EDDMNewsletter

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PRSRT STD ECRWSS U.S. Postage

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3 3 E. Broad w ay, ST E 200 Colu m bi a, MO 65 203

QUAIL CREEK PRESS

S H G Q UA RT E R LY N E W S L E T T E R • F A L L 2 0 1 1 • V O L . 1 , I S S U E 1

Local Postal Customer

COLUMBIA PUBLIC SCHOOL CALENDAR

COLUMBIA AREA EVENTS CALENDAR • University Concert Series presents Young Frankenstein

Jesse Hall • 573-882-3781 January 18th, 2012 University of Missouri campus

• Univeristy Concert Series: STOMP Jesse Hall • 573-882-3781 January 24th and 25th, 2012 University of Missouri Campus

• University Concert Series presents Phantom of the Opera

Jesse Hall • 573-882-3781 February 11th, 2012 University of Missouri campus

• University Concert Series presents Cirque Dreams: Pop Goes Rock

Jesse Hall • 573-882-3781 March 17th and 18th, 2012 University of Missouri Concert Series

The Housing Market at Home The housing market is hurting nationally, but it appears to be marching toward recovery in a handful of mostly rural states. Rural or Midwestern states like Missouri, have economies dependent on more Susan Horak Realtor, CRS, stable economic factors like energy, GRI, ABR industrial production or agriculture. Missouri’s home prices, in general, didn’t rise as much as other states in the boom years, so they’ve fared better in the wake of the crash. So it’s no secret that Columbia and Boone County have weathered the recession better than other parts of the country. Stable employment bases in education, health care, and insurance anchor Columbia. Missouri, and the Midwest in general, has been spared the worst of a downturn that saw unemployment shoot up and growth slow to a crawl. Despite high unemployment rates nationally, consumers appear to be in better financial positions to settle their debt. This leads to far lower default rates than we saw during the recession. “While still above their 2004-2006 rates, mortgage default rates are well below their crisis highs, a good sign for the housing market,” says Maureen Maitland, Vice President of S&P Indices. The FDIC’s measure of employment at the end of the first quarter of 2011 showed that Boone County retained its place as the Missouri Continued on page 5

county with the lowest unemployment rate. With its unemployment of 6.4% at the end of March, the lowest among the state’s 114 counties, Columbia’s housing market is better able recover than most. “Housing is a mess all over the place, but it’s less of a mess in some places,” says Jim Diffley, regional housing economist for HIS Global Insight Despite the nation’s economic downturn, owning a home is still an American dream. According to the 2011 National Housing Pulse Survey by the National Association of Realtors (NAR), 72% of renters surveyed said that owning a home was a top priority for their future, as compared to only 63% in 2010.

Tips for selling your home in today’s market

1 2 3

PR ICE AG GRESSIVELY You need to ask for at least 1% less than competing homes. - USA TODAY

STAGE LIKE A PRO Little things like painting, depersonalizing the house so buyers can envision themselves living there, getting rid of clutter and rearranging rooms to highlight the best features are essential.

GO ALL-OUT ONLINE

90% of buyers are starting their search online, according to the National Association of Realtors.

BE FLEXIBLE WITH BUYERS

4

5

“The single biggest change in the real estate market since the Great Recession is tighter financing, according to John Vogel Jr., real estate professor at Dartmouth’s Tuck School of Business.” A sellers understanding and willingness to compromise to make the sale work can make all the diffrence. -USA TODAY

Curb Apeal

Just like staging the inside, planting flowers, power washing the siding and parking the car in the garage instead of the driveway can make a the right first impression.


S H G Q UA RT E R LY N E W S L E T T E R • F A L L 2 0 1 1 • V O L . 1 , I S S U E 1

Staging Your Home Right!

BEFORE

• Too Many Family Photos

How to make your home shine to attract a buyer

• Unappealing or Outdated Art

The first impression is often the most important one when it comes to buying a new home. The goal is to select things for the house that will have the house show best and make the house look most appealing. Staging is not the same as decorating. When you decorate your home you are making choices that reflect your personal taste. Staging works to the opposite effrect. Staging is about deciding how to best arrange and accent the home so that it shows and appeals to the broadest audience possible. As the market becomes more and more competitive, staging becomes more and more important. Where an empty house may require lots of staging to show the perspective buyer how furniture would interact with the space, an occupied home may need ‘empty-ing’ of personal items like family photos or items of a narrow appeal that would advertise the home to a niche audience.

