Archives for February 2009

Austin, Texas #2 – In your face Mr. Down Housing Market

Georgetown, Texas is part of the larger Greater Austin area and has been well protected from this recent real estate fiasco. I ran across some encouraging news from Builder Magazine in an article written by Boyce Thompson entitled The Healthiest Housing Markets for 2009. In it, Austin is ranked #2:

austin2. Austin, Texas
2008 Total Building Permits: 14,250

Nine years ago, during the tech bust, some builders felt that Austin was too crowded and left. The bloom is back on Austin’s yellow rose now; it moved up the leader board to become the sixth largest home building market last year. Job creation explains the move. While other markets lost employment, Austin added 17,400 jobs last year, 2.31 percent growth rate. It helps that Austin is home to both a major university, The University of Texas, and the state capital. Existing homes cost a little bit more in Austin than other Texas markets, roughly $190,900, but that’s still below the national average. Also, Austin is one of the few metro areas in the country where median prices actually rose in 2008–1.4 percent through the first three quarters of the year. Amazingly, Austin now generates more home building activity than Chicago, which has six times more people.

Busiest builders: D.R. Horton, Lennar, KB Home, Centex Homes, Meritage Homes. Courtesy: Hanley Wood Market Intelligence.

Asbestos: You can pronounce it, but do you understand it?

With so many remodels that happen, especially in Historic Georgetown, Texas, I thought this article from the Mesothelioma Cancer Center was very applicable to my blog readers.

image002Asbestos Remains a Concern for Texas Homeowners – Prevention & Tips

A naturally-occurring mineral, asbestos was used in the 20th century in many applications such as insulation, piping, brake lining and flooring. Asbestos made its name because of its resistance to fire and heat properties. With a large petroleum industry based in the state, many problems have occurred as a result of oil companies using asbestos at their facilities.

Giants such as Mobil, Shell and Gulf have been stationed in Texas. This industry has been one of the hardest hit in terms of asbestos problems, with millions exposed in the last century. As homes and buildings built before 1980 may contain asbestos, those looking for homes for sale in Georgetown, Texas and those seeking to remodel homes should be aware that asbestos exposure may potentially cause many health concerns.

Although asbestos in the home is a concern, not all asbestos poses problems. It is only when asbestos becomes damaged and its fibers become airborne, where exposure can be health deteriorating. A fatal lung-ailment known as malignant mesothelioma is caused by asbestos exposure and accounts for three percent of cancer diagnoses in the United States alone.

The abundance of asbestos incidents in the last 100 years has lead to mesothelioma lawyer firms protecting and advocating victims’ rights. The asbestos scandal is one of the notable corporation and government cover-ups because information of asbestos harmful qualities was repressed from work places and civilian knowledge.

When involved in real estate, it is especially important to embark on the proper inspections to insure the safety of your clients, building workers and your reputation. A good course of action is to identify materials which could harvest asbestos, mark the condition and establish a plan that addresses any negative condition in the building.

Citizen based organizations such as the Texas Department of Health Services help promote and protect the physical and environmental health of all citizens in Texas from asbestos. Striving to prevent exposure, they educate the public to gain understanding and compliance of state and federal laws. The type of contractor performing the inspection will determine the type of removal needed.
In addition, most people are unaware to the fact that eco-friendly products can cut energy costs. Cellulose, cotton Fiber and lcynene are all green options to be considered. Cotton fiber is made from recycled batted material and treated to be fireproof. The United Nations Environmental Program states that usage of recycled materials such as green insulation methods and lighting can reduce energy use by 25 percent!

If you have a remodeling story that involved eliminating Asbestos, please share your comments below! Looking for information on Georgetown Texas Homes For Sale? Visit my website or call me anytime!! Want the latest updates on Georgetown Texas Real Estate, news and latest developments? Sign up for the blog by clicking the link below:

1904 Garden Villa – Garden home size at a garden home price

I sold this home a few years ago and my current business partner, Nancy Knight, was representing the buyer at the time. Now it’s up for sale again, and at $125,000, you can’t ask for a better price as an investment or as a first home.  This property is located in a neighborhood called “Williams Addition” which is super convenient to I35.

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Pictures below:

Looking for information on Georgetown Texas Homes For Sale? Visit my website or call me anytime!! Want the latest updates on Georgetown Texas Real Estate, news and latest developments? Sign up for the blog by clicking the link below:

Summercrest in Georgetown, Texas – 2333 Rockledge for sale

frontSummercrest is a neighborhood that has been fully developed and built by Lennar homes.  It’s a nice neighborhood with a community pool and is located across from a small golf course that belongs to Southwestern University.  See my City of Georgetown, Texas – Neighborhood map for the exact location.

I love this neighborhood, in fact two of my pastors from Hill Country Bible Church – Georgetown, live here…probably because of the proximity to the church.  Summercrest is also easily accessible to the SH130 Toll Road and you can take the Innerloop to get onto I35 very quickly.

