Are you looking for a home for less than $500,000 that is in-town and completely renovated with all the newest amenities you could want in a home?
Well, Waverly Hills is a very popular Midtown Tallahassee neighborhood that contains many perfect homes that are ready for this type of renovation.
The down-side is it will take several months for you to take on a renovation project, but the upsides are enormous.
If you have the patience to renovate a home in Waverly Hills in 2017, you will (if you plan wisely) gain equity and end up with a home that has the features that YOU desire in a home.
With roughly 380 homes in the neighborhood, built mostly in the 1950s and 1960s, Waverly Hills consistently presents new renovation opportunities for homebuyers who are not on a tight time schedule.
Why?
Location, location, and location. Waverly Hills is where you want to be in Tallahassee.
Waverly Hills is served by the following Leon County Schools:
Homes For Sale
The following list of homes are the most recent listings in Waverly Hills.
Waverly Hills
Waverly Hills
In this report, we will look at average home prices, average home values, and average home sizes in Waverly Hills, as well as show all closed home sales going back to 1991.
For each of the three real estate graphs found in this report, you will find the number of closed home sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic shown in blue (measured on the right vertical axis).
It is important to note that the narrative contained below is for sales through December for all previous years, but through November in 2016. The graphs and the closed sales table will be continuously updated into the future (meaning bookmark this page if you always want to know the current status of homes in the Waverly Hills).
Home Price Trends
Waverly Hills average home price is $306,500 thus far in 2016. Of course, as a neighborhood which has homes with “effective” ages from zero to 60+ years, the “average” price is greatly influenced by what has been offered more so than what buyers are buying. Buyers are buying everything.
The reality is that prices will go for as low as below $200,000 for smaller un-renovated homes, to as high as $600,000 for fully renovated homes on well manicured lots. The home featured in the image above is a classic example of a home that will sell for well above $500,000 after it has been renovated. And you can pick it up today for less than half of that!
Average Home Price
Average Home Price
Home sales activity has been scorching hot in Waverly Hills this year. When all the dust settles on 2016, Waverly Hills will have sold more homes than in any year prior going back to 2005 and will be the fifth best year going back to 1991.
Home Value Trends
Average home values in Waverly Hills have shot up 8% so far in 2016 when compared to last year’s average. Much like prices though, values will fluctuate based upon the mix of renovated to non-renovated properties that hit the market.
Regardless of how this graph moves, Waverly Hills are appreciating right now. It will be rare to find a Waverly Hills renovated home for less than $200 per foot in the coming years. In other words, whether you can afford to renovate now or not, buy now and secure this fabulous in-town location while homes are priced below land values. Renovate the home when you can.
Average Home Value
Average Home Value
In 2016, the average value of a home sold in Waverly Hills has been $130 per square foot.
Where is the Tallahassee market headed?
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Home Size Trends
The average home size sold in Waverly Hills typically falls in a range of 2,000 to 2,400 square feet, and this year’s sales are just above the high end of this range.
Average Home Size
Average Home Size
The 22 home sales in 2016 have averaged 2,432 square feet. As more homes are renovated and enhanced, expect to see the average size of these homes grow too. You can always change the house, but this location will NEVER be duplicated again.
If you want a large home at a great price, Waverly Hills continues to deliver a great value in the Tallahassee real estate market.
Past Home Sales
The following list shows home sales in Waverly Hills going back to 1991.
