The sound of water trickling down a stream or crashing down on a beach can be so soothing. Looking out over still waters can transform your mind and put you in a place far away where there is no care in the world. Water can change our mood, mindset and our feelings if we allow it. This is just another reason why people pay more for the home on the water. They get to gaze off into the distance over the water from the comfort of their living room couch or from their outdoor swimming pool or fire pit instead of at the bright green house that the neighbor just painted. Water can elevate our minds as well as the price of homes and there may be a correlation there. Homes on the water are in a class of their own.
Looking at the data of the 14 homes located on the water at Woodward Lake that have either been sold in the past 6 months or are listed as active or pending in MLS give us insight to how desirable these homes are to potential owners. I'll break down the data here for those who have homes here that want to sell or for those looking to buy. I'll start with the high end first, there is one home listed for $300 a square foot on Mariners Circle that is 6,000 sq. ft. This home has been on the market for 76 days which is much longer than the average home but this homes is far from average considering its size and location.
At the other end of the spectrum is a home just under 2,000 sq. ft on Pintail Circle that is going for $250 per sq. ft. at just under half a million dollars. The cheapest home on the water that is still actively for sale is going for $219 per sq. ft. on Coronado Circle. There is one 5,000+ sq. ft. home that is pending at $191 per sq. ft. but all of the other homes that have recently sold or are in escrow or still active are all between $197-$300 per sq. ft.
The five active listings average $253 per sq. ft. The three pending listings average $217 per sq. ft. The six homes that have sold in the past six months that are on the water have an average price per sq. ft. of $235. The lowest home sold according to pricer per square foot was $197 and that home was over 4,000 sq. ft. The highest sale in the past six months went for $268 per sq. ft. and it was 2,404 sq. ft.
If you have a home to sell on the water at Woodward Lake don't hesitate to give me a call at 559-246-8991. To see the homes that are actively for sale in real time in and around the Woodward Lake area click here.
Homes For Sale On The Water At Woodward Lake Fresno CA. 93730