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Adorable, Cute as a Button House for Sale – Columbia MD 21046

kindler just listedSweet House for Sale – Village of Kings Contrivance – Columbia, Md.  21046

This Adorable Home is filled with charm from the Hardwood Floors, Crown Molding and Wood Burning Stone Fireplace to the gleaming white “eat in” kitchen with Plantation Shutters.

There is a fantastic huge “All Season” Sunroom addition with a little deck off the Kitchen overlooking a picket fenced backyard

Cape Cod Columbia MDThere is a spacious First Floor Master Bedroom with hardwood floors, crown molding and attached Full Bath. Additional 2 Bedrooms with Hardwood Floors and Full Bath are upstairs.

Nestled in a quiet Cul de Sac of the popular Convenient Columbia, Maryland Neighborhood of the Village of Kings Contrivance.  This house is steps from the vast interconnecting hiking, walking, running, biking trails, woods, streams and parks of Howard County.


There are Great Howard County Schools and an abundance of Shopping and Recreation choices!

 

Virtual Tour 7392 Kindler Road, Columbia, Md 21046 – $330,000

Posted by Debbie Cook | Discussion: No Comments »

Tips for the Summer Silver Spring, Takoma Park & DC Home Seller

Sell your home this summerSpring kicks off the peak home hunting months of the year, but it isn’t until summer that things really get cooking. While there are pros and cons to buying and selling homes at various times throughout the year, summer can be, on average 25 to 30 percent more active than the annual average.

In summer you have a real mix of buyers and sellers… some serious and some not-so-serious. In the winter months, many buyers searching for homes would only do so if they absolutely had to. In the summer, there are often a larger number of buyers just toying with the idea. (Many of the serious buyers are eager to get settled before school starts in the fall.)

Selling homes in the summer requires its own brand of seasonal marketing and showing. Here are a few tips you’ll want to keep in mind as you invite buyers to consider your home:

 

  1. Keep it cool, but don’t keep it dark. Your instinct may be to close the blinds and draw the drapes, but making your rooms feel dark and shut-in is counterproductive. Run the A/C and keep the air circulating. While your wallet may not appreciate the bump in your power bill, imagine how expensive it can be to keep the house on the market.

 

  1. Stage it inside and out. Have a pool deck? What about a garden patio? Make them as inviting as you would the living room or kitchen. Stage them appropriately and tell the story of what it might be like to live with such nice amenities. Think magazine photo shoot!

 

  1. Make the lawn sing. Curb appeal can be king in the summer months, especially when the neighbors’ lawns may be looking a little brown by comparison. Find bright flowers that can withstand the heat and provide a high-contrast to your green grass.

 

  1. Ride the sunset. With the longer daylight hours, you may have buyers who want to check out your home closer to dinner time, once the hottest hours of the afternoon have passed. Try and roll with the disruption… buyers prefer to see a home when the owners aren’t around.

Take advantage of the summer sales activity! I’d be happy to guide you on the buy or sell side of this white hot market . . .

Posted by Debbie Cook | Discussion: No Comments »

Do Homes Expire? Understanding Functional Obsolescence

Can a perfectly useful home “expire”? The answer is yes. If you’ve never heard of “functional obsolescence,” now’s a good time to familiarize yourself with the term.

Sometimes a perfectly nice home in fine shape simply won’t sell. Fresh paint, fine curb appeal, a solid neighborhood… and no offers. Sellers are baffled and irritated. “But I’ve been living in this tv obsoletehome ten years! There’s nothing wrong with it!”

Often the culprit is “functional obsolescence.”

Never heard of it? You’re not alone. Investopedia defines it this way: “A reduction in the usefulness or desirability of an object because of an outdated design feature, usually one that cannot be easily changed. The term is commonly used in real estate, but has a wide application.”

Functional obsolescence can creep up on a home owner, as when a built-in technological feature is no longer useful. Some homes in the 1970s and 80s had old solid-state intercom systems for communicating between rooms. What was cutting edge then is a retro eyesore now. Built-in entertainment center kiosks or furniture are also a good example of this.

Home owners can introduce functional obsolescence with poor renovation choices. Renovations should always be made with an eye on the possibility that a home will be sold down the line, but occasionally an owner will ignore this. Take, for example, the massive kitchen renovation which takes an unreasonable bite out of the living room or a 4 Bedroom House with only 1 Bathroom

Inconveniences an owner has put up with over the years can be classified as functional obsolescence as well. If you have a second floor without bathrooms or a bedroom which must be accessed by walking through another bedroom? That’s a design flaw that can bite you when it’s time to sell.

