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

Asked by Lisa, 43221 Tue Mar 25, 2008

What would be a good price?

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7
Dirk Fischer, Agent, Naples, FL
Sun Jul 27, 2014
Location is the key. 34110 covers a wide area. to be able to give you the right information it would be mandatory to know the property address.
Only this way I could provide you with a CMA and to give you the right recommendation.
Everything else would be a wild guess ;)

Please email me at RealEstateDirk@gmail.com
0 votes
David H Schu…, Agent, Naples, FL
Sat Jul 28, 2012
Similar homes could have totally different community amenities and corresponding fees. Some communities have special assesments or deferred maintenance that will affect property value... but look great in pictures. Therefore, if you are considering a particular Naples community, your buyers agent will ask you quesitons to determine the type of home you need and try to inform you about the costs, fees and restrictions. If you wish to look at the Naples Real Estate market you can use our website http://www.agent4naples.com to search. When you need specific details like comparable sold homes, community costs and fees or details about the HOA or community your agent will provide that for you.
Web Reference:  http://www.agent4naples.com
0 votes
John R Fee, Agent, Naples, FL
Wed Mar 24, 2010
Hi Lisa,
I agree with the comments below that it is impossible to suggest a good price without knowing the details on the property you are considering. One positive note about this older condominium is that it is more than likely in a stable community. Condominiums built since 2004 are getting resistance from lenders, so it may be easier to finance for you or a potential buyer after you renovate it.

Let me know if you would like me to provide a Comparative Market Analysis for the condo to help you determine a price. There is no cost to you. I could also go with you to preview if it is listed on MLS. Good Luck!


John R. Fee
Keller Williams Elite Realty
24851 S. Tamiami Tr. Suite 1
Bonita Springs, FL 34134
Office: 239.949.8338
Fax : 239.949.8339
Direct: 239.776.0539
http://www.CaptureNaples.com
Web Reference:  http://www.CaptureNaples.com
0 votes
Debra Wine, , Naples, FL
Wed Mar 26, 2008
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
0 votes
Brian and Di…, Agent, Naples, FL
Wed Mar 26, 2008
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.
Web Reference:  http://www.CaronHomeTeam.com
0 votes
Bill Eckler, Agent, Venice, FL
Wed Mar 26, 2008
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
0 votes
Shannon Moore…, Agent, Port Charlotte, FL
Wed Mar 26, 2008
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
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