Versailles in Wellington FL | Homes for Sale | Market Report June 2016

Versailles in Wellington FL | Homes for Sale |  Market Report June 2016

Versailles in Wellington Florida undoubtedly, has the most amazing prices in the country for mini mansions! When looking for homes for sale in Wellington Florida, where else can you find properties with stunning renaissance style architecture covering over 5000 square feet under air priced for less than a million dollars? These are remarkable values.

Often buyers ask why are the prices so low in Versailles in Wellington Florida and if the prices are that low, what is wrong with the community or the homes? Well, we say one man’s folly is another man’s opportunity! It was during the pinnacle of the boom in Wellington Florida that Versailles in Wellington Florida had started to be built. At that time, houses in the state were selling for over $1,000,000.

Generally, what happened was individuals and speculators bought several homes almost during the same time as they dreamt of flipping these pre-construction McMansions for over $100,000 in quick profits. They took risks on putting the properties up for sale even before the builders finished them and before they closed on their loans. These people just got entangled when the bubble burst unexpectedly. At that point, in Versailles in Wellington Florida, mortgage fraud was also prevalent. Unsurprisingly, the people did not have funds to pay for all the house payments of the costly homes.

Most of these homes were selling from $1,000,000 to over $3,000,000 during the boom.  For a budget of less than a million dollars, it was extremely difficult to find a home for sale. Now, on the other hand, you can pretty much name your price and reside in this wonderful secured and gated community of Versailles in Wellington Florida.

Versailles is close to elementary, middle, and high schools, the Wellington Regional Hospital, and the Wellington Green Mall which gives you access to all the restaurants and shops you want right at your back door. Whole Foods is also just literally two minutes away, so if you love healthy organic meals, you can whip up dishes to your heart’s content as often as you want! Likewise, you’ll have convenient access to the Florida Turnpike and you are right off of State Road 7 or 441 as well.

The clubhouse is more lavish than a resort as it is astoundingly complete with a lush pool and spa, a state of the art fitness center, a spacious recreation room, fun kiddy areas, and more. The entrance and the clubhouse, just by itself, cost over $3,000,000 to build!

Have fun and play a friendly game of tennis or shoot some hoops on the basketball courts with one of the many welcoming neighbors you’ll meet in Versailles. The clubhouse is equipped with an amusing game room, an extensive library, a modern business center and more.

Soak in the sun around the resort style pool and spa. Have a fun get together with neighbors, families and friends. The tree lined roads are filled with upscale Palm Trees and exquisite landscaping that make you feel like you are vacationing on some exotic island resort complete with a 24/7 secured and guarded gate.

Take pleasure in the amazing lakes and relaxing walk ways Versailles has to offer. The development is divided into various smaller sections in island-like settings. There are over 450 homes in the Versailles in Wellington Florida development.

Market Report June 2016

Currently, there are 28 homes for sale in Versailles in Wellington Fl   with living space ranging from 2,494 square feet to 8,979 square feet. As for the price range, it varies from $469,900 to up to $1,177,000. There are 3 homes under contract in this community. Of the homes, 2 are traditional sales and 1 is a bank owned/REO property.  

Versailles Homes for Sale in Wellington Fl:

•       26 Homes – Traditional Sales – Average List Price: $686,446
•       No Short Sales
•       2 Homes –  Bank Owned/REO Properties – Average List Price: $764,400

There were 7 homes sold in the community of Versailles in Wellington FL during June 2016. These homes were listed for the average price of $1,056,557. After staying on the market for 269 days overall, they were then sold for $928,429. There were 3 pending sales at that time. The homes were listed for the average price of $552,667 and stayed on the market for 61 days overall.

There were 3 homes sold in the community during the same period last year. These homes were listed for the average price of $481,300. After staying on the market for 84 days overall, they were then sold for $462,500. There were 8 pending sales at that time. The homes were listed for the average price of $508,375 and they stayed on the market for 162 days overall.

For more information on homes for sale in Versailles in Wellington Florida, please call us, Katerina Gasset , at 561-502-1577. Katerina Gasset offers exclusive equestrian buyer representation for horse enthusiasts. We have all the tools to search for the right home for you. Allow us to provide all the tools and information you need to satisfy your real estate needs in Wellington the Equestrian Capital of the World.

