Determining the value of Evergreen real estate is an important challenge. As anyone who has followed this real estate blog about Evergreen knows; I generally don’t appreciate averages and price per square foot statistics as much as analyzing the specific features and location of an individual home. Lets face it, the market has impacted home pricing in Hiwan differently than it has in Evergreen Meadows. 
Looking even deeper; a home at the end of a cul-de-sac, backing open space in The Ridge at Hiwan is experiencing a different change in demand than a bank owned home in Wah Keeney Park with deferred maintenance or a family legacy grade home, on large acreage, hidden in a gated community, in Upper Bear Creek.
Even the side of the street, the length and slope of the driveway, the way a home captures the sunrises and sunsets, or views of Mount Evans will all change the marketability of a home.
When it comes to determining the ideal strategy to negotiate the best price and terms when you are buying an Evergreen home and the best price to market your home for sale it is very important to have a comprehensive and specific market analysis done by an expert.
Frankly, don’t use a set of averages but participate in the evaluation with someone who has seen each of the homes that effects the market value. A real estate agent who is in these neighborhoods frequently is best qualified to accurately represent you.
Nevertheless, I was playing around on Zillow this morning and tweaked one of their Evergreen home value widgets to the point that I felt it was somewhat useful.
The graph above shows the median sales price per square foot compared over the last 10 years in Evergreen as calculated by Zillow. The average price per square foot of a home in Evergreen right now is approximately $139/foot which is roughly the same value as in 2001. If you determine the home value base solely on this statistic then you may interpret this to believe that home values today are about the same as they were nine years ago!
Likewise, if your timing was similar to the way I play the stock market and you bought your Evergreen home near the end of 2006 you might have paid more than anyone in the history of Zillow tracking Evergreen…
In conclusion, I hope the graph helps you understand some general market dynamics in Evergreen. However, when you are ready for an accurate and precise value analysis of any Evergreen real estate feel free to contact me using the info below. I’ll be happy to help with no obligation.
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