Properties located close to the Healdsburg Plaza list at a premium. Powell Avenue has historically been the divider for walking distance to the Plaza. We have been trying to break that perception because there are areas north of town like Rosewood for example that have many excellent choices and is 1 mile to the Plaza.
I am hosting an open house at 216 Lorraine Ct on Sunday, July 4th from 12-3. Stop by, I will give you more information on the area.
You know the old saying...location, location, location. In this case, that's why you see the price difference. However, you should get a knowledgable Realtor to get you accurate comps as their may be foreclosures, short sales and such in the area which may also be bringing down the prices. If you like, I'd be happy to generate comps for you on any property of your choice.
Very important factors to consider:
What is the motivation of the seller?
Are they in financial distress?
What about the neighborhood?
Are there a lot of NOD's? (Notices of Default?)...on the way towards foreclosure.
When a home goes back to the bank via a foreclosure, it can have a negative ripple effect throughout the neighborhood and becomes the new "Sold Comp" and bring down values.
Find out if the neighborhood values are declining or appreciating.
Hire a great agent that you know is an expert and has your best interest at heart and have them provide you with the information you need in order to be comfortable enough to decide whether or not to make an offer.
Healdsburg is and has been a very desirable community and the statistics will bear out that the average income is far greater than many, many communities and that people "chose" to live in Healdsburg, much like they do in Sebastopol, Occidental and many more of our great spots within Sonoma County.
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