My Wisconsin Real Estate Blog » Pricing your home in todays market

Milwaukee County Sales Report 2010

bradkoenig — Wed, 12 Jan 2011 20:44:46 +0000

Here are some sales data to compare 2010 vs 2009 for Milwaukee county. I broke the numbers down into different cities as well. This report is for single family only.

…or sign up for a monthly email report that is specific to your neighborhood!

See blog post

http://mywisconsinrealestateblog.com/post/1218462/pricing-your-home-in-todays-market

If you are curious on the value of your home visit

www.YourLocalHomeValue.com

5,237 Solds 2010 Milwaukee county	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$175,427	$160,126	$152,343	123	$-17,853	-11.92%
Median	$145,000	$139,900	$132,800	84	$-10,900	-8.34%
Low	$82	$3,400	$2,000	-6	$-1,205,000	-50%
High	$17,850,032	$3,995,000	$3,100,000	1,141	$100,000	85.71%
Number of listings	5,237 w/Orig. Pr.	5,237	5,235 sold	5,237	2,629 changed price

Compared to 2009, sales were down by 1021. Days on market remained the same. While Average sale price up $7,458 or 5.1%

6,268 Solds 2009 Milwaukee county	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$164,690	$152,161	$144,885	124	$-17,041	-12.97%
Median	$149,000	$139,900	$135,000	82	$-10,900	-8.88%
Low	$2	$3,500	$2,250	1	$-751,000	-50%
High	$12,359,900	$3,850,000	$3,140,000	1,094	$100,000	125.16%
Number of listings	6,268 w/Orig. Pr.	6,268	6,268 sold	6,268	2,983 changed price

Bayside 56 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$312,448	$298,887	$284,472	163	$-27,123	-9.14%
Median	$284,700	$267,400	$255,000	126	$-20,000	-6.07%
Low	$159,900	$124,900	$111,000	7	$-99,900	-27.11%
High	$830,000	$830,000	$833,500	525	$-5,000	-1.56%
Number of listings	56 w/Orig. Pr.	56	56 sold	56	28 changed price

42 sales for Bayside in 2009 151 days on the market and average price point of $295,821 down $11,349 or 3.8%

Brown Deer 94 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$168,796	$156,406	$148,383	162	$-20,079	-12.45%
Median	$161,250	$154,245	$147,500	134	$-15,050	-8.24%
Low	$69,900	$64,900	$58,250	7	$-60,900	-43.53%
High	$308,000	$308,000	$280,000	712	$50	0.03%
Number of listings	94 w/Orig. Pr.	94	94 sold	94	58 changed price

In 2009 there were 98 sales 126 days on the market with average price point of $162,791 down $14,408 or 8.8%

Cudahy 109 sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$147,742	$139,320	$132,757	111	$-15,048	-11.15%
Median	$149,500	$133,900	$130,000	72	$-10,000	-6.26%
Low	$44,900	$34,900	$30,000	1	$-50,000	-46.73%
High	$339,000	$339,000	$320,000	586	$-100	-0.06%
Number of listings	109 w/Orig. Pr.	109	109 sold	109	61 changed price

In 2009 there were 101 sales in Cudahy, 131 days on the market with average price point of $136,841 down $4,084 or 3%

Fox Point 76 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (76 Matches)
Average	$466,918	$432,980	$406,694	196	$-56,072	-9.9%
Median	$319,900	$303,000	$275,000	166	$-20,000	-7.3%
Low	$169,900	$129,900	$118,000	1	$-500,000	-35.84%
High	$2,495,000	$2,495,000	$2,225,000	1,141	$-900	-0.21%
Number of listings	76 w/Orig. Pr.	76	76 sold	76	46 changed price

In 2009 there were 80 sales in Fox Point, 149 days on the market with average price point of $367,549 up $39,145 or 10.8%

Franklin 194 sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$286,640	$275,631	$261,988	140	$-20,223	-6.8%
Median	$265,450	$252,450	$244,500	97	$-15,000	-5.62%
Low	$106,400	$45,000	$25,000	2	$-249,000	-33.36%
High	$899,000	$895,000	$780,000	735	$100,000	60.64%
Number of listings	194 w/Orig. Pr.	194	194 sold	194	102 changed price

In 2009 there were 204 sales in Franklin, 145 days on the market with average price point of $242,394 up $39,145 or 10.8%

Glendale 107 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$213,115	$199,760	$190,423	124	$-23,761	-11.94%
Median	$189,900	$189,900	$180,000	93	$-20,000	-8.63%
Low	$79,900	$34,900	$40,000	5	$-74,000	-43.33%
High	$460,000	$429,000	$405,000	602	$-4,900	-1.89%
Number of listings	107 w/Orig. Pr.	107	107 sold	107	55 changed price

In 2009 there were 127 sales in Glendale, 140 days on the market with average price point of $192,365 down $1,942 or 1%

Greendale 89 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$205,015	$197,806	$188,064	124	$-13,366	-6.38%
Median	$194,500	$184,900	$175,900	96	$-10,000	-5.27%
Low	$109,900	$99,900	$96,000	1	$-77,100	-43.56%
High	$425,000	$425,000	$410,000	597	$-1,000	-0.44%
Number of listings	89 w/Orig. Pr.	89	89 sold	89	48 changed price

In 2009 there were 96 sales in Greendale, 96 days on the market with average price point of $193,999 down $5,935 or 3%

Greenfield 182 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$279,930	$175,026	$167,480	122	$-16,147	-9.34%
Median	$174,900	$165,000	$159,450	87	$-11,750	-6.56%
Low	$59,900	$59,900	$45,150	1	$-118,000	-40.04%
High	$17,850,032	$420,000	$415,000	784	$5,800	3.93%
Number of listings	182 w/Orig. Pr.	182	182 sold	182	88 changed price

In 2009 there were 228 sales in Greenfield 103 days on the market with average price point of $175,373 down $7,893 or 4.5%

Hales Corners 42 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$201,975	$193,610	$185,783	153	$-16,731	-7.38%
Median	$199,450	$196,700	$186,500	114	$-16,000	-6.81%
Low	$99,900	$99,900	$90,000	3	$-40,000	-20%
High	$335,000	$299,900	$295,000	475	$-50	-0.03%
Number of listings	42 w/Orig. Pr.	42	42 sold	42	21 changed price

In 2009 there were 61 sales in Hales Corners 141 days on the market with average price point of $201,678 down $15,895 or 7.9%

