Siena at Branson Hills Is Shaping Up Nicely

While I was out and about on Sunday, I toured Siena at Branson Hills for the second time.  A lot of progress has been made and the development is really coming together.  The roads are in and a handful of models are nearing completion.  List prices start in the mid $300,000s, which seems reasonable for an active adult community that sits right in the middle of the newest master planned community in the area, Branson Hills.

The thing I like best about Branson Hills is the fact that it is  nearly all completed.  I know this might sound strange to out-of-area buyers, but so many developers promise the moon and the sky and simply don’t deliver.  With the Villas already complete, the RecPlex already open,  Eagle Bunker Condos finished, and the $30 million Payne Stewart Golf Club ready for play it is obvious that the developers of Branson Hills know how to plan, design, and complete large scale communities.

So if you are in the market for a low maintenance home in the newest area of Branson, with common sense protective covenants and a great architectural look, Siena at Branson Hills might just be the place for you!  Follow the link ( Branson Mo Homes for Sale — Siena at Branson Hills ) to one of home listings in Siena.

Slideshow image

9 Tips To Ready Your Home For Sale

When selling a home in a “buyer’s market”, you need your home to stand out. Since Branson is a very competitive market, the following 9 low-cost tips will help your home stand out:

1. Buy a new doormat
2. Put a fresh coating on your driveway (assuming its asphalt)
3. Clean your gutters
4. Edge the grass around your sidewalk and driveway
5. Put new doorknobs on your doors
6. Make sure toys and nicknacks are put away
7. Buy a new mailbox
8. Steam clean carpet
9. Finish honey-do lists that have been put off

If you would like more tips on getting your home ready for sale, give me a call at 417.337.1627 and we can discuss how to get top dollar for your home in a challenging market.

What to Know Before Buying a Condo

Before you pull the trigger on a condo you think is a great buy, there are a few things you need to consider. Among these is a condo resale certificate. This document is issued by the homeowners association which states their current financial condition, bank balance, planned projects (if applicable), and other information you need to be aware of before you obligate yourself to paying a pro rata share of these costs.

If the condo is in a newer development still controlled by the developer, you need to make sure the condo development is “warrantable”, which means that the development meets certain criteria as deemed by most banks that would make loans or refinance loans in the development. These criteria include what percentage of planned units are completed, if planned amenities are completed, what percentage of completed units are sold, whether or not there is a nightly rental program run by the developer, and other information the banks and their risk managers deem pertinent to making loans that will have sufficient collateral in the event of default.

In conclusion, make sure of what you are buying before pulling the trigger on your dream condo. Give me a call at 417.337.1627 with any questions!

Taneycomo Bridge Moving Forward

Though its not exactly breaking news anymore, the double bridge system over Lake Taneycomo is going forward in the near future. This is great news for residents of East 76, T Highway, and Kirbyville who have waited in hours upon hours of traffic simply trying to cross the darn lake during peak hours. This should have a positive impact on values in those areas. Also, the fact that there is now a grocery store in that vicinity (Sunfest) and that the Coon Creek road project will further benefit the area by allowing more expedient access to Hollister is going to be a boon for the area. It’s great when county planning finally catches up with the needs of area residents.

Branson Industrial Park Infrastructure Being Installed

Though the project was started well before the market corrections of late 2008, the Branson Industrial Park is still under construction. Located off highway 248 at Buena Vista Drive, the Park features a huge inventory of commercial lots (at least by area standards) as well as 180 residential lots tucked away on beautiful winding streets at the northwest corner of the property. Though it may seem counterintuitive, now may be a good time to pick up some developed lots at a bargain price. If you are looking to take advantage of the dislocation of supply and demand fundamentals, give me a call and we’ll see what deals are out there. 417.337.1627.

Radon Becoming A Growing Concern

In years past, the presence of radon was not even considered when purchasing a home in the Ozarks. In the past year though, the concern over this deadly element is becoming of greater concern, adding yet another cost to buying a home in the form of radon testing which ranges from $150 – $300. This cost can be negotiated, but generally if the buyer wants it the buyer pays for it. Also, if you are building a new home here in the area, it is significantly cheaper to build in a radon system at construction than to go in and retrofit later. If you have questions about this issue, give me a call at 417.337.1627.

New Fall Creek Extension Finally Completed

Now that the City of Branson has opened the Fall Creek Extension from the Fall Creek Road / 76 junction to the Epps Road / Roark Valley Road, traffic flow in the area seems to be improved. Especially for homes on Fall Creek or down by Pointe Royale, this is exciting news — as they can now get to the north side of town in considerably less time. This should increase the pool of buyers that otherwise would not have been interested in driving the 20 minutes it used to take to get to the north side of town. Chalk it up as a win for Branson, Mo and area homeowners.

New Home Buyer Tax Credit Fueling Area Sales

While I generally like to make posts that include statistics to back up my assertions, I just had to opine that the area is abuzz with buyers looking to purchase their first homes, most of which are under the $135,000 range. In talking with other agents this morning, it is now very clear that this is by far the most active segment of the market. Though this assertion is purely anecdotal, we will get sales reports by the end of the month and I will write a follow up post to document the exact figures.

Fueling these sales are near no-money-down programs being sponsored by the USDA, FHA, and other governmental agencies. Buyers have been getting into homes with as little as 3% down, and have been having sellers cover closing costs (which can even include rolling outstanding credit card balances into the home loan, believe it or not!).

The majority of the buyers are young couples with steady employment that may have been priced out of the market a few years ago, but who now are in a great position as values fall and homes can be bought for under replacement value in some cases (meaning a builder could not construct the home for less than what buyers are buying them for). These deals cannot last forever, as supply and demand are getting much more closely aligned in the area, especially in the low $100,000 range — where there was not a huge run up in prices to begin with.

Already the amount of very desirable homes in this range has been drastically reduced as buyers closed before the old tax-credit deadline of November 30. Now that the first time home buyers tax credit has been extended to late next spring, there should be even more action in this range, which means buyers should take advantage now to get a great home at a good price — as many of the best homes will have been purchased by next spring.

If you would like more information about some of the great deals to be had for first time homebuyers, give me a ring at (417) 337 – 1627.

More Affordable Inventory Getting Ready to Hit The Market

starter home

Just as Congress and President Obama decided to extend the first time home buyer’s tax credit, a few local builders and developers look poised to start building again.  A new subdivision in the middle of Branson (off Shepherd of the Hills Expressway) is now selling homes and it looks to be a great place to purchase an affordable home that’s still convenient to all that Branson has to offer.  Call 417.337.1627 if you would like more information about homes under $150,000 in Branson or about Audubon Place specifically.