Versailles in Wellington FL | Homes for Sale | Market Report May 2016

Versailles in Wellington FL | Homes for Sale |  Market Report May 2016

Versailles in Wellington Florida undoubtedly, has the most amazing prices in the country for mini mansions! When looking for homes for sale in Wellington Florida, where else can you find properties with stunning renaissance style architecture covering over 5000 square feet under air priced for less than a million dollars? These are remarkable values.

Often buyers ask why are the prices so low in Versailles in Wellington Florida and if the prices are that low, what is wrong with the community or the homes? Well, we say one man’s folly is another man’s opportunity! It was during the pinnacle of the boom in Wellington Florida that Versailles in Wellington Florida had started to be built. At that time, houses in the state were selling for over $1,000,000.

Generally, what happened was individuals and speculators bought several homes almost during the same time as they dreamt of flipping these pre-construction McMansions for over $100,000 in quick profits. They took risks on putting the properties up for sale even before the builders finished them and before they closed on their loans. These people just got entangled when the bubble burst unexpectedly. At that point, in Versailles in Wellington Florida, mortgage fraud was also prevalent. Unsurprisingly, the people did not have funds to pay for all the house payments of the costly homes.

Most of these homes were selling from $1,000,000 to over $3,000,000 during the boom.  For a budget of less than a million dollars, it was extremely difficult to find a home for sale. Now, on the other hand, you can pretty much name your price and reside in this wonderful secured and gated community of Versailles in Wellington Florida.

Versailles is close to elementary, middle, and high schools, the Wellington Regional Hospital, and the Wellington Green Mall which gives you access to all the restaurants and shops you want right at your back door. Whole Foods is also just literally two minutes away, so if you love healthy organic meals, you can whip up dishes to your heart’s content as often as you want! Likewise, you’ll have convenient access to the Florida Turnpike and you are right off of State Road 7 or 441 as well.

The clubhouse is more lavish than a resort as it is astoundingly complete with a lush pool and spa, a state of the art fitness center, a spacious recreation room, fun kiddy areas, and more. The entrance and the clubhouse, just by itself, cost over $3,000,000 to build!

Have fun and play a friendly game of tennis or shoot some hoops on the basketball courts with one of the many welcoming neighbors you’ll meet in Versailles. The clubhouse is equipped with an amusing game room, an extensive library, a modern business center and more.

Soak in the sun around the resort style pool and spa. Have a fun get together with neighbors, families and friends. The tree lined roads are filled with upscale Palm Trees and exquisite landscaping that make you feel like you are vacationing on some exotic island resort complete with a 24/7 secured and guarded gate.

Take pleasure in the amazing lakes and relaxing walk ways Versailles has to offer. The development is divided into various smaller sections in island-like settings. There are over 450 homes in the Versailles in Wellington Florida development.

Market Report May 2016

Currently, there are 19 homes for sale in Versailles in Wellington Fl   with living space ranging from 2,549 square feet to 5,787 square feet. As for the price range, it varies from $510,000 to up to $1,177,000. There are 2 homes under contract in this community. Of these homes, 1 is a traditional sale and 1 is a bank owned/REO property.

Versailles Homes for Sale in Wellington Fl:

•        18 Homes – Traditional Sales – Average List Price: $733,544
•        No Short Sales
•        1 Home –  Bank Owned/REO Property – Current List Price: $528,900

There was 1 home sold in the community of Versailles in Wellington FL during May 2016. It was listed for $1,190,000. After staying on the market for 198 days, it was then sold for $1,185,000. There were 4 pending sales in the community. The homes were listed for the average price of $852,950 and they stayed on the market for 150 days overall.

There were 3 homes sold in the community during the same period last year. These homes were listed for the average price of $779,633. After staying on the market for 113 days overall, they were then sold for $727,333. There were 2 pending sales in the community at that time. The homes were listed for the average price of $472,450 and they stayed on the market for 79 days overall.

For more information on homes for sale in Versailles in Wellington Florida, please call us, Katerina Gasset , at 561-502-1577. Katerina Gasset offers exclusive equestrian buyer representation for horse enthusiasts. We have all the tools to search for the right home for you. Allow us to provide all the tools and information you need to satisfy your real estate needs in Wellington the Equestrian Capital of the World.