• Outdated Furniture & Accesories

See how much staging can do! We took a home in Harrisburg, Missouri and used staging to give the home a new look. The home was beautiful: amazing landscaping, great lines, and a pool! The only problem was that the home’s furniture and accent pieces were about 30 years out of date. It only took one day, a few buckets of paint, and a little elbow grease to transform this country home into a Tuscan palace.

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AFTER • • • •

New, Well Framed Art Classic, Leather Couches New Tables & Accent Decor Larger Furniture

BEFORE

1714 SONORA DR.

$ 11 9 , 9 0 0 • M L S # 3 3 7 0 0 4 3 bedrooms, 2 bathrooms, one owner home in nice condition, large living room, huge breakfast or dining room, over-sized garage, backs to park, very tall crawl w/ample storage potential. . 63 to WW/Broadway to right on S. El Chaparral to right on S. Sonora Dr.

2006 AMMONETTE ST. $109,900 • MLS# 336338

3 BR, 1.5 BA, 1210 fin sq ft, new kitchen cabinets, tiled back splash, newer appliances, tile & hardwood, master BR w/ private half bath. New toilets, sinks & vanities. New carpet & deck. Vinyl windows. Fenced backyard. Bus. Loop 70 to R on Charles (beside Westlake) to L on Ammonette.

7

• Understated Paint Color • Too Much Clutter • Outdated, Country-ish Furniture

AFTER • New Paint Color Highlights Architecture of Room • Nice, Decluttered Room

1603 NORMA CT $124,900 • MLS# 336764

4 sides brick, tiled entry, coat closet, hardwood in eat-in kitchen, pantry, ample cabinets & counter space, formal dining w/built-in corner hutch, hall bath w/linen closet, master bedroom w/private half bath, lower level offers spacious family room w/wood burning fireplace, laundry room & half bath. Over-sized 2 car garage. Forum to Mills to right on Highridge Dr. to left on Joann St. to left on Norma Ct.

• Modern Furniture

4606 FENIMORE DR.

• Too Much Clutter on Cabinets • Blue Walls Too Cool/Sterile for the Heart of the Home

$129,900 • MLS# 335781 3 BR, 2 BA home in Arcadia Park. Beautifully landscaped, tiled entry, vaulted ceiling, gas FP w/TV area above, great kitchen with bar seating, pantry, laundry room, back patio, fenced backyard, master bedroom with 2 walk-in closets, master bath with tiled floor & skylight in hall bath. New roof, gutters & vent caps replaced in 2006. Fresh paint in 2008 & 2011. Smiley Ln to Langham to Left on Americus to Fenimore.

BEFORE • Decluttered Cabinets, But Kept Some Items to Draw Eye Up • Rust Colored Walls Bring Warmth into the Home & Contrast Cool Countertops

2902 LINDEN WAY

AFTER

$144,900 • MLS# 334861 COVERED PATIO! 3 BR, 2 BA, 1644 sq ft home. Gas fireplace in living room, sunny kitchen with tile floors, master suite with a GREAT walk-in w/ shelves & private bath, fully fenced backyard. Clark Ln/Rt PP becomes Ballenger Ln - Left on Timber Ln to Left on Linden Way. page 7


www.susanhorak.com

(573)-876-2849

For Brochures & Floorplans Visit www.SusanHorak.com 1603 NORMA CT. • $124,900 • MLS# 336764

4008 JUNGLE TREE DR. • $204,900 • #334306

5 BR, 3 BA, 2547 sq ft, Spacious home, open floor plan with formal dining, kitchen island, pantry & bay window, two laundry areas - one up w/sink and one down, lower level has large storage area with garage door, double doors to backyard from storage room, covered & exposed decking off kitchen and wooded backyard. New counter tops in kitchen and new lower level carpet. 763/Rangeline to Rainforest Parkway to right on Jungle Tree. 4204 BRUNSWICK DR. • $139,900 • #328923

3 BR, 2 BA, 1500+ sq ft, split bdrm design, gas FP, arched windows, bar seating in KIT & tiled floors, tray ceiling in MBR & jetted tub in MBA. Oakland Gravel to Thornberry to L on Culpepper to R on Brunswick.

202 BAY POINTE DR. • $144,900 • #333489

2302 SOLANO CT. • $174,900 • MLS# 335587

Great home in the Southridge Subidivision with 4 bedrooms, 3 baths, 2-car attached garage, 2799 Fin Sq, finished basement, and more! Grindstone Parkway to Bearfield South to Solano Ct.

