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Realtor Jared Jacobs – Rochester MN Real Estate Blog

Pros & Cons of Buying a New or Older Home

July 18th, 2011 · No Comments

Many people are unsure of where to start when looking to buy a home. While many things need to be taken into consideration, possibly the first thing you should decide is whether to buy a new home or an older one. You may think it would be less expensive to buy an older home but this isn’t always the case. Older homes were often built using stronger, more expensive materials and on bigger lots. New home developments have smaller lots; the homes are built faster and with different materials. There are pros and cons to buying both new and older homes, here are some more examples.

Location is something to consider when buying a home. If you have children you’ll want to be near a school, and parks or playgrounds may be important to you as well. The newer the development the farther away from the central city or downtown it will be so you may need to commute to reach these places. Old houses will be closer to the downtown area making travel time shorter.

New construction homes often employ more efficient, innovative uses of square footage and property, and with lower construction costs you can get a lot more home for your money. However older homes may have finished basements providing more ready living area, as well as enhanced amenities such as hardwood floors, built ins and other decorative features. The lots around older homes are often much larger than lots in new developments, so if a yard is important to you older properties may be a better fit.

If contracting for the construction of a new home your options for customization can be much greater. The availability to pick your own color schemes, flooring, kitchen cabinets, appliances, custom wiring for TV’s, computers, phones and speakers, etc., as well as have more upgrade options are all potential benefits of new construction. Modern features like extra-large closets, larger bedrooms and extra-large bathrooms and tubs are also common to newer homes and ground-up construction. When it comes to older homes, you rely largely on the previous resident’s tastes, unless you plan to invest thousands into remodeling and rewiring.

These are just a few examples of things to consider when deciding if a new or an older home is right for you. Jared Jacobs of Counselor Realty of Rochester can help you figure out what will suit your needs best. To contact Jared call 507-421-6845 or email him at info@soldbyjaredjacobs.com.

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Parks and Outdoor Recreation in Rochester MN

July 8th, 2011 · No Comments

Finding things to do in the summer months is easy in Rochester Minnesota. Whether you’ve lived here all your life, or have just moved to the area, the parks in and around Rochester offer great activities and relaxation opportunities. With more than 100 individual park areas and 85 miles of paved trails you can spend all summer exploring and still not see it all. Here are just a few examples of things to do and see. [Read more →]

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Benefits of Working with a Rochester MN Realtor

March 28th, 2011 · No Comments

Buying a home or selling a home is a lot more involved than most people assume. Many prospective owners and sellers decide to go it alone, and later regret their decision to do so. It’s wise to invest in the beneficial services of a Rochester MN Realtor, because buying and selling a home is a complicated process and you’ll avoid many of the pitfalls by enlisting professional help.

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Realtor Help: Home Selling in Rochester MN

February 21st, 2011 · No Comments

When you decide to take the momentous step of selling your home in Rochester MN, you will want to work with an experienced Realtor who can guide you through the entire process. You will need someone who is there to answer your questions and concerns, and provide the customer service you are looking for. Above all, you will want to ensure that things will go smoothly from the time you put your house on the market until the day you close on the property.

Determining your asking price
This involves several factors, including the following:

  • Taking a look at comparable homes in your area to see what they are selling for on the market.
  • The employment situation in your area, along with size of the available housing stock.
  • Your individual needs, which will determine how quickly you want to sell your home.

Along with that, you will be given a Comparative Market Analysis of private property in your area at no cost to you. This will help to determine your home’s fair market value. Rest assured that your Rochester MN Realtor will act as a guide from start to finish, including the completion of the required paperwork and negotiating with prospective buyers.

Putting your home up for sale
Jared Jacobs has a number of methods available to successfully market your property, and he is there to serve you just as he has helped so many other families.

If you would like to explore the possibility of selling your home in Rochester MN and buying a new home, contact Jared Jacobs at (507) 421-6845 or email me at info@soldbyjaredjacobs.com today.

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Realtor Help: Home Buying in Rochester MN

February 7th, 2011 · No Comments

If you reside in, or are relocating to, Rochester Minnesota and you’re looking to buy a house, put yourself in a position to get the best deal possible. The home buying process can be overwhelming, especially for first time home buyers, but it’s helpful to enlist the professional services of an experienced and knowledgeable local Realtor.

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Benefits of Home Staging

January 10th, 2011 · No Comments

Anytime that you are trying to sell your home in Rochester MN, staging can be extremely beneficial in helping your home move quickly off the market. It is a simple thing to do, and your real estate agent can even give you suggestions to help stage your home in a way that will sell. When you stage your home by either keeping your own furniture in it, or by renting furniture, you are making the house look homier and “lived in”. This gives the home a cozier feel to those that walk in as potential buyers. Here are some of the many benefits of home staging.

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Relocating to Rochester MN and the Benefits of Working with a Realtor

December 27th, 2010 · No Comments

Rochester is an amazing city. It’s no wonder that so many people are moving here. Maybe you’re one of them. If you are, you already know that relocating to Rochester MN isn’t just about picking out a new home and backing up the moving van. There are so many decisions to make about timing the move. Sometimes, that’s the hardest part– balancing when you need to be out of your old house and when you can get into your new one.

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Rochester MN Real Estate Market Update Oct 1, 2010

October 1st, 2010 · No Comments

According to local MLS data 102 properties sold in the month of September in Rochester MN. There were 1,134 active listings on the market. There were 131 new listings in September.

The absorption rate is at 8.64 months worth of inventory.

The active median list price is just above $169k. The new median list price is $165k. The sold median list price is just below $164k. The sold median sale price is just above $161k.

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Open Houses this Saturday Sept 25 in Rochester MN!

September 21st, 2010 · No Comments

Two open houses this weekend in Rochester MN!

2002 Baihly Hills Dr SW, Rochester $279,900. Home features 4 bedrooms, 4 baths, spectacular master suite, large kitchen, open floorplan and much more! 11-12:30 Saturday Sept 25. Listing #4024166

3006 Venice LN NW, Rochester. Open this Saturday from 1-2:30 pm. Priced to sell at 149,999! Awesome 3 bedroom townhome with newly finished lower level! MLS #4014501

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Rochester MN Real Estate Update 2nd QTR 2010

August 10th, 2010 · No Comments

Second Quarter Home Sales
Second quarter sales of single family homes in Rochester were
$109,065,877. This represents a decrease of one percent
($110,126,759) over second quarter 2009 and a 22 percent
($133,200,435) decrease over second quarter 2008.
The average home in Rochester sold for $175,347 during the second
quarter of 2009 and the median sale price was $151,250. There
were 622 units sold during the second quarter. The average time on
the market was 111 days.
Source: SE Minnesota Association of Realtors

If you would like to explore the possibilities of purchasing Rochester MN real estate, contact us at (507) 421-6845 or email us at info@soldbyjaredjacobs.com today!

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