Well, we've passed the ½ million dollar mark. This past week, I've shown you what $100,000, $200,000, $300,000, $400,000, and $500,000 will buy in Edmond, Oklahoma and today, I've chosen a stunning abode in Edmond's premier River Oaks addition, located at the beautiful River Oaks Golf Club.
Here's what you get in Edmond, OK for around $600,000:
This 4 bed, 3.5 bath 2-story brick home was built in 2000 and is located on an interior golf course lot. It has 4 living & 2 dining areas in 5348 square feet MOL, a 3-car attached garage and a concrete swimming pool. It also offers wrought-iron fencing, heavy composition shingle roof, zoned gas heat and zoned electric cooling and a storm shelter. The description on the OKC MLS reads as follows:
FABULOUS FAMILY HOME- GREAT PATIO & SWIMMING POOL, BASKET BALL COURT, GOLF COURSE ADDITION, STORM SHELTER, 4 TOTAL LIVINGS - GAME/THEATRE/FORMAL/FAMILY, DOUBLE OVENS IN KITCHEN WITH GAS RANGE, MASTER DOWN. SURROUND SOUND THROUGHOUT, BUILT IN 2000 - QUALITY AND LOOKS OF A HOME BUILT IN 2006.
This home closed in October, 2006 for $595,000 or $111.26 per square foot. From 9/1/06 through 2/25/07, there were 10 homes in the Edmond area that closed in the range of $590,000 to $610,000. They range in year built from 1996 to 2007. The average size is 4325 square feet and the average sold price per square foot is $140.69. The average Days on Market is 187, and these homes sold an average of 99.74% 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 $600,000 will buy in your market. I'll be back tomorrow to show you what you can get in Edmond for $700,000. See you all then!