Home Buying in Irving>Question Details

Sooosh, Home Buyer in Dallas, TX

Positano Villas in Irving / Las Colinas

Asked by Sooosh, Dallas, TX Sun Jun 29, 2008

I am interested in a brand new villa at Positano. Their asking price of ~$429k is much higher than the $373k county tax appraisal for previously sold models (same floorplan). Is their asking price too high?

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Hi Soosh,

It's going to depend on additional upgrades and lot premium they may have added to that particular home. In areas like Positano and La Villita, a BPO (broker's price opinion), or CMA would be the best way to determine market value. The tax records there tend to be out of whack. I was just blogging on Irving and Positano the other day. Check it out.

Let me know if I can be of further assistance.

Thanks,
Terri Hayley
0 votes Thank Flag Link Sun Jun 29, 2008
I would like to suggest you this website with many beautiful accomodations in the area

http://www.divino-italy.com/accomodations_amalfi_coast/list/…

Me and my wife rent villa furore a woderul Villa for a week for next june 2010

Best regards

Mariano
0 votes Thank Flag Link Wed Dec 2, 2009
I work in Irving dealing in new homes in the Las Colinas area. I can negotiate and get you a very good deal on these homes, and my services are free. Moreoever, we can give 2% of the sales price back to you as a rebate, which you can apply towards closing. Call me if you are interested at 469-230-9769, Sunny.
0 votes Thank Flag Link Sun Jul 6, 2008
Everything in that area is overpriced. I have a friend who bought a new home there and then got a new job out of town and had to relocate. Almost six months later, the house still hasn't sold.
0 votes Thank Flag Link Wed Jul 2, 2008
Ask them home many new upgrades are in these new homes. Sometimes builders change and add more. Plus, ask when the other homes sold. If is has been a while then of course prices will go up.
You agent can get you all these answers
Let me know if you need any help.
Jeff
0 votes Thank Flag Link Mon Jun 30, 2008
Tax values are just that....values established by the Appraisal District for taxing purposes. The lower the better for the owner. Lower values mean lower taxes. I rarely if ever consult the tax appraisal value when determining the value of a home. If I do it is a very minor piece of information to use in the mix of other data. Sometimes they are right on, but often they are way over the actual value or perhaps way under the actual value....just not a good source of market price. There are perhaps some better values around if you are thinking of spending in the 400s.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Mon Jun 30, 2008
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
It will depend on many factors w/o all the details difficult to state. We offer a Dallas home buyer rebate program earn up to 50% of our commissions, visit our website http://www.lynn911.com additional details. Contact my office 972-699-9111. That is a GREAT area, some wonderful homes.
0 votes Thank Flag Link Sun Jun 29, 2008
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