Milwaukee 2,724 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$111,801	$99,998	$95,184	117	$-14,401	-14.82%
Median	$99,900	$89,900	$85,000	78	$-10,000	-11.44%
Low	$82	$3,400	$2,000	-6	$-271,900	-50%
High	$7,150,011	$995,000	$925,000	1,059	$21,888	85.71%
Number of listings	2,724 w/Orig. Pr.	2,724	2,722 sold	2,724	1,292 changed price

In 2009 there were 3,477 sales in Milwaukee 125 days on the market with average price point of $98,588 down $3,404 or 3.5%

Oak Creek 192 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (192 Matches)
Average	$229,688	$223,017	$214,324	117	$-14,190	-6.21%
Median	$224,900	$218,750	$209,000	80	$-12,500	-5.45%
Low	$109	$49,900	$43,000	4	$-74,650	-28.59%
High	$524,900	$475,000	$430,000	890	$82,600	47.23%
Number of listings	192 w/Orig. Pr.	192	192 sold	192	98 changed price

In 2009 there were 216 sales in Oak Creek 143 days on the market with average price point of $216,114 down $1,790 or 0.8%

River Hills 21 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$1,122,667	$991,333	$855,167	305	$-183,867	-13.51%
Median	$725,000	$659,900	$620,000	289	$-100,000	-10.75%
Low	$335,000	$299,000	$290,000	17	$-1,205,000	-43.04%
High	$3,995,000	$3,995,000	$3,100,000	965	$-24,900	-4.98%
Number of listings	21 w/Orig. Pr.	21	21 sold	21	15 changed price

In 2009 there were 9 sales in River Hills 204 days on the market with average price point of $858,133

Shorewood 111 sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (111 Matches)
Average	$376,330	$366,738	$350,550	125	$-26,457	-7.32%
Median	$338,000	$328,900	$310,000	82	$-18,300	-5.2%
Low	$3,900	$160,000	$100,000	4	$-150,000	-30.08%
High	$1,480,000	$1,480,000	$1,400,000	665	$-500	-0.25%
Number of listings	111 w/Orig. Pr.	111	111 sold	111	52 changed price

In 2009 there were 89 sales in Shorewood 114 days on the market with average price point of $320,021 up $30,529 or 9.5%

South Milwaukee 127 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$165,749	$139,086	$132,376	159	$-17,420	-12.48%
Median	$149,900	$139,900	$135,000	119	$-13,100	-9.38%
Low	$30,000	$29,900	$27,000	3	$-79,600	-47.27%
High	$2,219,900	$339,900	$295,000	858	$4,000	2.76%
Number of listings	127 w/Orig. Pr.	127	127 sold	127	79 changed price

In 2009 there were 152 sales in South Milwaukee, 141 days on the market with average price point of $143,170 down $10,794 or 7.5%

St Francis 53 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$144,729	$138,707	$130,782	100	$-12,276	-9.49%
Median	$145,900	$139,900	$129,500	84	$-10,000	-6.76%
Low	$59,900	$33,900	$30,000	8	$-47,180	-43.41%
High	$229,000	$229,000	$223,500	447	$-400	-0.29%
Number of listings	53 w/Orig. Pr.	53	53 sold	53	26 changed price

In 2009 there were 61 sales in St Francis 107 days on the market with average price point of $128,895 up $1,897

Wauwatosa 422 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$231,752	$223,187	$214,443	108	$-17,293	-8.14%
Median	$209,900	$199,900	$192,950	78	$-14,000	-5.89%
Low	$50,000	$50,000	$55,500	1	$-69,900	-39.94%
High	$749,900	$749,900	$695,000	874	$10,000	2.27%
Number of listings	422 w/Orig. Pr.	422	422 sold	422	209 changed price

In 2009 there were 466 sales in Wauwatosa 107 days on the market with average price point of $208,995 up $5,448 or 2.6%

West Allis 445 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (445 Matches)
Average	$140,572	$132,404	$126,700	125	$-13,652	-10%
Median	$139,900	$133,000	$129,900	90	$-10,000	-7.15%
Low	$29,900	$24,900	$15,000	1	$-118,000	-48.03%
High	$387,900	$269,900	$264,900	817	$30,000	13.64%
Number of listings	445 w/Orig. Pr.	445	445 sold	445	252 changed price

In 2009 there were 531 sales in West Allis 123 days on the market with average price point of $128,952 down $2,252

Whitefish Bay 181 Sales	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$403,648	$388,834	$370,001	116	$-29,466	-7.36%
Median	$329,900	$324,900	$308,500	87	$-20,000	-5.89%
Low	$149,000	$119,900	$105,000	1	$-182,000	-29.43%
High	$2,000,000	$2,000,000	$1,985,000	822	$100	0.03%
Number of listings	181 w/Orig. Pr.	181	181 sold	181	91 changed price

In 2009 there were 212 sales in Whitefish bay, 108 days on the market with average price point of $373,236 down $3,235

See report for Waukesha County

Incoming search terms for the article:

Jefferson County 2010 Sales report

bradkoenig — Mon, 10 Jan 2011 22:49:08 +0000

Here are some sales data to compare 2010 vs 2009 for Jefferson county. I broke the numbers down into different price points. This is for all of Jefferson county. Keep in mind each city has stats of their own. This report is for single family only.

…or sign up for a monthly email report that is specific to your neighborhood!

See blog post

http://mywisconsinrealestateblog.com/post/1218462/pricing-your-home-in-todays-market

If you are curious on the value of your home visit

www.YourLocalHomeValue.com

Average sale price has lowered for $7,382 or 4% decline since 2009. Average days on the market has also went up 5 days. Overall homes are selling if they are priced aggressive and are clean and updated.

Here is the breakdown per major city. Fort Atkinson 79, Ixonia 35, Jefferson 54, Johnson Creek 35, Lake Mills 46, Sullivan 17, Watertown 105

This Search (465 Matches) Jefferson county 2010	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$189,664	$180,055	$169,977	173	$-18,795	-10.42%
Median	$169,900	$165,900	$159,900	118	$-15,000	-8.42%
Low	$39,900	$32,900	$20,000	1	$-115,100	-45.12%
High	$980,000	$980,000	$729,950	1,386	$100,000	91.74%
Number of listings	465 w/Orig. Pr.	465	465 sold	465	235 changed price

This Search (547 Matches) Jefferson county 2009	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$196,501	$186,688	$177,359	168	$-20,295	-9.97%
Median	$179,900	$174,900	$167,500	121	$-14,600	-8.29%
Low	$1,220	$32,900	$30,000	1	$-299,100	-49.28%
High	$995,000	$995,000	$750,000	889	$80,000	43.24%
Number of listings	547 w/Orig. Pr.	547	547 sold	547	285 changed price

Here is the breakdown per different price points.

