Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.¹

Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of inventory, which is far less than the six months that is generally needed to strike a healthy balance between supply and demand.²

Given the limited number of available properties, if you’re a buyer in today’s market, you may need to expand your search to include both new construction and resale homes. But it can feel a little like comparing apples to oranges.

Let’s take a closer look at some of the factors you should take into account when choosing between a new build or an existing Flagstaff home.

TIMEFRAME

How quickly do you want (or need) to move into your next home? Your timeframe can be a determining factor when it comes to choosing between a new build or resale.

New Build

If you opt for new construction, you may be surprised by how long you have to wait to get the keys to your new digs. Currently, many home builders are dealing with unique challenges brought on by the COVID-19 pandemic, including rising costs, labor and material shortages, and shipping delays. While historically it took around five to six months to build a home, many builders are now reporting construction timelines closer to a year or more.³

These issues have led some builders to cancel contracts or raise the price on unsuspecting homebuyers long after agreements were signed. Unfortunately, this scenario can throw a major wrench in your moving plans and significantly delay your timeline.

To minimize these types of surprises, it’s crucial to have a real estate agent represent you in a new home purchase. We can help negotiate better contract terms and advise you about the potential risks involved.

Existing Home

If you're in a hurry to move into your next residence, then you may want to stick to shopping for an existing home.

You can typically move into a resale home as soon as you've closed the deal. The average time it takes to close a home purchase is around 51 days, but it can vary based on loan type and market activity.⁴

If you need to move even sooner, it’s sometimes possible to close faster, especially if you’re a cash buyer. In fact, many sellers prefer a quick closing, so it can give you an advantage in a competitive market.

LOCATION

From commute to construction to amenities, there’s a lot to consider when choosing your next neighborhood.

New Build

With a brand-new home, you're more likely to move into a neighborhood that's located on the edge of town and is still undergoing development.⁵ This could mean a longer commute and ongoing construction for some time.

However, new developments can also offer a lot of amenities that appeal to modern homebuyers. Water features, hike-and-bike trails, tot lots, and dog parks are just a few of the enhancements we’re seeing pop up in master-planned communities across the country. And some feature new schools and their own urban-like centers with restaurants, retail, and office space.⁶

Existing Home

An existing home is more likely to be located close to town in a neighborhood with mature trees, established schools, and a deeply-rooted community. As a result, you may find the neighborhood's trajectory to be more predictable than an up-and-coming area.

But the amenities may be lacking and the infrastructure dated when compared to newer communities. And while some homebuyers love the charm and eclectic feel of an older neighborhood, others prefer the sleek and cohesive look of a newer development.

MAINTENANCE

Are you a DIY enthusiast, or do you prefer a low-maintenance lifestyle? Set realistic expectations about how much time, effort, and money you want to devote to maintaining your next home.

New Build

When you build a home, everything is brand new. Therefore, in the first few years at least, you can expect less required maintenance and repairs. A 2019 survey found that millennials' homebuying regrets often came down to maintenance issues, rather than other concerns.⁷ So if you would rather spend your weekends exploring your new neighborhood than fixing a leaky faucet, you may be happier buying a turnkey build.

That doesn't mean, though, that a new home will be entirely maintenance-free. In fact, depending on the builder, you could find yourself repairing more than you expected. Some home builders have reputations for shoddy construction and subpar materials, so it's important to choose one with a solid reputation. We can help you identify the quality builders in our area.

Existing Home

No matter how good a deal you got when you purchased it, you could come to regret buying an older home if it costs you heavily in unexpected maintenance and repairs. According to HomeAdvisor's yearly True Cost report, home renovations have grown more expensive in recent years. For example, installing a new HVAC system could cost you $5,371 on average. And you can expect to pay nearly double that amount ($9,375) for a new roof.⁸

Fortunately, there are ways to prepare for these large expenditures. We always recommend that our buyers hire a certified home inspector, whether they buy a new or existing home. Once we have the inspector’s report, we can negotiate with the seller on your behalf for reasonable repairs or concessions.

ENVIRONMENTAL IMPACT

On a quest for greener living? If so, there are several factors to consider when deciding on your next home.

