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Updated: 11/20/12 

2235 Twin Falls Dr. HENDERSON, NV 89044
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23% Over Base Market Value
Price:
Base Market Value:
$245,000

$199,999
PROPERTY INFORMATION
PHOTOS & MAP
MORE REAL ESTATE IN HENDERSON

MARKET LAB
SCATTER * PLOT
COMPARABLES
INSIDER INFO
BELL CHART
 
Key Comparable Statistics

Comparable Listings:
List Price -vs- :
Dollar Spread -vs- :
Price/Sq Ft -vs- :
Base Value -vs- :
House Sq Ft:
Bedrooms:
Bathrooms:
Lot Acreage:
Year Built:
Garage:
Pool:
Spa:
2235 TWIN FALLS DR

--
$245,000
--
$116.89
$199,999
2096
2
2
0.16
2005
2
No
No
-vs- 89044

--
13.8% Above
--
8.33% Above
22.5% Above
118.5 SqFt More
--
--
0.001 Acre More
Older than AVG
--
--
--
COMPARABLES IN 89044

8
$215,281
--
$108.34
--
1977.5
2.5
2.4
0.159
2005.6
2.0
0%
0%
 
Value Address Price Price/SQFT SQ FT Bed Bath Dist. Lot Size Year Built Compare 1 on 1 Exclude Save
2521 PENUMBRA DR A: $165,000 $93.33 1768 3 2 0.4mi 0.15 2007
2132 WATERTON RIVERS DR A: $174,500 $95.04 1836 2 2 0.4mi 0.16 2005
2160 SAWTOOTH MOUNTAIN DR A: $178,042 $104.00 1712 2 2 0.3mi 0.13 2005
2202 CLEARWATER LAKE DR A: $204,000 $111.11 1836 2 2 0.1mi 0.18 2005
2211 SAWTOOTH MOUNTAIN DR A: $216,810 $103.94 2086 3 3 0.1mi 0.16 2005
2100 CLEARWATER LAKE DR *MM A: $244,999 $116.89 2096 2 2 0.4mi 0.16 2005
2325 CANYONVILLE DR A: $254,000 $105.83 2400 3 3 0.5mi 0.16 2007
2204 SAVANNAH RIVER ST A: $284,900 $136.58 2086 3 3 0.5mi 0.17 2006
MM: Model Match   A: Active   E: Extended   C: Contingent   P: Pending   S: Sold   X: In-Active  
About 2235 Twin Falls Dr and the Comparable Group of Properties in HENDERSON, 89044 :

The 8 HENDERSON, NV 89044 property listings in the chart above make up the comparable group of properties for the subject listing at 2235 Twin Falls Dr, HENDERSON, NV 89044. These 8 homes have been collected because they are either for sale or recently sold within the last 6 months, and are termed "comparable properties" of 2235 Twin Falls Dr because they have been found to be close matches in terms of property type, living square footage, lot size, year built, property amenities and proximity to the subject property at 2235 Twin Falls Dr.
PropertyHookup.com has evaluated over 36 key features of these properties based on the fundamental components that make up real estate value. We compare and contrast the features of the subject property at 2235 Twin Falls Dr with the individual value components of this peer group of comparable properties and determine a value of each of the key features. We then weight the value of each feature of 2235 Twin Falls Dr and combine them to build a total estimated base valuation for the subject property. The base market value of $199,999 is a LOW WEIGHTED SUM of the values of these 36 individual key features.
The 2,096 square foot property located at 2235 Twin Falls Dr in HENDERSON, NV 89044 features 2 bedrooms and 2 bathrooms on a 0.160 Acre parcel. The 1 story property was built in 2005 and has a price of $245,000 as of 11/20/12.
PropertyHookup.com's proprietary real estate software has identified current real estate data on the 8 similar comparable properties listed above that are located in the in the local HENDERSON, NV 89044 area. These 8 comparable properties have an average price of $215,281, feature an average living square footage of 1977.5 on a lot size of 0.16 built around 2006. These properties feature 2.5 bedrooms and 2.4 bathrooms priced at an average interior living space square footage price of $108.34 per square foot.
Now, when 2235 Twin Falls Dr is compared to this peer group of 8 properties at an average price of $215,281, a Base Value of $199,999 and an average price per square foot of $108.34, the price of $245,000 at $116.89 per square foot for the property at 2235 Twin Falls Dr represents a -23% difference. As in any transaction, a substantial discount in price may reflect the condition of the property, so be sure to conduct your inspections and due diligence and consult a real estate professional like the local real estate agent listed below before you make ANY purchase.
Comparable Market Analysis for 2235 Twin Falls Dr and the Comparable Properties in HENDERSON, 89044 :

The 8 HENDERSON, NV 89044 property listings in the chart above compare to the subject listing at 2235 Twin Falls Dr, HENDERSON, NV 89044 as follows:


-2235 Twin Falls Dr features 2,096 square feet, 2 bedrooms and 2 bathrooms on a 0.160 Acre parcel lot built in 2005.


-The 8 comparable properties in HENDERSON, NV 89044 feature an average of 1977.5 square feet, 2.5 bedrooms and 2.4 bathrooms on an average 0.16 Acre parcel lot built around 2006.


-2235 Twin Falls Dr is priced at $245,000 compared to its base value of $199,999 which represents a -23% difference in price versus base market value. We also compare the list price of $245,000 to the average price of $215,281 for these comparable properties in HENDERSON, 89044.


-2235 Twin Falls Dr is currently priced at $116.89 per square foot compared to the group average of $108.34 for these comparable properties in HENDERSON, 89044.


Investors and home buyers can determine whether or not the property for sale at 2235 Twin Falls Dr is a discounted real estate listing for sale based on the 8 comparable properties above and the spread in valuations between the current list price of $245,000, the comparable Base Market Value of 2235 Twin Falls Dr at $199,999, and the overall average list price of $215,281 for similar comparable real estate properties for sale or recently sold in HENDERSON, 89044. Once the value spread is determined, you must estimate the total cost of repairs needed to bring the property up to a basic, clean, functional, livable and salable condition, (it's "Base" condition).


We recommend you contact the local HENDERSON, NV real estate professional listed below or one of our advertising/ partner members listed here on PropertyHookup.com to help you in your real estate investment venture. These professionals can provide you with added knowledge and expertise in the foreclosure/ investment/ fixer upper process. As always, we recommend you conduct your full due diligence, attend all property inspections and review a full property title report before purchasing any HENDERSON, NV investment property.
More about real estate in HENDERSON, 89044 :

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Please use the property's MLS #: 1140517 or the designated PropertyHookup.com Property ID #: 4128390 for the real estate listing at 2235 Twin Falls Dr in HENDERSON, NV 89044 when contacting the qualified local HENDERSON, NV real estate agent listed below or any real estate professional.
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