Category Archives: Dublin Ohio

Articles about Dublin Ohio

Charming home in Dublin schools is for sale

Posted on 03/01/2011 | Leave a comment

Looking for a good value in the Dublin school district? This home may just be what you want. This one-owner home has been lovingly cared for, and well-maintained over the years. You’re sure to enjoy the 3-season room and brick patio when the weather warms after this past winter!

Notice the entertaining-sized main floor rooms. Over time the kitchen has been updated with new cabinets, counters, ceramic backsplash and faucet. A large rec room was finished in the lower level. If you have a hobby, you’ll love the lower level workroom as well. Also replaced from the original: roof, gutters, windows, siding. The vinyl siding has insulated backing.

For extra storage, there is a garden shed in the backyard or above the garage via a drop-down ladder.

SOLD for 97% of list price at $193,000 in 39 days!

G o o g l e Map

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Posted in Central Ohio, Columbus Ohio, Dublin Ohio, Elaine's Listings, Franklin County, Homes, Homes for sale

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Are you getting your money’s worth?

Posted on 02/07/2011 | Leave a comment

In Ohio, our property taxes pay a good portion of the funding for schools. That has been a hot topic politically for several years and the issue isn’t resolved yet. Of course, our property taxes pay for more than just the schools, such as police, fire, emergency services, libraries, etc.

For a number of years, I’ve provided readers with a graph of the residential tax rates for all the taxing areas within a school district. With every update each year, the tax rate increases. There are also significant differences from one school district to the other depending on the levies residents have voted on. How much a school has to spend can also rely on the number of homes, the type of property (upscale homes vs farm land) and the concentration of retail, office, and corporate businesses.

This year I added in the Ohio Dept of Education’s report card rating. As I was retrieving all the data, I thought that the higher ODE ratings would match the higher county assessed property values. As you’ll see on the chart, a district such as Buckeye Valley (mostly rural) seems to be “doing more with less” in that their ODE rating is the same as much higher assessed (taxed) districts.

central Ohio assessed tax rates per school district

Click to enlarge chart, then click again

Additional Stats
School District Graduation Rate 2010 Avg Home Price
New Albany 99.6% $429,398
Dublin 98.5% $331,705
Upper Arlington 98.3% $353,377
Hilliard 95.4% $197,642
Buckeye Valley 94.2% $205,342
Westerville 93.4% $193,447
Olentangy 98.1% $335,190
Big Walnut 97.9% $283,001
Worthington 95.5% $231,887
Delaware 91.5% $142,116

Copyright © 2011. Elaine Reese, Real Living HER. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

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Posted in Central Ohio, Delaware County, Delaware Ohio, Dublin Ohio, Franklin County, Galena Ohio, Hilliard Ohio, Homes, Housing stats, Lewis Center Ohio, Powell Ohio, Schools, Worthington Ohio

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What will housing prices do in 2011 in Central Ohio

Posted on 02/03/2011 | Leave a comment

Let me start by saying that I don’t believe anyone knows what home prices “will do” in 2011. There are just too many variables and too many national or global events that can have an impact. It also depends on the data the “forecaster” is using and the area the forecaster is considering.

Recently Forbes projected that the Columbus metro area housing prices would see a 2.1% price increase. Columbus was 5th of the 10 markets projected to increase in 2011.

“There really is this segmentation of these markets occurring where the one-size-fits-all national level numbers to represent all numbers really isn’t valid anymore,” notes Alex Villacorta, senior statistician at Clear Capital. “Overall we’re seeing prices start to stabilize going into 2011, but unfortunately some of those markets will stabilize in the downward direction where others will see a sustained recovery.”

Business 1st just released a 2011 projection with a headline that prices “will stink”. Their source was Fiserv, Inc.

Fiserv Inc. reports average home prices in Central Ohio fell 1.5 percent from the third quarter of 2009 through the end of the same period in 2010. Battered homeowners could see those prices sink an additional 2.8 percent by the third quarter this year and, according to Fiserv’s projections, and not begin to turn around until mid-2012.

That’s two totally opposite points-of-view. We all know that all real estate is local. In January, I did a year-end review of 10-Year Average Prices for the area I service. For my service area, I would project that prices may be stable-to-increasing for southern Delaware County (Powell, Lewis Center, Galena) and Dublin. Someone reporting on Hilliard, Westerville or Delaware real estate might have a different viewpoint.

