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Chattanooga home prices rise as sales rebound

by Dave Flessner The Chattanooga Times Free Press

Buoyed by a 15 percent jump in third quarter home sales this year, the median price of existing homes sold this summer rose more in Chattanooga than any Mid-South market, according to a report today from the National Association of Realtors.

The typical existing single-family home in metropolitan Chattanooga sold in the third quarter for $128,700, or $13,200 more than in the same period a year ago.

The gain in Chattanooga home prices came despite a nationwide decline of 4.7 percent in the past year.

The median price of homes sold in the third quarter of this year was still 24 percent below the U.S. average of $169,500 for existing single-family homes, NAR figures show.

In a separate report released today, the Greater Chattanooga Association of Realtors said area Realtors sold 1,623 residential units during July, August and September this year, up 15 percent from the same quarter in 2010.

http://www.timesfreepress.com/news/2011/nov/09/chattanooga-home-prices-rise-sales-rebound/

Paula McDaniel
Cell: 423-355-0311
Fax: 423-598-7277


Shelley Talton
Licensed Assistant to Paula McDaniel

Direct: 423-308-5447
Prudential RealtyCenter.com
7522 E. Brainerd Rd.,
Chattanooga, TN 37421

Office: 423-899-5943

 

© 2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. Licensed in TN & GA.

 

Open House in Golfing Community, Nov. 13th 2-4pm

by Paula McDaniel, Chattanooga Realtor.

Open house this Sunday, November 13th from 2-4 at 5804 Rainbow Springs Drive in the Golfing Community of Eagle Bluff/River Run!!!!

Directions: North on Hwy 58, left on Hickory Valley Road, left on Vincent, right into River Run/Eagle Bluff, and right on Rainbow Springs.

MLS# 1166296 $410,000

Virtual Tour of the home can be found at http://www.tourfactory.com/767186

Paula McDaniel
Cell: 423-355-0311
Fax: 423-598-7277
Prudential RealtyCenter.com
7522 E. Brainerd Rd.,
Chattanooga, TN 37421

Office: 423-899-5943

© 2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. Licensed in TN & GA. 


North Pole Train Ride - Tennessee Valley Railroad Museum

by Tennessee Valley Railroad Museum

http://tvrail.com/pages/schedule/northpolelimited.php

Since 1999, the Tennessee Valley Railroad Museum has been carrying all the good boys and girls of Chattanooga and surrounding areas to the North Pole for a visit with Santa Claus. This year, TVRM is proud to announce that Jolly Old St. Nicholas has once again asked that we extend our services and take everybody back to the North Pole again!

Santa’s elves have been busy preparing the tracks and we hear that they’ll be routed through locations such as Santa’s Workshop! Storytellers are buying fresh copies of The Polar Express to read to everybody and elves are busy getting Yoo-Hoo chocolate drinks and cookies ready so that all the children will have something to eat and drink on the trip!

Santa has even arranged for our station to keep everyone warm and dry while waiting for the North Pole Limited to arrive, complete with a dining area for those with an appetite. (See our Depot Deli menu HERE)

Note: All activities take place on the train during your 75 minute trip. Passengers will not detrain at the North Pole, but Santa boards and greets the children as the train travels back to Grand Junction Station.

Tickets:    
$24 for ages 1 and up    
All trips depart from: Departs at: Returns at:
Grand Junction Station 5:45 PM Approx. 7:00 PM
[directions, info] 7:30 PM Approx. 8:45 PM

TICKET UPGRADE~ Ride in "Santa's Private Car" which provides an even higher level of service to a limited number of passengers. Riders in this extra-fare car will receive hot chocolate served in a keepsake tumbler, fresh-baked Christmas cookies, lower seating capacity, an extended visit with Santa, and personal service by our attendants. The rate for this service is $48 per person. Order well in advance as this accommodation is popular!

Paula McDaniel
Cell: 423-355-0311
Fax: 423-598-7277


Shelley Talton
Licensed Assistant to Paula McDaniel

Direct: 423-308-5447
Prudential RealtyCenter.com
7522 E. Brainerd Rd.,
Chattanooga, TN 37421

Office: 423-899-5943

 

© 2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. Licensed in TN & GA.

 

Hixson Waterfront Home Reduced by $75,000

by Paula McDaniel, Chattanooga Realtor.

$75,000 PRICE REDUCTION! Now priced at $975,000! 7626 Nelson Spur Road, Hixson, TN 37343

MLS#1167436

SCHEDULE YOUR TOUR TODAY!

