Lexington, KY Real Estate News

By Erby Crofutt, The Central Kentucky Home Inspector, Lexington KY
(B4 U Close Home Inspections&Radon Testing (www.b4uclose.com))
Not everybody remembers to take their hose oif the exterior faucets before winter sets in.  Did you?   I'd bet the plumber will charge a couple of hundred bucks to come out and fix the cracked up in the crawl space of this home. Winter and freezing weather require some preparation at your house. I hope you've prepared your home.
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
Anthropologie Now Open In Lexington KY! Lexington Green Years ago, I stepped in my first Anthropologie store in Orlando. Now It's finally in Lexington KY at Lexington Green. It sure took a long time but well worth the wait to see all this eye candy. I waited a day so the grand opening crowds would be less then I ventured inside. I was amazed by the gorgeous displays and unique clothing, gifts and home decor.  I had pre-viewed some of the items online the night before and was hoping to see what they looked like in the store. I'm pretty big on taking pictures and I have to say that the Internet pictures really look wonderful and the items are great in person also. After walking in, I talked myself out of many things. There is so much to see!  The displays of merchandise give a person many...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Emerson Woods Subdivision, Five Year Market Report, Lexington Ky 40517 A map of Emerson Woods Subdivision, Lexington Ky 40517.   These first two graphs show homes sold and the average price. Be sure to scroll down to view the graphs that show the number of days on the market and the square footage of the homes sold. Graph of homes sold and prices over the past five years in the Emerson Woods Subdivision in Lexington Ky 40517 Emerson Woods Subdivision is a neighborhood that is a short commute from downtown Lexington and the University of Kentucky. It is about a mile outside of New Circle Road and an easy walk to Tates Creek Center for shopping and very close to Tates Creek Library. For more details on this coveted neighborhood click on this link. This is a small neighborhood so the numbe...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Beaumont Subdivision, Lexington Kentucky 40513 Beaumont Subdivision, Lexington Ky 40513 The Jubilee Team sold this home in Beaumont Reserve in 2012   The Beaumont Subdivision is subdivided into eleven areas including Beaumont Reserve, Beaumont Sanctuary, Beaumont Gardens and others. Homes range in age from new construction to ones built in the late 90’s. The average home sold in Beaumont is approximately $400K and 3,300 finished square feet. However, a buyer at any one point will find that options vary greatly from a handful in the mid $200s to a dozen in the over $1 million price point! I will write some about these specific Beaumont areas at a later date. Find Homes in Beaumont Subdivision, The Reserve   Why do people live in Beaumont Subdivision?   Location - Arguably the best locati...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Leaf collection schedule and details for 2012 in Lexington, Ky: If you want to let the city collect your leaves in Lexington this year then now is the time to get prepared.  The collection starts today and will be finished before Christmas. The map below shows how the city is divided into areas for collection.  Collection begins today in area A which is basically between Nicholasville Road and Richmond road. The details on when these areas will receive the leaf collection for Lexington are listed below in this blog. The basic facts about the leaf collection are listed below.  This is taken from LexingtonGov.com. My understanding is that these leaves are composted.  So if you do not have your own compost bin you can let the City collect your leaves, compost them and then buy them back fr...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Lansdowne Merrick Subdivision 5 Year Market Report, Lexington Ky 40502 Lansdowne Merrick Subdivision, Lexington Ky A saltbox style home at the end of a street.   These first two graphs show homes sold and the average price. Be sure to scroll down to view the graphs that show the number of days on the market and the square footage of the homes sold. Lansdowne Merrick Subdivision is a neighborhood that is a short commute from downtown Lexington and the University of Kentucky. It is inside New Circle Road and an easy walk to Chinoe Center and Lansdowne Shoppes. It is also a short walk to Julius Marks Elementry. For more details on this coveted neighborhood click on this link. This is neighborhood that just does not have a large turnover so our numbers of home sold is not very large. There ...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Emerson Woods Subdivision, Lexington Kentucky 40517 A bike route runs adjacent to the middle of Emerson Woods Subdivision in Lexington Kentucky   Why do people live in Emerson Woods Subdivision? Location, Location, Location A quick commute of less than four miles to most of the action in Lexington. Four miles to downtown and less to The University of Kentucky. Just south of New Circle Road which allows residents to quickly access the interstates to Louisville, Cincinnati, Tennessee and West Virginia. Great sidewalk access for safe walking to public parks, shopping and schools, and the library Value Emerson Woods Subdivision, Lexington KY 40517 has homes that are easy to maintain because of their age. Most of these homes can be purchased with a small down payment with a monthly payment o...