A Brand New and Elegant Home in Stylish Ackerly Park

New Albany Country Club offers stunning properties with impressive features, and the home at 4519 Ackerly Farm Road is such a house. Discover this new construction home by reading further.

Stylish and Fresh

Large white house in New Albany Country Club

A pristine driveway leads your eye from the curb to the backyard, where a 3-car garage is nestled against the back of the house. A beautifully manicured lawn and sparkling brick patio rest beside the garage, offering a comfortable enclosure for you to enjoy within Ackerly Park.

Elegant, Not Gaudy

Yore Fine Homes constructed this masterpiece with tremendous attention-to-detail, which is reflected in this property’s interior rooms. This property is elegant rather than flashy, and the interior is tastefully decorated.

Spacious empty home living room in New Albany OH

 

The dimensions of these individual rooms give the home a spacious feeling throughout, and the contrast between dark hardwood floors and white cabinets and trim were designed to impress.

You Design Your Lifestyle

Finished lower level New Albany home4519 Ackerly Farm is a new construction home, so it’s flexible to adjust to your ideal style of living in Ackerly Park.

The home features available include:

  • gourmet kitchen
  • white granite countertops
  • white cabinetry
  • stainless steel appliances
  • casual dining area
  • upper level master suite
  • walk-in pantry
  • beverage center
  • main floor laundry room
  • grand foyer
  • mud room
  • finished lower level
  • lower level 5th bedroom

Experience This Impressive Home for Yourself

If you’re thinking of purchasing this home to begin or maintain your ideal lifestyle, contact us at Thomas & Company to schedule a showing. Homes in New Albany Country Club are highly desirable — seize this golden opportunity as soon as you can.

Until next time,

Thomas & Company

What Every First Time Home Buyer Should Know About Home Loans

Home Buying 11First-time home buyers who work with us often have the same question: Should we or shouldn’t we get a first-time home buyer loan?

In fact, there are a number of advantages and disadvantages attached to this type of loan.

So today, we thought we would take a few moments to share with you what you can expect from getting this type of loan as a first-time home buyer. That way, when it comes time for your to decide how you’re going to finance your first home, you’ll have all of the information you need right at your fingertips.

First-Time Home Buyer Loans 101

A first time home buyer loan offers financial assistance to qualified buyers by utilizing a variety of methods:

  • Very low down payments or none at all
  • Subsidezed interest costs
  • Grants
  • Forgive loans
  • Defer payments

Generally speaking, the best candidates for this type of loan are home buyers who have never owned a home, although those who have not owned a home in more than three years may also qualify.

With these types of loans, certain restrictions may apply in order to qualify. Thus, it’s important to research beforehand whether you meet those restrictions.

First-time home buyers should also be aware of the specific restrictions attached to using the loan. These may or may not include:

  • Being prohibited from buying homes in higher price ranges
  • Being required to make the newly purchased home your primary residence
  • Being prohibited from renting the home to others

These types of loans are certainly great for those buyers who otherwise might not be able to purchase the home. But there are some disadvantages to this type of loan.

Some of those drawbacks include:

  • Buyers are limited to the type of home they want by price range
  • Buyers may not be eligible for certain program benefits if they sell their home before a predetermined time limit.
  • Buyers may have a limited number of loan types to choose from.
  • Buyers may have to pay for recapture taxes in exchange for benefits they receive through the program

For these reasons and more, some first-time home buyers may find it just as beneficial to get a traditional loan, although this should be considered on a case by case basis.

We’ll Help You Through Your First Home Buying Experience

Contact us today to learn even more valuable information that is sure to help you as a first-time home buyer. We are glad to offer you our expert assistance, which includes straight-forward advice and user-friendly resources.

Until next time!

A Striking House in the Wiveliscombe Neighborhood

An eye-catching property resides at 13 Wiveliscombe in New Albany Country Club. With striking visual appeal and opulent home features, this Wiveliscombe neighborhood can be the foundation for your luxurious New Albany, Ohio lifestyle.

