Archives for July 2011

Silver and Bronze Homes – Sendero Springs

Silver
Silver homes have nice interior options or upgrades, and typically have good, natural floor plans.  For the average person or real estate agent, these can be easily mistaken for Gold homes.  However, in each Silver home, there is something that doesn’t measure up to a Gold home (i.e., priced too high; old wallpaper, paint or carpet; small closets, bedrooms, or bathrooms; etc.).  These differences become obvious if you were to compare directly to a Gold home.

(In alphabetical order…)

4335 Angelico Lane

Very solid 3 BR, 3 BA home with nice upgrades including a whole house audio system for $339,900.  The current owner is a network administrator so he made sure the home is hardwired with cat 5e in every room.  The home also has a deck that faces a greenbelt and walking trail, a media room upstairs, a dedicated office downstairs, and a walk-in shower in the master bathroom.  Not bad, but at $101/sf, I’d rather buy a brand new home.

4004 Arbol Cove

This 4 BR, 2 BA home is located on a cul de sac and backs to a greenbelt and walking trail for $254,900 ($88/sf).  The home includes granite counters, built-in wine rack, water softener, covered deck, shed, and a big yard.  Here’s what’s not to like: the office is not a private office, the master bathroom lacks a separate tub, the back yard slopes making it difficult to maintain, and the walk-in closet is at best a look-in closet.  These just don’t justify the asking price or $/sf.

4101 Risa Court

This 4 BR, 2 BA home is situated on a big corner lot very close to FM 1431 (University Blvd) and priced at $267,900.  The nice upgrade includes wood floors, but there are two different types of wood.  The kitchen has lots of cabinets, but a small pantry and the entire area is covered in wall paper.  So is the master bathroom.  Even without considering the time, money, and energy needed to make this on par, $99/sf is completely over priced.

5017 Sendero Springs

This 3 BR, 2 BA home is currently in the foreclosure state and is listed at $229,900.  The options include granite counters, stainless steel appliances, game room upstairs, and a big corner lot.  However, it has a detached garage, the formal dining room has carpet, and the home needs paint, carpet, and fence repair.  In this market, the bank would be very fortunate to get close to its $86/sf asking price.

Bronze
Bronze homes usually have a standard interior.  The floor plans, decor, and “upgrades” are very subject to personal taste (I’m saying this in the nicest way I know how).  There is usually at least one major flaw that will turn off the average buyer.  In most cases, the home is priced way above market, which might actually be a positive so the buyer doesn’t waste his or her time!

4303 Angelico Lane

A 3 BR, 2 BA home with very little privacy in the rear, no powder room for guests, a small master bedroom, and small pantry.  The kitchen needs to be updated and carpet needs to be replaced.  Compare it to Gold homes and you’ll realize this home is (over) priced at $219,900 at $102/sf!

3002 Asombra Lane

This big 5 BR, 3 BA home is priced at $274,900.  Although it has a media room, corian counters, and stainless steel appliances, it had a very odd floor plan.  The guest room is located smack dab in the middle of the room, the master bedroom is small, and I think there were fleas in the house!  Make sure you call pest control if you are considering this home.

3600 Luminoso

This 4 BR, 3 BA home is one of the few in Sendero Springs with an in-ground, heated pool.  The price isn’t bad at $424,900 ($100/sf).  It does contain a media room, game room, wet bar, office with wood floors, walk-in shower, granite counters, stainless steel appliances, and double oven, but the floor plan is odd.  It’s hard to tell where the center of the home is.  If you can live with that, the home is a good buy, but not a steal.

4106 Pasada Lane

This large 5 BR, 2 BA home contains a big master bedroom and closet, granite counters, and an office for $264,900 ($77/sf).  It just doesn’t have enough bathrooms!  The downstairs bedroom has no full bathroom, the home has an odd layout, and there’s a sport court in the back yard.  It takes up a large portion of the yard, is an eye sore, and really isn’t even that practical as a sport court!

4400 Pasada Lane

A 4 BR, 2 BA home that is quite plain listed at $239,000 ($96/sf).  The master bathroom is small, yet the closet is huge.  Granite counters just can’t make up the high $/sf here.

4419 Pasada Lane

A 4 BR, 2 BA home that contains a media and wet bar upstairs, big breakfast area, big living room with wood floors, and stainless steel appliances for $294,000 ($89/sf).  It has a small back yard that backs to the green belt.  The upstairs has a Jack and Jill bathroom that reminds me of a Manhattan condo (very narrow!).  If you are paying this much money, you should be able to get a lot more house for your dollar (and you can!).

[Looking for the gold homes?  Click here.]

Are you thinking about selling your home in Sendero Springs?  Don’t make the mistakes these other agents are making.  Call me today for an expert’s perspective and insight in how to get the most money for your home.

Sendero Springs, Round Rock – Top 5 Homes for Sale

After studying all of my notes and comparing all the active homes for sale in Sendero Springs, I’ve placed them into three categories:

Gold
Gold homes had nice options or upgrades with a floor plan that “made sense” and flowed naturally.  They were also turnkey homes, or move-in ready.  Most importantly, they were priced well (at or below market value).  These homes could see an offer in the next 30-60 days and when the real estate market bounces back, these future owners could see healthy return on their home value.

