Looking at a 2/2 condo @1000 sq. ft. built in 1973. Needs @20-30K worth of work. It's in 34110 zip code.

Lisa
Home Buyer
43221

What would be a good price?

Answers (5)
Debra Wine
Broker
Naples, FL

Dear Lisa,

Without knowing the community you're considering, it's impossible to help. Some associations have had recent increases in their assessments and so a low price may reflect a seller's response to increased costs. With the unit having been "born" in 1973 reflects building codes of that time frame. Depending on many construction elements, insurance costs may be comparatively higher in an "older" building!

Contact me should you wish it and if you're not working with one of my peers! I never infertere in those relationships!

Debbie Wine, REALTOR

Wed Mar 26 2008, 13:02
Graham Ginsberg
Agent
Naples, FL

Hello Lisa

The best way to look at value is to look at recent area sales.

Take a look at the most recent sales in SW Florida on my website at http://www.napleshomepage.com/recent_sales_menu.htm

Just select from the dropdown menu your community and the most recent home sales and type of home (Condo, single family or duplex) will appear. Magic!

I would always suggest working with a local realtor, like myself, as there may be additional costs, like special assessments for an association, that may change your mind.

Please let me know if I can help.

Good luck,

Graham Ginsberg
Toll Free 888-222-2575 ~ Cell (239)404-4221 ~ Fax (239)455-6595
See my website: http://www.NaplesHomePage.Com
REALTOR WITH SUN REALTY ~ OFFICE (239)649-1990

Wed Mar 26 2008, 07:27
Brian And Diana...
Agent
Bonita Springs, FL

Hi Lisa
It is hard to set a value on something you haven't seen. The area your talking about is between Bonita Springs and Naples Park. There are a lot of good deals there but they could range from 185,000 to 700,000 does it have water access? Is it a double lot? Is it west of Rte 41 or just East of it? Is it a high rise or a 1-3 garden style condo? As you can see there are a lot of variables. The best way to find out if it is a good deal hire an agent who is familiar with the area and look for their guidance.

Wed Mar 26 2008, 04:59
Bill Eckler-Flo...
Agent
Venice, FL

Hi Lisa,

This sounds like a real project....As you are aware, in the current market, there are many newer condos, requiring no upgrades that are being sold for great prices.

Without having a better feel for the location, community, view, proximity to beaches & shopping it's difficult to comment on a fair price. A general blind folded guess would be under $200,000. And it could be a lot less.

Good luck,
The "Eckler Team"
Century 21 Almar & Associates
Venice, Fl 34285
941-408-5363

Wed Mar 26 2008, 04:31
Roxanne & Shann...
Agent
33953
FIRST ANSWER

Hi Lisa,

It's hard to answer your question about the condo you found in Naples without more information. There are many unanswered questions. Please email or call and I can give you more assistance.

Shannon Moore, Realtor®, 941-276-8142
Roxanne Moore, Realtor®, 941-626-3926
Re/Max Anchor Realty http://www.TropicalFloridaProperty.com http://www.TwoMoores.com

Wed Mar 26 2008, 02:00

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