New Build

There’s a growing demand for energy-efficient housing, and many builders are rising to the challenge. Nearly 1 in 4 homes built in 2020 received a HERS (Home Energy Rating System) Index Rating by the Residential Energy Services Network. A HERS rating provides an index score that compares the newly-built home to those that were standard in 2006. The more energy-efficient the home is, the lower the score it receives.¹¹

The average home rated in 2020 was 42% more efficient than those built in 2006 and 72% more efficient than a typical home built in the 1970s.¹¹ So if energy efficiency is a top priority, a new home with a low HERS rating may be a good choice. You can also look for one that’s ENERGY STAR Certified, which means it meets a series of strict efficiency guidelines set by the Environmental Protection Agency. In 2020, only 7.9% of homes built in the U.S. received this designation.¹²

Existing Home

Of course, a basic tenant of sustainable living is: reduce, reuse, recycle. And since a resale home already exists, it automatically comes with a lower carbon footprint. Research has also shown that remodeling or retrofitting an older home is often greener than building one from scratch.¹³

With some energy-conservation effort and strategic upgrades, environmentally-conscious consumers can feel good about buying an existing home, as well.

DESIGN

Open floor plan? Kitchen island? High ceilings? Must-have design features could drive your decision to build or buy resale.

New Build

With a new home, you can bet that everything will look shiny and perfect when you move in. Builders tend to put a lot of emphasis on visual details and follow the latest design trends. For example, newly-built homes are likely to feature an open floor plan, central kitchen island, and 9+ foot ceilings, which are must-haves for many modern buyers. They are also unlikely to feature carpet on the main level or laminate countertops, both of which have lost mass appeal.¹⁴

However, some buyers complain of the cookie-cutter feel of new homes since they are often built with a similar aesthetic. That doesn't mean, though, that you can't incorporate your own style. We can help you negotiate custom features and upgrades to personalize the space and make it feel like your own.

Existing Home

In some of the most coveted neighborhoods, an older home with classic styling and character can be highly sought after. But unless the previous homeowners have invested in tasteful updates, an existing home is also more likely to look dated.

While some buyers prefer the traditional look and character of an older home, others crave something more modern. If that’s the case, we can help you find a resale home that leaves enough room in your budget to renovate it to your liking.

WHICHEVER PATH YOU CHOOSE, WE CAN HELP

When it comes to choosing between a new build or an Flagstaff existing home, there’s no one-size-fits-all answer. There are numerous factors to consider, and you may have to make some compromises along the way. But the homebuying process doesn’t have to feel overwhelming.

We’re here to help. And in many cases, our homebuyer guidance and expertise are available at no cost to you! That’s because the home seller or home builder may compensate us with a commission at closing.

Some new-construction homebuyers make the mistake of visiting a builder’s sales office or even purchasing a home without their own real estate representative. But keep in mind, the builder’s agent or “sales consultant” has their best interests in mind—not yours.

We are knowledgeable about both the new construction and resale home options in Northern Arizona, and we can help you make an informed decision, negotiate a fair price, and avoid mistakes that can cost you time and money. So give us a call today at 888.446.5602 or email kelly.broaddus@exprealty.com to schedule a free, no-obligation consultation—and let’s start searching for your next Flagstaff/Sedona home!

Sources:

1. Reuters -
   https://www.reuters.com/world/us/us-existing-home-sales-fall-august-inventory-declines-2021-09-22/
2. National Association of Realtors -
   https://www.nar.realtor/newsroom/existing-home-sales-ascend-7-0-in-september
3. KFVS 12 -
   https://www.kfvs12.com/2021/09/22/covid-19-pandemic-affects-delivery-rate-building-materials/
4. Rocket Mortgage -
   https://www.rocketmortgage.com/learn/time-to-close-on-a-house
5. Real Assets Adviser -
   https://irei.com/publications/article/master-planned-communities-changing-u-s-housing-trends-favor-investors-can-benefit/
6. Builder Online -
   https://www.builderonline.com/land/development/5-master-plan-trends-home-buyers-gravitate-toward-today_o
7. Bankrate -
   https://www.bankrate.com/real-estate/homebuyer-regret-survey-may-2021/
8. Home Advisor -
   https://www.homeadvisor.com/r/true-cost-report/
9. Roofing Calculator -
   https://roofingcalculator.com/news/how-long-do-roofs-last
10. Plumbing and Mechanical Engineer -
    https://www.pmengineer.com/articles/94873
11. National Association of Home Builders -
    https://nahbnow.com/2021/10/nearly-1-in-4-new-homes-in-2020-was-hers-rated/
12. EnergyStar -
    https://www.energystar.gov/newhomes/energy_star_certified_new_homes_market_share
13. Advanced Materials Research - https://www.researchgate.net/publication/271358381_Comparative_Study_of_New_Construction_and_Renovation_Project_Based_on_Carbon_Emission
14. National Association of Home Builders -
    https://nahbnow.com/2020/04/most-likely-and-unlikely-features-in-a-new-single-family-home/

YOU MIGHT BE INTERESTED IN:

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Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

See all Condos for sale in Flagstaff

Sold! Remodeled Arbors 2 Bedroom Condo, Near NAU!

