Current Brevard County Real Estate News

Jameson Place Condos in Rockledge, FL - Market Update (September 2016)

22 Sep 2016 16:00:05 PD

I received a phone call yesterday from someone asking about Jameson Place condos in Rockledge, Florida.  The caller wanted to know if it was good complex.  Although the caller did not say it I got the impression she had read one of my blogs about homes for sale in Viera and Rockledge, Florida.  The thing she really liked about the complex was the fees were realistic (under $200 a month).   A side note on condo fees:  Like taxes, association fees can change based on the circumstances, needs of complex, reserves, insurance costs, etc.Jameson Place is in Rockledge, not Viera, which means owners do not pay additional Viera planned unit development fees.  But Jameson Place is on the border (literally hundreds of feet) with Viera so people sometimes forget its not Viera.Jameson Place is convenient to major routes US 1 and Interstate 95.   Jameson Place is ideally suited for most commutes whether driving to Orlando, the Kennedy Space Center or Patrick Air Force Base.  With its community pool, playground and nearby parks, Jameson Place offers its residents a comfortable lifestyle at very affordable prices. Association fees are in the $150-$160 per month range. With excellent schools nearby (public and private) as well as parks and medical facilities, Jameson Place deserves consideration if  one is looking to purchase a condo in Viera or Rockledge.What is currently for sale at Jameson Place Condos in Rockledge?Currently there are three units for sale in Jameson Place.   Two of the units are three bedroom two bath properties priced in the $150,000-$160,000 range while the smaller unit is juts under $130,000.  All are standard sales and have been on the market about two weeks.  There are another four standard sale units under contract awaiting closing. , List prices for these units are slightly under current list prices.What has recently sold in Jameson Place in Rockledge, Florida?Over the past six months there have been twenty one properties sold in Jameson Place.   Selling prices ranged from $114,250 to $152,000.  But in a market such as Brevard County, it is what has sold recent that tells the real story.  Since May 1, 2016 all sales except one have been standard sales.More recent sales in Jameson Place (since September 1, 2016) included these two units.  One unit, located at 4116 Meander Place #204, was a two bedroom two bath one car garage unit with 1,230 sq.ft. under air which sold for $139,000 (96% of list)  on 09/06/16.The other unit was a three bedroom two bath one car garage unit  with 1,473 sq.ft. under that sold for $148,500.  Located at 4086 Meander Place # 202, this property was on the market for only twenty five days and sold for 99% of list price.For information on buying or selling a condo in Rockledge, Florida including Jameson Place and the nearby Ventura at Turtle Creek complex, call or text me at 321-693-3850.


How could a house not sell?

22 Sep 2016 14:00:05 PD

The title question is a an open ended question.   There are multiple ways to not sell a home.  In all likelihood the biggest reason no offers come is price.  One of the first questions most sellers wrestle with is determining the selling price.So how does a seller determine the listing price? One answer I heard recently was " I paid this much for it plus I have put this much into it.  Besides, my home is better than all the others in the area so your comps do not do it justice."In an ideal world the above answer would be the ideal answer.     But we do not live in an ideal world.While showing homes not long ago a prospective buyer asked me how much value a pool would add when selling a home.  My response was simply  "not as much as you will pay for the pool.  Install a pool if you're going to use it!"Determining how much your home will sell for is a function of multiple issues and characteristics.  Some of those include...How old is your home?  What is the condition of your home?  Where is your home located?  What are the competing properties?  Has there been any major updating?  What about any major systems issues (roof, AC, electrical and plumbing)?    What are the current market conditions?  Who are your potential buyers?   And a few more depending on the property.How does a seller determine the projected selling price?  Call a local real estate professional and schedule an appointment for a comparative market analysis and consultation.Ultimately, the market will determine the real price. If one hires a knowledgeable local agent and follows their advice as well as cooperates with reasonable showing requests...there is no reason for failure.


