Tag Archives: home

Change Your Home with Color!

Orange ChairWe like color and the positive impact it can have on you and your home!

As Realtors, we constantly counsel sellers on the need to take their homes to white, beige, gray and greige in order to sell. But selling your home isn’t anything like living in your home. When you are selling, we treat your home like a Hollywood set. But for living in your home, it needs to reflect YOU!

Moll Anderson’s book, “Change Your Home, Change Your Life With Color,” notes that “color is an amazing source of energy and has a sensory effect on all of us. It affects our moods, our feelings, and even our behaviors.”

FullSizeRenderWe believe this is true. Orange is a very happy color for Kate and Tony, who have introduced it into every room in their house, most dramatically in their dining room artwork. We are advocates for pops of color in your home – whether it’s a piece of furniture, art, accessory, drapes, or accent wall. We’re not suggesting you need color from floor to ceiling in every room of your home. Be creative; there are no rules. How do you want your home to inspire you? Do you want your home to make you feel happy, calm, energized, passionate, creative, dramatic, rested, etc.?

Rather than focusing on spring cleaning your home, we propose you consider sprucing up with a pop of color for exactly what you need to bring into your life!

FullSizeRender (2)Thinking of selling your home?

If you are thinking about selling your home in the near future, don’t hesitate to call us about our marketing services, including home staging. We will advise you of what today’s buyers prefer and get you all fixed up to sell! Thomas & Company will coordinate anything that needs to be done and even stage your home for you!

Have fun and happy spring!

 

A Guide to Choosing the Right Patio Furniture

Patio Furniture

Adding patio furniture to your outdoor area is the perfect way to extend your livable space. With warm weather upon us, we put together a breakdown of the most popular outdoor furniture materials and the benefits of each.

Wicker: You might think of wicker as a material, but the term wicker actually refers to the weaving method used to make this furniture. Wicker can be made from a few different materials such as bamboo, straw, or rattan, but it is common to see wicker furniture made from synthetic plastic as well.

Organic materials like rattan are susceptible to breaking down and unraveling if exposed to harsh elements, and as a result, natural wicker furniture is not the best choice for outdoor furniture. On the other hand, synthetic wicker furniture is typically made of PVC, nylon or polyethylene materials, creating a durable material that can handle all of the seasons and one that is lightweight and easy to clean.

Synthetic wicker is UV resistant which means that you will not have to worry about your patio furniture cracking or fading out in the sun. Polyethylene also has great heat resistance and is able to withstand 230 degrees Fahrenheit continuously.

Teak: Teak is a natural wood found in Asian countries like Thailand, Sri Lanka, Indonesia and Myanmar. What separates Teak from other types of wood are the natural oils that remain in the wood after it is cut down. These natural oils protect and strengthen the wood, and as a result, teak furniture can last for many years and require little to no maintenance. The natural durability of teak makes it a great choice for high quality outdoor furniture that will last through every season.

Yellow Pine: Southern Yellow Pine originates in the Southeastern portion of the United States. This wood has some of the highest density properties of any pines, making it a sturdy choice for outdoor benches and seats. The abundance of yellow pine throughout the Southeastern United States makes this a cost-effective choice for wood patio furniture.

Another benefit of yellow pine is its high weight density, making it a strong and impact resistant. With a density between 50-55 lbs. /cubic foot when treated, this wood will be able to hold up to any demanding activities on your patio.

Recycled Plastic: If environmental protection is a priority, then recycled plastic might be your top choice for patio furniture. Recycled plastic furniture options include tables, chairs and benches, and the recycled plastic “lumber” used to make this furniture is designed to have the look and feel of real wood. This furniture is versatile in design and can fit any aesthetic that you are looking for, whether you want a wood grain look or a bright pink chair.