An Extravagant Exterior

Brick home at 13 Wiveliscombe in New Albany OH

The covered front door entryway is flanked by columns, making a statement to onlookers from the curb.

The half-acre property is professionally landscaped, and the home lot is abundant with blooming trees, a shaded lawn, and a beautiful brick patio in the backyard.

Plus, there is plenty of space in the garage. The home has not one, but two 2-car garages!

Make a Grand Entrance Inside

Split staircase inside 13 Wiveliscombe in New Albany OH

The foyer entryway offers a dramatic setting to complement this impressive home. The divided staircase inside is flanked on the right by a den and half bath, and on the left by a formal dining room.

On the main level, the master suite has an elegant private bath along with dual walk-in closets.

Other stunning home features in this New Albany property include:

  • upper level loft library with built-in shelving
  • private bedroom suite
  • large finished family room on lower level
  • 5th bedroom and full bath on lower level
  • spacious storage area on lower level
  • 5,858 square feet of living space
  • 4 full baths and 2 half baths

The Stylish Kitchen

entrance to luxurious home kitchen at New Albany home

Enjoy the latest home features in this elegant kitchen, such as:

  • granite countertops
  • stainless steel appliances
  • sunny breakfast area

View more stunning visuals of this Wiveliscombe house on the home listing.

Enjoy this Awe-Inspiring Home as Its Resident

If this New Albany property impresses you, consider investing in this home for yourself. Contact us at Thomas & Company to schedule your personal showing of this spectacular Wiveliscombe home for sale.

Until next time,

Thomas & Company

This Lambton Park Home Offers Luxury and Flexibility

Living at 7217 Biddick Court in New Albany Country Club, you can appreciate an active lifestyle while living in a luxurious home. Find out more about this home’s desirable features.

Spacious Outdoor Lawn

Brick patio in front of large green lawn in Lambton Park

This Lambton Park home truly uses its outdoor space. Set on a half acre of land, the property’s lawn is beautifully maintained and ideal for outdoor activities. A spacious brick patio overlooks the open backyard. You can tailor the space to suit your need for the great outdoors — host gatherings with friends, play games on the lawn, you name it.

Flexible Rooms and Large Living Areas

Transform the luxurious lower level of this property with a flexible family/rec room, 6th bedroom and full bath, and storage area.

Move to the main floor and you’ll find a formal dining room, cozy wood-paneled din, and other home features like:

  • wet bar
  • marble fireplace
  • mud room off the garage
  • foyer entry and half bathroom

The upper floor features 4 bedroom suites with private bathrooms and walk-in closets. This nearly 7,500-square-foot home has space for everyone and for a variety of activities.

Luxurious Kitchen

Luxurious Lambton Park home kitchen

 

The Lambton Park home’s kitchen is one of the finer focal points of the house. The gourmet kitchen is furnished with granite countertops, an island, stainless steel appliances, and a well-lit breakfast room.

Choose Luxury with This Lambton Park Home

Generously sized rooms, luxurious home features, and a spacious outdoor area make this property in New Albany Country Club ideal for your elegant lifestyle. If you’re interested in this property at 7217 Biddick Court, contact us to request a showing of this highly desirable home.

Until next time,

Thomas & Company

 

 

An Impressive Waterston Home in New Albany Country Club

Sophistication and elegance are yours at 7324 Waterston. Enjoy this beautiful home located in the luxurious Waterston neighborhood, and discover more about this stately property.

Historic Charm with a Modern Twist

Large 2-story brick home in New Albany OhioFrom this home’s brick exterior and columns adorning the front door to the house’s spacious kitchen and carriage suite, this New Albany Country Club home embodies historic elements within a contemporary residence.

