Hot Springs Village Times - Kathy Sherman, RE/MAX of Hot Springs Village

HOT SPRINGS VILLAGE TIMES Spring/Summer 2020

K AT H Y SHERMAN Realtor® Executive Broker, CRS, SRES 501-922-8277 kshermanremax@gmail.com KathyShermanHSV.com

Kathy Sherman Executive Broker

RE/MAX of HSV, 1400 DeSoto Blvd., Hot Springs Village, AR 71909 | 800-364-9007

Welcome!

Communities in 2005, and I’ve been with RE/MAX of Hot Springs Village since 2007. I’m an Executive Broker, Certified Residential Specialist, and a Seniors Real Estate Specialist with great knowledge of Hot Springs Village’s real estate market.

Welcome to Hot Springs Village!

I hope you will enjoy this magazine and find it helpful in learning what our great community has to offer. If you’ve lived here for many years or are just contemplating a move to Hot Springs Village, you’re sure to find something of interest! With the large variety of clubs and organizations available, I’ll be highlighting a few in each edition.

Of course, our area restaurants are perfect venues for socializing. Look for a few highlighted in this issue, as well as information about our beautiful lakes and miles of nature trails…all just waiting for you to enjoy this spring and summer!

P.S. If your friend or family member would like a copy of this magazine, send me an email KShermanREMAX@gmail. com. I’d be happy to mail one ASAP. -Kathy

TABLE OF CONTENTS

It’s my pleasure to provide this magazine to you. Please keep me in mind if you or an acquaintance are in the market for buying or selling a home in Hot Springs Village, I would love to be of assistance!

I’ve been a resident of Hot Springs Village since 2000 and a REALTOR® for over 15 years. I started as a REALTOR® and New Homes Specialist for Cooper ARTFULLY BAKED & BREWED

ARTFULLYBAKEDANDBREWED.COM

501-777-3195 1398 DESOTO BLVD.

KathyExecutive Sherman Broker

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VILLAGE NEWS

4

COST OF LIVING

5

LAKES & RIVERS

6-7

REAL ESTATE TIPS

8-9

TEMPTING TASTEBUDS

10-11

BEEHIVE

COMMUNITY GEMS

NEIGHBORHOOD HANGOUT

BEEHIVEHSV.COM 501-777-8176 220 MINORCA RD.

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Cuisines, Craft Beer, Cocktails & Horizons

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KRAEMER WISCONSIN CHEESE

In the small Wisconsin community of Watertown, Wisconsin, circa 1920s, Tony Kraemer, a lifelong farmer, decided to build a small dairy business on his property.

Tony, the patriarch of the Kraemer family enterprise, probably never envisioned that three generations later his family would still be carrying on the tradition of making fine dairy products.

Tony’s farm and dairy operation survived the Depression, and he was able to build his business through the next two decades.

In 1949, Tony’s son, Jim, joined the business and focused his attention on all areas of the operation.

During the course of the next three decades, Jim, and his wife Joanne, continued to build the business, procuring

Village News

only the finest cheeses, and in the process, Kraemer Wisconsin Cheese was officially formed.

The Kraemer family makes its own cheese spreads (13 varieties in all) from recipes created by Jim himself. The spreads are made in small, 40-pound batches to ensure quality, f lavor, and freshness. In addition, Kraemer Wisconsin Cheese sells featured sausages, homemade fudge, gift boxes, and party trays.

While vacationing in Hot Springs, Arkansas, recently, the Kraemer family fell in love with the area. Jim Kraemer said his family “loved it so much we’ve decided to open up a second retail location in Hot Springs Village.”

Kraemer recently broke ground and anticipates that construction will be complete by fall 2020, just in time for the holiday season.

Kraemer Wisconsin Cheese will be located outside the West Gate on HWY 7 N.

SIGN UP FOR MY MONTHLY NEWSLETTER! EMAIL KSHERMANREMAX@GMAIL.COM TODAY. 3

Cost of Living

CURRENT REAL ESTATE VALUES Total Housing Units: 9,727 (8,640 Single Family, 988 Townhouses, 99 Timeshares) Avg. Home Price: $210,000 Avg. Rental: $800 - $1,200 mo.

