Sales and Active Listings for the past 6 months for Yavapai Hills

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Yavapai Hills Real Estate Summary for past 6 months:

Active Listings 27

Average List Price $458,819

Average Days on the market 115

Sold in past 6 months 32

Average Sold Price $351,500

Average Days on the market 82

To get the stats for another subdivision Call the Experts at the Lori Shaw Group

928-420-3013 or check out all listings at http://weknowprescott.com/

Get your Real Estate License in Prescott

We have teamed up with Renewal Education in Phoenix to offer computer based New Agent and Broker licensing.

Our school has graduated over 300 students so far & is located in the HomeSmart Fine Homes and Land office situated at 140 N Montezuma Street, Suite 201 in downtown Prescott Arizona.

Prescott Arizona – Everyone’s Hometown

The Beautiful Central Highlands of Arizona

Here in the cool highlands of central Arizona awaits an experience that can become yours for a lifetime. Yavapai Hills has been master-planned and engineered to preserve the natural beauty of the land. Its paved roads curve gently around pinion pine and juniper. Comfortable suburban living is combined with all the facilities and conveniences of urban living.

Beautiful Central Highlands

Prescott, Arizona

Voted one of the top places to retire in the US, Prescott lies in a mountainous section of west central Arizona surrounded by 1.2 million acres of the Prescott National Forest. Prescott’s mile high elevation assures clean clear air and an ideal year round climate. The average daytime temperature is 70 degrees, with the summer daytime average reaching 89 degrees and the winter daytime average reaching 52 degrees. Prescott combines the charm of Arizona’s historic past with modern schools, shopping, medical facilities and community programs.

whiskey-row--prescott-saija-lehtonenThe hub of many cultural activities, Prescott is home to five museums, four art galleries and the dramatic offerings of Yavapai College and Prescott Fine Art Association. In addition, the city offers acres of parks providing such activities as tennis, softball and golf.

 

Cathedral Glow

More About Prescott, AZ

Things to do in Prescott

City of Prescott Trails System

See Homes for Sale in the Prescott Area

Surrounding Region

Distance to Phoenix: 100 miles
Distance to Tucson: 215 miles
Distance to Las Vegas: 250 miles
Distance to Los Angeles: 390 miles
Distance to Flagstaff: 90 miles
Distance to the Grand Canyon: 120 Miles
Distance to San Diego: 395 Miles

The Ranch at Prescott Homes from $350,000 to 1 Million Plus!

The Ranch at Prescott, surrounded by the Prescott National Forest, is a planned community three miles east of downtown Prescott. The site of the former Bullwhacker Ranch, the approximately 1000 acres allow for large, spacious homesites, many with breathtaking, panoramic views …over 1,100. The natural beauty of The Ranch is maintained and protected by the Homeowner’s Association, operated by the homeowners. Tennis courts, walking paths and other common areas are added benefits of living in this prestigious community of distinctive custom homes.

Very convenient location to shopping (Gateway Mall, Costco & Trader Joes), golf courses, local lakes and hiking.

Visit www.WeKnowPrescott.com  to see all active listings along with valuable Buyer and Seller information.

The Lori Shaw Group 928-420-3013 will give you the valuable local knowledge you need to make a smart purchase on any homes in the greater Prescott Area. Lori is an Associate Broker with HomeSmart Fine Homes and Land and has over 23 years of experience.

Buyers check these 14 items out very carefully when placing an offer to purchase!

When looking for a home to buy, it pays to be aware of common problems found in many homes. Once you make the purchase, you take over responsibility for all of the existing issues in the home. Keep an eye out for these issues so you can adjust your offer accordingly, or move on to another property that is relatively problem-free.

If you are a perspective home seller reading this please make mental note of these common home sale issues so you can be well prepared to identify and address them before you put your home up for sale. You will be glad you did!

1. Roof Problems

The roof is one of the most important components of the home. A damaged or poorly maintained roof can lead to serious problems, including water damage. Major roof repairs can be expensive, and should definitely be factored into the price of the home if they exist. The roof is an area that most buyers will not compromise on. Keep in mind however that when you have a home inspection and your inspector tells you that there are only a few years of expected life in the roof, you shouldn’t expect the seller to replace it. Most sellers are not going to replace a roof when there are years of life left before issues arise.

2. Old Appliances

Appliances are built to last only so long, especially if they are not regularly maintained. The cost of replacing appliances can be substantial and should be considered. Granted, higher quality appliances last longer. It is worthwhile to do some research on the year, brand and model of the major appliances in a property to get a clear picture of what you are purchasing.

3. Handrails

This may seem minor, but functional handrails are necessary on staircases and along balconies for safety. Test all of the handrails in a home, and ensure that all appropriate areas have handrails before buying. One of the common trouble spots is on decks. This becomes especially important when the deck is elevated off of the ground where someone could get seriously hurt if falling from a greater height.

