What Should You Know About Real Estate in Frenchman's Bend?

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Today I want to provide you with a brief real estate market update for Lincoln Hills and Frenchman's Bend.

Let's first take a look at Lincoln Hills. Four homes have sold in this neighborhood so far this year, and the average price per sq. ft. is $96. The average days on market is currently at 48 days, but keep in mind that 25 days out of those 48 are spent on the closing process, so homes are selling a bit quicker than they appear to be. Also, there aren't many homes for sale in this area, and a lot of people want to move there, so if you're in Lincoln Hills and thinking of selling, now is a great time to do so.

Frenchman's Bend is another subdivision in Monroe that I'd like to take a look at. Thirty-five homes have sold in this area, and the average price per sq. ft. is sitting at $132 per foot. The days on market is sitting at 109 days, and this is because there are a lot of homes for sale in this area. This means that if you're looking to purchase a home, Frenchman's Bend is a great place to look because the market will be in your favor.

If you have a particular neighborhood that you would like to see a market update for, please don't hesitate to contact me. Real estate is ultra-local, so these market updates for small locales can reveal changing conditions.

If you ever need assistance buying or selling in Monroe, please don't hesitate to reach out to me!

What's Happening with Real Estate in Indian Lakes?

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Today I just wanted to provide you with a brief real estate market update for Parkwood Estates and Indian Lakes. This should be helpful whether you're buying or selling in the area. 

Let's first take a look at Parkwood Estates. Nine homes have sold in this neighborhood so far this year, and the average price per sq. ft. is $130. The average days on market is currently at 67 days, and the average age of the homes being sold is less than five years.

Indian Lakes is another subdivision in Monroe that I'd like to take a look at. Twenty five homes have sold in this area, and the average price per sq. ft. is sitting in between $81 and $136 per foot. The days on market is sitting at 73 days, and the age of homes being sold is brand new to fifty years old. 

If you have a particular neighborhood that you would like to see a market update for, please don't hesitate to contact me. Real estate is ultra-local, so these market updates for small locales are very telling of what is happening in a given market.

Next week we will be looking at Lincoln Hills and Frenchman's Bend, so please stay tuned.

If you ever need assistance buying or selling in Monroe, please don't hesitate to reach out to me!

Why Is It Smarter to Work with a Great Agent than to Sell Your Home Yourself?

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Want to buy a home? Search all homes for sale 

Today, we explain how a real estate professional can net homeowners more money than if they try to sell without the help of an agent.

Across the nation, national averages show that agents sell homes for 8-10% more than homes sold by their owner. A lot of people ask how this is true; after all, don't homes appraise for a certain amount of money? The final sale price is more flexible than most homeowners imagine. For example, the founder and CEO of ForSaleByOwner.com recently tried to sell a two-bedroom apartment in New York, but it sat on the market for six months. After caving in and hiring an agent, he was able to sell the home for $150K more than he was originally asking for and sold it in only 30 days.

A huge factor in getting homes sold is marketing. In the example listed above, the agent used his marketing expertise to create demand for the property. Sure, the homeowner had to pay the agent over $70,000, but he still ended up netting more money because of the price it sold for!

Don't take my word that you're better off working with an agent; just listen to two experts in the field of wealth building. Dave Ramsey, author of The Total Money Makeover, and Robert Kiyosaki, author of Rich Dad Poor Dad, both agree that it is a better financial decision to list with an agent than to try to sell the home yourself. Because your home is such a huge wealth asset, it's best to utilize the expertise of a professional than to do it yourself.

If you really want to get great results when using an agent, you need to work with a great agent. Part-time agents and agents who don't market themselves well should be avoided at all costs. Our team, on the other hand, is a full-service team that will get you results. If you are curious about that claim, give us a call or shoot us a quick email and we'll send you over our resume. We think you'll like what you see!