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Tallahassee, FL Real Estate News

By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
1003 Hiawatha Drive, Tallahassee, FL Click here to Get Directions$225000 3 Beds - 2 Baths - 0.25 acres Lot Photos Maps & Local Schools Print Nestled in Southeast Tallahassee, this fantastic three bedroom, two bath lives large with a well appointed kitchen with updated appliances and breakfast nook opening into the living room, a separate dining or additional living space or office space, vaulted ceilings in the private & oversized master suite upstairs with his-and-hers closets, interior laundry and an abundance of windows throughout the home that allow for much desired natural light. Updates have been completed (2020 HVAC and duct work, 2019 Roof & 2021 Water Heater). This ideal location is convenient to downtown, shopping, parks and entertainment for home buyers, or is a great invest...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
4880 Quail Valley Road, TALLAHASSEE, FL Photos Maps & Local Schools Print Click here to Get Directions$930000 4 Beds - 3.5 Baths - 1.81 sqft Lot OPEN HOUSE 4/20 from 12PM - 2PM! Nestled on a sprawling 1.8 acre lot, this White Oak Construction 4-bedroom, 3.5-bathroom luxury POOL home is ready for summer! This home has a gorgeous updated kitchen with Thermador appliances, Calacatta quartz counters, beautiful solid wood and brick floors, and detailed trim work throughout. The sitting room off the kitchen works well as a supervised study space, play area, or home office. Ample space with 3 bedrooms downstairs, an additional bedroom and bath upstairs, and a HUGE 32x24 bonus space with wet bar is perfect for both watching movies and family game nights. Enjoy the expansive back porch overlook...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
1513 Atkamire Dr #A & B, Tallahassee, FL Click here to Get Directions$275000 5 Beds - Photos Maps & Local Schools Print FANTASTICOPPORTUNITY on a quiet street walking distance to FSU!! Featuring three bedroom, one bath apartment UP (APT A) and two bedroom, one bathroom apartment DOWN (APT B), this property is an investors or owner-occupants dream. Both apartments feature extensively renovated interiors and many structural updates (APT A - 2019 Roof, 2018 Water Heater, 2020 HVAC; APT B - 2019 Roof, 2018 HVAC, renovated kitchen with new appliances), but also allowing the next owner to put their personal touch on the home. This ideal location is convenient to shopping, schools, parks and entertainment for home buyers or is a great investment opportunity - do not miss this one before it is...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
2498 Nugget Ln, Tallahassee, FL Photos Maps & Local Schools Print Click here to Get Directions$138,500 3 Beds - 2 Baths - 0.07 acres Lot Attention Investors! AWESOME 3/2 NW TWN w/ Newer Flooring, Deck, Vaulted Ceilings, W/D, Walk in Closets, & More! Asking $147,900! You will love this spacious home that features nice sized bedrooms, walk in closets, vaulted ceilings, open kitchen with bar, pantry, fireplace, and inside utility room with washer/dryer! There is newer plank vinyl floors in the entire downstairs and newer carpet upstairs! There is a deck and small yard. Convenient to I-10, shopping, restaurants, downtown, state offices, FSU, TCC, & FAMU! Walk to bus stop or Astoria Park. Neighborhood is called Charleston Square. Follow This Home
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By John Stehmeyer
(Riverking Custom Painting)
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
One of the most important jobs that I perform as the Broker and owner of CENTURY 21 First Realty in Tallahassee is as the leader of our online marketing efforts. Historically, marketing was a “system” that one established at a company and then reviewed the results on a regular basis. More effort was put on the message, rather than on the messenger. But this has all changed. The Internet has changed the way that we communicate with our market and with our prospective customer. Knowing where the largest source of home buyers go to seek real estate information is part of my job when guiding our real estate marketing efforts. Recent studies suggest that 87-92% of home buyers begin their search online, so being in the right place, at the right time, is certainly mission critical for CENTURY ...
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Tallahassee's Green Building Council, a part of the Tallahassee Builder' Association is having a Green Living Expo on Saturday, October 17th at COSTCO.  There will be tons of information for folks looking to build a new home and/or are wanting to educate themselves on local Green builders and available green products and materials.  For more information check out the Tallahassee Builder's Association website.  ***************************************** Looking for a Tallahassee Realtor?  Are you searching for a seasoned real estate professional that knows homes in Tallahassee and the real estate market and can get the results you desire? Are you in the market to buy or sell a home in the Tallahassee, Florida area? Let me put my knowledge and experience to work for you. My goal is to help...
