758B Salt Pond Road, Bethany Beach, De 19930 | $219,990

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Property Details

Charming Condo in Villas of Bethany West with Pond Views. This cozy well maintained condo is close to Downtown Bethany Beach and short distance to Shopping and Dining. The community of Villas of Bethany West has a shuttle service to the Bethany Beac
  • MLS Number: 724718
  • Status: Active
  • Price: $219,990
  • Property Type:
  • Area: Fenwick/Bethany East Of Canal
  • Community: Villas Of Bethany West
  • School District: Indian River
  • Square Footage: 1,200
  • Year Built: 1977
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Number of Stories: 2
  • New Construction: No
  • County Taxes: $636
  • City Taxes: $589
  • Condo Fee: $3,618
  • Sewer Fee: $260
  • Water View: Lake/Pond
  • Dock Type: Other See Remarks
  • Furnished: No
  • Lot Size Acres: 0.00
  • Water: Public Central Water
  • Sewer: Public Central Sewer
  • Community Amenities: Basketball Courts, Pier/Dock, Playground, Pool-Outdoor, Tennis - Outdoor, Water/Lake Privilege

Interior Features

  • Kitchen: Breakfast Bar, Eat In
  • Fireplace: Wood Burning
  • Heating: Heat Pump(s)
  • Cooling: Central A/C, Heat Pump(s)
  • Flooring: Carpet, Tile
  • Basement: Crawl Space
  • Attic: Access Only
  • Appliances: Dishwasher, Dryer-Electric, Fridge w/Ice Maker, Microwave, Oven/Range Electric, Range Hood, Washer, Water Heater Electric
  • Interior Features: Cable TV Prewired, Ceiling Fan(s), Fireplace-Wood, Insulated Door(s), Insulated Window(s), MBED-Full Bath, Screen(s), Window Treatments

Exterior Features

  • Style: Townhouse
  • Construction Type: Stick/Frame
  • Exterior Type: Stucco, Wood
  • Roofing: Architectural Shingle
  • Foundation: Concrete Block
  • Parking: Driveway/Off Street
  • Porch/Deck/Patio: Deck - Front, Deck - Rear

Listing Courtesy of TANSEY WARNER

Bethany Beach Luxury Home Sales Hinge on Lifestyle Marketing

Luxury home sales often trace a path that differs from the rest of the market. Just as high-end buyers can afford to take their time to find exactly the property they are looking for, local luxury homeowners tend to pick and choose when they will market their properties. That's pretty much what happened in the aftermath of the 2008 housing crisis: many luxury home owners in Bethany Beach decided to hold off and wait for the market to rebound before listing. Now, as the housing market continues to recover and home values continue to rise, the potential number of buyers interested in these homes is also on the upswing.

For those who have been postponing the sale of their own Bethany Beach luxury home, this year is shaping up as a likely time to act. Before you list though, it can't hurt to revisit some basic truths in high-end real estate marketing.

Selling a luxury home requires a different marketing psychology than does traditional real estate. It simply takes longer to find the buyers for these homes, so it is almost always necessary for their owners to practice extra patience throughout the sales process.

It is absolutely essential to work with a real estate professional with experience and connections in the luxury market. An experienced agent understands the ins and outs of selling a Bethany Beach luxury home. It's not unusual for them to have fostered a network of qualified potential buyers who may be interested in the property.

Luxury home sales are driven by the desire to attain or maintain a specific lifestyle. It is often necessary to sell the lifestyle as effectively as the home itself. This means staging the home properly, highlighting specific "starring" details, and making sure that everything inside and out is immaculately maintained. It means a little more work for both home owner and agent, but the plus side is the size of the reward at day's end.

If you have a luxury home in Bethany Beach and suspect that now is the right time to sell, contact me for the kind of reliable guidance that brings success!

Waiting to Launch Delaware Listings? Maybe Not…

If this is going to be a year of upsets, the rules for when Delaware listings are best initiated might be primed to fly out the window. There’s no guarantee that 2017’s Delaware listing performance will bend the rules, but if the National Association of Realtor’s® news site is right, it’s a definite possibility.

The history has long demonstrated that the most opportune time of year to add your home to the Delaware listings is during the peak spring and summer seasons. When you look at the volume of home sales through most years, those months do look inviting. There are exceptions, but for the most part, spring and summer regularly excel in sales volume.

Last week, the Realtor® website ran an article in their Trends area headlining that “This Year, Sellers May Benefit from Listing Early.” Their reasoning was short and sweet—citing recent facts, then drawing a conclusion that’s the opposite of what they seem to indicate. Here are the facts:

  1. Supply. It’s a fact that from one end of the country to the other, the residential inventory (supply) is starkly reduced. According to the NAR, “Inventory levels at the beginning of 2017 are at multiyear lows.” Thus, homeowners who list now “face very little competition.”
  2. Demand. Even though the late fall and winter months have traditionally shown weak demand, the threat of mortgage rate hikes­­—then the actual rises­—may have been all that was needed to instill a growing sense of urgency among buyers. Early results reflect buyer demand that’s “abnormally strong” for this time of year.
  3. Optimism. With consumer confidence at a 15-year high, once the spring buying season gets going in earnest, Delaware buyers might find themselves in “buying competition” that will “get fierce.”

These trends are all well-documented. Yet at first blush, they seem to argue against listing your home now. After all, wouldn’t it still make sense for to follow the traditional dictum­—to hold off until that fierce competition takes hold? The answer that flips such a conclusion is found in the fourth fact:

  1. Sellers Will be Buyers. Overwhelmingly, national surveys suggest that the homeowners behind most Delaware listings will also become buyers once they have sold. In fact, an estimated 85% of American home sellers plan to buy another home! If that’s correct, it’s not surprising that they’ll be grateful if they are quick to sell into this winter’s market. That will not only help them get a jump on the crowd come springtime—it will also lengthen the odds that they can cash in on mortgage rates before they rise substantially. All of a sudden, the net advantage to listing early could be substantial!

The short takeaway is that simply accepting the old common wisdom warrants a second look in 2017. If you are one of our Delaware homeowners who automatically presumed the wisdom of waiting a while longer to join the Delaware listings, it might pay to reassess. Give me a call if you’d like to discuss how your plans fit into today’s broader residential picture­—and how to take maximum advantage of this year’s market! Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestatemarket.com