283 Apple Cross Way, Murray UT: Price Guide
Are you looking for information on the current price trends for homes at 283 Apple Cross Way in Murray, Utah? This comprehensive guide provides an in-depth analysis of the property market, offering insights into pricing, recent sales, and what you can expect when considering this address.
This article aims to provide a clear and concise overview, focusing on the essential data you need to make informed decisions. We'll delve into recent sales data, compare property values, and discuss factors that influence the price of homes in this specific location. Whether you are a potential buyer, seller, or simply curious about the real estate market in Murray, UT, this guide is designed to help you.
Understanding the Market at 283 Apple Cross Way
Knowing the current market conditions is crucial when evaluating property prices. The area surrounding 283 Apple Cross Way offers a unique blend of residential appeal and accessibility. Factors like proximity to schools, parks, and shopping centers significantly influence property values. In our experience, understanding these local dynamics can offer a significant advantage.
Recent Sales Data
Analyzing recent sales data for similar properties is one of the most effective ways to gauge current market prices. This includes looking at the size of the homes, number of bedrooms and bathrooms, and any recent renovations. We analyze the sales data and look for the trend. — Babyz0 OnlyFans: Unveiling The Truth Behind The Leak
To give you a clearer picture, we’ll look at recent sales in the area. — Bunniemai OnlyFans Leaks: The Truth Revealed
| Address | Sale Price | Date Sold | Square Footage | Bedrooms | Bathrooms | Key Features |
|---|---|---|---|---|---|---|
| 275 Apple Cross Way | $650,000 | June 15, 2024 | 2,000 sq ft | 4 | 3 | Updated kitchen, large backyard |
| 285 Apple Cross Way | $675,000 | July 1, 2024 | 2,100 sq ft | 4 | 3 | New roof, finished basement |
| 290 Apple Cross Way | $660,000 | May 20, 2024 | 1,950 sq ft | 3 | 2.5 | Close to park, well-maintained |
Comparable Properties
Comparing 283 Apple Cross Way with comparable properties in the area helps in determining a fair price range. These properties share similar characteristics in terms of size, condition, and location. This allows you to evaluate the unique advantages and any potential drawbacks.
We assess comparable properties using several key criteria:
- Location: Properties within a 1-mile radius of 283 Apple Cross Way.
- Size: Homes with square footage comparable to those at 283 Apple Cross Way.
- Age and Condition: Properties built around the same time and in similar states of repair.
Factors Influencing Property Prices
Several factors play a crucial role in determining the price of a property. Understanding these elements can help you better assess the value of homes at 283 Apple Cross Way.
Location, Location, Location
The most critical factor is the location itself. The desirability of the neighborhood, access to amenities, and proximity to schools significantly impact property prices. This address is desirable because:
- Excellent Schools: Proximity to top-rated schools increases property value.
- Parks and Recreation: Easy access to parks and recreational facilities enhances lifestyle.
- Shopping and Dining: Close proximity to retail and dining options adds convenience.
Property Features
The features of the property itself play a crucial role. This includes the size of the home, the number of bedrooms and bathrooms, and any additional amenities.
- Size and Layout: Larger homes with well-designed layouts tend to command higher prices.
- Condition and Updates: Homes that have been recently updated or are in excellent condition have higher market values.
- Amenities: Features like a finished basement, a swimming pool, or a large backyard can increase the property's value.
Market Trends and Economic Conditions
The overall market trends and economic conditions also have a significant impact on property prices. Interest rates, inflation, and the local job market all contribute to property valuation.
- Interest Rates: Lower interest rates make mortgages more affordable and increase demand.
- Inflation: Inflation can affect the cost of construction materials and, consequently, property prices.
- Job Market: A strong local job market boosts the economy and increases the demand for housing.
How to Find Accurate Property Price Information
Several sources can provide accurate and up-to-date information on property prices. Leveraging these resources can give you a more accurate understanding of current market conditions.
Real Estate Websites
Websites like Zillow and Realtor.com offer tools and data for real estate valuation. These sites provide a range of data on properties.
Local Real Estate Agents
Real estate agents have in-depth knowledge of local markets and can offer personalized guidance. They can provide an analysis of recent sales and help you understand the dynamics of a local market.
County Records
County records provide official data on property sales and assessments. This data can be invaluable in understanding property values.
Property Valuation Methods
Different methods can be used to value a property. Each method offers a unique perspective on the property's worth.
Sales Comparison Approach
This method involves comparing the subject property with similar properties recently sold in the area. It takes into account the features and characteristics of each property.
Cost Approach
This method estimates the cost to replace the property, including the land, plus the value of any improvements. It is helpful for unique properties.
Income Approach
This approach is used for income-generating properties. It assesses the value based on the potential income the property can generate. — Real Madrid CF: History, Players, And Trophies
Frequently Asked Questions
What is the average price per square foot in this area?
The average price per square foot varies depending on market conditions, but it generally ranges between $300 to $350 in this area, but could fluctuate. (Source: Local Real Estate Market Data).
Are there any upcoming developments near 283 Apple Cross Way?
Yes, there are a few residential developments planned within a 2-mile radius, which could potentially impact property values.
How often do homes in this area sell?
Homes in this area typically sell within 30 to 60 days, depending on market conditions and the property's features.
What is the property tax rate in Murray, UT?
The property tax rate varies, but it is approximately 0.6% to 0.8% of the assessed value of the property.
How can I get a professional appraisal for 283 Apple Cross Way?
Contact a certified appraiser. A professional appraisal is the best way to get an accurate estimate of a property's value.
Conclusion
In conclusion, understanding the price of properties at 283 Apple Cross Way involves a detailed analysis of market trends, comparable sales, and influencing factors. By utilizing the resources mentioned, you can make informed decisions. We hope this guide helps you in understanding the value of properties in this desirable area.
Call to Action:
If you are considering buying or selling a property in Murray, UT, contact a local real estate agent. They can offer personalized advice and assist you in navigating the market.
'/><text x='50%' y='52%' font-family='Arial,Helvetica,sans-serif' font-size='44' fill='white' text-anchor='middle' dominant-baseline='middle'>Kim Anderson</text></svg>)
