Is This South Austin’s Best Deal?

Is this South Austin’s Best Deal?

10504 Wylie Dr – mls # 2123749 – Call sean @ 512-653-1213

 

10504 Wylie - Austin's Best Deal
10504 Wylie Drive. Feel the warmth and the character with this inviting home.

10504 Wylie is a charming Craftsman style 3 bedroom 2.5 bathroom home that is priced well under the market value. It is convenient to I-35, Mopac, Southpark Meadows and much more. Quiet neighborhood with established trees and nice gathering spots. The home was built in 2008 and has been updated. Also included with the sale is the refrigerator. This is a true bargain if you’re looking for Austin homes for sale. For more information visit realtyaustin.com/p/2123749

10504 Wylie Drive Kitchen
10504 Wylie Drive Updated Kitchen. Open floor plan, gas cooking and the fridge is included.

The downstairs floor plan is inviting and open. Nice, tall ceilings and ceramic tile floor in the kitchen. Granite counters and under mount sink.

10504 Wylie Drive Master Bedroom
The Master bedroom at 10504 Wylie Drive is spacious and has a huge walk in closet.

The master bedroom is spacious and has a huge walk in closet as well as its own bathroom with dual vanity and separate shower and tub.

10504 Wylie Drive
Enjoy a drink on your covered front porch or rear deck.

So if you want to enjoy a drink on your front porch or head to the watering holes that are under a half mile away then come on by to 10504 Wylie Drive.

Sean Austin McCormack is one of Austin’s favorite REALTOR’S. Please contact him at 512-653-1213 or email him at sean@realtyaustin.com for all your real estate needs.

 

For Sale: 5315 Martin Avenue listed at $655,000

5315 Martin Avenue is 2072 square feet and has 2 master bedrooms

5315 Martin Drive.

Vintage Modern Home With Heart

Austin texas 78751 mls# 7100283 $655,000

5315 Martin Avenue is 2072 square feet and has 2 master bedrooms
5315 Martin Avenue is 2072 square feet and has 2 master bedrooms

 

Completely Renovated and Expanded. 

  • 2072 Square Feet
  • 4 Bedrooms, Including 2 master suites
  • 3 Full Bathrooms
  • Shared Alley Access
  • Separate Workshop/Garage
  • Zoned to Reilly Elementary, Lamar Middle School and McCallum High School

Nearby establishments include:

Sean Austin McCormack is one of Austin’s favorite REALTOR’S. Please contact him at 512-653-1213 or email him at sean@realtyaustin.com for all your real estate needs.

How Higher Interest Rates Affect Your Buying Power

How higher interest rates affect your buying power  View online.

The Bottom Dollar Save Club
How higher interest rates affect your buying power

The days of exceptionally low interest rates are likely behind us. Mortgage interest rates have risen and industry experts agree that they’ll continue to rise.
Higher rates can affect your ability to buy a home. If you are considering buying, we recommend you do so now while rates are still affordable. So here’s how higher interest rates affect your buying power

Higher Rates = Less Buying Power

As rates go up, the amount of home you can afford goes down. For every 1.00% increase in interest rates, your buying power decreases by about 10.00%.

For example, let’s say you can afford $1,194 on your monthly principal and interest payment. With a 30-year fixed loan, a 20.00% down payment, and an interest rate of 4.00% (assumed annual percentage rate [APR] of 4.053%*), you could borrow $250,000 to purchase a home around $312,500.

But if rates go up to 5.00% (APR 5.056%*), the amount of home you can afford decreases to $278,025, causing you to lose $34,475 of buying power. That’s a lot of buying power!

Here is HOW INTEREST RATES AFFECT YOUR BUYING POWER broken down:

Monthly Payment
(Principal & Interest)
Loan Program Down Payment Interest Rate APR Mortgage Amount Purchase Price
$1,194 30-year fixed 20.00% 4.00% 4.053%* $250,000 $312,500
$1,194 30-year fixed 20.00% 5.00% 5.056%* $222,420 $278,025

Think of what that buying power could translate to — Better neighborhood? Better school district? A starter home that requires little to no renovation or a larger space for your growing family? An increase in rates could cause you to lose out on those opportunities.

Higher Rates = More Money Spent On Interest

A higher interest rate also means you’re likely to spend more money on interest, causing you to pay more for your home in the long run.

Bottom Line? Don’t delay! Buy a home now while rates are still affordable.

I’m not a loan officer or a financial advisor. You should consult a financial advisor to devise a financial strategy that works best for your situation.

*For example only. Program rates, terms and conditions are subject to change at any time and may vary based on borrower’s credit history.

Contact me today to discuss your home options. 512-653-1213
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Selling your house this winter? Tips to tempt buyers to make an offer

Sell your home with these tips

Selling your house this winter? Tips to tempt buyers to make an offer

Sell your home with these tips
Sell Your Home In The Winter With These Tips

1. Light it up
Getting as much light in the space as possible is crucial in creating a light, more open space. This can be achieved by keeping blinds and curtains open, as well as turning on lamps and overhead lights throughout the property.

If the sale is within an acceptable timeframe from Christmas, it would be in the seller’s best interest to decorate in a tasteful and not tacky manner.
This will help showcase the property by bringing to life the otherwise plain nooks and crannies.

2. Heat it up
The heat should be up a few degrees higher than usual to warm viewers up from the cooler outdoors, which will create a cosy and welcoming atmosphere that will help people relax during their viewing.

3. Color to season
A fresh paint job is always a good idea and as always it is good to go neutral as it enables the buyer to picture the space as their own and does not put them off with any garish colour schemes. But use a warmer shade or something autumnal over a crisp white for this time of the year. If an extra is needed, a throw blanket over a sofa will only enhance the decor.

4. No dogs, no scented candles, no smells
As always, remove all negative or potentially offensive smells. Animals can turn some buyers off whatever the weather, but the smell of a wet dog is far more noticeable than usual.

Plus, it’s common for people to have allergies or sensitivities to scents, so no candles or air fresheners before viewings. You might think your festive candle is a dream, but someone with different tastes may be deterred.

5. Baked Yum Yums

The smell of bread is comforting
Fresh baked bread offers a feeling of home

The smell of freshly baked bread is said to “help sell your home” although it is widely believed this is somewhat of a wives tale. However, some homemade cake or mince pies are always a welcome winter treat to accompany a hot cup of tea.

6. No clutter
Putting boots, shoes and jackets away in a cupboard is necessary, as well as reorganizing rooms to have the appearance of being larger without being empty.
Any carpets should get a deep clean before the property goes on the market and it goes without saying that a home should be tidy.

7. Showcase out of season features

Summer photos are a must to showcase what the property looks like in different light, especially with a garden. A photo album with all the wonderful features during warmer months is a good idea to entice potential buyers about what to look forward to in warmer weather.

Even in the winter months, the outdoor space is a sought-after feature and needs to look great. Make sure you clear any leaves, mow the lawn and at least keep the flower beds in check despite having no beautiful flowers at this time of year. Make sure any outdoor storage is neat and tidy and turn on any working floodlights to help showcase the outdoor space during long dark nights.

 

For an accurate assessment of what your home can sell for, please contact Austin REALTOR Sean McCormack at 512-653-1213 or visit austinyouremyhome.com. Sean has practiced real estate since 2002 and consistently maintains a five-star review on YELP.