Thursday, October 30, 2014

Who Says Fall isn’t a Good Season to Sell a Home?

While it is widely believed that the optimal time to put a home on the market is in the spring, selling a property during the fall months has several distinct advantages for homeowners to consider.

During the fall, there are typically fewer homes available for sale than in the spring and summer. Buyers most likely will be touring less properties overallThis means less competition and properties on the market are more likely to make an impression. This offers the chance to have a home stand apart in the market. 

Fall presents an opportunity to spruce up a home and make it shine to fit the upcoming holiday season. Open the blinds and curtains to let in more natural light and stage the home with pumpkins, wreaths and other festive decorations. Set the thermostat at a comfortable temperature, warm and welcoming, if cold has settled in outdoors. If the home has a fireplace, arrange furniture so it is the centerpiece of the room. Staying on top of a property’s upkeep shows buyers the current owners have been diligent about maintaining their home in good condition. Rake leaves regularly, and clean gutters and downspouts. Bare trees will make flaws in a home’s exterior more visible, so fall is a good time to power-wash and touch up exterior paint.

Tips for the Fall Market:
  • As stated above, maintain the exterior of the home. You're home is more exposed in these cooler months, and any flaws can be seen more easily.
  • Make sure your home is presented flawlessly on the web. It's the buyers first impression and if the photos look good, they'll want to go see the home in person.
  • Ideally, you want the home to be move in ready. Buyers don't want to be completing home updates and projects when it's colder outside.
  • Maintain the interior of the home. People coming in and out of your home will be bringing dead leaves and eventually, forgive me for mentioning, snow and salt in with them. Having windows shut constantly, air gets stale and dust seems to collect quicker too. Keep up with cleaning the floors and dusting, etc.
  • Brighten up your home! As the days go on, the darker it gets outside- and inside your home. Focus on having bright, warm lights and lamps throughout the home. Try to keep shades up/curtains open to let in as much natural light as possible.


Using data gathered from your specific community, I can provide and explain the specific factors that could impact your decision making process. You just may discover that fall really is the perfect time to move forward with the lifestyle you desire and I am happy can help!

Tuesday, October 28, 2014

3 Must See Homes- Open This Weekend

4309 Norwood Road, Guilford
  Sunday, Nov 2nd, 2014: 11am-1pm  

Previous owners spent 32 years here. 5 bedrooms, 3.5 bathrooms, 2 car garage-- this home is a perfect fit for any family! Tastefully updated kitchen with breakfast nook, butler’s pantry and formal dining room. Living room with wood burning fireplace opens to sun-room. Surprisingly large master bedroom with en-suite. Private backyard patio and 2 car garage. Shows pride of ownership. Three full levels of living space awaits new owners!


1202 West 41st Street, Hampden/Medfield
  Sunday, Nov 2nd, 2014: 1:30-3pm  

Well thought-out kitchen renovation open to dining room and living room- perfect for today’s lifestyle or take your entertaining onto the fully fenced back patio with built-in garden and pergola. Upstairs boast bright skylight, claw foot tub and numerous replacement windows. Character found throughout with built-in book shelves, exposed brick and wood floors. Partially finished basement provides a perfect workspace. This location can not be beat!
117 North Port Street, Patterson Park
  Sunday, Nov 2nd, 2014: 12pm-2pm  

1,062 SF of Finished Living Space on Three Levels! Gorgeous home with all the updates you could ask for and beautiful finishes throughout! Wood floors, exposed brick, open kitchen/dining room with granite and stainless steel appliances. Upstairs is light and bright with new carpeting, recessed lighting, crown molding, and convenient upstairs laundry. Finished basement, private backyard patio with deck or seller will convert to PARKING PAD- your choice! So much to offer for under 200K! 

Stop by on Sunday to see these homes for yourself!



Friday, October 10, 2014

Neighborhood Spotlight: Homeland

Homeland: A Suburban, Urban Neighborhood

Imagine a beautiful city neighborhood full of large, detached homes with yards and garages. Get on I-83 and zip downtown in minutes. Head 5 minutes north and you're in Towson, Baltimore's popular county neighborhood. A neighborhood with beautiful architecture and well maintained landscaping, surrounded by colleges, universities and numerous private schools. A place where sun-rooms are standard in most homes, basements are full and functional, and you can be sure to find that perfect mix of old and new. Uncommon, sure, but it's all available in the wonderful Homeland neighborhood. Located in Baltimore city northeast of downtown, just under the county line, Homeland has much to offer.

Example of what you'll find in Homeland:
Current active listing at 5703 Saint Albans Way



Some of the best schools in Baltimore surround the neighborhood:
  • Public:
    • Roland Park Elementary/Middle
    • Western High School
    • Baltimore Polytechnic Institute
  • Private
    • Friends School of Baltimore
    • Gilman School
    • Roland Park Country School
    • Saint Paul's School
    • Boys Latin School of Maryland
    • Calvert School
    • and many others
  • Colleges & Universities:
    • Notre Dame of Maryland
    • Loyola University
    • Towson University
    • Goucher College
    • Johns Hopkins University
Here you'll find a list of nearby schools.

