Spring Meadow Market Monitor -

UPDATED 23 May 2008

 

The most common question in real estate is "how much is my home worth?" 

A REALTOR® can provide the answer to that question by doing a Market Analysis, giving you an idea of the value of your home in comparison with other properties both similar to yours, and in a 'like' neighborhood.  This analysis includes all properties which have sold, expired, are currently pending sale, or are actively on the market now.  It offers a picture of the market, and an analysis of trends.  As a REALTOR® I will do this at no cost or obligation, and I'm happy to provide the service

As a neighbor, I focus on our community both for professional and for personal reasons.  The value of houses in this neighborhood is the value of MY HOUSE TOO!

Appraisers, typically hired by lenders for real estate transactions in progress, can only operate on 'sold' data.  This means that they are utilizing a 'snapshot' of the market, and this provides an important key to selling your home, as it impacts how much money can be borrowed (no lender is going to lend you more money than the house is worth!).

Other factors in valuing your home lie in the specific condition of your home.  Upgrades in cabinetry, flooring, landscaping, deferred maintenance, etcetera are key in determining where your house will fall within a given range of value. 

To give you an idea of what has been going on "in your neck of the woods" I wanted to provide information on recent sales in Spring Meadow.  The table below provides the sales price and other essential info about recent activity in our neighborhood.  I hope that you find it helpful and will update it on a quarterly basis.  In the interim, if you have any questions, please call me.

Spring Meadow Housing Market Activity 
Since January 01 2008*

* Current Active Listings as well as those that are Contingent, Pending Sale, or have SOLD since January 1st 2008.

Stat MLS # Price Address Bedrms Bathrms SqFt $/SqFt Yr Blt LotSqft DOM Original Price Difference
ACT   587365 $187,500    1542  Beaver Ct 3          2          1235 151.82 1996 8276 201 $192,500.00 ($5,000.00)
ACT   596441 $188,900    4827  Caribou Dr 3          2          1204 156.89 2002 0 4 $188,900.00 $0.00
ACT   589239 $212,977    1616  Elk Cl 3          2.5        1610 132.28 1998 6970 142 $229,977.00 ($17,000.00)
ACT   583583 $213,000    5162  Deer Run St 3          2          1445 147.4 2007 7564 276 $245,600.00 ($32,600.00)
ACT   577627 $227,000    1892  Black Bear Av 3          2          1642 138.25 2006 6534 374 $256,700.00 ($29,700.00)
ACT   593733 $229,900    1549  Beaver Ct 3          2.5        1709 134.52 1996 7405 54 $242,500.00 ($12,600.00)
ACT   595492 $235,000    1948  Marten Av 3          2.5        1634 143.82 2004 5414 23 $235,000.00 $0.00
ACT   596051 $239,900    1565  Beaver Ct 3          2.5        1800 133.28 1996 0 12 $239,900.00 $0.00
ACT   591120 $249,500    1768  Marten Av 4          3          1813 137.62 2005 5096 103 $259,900.00 ($10,400.00)
ACT   590540 $254,500    4790  Falcon St 4          2.5        1907 133.46 2003 6514 114 $259,900.00 ($5,400.00)
ACT   596139 $254,977    2035  Lynx Av 4          2.5        2040 124.99 2001 6970 10 $254,977.00 $0.00
ACT   596581 $257,900    1790  Cougar Av 4          2.5        1921 134.25 2002 6402 3 $257,900.00 $0.00
ACT   594104 $259,900    1561  Otter Ct 3          2.5        1907 136.29 1996 6850 48 $274,900.00 ($15,000.00)
ACT   592717 $259,900    5214  Mallard Cl 3          2          1864 139.43 2001 6534 74 $279,900.00 ($20,000.00)
ACT   591316 $269,900    1564  Black Bear Ct 4          2.5        1820 148.3 1997 6098 100 $279,900.00 ($10,000.00)
ACT   592096 $274,000    1745  Elk Cl 4          2          1846 148.43 2005 0 86 $274,000.00 $0.00
ACT   595853 $274,000    4900  Caribou Dr 3          2          2013 136.12 2003 6534 16 $274,000.00 $0.00
ACT   594910 $287,500    1599  Marten Av 4          2.5        2120 135.61 2003 5973 34 $294,900.00 ($7,400.00)
ACT   591391 $289,900    2140  Bobcat Av 4          2.5        2060 140.73 2004 4792 96 $289,900.00 $0.00
ACT   593506 $289,900    1641  Elk Cl 3          2.5        2312 125.39 2005 6386 59 $294,900.00 ($5,000.00)
ACT   596389 $289,903    1673  Marten Av 4          2.5        2532 114.5 2004 5068 5 $289,903.00 $0.00
ACT   596339 $295,977    1711  Salmon Run 4          3          2550 116.07 2004 6270 6 $295,977.00 $0.00
ACT   595029 $299,977    1658  Marten Av 5          3          2626 114.23 2003 6098 32 $319,977.00 ($20,000.00)
ACT   593036 $315,900    1648  Salmon Run 5          3          2626 120.3 2004 6270 68 $324,950.00 ($9,050.00)
ACT   591230 $320,000    1582  Bobcat Av 5          3          2776 115.27 2004 5501 101 $335,000.00 ($15,000.00)
ACT   594657 $324,977    2115  Salmon Ct 5          2.5        3352 96.95 2004 6098 40 $324,977.00 $0.00
ACT   589597 $329,900    5199  Mallard Circle 4          2.5        2450 134.65 2001 0 135 $353,900.00 ($24,000.00)
ACT   595912 $335,000    4987  Chinook Dr 4          2.5        2574 130.15 2000 6600 13 $335,000.00 $0.00
ACT   591304 $339,000    1973  Salmon Run 5          3          2626 129.09 2004 8337 100 $339,000.00 $0.00
ACT   594434 $389,900    3871  Moose Run Dr 3          2.5        2519 154.78 2005 12632 41 $404,900.00 ($15,000.00)
ACT   595799 $399,000    1565  Salmon Run 5          3          2790 143.01 2004 8276 17 $399,000.00 $0.00
SLD   589330 $177,000    1613  Elk Cl 3          2          1227 148.74 2003 5100 64 $182,500.00 ($5,500.00)
SLD   592156 $194,750    1957  Lynx Av 3          2