Versailles in Wellington FL | Homes for Sale | Market Report April 2016

Versailles in Wellington FL | Homes for Sale |  Market Report April 2016

Versailles in Wellington Florida undoubtedly, has the most amazing prices in the country for mini mansions! When looking for homes for sale in Wellington Florida, where else can you find properties with stunning renaissance style architecture covering over 5000 square feet under air priced for less than a million dollars? These are remarkable values.

Often buyers ask why are the prices so low in Versailles in Wellington Florida and if the prices are that low, what is wrong with the community or the homes? Well, we say one man’s folly is another man’s opportunity! It was during the pinnacle of the boom in Wellington Florida that Versailles in Wellington Florida had started to be built. At that time, houses in the state were selling for over $1,000,000.

Generally, what happened was individuals and speculators bought several homes almost during the same time as they dreamt of flipping these pre-construction McMansions for over $100,000 in quick profits. They took risks on putting the properties up for sale even before the builders finished them and before they closed on their loans. These people just got entangled when the bubble burst unexpectedly. At that point, in Versailles in Wellington Florida, mortgage fraud was also prevalent. Unsurprisingly, the people did not have funds to pay for all the house payments of the costly homes.

Most of these homes were selling from $1,000,000 to over $3,000,000 during the boom.  For a budget of less than a million dollars, it was extremely difficult to find a home for sale. Now, on the other hand, you can pretty much name your price and reside in this wonderful secured and gated community of Versailles in Wellington Florida.

Versailles is close to elementary, middle, and high schools, the Wellington Regional Hospital, and the Wellington Green Mall which gives you access to all the restaurants and shops you want right at your back door. Whole Foods is also just literally two minutes away, so if you love healthy organic meals, you can whip up dishes to your heart’s content as often as you want! Likewise, you’ll have convenient access to the Florida Turnpike and you are right off of State Road 7 or 441 as well.

The clubhouse is more lavish than a resort as it is astoundingly complete with a lush pool and spa, a state of the art fitness center, a spacious recreation room, fun kiddy areas, and more. The entrance and the clubhouse, just by itself, cost over $3,000,000 to build!

Have fun and play a friendly game of tennis or shoot some hoops on the basketball courts with one of the many welcoming neighbors you’ll meet in Versailles. The clubhouse is equipped with an amusing game room, an extensive library, a modern business center and more.

Soak in the sun around the resort style pool and spa. Have a fun get together with neighbors, families and friends. The tree lined roads are filled with upscale Palm Trees and exquisite landscaping that make you feel like you are vacationing on some exotic island resort complete with a 24/7 secured and guarded gate.

Take pleasure in the amazing lakes and relaxing walk ways Versailles has to offer. The development is divided into various smaller sections in island-like settings. There are over 450 homes in the Versailles in Wellington Florida development.

Market Report April 2016

Currently, there are 21 homes for sale in Versailles in Wellington Fl   with living space ranging from 2,549 square feet to 5,787 square feet. As for the price range, it varies from $479,900 to up to $1,177,000. There are no homes under contract in this community.

Versailles Homes for Sale in Wellington Fl:

•        20 Homes – Traditional Sales – Average List Price: $691,175
•        No Short Sales
•        1 Home –  Bank Owned/REO Property – Current List Price: $528,900

There were 4 homes sold in the community of Versailles in Wellington FL during April 2016. These homes were listed for the average price of $795,498. After staying on the market for 118 days overall, they were then sold for $758,750. There was 1 pending sale in the community. The home was listed for $2,325,000 and it stayed on the market for 111 days.

There were 2 homes sold in the community during the same period last year. These homes were listed for the average price of $488,350. After staying on the market for 84 days overall, they were then sold for $465,000. There were no pending sales in the community at that time.

For more information on homes for sale in Versailles in Wellington Florida, please call us, Katerina Gasset , at 561-502-1577. Katerina Gasset offers exclusive equestrian buyer representation for horse enthusiasts. We have all the tools to search for the right home for you. Allow us to provide all the tools and information you need to satisfy your real estate needs in Wellington the Equestrian Capital of the World.

