karey brown team magazine oct 2013
DESCRIPTION
We strive to give the best service possible. We've looked for multiple ways to get our sellers homes the best coverage & we hope we've found it. Please share - share & share! This is our first edition and feedback is welcome! If you need to buy or sell, please, call The Karey Brown Team first at 785-213-5188TRANSCRIPT
Your Source For All Things Real Estate!
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Karey Brown Team
Keller Williams Legacy Partners Inc
785-213-5188 Cell
785-246-0336 Office
Thank you so much for taking to the time read our new magazine! My
team and I are always looking for additional ways to market our sellers
homes. Please feel free to tag, share, and email to anyone and everyone.
We want to help our wonderful sellers get their homes sold and we’d love
to do the same for you!
This is our first publication so go easy on us. We figured at over 20 pages
we’d bore you to tears so we didn’t pack a lot of articles in. We have a lot
of properties to sell and they are priority #1.
If you follow me on facebook you know I eat, live and breathe real estate.
I’ve been an agent since 2002 and have a team of great people working
with me. Their bio’s are in this edition. We are all learning based and
hard workers. Honesty, integrity and “get after it” attitude drives us all.
We love to laugh and joke but at the end of the day we are all about get-
ting your home sold. Expired or Withdrawn are two words we strive to
never hear. While we cannot create the market or change the unchange-
able; we do strive to keep our sellers informed.
We do our “job” everyday, the same as many of you do. I know it’s
unlikely I could step right into what you do and not have a million ques-
tions; we expect a lot of questions from our sellers. That’s what we are
here for!
We educate our buyers and have recently started a new
program that walks you thru the 21 points of the buying
process. It’s completely free to you and we are finding buyers feel more
confident in their home search. Call anytime to set up an appointment!
If you’d like more information on buying or selling a house please contact us at 785-
213-5188 or 785-267-0336. You are also welcome to email me at karey-
Referrals are the greatest compliment I could ever receive!
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Page 1
The Country club includes a private pool and restaurant that you are a short walk from! Step out the back door to the amazing view you see below but don’t worry about the golf balls because the owner (former
golf pro) has already gotten that taken care of with beautiful landscaping. The lower garage is a tandem 2 car that can store your golf cart and boat. Includes large walk out basement. ! Just 25 minutes from
Topeka or Lawrence. All in a 3BR/3BA/4Car Home
7885 Lake Ridge Parkway Ozawkie KS 66070
$249,900
Golfer & Lake Lovers
Dream! Walk out back
to Hole #1 on the Lake
Ridge Estates Exclu-
sive Greens. Lake
Perry Marina is a two
minute drive for sun &
fun! This is an active
community that has
lots of holiday events
for the whole family.
Plenty of space for
your boat and/or
camper! Open floor
plan , gorgeous hard-
wood floors. Enormous
living room with lots of
natural sunlight!
2225 SE Greenwood Ct Topeka, KS 66605
$219,500
Custom Shawnee Heights home
features soaring ceilings, custom
wood cabinets, 4 BR/2.5 BA/3Car
Garage. Sits in an up and coming
subdivision with easy access to the
interstate and walking distance to
Lake Shawnee! Gleaming hard-
wood floors, main floor master
with large master bath and closet.
Unfinished basement ready for you
to finish to your taste and stubbed
for a 3rd full bath.
Meticulously main-
tained and has so much
to offer. Walk in pantry,
main floor 1/2 bath for
the guests. Three large
bedrooms for the chil-
dren upstairs with a
large bathroom and
landing big enough for a
play area or home of-
fice. Nice size deck off
the back of the home
still leaves room for a
fenced back yard for a
swing set and the
families pets.
4515 SW Crenshaw Dr Topeka KS 66610 $205,000
Maintenance Free on Birkshire Golf Course with lots of
natural light, high ceilings, custom wood kitchen with
wood floors. Main floor laundry, beautiful fireplace,
daylight windows in basement with a large family room
and tons of storage.
3 BR, 3 BA, 2 Car Ranch! Walking distance from
Country Club where work out facilities,
swimming pool are ready!
Washburn Rural
School District!
Step out onto the
deck and enjoy the
golf greens. Lots of
natural sunlight and
Tons of additional
storage for addi-
tional square footage
potential. This
home has 2,390 fin
sf. Colly Creek Sub-
division.
