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Nancy Rodda, PA
813-331-5521813-331-5521

Archive for the ‘General’ Category

JUST UNDER $6,000,000 IN SALES!

January 10th, 2018 by Nancy Rodda, PA

Lifestyle Tampa Bay

STATS ARE IN! From Dec 2016-Dec 2017, I closed 17 residential transactions totaling $5,964,300. Thank you to my awesome clients, wonderul family and fantastic brokerage, Pineywoods Realty.

Who is next? Please reach out if you are looking to buy or sell in the new year!http://www.closewithnancy.com/lifestyle/

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Vacant Home Staging on a Budget 101 By: Nancy Rodda

February 2nd, 2017 by Nancy Rodda, PA

Selling a vacant home can sometimes be a challenge. A vacant home can seem cold, uninviting, and dare I say….unloved.  With no furniture to give scale, spaces seem smaller than they truly are and minor imperfections such as a scratched wood plank, a chipped tile, a scuffed wall suddenly become a focal point and distract buyers from the big picture. Undefined spaces such as lofts and bonus rooms can leave buyers at a loss for how to make use of the space. When professional staging of a home is not in the budget , here are a few inexpensive tips that will make your vacant property feel warm and welcoming to prospective buyers….make it feel like HOME.

1. Fresh paint is a must, especially when a home is vacant because every nail hole, dirty hand print, and dusty fan blade will be all the buyer sees if you don’t. Trust me, I speak the truth. The good news: at around $25 per gallon of paint, this task will hands down give you the most bang for your buck if your willing to put in some sweat equity. I know you love your hot pink bathroom and that fantastic animal mural in the living room…..but the color of the day is Greige. Yes, Greige. You can’t go wrong if you land somewhere on the Grey to Beige spectrum, so roll up your sleeves and get to work!

2. First impressions are everything and you don’t get a second chance to make one! A pressure washer is your new best friend. For a nominal fee, you can rent one and for only slightly more, you can hire someone who has one! You will be amazed at how great your driveway and exterior of your home can look after a little wash down. Also, when is the last time you mulched? At around $2 a bag, fresh mulch will make your landscaping pop….and I speak from experience when I say that carrying the 10 to 20 30lb bags required to mulch a small garden is an excellent work out! Dead plants, weeds, cobwebs, trash of any kind….get rid of it all, no exceptions.If you know any Cross Fitters, just invite them over to the mulching and weeding party for their WOD!

3. Does your entrance say “WELCOME HOME”. Literally, does it? This is your chance to “Have them at Hello”. Brightly colored door mats with inviting words can plant a seed with prospective buyers and also make the entrance fresh. Time to get rid of that shredded, dirty and tired door mat that has seen far too much. Sports fans, I know you love your FSU Seminole door flag…..but that may be enough to make a UF Gator turn around before even entering….so pack it up and hang it at your new abode! If you have an entrance patio, purchase a couple inexpensive patio chairs ($15 ea), a bright throw pillow ($5 ea), area rug ($20-$40ea) and some potted plants ($5 to $15 ea).

4. Now the buyers are inside and greeted by an empty and echoing home. You know all those dim, energy efficient lights that have kept your electric bill fantastically low, saved the environment and made you look 10 years younger? Swap them out for super bright energy zapping spot lights that make your home say “Look at how light and bright and beautiful I am”! I’m not saying to do this with all of the lights, but definitely in strategic areas such as the entrance foyer, kitchen, stairs, hallways and other areas that may not get much natural light. No need to recycle, you can be nice and leave the energy efficient ones in the closet for the new buyer :). And open the blinds. Personally, I like them completely raised and open for showings unless the view could distract focus from the home….such as the next door neighbor working on their tan lines.

5. Kitchen and bathrooms. Anyone ever heard the old saying that Kitchens and Bathrooms sell homes? I’m pretty sure there is something to that. So, head to your local bargain store and get some brightly colored towels ($6 ea), floor mats ($15 ea), and a few simple accent pieces such as jar of assorted jelly beans (under $10) for the kitchen or some luxurious hand soap ($5ea) for the bathrooms. Why brightly colored you ask?…Because you need to balance all that beautiful neutral GREIGE with a pop of color so the home is neutral but not sterile.

6. And lastly, what to do with those lonely and sometimes confusing vacant living spaces? I suggest a story board for each room. Go on-line to sites like Pintrest, Houzz, IKEA and find similar furnished rooms and spaces. Make a collage of your findings (obeying copyright laws of course) and hang a story board in each space. This will not only help your buyers visualize how to use the space, it will have the added value of bringing some color to each room as well as giving a focal point to each room.

Got it? I expect that you will all go forth and excel! I’m out there showing properties all the time and I’ll be watching to see if you have listened!

By the way, I did the staging pictured above for under $150. The $40 patio rug was a splurge but worth every penny! Which home would you choose?

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West Euclid Avenue: A Local Resurgence of Mid-Century Sensibility?

