Knox County, OH Real Estate News

By Joe and Sherrie Toth, The #1 Apple Valley Lake Team
(RE/MAX Consultant Group | Apple Valley Lake)
Lake or waterfront property may be a significant investment due to limited supply and high demand.Don't wait! Now is a good time to buy an Apple Valley Lake home. Keep reading to find some tips!Is A Lakefront Property A Good Investment?A lakefront property can be a good investment for several reasons. Many people dream of owning a property with a lake view. Lakefront living has benefits, but it's crucial to consider all factors before buying.1. It can appreciate at a higher rate than a non-lakefront property. This is because waterfront property is scarce and in high demand.2. A lakefront property can be a great source of rental income. Vacationers are willing to pay more for lakefront houses.3. A lakefront property can provide its owner with a unique lifestyle. Wake up each morning to t...
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By Sam Miller, Knox County Ohio Real Estate Specialist
(RE/MAX Stars Realty)
There was a time when top real estate agents and motivated homeowners priced their homes at $199,900 instead of at $200,000.  It was this way for many years and the concept actually originated from the retail sales business where retailers would list and sell a ton more products at $9.99 compared to if they priced the same product at $10.00.  You may be wondering what changed and why is $200,000 a more compelling listing price than $199,900.  I am glad you are wondering this!The internet and real estate websites changed the pricing game in a big way.  Think back to your days in math class and remember the lessons you learned regarding "Greater than, less than and equal to".  Now, think about the last time you were searching for a home online.  Most websites don't have you search a speci...
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By Joe and Sherrie Toth, The #1 Apple Valley Lake Team
(RE/MAX Consultant Group | Apple Valley Lake)
You are on your way, excited to start looking for the home of your dreams. You discover the home-buying process is complex. Buying a home does bring pressure from different directions. It requires enormous effort and careful planning. It is time to take the pressure off yourself! Our home-buying guide is here to help you navigate the home-buying process. This guide is worth checking if you want to buy a home in Apple Valley Lake, OH! Sherrie and Joe have put together some of the best questions to ask yourself before purchasing a home.What Steps Should You Take When Buying A Home?1. Get Started"Am I making this decision based on clear reasons?"Make no rash decisions. Avoid buying a home in a hurry or for the wrong reasons. Ensure you understand best why you're buying a new home. It would...
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By Sam Miller, Knox County Ohio Real Estate Specialist
(RE/MAX Stars Realty)
If you bought a home with less than a 20% down payment you are most likely paying PMI which is short for Private Mortgage Insurance. PMI is an added expense on the majority of conventional homes loans above and beyond the monthly principal and interest payment. If you bought your home with a 5% down payment conventional loan it will typically take between 7 and 8 years for you to pay down your mortgage for you to have enough equity to have your monthly PMI payment removed. For most people who are paying PMI, there may be another way to get your monthly PMI payment removed. The housing market and home values haved increased substantially over the last couple of years and there are a lot of people paying PMI who haven't considered that they may already have more than 20% equity due to the...
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By Sam Miller, Knox County Ohio Real Estate Specialist
(RE/MAX Stars Realty)
I am posting the question "What would you do if your landlord gives you 30 days notice to vacate your rental?". The reason I am asking this question is becaue this exact situation is happening across the United States of America and it has been happening in record numbers over the last 2 years. There are literally thousands of tenants who are essentially being kicked out of their rentals because the landlord has an opportunity to sell that rental home and make a sizable profit. There are even cases where the landlord wants the tenant to move out so that they can lease the home to a different tenant at a much higher monthly rental rate. Are you wondering what is causing this to happen and why some landlords want their tenants to move out? The change in motivation is mostly due to the hig...
