Category Archives: Listings

The Reality of Remodeling

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remodel HGTV is powerful. I cannot even begin to tell you how many homeowners I speak to who got an idea to attempt a do-it-yourself project as a result of watching a home makeover show. If you are chuckling on the inside, it may be because you are one of them. I use the word ‘attempt’, because while these shows inspire and educate, they also tend to make projects seem simpler than they are.

Reality TV Shows vs. Remodeling in the Real World

Remember, it’s an 10 hour project shown in 30 minutes. TV shows have the power to edit and often have a team completing the handiwork behind the scenes. It’s a reality show, just like any other.  I laugh on the inside and try not to show my angst on the outside when I go on a listing appointment with those who lost their drive on a remodel. The results range from unfinished faux painted walls, tile put in place that was never grouted and crown molding that doesn’t completely go around the ceiling. All of these unfinished projects are going to affect the sales price of your home.

It is easier to sell a dated home that is fully functioning and completed, than a home that seems to stop mid sentence. To a buyer, the project needs to be finished. I often have to change the perception of the seller, to see these things with buyers’ eyes, because after a while the seller doesn’t see the projects anymore. They have been living with them for so long; they just tend to blend into the background.

Do-it-yourself Projects

Many home supply stores offer classes on do-it-yourself projects. I often recommend someone take one before making a decision to start a project. We are all good at something, but certainly not good at everything. Have a reality check with yourself when you are watching those reality shows. Get a real education on what’s involved with a do-it-yourself project, before you begin one.

It’s Always Spring In Austin

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photo by S. Nascimento

photo by
S. Nascimento

The notion that spring is the prime real estate season to buy and sell a home in Austin has not proven itself to be true in the last few years. There is so little inventory in the greater Austin area that fall buyers are becoming winter buyers, winter buyers are being pushed into the spring season and so-on. New buyers are entering the market all of the time and because existing buyers have not purchased a house yet, they don’t leave the market. In a balanced market buyers and sellers are flowing in and out of the market as inventory constantly turns over. The inventory of buyers right now, largely outweighs the inventory of homes.

Multiple Offers in Austin

When a house for sale receives multiple offers, there can only be one buyer. That buyer is not only relieved that the search is over, but truly feels like a winner. The rest of the buyers go back into the market pool and wait for the next home to try again. The lack of inventory has created an influx of buyers that stay in the market while new buyers are entering it. I get emailed lists of buyer needs daily from agents looking for homes for active buyers. They have seen everything available and are waiting for new choices.

Moving to Austin

There are some areas of Austin that will get an even bigger boost of buyers this spring and summer along with a little more inventory, because some buyers and sellers are driven to move based on the school year calendar.  Additional inventory would have to radically outweigh the number of buyers, which most likely will not happen. The seller’s market in Austin will continue to be a year round event until a change in economic conditions forces a shift.

Austin is a Global Market for Buyers

In real estate, we talk about the perfect marriage of price, condition and location to sell a home. When all 3 factors are in line with one another, buyers will come and a home will sell. Buyers are coming from all over the world to Austin because it offers the perfect marriage of price, condition and location for those who wish to call it home. When it comes to real estate, it is always spring in Austin.

1814 Village Oak Court, Austin TX 78704

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1814 Village Oak Ct-MLS_Size-001-Front yardUnder contract but accepting back-up offers, 1814 Village Oak Court in Austin’s trendy 78704 zip code offers an ideal balance of living in a suburban area while enjoying the convenience of an urban lifestyle.

SoLa district in Austin 78704

Austin’s 78704 zip code is home to hot spots like Zilker Park, the ZACH Topfer Theatre, the Long Center and Town Lake Hike & Bike Trail. 1814 Village Oak Court is located in the SoLA district of 78704, where South Lamar local favorites include The Broken Spoke, Alamo Drafthouse Cinema and a variety of retail and eateries.
1814 Village Oak Ct Austin, TX 78704This South Lamar area beauty features a well-balanced floor plan, soaring ceiling in living area, 3-sided fireplace borders living and dining, bonus loft space upstairs perfect for home office, cherry wood floors, cherry cabinets, island kitchen w/ granite counters, masonry siding, 3-sided wood burning fireplace, crown molding, flagstone patio, fenced backyard and no home owner’s association.

1814 Village Oak Court Austin, TX 78704

• 3 bedrooms
• 2.5 baths
• 2,002 sq. ft (tax records)
• Year built: 2004
• 1 car attached garage
• loft/study space
• fenced backyard with flagstone patio and deck
• 2nd floor deck
• cul-de-sac street

ML# 1584727

Get Your Home Sold

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IMG_2346Listing appointments are more than just about the paperwork, market data and pricing.  I tour the home with a buyer’s eyes pointing out things along the way that have often been there for so long the owner doesn’t even see them anymore.

My suggestions start from the street, not inside the house.  I tell sellers all of the time that I want the house to look ‘light, bright and happy.’ I want buyers to feel good when they visit one of my listings from the moment they pull up to the house.