4. Storm Damage

Each area of the country experiences extreme weather – weather that can do serious damage to a home. From hurricanes to hail storms, these weather events can damage roofs, siding and even foundations in the event of flooding. Hail storms can be very destructive without a home owner even realizing it. A few years ago in Hopkinton Massachusetts, over a third of the homes in town received new roofs because of a vicious hail storm.

This is something that most good homeowners insurance policies will cover. Unfortunately there were also a number of people in Hopkinton who did not even think to check that they had hail damage. Upon selling their home, the buyer would get a home inspection and that’s when they found out they had damage. For many of these home sellers it was too late to file a claim. The tough part of hail damage is that it is not often visible to the naked eye. A good home inspector will be able to spot hail damage by getting up on the roof or possibly by using high-powered binoculars.

5. Rotten Wood

Even modern, pressure-treated wood will break down under the elements eventually. Look for rotten wood around the base of the home, along the roof and anywhere else where moisture may have been an issue. Some of the most common areas you will find wood rot on a home are on the window sills.

While rotted window sills can be found on any age home, there has been a prevalence of it in homes that were built in the 80’s and 90’s due to lesser-quality, finger-jointed woodwork. Finger-jointed materials, if not constantly painted, will rot a lot more quickly due to water penetration and just an overall lack of quality.

6. Cooling or Heating Systems

Temperature control systems wear out over time, and they can be expensive to replace. Check on the age, integrity and maintenance schedule of any heating or cooling system present in the home. Newer models are notably more efficient, making them a much better deal in the long run.

One of the most important things you can do as a home buyer is to check the current owners’ upkeep of these items. It is certainly possible a well-maintained boiler can last thirty years or more. It is just as easy for that same boiler to last half as long if not maintained yearly with regular servicing.

7. Environmental Issues

Environmental regulations become increasingly strict as time goes on. This is good for buyers of new homes, but it does not necessarily protect you if you are purchasing an older home. Radon, lead-based paint, mold and asbestos are all health concerns.

Be aware of the dangers of these materials and verify  whether they are present in each property. If the home is serviced by a well (as opposed to public water), it is also a good idea to get that tested too. Often times standard well tests will only do a limited screening for such things as iron, copper, manganese, etc. You will want to make sure you also test for more dangerous compounds such as arsenic, mercury and lead.

8. Poor Drainage

Water damage is a risk in areas with poor drainage. Verify that each home you consider has adequate drainage to deal with area rainfall. Because water damage can lead to expensive repair work and mold infestation, you need to ensure that drainage is sufficient on any property you purchase. This is one issue as a home seller not to mess with. There is nothing that will kill a real estate sale quicker than a water issue. Buyers do not want to even think about having a water problem with their home.

9. Electrical Safety Concerns

Older homes may not have electrical systems up to current codes. Things like ground fault breaker outlets in bathrooms and kitchens, as well as grounded outlets throughout the house are necessary for a safe living environment, especially when you consider the current electrical load people put on their homes with new appliances and electronics. In older homes look out for knob and tube wiring.

Most lenders will not provide a loan and most insurance companies will not ensure a home with knob and tube wiring. Eliminating a huge chunk of the buyer pool is not going to help you get top dollar for your home. This is an issue you would want to address before listing your home for sale.

10. Roof Water Control

Gutters may seem like a minor part of a home, but they do a very important job in keeping your house free from water intrusion. Clogged or poorly maintained gutters can leave your home exposed to water and the mold that comes along with it. Sellers that have plants growing in their gutters bring negative attention to their homes. It looks like you could care less about the upkeep of your property and makes buyers look more closely at other potential problems.

11. Plumbing Problems

Plumbing may be hidden from site in homes, but it is a large part of what makes the modern home livable and comfortable. Older homes with older pipes can present problems, though. Make sure your potential home has plumbing that works, and no serious plumbing issues right around the corner. Things like tree root growth can quickly stop up your plumbing and may be a problem with older pipes.

12. Bad Insulation

Modern insulation is excellent at keeping the temperature in your home comfortable. However, some home builders, especially in older homes, did not always insulate adequately. If you view a home in summer, you may be surprised come winter when the house will just not hold heat. Have someone who knows verify that the home has good insulation before you buy. It is common for older homes to not have nearly the same energy efficiency due to lack of insulation in walls and sometimes in the attic as well.

13. Poor Ventilation

A home that does not allow airflow is at risk of developing mold problems, a nightmare for any homeowner. Verify that the home you are looking at allows airflow throughout the house, including the attic. It may be impossible to achieve perfect airflow in every room, especially basements, but the home should allow airflow through most rooms of the house.

One of the most notable home imperfections is a bathroom vent dumping into the attic and not out through the roof. While a bathroom being vented through the roof is now code in most states, this was not the case until recently. It is very common to see homes that have venting leading into the attic, creating the perfect environment for moisture and mold growth.

14. Foreclosed Homes

Foreclosures may initially present an excellent deal, but they also present certain risks. Sometimes earlier owners will do serious damage to such homes before exiting the property. This can include anything from stripping copper piping to tearing out cabinets or other valuable fixtures.