This Search (198 Matches) 2010 under 150,000	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$121,013	$111,152	$103,805	151	$-16,975	-13.77%
Median	$124,900	$117,700	$109,950	112	$-14,950	-11.13%
Low	$39,900	$32,900	$20,000	1	$-85,000	-45.12%
High	$235,000	$150,000	$150,000	881	$-2,000	-1.49%
Number of listings	198 w/Orig. Pr.	198	198 sold	198	112 changed price

2009 there were 203 sales with average sale price $107,985 and 148 days on the market

This Search (206 Matches) 2010 sales $150-250,000	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$202,871	$193,919	$187,460	182	$-18,259	-7.57%
Median	$199,900	$189,900	$185,000	122	$-13,000	-6.13%
Low	$109,000	$150,000	$120,000	1	$-115,100	-41.85%
High	$289,900	$250,000	$535,000	1,186	$100,000	91.74%
Number of listings	206 w/Orig. Pr.	206	206 sold	206

2009 there were 281 sales with average sale price of $189,452 and 172 days on the market

This Search (64 Matches) 2010 Sales $250,000+	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg

Average	$361,276	$348,754	$318,831	212	$-32,056	-7.95%
Median	$299,900	$294,450	$279,500	142	$-30,000	-8.45%
Low	$250,967	$250,000	$221,500	1	$-79,000	-20.5%
High	$980,000	$980,000	$729,950	1,386	$24,050	9.25%
Number of listings	64 w/Orig. Pr.	64	64 sold	64	25 changed price

2009 there were 72 sales with average sale price of $326,478 and 212 days on the market.

Incoming search terms for the article:

April 2010 Sales Data for Waukesha, Jefferson and Dane Counties

bradkoenig — Wed, 05 May 2010 21:36:57 +0000

April 2010 Sales report-Waukesha, Jefferson and Dane Counties

Many of you ask us “What is going on in my local housing market?”

Below you will find sales data for Waukesha, Jefferson and Dane Counties.
These sales are single family homes only. If you would like to see postings on
Condos, land or any other county let us know.

…or sign up for a monthly email report that is specific to your
neighborhood!

See blog post

http://mywisconsinrealestateblog.com/post/1218462/pricing-your-home-in-todays-market

If you are curious on the value of your home visit

www.YourLocalHomeValue.com

Compare 2008 vs 2009
Overall for Waukesha county sales were up from 2009. Average sale price was up
for sales over 300,000


This Search Waukesha county under $300,000 April 2010	Original Price	List Price	Sale Price	Days on market	Price Change	% Price Change
This Search (223 Matches)
Average	$221,086	$213,635	$205,733	121	$-16,131	-7.21%
Median	$219,900	$209,900	$204,000	78	$-10,000	-4.79%
Low	$83,900	$60,000	$64,000	2	$-60,100	-36.24%
High	$395,000	$339,900	$300,000	986	$400	0.18%
Number of listings	223 w/Orig. Pr.	223	223 sold	223	103 changed price

Click to view 2010 Sales under $300,000 Here are the number of sales
for the top cities

Brookfield had 20 sales, Delafield at 2, Eagle 5, Elm Grove 3, Genesee 5, Hartland
5,
Menomonee Falls 22, Merton 5,Mukwonago 6, Muskego 11, New Berlin 24, Oconomowoc
19,
Pewaukee 5,
Sussex 4, Waukesha 68

This Search Waukesha county under $300,000 April 2009	Original Price	List Price	Sale Price	Days on the market	Price Change	% Price Change
This Search (167 Matches)
Average	$223,067	$212,812	$204,250	146	$-20,409	-9.15%
Median	$228,000	$214,900	$208,000	95	$-14,000	-6.58%
Low	$2	$57,135	$45,000	1	$-110,000	-45.26%
High	$359,000	$319,900	$300,000	715	$12,000	6.49%
Number of listings	167 w/Orig. Pr.	167	167 sold	167	89 changed price

This Search Waukesha county over $300,000 April 2010	Original Price	List Price	Sale Price	Days on the market	Price Change	% Price Change
This Search (71 Matches)
Average	$476,384	$449,185	$426,296	205	$-55,174	-7.63%
Median	$400,000	$399,000	$370,000	144	$-30,000	-6.25%
Low	$309,900	$304,900	$300,000	6	$-350,100	-25.93%
High	$1,350,000	$999,900	$960,500	769	$15,000	4.17%
Number of listings	71 w/Orig. Pr.	71	71 sold	71	35 changed price

Click to view sales for 2010 over $300,000 Here are the number of
sales for the top cities

Brookfield had 10 sales, Delafield at 5, Elm Grove 2, Genesee 3,
Menomonee Falls 7, Merton 3,
Mukwonago 3, Muskego 3, New Berlin 4, Oconomowoc 7
Pewaukee 7, Sussex 3, Waukesha 6

Current Listing
This Search Waukesha county over $300,000 April 2009	Original Price	List Price	Sale Price	Days on the market	Price Change	% Price Change
This Search (57 Matches)
Average	$472,862	$452,600	$424,126	208	$-54,093	-8.41%
Median	$379,900	$369,900	$364,700	177	$-30,000	-6.98%
Low	$38,400	$274,777	$300,000	4	$-350,000	-28.63%
High	$1,900,000	$1,550,000	$1,250,000	646	$50,800	9.44%
Number of listings	57 w/Orig. Pr.	57	57 sold	57	27 changed price

Current Listing	Original Price	List Price	Sale Price	Days on market	Price Chg	% Price Chg
This Search Jefferson county March 2010	$54,900	$49,900	$45,000	98	$-5,000	-9.11%
This Search (59 Matches)
Average	$174,336	$166,697	$163,534	212	$-17,335	-9.27%
Median	$154,900	$144,500	$140,650	159	$-13,500	-8.72%
Low	$54,900	$49,900	$45,000	1	$-55,000	-21.58%
High	$374,888	$374,888	$535,000	1,386	$-900	-0.3%
Number of listings	59 w/Orig. Pr.	59	59 sold	59	26 changed price

Click to view
Jefferson county sales in 2010 Here are the number of sales for
the top cities
Fort Atkinson 11, Ixonia 4, Jefferson 8, Johnson Creek 3, Lake Mills, 5,Watertown
16.


