Home Buying in 92270>Question Details

Pat, Home Buyer in Edmonton, Canada

Is $245000 for a 3BR/1.75BA condo in Rancho MIrage(92270 Mountain View Villas) a reasonable price?

Asked by Pat, Edmonton, Canada Sun Nov 11, 2007

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6
Hi Pat,

That depends on how the units are inside.
Updated or not.
Please feel free to access the MLS using the link on my website where you can find out the active, pending and solds for that community as well as others.
Leonardo
Web Reference: http://www.leonardoteam.com
0 votes Thank Flag Link Sun Jan 18, 2009
I found 4 listings in Mountain View Villas in Rancho Mirage. See the link below.
0 votes Thank Flag Link Fri Sep 19, 2008
Almost a trick question. I live right near there and know the area. Be careful, some of the homes there are on lease land and some are on fee land. You might be comparing a comp ( a sold price) for a property on lease land with a property on fee land, where you own the land, which is like comparing apples and oranges. If this is on fee land, it is a pretty good price. If it was on lease land, not as good.
0 votes Thank Flag Link Wed Apr 16, 2008
dirt cheap! What are you waiting for?
0 votes Thank Flag Link Sun Apr 13, 2008
Hi Pat,
That's seem more on the high end but it depends on what kind of amenities and upgrades the unit has to justify the price. There are currently 8 active properties for sale at Mountain View Villas, ranging from $215,000 to $259,900. Based on the recent solds (last 6 months) the price per sqft there is $196.12. Let me know if you have other questions or if I can assist with anything else. Please feel free to search the entire Multiple Listing Service through my website below. Have a great evening, Leonardo
Web Reference: http://www.leonardoteam.com
0 votes Thank Flag Link Wed Feb 20, 2008
I own investment property in the Desert and it all depends in what area the condo is located. Is it in a country club community? Is it on fee or leased land? What are the HOA dues? Rancho Mirage is a great community...there is a lot of inventory on the market....making it a great time to by.

I see ouare from Canada.....are you considering buying for use "in season" only?
Web Reference: http://www.cindihagley.com
0 votes Thank Flag Link Sun Nov 11, 2007
Cindi Hagley, Real Estate Pro in Pleasanton, CA
MVP'08
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