This house has a 400 sq ft addition (studio). What would it list for?

Asked by Amy, Fullerton, CA Tue Feb 3, 2009

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Dave Osborne, Agent, Orange, CA
Tue Feb 3, 2009
I just prepared a price / market analysis for a similar home a block away form you. If you would like me to email you a copy, let me know.

You can also see what homes in the neighborhood are going for at

Web Reference:
1 vote
Patricia Hart, , Fullerton, CA
Tue Feb 3, 2009
Hi Amy - I will need a bit more information to determine a list price. Is the addition permitted or not? What is the total square footage of the property with the addition. Is the studio attached to the home or separate? In that particular area- home sales are anywhere from $350,000 to $450,000 at this point in time. Alot depends on the interior conditions of the property - upgrades - these homes are old enough that most have had alot done to update them.

I hope that helps - at this point the best I can offer is a range

Pat Hart
Prudential California Realty
1 vote
Jeremy Lehman, Agent, Garden Grove, CA
Tue Feb 3, 2009
Patricia brings up some great questions. It really depends on those answers.

Assuming your home is average, based on current properties in escrow, I would expect your home to sell for about $365,000-$380,000. With the studio addition, assuming it is permitted, you might be able to get somewhere around $415,000-$440,000.

Of course this is just my opinion, and other factors that I may be unaware of do matter. The other thing that is going to affect the value of your home very soon is the new foreclosures that are due to hit the market. I can give you that stats and a map of them if you like. I would be happy to speak to you about the different factors that can help your home sell faster and for more money, even in this brutal market. Check out my trulia profile and my most recent testimonial from my last sale on my profile.

Jeremy Lehman
Century 21
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