7324 Waterston’s charming home elements include:

  • luxurious home office
  • spacious great room
  • private bathrooms
  • butler pantry
  • large rec room

It’s All About Space in Waterston

Large TV viewing room in WaterstonThe size of this New Albany, Ohio property exudes comfort and style. Spacious living areas, a large lot, and plenty of utility space throughout the house allow for your maximum enjoyment. There is room for everyone in this 2-story home with:

  • open living areas
  • large mud room
  • 2nd floor laundry room
  • 6 spacious bedrooms
  • 2-room carriage suite
  • 4-car garage
  • 2,5000-sq.ft. lower level
  • oversized patio

Call This New Albany, OH Home Yours

Large brick house with spacious backyard in New Albany OHYour luxurious lifestyle continues in the Waterston residential community at this highly desirable home. Request a showing of 7324 Waterston to experience this property’s elegance in person, and contact us to learn how to make this house your home.

Until next time,

Thomas & Company

This Fenway Home in New Albany, OH is Beyond Breathtaking

Searching for a grand estate with million-dollar views and the finest home features? You’ve found it with our latest listing at 4227 Conklin Court, ideally located at the end of a peaceful cul-de-sac in Fenway. Discover what makes this house beyond breathtaking.

Magnificent Outdoor Garden and Grounds

Lush wooded garden with fountain and pool view in FenwayThis property makes full use of its 1/2 acre lot. Its lush green grass and wooded yards give this home a secluded outdoor setting that makes relaxing easy.

Stroll through the garden on a sunny day and lounge along the in-ground pool. You’ll love the feeling of a private country estate in the New Albany Country Club.

This Fenway property features these other outdoor focal points:

  • European-style fountains
  • landscaped lawn
  • pergola
  • expansive slate deck
  • patio areas
  • poolhouse

An Elegant and Stately Property in Fenway

Small columns stand at the elegant front door, and the brick home stands proudly. Large brick home with 3-car garage opening onto stone courtyardThe courtyard is expansive and lined with manicured hedges and trees.

Did we mention the 3-car garage? There’s also an impressive separate guest suite above it.

Like a European Castle, But in New Albany

Inside, 4227 Conklin Court boasts over 7,000 square feet of luxurious living areas and state-of-the-art home features. The Great Room by itself looks fit for royalty with its coffered ceiling, fireplace, hardwood floors, and columns.

This Fenway house also features:

  • grand foyer
  • granite countertops
  • stainless steel kitchen appliances
  • breakfast rooms
  • sunroom
  • wood-paneled den
  • upper level circular hall
  • custom skylight
  • 3 private bedroom suites
  • recreation room

Do You Desire to Call This Fenway Masterpiece Your Home?

Schedule a showing of 4227 Conklin Court and experience this magnificent Fenway home for yourself. If you’re interested in calling this New Albany home your own, connect with us today.

Until next time,

Thomas & Company

Buying a Home? 4 Things You Should Know About Home Appraisals

home mortgageAs you might already know, summertime is a very busy time for real estate agents. That’s why so many home buyers decide to enter the market during this time of year.

If you too are a prospective home buyer planning to enter the market soon, then you’ve visited the right real estate blog!

Today, we’re going to share four things that every home buyer should know about appraisals.

What Are Appraisals and Why Are They Important?

An appraisal is the valuation of a property by the estimate of an authorized person.

These are particularly important for those who will be taking out a loan on their next home.

And unless you’re independently wealthy (or have been successful in building a sizeable savings account), you will more than likely end up requesting a loan.

When you ask for that loan, banks reference your home’s appraisal as a way of deciding how much to give you. That’s why appraisals are so important.

Consider this example: Let’s say you make a purchase offer on a home for $120,000. You need a loan for exactly that amount.

However, when the appraisal comes back, it says the home is worth only $100,000 – and the bank isn’t willing to give you a penny more.

This means that you’re faced with a $20,000 budget gap. And that’s enough to kill many a real estate deal.

But Don’t Worry – We Can Help!

Here is some valuable information on appraisals that may help you avoid unfortunate situations like the one above:

Appraisers must meet certain criteria first. According to the Appraisal Institute, a qualified appraiser should be licensed or certified and also should be familiar with the local area. What’s more, federal regulations stipulate that the appraiser must be impartial and have no direct or indirect interest in the transaction. Fannie Mae even requires that appraisers certify that they have experience appraising similar properties in the same area.

