Tag Archives: Buckeye Valley school district

Go Shopping On Friday – For Homes!

This is Thanksgiving week. We often find that when family members come into town, if they are considering a move here to be closer to relatives, they make plans to view homes. Sometimes even local buyers plan to shop for their home this weekend when they have vacation days. Friday to Sunday can be “black” days for real estate as well, not just at the retail stores.

If you want to locate in Southern Delaware County, you have plenty of homes to view, no matter the price range. The only segment where there isn’t much is below $100,000 since there are only 7 homes in that range.

There are so many beautiful homes in Southern Delaware County, with many on large lots, wooded lots, on golf courses, whatever suits your fancy. The area includes the suburbs of Powell, Lewis Center and Galena, plus, several townships. Much of it is in Olentangy school district, but also includes portions of Big Walnut and Buckeye Valley districts.

Don’t forget that the $8000 First-Time Home Buyer and $6500 Homeowner Tax Credits are in effect. Plan for it to take a minimum of 45 days from the time you go into contract until closing can occur. (New government regulations have increased the timing.) Read more on the tax credits.

Homes for sale in Southern Delaware County, Ohio

Click to enlarge graph

Copyright © 2009. 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.

My Crystal Ball Tells Me Fall Home Sales Will Be …

How will homes sales be the next three months now that the time has passed for the 1st Time Home Buyers? That’s what a lot of Realtors® are wondering. Will it be a “normal” fall period? Will it go into a slump as happenmind-readered after the “Cash for Clunkers” program ended?

Wait a moment while I get out my crystal ball.

The Oct-Dec period is normally slower because people are busy with holidays. However, the buyers that are shopping are SERIOUS buyers ready to make offers. Even though the weather may be less than ideal, the homes inside often look very attractive with minimalist holiday decorating.

Buyers are eager to get in their new home by the year-end holidays. Sellers are eager to have their home sold prior to the cold months of Jan-Feb. So it can be a great time for negotiations.

I checked to see how the Delaware County market did last fall (Oct-Dec) and compared that to homes currently for sale. Actually, quite  a few homes sold last year, which is a positive sign for sellers. The caution for sellers is to consider last year’s average SOLD price, and perhaps adjust their price now for a greater opportunity to go into contract.

Delaware County Fall Sales
School District # Sold Fall ’08 Avg $ Fall ’08 # For Sale Now Avg List $ Now
Olentangy SD 175 $325,195 674 $496,204
Big Walnut SD 26 $211,417 146 $492,658
Buckeye Valley SD 37 $177,049 109 $344,355
Delaware SD 72 $151,390 156 185,026



Copyright © 2009. 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.

Updated – Current Real Estate Property Tax Rates

I just updated a real estate property tax rate graph for Franklin County and Delaware County. As might be expected, many taxing areas showed increases versus last year’s update. The graph shows the dollar rate per $1000 assessed value of the home.

TaxGraph

Click to enlarge chart

In central Ohio, we pay property taxes in arrears. The taxes we paid last June were for the period Jul-Dec 2008. The taxes that we will pay the end of this coming Dec, will be for the period Jan-Jun 2009. When a home seller sells their home, they must pay all the taxes that are due up to the closing date. Sometimes, this can equal up to 11 months of taxes. This can be a shocker for sellers if they’ve not considered it or didn’t use a Realtor® who gave them a Net Equity Estimate at the time they listed the home.

Our property taxes help fund our local school districts, which can be a contentious subject. Wealthier areas may be more likely to pass school levies, which can seem to give their district an edge over less wealthy districts. Some people would like to see that discrepancy removed such that all districts are treated more equally, regardless of the property values, and ability of home owners to fund levy increases. No solution has been given yet.

Since the tax rates are used to fund the schools, it’s convenient to also consider the Ohio Dept of Education’s annual Report Card for the districts. The Dept of Education issues one of six grades for each district, as well as for each school. The six grades are:

  1. Excellent With Distinction (Arlington, Dublin, Hilliard, New Albany-Plain Local, Olentangy, Worthington)
  2. Excellent (Big Walnut, Westerville)
  3. Effective (Buckeye Valley, Delaware)
  4. Continuous Improvement
  5. Academic Watch
  6. Academic Emergency

So how is YOUR district doing? Are you getting your money’s worth?

Copyright © 2009. 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.

ODE releases School District Report Cards

The Ohio Department of Education has just released the Report Cards for all the schools in Ohio. To see all the details of how your district and the schools within the district performed, follow the link. Once at the ODE web site, click on the Report Card Data link, located toward the right side a little below half way down the page.

If you click on the Guide for Ohio’s Report Card System, you can view a pdf file that explains the rating system (12 pgs).

Here are the 2007-2008 ratings for the school districts in the suburbs I typically mention in my blog:

  • Excellent with Distinction: Bexley, Dublin, Hilliard, New Albany, Olentangy, Upper Arlington 
  • Excellent: Big Walnut, Fairbanks, North Union, Westerville, Worthington
  • Effective:  Buckeye Valley, Delaware, Gahanna-Jeff, Marysville
  • Continuous Improvement:  Columbus
  • Academic Watch:
  • Academic Emergency:

Copyright © 2008. 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.