Thursday, October 24, 2013

A Tour of Hunters Chase

Hunters Chase is a great subdivision tucked away on the southwest edge of the city.  Comprised primarily of 2-story patio homes from 1466 to over 3000 square feet, the neighborhood is well cared for and boasts a park in the middle and HOA-maintained front yards.  If you'd like to peek inside a few of the properties, you can tag along with my tomorrow morning.

10175 Wyandott Circle - $215,000
At 1466sqft, this is one of the smallest homes in the development.  No basement, but it does have 3 bedrooms up with 3 baths including a 5-piece master bath.  While it's at the end of a cul-de-sac, it also backs to an apartment complex on the north side of the neighborhood.  The seller claims to have mountain views, and has spruced up the property with new paint and carpet.

10025 Wyandott Circle - $224,500
This 3 bedroom, 3 bath home has almost 3000sqft, but only 1874 of that is finished.  The good news is there is room to grow and customize the basement to a family's specific needs.  The kitchen has been updated with stainless appliances and the common living area enjoys a double-sided fireplace.  The bathrooms are also updated, leaving less work for a potential buyer, but backing to 100th Avenue could mean more noise.

10106 Wyandott Circle - $224,900
While this home has only 1466sqft, it's the highest priced property in the neighborhood that isn't currently under contract.  Also a 3 bedroom, 3 bath home, the finishes are basic and the basement is unfinished.  It's also been on the market for 72 days with a $10,000 price reduction about a month ago.  It's bank owned, which usually means a good deal, but given the comps I think there's still some wiggle room.

I always recommend setting up listing alerts for my buyers, so they can begin to narrow down the property types and neighborhoods they want to visit.  The earlier they can start this process, the better, as it will help them recognize a good value when it does pop up.  It also helps them make a confident final decision, having already reviewed many properties online.  If you are interested in learning about a particular neighborhood, give me a call and I'll get you set up.

I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or

Thursday, October 10, 2013

Beware of Deed Scam

There is an official-looking letter being sent to new homeowners and those just closed on a refinance that advises them to get a copy of the deed to their home.  This company states that for just $85, they will obtain and send the homeowner their recorded deed.

Don't bother.  You, in face, received a copy of the deed in your closing paperwork.  It will take a few weeks for the recorded version to be available through the county, but if you are interested in having a copy at that time for your records, you can request one for free.  Most counties allow you to do it online in moments:

If you ever have questions about letters you receive in the mail about your property, feel free to contact your Realtor and pick her brain.  Don't have a Realtor that keeps in touch with you, you say?  I would love to be that resource for you - give me a call.

I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or

Friday, October 4, 2013

A Look at Dutch Creek

A recent client of mine was interested, and eventually bought, in the southeast Louisville neighborhood of Dutch Creek.  With just over 240 homes, it accounts for only a small percentage of all the detached housing in the city, and inventory in general has been tight.  From 2009 - 2012, 9, 10, 7,  and 9 homes have sold per year, respectively (source:  IRES).  If you're a prospective buyer looking in this area, this 3-4% availability can be frustrating.  These statistics don't count For Sale By Owner properties, so if you or your agent are focused enough to drive the area regularly, you can increase your chances. (BTW, if your agent is too busy to do that for you, it may be time to reconsider your working relationship.)

The Dutch Creek Neighborhood
Built in the early 80s, the homes are at various levels of updating and offer mostly bilevel and trilevel floorplans with a few 2-stories and ranches sprinkled in.  With several parks, the Warembourg open space and Coal Creek Trail just steps away, this area is a hot entry level neighborhood for Louisville.  If you're downsizing, you might be looking for some of these 2 bed/2 bath or 3 bed/1 bath layouts that also keep you close to the downtown area.

This year, only 7 properties have been marketed through the MLS, and none of those have had to be withdrawn or expired.  Sales prices ranged from $298,500 for 1256sqft to $360,000 for 2016sqft.  The average days to offer was 10, and, on average, the homes that have closed already did so for 100% of the asking price due to the amount of buyer competition.  The market has cooled a little bit, but with only one Dutch Creek home currently available and already under contract, any seller thinking about listing his home should still find himself in a good market position.  If you'd like a free market analysis on your home to see if now is the time to sell, don't hesitate to contact me.

I would love to help you with your real estate journey. 
Please contact me at 303-917-7143 or