Neighborhoods can introduce a degree of functional obsolescence as well. When an smaller, older home on a large lot is dwarfed by modern homes with more space, the home itself may lose appeal or value in buyers’ eyes.

Old-ComputerSome other items that render a home functionally obsolete and may be deal breakers:

Posted by Debbie Cook | Discussion: No Comments »

Silver Spring Home Sales Prices – Annual Review 2013

Silver  Spring is a huge unincorporated area of Montgomery County, Maryland with 7 zip codes that use the name “Silver Spring” as a postal address.   Silver Spring spreads way out from the Washington, DC border at Downtown Silver Spring to the east touching Prince Georges County,  Md.,  to the north touching Howard County, Md and to the west/northwest  touching Bethesda,  Rockville,  Kensington and Rock Creek Park in DC and Maryland.

Each of the 7 zip code areas that make up Silver Spring, has it’s own unique characteristics, identity, flavor and housing types.  The zip codes in Silver Spring are:  20901 (4 Corners Area), 20902 (some times called Wheaton),  20903 ( Hillandale and Burnt Mills Areas), 20904 (sometimes called the White Oak or  Colesville  areas),  20905 (Ashton, Spencerville, Cloverly  or Greater Silver Spring areas),  20906 (Aspen Hill, Leisure World) and lastly 20910 (Inside Beltway, Downtown Silver Spring).

2013 Annual Property Sales in Silver Spring, Maryland (All 7 Zip Codes)
According to the Multiple Listing Service – MRIS (Metropolitan Regional Information System):

Highest Condo Sale in Silver Spring 2013
Condominiums

There were 507 Condos Sold in Silver Spring, Maryland in 2013
Lowest Sales Price for a Condo –  $40,000 for a 2 Bedroom, 2 Bath Condominium ( in need of total rehab) in the Bel Pre Condo Development, Silver Spring zip 20906.
Highest Sales Price for a Condo –  $820,000 for a 3 Bedroom, 3 Full Bath, 2 Level Condo in a Newly Restored Historic Arts and Crafts Style Building –  The National Park Seminary – Silver Spring zip 20910.

Search all Condos for Sale in Silver Spring, Maryland

Highest town house sold 2013 in Silver Spring MD
Town Homes

There were 440 Town Houses Sold in Silver Spring in 2013
Lowest Sales Price for a Town House –  $128,000 for a 2 Bedroom 2 Bath Town Home, a Short Sale built in 1984 in the Avonshire Townhome Development, 20904
Highest Sold Price for a Town House –  $675,000 for a 3 Bedroom 3 1/2 Bath Craftsman Style Townhouse with 2 car garage built in 2008 in Forest Glen Park – National Park Seminary Development,  Silver Spring zip 20910

Search all Town Homes for Sale in Silver Spring, Maryland

Highest Sold Single Family House Silver Spring 2013Single Family Homes

There werre 1544 Single Family Detatched Homes Sold in Silver Spring in 2013
Lowest Sales Price for a Single Family House –  $135,000 for a 2 Bedroom, 1 Bath, One Level Brick Ranch Style House built in 1951, a Short Sale House in the Weisman Subdivision, Silver Spring zip 20902
Highest Sales Price for a Single Family House –  $1,065,000 for a 4 Bedroom, 3 1/2 Bath. Turreted  Romantic Queen Anne Victorian Style New Home built in 2012, 3 Levels with 2 Car Garage in Woodside Park, Downtown Silver Spring, zip 20910

Search all Single Family Detached Homes for Sale in Silver Spring, Maryland

Posted by Debbie Cook | Discussion: No Comments »

Homebuyers Tax Credit Extended and Expanded!

The U.S. government recently extended and expanded the homebuyer tax credit.  The $8,000 first-time homebuyer tax credit that was scheduled to expire December 1, 2009, will continue in effect until April 30, 2010. 

In addition, beginning December 1, 2009, many current homeowners will qualify for a $6,500 tax credit if they’ve lived in their current home for a least 5 years and are seeking to relocate.  Plus, the income limits for single buyers and married couples were also raised.

There has never been a better time for you or someone you know to take advantage of this tax credit because hundreds of homes are now priced below market value.  Also, because this program is a tax credit – it does not have to be repaid.

For a detailed comparison of the 2009 tax credit versus the extension, click here.  
 
For FAQ on the tax credit changes, click here.     

Posted by Debbie Cook | Discussion: 1 Comment »

The Silver Spring Real Estate Market’s Crystal Ball

 The Real Estate Market in Silver Spring and Takoma Park continues to pick up momentum. The question is, have we hit bottom and are we heading out of this or is this just a short upswing before the bottom really falls out? 
I wish I had a Crystal Ball but . . . . . “Those that live by the Crystal Ball eat glass”!
   
