College Station, TX is made up of some incredible subdivisions and communities, where you can find the most charming and amazing homes for sale. Depending on what you are looking for, you can find homes by the lake, ranch style homes on expansive pieces of land, luxury homes, homes near a golf course, homes situated within nature, rentals and more. Finding the perfect place to call home can be a very intimidating process that is time consuming, stressful and takes a financial toll on your bank account. It’s not a decision to be made lightly, which is why it’s very important to plan ahead before you begin your house hunt. Take the time to meet with a lender and secure a pre-approval for a loan so that you know exactly how much house you can afford. Once you know how much money the bank is willing to lend you, then you can start doing some preliminary research and comparing your extensive wants and needs list to homes that fit your budget. We highly recommend working with a licensed and experienced real estate professional who can help guide you, offer support and advice and ultimately work hard on your behalf to help you sell an existing property or purchase a new home, or both!
We would love to introduce you to all of the amazing communities in College Station, TX, and you can take a look at many of them by visiting the Real Estate Areas of Expertise page on our website. In this post, we’re going to focus on Indian Lakes, a unique upscale planned community that is designed with a commitment to eco-friendly development and habitat preservation. This beautiful community is located just minutes from College Station and boasts generous lots that measure between one to three acres, features mature oak trees, abundant Texas wildlife and a unique sense of privacy amidst the city with a charming country appeal. At the heart of the community is the Indian Lakes Recreational Preserve, located right on the shores of Lake Arapaho, which includes a spacious recreation center, pool, tennis courts and a basketball court.
Indian Lakes is the perfect place for outdoor enthusiasts, young families, empty nesters or retirees. The large luxury properties allow residents to enjoy a stunning scenic view of the natural area surrounding Arapaho Lake. It’s possible to find undeveloped homesites within this community that will provide you the perfect opportunity to build the home of your dreams. If you are looking for an existing upscale home, then you can expect prices to range from $600,000 to well over a million dollars. Homes in Indian Lakes range in size from 3,000 square feet to more than 4,000 square feet, and architectural styles also vary from country style craftsman homes to contemporary and modern construction. The community has a very dedicated and active Homeowners Association (HOA) that is committed to enhancing the quality of life for everyone in the community.
We can go on and on about the incredible amenities and the luxurious lifestyle that awaits you at Indian Lakes, but ideally, we would love for you to visit the community and tour some open houses so you can see for yourself. If you find a home in this neighborhood that you absolutely love it’s important to jump on it quickly, because homes sell very quickly in this highly desirable community. Before you purchase your dream home in Indian Lakes, you may have to sell your existing home. Our team can help you find and buy the perfect property in the Indian Lakes subdivision, and we can also help you sell your current home at the best price possible!
Price It Right
It is so important to price a property right when trying to sell it – overpricing a home can be disastrous when listing it for sale. Coming up with the right price when selling your home is like trying to hit a moving target and can be a tough decision to make – you want to make sure you get a good price for yourself, but you also don’t want to scare away potential buyers. You also don’t want to have your property sitting on the market for days on end with no interest and multiple price reductions. The right price is the one that is in tune with what similar homes in your neighborhood are selling for. You real estate agent should help you evaluate the market conditions in your area, determine the value of your home and come up with a fair price that will attract buyers and satisfy your expectations. It’s extremely important to list your property for sale at the right price for a few reasons:
- A fair price attracts more buyers. If you list the home for more than it’s worth in an effort to see if someone is willing to pay a higher price, you are taking a big gamble and this strategy may ultimately backfire. Overpriced homes can sit on the market for long periods of time, which would force you to take price reductions and some buyers may question if there is something wrong with the property if it’s not selling.
- In a hot market you could sell your home faster and for a higher price. We’ve seen this happen time and time again – when there is limited inventory and many interested buyers, many homes end up selling within weeks above asking price and in tense bidding wars.
- Buyers in today’s real estate market take the time to do their own research on property values, so they will have more confidence in a fairly priced home. If the price is too high you risk not receiving any offers and having the home sit on the market for a long period of time. If you price it too low potential buyers may wonder if something is wrong with the property.
How do you determine property value and make sure that you are pricing your property right before listing it for sale? The easiest thing to do is to look at recently sold homes in your area to get an idea of the market value. You have to make sure that the homes you are looking at are comparable to yours when it comes to size and amenities. For example, if your property is 2,000 square feet and a little outdated, you can’t compare it to the 2,500 square foot home down the street that is completely renovated with brand new everything. You can take a look at some online websites like Zillow for an idea of home estimates but take the information lightly as it may not be a true reflection of the actual market price for your existing property.
Real estate agents typically provide a comprehensive comparative market analysis, or CMA when working to determine a fair listing price. A comparative market analysis estimates a home’s value based on the recent sales of similar real estate in the area. This detailed report should look at properties that are in the same neighborhood, have similar square footage, number of bedrooms, bathrooms, features and upgrades and should only analyze recent sales. A CMA is a very helpful tool when determining a fair listing price for a property, but it can’t and shouldn’t be the only research utilized in making the final decision. There are many variables that come into play when selling a home, including the negotiated terms and conditions of the sale. For example, a highly motivated owner may agree to sell a home for a discounted price if the buyer pays all cash and closes escrow quickly.
Pricing a home to sell is a process and big decision to make. You want to ensure that you’ve done your research and worked with your real estate agent, so you understand the comps and how your property compares to other similar homes that have recently sold. Pricing the property fairly will help sell the property faster, and in a booming market you may even get more than what it was originally listed for. There are also many things you can do prior to listing your home for sale that can raise the price and attract more buyers. Little things like a fresh coat of paint, attractive landscaping. Clean curb appeal and staging can go a long way in the eyes of potential buyers.
If you need to sell your current home before looking for your next home, make sure to contact our team at Brazos County Realty. We would be happy to put together a detailed comparative market analysis and work closely with you to determine the best price for your home. We would also love to show you around some of the finest communities in College Station, TX, like the highly desirable Indian Lakes subdivision. Buying and selling real estate is a big decision and an overwhelming experience, even for veteran buyers – but we’re here to take the stress out of the situation and help you achieve your real estate goals through smooth, efficient and easy transactions.