Appraisal values are influenced by a number of factors. For instance, appraisers will consider recent sales of similar properties as well as current market trends. They’ll also factor in such things as the home’s amenities, number of bedrooms, floor plan functionality and more.

Appraisers are required to do a complete visual inspection of the interior and exterior of the home. During this time, they’re also required to note any conditions that may adversely impact the property’s value. This may include needed repairs.

Generally speaking, appraisers use Fannie Mae’s Uniform Residential Appraisal Report for single-family homes. This report asks the appraiser a number of questions, including what the home’s interior and exterior look like, what neighborhood it’s located in and what nearby comparable sales there are. Other parts of the report include: a street map showing the appraised property, an exterior building sketch, an explanation of how the square footage was calculated, and photos of the home. After providing all of this information, the appraiser offers an analysis and conclusions about the property’s value based on this information.

We’ll Help You At Every Stage of the Home Buying Process

We hope you found the above information insightful as a prospective home buyer.

Hopefully, if all goes well, the appraisal on your next home will go smoothly and you’ll be that much closer to owning your own home.

For EVERY stage of the home buying process, we want you to know that we’ll be there to assist you in order to make the experience as seamless as possible. Contact us today to learn more about the services we provide and the valuable advice and insight we can offer.

Report: US Housing Market Experienced Fantastic Gains This Spring

construction 4We just love having the opportunity to share with you good news about the US housing market and this is one of those weeks!

Evidently, according to a recent article we were reading, sales of newly built homes as well as home prices in general saw some great increases during the month of April, further demonstrating that the housing market continues to improve.

If you’re considering buying or selling real estate anytime soon, we encourage you to continue reading to learn more about this exciting development.

What You Should Know About the National Housing Market

Here is some of the most pertinent information you’ll need about the current state of the housing market:

  • New home sales increased 6.8 percent from March to April, to a seasonally adjusted annual rate of 517,000.
  • The median price of a new home sold in April was $297,300, up 8.3 percent from the year before.
  • Meanwhile, the Standard & Poor’s/Case-Shiller Home Price Index increased 4.1 percent in the 12 months that ended in March.
  • Supplies of existing homes remain tight and home builders are still slow to start construction on new project.
  • So far in 2015, builders have constructed just more than 1 million housing units, which is not too much different from 2014.
  • The construction pace increased some in April and actually hit the best level it’s seen since November 2007.
  • Also so far in 2015, monthly sales of new homes have average 515,000.
  • Meanwhile, new home purchases have been up 26.1 percent over the last year.
  • The housing market in April had 4.8 months of supply of new homes, although this is still short of the six months inventory that experts consider a balanced market.
  • New home sales represent about a tenth of all home purchases.
  • Historically, new home sales peaked in July 2005, when they hit an annual pace of almost 1.4 million.
  • Sales bottomed out in February 2011 at 270,0000 units.

Experts attribute steady job growth, historically low interest rates and rising rental costs and key catalysts for the recent improvements on the national housing market.

They have also noted that they believe that the US needs construction of at least 1.5 million new homes a year in order to keep up with the growing population as well as the average loss of existing stock each year because of age.

We’re Your Dedicated Real Estate Experts!

We hope you found the above data as encouraging as we did. The market definitely continues to improve month after month and the memory of the housing market crash continues to fade overtime. This is great news for everyone!

Check back here next time for more valuable information on the current state of the housing market and how it may impact your efforts as a buyer or seller.

Great News New Albany Buyers: Stunning Home for Sale in Lambton Park!

Biddick New Albany 1There are certain New Albany neighborhoods that are always popular among home buyers and Lambton Park is definitely one of them!

After all, this community is located within the coveted New Albany Country Club and boasts and excellent location within the exemplary New Albany Plain Local Schools District.

What’s more, this community has a reputation for offering residents an excellent sense of community.

Thus, buyers reading our blog today are sure to be thrilled to discover that there’s now a new listing available in Lambton Park. Continue reading to learn more!

This Lambton Park Home Listing Has It All!