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By Sam Miller, Knox County Ohio Real Estate Specialist
(RE/MAX Stars Realty)
Most 1st time homebuyers don't pay much attention to duplex homes or any apartment-style houses in favor of buying a more traditional single-family home. Many real estate agents have never owned a duplex or multi-family home before and I am betting very few approach the idea of buying a multi-family home as a first real estate purchase. Just because buyers aren't asking about duplex listings doesn't mean a duplex or multi-family home wouldn't be a good fit for them. Over the years the buyer's parents loved the idea of a duplex being their childs starter home. The key is understanding the motivation and goals of the buyer because being a landlord isn't for everyone.You may be asking yourself "Why would I want a duplex or multi-family home instead of buying a single family home as my firs...
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By Sam Miller, Knox County Ohio Real Estate Specialist
(RE/MAX Stars Realty)
Automated home value systems are all over the internet these days and there are a lot of homeowners who have been misinformed about the value of their home because of these types of automated systems. If you were to enter your home street address into the 5 most popular automated value model websites I would bet that the difference in value that these websites predict would vary by more than 10% from the lowest to the highest. We have seen some of the estimated values have a 30% difference between the highest and the lowest estimates especially in zip codes 43028 and at the Apple Valley lake in Knox County Ohio. The bottom line is that these websites aren't something you should count when it comes to determinting what your home would sell for in the current housing market.Most of the AV...
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By Joe and Sherrie Toth, The #1 Apple Valley Lake Team
(RE/MAX Consultant Group | Apple Valley Lake)
We all come across big decisions in life, and buying a house is one of them. When we first gain the opportunity to buy our own home, it feels like we should have an extensive checklist.There is a lot to remember, but listing things to consider can help with the process. All the more nerve-wracking if you’re looking for a home in Apple Valley Lake as the perks of living here could get your toes curled.The home buying process in Apple Valley Lake should be exciting and not stressful. From hiring a home inspector to finalizing your budget and financial situation, we have helpful tips to ensure getting that dream home will be a breeze.Tips to Consider When Buying Your First HomeEveryone dreams of getting their own home. It will always be challenging if there comes an opportunity to achieve ...
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By Sam Miller, Knox County Ohio Real Estate Specialist
(RE/MAX Stars Realty)
Video:  Are home prices coming down?Buyer demand and home value appreciation in 2020 and 2021 were the highest that I have ever experienced during my 36 years in the real estate industry.  There are many reasons why the housing market skyrocketed, but there are two reasons that really stand out above the others.   Record low mortgage interest rates made buying a home MUCH more affordable, and that enabled buyers to purchase higher valued homes without feeling the financial pinch because with low mortgage rates came low monthly payments on premium-priced homes.  A limited supply of available homes combined with record-setting buyer demand not only drove up home prices and many of the homes for sale received multiple offers and a substantial number of those homes sold above their asking p...
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By Joe and Sherrie Toth, The #1 Apple Valley Lake Team
(RE/MAX Consultant Group | Apple Valley Lake)
Many people often have big dreams, and one of these is usually to be able to buy a home. But at the same time, a plan as big as this also warrants high costs. No matter who you might be, saving money on a big buy like home is part of the dream.Saving as much as possible and getting your pre-approval are just a few tips Apple Valley Lake homebuyers should remember. Other lesser-known secrets like realizing that timing the market doesn’t work or learning the workings of biddings are also different ways to save a few bucks.For many Americans, paying for homes has been getting harder and harder. As the housing market continues to grow, so does the demand. Higher demands mean higher prices. While this goes on, finding alternatives to save money wouldn’t hurt. All of these tips below will be ...
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By Joe and Sherrie Toth, The #1 Apple Valley Lake Team
(RE/MAX Consultant Group | Apple Valley Lake)
Apple Valley Lake is a beautiful community in Ohio. It offers a variety of great neighborhoods to live in and invest in. The lake itself is a big draw for residents. It provides opportunities for fishing, swimming, boating, and other activities.  There are also plenty of trails for hiking and biking, and the scenery is simply stunning.The best neighborhoods to invest in around Apple Valley Lake are Mount Vernon, Fredericktown, Gambier, and Danville. All these areas have something unique to offer visitors and residents alike. Each of these neighborhoods offers something different. They all provide an enjoyable experience for those living nearby. Whether you're looking for history, culture, or a relaxing time outdoors, these neighborhoods have it. Apple Valley Lake, OH, offers a lot. The ...
