512 Larkbunting Dr. , Fort Collins, CO 80526 was just evaluated in the Larkborough neighborhood in Fort Collins. Was this a good deal? Our 8z Neighborhood Expert, Brandon Bidwell, knows and dishes the scoop on this recently sold home.
Listed at: $285,000
Sold for: $285,000
The property at 512 Larkbunting Dr. was:
Originally listed on May 12 for $295,000.
After 60 days on the market without a contract the owners decided to reduce the price to $285,000.
Another 88 days went by after the price adjustment and on October 7th this house went under contract.
On November 19th this home closed at $285,000 with the seller paying $4,000 towards the buyers closing cost.
It took a while to find the new owner of this home (192 days to be exact).
The average days on market for homes in the Troutman Park area so far this year is 46.
The reasons that it took so much longer for 512 Larkbunting to sell are:
1. With all the additions to this house and the lack of a garage it took a very particular buyer to find use for all 3,500 square feet.
2. There was a lot of remodeling that most buyers would want to have done to update this place and the size of this house made that a very significant project.
3. With Larkborough’s average sales price of $236,392 in 2014 this property was significantly over priced when it was listed at $295,000.
Need a market expert’s assistance? To see homes in the area contact 8z Realtor, Brandon Bidwell, at (970) 215-1573 or email@example.com.
Have you viewed the home above? Do you agree with Brandon Bidwell? Let us know! Please feel free to submit your comments below.