Breathtaking contemporary, luxury home in Hidden Canyon being built for a cause! This four bedroom, three and a half bath home by Stadler Custom Homes will be sold with the proceeds benefiting Military Warriors Support Foundation and the San Antonio Food Bank. The Preserve at Hidden Canyon is Stone Oak’s latest, premier, gated neighborhood and features an amenity center with pool, soccer fields, and clubhouse as well as nature trails and protected green spaces.
To purchase this home, please contact Kimberly Howell at (210) 861-0188 and ask about the HomeBuild4Heroes home, located in Hidden Canyon.
To learn more about the home and its construction or if you would like to know how you could customize the home to your liking, please contact Stadler Custom Homes at (830) 980-4198.
For more information about Military Warriors Support Foundation, please visit us at www.militarywarriors.org.
For more information about San Antonio Food Bank, please visit them at www.safoodbank.org.
To donate towards the cost of the home:, please visit HomeBuild4Heros at Zola.com
650 Winding Ravine San Antonio, Texas
4 Beds 4 Baths 4,814 SqFt 1.080 Acres
When you put your home up for sale, there is a lot that happens “behind the scenes” in order to come up with the right price. You’ve heard about comparable sales (or “comps” as they’re often referred to) and they are hands down one of the best ways to determine the asking price for your home. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area. It’s both an art and a science and finding the balance between the two is the key to successfully pricing a home. Here are a few of the things we look for when working on pricing your home and preparing a CMA (comparative market analysis).
Location. Homes in the same neighborhood typically follow the same market trends. Comparing your home to another in the same neighborhood is a good start, but comparing it to homes on the same street or block is even better. We typically will start with a very narrow focus (street level, neighborhood) and then widen the scope to look further out if we’re not finding a lot of sales in the area.
Date of sale. We don’t want to use homes that sold too long ago as market conditions shift over time. A good rule of thumb is to look within the last three months, although exceptions can be made for unique properties that are not as easy to define. The closer the date, the better for comparable purposes as even a couple of months can shift the market in a different direction. Other factors, like time of year should also be considered (ie a home in the springtime market is more likely to sell faster and for a higher price than one sold in December).
Home build. Look for homes with similar architectural styles, numbers of bathrooms and bedrooms, square footage, and other basics. We will often try to compare to the same builder or floorplan if possible. Knowing who built in a neighborhood and where else they have built can be a huge help in knowing where to look for potential comparable sales.
Features and upgrades. Remodeled bathrooms and kitchens can raise a home’s price, and so can less flashy upgrades like a new roof or HVAC system. We want to be sure to look for similar bells and whistles. If properties with similar upgrades can’t be found, adjustments can be made to compensate although it is worth noting that these upgrades never come with a dollar-to-dollar value.
Sale types and terms. Homes that are sold as short sales or foreclosures are often in distress or sold at a lower price than they’d receive from a more typical sale. These homes are not as useful for comparisons. Other items like seller paid closing costs and concessions should be looked at as well. A home that sold for $10,000 over asking price that included $10,000 in seller paid closing costs isn’t the same as a house that sold for $10,000 over asking with no seller concessions.
image courtesy of AlanH2O
You’ve most likely heard the rule or had one of your friends give you the advice: save for a 20 percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and stability to save for a long term goal. As with any financial plan, you have to look at the pros and cons and determine which benefits you more both in the short and long term. It is always advisable to discuss with your lender and your CPA to see where and how you can maximize the benefits. Larger down payments can help you get favorable rates from lenders, but there can actually be financial benefits to putting down a smaller down payment, something as low as three and a half percent, rather than parting with so much cash up front, even when you have the extra money available.
The downsides of a smaller down payment are pretty well known. You’ll have to pay Private Mortgage Insurance for years and the lower your down payment, the more you’ll pay. You’ll also be offered a lesser loan amount than borrowers who have a 20 percent down payment, which will eliminate some homes from your search.
