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Mentor, Ohio is The Place to Buy... Compare Mentor's Pricing... and Be Amazed...

What an incredible place Mentor, Ohio is.  What a great place to live and raise a family, or to just buy a home for yourself.  Why do I say that?  Here is some proof !

I was reading some real estate articles this morning, and came across the house below.  It is NOT located in Mentor.  Not even in OHIO.  Where is it?  I will share the answer in a few paragraphs, but first... some "different" info.

How much would a home like this cost in Mentor ?  Well... first of all, this home is much larger than it appears.  It looks like a home that could be in "Old Mentor" near Mentor Avenue and Rt 615.  Or, it could be a home between 20 and 84... perhaps between 306 and 615... on either side of Great Lakes Mall.

IF... it was about as big as this one looks like it might be... 1,800 square feet... and IF it had a basement, and was on a typical nice-sized lot for those two areas I mentioned, the price could be perhaps around $150,000.  Maybe even higher.  There occasionally ARE homes like this that "pop up" at this price in those two areas, but they usually sell VERY QUICKLY.

                                      

Or... how about if this home was actually "larger" than it looks in the picture ?  This actual home... the one pictured above... is pretty large.  it actually has 3,567 square feet... which makes it "huge" as far as I'm concerned.  So, lets play with this again, and just say that this home is on about an acre of land, and is somewhere in South Mentor or Concord.

If that were the case... how much would it be?  Maybe $220,000 ?  Maybe a bit less ?  Maybe a bit more ?  It could go either way... depending on that old number one Real Estate Rule of Location, Location, Location.

Ok... time to let the "cat out of the bag" here.  This home pictured above... sits near, but not in, the California city of Santa Clara.

It has, as I said above, 3,567 square feet.  It also sits on slightly more than one acre. 

And... the price ?  Sit down, now, and hold on to the chair rails.  The actual price of the above home... sitting near Santa Clara, CA... is Five Hundred Ninety-Nine Thousand Nine Hundred Dollars.  Yes,... $599,900 !

Wow, folks.  What an absolutely great area we live in... here in Mentor, Ohio.  We can get so much more for our home-buying dollars.  We have such beautiful homes here, and they are so incredibly well-priced when we compare them to prices in other parts of the country.

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Carolyn Kolba, Mentor and Lake County, Ohio Real Estate Expert, can be reached at (440) 567-7211.  Call Carolyn, and mention this home you saw on her Active Rain blog... and see if she can find one for you... just as pretty as this one is !

This article is just one in a series of comparisons of homes in other parts of the country... and is designed to show by comparison what great home values we have here in Mentor, Ohio, and in Lake County, as well.

Comment balloon 4 commentsCarolyn Kolba • July 23 2010 10:41AM

Comments

Hi Carolyn: Very nice post, this is one of the things that really bothers me about companies and statisticians using national averages. They do not work for many areas of the country, our values never got inflated like the values did on the coasts and in some metro areas.

Posted by Steve Baklaich, Treating Buyers & Sellers to Full Service Always. (RE/MAX Results St Cloud Mn real estate) about 7 years ago

Carolyn,

What an affordable community!  Great perspective to let us see the incredible value in Mentor Ohio!

Posted by Maya Thomas LLC, Broker, Key West FL Historic Old Town Estates, Bungalows (Key West, Key Haven, Geiger, Sugarloaf, Cudjoe, Summerland) about 7 years ago

If you were to pick up that home and place it in other areas of CA it could sell for 2-3 times the 'high' price near Santa Clara, LOL!

Posted by Vickie Nagy, Delivering Desert Living, Year-Round Golf, Tennisl (Vickie Nagy, Broker Associate Alta Realty Group | BRE#01363932) about 7 years ago

Oh Carolyn so envious, to be a writer and blog well, you must not keep this talent to yourself.  PS thank goodness video blogging is up and coming for those of us who do that well!  I love your blogs and will use this to help my own lisitng blogs, this is great just great.

Posted by Mary Lockman, Methow Valley Real Estate (Windermere Real Estate Methow Valley) over 6 years ago

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