This Search Jefferson county March 2009	Original Price	List Price	Sale Price	Days on market	Price Change	% Price Change
This Search (25 Matches)
Average	$213,754	$195,702	$188,698	187	$-26,547	-11.19%
Median	$219,500	$199,900	$200,000	165	$-15,000	-9.31%
Low	$53,000	$44,900	$32,000	6	$-180,000	-37.51%
High	$479,900	$349,900	$335,000	889	$10,000	3.92%
Number of listings	25 w/Orig. Pr.	25	25 sold	25	17 changed price

Dane County Sales under 300,000 for 2010
Average sale price is slightly down but the number of homes as increased

Click
Here to View Listings (Under 200,000)

Click Here to View Listings (200-300,000)

LIST PRICE:

SOLD PRICE:

Days on Market

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$339,900	$24,900	$202,414	$200,000	$80,358,608	397
$300,000	$24,500	$196,414	$195,000	$77,976,634	397
559	0	81	41

Compare to 2009 under 300,000

LIST PRICE:

SOLD PRICE:

Days on the market:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$400,000	$44,900	$206,495	$204,900	$52,656,301	255
$300,000	$42,000	$198,205	$195,000	$50,542,441	255
616	0	90	60

Dane County Sales over 300,000 for 2010

Click Here to View Listings

LIST PRICE:

SOLD PRICE:

Days on the market:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$1,100,000	$299,900	$443,018	$392,000	$35,441,449	80
$1,000,000	$300,000	$419,154	$378,750	$33,532,329	80
550	0	125	80

Compare to 2009 sales over 300,000

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$1,169,107	$309,000	$451,905	$404,900	$30,277,683	67
$1,169,107	$300,000	$427,321	$382,000	$28,630,565	67
429	0	99	68

If you like this report please comment or share with someone.

Brad Koenig

Your Local Home Team, LLC-First Weber
Realtors

www.YourLocalHomeTeam.com Search for homes in the area!
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March 2010 Sales Data for Waukesha, Jefferson and Dane Counties

bradkoenig — Wed, 07 Apr 2010 20:46:53 +0000

March 2010 Sales report-Waukesha, Jefferson and Dane Counties

Many of you ask us “What is going on in my local housing market?”

Below you will find sales data for Waukesha, Jefferson and Dane Counties.
These sales are single family homes only. If you would like to see postings on
Condos, land or any other county let us know.

…or sign up for a monthly email report that is specific to your
neighborhood!

See blog post

http://mywisconsinrealestateblog.com/post/1218462/pricing-your-home-in-todays-market

If you are curious on the value of your home visit

www.YourLocalHomeValue.com

Compare 2008 vs 2009 notice the Days On Market as well as the average sale
price difference.
This is a good time to buy your first home or move up in size.
Overall for Waukesha county sales were up. Average price is still down compared
to 2009.
As a buyer this is where you will make it up.


This Search Waukesha county under $300,000 March 2010	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (171 Matches)
Average	$227,546	$218,540	$210,391	162	$-16,559	-6.67%
Median	$229,900	$219,900	$214,900	109	$-14,900	-5.88%
Low	$34,900	$34,900	$34,900	1	$-55,000	-21.91%
High	$349,900	$318,500	$299,900	975	$50,000	29.6%
Number of listings	171 w/Orig. Pr.	171	171 sold	171	93 changed price

Click to view 2010 Sales under $300,000 Here are the number of sales
for the top cities

Brookfield had 22 sales, Delafield at 1, Eagle 2, Elm Grove 1, Genesee 3, Hartland
3,
Menomonee Falls 16, Merton 2,Mukwonago 6, Muskego 12, New Berlin 14, Oconomowoc
19,
Pewaukee 7,
Sussex 2, Waukesha 44

Current Listing	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search Waukesha county under $300,000 March 2009	$144,900	$69,500	$68,500	232	–	–
This Search (162 Matches)
Average	$245,240	$219,527	$210,606	145	$-18,791	-7.57%
Median	$229,900	$220,000	$215,000	119	$-12,450	-5.76%
Low	$99,900	$69,500	$68,500	1	$-85,000	-28.41%
High	$2,749,000	$319,900	$295,900	584	$5,000	2%
Number of listings	162 w/Orig. Pr.	162	162 sold	162	86 changed price


This Search Waukesha county over $300,000 March 2010	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (64 Matches)
Average	$505,723	$481,891	$456,908	226	$-47,665	-8.18%
Median	$454,450	$444,850	$429,820	175	$-40,000	-7.19%
Low	$314,900	$314,900	$302,500	9	$-305,000	-19.3%
High	$1,760,000	$1,455,000	$1,245,000	1,002	$24,000	2.46%
Number of listings	64 w/Orig. Pr.	64	64 sold	64	32 changed price

Click to view sales for 2010 over $300,000 Here are the number of
sales for the top cities

Brookfield had 10 sales, Delafield at 7, Elm Grove 2, Genesee 1,
Hartland 1,
Menomonee Falls 9, Merton 2, Mukwonago 1, Muskego 3, New Berlin 5, Oconomowoc 3
Pewaukee 4, Sussex 1, Waukesha 2


This Search Waukesha county over $300,000 March 2009	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (60 Matches)
Average	$464,663	$443,260	$422,815	195	$-40,131	-7.38%
Median	$399,450	$379,900	$362,475	148	$-32,500	-7.04%
Low	$319,900	$319,900	$315,000	1	$-171,000	-20%
High	$1,450,000	$1,279,000	$1,147,500	700	$30,000	6.38%
Number of listings	60 w/Orig. Pr.	60	60 sold	60	32 changed price


This Search Jefferson county March 2010	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (37 Matches)
Average	$182,442	$168,524	$164,725	180	$-23,409	-13.85%
Median	$184,000	$179,900	$173,000	134	$-20,050	-11.98%
Low	$64,900	$39,900	$39,900	12	$-85,000	-38.52%
High	$299,900	$289,900	$289,900	628	$10,000	3.57%
Number of listings	37 w/Orig. Pr.	37	37 sold	37	22 changed price

Click to view
Jefferson county sales in 2010 Here are the number of sales for
the top cities
Fort Atkinson 3, Ixonia 5, Jefferson 6, Johnson Creek 6, Watertown 9.

