Will It Sell? Washington Terrace Home to be built.

Washington Terrace Utah Home Lot

This is the first installment of Will It Sell?  It is my goal to look at Homes, Multi-family properties, and other development possibilities.  To see if they will sell.  The first property is a new home to be built in Washington Terrace, Utah.  My Clients are looking to build a 2600 sq. ft. Rambler on a 0.15 acre parcel.  Home Details are this:

Rambler: 1300 Sq.Ft. with 3 Bedrooms, 2.5 Baths, 2 car garage.  The Basement will be unfinished with 1300 Sq.Ft. 2600 Total Sq. Ft.  Surrounding homes in the heighborhood were built in the late 1940’s to late 1950’s.  Washington Terrace Homes average sales price is $145,000.  There is a small subdivision close to the subject property, these homes are Patio/Ranch style homes Selling in the Mid-$250,000 range.  They are approx. 1800-2000 Sq.Ft.

My question is… What should they build?  Rambler or Patio home?  And what do you think the Washington Terrace home will sell for? 

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