One type of this recycled material is Marine Grade Polymer, or MGP. This polymer is a plastic that is manufactured to last on boats, docks, and other environments where direct sunlight is constantly a factor, and as a result it is designed to not warp, rot, swell, or splinter when exposed to sunlight, humidity, or water.
Cast Aluminum: The sturdiness and longevity of cast aluminum make it a great fit for outdoor patio furniture. Cast aluminum is not prone to rust so it can be a great option for those who live in areas with high humidity or exposure to salt water. The construction of cast aluminum makes the material solid to the core, resulting in an extremely durable and long lasting product.

Additionally, aluminum and cast aluminum furniture can often have a powder coated finish, which helps protect against corrosion and color fading in adverse climates.

Steel: Steel is the heaviest of all the metals, so if you are one to constantly rearrange your furniture, it may not be for you, though the weight of steel furniture makes it extremely durable. Steel and other metal furniture (besides aluminum) can be at risk for developing rust, so some annual maintenance may be necessary, but few can argue that a nice steel furniture set can really create a beautiful outdoor space.

Worth noting is that steel, aluminum, and other metals can become very hot when exposed to direct sunlight, so they may not be the best choice in very sunny environments.

It is important to choose the furniture material that best reflects your style and your environment. Different materials have different benefits, but ultimately choosing furniture with a higher quality construction will result in longer lasting enjoyment.
This information was provided by Chris Dietrich, a furniture specialist with Patio Living. For more information on outdoor furniture and patio designs, visit patioliving.com.

How to Know When to Fix Your New Albany, Ohio Home or Sell It As Is

It’s a question that every home seller will need to face at some point during the New Albany home selling process: Should I fix my home to make it more attractive to buyers or try to sell it as is?

Like many things in life, there is no clear answer to this question.

After all, your decision whether to sell your home as is or not will depend on a variety of factors, which we will explain below.

Properties for Sale on the New Albany Real Estate Market

There are many factors that one should consider when deciding whether to sell their home as is, including competing inventory, recent New Albany housing market activity and more.

If your home is going to cost a lot to repair to the level where normal home buyers would want to purchase it, you may consider pricing it below market – especially if you’re in a hurry to move out.

By doing so, you’re likely to attract multiple offers either from investors or home buyers willing to do repair work themselves who are looking for a “deal”.  Generally speaking, fixer-upper buyers will not pay top dollar on a home in need of repairs.   They’ll probably factor in the cost of the repairs as well as a cost for the hassle of doing them into an offer. Thus, if you definitely have a price point you want to meet on the sale of your New Albany home, you may just want to make repairs before you list your home.

If you’re trying to add value to your home by making repairs to it before you list it on the New Albany market, remember that the improvements in kitchens and bathrooms have the highest return on value.

Here are some other factors that you should consider when deciding whether to sell your home as is:

  • What do other homes in your price range and location have? If all other homes have renovated kitchens, you may consider investing in a remodeling as well. Otherwise, you’re likely to receive low ball offers.
  • Is it a seller’s market? If it is, you’re more likely to get away with selling your home as is because buyers will be desperate to close the deal. If it’s more of a buyer’s market, you may have to put some sweat equity in your home to attract potential buyers.

If you decide to fix your home before listing it on the New Albany real estate market but don’t want to completely wipe-out your bank account, we recommend you make these minimal repairs at least:

  • Patch any holes and cracks in the walls and ceilings; touch up woodwork and trim
  • Fix or replace broken appliances and HVAC systems
  • Fix leaky faucets; possibly update hardware
  • Replace darkly-painted or wallpapered rooms with neutral colors
  • Replace old, stained, or dark colored carpet
  • Make sure your home is up to code
  • While not a repair, decluttering the house, closets, and garage costs little and is time well spent

Your Expert New Albany, Ohio REALTORS

If you’re considering listing your home anytime soon on the Central Ohio real estate market, we hope you found the above information helpful!

For more tips on how to expertly navigate the New Albany housing market as a seller, please feel free to contact us, Kate & Tony Thomas, today!