Biddick New Albany 2Located at 7217 Biddick Court, this impressive home features 7,596 square feet of living space, including 6 bedrooms and 6.2 bathrooms.

This gorgeous brick home boasts a long list of luxury amenities, including a gourmet island kitchen with granite counters, stainless steel appliances, hall pantry and a light-filled breakfast room.

Other impressive features you’ll discover when you step inside this home include:

  • A cozy wood-paneled den with wet bar
  • Living room with marble fireplace
  • 4 bedroom suites, each with a private bath and walk-in closet
  • A spacious mother-in-law suite over the 3 car attached garage.

Meanwhile, the nearly half acre lot is beautifully landscaped for shade and privacy and even features a brick patio overlooking the backyard.

And here’s an added perk to living here: It boasts an ideal location that’s just 2 miles to Market Street as well as New Albany High School.

This home is currently listed at $1.18 million, which is truly a bargain when you consider all of the features it comes with.

We’re Your Dedicated New Albany REALTORS

Biddick New Albany 3If this sounds like exactly the kind of community you’ve been dreaming of as a home buyer, then please take a moment now to connect with us, Thomas &  Company, your dedicated New Albany real estate experts.

We would love to assist you by answering any questions you might have, providing valuable insight on this home for sale and even scheduling a showing for you!

Until next time,

Thomas & Company

Middleton House – A Granville Property w/ Plenty to Offer Buyers!

Columbus New Albany 1We have exciting news to share with you form the Granville real estate market! We recently listed The Middleton House, located at 2256 Columbus Road.

This remarkably unique, historic estate sits on an impressive 43-plus acres, which overlooks the surrounding hills and valleys of Granville.

This home is truly remarkable. And it can be yours for just $1.85 million.

If you’re in the market for a new Granville home, we invite you to continue reading to learn more about what this home has to offer.

Live the Good Life in This Granville Home

Columbus New Albany 2Originally built in 1915, this English Country-style residence served as the original site of the Granville Literary and Theology Institution. It also serves as a guest house and conference center for Denison University.

Today, this stunning white home on Columbus Road features 6 bedrooms and 5.2 bathrooms.

Step inside this 7,150-square-foot home, and you’ll discover an endless procession of incredible amenities.

These include:

  • A grand foyer with 2-story ceilings, elegant carpeted stair and custom arched window.
  • A light-filled living room with wood-burning marble fireplace and built-in cabinetry.
  • A family room and adjacent office/den, each with a fireplace.
  • An elegant formal dining room with original oak wood paneling, built-in leaded glass cabinetry, tiled fireplace and bay window.
  • A completely renovated gourmet chef’s kitchen, which includes a custom island w/built-in breakfast table and prep area, white Carrarra marble countertops, Sub-Zero refrigerator/freezer & Wolf gas stove with double oven and so much more.

And that’s just the main level. On the first upper level, buyers will discover four bedrooms with private bathrooms, an impressively spacious master suite with seating area and more.

Columbus New Albany 3And on the second upper level, they’ll be impressed with the large recreation room with adjacent media room and the fifth bedroom and hall bath.

Meanwhile, the lower level of this breathtaking estate features an exercise room, walk-in wine cellar and more.

The marvel that is this Granville home doesn’t stop when you tour the exterior of the property either.

With 43-plus acres, buyers will discover a tranquil oasis that’s perfect for relaxing, playing and entertaining guests.

There’s even an equestrian barn with 9 stalls, a tack room, open hay mow, fenced pasture and a fully-renovated Caretaker’s Quarters with a kitchenette, fireplace, bedroom and bath.

There’s also a four-car detached garage with extra storage as well as a 25-car paved parking lot and motor court on the property. Wow!

Feel Like Royalty When You Purchase This Granville Home

Truly, this home is a modern day palace! And you could be its next king or queen.

Contact us, Thomas & Company, today if you’re interested in receiving more valuable information about this property or if you’d like to schedule a showing. We would love the opportunity to assist you!

Until next time,

Thomas & Company