Home Sales in Waverly Hills
| Address | Price | Price / SQF | Closing Date | Year Built | SQF | Sale Type |
|---|---|---|---|---|---|---|
| 2938 Abbotsford Way | $500,000 | $181 | 2026-10-01 | 1978 | 2,757 | Resale |
| 710 Waverly Rd | $500,000 | $167 | 2026-08-26 | 1954 | 3,003 | Resale |
| 2909 Brandemere Dr | $689,000 | $260 | 2026-07-30 | 1965 | 2,650 | Resale |
| 503 Coldstream Dr | $525,000 | $279 | 2026-07-23 | 1955 | 1,882 | Resale |
| 1022 Lothian Dr | $1,350,000 | $356 | 2026-07-17 | 1968 | 3,797 | Resale |
| 1110 Lothian Dr | $802,500 | $214 | 2026-06-03 | 1968 | 3,746 | Resale |
| 2905 Lasswade Dr | $325,000 | $179 | 2026-04-07 | 1959 | 1,818 | Resale |
| 1129 Mercer Dr | $415,000 | $201 | 2026-03-25 | 1966 | 2,068 | Resale |
| 1004 Ivanhoe Rd | $339,000 | $150 | 2026-02-27 | 1964 | 2,260 | Resale |
| 2926 Abbotsford Way | $398,000 | $188 | 2026-02-17 | 1970 | 2,122 | Resale |
| 1001 Lothian Dr | $770,000 | $236 | 2026-02-13 | 1976 | 3,266 | Resale |
| 605 Waverly Rd | $549,000 | $213 | 2026-01-12 | 1957 | 2,580 | Resale |
| 1101 Waverly Rd | $430,000 | $188 | 2025-12-18 | 1958 | 2,290 | Resale |
| 1001 Kenilworth Road | $1,280,000 | $393 | 2025-11-17 | 1963 | 3,257 | Resale |
| 422 Waverly Rd | $260,000 | $114 | 2025-11-07 | 1978 | 2,281 | Resale |
| 1004 Kenilworth Rd | $350,000 | $149 | 2025-09-25 | 1962 | 2,348 | Resale |
| 910 Lasswade Dr | $497,500 | $157 | 2025-09-17 | 1961 | 3,172 | Resale |
| 711 Kenilworth Rd | $332,500 | $222 | 2025-09-02 | 1970 | 1,498 | Resale |
| 2919 Abbotsford Way | $500,000 | $216 | 2025-07-11 | 1971 | 2,312 | Resale |
| 2909 Lasswade Dr | $730,000 | $377 | 2025-06-10 | 1958 | 1,934 | Resale |
| 2806 Walter Scott St | $629,000 | $200 | 2025-04-15 | 1976 | 3,142 | Resale |
| 906 Lasswade Dr | $650,000 | $223 | 2025-03-18 | 1963 | 2,918 | Resale |
| 1102 Lasswade Dr | $360,000 | $174 | 2025-03-17 | 1962 | 2,069 | Resale |
| 1004 Kenilworth Rd | $415,000 | $177 | 2025-02-26 | 1962 | 2,348 | Resale |
| 2910 Coldstream Dr | $550,000 | $216 | 2024-12-12 | 1976 | 2,551 | Resale |
| 2941 Brandemere Dr | $500,000 | $155 | 2024-12-10 | 1965 | 3,219 | Resale |
| 2802 Coldstream Dr | $408,500 | $171 | 2024-10-29 | 1958 | 2,387 | Resale |
| 1114 Lothian Dr | $575,000 | $212 | 2024-09-25 | 1966 | 2,716 | Resale |
| 805 Waverly Rd | $564,900 | $179 | 2024-09-16 | 1957 | 3,158 | Resale |
| 2805 Rebecca Dr | $550,100 | $310 | 2024-09-12 | 1958 | 1,772 | Resale |
| 1005 Waverly Rd | $444,000 | $221 | 2024-09-11 | 2009 | 2,009 | Resale |
| 1106 Lothian Dr | $630,000 | $268 | 2024-08-19 | 1964 | 2,354 | Resale |
| 2805 Walter Scott St | $630,000 | $234 | 2024-08-07 | 1962 | 2,697 | Resale |
