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Shopping for a Home Across the Nation

by Terry Sullivan - Lyons-Sullivan Realty

Ever wonder what it costs to live in other parts of the country? Of course, real estate prices vary widely depending on property, location, market status and even season. 

We researched homes from the 12 bedroom, 12 bathroom home in Bennington, Vermont to the 2 bedroom, one bathroom home in Great Bend, Kansas. 

Care to venture a guess on the prices of these two properties? On 11 acres, the home in Bennington, Vermont is listed at $2,175,000. On a quarter-acre lot, the home in Great Bend, Kansas is listed at $37,900. These two properties have one thing in common: they are both located in cities of less than 20,000 people.

For this very informal study, we searched realtor.com for properties with 3 bedrooms, two bathrooms and around 1,500 square feet on quarter-acre lots in U.S. cities with populations less than 20,000 people.

Our results are listed by region of the country. Take a look and see how the Livingston County area stacks up.

West

Montrose, Colorado: $168,500

MOVE RIGHT IN. This home has been very well kept. Very nice Northstar model with vaulted ceiling, gas fireplace. Everything is on one level and the open floor plan makes it easy for entertaining. Light Oak cabinets in the kitchen. Back porch with retractable awning. Beautiful large landscaped with fenced yard and storage shed.

Key Facts

Bedrooms: 3
Bathrooms: 2
Square feet: 1,361
Price/Sq Ft: $124
Style: Ranch

Midwest

Pontiac Area: $154,900

Very nice Ranch on Lawrence Way offers 3 BR's, 2 Full BA, & Great Open Concept LR, Kitchen, & Dining. Large LR has a Gas Starter Fireplace, & Kitchen features White Cabinets, Tile Back Splash.

Bedrooms: 3
Total Baths: 2
Square Feet: 1,536
Acres: 0.230
Price/Sq Ft: $101
Style: Ranch

Middleburg Heights, Ohio $153,900

Pride of ownership shows in this 3 bedroom cap cod. Many updates include kitchen countertops and back splash, light fixtures, stainless steel refrigerator and newer ceiling fan. New vanity and flooring in first level full bath. Newer carpet on second level bedroom. Three dormers arched windows, bay window, French doors and sliders in sunroom to create a light filled living space. Coved ceiling in living room, hardwood floors and fireplace. Finished basement with full bath and laundry room. This home is a must see.

Key Facts

Bedrooms: 3
Total Baths: 2
Square Feet: 1,284
Acres: 0.18
Price/Sq Ft: $120
Style: Cape Cod

Southwest

Payson, Arizona: $174,500 

Are you ready for a Remodeled Payson home Bordering Forest for under $175,000? This is it! This beautiful 3 bedroom, 2 bath with Bonus Unfinished basement that would be perfect for the in-law quarters is waiting for you! This home is located in a nice Payson area against Forest and features a large landscaped chain link fenced yard! You'll love the Kitchen features that include Beautiful Hickory cabinets, tile counter tops, tile flooring, Refrigerator, electric stove & dishwasher! The nice sized living room with laminate flooring opens to the dining area, kitchen and of course your deck for mountain views. Your Private upstairs master bedroom features a nice 1/2 bath and sitting area! You'll love the Arizona room that looks out to your fenced landscaped yard and forest!

Key Facts:

Bedrooms: 3
Bathrooms: 2
Square Feet: 1,404
Acres: 0.19
Price/Sq Ft: $124
Style: Two story

Southeast

Brunswick, Georgia: $144,900

You must see the TLC that has been put into this house. It offers an updated interior and exceptional outdoor living space. The home has been updated with granite and back splash in the kitchen, new bathroom vanities, wainscoting, new flooring (NO carpet), a 15X15 patio with a built in grill and fire pit. The yard is totally fenced in with great lagoon views. 

Key Facts

Bedrooms: 3
Bathrooms: 2
Square Feet: 1,424
Acres: 0.53
Price/Sq Ft: $102
Style: Ranch Traditional

Northeast

Westbrook, Maine: $209,900

Key Facts

Bedrooms: 3
Bathrooms: 2
Square Feet: 1,604
Acres: 0.11
Price/Sq Ft: $131
Style: Colonial

Come see this beautiful 3+ bedroom 2 bath house in a quiet neighborhood minutes from Portland. Classic original woodwork throughout. Lots of recent updates & new appliances. 

Looking for your next home in the Livingston County area? Call your Lyons-Sullivan Realty professional today at (815) 842-1400 or stop by our offices at 321 W. Madison Street in downtown Pontiac!

Midwest Real Estate Wraps Up 2015

by Terry Sullivan - Lyons-Sullivan Realty

States throughout the Midwest are enjoying the last of the beautiful fall colors and heading into the holiday season and chillier weather. As the market definitely improved in 2015, many Midwest REALTOR® Association leaders looked forward and then reflected on the past year.

From our very own Illinois Association of REALTORS®:

“The fall housing market has shown little sign that there’s any significant weakening in demand,” said Mike Drews, President of the Illinois Association of REALTORS®. “While we always see a seasonal slowdown this time of year, this month’s numbers were quite strong, and indeed were the best sales numbers for September in a decade.”

In Indiana, an excellent outlook as described by said Brownsburg’s Bruce Bright, 2015 President of the Indiana Association of REALTORS®:

“We expect to be heading into the usual seasonal drop-off, but right now, Indiana’s economy is ranked No. 8 for business climate and No. 10 for job creation in the nation. The Hoosier State’s strong economic position—plus ultra-low borrowing rates—may help soften blows to housing activity linked with the cold season.”

The Iowa Association of REALTORS® encourages buyers to plan for the holidays:

“The low inventory level in many markets continues to shorten the selling process. We reached a new 5-year low with 63 days on market,” stated Jon Yocum, President of the Iowa Association of REALTORS®. “With interest rates still hovering around 4 percent, it is still a great time to sell your home and settle in to your new home before the holidays.”

And in Minnesota, CEO of the Minnesota REALTORS® Association, pointed out that while inventory dipped about 5% this fall, the number of buyers also trailed off with the start of the school year and the impending fall and winter season.

And finally, our neighbor to the north, Wisconsin, weighed in on the state of the market this year: 

“It was a great summer for home sales, and we seem to be carrying that momentum into the fall selling season. This is shaping up to be a very good year if sales continue at this rate,” said K.C. Maurer, Wisconsin REALTORS® Association board chairman.

Interested in selling your home before the holidays? Contact your Lyons-Sullivan Realty professional today. 

Call (815) 842-1400

Click http://www.lyonssullivanrealty.com/

Visit

321 W. Madison Street

Pontiac IL 61764

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