This Search Jefferson county March 2009	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (41 Matches)
Average	$198,341	$187,170	$175,412	196	$-16,964	-8.76%
Median	$199,900	$199,900	$179,900	159	$-10,000	-7.7%
Low	$32,900	$32,900	$35,000	3	$-75,000	-28.61%
High	$449,900	$449,900	$410,000	707	$15,073	6.28%
Number of listings	41 w/Orig. Pr.	41	41 sold	41	27 changed price

Dane County Sales under 300,000 for 2010

Click Here to View Listings

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$329,000	$49,900	$207,232	$207,250	$46,005,577	222
$300,000	$47,250	$200,108	$200,000	$44,423,996	222
616	0	96	72

Compare to 2009 under 300,000

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$329,900	$33,900	$198,379	$199,900	$45,032,123	227
$300,000	$33,900	$190,178	$191,900	$43,170,607	227
400	0	96	75

Dane County Sales over 300,000 for 2010

Click Here to View Listings

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$1,425,000	$254,900	$476,149	$410,000	$29,045,145	61
$1,173,000	$300,000	$453,112	$410,000	$27,639,868	61
450	0	117	71

Compare to 2009 sales over 300,000

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$1,350,000	$274,900	$426,460	$364,875	$20,896,541	49
$1,125,000	$300,000	$405,351	$353,750	$19,862,203	49
427	0	125	103

If you like this report please comment or share with someone.

Brad Koenig

Your Local Home Team, LLC-First Weber
Realtors

www.YourLocalHomeTeam.com Search for homes in the area!
Sold@YourLocalHomeTeam.com

262-719-7393 Office/Cell

262-364-3404 Direct Fax

Proudly Serving Southcentral Wisconsin with Referrals from our Clients

Visit my LinkedIn profile:

http://www.linkedin.com/in/bradkoenig or

www.FaceBook.com

http://twitter.com/bradkoenig

Check out our Blog!

http://mywisconsinrealestateblog.com/

Incoming search terms for the article:

February 2010 Sales report-Waukesha, Jefferson and Dane Counties

bradkoenig — Wed, 10 Mar 2010 22:28:06 +0000

February 2010 Sales report-Waukesha, Jefferson and Dane Counties

Many of you ask us “What is going on in my local housing market?”

Below you will find sales data for Waukesha, Jefferson and Dane Counties.
These sales are single family homes only. If you would like to see postings on
Condos, land or any other county let us know.

…or sign up for a monthly email report that is specific to your
neighborhood!

See blog post

http://mywisconsinrealestateblog.com/post/1218462/pricing-your-home-in-todays-market

If you are curious on the value of your home visit

www.YourLocalHomeValue.com

Compare 2008 vs 2009 notice the Days On Market as well as the average sale
price difference.
This is a good time to buy your first home or move up in size.
Overall for Waukesha county sales were up for homes over 300,000. They were down
for under 300,000. I think
this number will change for March and April.


This Search Waukesha county under $300,000 Feb 2010	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (92 Matches)
Average	$223,997	$216,098	$206,097	136	$-18,633	-7.69%
Median	$220,000	$215,000	$209,250	95	$-12,400	-5.5%
Low	$27,000	$27,000	$31,000	7	$-104,000	-27.81%
High	$379,900	$299,900	$299,900	936	$-1,000	-0.35%
Number of listings	92 w/Orig. Pr.	92	92 sold	92	39 changed price

Click to view 2010 Sales under $300,000 Here are the number of sales
for the top cities

Brookfield had 10 sales, Delafield at 1, Eagle 3, Elm Grove 2, Hartland 4,
Menomonee Falls 10,
Merton 4,Mukwonago 4, Muskego 2, New Berlin 9, Oconomowoc 8, Pewaukee 8,
Sussex 5,
Waukesha 18


This Search Waukesha county under $300,000 Feb 2009	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (111 Matches)
Average	$221,577	$210,905	$199,598	162	$-23,607	-10.39%
Median	$219,900	$214,900	$200,000	134	$-20,000	-8.33%
Low	$25,000	$45,000	$45,000	7	$-75,550	-38.14%
High	$349,900	$299,900	$280,000	755	$-5,000	-1.85%
Number of listings	111 w/Orig. Pr.	111	111 sold	111	61 changed price


This Search Waukesha county over $300,000 Feb 2010	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (48 Matches)
Average	$457,889	$448,756	$417,319	185	$-36,286	-5.92%
Median	$410,750	$399,400	$368,450	157	$-25,000	-3.78%
Low	$309,999	$309,500	$280,000	6	$-150,000	-16.69%
High	$1,149,900	$999,900	$850,000	669	$9,000	1.84%
Number of listings	48 w/Orig. Pr.	48	48 sold	48	22 changed price

Click to view sales for 2010 over $300,000 Here are the number of
sales for the top cities

Brookfield had 5 sales, Delafield at 7, Eagle 1, Elm Grove 3, Genesee 3,
Hartland 1,
Menomonee Falls 4, Merton 2, Mukwonago 1, Muskego 3, New Berlin 5, Oconomowoc 3
Pewaukee 4, Sussex 1, Waukesha 2


This Search Waukesha county over $300,000 Feb 2009	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (46 Matches)
Average	$470,333	$459,816	$425,015	240	$-41,513	-7.3%
Median	$404,850	$399,900	$383,800	204	$-25,000	-5.56%
Low	$350,000	$309,900	$279,000	4	$-200,000	-25%
High	$1,299,900	$1,299,900	$1,150,000	768	$-1,000	-0.23%
Number of listings	46 w/Orig. Pr.	46	46 sold	46	19 changed price


This Search Jefferson county Feb 2010	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (32 Matches)
Average	$173,280	$162,475	$150,886	178	$-18,197	-9.9%
Median	$187,400	$166,700	$162,000	164	$-12,600	-7.02%
Low	$59,000	$59,000	$5,500	11	$-50,500	-29.11%
High	$275,000	$265,000	$227,500	881	$-5,000	-2.97%
Number of listings	32 w/Orig. Pr.	32	32 sold	32	19 changed price

Click to view
Jefferson county sales in 2010 Here are the number of sales for
the top cities
Fort Atkinson 4, Ixonia 2, Jefferson 4, Johnson Creek 2, Lake Mills 4,
Watertown 11.