   2 Beds  | 2 Baths |$ 319, 350

Remodeled arbors corner condo, 2/2 with a fireplace! Great location in the building. Tenant in place until 6/30/2022, 48 hour notice necessary. Don't miss out, this is a great unit. Don't miss this opportunity!

Photos and more information here:

northernarizonafinehomes.com/property/187819/

SELLER REVIEW:

Kelly helped us purchase and sell our condo 6 years later all from out of state. She did a great job finding exactly what we were looking for and guided us the entire way. - Bryan Meurer

Location

1385 West University Avenue

Car-Dependent

Learn more about The Arbors in Flagstaff

With its close proximity to NAU and downtown, this condo is perfect for students, as a starter home or as a family vacation home.

Attractions & Recreation

• Flagstaff Escape Space - An escape room is a real-life mystery game where a group of players must work together to decipher a series of puzzles and enigmatic clues while locked in a dark, mysterious room.

Dining Nearby

Schools

Woodlands Area (Arbors) Neighborhood 

The Woodlands Area neighborhood is a highly sought after condo community because of its central location. Common area includes two newly renovated modern clubhouses with an indoor spa, fitness center, movie room, full-size kitchens, lounge area that has two large gas-burning fireplaces, computer access, and high-speed Wi-Fi.

Contact Kelly Broaddus at kelly.broaddus@exprealty.com  or call 888-4465602 to see this remodeled 2 bedroom Arbors condo or other properties for sale in Flagstaff.

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Flagstaff AZ Real Estate Market Data Provided by The Kelly Broaddus Real Estate Advisors Team / by Joselyn Uy

 Flagstaff Housing Market Downshifts to Fall Season

Just like the weather, the real estate market is finally starting to cool off slightly. In this fall market, we expect to see less competition among buyers, more listings, and slightly more days on market. Here's the latest update on the Flagstaff housing market.

FLAGSTAFF HOME SALES

The US Existing-Home Sales jump 7.0% in September while Greater Flagstaff's housing sales drop 11% from August according to data provided by the Northern Arizona MLS. This September saw the second-highest Flagstaff home sales activity in more than a decade. The highest on record was last year with 262 units sold. 

NAR chief economist Lawrence Yun said, “Some improvement in supply during prior months helped nudge up sales in September. Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next year.”

This September the Kelly Broaddus Real Estate Advisors Team sold 3 homes in Flagstaff valued at $3.4M. Big thanks to our clients!

FLAGSTAFF MEDIAN HOME PRICE

"The median list-to-sales ratio for this area is 104.4%." List to Sales Ratio is the percentage of the list price that the buyer ultimately paid for the property.

The median sold price in September is up 26% year over year to $597,000, a new monthly high. Homes remained on the market for an average of 55 days. This is down from the all-time low of 43 days we saw in March, and slower than the 52 days we saw a year prior. A lot of this change is seasonal, and some of it is buyer fatigue, but demand overall remains historically high.

DOWNLOAD THE FULL FLAGSTAFF MARKET REPORT HERE

September 2021 Flagstaff Market Watch Summary

Total Home Sales -   191 homes, down 27.1% vs Sept 2020. 

Median Sale Price -  $597,000, up 22.6% vs Sept 2020, highest in more than a decade

Mortgage rates  - Average 30-year fixed-rate mortgage rate ended 10/27 at the highest levels in 2 months at 3.2%. Mortgage rates remain low and just above the all-time lows seen at the outset of the year.

Longest days on market (SF): 445 days This is a 2350 sq ft, 3 beds, 2.5 bath new construction in Trails End, one of Flagstaff's newest communities

CDOM The acronym CDOM (Cumulative Days on Market) is used by the Flagstaff MLS to describe how many days a property has been available for sale. A property has to be off the MLS for at least 90 days for the CDOM to restart, even if it is listed by a different agent. We report the average days on market for properties sold based on CDOM.

The number of days a home sits on the market can tell us a lot about pricing. A high CDOM is commonly a strong indicator that the home is overpriced. 

