Category Archives: Uncategorized

Rob’s March Update

Summary

  • We typically see a significant increase in listings when the weather warms up
  • COVID-19 put an emphasis on home but we are now beginning to see a return to normalcy
  • Interest rates are beginning to adjust upwards and buyers may feel increasing pressure to buy

Spring Market

As the predominant real estate group in New Albany for 20+ years, we have developed an excellent feel for the market’s cadence. We know that when the weather turns and it begins to warm up, typically, we see a significant lift in inventory. Thus easing the supply and demand strain that we feel in late winter/early spring. Initially, the surge of listings gets absorbed by a large number of active buyers in the marketplace. However, after 4 to 6 weeks of consistent increases in listings, we begin to see buyers take a step back. They realize that there will be more options if the current listings don’t meet all their needs. It generally becomes a slightly less competitive environment.

COVID-19 Impact on the Market

What we saw last year during the lockdown was housing became the highest priority for people. It was the most important thing. Now that we’re beginning to see the return of normalcy, I think we’re going to see the emphasis people are putting on their home pulled back some now that the pandemic is, hopefully, nearing its end. The pandemic caused people to need more space or a home change due to working remotely or homeschooling. It might not be as much of a driving force going forward. As offices begin to welcome employees back and families are permitted to travel more, it’ll be interesting to see how the market continues to adjust. 

Interest Rates

Clients should note that interest rates have begun to adjust upwards, and as buyers start to see the impact on their monthly payment, they feel increasing pressure to purchase before rates go higher. The expectation was that rates would adjust upwards, and that would settle down the buyers. However, my short-term prediction is that the trends of rates increasing will cause people to almost panic buy. They’ll feel like if I wait six months, I might be paying $100 more per month, so I might as well get locked in now. 


Columbus Housing Shortage

The Columbus housing market is experiencing a shortage of homes. We have several qualified buyers looking for a new place to call home. It’s never too early to chat about your real estate options for 2021.


Whether you’re downsizing or you’re looking for more space, reach out by emailing anyone on our team or giving us a call at (614) 939-1234. We really look forward to hearing from YOU!

March Handy Homeowner Tip

April Showers

  • Being unprepared for rain can cause leaks or floods in your home
  • Test your sump pump once a year and make sure your gutters are clean

We’ve all heard horror stories of basements flooding or other damages due to heavy rains in the Spring. If your home is unprepared for spring showers, you might fall victim to leaks or floods. 

The primary thing that home inspectors call out is to test your sump pump once a year. To test your sump pump, lift up on the float and see if it pumps. You can also unplug and replug your sump pump to see if it turns on immediately. If it doesn’t, you might need to repair or replace it. 

If you have a finished basement, we always recommend a backup sump pump or battery backup. Another way to ensure no leaks is for homeowners to clean their gutters. Ensure the downspouts are properly connected and are leading away from the house as much as possible. We recommend Dan the Gutter Man; they offer gutter cleaning and repair. 

Don’t forget to keep a positive grade around the perimeter of your home. One of the leading causes of wet basements is a negative grade near the foundation caused by settling. To correct the grade you can add dirt purchased from Ace Hardware or Oakland Nursery. 


If you want more information on our homeowner tips, please don’t hesitate to contact info@thomasriddle.com . We can recommend local professional services around Central Ohio for all your needs!

New Albany Library Renovation

  • New Albany Library is currently undergoing a $1.9 million renovation
  • The library is expected to open mid-April

The New Albany Library, a local staple for the community, is currently undergoing renovations. In January, the library began a $1.9 million renovation that includes a new ceiling, lighting, flooring, windows, HVAC, and furniture. The upgrades also have a new customer-service desk, a larger teen area, and a more extensive Homework Help Center.

The New Albany branch of Columbus Metropolitan Libraries first opened back in 2003. 18 years later, the library is getting some well-due updates. Currently, the library is open for pick-up and drop-off on the side of the building. 

