Woods Cross, Bountiful, West Bountiful and Surrounding Areas

Cedar City Subdivisions…Gemini Meadows..Market Update

I have taken a week or so off of writing market updates for the Cedar City Real Estate Market.  I need to stop that!  I get an idea for a thread of blogs and I want to just write about that thread rather than mixing things up better!

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 5/3/2011:  As of today there are 20 homes listed for sale in Gemini Meadows.  They are listed between $84,900 and $105,900.  Gemini Meadows quite honestly is a casualty of the economic downturn.  Only part of the subdivision was built, and now there are still some incredible bargains to be had on building lots for the right builder to come in and build out new units.  This is a subdivision that still has a lot of potential!  It is one of the great opportunities in the Cedar City Real Estate Market!

Market update 9/10/2011: As of today there are 15 homes for sale in the Gemini Meadows Subdivision.  This is still a great subdivision that has a lot of possibilies.  The homes range in price from $74,900 to $99,900.  This subdivision as I mentioned has been somewhat a victim of the economic meltdown in the housing industry, but it the available units are nice sized and generally nice!

Gemini Meadows Sign

Gemini Meadows Home

Another Gemini Meadows Home

Another shot of a Gemini Meadows Home. These haven’t been lived in as far as I can find out.

Another View of Gemini Meadows Homes

Another Style of Home in Gemini Meadows.

One more group of Homes in Gemini Meadows

There is a lot of potential here, and some great deals!  After all, homes like this offer the greatest return opportunity!

If you’re looking to buy or sell real estate in Cedar City, Utah; please give us a call.  We would love to earn your business!

If you’re looking to buy or sell real estate in Cedar City, Utah; please give us a call.  We would love to earn your business!

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