Avg. Townhome: $70,000 - $315,000 Resale Home Price: $90,000 - $1.2 mil Avg. Cost for New Build: $196,000 Lot Avg. Size: 90’x160’ depending on topography Lot Price w/Amenities: $10,000 - $20,000 Lake, Golf or Mountain View Lots: $15,000 - $50,000 Golf Lots: $40,000 - $75,000 Lake Lots: $50,000 - $230,000

Low Property Taxes. Mild Climate.

Affordable Cost of Living.

Low Crime Rate. sponsored retirement plan.

UTILITIES (monthly prices unless noted) Water: $31.36 (5,000 gal for 2 months) Sanitation: $31.94 (2 months) Sewer: $69.92 (2 months) Ambulance: $14.75 (2 months) Street Light Fee: $5.40 (2 months) Electricity: $0.10 KWH. Average home usage: 1,500 KWH Telephone: $35 (basic service) Cable TV: $58 (basic service) Satellite: $55 (basic service)

INSURANCE About $1,200 on a $175,000 home with $1,000 deductible.

PROPERTY TAXES Assessed at 20% of appraised valuation.

Taxes in the Jessieville School District (Garland County) are assessed at $42.30 per $1,000 of assessed value ($846.00 on a $100,000 home). Taxes in the Fountain Lake School District are assessed at $38.40 per $1,000 assessed value in Garland County ($768.00 on a $100,000 home), and $44.50 per $1,000 in Saline County ($890.00 on a $100,000 home).

ARKANSAS SALES TAX 8% in Garland County; 6.5% in Saline County; 6.5% to 8% in Hot Springs Village.

STATE AND LOCAL TAXES State income tax is pro-rated up to 7% over $25,000 per year. However, there are several exemptions such as social security benefits, and the first $6,000 received under a public or private employer

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Hot Springs Village offers a large selection of real estate spread across 26,000+ acres of Ouachita Mountains.

The area’s natural beauty: Breathtaking vistas, blossoming forests, and gleaming lakes combined with its mild climate, reasonable property taxes, and low cost of living makes it the perfect place to call home. Available real estate spans from very affordable to affluent, with homes priced from under $100,000 to over $1 million.

The variety of homes ranges from golffront and lakefront to mountain-view or wooded. Newly constructed homes and property lots are also available.

LAKES & RIVERS Hot Springs Village has 11 recreation lakes, two-full service marinas, and three beaches. Enjoy an afternoon water skiing, kayaking, fishing, sunbathing, or simply gather for a lunch in a lakeside pavilion.

BasecampAR.com at Waypoint Marina on Lake DeSoto offers sunset boat tours, paddle boards, pontoon boats, and kayaks, as well as a mini café.

Lake Ouachita Famous for its pristine water and scenic beauty, Lake Ouachita is the largest lake in the state with boating, fishing, paddle boarding, spear fishing, scuba diving, and camping. The lake has rugged shoreline with lots of islands and hidden coves and is a favorite for bass fishing.

Lake DeGray

Popular for fishing, camping, swimming, BalboaMarinaHSV.com on Lake Balboa water-skiing, and other water sports, offers pontoon boat, kayak, paddle boat, the 13,400-acre DeGray Lake is and paddle board rentals, sunset cruises, situated among ridges of the Ouachita and more.

Mountains and formed by a dam Catch bass, catfish, bluegill, and sunfish across the Caddo River. The lake has (crappie) - local marinas offer boat 15 boat-launching ramps on its shores. rentals, live bait, and tackle.

Houseboating, sailing, and scuba diving are also popular, as is observing bald BEACHES eagles that winter on DeGray.

Balboa Beach has a sand beach with two Caddo River shelters, picnic tables, and grills.

An excellent “family” float stream with Cortez Beach has a sand beach, pavilion, outfitters, cabins, and other lodging grills, restrooms, and picnic tables. available. Below DeGray, the Caddo DeSoto Beach provides a wide view of continues some four miles before joining activities on Lake DeSoto. The large the lower Ouachita River just north of beach has pea gravel, picnic tables, and Arkadelphia. grills.

