Savannah Ga Sales Statistics

In the last 12 months in Chatham County, 4442 single family homes have sold at an average sales price of $291,090. 4330 single family homes were sold in the previous 12 month period at an average price of $269,459. This is an increase in price of around 8%.

Condo sales actually went down from 370 sold in the previous 12 months to 352 sold in the last 12 month period – a reduction of 18 sales. The average price dropped, also, from 237,741 to 230,980.

There was an increase in townhomes sales from 451 to 516 in these same time periods, with an increase in average price from $258,370 to $268,834. This is 4% increase in price.

In general, Savannah is a good real estate market right now. I went through the 2007-2008 downturn, so I know good markets can stagnate from time to time, but the Savannah market ought to do well over the long run. I’ve lived here since 1996, and I’ve witnessed incredible changes in Savannah, Pooler, Richmond Hill, etc. As more people retire and move from the North East, or people come to find work or transfer, Savannah and the surrounding areas are great choices for many reasons — good weather, beautiful Historic Downtown Savannah, close to the ocean, not too big, not too little, great restaurants, a thriving art community, An ever expanding port/logistics/warehousing industry, great golf, fishing, on and on. I love it here.

 

 

Savannah Buyer Agent

Why buyer agency? For many home buyers, buyer agency is the perfect solution to home buying, especially if the home buyer is unsure about the process or just doesn’t have the time to gather information — also, if the buyer is from out of town, they don’t know the area, and it’s difficult to go from listing agent to listing agent. One buyer’s agent can take care of all the home buyer’s needs.

If you don’t know the difference between a buyer’s agent and a listing agent, see below:

As a buyer’s agent, I will:

I will fully explain the different types of agency in real estate so that you understand representation and fiduciary responsibility.

I will explain, in full, my responsibility to you as a buyer’s agent and show you how my representation will not cost you anything and may save you money.

I will inform you of each area in Savannah regarding appreciation, plans for growth, school systems, etc., and I will not keep negative information from you. I will do my best to help you make a fully informed decision.

I will give you recommendations as to which home inspectors are certified and do good work, which attorneys are experienced in real estate closings, which local lenders give good service at competitive costs, and recommendations regarding other services you may need.

I will absolutely maintain your confidentiality.

I will assist you in the qualification process with lender, if this is needed.

I will gather all your search criteria — size, areas, styles, age, floor plans, etc. — and make a file to begin the home-search process.

I will create an email based home-search program that draws directly from the Multi-List service, and I will also search For Sale By Owners.

I will perform a comparable analysis of any property you are interested in so that we determine if it is at fair market value.

I will disclose all negative information regarding the property.

I will help you negotiate the best price and conditions and prepare the contract if a decision is reached to purchase a particular home; and I will explain all the options the contract offers.

I will explain special stipulation options which will tighten the contract and protect your interests.

I will provide a list of contract requirements and the time-frame in which the requirements must be met.

I will participate in the home inspection process and help you negotiate any repairs that are needed.

I will work with the lender and closing attorney to ensure that the process is going smoothly and that all documents are received in a timely manner.

I will do a walk-through with you before closing to make sure that any needed repairs have been completed in a professional manner and no damage has been done to the home since the contract was written.

I will get a copy of the settlement statement before closing to determine if all the numbers work out according to the contract.

I will attend closing with a file of all signed documents in case a disagreement arises during closing.

 

 

Savannah Georgia Waterfront Homes

 

 

There are many reasons to love Savannah, but one of the main reasons is access to the ocean and the rivers. Some of the most beautiful properties in Savannah are waterfront or marsh view properties.

There are many concerns when considering a waterfront property: Is it deep water? Is it a tidal creek? What size boat can it handle? Does the property have a dock in good repair? A boat hoist? How easy is it to access the ocean? Can a dock be built if there isn’t one?

Deepwater properties are usually the most expensive because you have access to boating at all times, whereas with a tidal creek you are dependent on the tide being in or out. However, a tidal creek may be the best option if you don’t want to pay the high price of deep water property – you just have to time your boating activities according to the shifts in tide.

As far as areas, there are many waterfront options: Wilmington Island, Tybee Island, Talahi Island, Dutch Island, Ilse of Hope, Coffee Bluff, Skidaway Island, just to name a few.

Call 912-429-3431, or email MFarmerRealty@GMail.com for a list of available properties.

 

Here’s What To Prioritize When House Hunting for Accessible Features

Shopping for an accessible home is easier than you might think. With advances in both design and available technologies, there’s no end to the accessible features you might find in your new home. Of course, making modifications is also an option, especially if you start with the right floor plan. Here’s what to prioritize when hunting for a house that’s accessible — or modifiable.

Connect with a Savvy Agent

The first and most important step in your house hunting process is to connect with the real estate agent Mike Farmer. He will be able to take your housing needs into account, and will help guide you through the process of finding the perfect new home.

