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AUBURN HOME REAL ESTATE MARKET VALUES

Weichert Realtors Porter Properties
November 15, 2011

What Auburn Home Buyers Could Expect to Pay

Auburn home MLS listings can range from $3 M plus to under $20,000. This is an incredible discrepancy that offers a wide range of buying advantages. Similar to most real estate markets, location is often the driving factor that dictates the value of a property.

Auburn Homes for Sale

A snapshot of three MLS listings currently on the market in Auburn Alabama.

Picture of 2895 Hamilton RoadAuburn Home #1

2895 Hamilton Road

List Price: $960,000

Total Bedroom Count – 6

Total Bathroom Count – 6

Square footage – 8,803 sq. ft.

Property Description

This magnificent custom built home in 1997 has numerous upgraded amenities and unique features including brick siding, gourmet kitchen with Jennair appliances, basketball court, swimming pool, security and vacuum systems to name a few.

Auburn Home #2

1097 Walden Lane

List Price: $349,500

Total Bedroom Count – 4

Total Bathroom Count – 4

Square footage – 3,299 sq. ft.

Property Description

Built in 2010 a beautiful European and American architectural styled Auburn home with a spacious kitchen that has granite counter tops, stainless appliances and all wood cherry finished cabinets. Additional special features include hardwood floors throughout the great room, dining room, hallways and foyer and a beautiful fireplace set up for gas logs.

Auburn Home #3

1094 Princeton Place

List Price: $128,900

Total Bedroom Count – 3

Total Bathroom Count – 2

Square footage – 1,554 sq. ft.

Property Description

An updated condo built in 1997 and is located near the center of town.

What determines Auburn home prices?

When a property is listed on the Multiple Listing Service a property comparison report or similar is produced by the real estate agent. Homeowners can use this report to determine listing price options along with other relevant advice from their real estate agent.

A property comparison report contains recently sold homes that are comparable to the subject property. Adjustments are made to the subject property for features such as square footage, over all condition, bedroom count plus more.

Making Your Offer

How much will you pay for you next Auburn home? Because the listing price is set, this may or may not be what you can expect to pay. Prior to making an offer gathering data by researching comparable homes and understanding the existing real estate market are an essential part of the home buying process. Good negotiation skills may also contribute to the ultimate accepted purchase price.

Contact Weichert Realtors – Porter Properties a local Auburn real estate company for a free comparative market analysis or to schedule a property showing. Auburn home real estate search can be found online 24/7 at PorterProperties.com.