Woods Cross, Bountiful, West Bountiful and Surrounding Areas

Gemini Meadows…Market Update 6/5/2012

Gemini Meadows is one of the newer subdivisions in the Cedar City Real Estate Market.  Gemini Meadows is another Twin Home or Duplex subdivision in Cedar City’s limits.  It is at the Northern edge of the City’s boundary.  It is another of the subdivisions that was built during our building boom of 2007.  It is also the one of the worst casualties that we have had to the ongoing financial crisis.

Many of these homes have never been lived in, and are in fact REO properties currently.  A large number of building lots remain as well.  I was really too bad, these were nice, well laid out units that offered a nice home for a good price.

These units are all 3 bed 2 bath units with over 1400 square feet of living space.  There are currently 21 of these units for sale in our MLS.  The price ranges from $99,000 to $115,000.  As I mentioned, many of these homes have never been lived in and have the appliances included in the price.

Market Update 6/5/2012:  There are currently 2 homes listed for sale in the Multiple Listing Service.  One is listed at $139,900 and the other is listed at $144,900.  In the past 12 months there have been 21 homes sell.  They sold in the price range of $76,500 to $97,500.  There are currently 5 lots for sale.  They range in price from $7,900 to $13,000.  The lots range from .16 to .3 of an acre in size.

As I have mentioned, Gemini Meadows was really affected by the crash in the home bubble, this is a subdivision with a lot of potential, and some great opportunities for investors or first time home buyers!

Here are some photos:

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Gemini Meadows Homes

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Another set of Gemini Meadows Homes

If you’re interested in a property in Gemini Meadows or any other location in the Cedar City Real Estate Market, contact us.  Our email address is: info@thecteamrealestate.com or you can call 435-701-1812. If you want to search the listings in the Cedar City Real Estate Market here is our website:  www.livingincedarcity.com   One other thing we are taking listings now to get them on the market for the hot Spring and Summer Real Estate Market.  We would love to help you sell your house!

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