The national average for home appreciation is about five percent. The appreciation is independent from your home payment, so whether you put down 20 percent or three and a half percent, the increase in equity is the same. If you’re looking at your home as an investment, putting down a smaller amount can lead to a higher return on investment, while also leaving more of your savings free for home repairs, upgrades, or other investment opportunities.
THE HAPPY MEDIUM
Of course, your home payment options aren’t binary. Most borrowers can find some common ground between the security of a traditional 20 percent and an investment focused, smaller down payment. Your real estate agent can provide some answers and introduce you to a lender as you explore your financing options. Sitting down with the lender and discussing the finer details of your goals and your plans can help you make the best decision for you at this particular point in your life.
image courtesy of Mukumbura
Every spring, LRES Marketing puts together an incredible tour of some of the finest luxury homes available in The Dominion and is always a terrific day full of amazing houses. We’ve been participating in the tour for years and look forward to both the spring and fall additions each and every year. The tour gives you a chance to see some of San Antonio’s most luxurious and fabulous homes. This year’s tour will be held on April 14th from 2-5pm. You’ll want to RSVP for the event as The Dominion is guard gated and your RSVP will help facilitate your entry. You can download a printable brochure (PDF) with a map, a list of all the homes, and information about each of the participating agents. This year’s tour features 34 homes from 21 agents and has something to offer everyone from garden homes to sprawling estates, single stories and two stories, new construction to pre-owned homes, and prices ranging from $515,000 all the way up to $3.2 million. Stop by the homes we’ll be presenting, both built by McNair Custom Homes: 6311 Sevilla Way and 7130 Bluff Run.
Dominion Luxury Tour Spring 2019
Please note, some properties are not listed here as they are non-MLS listings. All properties are listed by their respective brokerages as noted.
50 High Crescent San Antonio, Texas
4 Beds 7 Baths 8,035 SqFt 3.210 Acres
12 Crescent Bluff San Antonio, Texas
4 Beds 5 Baths 6,758 SqFt 0.640 Acres
2 Brayton Place San Antonio, Texas
5 Beds 6 Baths 6,850 SqFt 0.600 Acres
16 CHAUMONT San Antonio, Texas
4 Beds 5 Baths 4,619 SqFt 0.580 Acres
18 QUEENS HEATH San Antonio, Texas
4 Beds 6 Baths 6,083 SqFt 0.587 Acres
6335 Malaga Way San Antonio, Texas
5 Beds 7 Baths 5,121 SqFt 0.500 Acres
17 VINEYARD DR San Antonio, Texas
5 Beds 6 Baths 5,216 SqFt 0.980 Acres
1 CHELSEA GREEN San Antonio, Texas
4 Beds 5 Baths 6,047 SqFt 0.770 Acres
10 Kings View San Antonio, Texas
5 Beds 6 Baths 5,711 SqFt 0.330 Acres
1 VICTORY GREEN San Antonio, Texas
3 Beds 4 Baths 3,971 SqFt 0.410 Acres
2 CLUBHOUSE GRN San Antonio, Texas
3 Beds 4 Baths 5,011 SqFt 0.440 Acres
21 Eton Green Circle San Antonio, Texas
4 Beds 4 Baths 4,636 SqFt 0.430 Acres
62 Eton Green Circle San Antonio, Texas
4 Beds 4 Baths 4,670 SqFt 0.550 Acres
12 ABBY WOOD San Antonio, Texas
4 Beds 5 Baths 4,771 SqFt 0.180 Acres
3 Clubhouse Green San Antonio, Texas
3 Beds 4 Baths 3,641 SqFt 0.280 Acres
10 WORTHSHAM DR San Antonio, Texas
3 Beds 4 Baths 3,750 SqFt 0.190 Acres
2 Liser Glen San Antonio, Texas
3 Beds 3 Baths 3,303 SqFt 0.280 Acres
5 Doulton Glen San Antonio, Texas
3 Beds 3 Baths 2,852 SqFt 0.180 Acres
9 Westcourt Ln San Antonio, Texas
4 Beds 4 Baths 3,574 SqFt 0.160 Acres
19 AVALON PARK San Antonio, Texas
3 Beds 3 Baths 2,758 SqFt 0.170 Acres
8 HENDON LN San Antonio, Texas