Here’s a home for sale that just came on the market.  My business partner, Nancy, and I are listing this for $179,900.  Home has many upgrades:  Wood floors, light fixtures, granite and renovated master bath…check out the pictures for yourself:

If you live in Summercrest, I’d love to hear your thoughts and so would the readers of this blog, feel free to comment! Want the latest updates on Georgetown Texas Real Estate, news and latest developments? Sign up for the blog by clicking the link below:

Georgetown, Texas Real Estate Blog

Riverfront property in Georgetown, Texas – 5/25/09 – REDUCED TO $139,500

In a word: rare

I’ve only sold one riverfront lot in Georgetown and that sold in less than 30 days!

Well, here’s a unique opportunity that probably only comes around once a year, and even less as these lots get built on. First, let’s look at the value. At 3.72 acres and $150,000 – this lot is priced at just over $40,000 an acre! That’s a great price considering the only other 1+ acre lots you can purchase today, and be able to walk to the river from your home, start at $114,000 an acre – almost 3 times the amount!

This lot is very special because there is not only privacy in the back (due to the river ofourse), but also the front. You’ll notice in the survey and the map below that the current owner took great care to coordinate a shared driveway between all three lots to maximize privacy from the road as well as reduce the amount of unsightly concrete that would be needed for access. He also brought utilities to the potential build site…another cost savings to the future owner.

Survey of lot

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If you click on the icons, you’ll see pictures that correspond to that location. Make sure you click on the icon near the river to catch the great view! There’s also an older river view picture to show how high the water could be in a year where it actually rains! 2008 was a pretty dry year.

Stay tuned to this blog for more information. There is a top-notch local builder, Bagwell Custom Homes, that actually has a preliminary elevation and floor plan drawn out specifically to take advantage of trees, view of river, etc. on this lot! Ofcourse you could bring your own builder, but this is also another great opportunity to potentially save some money during the build-out process and work with a local custom builder who already has familiarity with this lot.  The lot is located in Gabriel’s Overlook in the most private area of the community (towards the back).  Access to Parmer Lane is less than 5 minutes away to the West; and Hwy 29 is a fast straight shot to I35 if your commute takes you East.

Updated 2/11:

Elevation sketch of home for this lot.


Interested in this lot for your future dream home? Looking for a safe place to park your money? (riverfront or lots with a view historically appreciate the quickest) Feel free to contact me for the grand tour Want the latest updates on Georgetown Texas Real Estate, news and latest developments? Sign up for the blog by clicking the link below:

Georgetown, Texas Real Estate Blog

204 Liz Lane – Fountainwood Estates in Georgetown, Texas – $349,000

9/18/09 – REDUCED TO $329,500!

Landscaped by nature! Enjoy peaceful mornings and quiet evenings either sitting on the wide front porch looking over a meticulous lawn or the oversized covered patio and multi-level deck. Both areas expand leisure activities to the outdoors. The beautifully wooded grounds provide shady comfort and you will love the river of rocks the current homeowners have created. Serenity is the mood as you enter this gracious home. Candle light dinners can be yours in uncrowded comfort in the spacious formal dining. Lots of wall space for your hutches too!

At your service! Come home to prepare meals quickly and efficiently in this functionally designed kitchen. Oak cabinets,island cooktop and ample countertops make for a nice work triangle.Breakfast bar provides a place for an impromptu snack or buffet service. Centrally located family room boasts the warmth of a brick corner fireplace. Open to the kitchen and breakfast area this home is perfect for the cook who does not want to be separated from family and guests.Breakfast area also looks out into the private backyard

Comfort and coziness characterize the Owner’s suite,  generous enough for a king size canopy bed! Crown molding, a bay window and serenity imbue the bedroom for a cat nap or an evening of rest.
Double vanities promote harmony in this Queen style bath large enough for 2 to begin the day. There are his and hers walk-in closets on either side of the garden tub. A separate shower has good size seat!

Generous size secondary bedrooms are on the other side of the home – one has a window seat! The 4th bedroom is set up as a study with built-in bookcases on both sides of an arched window. 2 closets provide storage. French doors open to the family room.

Stroll to the end of the cul-de-sac for a view of beautiful Lake Georgetown! This home is just minutes from an entrance to the lake, schools, and shopping.

~ Nancy Knight, Lone Star Properties

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City of Georgetown, Texas – Neighborhood Map

For the longest time, I’ve been wanting to add a map to my webpage. Here’s something I’ve been working on:

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I want to be able to give my website visitors a good idea of the different neighborhoods in Georgetown. I’ll add price ranges and pictures in the future. What else do you think I should add? Any suggestions or comments would be much appreciated!

Looking for information on Georgetown Texas Homes For Sale? Visit my website or call me anytime!! Want the latest updates on Georgetown Texas Real Estate, news and latest developments? Sign up for the blog by clicking the link below:

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