About Fairview's Oakwood Estates

Fairview Texas Market Report - Oakwood Estates - Jan. 1 - June 27

RESALE Luxury homes that sold in The Oakwood Estates luxury community in Fairview Texas Jan. 1-June 27 are showing that buyers need to come prepared to make the deal. With the exception of one property, these homes sold within a week of the listing date. One home even sold the day it was listed!

SOLD IN OAKWOOD ESTATES as of June 27, 2011:

Why is this luxury community in such hot demand?

1. Each home features at least 1 acre homesite

2. Unique styles, designs, and floorplans set the home apart

3. Lovejoy Independent School District is Exemplary in every way

4. Mature trees, antique lampposts, and cobblestone accent the drives through the community

5. Easy access to McKinney Airport for executive travel, the North Dallas Telecom Corridor and Business Center

6. Upscale dining, shopping, and entertainment venues are less than 5 minutes away

7. Convenient to both the George Bush Turnpike and 121 Tollroad

8. Minutes from all the Arts, Sporting Events, Shopping, and Entertainment Dallas has to offer

9. Close to major Medical Centers

10. Private community with a family-friendly environment

You can add your personal favorites to the list when you purchase a home in Oakwood Estates. Call me to view properties available in the Oakwood Estates luxury community of Fairview Texas.

Selling a home is a big deal. You naturally want to get the most money you can considering that it's one of the biggest investments you'll ever make. You also want it to sell quickly. Quick sales and high asking prices often do not go hand in hand, which leaves sellers with a few questions. If you remodel and turn your home into the absolute perfect house, can you get more for it while helping the house sell faster?

While it's a nice thought and it would seem to be a logical one, it actually doesn't work that way. You will never recoup the funds that it takes to remodel. A complete remodeling job on a three bedroom home can be as much as $40,000 for average remodeling work. You will not be able to add on that much to the asking price and expect to see any offers.

Of course, there are also other factors to consider. Not everyone has the same tastes. If you spend a great deal of money and time on a remodeling job and a prospective buyer comes in talking about how they're going to remodel your remodeling, how are you going to feel? A lot of money just went into trying to create the perfect home and it just isn't possible.

You can't please the whole marketplace with your tastes. What looks heavenly to one person can look atrocious to another. No matter what you do with your remodeling job there will always be some changes that the new owners will want to make. Since you're not going to get back your investment it's really not worth it.

The only exception to this is when you completely remodel the house only to find that it's actually perfect for you. There have been numerous incidents of such tales. When owners put the time and energy into remodeling their home based on the belief that the makeover will increase the asking price and decrease the time on the market sometimes they realize that they are the ones who have fallen in love with their home.

Staging a home is much more cost effective when you're trying to sell a home. Remodeling is simply too expensive. Home staging will give you the ability to get the best possible asking price in the shortest amount of time. Staging is designed to appeal to everyone and it can be done on a tight budget.