Cape Coral Real Estate - over-priced?

Real Estate Agent with Gulf Coast Realty Network, Inc.

I was setting up an itinerary for homes this evening.  Buyers are a nice young couple from the East Coast, anxious to make a go of it in Cape coral.  They have a definite price point in mind, so we are searching for the best value we can find at that price.  Not unusual for persons moving into the area, but different from bottom-feeding methods when you just want the rock-bottom price for a given square footage.  Buyers also stated that they do not want to play the short sale game.

What I found in my search is that prices ranged from $69 per sq ft up to $149 per sq ft.  We picked out 9 (non-short sale) candidates and will whittle the list down tomorrow before we do showings.  We left in a couple more than we need in case of difficulty reaching the listing Realtors.  Yes, that's is still hard to contact many listing agents for a listing appointment, even on vacant houses, where they are using the old style mechanical combo boxes. 
Back to the story, I was amazed that 2 of the lowest priced homes were in the best neighborhoods, with city water and sewer.  Two of the highest priced were way out in the edges of the city, on well and septic.

Amazing how many sellers just don't get it.....YET!

Also amazing how many sellers DO get it.

We've got lots of both types.

Be prepared to be amazed!



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Linda Lipscomb
Linda Lipscomb RE/MAX Lexington Henderson County TN - Lexington, TN
731-695-1118, Lexington TN Homes

Good luck finding your buyer the perfect home.

I am sure you will be amazed as you view these homes.


Apr 16, 2008 03:11 PM #1
Ryan Vivo
Gateway Realty - Fairfield, CA
NRBA Realtor Solano County, Gateway Realty 707-384-5894
It is not only the seller's fault, but the realtors who take on the overpriced listings that tell the sellers that they could actually get a buyer at that price.  
Apr 16, 2008 03:17 PM #2
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