1021 Scarborough Ave Extended, Rehoboth Beach, De 19971 | $949,000

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Property Details

Five blocks to the beach,own one of the largest parcels of land in the city of Rehoboth Beach. Enough room for a pool and summer entertaining. Two Master Bedrooms on the first floor. In-law suite with a seperate entrance connecting to the main hous
  • MLS Number: 722588
  • Status: Active
  • Price: $949,000
  • Property Type:
  • Area: Dewey To Lewes East Of Canal
  • School District: Cape Henlopen
  • Square Footage: 3,300
  • Year Built: 1982
  • Bedrooms: 7
  • Full Bathrooms: 4
  • Number of Stories: 2
  • New Construction: No
  • County Taxes: $1,154
  • City Taxes: $511
  • Furnished: Yes
  • Lot Dimensions: 75x173
  • Lot Size Acres: 0.00
  • Lot Description: Landscaped, Trees/Wooded
  • Water: Public Central Water
  • Sewer: Public Central Sewer

Interior Features

  • Kitchen: Breakfast Bar, Countertops - Solid Surface, Eat In
  • Fireplace: Wood Burning
  • Heating: Forced Air
  • Cooling: Central A/C, Window Unit(s)
  • Flooring: Carpet, Hardwood, Tile
  • Basement: Basement - Full,Inside Stairs
  • Attic: Floored
  • Appliances: Dishwasher, Disposal, Dryer-Electric, Microwave, Oven/Range Electric, Refrigerator, Washer, Water Heater Electric
  • Interior Features: Bedroom-Entry Level, Built In Bookcases, Cable TV Prewired, Ceiling Fan(s), Fireplace-Wood, MBED-Full Bath, Screen(s), Two Master Bedrooms, Window Treatments
  • Extra Unit: 1 Bedroom, In Law Suite, Separate Entrance

Exterior Features

  • Style: Cape Cod/Salt Box
  • Construction Type: Stick/Frame
  • Exterior Type: Brick Front, Vinyl Siding
  • Roofing: Architectural Shingle
  • Foundation: Concrete Block
  • Parking: Driveway/Off Street
  • Porch/Deck/Patio: Deck - Rear, Porch - Front
  • Exterior Features: Fencing-Full

Listing Courtesy of RE/MAX REALTY GROUP REHOBOTH

Fall Prospects Quicken for Delaware Beach Luxury Home Sales

With summer drawing to a close (say it isn’t so!), it’s time to cast an eye towards the prospects for this year’s fall home sales market. Fall can be a great time to list a home, but it can be especially opportune for luxury home sales in Delaware. It’s a season that traditionally brings out serious buyers—those looking to find a home and complete the move before the holidays. If you are selling a property that falls into the luxury home category, before you roll up your sleeves and get to work in earnest, here are some broad-brush pointers real estate writers cite most often: 

Make Sure You Work With the Right Agent

Before you even begin other preparations, you can make the most efficient use of your time by first being sure you have recruited the right agent. Aim for a professional who has earned a reputation for successful luxury home sales in Delaware. A solid portfolio is the best demonstration that you’ve identified someone with the know-how (and the right contacts) that so often make the difference in luxury home sales.

Details Matter

Even more than with an average listing, Delaware luxury home sales depend on every detail being well handled. Don’t just have the windows cleaned—scour the screens, too. Don’t just put out a vase of flowers in the dining room—where tasteful, think about placing them by the beds; in the bathrooms, too. Make sure the entryway is always clear at every showing. In short, sell the dream of the picture-perfect luxury home. By treating every detail with care, you validate your luxury-level asking price!

Highlight Features

You know your property best—which gives you valuable insight into the features that make your home a standout. Make a list of additions, enhancements and luxury touches you have added, and other elements that would make any new owner proud. Where is the light most magical? When do the gardens burst with color? Your agent can determine which details will have the most impact in the each of the marketing media.  

Know What to Expect

With luxury home sales, it’s a good idea to always keep the nature of the market in mind. Luxury home sales in Delaware can happen quickly, but more often than with an average property, success can take a little longer. A good agent will let you know how long similar homes have taken to sell in your price range—it’s useful background knowledge. Most often, the key to luxury home sales is the quality of showings rather than the quantity.

If you’d care to hear more about what we can expect for this fall’s luxury home sales in Delaware, contact me today. I’ll be happy to share an up-to-the-minute market analysis—the best way to project the outlook for the upcoming market.

Real Estate Market News is Upbeat, Downbeat (and Sideways)

At the beginning of any month, Rehoboth Beach onlookers can find batches of fresh reports about national real estate market activity. Take October, for instance. We’ve just learned a bunch about what happened across the country. September’s numbers won’t be collected and analyzed for a while, but the fresh real estate market data for August is out, as well as July revisions. Since earlier findings are always being tinkered with as estimates are replaced with hard results, we also get improved readings from the earlier month.

This latest batch of real estate market news was upbeat, downbeat, and, uh…sideways. Thursday was the first day in October, which was when CNN Money came out with some good old-fashioned cheerleading. “Americans went shopping for homes in August,” they headlined. The reason cited was for new home sales: they notched the highest volume since early in 2008: 552,000. It was a nice way to get the month’s data reports started.

Home prices, on the other hand, were not yet available for the August timeframe—but July’s Case-Shiller Home Price Index had pointed upward. It showed a 4.7% rise in prices paid for homes from a year earlier. This made for “moderate, but still above average, price appreciation,” according to Realtor.com’s chief economist. The prices were seen to have edged up just 0.7% from June, which was “barely higher” yet “much higher than last year.” If that summary had been illustrated, it would have merited both a frowny face and a smiley face.

There were other preliminary soundings about what the August price information was likely to be, and they were just as equivocal.

The National Association of Realtors® tracks pending home sales data (homes under contract but not yet closed), and by that measure, there was a slight retreat from July’s level.  Yet although the preliminary number showed a 1.4% drop, that was still more than 6% higher than August 2014’s had been. Which was more compelling? Altogether, the news for sellers was deemed to be stronger. “Demand continues to outpace supply,” according to the NAR. “Shed no tears for sellers.”

If that sentiment is shared by Rehoboth Beach homeowners, it might nudge some into listing their home now rather than waiting for the next truly robust real estate market—traditionally not expected until next spring. Although fall and winter usually find fewer buyers on the prowl for new digs, those who do surface are generally regarded as serious shoppers. And since the number of Rehoboth Beach listings usually declines as the holidays approach, there’s a good argument to be made that less competition tilts in favor of sellers.

We have to wait until next month to get a read on how September activity fared; but for anyone who sees the advantages this fall’s Rehoboth Beach real estate market offers, I share your opinion! It’s definitely worth giving me a call. Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestatemarket.com