If you’re going to buy a home in Meridian, it’s worth your time to read this short article about which subdivisions are selling best!
Out of curiosity today I decided I would go through the MLS and find the top selling subdivisions in Meridian year-to-date. I had pretty good idea which subdivisions I thought would be the top and kind of surprised myself to know that I was pretty darn close.
This list doesn’t necessarily try to assert which subdivisions are the best, but simply point out which ones have had the most sales year-to-date. Each subdivision is very unique, offers different amenities, has different styles of homes in somewhat different price ranges. I think it would be safe to point out however, that there are similarities between each of these subdivisions that make them the top performing subdivisions in Meridian.
***As an added bonus I decided to see which of these subdivisions had the most distressed properties. The total amount of distressed properties really has nothing to do with the success or failure of each subdivision, they’re way too many factors involved to try to distinguish exactly why there would be a difference in distressed properties: age of the subdivision, timing of the construction, and personal ownership.
So without further ado here are the…
Top-selling subdivisions in Meridian:
- Saguaro Canyon — 36 Homes Sold
- Bridge Tower — 38 Homes Sold
- Lochsa Falls — 64 Homes Sold
- Paramount — 64 Homes Sold
- Tuscany — 67 Homes Sold
As I mentioned the homes on this list got here not because of one being better than the other, but because the total number of homes sold year-to-date I have to bend the rules slightly however because it Lochsa Falls more than half of the properties were financially distressed. Again this doesn’t necessarily make Lochsa Falls a bad place to live, unless of course you like living next to homes that are bank owned and vacant.
Subdivision with the Most Distressed Properties
Lochsa Falls– of the 64 sales, 41 of them were either bank owned, a short sale, or in foreclosure. Some of you might know Lochsa Falls was pretty much built out during the real estate boom. The large quantity of distressed properties is most likely the reason that Lochsa Falls had so many sales in 2009.
Be an Educated Buyer!
I think it’s safe to say that over the years these 5 subdivisions have had quite a lot of draw and buyer attention. I also think it’s safe to say that if you currently buying in today’s market the one of these five places could be a good pick. Don’t forget though you need to sit down and draw out your Home Buyer Action Plan that includes a well thought out goal for your family, a budget and a plan B.
There are lots of good places to buy that aren’t on this list, but before you consider making a purchase in a different subdivision you need to be educated on why some real estate is better than other real estate.
If you would like to sit down and have me draw out a Home Buyer Action Plan for you, and help determine if you’re ready to buy a home in this market please give me a call or send me a friendly e-mail.
Also don’t forget to subscribe to this blog so that you’re notified of new market updates, good deals, and important real estate news!
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Aaron I have a PDF for a family budget you can link in your post, I will email it to you
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