January 5th, 2017 by Nancy Rodda, PA

Mid-Century RenoOver the past 2 years, it seems that everywhere you look in our local South Tampa neighborhoods, large new construction homes are popping up where modest older homes once stood.

On a recent jog around South Tampa, I noticed something interesting- on W Euclid Ave where multiple 3,000+ SF new construction homes have recently sold, there are currently 4 mid-century homes under 2,000 SF that are not being torn down, but renovated.

Are land values on this particular street reaching a point where it is no longer profitable for builders to tear down and build? Are homeowners opting for more affordable smaller homes as the sold price per square foot continues to increase to close to or even above the “peak” pricing we saw in 2006/2007? Or, perhaps buyers are shifting to valuing more green space and 3,000+ SF homes leave little green on 5,000 square foot lots when built where bungalows once were?

Only time will tell, but as a fan of mid-century design principles, I’m excited to see some of these lovely 1950’s homes restored to their former glory and enjoyed by generations to come!

 

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SOLD. $489,000. Grand Central at Kennedy Unit 1116

August 1st, 2016 by Nancy Rodda, PA

2016-07-28 1120 E Kennedy Blvd 1116 Tampa-141SOLD. $489,000. $312+ Per Square Foot!

One-of-a-Kind Luxury Awaits. Completely updated and located in the heart of the Channel District, this high floor corner unit features breathtaking unobstructed 180+ degree views of Downtown and beyond. With beautiful french oak hardwood flooring throughout, an elegant foyer opens to a 50+ foot expanse of floor to ceiling windows with smart device controlled motorized blinds to filter natural light. Ideal for entertaining, the chef’s kitchen boasts newly refinished custom wood doors, Viking appliances, gas range, wine cooler, granite, and oversized island. A sliding glass door leads to a 100 SF balcony perfect for enjoying fresh air and gentle breezes as the sun sets to the West or rises in the East. The glass wall continues in the master allowing for stunning views of the sunset and illuminated city skyline. The master also features a large walk-in closet with custom closet system, ensuite bathroom with new frameless shower enclosure, new premium floor to ceiling 24×12 porcelain tiles with glass inlay accents, double vanity with custom refinished wood doors and linen closet. The large 2nd bedroom hosts expansive northern views, large walk in closet with custom closet system, adjoining newly updated full bath. Building amenities include a heated pool, fitness center, spa, dog walking area, 24 hour security, concierge. If you venture from this urban oasis, Tampa’s finest dining and entertainment is just steps away. Includes 2 reserved parking spaces and separate storage unit.Hurry, this home won’t last!

Take a virtual tour – http://tinyurl.com/znhawfx

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Tampa shows off its Riverwalk

July 7th, 2016 by Nancy Rodda, PA

“We Built This: The Riverwalk Edition” features drone’s-eye views of Tampa’s downtown waterfront, Curtis Hixon Waterfront Park, Garrison Channel and the Riverwalk as it passes behind Amalie Arena. By this afternoon, the video had been watched more than 39,000 times since being posted to the official City of Tampa Facebook page on Tuesday.

Original story by Christopher Spata, Tampa Bay Times Staff Writer

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Pending Home Sales at 10 Year High

May 27th, 2016 by Nancy Rodda, PA

Interesting and relatable article released by NAR and Florida Realtors:

“Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to the National Association of Realtors® (NAR).

All major regions saw gains in contract activity last month except for the Midwest, which saw a meager decline.

The Pending Home Sales Index – a forward-looking indicator based on contract signings for homes that have not yet sold – hiked 5.1 percent higher to 116.3 in April from an upwardly revised 110.7 in March. Year-to-year, it’s 4.6 percent above April 2015 (111.2).

After last month’s gain, the index has now increased year-over-year for 20 consecutive months. Vast gains in the South and West propelled April’s pending sales in April to its highest level since February 2006 (117.4), says Lawrence Yun, NAR chief economist.

“The ability to sign a contract on a home is slightly exceeding expectations this spring, even with the affordability stresses and inventory squeezes affecting buyers in a number of markets,” Yun says. “The building momentum from the over 14 million jobs created since 2010 and the prospect of facing higher rents and mortgage rates down the road appear to be bringing more interested buyers into the market.”

Mortgage rates have remained below 4 percent in 16 of the past 17 months, but Yun says it remains to be seen how long they will stay this low. Along with rent growth, rising gas prices – and the fading effects of last year’s cheap oil on consumer prices – could edge up inflation and push rates higher. For now, Yun foresees mortgage rates continuing to hover around 4 percent in coming months, but inflation could potentially surprise the market and cause rates to increase suddenly.

“Even if rates rise soon, sales have legs for further expansion this summer if housing supply increases enough to give buyers an adequate number of affordable choices during their search,” adds. Yun.

