MARKET IN A MINUTE
SPANISH TRAILS - Dunedin, FL 34698
Highest average sold price in 10 years
SPANISH TRAILS is a community in Dunedin FL of approximately 139, 3 to 5 bed room, single family pool homes situated on one acre estate lots. Within Spanish Trails are streets bearing equestrian related names suggesting a former history with names alike Horse Show Bend and Paddy Lane.. Winding through this community is Curlew Creek creating and enviable ambiance of rich foliage and flowing waters.
The SPANISH TRAILS "Market In A Minute" chart below reveals the average sold prices of homes sold inSpanish Trails over the past ten years. Additionally, related data such as the "Sold Price/Square Foot" (SP/SF) as well as the 'Average Days on Market" (ADOM) can be observed. No sales have been recorded to date in 2015 or for the year 2009.
Of special notice to a Spanish Trails home owner will be the trajectory of trend lines f)ADOM and d) Avr Sold Price. The correlation of the movement of these trends suggests 2015 will be a great year for the Spanish Trails home owner in regards to substantial value increases.
The data from which the chart is derived is shown below. Annual Sales have reached traditional volume. Increased sales volume and shorter days on market combine to drive average sold price higher. You will notice the 'Avr Sold Price' for 2014 is the highest recorded in the past ten years.
At this time Spanish Trails is not the recommended option for short term investors but will prove beneficial for occupant buyers or long term owners considering updating their homes. Although distressed sales and invisible inventory does exist, they do not exist in sufficient quantity to establish an investing or acquisition strategy.
From the data shown in the SPANISH TRAILS Market In A Minute one can determine the value of theaverage house in Spanish Trails. By applying the Sold Price /Square Foot ($124) to the size of your home, the average SPANISH TRAILS home of equivelent size can be extrapolated.
HOWEVER, Spanish Trails homes are all unique and such a method would be greatly misleading. Clearly a better way is needed to determine the value of your unique home.
A superior method must account for any investment, improvement, tangible asset and condition of the home. Such a method will remove the subjectivity of value determination and apply objective measures. For just such a purpose, the CIS Score evaluates ten attributes of a home, adjusts for the cosmetic, investment and systems present and delivers a value based on home owner and investor priorities.
Depicted below is an excerpt of a random CIS Score that objectively evaluates 10 aspects of a house and calculates a value appropriate for a occupant buyer or investor.
When it is time to buy a new home or sell your existing home, relevant information is essential to making an informed decision.
To learn more or to request a CIS Score for your Spanish Trails home click HERE
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, Florida
727.420.4041
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