Clay Lee

Broker/Realtor®

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Clay Lee

Broker/Realtor®

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Archive for May, 2010

Summer Home Sales Examined

spring-texas-real-estate-marketThe good news is, 2010 is off to a positive start according to sales data for Bryan/College Station after this quarter. After the rough year that was 2009, this year’s numbers are garnering an optimistic view for remaining months.  The refreshing numbers are due in part to beginning economic recovery and an increased confidence in the market. Of course, a huge contributing factor is the Homebuyer’s Tax Credit, which provided tax incentives for those intending to purchase a home.

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Don’t Miss this Immaculate Home!

100_1738Dreaming of Golf Course views in stunning Pebble Creek?  You owe it to yourself to check out 1009 Muirfield Village.  This exceptional, custom-built home is where true beauty meets functionality.   This home was built to last with amazing energy efficiency upgrades, including 6″ stud interior walls.  The flowing floorplan of this 4 bedroom, 2.5 bath includes dual living areas that share a fireplace, extensive hardwood floors, enormous bedrooms, and a cook’s dream island kitchen. 

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New High School for College Station I.S.D.

layout_01 The city of College Station and College Station I.S.D. have been in the talking, planning, and finally the implementing stages of the newest addition to the C.S.I.S.D. system.  Plans for a new high school, which have been underway for approximately a year, are nearly complete.  Announcements have been made during bond updates that construction is set to begin sometime this summer, and as early as May. 
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Home Wiring Projects

Spring is the time when most homeowners begin thinking about cleaning, do-it-yourself (DIY) projects, and remodeling.  Most of us here in Bryan/College Station would like to take care of these projects before it gets too hot to think.  But before you rush into anything, consider checking with professionals before you tackle a home wiring  project.  Mistakes can be costly, or even deadly. Install-a-Ceiling-Fan-af

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Is it Time for an Upgrade?

energy starYou’ve had the appliances in your kitchen forever.  For the most part, they are in pretty good shape and serve their purpose.  Why worry about budgeting for an upgrade?

Homeowners often forget the impact inefficient appliance have on their power bills.  For instance, replacing a refrigerator made before 1993 with a new, Energy Star-rated model could reduce your yearly electricity costs by $65-$100.  And with the hot, Brazos Valley summer quickly approaching, what better time to take a look at your air conditioning unit?  Additionally, rebates are currently being offered by the federal stimulus bill to provide further incentive for replacing old appliances with energy-efficient alternatives.

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U.S. Commercial Real Estate Behind on the Mortgage

The average Brazos Valley resident has experienced at least some of the effects of a weak economy over the past couple of years.  However, these effects have finally trickled their way up and become evident in the realm of commercial real estate.  Commercial real estate refers to buildings or land intended to generate a profit; there are five types of assets in CRE: Multi-family (condos, large apartment complexes – of which we have many for the TAMU college students in town); Retail (malls); Office (businesses); Industrial (factories, warehouses); and Lodging (hotels, motels).

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The Facts on Flooding in the Brazos Valley

floodsWhile it is somewhat relieving to know that homes in the Brazos Valley are not located in a mapped floodplain, it may cause homeowners in our area to feel over-confident about their lack of risk.  And that can be a costly mistake.  For example, about 70% of the 2,300 homes that flooded in West Harris County last April were not in a mapped flooplain.  Additionally, 65% of the area that flooded during Tropical Storm Allison in 2001 was not in a mapped floodplain.  And those are our Houston neighbors, less than 100 miles away.

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When Should I List My Bryan College Station House for Max Dollar Potential?

As a realtor, I’ve had plenty of my friends and neighbors ask me this question.  And especially during uncertain economic times, homeowners interested in selling have been tentative.  However, the reality is that now is the best time to put your home on the market.  Statistics for the Bryan/College Station region have remained mostly steady for the past few years.

The good news, according to 2010 MLS residential data surveys, is that: 

sold-sign-home-for-sale

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Stunning home – 900 Winged Foot Dr.

Every inch of this  fantastic Georgian style Golf Course Lot home, located in Pebble Creek, is exquisite.  You will fall in love – from the minute you enter the wide open living room, until you reach the sprawling backyard with outdoor patio.065

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General Electric Unveils Light Bulb of the Future

GE has revealed its new 40-watt LED bulb that will last 25 times longer than traditional bulbs (which are being phased out in the United States).

The bulb is part of GE’s Energy Smart line and is produced to last 25,000 hours compared to the typical 1,000-hour lifespan of incandescent bulbs.  When used for three hours a day, the new LED bulb will last for 23 years; used for four hours a day it will last an impressive 17 years.

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