Versailles in Wellington FL | Homes for Sale | Market Report March 2016

Versailles in Wellington FL | Homes for Sale |  Market Report March 2016

Versailles in Wellington Florida undoubtedly, has the most amazing prices in the country for mini mansions! When looking for homes for sale in Wellington Florida, where else can you find properties with stunning renaissance style architecture covering over 5000 square feet under air priced for less than a million dollars? These are remarkable values.

Often buyers ask why are the prices so low in Versailles in Wellington Florida and if the prices are that low, what is wrong with the community or the homes? Well, we say one man’s folly is another man’s opportunity! It was during the pinnacle of the boom in Wellington Florida that Versailles in Wellington Florida had started to be built. At that time, houses in the state were selling for over $1,000,000.

Generally, what happened was individuals and speculators bought several homes almost during the same time as they dreamt of flipping these pre-construction McMansions for over $100,000 in quick profits. They took risks on putting the properties up for sale even before the builders finished them and before they closed on their loans. These people just got entangled when the bubble burst unexpectedly. At that point, in Versailles in Wellington Florida, mortgage fraud was also prevalent. Unsurprisingly, the people did not have funds to pay for all the house payments of the costly homes.

Most of these homes were selling from $1,000,000 to over $3,000,000 during the boom.  For a budget of less than a million dollars, it was extremely difficult to find a home for sale. Now, on the other hand, you can pretty much name your price and reside in this wonderful secured and gated community of Versailles in Wellington Florida.

Versailles is close to elementary, middle, and high schools, the Wellington Regional Hospital, and the Wellington Green Mall which gives you access to all the restaurants and shops you want right at your back door. Whole Foods is also just literally two minutes away, so if you love healthy organic meals, you can whip up dishes to your heart’s content as often as you want! Likewise, you’ll have convenient access to the Florida Turnpike and you are right off of State Road 7 or 441 as well.

The clubhouse is more lavish than a resort as it is astoundingly complete with a lush pool and spa, a state of the art fitness center, a spacious recreation room, fun kiddy areas, and more. The entrance and the clubhouse, just by itself, cost over $3,000,000 to build! Have fun and play a friendly game of tennis or shoot some hoops on the basketball courts with one of the many welcoming neighbors you’ll meet in Versailles. The clubhouse is equipped with an amusing game room, an extensive library, a modern business center and more.

Soak in the sun around the resort style pool and spa. Have a fun get together with neighbors, families and friends. The tree lined roads are filled with upscale Palm Trees and exquisite landscaping that make you feel like you are vacationing on some exotic island resort complete with a 24/7 secured and guarded gate.

Take pleasure in the amazing lakes and relaxing walk ways Versailles has to offer. The development is divided into various smaller sections in island-like settings. There are over 450 homes in the Versailles in Wellington Florida development.

Market Report March 2016

Currently, there are 24 homes for sale in Versailles in Wellington Fl with living space ranging from 2,549 square feet to 7,544 square feet. As for the price range, it varies from $498,000 to up to $2,325,000. There is 1 home under contract in this community and it is a traditional sale

Versailles Homes for Sale in Wellington Fl:

•        22 Homes – Traditional Sales – Average List Price: $869,614
•         1 Home – Short Sale – Current List Price: $665,000
•        1 Home –  Bank Owned/REO Property – Current List Price: $538,90o 

There were 2 homes sold in the community of Versailles in Wellington FL during March 2016. These homes were listed for the average price of $537,500. After staying on the market for 31 days overall, they were then sold for $568,500. There were 2 pending sales at that time. The homes were listed for the average price of $757,500 and stayed on the market for 200 days overall.

There were 3 homes sold in the community during the same period last year. These homes were listed for the average price of $465,500. After staying on the market for 108 days overall, they were then sold for $427,483. There were 5 pending sales at that time. The homes were listed for the average price of $622,400 and they stayed on the market for 101 days overall.

For more information on homes for sale in Versailles in Wellington Florida, please call us, Katerina Gasset , at 561-502-1577. Katerina Gasset offers exclusive equestrian buyer representation for horse enthusiasts. We have all the tools to search for the right home for you. Allow us to provide all the tools and information you need to satisfy your real estate needs in Wellington the Equestrian Capital of the World.