FLAGSTAFF'S PRICIEST HOMES SOLD in SEPTEMBER 2021

Photo courtesy of Symmetry Realty Brokerage

• The highest-priced single-family Flagstaff home that sold in September was a $2,568,189 3 bedroom, 3.5 bathroom luxury home that is not yet under construction. Located in Pine Canyon, a stunning, 600+ acre private golf community in southwest Flagstaff. Kelly brought the buyers for this home!
• The highest-priced Flagstaff townhome sale was a $758,000 updated 3 bedroom luxury townhome with beautiful Peaks views in Switzer Mesa, just a short walk to downtown Flagstaff!
• The highest-priced Flagstaff condo sale last month was a $1,230,000 luxury “lock-and-leave” 3 bed 2 bath Mountain Vista condo with access to all of Pine Canyon’s amenities, but without the burden of maintenance that can come with a single-family home.  

THE MOST AFFORDABLE  FLAGSTAFF HOMES SOLD in SEPTEMBER 2021

Photo courtesy of RE/MAX Fine Properties

• The lowest-priced single-family Flagstaff home that sold in September was a $237,500 off grid, one-bedroom home in Leupp/Winona on 27.96 Acres. It features solar panels, a log Building used as storage & a Tiny Home/Shed.
• The lowest-priced Flagstaff townhome that sold last month was a $250,000 one  bedroom townhouse close to NAU, forest trails, shopping, restaurants and local bus stop. This townhouse is located in Christmas Tree Estates.
• The lowest-priced Flagstaff condo that sold was a $188,000 one bedroom Timberline Place condo offering Mt. Elden Views

Flagstaff Home Buyer Advice 

While spring and summer are the seasons that typically see the most buyer activity and competition, Realtor.com found that the fall is when buyers find the best deals. According to their analysis, the best week in October for buyers to shop for homes is October 3 through 9.

Their research has also uncovered that buyers are facing 18% less competition now than they did at the peak of the summer season and 6% less competition than another standard week. They also discovered that listings increased 31% and that houses stayed on the market for an extra seven days during this week.

Maybe the most exciting part is that many sellers have been known to list at a lower price during this optimal week. 7% of active homes also typically lower their prices at this time. With 705,000 listings on the market in October, that means that about 50,000 houses will see a price reduction. Buyers could potentially save around $10,000 on a mid-range home if they buy during the optimal week, according to Realtor.com.

That all sounds great, but you might be wondering why you shouldn’t wait longer since the market is cooling. The reality is that waiting even longer will end up costing you more. 

The driving force behind this is rising mortgage interest rates. They are expected to reach 3.5% by the end of the year. Choosing to wait means that you would need home prices to drop by 10% to compensate for a 1% rise in interest rates. We didn’t even see house prices drop by 10% during the Great Recession, so don’t expect it to happen now.

Two main factors could cause interest rates to rise soon. The first one is pending inflation and how mortgage rates will be adjusted to combat it. The second factor is the Federal Reserve. They typically buy mortgage bonds to stabilize the housing market and boost the economy, but if they decide to reduce their purchases, interest rates will rise, and buyers will end up paying more.

Our market may be cooling, but now is still a great time to buy. It’s time to get off the fence and take advantage of the increased inventory and low rates because they won’t stick around forever.

We suggest you get started by taking a look at the homes that are available right now:

Click here to see all Flagstaff homes for sale

Search Northern Arizona Homes For Sale

Home Buying Tips Our home buyer's blog will help you plan and prepare for your successful home purchase and avoid headaches and surprises that may arise during the process.

Sign up for free to receive our updates about coming soon properties and homes for sale not listed on the MLS. I can set up a customized search so you’ll get notified when new listings that meet your criteria hit the market.

Need a lender recommendation for your home loan? We work with trusted lenders who will walk you through the entire process and have your best interest at heart. Contact Kelly today and we will get you one of our trusted lenders that best fits your needs.

Flagstaff Home Seller Advice 

We’re very much still in a seller’s market, but the incredible rate of appreciation we’ve been experiencing has started to slow as of late. Home prices are still rising, albeit a bit more slowly. Despite the increase in new inventory, Flagstaff houses are still selling in under two months.

What does this mean for you? If you’re thinking about selling your home, you haven’t missed your chance. This is still a seller’s market, and you can net a great profit from your house. 

If you’re interested in knowing your home’s value in the present market based on recent sales in the Northern Arizona MLS, enter your address here to find out what your home is worth right now. Click the image below then enter your address to find out what your home is currently worth.

Home Selling Tips Our blog for home sellers has tons of tips to help sell your home faster and add thousands of dollars to your bottom line. Check it out. 