Following the housing market’s best first quarter of existing-sales since 2007 (5.66 million) and a decent increase (1.7 percent) in April, Yun expects sales this year to climb above earlier estimates and be around 5.41 million – a 3.0 percent boost from 2015. After accelerating to 6.8 percent a year ago, national median existing-home price growth is forecast to slightly moderate to between 4 and 5 percent.

Pending sales in the Northeast climbed 1.2 percent to 98.2 in April, and are now 10.1 percent above a year ago. In the Midwest, the index declined slightly (0.6 percent) to 112.9 in April, but it’s still 2.0 percent above April 2015.

Pending home sales in the South jumped 6.8 percent to an index of 133.9 in April – 5.1 percent higher than last April. The index in the West soared 11.4 percent in April to 106.2, and it’s now 2.8 percent above a year ago. “

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Shipping Container Homes

March 29th, 2016 by Nancy Rodda, PA

In recent months, it is hard not to notice the Modern Design movement happening throughout Tampa BaySunDogPic in both commercial and residential applications. The Tampa Museum of Art is a stunning embodiment of a Modern Architecture right here in Downtown Tampa. There is a new movement that is bringing modern design to a new level with some “inside the box” thinking and the use of shipping containers to create the ultimate Live, Work, Play space. Next time your at the Amalie Arena, take some time to check out Ferg’s Live new bar and courtyard created from recycled shipping containers. In Pinellas Park, the Beax Arts Center has been transformed into an Artist Studio and 2 bedroom Loft, using 7 recycled shipping containers to make a sleek, modern and stylish Live, Work, Play space. The picture is a concept design for a Townhome project constructed from multiple shipping containers and centrally located in St. Petersburg just minutes away from both downtown and the beaches. With over 1,900 SF of open plan living, these luxurious homes are a game changer! Contact me for more information.

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Tampa/Hillsborough Market Report 2015

January 22nd, 2016 by Nancy Rodda, PA

According to a recent report detailing 15,915 Single Family Homes in Tampa/Hillsborough County that sold in 2015, 27% were all cash, 39% conventional, 17% FHA, and 10% VA. 11% were $0-$99K, 36% $100-$199K, 29% $200-$299K, 24% $300K-$999K and 1% over $1 million K. Over 60% of the market share sold in the $100-300K range.

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South Tampa Market Spotlight 33629, 33606, 33609

October 6th, 2015 by Nancy Rodda, PA

Of the 414 Active/Pending Single Family Home listings in Multiple Listing Service (MLS) between Kennedy and Euclid (33629, 33606, & 33609), only 7 are listed under $200K. The average Active/Pending pricing in this same area is $646,147 or $237 a Square Foot. Home buyers who still want all the convenience that South Tampa has to offer without the high price tag can find homes between Cypress and Kennedy selling for average of $205,000 or $139 a Square Foot. In fact, 11 new construction homes have been sold between 2014-2015 in this area…all with over 2,000 SF of heated living space and an average sale price of $357,731 or $164 a Square Foot. If you are an investor or a home buyer looking for a deal, I would definitely keep my eye on this part of 33609 in the coming year. This area is centrally located and in close proximity to shopping and dining. In addition, for those with high-school aged members in their household, parts of this area are currently zoned for the top rated Plant High School District.

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It’s Good to Be the King/Queen. Sellers, Strike While the Iron is Hot! South Tampa 33629, the time is now!

September 3rd, 2015 by Nancy Rodda, PA

In Sunset Park, Bel Mar Shores, Palma Ceia (South Tampa Zip Code 33629), the year over year average total sold price increased 33.29% from June 2014-2015 from $474,668 to $632,681! 33.29%. Yes, that is not a typo, 33.29%. Can we sustain this type of growth? Only time will tell, but for now, it is great time to be a home owner in 33629!

Sales stats from all of Hillsborough County are not looking too shabby either…..and by not too shabby, I mean FANTASTIC! June 2014-2015 median sale price rose 12.6% year-over-year for Single Family Homes in Hillsborough County while median days on the market decreased 20.4% year over year (meaning homes are selling fast). Not too many investments can claim 12.6% year over year gains!

Maybe you bought at the peak of the market and have been waiting for the right time to sell? Maybe you bought at the bottom of the market and are thinking of trading up? In this seller’s market, there is no time like the present! With inventory low and demand high, a right priced, well marketed/staged, turn key property barely makes a debut on the market before going under contract with back-up contracts in tow.

Buyers, don’t get discouraged, in this market, you just need to know what you want and be ready to act when you find it. As I’ve mentioned before, sleeping on it may not be an option.

Thinking of selling? Just curious about what your home may be worth? Thinking of buying? Wondering what your monthly rent will buy you? Give me a call, I’m here for you. Nancy Rodda, PA REALTOR.

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About Nancy Rodda

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Nancy Rodda, PA

REALTOR

nancy@closewithnancy.com

813-331-5521813-331-5521 office

REALTOR, Pineywoods Realty

Remodeling and Home Design

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