We also welcome you to check out some of the helpful real estate tools we are already offering online for free, such as:

Until next time,

Kate & Tony

Hampsted Community in New Albany, Ohio

The Hampsted Community is an impeccable part of New Albany, Ohio that boasts three unique neighborhoods.

These distinctive neighborhoods are all connected by a well-maintained walking trail and they’re all served by the New Albany Plain Local School District.

They’re also all conveniently located near plenty of shopping, dining and entertainment venues within New Albany.

Continue reading to learn more about the three neighborhoods of Hampsted to see if any one of them is a good fit for you as a New Albany home buyer!

New Albany Homes for Sale

All three neighborhoods within Hampsted were built and designed by Showcase Homes. Thus, whichever community you ultimately invest in, you can feel confident that you will be investing in a quality-built home for sale!

This leading Columbus builder is well-known in Central Ohio for their commitment to details as well as the 30-year transferable structural warranty they offer.

Here are the three neighborhoods within Hamsted, as well as the distinguishing features for each:

Hampsted Village: By far the most expensive neighborhood in the Hampsted area, Hampsted Village was the first community built by Showcase Homes in New Albany. Construction on this community started in 1995. Today, there are about 335 homes located in this neighborhood.

  • Price Range: $275,000 to $550,000
  • Square Footage Range: 2,000 to 4,000
  • Neighborhood Amenities: A number of large green spaces throughout that are perfect for a number of sports.

Hampsted Green: This New Albany single family neighborhood features 170 homes, all of which are positioned on beautiful lots. The lots in Hampsted Green are a little bit smaller than Hamsted Village, although they’re still a decent size!

  • Price Range: $250,000 to $375,000
  • Square Footage Range: 2,000 to 3,5000
  • Neighborhood Amenities: Community gazebo, close proximity to area stores and restaurants

Hampsted Heath: This single-family neighborhood features about 125 residences, all of which boast well-designed floor plans with top-notch building materials. Perhaps the most distinctive part of Hampsted Heath is that it has a lot of natural beauty. For instance, many of these homes share borders with heavily-wooded preserves as well as streams and a community pond.

  • Price Range: $400,000 to $700,000
  • Square Footage Range: 3,000 to 4,500
  • Neighborhood Amenities: Proximity to a number of stores and restaurants in the area

Buying and Selling New Albany Real Estate

If you’re interested in learning more about any of the Hampsted area residential neighborhoods, then please don’t hesitate to contact us, Kate & Tony Thomas.

When you do, we’ll take the time to answer any questions you may have about the New Albany real estate market in general and the Hampsted area specifically.

If you’re ready to get your Hampsted area home search started right away, be sure to check out some of these pre-defined searches that we offer:

Are you already living in one of these fine Hampsted neighborhoods and considering selling it? Contact us as well for expert advice and such helpful tools as:

Until next time,

Kate & Tony

Several Things You Can Do Before Listing Your New Albany, OH Home

It’s a common theme that has echoed in many real estate markets across the nation: It’s a buyer’s market.

This means that – generally speaking – both home sales and home prices are down.

But there are still plenty of things that home sellers can do to ensure a successful outcome on the local housing market.

Continue reading to learn more about these tips and see how they can help you as a New Albany home seller.

Things to Do Before You Enter the New Albany Real Estate Market

Get Your Home in Top Condition. Seller’s face a lot of compeitition in a buyer’s market because there are more home sellers on the market than home buyers. Thus, it’s important to make your home stand out above the rest. You can do this with some easy-to-do improvements around the house, such as giving your home a fresh coat of paint, cleaning the entryway to your home and trimming overgrown bushes and shrubs out front. All of these things will increase your home’s curb appeal, which will likely attract more home buyers.

Prepare an Aggressive and Comprehensive Market Plan. The best marketing plans use an array of media to reach the largest audience possible. They also play up your homes best features. An experienced New Albany real estate agent can help you create the right marketing plan for you and your home.

