Inverness Lakes and Inverness Commons Subdivisions are located in Southwest Fort Wayne near Hadley and Illinois Rd. They are in the Southwest Allen County School District. Most of the homes are less than 15 years old, on large lots, and range in price from $200,000 to upwards of $750,000. Here is a quick snapshot of homes sold in Inverness Lakes and Inverness Commons.
Homes Sold: 5
Average Days on Market: 64
Average List Price: $476,740
Average Sales price: $435,510 (91% of list price)
Median Sales Price: $365,000
Lowest Sales Price: $280,000 (2 BR, 3.5 Bath, 3,156 sq ft villa on a partially finished basement)
Highest Sales Price: $780,000 (5 BR, 6.5 Baths, 4,948 sq ft home with a full finished walkout basement on 1.5 acres)
Homes Sold: 5
Average Days on Market: 178
Average List Price: $395,940
Average Sales Price: $371,100 (94% of list price)
Median Sales Price: $370,000
Lowest Sales Price: $250,000 (4 BR, 3.5 Bath, 2,503 sq ft home on a full finished basement)
Highest Sales Price: $510,000 (5 BR, 4.5 Baths, 3,317 sq ft two story home on a full finished daylight basement)
Homes Sold: 8
Average Days on Market: 69
Average List Price: $348,675
Average Sales Price: $334,112 (96% of list price)
Median Sales Price: $294,000
Lowest Sales Price: $232,500 (4 BR 2.3 Baths, 2,798 sq ft home on a partially daylight finished basement)
Highest Sales Price: $490,000 (5 BR 4.5 Baths, 3,699 sq ft home on a full finished daylight basement)
So what do these numbers tell us about Inverness Lakes and Inverness Commons Subdivisions over the last 3 years? While there aren't a lot of homes that sell in these subdivisions, those that do sell for pretty close to list price. Days on market in 2010 and 2012 were good at around 60 or so, but average days on market in 2011 were extremely high. Overall the market in these subdivisions is good and they mirror the averages in the Fort Wayne real estate market as a whole.
Why live in Inverness Lakes or Inverness Commons Subdivisions?
School Systems. Your children will attend award winning Southwest Allen County School District.
Convenience. In Inverness Commons you have the convenience of the association taking care of your lawn all year round and snow removal as well. The association fees there are $650 quarterly.
Location! Who doesn't want to live in Southwest Fort Wayne? These subdivisions are just minutes from shopping at Jefferson Pointe and the Coventry area. It's also just 10-15 minutes from downtown and very close to interstate 69 access.
Luxury Living. As you can see, homes in Inverness Lakes and Inverness Commons Subdivisions are luxury living at it's best. Many of these home have pools, most of them have large lots, and almost all of them feature the luxury items that you would expect in this price range.
If you are considering buying a home in Inverness Lakes or Inverness Commons Subdivisions, please consider giving our team a call at 260.704.0843 or visit our website here: ChristiansenTeam. We know the subdivisions well and our office has sold 12 of the 18 homes sold there in the past 3 years, including the 2 pictured above.
We hope to hear from you soon!