Part VI - What You Get For The Money - AR style - $600,000

By
Real Estate Agent with ShowMeOKC Real Estate Pros of KW Elite 148333

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!

www.YourOpenHouse.us

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Comments (4)

Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer
This is a cool idea and even though I haven't commented, I have been reading these - keep going up upupup!
Feb 26, 2007 05:17 AM
Ryan Hukill - Edmond
ShowMeOKC Real Estate Pros of KW Elite - Edmond, OK
Realtor, Team Lead
I'm definitely planning on going up as far as I can. Thing is, in my market, $1mil is an unbelievable home and I won't find much over $1.5mil. At that point, I'll have to hand the baton to someone in a more pricey market... hmmm, maybe Vegas?
Feb 26, 2007 10:28 AM
Maggie Dokic | Miami, FL | 888.883.8509 X101
eXp Realty LLC - Miami, FL
GREEN, CDPE, SFR, Pinecrest | Palmetto Bay |
Ryan, your comment on my blog had me looking here earlier.  I returned to look some more.  I really enjoyed all six price ranges.  You've got some beautiful homes there. Your $600's are amazing.  Our $600's are OK.  OK does not equal amazing.  Keep up the good work.  You've got a great blog in the making here.
Feb 26, 2007 12:14 PM
Ryan Hukill - Edmond
ShowMeOKC Real Estate Pros of KW Elite - Edmond, OK
Realtor, Team Lead
Thanks Maggie, I'm glad you're enjoying it!
Feb 27, 2007 08:15 AM