See if your company offers relocation assistance. If you’re moving to another city for a job, you may want to check with your employer to see if they offer any sort of help to make selling your home easier. Check with your human resources department for more information.

Set the Right List Price. As we mentioned in a previous New Albany real estate blog, setting your home’s list price too high in the beginning could create substantial problems for you as a home seller.

DeClutterize Your Home. By removing unnecessary furniture and knick-knacks from your home, you’ll make the home appear both neater and bigger. This will, in turn, make your home more attractive to prospective home buyers. Here’s a good rule of thumb: If you haven’t used the item in more than 6 months, it’s probably time to get rid of it.

Stay In-The-Know About Market Activity. In this kind of economy, the New Albany housing market is a constantly changing and evolving arena. To ensure that you don’t get left behind as a home seller, make sure you stay on top of market activity. Our ***** can help you with this goal.

Sell Your New Albany Property Today

For more information on the best way to navigate the New Albany real estate market as a home seller, contact us, Kate & Tony Thomas, today.

As experienced Central Ohio REALTORS, we’ll tell you about other things you can do to ensure a successful outcome on the market.

We’ll also provide you with a number of helpful (and FREE!) home selling tools, such as:

Until next time,

Kate & Tony

 

New Albany, Ohio Real Estate Market Report for November 2011

The New Albany, Ohio real estate market saw a lot of changes during the last couple of months, according to the most recent data from the real estate website Trulia.

Evidently, both home sales and home sales prices have been on the rise lately.

Continue reading to learn more about the latest trends on the New Albany housing market, and how they may affect you as a New Albany home buyer.

New Albany Homes for Sale

Here’s an overview of the current state of the New Albany real estate market based on recent market data:

  • Currently there are 286 homes for sale.
  • Between August and October 2011, the median sales price for a New Albany home was $305,000, which represents an 18.4 percent increase when compared to the same period last year.
  • Last year, the median sales price was $257,500.
  • During the week ending on November 2, the average price per square foot for a New Albany property was $157, which represents a 33.1 percent increase when compared to last year.
  • During that same week, the average listing price for homes was $394,553, which is a 1.8 percent decrease when compared to the week before.
  • Here’s how nearby markets stacked up in terms of average listing prices during that same week:

– Gahanna, Ohio: $195,597
-Westerville, Ohio: $246,323
-Pataskala, Ohio: $188,683
-Whitehall, Ohio: $109,092
-Reynoldsburg, Ohio: $138,261

This recent market data suggests that now is a great time to be a New Albany home buyer.  As the number of home sales continues to rise, so will sales prices.

Thus, if you’re looking to get a great deal on a New Albany property for sale, then we recommend you enter the market soon.

Investing in Real Estate

As your New Albany real estate experts, we believe that knowledge is power.  That’s why we work hard to provide interested home buyers with the most up-to-date market information each month.

That way you have a realistic and comprehensive view of the current state of the market, which will ultimately make you a savvier home buyer.

If you’d like to learn more about how we make navigating the market easier for New Albany home buyers every day, contact us, Kate and Tony Thomas, today.

We’ll be happy to answer any questions you might have as well as provide you with such helpful real estate tools as:

Until next time,

Kate & Tony

New Albany Home Prices Stabilizing

New Albany Country Club Homes Prices Hold

Sale prices of homes in the New Albany Country Club community seem to have leveled out.  2012 prices remain equal to 2009 and 2010.  One of the gauges we use to evaluate sales trends is $ per Square Foot.  If you look at the past 3 years, the average sales price for real estate in the New Albany Country Club area has been ~$162/square foot.  While this is significantly less than the peak of $197/sq foot that we saw in 2006, it’s encouraging that we appear to be bouncing along what I believe is the bottom of the market.

Historical Look at New Albany Country Club Sales in $/Square Foot

The graph below illustrates why many real estate experts refer to the time between 2000 – 2010 as the “Lost Decade”.  Home prices in the New Albany Country Club community are actually slightly below the prices we saw in 2000.

