EVERYTHING WILLIAMSBURG!

 

This post was inspired by Richard Smith. This one is for you, Richard!!

 

  How do I price home  my home to sell?  Good question! Do you want it to sell sooner or later?  I bet you'll say sooner! In that case, pricing your home correctly is critical to the end result that you desire.  Read on to find out more...

FIRST, NEVER, NEVER select your REALTOR® based on the list price they recommend.  Although, a higher list price could result in a higher net to you, just the opposite may oocur and often happens.  You have an overpriced listing.  It is far more important to select a REALTOR® who is will tell you the truth, even when it's not what you want to hear.  Choose your REALTOR® based on their expertise and their specific marketing strategy for your home.

SECONDLY, You need to look through the eyes of a prospective buyer.  What homes will they be looking at in addition to yours?  How does your home compare (Price, Condition, Size) to the others. Your REALTOR® will help you establish a price range to position your property to sell.  How fast you need to see as well as condition of your home will be KEY factors in narrowing this price range.

NEXT you'll need to analyze the effects of appraised value.  What does that mean?  It means that 90+% of all buyers get mortgages, most purchases are subject to an appraisal.  Because appraisers appraoch value from a different perspective, it can often result in a different price.  They  look at closed sales within the past 6 months to determine value.

KEY things to REMEMBER:                  

              1.  VALUE is determined by what a buyer gets OUT of a product...not what an owner has in it.

              2.  Surrounding property values influence the selling price of your property.

              3.  Prices in a real estate market rise and fall over time.

To sum it all up, one can safely say that your home is worth what a buyer in today's market is willing to pay for it.  Much like shopping for a car, home buyers make their choices based on comparisons to similiar homes.  That is why pricing your home is the SINGLE MOST IMPORTANT decision you will make in marketing it and ultimately selling it!!                                                             

If you have questions about selling your home in Williamsburg, VA, call Yvette Smith, Williamsburg's Preferred REALTOR®

Yvette Smith, SRES® REALTOR®
Williamsburg Real Estate Blog
757-753-7472 Direct line
757-645-2155 Office
757-240-5674 Fax
5350 Discovery Park Blvd
Williamsburg, VA  23188 
YvetteSmith@lizmoore.com

 

Most people would say, "Helps people buy and sell houses."  That's merely a job.  The reward comes from being good neighbors and good citizens.

"Our members do so much more than help buy and sell homes."  They recently helped paint a home in conjunction with Housing Partnerships.  In addition, two recent fund-raising events show that our members care for and about the community, " says Linda Linsman, CEO of the Williamsburg Area Association of REALTORS® (WAAR).

Supporting worthwhile causes is one way that Realtors® can and do give back to the community that supports us by giving us the opportunity to serve them with their real estate needs.  Proceeds from the 10th annual golf tournament, held earlier this month at the Golden Horeshoe Course, were donated to FISH, The American Cancer Society  and Housing Partnerships.  

Other causes supported by local Realtors® and WAAR affiliates through their Community are local Volunteer Fire Departments, The American Heart Association, Make a Wish Foundation, the Salvation Army, the Angetl Tree Program, and Child Development Resources.  "All of these projects and involvements are in addition to what our members do though their individual companies' charitable programs.  That's why we say-REALTORS® are REAL people making a REAL difference!" 

Taken from Williamsburg Area Association of Realtors®

Call Yvette Smith, Williamsburg's Preferred Realtor®, for your Real Estate needs.  757-753-7472

 

Sentara received the PARTNER RECOGNITION AWARD last month at Practice Greenhealth Environmental Excellence Awards in Pittsburgh. The awards are give to facilities that are working to eliminate mercury from healthcare centers, prevent pollution and minimize waste.

The hospital has removed 41 pounds of mercury. The EPA recognized this hospital for its mercury removal efforts. From November 2007 to April 2008 the hospital recycled 65,000 pounds of materials.

Sentara Williamsburg Regional Medical Center has been recycling paper, bottles, cans, light bulbs and batteries. They've even been recycling cooking oils & certain chemicals used in the laboratory. The hospital has switched from gasolined operated golf carts to get around the grounds to battery powered golf carts. Way to help save the earth!!

Thinking about moving? Why not WILLIAMSBURG, VA? Call Yvette Smith, WILLIAMSBURG'S PREFERRED REALTOR®, for the best Real Estate experience!

I look forward to hearing from you soon!

 

Yvette Smith, SRES® REALTOR®
www.AtHomeInWilliamsburg.com
757-753-7472 Direct line
757-645-2155 Office
757-240-5674 Fax
5350 Discovery Park Blvd
Williamsburg, VA 23188
YvetteSmith@lizmoore.com

 

 

 

 

Father's Day was my first visit to COLONIAL DOWNS.  I've always seen it from the interstate, but never ventured off my route.  I decided to take my husband for Father's Day.  

We're not gambling folk, but we decided to take a chance on Magic Boots.  Well, here she is...No she didn't come in first, but a very strong LAST!!  There's a whole lot to betting, it was way over our heads.  That was 2 bucks not well spent, but it sure was fun...hootin' & hollerin' for our horse to win!!  But, nonetheless it was a great time.  

They had a salute to military fathers, which I'm partial to since my husband is active duty ARMY, HOOOAH!! They gave free COLONIAL DOWNS baseball caps to all the fathers and had drawings for recliners (which we also did not win!).  They had a clown (& his wife) doing tricks and face painting for the little ones.

