Saturday, July 11, 2009

FHA Online Appraiser Reports On "Taylor Pointe" Subdivision Located In Western Mobile County, Alabama

Certified Online FHA Appraiser, Albert M. Cheney, reporting on Taylor Pointe Subdivision located within western Mobile County, outside the city limits, along Jeff Hamilton Road, near Cottage Hill Road.

Taylor Pointe Subdivision has 47 lots per record with a few common areas.

The builder/developer is J. Craig Homes and if wanting more information, go to http://www.jcraighomes.com/homes.html and ask your questions.

The majority of the homes will range from 2,200 square feet (subdivision minimum) to 3,000 square feet with primarily four bedrooms and three to four bathrooms. There are only a couple of homes having three bedrooms and one home having five bedrooms according to the online records.

Within the past year, the Average List Price is around $325,231 and the Average Sale Price is $486,967 at this time. Average Price Per Square Foot is $117.95.

The Average Number of Days On Market (DOM) is 322 days at this time; although, the current varying economic and lending conditions could affect the length of days on market (DOM).

The Listing Price To Sales Price Ratio is unknown at this time. The appraiser could not find any closed sales due to a very new residential development.

The REALTOR online records indicates the Lowest Price Listing is $249,900 and the Highest Price Listing is $397,900.

The above information was obtained from the Mobile Area Association of REALTORS, Al Cheney, FHA Online Appraiser, (251) 533-2424, is a member of this REALTORS’ organization.

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