 

Paula McDaniel
Cell: 423-355-0311
Fax: 423-598-7277


Shelley Talton
Licensed Assistant to Paula McDaniel

Direct: 423-308-5447
Prudential RealtyCenter.com
7522 E. Brainerd Rd.,
Chattanooga, TN 37421

Office: 423-899-5943

 

© 2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. Licensed in TN & GA.

 

Chattanooga, TN on the Today Show

by Paula McDaniel, Chattanooga Realtor.

Five Easy and Affordable Road Trip Getaways!

Visit msnbc.com for breaking news, world news, and news about the economy

 

Paula McDaniel
Cell: 423-355-0311
Fax: 423-598-7277


Shelley Talton
Licensed Assistant to Paula McDaniel

Direct: 423-308-5447
Prudential RealtyCenter.com
7522 E. Brainerd Rd.,
Chattanooga, TN 37421

Office: 423-899-5943


© 2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. Licensed in TN & GA.

 

Can Your Kitchen Appliances Sell Your Home?

by Matt Malmgren

For potential home buyers, the sight of an older appliance can be a predictor of the condition of the entire house. Appliances that are poorly maintained or show heavy usage and "wear and tear" can lead a buyer to believe that other aspects of the home have suffered a similar fate. Additionally, older appliances bring up fears of reliability and much dreaded future repair calls.

With dozens of comparable homes on the market these days, sellers are faced with the challenge of how to make their home stand out from the crowd. How much does updating your kitchen appliances boost a home's appeal?

Alluring The Buyer

Five years ago, my wife and I (along with millions of other Americans) made the decision that the timing was right to finally purchase a house. Although online real estate was growing and homes could be viewed online, we still wanted to go the traditional route and examine these properties in person. We felt that, even with a multitude of photographs, it was difficult to get a good read on a home, and more specifically, what kind of condition the kitchen is in.

Like most families, we spend a majority of our time in or around the kitchen and wanted a home that would be supportive of our lifestyle. Looking back, the details about these kitchens that remain vivid in my memory are not the decor or room layout, but the appliances. I can still remember the condo that had the stove range with the mechanical clock and the ranch home with 50's fridge that weighed more than our Honda. Since many homes received offers within hours of being put on the market, we needed to quickly assess all properties and I couldn't help weigh in the condition of the appliances into our decision.

What To Do About Your Kitchen Appliances

If you can afford new appliances and it makes sense to do so for the resale value of the home, replace them before it goes on the market. Walk through any model home in a nearby development to see how kitchens are staged to the taste of current buyers. For instance, stainless steel provides the modern look many buyers seek as well as serving as a neutral background that will match with almost any other color combination. Stainless steel appliance costs have come down dramatically in recent years.

For homeowners who really want to impress potential buyers, consider high end appliances from companies like Viking, sub-zero and Thermador, which exude both luxury and superior quality and appeal to people in the food industry, like my wife who is a personal chef.

However, if you decide that you should keep the current appliances, here are a few tips for restoring their appeal.

To start, do a deep cleaning. Dilute water with baking soda for the dishwasher, ammonia-water mixture for the stove. If heavy scrubbing isn't your cup of tea, hire a cleaning service to do a "move out cleaning".

Some inexpensive and creative ideas that I've come across to makeover your fridge doors are: 1) cover it with fabric; 2) apply a layer of wall paper; or 3) apply a coat of "appliance paint", which comes in black, white, and even a faux stainless steel.

Ask your Realtor® for advice as well. Realtors are one of the best local resources available and are responsible to know what's best for selling a home.

Appealing to Green Buyers

Besides adding to the overall attractiveness of the kitchen, modern appliances have a distinct advantage of their older counterparts: energy efficiency. Appliances that carry the energy star label have been found to use between 10-50% less energy and water than their standard model counterparts.

A potential buyer may be excited to know that your home can offer its next inhabitants savings of hundreds of dollars per year.

The refrigerator, typically the biggest culprit for kitchen energy consumption due to its always on status, also offers the biggest opportunity for savings. According to www.energystar.gov, modern refrigerators use 40% less energy than conventional models sold in 2001. That's enough saved energy to light the average American household for nearly four months.

The easiest way to identify this savings potential is to look for the yellow and black Energy Guide label that the Federal Trade Commission mandates must be on all new appliances. This label contains information about estimated power usage for the year, comparable energy usage to similar models as well as the estimated cost to run the appliance for one year. The Federal Trade Commission issues an annual "How to Buy an Energy Efficient Home Appliance" guide that can be found at many appliance stores or on the Internet.