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By Joe and Sherrie Toth, The #1 Apple Valley Lake Team
(RE/MAX Consultant Group | Apple Valley Lake)
Apple Valley Lake is among the best private lake communities in Central Ohio.  Apple Valley Lake, OH offers its residents an idyllic landscape, a serene neighborhood, and an active lifestyle. Thanks to this, it has become one of the most sought-after locations in Ohio, appealing to families raising their kids or senior citizens looking for a retirement house. If you’re selling an Apple Valley Lake, OH home, you can maximize your profit by understanding the local market to determine their needs and preferences. This will also help you find the appropriate sale price and the time to sell your property. Scheduling an inspection will also help you discover if your property needs any repairs before listing it for sale. You should also find out more about contract contingencies, as these are ...
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By Joe and Sherrie Toth, The #1 Apple Valley Lake Team
(RE/MAX Consultant Group | Apple Valley Lake)
Many home sellers get anxious during the home inspection process. No seller wants their deal to fall through. No one wants to be burdened with the cost of repairs of contingency requests from buyers. Fortunately, there are many things a seller can do to prepare for an inspection.One of the most common tips before a home inspection is to learn how inspectors operate and think. Another thing a seller can do before a home inspection in Apple Valley Lake is prepare everything in advance. As a seller, note that the process involves taking care of every issue ahead of time for inspectors to complete their job.In selling a home in Apple Valley, OH, a home inspection is one of the biggest hurdles a seller can face. To understand precisely how to have your home in the best possible condition bef...
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By Sam Miller, Knox County Ohio Real Estate Specialist
(RE/MAX Stars Realty)
The setting and view from this property are one of a kind and it features 3 full-size Apple Valley lots that combined measure nearly an acre.  The home was built by Roy Schlabach and it still has a like-new feeling inside and out.  If you appreciate a home with extras and bonus features you are in for a real surprise with this property - $350,000 Overlooking Bennett Park and the pond Outdoor fire pit perfect for relaxation & fun Wonderful deck, patio & covered front porch You can watch the fireworks from your deck Sled ride from the edge of your backyard Great room design with 4 bedrooms, 3 baths Owner's suite with private bath and & walk-in  Schrock of Walnut Creek Kitchen with Island Desirable main level laundry / mud room area Finished walkout lower level with lots of storage Spaciou...
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By Christopher Lotte, Central Ohio Real Estate Agent, 614-390-9243
(Red 1 Realty)
Apple Valley LakeFairway Hills Howard Market Update April 2022 Active Listings: Total Listings: | Average List Price: $ | Average SQFT: | Average Price Per SQFT: $ | Average Taxes: $ | Average DOM: In-Contract Listings: Total Listings: | Average List Price: $ | Average SQFT: | Average Price Per SQFT: $ | Average Taxes: $ | Average DOM: Sold Listings: Total Listings: 0 | Average List Price: $0 | Average SQFT: 0 | Average Price Per SQFT: $0 | Average Taxes: $0 | Average DOM: 0 There are currently homes for sale in Apple Valley LakeFairway Hills Howard Ohio. The Average list price for the Apple Valley LakeFairway Hills Howard homes is $ and the Average SQFT for the homes in Apple Valley LakeFairway Hills Howard is SQFT which comes to an Average of $ per SQFT for Active homes for sale in A...
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By Christopher Lotte, Central Ohio Real Estate Agent, 614-390-9243
(Red 1 Realty)
Apple Valley Lake Baldwin Heights Sub Howard Market Update March 2022 Active Listings: Total Listings: | Average List Price: $ | Average SQFT: | Average Price Per SQFT: $ | Average Taxes: $ | Average DOM: In-Contract Listings: Total Listings: | Average List Price: $ | Average SQFT: | Average Price Per SQFT: $ | Average Taxes: $ | Average DOM: Sold Listings: Total Listings: 0 | Average List Price: $0 | Average SQFT: 0 | Average Price Per SQFT: $0 | Average Taxes: $0 | Average DOM: 0 There are currently homes for sale in Apple Valley Lake Baldwin Heights Sub Howard Ohio. The Average list price for the Apple Valley Lake Baldwin Heights Sub Howard homes is $ and the Average SQFT for the homes in Apple Valley Lake Baldwin Heights Sub Howard is SQFT which comes to an Average of $ per SQFT fo...
