While reviewing recent sales in Viera’s gated executive community of Summer Lakes I noticed that three of the four active listings were priced at $$789,000.
All of these Summer Lakes homes are 4 bedroom three bath properties with 3,06-3,653 sq.ft. under air with 3/4 car garages and pools.
Is the pricing of homes in Summer Lakes so evenly coincidental?
Of course not.
Sellers (and their real estate agents) must know what the competition is within their neighborhood and immediate area. In the case of Summer Lakes it is necessary to know the prices of nearby communities like Charolais Estates, Colfax Landing, Fairway Lakes and Wyndham at Duran. Of course one of the keys to comparative pricing is identification of the differences and the similarities.
If you are considering selling your Viera, Suntree Rockledge, Florida home, contact me for a free no obligation market analysis.