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...]
Update – Victoria Falls Third Quarter Market Watch
Update - Victoria Falls Third Quarter Market Watch – Single Family/Villa Styled Homes (SFH) summer issue summarizes the SFH and Villa styled homes market activity within the VF Resort Community through the quarter. This summer have shown a growing demand for SFH, villa styled homes and condos with an increase in sales prices during this same period. There were five Active listings and now there are only two active listing. This shows the improving market for this type of homes in VF. We’ve noticed a steady increase in the SFH close prices since our last blog in July. The recent sale of 7401 Forests Edge Ct.a SFH took over the top spot for the highest sales price at $490,000. Now, to the latest data regarding Single Family/Villa Styled Homes…… New to Market - 13202 Rabbit Chase Rd. - List Price: $359,900. This villa townhouse features three bedrooms, three full baths and attached garage. Tax living area: 1,464. Days on market - 13. New to Market - 7211 … [Read more...]
Victoria Falls Quarterly Market Watch – SFH
Victoria Falls Quarterly Market Watch – SFH summarizes the market activity for Single Family Home within Victoria Falls through the second quarter. Overall, there have been little inventory in SFH market since it's inception in 2005-2006. The last sale of a SFH closed at the highest sales price thus far of $448,000. Now, to the latest market data regarding Single Family Homes…… Active – 7416 Near Thicket Way, - Listed at $465,000. This SFH features four bedrooms, three full baths, gourmet kitchen and two car garage. Days on Market: 37 Active - 7401 Forest Edge Ct. – Listed at $510,000. This is a Thoreau model is the largest of the three Michael Harris Homes models available in the VF community. This SFH features four bedrooms, three full baths, two car garage with Florida/Sun Room that extend the living space to a covered patio and gazebo. Days on Market: 1 Sold – 7402 Heartleaf Circle – This Michael Harris SFH is a Hemingway model that originally listed for … [Read more...]
Victoria Falls Quarterly Market Watch – SFH
Victoria Falls Quarterly Market Watch – Single Family Homes (SFH) as of June, 2015 summarizes the SFH market activity within the VF Resort Community during the second quarter. Over the last year, we have not seen much of a turnover in the SFH inventory. The last sale of a SFH closed at the highest sales price of $448,000. Active – 7416 Near Thickett Way, - Listed at $465,000. This SFH features four bedrooms, three full baths, gourmet kitchen and two car garage. Day on Market: 25 Sold – 7402 Heartleaf Circle – This Michael Harris SFH is a Hemingway model that originally listed for $469,900. Features include four bedrooms, three full baths, attached two car garage and fireplace. Approximate tax living area: 1,896. Close Price: $448,000 with no seller’s contribution to the buyer. Days on market: 18 Michael Harris Homes built three model styles: The Thoreau – the largest of the three models with features: 9 foot ceilings, master bedroom … [Read more...]
Victoria Falls Quarterly Market Watch – Condos
Victoria Falls Quarterly Market Watch – Condos as of June 2015, provides an update on the Condo market activity in the Victoria Falls (VF) community. As residential Realtors at VF, we routinely monitor the VF market to apprise the VF residents/neighbors, potential buyers, sellers, lookers and other interested parties on the latest market information regarding the real estate market activity within the VF community. We were fortunate to work with a buyer and seller to close on a Windsor model in building 13801 on July 1, 2015. Although, the seller listed the condo for $269,900 the appraisal came in at the contract price of $259,000. The appraised value of future condos may have to be contested to receive a higher market value. Factors such as added improvements, taxable living area and upgrades will add into future market values…Now, to the condo update you have been waiting for…. Status Building- Unit # Model List Price Closed Price/Date Seller’s … [Read more...]
Victoria Falls Quarterly Condo Market Update
Victoria Falls Quarterly Condo Market Update as of May 2015, provides an update on the Condo market activity in the Victoria Falls (VF) community. As residential Realtors here at VF, we routinely monitor the VF market to apprise the VF residents/neighbors, potential buyers, sellers and other interested parties on the latest information regarding the market activity within the VF community. As you review the property information you will start to realize a correlation in the asking prices to the specific condo model, added improvements, tax living area, i.e., interior size of living space. There were three models available to homeowners when the condo buildings were constructed. The models are the Kingston, Dartmouth, and the Windsor model. Each model vary in the tax living area. We are overly excited to report that $259,900 was the highest price for a condo thus far in the community. With no seller’s subsidy to the buyer. This is great news for potential condo sellers who are … [Read more...]