Ouachita River DIAMOND LAKES & LAKE OUACHITA The Ouachita River runs through Lake Hamilton the Ouachita Mountains. Two dams interrupt its flow near Hot Springs to A 7,460-acre popular recreational and form lakes Hamilton and Catherine, residential lake. Hill Wheatley Park and the river continues on to the has a popular swim area with a manTimberlands region. Great kayak fishing made sandy beach, picnic facilities, and spot! Excellent seasonal fishing for restrooms. rainbow trout.

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REAL ESTATE TIPS 6

Buyers

The Ultimate Home Buyers Guide What you can expect from start to finish.

Purchasing a home is one of the biggest decisions you will make. No wonder it’s considered a major life event. That’s why I wrote The Ultimate Home Buyers Guide to help you understand the ins and outs of buying a home and to avoid some of the common pitfalls. Before you begin your search, it’s smart to get pre-approved for a mortgage and line up your lender first. You can then narrow the playing field to what you can afford and be ready to make an offer when you find your new house. And just to make sure you maximize your credit rating, included in the Buyers Guide are the Ten Commandments of Buying a Home to help you avoid credit glitches and ensure the financial side of the purchase goes smoothly. Having an experienced Realtor® or mortgage advisor on your team to guide you through the process can make all the difference in the world.

Ready to start your home search? Here’s where having a hometown Realtor® can really help you understand local market trends and identify homes that meet your wish list criteria. Of course, the Internet is an easy and fun way to shop, and you’re likely to hear about FSBO’s (For Sale by Owner), short sales, and foreclosures. But, however you find your home, you’ll benefit from the knowledge and expertise of a Realtor® who knows the market and the ins and outs of buying and selling real estate. Your Realtor® is a wealth of knowledge and expertise.

Don’t hesitate to tap into it and ask questions.

Ready to make an offer? This is where things can get complicated. Many factors

come into play. Let your Realtor® take the reins and professionally craft the offer, making sure all the terms and conditions are met and details are included and ready to go. From here on, whether the offer is accepted or declined, when negotiation is required, you can be assured you are in the hands of a professional, who will help you understand how earnest money works, what escrow means, how to get a home inspection and appraisal, how to get home insurance, what to look for in the walkthrough, what to watch for in a closing, and how to get your mortgage started, and set up utilities. You can rest easy, knowing that you’re ready to take the keys and open the door to your new home.

Here’s an excerpt from my Sellers Guide How to Prepare Your Home for Sale Expert insights for selling quickly and for top dollar.

Sellers

You’ve made the decision to sell your home. Now what? For starters, walk out the door. Take a drive, change your glasses, and come back as if you were seeing it for the first time, through a buyer’s eyes. What’s your first impression? Walk up the sidewalk, through the front door, and into the house. Make note of what you like about it, what you don’t, and what needs to be fixed or updated. Then start your to-do list.

Declutter and de-personalize. Those family pictures and treasures can get in the way of what the buyer is looking for. Make sure the home has a fresh, clean ambiance. Get rid of any odors, add a coat of fresh paint. If needed, check the lightbulbs and make sure everything is well-maintained. Step outside into the yard and consider the curb appeal. First impressions can play a big part in a buyer’s decision.

Don’t overlook the backyard because buyers will remember the whole picture. As you think through the process from a buyer’s perspective, consider how the house will be shown, and avoid any distractions that might hinder the process. If you have pets, you may need to arrange for them to be away for that time.

What’s your home worth? This is one of the biggest challenges when selling a house. A lot

of factors figure into the asking price. Here’s where it really pays off to get the advice of a real estate professional who has a handle on the market and knows the prices of comparable houses. You won’t go over or under the value of your home. Having a good Realtor® on your team to advise you so you get the best return on your investment, and to list and market your home is invaluable throughout the sales process. And, they are a great resource to help you find your next home.

I’d love to be a part of the process! Ask for your guides: KShermanREMAX@gmail.com 1. How to Prepare Your House for Sale 2. The Ultimate Home Buyer’s Guide

Kathy Sherman Executive Broker

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Tempting Taste Buds!

Hot Springs Village proper has over 20 restaurants; choose from American to Chinese, Italian, Mexican, and specialty, or drive to a nearby city (Little Rock, Benton, Bryant, or Hot Springs) to explore their numerous dining venues from five star to original restaurants and popular food chains.