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By Michael Lee
(Frog Realty)
  As said many times in this spot before, Piney Z is a wonderful neighborhood in Tallahassee.  One of the cool things that happens is that twice a year, spring and fall, the neighborhood has a community wide yard sale. On average about 70 homeowners participate each time.  Piney Z starts hopping at about 6 a.m. as the "professionals" scour the area while people are setting up.  The regular crowd shows up at about 6:45 a.m. and the day begins. Because Piney Z is such a nice neighborhood, the quality of items sold is quite high.  Nice furniture, collectibles and even a few antiques are usually found with the normal yard sale fare.  It is a great event that the Home Owner's Association advertises. I can't promise you will find the next treasure for Antiques Road Show, but you will have a ...
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By John Stehmeyer
(Riverking Custom Painting)
Better Homes & Gardens   Clean, Repair, and Stain It   Before you add anything to your deck, create a solid foundation. Cosmetic changes can't hide a deck in disrepair or dirty, ugly boards.   Hide and Sit Storage boxes made from the same deck material look good, provide places for virtually anything, and serve as extra seating.   Punctuate the Surface Cut a hole near an edge of the deck and plant your favorite flowers or small trees so they can grow up through the boards.
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  After fighting tooth and nail to stay in the 20th Century, the real estate industry is finally starting to embrace technology. Gone are the days of hoarding and hiding information, and we are now embracing the 21st Century of real estate. While many Tallahassee Real Estate Brokers are trying to figure out the concept of Web 2.0 and micro-blogging, the Tallahassee Real Estate Web Site is going mobile with it’s own “App” for the iphone. What this means is that if you are out and about Tallahassee, and you have a 2nd generation smartphone, you can download the free Tallahassee Real Estate App and do some cool things with your phone. Smartphones Are Changing The Way People Behave With the rise of the second smartphone generation (iPhone, Android, and BB touch screen), people are using the...
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By Mike Carlos, Realtor, Tallahassee FL
(Keller Williams Town & Country Realty)
While doing some BPOs for Bank of America this weekend, I stumbled across some pretty amazing deals in some Multi-family units near the Florida State University and Florida A&M University in Tallahassee, FL.  These units had low vacancies due to the proximity to the Universities and produced good rents.  Due to the low turn over in Multi-family sales, the prices has retracted back substantially making them GREAT cash flow investments.  I need some investors to capitalize on some of these opportunities.  Know anyone? So many investors have been burned on some deals in the last 2-3 years and are reluctant to get back in so soon.  My feeling is this... The opportunities presented to us today may be the type of opportunities you will be "kicking" your self for passing up in the years to com...
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By John Stehmeyer
(Pro Players Realty)
We understand how hard it is to escape the national media's dire predictions for home buyers and sellers in today's market. But there's another side to the real estate story: this market offers amazing opportunities for buying and selling real estate right now -- in our area! Get The Power of Pro Players Realty on Your side!! Follow us on twitter
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By John Stehmeyer
(Riverking Custom Painting)
Ask Sherwin-Williams what you can do in a day.Short on time? Here are some fun projects you can do in a day to make your space feel like new again. Repaint your front door. First impressions are everything. Make your entryway inviting with a fresh, new hue that complements other colors on the exterior. Accentuate a wall. Add drama to a room by picking one wall and painting it a striking color. Make a dramatic entrance. Add a faux finish or stripes to your interior hallway for color and dramatic effect
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
The newest data has just arrived for home sales in Tallahassee, so I figured now was a good time to update the Tallahassee Subdivision Report. While I do this report every month, this will be the first time that I separate the “arms length” sales from the non arms length sales. Just as a reminder for readers who have seen our earlier blogs on arms length sales, these are which are freely entered into by parties who don’t have a special relationship or control over one another. An arm’s length sale is indicated by the fairness of price, conditions, and other terms of the agreement. For example, an agreement between relatives or sales involving a deal on the side may not be considered an arm’s length sale because they may not reflect the true value of the deal. Most Active Neighborhoods ...
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By Mike Carlos, Realtor, Tallahassee FL
(Keller Williams Town & Country Realty)
I am happy to report that I closed another short sale today and have another closing tomorrow.  Many buyers and agents fear the short sale process and shy away from it.  The general perception is that the deal will drag on forever and will never close.  Buyers are fearful that if they make an offer on a short sale and it doesn't go through they will have wasted all this time and passed up other opportunities, especially with the nearing deadline for the $8,000 tax credit for first time home buyers. Well, here is what you should know about the short sale process. -Most cooperative lenders will turn a short sale approval around in less than 45 days. -Buyers usually purchase the property 10% or more BELOW market value. -Lien holders often allow seller paid closing costs on behalf of buyer....
