Home Types And Styles

The real estate market in this area has as much variety as any place in the country. Our market started over 200 years ago and hasn't slowed since. Below are a variety of styles and a brief description of what you will see when you tour homes.

Builders and home owners bring their favorite style from other parts of the country and add to the mix is styles available in our real estate market.

The following are a few varieties of homes you will find in this market:
 

The Colonial The ever popular Colonial is the home of choice for most new home buyers and builders. It offers more square feet for the foot print than any other style. The Colonial home is the proper description for any two level home. The Colonial may have a basement. Most in this market do have basements.
		The Rambler (Rancher) The Rambler is the classic one level home that has been constructed in all communities for over 100 years. Recently, with the rising cost of land, fewer Ramblers have been constructed, making the resale market very attractive for these homes. The Rambler or Rancher is a one level home that may have a basement.
Split Foyer The split foyer is a very popular style with builders. Characterized by the foyer entrance with steps up to the mail level and steps down to the lower level, the Split Foyer can be constructed completely on a slab with little to no excavation costs. The Split Foyer is a two level home with the upper level always finished. The lower level may be finished.
		Split Level The Split Level home was popular and built mostly during the 1960-1970s. They are still popular as resale homes. The come in 3-5 levels with 3 levels above the ground. Lower levels may or may not be finished.
The Cape Cod The Cape Cod, identified by the front sloping roof, has been around for over 100 years. The style came from New England and has remained a popular home style. Many families building large custom homes will select the Cape Cod style because of the warm, inviting ambiance it offers. The Cape Cod is a two story home and may have a basement.
		The Townhouse These are wonderful starter homes for buyers who are not ready for a detached single family or someone who doesn't want lawn care. Two or three level town homes and apartment style condominium homes are available in most urban areas and they are popular in this market.

A Comparative Market Analysis (CMA) is essential to determine the value of residential property. Location and characteristics of the property are the key elements in determining value. Therefore, the basis for valuation is similar properties in your area. The market analysis takes into account the amount received from recent sales of comparable properties and the quantity and quality of comparable properties currently on the market. The desired end result is to find a price that will attract a willing and able buyer in a reasonable time.
 

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