NEW CONSTRUCTION! 3 BR, 2 BA, gorgeous wainscoting, tray ceilings, tile floors, & 5-ft shower in the master BA. Master w/ 2 walk-in closets, gas FP, beautiful kitchen w/ lots of wood cabinets & a pantry, and the breakfast area offers access to the back patio. New backyard wood fence. I-70 Dr SE, exit R at traffic circle at Ashley Furniture to Port Way to L on Vero to R on Baypointe.

Great brick home in Columbia’s Old Southwest! 1884 fin. sq ft, 3 bedrooms, 1 full and 2 half baths, 2-car attached garage, partially finished walkout basement, lovely formal dining, wood burning fireplace, partially fenced backyard, and more! Located near shopping and entertainment! Russel Blvd, Smithon, West Jr, and Rock Bridge schools. Forum to Mills, Right on Highridge Dr, Left on Joann St. to Left on Norma Ct.

49 E. SANDKER LN. • $124,900 • MLS# 335566

3 BEDROOMS, 2 BATHS, 1300+ FIN. SQUARE FEET 2-CAR ATTACHED GARAGE IN-GROUND SPRINKLER WA L K - I N C LO S E TS

4408 HOCKADAY PL.

$199,900 • MLS# 336411 SPACIOUS BACKYARD! 5 BR, 3 BA, 2400+ sq ft home. tiled entry, front office w/ wi closet, lots of cabinets & counter space in KIT, wood burning fireplace. Jetted tub in MBA. Finished LL with FR and lots of storage. 763/Rangeline to Smiley Ln to Langham to Hockaday Place.

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Susan Horak Delivers!

PROFESSIONAL PHOTOGRAPHY Our in-house graphic designers come to your home shortly after itʼs listed to take interior and exterior pictures of every room!

HIGH QUALITY, COLOR BROCHURES LOADED WITH PHOTOS, FLOOR PLANS, & DETAILS

Photos, measurements & floorplans (a Susan Horak trademark) are combined in professionally designed color brochures, placed in the brochure box on the sign in front of your home, handed out to prospective buyers, and given to other agents in meetings.

EXTRAORDINARY INTERNET COVERAGE! Susan promotes your home on over 20 major, well advertised websites & search engines including: Facebook, YouTube, Twitter, Blogger, Google, Yahoo, Realtor.com, Trulia, Houselocator.com, & many more. Susanhorak.com alone averages over 300,000 visitors a month! ���

ineyards

Plat 1, Lot 115 - Andretti Circle - $49,000 Plat 1, Lot 124 - Bates Creek Dr. - $49,000 Plat 2A, Lot 206A - Bates Creek Dr. - $49,000 Plat 2A, Lot 224A - Bates Creek Dr. - $55,000 Plat 2A, Lot 233A - August Briggs Dr. - $49,000 , Plat 2A, Lot 234A - August Briggs Dr. - $49,000 Plat 2A, Lot 247A - Bates Creek Dr. - $45,000 , Plat 2A, Lot 249A - Bates Creek Dr. - $45,000

In todayʼs real estate market you expect more from a realtor than just a sign in the yard. Sophisticated buyers and sellers want it all - virtual tours, floor plans, a great website and tons of advertising . . .

FOR PICTURES & INFO LOG ONTO:

WWW.SUSANHORAK.COM

(573

)876 susan@s -28 usanhora 49 • k.com NE

open house tours & display ads A weekly ad in the Columbia Daily Tribune boasts Susanʼs open houses, and the first two full pages in the Real Estate Book are reserved for all of Susanʼs listings. There are pictures of each home, price, address, MLS number, features, & even directions included!

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Call 876-2849 to Put Susan’s Proven Marketing PlAn to Work For You!


Subdivision Market Averages

5017-5019 ALPINE RIDGE • $189,900 • #330928

Homes sold 01-01-11 through 12-31-11

Seven Oaks Market Averages

Basement

Slab

Average Selling Price

$146,000

$157,729

Average Days on Market

10

22

Total Homes Sold in 2011

1

7

NewTown Fredrick

5013-5015 ALPINE RIDGE • $189,900 • #330927

Roberto

Susan is now on Facebook, Twitter, YouTube, & Blogger!

Truman

Premier Single Family Residences & Condos, Fully Furnished or Unfurnished, with Long or Short Term Leases Available!

Columbia Market Averages $180,499

Average Selling Price Average Days on Market

5101-5013 ALPINE RIDGE • $194,900 • #330926

77

Total Homes Sold in 2008

Visit susanhorak.com for more info

1,375

MARKET INFORMATION IS BASED ON DATA SUPPLIED BY THE COLUMBIA BOARD OF REALTORS® MULTIPLE LISTING SERVICE. NEITHER THE BOARD NOR MLS IS RESPONSIBLE FOR ITS ACCURACY. THIS DATA MAY NOT REFLECT ALL NOR THE MOST CURRENT REAL ESTATE ACTIVITY IN THE MARKET.