| 1125 Waverly Rd | $640,000 | $282 | 2024-06-18 | 1959 | 2,272 | Resale |
| 1110 Waverly Rd | $435,000 | $258 | 2024-05-31 | 1956 | 1,688 | Resale |
| 2805 Saint Leonard Dr | $550,000 | $182 | 2024-04-30 | 1962 | 3,016 | Resale |
| 605 Lothian Dr | $675,000 | $216 | 2024-03-29 | 1957 | 3,127 | Resale |
| 406 Coldstream Dr | $359,000 | $223 | 2024-02-29 | 1955 | 1,608 | Resale |
| 505 Coldstream Drive | $315,000 | $209 | 2024-02-15 | 1958 | 1,510 | Resale |
| 2912 Lasswade Dr | $470,000 | $158 | 2023-12-12 | 1963 | 2,970 | Resale |
| 2809 Sterling Dr | $550,000 | $176 | 2023-09-08 | 1959 | 3,129 | Resale |
| 718 Kenilworth Rd | $489,300 | $128 | 2023-08-31 | 1954 | 3,824 | Resale |
| 2807 Sterling Dr | $525,000 | $172 | 2023-08-22 | 1962 | 3,050 | Resale |
| 1014 Lothian Dr | $544,800 | $221 | 2023-08-04 | 1994 | 2,467 | Resale |
| 1004 Lasswade Dr | $439,900 | $187 | 2023-06-08 | 1965 | 2,352 | Resale |
| 705 Kenilworth Rd | $735,000 | $211 | 2023-03-31 | 1959 | 3,477 | Resale |
| 605 Lothian Dr | $335,000 | $107 | 2023-02-24 | 1957 | 3,127 | Resale |
| 916 Ivanhoe Rd | $455,000 | $125 | 2023-01-30 | 1966 | 3,630 | Resale |
| 1119 Lasswade Dr | $445,000 | $149 | 2022-10-25 | 1969 | 2,990 | Resale |
| 701 Lothian Dr | $630,000 | $211 | 2022-09-15 | 1984 | 2,981 | Resale |
| 907 Kenilworth Rd | $576,000 | $230 | 2022-08-15 | 1961 | 2,507 | Resale |
| 2804 Sterling Dr | $465,000 | $225 | 2022-06-30 | 1958 | 2,071 | Resale |
| 1017 Lothian Dr | $490,000 | $130 | 2022-06-01 | 1967 | 3,783 | Resale |
| 2806 Rebecca Dr | $410,000 | $153 | 2022-05-20 | 1958 | 2,678 | Resale |
| 2936 Brandemere Dr | $679,900 | $191 | 2022-05-17 | 1969 | 3,556 | Resale |
| 1107 Ivanhoe Rd | $340,000 | $157 | 2022-04-28 | 1963 | 2,170 | Resale |
| 914 Waverly Rd | $318,000 | $164 | 2022-04-27 | 1957 | 1,943 | Resale |
| 707 Lothian Dr | $440,000 | $210 | 2022-04-21 | 1954 | 2,091 | Resale |
| 906 Lasswade Dr | $630,000 | $216 | 2022-04-14 | 1963 | 2,918 | Resale |
| 1001 Lothian Dr | $679,900 | $208 | 2022-04-01 | 1976 | 3,266 | Resale |
| 2912 Lasswade Dr | $425,000 | $143 | 2022-03-30 | 1963 | 2,970 | Resale |
| 1106 Lasswade Dr | $460,000 | $210 | 2022-03-18 | 1964 | 2,193 | Resale |
| 2809 Aberdeen Dr | $375,000 | $205 | 2021-12-17 | 1959 | 1,828 | Resale |
| 503 Coldstream Dr | $390,000 | $207 | 2021-12-14 | 1955 | 1,882 | Resale |
| 2909 Ivanhoe Rd | $425,000 | $142 | 2021-11-30 | 1958 | 3,000 | Resale |
| 441 Waverly Rd | $360,000 | $149 | 2021-10-15 | 1975 | 2,424 | Resale |
| 2917 Woodside Dr | $410,000 | $236 | 2021-10-04 | 1954 | 1,739 | Resale |
