Victoria Falls Quarterly Market Watch – Villa Townhouses as of June 2015, summarizes the market activity for Villa Townhouse styles within the VF Community. The overall real estate market is strong and vibrant at Victoria Falls. Since our first quarter edition in January there were two villa townhouses that sold. You will notice the sales prices reflect the differences in the tax living area. Status Address List Price Close Price # of Bd/rms/baths Days on Market Active 13123 Brooktree Ln. $405,000 Pending 4/2/1 68 Active 7129 Piney Woods Pl. $424,900 Pending 3/2/1 12 Sold 13136 Brooktree Ln. $270,000 $260,000 3/3 150 Sold 13117 Summertree Way $360,000 $355,000 3/3 0 Sold 7123 Piney Woods Pl. $389,900 $369,000 3/2/1 22 Tell us if you like the table format better? Follow us on our blog at: … [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 Market Watch – Villa Townhouses
Subject: Victoria Falls Market Watch - Villa Townhouses Victoria Falls Market Watch – Villa Townhouses as of November 6, 2014 provides an update on the real estate market activity in the Victoria Falls (VF) community since our last edition. We routinely monitor the VF market activity to apprise the VF residents/neighbors, potential buyers and other interested parties. The asking prices vary from villa to villa based on square footage and living arera, i.e. the tax living area - interior size of living space, number of bedrooms and baths,location 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 – 20. Listing – 7218 Winterfield Ter. – Craftstar end unit villa townhouse currently listed at $347,500. Adjusted from the … [Read more...]
Victoria Falls Market Watch – Villa Townhouses
Victoria Falls Market Watch – Villa Townhouses as of October 1, 2014 show an increase in the market activity of villa townhouses within the VF Community. We periodically monitor VF market activity to be able to apprise and update our neighbors, potential buyers and other interested parties on the real estate market in the VF community. Although the asking prices vary from villa to villa the actual size, location and added features are a significant factor in determining the final asking price. New Listing – 7101 Piney Woods Pl. – End Unit Craftstar villa townhouse just listed for $415,000. Features include three bedrooms, two full baths and half bath. Approximate tax living area 3,304. Days on market – 3. New Listing – 7118 Piney Woods Pl. – Craftstar villa townhouse listed for $369,500. Features include four bedrooms, two full baths and half bath. Approximate tax living area - 3,005 sq. ft. Days on Market – 26. Contingent Contract/No Kick-Out – 7307 Birdcherry Lane … [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...]
Victoria Falls Market Watch – Single Family Homes
Victoria Falls Market Watch - single family homes provides a peak at the market activity within Central Park at Victoria Falls community. Several properties that were previously listed for sale during the summer have now closed. Coupled with an insufficient inventory of homes for sale and record low interest rates sellers are witnessing a sizzling sales market to say the least! The current supply of home listed have not kept pace with the increased number of home buyers flooding the market looking for homes to purchase. Victoria Falls Market Watch - single family homes focus on the sale of two single family homes this summer. The sale of a Michael Harris (MH) single family home (without a basement) listed and closed escrow at $399,900. This was a Hemingway Model that closed on June 30, 2014 without any sellers’ contributions to the buyer. The other pending sale of a MH single family home (without basement), which was a former model home was rescheduled for closing on the 31st. of … [Read more...]
Victoria Falls Market Watch – June 17, 2014
This edition of the Victoria Falls market watch shares the latest market data for the VF community. We share this market information with our neighbors, residents, potential buyers and others who are interested in the real estate market in the Victoria Falls community. Since our last edition on May 23rd - one single family home is now under contract with a kick-out clause. There are two villa styled homes currently under contract with no kick-out clause... This Victoria Falls market watch data is provided by our local Multiple Listing Service and include the following residential stats as of today, June 17, 2014. The analysis report shows that the average list price of single family and villa homes is $343,675. One single family property previously listed at $399,900 is now under contract with a kick-out clause. The actual closed price will not be available until after the closing date scheduled for June 30th. There are two villa style properties under contract with no kick-out … [Read more...]