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Gainesway Subdivision, Lexington Ky 40517 Large pin oak trees shade this remodeled split level home in Gainesway Subdivision, Lexington Ky 40517 Why do people live in Gainesway Subdivision? Location, Location, Location A quick commute of less than three miles to most of the action in Lexington. Three miles to downtown and less to The University of Kentucky. I know a professor at UK who lives in Gainesway and commutes to work on his bicycle. Just south of New Circle Road which allows residents to quickly access the interstates to Louisville, Cincinnati, Tennessee and West Virginia. Great sidewalk access for safe walking to public parks, shopping and schools. Value Some of the best home values per square foot in Lexington are in this well established neighborhood. A large variety of decid...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Lansdowne Merrick Subdivision, Lexington Ky 40502 Lans-Merik Subdivision, Lexington Ky A saltbox style home at the end of a street. Why buy a home in Lansdowne Merrick Subdivision? Location, Location, Location Lansdowne Merrick Subdivision, Lexington Ky 40502  is less than three miles to downtown and to the University of Kentucky. Lansdowne Merrick Subdivision is a short walk to one of Lexington's boutique malls, Chinoe Center. My wife loves the intimacy of the Kroger's grocery at Chinoe. My favorite pies are baked at the "Sweet Magnolia Bakery" in Chinoe Center. Residents of Lansdowne Merrick Subdivision are also only a short walk to Lansdowne-Merrick Park. This large park has majestic trees, walking trails, playground equipment, a basketball court and picnic areas with large green spa...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
This blog post is written for first time home buyers.  However if you have not purchased a home in the past 6 years then much of this post can also be very helpful for you.   Before the recession buying a home was not very difficult.  Today you must have been pre approved for a loan if you want to buy a home.  Sellers and agents want to know you are capable of buying before working with home buyers. Don't waste time looking for a home before getting pre approved. You need to be ready to show the sellers you have the money.   The biggest difference in buying six years ago and buying  now is getting financing.  Too many buyers assume they are ready to buy when they have not even talked with a loan officer.   In today's housing market you need to get a pre approval letter from a loan offic...
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
Breathing The Life Back Into An Expired Listing House pictured is not a current listing or for sale Sellers do usually have the best intentions when they put their homes up on the market. Most want to get top dollar for their homes. Some spend a lot of time getting their houses ready by painting cleaning and staging.   Every now and then, I have had sellers be very proactive and go through a home inspection prior to listing so they can find out ahead of time what the problems might be that they can repair before a buyer looks at it. This is really a great idea, but few sellers do this.   Some home inspections can kill a deal. Happy buyers get disillusioned when they show up for inspection and all the wonderful things they loved about the house get shot down by all the bad things that ar...
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By Dale Sikkenga
(RE/MAX Creative Realty)
TALON WINERY   My husband of 14 years decided to take me on a date and we went to TALON WINERY in Lexington Kentucky.This winery offers a walking tour. You can tour their vineyards, and take a sneak peak at their winemaking process,scenic rolling hills and more. Or you can go to the Homestead house and enjoy a taste test of their white,reds,fruits and blushes. My favorite was their sweet Bluegrass Blush. The farmhouse was built in the 1790's by Isaac Shelby,who became the first Governor of Kentucky.     Talon Winery grows six varieties of grapes on five acres of land they are located at 7086 Tates Creek Road Lexington,KY 40515     www.talonwine.com   Great date thanks Tim xoxoxo   See what Kentucky has to offer!
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
Labor Day Weekend In Lexington KY   Can you believe the whole summer is almost gone and we are looking at what to do for Labor Day in Lexington KY? It all starts on Friday August 31 at 5:30PM with The Fest of Ales in Cheapside Pavilion downtown Lexington KY. Then there is the 9PM after-party at Pazzos on Limestone and Euclid. Transportation will be provided by Colt Trolley.   Also, the Bluegrass Classic Dog Show that started on August 30 and runs to Monday September 3, 2012 will be at the Kentucky Horse Park in the Alltech Arena.   The Lexington Farmer's Market will be in full swing on Saturday September 1, 2012 downtown at the Cheapside Park and Fifth Third Bank Pavilion.   Check out the Lexington Legends vs Rome Braves at the Whitaker Bank Ball Park on Saturday September 1, 2012 at 7:...
