About Fort Wayne's Windsor Woods

Windsor Woods located at the Northeast corner of Lima and Dupont Rds within the Northwest section of Fort Wayne, has 320 single family home lots. Developed in 7 sections beginning in 1979 through early 2000's, the neighborhood has a centrally located park, baseball backstop and is served by the Northwest Allen County schools with some portions included within the city limits.

The Homes in Northwest Allen county and in Windsor Woods saw an increase in units sold from 2010 to 2011, bucking the trend of the greater Fort Wayne area. Prices also followed this same trend and Windsor Woods in particular realized a 5% increase in Average sales price from 2010 to 2011.

This 10yr study is designed to give an overview of the market for Homes within Windsor Woods. Home prices have remained fairly steady throughout the last ten years and I expect that should continue with the growth of Parkview and Dupont hospitals to the area, favorable Northwest Allen county school reviews and currently favorable interest rates.

Windsor Woods 10yr Data

Sales Prices on average stayed within a $8,000 range over the 10 years, with the exception of 2005 which was an anomaly at $135,262....but given a relatively small sample, it can be expected to have these fluctuations.

Windsor Woods has averaged 18 home sales a year for the last 10 years with an average number of days on market of 106.

This study is not designed to be used for determining a value of a particular home within Windsor Woods. If you have a home in Windsor Woods and would like a complete Market Analysis done for you, I would be happy to meet with you and provide you with a study designed for your home. This study was done using data provided by the Upstar MLS, while it may not contain information regarding the homes sold privately by owners, it does represent a fair representation of the historical market trend in the neighborhood.

If you are contemplating selling or buying a home in Windsor Woods or the Northwest Allen county area, please contact me (260) 438-6389 bkuhns@cbrwg.com for the most up to date market information.

The following report is an annual review for Real Estate activity in the neighborhood of Windsor Woods. Located in Northwest Allen county Windsor Woods has 320 single family home sites. Originally platted in 1979 with the last of 7 sections being platted out in 1999.

2010 saw a drop in activity for the area with 11 non foreclosure/short sale homes being sold in 2010 in a range from $120,000 to $195,000. That's down from the 17 that sold in 2009. The median price per square foot was also down from the previous year to $70.77, but homes that did sell saw an improved days on market from 2009. The average cumulative days on market improved 79% year over year by dropping from 104 days in 2009 to 58 in 2010.

2010 like many markets also included some foreclosure and short sales in the neighborhood. 2010 had 4 such homes in Windsor Woods. 2 foreclosures at $58,000 and $147,000 and 2 short sales at $110,000 and $148,000. As a percentage of homes sold these distressed properties increased to 27% of all homes sold in Windsor Woods for 2010 up from the 19% in 2009 although there were a total of 4 in each year.

The Median Sales Price for the 11 non foreclosure/short sale homes in Windsor Woods in 2010 was $149,900. A slight drop from the $152,000 in 2009.

There are currently 6 homes on the market in Windsor Woods ranging in price from $142,000-$195,000. Windsor Woods is in the Northwest Allen county school district and is served by Eel River elementary, Carroll Middle school and the Carroll Freshman campus and High School

This report is solely intended to give a basic overview of the current market in Windsor Woods and should in no way be used to determine a value for a particular home. Many factors effect the pricing of a home that are not mentioned in this report. Contact me for a free market analysis of your home in Windsor Woods for a more in depth determination.

Don't buy or sell a home in Windsor Woods without contacting me first for the most up to date market information. I live in Windsor Woods, so I have a keen awareness of current market trends and a personal interest in the local market. I look forward to the opportunity of earning your business.

Brian Kuhns, REALTOR®

Coldwell Banker Roth Wehrly Graber

(260)438-6289

(260)489-2485 x8487

email: bkuhns@cbrwg.com

www.briankuhns.com

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