In Auburn Lakes subdivision in Viera (Melbourne, Florida although the mailing address is Rockledge, Florida), there are seven active listings for homes for sale.
Of the seven listings in Auburn Lakes, six are priced at or below $150,000.
What is it about that seventh listing? Let’s see…
Could be the size. No, guess not as it's a 4 bedroom 2 bath 2 car garage house with 1,911 sq ft under air just like four of the homes priced below $150,000!
Must be the view? Nope, can’t be as it does not have a lake view while two of the others (plus one under contract) have lake views and are $75,000 less.
Hmm.. I am puzzled.
Must be the age of the house. Nope, can’t be that as they were all built in 2003 and 2004.
OK, must be the pool. Yes, that is it…a $75,000 pool - must be the pool as there is no other difference.
I see the highest selling price since June 2010 in Auburn Lakes was $195,000. It did have a pool. Can you believe the price of a pool these days?
For information on homes for sale in Auburn Lakes as well as any other Viera neighborhood, call me directly at 321-693-3850 or email me, Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.