Always look over the property before getting your hopes up, because sometimes you do get what you pay for. When real estate deals seem to good to be true they usually are! Keep in mind when you purchase a foreclosed home the lender who now owns the home generally will know very little about the previous owners’ upkeep and maintenance.

The Help of Someone Who Knows

If these 14 things seem like a lot to keep track of, it is because they are. This is why the help of an experienced professional real estate agent can prove so valuable. They look for such things as a matter of course. However, if you choose to go it alone, make sure to download a home viewing checklist to make sure you cover all of your bases before making an offer.

These are all common items that can certainly be discovered at a home inspection by a qualified home inspector. As a buyer, you should be making mental notes of these items before hand so you can make an offer and budget accordingly. When you are mentally prepared for these types of issues when purchasing real estate, there will be a lot less stress involved with your transaction should one or more of these problems crop up. Don’t lose your cool when you find a problem. Take it slow and do the necessary research to resolve the problem by speaking with a few reputable contractors and getting necessary estimates for repair.

HomeSmart is the fastest growing Franchise

HomeSmart International opened an 800 agent franchise in Denver, Colorado. The nationwide company based in Phoenix, Arizona recently began franchising by offering one of the most attractive business models in the real estate industry, with a focus on increasing their level of realtor knowledge and attentiveness to customer service.
Since opening in January 2000, HomeSmart has had tremendous success by growing to over 6,500 agents. Such unparalleled growth has catapulted HomeSmart to rank as the largest real estate brokerage in the Southwestern United States and among the top five brokerages in the country based on the number of agents.
Denver franchise owner Brad Smith has more than 30 years in the real estate business. Smith felt that affiliating his concept, Home Real Estate, with HomeSmart International was the best way to take his business to the next level. The franchise operates as HomeSmart Realty Group and has offices in Centennial, Lakewood and Westminster.
“Following an extensive international search to provide our agents with the right tools, technology and support systems they need, we are proud to say our partnership in franchising with HomeSmart International delivers just that and more to our agents,” said Brad Smith, franchise owner of HomeSmart Realty Group. “Our agents and their customers will truly benefit with this Smart move!”
HomeSmart emphasizes the importance of being aware of client needs and exceeding their expectations, which in turn builds strong relationships with the buyers and sellers in every market. HomeSmart’s proprietary software also puts its franchise partners ahead of the curve. Created by Founder and Chairman Matt Widdows and his development team, the reputable systems are proven to save business owners huge costs attributed to web hosting, lead generation and back office systems. This allows the franchise owners to provide the technology to their agents for free while allowing them to keep 100 percent of their commissions. Other advantages to HomeSmart’s franchise program include a virtual receptionist, generous fee structure, and a full suite of branding and marketing products.
“It is with great excitement that we announce the move to join forces with Home Real Estate, Brad Smith and over 800 tremendous agents servicing clients in the Greater Denver area,” said HomeSmart International CEO and President Chuck Lemire. “HomeSmart has built its reputation on exceptional customer service with our unique franchise package that gives our brokers and agents a competitive advantage in this industry.”
Earlier this year, HomeSmart launched a number of franchises in California, Arizona, Utah and now Colorado, and will soon be operating in six states. The brokerage also has international operations in Beijing, China. Their goal is to open franchises in the top metropolitan cities across the United States.

Are You Really Ready for Home Ownership?

5 Signs It’s Time

You think that you’re ready to buy a home, but how can you be sure? The thought of owning a home is an exciting one, yet not everyone is ready. If you’ve been considering purchasing your first house, here are five signs that you’re ready to take the plunge into home ownership:
1. You Stick to a Budget
Financial experts will tell you that creating and sticking to a budget is a sign of financial maturity. With the over 1.5 million foreclosures in the United States, it’s easy to understand why this is so important. If you have already created a budget and have stuck to it, you’re more ready than the next guy to own your own home. When you follow a budget, you know exactly where your money is going each month. When you know where your money is going, you know whether or not you can afford a home of your own.
2. You Have a Down Payment
The old rule of thumb still stands: Enough money should be saved for a 20 percent down payment on a house. When you put 20 percent down on a home, you immediately have equity built into the property and you negate the necessity of private mortgage insurance. Even with a 20 percent down payment, you should still stay away from home’s that are out of your realistic price range. If you’ve budgeted for a $150,000 house, having 20 percent to put down doesn’t mean that you should look for an $180,000 home.
3. Your Income is Stable
Finding a stable job can be tough to do in today’s economy, but if you have a stable source of income, you can feel relatively safe making an investment in a home. If you are reliably employed, don’t forget to factor in any life-changes that may crop up in the near or distant future. Do you plan to go back to school? Are you going to start a family? Budget for the home you can afford five years from now, not the one you can afford today.
4. Your Credit Score is High
The higher your credit score, the better your interest rate will be. The better your credit score, the more likely you are to be accepted for a loan. If your credit is in excellent shape, you’re ready to buy a home. If, on the other hand, your credit needs some work, whip it into shape before you being the home-buying process. Before you buy a house, your debts should be paid off, any collections accounts should be closed satisfactorily, and your credit score should be in the 700’s.