Victoria Falls Market Watch/Active Condos summary report through October, 2016. The overall condo market continues to be extremely strong! With market values continuing to increase with sales prices driven by a strong demand and lack of inventory of available condos for sales. There are three different models offered in the community. The Windsor (largest model), Kingston (includes a den/study) and the Dartmouth model are available in the Victoria Falls Community. The total tax living area square footage and the added updates, e.g. hardwood floors, granite and stainless steel appliances differentiates the sales prices among the units. Victoria Falls Market Watch/Active Condo Market summary report as of October, 2016: Active – 13601 Belle Chasse Blvd. #414 – List Price: $315,000. This model features 2 bedrooms, 2 full baths, a gas fireplace, granite counters, hardwood floors and one car garage space. Approximate Tax Living Area: 1,875 sq. ft. Days on Market: … [Read more...]
Victoria Falls Third Quarter Market Watch – Condos
Victoria Falls Third Quarter Market Watch – Condos Listings this summer continue to be extremely robust with a growing inventory! The market continues to look lucrative for sellers when realistically pricing their condo conservatively based on relevant upgrades and square footage. During the summer there were five condos that closed from a low sales price of $212,000 to a high of $276,400. We have noticed the list prices vary significantly among all model condos and buildings. We conclude that the high list prices are the result of demand and upgrades, e.g., kitchens with stainless steel appliances, cabinets, ceramic tile baths, and the addition of hardwood floors. Victoria Falls Third Quarter Market Watch - Condos is provided as a courtesy from your neighborhood Realtors here at VF, we routinely monitor the VF housing market to update potential sellers/neighbors, potential buyers, sellers and other interested parties apprised on the market activity within the VF … [Read more...]
Victoria Falls Market Watch – Villa Townhouses
Victoria Falls Market Watch – Villa Townhouses is provided as a guide to help distinguish between the various styles in the Victoria Falls community. VF includes Michael Harris single family homes, Drees and Craftstar villa style townhouses. New Listing – 7118 Piney Woods Place – Craftstar villa townhouse listed for $369,900. Features include four bedrooms and two full baths. Approximate tax living area - 3,005 sq. ft. Days on Market – 7. Active/Listed – 7307 Birdcherry Lane – Craftstar villa townhouse is listed for $349,900. Features include three bedrooms and three full baths. Approximate tax living area – 1,850 sq. ft. Days on market – 56. Under Contract -7224 Paperbark Terrace – REO Craftstar villa townhouse listed for $229,900. Pending closing on September 15, 2014. Features include two bedrooms and two full baths. Approximate tax living area – 1,472 sq. ft. This was an exceptional value based on original list price. Days on market – 100. Under Contract – 7311 … [Read more...]
Victoria Falls Market Watch – Villa Styled Townhouses
This Victoria Falls Market Watch - Villa Styled Townhouses reports one townhouse villa listed for sale at $359,900 and currently under contract pending closing. This villa style homes include three bedrooms and three full baths. Victoria Falls Market Watch reviews and tracks the VF community market data on a daily basis....It appears that the Crafts Star villas are selling for a lot less than the Drees styled villa homes. Most of the Drees town homes are closing at $375,000 to $380,000. Although , the majority of buyers are looking for the end unit Drees style homes. Some of these Drees homes include four bedrooms and spacious living space. VF Market Watch - Villa Styled townhouses indicate that the average sales prices for villa style homes range from a low of $349,900 to a high of $380,000. Unfortunately, there have not been any sales of the Drees end units homes thus far in the community. Victoria Falls Market Watch - Villa Styled Townhouses residents should anticipate an … [Read more...]
Victoria Falls Market Watch – Condos
Victoria Falls Market Watch - Condos shows that there are currently no active condos listed on the market for sale at this time. The most recent sale of a condo closed this summer at $235,000 on July 16th. This was the highest sales price for any condo style in the VF community thus far. This increase should be considered great news for those condo resident facing foreclosure, short sale or foreclosure or thinking about relocating to another region. We'll be watching the VF market to see if this trend in increased market values continues going forward. Victoria Falls Market Watch - Condos suggest to condo residents to anticipate continued increases in sales prices moving forward in 2014 – 2015. The Victoria Falls community is fortunate to have a daily stream of interested and motivated buyers searching the internet and Google searches, visiting, walking and looking to relocate into the VF community. Google search engines are giving Central Park at Victoria Falls high ranking at the … [Read more...]
Home buyers Tax Credit to Purchase Laurel Foreclosures
The City of Laurel recently passed legislation adopting a tax credit program for purchasers of foreclosed homes within the City of Laurel, Maryland. Home buyers tax credit to purchase Laurel foreclosures - Now in effect, the legislation offers a five-year descending City tax credit of up to $3500 for buyers purchasing their primary residence within Laurel City limits. Under the program, eligible buyers will receive credit for 100% of their City property taxes up to $3500 for two years following purchase. In subsequent years, three to five, the credit will decrease to 75%, 50%, and 25% respectively. Home buyers tax credit to purchase Laurel foreclosures is now available if the property is deemed to be a "distressed property" the purchaser may be eligible for an extended credit. As with similar programs, the credit terminates when the initial purchaser ceases to occupy the home as their primary residence. To learn more and obtain application forms please visit: City of Laurel 8103 … [Read more...]