Silver
Silver homes also had nice interior options or upgrades, and typically have good, natural floor plans.  For the average person or real estate agent, these can be easily mistaken for Gold homes.  However, in each Silver home, there is something that doesn’t measure up to a Gold home (i.e., priced too high; old wallpaper, paint or carpet; small closets, bedrooms, or bathrooms; etc.).  These differences become obvious if you were to view a Gold home.

Bronze
Bronze homes usually had a standard/builder interior.  The floor plans, decor, and “upgrades” are very subject to personal taste (I’m saying this in the nicest way I know how).  There is usually at least one major flaw that will turn off the average buyer.  In most cases, the home is priced way above market, which might actually be a positive so the buyer doesn’t waste his or her time!

I hope this gives us a good distinction between a top home, average home, and poor home.  Notice that I did not limit any of the categories by price.  Why?  The first reason is so that this evaluation can be just as useful for someone looking in the $200,000 price range as someone else looking in the $400,000 price range.  The second reason is because price does not indicate the condition and quality of a home.  You don’t always get what you pay for in real estate, especially in a market like this.  There are bargains to be had, and there are unrealistic sellers you may encounter.  Do your due diligence and make the distinction between the two!

I’ll be breaking this analysis up into two posts due to time constraints.  I’m also going to start with the Top 5 homes first because if you are in the market to purchase a home in Sendero Springs in the next 6 months, wouldn’t you want to know the Gold homes first?

(In alphabetical order…)

 

 

 

 

 

 

 

 

 

 

4204 Cancelo Drive
This is a brand new 4 BR, 3.5 BA home priced at $285,000 ($99/sf).  It’s the most expensive $/sf in the Top 5, but again it’s brand new.  Upgrades throughout this home include wood floors, stainless steel appliances, granite counter tops, and knotty alder wood cabinets in the kitchen and bathrooms.

 

 

 

 

 

 

 

 

 

 

3203 Lazada
This is a huge and versatile home priced at $399,900 ($88/sf).  It has 5 BR, yes five, but one of them can be used as a bonus room, whatever suits your needs best.  The bottom floor contains the master suite and a guest room with its own full bathroom.  Did I mention there is a game room and an office, too?  With up to 5 BR, you’d assume there is a big kitchen (with double oven!) and a big breakfast area and you’d be correct.

 

 

 

 

 

 

 

 

 

 

4105 Pasada
This big 4 BR, 2.5 BA home is a steal priced at $220,000 ($66/sf!).  Why?  It’s a short sale.  Should we exclude this from Gold?  No way!  Not only is it one of the lowest $/sf ever in Sendero Springs, it’s also updated with real wood floors in the dining room, granite counter tops, and stainless steel appliances.  The dining room, living room, and breakfast area are huge, and it contains a media room on the 2nd floor.  It’s also across the street from the community pool.

 

 

 

 

 

 

 

 

 

 

4307 Pasada
This 4 BR, 2 BA home is priced at a very low $208,000 ($81/sf).  You could consider this a steal as well because you’d be entering a very fine Sendero Springs neighborhood at one of the lowest price points you will see!  Importantly, it still fits the Gold standard with a nice floor plan and solid options like granite counter tops.

 

 

 

 

 

 

 

 

 

 

5301 Sendero Springs
This 5 BR, 3 BA home was priced at $249,900 ($84/sf), but they just dropped it $10,000 to $239,000 ($80/sf).  But don’t expect them to drop it much more than that.  Someone will pick it up soon and be very happy for what they just bought.  Wood floors in the living room and dining room, granite counter tops, a media room and game room upstairs, and a nice floor plan make this a Gold home.

If you’re a seller of one of these Gold homes, congratulations!  You have one of the best homes for sale in Sendero Springs!  If you’re a buyer and interested in any of these homes, please contact Edwin @ 512-761-6476.  I would love to be your Sendero Springs neighborhood expert and guide you in the right direction.

Stay tuned for the Silver and Bronze homes…. [Silver and Bronze homes now posted!]

If you’d like to get regular updates, be sure to check out our Facebook pages at www.YourFavoriteHomeboy.com and www.MarsHillRealtyGroup.com.  You can also subscribe to the RSS feed by clicking the RSS button on the left hand column of this blog.

Do Real Estate Agents Play Hookey? | Sendero Springs Home Tour

 

Sendero Springs Home Tour

When most people don’t show up at the office, their co-workers assume that they:

1) took the day off to relax and have fun;

2) got sick and are in bed; or

3) pretended they got sick to relax and have fun.

 

 

Not Round Rock real estate agents.  Well, not hard-working ones anyway.  I didn’t go into the office today and I could spend a hundred words explaining what I did and how I was just as productive (and then some) or I could just show you (click the image to zoom in):

I visited every single home for sale in Sendero Springs, Round Rock – a nice neighborhood filled with friendly people in North Round Rock located right off FM 1431 and just a few miles from I35.   It took several hours to view every home and take detailed notes.  Thank God the heat wasn’t that bad!  And even if it was, I still would’ve done it because the information gained from this exercise is invaluable to me as a REALTOR, which in turn makes it invaluable to any of my (potential) clients looking to purchase a home in Sendero Springs.  I’ll reveal some of my findings after the 4th of July weekend.  Have a fun and safe holiday weekend celebrating America’s independence!

Facebook Auto Publish Powered By : XYZScripts.com