any advice on 21 pine valley, san ramon ? how much should it be worth?

Asked by Sam, Fremont, CA Tue Aug 9, 2011

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The Medford…, Agent, Fremont, CA
Wed Aug 10, 2011

As you are aware,

• This property sold on 07/16/2010 for $1,135,000.
• There have not been a lot of sales in this area for homes of this caliber since then, which makes comparative pricing difficult.
• It appears the market has been trending slightly downward for newer luxury homes on this side of San Ramon, however, it’s difficult to say because, again, there have not been many sales in this category.
• It is true that this area of San Ramon is not as ‘hot’ as Bridges or Windmere.
• I’m guessing you want to place an effective value on a similar home to make sure you are getting a ‘good deal’ – perhaps on 13 Pine Valley Place.
• Just because a short sale seller will allow an offer to be accepted at a ‘bargain’ 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.

• We are not supposed to ‘second guess’ other Realtors and decisions they helped their clients make with regards to specific properties.
• We have to be careful of our agency relationships – therefore we can provide certain types of information but not specific pricing, etc.
• We don’t know all the variables and haven’t been in all the homes in the area – especially the one you are asking about.
• 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 – we cannot help you second guess your decision on that property. I’m trusting that you are working with a top-notch agent who can provide you with all the local data you need – and since you are already in an agency relationship with them, can also give you specific recommendations as to price and terms as well.
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