Benjamin Reid, the branch manager, spoke about one of the new features added – the study rooms. The study rooms are open to patrons after the library reopens and can be reserved for same-day use. It’s a great way for community members to enjoy the library and have some private space to study. 

The library plans to reopen in mid-April, later than the initially scheduled date, due to construction delays. Reid says, “we’re very excited to welcome the community back once we’re open again!”


If you have any questions about the current active listings in New Albany email us at info@thomasriddle.com or call us at 614-939-1234!

March Design Corner

Step-By-Step Styling Guide for Shelves

Shelf styling is one of our team’s favorite decorating techniques, but it’s also one of the trickiest. If you’re thinking about updating or styling your shelf for the first time, follow these steps: 

Step 1: No matter what kind of shelves we’re styling, we always empty our shelves first. That way, we can start fresh and see the space we’re working with as a blank canvas. 

Step 2: Once you have cleared everything from your shelves, look at what you already have, and start grouping your objects by size. This process makes it easier once you start styling, and it helps you see what you may want to add to your collection. 

Step 3: Start by using your biggest items first to create focal points to style around. Vases, baskets, bowls, art, or other large decor items are perfect for adding visual weight to a built-in. We typically like to stagger these items so that they don’t stack on top of each other and are not right next to each other, which helps create balance. It helps to place all of your similar objects at the same time. For example, style all of your vases, then your baskets, etc. 

Step 4: Start to create groupings with your smaller items. Stacking books, adding in boxes, and pairing two similar elements together are some of our favorite go-to’s. Add personal touches like family photos or collected objects. 

Step 5: Once you’re happy with the general idea of what you have created, step back, and evaluate. Don’t be afraid to add, subtract, or start entirely from scratch if the final result isn’t speaking to you. 


Refine & Design is an interior styling and home staging company dedicated to making your space functional and beautiful. Refine & Design provides affordable, practical, and creative solutions personalized to fit your taste and lifestyle. You can call or email them at 614-296-9800 info@refineanddesignhome.com

If you need any other design tips or recommendations, don’t hesitate to reach us at info@thomasriddle.com. We work with trusted professionals to give you the best quality for the best prices!

February Design Corner

Kitchen Remodels

  • Kitchen renovations can vary from small improvements to full-blown remodels.
  • The top choices for cabinet colors are white and gray. 
  • A contrasting accent color in a kitchen can make the space pop.

The kitchen remains the home’s command center and has stepped up to be the family room, office, classroom, and more. Whether you choose to do a simple yet powerful upgrade or a full-blown remodel, you will enjoy the benefits of a fresh new space.  

Homeowners are focusing on function and storage, upgraded cabinets (new or painted), countertops, sinks, faucets, appliances, tile backsplash to the ceiling, statement lighting, cabinet hardware, mixed metals, large windows for more natural light, custom vent hoods, and flooring (wood, luxury vinyl planks, or tile).

The top choices for cabinet colors remain white and gray. However, wood is enjoying a bit of a revival with medium wood tones of subtle-grained ash, paler than oak or walnut to add a rustic charm. Throw the rule book out of the window in favor of unexpected paint-color pairings. Many people choose a contrasting accent color for their kitchen island, upper cabinets, and lower cabinets. Blue or green paired with white are the top color choices for this combo. One of our favorites is Sherwin Williams Dried Thyme and Pure White. 

Photo of recent remodel with Pure White upper cabinets and Dried Thyme lower cabinets.

Before

Refine & Design is an interior styling and home staging company dedicated to making your space functional and beautiful. Refine & Design provides affordable, practical, and creative solutions personalized to fit your taste and lifestyle. You can call or email them at 614-296-9800 info@refineanddesignhome.com

If you need any other design tips or recommendations, don’t hesitate to reach us at info@thomasriddle.com. We work with trusted professionals to give you the best quality for the best prices!

