Profile picture for mgmitten

Nocatee/Ponte Vedra - Are the pre-owned homes for sale there speculatively priced?!

We are looking to purchase a home in the Austin Park/Greenleaf area of Nocatee in Ponte Vedra.  We noticed the "for sale" prices currently of homes in that area are not comparable to the prices of homes that recently sold there. Are these homes for sale speculatively priced? Prices seem to be close to what they were before the bust.  Here are some examples of homes currently for sale (all very similar homes in the area) and price per sq. feet....  What is fair to pay per sq. ft. in these areas?(Not gated)

59 Cornwall Dr, Ponte Vedra, 32081 (Austin Park) - 297K - $133 sq. ft.
51 Windstone Ln, Ponte Vedra, 32081 (Greenleaf) - 309K - $128 sq. ft. 
15 Puritan Rd, Ponte Vedra, 32081 (Austin Park) - 279K - $124 sq. ft. 
82 Pinewoods St, Ponte Vedra, 32081 (Austin Park) - 300K - $119/sq. ft
  • November 19 2013 - US
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Answers (3)

Profile picture for wetdawgs
Homes are sold as a unit, not on a square foot basis.   One can get a huge range of fair $/sq foot due to diferences:

All things being equal (location, quality of construction), a smaller home will have a higher $/sq foot than a larger home.

All things being equal, a one story home will be more per square foot than a two story home.

Two homes being identical, variations will occur in the grade of finish and other amenities.

A fair price is determined by the home as a whole.
  • November 21 2013
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Profile picture for SusanPyles
Thank you for your interest.   Prices are based on lot and the options included in the home. [promotion and contact information deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]
  • November 21 2013
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Profile picture for mgmitten
Forgot to include:

85 Payne Tr, Ponte Vedra, 32081 (Greenleaf Village) - 240K - $127 sq. ft
  • November 19 2013
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