Is now a good time to sell my house in The Roads?

Usually when the sale fits your life rather than the headlines. Your next move, your finances and the state of the house matter more than the month.

The The Roads numbers worth watching are time to contract, price cuts and what similar homes closed at, all of which a local agent or the public sale records can supply.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my house in The Roads as-is or fix it up first?

Fix only what will add more to the price than it costs. Sell as-is when the work would be large, slow or uncertain.

Older homes are the norm in The Roads and Brickell South. In our sample, two of two homes were built in 1980 or earlier, so an older house there competes mostly with other older houses. Older homes there also sell at a wider discount to new construction than the Florida median, 22.0 percent against 22.8 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my house in The Roads off-market?

Discretion, no preparation and control of the calendar.

  • No public listing. No MLS listing, no listing photos and no open house.
  • The house as it stands. No repairs, no staging and no deep clean before closing.
  • Your date. Close in a few weeks or a few months, whichever suits your next move.
  • One counterpart. You deal with one buyer, not a run of showings and counteroffers.

What you give up is reach. A listing shows the house to every active buyer at once, which can lift the price in a strong market. Should I Sell My House Off-Market? sets out both sides.

How fast can I sell my house in The Roads?

As fast as the title work allows, if you sell privately. You and the buyer set the closing date, and the title search and Florida’s closing documents set the floor.

A listing adds preparation, showings and negotiation up front, then the buyer’s inspection, appraisal and loan approval, any of which can push the date or end the deal.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

What does it cost to sell a house in The Roads?

Commission first, then transfer taxes, title and closing fees, and the repairs or credits a buyer asks for after inspection. Address District charges no commission.

On federal taxes, the IRS says an owner who owned and lived in the house as a main home for two of the five years before the sale may exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my house in The Roads off-market work?

In four steps, with no listing and no showings.

  1. You tell us about the house, by the offer form or by contacting us.
  2. Someone on our team reviews the house and the neighborhood and may ask to see it.
  3. You get an offer, with no obligation to accept it.
  4. If you accept, a title company or closing attorney handles the closing on the date you choose.

Before you sign anything, we tell you in writing who the buyer is.

What if my house in The Roads isn’t selling?

Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

How do I sell an inherited house in The Roads?

Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.

Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in Florida can explain the rest. More in How Do I Sell a House I Inherited?

How does The Roads compare with nearby neighborhoods?

Coral Way and Shenandoah, 1 mile away, has nine older homes among the 12 we sampled. Coconut Grove, 2 miles away, counts 25 older homes among the 30 we sampled. Little Havana and Shenandoah West, 2 miles away, shows one older home among the one we sampled. The Roads ranks tied for 550th nationally for older homes, behind two of them.

Every neighborhood in the index has its own page, and the Florida page lists all 202 in the state.

Do older homes in The Roads sell for less than new construction?

In our sample, yes. The average price of older homes in 33129 was 22.0 percent of the average price of new construction in the same ZIP code. The Florida median is 22.8 percent, and the index median is 23.1 percent. With two older homes behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

The Roads and Brickell South by the numbers

Older homes
2
of 2 homes sampled, built 1980 or earlier
Share of older homes
100.0%
Florida 52.6%. Index 49.0%.
Older vs new
22.0%
Older home price as a share of new construction
National rank
#550 (tie)
of 1,192 ZIP codes
State rank
#128
of 202 in Florida
Minimum lot
6,960 sq ft
As recorded in the source data

All two homes in the Address District sample for The Roads and Brickell South (33129) were built in 1980 or earlier. That places 33129 tied for 550th of 1,192 ZIP codes nationally for the number of older homes, and tied for 128th of 202 in Florida.

Across the 202 Florida ZIP codes in the index, 52.6 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

With two homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.

How 33129 compares

Share of older homes

Homes in the sample built in 1980 or earlier

33129 The Roads and Brickell South100.0%
Florida52.6%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

33129 The Roads and Brickell South22.0%
Florida median22.8%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
33145Coral Way / ShenandoahMiami, FL1 mi8975.0%
33133Coconut GroveMiami, FL2 mi1583.3%
33135Little Havana / Shenandoah WestMiami, FL2 mi883100.0%
33139South Beach / Flamingo-LummusMiami Beach, FL4 mi15250.0%
33127Wynwood / Buena VistaMiami, FL4 mi282100.0%
33137Edgewater / Upper EastsideMiami, FL4 mi223100.0%
33134Coral Gables / GranadaMiami, FL4 mi18845.5%
33149Key BiscayneMiami-Dade County, FL5 mi378100.0%

The top of Florida

State rankZIPPlaceHomesOlder homesShare
133629Palma Ceia / Sunset ParkTampa, FL534177.4%
234102Old Naples / Port Royal / Aqualane ShoresNaples, FL523771.2%
333432Downtown Boca / Boca Raton RivieraBoca Raton, FL443272.7%
433405West Palm BeachPalm Beach County, FL383181.6%
534145Marco IslandCollier County, FL372978.4%
633143South Miami / High PinesMiami, FL362569.4%
733133Coconut GroveMiami, FL302583.3%
832459Santa Rosa BeachWalton County, FL992121.2%
933156Pinecrest / North PinecrestMiami, FL252184.0%
1034239Southside Village / Cherokee ParkSarasota, FL281967.9%

All 202 Florida ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.