Someone asked me recently the “going price” for a three bedroom 2 bath house with a two car garage. I understood what they wanted to know but the answer was not as clear.
It is a lot like calling a car dealer and asking what the "going price" is for a verhicle with four doors, four tires and an engine!
You see, in my market (Brevard County, Florida) there 1,272 three bedroom two bath two-car garage homes for sale as of this morning. Of these...
- 433 of these that were built after the year 2000.
- 61 located within 55+ communities such as Heritage Isle, Grand Isle or Indian River Colony Club.
- 133 are located in Viera, Suntree and Rockledge, Florida - my "farm".
- 10 are located west of Interstate 95 in Viera.
So when one wants to know the "going price" of any home in anyplace, USA an appropriate response requires additional information like...
- standard sale or short sale or bank owned (foreclosure),
- location such gated community, waterfront, golf course
- year built,
- construction (wood frame, brick or concrete),
- lot size,
- 55+ community or not,
- new construction,
- pool or not
- the more information, the better!
The same can be said of condos. I frequently get the question regarding the price of condos for sale in Florida.
Again, it is the additional information (More Is Better) that paves the way to an appropriate answer.
Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.
Read my blogs Florida Homes for Sale, Moving to Brevard County, Florida, and Brevard County Florida Real Estate Information.
