West Lafayette Capilano By The Lake 4 bedroom homes for sale near Purdue Research Park, Klondike Schools that sold and closed in 2014.

By
Real Estate Sales Representative with Keller Williams Realty Lafayette, IN
https://activerain.com/droplet/4xtt

 

 

West Lafayette Capilano By The Lake 4 bedroom homes for sale 47906 near Purdue Research Park, Klondike Schools that sold and closed in 2014.

 

Market Report:  Capilano By The Lake 4 Bedroom Home for sale that closed in 2014

                                                                                                                                                                                                                                                                      

West Lafayette Capilano By The Lake 4 bedroom homes for sale near Purdue Research Park, Klondike Schools that closed in 2014 Market Report

 

2014 West Lafayette Capilano By The Lake 4 Bedroom Homes Sold

 

Number of sales:   4  ( 3 the previous year)

Average Sales Price:   $435,750  ( up 13% a year ago)

Median Sales Price:   $434,000  (up 5% a year ago)

Average Days on Market:    76  (58% decrease from a year ago)

Median Days on Market  60  ( 30% decrease from a year ago)

Average sale to list price:   96%  ( up 1.5% from a year ago)

Median sale to list price:  96%  ( down from 97% a year ago)

Average above ground finished square feet:  3,337  (up 4% from a year ago)

Average total finished square feet:  4,220   (up 9% from a year ago)

Average finished basement square feet:  883   ( up 30% from last year)

Average price per total finished square feet:  $103  ( up from $99 in 2013)

 

We know this West Lafayette Capilano By The Lake market very well as we had half of the 4 bedroom homes for sale listings that sold in 2014 in this subdivision:  just minutes to Purdue University, the Purdue Research Park, and Klondike Elementary and Middle Schools.  We also call this home as we love the large lots that average over an acre and the mature trees and the neighbors are friendly.

Comparing the increased sales price is a little misleading to the previous year in 2013 as one of the sales was a very dated home that was vastly overpriced and sat on the market 444 days as it needed a lot of work.  This home sale hurt the 2013 average sale price and was misleading in price per square feet as a good portion of the basement was actually finished but not counted in the MLS.

You get a lot of house here in Capilano By The Lake at $103 per total finished square feet compared to the newer construction in Arbor Chase and Winding Creek in the Harrison school district.  Call us for more information,  Bruce and Sharon Walter (765) 418-1886,  to see other West Lafayette subdivisions near the Purdue Research Park and Purdue University in Harrison High School.  We Can Help!!!

 

Search West Lafayette Real Estate Market Homes for Sale

 

Posted by

***********************************************************************************

Sharon and Bruce Walter selling real estate in Lafayette, West Lafayette, Tippecanoe County Indiana @ Keller Williams Realty Lafayette IN                      

                              Sharon & Bruce Walter 

                      Indiana Licensed Real Estate Brokers

How can we help you with your real estate needs in Lafayette, West Lafayette, Tippecanoe County and the surrounding area in Indiana?

Whether you are thinking of selling or buying a home, looking to buy a foreclosure or rental property we are here to help you.

 

 

                      

                 PERFORMANCE OUTSELLS PROMISES!

 WE have a phone!    Please call us at:     765-418-1886

WE have email!         Please email us at:  bwalterkw@yahoo.com

WE can FAX!            765-588-4872

 

                       Keller Williams Realty

              3928 McCarty Ln, Ste A

              Lafayette, IN 47905

Licensed in the state of Indiana.  Each Keller Williams Realty independently owned and operated.

 

 

 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Indiana Tippecanoe County West Lafayette Capilano By The Lake
Groups:
Keller Williams 'Rainers
Keller Williams Active Rain Bloggers
Market Reports
HyperLocal Neighborhood and Community Posts
2014 Market Reports
Tags:
basement
west lafayette
purdue university
4 bedroom homes for sale
47906
capilano by the lake
purdue research park
klondike

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
3,052,658
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

I enjoyed reading your post!  Thanks for sharing it and I hope you have a great day!

Jan 27, 2015 11:46 PM #1
Rainmaker
667,216
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Kristin, thanks for your visit and comment.  Glad you enjoyed our Capilano By The Lake 4 bedroom homes for sale that closed in 2014 Market Report.

Jan 27, 2015 11:56 PM #2
Rainmaker
1,520,996
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Sharon & Bruce Walter Very nice blog post focusing on a popular price point for homes in your area. Looks good!

Jan 27, 2015 11:59 PM #3
Rainmaker
667,216
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Sandy and Norm, I appreciate your feedback! 

Capilano By The Lake offers 4 bedroom homes for sale minutes to Purdue in the $400,000 to $500,000 price range in rural West Lafayette in Klondike/Harrison Schools.

Jan 28, 2015 12:10 AM #4
Rainmaker
2,763,009
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Bruce and Sharon, it is clear you know the West Lafayette Capilano by the Lake subdivision well. I like your analysis and comparison to sales the previous year. It demonstrates how one anomaly can skew the data. It proves that data may not be what it appears on the surface. That is why people need to hire agents who know their local market! The choice in who to hire in West Lafayette is clear ... that choice is Sharon & Bruce Walter!

Jan 28, 2015 01:58 AM #5
Rainmaker
667,216
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Kathleen, thank you very much for your kind words and it is important to call and find out from the real estate agents who truly know the area and subdivisions.  The data on Godzillow and Falselia is misleading enough but MLS data when comared to the previous year needs examined and analyzed by a professional so the clients receive the full benefit of the data!

Jan 28, 2015 02:51 AM #6
Rainmaker
2,050,755
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Hi Guys, I would guess by the low number of sales West Lafayette Capilano by the Lake people move theer and stay put. Nice looking home in your picture.

Feb 01, 2015 04:33 AM #7
Rainmaker
667,216
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Bob, there are about 80 homes in Capilano By The Lake so this is just about the right amount of inventory to be sold for the size of the subdivision.

Feb 08, 2015 10:58 AM #8
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
667,216

Sharon & Bruce Walter

West Lafayette homes for sale
Ask me a question
*
*
*
*
Spam prevention

Additional Information