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By John Stehmeyer
(Riverking Custom Painting)
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  I was surfing around some real estate web sites on the internet hoping to come up with today’s topic. You see, posts on the Tallahassee Real Estate Blog are usually based upon reader questions (or questions from our customers at CENTURY 21 First Realty), but today I had nothing standing by. I came across a question posted on Trulia that I think might provide some interesting insight for some people who are trying to sell a home in Tallahassee. The question was about getting more agents to show a home that is already one the market, and asked: Do agents look at the commission %? If you saw a house that had 4% instead of 3% would you show it more? This simple question actually brings up quite a few key points that homeowners should know when trying to sell a home. The reason that I thin...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Last week, I wrote a blog about a great investment my brother Mike purchased in 1991 in Richview Park. If you did not get a chance to check it out, I would recommend you click here to read about Richview Park townhomes as the lead-in to this real estate investment analysis. He has since provided me all of his operating data since the day that he purchased his townhouse in Richview Park. As a quick summary, we have seen property values grow in Richview Park over the past 17 years, though prices have softened in the past two years. The following graph shows all arms-length transactions in Richview Park through July 2009.   Richview Park Townhome Analysis The following table shows information gathered by my brother over 18 years he has owned the property. In order to simplify the Richview ...
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By John Stehmeyer
(Riverking Custom Painting)
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  When it comes to comparing interest rates for a mortgage loan, home buyers often have the option of choosing a loan with a lower interest rate by paying discount points. Simply put, discount points are fees charged by the lender to reduce (discount) the interest rate charged to the borrower. A point is equal to 1 percent of the loan amount. For example, with a $200,000 loan, one point equals $2,000. Points are usually paid out-of-pocket by the buyer at closing. Paying points may seem attractive, because a lower interest rate means smaller monthly payments. But is paying points always a good idea? The answer generally depends on how long you plan to stay in the house. Let’s look at an example: Mortgage Discount Points Example John and Jane Doe are shopping for loan rates on a $150,000 ...
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By John Stehmeyer
(Riverking Custom Painting)
By Better Homes & Gardens Chambray Technique with Glaze   Creating a chambray-look wall is a process consisting of rolling a tinted glaze over a white or cream-color wall, then dragging a weaver brush vertically and horizontally through the wet glaze.   Stone Sorcery Achieve this textured look by rolling on a liquid-stone product and creating more textural variation with a trowel. Once the stone product dries, add more depth and color by ragging on two shades of glaze.
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  Foreclosures and short sales dominated the national news for such a long period that news of foreclosures in Tallahassee does not carry the whallup that it would have just one year ago. But people better pay close attention to what is happening with foreclosures, because we have only scratched the surface of this epidemic thus far! We have been monitoring the Lis Pendens filings for many years, and the number of properties that actually make it to the court-house steps is usually less than ten each month. But about two years ago, we noticed that lis pendens filings in Tallahassee were on the rise, so we suspected that we would eventually see the corresponding rise in foreclosures. With all the speculation on bailouts and government intervention, many of the lenders were not so swift t...
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By John Stehmeyer
(Riverking Custom Painting)
Transform any space into your dream room with professional decorating points and tips on how to develop a color palette. Then coordinate colors and accessories for a pulled together look that is your own personal style.   View Colors View Colors View Colors  Starting Points for Decorating a Room Draw up a list and start writing down the basics - which key elements (couch, rug, flooring) will stay, and which will go. Determine a budget. Consider which changes make the most impact for your dollar, such as paint, slipcovers, and fresh accessories. Generate ideas by creating a portfolio that appeals to you. Collect images from magazines, fabric, and paint swatches, pictures of favorite vacation spots, flowers from the garden - anything to which you're drawn. Don't worry about creating a th...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Yesterday, my brother Mike and I were discussing our townhomes that we purchased in Richview Park in the early 90s. Richview Park is a town home community of roughly 150 homes in a very convenient location off of Richview Road and Apalachee Parkway in downtown Tallahassee. Anyway, we were discussing the fact that real estate had dropped in value lately, yet his townhouse was still an incredible investment. This Tallahassee townhouses was purchased in the early 90s and if sold today would show a five percent annualized appreciation rate. Considering the fact that leverage was used, his return on investment (ROI) is going to be huge. Great Returns On Townhomes In Richview Park The real estate graph below shows that unit sales have slowed considerably in Richview Park, but values are only ...
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