The one thing I DO know is to not pay attention to National numbers. Another good idea is to always look at the source of the data the forecaster is using AND whether there is a motive to skewing the numbers to fit a particular objective.

If real estate is “location, location, location” then quoting data is “challenge, challenge, challenge”.

Copyright © 2011. Elaine Reese, Real Living HER. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

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Posted in Central Ohio, Delaware County, Delaware Ohio, Dublin Ohio, Franklin County, Galena Ohio, Hilliard Ohio, Home prices, Homes, Housing stats, Lewis Center Ohio, Media, Newspaper, Powell Ohio

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Luxury home sales around Columbus OH

Posted on 01/10/2011 | Leave a comment

Lots of people like to look at million dollar homes on the Internet, even though we may not have a prayer of affording them. It’s fun to see how “others” live.

In my continued end-of-year reviews, I looked at the number of homes that sold for more than $1 million around the Columbus metro area.

million $ homes sold in 2010 in central ohio

click to enlarge graph

Here’s the details on the numbers in the chart:

  • As might be expected, New Albany sold the most homes (14) over $1 million. The most expensive home ($5,184,000) was there as well. The average price of the homes was $1,579,678 and they averaged 8,483 sq ft. The $5 million dollar home had 17,771 sq ft and was located in The Farms community.
  • Southern Delaware County - specifically the Olentangy school district – saw 10 homes sell over $1 million. Nine of those were in the townships around Powell. The average price of the homes was $1,294,350 with a size of 7,722 sq ft. The highest price was $1,618,500 with 7,670 sq ft. This home was located in Liberty Twp.
  • Upper Arlington sold 5 homes over $1 million, at an average of $1,429,000 with 6,275 sq ft. The highest priced home sold at $2,045,000 and included 8,173 sq ft.
  • Dublin is next, having sold 4 homes over $1 million, averaging $1,481,250 with 9,454 sq ft. The highest priced home sold for $2,200,000 and it had 12,540 sq ft. It was located in Muirfield near #8 & #9 holes.
  • Galena had a couple of homes over $1 million. One sold at $2,812,500 (10,450 sq ft) and the other sold for $3,200,000 (12,500 sq ft).
  • Gahanna also sold 2 homes with both selling for $1,500,000.

If you’d like to buy a nice luxury home – and make next year’s chart – give me a call. :-)

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Posted in Central Ohio, Delaware County, Dublin Ohio, Franklin County, Galena Ohio, Home prices, Homes, Homes for sale, Housing stats, Muirfield, Powell Ohio

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2010 – A Year in Review of the Housing Market

Posted on 01/06/2011 | Leave a comment

Updates on how we fared in 2010 for the central Ohio housing market have been completed. You can check your area, school district or subdivision here:

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Posted in Central Ohio, Delaware County, Delaware Ohio, Dublin Ohio, Franklin County, Galena Ohio, Home prices, Homes, Housing stats, Lewis Center Ohio, Powell Ohio, Schools, Worthington Ohio

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10-Year Review of Average Home Prices for Central Ohio

Posted on 01/04/2011 | Leave a comment

It’s a new year and that means it’s time to take a look at how home sales – specifically average prices – did in 2010. Did they continue to slide down or have they turned the corner?

As usual, I calculate average prices by school district because that provides a more accurate review than if zip codes or cities were to be used. Zips and city boundaries sometimes cross school and county boundaries, thus, making them inaccurate.

The chart below shows average prices for Jan-Dec for single-family homes only. No condos included. You’ll notice that most districts improved their average home price for 2010. 2004-2005 still seems to be the benchmark years where people who purchased their home on or after those years may need to sell their home for less than they paid.

2001-2010 Avg Prices homes sold for Jan-Dec in central Ohio

Click to enlarge chart, then click again

If you have any questions on your specific home, give me a call at 614-825-8860 or email me by clicking on the icon in the right column.

Copyright © 2011. Elaine Reese, Real Living HER. Reproduction of any portion of this blog post or the images is prohibited by the Digital Millennium Copyright Act. If this post is being viewed on any site other than www.ReesesPiecesOfRealEstate.com then the material has been stolen without permission. Violators will be reported.

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Posted in Buyers, Central Ohio, Delaware County, Delaware Ohio, Dublin Ohio, Franklin County, Galena Ohio, Hilliard Ohio, Home buying process, Home prices, Home selling process, Homes, Housing stats, Lewis Center Ohio, Powell Ohio, Sellers, Worthington Ohio

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