550 Periwinkle Ln Santa Barbara, CA 93108

550 Periwinkle Ln is currently an off market home in the city of Santa Barbara. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Santa Barbara has a median list price of $3,995,000. The median price per/sqft for Santa Barbara is $1,492. With those numbers in mind, if you are looking to purchase a median priced home in Santa Barbara, CA and put 20% down you will need to save up $799,000 for the down payment and will need roughly $79,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Santa Barbara the commission could be as much as $212,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Continue Reading