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By Joe and Sherrie Toth, The #1 Apple Valley Lake Team
(RE/MAX Consultant Group | Apple Valley Lake)
Buying a house is perhaps one of the most thrilling moments of your life. It's where you'll raise your children, celebrate Thanksgiving with your extended family, and make a lifetime of memories. So it’s not surprising that many homebuyers make mistakes. You will save money and avoid stress in the long run if you make an effort to avoid these typical mistakes.A common mistake is falling in love with the first property you see and failing to look at others. Another common dilemma is signing paperwork without properly reading it or having everything double-checked by your Apple Valley Lake real estate agent. When you fail to avoid these mistakes, it transforms delight and enthusiasm into exhaustion and regret.You may find yourself second-guessing your judgment because there are so many th...
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By Christopher Lotte, Central Ohio Real Estate Agent, 614-390-9243
(Red 1 Realty)
Apple Valley Lake Howard Market Update January 2022 Active Listings: Total Listings: 8 | Average List Price: $381,399 | Average SQFT: 1,595 | Average Price Per SQFT: $381 | Average Taxes: $4,228 | Average DOM: 18 In-Contract Listings: Total Listings: 1 | Average List Price: $199,444 | Average SQFT: 1,688 | Average Price Per SQFT: $199 | Average Taxes: $2,166 | Average DOM: 13 Sold Listings: Total Listings: 0 | Average List Price: $0 | Average SQFT: 0 | Average Price Per SQFT: $0 | Average Taxes: $0 | Average DOM: 0 There are currently 8 homes for sale in Apple Valley Lake Howard Ohio. The Average list price for the Apple Valley Lake Howard homes is $381,399 and the Average SQFT for the homes in Apple Valley Lake Howard is 1,595 SQFT which comes to an Average of $381 per SQFT for Active...
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By Joe and Sherrie Toth, The #1 Apple Valley Lake Team
(RE/MAX Consultant Group | Apple Valley Lake)
Buying a home can feel daunting under “normal” circumstances, and it might feel even more overwhelming during a pandemic. So here’s the good news: while a few details in the buying process have changed, the overall process remains the same. However, it will help to be prepared to make the right purchase and make your dream home a reality.Here are 7 tips for buying Apple Valley Lake, OH homes for sale: Save and allot funds for the down payment and closing costs. Determine how much you can afford. Conduct your research on the market and seller. Improve your credit score and debt to income with the aid of a loan professional. Check the health of the HOA, School rating, and proximity of shopping, airports and major highways. Be patient for the right home to come available. Hire a local Real...
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By Christopher Lotte, Central Ohio Real Estate Agent, 614-390-9243
(Red 1 Realty)
MT Vernon Mount Vernon Market Update January 2022 Active Listings: Total Listings: | Average List Price: $ | Average SQFT: | Average Price Per SQFT: $ | Average Taxes: $ | Average DOM: In-Contract Listings: Total Listings: | Average List Price: $ | Average SQFT: | Average Price Per SQFT: $ | Average Taxes: $ | Average DOM: Sold Listings: Total Listings: 0 | Average List Price: $0 | Average SQFT: 0 | Average Price Per SQFT: $0 | Average Taxes: $0 | Average DOM: 0 There are currently homes for sale in MT Vernon Mount Vernon Ohio. The Average list price for the MT Vernon Mount Vernon homes is $ and the Average SQFT for the homes in MT Vernon Mount Vernon is SQFT which comes to an Average of $ per SQFT for Active homes for sale in MT Vernon Mount Vernon. The Average DOM for homes for sale ...
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