This Search Jefferson county Feb 2009	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (28 Matches)
Average	$188,382	$161,611	$149,131	157	$-44,094	-18.97%
Median	$177,400	$167,400	$161,750	134	$-20,000	-16.29%
Low	$39,900	$38,500	$38,475	1	$-299,100	-49.28%
High	$699,000	$399,900	$318,000	508	$-5,000	-2.27%
Number of listings	28 w/Orig. Pr.	28	28 sold	28	17 changed price

Dane County Sales under 300,000 for 2010

Click Here to View Listings

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$320,000	$32,000	$201,572	$205,900	$31,042,119	154
$299,900	$26,000	$193,925	$194,100	$29,864,600	154
674	0	96	73

Compare to 2009 under 300,000

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$354,900	$39,900	$206,463	$219,000	$27,666,102	134
$300,000	$36,000	$197,622	$207,600	$26,481,369	134
396	0	87	79

Dane County Sales over 300,000 for 2010

Click Here to View Listings

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$1,300,000	$319,900	$459,358	$392,400	$20,211,775	44
$1,250,000	$302,000	$438,284	$370,750	$19,284,522	44
409	0	113	94

Compare to 2009 sales over 300,000

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$998,000	$309,900	$418,365	$377,400	$15,061,140	36
$875,000	$300,000	$400,811	$362,750	$14,429,218	36
634	0	107	80

If you like this report please comment or share with someone.

Brad Koenig

Your Local Home Team, LLC-First Weber
Realtors

www.YourLocalHomeTeam.com Search for homes in the area!
Sold@YourLocalHomeTeam.com

262-719-7393 Office/Cell

262-364-3404 Direct Fax

Proudly Serving Southcentral Wisconsin with Referrals from our Clients

Visit my LinkedIn profile:

http://www.linkedin.com/in/bradkoenig or

www.FaceBook.com

http://twitter.com/bradkoenig

Check out our Blog!

http://mywisconsinrealestateblog.com/

January 2009 Sales data, Waukesha, Jefferson and Dane Counties

bradkoenig — Fri, 05 Feb 2010 22:51:30 +0000

Many of you ask us “What is going on in my local housing market?”

Below you will find sales data for Waukesha, Jefferson and Dane Counties.
These sales are single family homes only. If you would like to see postings on Condos, land or any other county let us know.

…or sign up for a monthly email report that is specific to your neighborhood!

See blog post http://mywisconsinrealestateblog.com/post/1218462/pricing-your-home-in-todays-market

If you are curious on the value of your home visit www.YourLocalHomeValue.com

Compare 2008 vs 2009 notice the Days On Market as well as the average sale price difference.
This is a good time to buy your first home or move up in size.
Overall for Waukesha county sales were up with average sale price was up $5,000.


This Search Waukesha county under $400,000 Jan 2010	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (95 Matches)
Average	$253,016	$242,108	$232,043	140	$-21,148	-7.71%
Median	$244,900	$229,900	$219,000	105	$-15,000	-7.01%
Low	$64,900	$59,900	$52,000	3	$-140,000	-25.93%
High	$539,900	$399,900	$399,000	1,084	$-50	-0.02%
Number of listings	95 w/Orig. Pr.	95	95 sold	95	49 changed price

Click to view listings It make take a minute to load (this link only good until 03/05/10)

Compare this to 2009


This Search Waukesha county under $400,000 Jan 2009	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (86 Matches)
Average	$256,224	$240,131	$228,191	155	$-26,113	-9.14%
Median	$239,900	$229,900	$220,000	121	$-20,000	-7.21%
Low	$94,900	$64,900	$63,500	5	$-144,000	-31.68%
High	$539,000	$399,999	$387,000	1,012	$34,515	10.15%
Number of listings	86 w/Orig. Pr.	86	86 sold	86	53 changed price

For Waukesha county over 400,000 the number of sales remained the same but notice the average sale price
was down $65,000 compared to 2009.


This Search Waukesha county over $400,000 Jan 2010	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (17 Matches)
Average	$550,861	$542,255	$500,048	230	$-16,256	-2.47%
Median	$499,900	$489,000	$457,500	121	$-10,000	-2%
Low	$415,900	$413,000	$393,500	19	$-60,000	-6.39%
High	$939,000	$879,000	$790,000	917	$3,500	0.78%
Number of listings	17 w/Orig. Pr.	17	17 sold	17	9 changed price

Click to view listings It make take a minute to load (this link only good until 03/05/10)

Compare this to 2009


This Search Waukesha county over $400,000 Jan 2009	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (18 Matches)
Average	$638,281	$615,008	$565,744	210	$-83,780	-9.73%
Median	$564,900	$554,900	$507,500	183	$-103,000	-9.55%
Low	$424,900	$424,900	$385,000	22	$-150,000	-15.81%
High	$1,100,000	$995,000	$910,000	735	$-30,000	-4.62%
Number of listings	18 w/Orig. Pr.	18	18 sold	18	5 changed price


This Search Jefferson county Jan 2010	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search (22 Matches)
Average	$236,549	$222,418	$197,057	170	$-31,087	-16.83%
Median	$154,500	$151,950	$141,250	101	$-20,335	-13.61%
Low	$39,900	$39,900	$20,000	23	$-115,100	-41.85%
High	$980,000	$980,000	$729,950	955	$-5,000	-6.58%
Number of listings	22 w/Orig. Pr.	22	22 sold	22	10 changed price

Click to view listings It make take a minute to load (this link only good until 03/05/10)
One thing to note, northside was on the market for 3 years. Starting price was 1,590,000.

Compare this to 2009

	Original Price	List Price	Sale Price	CDOM	Price Chg	% Price Chg
This Search Jefferson county Jan 2009	$104,900	$89,000	$91,275	71	$-15,900	-15.16%
This Search (19 Matches)
Average	$187,621	$175,489	$162,904	149	$-19,209	-10.98%
Median	$182,900	$159,900	$152,000	112	$-14,755	-10.74%
Low	$104,900	$89,000	$91,275	16	$-45,000	-23.54%
High	$339,897	$324,987	$290,000	528	$-5,000	-2.5%
Number of listings	19 w/Orig. Pr.	19	19 sold	19	12 changed price

Dane County Sales under 300,000 2010

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$339,900	$24,900	$198,699	$204,900	$21,062,124	106
$295,000	$15,000	$190,045	$197,500	$20,144,820	106
560	0	107	73

Click Here to View Listings

Compare to 2009 Homes sales under 300,000

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$329,900	$18,900	$205,475	$209,900	$17,670,872	86
$300,000	$18,000	$195,866	$199,000	$16,844,541	86
618	0	74	48

Dane County home sales over 300,000 in 2010

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$843,000	$299,900	$415,992	$359,900	$11,231,804	27
$799,500	$302,627	$401,629	$350,000	$10,843,998	27
590	0	120	119

Click Here to View Listings

Compare this to sales in 2009. Notice the highest and average sale price.