We at The Kelly Broaddus Team with eXp Realty know that the only result that ultimately matters is that your home gets sold — and sold for the right amount. Satisfied clients say it all. Check out our 5 Star Reviews. 

If you have any questions about our market or are thinking about buying or selling in Flagstaff, don’t hesitate to call us at 888.446.5602 or email us at kelly.broaddus@exprealty.com. We’re out in the market every day helping clients to buy and sell in Northern Arizona, and we do research so we have the best advice to give you, no matter your situation.

You Might Be Interested In:

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Sold! Enjoy Beautiful Mountain Views From this Single Level Flagstaff Home on Nearly 3 Acres!  

    2 Beds |   2 Baths | $499,850

Nearly 3 acres!! Don't miss this great one level home. There is additional rooms that could be bedrooms. Spacious and homey, lots of custom work done on this beautiful home! Great partially fenced yard with a storage shed. Beautiful views all around. 

Photos and more information here:

northernarizonafinehomes.com/property/187770/

LOCATION

6270 Silver Saddle Road

Car-Dependent

Learn more about Flagstaff

Hwy 89A to Silver Saddle Rd, travel south approx .5 miles - home is on right

Amusement & Recreation 

• Flagstaff Extreme Adventure Course - Perfect adventure place for thrill seekers. 
• Cliff's Amusement Park - Unlimited rides for your whole family all day.
• Flagstaff Aquaplex - Is a city-owned recreation center with tons of amenities for kids and adults like pool, gym, large water slides & lazy river.

Dining Nearby

Visit Brandy's Restaurant & Bakery for an excellent place for breakfast. You must try pizza with soppresetta, pistachio and honey at the Fat Olives. If you're looking for crafted BBQ and Cajun cooking drop by at Satchmo’s it's just a small detour from the main road.

Nearby Schools

• John Q Thomas Elementary School
• Sinagua Middle School
• Coconino High School

Doney Park East Neighborhood Information 

Doney Park East area is located northeast of the City of Flagstaff. Home buyers will find homes on acreage, horse properties, manufactured homes, and ranches under the cool pines. Residents of Doney Park enjoy living on large lots of at least an acre, along with amazing views of the San Francisco Peaks and Sunset Crater Volcano. Visit the Doney Park East area page to know more about homes in this area.

Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see this beautiful single level home in Doney Park East or other houses for sale in Flagstaff.

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Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Sold! Adorable & Remodeled Single Level Home in Kachina Village

3 Beds  | 2 Baths |$319,980

Adorable home with everything you need! No expense or care was held back when this home was lovingly remodeled. Enjoy a fenced back yard with real grass, a garden spot and a chicken hutch. There is also a shed that is equipped with electricity. This home also has AC. A real treasure of a home!

Photos and more information here:

https://www.northernarizonafinehomes.com/property/185785/

Take a Virtual Tour: COMING SOON

Location

2337 Tishepi Trail

Car-Dependent

Learn more about Flagstaff

Dining Nearby Attractions & Recreation

• Flagstaff Extreme Adventure Course - Adventure Course has (7) different courses and they train you first on the Demo course. Very professional place, and all about safety. The second course is Adventure zip lines, which was closed and being checked by the professionals. They also have a Kids Course too.
• Fort Tuthill County Park - Incredible recreational area with the full campsite to top it off. Adventure climbing, hiking trails and Frolf course on location makes this the perfect weekend getaway with the concert venue within walking distance.

Dining Nearby

Nearby restaurants include Subway. An alternative to traditional fast food where they serve delicious ingredients and mouth-watering flavors of their sandwiches, salad and wrap combination. You can also find Olive Garden Italian Restaurant, they offer great menu choices with many healthy (gluten and vegan ) options. Check out the Cafe Rio Mexican Grill and try their authentic Mexican food freshly made everyday.

Nearby Schools

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Sold! Beautiful and Buildable Lot in South East City with Awe-Inspiring Mountain Views

2.38 Acres | $ 489,980

Beautiful heavily wooded lot with a large, flat buildable area. The lot has been surveyed and HOA approved plans are available upon request. This lot is equipped for city water and is on a city maintained road. This lot is part of the popular Continental Country Club, and is within city limits. It also features breathtaking mountain views and sits directly across from a park. It is a rare find!

More photos and information: northernarizonafinehomes.com/property/187663/

Location

4551 Green Mountain Drive

Car-Dependent

Learn more about Flagstaff

Dining Nearby

Looking for an unusual menu with a great range of flavors? Silver Pine Restaurant and Bar a great place for you. You must try pizza with soppresetta, pistachio and honey at the Fat Olives. If you're looking for crafted BBQ and Cajun cooking drop by at Satchmo’s, it's just a small detour from the main road.

