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Good Properties are Holding Their Own in Forest Ridge

Jun 17th 2009
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3138 Peachtree Circle in Forest Ridge

3138 Peachtree Circle in Forest Ridge

This past month I’ve closed several listings in Forest Ridge in Davie and I have not had any difficulty with the appraisals.  There are a share of short sales and foreclosures in the neighborhood, and there are also properties that are so outstanding for the price that buyers have paid over the appraised value.  While I am still being cautious by telling sellers that their home is only worth what someone is willing to pay for it, I am breathing a little bit easier these days.  The old rule of real estate is holding true….location, location, location.  Forest Ridge is one of those prize communities where you will find great homes in the price range of the low $200’s to over $500,000.  Pride of ownership is evident throughout the community and the school district is a selling point.  This 4 bedroom/2 bath home at 3138 Peachtree Cr. is  situated on a lake, with a pool and a new kitchen and the selling price was $420,000.00



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