Koa Lagoon #404 Estimation of Value as of 1/7/2021
Based on the comparable sales and activity in the overall market based on the sales in Koa Lagoon. I would estimate the market Value of Koa Lagoon #404 a 2 bedroom 2 bath Condominium unit in Kihei Maui Hawaii to be: $1,025,000 See attached supporting documentation along with the property Title report. This year has been an interesting year in all real estate markets. Two of the sales used to provide this estimate were under contract pre-covid and were in renovated condition. A 1 bedroom was also used and value adjusted based on square footage. There was also an unrenovated unit that was 2 floors lower that was also used. This unit was put under contract Mid Covid pandemic and shows a softening in the market, It my estimation the softening is temporary adjustments to value have been made accordingly. Thomas Tezak Broker Owner Wailea Realty + Windermere Real Estate 808-280-2055
The Shops at Wailea, 3750 Wailea Alanui B-16, Wailea, Maui, Hawaii, 96753