What Can You Buy in University City for $500,000?

I expect there to be continued market improvement in University City in 2013. In 2012, there were 5 single family homes that sold between $490,000 and $525,000.

Below are two examples of homes that sold last year:

• 7215 Maryland Ave in the Maryland Terrace neighborhood sold for $505,000. The home has nearly 3,000 sq ft over 3 floors offering 5 bedrooms and 2.5 bathrooms. The seller enhanced the home during their ownership and added a contemporary flair. 
• 7815 Lafon Place in Central neighborhood sold for $515,000. This home with has a 2 story addition that includes a newer kitchen, attached family room and master suite. There are 3 additional bedrooms and updated baths. Other updates included newer systems and windows. 

To see what you can buy in the Ladue School District and Clayton for $500,000, please take a look at my posts on Ladue-Frontentac Patch and Clayton Richmond-Heights Patch.

If you have questions about a particular area, neighborhood or property, please feel free to contact Sabrina Robb for additional information. 314-283-7590  srobb@robbpartners.com

Please follow my weekly Real Estate blog every Wednesday for the latest on Unique, Distinctive and Historic properties!   To see more and to keep up with the latest real estate news and most sought after homes for sale, please visit my website at www.robbpartners.com. 

About this Column: The market data is puller from the Mid America Regional Information System.  All information is deemed reliable but not guaranteed.