Built in 2000.
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7024 SW 19th Lane Topeka KS 66615 $141,000
Washburn Rural School Dis-
trict! Spacious rooms, coffered
ceilings and neutral colors.
Large kitchen/dining combo.
Large family room with unfin-
ished walkout basement. Built
in 2007 this home has 3 BR, 2
BA/2 Car Garage. Enjoy
watching the kids in the fenced
backyard.
12755 S Burlingame Rd, Burlingame, KS 66413 $115,000
Country living close to the town of Burlingame. All paved road! Situated on 9.6 acres. Home has gleam-ing hardwood floors, large kitchen, formal dining and open floor plan. The home also features a sun room! Not a neighbor around! Two level 40x40 outbuilding with electricity for a mans dream of a workshop.
You’ll have plants that would be the envy of all of your friends in this great sun room. There is a basement for storage and storms.
Wide open kitchen with additional cabinets not in the picture. Tons of space and room for an island if you wanted one.
2521 SE Shawnee Heights Road, Tecumseh, KS 66542
$155,000
This well maintained Tecumseh home
is situated on a huge lot, just under
one acre! Home features 3 bed-
rooms, 3 full baths, plus 2 more non-
egress rooms in finished basement!
Gleaming hardwood floors, two fire-
places, one in living room and one in
basement rec room, an open kitchen
with plenty of room to move around
and formal dining room.
The backyard is partially fenced, with a patio, making this
the perfect spot for friends and family to gather for a fun
summertime BBQ. Come Christmas, cozy up to the fire-
place with some hot cocoa and relax or pitch in and help
in the large kitchen! The basement in addition to the fin-
ished space has even more space that could be com-
pleted! Much larger than it appears for sure!!
16798 Harveyville Rd, Harveyville, KS 66432
$119,000
Mission Valley!! This great
manufactured home sits on 5.18
acres and is surrounded by land!
The back deck overlooks a great
little pond (not a part of the prop-
erty) but is a great view to sit and
enjoy. The home was constructed
in 2009. Open floor plan and
much larger on the inside than it
would appear. Large master bed-
room with great master bath!
The home has a total of 3 BR/2
full baths and 4 car barn. The
trees block the home from the
street giving you the feeling of
sitting in your own like oasis.
Newer carpet, paint, and just a short drive to the town of
Harveyville. There’s nothing like country living to
soothe the soul after a long day at work. Plenty of room
for the man of the house in the barn to work his magic on
his many projects.
918 SW Lindenwood Ave, Topeka KS 66604 $74,900
Super cute! Enjoy your morning coffee on the covered porch or let the kids and pets run in the fenced back yard. This 2 bedroom home has hardwood floors through-out and formal dining with built in china hutch and window seat. Main floor master bedroom and full size basement. Home has new sewer line and many other updates. There is also an office area off the kitchen that overlooks the back yard.
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1611 SE 43rd St Topeka KS 66609
$156,900 This nice Shawnee Heights
home has tons to offer! A su-
per large kitchen with walk in
pantry and breakfast bar. Cus-
tom cabinets with lots of built
ins and pull outs. Plenty of
room for a kitchen table in ad-
dition to a formal dining room.
Large main floor family room.
All of the bedrooms are on the
main floor. The nice size mas-
ter bedroom has it’s own bath
and his and her closets.
The basement also features a nice size
family room with full wet bar, an office ,
1/2 bath and super size laundry room and
bonus room that could be a craft room or
bedroom. The large garage is plenty large
enough for oversized vehicles. The pri-
vacy fenced back yard also has a large en-
tertaining deck and storage shed.
4401 SW 19th ST, Topeka KS 66604 $78,900
Check out this super cute 3 BR, 1 BA, 1 Car You’d never know from the street this house has 1,008 sq ft! Two family rooms, really large kitchen and master bedroom. Updated kitchen and bath. Extra nice corner lot with a fenced back yard. Low maintenance siding, entertaining patio and tons of room for the kids to play.
Much large than it appears: Super cute den with wood siding walks out to
back yard and has a large laundry closet. →
←Updated kitchen has new counter tops, newer appliances, newer ceramic floors and a large pantry cabinet for storage.
