Find Your Home!

Saturday, March 12, 2011

Carriage Park Condos for sale in Suntree (Melbourne, Florida) - Pricing is not always "apples to apples"

As a real estate agent in Brevard County, Florida I have some “favorite” subdivisions and condo complexes.

No, I do not steer any buyers toward these although perhaps I do write more about them like Fairway Lakes in Viera, Ravencliffe in Viera, Chelsea Park in Rockledge, for example.

As I was reviewing recent activity in the gated Suntree condo complex Carriage Park I noticed a sale in February for $80,000!  This ground floor 1,376 sq. ft. unit had a single car garage and was bank owned.

Then I noticed two active listings for the same size unit – both standard sales – both listed for $129,900.

I understand a foreclosure is usually not in the same condition as a standard sale but is there a 49,900 difference?

When setting a list price its not always "apples to apples" [standard sale to standard sale] but rather "apples to oranges" [standard sale to distressed sale]. 

Follow by Email