$50,000 to $60,000 Premium?
Our analysis shows that there may be a $50,000 to $60,000 premium for a 2,000 sq-ft home in the Ponderosa Pines!
Compared to a home that is not in a “piney” area.
Compared to a home that is not in a “piney” area.
Reasons the ZTR blanket estimates do not work well
Many lots were sold to individual Builders
No “cookie-cutter” or “ticky-tack” homes here
Forest settings vary widely across town
Prescott is hilly and some of the lots are steep
Some have big views, others do not
Ages of the homes vary widely — Many around 35 years old
Many homes have been remodeled or updated
Questions you should ask
How steep is the lot? – very few nearly level lots
How many stair steps to get to the main living level?
How many levels in the home?
How steep is the driveway and how long is it?
Does the driveway face north or south?
Do you want to live in the pines?