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Versailles in Wellington FL | Homes for Sale | Market Report May 2016

Versailles in Wellington FL | Homes for Sale |  Market Report May 2016

 

Versailles in Wellington Florida, undoubtedly, has the most amazing prices in the country for mini mansions! When looking for homes for sale in Wellington Floridawhere else can you find properties with stunning renaissance style architecture covering over 5000 square feet under air priced for less than a million dollars? These are remarkable values.

 

Wellington Fl Versailles homes for sale Florida IPI International Properties and Investments

 

Often buyers ask why are the prices so low in Versailles in Wellington Florida and if the prices are that low, what is wrong with the community or the homes? Well, we say one man's folly is another man's opportunity! It was during the pinnacle of the boom in Wellington Florida that Versailles in Wellington Florida had started to be built. At that time, houses in the state were selling for over $1,000,000.

 

Wellington Fl Versailles homes for sale Florida IPI International Properties and Investments

 

Generally, what happened was individuals and speculators bought several homes almost during the same time as they dreamt of flipping these pre-construction McMansions for over $100,000 in quick profits. They took risks on putting the properties up for sale even before the builders finished them and before they closed on their loans. These people just got entangled when the bubble burst unexpectedly. At that point, in Versailles in Wellington Florida, mortgage fraud was also prevalent. Unsurprisingly, the people did not have funds to pay for all the house payments of the costly homes.

 

Wellington Fl Versailles homes for sale Florida IPI International Properties and Investments

 

Most of these homes were selling from $1,000,000 to over $3,000,000 during the boom.  For a budget of less than a million dollars, it was extremely difficult to find a home for sale. Now, on the other hand, you can pretty much name your price and reside in this wonderful secured and gated community of Versailles in Wellington Florida.

 

Versailles is close to elementary, middle, and high schools, the Wellington Regional Hospital, and the Wellington Green Mall which gives you access to all the restaurants and shops you want right at your back door. Whole Foods is also just literally two minutes away, so if you love healthy organic meals, you can whip up dishes to your heart’s content as often as you want! Likewise, you’ll have convenient access to the Florida Turnpike and you are right off of State Road 7 or 441 as well.

 

Wellington Fl Versailles homes for sale Florida IPI International Properties and Investments

 

The clubhouse is more lavish than a resort as it is astoundingly complete with a lush pool and spa, a state of the art fitness center, a spacious recreation room, fun kiddy areas, and more. The entrance and the clubhouse, just by itself, cost over $3,000,000 to build! Have fun and play a friendly game of tennis or shoot some hoops on the basketball courts with one of the many welcoming neighbors you’ll meet in Versailles. The clubhouse is equipped with an amusing game room, an extensive library, a modern business center and more.

 

Wellington Fl Versailles homes for sale Florida IPI International Properties and Investments

 

Soak in the sun around the resort style pool and spa. Have a fun get together with neighbors, families and friends. The tree lined roads are filled with upscale Palm Trees and exquisite landscaping that make you feel like you are vacationing on some exotic island resort complete with a 24/7 secured and guarded gate. Take pleasure in the amazing lakes and relaxing walk ways Versailles has to offer. The development is divided into various smaller sections in island-like settings. There are over 450 homes in the Versailles in Wellington Florida development.

 

Wellington Fl Versailles homes for sale Florida IPI International Properties and Investments

 

Market Report May 2016

Currently, there are 19 homes for sale in Versailles in Wellington Fl with living space ranging from 2,549 square feet to 5,787 square feet. As for the price range, it varies from $510,000 to up to $1,177,000. There are 2 homes under contract in this community. Of these homes, 1 is a traditional sale and 1 is a bank owned/REO property.

 

Versailles Homes for Sale in Wellington Fl:

 

·        18 Homes – Traditional Sales – Average List Price: $733,544

·        No Short Sales

·        1 Home – Bank Owned/REO Property – Current List Price: $528,900

 

There was 1 home sold in the community of Versailles in Wellington FL during May 2016. It was listed for $1,190,000. After staying on the market for 198 days, it was then sold for $1,185,000. There were 4 pending sales in the community. The homes were listed for the average price of $852,950 and they stayed on the market for 150 days overall.

 

There were 3 homes sold in the community during the same period last year. These homes were listed for the average price of $779,633. After staying on the market for 113 days overall, they were then sold for $727,333. There were 2 pending sales in the community at that time. The homes were listed for the average price of $472,450 and they stayed on the market for 79 days overall.

 

 

For more information on homes for sale in Versailles in Wellington Florida, please call us, Nestor Gasset and Katerina Gasset, at 561-753-0135. Nestor Gasset offers exclusive equestrian buyer representation for horse enthusiasts. We have all the tools to search for the right home for you. Allow us to provide all the tools and information you need to satisfy your real estate needs in Wellington the Equestrian Capital of the World.

 

Follow us on Our ActiveRain Blog 

 

Our blog serves two groups - One is for  Sellers and Buyers and the other is for real estate agents and brokers. 

 

In real estate we service Wellington, Palm Beach, Royal Palm Beach, Port St Lucie, Loxahatchee, Boca Raton, Delray Beach, Boynton Beach, Lake Worth and surrounding towns in Palm Beach County, Broward County and Miami/Dade County.

 

 Nestor Gasset is the real estate broker of International Properties & Investments LLC. Click on our profile to read more about Nestor Gasset and his qualifications and experience.  We sell properties others could not sell.  

 

Call Nestor Gasset today to work with him in reaching your real estate goals: 561-753-0135

Llámenos hoy al 561-753-0135 para vender su casa.

 

Katerina Gasset is a real estate agent who is also a digital marketing strategies, website designer and consultant for real estate brokerages, agents, entrepreneurs and small business owners. 

 

Katerina is a Certified Digital Marketing Funnel Expert. She is the creator and owner of Listing Experts Academy teaching real estate agents and brokers how to dominate their marketing on the internet. 

 

She develops products and online courses to empower real estate agents to reach their marketing, SEO, social media and branding goals. Katerina Gasset is a blogger, author, podcaster, and keynote speaker.  

 

Text Katerina with your name + number to work with her:

 561-502-1577 

 

For more information check out the articles and websites below:  

 

Real Estate Information:

 

 

Digital Marketing Information: 

 

 

 
  
 
 
 

 

Comment balloon 0 commentsKaterina Gasset • June 16 2016 12:10AM
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