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By Erby Crofutt, The Central Kentucky Home Inspector, Lexington KY
(B4 U Close Home Inspections&Radon Testing (www.b4uclose.com))
  Lexington KY Model Airplane Club Benefit   11:000 AM  - 4:00 PM  September 13, 14 & 15, 2012  4200 Hedger Lane, Lexington, KY  (10 minutes east of Lexington off Exit 87, I-64(See map below) The Lexington Model Airplane Club is once again having a benefit for Cardinal Hill Hospital. The event is free but they do ask that you make a donation to Cardinal Hill Hospital at the gate. A great time and a good way to explore model airplane flying. More information? visit the Lexington Model Airplane Club website or contact Curtis Adams 859-421-0421 cadams5420@gmail.com      
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Prices continue to climb in the Central Kentucky housing market but inventory still remains fairly high.  We are seeing the inventory in Fayette County begin to near a neutral market and in some price ranges Fayette County has now become a seller's market. The last column in the chart below shows the months of inventory of homes for sale in Central Kentucky for the various price ranges.  The  chart that follows shows the same for just Fayette County.   Prices are up but inventory is still a buyer's market in Central Kenucky for July 2012     The chart below shows the inventory for homes on the market in Fayette county is trending toward seven months.  Historically six months is the turning point.  If the inventory falls below six then we tend to be in a seller's market.  For homes price...
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By Lizette Fitzpatrick, Lizette Realty, Lexington KY MLS - Kentucky Homes
(Lizette Realty - Richmond KY)
Shocking That Thieves Now Target Children For Identity Theft! Is It Time To Check Your Credit For A Home Loan? Your identity may have already been stolen by thieves. Maybe since you've been an infant!   Sounds simple, especially if you are at least 18 and have no debt, just getting started in life. I was watching ABC News a few nights ago with Diane Sawyer and there was a segment on child identity theft.   She said 1 in 10 infants and children have had their identity stolen by thieves. They open accounts after defaulting on others and can run up huge debt.   It can be years before parents can find out. Imagine as you child comes of age and you are wanting him/her to establish credit and get started in life. That would be to buy a home also.   Places where the social security numbers can...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
These three homes have recently had their prices lowered.  Opportunity knocks like this rarely. $65.00 a square foot, in excellent condition, only 9 years and a large yard with covered patio. Live in a Lovely Lexington home less than 10 years old for less than you can rent.                 Like new home in a coveted neighborhood.  2996 Waco Rd, Lexington Ky 40503 A $4,000 price drop on an immaculate home.  Easy living in a ranch that has been lovingly pampered by the original owners.  This is a highly desirable neighborhood. Too nice to be true? See for yourself. Check out this home for sale in Lexington Ky $54.00 a square foot and ten minutes or less from the University of Kentucky 3418  Pimlico Pkwy, Lexington, Ky 40517   Huge home waiting for the family that needs lots of room.
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Ten years old home for sale and in excellent condition for less than $67.00 a square foot in Lexington Kentucky. Live in a Lovely Lexington home less than 10 years old for less than you can rent.   Four bedrooms and three baths built by PSC homes in Lexington Kentucky for sale and only $189,900. Open floor plan with a spacious kitchen, large bedrooms, and an over sized garage for sale in Lexington Kentucky on a very large fenced lot priced much less than you could buy new. A lovely large home in Lexington Kentucky awaits your enjoyement with huge rooms, huge yard and a very small price.   A large bright laundry room with even a window and an additional closet, raised vanities, a whirlpool bath, updated light fixtures, and a large covered patio are among the many amenities you will find ...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
This is another blog post about another atypical market of homes in Lexington Kentucky. Lovely Creek, trees and grass adorn this lovely Beaumont home. Lexington is like most cities in our United States.  It has places where home prices have fallen significantly and it has other places where prices have continue to increase even in this turbulent economic time. The Beaumont subdivision which lies just west of Harrodsburg Road and north of Man of War is one of those areas where prices have showed a slight increase in the past year. Home Prices Drop in 2011 I reported in a post written in March that Central Kentucky prices of homes sold in 2011 had dropped below the prices of homes sold in 2004.  This is pretty bleak news for many home owners trying to sell their property. Enjoy the elegan...
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By Paul Campbell Realtor Lexington, Kentucky Homes for Sale
(Rector Hayden, Lexington, Ky)
Where to Buy Organic Fertilizers The place to get the best value is New Earth Garden Center in Louisville.  You can buy 50 pound bags of nutrients and they will ship them to you, or of course you can drive to Louisville and pick them up.  With the cost of gas right now I doubt you will save much driving. Staking the tomatoes keep the garden neater and they ripen sooner.   If you are on a limited budget and want just enough organic nutrients for this year then I would go to Lowes.  This is the first year I have seen Lowes with a decent selection of organic nutrients.  You could also try Fayette Seed but I think they are usually high priced and I have been disappointed in their supply of organic products. What do those numbers on the bags mean? First of all not all organic fertilizers are...
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