Sunday, March 27, 2011

"You always get what you pay for"

SUNRISE FROM WINDWARD EAST

WINDWARD RUSH
The side unit that was listed for 2 years with the service that charges to put listings in MLS with that being their only service has finally gone with a full service realtor and a significant price decrease.  The unit is on the 2nd floor with side views 2 bedrooms 2 baths now listed at $209,000.  Now it doesn't take a lot of thought to recognize the money that has been lost with condo dues and taxes more than makes up for the commission to be paid at closing.

WINDWARD EAST
Another top floor sanddollar has closed for a sale price of $290,000 and was listed at $299,900.  That makes 3 sanddollar floor plan units that have sold in Windward in the past year.  The 2 top floor units sold for $290,000 and $299,000 and the one on the 4th floor sold for $265,000.  One side unit has closed for $200,200, this was the foreclosure and wasn't a sanddollar with 1316 sq ft.

The moral of the story is don't waste too much time at the top of the price range if you are serious about selling.  Condos are selling if priced competitively.

Jim Bagwell  










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