Comments on: Subdivisions

By: Elaine Reese

Elaine Reese — Thu, 23 Feb 2012 14:46:21 +0000

My advice is still the same as it was in 2009. The only difference is that in the interim 3 years, prices have moved down a little more although that seems to be changing a little as prices “may” have turned the corner. I say “may” due to the uncertainties of this election year. Even so, our area is far more stable than other parts of the nation and price swings may only be around 5% plus or minus. Certainly not a reason to stop you from buying a home in an area you really like. As I said in my response 3 years ago, you buy a home to live in and enjoy. It’s not the stock market.

By: Jessica

Jessica — Thu, 23 Feb 2012 02:27:05 +0000

Hi Elaine,
My husband and I are going through the exact same thing as this young couple was a few years ago. Do you have any additional or new insight on our dilemma? Any help would be greatly appreciated!
Thanks!
Jess & Jason

By: Elaine Reese

Elaine Reese — Tue, 09 Aug 2011 21:09:54 +0000

Tracy: Olentangy Ridge is an established neighborhood with lots of trees and a variety of home designs, rather than the cookie-cutter subdivisions. It’s walkable to the downtown shops, restaurants, the community pool and skateboard park. The price ranges vary according to the location within the subdivision as well as the condition and amenities that the home offers, so you may find a rather wide range. Some homes have more updates than others. Your agent can help you with comps for the specific home you’re considering. As to your husband’s concern with long-term value, the area has continued to be popular but no one can say for certainty what the future holds. Some newer neighborhoods have fared worse since they’ve been more impacted with short sales due to buyers having little equity. Buy a home that you like in an area you like and don’t buy the same way you would buy in the stock market.

By: tracy

tracy — Tue, 09 Aug 2011 13:11:53 +0000

love your site. my husband and i are looking to buy a home in either powell or dublin. we found a house in olentangy ridge in powell, but my husband worries about long term resale value. it seems to be one of the early sub-divisions and the price of the home we like is on the higher end of the range for that sub-division, of course a nice location within. to find a comparable home we’d pay a little more and then property tax and income tax would be higher annually. any thoughts on elentangy ridge

By: Elaine Reese

Elaine Reese — Thu, 10 Mar 2011 00:20:29 +0000

I sent you an email of potential listings from our MLS system.

By: nelson

nelson — Wed, 09 Mar 2011 16:01:22 +0000

I looked at the websites you sent me. Can you send me the list for resales. I want a one floor plan ie. ranch, patio or cluster home one floor. Three car garage is a must. One floor is a must.