 Is Now A Good Time To Sell?

Prices show no sign of going either up or down right now.  When they start to head back up, it’s unlikely that they will take a giant leap.  With few exceptions, in an average year, the Greater Columbus real estate market goes up 3%.  At 3% a year, it will take almost 7 years before we see 2006 prices once prices do begin to rebound.   If now is the time for you to upsize, down size, or just move because you don’t want to redecorate the home you are in, then you should do it.    Homes ARE selling and mortgage rates are at 60 year lows.  Let us know if you’d like Tony or I to assist you with your decision.  We offer confidential and complementary market evaluations of your home to enable you to make the best decision for you and your family.  Call or email us today.

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Sunny Skies Should Continue in New Albany, Ohio

Home Sales Up 29% YTD in New Albany

I just pulled the Year-to-date statistics for home sales in New Albany and was very pleasantly surprised at how strong they are.  Through May, 2011, 124 single family homes have sold in the New Albany Plain Local School District versus 96 sold through May in 2010.  This is a remarkable 29% increase in homes sold this year over last.  TY/LY sales for the Greater Columbus area are down 16%.

Need Homes to Sell to Sustain Trend

With this leap forward in home sales, and a large inventory of homes currently in contract, New Albany is positioned to have a truly excellent year.  The only stumbling block that I see right now is if the low number of homes for sale is not replenished.  Inventory levels are off significantly.  In order to sustain the current trend, it’s time for the “don’t have to sell, but want to sell” sellers to re-enter the market.   If you fit that description or are a “have to sell” seller, then we want to talk with you!  Call or email us today.

Not Enough Homes for Sale in New Albany, Ohio!

Hard to believe but true…

There are simply not enough homes available for sale in the New Albany Plain Local School District.  New Albany real estate inventory levels are at record lows – off almost 40% from this time last year.  Prices are stabilizing and buyers are looking.  I have to say, if you’ve been on the fence about selling, this would be the time to get your New Albany home on the market.

 Low Inventory in all Neighborhoods

Consider the following figures which point out how low the inventory is in each neighborhood we regularly track:

Neighborhood # Homes
For Sale
Total Homes In
Neighborhood 
 % to
 Total
The Preserve 9 609 1.5%
Albany Park 3 193 1.5%
Windsor 2 156 1.3%
Hampsted Village 16 675 2.3%
New Albany Links* 21 495 4.2%
New Albany Country Club 66 1094 6.0%
Total 117 3222 3.6%

At the peak of the market we often had 10% of the total number of homes in a neighborhood on the market.  Don’t delay if you, or someone you know is interested in selling their home.  The spring market has begun!  Contact Kate or Tony at 614-939-1234 or katet@newalbanyrealty.com to discuss potential marketing and pricing strategies for your New Albany home in this current market.

*Includes Upper Clarenton. **Data is obtained from the Columbus Board of Realtors MLS and may not include all activity in the real estate market.

Search the MLS Yourself!

Homes For Sale in New Albany at a 2 Year Low

The number of single family homes for sale in New Albany, OH reached a new low in February falling 34% from the same time in 2009.  There are currently 168 homes for sale in New Albany Plain Local School District versus 207 in February, 2010 and 256 in February, 2009.  The following neighborhoods have reduced inventories from the same time 2009.  Some declines are more significant than others. 

New Albany Homes For Sale Feb 2011, 2010 & 2009

Does a low inventory make it a good time to sell your home?   

The answer is “Yes”.  The timing of when to put your home on the market is a common question.  The spring market is approaching and traditionally we see more buyers during March – June than we do at any other time of the year.  There are always buyers looking for great homes in a great communities and New Albany has both!  Contact katet@newalbanyrealty.com to confidentially discuss placing your home on the market this spring and to address any questions you may have about market trends in your specific neighborhood. 

Stay informed by subscribing to our monthly marketing report from Altos Research.

New Albany Neighborhoods