Victoria Falls Quarterly Market Watch
Victoria Falls Quarterly Market Watch – Villa Townhouses as of April 2015, summarizes the market activity for Villa Townhouse styles within the VF Community. The real estate market for villa style townhouse is strong and vibrant here at Victoria Falls. Since the first quarter edition in January there were two villa townhouses that sold at modest prices. The added amenities such hard wood floors, granite counters and the tax living area is reflected in the closed price. We hope you enjoy the updates in the Victoria Falls Quarterly Market Watch! Sold - 7118 Piney Woods Pl. – This attached Villa townhouse listed for $359,500. Features include four bedrooms, two full baths, one half bath and two car garage. Approximate tax living area 3,005 sq. ft. Close Date: January 21, 2015 - Close Price: $359,500 - Seller’s Subsidy: $5,500. Days on market – 73. Sold – 7218 Winterfield Ter. – This Wellington Model Villa townhouse listed for $347,500. Features include three … [Read more...]
Victoria Falls Quarterly Market Watch – Single Family Homes
Victoria Falls Market Watch – Single Family Homes (SFH) as of April 2015, summarizes the SFH market activity within the VF Resort Community. Over the last year, we have not had much activity or inventory in the SFH market. The most recent sale - a Michael Harris SFH recently closed on March 26, 2015. This property closed at the highest sales price to-date replacing the sales price of the former model home that sold for $402,000 in 2013. Sold – 7402 Heartleaf Circle - This Michael Harris SFH is a Hemingway model that originally listed for $469,900. Features include four bedrooms, three full baths, attached two car garage and fireplace. Approximate tax living area: 1,896 sq. ft. Close Price: $448,000 with no seller contributions to the buyer. Days on market: 18. Michael Harris Homes built three model styles: The Thoreau – the largest of the three models with features: 9 foot ceilings, Master bedroom suite and additional bedroom/den, 2 full baths on main level plus … [Read more...]
Victoria Falls Market Watch – Active Villa Townhouses
Victoria Falls Market Watch – Active Villa Townhouses as of January, 2015 summarizes the active listings for Villa Townhouses within the VF Community. Going forward the VF Market Watch will be posted on a quarterly basis. However, if you need additional information or have questions, or comments we are always available to discuss your request. Visit our blog on our website at: www.ahawkesrealtors.com. Rental – 7215 Winterfield Ter. – End Unit Villa townhouse listed for rent at $2,550. Features include three bedrooms, two full baths and half bath. Approximate tax living area 3,199. Days on market – 23. Active Listing – 13136 Brooktree LN.7118 Piney Woods Pl. – Villa townhouse listed for $314,000. Features included three bedrooms, two full baths and half bath. Approximate tax living area - 1,356 sq. ft. Days on Market – 47. Contract/No Kick-Out – 7218 Winterfield Ter. – Villa townhouse listed for $347,500. Features included three … [Read more...]
Victoria Falls Market Watch – Villa Townhouses
Victoria Falls Market Watch – Villa Townhouses as of January, 2015 summarizes the market activity for Villa Townhouse styles within the VF Community. Going forward the VF Market Watch – Villa Townhouses will be posted on a quarterly basis. However, if you need additional information or have comments or questions we are always available to hear your request. Visit our blog on the web at www.ahawkesrealtors.com. Update – 7101 Piney Woods Pl. – End Unit villa townhouse listed for $415,000. Closed on December 15, 2014 at $397,000. No buyer’s subsidy! Features included three bedrooms, two full baths and half bath. Approximate tax living area 3,304. Days on market – over 20. Update – 7118 Piney Woods Pl. – Villa townhouse originally listed for $369,500. Pending contract scheduled to close on January 9, 2015. Stay tuned in! Features included four bedrooms, two full baths and half bath. Approximate tax living area - 3,005 sq. ft. … [Read more...]
