Barb’s Alluvium Real Estate Recap 2011

It was a great year for home buyers in Alluvium in 2011 where the average sale price of $270,000 combined with some of the lowest interest rates in our life times made 2011 a great year to be a home buyer.  Sellers have been more realistic in pricing their homes at the current market value and are willing to negotiate to get their homes sold.

I see prices leveling out this year.  Unemployment numbers have fallen to a three year lo

w of 8.5% and some of the numbers recently released indicate that we may even see a small rebound in new and existing home sales this year.

Interest rates are still at an all time low but this won’t last forever.  Although they will probably remain near the bottom for 2012 (it is an election year after all) they certainly will not stay this low forever.

One of the more interesting statistics that can be discovered in the Recently Sold Section of the MyAlluvium website is that 2 homes that were bought at the very bottom range of all Alluvium sales were remolded with new kitchens, baths and hardwood floors and then both were resold for over $300,000, way above the average selling price for homes in Alluvium.

My #1 recommendation if your thinking about selling

your home in 2012-2013 is that it pays to upgrade your kitchens and baths and keep your home in tip top shape.  Not only will you enjoy your home more but when it comes time to sell you can increase the value of your home.  Buyers today expect the home their purchasing to look great and be in move in condition.  As you can see from the statistics, the homes that sold for the highest value were also the homes most improved.

Barb Fink has been selling Alluvium for over 10 years.  Barb knows what today’s buyers are looking for and she knows what sells Alluvium.

Call or email Barb if you are thinking of selling in the near future. Barb provides complimentary home evaluations and can help you get your home ready for sale so you can get the most money for your home.