In regards to a good price for the property, it loos like #43 (which is a 3 bed/2 full bath and 1 half bath TH) was listed for $299,999 and is already under agreement which is a $100,000 less than what #45 (similar square footage and also a 3 bed/2 full bath and 1 half bath TH) is listed at, $399,900. #43 sale will definitely have an impact on the value of #45.
Over the last year 4 condo townhouses have sold in The Villages complex and here are the average sale statistics:
Avg.Square Feet: 1,531.25
Avg. List Price: $396,725
Avg. Sale Price: $386,500
Avg. Days on Market: 58.25
Avg. Sale Price/SqFt: $254
1 of those TH's was only 2bed/1 full bath & 1 half bath (cheapest)
1 was 3bed/2 full bath & 1 half bath (most expensive)
2 of the TH's were 2bed / 2 full bath & 1 half bath
**Also important to note is that the above sales were in much nicer/more upgraded condition than #45 so that should also be calculated into overall value.
The condo fees are high because it includes all the amenities and maintenance of the complex: Water, Sewer, Swimming Pool, Exterior Maintenance, Road Maintenance, Landscaping, Tennis Court, Clubroom, Garden Area
Here is a link to the TH on the market for sale:
Here is the one currently under agreement:
Here is a link to everything on the market for sale in Winchester:
Hope that helps!
Feel free to give us a call anytime if you have questions. We are here 24/7 to help buyer's exclusively.
Massachusetts Premier Buyer Brokerage
617 848 5407 x701
if your Realtors is working exclusively with you (I.E. your buyer's agent) he/she should be giving you all the comps with the data that you need to help you make an informed, educated decision as what to offer, that is part of the job. This forum is great to get general questions answered but it could also be confusing as opinions and answers may vary from person to person. The key when purchasing is to go by your budget (something your Realtor should also help you with). Wen - email@example.com
This is typical with complexes that offer amenties such as a swimming pool, tennis courts, clubhouse along with the fact it covers your outside insurance, outside maintenance, water and sewer with reserves for future repairs. The Villages are very nice and well mantained by the mangement company. If you have any other questions please give me a call 617-216-7455 hope this helps
Coldwell Banker Real Estate
sometimes condo fees can be quite high depending on the complex, location and what it covers. As first time home buyers I would strongly suggest you get a Realtor to represent you and assist you (if you don't have one already). This will not cost you anything and you'll have some one on your side. You can find some experienced brokers here, speak to a few and then select one to help you in achieve your goal. Let me know If we can be of assistance, Wen firstname.lastname@example.org
You would certainly want to look at the condo's financials before you buy, to see what kind of reserve they have, and to see if they are planning a special assessment. This happens if they have a repair costing more than what they have saved for.
People worry about condo fees, but add up what it would cost you for the same things for a single family, and then compare.
Hope this helps!
a property is worth what a buyer is willing to pay for it. Looks like you have questions/reservations about this one. Offer what you are comfortable and as i mentioned go by your budget.
I came to know that seller's have an strong offer, my relator feels that it might be over or at asking price. She says there isn't much inventory at this time so asking us to bump up the offering,she says it is now upto us to decide the price.
The property needs serious face lift.
We are confused whether to go for asking price. We really like the community and the neighborhood but not sure if this property is worth chasing at full listing price.
The property needs total facelift and it is priced at $399,999K. To me that is little overpriced considering the Comps sold over past years.
I do have a realtor but she says its upto myself how much I am willing to pay to live in it.
What is your opinion? Is this fairly priced with the condo fee+ sp. ass fee in consideration ?
We are confused.
I can give you good information on the condo market in Winchester. I am an agent with Waterfield Sotheby's in Winchester. Please contact me at email@example.com. I would be happy to help you with this and other questions you may have about our market and our community here in Winchester.