Attractions & Recreation

• North Pole Experience - Give the kids details about Santa and his workshop. Kids get to see Santa and help him makes toys. 
• Wheeler Park - A great place to stay cool under the trees and enjoy outdoor with family.
• Walnut Canyon National Monument - Features prehistoric archaeological sites that are spectacularly located in cliffs and along the rim of Walnut Canyon. 

Schools

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Sold! Lovely Home in Boulder Pointe

    4 Beds |   2.5 Baths | $859,980

Beautiful home in coveted Boulder Pointe! Master on the main with living rooms upstairs and downstairs. Enjoy beautiful teak countertops and upgraded appliances. This home radiates warmth and comfort. Enjoy a ''secret garden'' in your back yard on an oversized lot. This home is a treasure and won't last!!

Photos and more information here: https://www.northernarizonafinehomes.com/property/187626/

Take a Virtual Tour: COMING SOON

LOCATION

2015 South Tombaugh Way

Car-Dependent

Learn more about Flagstaff 

Amusement & Recreation 

• Flag Tag AZ  experience their multi-level laser tag arena, classic arcades or their hand at axe throwing. A great place for family to relax and have fun.
• Flagstaff Extreme Adventure Course - Perfect adventure place for thrill seekers. 
• Wheeler Park- A great place to stay cool under the trees and enjoy the outdoors with family.

Dining Nearby

If you like fresh light salads with delicate and delicious flavor, Taverna Modern Mediterranean is the place to come! Taverna has been a favorite dining destination since 2019 for delicious Mediterranean inspired foods. Visit Olive Garden Italian Restaurant, they offer great menu choices with many healthy (gluten and vegan ) options. If you are looking for an amazing meal and enjoy Indian cuisine drop by at Delhi Place.

Nearby Schools

• Manuel De Miguel Elementary School
• Mount Elden Middle School
• Flagstaff High School

Boulder Pointe Neighborhood Information 

Visit the Boulder Pointe community page  for more information about this southwest city Flagstaff community surrounded by nature filled scenery and exceptional mountain views. 

Contact Kelly Broaddus at kelly.broaddus@exprealty.com  or call 888-4465602 to see other houses and condos for sale in Flagstaff.

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Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Sold! Fabulous Single Family Home in West Sedona

   2 Beds | 2 Baths | $599,000

The Sedona lifestyle is epitomized with this charming and clean home. Enjoy beautiful views out almost every window! Very lightly used home. Wonderful yard and peaceful setting. Walking distance from shopping, art galleries, movie theater and restaurants and the beautiful West Side of Sedona. Trails out your back door! VRBO is allowed at this property!!

Photos and more information here: northernarizonafinehomes.com/property/187204/

Take a Virtual Tour: COMING SOON

LOCATION

115 Grasshopper Lane

Car-Dependent

More information on Walk Score

Amusement & Recreation 

• Flagstaff Extreme Adventure Course - This place provides a safe, fun, physical and unique outdoor experience in the trees. 
• Sunset Park - The park features two shaded play areas, including one for small children, adult recreation areas, and ramadas where you can enjoy lunch and the beautiful natural setting.
• Sky Zone Trampoline Park - There's so much more to enjoy in this awesome place that could wear out your energy for hours.

Dining Nearby

• Tortas De Fuego Sedona - If you're looking for a place that offers Mexican home cooking then this is a great option. They serve a traditional Mexican foods in an authentic way.
• Picazzo's Healthy Italian Kitchen Sedona - The best tasting experience of Italian inspired cuisine that is 100 % gluten-free.
• Dahl & Di Luca Ristorante - is the most awarded restaurant in Sadona with with explicit Italian culinary. 

Nearby Schools

• West Sedona Elementary School
• Sedona Red Rock Junior/Senior High School

West Sedona Neighborhood Information 

The West Sedona neighborhood is close to Lake Mary and other recreational activities as well as shopping and NAU.  Visit the West Sedona community page for more information.

Come and see this nice home in West Sedona for yourself! Contact Kelly Broaddus at kelly.broaddus@exprealty.com  or call 888-4465602 to see other houses and condos for sale in Flagstaff.

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Sedona AZ Homes for Sale $500,000 & Above

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

According to the FBI, more than one million burglaries are committed in the United States each year, with victims suffering an estimated $3 billion in combined property losses.¹ Fortunately, there are some proven tactics you can use to decrease your likelihood of a home invasion.