 
My suggestion right now would be that if you are wanting to buy, jump in now.  You can’t go wrong. If you are selling or need to sell, sell now and price your home to move fast. If this is a short upswing then you don’t want to miss your chance to sell now during an upswing. How long of a window might we have?  This is another question that is begging for a Crystal Ball.  
I would guess that we might see a better market for at least the next 60 days.  The problem longer term could be interest rate increases or the increase in inventory of foreclosed homes. Either of these could have a negative impact. My suggestion is NOT to watch national trends, but focus mostly on what you see taking place in our community. This will certainly give you the best perspective on our market.  

To get your own “Real Time” Market Trend Statistics for any zip code or property type in Silver Spring and or Takoma Park  Check out:   www.SilverSpringStats.com 

Posted by Debbie Cook | Discussion: No Comments »

South Silver Spring – Cool, Hip, Urban and Green

South Silver Spring is triangular shaped and is bounded by Newell Street and Blair Mill Road on the northwest, the B&O Railroad right-of-way on the east and the District of Columbia line on the southwest. The South Silver Spring area is a part of the Silver Spring Central Business District (CBD). It is a combination of small scale commercial buildings and a scattering of high rise office buildings. After years of decay, South Silver Spring is being transformed into an exciting mixed use neighborhood with high tech businesses, arts oriented enterprises, new restaurants and over 1,000 new housing units. The new housing is the result of several large, adaptive re-use projects and several new residential development.

South Silver Spring is the Ultimate Walkable Neighborhood – You can live practically car-free!

Run errands in no time, including a Giant, CVS, dry cleaners.  Shop Organic at nearby Whole Foods Market and a weekly Farmer’s Market (May to October).  Explore more than 100 restaurants, from fine dining to cheap eats – including highly rated favorites Ray’s the Classics, Jackie’s Restaurant, and Ceviche. Take in a movie at the American Film Institute’s Silver Theatre and cultural center.

Bike and hike on the Capital Crescent Trail, the Metropolitan Branch Trail, and the Silver Spring Green Trail.  Work out at Gold’s Gym, Washington Sports Club, LA Fitness, or Curves.

Condominums in South Silver Spring are prized for there accessibility to Metro and their lower price tag as compared to DC.

Check out real estate market reports for condominiums in South Silver Spring:

The Aurora

8045 at Silver Spring Metro

The Silverton

The Mica

The Crescent Condos



Search all Condos for Sale in Silver Spring zip code 20910

Posted by Debbie Cook | Discussion: No Comments »

Silver Spring Real Estate – $8000 Homebuyer Tax Credit

If you are a first time home buyer or have not owned a residence in the past 3 years, now would be a good time to consider buying your first home and there is no better place to buy it than Silver Spring or Takoma Park, Md

Here is a quick guide to how you can apply the tax credit and how it compares to the $7500.00 credit in 2008.

Search for Silver Spring and Takoma Park Real Estate (no registration required – so search to your heart’s content!)

Posted by Debbie Cook | Discussion: No Comments »

South Silver Spring – Newell Street Condos

8045 Newell Street (by Patriot Group) is a five story, 120 unit condominium building.  This building was completed and already Sold out in 2006.
This Building offers a Fun, Funky, Hip and Laid Back Urban Lifestyle, in a Small Intimate “Pet Friendly” Building. Located by Historic Acorn Park in the South Silver Spring neighborhood, the Units have Open Floor Plans with High Ceilings, Washers and Dryers in the Units and either a balcony or sunroom.

SAVE your GAS! and Walk everywhere from this building that has a very high Walkabilty Score.  Walking Distance to Silver Spring Metro/Red Line, Rock Creek Park hiking biking trails and all the ammenities of Downtown Silver Spring.
Thinking about Selling or Buying a Silver Spring Condominium? – Contact  Debbie Cook (301) 587-3528 for your current, No Obligation Market Report on the Silver Spring Condominium Market.

Posted by Debbie Cook | Discussion: No Comments »

More Silver Spring, Md Real Estate Market Reports – Seven Oaks Subdivision and South Silver Spring Condos

Acorn-Gazebo-Postcard         New Real Estate Market Activity Reports


Single Family Homes

Seven Oaks Subdivision – 20910 & 20901

Condominiums in South Silver Spring – 20910
                 
                 Aurora Condominiums
                 
                 The Silverton

                 8045 Newell Street Condos

Luxury Town Houses  Cameron Hill  – 20910

If you are thinking about Selling Your Silver Spring House, Condo or Townhouse – Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Condominium. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Homes Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.
 

Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home

Posted by Debbie Cook | Discussion: 3 Comments »

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