Just listed this down to the studs rehab in Evergreen Historic District: Here's the Flyer:
Down to the studs Rehab. Gleaming hardwoods, new carpet and paint, Knock-out Kitchen with Corian counter tops and stainless steel appliances.
Welcoming, full width, front porch with swing. Huge deck and 2 car garage in Back. You will love the sunroom off the living room, and the family room near the kitchen is great for entertaining. The Master suite up features built-ins, whirlpool, double sinks and separate shower.
Enjoy the many amenities of the Evergreen neighborhood: walk to the Zoo, Snowden School, and Rhodes.
Spring Forward - Fall Back
What is the real value of your house in the Memphis area? By definition the value of a property, be it a house, a car or a horse, is what a willing seller is willing to accept and what an able buyer is willing to pay. The agreed amount of the executed transaction is true value.
That being said, there are resources to approximate true value. We realtors are called upon to provide valuation information when we list a house or represent buyers. You trust us for our expertise in pulling together sales history, market information, competition, neighborhood conditions, and other factors to come up with a reasonable valuation, based on our knowledge in real estate sales.
An appaisal is a formalized declaration of value by a licensed real estate appraiser. But appraisals produce more than just a magic number. Appraisal information is driven by variables such as type of loan applied for, government guidelines, and appraiser knowledge of neighborhood.
The Memphis Area Association of Realtors and Chandler Reports, a private company, maintain separate databases of property information and sales data, that realtors and appraisers draw from.
The Shelby County Tax Assessor's office appraises properties for the purposes of taxation. It is physically impossible to do a full appraisal on all properties in the County every 3 years, so updates to appraisals are based on computer models, and often do not reflect actual comparable sales data. Evidence of the imperfection of the system can be seen in the significant number of property owners who appeal successfuly in having Assessor appraisals changed.
So here we are in 2009, in the domain of web 2.0. We are seeing valuations of local properties from companies no where close to Memphis. Using public and consumer provided information and ever evolving algorithms, companies like Zillow, Trulia, and Cyberhomes are providing valuation information.
It is interesting to compare the valuations provided by these sources. Check your house (or a house you have wondered about) at the Assessor's site, and an online site like Zillow. They are free. You may be shocked by the difference. For a fee Chandler will provide you with comparable information about property; an appraisal will caost you usually $300-400, or you can call your realtor to pull it all together for you.
You may have noticed that I have discontinued the weekly “Real Estate News Summary, that I called “The Cutting Edge – real estate news you don’t usually see in the mainstream media." The content for the weekly post was clipped and shared from both very popular and somewhat obscure real estate blogs, mixed with my blog posts and comments, and pictures. The weekly post is discontinued in favor of an automated lifestreaming post (WP Lifestream plugin does it automatically)
Lifestreaming?
Put very simply, lifestreaming is a log of your (selected) social media activities, and can include many social, sharing and bookmarking platforms as well as blog feeds. But the term can mean a lot of different things. I actually have 2 lifestreams – one that is real estate oriented and one that is a little more personal and with more emphasis on social media and Memphis. Bottom line – you can share what you want in one place.
The Tools
I started “Real Estate-The Cutting Edge” as a Friendfeed group. Friendfeed basically consolidates your presence on the web into a stream that can be read or subscribed to via RSS. You chose which platforms are included in your feed, for example, you may want to include your Facebook, Twitter, your blog, Linkedin updates, Yelp, etc., or any other networks where you are making a contribution or that you receive information from. Since I use Delicious to bookmark and share much of the information I find from blogs I read, I also add my Delicious feeds, so readers can see what I have bookmarked. This is the information I share in the “Real Estate-The Cutting Edge” feed.
You can direct this information to your main Friendfeed feed or make as many specialized groups as you like, each of which has a specific RSS feed for subscribers. So stop wasting time formatting and editing e-newsletters. Offer your clients the feed if they are RSS users; use a plugin on your blog like WP Lifestream; or, if you are more old fashioned, copy, paste, edit and clean up the contents of your feed and publish that. Here's is what I offer clients and readers who are interested in what I think is important about the real estate market, Memphis or the world in general: Subscribe to Real Estate, the Cutting Edge Feed at http://friendfeed.com/real-estate-the-cutting-edge Subscribe to my Delicious bookmarks Feed at http://delicious.com/joespake or, better yet, subscribe to (or just read) my blog for the automated news summary post at http://memphisrealestatebuzz.com
Every year I volunteer at the Memphis Music and Heritage Festival, and I really want to share the FREE festival with the world. This year's stellar line-up is truly world-class. It's Memphis' best kept secret.
If you are nearby, or thinking of a Labor Day Weekend getaway, its not too late to plan a trip to Memphis for the festival. SEE YOU THERE
| 2009 Festival Schedule |
|
This schedule is partial and subject to change before Labor Day weekend September 5-6. Saturday, September 5th, 2009 Sunday, September 6th, 2009
|
Y'ALL COME SEE US! LET ME KNOW IF YOU ARE COMING SO WE CAN GET TOGETHER.
Memphis' leading Web 2.0 Real Estate Broker, Consultant and Social Media Networker. I specialize in in-city properties - Downtown, Midtown, and East Memphis.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
