Thursday, November 8, 2012

Palermo Desirability Index: Original developer's 'final unit release prices' provide a guide


Positively Palermo once again has received e-mails asking that we discuss home sales and prices. First, let’s examine the seven model types. There are four model types (A, B, C, and D) with two-bedrooms and two stories. There is one model (G) with two bedrooms in a single level. The developer generally priced the two-bedroom models in this order: A unit had highest price, D unit had the second, B and C tied for third, and then the G unit. There also are two models (E and F) with one bedroom in a single level. The F unit is bigger than the E unit. However, the developer in the initial sales push didn’t treat all of the units of the same model type equally. That is, for example, the price of a D unit could vary from another D unit, depending on location, views, yard size, privacy and other factors. Below, we have listed the top most desirable units based on the original "final unit release price" we obtained and published years ago. Please note that these prices may not have been what the units eventually sold for — but the list serves as a guide to the residences considered to be premium ones. All of Palermo's 117 units, not just these 20, should be evaluated individually. Also, please note the "final unit release price" on these 20 units below and the other 97 units do not include pools or spas they were added, or other upgrades.

Here is the top 20:
1. 260 Enterprise Way, Unit 109, A model, $481,000
1. 270 Enterprise Way, Unit 110, A model, $481,000
1. 3534 Penny Lane, Unit 107, A model, $481,000
4. 250 Enterprise Way, Unit 108, A model, $480,000
5. 3585 Sunburst Blvd., Unit 118, A model, $477,000
6. 302 Breeze Loop, Unit 123, A model, $473,000
6. 210 Enterprise Way, Unit 82, D model, $473,000
8. 280 Enterprise Way, Unit 111, A model, $470,000
8. 318 Sandy Point Trail, Unit 147, A model, $470,000
10. 312 Breeze Loop, Unit 121, A model, $468,000
11. 3525 Sunburst Blvd., Unit 112, D unit, $466,000
12. 308 Sandy Point Trail, Unit 146, A model, $463,000
12. 220 Enterprise Way, Unit 83, A model, $463,000
14. 272 Breeze Loop, Unit 125, A model, $461,000
14. 3591 Melody Lane, Unit 72, A model, $461,000
14. 255 Sandy Point Trail, Unit 126, A model, $461,000
17. 215 Sandy Point Trail, Unit 136, D model, $460,000
18. 252 Breeze Loop, Unit 128, D model, $456,000
18. 245 Sandy Point Trail, Unit 130, A model, $456,000
18. 275 Sandy Point Trail, Unit 122, D model, $456,000

Next: The next 20. Miss Penny Lane says: Every unit is desirable in her book.

4 comments:

Anonymous said...

Some beauties on this list above. Thanks.

Anonymous said...

These "top twenty" are good ones, but this list does not include or mention the add-ons of these and other condos that increased the prices as well.

Anonymous said...

I see why the TOP TEN are there - great great places.

Anonymous said...

woo-hoo-----Top 3!