LIST PRICE:

SOLD PRICE:

DOM:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE	LISTING COUNT
$1,599,000	$309,900	$468,992	$388,650	$15,945,750	34
$1,325,000	$300,000	$442,392	$373,462	$15,041,329	34
313	0	98	78

If you like this report please comment or share with someone.

Brad Koenig

Your Local Home Team, LLC-First Weber Realtors

www.YourLocalHomeTeam.com Search for homes in the area!
Sold@YourLocalHomeTeam.com

262-719-7393 Office/Cell

262-364-3404 Direct Fax

Proudly Serving Southcentral Wisconsin with Referrals from our Clients

Visit my LinkedIn profile: http://www.linkedin.com/in/bradkoenig or www.FaceBook.com

Check out our Blog! http://mywisconsinrealestateblog.com/

2009 Cost vs. Value Report: Small Projects, Big Bang

bradkoenig — Mon, 18 Jan 2010 22:37:37 +0000

Below is an article to read on Cost vs return on value for certain items in your home. Kitchens and Baths I think are still the best. But a coat of paint and new flooring goes along way. I dont know if I agree with some of the prices listed. What do you think?

http://www.remodeling.hw.net/2009/costvsvalue/division/east-north-central.aspx

2009 Cost vs. Value Report: Small Projects, Big Bang

Judicious home remodeling is still worth the investment, according to Remodeling magazine’s annual “Cost vs. Value Report.”

By G.M. Filisko //

Uncertainty and restraint are the order of the day in this economy, and that sense of caution is reflected in home owners’ return on their investment in remodeling projects, according to REALTORS® in 80 metropolitan markets surveyed by Remodeling magazine for this year’s Cost vs. Value Report.

The majority of the 10 remodeling projects with the best return on investment nationally are a testament to pragmatism. Six of the 10 projects—siding and window replacement using a variety of materials—involve home maintenance that costs less than $14,000.

Two more—adding an attic bedroom or a wood deck—reinforce the notion that boosting the amount of livable space in and around your home will attract buyers who are increasingly looking for more room for their buck. In past years, converting an attic into a bedroom was a project that landed squarely in the middle of the rankings, but this year it leapfrogged over other categories into third place. It’s an admittedly pricey project, with an average national cost of nearly $50,000, but it generates an average national return of 83.1 percent and a better-than-100 percent return on investment, according to REALTORS® in 14 of the 80 cities surveyed. Adding a wood deck is much more economical, with an average national cost of slightly more than $10,000. Its average national return is 80.6 percent, but in six cities, its return is estimated at 100 percent or greater.

The six siding and window home maintenance projects in the top 10, combined with the project with the biggest return on investment—a mid-range entry door replacement—prove something that every sales associate tells sellers throughout the country: First impressions count. A mid-range entry door replacement, a project new to the survey this year, is the only home remodeling project that REALTORS® expect to generate a full return for the money nationally. It’s the least expensive of the 33 projects included in the analysis, yet it brings a whopping average national return on investment of 128.9 percent. It generates a better-than-100 percent return in 48 of the 80 cities, according to REALTORS® surveyed, and in several cities, its return is estimated at more than double its cost.

Additional data prove the value of restraint. Upgrading kitchens and baths is still a smart bet. However, home owners will recoup the greatest share of their costs by foregoing super-deluxe projects in favor of mid-range kitchen and bath remodels. A mid-range kitchen remodel brings an average 72.1 percent return on investment, while an upscale kitchen re-do returns only an average of 63.2 percent of the money invested. A mid-range bathroom project has an average 71 percent cost recovery, but the average recovery on an upscale bathroom project is nearly 10 points lower, at 61.6 percent.

The only upscale projects that cracked the top 10 were the home maintenance projects of fiber-cement siding replacement and vinyl window replacement. The average cost of fiber-cement siding is more than $13,000, but its return on investment reached 83.6 percent, placing it squarely in second place in the survey. The average cost of vinyl window replacement is nearly $14,000, and it generates an average return of 76.5 percent, or tenth place in the survey. Of the 12 upscale projects, nine landed in the bottom half.

Overall, home owners recouped an average of 63.8 percent of their investment in 33 different home improvement projects, according to REALTORS® who responded to the survey. The expected cost recoup was generally down from previous years in line with the drop in home prices nationally (see page 23). The return on home owners’ investment in remodeling projects has declined an average of 3.5 percentage points between 2008 and 2009. That’s down from the 2.7 point drop between 2007 and 2008 and much less than the 5.5 point drop between 2006 and 2007 and the 10.5 point drop from 2005 to 2006.

Zooming in from the national to the city level, Honolulu sits atop the rankings for having the most projects—18—that generate at least a full return on investment. In Honolulu, adding a wood deck, completing a minor kitchen remodel, adding fiber-cement siding, and replacing an entry door bring the highest returns, ranging from 121.1 to 195.3 percent return on investment. San Francisco is closest behind with 10 projects generating at least a full return on investment. Adding a master suite, doing a minor kitchen remodel, and replacing an entry door have the biggest returns, producing between 112.2 and 119.1 percent return on investment.

One surprise: Despite the common perception that contractors are hungry for work and therefore willing to wheel and deal, the average national cost of every project surveyed has gone up, though at a slower rate than in the previous year.

View 2009-10 Cost Vs. Value Report. Data courtesy of Remodeling Magazine

10 Big-Impact, Low-Cost Remodeling Projects

Working with sellers who have some—but not unlimited—cash for upgrades? Here are budget-minded enhancements you can suggest to make their home stand out.

1. Tidy up kitchen cabinets.

“Potential buyers do open kitchen cabinets and look inside,” says Morrissey. “Home owners can add rollout organizing trays so when buyers peek in, they feel like there’s lots of room for their stuff.”

2. Add or replace tile.

“By retiling very inexpensively, you make a room look way cleaner that it was,” says Javier Zuluaga, owner of Home Repairs and Remodeling LLC in Tempe, Ariz. “Every city has stores that offer $1 to $2 tile, so home owners have to pay only for the low-cost tile and labor to replace a dated backsplash or add a new one. We also use inexpensive tile to upgrade bathrooms.”

