Price Indicators: recent sales in Buchman, Modiin
Jul - 20 | 
Most recently, a very charming and heavily invested in (Malibu) villa on Rechov Dan was sold for 3,750,000 NIS. This is, to the best of my knowledge, the highest price attained for any property in Buchman, or in Modiin for that matter. The property was definitely special, the buyer wanted availability with 2 months and the seller collected close to his asking price.
Another villa in South Buchman, was sold last week at 2,450,000 NIS. The property, a detached home built by Uzan Bros. needed a lot of work and a significant financial input is necessary to maximize its potential. Once fixed up and renovated, the house could easily collect 3.2-3.5 million shekels in today’s market.
On Rechov Shimon, a Muller cottage-duplex was sold for 1,880,000 NIS. This too was a fantastic price for the buyer since the property had been damaged by flooding and therefore needs renovating. Once finished, the house will be worth at least 2 million shekels.
Hi,
Would like some more info regarding Buchman. We are thinking of making Aliyah and lookin for a house fot about $900usd. We would like a detached and may want to rent at first. Also, do you have info regarding modern orthodox schools in the are. I have girls ages 12 and 14. Toda
Hi Ronit – please email me when you are coming to look at homes and I’ll be happy to show you what the current options are both for sale and for rent. The modern orthodox school for girls in Modiin is the Ulpana, tel: 08-975-2106 They also have a website at http://www.atarnet1.net/nodeweb.asp?t=25742. There are other options outside of Modiin such as Beit Shemesh and Jerusalem, I suggest you contact Michelle Berkowitz at http://www.malachisrael.com for a full overview of the various schools. Good luck and please be in touch. – Debbie