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 contemplating selling within the coming months. Now, on to the latest market update….
- Under Contract – 13801 Belle Chasse #312 – This is a Dartmouth model was freshly painted. Features include new granite counters, eat-in kitchen, two bedrooms, two full baths and private garage space. Approximate tax living area – 1,673 sq. Contract Date: April 25,2015. Days on the market – 126.
- Under Contract – 13801 Belle Chasse Blvd. #411 – List Price – $217,000. This Dartmouth model features two bedrooms, two baths, private one car garage. Approximate tax living area – 1,673. Settlement date: June 30, 2015. Days on market – 55.
- Sold – 13801 Belle Chasse Blvd. #314 – List Price – $259,900. This Windsor model is the largest luxury condominium in Victoria Falls. Features include open floor plan, eat-in kitchen, two bedrooms, two full baths, private one car garage plus one surface space. Approximate tax living area – 1,875 sq. ft. Closed Price – $259,900 on March 31, 2015. Subsidy: $0. Days on market – 104.
- Active – 13401 Belle Chasse Blvd. #416 – List Price – $274,900. This Windsor model is the largest condominium unit in the community. This unit overlooks pond by mail pavilion. Features include open floor plan, hardwood floors, eat-in kitchen, two bedrooms, two full baths, private front load garage. Approximate tax living area – 1,875. Days on Market – 10.
- Active – 13801 Belle Chasse Blvd. #112 – List Price – $239,900. This Dartmouth model is located on ground level. Features include two bedrooms, two full baths, fenced in flagstone patio and private one car garage. Approximate tax living area – 1,553 sq. ft. Days on Market – 2.
- Active – 13801 Belle Chasse Blvd. #214 – List Price – $269,900. This Windsor model is the largest luxury condominium available in Victoria Falls. Features include open floor plan, eat-in kitchen, two bedrooms, two full baths, balcony and private one car garage plus one surface space. Approximate tax living area – 1,875 sq. ft. Days on Market – 10.
- Active – 13801 Belle Chasse Blvd. #216 – List Price -$269,900. This Windsor model is the largest luxury condominium available in Victoria Falls. Features include open floor plan,.ceramic foyer entry, hardwood floors, eat-in kitchen, two bedrooms, two full baths, balcony and detached garage. Days on Market – 10.
The condo market in Victoria Falls is jumping with a noticeable increase in the recent asking prices. If you are considering purchasing a condo in VF you may want to the model type model and added improvements before signing on the dotted line. Follow our blog at www.ahawkesrealtors.com to get the inside scoop and the latest market information on the Victoria Falls real estate market!