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Debra Wellins

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Real Estate Information Category

Pinecrest Single Family Home Sales – Q2 Market Update

Single-family luxury home sales in the Village of Pinecrest show stability when comparing 21015 and 2014 second quarter sales.  In the under $1 million market, prices have increased.  Take a look at the chart for comparisons. Luxury Market:  Sales Over $1 Million The luxury market had three fewer sales this quarter over the same period last year.  The average sale price was $200,000 less this quarter because the homes that sold were smaller by 400 square feet.  The average sale price per square foot is consistent -... Continue Reading >

Great Photos Sell Homes – So Hire the Best

When I sell a client's home, I want potential buyers to be completely captivated by the photographs that represent the home.  Nothing motivates a buyer more in desiring to see a home than high quality, architectural and design photos that highlight the very best of a property. Now a days, one can snap decent pictures with a good quality digital camera and that may be adequate for the sale of some properties. But there is a huge difference between amateur and professional photographs.  And there is an even greater magnitude of difference... Continue Reading >

Dueling Solar Energy Amendments

A group billing itself as Consumers for Smart Solar announced last week that it's launching a petition drive to place a solar energy amendment on the 2016 ballot. The goal is to collect 700,000 signatures by early next year in order to qualify. This is an important and vital amendment aimed at preventing another group, Floridians for Solar Choice, from prevailing with their amendment initiative. There amendment, if approved by voters, would prevent the state from regulating small, private solar companies that provide up to two megawatts of solar energy to properties... Continue Reading >

Looking for a Chateau in France?

La Vermondie, located in Dordogne, Aquitane, France, is available.  Dating back to the 12th century, this incredible estate is the embodiment of Europe's rich and diverse heritage. Folklore suggests that Richard the Lionheart stored the spoils of war in the vaults beneath the castle, which may once have doubled up as dungeons. Today, all four levels of the chateau are far more inviting, with lavish entertaining space including two sublime salons with dramatic windows, stone fireplaces and oak flooring; two dining rooms; a... Continue Reading >

Upward Trend for Miami Real Estate

The momentum is palpable.  The Miami real estate market is steaming up with international and domestic buyers looking to live in a global city with world-class amentities. Here's a brief market update on single-family homes and condominiums year over year in March, 2015. Miami sales are up 10%. Miami single family homes and condos continue to sell for close to the asking price Miami cash buyers represent more than twice the national average. Short sales continue to decline. Active listings have increased 8.2%. Data provided by the Miami Association... Continue Reading >

Lakefront Condo Sold

Congratulations to my seller who recently closed on her lakefront penthouse apartment. This was one of the few condos around that had three spacious bedrooms with a split floor plan and three full baths. The seller was incredibly happy in getting the highest price for a condo in her building this year, despite the fact that it needed total renovation. This was a great deal for the buyer as well who saw it as a good investment and safe home for her family. Once it is modernized, it will be an amazing home. 671 NE 195... Continue Reading >

Sleek Contemporary Home For Sale in Pinecrest

  Take a look at this a new Italian style contemporary home, designed and built by Eurohabitat in the Village of Pinecrest. Sophitsticated and Smart This one story home on a builders acre has dramatic 24 foot ceilings that take advantage of the natural light via an abundance of windows. Besides having a gorgeous state of the art kitchen with quartz counters, induction cooktop and Thermador applicances, the home has a media room, temperature controlled wine room, magnetic door locks, solid teak shower floors, a 53-foot lap and kids pool and an outdoor... Continue Reading >

Village of Pinecrest – Sales Down in 1st Quarter 2015

First quarter sales in the Village of Pinecrest has seen a bit of a decline when compared to single family home sales from the same period in 2014. Forty five homes sold through March 31, 2015, only four less than last year. Luxury Market In the luxury market, with 22 sales over $1 million, the hot market continued to be between $1 - 1.4 million.  The biggest drop off was seen at the top end with only one sale between $3 -5 million. The luxury market realized a 24% decrease in... Continue Reading >

Pinecrest Luxury Market – Homes for Sale Over $1 Million

Luxury homes in the Village of Pinecrest are selllng from $1 million to $10 million. One hundred properties are currently listed over $1 million out of 141 total single family homes for sale. At the low end, with an asking price of $1,060,000 ($261/SF) is a 1967 home with 5 bedroom, 4 baths and 4,056 square feet (SF) of living space.  This home is on 3/4 of an acre in SW Pinecrest. The top priced home, built in 2013, is offered at $9,800,000 ($624/SF).  Set on 1.25 acres in SE Pinecrest,... Continue Reading >

What’s for Sale Under $1 Million in the Village of Pinecrest?

Debra Wellins It's getting to be slim pickings for single family homes under $1 million in Pinecrest.  As of today, 141 homes are on the market, only 41 of them under $1 million. The breakdown is in the chart on the right.  The $700,000 - $799,000 price range is the hottest market under $1 million with 15 homes for sale. Almost all of these homes are west of 72nd Ave and south of 104 St. They average 3-4 bedrooms, 2,000 -3,000 square feet and are on lots from 1/4 to 1/2 acre.  Four of... Continue Reading >