As you are aware,
â€¢ This property sold on 07/16/2010 for $1,135,000.
â€¢ There have not been a lot of sales in this area for homes of this caliber since then, which makes comparative pricing difficult.
â€¢ It appears the market has been trending slightly downward for newer luxury homes on this side of San Ramon, however, itâ€™s difficult to say because, again, there have not been many sales in this category.
â€¢ It is true that this area of San Ramon is not as â€˜hotâ€™ as Bridges or Windmere.
â€¢ Iâ€™m guessing you want to place an effective value on a similar home to make sure you are getting a â€˜good dealâ€™ â€“ perhaps on 13 Pine Valley Place.
â€¢ Just because a short sale seller will allow an offer to be accepted at a â€˜bargainâ€™ price does not mean the bank will approve the sale at that amount. What appears to be a good deal up front may, in fact, end up selling for the same price as other comparable homes near by.
We cannot provide specific property evaluations in this forum for a number for reasons.
â€¢ We are not supposed to â€˜second guessâ€™ other Realtors and decisions they helped their clients make with regards to specific properties.
â€¢ We have to be careful of our agency relationships â€“ therefore we can provide certain types of information but not specific pricing, etc.
â€¢ We donâ€™t know all the variables and havenâ€™t been in all the homes in the area â€“ especially the one you are asking about.
â€¢ In addition, there is no saying whether or not improvements or upgrades have been made to this home since it sold over a year ago.
Bottom line: this is the type of question you need to be asking your Realtor. Based on a previous question of yours, it appears you are already in escrow â€“ we cannot help you second guess your decision on that property. Iâ€™m trusting that you are working with a top-notch agent who can provide you with all the local data you need â€“ and since you are already in an agency relationship with them, can also give you specific recommendations as to price and terms as well.