Consider Your Options

Before you launch this major home hunt, there are a few important points you want to keep in mind. Take stock of your budget so you know exactly what you can afford to spend on a home, and be sure to add a little extra to cover any necessary repairs or modifications. Knowing how much you can afford and what houses typically cost in Savannah (for example, they averaged $235K last month) gives you a starting point as you prepare to shop around for a lender. Once you have these ducks in a row, it’s time to start looking for your new home.

Don’t Focus on Flooring

While plenty of homes feature carpet, fewer prospective homebuyers prefer such flooring. But this shouldn’t be a dealbreaker when you’re shopping for your dream home. Modifying your home by adding wood flooring not only makes it more accessible, but it’s also easier to clean than carpet. Plus, hardwood may increase the value of your property, notes the Spruce.

Look at the Floor Plan

While replacing the floors in a new home may not be a significant project, tearing down walls certainly is. Therefore, you should prioritize the floor plan when shopping for a house.

Wider doorways, for example, to accommodate a person in a wheelchair may be a necessary requirement for your new home. Generally, a 32-inch width is ideal — and it’s the rule for ADA-compliant doorways in businesses, too.

Adequately sized bathrooms are another consideration. After all, you can tear out a bathtub in a day, but expanding the bathroom’s square footage won’t be an easy task. Additions like a curbless shower might cost more than standard shower stalls, explains Plank and Pillow.

With ample room in the floor plan, however, the installation is a bit simpler. The same goes for other aspects of the home, whether the layout involves a fluid kitchen-to-dining transition or a stark lack of narrow hallways.

Lot Size and Layout

Location is everything for many homebuyers, and that includes the lot size and layout. Regardless of the features a home offers inside, if it lies on an uneven lot or up a full flight of stairs, it may not be your dream property. That said, designing an accessible home from the ground up may not be an option for many homebuyers.

In most cases, installing ramps can help with accessibility on an uneven lot or home with stairs (installing a wheelchair-accessible ramp typically costs between $1,000 and $2,800). But winding pathways and ground-level gardens are also inaccessible for many people who use wheelchairs. If the lot allows, you may be able to install a wheelchair-accessible garden and pathways. If not, you may want to continue looking for a property that’s a better fit. After all, removing soil and smoothing the entire yard is costly and time-consuming.

Picture the Potential

While not every house will have the features you need, it pays to keep an open mind. Whatever features the home currently has, know that there may be a modification to make it work.

For example, you could design an accessible kitchen with modular, adjustable countertops and cabinets. Without removing the existing kitchen, you can use modular installations to make counter heights accessible to every family member or provide lower cabinets for easier use.

Checking out other homeowners’ renovations and custom home case studies can also help shed light on reasonable modifications. Ultimately, utility must come first when shopping for or building a new home. So, seeing how others thrive in their modified homes can help you picture yourself in yours.

While it’s not ideal to face renovations on your home as soon as you purchase it, keeping an open mind can help you narrow down the search. Whether you scout out a property that’s perfect as-is or make some strategic changes to an otherwise ideal home, achieving an accessible abode is easier than you may have imagined.

Photo via Pixabay

 

Buyer Agents for Out of Town Buyers

Buyer agency is more important now than ever. It makes sense for a buyer to select one buyer agent who can gather information and take the hassle of buying real estate. It’s too risky with Covid19 to meet with various listing agents and tour homes over and over with different agents. Plus, it’s inefficient. If you don’t have time to waste, and you don’t want to take a chance with covid19, get a buyer agent.

Be careful with larger agencies who mainly list homes — they’ll assign a “buyer agent” to you, but the agency’s goal is to sell their listings. A buyer agent who works as a buyer agent 99% of the time (every once in awhile, I’ll list a home for family or a friend) is going to search the entire market to find the best home for the buyer. Most new agents with larger listing agencies often do buyer agent work to get started, but their goal is to eventually get listings like the company’s top listing agents, then stop the buyer agent work.

Agents in general are taught that listings are where you make the big bucks. I was trained as a buyer agent in a company that was exclusively buyer agent. We did not take listings. That way we didn’t have any conflict of interest. Our clients had our undivided loyalty as a buyer agent with no pressure to sell particular listings.

If you’re looking for quality service, a hassle free buying experience, and the peace of mind knowing someone is working to protect your interests, then give me a call. Mike at 912-429-3431. When you go to court, you don’t use the other side’s attorney, so why use a listing agent, who represents the seller, when buying a home?

Single Story For Rent/Lease in Midtown, Savannah

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•  700 sqft , 1 bath , 2 bdrm single story FOR RENT  USD90 DL . Call for monthly rates

Beautiful cottage in midtown, 5 minutes from downtown, good central location. Renovated, furnished, in very good condition. Short term rental. Could be long term furnished, just ask. Great for executives on short stays, vacationers who can’t afford downtown rates. Good for SCAD students who need something short term. Off street parking. Call for details.

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