There was food & my favorite Funnel Cake.  We sat outside.  It was a nice day, not too hot.  The tables outside have umbrellas.  You can also sit in the Box Seats section,VIP Grandstand seating,  Jockey Club, or Turf Club.  

This is definitely a great outing for the entire family while vacationing in WILLIAMSBURG, VA.  Or, if you're looking to relocate call, Yvette Smith, WILLIAMSBURG'S PREFERRED REALTOR® for information about homes for sale in WILLIAMBURG, VA.

I look forward to hearing from you soon!

Yvette Smith, SRES® REALTOR®
www.AtHomeInWilliamsburg.com
757-753-7472 Direct line
757-645-2155 Office
757-240-5674 Fax
5350 Discovery Park Blvd
Williamsburg, VA  23188 
YvetteSmith@lizmoore.com

 

 

 DON'T FORGET...Get your tickets now for..  VIRGINIA DERBY!!  7/19/08

 

Sold Market Analysis
for Williamsburg Virginia

This Year:  5/1/2008 to 6/10/2008
Last Year:  5/1/2007 to 6/10/2007

 

Residential
	Total Active			Days on Market			Number Sold			Sold Volume			Average Sale Price			Percent of List			Days on Market			Days to Close
Area	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT	Last Year	This Year	PCT
James City County	1219	1200	-1	256	173	-32	146	88	-39	53,187,138	33,908,967	-36	364,295	385,329	+5	98	98	-0	96	126	+31	137	199	+45
City of Williamsburg	135	141	+4	241	158	-34	14	14	0	5,325,799	4,548,899	-14	380,414	324,921	-14	98	97	-1	95	161	+69	127	196	+54
York	229	146	-36	175	111	-36	40	22	-45	14,218,576	7,019,800	-50	355,464	319,082	-10	98	98	-0	63	61	-3	132	97	-26
Residential Totals:	1583	1487	-6	1406	1533	+9	200	124	-38	72,731,513	45,477,666	-37	366,724	343,111	-6	98	98	0	0	0	0	0	0	0
Grand Totals	1,583	1,487	-6	243	165	-32	200	124	-38	72,731,513	45,477,666	-37	363,657	366,755	+1	97	97	0	89	119	+33	135	181	+34

 

 

 

It is still a good time to make a home purchase in Williamsburg!  At this time last year, there were 200 homes sold and this year, there have been 124 homes sold.  That's a 38% decrease in the number sold.  If you compare that to the national average, Williamsburg is still holding strong.  

Yvette Smith, SRES®REALTOR®
Williamsburg's Preferred Realtor®
757-753-7472
Liz Moore and Associates
5350 Discovery Park BLVD
Williamsburg, Virginia 23188


Call me for a tour of homes that you qualify for.

Prepared by Williamsburg Multiple Listing Service on today Tuesday, June 10, 2008 10:03 AM

The following demographics are for Williamsburg VA. Williamsburg is comprised of the City of Williamsburg, James City County and Upper York County. These stats are for James City County and the City of Williamsburg (23188).

Age
	Male			Female			Both
	% of Males	% of All		% of Females	% of All		% of All
0-9 years:	13.4%	6.5%		11.5%	6%		12.4%
10-19 years:	13.8%	6.7%		12.2%	6.3%		13%
20-29 years:	10.6%	5.1%		10.8%	5.6%		10.7%
30-39 years:	14.4%	6.9%		15%	7.8%		14.7%
40-49 years:	15.3%	7.4%		16%	8.3%		15.7%
50-59 years:	13%	6.3%		13.6%	7.1%		13.3%
60-69 years:	10.3%	5%		10.1%	5.2%		10.2%
70-79 years:	7.3%	3.5%		7.5%	3.9%		7.4%
80+ years:	1.9%	0.9%		3.2%	1.7%		2.6%
All Ages:	Male:	48.3%		Female:	51.7%
Median Ages:	38.6 yrs.			40.3 yrs.			39.5 yrs.

The following demographics are for Williamsburg, VA Upper York County (23185)

Age
	Male			Female			Both
	% of Males	% of All		% of Females	% of All		% of All
0-9 years:	10.8%	5.2%		10.3%	5.4%		10.5%
10-19 years:	13.9%	6.6%		12.6%	6.6%		13.2%
20-29 years:	13.1%	6.2%		12.3%	6.4%		12.7%
30-39 years:	12.9%	6.2%		12.3%	6.4%		12.6%
40-49 years:	15.1%	7.2%		14.8%	7.7%		14.9%
50-59 years:	12.6%	6%		12.6%	6.6%		12.6%
60-69 years:	10.6%	5%		10.6%	5.6%		10.6%
70-79 years:	7.5%	3.6%		8.7%	4.5%		8.1%
80+ years:	3.4%	1.6%		5.9%	3.1%		4.7%
All Ages:	Male:	47.6%		Female:	52.4%
Median Ages:	39.5 yrs.			41.5 yrs.			40.6 yrs.

In Williamsburg, in its entirety, it looks as though the 40-49 year age group is the largest of the Williamsburg population. Williamsburg is known for being a great place to retire, but it appears that it is quickly becoming a sweet spot for middle aged people as well.

Brought to you courtesy of Yvette Smith, Williamsburg’s Preferred Realtor® For all of your Real Estate needs, call me! 757-753-7472