Home Equity

Found 6 blog entries about Home Equity.

High density housing is on the rise throughout Salt Lake County and has been for the past 10 years, but what affect has it had on the housing market, like single-family homes? The University of Utah did a study on this subject and found that the increase in high density housing actually increased the value of single-family homes.  The study concluded that Salt Lake County homes that were located within .5miles of new apartment complexes experienced a 10% annual increase in the average value.  This was in comparison to single-family homes located further away from apartment projects. The research also narrowed the findings into four quadrants and found that the most value occurred in "West" Salt Lake Country, which is comprised of Rose Park, West Valley

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This home was built by the same builder and is the same floor plan in Daybreak. Both of these homes were listed in the summer with top real estate agents. However, the result is very different…

HOUSE A

11643-kestrel-rise

Sold for $83,000 less Than House B!!! 4 months on Market. Had an extra Fireplace in Master and 2nd Kitchen in Basement. Same style of flooring and paint as House B.

 HOUSE B

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goBE SOLD by Utah Dave! Sold for $83,000 More than the other listing! Sold in the First Weekend on market. 

When choosing a good Realtor to work with make sure you choose one that has experience and PROOF of RESULTS! Call 801-966-4000 to see more proof.

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Same Builder... Same House... Same Area... Same Time on Market.... VERY DIFFERENT RESULTS

 

THEIRS: (LISTED WITH A DIFFERENT COMPANY: good experienced agent and brokerage)

House 2On the market for almost 2 years!

Ended with a Lease Option for thousands less than ours. 

Fully finished basement with wet bar

Larger yard/ lot

More upgrades in Master Bath

 

 

OURS: LISTED with UTAHDAVE of goBE Realty

Offers within a few days!House 1

Sold for $345k

Only a partially finished basement

Smaller lot than comparable home above

 

 

Utah is a non-disclosure state on sales price. To gain sold data on listings that aren't ours call 801-966-4000.

As you can see in the apple to apple comparison that you see above, the real estate

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A new elementary school in Daybreak's Creekside Village is anticipated to opeCreeksiden in the fall of 2017. Construction begins in the Spring of next year. The school will be located at approximately 10200 S and Kestrel Rise Rd. The Jordan School District is also slated to build a middle school on the same plat of land in coming years. The development of these schools are exciting news for current and future Daybreak residents. Building schools is a step in the right direction for the creation of more walkable neighborhoods within the community.

With South Jordan being ranked as one of the nation's fastest growing cities according to the U.S. Census Bureau, the promise of new schools is not only a convenience but also a necessary response to the growing

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What not to ask when selling your home: "What is my home worth?" or "What will my home appraise for?"  This is not the right way to understand the value of your home. An appraisal is an estimate of value or to put it more simply; one person's opinion of the value of your home. As we all know that opinion is not necessarily fact, it's important to know that there is no such thing as an absolute number that your home is worth

Here's what happened to one seller of mine. The buyer's appraisal of their home came in $70,000 below list price. Yikes! After hiring 3 different appraisers on the same house all 3 came back with very different "opinions" of value. After 2 weeks of convincing the banks, the buyers, and the REALTORS, I was able to sell the home for

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YOUR HOME, one of your greatest financial assets, can also be a source of extra income, with a little creativity. With the slump in home values, people have been thinking outside the box to get a little extra cash from of their home. There are many common ways of getting extra money from your home such as renting out an extra room or selling some of your clutter. But what about using your home exterior for advertising? Offering your home as a location for magazine or film shoots? Or even renting out your driveway? These are some of the creative ways homeowners are pulling extra cash from their home.

Recently a company called Braniacs from Mars offered to make your mortgage payments for you for up to a year! What do you have to do? Fill out the

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