February Handy Homeowner Tip

Carbon Monoxide Sensors

  • Carbon monoxide is a silent danger that many don’t realize until it’s too late.
  • Carbon monoxide is a poisonous gas that kills more than 400 Americans every year.
  • CO sensors should be placed on every floor of your home and low to the ground.

Winter weather means staying cozy at home, but that also means the potential dangers of keeping your home warm. Carbon monoxide is a silent danger that many don’t realize until it’s too late. Due to Texas’s hazardous weather, we’ve heard plenty of horror stories on CO poisonings this season. To protect yourself and your family, we’ve gathered tips on keeping your home safe every year.

We recommend having a carbon monoxide sensor on every floor of your home. A common mistake people make is mounting them high. However, carbon monoxide is heavier than oxygen and will be easier detected close to the ground. The best ones we recommend are the ones you plug into walls, so you don’t have to replace them often. 

The CDC recommends having your heating system, water heater, and any other gas, oil, or coal-burning appliances serviced by a qualified technician every year. Carbon monoxide is an odorless and colorless gas; therefore, it can be hard to detect but having sensors is an easy way to protect yourself and your family. 
If you want more information on our homeowner tips please don’t hesitate to reach out at info@thomasriddle.com. We can recommend local professional services around Central Ohio for all your needs!

Brewdog Opening in New Albany

Summary

  • Brewdog will open its fourth location in New Albany this year.
  • The brewery is expected to have a total of 8,600 sq ft of restaurant space

This month, the Scottish brewery, Brewdog, announced their new location is coming to New Albany this summer. Taking over the former New Albany Mill Building, the new brewery will have a total of 8,600 square feet, 6,900 square feet of indoor restaurant space, and 1,645 square feet for a covered patio – perfect for the summer weather.

The famous Columbus craft brewer will have various amenities like indoor and outdoor fireplaces, jumbo games, and an interactive beer school. The New Albany location will be the company’s fourth brewpub in Central Ohio. Other sites include BrewDog DogTap in Canal Winchester, BrewDog Franklinton, and Brewdog Short North. The new space will open in the spring or summer of 2021. We can’t wait to add this new spot to our town!

Courtesy of Brewdog

If you have any questions about the current active listings in New Albany email us at info@thomasriddle.com or call us at 614-939-1234!

Rob’s February Update

Summary

  • The current real estate market is experiencing constrained inventory.
  • 3 things to include in a winning offer in multiple-offer situations.
  • Sellers should work with experienced agents to yield top-dollar for their homes.

Current Market

Currently, the real estate market is experiencing a constrained inventory, with more buyers entering the marketplace every week. We continue to see multiple offer situations at every price point. Since the pandemic first began, we’ve had an unprecedented market. Historically, the market has had a predictable cadence, and we know that inventory tends to open up as the weather breaks. We hope that trend continues this year. 

Tips for Buyers

In this competitive market, it’s critical you work with an experienced and knowledgeable agent. At Thomas | Riddle, we’re fortunate to have the exposure of 100+ transactions annually that help us come out on top in multiple offer situations. We have real-time information on what offers win because we work on both sides of the transaction. 

Due to the constrained market, we’ve seen an increase in multiple offer situations on homes. If you’re in a “bidding war,” we recommend these 3 things to include in your offer: 

1. Over list – by this, we mean that your offer should be over the seller’s asking price

2. In your offer, agree to purchase the home as-is (with rights to inspection)

3. Appraisal gap coverage – in the event the appraised value is below the agreed-upon purchase price, the buyer will bring additional funds to closing to make the seller hold

Multiple offer situations can seem complicated and tricky to navigate, but being an established top team in Central Ohio, our ultimate goal is to aid our clients every step of the way. Regardless of the price point, sound advice and experience are more critical than ever in this competitive environment.

Tips for Sellers

The current market is one of the best markets, if not THE best market we have ever seen for Central Ohio sellers. However, it’s important to remember that your home must be well prepared for the market and priced correctly to yield top dollar. There is a misguided tendency in a seller’s market to overprice a home or not prepare a home appropriately for the market in hopes that the low inventory/high demand will overcome those misgivings. It doesn’t. While we’re in a high market, taking advice from experienced realtors is still essential.

