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I need an update on homes in SAn Ramon
How willing are sellers of La Sera, Sera Vista, Chanterra, emory, etc etc in negotiating? What would be a
reasonable offer for such homes? What are these homes listed for these days? what about property taxes? Would San Ramon Windemere homes have a good resale value?
Thu Apr 24 2008, 06:30 - San Ramon - Home Buying - 5 answers
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Dear Jo,
Hope you're doing well. Chanterra & Emory communities at Windemere are sold out. For an up to date list of commuities currently selling homes in Windemere, you can reference: www.visitwindemere.com Good luck. Warm Regards, Zia Fri Apr 25 2008, 22:16 Web Reference: http://www.PlatinumClubRealty.com
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Darrell - Where did you get such a price listing? Was this based on recent sales or is this something you compiled yourself?
Fri Apr 25 2008, 14:32
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For the table listed below, I have to point out that it applies only to Gale Ranch and Windermere area (relatively new houses, better community). For houses in south San Ramon (close to Dublin and I-680), the sale price is typically 10% lower.
Another approach is to check the lowest listing price of similar house (most probably bank-owned or short sale), cut down at least 10% or 15%. Do not forget to compare your offer with the table listed below. It should be at least lower than that listed in the table. Otherwise you are overpaying and will regret later. The key point is that you need to ignore the listing price, no matter how high it is (i.e., don't be fooled by the listing price). Good luck with your house hunting. Darrell Fri Apr 25 2008, 14:27
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Here is the guideline:
Living Area (ft2) Offer Price (k) Price/sqft 1800 $586.1 $326 1850 $597.5 $323 1900 $608.6 $320 1950 $619.4 $318 2000 $630.0 $315 2050 $640.3 $312 2100 $650.3 $310 2150 $660.1 $307 2200 $669.6 $304 2250 $678.8 $302 2300 $687.8 $299 2350 $696.5 $296 2400 $705.0 $294 2450 $713.1 $291 2500 $721.0 $288 2550 $728.7 $286 2600 $736.0 $283 2650 $743.2 $280 2700 $750.0 $278 2750 $756.6 $275 2800 $762.9 $272 2850 $768.9 $270 2900 $774.7 $267 2950 $780.2 $264 3000 $785.5 $262 Subtract 5% is the house is more than 10 years old. Subtract 2% if the house is not in decent condition. Add 2% if the house has great upgrades. The list is valid only for this month (April 2008). Subtract 1% each month until end of this year. Darrell Fri Apr 25 2008, 14:06
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FIRST ANSWER
this area will come down in prices over the next 1-5 years.
Thu Apr 24 2008, 21:39
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