Seniors Can Create "A Future" Not Just Avoid "The Future"

 Preparing for “the future” is dramatically different than preparing for “a future.” What a difference a little word makes!  Seniors quit preparing for the next chapter of life.  They stop thinking that there is a future and, consequently, they are on automatic pilot.

We plan for the future all our lives.  We plan to go to school, go to work, get married, have children and grandchildren, and retire.  And when that happens, often the planning stops.  We slide into this phase of maintenance and hedge our bets against calamity without really thinking about it.

Planning a future means embracing curiosity.  It means not leetting the calendar dictate whether or not your have something meadingful to contribute.  It means consciously and joyfully deciding that there is still more road ahead, and it's worth paving.

A future doesn't have to be big or bold...it just has to be yours!

Don't Be Vague About Your Plan To Downsize

Deciding where you want to live in retirement is an important step.  If you want to downsize, decide when you'd like to make your move and research exactly where you want to relocate to.

Look at home prices in areas you think you'd like to live.  Would the difference in cost, factoring in all the associated costs of buying and selling, give you the financial cushion you were expecting?

Consider what type of home will work for you (such as a low-maintenance condo) as well as what services you need.  Will your healthcare providers be easy to get to?  Are family and friends close?  Are there community and recreation centers close by?

If you plan to move to a retirement community, research the costs of places you think you'd like to live and check out whether you'd need to add yourself to a waitlist.  If so, set a date at which you'll evaluate whether it's time to do so.

A retirement plan isn't one size fits all.  Your specific needs and wants will determine what your plan looks like.

If you've decided that you'll sell your home as part of your retirement plan, but you haven't taken further steps to lay out where you'll live, don't wait to put a plan in place.

It will relieve stress for you and your loved ones if you make a retirement plan that factors in your needs, as well as the potential for the unexpected and lets you live your golden years in a way that best suits you.

What Is My O'Fallon Home Worth? ~ Home Sales in 63366

 

August 2022 Update  (Year-to-Date)

This report is for single family homes ONLY and NOT condos or new construction.  It’s covering O’Fallon 63366 only.  This report is informational and for the best advice for you as an area home buyer or seller, please contact me for a specific review of your needs.

All data is derived from the St. Louis Multiple Listing System (MLS) as of August 15, 2022.  If any property traded hands without a Realtor® involved, it won’t be reflected in this report.  All data is for the 63366 zip code only.  Percentages reflect increases or decreases from the same period of 2021.

O’Fallon offers a diversity of living choices, with a focus on affordable housing.  Much of the zip code area is easily reached by I-70.

O’Fallon 63366 Single Family Home Category Data Summary

Homes Sold:                   389  (0 Bank/Govt. Forecl.)   DOWN:      9.3%

Average Price:                 $326,184                      UP:            12.3%

Days on Mkt. Avg:           12                                 DOWN:     20.0%

Avg. Price Per SqFt:         $192.62                        UP:             13.4%

Avg. Sales/List %:            105.36%                      UP:               2.0%

Most Expensive Home Sold:                  $ 1,800,000

Least Expensive Home Sold:                  $         7,500

Number of Homes Currently For Sale:             38

                

What can we determine from the latest statistics?

While sales volume may have dropped from the previous year; that is due solely to the lack of inventory of homes available for sale.

-          Days on Market is very doable.

-          Distressed properties (foreclosures) have minimal impact at this point.  Less impact means better pricing for the rest of the market.

-         Sales prices increased along with the average price per square foot.  

-       There is an extreme shortage of homes currently for sale in the O’Fallon 63366 zip code area.  Our company has a massive list of buyers just waiting to make offers on homes in 63366.

 

What does this mean to you as a current O’Fallon 63366 single family home owner?

Home sale prices are rising and homes are selling quickly.  The equity in your home is also rising.  It’s still crucial to price right and prep your home, if you’re considering making a move.  (Don’t forget…there is a lot of new construction competition.)

For an evaluation of your specific home’s marketability, please contact us.

What does this mean to you as a potential O’Fallon 63366 home buyer?

If you find a home that suits you, you cannot delay acting in putting in an offer to buy the property or you may miss out on your opportunity.  That’s why it is beneficial for you to work with us to not only assist in finding available properties, but to provide every advantage to help your offer get accepted.

St. Charles County still continues to be a VERY affordable place to buy a home.  There is some new construction available and we can help you get the best deal.  The builder will NOT cut you a price break for showing up unrepresented and using our services will NOT cost you a thing!

Contact us with any of your real estate questions, including what your home’s value is in today’s real estates, what it could sell for, and how quickly it could sell.

JUDY WROZIER

Realtor® - ABR®, SFR®

(314) 348-4033

 

CLICK HERE to search Homes For Sale 

What Is My Foristell Home Worth? ~ Home Sales in Foristell

 

What is My Foristell Home Worth?  Home Sales in 63348

                                     August 2022 Update  (Year-to-Date)

 

This report is for single family homes ONLY and NOT condos or new construction.  It’s covering Foristell only.  This report is informational and for the best advice for you as an area home buyer or seller, please contact me for a specific review of your needs.