| 1103 Kenilworth Rd | $500,000 | $159 | 2021-09-08 | 1967 | 3,151 | Resale |
| 1013 Lothian Dr | $555,000 | $205 | 2021-08-19 | 1967 | 2,708 | Resale |
| 2809 Saint Leonard Dr | $367,500 | $176 | 2021-08-06 | 1963 | 2,091 | Resale |
| 2809 Aberdeen Dr | $300,000 | $164 | 2021-08-06 | 1959 | 1,828 | Resale |
| 409 Coldstream Dr | $338,000 | $200 | 2021-07-15 | 1961 | 1,692 | Resale |
| 1005 Waverly Rd | $365,000 | $182 | 2021-07-15 | 2009 | 2,009 | Resale |
| 2909 Brandemere Dr | $643,300 | $243 | 2021-07-12 | 1965 | 2,650 | Resale |
| 1113 Lothian Dr | $580,000 | $152 | 2021-06-30 | 1986 | 3,805 | Resale |
| 2936 Brandemere Dr | $367,500 | $103 | 2021-06-18 | 1969 | 3,556 | Resale |
| 907 Lasswade Dr | $525,000 | $195 | 2021-06-17 | 1962 | 2,695 | Resale |
| 2802 Saint Leonard Dr | $421,000 | $152 | 2021-06-02 | 1960 | 2,775 | Resale |
| 2921 Ivanhoe Rd | $439,800 | $173 | 2021-05-27 | 1961 | 2,535 | Resale |
| 801 Waverly Rd | $415,000 | $127 | 2021-05-25 | 1961 | 3,264 | Resale |
| 919 Waverly Rd | $385,000 | $176 | 2021-04-16 | 1958 | 2,188 | Resale |
| 501 Coldstream Dr | $305,000 | $184 | 2021-04-14 | 1959 | 1,661 | Resale |
| 1111 Mercer Dr | $492,000 | $177 | 2021-03-31 | 1973 | 2,777 | Resale |
| 1109 Lothian Dr | $399,900 | $189 | 2021-03-15 | 1968 | 2,119 | Resale |
| 1014 Lothian Dr | $479,000 | $194 | 2021-02-12 | 1994 | 2,467 | Resale |
| 2904 Ivanhoe Rd | $406,000 | $195 | 2021-02-11 | 1975 | 2,084 | Resale |
| 2809 Saint Leonard Dr | $275,000 | $132 | 2021-02-03 | 1963 | 2,091 | Resale |
| 2901 Brandemere Dr | $295,000 | $143 | 2021-01-08 | 1968 | 2,064 | Resale |
| 2921 Lasswade Dr | $316,000 | $189 | 2020-12-30 | 1963 | 1,672 | Resale |
| 1001 Lothian Dr | $295,000 | $90 | 2020-12-22 | 1976 | 3,266 | Resale |
| 503 Coldstream Dr | $247,500 | $132 | 2020-12-15 | 1955 | 1,882 | Resale |
| 903 Lasswade Dr | $755,000 | $231 | 2020-12-03 | 2015 | 3,268 | Resale |
| 922 Lothian Dr | $400,000 | $149 | 2020-10-19 | 1972 | 2,690 | Resale |
| 1129 Mercer Dr | $375,000 | $181 | 2020-10-09 | 1966 | 2,068 | Resale |
| 612 Lothian Dr | $300,000 | $192 | 2020-10-02 | 1958 | 1,560 | Resale |
| 605 Waverly Rd | $410,000 | $159 | 2020-09-03 | 1957 | 2,580 | New |
| 1001 Kenilworth Road | $378,000 | $116 | 2020-08-31 | 1963 | 3,257 | Resale |
| 1008 Kenilworth Rd | $342,000 | $144 | 2020-08-21 | 1960 | 2,376 | Resale |
| 2912 Abbotsford Way | $358,000 | $158 | 2020-07-24 | 1970 | 2,263 | Resale |
| 1110 Lasswade Dr | $269,900 | $133 | 2020-07-16 | 1962 | 2,027 | Resale |
I hope you enjoyed our December 2016 update on home sales in Waverly Hills, please feel free to drop me a note if you have questions not covered in this report.