In a hot market, your biggest enemy is days on the market. Sellers should remember that along with a hot market comes new challenges with regards to becoming stigmatized. If your home is mispriced or unprepared and sits on the market for a couple of weeks, it will become stigmatized, and you will ultimately yield less. A couple of weeks in a hot market is like a hundred days in a regular market. Whether you’re trying to sell your home or buy Thomas | Riddle is here to help our clients through every step of the transaction. 

Columbus Housing Shortage

The Columbus housing market is experiencing a shortage of homes. We have several qualified buyers looking for a new place to call home. It’s never too early to chat about your real estate options for 2021.


Whether you’re downsizing or you’re looking for more space, reach out by emailing anyone on our team or giving us a call at (614) 939-1234. We really look forward to hearing from YOU!

Personal

February has been a big month for Thomas | Riddle, with homes quickly selling on the market every week. However, we still try to make time for family. A tradition Johnna and I have for Valentine’s Day is that we spend it with family. Every year we get together with Johnna’s siblings and their spouses, and we enjoy food, drinks, and games while our kids are with their grandparents. It’s a great way to make a hallmark holiday special for us. 

Taylor Farm Park

  • New Albany City Council approved spending on the 100-acre park at the junction of Harlem Road and Dublin-Granville Road
  • Taylor Farm Park is expected to be done by the end of 2021

This month, New Albany City Council approved spending on the 100-acre park. Phase 1 of the plan includes 3.5 miles of multi-purpose trails, seating areas, parking, and landscaping. 

Additionally, the council for the city of New Albany approved spending $500,000 through The Clean Ohio Conservation Program Fund to develop and improve phase 1. The park is expected to be done by the end of the year. 

In This Week Community News, Adrienne Joly, director of administrative services for the city, said, “it’s a very scenic piece of ground. It’s big enough that it will feel like a Metro Park that it will have woodland areas, open areas, and wetlands.” 

Currently, on the property, there is a barn and farmhouse. It is unclear whether the city will choose to preserve it.

Taylor Farm Park will also give more outdoor opportunities for the New Albany community. Located at 5526 Dublin-Granville Road, the park will be close to New Albany’s Market District. Park-goers will be able to enjoy the amenities of Market District thanks to its proximity.

Courtesy of The City of New Albany

If you have any questions about the current active land listings in New Albany email us at info@thomasriddle.com!

January Design Corner

  • Maria Bonaventura of Refine & Design says the top decor trend for 2021 is earthy, organic palettes and textures.
  • Sherwin Williams 2021 Color of the Year, Urbane Bronze, is perfect for interior and exterior projects as the primary color or accent color.

As many people spent more time indoors throughout 2020, not only were they craving more comfort — they were also forced to reimagine their spaces to meet the demands of their new lifestyle.

Whether that called for creating a functional home office, designing a multipurpose room for a Zoom meeting, or remote learning, just about every area of a home likely required a refresh.

A top home decor trend for 2021 is earthy, organic palettes and textures. For example, lots of wood finishes, mixed metals, rattan, camel color, and deep hues like Sherwin Williams 2021 Color of the Year, Urbane Bronze. This color is perfect for interior and exterior projects as the primary color or accent color. Pair it with warm neutrals and bone whites to create an updated take on minimalism.

  • Maria Bonaventura, Founder of Refine & Design

Refine & Design is an interior styling and home staging company dedicated to making your space functional and beautiful. Refine & Design provides affordable, practical, and creative solutions personalized to fit your taste and lifestyle. You can call or email them at 614-296-9800 info@refineanddesignhome.com

If you need any other design tips or recommendations, don’t hesitate to reach us at info@thomasriddle.com. We work with trusted professionals to give you the best quality for the best prices!

New Albany Neighborhoods