Rockledge, Florida Home For Sale --- $169,000

20 Sep 2016 13:53:07 PD

Located at 897 Brunswick Lane in Rockledge, Florida, this three bedroom two bathroom two car garage home is move in ready.   With about 1,338 square feet under air, this well maintained 1977 built three bedroom two bathroom two car garage home is is being offered at $169,000.View the MLS entry for 897 Brunswick Lane, Rockledge (including photos and maps).   The central location in Rockledge's Levitt Park subdivision, makes it easy to get around central Brevard County!  Parks, playgrounds, walking paths, excellent schools (public and private) nearby.   Public transportation easily accessible.Its location near I-95 as well as US 1 make it an excellent location for commuters.  Orlando is only about 45 minutes away, Melbourne about 20 minutes and the beaches are only about 10-12 miles! New Roof in 2015:  The asphalt shingle roof was just installed in September 2015 and both bathrooms have been remodeled.   The garage door and opener are recent as well as the interior doors and exterior paint.The laundry room includes a tub sink as well as a newer washer and dryer which will remain with the house.   Hot water heater new 2016.The fenced back yard offers a patio for your grilling, plenty of space to play in the sun and a covered screened porch when you just need to relax.Also in the back yard you will find what the seller refers to as "The Little House."  Do you need that little extra space for a hobby or home office?  This 192 square foot concrete block trussed roof, air conditioned building offers lots of possibilities!If you are considering buying a home in Rockledge, Florida, call or text me at 321-693-3850.  #movingtoflorida   Search Homes For Sale in Brevard County, Florida..


Condos for Sale - Jameson Place in Rockledge, Florida - September 2016 Update

16 Sep 2016 14:30:08 PD

Jameson Place in Rockledge, Florida offers gated condo living at very affordable prices (although they seem to be rising in 2016).   Located in south Rockledge with easy access to US1 and I-95, Jameson Place is ideally suited for most commutes whether driving to Orlando, the Kennedy Space Center or Patrick Air Force Base.    With its community pool, playground and nearby parks, Jameson Place offers its residents a comfortable lifestyle at very affordable prices. Association fees are in the $150-$160 per month range.What is currently for sale at Jameson Place condos in Rockledge? Currently there are three units for sale in Jameson Place.  List prices range from $139,000 to to $160,000.  All units are three bedrooms two bath with an attached single car garage. There are another four units under contract awaiting closing.   All seven properties are standard (fair market) sales.Over the past six months there have been twenty one units sold in Jameson Place. Selling prices ranged from $114,250 to $152,000.  All were standard sales.    Since July 1, 2016 there have been eight units sold in Jameson Place. The most recent sales since September 1 included4116 Meander Place Unit 204 - 2 bedroom 2 bath one car garage with 1,230 sq.ft. under air sold for $139,000.4086 Meander Place Unit 202 - 3 bedroom 2 bath one car garage with 1,473 sq.ft. (largest unit in complex) sold for $148,500.For information on condos for sale in Jameson Place in Rockledge, Florida, call or text me at 321-693-3850.


Selling Your Viera, Florida Home? Have a Pre-Listing Appraisal - On Me!

15 Sep 2016 13:00:12 PD

First of all - pricing is not an exact science.   Still, most sellers I have ran across on listing appointments are so focused on "the price" they often ignore the real stuff that counts.... like marketing, local knowledge, experience, recommendations for preparation, open house, etc!Some sellers are seek to hire a real estate agent who gives them the highest price during the process.  While the price may or may not be supportable, it is this optimism that can lead to disappointment down the road. A routine part of the listing process is having a local real estate agent provide a comparative marketing analysis .    While a comparative market analysis when done properly is a "price right analysis, there are some sellers who want an appraisal done first.   I am offering to cover the cost of a pre-listing appraisal*** for home sellers in Brevard County, Florida who list and sell their home with Waters Realty of Brevard (Gary Waters, listing broker).  The cost of the pre-listing appraisal will be credited to sellers at closing.This is understandable in the current Brevard County, Florida housing market with rising prices.   This may also be understandable when the property has unique characteristics unlike most nearby properties.I have encountered situations where the appraisal done after a contract is in place comes in low.    This is sometimes because appraisals are based on similar sold (already closed) properties and does not reflect properties that are currently under contract (i.e. the current market dynamics).  Sometimes when appraisals are challenged or another appraisal performed the values can be different.   Part of the difference can be attributed to the fact an appraisal is an opinion and not a statement of fact.Will an appraisal on file help sell a house sooner?  Possibly if it is used as a basis for establishing list price.   Of course the appraisal value should be weighted against the current market competition during the listing process. As stated above - pricing is not an exact science. If you are considering selling your Viera, Florida home take a look at these  Twelve Articles to Make you a Seller and Not a "For Sale'r"***If you List, Sell and Close using Gary Waters of Waters Realty of Brevard as your Listing Broker, I will reimburse you for the cost of the appraisal at close of escrow.Image courtesy of Stuart Miles

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Gary Waters


Waters Realty of Brevard LLC

3270 Suntree Blvd #2218
Melbourne  Florida 32940

321-693-3850 (direct)

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