Austin Neighborhood Market Spotlights

I have selected some random areas in Austin,
and listed some current real estate market data.

If there is an area you want me to spotlight -please let me know.

Tarrytown

Number of Active Homes on the Market: 23

Average Days on Market: 116

Median Home Price: $589,000

Travis Heights

Number of Active Homes on the Market: 25

Average Days on Market: 108

Median Home Price: $489,000

West Lake Hills

Number of Active Houses on the Market: 13

Average Days on Market: 225 (# is high due to 2 homes active over 600 days)

Median Home Price: $1,249,000

Mueller

Number of Active Houses on the Market: 13

Average Days on Market: 104

Median Home Price: $ 475,635

Northwest Hills

Number of Active Houses on the Market: 18

Average Days on Market: 66

Median Home Price: $ 606,500

Pools

If you did not already know…I teach the Sell a Home class to both new and seasoned agents who join Keller Williams. Last week, I had a student ask me what I do differently when selling homes with pools. I guess the look on my face wasn’t one that my class expected; because ‘POOL’ is literally and can be figuratively a four-letter word in real estate. For Buyers, who want a pool… houses with them are that much easier to sell. Forget the condition of the house– that oasis in the backyard, especially on a hot day kind of sells itself; doesn’t it? After all, they make great sources of entertainment for children and adults alike. They are an instant vacation.

For Sellers, pools can be more of a hindrance than a help. Not everyone wants a pool. In fact, I’ll say 65% of people don’t. Pools cost money and time to maintain. In addition, there are safety concerns for people with small children. They can also take up a lot of yard space.

So, here are my dos and don’ts for pools, for both Buyers and Sellers.

Sellers: Maintain and update your pool. Nobody wants to buy a money pit (literally). If you can switch to saline – do it.

Buyers: If you buy in a subdivision where most homes have a pool…make sure the pool is up-to-date. You want to have one of the better pools in the subdivision. If you want to know how much it costs to maintain a pool and how much you will spend on electric – the answer is – you don’t want a pool! They can be costly and if you are already watching your budget – a pool is going to blow it.

Now, I am not anti-pools. I grew up having one. My experience is that they are great for certain moments in time. But, remember: you will spend more time staring at your pool, then you will spend in it. Once more, pools don’t necessarily add monetary substance. I rarely, factor them into a list price, simply due to the lower buyer pool they attract. So, if you have one….make sure it shines.

Doreen Zelma

Realtor, GRI

Going Green

After spending some green on my car last week, it was time to get out and see some green; green construction that is. I traveled from Crestview to Buda to see some interesting green building projects.First, let’s talk about Crestview. I got to watch some 5-star green modular condominiums.

Modular construction lends itself to green standards because it produces far less waste then site built homes. That is, of course, only the beginning, from front and back porches to reduce solar heat gain from entering the home, to on-demand (tankless) water heaters, these homes produced by Town Builders, are extremely energy efficient.

In Buda, I went on a tour of Elm Grove Homes, a subdivision built by GreenBuilders, Inc. Like Crestview, these homes have been awarded the city’s 5-Star energy rating. Located right off of 1626, they are convenient to get to, and close to the elementary school. These homes are so green, they even include gutters with rain barrels that capture water that can be used for landscaping. One story and 2 story units are available. Everything I saw was between $220 and $260k.

Both green projects had blown insulation in the roof – not in the attic floor. It is more efficient to ’seal’ the home at the roof line then to allow the heat to enter the attic. It also keeps molds and other allergens from entering the house.

Do you need my services? I support local Austin, after all I think its only neighborly.

Visit me online at www.SupportLocalAustin.com

or contact me by options below:

Doreen Zelma

Realtor, GRI

The Unforeseen

Have you watched The Unforeseen, the 2007 documentary about the development of Barton Springs?  Directed by Laura Dunn, and produced partially by Robert Redford, it a must see for any Austinite or anyone who loves Austin.  

Redford is personally tied to Austin spending most of his childhood here, even learning to swim in Barton Springs Pool.  If you don’t love documentaries, you should at least enjoy the historical footage of Barton Springs, S. Congress Ave and Circle C.  The movie is shown a couple of times a year at the Alamo Drafthouse, but you can rent it through Netflix and probably Blockbuster.

How to Sell It

I have spent some time in Western Austin.  From West Lake Hills, all the way up to Milwood.  I have to say overall, I am a little disappointed some listing agents and owners aren’t preparing a home as well as they could for sale.  Basic things like replacing the carpeting, touching up nail holes….how about vacuuming?  When you sell your home, it should shine.  If ’shine’ is too much to ask for…how about clean enough for company.  You are going to have company when selling your home. I am calling them company, but they also happen to be your harshest critics.

My top 2 goals as a listing agent, are to sell your home in the shortest amount of time, for the most money possible.  When I’m listing a home, I don’t really care how many homes are on the market.  I just want my listing to shine, so it’s the next one to sell.

Now, I’m not telling you to install $30,000 in granite.  All I am saying is make that Formica the best it can be!

Money Doesn’t Buy Everything

I previewed a $3.5 million dollar home on Friday, in Tarrytown. I have several clients looking in Tarrytown, of which, this particular house turned out not to be a match for any of them. Not all of them are necessary looking in that price point, but I have clients who tell me all of time, if they could afford more; they would find the right house. More often than not, that is very far from the truth.

Even when I custom built a home, it still didn’t turn out to be perfect, for me. I always look at homes through my clients’ eyes. Even at $3.5 million, I walked around that home thinking, that’s not Shellie’s kitchen and that’s not the Smith’s family pool. Even at $3.5 million I couldn’t say that house was a good fit for any my clients. Now, don’t get me wrong. It was a great house, with an amazing view of the lake. Homes need to be functional in different ways, for different people. It just wasn’t going to work with my clients’ lifestyles.

Having more money to spend on a house isn’t going to necessarily buy you a home that’s a perfect fit. You can find a house at any price point that is a perfect fit for you. Money doesn’t buy ‘perfect’, because perfection really doesn’t have a price.

I support local Austin; after all I think it’s only neighborly.

What’s your dream house doing in someone else’s dream?

I met my clients in the Denny’s parking lot on I-35 to sign an offer, which was then scanned and emailed to the Listing Agent, by midnight. After telling someone this, he said I was nuts. Yes, that may be true, but when my clients want a house, I don’t sit around and wait for someone else to buy it.

Even with our combined effort, the house had multiple offers on it, after only being on the market for 6 days, and we lost it. We tried our best, and will be just as passionate and steadfast for the next one, because your dream house often appears in the dreams of others as well.

Do you need my services? I support local Austin, after all I think its only neighborly.