It's day seven! This past week, I've shown you what $100,000, $200,000, $300,000, $400,000, $500,000, and $600,000 will buy in Edmond, Oklahoma. Today, I've chosen a gorgeous home built by KC Homes in Edmond's exclusive Preserve @ Pine Creek, located at Sorghum Mill & Sooner Road.

Here's what you get in Edmond, OK for around $700,000:

This 4 bed, 4.5 bath 2-story brick home was built in 2004 and is located on a 1.5 acre lot. It has 4 living & 2 dining areas in 4277 square feet MOL, a 3-car attached garage and a concrete swimming pool, hot tub & outdoor fireplace. It also offers wrought-iron fencing, heavy composition shingle roof, zoned gas heat and zoned electric cooling and an in-ground sprinkler system. The description on the OKC MLS reads as follows:

Breathtakingly beautiful home in wooded setting with pool, hot tub, & waterfall, & outdoor fireplace. All of the detail you would expect including a theater room, granite counter-tops through-out, stainless steel appliances, beautiful in every way. 2 beds including master down/2 beds up.

This home closed in July, 2006 for $692,500 or $161.91 per square foot. From 6/1/06 through 2/27/07, there were 6 homes in the Edmond area that closed in the range of $690,000 to $710,000. They range in year built from 1969 to 2006. The average size is 4,673 square feet and the average sold price per square foot is $150.19. The average Days on Market is 93, and these homes sold an average of 97.28% of their list price. In my opinion, these are all positive indicators of our current market in Edmond.

**Based on information provided to and compiled by MLSGateway.com, Inc. covering a period (09/01/06) through (02/25/07). MLSGateway.com, Inc. does not guarantee or is in any way responsible for its accuracy

Now it's your turn. Please share with us what $700,000 will buy in your market. I'll be back tomorrow to show you what you can get in Edmond for $800,000. See you all then!

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