Lafayette House Wins Broker’s Tour

Today’s Lamorinda broker’s tour was on the small side, with only 5 new properties to see. It’s that time of year again. Tomorrow is the first day of school in our districts. I know I’m excited!

    I’m declaring the winner of today’s tour 17 Fallen Leaf Court located in the Reliez Valley area of Lafayette. This property actually sold last year on September 15th as a fixer, 1897 square feet, 3 bedroom, 2 ½ bath on a half acre lot for $1,275,000.

    Today it is a beautiful 5 bedroom, 3 ½ bath with 4,515 square feet of beautiful attention to detail. You can view this property for yourself at My Website by typing in mls#40293479 in the mls search. Of course the price has gone up a bit from the ’06 sales price. It is currently listed at $3,510,000. More Photos of this house can be seen at the listing agents site.

    Since January 1st, 2006, there have been 12 sales in Lafayette above the $3M mark. Of those 12 sales, only 1 property had a smaller lot, and 3 had less square footage, 2 were built in ’06 and 2 were built in ’07. The average square foot price for these four recent builds was $665/sq. ft., with 17 Fallen Leaf coming in at $777/sq. ft. Square footage price is not the best way to value a house, but it is commonly listed and observed.

There are currently 3 other Lafayette properties on the market asking over $3M. The MLS #’s are 40285360, 40265096, 40283184. This Link will take you to my website where you can type these mls #’s and compare for yourself.

    17 Fallen Leaf Court is a BEAUTIFUL property! It is definitely worth seeing for yourself if this catches your eye.