Most burglars won’t go to extreme lengths to enter a residence. They are looking for easy access with minimal risk. A monitored security system can be an effective deterrent—homes without one are 300% more likely to be burglarized—but it isn’t the only way to protect your property.² The strategies below can help to maximize your home’s security and minimize your chances of being targeted by intruders.

Thinking about listing your Northern Arizona home? We have some additional recommendations for you. Contact us to find out the procedures we use to keep our clients and their property safe and secure during the buying and selling process.

1. Check Your Doors and Windows

According to home security company ADT, the most common entry point for a burglar is an unlocked front door (34%) followed by a first-floor window (23%) or back door (22%).³ So securing these points of entry is essential.

• Evaluate the condition of your doors and locks. 

A steel door is generally considered the strongest, but many homeowners prefer the look of wood. Whatever material you choose, make sure it has a solid core and pair it with a Grade 1 or 2 deadbolt lock with a reinforced strike plate.⁴

• Add window locks and security film.

Aftermarket window locks are an easy and inexpensive upgrade that can provide an additional layer of protection for your home. Choose a lock that is compatible with your window frame material and a style that is appropriate for the window type. And consider using a specialty film on windows that are adjacent to a door. Security film holds shattered glass in place, making the windows more difficult to penetrate.⁵

2. Landscape for Security

When it comes to outdoor landscaping, many of us think about maintenance and curb appeal. But the choices we make can impact our home’s security, as well. Thieves target homes that they can enter and exit without being detected. Here are a few tweaks that can make your property less appealing to potential intruders.

• Increase visibility from the street.

A privacy hedge may keep out nosy neighbors, but it can also welcome thieves—so trim overgrown trees and shrubs that obstruct the view of your property. According to police officers, they offer an ideal environment for criminals to hide.⁶

• Place thorny bushes and noisy gravel below windows.

Don’t eliminate shrubbery altogether, though. Certain hedges can actually offer a deterrent to robbers. Plant thorny rose bushes or sharp-leaved holly beneath your first-story windows for both beauty and protection. Add some loose gravel that crunches when disturbed.

3. Light Your Exterior

When it’s dark outside, criminals don’t need to rely on overgrown shrubbery to hide. Luckily, a well-designed outdoor lighting system can make your home both safer and more attractive.

• Install landscape lighting.

Eliminate pockets of darkness around your yard and home’s perimeter with strategically placed outdoor lights. Use a combination of flood, spot, well, and pathway lights to add interest and highlight natural and architectural details.

• Use motion-activated security lights to startle intruders.

The soft glow of landscape lighting isn’t always enough to dissuade a determined intruder. But a motion-activated security light may stop him in his tracks. And if you choose a Wi-Fi connected smart version, you can receive notifications on your phone when there’s movement on your property.

4. Make It Look Like You’re Home

Motion-activated lights aren’t the only way to make an intruder think you’re at home. New technology has made it increasingly possible to monitor your home while you’re away. This is especially important since most burglaries take place on weekdays between 10 am and 3 pm, when many of us are at work or school.²

• Turn on your TV and leave a car in the driveway.

A survey of convicted burglars revealed that the majority avoid breaking into homes if they can hear a television or if there’s a vehicle parked in the driveway.⁷ If you’re away from home, try connecting your TV to a timer or smart plug. And when you travel, leave your car out or ask a neighbor to park theirs in your driveway.

• Install a video doorbell.

In that same survey, every respondent said they would knock or ring the doorbell before breaking into a home. A video doorbell not only alerts you to the presence of a visitor, it also enables you to see, hear, and talk with them remotely from your smartphone—so they’ll never know you’re gone.

5. Keep Valuables Out of Sight

Few home invasions are conducted by criminal masterminds. In fact, a survey of convicted offenders found that only 12% planned their robberies in advance, while the majority acted spontaneously.⁸ That’s one of the reasons security experts caution against placing valuables where they are visible from the outside.⁹

• Check sightlines from your doors and windows.

Don’t tempt robbers with a clear view of the most commonly stolen items, which are cash (think purses and wallets), jewelry, electronics, firearms, and drugs (both illegal and prescription).⁶ Take a walk around your property to make sure none of these items are easily visible.

• Secure valuables in a safe.

Consider the possessions that are on display inside your home, as well. It’s always a good idea to lock up firearms, sensitive documents, and expensive or irreplaceable items when you have housekeepers or other service providers on your property.

