09-30-2020 Real Estate Weekly

SEPTEMBER 30, 2020 • Volume 15 • Issue 40

RE WEEKLY RESIDENTIAL • ACREAGE • FARM • COMMERCIAL • AREA DEVELOPMENT 515-233-3299 • 317 5th Street, Ames • All REALTOR® ads within are REALTORS® licensed in the State of Iowa

TOWNHOME LIVING

OPEN SUN. 10:00 - 12:00 PM

OPEN SUN. 1:30 - 3:00 PM

1280 NE 8th Ln., Ankeny 2 Bed, 3 Bath

4103 Aldrin Ave., Ames 3 Bed, 3 Bath

DETAILS AT

JIMHORSTMANREALESTATE.COM

JIM HORSTMAN, REALTOR 515-720-7859

O n l i n e a t w w w. A m e s Tr i b . c o m / r e a l e s t a t e w e e k l y

Don’t see your home in the

RE WEEKLY

Then contact a Realtor® today, because you are missing out on over 37,000+ potential buyers seeing your property for sale.

DIRECT MAIL + ONLINE

AmesTrib.com/realestateweekly

Page RE2 • REAL ESTATE WEEKLY • Wednesday, September 30, 2020

You’re sure to dig the message in this Peace, Love+ Plants hook pillow by Justina Blakeney, which is as cute as it is colorful. $50 at jungalow.com. [USA TODAY NETWORK PHOTOS]

Whether you use it for displaying a few cuttings or sipping coffee, this Plant Addict ceramic mug is fun and functional. $17 at jeanettagonzales.com.

Green scene Perfect picks for plant lovers

This BloomingTables console table lets you grow herbs, microgreens, succulents and more beneath your tabletop. $249 at bloomingtables.com.

Love plants, but not the work that goes into keeping them alive? Stick to textiles, like this Bloomr small orchid marbled planter decoration. $69-$149 at nordstrom.com.

USA Today Network

Liven up every room in your house — even if it gets very low light — with decor and details that show off your dedication to living the plant life.

Branch out from the traditional still life plant portraits with this Summer Fern Simple Modern Watercolor Art Print by moderntropical. Starting at $23.99 at society6.com.

Add a natural vibe to any room with this Psychosucculent 02 print featuring a colorful, abstracted cactus in line form. Starting at $35 at abstractpursuits.com.

A gleaming gold, flexible stand holds nine test tubes just waiting to be filled with cuttings from your favorite plants in this Creative Co-op Stand. $82.99 at amazon.com.

Keep your indoor plants happy and add style to your wall with this Growlight frame shelf by Sarah Burrows and Nick Behr. $139-$189 at uncommongoods. com.

REAL ESTATE WEEKLY • Wednesday, September 30, 2020 • Page RE3

Page RE4 • REAL ESTATE WEEKLY • Wednesday, September 30, 2020

REAL ESTATE WEEKLY • Wednesday, September 30, 2020 • Page RE5 TOWNHOME TOWNHOME

TOWNHOME

STORY CITY

TOWNHOME OPEN SAT., 10/3 10:00-11:30 AM

611 ASH AVENUE

4016 FLETCHER BOULEVARD

Charming 2-story w/ 4 BR, 1.5 BA.

Cozy & inviting 2 BR, 3 BA townhome.

Kate Orngard 520-0890

Sarah Friedrich 509-8475

$266,900

Luke Jensen 290-3487

A MUST SEE 2 BR, 2 BA, 1365 finished sq ft townhome.

$262,500

SO

SO

1113 CHEYENNE DRIVE

621 LAFAYETTE AVENUE

3 BR, 2.5 BA new construction home

3 BR, 2.5 new construction home.

Stunning 2 story home.

$238,700

$239,000

1225 HARDING AVENUE

3 BR, 2 BA ranch w/ so many updates.

This won’t last long!

$208,000

4 BR, 1.5 BA home.

$194,000

Megan Rasmussen 822-4899 Norsemen Realty Team

OGDEN

305 N. PEARL STREET

109 14TH STREET

308 SW 4TH STREET

3 BR, 1 ¾ BA

3 BR, 1 BA w/ large fenced in backyard

Very well maintained 3 BR, 1.5 BA.

$99,000

Debby Johnson 291-5070

Go to our website

$89,900

Linda Keenan 230-6175

STORY CITY

SO

605 CATHERINE STREET Great duplex, DBL garage, sunroom, full basement

$87,500

Deb Stolee 689-2407 Norsemen Realty Team

STORY CITY

SO

1919 7TH STREET

4 BR, 2 BA

3 BR, 2 BA, large 2 car garage

Linda Keenan 230-5322

Linda Sornsen 451-1059

$134,900

446-2888

RADCLIFFE

OGDEN

LD

LD

401 W ELM STREET

$142,500

$145,000

SO

$185,000

Tyler Frederiksen 231-9430 Norsemen Realty Team

PENDING

Relax & enjoy easy living in this 3 BR townhome

Tyler Frederiksen 231-9430 Norsemen Realty Team

LD

1 ½ story home w/ 4 BR, 3 BA & extra cool huge garage. It’s a must see!

$190,000

1222 TRUMAN PLACE

418 PENNSYLVANIA AVENUE

3 BR, large lot, alley access & so well maintained.

Will not last long!

Linda Sornsen 451-1059

914 WASHINGTON STREET

Sandy Perisho 291-2467

PENDING

STORY CITY

ELLSWORTH

$162,500

108 E MAIN STREET 4000 sf Investment Opportunity, 2 Business spaces & 2 Residential spaces

TOWNHOME

PENDING

Jeff Eagan 290-7963

BOONE

Updated 4 BR, 2 BA ranch in the heart of town.