Here are some tips to get your home show ready or maybe just a little happier:

Creating Curb Appeal

•Replace dead plants with flowers
•Place garbage bins and recycling containers on the side of the house or in the garage. Doing so increases curb appeal and aids in parking in front of the house.
•Put the garden hose away when not in use.  Buyers don’t want to be walking over it to get to the front door.
•Paint your mail box and door knocker (if rusting) with some metallic paint.
•Replace the door mat.
•Hose off the front of the house, if needed (you can power wash but just be prepared to paint)
•Clean the gutters
•Rake and sweep dead leaves

Buyers are guests too.  Make the house clean enough for company.

♦The #1 thing I want owners to do when I list a house is clean.  When buyers see a 1970’s kitchen that is spotless, they comment on how clean it is.  It’s a blank canvas that can be updated someday and is considered usable the way it is.  When the same Buyers see a modern kitchen, that is dirty, it is a turn off.  It’s funny how the brain works, it doesn’t say “I can clean this”, like you would think; instead it says “I could never cook in here”.  If you don’t like to clean, hire someone – it is money well spent.

♦De-clutter kitchen counter tops by moving vitamins, medicine, knives and every appliance that is not essential into a cabinet or storage bin.  The more you remove from the counter — the bigger and cleaner it will look.  In the bathroom, find a new home for the toothpaste, mouthwash, toothbrush and makeup.  Clutter becomes visual noise for buyers.

♦Organize kitchen drawers, pantries, shelves and closets.  Buyers will be looking in them.

Pride of Ownership

How a seller presents a home to a buyer says a lot about how they have taken care of it. A clean, organized home shows pride of ownership which gives the buyer a bit of confidence in terms of its overall condition.

Austin City Limits Music Festival Real Estate Recap

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Austin City Limits Music FestivalThe Austin City Limits Music Festival has come and gone for 2014 leaving a large boost for Austin’s economy in its wake. Headliners including Outcast, Eminem and Pearl Jam contributed to both 3-day weekends selling out to roughly 75,000 visitors per day. The estimated total in revenue was $175 million for Austin in 2013.

Much of the economic contribution is from out of town guests visiting and staying in Austin for the festival. Roughly sixty-six percent of ACL festival attendees are from out of town and spend an average of nearly $900 per day on food, lodging and retail.

For attendees curious to know what homes are worth near the Austin City Limits Music Festival, below lists up-to-date market data specific to real estate for sale located within 1 mile of Zilker Park:

Austin Condominiums for Sale near Zilker Park:

  • Current Number of Active Homes: 23
  • Total Number of Pending and Active homes: 31
  • Average List Price: $487,884

Austin Single Family Houses for Sale near Zilker Park:

  • Current Number of Active Homes: 14
  • Total Number of Pending and Active homes: 25
  • Average List Price: $1,465,393

Other Zilker Park events include the Zilker Kite Festival, Blues on the Green and the Zilker Trail of Lights lending it to be a source of  consistent entertainment year round.  Homes located near Zilker Park are considered prime real estate and are consistently low in supply and high in demand.

731 Minturn Lane Open House

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731 MinturnSouth Austin, single story home in the subdivision of Buckingham Estates features 3 bedrooms and 2 baths with MIL  plan. 731 Minturn Lane is located Austin’s 78748 zip code near Southpark Meadows and Mary Moore Searight Park.

731 Minturn Lane For Sale in Buckingham Estates

Three sides masonry and vinyl siding. Kitchen open to family room. Updates include recent paint and tile flooring. Formal dining and spacious living area with laminate flooring. Carpet flooring is only in the bedrooms. Spa like master bath features recent tile, paint, fixtures, double vanity, garden tub and separate shower.

South Austin Open House

731 Minturn Lane is open Saturday, October 11th from 12:00 – 3:00pm

  • Number of Stories 1
    Square Footage 1,532 (tax record)
    Number of Living 1
    Number of Bedrooms 3
    Number of Bathrooms 2

Austin is Growing Up and Growing Out

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construction picAustin is experiencing growing pains. It is hard to turn a corner right now and not experience a construction zone, road closure or at best, a wall of traffic. Texas overall has had a net gain in new residents for several years now and within it, Austin is one of the top cities showing the fastest growth.

Austin by the Numbers

Reports show that the number for increased residents in Austin for 2014 nets at 110 per day. The growth for Austin started surging years ago, but the infrastructure never had a chance to keep pace and is now playing catch up. As residents, we have experienced this in commuting times and all the way down to line for groceries.

With all of this change in the air, Austinites are forced to face a new normal. Austin is literally growing up. Mixed-use office, hotels and apartments buildings are under construction or in the planning stages throughout Austin. Over 17,000 apartment units alone were under construction or planned as of April 2014.

Austin Real Estate Trending Now

One real estate market trend has been in the greater Austin area, which is very hot right now and where I am seeing most of the growth. Now buyers are looking and buying in Cedar Park, Georgetown and Leander because the core of Austin has become less affordable for many.

Another trend is in new construction. New communities are popping up or expanding. People are out with the old and in with the new.

The largest real estate trend I see in Austin is in market area searches. As the Austin area inventory is low, buyers are expanding their search area. It used to be that I had a search set up for someone just in one subdivision like Travis Heights. That buyer today, would be looking in the greater Central Austin area just to have the same selection of homes.