See this house? Becky Frey sold 6171 Northaven Road in about three minutes. OK, she listed it 1/15/2013 and it’s pending. So yeah, homes are selling and the atmosphere is a bit frenzied for a January. Mostly January is a thaw in the real estate calendar. But then Kyle Rovinsky wrote me on Facebook with this great input and food for thought:
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Kyle Rovinsky Just ran a specific study. Extremely updated 3 bedroom houses in 75230. In 2006, avg of top 5 sales came to $232 per sqft. In 2012, the avg came to $211 per sqft. While up 19% from 2011, it is still down 9% from high water mark.
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Candace Evans What do you mean by extremely updated?
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Kyle Rovinsky Some major renovations – moving walls, making more space. Also complete kitchen and all baths. As to not confuse with values of teardown/remodel opportunity.
