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 – 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...]
Victoria Falls Market Watch – Single Family Homes
Victoria Falls Market Watch – Single Family Homes as of January, 2015 summarizes the SFH market activity within the VF Resort Community. Future updates of the VF Market Watch will be posted on a quarterly basis. However, if you need additional information or have a comment we are always available to accommodate your request. Visit our blog at www.ahawkesrealtors.com. New Listing – 7402 Heartleaf Circle – MH Hemingway model recently listed for $469,900. Features include four bedrooms and three full baths. Approximate tax living area: 1,896. Days on market: 8. Rental – 7400 Heartleaf Circle – MH Hemingway model listed for $2,650. Features include four bedrooms, two full baths and half bath. Approximate tax living area – 2,183 sq. ft. Days on Market: 60. Michael Harris Homes built three model styles during the initial building phase : The Thoreau – the largest of the three models with features, e.g., 9 foot ceilings, 2 bedrooms … [Read more...]
Victoria Falls Market Watch-Condos
Victoria Falls Market Watch–Condos as of December 6, 2014 is an update on the Condo market activity in Victoria Falls (VF) community. We monitor the VF market to apprise the residents/neighbors, potential buyers and other interested parties on the real estate market in the VF community. The asking prices for condos vary according to condo model, added improvements, tax living area, i.e. interior size of living space, number of bedrooms and baths. There are three models available, i.e., The Kingston, The Dartmouth, and the Windsor models. They all vary in tax living area. Here goes the update for Victoria Falls Market Watch-Condos…. New to Market: 13801 Belle Chasse – List Price - $259,900.This is a Windsor model which is the largest luxury condominiums. Features include two bedrooms, two full baths and private garage. Approximate tax living area – 1,875. Days on market – 3. Rental: 13851 Belle Chasse – This is a Dartmouth model. Features include two … [Read more...]
Victoria Falls Market Watch – Single Family Homes
Victoria Falls Market Watch - Single Family Homes as of November 14, 2014 is an update on the real estate market activity within Central Parke at Victoria Falls (VF) community. Over the last six months the inventory of single family homes was limited to one sale of a Michael Harris home. We monitor the VF market activity to apprise VF residents/neighbors, potential buyers and other interested buyers and parties. New Rental Listing - 7400 Heartleaft Circle - listed at $2,850. This Michael Harris Home features four bedrooms, two full bath and half. Approxiamate living area is 2,183. Days on Market (DOM) - 6. This information is being provided as a courtesy. If you would like to subscribe to a Market Snapshot of this or another community send us an email at [email protected]. Or, give us a call at 301-483-8073. A Market Snapshot will provide an overview of a particular neighborhood. And, can be set-up for distribution on a daily, weekly or monthly basis. We are … [Read more...]
Victoria Falls Market Watch – Villa Townhouses
Victoria Falls Market Watch – Villa Townhouses as of November 14, 2014 is an update on the Victoria Falls (VF) Community real estate market since the last edition. We monitor the VF market activity to apprise VF residents/neighbors, potential buyers and other interested parties. The asking prices vary from villa to villa based on square footage, energy savings features such as solar panels, tax living area, i.e. interior size of living space, number of bedrooms and baths, and other added features that may or may not play a role in determining the final sales price. Contingent Contract - No KickOut - 7101 Piney Woods Pl. – Drees end unit villa townhouse listed for $415,000. Features include three bedrooms, two full baths and half bath. Approximate tax living area 3,304. Days on market (DOM) – 20. Active Listing – 7218 Winterfield Ter. – Craftstar end unit villa townhouse currently listed at $347,500. Adjusted from the $350,000. Features include three bedrooms and three full … [Read more...]