3 Beds 4 Baths 2,986 SqFt 0.220 Acres
6311 Sevilla Way San Antonio, Texas
4 Beds 5 Baths 4,687 SqFt 0.350 Acres
7118 Bluff Green San Antonio, Texas
4 Beds 6 Baths 4,631 SqFt 0.350 Acres
7414 HOVINGHAM San Antonio, Texas
4 Beds 4 Baths 4,338 SqFt 0.240 Acres
7 Saxby Glen San Antonio, Texas
4 Beds 4 Baths 3,039 SqFt 0.260 Acres
7130 Bluff Run San Antonio, Texas
4 Beds 3 Baths 2,605 SqFt 0.200 Acres
Whether you’re ready to sell today or thinking about doing it in the future, it pays to make sure you’re prepared. These helpful tips can get you prepared to sell quicker and get your home sold faster. Call one of our real estate agents and schedule your pre-listing meeting today. Want a downloadable PDF to share with your friends? You can also read the text of the infographic below…
Meet with your trusted real estate agent: Your agent can save you a lot of time and energy by guiding you through the pre-listing phase. They are there to serve you and help you decide if listing your home is the right option.
Pre-qualify to buy your new home: Get pre-qualified to buy your next home before putting your current one on the market. Working with a reputable mortgage professional will help you understand what you need to net from your current home and achieve your goals for your next one.
Price correctly: Listing your home at the proper market value is critical to selling your home within a reasonable time frame. Be cautious of making decisions based on valuations online and instead use your agent’s in-depth knowledge of the local area as a resource.
Pre-inspection: Home inspections are often a sticking point where a home sale can go wrong. Material defects may need to be repaired prior to a buyer purchasing the home, so determine these potential fixes before you list, instead of during the negotiation process.
De-clutter: If your house is cluttered or filled with personal mementos, it can be more difficult for a buyer to picture themselves living there. Placing large pieces of furniture or family photos in storage is worth the effort to help your home sell quicker.
Professional photography: The modern-day home search almost always starts online and first impressions are very important. Make sure your real estate agent uses a professional photographer or company specializing in real estate photography to show your home in the best light.
McNair Custom Homes and Kimberly Howell Properties are proud to announce the winners from their McNair Madness event hosted Thursday, March 28th from 4-7pm in The Dominion. Realtors were invited to preview four fantastic homes built by McNair Custom Homes and get their McNair Madness brackets stamped at each home. The tour started at 7130 Bluff Run (4 bedrooms, 3 baths) in The Bluffs section of The Dominion and went through 6310 Malaga Way (4 bedrooms, 4 baths), 6314 Sevilla Way (5 bedrooms, 6 full and 1 half baths), and the final stop, 6311 Sevilla Way (4 bedrooms, 5 full and 1 half baths) in Andalucia. A game day selection of food and drinks was provided to the participants in the event. Top prize was a pair of tickets on Southwest Airlines and several other great prizes were offered as well. We’d like to thank all of the real estate agents and others who came out to see the homes and support the event. We’ll be contacting all of the prize winners to get their prizes to them.
McNair Madness Winners
Grand Prize – Two Southwest Airline Tickets
James Rodgers with eXp Realty
Second Prize – Patron
Carlos Chavez with Kimberly Howell Properties
Third Prize – Crown Royal
Fabiola Poulat with Keller William Heritage
Fourth Prize – Various Gift Cards
Amy Weilbacher Lewis with Real Estate 210
Olga Jimenez with Kimberly Howell Properties
Alexandra Rodriguez with Avenue Realty