8 8 9 8 G R AY R D. $209,900 • #335932

3 BR, 3.5 BA, 3280 sq ft, 3.09 acres! Cape Cod style home with back deck, front covered porch & outbuilding. Interior decorated in modern style. The kitchen is a chef’s dream with a beautiful wood top island with built-in cabinets & bar-stool niches. There is plenty of cabinet & counter space & all black appliances. Nice master w/ laminate wood floors, finished lower w/ tile floors. I-70 W to Hwy 40 to R on Route J to east on Gray Rd. (about 1.5 miles south of Harrisburg).

6903 MADISON CREEK • $300,000 • #333424 Very classy home in the Cascades Subdivision with 4 bedrooms, 3 full baths, 2825 sq ft, kitchen with a huge pantry. Beautifully Landscaped & fenced yard. Finished lower level with a workshop. Excellent trim & great ceiling detail. Nifong to S. on Sinclair, L on Port Orchard, R on Madison Creek.

2303 ROSLYN CT. • $259,900 • #332448

3 side-by-side duplexes in the North Ridge Subdivision, each with 3,380 finished sq ft, 4 BR, 2 full & 1 half BA, 2-car attached garage, laminate wood & tile floors, & hardy plank siding. 5103 has a rock privacy wall enclosing the backyard, valued at over $10,000! Package discount for purchasing all 3. North on Rangeline, west on Brown School, North on Providence, east to Alpine Ridge.

For Brochures, Floorplans & More Photos Visit www.SusanHorak.com or call (573) 876-2849

ADDITIONAL HOMESITES & ACREAGE FOR SALE

10.01 acres!

Great building lot in Columbia’s Victoria South! Lot is narrow and deep - 64.52 ft x 202.7 ft, & will require a narrow house plan. Rock Bridge, Gentry, Jeff &RBHS .

10.01 acres of land in Fulton, MO! 3 sides fenced, electric meter set, water meter set, 4’’ water main across front & east side, 6’’ water main across back, existing slab for 2,000+ sq. ft. house plus 2-car garage. Lake within site!

TR4 CO.RD 228

MLS# 329675

- 10.01 ACRES

$70,000

5103 & 5105 HATTERAS DR. 3 BR, 2 BA 2100+ sq ft, spacious KIT w/ tiled backsplash, stainless appliances & large pantry. Large LR with gas FP & crown molding, large master bath w/ dual-headed shower, custom tile flooring. Nifong to Sinclair to Cascades Dr. to Roslyn Ct.

• Want a comfortable place for your new employees to stay while they are learning about the neighborhoods and all that Columbia has to offer? • Need a place to call home while you are house hunting or building?

Two side-by-side lots available in the Auburn Hills Subdivision - both priced at $39,900 each. 5103 is 73.57 ft x123.34 ft and 5105 is 167.53 ft x 137.99 ft. Both are perfect for a walkout! Backs to green belt, heavily wooded backyard.

MLS# 324450 & 324452

both $39,900

1102 YIOTIS WAY MLS# 324451

64.52 x 202.7 - $27,500

3 BR Condo

4 BR Condo

For More Information, Photos and Floorplans or to Receive a Full Color Brochure Call (573) 447-2146 or Visit

www.newtownrentals.com Directions to Newtown

South on Providence Rd, Continue on Route K (Providence) - go 2.7 mi, Turn left at Coneflower Ave

Not only do current renters have the dream of home ownership but according to the NAR survey 70% of households also agreed that buying a home is a good financial decision. The survey also showed that the nation feels that now is a good time to purchase a home.

Several of the Midwestern states, like Missouri, appear ‘on the road to recovery,’

Construction is also up in Columbia as the University of Missouri gains a record number of students and contractors scramble to says Jonathan Smoke, executive keep up with housing director for research for Housing IntelligencePro, which tracks real demands. A lot of the estate in 800 markets nationwide. new housing activity is also occurring in southwest Columbia, where there are still lots that weren’t built until after the market sank, said Tim Crockett, whose firm, Crockett Engineering, does residential and multifamily work in the area. “Definitely, there’s some areas in the southwest that are able to develop, and I think it will continue to develop there as a hot spot for the next several years.” The average price per square foot for Columbia, MO was $60, an increase of 1.7% compared to the same period last year.

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