When selling your home, you need to do everything possible to make your property stand out from the competition. Renewing current appliances offer an easy and affordable alternative to a full kitchen remodel. Purchasing new energy efficient appliances appeal to potential home buyers who have green interests. Whichever you decide, appeal to winning over the hearts and minds of interested buyers.

 

Paula McDaniel
Cell: 423-355-0311
Fax: 423-598-7277


Shelley Talton
Licensed Assistant to Paula McDaniel

Direct: 423-308-5447
Prudential RealtyCenter.com
7522 E. Brainerd Rd.,
Chattanooga, TN 37421

Office: 423-899-5943

 

© 2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. Licensed in TN & GA.

 

OPEN HOUSES ON SUNDAY, NOV. 6TH

by Paula McDaniel, Chattanooga Realtor.
SODDY DAISY - OPEN 2-4
11198 Captain's Cove Drive
3 BR, 3.5 baths, 4,024+/- sq.ft.
MLS#1160697 $469,000
HIXSON- OPEN 2-4
3418 Gold Point Circle South
3 BR, 3 baths, 3,638+/- sq.ft.
MLS#1153885 $488,000
EAST BRAINERD OPEN 2-4
739 Grand Mountain Drive
4 BR, 3.5 baths, 3,436 +/- sq.ft.
MLS# 1165924 $479,900
APISON OPEN 2-5
3084 Twisted Twig Lane - Apison
4 BR, 3.5 baths, 3,178 +/- sq.ft
MLS#1165312 $429,900
HIXSON OPEN 2-5
6158 Fairview Road - Hixson
3 BR, 3.5 baths, 3,176+/- sq.ft.
MLS#1169345 $380,000
-- 
Paula McDaniel
Cell: 423-355-0311
Fax: 423-598-7277
pmcdaniel@realtycenter.com
www.AllChattanooga.com 
Prudential RealtyCenter.com
7522 E. Brainerd Rd.,
Chattanooga, TN 37421

Office: 423-899-5943

© 2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. Licensed in TN & GA. 

RED BANK - $199,900 4BR, 2,687+/- SQ.FT.

by Paula McDaniel, Chattanooga Realtor.

NEW LISTING IN RED BANK! 811 CREEK DRIVE. MLS#1170065. $199,900.

Location, style and floor plan makes this a very desirable home that is convenient to Downtown Chattanooga, Interstates, and shopping. This four bedroom, 2 1/2 bath home offers a large den with hardwood flooring and gas fireplace that opens to a spacious eat-in kitchen. The kitchen has a pantry and plenty of counter and cabinet space. The master suite is on the main level and has a jetted tub, separate shower, and walk in closet. The upper level has three large additional bedrooms, office/exercise room, and a spacious bonus room. The full unfinished daylight basement features an utility garage. Exterior amenities include an entertaining deck, covered porch, and private backyard.

 

Paula McDaniel, Your Chattanooga Real Estate Specialist!
Cell: 423-355-0311
Fax: 423-598-7277
pmcdaniel@realtycenter.com
Prudential RealtyCenter.com
7522 E. Brainerd Rd.,
Chattanooga, TN 37421

Office: 423-899-5943

© 2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. Licensed in TN & GA.

Alcatel-Lucent Invests $100,000 in Chattanooga’s "The Gig Prize™"

by http://www.chattanoogachamber.com/media/Releases/1
Alcatel-Lucent Invests $100,000 in Chattanooga’s "The Gig Prize™"

Chattanooga, Tenn. (October 26, 2011) – Alcatel-Lucent is investing $100,000 in the "The Gig Prize™," a Chattanooga-based initiative to foster the development of gigabit per second Internet applications and business ventures.
 
"Last year, Chattanooga became America’s first and only city to complete a community-wide network capable of delivering up to 1 gigabit per second Internet speeds to every home and business in a EPB’s 600 square mile service area," said Robert Vrij, president of Alcatel-Lucent’s Americas Region. "We’re proud to partner with Chattanooga as this extraordinary city establishes a groundbreaking model for demonstrating the direct linkage between investment in telecommunications infrastructure and economic growth."
 
Vrij made his announcement as part of his keynote address during the Chattanooga Area Chamber of Commerce’s Spirit of Innovation luncheon where community leaders announced an initiative to position Chattanooga as the Gig City™ and unveiled the Gig Prize™.
 
The Gig Prize™ is a competition in which students and entrepreneurs will create and test next generation Internet applications and launch businesses using Chattanooga’s blazing fast Internet.
 