Versailles in Wellington FL | Homes for Sale | Market Report February 2016

Versailles in Wellington FL | Homes for Sale |  Market Report February 2016

Versailles in Wellington Florida undoubtedly, has the most amazing prices in the country for mini mansions! When looking for homes for sale in Wellington Florida, where else can you find properties with stunning renaissance style architecture covering over 5000 square feet under air priced for less than a million dollars? These are remarkable values.

Often buyers ask why are the prices so low in Versailles in Wellington Florida and if the prices are that low, what is wrong with the community or the homes? Well, we say one man’s folly is another man’s opportunity! It was during the pinnacle of the boom in Wellington Florida that Versailles in Wellington Florida had started to be built. At that time, houses in the state were selling for over $1,000,000.

Generally, what happened was individuals and speculators bought several homes almost during the same time as they dreamt of flipping these pre-construction McMansions for over $100,000 in quick profits. They took risks on putting the properties up for sale even before the builders finished them and before they closed on their loans. These people just got entangled when the bubble burst unexpectedly. At that point, in Versailles in Wellington Florida, mortgage fraud was also prevalent. Unsurprisingly, the people did not have funds to pay for all the house payments of the costly homes.

Most of these homes were selling from $1,000,000 to over $3,000,000 during the boom.  For a budget of less than a million dollars, it was extremely difficult to find a home for sale. Now, on the other hand, you can pretty much name your price and reside in this wonderful secured and gated community of Versailles in Wellington Florida.

Versailles is close to elementary, middle, and high schools, the Wellington Regional Hospital, and the Wellington Green Mall which gives you access to all the restaurants and shops you want right at your back door. Whole Foods is also just literally two minutes away, so if you love healthy organic meals, you can whip up dishes to your heart’s content as often as you want! Likewise, you’ll have convenient access to the Florida Turnpike and you are right off of State Road 7 or 441 as well.

The clubhouse is more lavish than a resort as it is astoundingly complete with a lush pool and spa, a state of the art fitness center, a spacious recreation room, fun kiddy areas, and more. The entrance and the clubhouse, just by itself, cost over $3,000,000 to build! Have fun and play a friendly game of tennis or shoot some hoops on the basketball courts with one of the many welcoming neighbors you’ll meet in Versailles. The clubhouse is equipped with an amusing game room, an extensive library, a modern business center and more.

Soak in the sun around the resort style pool and spa. Have a fun get together with neighbors, families and friends. The tree lined roads are filled with upscale Palm Trees and exquisite landscaping that make you feel like you are vacationing on some exotic island resort complete with a 24/7 secured and guarded gate. Take pleasure in the amazing lakes and relaxing walk ways Versailles has to offer. The development is divided into various smaller sections in island-like settings. There are over 450 homes in the Versailles in Wellington Florida development.

Market Report February 2016

Currently, there are 21 homes for sale in Versailles in Wellington Fl with living space ranging from 2,549 square feet to 7,544 square feet. As for the price range, it varies from $498,000 to up to $2,325,000. There is 1 home under contract in this community and it is a traditional sale.

Versailles Homes for Sale in Wellington Fl:

•        19 Homes – Traditional Sales – Average List Price: $995,484
•         1 Home – Short Sale – Current List Price: $695,000
•        1 Home –  Bank Owned/REO Property – Current List Price: $542,500o 

There were 2 home sold in the community of Versailles in Wellington FL during February 2016. This home was listed for $1,199,000. After staying on the market for 103 days, it was then sold for $1,075,000. There was 1 pending sale at that time. This home was listed for $425,000 and it stayed on the market for 5 days.

There were 2 homes sold in the community during the same period last year. These homes were listed for the average price of $607,500. After staying on the market for 29 days overall, they were then sold for $575,000. There was 1 pending sale at that time. The home was also listed for $425,000 and stayed on the market for 34 days.

For more information on homes for sale in Versailles in Wellington Florida, please call us, Katerina Gasset , at 561-502-1577. Katerina Gasset offers exclusive equestrian buyer representation for horse enthusiasts. We have all the tools to search for the right home for you. Allow us to provide all the tools and information you need to satisfy your real estate needs in Wellington the Equestrian Capital of the World.

