Looking back into 2014 we’ve witnessed a booming Real Estate market here on the Palos Verdes Peninsula. From increasing new building starts to extensively remodeled estates and “starter” homes in need of a little TLC, the market for PV homes has been surging. Low inventory has plagued the market reducing total sales significantly from 2012-2013. However, demand has been consistently high and when once considered a buyer’s market, the tables have turned creating a strong seller’s market. With low competition due to decreased inventory and high buyer demand, it has never been a better time to list your home for sale! To reign in the new year, I will be posting the highest valued “bang for your buck” properties throughout all 4 cities on the PV Peninsula.
So without further adieu, below are the top 5 greatest “bang for your buck” actively listed homes in Rolling Hills Estates as of 1/1/15:
TOP 5 GREATEST “BANG FOR YOUR BUCK” HOMES IN ROLLING HILLS ESTATES
#1 Listed at $1.5 Million, This property is the lowest priced per sq/ft home ($407.34) in all of Rolling Hills Estates. Features 3,680 sq/ft of living space and situated on a 17,772 sq/ft lot with 2 stall barns, mother in law quarters, updated kitchen and mature trees. This property is over $70 less per square foot than the next closest home, with upgrades and updated amenities, this home is our clear winner.
#2 Listed at $2 Million, this 4,149 sq/ft home is located in a gated community and situated on a 14,967 sq/ft lot. With lush palm trees welcoming you into the home, this 1981 built house features a game room with acoustic walls. In need of some updating, but at $482.03 per sq/ft, this home has high value for the price.
#3 At $2.8 Million, this luxurious 4,678 sq/ft home is the largest property and newest built within my top 5 list of homes in Rolling Hills Estates. Situated on a 21,937 sq/ft lot, this luxury estate was built in 2000 and features a salt water pool, 4 car garage and beautiful ocean views. With a price per sq/ft below $600 and in a gated community, this is an extraordinary value.
#4 Listed at $1.4 Million and situated on a 16,374 sq/ft lot with 2,640 sq/ft of living space, this property is located on the east side of Rolling Hills Estates. With easy access to freeways, this home has been fitted with cherry wood floors, an updated kitchen and a price per sq/ft of $529.92. The value of this home deserves a top 5 rating on my biggest “bang for your buck” list of Rolling Hills Estates properties.
#5 At $562.93 per sq/ft and offered at $1.4 Million, this east side home in Rolling Hills Estates offers a total living square footage of 2,487 and is situated on a lot size of 21,558 sq/ft. This home is in need of some updating, and could use a new face lift, however with a 1bd/1bath guest house with a view of the hillside, this home sneaks on the list as the 5th best “bang for your buck” home in RHE!
For more information on location, details and showings, please feel free to contact 4th generation Real Estate Professional Brok Butcher at 310 710-6387 or email: email@example.com
Here’s to a prosperous, peaceful, and Happy New Year!