What else is nearby? Here is a snapshot of the Homeland neighborhood and nearby coffee shops, restaurants, shopping, bars, groceries, parks, etc:
Check out other statistics and Homeland's walk score.

Want more neighborhood information? There's a great website provided by the neighborhood association with lots of great information, community history, events, resources, as well as a quarterly newsletter- http://www.homelandassociation.org/

If you would like a list of current Active properties in Homeland or if you would like to keep updated on homes in this neighborhood or others neighborhoods, please contact me.


magan@magandrane.com
410-493-6854

Monday, October 6, 2014

Housing Inventory Snapshot, September

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.

Housing Inventory SnapshotSeptember 27, 2014
Average List Price for active listingsMedian List Price for active listingsAverage DOM: for active listings/ for sold listings
Allegany County, MD
Single Family under $180K$94,812$89,900178  / 163
Single Family over $180K$288,397$259,900202  / 169
Condo/Townhome under $300K$80,747$70,000231  / 314
Anne Arundel County, MD
Single Family under $500K$330,847$336,500104  / 113
Single Family over $500K$955,651$699,900144  / 137
Condo/Townhome under $300K$187,983$210,000102  / 116
Condo/Townhome over $300K$431,989$374,50090  / 104
Baltimore City, MD
Single Family under $500K$207,569$199,000109  / 133
Single Family over $500K$910,044$675,000122  / 99
Condo/Townhome under $300K$113,041$99,000122  / 123
Condo/Townhome over $300K$472,729$399,50093  / 121
Baltimore County, MD
Single Family under $500K$255,283$235,000108  / 126
Single Family over $500K$901,378$675,000132  / 141
Condo/Townhome under $300K$125,166$119,000115  / 123
Condo/Townhome over $300K$449,779$393,00084  / 121
Calvert County, MD
Single Family under $500K$307,925$315,000148  / 155
Single Family over $500K$729,296$599,900190  / 206
Condo/Townhome under $300K$218,526$229,000171  / 151
Condo/Townhome over $300K$382,200$343,900249  / 221
Caroline County, MD
Single Family under $500K$195,755$182,000222  / 129
Single Family over $500K$710,017$598,750192  / N/A**
Carroll County, MD
Single Family under $500K$322,721$324,900113  / 112
Single Family over $500K$738,932$643,300147  / 92
Condo/Townhome under $300K$183,678$189,00093  / 107
Condo/Townhome over $300K$343,891$334,99055  / N/A**
Cecil County, MD
Single Family under $500K$255,282$254,900146  / 154
Single Family over $500K$840,105$699,900211  / 334
Condo/Townhome under $230K$140,176$145,000114  / 160
Charles County, MD
Single Family under $500K$318,482$327,700123  / 157
Single Family over $500K$827,351$658,900181  / 124
Condo/Townhome under $300K$183,723$191,78597  / 156
Condo/Townhome over $300K$323,189$320,00048  / 198
Dorchester County, MD
Single Family under $500K$190,122$159,900216  / 168
Single Family over $500K$1,103,690$747,500231  / N/A**
Condo/Townhome under $200K$136,668$149,000191  / 67
Frederick County, MD
Single Family under $500K$322,319$325,000110  / 110
Single Family over $500K$770,143$629,900135  / 99
Condo/Townhome under $300K$211,231$215,90080  / 103
Condo/Townhome over $300K$378,230$369,90077  / 105
Garrett County, MD
Single Family under $500K$210,927$185,400198  / 156
Single Family over $500K$856,363$692,800242  / 247
Condo/Townhome under $300K$189,987$188,800243  / N/A**
Condo/Townhome over $300K$436,512$395,000204  / 48
Harford County, MD
Single Family under $500K$310,508$315,000111  / 124
Single Family over $500K$750,610$635,000207  / 267
Condo/Townhome under $300K$180,453$184,90092  / 102
Condo/Townhome over $300K$405,285$353,245113  / 96
Howard County, MD
Single Family under $500K$373,857$379,90086  / 101
Single Family over $500K$815,384$699,900129  / 96
Condo/Townhome under $300K$211,489$220,00077  / 97
Condo/Townhome over $300K$407,177$388,99063  / 77
Montgomery County, MD
Single Family under $1M$554,627$524,90089  / 89
Single Family over $1M$1,973,019$1,599,900117  / 113
Condo/Townhome under $600K$300,448$296,99066  / 103
Condo/Townhome over $600K$1,088,517$739,90088  / 111
Prince Georges County, MD
Single Family under $500K$292,082$279,000101  / 127
Single Family over $500K$680,226$609,990143  / 130
Condo/Townhome under $300K$162,028$165,000131  / 138
Condo/Townhome over $300K$424,258$399,00070  / 120
If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.

   

Magan Marie Drane, Realtor®, ABR®
Relocation Expert
Coldwell Banker Residential Brokerage 

Wednesday, October 1, 2014

2 Great Open Houses this Weekend!

Stop by these beautiful homes this Sunday 
Octotber 5th, 12pm-2pm

117 North Port St
Baltimore, MD 21224
 1202 West 41st Street
Baltimore, MD 21211

Contact me for more information
magan@magandrane.com
410-493-6854