6. Highlight Your Security Measures

While it’s prudent to hide your valuables, it’s equally important to advertise your home’s security features. In surveys, convicted burglars admit to avoiding homes with obvious protective measures in place.^7,8

• Install outdoor cameras.

Security cameras are the most common home protection device and for good reason.¹⁰ Not only do they help prevent crime (burglars are known to avoid them), they can offer peace of mind for homeowners who want to sneak a peek at their property while away.¹¹ And if you do experience a break-in, security camera footage can help police identify your intruder.

• Post warning signs.

Security system placards and beware-of-dog signs are also shown to be effective deterrents.⁸ Of course, you should back up your threats with a noisy alarm and loud barking dog for maximum impact.

7. Limit What You Share on Social Media

Social media platforms can be a great way to stay connected with friends and family, but it’s easy to reveal more than you’ve intended. Be thoughtful about what you’re posting—and who has access.

• Delay posting photos or travel updates.

It can be tempting to upload a concert selfie or pictures from your beach vacation. But these types of photos scream: “My house is unoccupied!” Try to wait until you’ve returned home to share the photos on social media.

• Set privacy restrictions on your accounts.

Think twice about connecting with strangers or casual acquaintances on social media. If you enjoy sharing family updates and personal photos, it’s safer to limit your followers to those you truly know and trust.

YOUR HOME IS SAFE WITH US

We take home security seriously. That’s why we have screening procedures in place to keep our clients and their homes safe when they are for sale. We also remind our buyers to change the locks before they move into their new homes and provide referrals to locksmiths and home security companies that can help. To learn more about our procedures and how you can stay safe during the buying and selling process, contact us at 888.446.5602 or email kelly.broaddus@exprealty.com to schedule a free consultation!

Sources:

1. Federal Bureau of Investigation -
   https://ucr.fbi.gov/crime-in-the-u.s/2019/crime-in-the-u.s.-2019/topic-pages/burglary
2. Bankrate -
   https://www.bankrate.com/insurance/homeowners-insurance/house-burglary-statistics/
3. ADT -
   https://www.adt.com/resources/how-do-burglars-break-into-houses
4. National Crime Prevention Council -
   https://www.ncpc.org/wp-content/uploads/2017/11/locking-your-home-reva-1-pdf.pdf
5. SafeWise -
   https://www.safewise.com/blog/10-simple-ways-to-secure-your-new-home/
6. Forbes -
   https://www.forbes.com/sites/houzz/2014/03/20/how-your-landscaping-can-keep-burglars-away/?sh=2a8addf27429
7. KGW News -
   https://www.kgw.com/article/news/investigations/86-burglars-say-how-they-break-into-homes/283-344213396
8. Science Daily -
   https://www.sciencedaily.com/releases/2013/05/130516160916.htm
9. Security.org -
   https://www.security.org/home-security-systems/home-invasion-protection/
10. SafeWise -
    https://www.safewise.com/resources/security-stats-facts/
11. The Guardian -
    https://www.theguardian.com/business/2017/aug/18/former-burglars-barking-dogs-cctv-best-deterrent

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Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Here are two buyer strategies that can give your offer an edge.

There are a couple of strategies that I usually have to explain to my buyer clients. These two strategies are appraisal waivers and escalation clauses. They are a little difficult to understand, but they can really give your offer an edge.

Appraisal Waivers:

This doesn’t mean there won’t be an appraisal. The lenders almost always require this. This waiver means that you agree to pay the difference between the amount the home appraises for and the offer you’ve made on the home. You even can designate a specific amount over the appraisal that you’re willing to pay if you’re not comfortable paying the entire difference.

"Escalation clauses and appraisal waivers work best when used together."

Escalation Clauses:

For this clause, you tell your agent the maximum price you are willing to pay and how much over the highest offer you want to bid. Let’s say a home is listed at $400,000, but you are willing to pay $2,000 over the highest offer up to $450,000. Another buyer places an offer at $415,000, so now you would be paying $417,000. This lets you make sure you have the highest offer on a home without overpaying.

However, there are a few catches with this clause. Some agents aren’t willing to honor them, so have your agent check with the listing agent first. You also want to make sure the amount you pay over other offers is significant so that the seller knows you’re serious. You need proof of other bona fide offers as well. Escalations clauses are also best used in conjunction with appraisal waivers since they can put your offer way over the market value of the home. 

If you have more questions about these two strategies or anything else real estate-related, feel free to give me a call. I’m happy to go into more detail and help you out.