Versailles in Wellington FL | Homes for Sale | Market Report January 2016

Versailles in Wellington FL | Homes for Sale |  Market Report January 2016

Versailles in Wellington Florida undoubtedly, has the most amazing prices in the country for mini mansions! When looking for homes for sale in Wellington Florida, where else can you find properties with stunning renaissance style architecture covering over 5000 square feet under air priced for less than a million dollars? These are remarkable values.

Often buyers ask why are the prices so low in Versailles in Wellington Florida and if the prices are that low, what is wrong with the community or the homes? Well, we say one man’s folly is another man’s opportunity! It was during the pinnacle of the boom in Wellington Florida that Versailles in Wellington Florida had started to be built. At that time, houses in the state were selling for over $1,000,000.

Generally, what happened was individuals and speculators bought several homes almost during the same time as they dreamt of flipping these pre-construction McMansions for over $100,000 in quick profits. They took risks on putting the properties up for sale even before the builders finished them and before they closed on their loans. These people just got entangled when the bubble burst unexpectedly. At that point, in Versailles in Wellington Florida, mortgage fraud was also prevalent. Unsurprisingly, the people did not have funds to pay for all the house payments of the costly homes.

Most of these homes were selling from $1,000,000 to over $3,000,000 during the boom.  For a budget of less than a million dollars, it was extremely difficult to find a home for sale. Now, on the other hand, you can pretty much name your price and reside in this wonderful secured and gated community of Versailles in Wellington Florida.

Versailles is close to elementary, middle, and high schools, the Wellington Regional Hospital, and the Wellington Green Mall which gives you access to all the restaurants and shops you want right at your back door. Whole Foods is also just literally two minutes away, so if you love healthy organic meals, you can whip up dishes to your heart’s content as often as you want! Likewise, you’ll have convenient access to the Florida Turnpike and you are right off of State Road 7 or 441 as well.

The clubhouse is more lavish than a resort as it is astoundingly complete with a lush pool and spa, a state of the art fitness center, a spacious recreation room, fun kiddy areas, and more. The entrance and the clubhouse, just by itself, cost over $3,000,000 to build! Have fun and play a friendly game of tennis or shoot some hoops on the basketball courts with one of the many welcoming neighbors you’ll meet in Versailles. The clubhouse is equipped with an amusing game room, an extensive library, a modern business center and more.

Soak in the sun around the resort style pool and spa. Have a fun get together with neighbors, families and friends. The tree lined roads are filled with upscale Palm Trees and exquisite landscaping that make you feel like you are vacationing on some exotic island resort complete with a 24/7 secured and guarded gate. Take pleasure in the amazing lakes and relaxing walk ways Versailles has to offer. The development is divided into various smaller sections in island-like settings. There are over 450 homes in the Versailles in Wellington Florida development.

Market Report January 2016

Currently, there are 20 homes for sale in Versailles in Wellington Fl with living space ranging from 3,077 square feet to 7,544 square feet. As for the price range, it varies from $498,000 to up to $2,325,000. There are no homes under contract in this community.

Versailles Homes for Sale in Wellington Fl:

•        19 Homes – Traditional Sales – Average List Price: $988,589
•         1 Home – Short Sale – Current List Price: $695,000
•        No Bank Owned/ REO Properties

There were 3 homes sold in the community of Versailles in Wellington FL during January 2016. These homes were listed for $831,333. After staying on the market for 57 days overall, the homes were then sold for the average price of $728,583. There was 1 pending sale at that time. This home was listed for $650,000 and it stayed on the market for just 1 day.

There were 2 homes sold in the community during the same period last year. These homes were listed for the average price of $999,500. After staying on the market for 68 days overall, they were then sold for $910,000. There were 4 pending sales at that time. The homes were listed for the average price of $455,750 and stayed on the market for 104 days overall.

For more information on homes for sale in Versailles in Wellington Florida, please call us, Katerina Gasset , at 561-502-1577. Katerina Gasset offers exclusive equestrian buyer representation for horse enthusiasts. We have all the tools to search for the right home for you. Allow us to provide all the tools and information you need to satisfy your real estate needs in Wellington the Equestrian Capital of the World.

