765 Hermes Cir, Lafayette, CO 80026, represents a specific slice of life in the charming city of Lafayette, Colorado. While this particular property is currently not on the market, its characteristics and the surrounding context offer valuable insights into the real estate landscape of the area. This article will explore the details of 765 Hermes Cir, compare it to similar properties, and delve into the broader market dynamics affecting homes in Lafayette, Colorado.
765 Hermes Cir, Lafayette, CO 80026: Property Details & Valuation
The subject property, 765 Hermes Cir, is a single-family home boasting 1,780 square feet of living space. Built in 1979, it features three bedrooms and two bathrooms. Its last sale occurred in 2021, indicating a history within the Lafayette market. The absence of a current listing price prevents a precise valuation, but analyzing comparable properties (comps) within the immediate vicinity allows for a reasonable estimate. Factors influencing value include lot size, condition, upgrades, and recent market trends. A thorough comparative market analysis (CMA) would be necessary to determine a current market value with accuracy. This would involve comparing the property's features to those of recently sold homes with similar characteristics in Lafayette, specifically considering the area around Hermes Circle.
While the specific details of the interior are unavailable without access to private listing information, the age of the home suggests it may benefit from potential modernizations. Buyers in this market segment often seek updated kitchens, bathrooms, and energy-efficient appliances. The lot size, also unavailable without further information, plays a significant role in determining overall desirability and value. A larger lot may command a higher price than a smaller one, especially in a desirable neighborhood like Lafayette.
Comparative Analysis: Similar Properties and Addresses
To gain a better understanding of the value of 765 Hermes Cir, it's essential to compare it to similar properties in the area. The addresses provided – 765 Hermes Crk, Lafayette, CO 80026; 765 Hermes Cir Lafayette, CO 80026 (a duplicate); and 765 Hermes Cir Lafayette CO 80026 (a duplicate) – are likely variations of the same address or potential errors. However, the inclusion of 765 Hermes Pl, Gretna, LA 70056, highlights the importance of precise address verification. This Gretna, Louisiana, address represents a completely different market with distinct property values and characteristics. Comparing properties across states would be inappropriate for a valuation of the Lafayette, Colorado, home.
A comprehensive search of Lafayette real estate listings would reveal comparable properties. These comparisons would focus on factors such as square footage, number of bedrooms and bathrooms, lot size, age, condition, and location. Analyzing recent sales prices of similar homes within a close radius of 765 Hermes Cir would provide a robust basis for estimating the current market value.
Lafayette, Colorado Real Estate Market Overview
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