All data is derived from the St. Louis Multiple Listing System (MLS) as of August 15, 2022.  If any property traded hands without a Realtor® involved, it won’t be reflected in this report.  All data is for the 63348 zip code only.  Percentages reflect increases or decreases from the same period of 2021.

The 63348 zip code offers a diversity of living choices, with a focus on homes on acreage and includes the lake community of Incline Village.  Much of the zip code area is easily reached by I-70 and I-64/Hwy. 40.

                      

 Foristell Single Family Home Category Data Summary

Homes Sold:                   59  (0 Bank/Govt. Forecl.)   UP:         11.3%

Average Price:                $438,786                      UP:           0.8%

Days on Mkt. Avg:         26                                  DOWN:   54.3%

Avg. Price Per SqFt:       $223.08                        UP:             6.7%

Avg. Sales/List %:           99.92%                        DOWN:     1.5%

Most Expensive Home Sold:    $1,452,500

Least Expensive Home Sold:    $   150,000

Number of Homes Currently For Sale:                   13

                                 

What can we determine from the latest statistics?

While sales volume may have increased from the previous year; there is still a lack of inventory of homes available for sale.

-         Days on Market is very doable.

-         Distressed properties (foreclosures) have minimal impact at this point.  Less impact means better pricing for the rest of the market.

-         Sales prices increased along with the average price per square foot.  The increase of the sales to list price is always good news.

-         There is an extreme shortage of homes currently for sale in the Foristell area.  Our company has a massive list of buyers just waiting to make offers on homes in 63348.

 

What does this mean to you as a Foristell single family home owner?

Home sale prices are rising and home are selling quickly.  The equity in your home is also rising.  It’s still crucial to price right and prep your home, if you’re considering making a move.  (Don’t forget…there is a lot of new construction competition.)

For an evaluation of your specific home’s marketability, please contact us.

 

What does this mean to you as a potential Foristell home buyer?

If you find a home that suits you, you cannot delay acting in putting in an offer to buy the property or you may miss out on your opportunity.  That’s why it is beneficial for you to work with us to not only assist in finding available properties, but to provide every advantage to help your offer get accepted.

St. Charles County still continues to be a VERY affordable place to buy a home.  There is some new construction available and we can help you get the best deal.  The builder will NOT cut you a price break for showing up unrepresented and using our services will NOT cost you a thing!

 

Contact us with any of your real estate questions, including what your home’s value is in today’s real estates, what it could sell for, and how quickly it could sell.

 

JUDY WROZIER

Realtor® - ABR®, SFR®

 

(314) 348-4033

     

 

CLICK HERE to search Homes For Sale 

 

4 Questions To Help You Decide Whether To Sell Your Home

Do you find yourself dreaming about a new home?  If you think it could be time to move to a new neighborhood, ask yourself these four questions to determine it it's time to take the leap:

1.     How happy are you with your current home?

If you're not feeling the love when you walk through the door, it may be time to start exploring available homes on the market.  Your home is your castle and should make you feel comfortable and at ease...not stressed and longing for something else.

2.     Do you love your neighborhood and schools?

A good neighborhood, strong school district, and neighbors you enjoy should be important to you.  There are plenty of homes on the market in fabulous neighborhoods that pride themselves on safety and community.  Give me a call to find out more.

3.     Do you have too little or too much home?

If the size of your family has changed recently, you may be left with a home that's too small or too large.  Let's find a home that's just right.  Whether you're looking to downsize or move up the ladder, there are plenty of options to choose from.

4.     Is it time to buy?

If you think it's time to make a move, give Judy Wrozier - Coldwell Banker Realty - Gundaker a call to guarantee you find a home that hits all the right notes.

Buying Your Dream Home Later In Life

Most homebuyers have a "dream house" that includes everything they want...whether it's a new kitchen, open floor plan, main floor master suite, outside kitchen...or all that and more.

So, how can you buy your dream house, whether you're in your 40's, 50's, or 60's?

The answer might be as simple as just deciding to do it.  People generally cannot afford their dream house in their 20's and 30's,  By the time they are in their 40's and 50's, they've got the money.

Newer, Smaller, Better

Some buyers move out of a costly or large home into a dream home that better fits their needs in terms of design, finished, and amenities.  The new home might offer an updated kitchen, open floor plan, main level master suite, new flooring...all with a bit less square footage.

Saying "NO" to Remodeling

The alternative to buying your dream home is trying to remodel your current house to be what you really want.  This doesn't appeal to many current homeowners.  Sometimes, a 20 year old home just starts to "feel old".  Rather than renovating and upgrading it, a lot of people take the easier route and buy something new.

The remodeling industry studies have shown that very few remodeling projects recoup their full value at the time of resale.  Most homeowners take a loss on their improvements when they sell.

The Big Decision

Despite the allure of their dream home, some buyers hesitate because they're not ready to make the transition or only one spouse is ready.  Once an unwilling partner can emotionally detach from the current home, a dream home can be in their future.