Blog Archives - Page 83 of 128

Troy Stavros

Gables & Gates REALTORS

865-999-0925

CLICK HERE TO FIND OUT WHAT YOUR HOME COULD SELL FOR!

827 Belle Grove Road, Knoxville, TN 37934 in Farragut’s Berkeley Park

May 10, 2015 By Troy Stavros

This Knoxville luxury home offered for sale is located at 827 Belle Grove Road, Knoxville, TN 37934 in Farragut’s Berkeley Park Subdivision and is chock full of old world charm. The 3 levels of luxury living start with a European style exterior of brick and stone. Once inside you’ll enjoy a gourmet kitchen with Wolfe appliances and huge center island with granite countertops. Off the kitchen sits a inviting keeping room with a fireplace and beamed ceiling. This spot is perfect for entertaining with a butlers pantry and access to the deck overlooking a private back yard. Venture down to the lower level which has a media room, a bar, kitchenette, room for pool/game tables, a separate bedroom/bath, exercise room and plenty of extra storage. Upper level has a 2nd laundry room, hobby room, and additional bedrooms. For more information or to schedule a private showing of 827 Belle Grove Road, Knoxville, TN 37934 in Berkeley Park Subdivision, contact Troy Stavros with Gables & Gates, REALTORS at 865-999-0925.

This listing is no longer available.

Troy Stavros

Gables & Gates REALTORS

865-999-0925

CLICK HERE TO FIND OUT WHAT YOUR HOME COULD SELL FOR!

Knoxville and Farragut TN Real Estate Market Update – April

May 8, 2015 By Troy Stavros

Here are the most recent (April) statistics for the Knoxville and Farragut TN real estate markets.

Here are the Knoxville TN real estate market stats through April. The highlighted stats are:

Median sold price of Knoxville homes in April = $150,000
Median list price of Knoxville homes in April = $179,900
Median days on the Market for Knoxville homes = 61 days
Homes sold in Knoxville in April = 1181
Homes listed in Knoxville in April = 3024
Absorption Rate in April for Knoxville = 8.95 months
Year to Date Knoxville home sales are up 6.9% through April compared to last year.
Year to Date Knoxville home prices are up 8.86% through April compared to last year.

Here are the Farragut TN real estate market stats for April:

Median sold price of Farragut homes in April = $268,000
Median list price of Farragut homes in April = $419,000
Median days on the market for Farragut homes in April= 19 days
Homes sold in Farragut in April = 47
Homes listed in Farragut in April = 70
Absorption Rate in April for Farragut = 4.05 months
Year to Date Farragut home sales are up 17.4% through April compared to last year.
Year to Date Farragut home prices are up 3.56% through April compared to last year.

What does this mean for you?

The Knoxville and Farragut TN real estate markets are humming along and now in full swing as we enter the Spring selling season. Home sales and home prices in both Farragut and Knoxville keep trending upward, and while inventory levels in Knoxville as a whole have bumped up a few percentage points, Farragut is still struggling with a low supply of homes for sale (decreasing to only a 4.05 month supply when a healthy market is 6 months).

For Sellers

Homeowners considering selling a home in Farragut or Knoxville should know that there is no better time to be on the market then right now. Between the seller’s market being created by the low inventory situation and the fact that we are entering the highest demand time of the year for buyers (May, June, July, August), if you are thinking of selling, do it now! Watch my recent video here explaining this in more detail. Also sellers become buyers so read below for more important information.

For Buyers

Yes, the low inventory situation can make it a bit harder to find a home, and competition may be fierce, but now is the time to buy. Why? Recent reports have shown us that both prices and mortgage rates are on the rise. These two factors will decrease your buying power, the longer you wait. If you find a home to buy now, you will be getting more for your money than if you wait. Watch my recent video that explains this in more detail here.

Have questions about the market or anything Knoxville or Farragut TN real estate related? Want to sit down over a cup of coffee and discuss? Contact me, Troy Stavros with Gables & Gates, REALTORS and I’d be happy to get together with you and answer any questions you might have. I look forward to serving you! If you are interested in a free, no obligation analysis of how much your Knoxville or Farragut TN home is worth CLICK HERE.

Troy Stavros

Gables & Gates REALTORS

865-999-0925

CLICK HERE TO FIND OUT WHAT YOUR HOME COULD SELL FOR!

Watch Ashton Kutcher Remodel His Mom’s Basement

May 7, 2015 By Troy Stavros

When looking at homes for sale in Farragut or Knoxville, especially those in need of updating, it is important to remember that you can transform a space that doesn’t suit your lifestyle. You can even get specific loans, called renovation loans in Knoxville, that wrap the renovation costs right into your 30 year mortgage. Watch, in the following videos how actor, Ashton Kutcher, transforms the basement of his childhood home into a completely different space, all for the benefit of his Mom.

Would you like to start searching for a home you can renovate? Would you like more information on renovation loans? Contact me, Troy Stavros with Gables & Gates, REALTORS at 865-999-0925 today and let’s talk! I look forward to helping in any way that I can.

Troy Stavros

Gables & Gates REALTORS

865-999-0925

CLICK HERE TO FIND OUT WHAT YOUR HOME COULD SELL FOR!

If You Aren’t Living In Knoxville TN, You Should Be!

May 6, 2015 By Troy Stavros

If you aren’t living in Knoxville TN, you should be. The video below gives you just a little taste of what it’s like to live in the place we call home, Knoxville, Tennessee.

Troy Stavros

Gables & Gates REALTORS

865-999-0925

CLICK HERE TO FIND OUT WHAT YOUR HOME COULD SELL FOR!

Thinking of Selling A Home in Farragut in 2015? Opportunity Knocks!

May 5, 2015 By Troy Stavros

Everyone selling a home in Farragut or Knoxville wants to get the best price for their house. Way back in high school we learned in Econ, that the best price for any item will be determined by the demand for that item relative to the supply of that item.

If you’ve read my previous articles you know that the inventory of houses for sale in Farragut is well below normal numbers.

There is also historical evidence which shows us that the demand for housing is about to increase dramatically. Every year, more homes sell in May, June, July and August than any other four months of the year. Here is a graph of home sales last year by month:

What does this mean for you?

If you are selling a home in Farragut and want to get the highest price and you want to sell it in the fastest time possible, it’s important to be on the market when the largest buyer pool is available. We know from the graph above, that historically this happens in the next few months. The combination of low inventory levels and the increased demand in the coming months make this the perfect time to get your Farragut home on the market. Waiting too long could cost you time and money. Call me, Troy Stavros with Gables & Gates, REALTORS at 865-999-0925 today to discuss your goals, and so we can begin formulating a plan. I can have my free home staging specialist meeting with you within days and we can have you on the market shortly after. Don’t miss this great opportunity!

Troy Stavros

Gables & Gates REALTORS

865-999-0925