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How much did this house decrease in value since 2006

  • Question refers to 12 San Simeon, Laguna Niguel, CA 92677
  • January 05 2010
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Answers (1)

At the peak of the market in 2006 this home could easily be valued at $2.8 million or more. Once the market reached the bottom at the end of 2011/beginning of 2012, like most homes in this area, about one third of the value was lost (ouch). The good news is the market is back up and the value is very close to the top price again. If there are improvements and upgrades done recently, it probably has not decreased in value at all and will be able to fetch top dollar in today's real estate market again.
  • May 14 2014
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