In the gated section of El Dorado Hills - Serrano, a few homes have sold for under $ 1,000,000 and a few have sold for over $ 2,000,000, so it just depends. There are MANY factors involved.
If you have a REALTOR, they will be happy to help you research these questions. If you are searching for a REALTOR, I would be glad to help. I live and work in El Dorado Hills and know the area well.
All the Best!
The average list price at time of sale was $1,293,454 The average sale price at time of sale was $1,201,633.
That worked out to an average of 92% of list price ON AVERAGE.
An agent who is skillful, knowledgeable and puts your fiduciary interests above their own will be able to give you guidance as to the value of the property you desire and the best strategy to (maybe) win the bidding without paying more than the value. .. After all is said and done it is the buyer who determines the value. Either they sell it to you for what you think it is worth, or they wait until they get a better offer from some other buyer. If you really, really, really like that home, you may want to be willing to pay its full market value. (Me shouting: "List price is NOT the same as market value. " isn't now, never was. )
It is possible to make an offer such as you described.Your next question could be "Can I really get it for that offered price?"