Homes Fort Mill SC

What features help sell your home faster? What features are more desirable to a buyer and bring you more bang for the buck?

The National Association of Realtors® gathered information from over 2500 home buyers nationally that purchased a home in 2007. Repeat buyers placed more importance than first-time buyers on almost all home features.

Here are some of the highlights of the survey:

• The most important feature was central air-conditioning. 74% of the respondents listed central air as very important.  A very important feature surviving the summers in Tega Cay, SC.    
• Next in line was a garage with 2 or more spaces.  This was the most significant change between the NAR’s 2004 survey to the 2007.

Other important features were:

• Walk-in closets in the master bedroom which was ranked higher by older buyers
• Backyard or play area which was more important to younger buyers
• Hardwood floors
• Granite countertops.
• Cable or satellite TV readiness.
• High-speed Internet access.

Respondents said they would pay more for a home that has:

• waterfront property, a no brainer for our area in my opinion.
• Oversized garages.
• Central Air.

 90 percent of the respondents said energy efficiency was important in a buying decision. I bet energy efficiency will now rank higher in future surveys.  

The typical home purchased during the survey period was 12 years old, 1,840

square feet in size, and had three bedrooms and two bathrooms. The national median price was $205,000.

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I have had many request to see the change in home sales data for Tega Cay from this year to last.  So here is the latest info. 

Single Family homes had a 37.5 % drop in the number of home sold to last year. It is now taking on the average 153 days to sell a home which is approximately a 34% increase in days. The good news is the selling price to listing price ratio only changed 4% and is still in the 90′s.

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The Fort Mill School District is rated 9 out of a high score of 10 by greatschools.net. See the ranking of each school on my Fort Mill Info page . One of the reasons those of us who have school age kids picked the Fort Mill or Tega Cay area to live is because of the great public school system.

Rumor has hit with a handful of neighboring Realtors® all Fort Mill Schools are now on a new enrollment freeze. This is absolutely not true!

Yes two elementary schools which are Gold Hill and Orchard Park are currently in a new enrollment freeze. New students will be enrolled in Riverview Elementary. The distirct will fill any available seats that may open over the summer.

New to the freeze list is Springfield Elementary. Any new students after June 2008 will be enrolled to Fort Mill Elemenrary. (more…)

Making a decision to buy or sell a home is full of challenges. So it’s important to be well educated with quality information to make the process successful.

HGTV is airing a special episode this month called The “25 Biggest Real Estate Mistakes”. Carmen and I watched the first showing of the episode and found the show and tips to be accurate and timely. (more…)

Century 21 has declared April 2008 as “Open House” month. One of their promotions is a funny home video contest. Watch the video below for more informtion or go to the Century 21 web site for more details. You can vote for your favorite video or submit a video. (more…)

I wanted to take a moment and thank Eve and Dennis McCaffrey, Steve King, Jill and Richard Bossi for the wonderful testimonials that are now posted on my web sites. I really love this business. But most of all I really enjoy the experiences and the friends I make in the process of buying and selling homes. (more…)

The quick answer is yes. It seems to be a buyers market for home sales almost everywhere thanks to the media. The media pounds us everyday with bad news about the credit industry, foreclosures, high gas prices, the weak dollar, etc. Some of it is true and some is, well just over exaggerated to say it nicley. So most potential home buyers today think it is a buyers market no matter where they are looking. But we still have a lot of people looking at homes for sale in our area.

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I’ve had several request to share what our current real estate market condition is compared to last year. Many of you are considering options of whether this is the best time to sell or buy a home, some had questions as to what the list price to sold ratio is this year vs. last year, and many had just general questions about real estate as it applies to us. Below is a snapshot of the Tega Cay SOLD Market for January and February 2007 compared to the same time frame for 2008, as well as a breakout of Lake Shore SOLD activity. (more…)