Versailles in Wellington FL | Homes for Sale | Market Report December 2015

Versailles in Wellington FL | Homes for Sale |  Market Report December 2015

Versailles in Wellington Florida undoubtedly, has the most amazing prices in the country for mini mansions! When looking for homes for sale in Wellington Florida, where else can you find properties with stunning renaissance style architecture covering over 5000 square feet under air priced for less than a million dollars? These are remarkable values.

Often buyers ask why are the prices so low in Versailles in Wellington Florida and if the prices are that low, what is wrong with the community or the homes? Well, we say one man’s folly is another man’s opportunity! It was during the pinnacle of the boom in Wellington Florida that Versailles in Wellington Florida had started to be built. At that time, houses in the state were selling for over $1,000,000.

Generally, what happened was individuals and speculators bought several homes almost during the same time as they dreamt of flipping these pre-construction McMansions for over $100,000 in quick profits. They took risks on putting the properties up for sale even before the builders finished them and before they closed on their loans. These people just got entangled when the bubble burst unexpectedly. At that point, in Versailles in Wellington Florida, mortgage fraud was also prevalent. Unsurprisingly, the people did not have funds to pay for all the house payments of the costly homes.

Most of these homes were selling from $1,000,000 to over $3,000,000 during the boom.  For a budget of less than a million dollars, it was extremely difficult to find a home for sale. Now, on the other hand, you can pretty much name your price and reside in this wonderful secured and gated community of Versailles in Wellington Florida.

Versailles is close to elementary, middle, and high schools, the Wellington Regional Hospital, and the Wellington Green Mall which gives you access to all the restaurants and shops you want right at your back door. Whole Foods is also just literally two minutes away, so if you love healthy organic meals, you can whip up dishes to your heart’s content as often as you want! Likewise, you’ll have convenient access to the Florida Turnpike and you are right off of State Road 7 or 441 as well.

The clubhouse is more lavish than a resort as it is astoundingly complete with a lush pool and spa, a state of the art fitness center, a spacious recreation room, fun kiddy areas, and more. The entrance and the clubhouse, just by itself, cost over $3,000,000 to build! Have fun and play a friendly game of tennis or shoot some hoops on the basketball courts with one of the many welcoming neighbors you’ll meet in Versailles. The clubhouse is equipped with an amusing game room, an extensive library, a modern business center and more.

Soak in the sun around the resort style pool and spa. Have a fun get together with neighbors, families and friends. The tree lined roads are filled with upscale Palm Trees and exquisite landscaping that make you feel like you are vacationing on some exotic island resort complete with a 24/7 secured and guarded gate. Take pleasure in the amazing lakes and relaxing walk ways Versailles has to offer. The development is divided into various smaller sections in island-like settings. There are over 450 homes in the Versailles in Wellington Florida development.

Market Report December 2015

Currently, there are 17 homes for sale in Versailles in Wellington Fl with living space ranging from 3,077 square feet to 7,544 square feet. As for the price range, it varies from $435,000 to up to $2,395,850. There is 1 home under contract in this community and it is a traditional sale.

Versailles Homes for Sale in Wellington Fl:

•        17 Homes – Traditional Sales – Average List Price: $1,030,464
•        N0 Short Sales
•        No Bank Owned/ REO Properties

There was 1 home sold in the community of Versailles in Wellington FL during December 2015. The home was listed for $639,000. After staying on the market for 103 days, it was then sold for $620,000. There were 3 homes sold in the community during the same period last year. These homes were listed for $518,167. After staying on the market for 120 days, it was then sold for $493,333 overall.

There were 4 pending sales at that time. The homes were listed for the average price of $622,775 and stayed on the market for 50 days overall. During December 2015, there was 1 pending sale in the community of Versailles in Wellington FL. The home was listed for $749,000 and it stayed on the market for 80 days.

For more information on homes for sale in Versailles in Wellington Florida, please call us, Katerina Gasset , at 561-502-1577. Katerina Gasset offers exclusive equestrian buyer representation for horse enthusiasts. We have all the tools to search for the right home for you. Allow us to provide all the tools and information you need to satisfy your real estate needs in Wellington the Equestrian Capital of the World.