3. Add a breakfast bar.

When a wall separates a kitchen from a family room, suggest cutting out an opening to create a breakfast bar. “In one home, there was a cutout in the wall between the kitchen and living room,” explains Matthew Quinn, a sales associate at Quinn’s Realty & Estate Services in Falls Church, Va., who handles estate and real estate sales for family members whose loved ones have passed away. “We left the structure of the cutout, added an oversized granite breakfast bar, and put chairs in front of it. That cost about $600.”

4. Install granite tile instead of a slab.

“Everybody is hot for granite kitchen countertops, but that can be a $5,000 upgrade,” says John Wilder, a general contractor and owner of Fence and Deck Doctor in New Castle, Ind. “Instead, home owners can put in 12-inch granite tiles for about $300 in materials and get very high impact for little money.”

5. Freshen up a bathroom without retiling.

“With a dated bathroom, I recommend putting in a new medicine cabinet for $100 to $150, light fixtures for about $100, a faucet for $50 to $75, and a vanity for $200 to $300,” says Wilder. “And instead of replacing the tile, the existing grout can be lightly scraped and regrouted, which leaves a haze that can be buffed out and will make the tile look brand new. Also install glass shower doors. A French door adds a lot of panache and elegance for $250, and people will notice the door, not the tile. With all that, you’ve done a bathroom remodel for $1,000 to $2,000.”

6. Freshen up the basement.

“If home owners have cement block or poured concrete walls in the basement, suggest they have a contractor fill in cracks with hydraulic cement and then paint with waterproofing paint,” recommends Wilder. “They can then add a top coat to add color. They can also paint the basement floor with a good floor paint, which spiffs it up. The basement may not be finished, but it’s no longer a damp dungeon.”

7. Add a room.

Look for large spaces that can be enclosed to create a new bedroom for just the price of creating a wall. “One time, we closed off a half-wall to an office and added a door to the other side of the room, thus creating another bedroom,” says Quinn. “That $400 procedure, which took a contractor one day, netted about $40,000 in the sales price.” Zuluaga has also added bedrooms inexpensively. “In a two-bedroom house, there was an archway that led to a third room that was used as a den,” he explains. “It had a dry bar where there would have been a closet, so we took out the dry bar and created a closet so the owners had a third bedroom.”

8. Spruce up cabinet fronts.

Suggest home owners update tired-looking kitchen cabinets. Reconditioning is the least expensive move for under $1,000. “If the wood is starting to look shabby from use or contaminants in the air, we take out the nicks and scratches, recondition it with oil, and put new hardware on,” explains Heidi Morrissey, vice president of marketing and sales at Kitchen Tune-Up in Aberdeen, S.D. For $1,500 to $4,000, owners can replace the cabinet doors and drawer fronts, and for $4,000 to $12,000, they can have all the cabinets refaced. “With refacing, owners can change the color of the cabinets by replacing the door and having a new skin put on the boxes,” says Morrissey. “If they have oak cabinets today, they can have cherry the next day.”

9. Replace light fixtures.

“In a foyer and in bathrooms and kitchens,” says Wilder, “replacing overhead light fixtures provides a lot of pop for a little money.” If the kitchen has track lighting, Zuluaga suggests the home owner spend $450 to $600 to have an electrician replace it with recessed canned lights on a dimmer switch to add ambience. For about $700, Zuluaga also suggests installing pendant lights over a kitchen island or peninsula.

10. Tech-up the garage.

“Sometimes we replace the garage door opener with a remote touchpad entry system,” says Zuluaga. “That costs about $425 and makes it look like a high-end system.”

Download a PDF version of these 10 big-impact, low-cost ideas.

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G.M. Filisko is a freelance writer for REALTOR® magazine. You can contact magazine staff at narpubs@realtors.org.

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Pricing your home in todays market (part 2)

bradkoenig — Tue, 27 Oct 2009 20:41:19 +0000

Pricing your home in todays market (part 2)

When you search homes for sale, you will always see homes listed at $149,900 or $249,900. Why is that? Do you think the home is a deal because it is priced below $150,000 or $250,000?

I am guilty of this myself. In the past I would price homes with this strategy or at an odd price like $148,874 to make it stand out.

I started to think like a buyer and I just recently started pricing homes at an even number. For example $150,000. When do buyers search for homes under $149,900? I am going to guess never. They put in an even number. Some websites only allow you to search by a predetermined drop down box. Buyers may also put in a minimum price range when they search. (Homes between $150,000-$200,000)

So if you price your listing at $149,900 and a buyer puts in a max of $150,000 your listing will show up in the search. It will also show up if you price it at $150,000.

However if a buyer searches between $150,000 and $200,000 your listing at $149,900 will not show up in their search. If you price it at $150,000 it will show up in a buyers search.

Are you curious on the value of your home? Go to www.YourLocalHomeValue.com fill out some information about your home. Then you will be sent a computer generated report for your area. (sorry south central/Milwaukee wisconsin area only)

Here is the first blog post on pricing
http ://mywisconsinrealestateblog.com/channels/home_selling/topics/pricing_your_home_in_todays_market

Brad Koenig
www.YourLocalHomeTeam.com
First Weber Realtors
262-719-7393

Pricing your home in todays market

bradkoenig — Tue, 20 Oct 2009 20:43:08 +0000

There are numerous ways to price your home in today’s market. The most popular is the appraisal method. With this method you find 3-6 properties similar to your home that have sold in the last 1-3 months. Some appraisers will go back 3-6 months if they need to. This is a good way to solidify a purchase price. However this is past data.

If you are looking to be competitive and sell in today’smarket you have to look at another option. Put your self in the position of the buyer and look at active listings. How can you compete against the homes that are already on the market. Number one is price but you can also other features that make you more appealing. How much is that worth to a buyer? Remember don’t go overboard. Buyers are savvy and will always look at price.

Lets take a look a the two examples. Lets say you have a average 3 bedroom 2 bath ranch in a good size subdivision. If you find 3 properties identical to your home and they all sold within the last 3 months with an average sale price of $245,000. You could list the home for $249,900 and expect offer in the $245,000 price range. Would you agree? There is no guarantee your home will sell for this.

With my method we take active listings. We are still looking at the same 3 sold comps but we are competing against 6 other homes that are on the market from $235,000-$245,000. If you list at the $249,900 you are chasing the market and will only help sell your neighbors home. I am sure they will thank you for that.

If we price the home at the $235,000 we are now leading the market and your neighbor will help sell your home in a quicker time frame. Then you can go thank them.

View an example here.

This is just an estimation. If you are looking to sell you really need to have an experienced agent come through your home.

Brad Koenig
www.YourLocalHomeTeam.com
262-719-7393