Ox Bottom Reserve - Just Listed in Tallahassee

4BR/3BA

Call Susan Byler at 850- 510-8583 to see this home or others like it.

New Townhome in Wren Hollow For Sale

Full garage, all tile and move in ready.
2BR/1BA
Call Susan Byler at 850- 510-8583 to see this home or others like it.

New Tallahassee Home For Sale - Kimberton

3146 Shamrock East

4BR/2BA

Call Susan Byler at 850-510-8583 to view this property or others like it.

Tallahassee Home Just Reduced - Autumn Woods

5601 Maple Forest Dr

3BR/1.5BA

Call Susan Byler at 850-510-8583 to view this property or others like it.

Highest Ox Bottom Manor Home Sale

Highest Ox Bottom Manor Home Sale

With the close of 2013, we’ll take a look at some interesting Ox Bottom Manor home sale and home value statistics that marked the year.  Overall, it was a pretty good year for home prices and home sales.

Ox Bottom Manor remained highly desirable and in demand throughout 2013.  The highest Ox Bottom Manor home sale price was 269 Thornberg, a 3,763 square foot home that sold for $405,000.  According to public records, this was the first sale of this home since it was built in 1996.  The least expensive home sold in Ox Bottom Manor was 6392 Mallard Trace, a 2,547 square foot home that sold for $205,000.

Let’s take a quick look at price per square foot sales numbers. Price per square foot info allows us to roughly compare homes of different sizes. The highest price per square foot in Ox Bottom Manor was 6416 Mallard Trace, which sold for $141 per square foot.  This was substantially above the median price per square foot of $125.  As with all home sales, the individual features, upgrades, and condition of a home greatly affect the home value and home sale price.  Homes that are freshly updated and have desirable features like updated kitchens, baths and flooring will sell at a premium above homes that have older fixtures.

Ox Bottom Manor home sale - 2013

Want to know what improvements will bring you the most home value and fastest selling time? Contact us for a free guide, and if you’d like, a free consultation.  850.445.2476

Home Value Trends in 2014

Home Value Trends in 2014

2013 was a good year for the real estate market and home values.  Home prices increased between 10 – 13% nationwide depending on the reporting source.  Tallahassee increased about 1.5%.  How will home value trends in 2014 look for Tallahassee?

Home value trends in 2014 will continue to be positive

Home Values Will Trend More Slowly

Most economists and real estate market experts expect home values to continue an upward trend through 2014, but at a slower pace than 2013.  Home values historically have not risen much faster than the inflation rate.  With inflation under 2%, it’s hard for home prices to sustain double-digit growth over the long term.  Look for home values growth to be in the single digits.  Clear Capital, a provider of real estate data, expects prices to grow at 3-5%.  Kiplinger, a financial advisor, forecasts growth to be 4%.  For Tallahassee, that means a typical single family home valued at $200,000 now may be worth $208,000 by the end of 2014

Economy Will Drive Home Prices

One key question facing home values will be the Federal Reserve’s plan to scale back quantitative easing, and how this will affect mortgage rates.  Rising rates will put a damper on the demand for homes, and slow home price growth.  Another variable will be how fast unemployment drops in 2014.  Employment levels and wage growth are key drivers of home values.
Would you like to see how much your Tallahassee home value should increase in 2014?  Contact us for a free valuation.  850.445.2476

PRICE ALERT! JUST REDUCED SHORT SALE IN AUTUMN WOODS

PRICE ALERT! JUST REDUCED SHORT SALE IN AUTUMN WOODS

5601 Maple Forest Dr

$95,000

3BR/1.5BA

More spacious than other homes in the neighborhood.

Call Susan Byler at 850-510-8583 to view this home or others like it.

Act Now to get in on this GREAT Investment

Act Now to get in on this GREAT Investment

Just Reduced!
2230 Dozier Dr
$55,000
4BR/2BA

Call Susan Byler at 850-510-8583 to view this home or others like it.

New Tallahassee Home For Sale - Great Rental Potential

New Tallahassee Home For Sale - Great Rental Potential

1/2 mile from Doak Campbell Stadium.

4BR/2BA

Call Susan Byler at 850- 510-8583 to see this home or others like it.

Home Photographs Matter

Home Photographs Matter

Professionally photographed homes tend to sell for more money and sell faster than homes listed with point-and-shoot cameras, according to a new study by the real estate brokerage Redfin.

The study found that homes priced between $200,000 and $1 million sold for an average of $3,400 to $11,200 more than their list prices when professionally photographed. For homes priced between $400,000 and $499,999, the study found that homes professionally photographed sold for $11,200 more.

Here in Tallahassee, we have found that quality photos make a huge difference in the number of buyers who look at a house online, and who eventually go to see the house in person.  If photos are too dark or fuzzy, buyers are apt to move on the next online listing they see.  Check out the photos of our listings – see the quality and care that goes into our presentation of each listing.  Call us at 850.445.2476 if you’d like to discuss selling your home for more money.