"Chattanooga offers forward thinking entrepreneurs a huge head-start in leading the next generation of Internet commerce," said Tom Edd Wilson, president and CEO of the Chattanooga Area Chamber of Commerce. "The Gig Prize™ will provide the support and connections necessary to develop, prove and fund these paradigm shifting business models."
 
Additional information about The Gig Prize™ will be released in coming weeks. Interested students and entrepreneurs can learn more at www.chattanoogagig.com where challenge rules and details will be available soon.

About The Gig City™: Chattanooga Tennessee
Recently hailed by the New York Times for having America’s fastest Internet (up to 1 gigabit per second available to every home and business in a 600 square mile area) and by Outside Magazine as "The Best Town Ever," Chattanooga, Tennessee combines advanced technology infrastructure with a thriving cosmopolitan atmosphere that’s just minutes from mountains, rivers and other outdoor playgrounds. In recent years, Chattanooga’s signature lifestyle and focus on environmental stewardship has helped attract $4 billion in foreign direct investment including a Volkswagen auto assembly plant. Now, Chattanooga is putting the finishing touches on the largest and most advanced Smart Grid in the nation and using its gig network to pioneer a model for what other cities could become when bandwidth is no barrier.

http://www.chattanoogachamber.com/media/Releases/111025_AlcatelLucent.asp

Paula McDaniel
Cell: 423-355-0311
Fax: 423-598-7277


Shelley Talton
Licensed Assistant to Paula McDaniel

Direct: 423-308-5447
Prudential RealtyCenter.com
7522 E. Brainerd Rd.,
Chattanooga, TN 37421

Office: 423-899-5943

 

© 2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. Licensed in TN & GA.

 

HIIDDEN LAKES OPEN HOUSE 10/30 2-4

by Paula McDaniel, Chattanooga Realtor.

HIDDEN LAKES COMMUNITY OPEN HOUSE THIS SUNDAY, OCT. 30TH FROM 2-4PM.

8720 BRIAR PATCH LANE - OOLTEWAH, TN 37363. MLS# 1159624 $455,000

DIRECTIONS: East on E. Brainerd, turn left @ Ooltewah-Ringgold Rd., left into Hidden Lakes, continue straight thru traffic circle/round about, turn left on Reflection, left on Briar Patch.

This all brick & stone home is incredibly well constructed and built like a custom. Split staircase offers easy access to the foyer or keeping room. Two-story foyer and great room with hardwood flooring, gas fireplace and an abundance of natural light. Formal dining room with hardwood flooring, library paneling, and arched doorways. Main level master suite features hardwood flooring, his and hers master bath with granite countertops, jetted tub, separate vanities, tile shower with two shower heads, and walk-in closets. Computer area is located just off of the master suite. Study/living room on main level with hardwood flooring. Spacious gourmet eat-in kitchen with furniture style cabinets, hardwood flooring, under mount lighting, tile back splash, stainless appliances, granite counter tops, 5x6+/- island, computer desk, and walk-in pantry. All bedrooms are suites w/ private baths, granite countertops, and walk in closets. The unfinished basement has approx. 1950+/- sq.ft, windows and utility garage. Lush and landscaped yard with full irrigation system, private wooded backyard and scenic views off your rear deck. Hidden Lakes offers many community amenities like, community pool, clubhouse, ponds with fountains, walking trails, sidewalks, and mailboxes with gas lamps on top.

Paula McDaniel
Cell: 423-355-0311
Fax: 423-598-7277
pmcdaniel@realtycenter.com
www.AllChattanooga.com 
Prudential RealtyCenter.com
7522 E. Brainerd Rd.,
Chattanooga, TN 37421

Office: 423-899-5943

© 2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. Licensed in TN & GA. 


Displaying blog entries 411-420 of 463

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Photo of Paula McDaniel ABR, CRS, e-PRO, GRI Real Estate
Paula McDaniel
ABR, CRS, e-PRO, GRI
6043 Shallowford Road, Suite 101
Chattanooga TN 37421
Cell: 423-667-2997
Office: 423-362-8333
Office Direct: 423-661-3975
Fax: 423-362-8334

     

The Paula McDaniel Group
Cell: 423-667-2997 Email: info@paulamcdaniel.com
Real Estate Partners Chattanooga LLC
6043 Shallowford Road, Suite 101, Chattanooga, TN 37421. Office: 423-362-8333 
Equal Housing Opportunity. Licensed in TN and GA. It is up to the buyer to verify that all information is correct and accurate. Displayed property listings may be held by a brokerage firm other than with Real Estate Partners Chattanooga LLC.