Tyler Frederiksen 231-9430 Norsemen Realty Team

Charming 3 BR, 2 BA, 2-story home

$166,000

SO

710 PENNSYLVANIA AVENUE

$194,900

1621 DEWITT STREET

2435 ASPEN DRIVE #201 Grey cabinets, granite countertops, new fixtures & paint, washer/dryer.

LD

ZEARING

STORY CITY

Come see this great 3 BR, 2 BA home with many update!

PENDING

PENDING

Tyler Frederiksen 231-9430 Norsemen Realty Team

Alicia Panyard 957-1070

PENDING

314 S COTTONWOOD STREET

Patty Meese 441-1243

Megan Rasmussen 822-4899 Norsemen Realty Team

4 BR, 2.5 BA home

$215,000

Jason Jennings 232-6175

PENDING

ROLAND

STORY CITY 125 PARK AVENUE

5101 TODD DRIVE

$230,000

$238,700

Alicia Panyard 957-1070

Jeff Eagan 290-7963

$210,000

$247,800

Jeff Eagan 291-7963

LD

1111 CHEYENNE DRIVE

OPEN SUN., 10/4 11:30-12:30 PM

Sandy Perisho 291-2467

NEVADA

NEVADA

LD

Very nice 3 BR, 3 BA walkout in North Ames

Megan Rasmussen 822-4899 Norsemen Realty Team

Nice 4 BR, 3 BA home in North Ames close to shopping & schools

Karlai Thornburg 290-7264

4228 EISENHOWER COURT

$247,000

PENDING

$254,900

2211 NORTHWESTERN AVENUE

PENDING

ANKENY 314 NW 9TH STREET Large 3 BR, 3 BA home w/ over 2,000 finished sq ft.

1510 LITTLE BLUESTEM COURT

Exceptional Ranch style townhome, treed backyard Must see!

Luke Jensen 290-3487

TOWNHOME PENDING

PENDING

$128,000

905 HENRYSON STREET

$262,900

NEVADA

$279,900

LD

SO

$129,900

STORY CITY

3 BR, 2.5 BA impressive 2-story home.

STORY CITY

5316 THACKERAY DRIVE

LD

SO

522 STORY STREET #306

709 BROAD STREET 5

$70,000

Tyler Frederiksen 231-9430 Norsemen Realty Team

2 BR, 2 BA condo in downtown Story City.

Convenient living at its best!

Megan Rasmussen 822-4899 Norsemen Realty Team

Move in ready 2 BR, 1 BA condo.

FriedrichRealty.com to view all Ames area listings!

$67,000

Page RE6 • REAL ESTATE WEEKLY • Wednesday, September 30, 2020

DEAR MONTY Is it advisable to buy a new home right now?

R

eader question: minimize this shortage We are thinkby pointing to rising ing of buying a home values as positive. home. We have saved a They want to keep the substantial down paymarket going. You can ment by living frugally RICHARD MONTGOMERY see this in the media for 15 years. We both reports as well as in have good jobs. The the field when lookthought of taking on a mortgage is a ing at homes. More often than not, bit frightening to us. It feels like there the potential of a “bubble” does not is much uncertainty with the economy, find its way into the conversation.

COVID and more. Do you think this • Take your time. Do not be influis an excellent time to buy a home? enced by everything you read or by statements such as “We are expecting several offers on this home, so Monty’s answer: Buying a home is you must act now if you want it.” likely an appropriate step as you work • Learn to evaluate. Get the toward financial independence. Continuactual market activity in the ing to utilize your strategies during the neighborhoods you seek. home buying process will likely reduce Also, work to understand how to the chances for anything but a posievaluate a home, so you do not depend tive outcome, even during COVID. on a real estate agent’s opinion alone.

• Fear of loss. Be calm and act Points to consider when buying with the confidence you have during COVID-19 gained following these tips.

• The Federal Reserve Board artifiSuppose you lose a home on which cially influences interest rates. Real you have established an accurate estate consumers are scrambling to get range of value to another buyer who these low-interest rates. Many conis unaware of the current situation. sumers focus on the monthly payment In that case, you are likely to rather than the price because they can fi nd a similar home that fits your borrow more money and buy a larger needs at a reasonable price. home. These rising prices may create a • The most susceptible. Firsthousing bubble. When rates get back time home buyers and high-income to normal and the bubble bursts, many over-achievers are the most of these loans could be underwater. likely to buy on the “bubble.”

• Shortage of inventory. Many Overpaying happens when they of today’s potential home sellhave not been educated or educated ers are reluctant to enter their by sources with a conflict of interest. homes into the marketplace.

They fear the transmission of the Richard Montgomery is the author of novel coronavirus could ultimately infect “House Money - An Insider’s Secrets them. The shortage of that inventory to Saving Thousands When You Buy or combined with artificially low-interest Sell a Home.” He advocates industry rates translates to higher home prices. reform and offers readers unbiased real • Caution with real estate hype estate advice. Follow him on Twitter at and media articles. Many real estate @dearmonty, or at DearMonty.com industry executives and sales agents parlay the shortage to create urgency for homebuyers to act quickly. They

REAL ESTATE WEEKLY • Wednesday, September 30, 2020 • Page RE7

Page RE8 • REAL ESTATE WEEKLY • Wednesday, September 30, 2020

Realtors, do you want to reach a wider group of potential buyers?

Advertise in the RE Weekly.

In print and online.

Call Ali Eernisse 515-663-6956

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