BEEHIVE The Beehive of fers locally-so u rced meals, hand-craf ted cocktail s, l o ca l b eers , and a great wine s elect i o n . “ We are b ring ing local into ever y t h i n g we do ,” s aid co-owner Greg Jone s. “ Even the deco r - our tab letops are m a de by the Village Wo o dwo rkers C lu b.” 2 2 0 Minorca Rd, Ho t Springs Vill a g e, A R 501-7 7 7-817 6

TANNER’S NEIGHBORHOOD BAR & GRILL Ca s u a l d i ni ng w ith a w id e se lection of A me r i ca n c u i si n e . Tan n e r’s h as so me t hi ng fo r eve r yon e - sig n atu re salads , s c r u mp ti o u s san dw ic h e s like their f amo u s BLT, an d bu rg e rs. 2 5 2 5 5 AR 5 , L o ns d a l e, AR 72 087 | 5 01- 91 5 -9 880 Tan n e r sNe i g hborh oodBaran dGrill.co m

VILLAGE HIBACHI Sushi, S ashimi, and incredib ly t a st y Hib achi meals. Owner/ Manager Eddi e and his friendly, acco mmo dat i n g , a n d professio nal s taf f aim to plea se. Hi s go al is to “b ring the tastes of excel lent Japanes e Hib achi co o kin g t o Ho t Springs Village!” 46 56 N Hig hway 7, Suites G & H, Hot Springs Vil l a g e, A R 7 19 09 | 501-204-5028

MULLIGAN’S Mu l l i g a n’s Re stau rant i s a small , pri vate ly ow ned , easy g oin g oasi s o n Po nce d e L eon Golf Cou r se . Co- owner Pat t y McKee says sh e “love s th e sup po r t of th e p atron s th at d in e at Mulli ga n’s . T h ey a re absolu te ly like family.”

3 0 0 Po nce d e Leon D r ive , Hot Springs 8 V i l l a g e, A R 71 909 | 5 01- 92 2-1 6 23

Venture into Hot Springs for International cuisine…from German to Irish, Latin American, Vietnamese, Indian, Irish, Cajun, and American there is something delicious for every palate.

THE VAULT Known for their varied and ap p ea l i n g menu, there is a wide selection of sea foo d, steaks, and fowl. S elect a g l a ss or b o t tle of vino from their ext en si ve wine list, and there is a goo d ch a n ce yo u will b eco me a memb er of t h e foo die trib e in this lovely res t au ra nt .

7 23 C entral Ave, Suite 100, Ho t Sp ri n g s 501-59 6 -8800 | Vault7 23.co m

PHO HOANG MY L ove Ph o s ou p , Stir-fr y, Bán h Mì s a ndw i c h es, or Ch o Gi ò (fried egg ro ll s) ? T h en t h i s is th e p lace for you.

Reco g ni zed as th e be st au th e ntic V i et n a me s e Re stau rant i n Hot Springs, Pho Ho a ng My of fe rs d e lic iou s optio ns fo r veg eta r i a n s an d meat eate rs alike.

6 0 8 E . G ra n d Ave ., Hot Sp rin gs 5 01-7 0 1- 40 07 | Th ePh oHou se .co m

Community Services & Residents Hot Springs Village was set up to provide a fullservice community to 14,500-plus residents including police, fire and ambulance service, as well as other necessary services anyone would expect from his or her town, such as waste water, sanitation, property zoning, and animal control.

Hot Springs Village property owners come from all over the world and all walks of life with varied interests and backgrounds. And since housing needs are as different as people, Hot Springs Village houses are built to reflect a wide variety of styles, floor plans, and prices.

KathyExecutive Sherman Broker 9

Community Gems 30+ MILES OF NATURE TRAILS: Experience the natural beauty of Hot Springs Village on more than 30 miles of trails. You can walk, ride, run, or even drive a golf cart along paths that have been designed to showcase the Village’s flora and fauna, lakes and mountains. No matter your activity level, there’s a trail that’s right for you. So, put on your walking shoes and get moving.

