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Remodeling A Home In Sunriver Oregon (Q & A - Part 2)

By
Real Estate Agent with Cascades Sotheby's International Realty

How can I make sure a home is in compliance with all SROA CC&R's before buying a property?

Make sure your agent requests that any offer is contingent on an SROA inspection of the property.  Additional info is available at the SROA website

 A special SROA Inspection Addendum should be included with any offer to buy Sunriver property.

 How is this market affecting Sunriver?

Like the rest of Central Oregon, Sunriver is being affected by the market slowdown. However when compared to the Bend, Redmond and the La Pine markets, Sunriver home prices are still going strong.

Despite the fact that sales volume and the number of sales transactions were down considerably in the first quarter of 2008, Sunriver still maintained year over year gains in median sales prices. According to 2007 MLS data Sunriver also had the highest Average Sales Price and the lowest Average Days on Market in Central Oregon for 2007.

Sunriver is predominantly a second home market so it is not affected in the same way as other markets.

 

Thesa Chambers
West + Main - Bend, OR
Principal Broker - Licensed in Oregon

Kelly - it amazes me how some sellers or buyers do not realize that there are specific things that should be done before the close of escrow on a Sunriver Property

May 23, 2008 09:04 AM