That Home Sold for What in Portola Hills?
Congratulations to another KW client who just moved into the Portola Hills neighborhood of Serenado. The Serenado community is a fairly small community of 166 homes and part of the Portola Hills II homeowners association. There are 3 floor plans:
- Rhapsody: 3 bedroom, 2.5 bath, 1561 sq.ft. 2 car garage
- Concerto: 3 bedroom, 3 bath, 1771 sq.ft. 2 car garage
- Symphony: 3 bedroom, 2.5 bath, 1891 sq. ft. 2 car garage
I wrote a blog back in 2015 with more details of this tract and since then homes have just about doubled in value.
Here is a look at the overall values today!
Right now, offers Portola Hills homes sellers in the Serenado tract and excellent opportunity to take advantage of their equity growth. Whether you are thinking about selling and moving up or downsizing into your next home, utilizing some of your equity to upgrade the home or leveraging it into an investment property, we are here.
We will review with you if you can benefit from Prop 19, which allows you to take your tax basis with you into your next home! Is it beneficial for you to rent the home and make this your first investment property? Do you have the opportunity to use 1031 exchange benefits on this home or into your next home? What updates need to be completed in the home and provide you with resources, including cash to do just that.
As well as reviewing the above, did you know KW (Keller Williams) has helped more buyers move into Portola Hills in 2021. Why is this important. While you might think home sellers set the price of a home, the market value is actually determined by what the buyer is willing to pay for the home. In the Serenado tract, the average list to sale price ratio is just under 5%. We are pleased to note, our list to sale price ratio averages at 12%. Certainly if you are thinking of a move, you want to work with an agent that is going to net you more $$ and has the pool of buyers that are willing to pay top dollar!
Serenado Portola Hills Sales |
You see our goal is not to simply put a sign in the yard. We will review with you both your short and long term goals so we can help you leverage your real estate into ensuring those goals are met. Don't hesitate to reach out directly to Kelly Turbeville to schedule a home equity analysis.
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