Hot Springs is home to a versatile trail system with offerings for riders of all ages and skill levels. Take a quick one-mile scenic loop or push yourself on one of our beginner-to-intermediate trails. For hardcore riders, Hot Springs has three IMBA Epic Rides, ranging from the heart-pumping 33-mile Womble Trail to the grueling 108-mile Ouachita National Recreational Trail. Hot Springs was designated as a IMBA Bronze-level Ride Center in 2015. Whatever level you’re on, take your ride to the next one in Hot Springs.

Learn more: HotSprings.org

AGELESS BIKERS CLUB: The Ageless Bikers Club (ABC) is a group of cycling enthusiasts in the Hot Springs Village area who enjoy the social, recreational, and outdoor aspects of cycling. Each year there are 12 different bike ride routes that are 16 to 22 miles long and some that can extend to 35 miles or more. Join the Hot Springs Village Ageless Bikers Club and take part in one of their rides. Learn more about this group and their bike routes at HSVabc.weebly.com.

Noted Jim Whitaker, an enthusiastic ABC member, “We love the exercise we get riding our bikes, as well as enjoying the company of other members. This is for everyone! We even have a very active couple who are 80 and 84 years old, and they ride circles around the rest of us.”

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BLOOMING WILDFLOWERS & SINGING BIRDS

SPOTLIGHT: BOOMERS ROCK

Arkansas’s Ouachita Region is home to a larger variety of wildflowers. With secluded roadways, trails, and lakes, Hot Springs Village is a great place to see some of these species in bloom during spring and summer. Check out these and other wildflowers as you explore the area.

• Bird’s Foot Violet • Black Eyed Susan • Carolina Larkspur • Goldenrod • Indian Paintbrush • Ox-Eye Daisy • Pale Purple Coneflower • Queen Anne’s Lace • Showy Evening Primrose • Spider Lily • Wild Bergamot The Village is also home to a large variety of birds including fan favorites like eagles, woodpeckers, bluebirds, cardinals, hummingbirds, vultures, and wild turkey. The Magellan Beaver Dam Nature Trail, built by the HSV Audubon Society, provides some of the best opportunities for bird watchers to catch a glimpse of these feathered friends.

Men’s Garden Club Tip: In May, prune azaleas after they bloom and make the first fertilizer application. Fertilize roses and spring bulbs after they bloom, and plant bulbs such as caladiums and gladiolas. To learn more about the Club go to MensVillageGardenClub.com.

CRYSTAL MINING Ron Coleman Mining Inc. has been in operation for 31 years and counting, offering a “mine your own gem” experience for the whole family. Featuring a huge mine for digging crystals and a zip line system, and guaranteeing that each person will leave with at least one crystal.

ColemanQuartz.com

Boomers Rock is a social club located in Hot Springs Village, Arkansas, dedicated to promoting a fun and active lifestyle for its members. The Boomers Rock club became a “booming” success when many Hot Springs Village residents of the baby boomer era found it difficult to find friends close to their age with similar interests in music and entertainment.

Boomers Rock also sponsors Small Groups, a great way for Boomers to meet new friends with similar hobbies or interests. Small Group activities happen throughout the Village, and current activities include Boomer Bowling, Boomer Bunco, Boomer Golf, Boomer Newcomers, Boomer Trail Masters, and Boomer Poker.

Currently, there are over 115 clubs, so there is sure to be something that appeals to every Boomer in Hot Springs Village!

Find out more at BoomersRockHSV.com!

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KathyExecutive Sherman Broker c/o Kathy Sherman RE/MAX of Hot Springs Village 1400 DeSoto Blvd.

Hot Springs Village, AR 71909

Did you know Kathy is a designated CRS?

A Certified Residential Specialist (CRS REALTOR®) is one of the top 3% of real estate agents in the U.S. CRS agents have more experience and training than the average REALTOR® and are dedicated to improving the real estate industry for homebuyers and sellers alike.

New listing? Looking to buy?

Need help with construction or property lots? Call me!

KathyExecutive Sherman Broker K AT H Y S H E R M A N Realtor® Executive Broker 501-922-8277 kshermanremax@gmail.com KathyShermanHSV.com RE/MAX of HSV, 1400 DeSoto Blvd., Hot Springs Village, AR 71909 | 800-364-9007

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Get your free guides: “How to Prepare Your House for Sale” and “The Ultimate Home Buyer’s Guide” - email: KShermanREMAX@gmail.com