Pricing Basis
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Lot Value – Location, location, location. 9334 Rosebud Circle is a full tip lot, located at the intersection of the Zephyr, Rosebud and Tecumsch Water Ways as seen here. Access from this location to Charlotte Harbor is about 15 minutes by boat.
There are two nearly equivalent nearby lots which are located on the opposing corner opposite the rear of 9334 Rosebud Circle. These two lots are not full tip lots. They are adjacent to each other, but share the tip. These two lots are located at 15220 Alsask Circle and 15212 Alsask Circle. Charlotte County property records show the lot at 15212 Alsask Circle was sold for $325,000 on 01/11/2021. Also, Charlotte County property records show the lot at 15220 Alsask Circle was sold for $345,000 on 04/30/2021. Using this information, the average prices for these two lots would be $345,000. The full tip lot of 9334 Rosebud Circle offers the optimal viewing of the three waterways and also offers sufficient lot room for other additions/structures. Based on the recent sales of the two nearly comparable but not equally comparable lots and the December 2021 Redfin.com estimated values of the two referenced lots (15212 Alsask at $397,975 and 15220 Alsask at $414,241 (see screenshots below)) which would result in an average estimated cost of $406,108. Using the information provided herein, the lot at 9334 Rosebud Circle is valued at $425,000 by owner.
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Concrete boat dock and two boat lifts replacement value is approximately $30,000.
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Approximate cost to replace house, pool, pool enclosure, driveway, lawn/landscaping irrigation system and landscaping is estimated to be at a minimum of $450,000 given the recent approx 400 percent increase of lumber prices as of second quarter of 2021.
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Using this criteria, the sale price basis for 9334 Rosebud Circle has been set at $875,000.
There are two nearly equivalent nearby lots which are located on the opposing corner opposite the rear of 9334 Rosebud Circle. These two lots are not full tip lots. They are adjacent to each other, but share the tip. These two lots are located at 15220 Alsask Circle and 15212 Alsask Circle. Charlotte County property records show the lot at 15212 Alsask Circle was sold for $325,000 on 01/11/2021. Also, Charlotte County property records show the lot at 15220 Alsask Circle was sold for $345,000 on 04/30/2021. Using this information, the average prices for these two lots would be $345,000. The full tip lot of 9334 Rosebud Circle offers the optimal viewing of the three waterways and also offers sufficient lot room for other additions/structures. Based on the recent sales of the two nearly comparable but not equally comparable lots and the December 2021 Redfin.com estimated values of the two referenced lots (15212 Alsask at $397,975 and 15220 Alsask at $414,241 (see screenshots below)) which would result in an average estimated cost of $406,108. Using the information provided herein, the lot at 9334 Rosebud Circle is valued at $425,000 by owner.
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Concrete boat dock and two boat lifts replacement value is approximately $30,000.
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Approximate cost to replace house, pool, pool enclosure, driveway, lawn/landscaping irrigation system and landscaping is estimated to be at a minimum of $450,000 given the recent approx 400 percent increase of lumber prices as of second quarter of 2021.
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Using this criteria, the sale price basis for 9334 Rosebud Circle has been set at $875,000.