General Area in Centennial>Question Details

Tom Cho, Home Buyer in Parker, CO

the village at centennial

Asked by Tom Cho, Parker, CO Mon Jun 23, 2008

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8
Hi Tom,

I think I also know the home you are talking about, but I don't want to guess. Please call or email me the address so I can do the exact research and be certain of my answer. 303.919.0309 cell or stuart@stuartdobson.com. Thank you.
0 votes Thank Flag Link Tue Jun 24, 2008
Tom after a bit more research, I have found the home I think you are talking about. If it is in fact this one, I have been inside of it, and it is very nice. I would be happy to share with you privately some other info I know on it. Contact me via email at bob@gethomedenver.com or via phone 303.770.1180
Web Reference: http://bloghomedenver.com
0 votes Thank Flag Link Tue Jun 24, 2008
Tom,

I just ran some quick numbers and the average price that homes have sold for in the neighborhood over the past couple of years is $183 per sq. ft. Just running some over-simplified numbers, puts the value closer to $440k.

Price per sq. ft. is a ROUGH indication and is in no way an exact measurement. For example, properties with only 2 car garages are included in the figures so, this property would demand a bit more. Same goes for home backing, or siding to Potomac (the main street connecting to Arapahoe Rd), granite counters and other upgrades in the house, etc.

My best advice would be to have your agent go through the home, do a current market analysis for YOU, and then see if the seller would sell at a price you are comfortable with.

If you are currently working with an agent, then good luck with the home. If not, my team is very experienced and would love the opportunity to assist you with your purchase. We can provide all the statistical data, and help you understand the short and long term ramifications of buying in a particular location at a particular price.

Please let me know if you have other questions.
Web Reference: http://bloghomedenver.com
0 votes Thank Flag Link Tue Jun 24, 2008
This answer is for both of you.
Lot size is 10,000sf and facing east. There is an old house with huge lot facing each other, but it is remote. The size of the house is 2,400sf with 3 car garage. Built in 2005. Maybe this property is the same property as Bob was talking about below...It is currently listed @469k, but do you think it is worth that much?
0 votes Thank Flag Link Tue Jun 24, 2008
Tom, those properties are actually a fairly good value. The neighborhood to the North, Valley Country Club Estates is currently having 5 homes built, and the starting price will be $700k-$800k. I recently viewed a re-sale home in the community, never lived in, and a decent value with opportunity to negotiate a better deal.

I have sold many homes in the area (Valley CC Estate, Algonquin Acres) and would be happy to share insite as to some other issues. (Water Districts, School Re-zoning, etc.)

The location west of Parker Road is a huge bonus, as you don't have to fight nearly as much traffic!

Bob Schenkenberger
bob@gethomedenver.com
Web Reference: http://bloghomedenver.com
0 votes Thank Flag Link Tue Jun 24, 2008
Hi Tom,

It depends on the lot, how big is it (square feet)? what does the lot face or back up too? But in this market I agree that seems high. Do you have negotiating help with the Builder? Would you like help?

Thank you,

Stuart
Web Reference: http://www.StuartDobson.com
0 votes Thank Flag Link Tue Jun 24, 2008
Yes.
It's kind of pricey...even if the area is good. Considering current real estate market, lot premium 85k with 10k sf seems to be high.
0 votes Thank Flag Link Mon Jun 23, 2008
Hi Tom,

Did you have a question about The Village at Centennail by Berkeley Homes?
Web Reference: http://www.Stuartdobson.com
0 votes Thank Flag Link Mon Jun 23, 2008
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