Large corner lot also has a huge fenced back yard. Entire lot is not
fence. Nice shade from mature trees and large patio →
↓ Built in Hall Cabinets
↑ Much larger than it appears living room, is the heart of the home with this open floor plan.
↓ Large master bedroom just off the living room
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3511 SW Westview Avenue, Topeka $47,900
With a little updating this 3 bedroom, 1 bath home will be cute as a button! New carpet, cozy fireplace in living room,
nice sized backyard with patio & storage shed.
9168 Delaware Drive, Ozawkie $56,900
Financing here can be a breeze, bank says bring offers! Nice manufactured home just a short drive from Lake Perry. This
4 bedroom, 2 bath home features an open floor plan, kitchen with island and pantry and new carpet and a fresh
coat of paint! All that’s left to do is move in!
2146 SW Indian Trail, Topeka $65,500
This 2 bedroom, 1 bath would make a cute starter home!
Pretty, hardwood floors throughout and nice fireplace in the huge living room. There is a bonus room that would make a
great office area off the living room that leads to the deck off the large, fenced backyard. There is tons of attic storage space
that is accessible through the utility room.
1924 SW Quivira Drive, Topeka $74,000
Potential here! This is a 3 bedroom, 2 bath home with room to grow in the basement. There is a deck off the side entry way and the nice sized, fenced backyard is a perfect spot for friends and
family to gather!
4150 K-16 Highway, Soldier $85,000
If you are looking for privacy this is the home for you! Set way back in the trees on 9.8 acres sits this huge 4 bedroom, 4 bath manu-
factured home with full, finished basement! Home features decent sized rooms, sitting area off the master bedroom, massive rec
room in basement plus a wet bar area!
2024 SW Westwood Drive, Topeka $86,000
This 4 bedroom, 1.5 bath is way bigger than it looks from the road! This home features a cozy fireplace in the living room, spa-
cious rooms, hardwood floors and a deck leading to the large backyard! The finished basement has 2 family/rec room areas, 1
of which has a great wet bar.
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11936 S Burlingame Road, Burlingame
$41,900
Let your imagination run wild here and build your dream home! 12.5 wooded acres makes for privacy and tons of potential! The foundation from a 2000 sq.ft.
home that was lost in a fire is still on the property, buyer inspections will tell if the
215 NE Twiss Avenue, Topeka
$19,900
This is a 3 bedroom, 1 bath home in the heart of Oakland. Property has partial basement and sits on a large lot with easy alley access. For the right
person this will be a great project house!
10611 Jesse James Road, Ozawkie
$22,500
3 bedroom, 2 bath double wide manufactured home in the quiet city of Ozawkie. Property has nice sized yard, storage shed and carport! Just a short drive and you are at beautiful Lake Perry!
4 inShare
Written by:
Tara-Nicholle Nelson
Myth: The increase in home prices, which is hyperlocal, will be the tipping point in mak-
ing renting a home cheaper than buying, in most areas.
Fact: Actually, the biggest factor narrowing the gap between the cost of buying and the cost
of renting is rising mortgage rates – which affect the entire country. In fact, the benefit of
buying relative to renting shrank in nearly all of the 100 largest metros over the past year:
only in Springfield, MA did the gap widen, from buying being 47% cheaper than renting
last year to being 49% cheaper than renting today.
Nationally, rising mortgage rates account for about 8 points of the 10-point shift from buy-
ing being 45% cheaper than renting one year ago to being 35% cheaper now. The other 2
points are due to prices rising faster than rents. (How did we figure that out? If you used to-
day’s prices and rents in the rent vs. buy calculation but used a 3.5% mortgage instead of a
4.8% mortgage, buying would be 43% cheaper than renting – 2 points less than last year.)
Because fluctuating mortgage rates can affect the rent versus buy math, we identified the
mortgage rate “tipping point” at which renting becomes cheaper than buying, given current
prices and rents. If rates keep rising, San Jose will tip first in favor of renting, at 5.2%. Al-
ready today, at 4.8%, buying is just 4% cheaper than renting in San Jose. The tipping point
is below 6% in San Francisco and Honolulu as well, and below 8% in New York, Los An-
geles, and seven other major metros.
