Contact Kiamie Real Estate to evaluate the property value before listing your next property. We use MLS data to explore neighborhood trends and discuss pricing strategies with all of our clients.
The property values is defined by the price a buyer is willing to pay for the piece of real estate.
Other topics that you may find helpful are:
Many homeowners in the Oxford real estate market look to their home as a means to increase their overall net worth. Here, we will discuss several techniques that homeowners can use. Building equity in Oxford real estate market with capital The initial equity in the home will come in the form of the down payment. Increasing the equity in the home will require additional monthly payments to the principle as well as property appreciation. From 2016-2017, property values showed an average appreciation of 1.6% or more. In this way, a home behaves much like a publicly traded [...]
Commercial real estate is enjoying a trend near residential neighborhoods Imagine if the tables at this gourmet restaurant were only 10-20 paces from your front door? A recent study from Daily Real Estate News shows that the suburban neighborhood developments are now preferred to be more walk-able. In these walk-able communities, developers are locating commercial real estate properties in prominent locations alongside residential properties. The result? Neighborhoods with greater walk-ability tend to yield higher resale values than properties that are exclusively residential or commercial. Examples of these types of developments in Oxford is the [...]
Shortage of University of Mississippi housing has lead to more off-campus real estate developments. Homes for sale in Oxford MS are driven by three primary factors. With regard to signs of local market strength, many builders are not able to satisfy the housing demand in Oxford. One of the best indicators for increasing growth is the number of new building permits. See this data indicating less units sold in 2017. You can read more about the Oxford housing market statistics in 2017. 3 factors will continue to increase demand for homes for sale in [...]
Housing Market Data Presented here is housing market data for Oxford buyers, sellers, and property owners. Are you thinking about buying in Oxford, MS in 2017? Start your Oxford, MS residential market and land property search here. At this time, here are some housing market numbers for the greater Oxford area and Lafayette County. During 2016, there were 555 total sales of residential and townhouse/condo combined within Oxford with values ranging from $15,000 - $2,195,000 and an average price of $288,100 with a median price of $229,000. At this time, property values are showing an average growth [...]
Upgrades to your Oxford MS condo before listing As a seller, you need to think about the function of your condo before listing. Selecting upgrades and repairs should focus on making the living space easier, rather than personalize the space. Before you begin, take some time to recognize and avoid these issues when selling your home. Here are some ideas to make your condo show well. Repair the obvious functional flaws. A homeowner will recognize many repairs as obvious fixes. The repairs should be performed by someone reasonably skilled in handyman-type of repairs. These items include, but are [...]
If you’re a Baby Boomer selling a long-time family home, you need to get in the mindset of your not-so-distant youth and think of desirable property traits when you were looking for your first home. Sell your Oxford home by understanding the features Millennials are seeking A grand home with lots of land may not be the best fit for a young, first-time home buyer. Millennials want a smaller space to maintain. As the home is larger, it will require more work to maintain. Young, first-time buyers like the easy life. This will also [...]
Over ten years ago, I met my broker, A.J. Kiamie. He came to see the available for sale next door to my house. Neither one of us were in residential real estate at the time. Yet, I made my first sale. Eager to get a neighbor, I greeted him in the driveway and spoke very highly of the current owner and neighbors, the development, and the house for sale. I also promised to wash his truck if he bought the house. A few weeks later, he moved in the house. Flash forward to now, we run a [...]
A safe bet is real estate investments for the near future. Real estate investments expect to increase for U.S. investors Investors in 2017 and beyond are expected to increase their investments in U.S. markets according to KPMG's 2017 Real Estate Industry Outlook Survey. Real estate fundamentals are regarded as the primary driver of investor interest as well as a growing U.S. economy. Couple this real estate executive optimism with the new U.S. administration's intention to lower taxes and deregulate businesses, there may be a push for increases in new construction and existing home sales [...]
