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Bradbury is a Mobile residential neighborhood located along the West side of Cody Road between Cottage Hill and Grelot Roads. Bradbury adjoins the newer subdivision, Charlanda Estates. Bradbury is conveniently located to grocery and retailer stores located along Airport Boulevard as well as easily accessible to schools, the Mobile Regional Airport and Providence Hospital within a reasonable timeframe.

The majority of homes within Bradbury were built between 1993 and 2000. Bradbury homes typically have property values ranging from $200,000-$325,000 depending on age, condition and heated & cooled gross living area according to online records. The majority of Bradbury homes are 4 bedrooms with 2 or 3 full bathrooms and a square footage ranging from 2,500 to 3,300. Bradbury has an overall stable marketplace with very few turnovers at this time.

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BRADBURY ENTRANCE

Are you thinking about selling your home in Bradbury and curious about your property value before placing on the open market? Do you disagree with the Mobile County Tax Assessor’s value? Would you like to hire a Certified Residential Real Estate Appraiser with over 35 years of experience? Then, call Al Cheney at 251-533-2424 today! Your appraisal fee for a typical, nonfinancial, straightforward report will be only $250! Complex or special requirement residential properties will require a quote from Al Cheney. Call today for your appraisal quote, 251-533-2424!

The Daphne, Alabama Lake Forest development is the largest residential community in BlogWebPhoto-LakeForest-10162009 [08]the State of Alabama. Lake Forest has around 3,400 property owners with approximately $38 dues per lot. This PUD development has a clubhouse, golf courses, horseback riding stables, swimming pools, tennis courts and a yacht club on Mobile Bay. Lake Forest is located on the south side of U. S. Interstate Highway 10, east side of U. S. Highway 98, and located near major regional shopping centers.

Lake Forest is conveniently located near Historic Downtown Mobile, Alabama by traveling about 15 minutes west across the I-10 Bay-Way. Gulf Shores, Orange Beach and Alabama’s white sandy beaches and blue-green waters of the Gulf of Mexico are located only about a 35-minute drive south southeast.

Currently, Lake Forest has at least thirty-eight (38) activeBlogWebPhoto-LakeForest-10162009 [01] MLS (Multiple Listing Service) REALTOR listings. Most of the listed homes have 1,300 to 3,000+ square feet (varies from unit to unit) and the asking prices will primarily range from $125,000 to $255,000.

There have been around forty-eight (48) MLS home sales in the past twelve months according to the Baldwin County Association of REALTORS. The vast majority of these Lake Forest home sales ranged from $75,000 and $210,000.

The Sales Per Month Absorption Rate is currently 4.33 homes per month in Lake Forest. With 38 active listings, the current housing supply is 8.78 months (38 active listings divided by 4.33 home sales per month).

Lake Forest ‘s Median Comparable Sale Price is now $108,000 compared to $120,000 foBlogWebPhoto-LakeForest-10162009 [06]ur to six months ago. The days on market (dom) appears to mostly range from 96 days to 147 days over the past 12 months.

Lake Forest ‘s Median Sale Price as percentage of list price has slipped slightly over the past twelve (12) months: 96.445%, 7-12 months ago; 96.077%, 4-6 months ago; past 3 months, 94.943%.

For more information about Lake Forest, go to this weblink, http://www.lakeforestpoa.com/.

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Albert Cheney, Cheney Appraisal Services, covers the Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama. Albert Cheney is an active Certified Residential Real Property Appraiser and FHA Approved Appraiser with 35+ years experience in the real estate industry.

Call Albert Cheney at (251) 533-2424 or Albert@CheneyAppraisalServices.com if you require more information about Alabama real estate and ordering a “Certified” real estate appraisal report.

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