Buyers are sometimes stunned at the number of potentially life-changing decisions and
choices they are required to make over the course of a house hunt. This neighborhood or
that one? Condo or single family? Fixer or move-in ready? Is that the right house? How
much to offer, and on what terms? When to make an offer? Whether to remove contingen-
cies?
And that’s just the short list.
But one of the most basic decisions real estate consumers ever make is the most impactful
one, and it’s often one they make before they have the benefit of our expertise: whether to
rent or to buy their home.
3 Rent vs. Buy Market Myths
At Trulia, we recently released what has been called the most sophisticated Rent vs. Buy calculator ever – you
can work with it and experiment with some of the inputs your average buyer client would likely use here. The
calculator allows smart would-be buyers to understand the many economic factors that influence whether it is
cheaper to rent or to buy in their area and more importantly, in their personal situation, including line items
like:
• how long you intend to stay in the home;
• your income tax bracket;
• mortgage down payment, term and interest rate;
• property taxes;
• closing costs or selling closing costs;
• rental and homeowners insurance; and
• utilities.
When buyers do come to you with assistance on the rent vs. buy decision, you might find the calculator helpful
in showing them how their personal life and financial factors change the equation, and helpful in putting to-
gether an action plan that takes them to ready-to-buy with increased savings or a more conservative purchase
price.
The calculator also makes it incredibly simple for you to help clients understand alternative scenarios by
changing the mortgage rate, the income tax bracket for tax deductions, and the number of years that they plan
to stay in the home.
We asked our Chief Economist Jed Kolko to help us understand the math – and the myths – around the rent vs.
buy cost factors nationwide. Here’s what he had to say:
Myth: Rising home prices and mortgage rates make it more expensive to buy than to rent.
Fact: Homeownership remains cheaper than renting nationally and in all of the 100 largest metro areas. But
rising mortgage rates have narrowed the gap between the cost of buying and the cost of renting.
The 30-year fixed rate is now 4.80%, compared with 3.75% one year ago (according to the Mortgage Bankers
Association, or MBA). This jump in rates has raised the cost of buying relative to renting. As a result, buying
is 35% cheaper than renting today, versus being 45% cheaper than renting one year ago.
The key reason buying is still cheaper than renting is this: both rates and prices are rising from very low levels
and are still below their long-term historical norms. But the rent versus buy math depends on your local mar-
ket, as rising rates and prices have pushed a handful of metros very close to the tipping point when renting be-
comes cheaper.
Myth: The mortgage interest deduction is the only reason home ownership is more affordable than renting.
Fact: A key factor affecting the rent-versus-buy math is whether you itemize deductions on your income taxes
and what tax bracket you’re in. If you itemize, you can deduct mortgage interest payments (not principal pay-
ments) and property tax payments from your income before calculating how much you owe in taxes. That said,
only 33% of tax filers choose to itemize. Itemizing lowers the cost of buying relative to renting – especially if
you pay taxes at a higher rate, because that means you’re deducting more.
But buying remains cheaper than renting almost everywhere even if you don’t itemize. Without itemizing – or
if your tax situation means you get no benefit at all from itemizing – buying looks 22% cheaper than renting
nationally. And buying still beats renting in 97 of the 100 largest metros – everywhere but San Jose, San Fran-
cisco, and Honolulu, even without assuming that the buyer will itemize their taxes and use the mortgage inter-
est deduction. Source: Trulia® pro blog For Real Estate Professionals
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5651 SW Foxcroft South Topeka $39,500
KW Legacy Partners
MLS # 172654Status ActiveBasement YesBedrooms 1Full or 3/4 Baths 11/2 Baths 0Garage Capacity CarportApprox Lot Size Under 1 AcreStyle 2 StoryApprox Age 21-30 YearsApprox Total FinArea
Under 1000
Asking Price $39,500How SoldPublic Remarks 1 BR, 1 Bath, 2nd floor condo, move in
ready! Appliances are included and are
Karey BrownKW Legacy PartnersMain: (785) 246-8075Pref: (785) 213-5188
2945 SW SW Wanamaker DrTopeka KS 66614
This information is deemed reliable, but not guaranteed. Square Footage listed on this property is estimated.
PROPERTY INFORMATION
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