3 Thompson Ct, Rehoboth Beach, De 19971 | $727,000

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Property Details

Desirable carriage home in the premier enclave of Canal Corkran is fully furnished and turnkey. Offering 5 bedrooms and 4 full baths over three stories, this home features architectural details such as vaulted ceilings, transom and arched windows, an
  • MLS Number: 730435
  • Status: Active
  • Price: $727,000
  • Property Type:
  • Area: Lewes And Rehoboth Hundred
  • Community: Canal Corkran
  • School District: Cape Henlopen
  • Square Footage: 2,761
  • Year Built: 2002
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number of Stories: 3
  • Unit Floor Number: 1
  • New Construction: No
  • County Taxes: $1,514
  • Association Fee: $1,100
  • Furnished: Yes
  • Lot Square Feet: 5,280
  • Lot Size Acres: 0.12
  • Lot Description: Landscaped
  • Water: Public Central Water
  • Sewer: Public Central Sewer

Interior Features

  • Kitchen: Breakfast Bar, Countertops - Solid Surface, Island
  • Fireplace: Gas
  • Heating: Gas - Propane, Heat Pump(s), Multi Zone
  • Cooling: Attic Fan, Central A/C
  • Flooring: Carpet, Hardwood, Tile
  • Basement: Crawl Space
  • Attic: Access Only
  • Security: Security System
  • Appliances: Cable TV Pre Wired, Cooktop, Dishwasher, Disposal, Dryer-Electric, Electric Air Cleaner, Garage Door Opener, Microwave, Oven-Wall, Refrigerator, Washer, Water Heater Electric, Water Heater Tankless
  • Interior Features: Cable TV Prewired, Ceiling Fan(s), Fireplace-Gas, MBED-Full Bath

Exterior Features

  • Style: Carriage House
  • Construction Type: Stick/Frame
  • Exterior Type: Stone, Stucco, Vinyl Siding
  • Roofing: Architectural Shingle
  • Foundation: Concrete Block
  • Garage: Attached
  • Garage Size: 1
  • Exterior Features: Fencing-Full

Listing Courtesy of OCEAN ATLANTIC SOTHEBY'S INTL REALTY

Not All Changes Add Value to Your Rehoboth Beach Listing

In Rehoboth Beach’s competitive housing market, shrewdly targeting which (if any) renovations to make prior to listing your home can sharply affect not only its DOM (days on market), but the price it ultimately brings. After making any obviously needed repairs ­ any that would be standout deficiencies left untended ­ you must still decide, what else?

Of the welter of possibilities you could choose before your property appears in the Rehoboth Beach listings, recent studies show some renovations have the greatest impact on selling prices.

An inviting outside entertainment area is a significant plus for many prospects, so the addition of a wooden deck heads the list. A deck is relatively quick and easy to install, so when Remodeling Magazine reports a 77% return at sale, being able to add “entertainment deck” seems an economical way to add appeal to any Rehoboth Beach listing. If you already have a deck, you might consider expanding or improving it.

Since the kitchen is the heart of a home, even a modest improvement ­ like freshening up cabinets or upgrading an appliance or two ­ can make a dramatic impact on salability. If your home is already priced at the high end of the market, simply adding granite countertops is an investment that's not likely to add significantly to the bottom line...whereas the return on minor kitchen improvements is measured in the neighborhood of 75%.

For an older home, changing out questionable windows with new, environmentally advanced ones can create a listing feature that's adds appeal to utility cost-conscious home buyers. Window replacement is a quick fix; and if you already have newer windows, an upgrade to siding can add one fewer thing potential buyers find to worry about...and one more reason to choose your offering.

Such easy fixes are ways to increase the instant appeal of your Rehoboth Beach listing without severely denting your pocketbook. Being conscious of the way your listing compares with others in town will put you ahead of the pack. Savvy shoppers; don’t sit on the sidelines, Another way: for more ideas to make your Delaware home an irresistible buy, Call/text 302-228-7871or email me, Russell Stucki, REALTOR ® of Beach Real Estate Market to provide detailed information on Delaware homes for sale, investment and commercial properties, luxury and  waterfront homes, condos/townhomes, new construction, lots and land, farms and equestrian properties located in but not limited to Bethany, Bethel, Bridgeville, Dagsboro, Delmar, Ellendale, Fenwick Island, Frankford, Georgetown, Greenwood, Harbeson, Laurel, Lewes, Lincoln, Milford, Millsboro, Millville, Milton, Ocean View, Rehoboth Beach, Seaford, Selbyville, Delaware.

Expect 5 Basic Delaware Real Estate Investment Truths

If you go looking for insights from successful Delaware real estate investors, depending on which areas they concentrate on, you could come up with a variety of takes. Despite the distinct differences that separate the commercial and residential investment spheres, there are some time-worn truisms about the real life experience that would have most investors nodding their heads—

  1. Expect to work at it. The myth of buying real estate, watching it appreciate, then just cashing in is a two-dimensional expectation. A typical Delaware real estate investment has to be discovered, investigated, negotiated, cared for, cared for some more—and sometimes sold—for it to ring up the profits that make real estate investing so lucrative. The best investors relish doing all of it.
  2. Expect to interact with a wide range of people. Math skills are important, but people skills are up there, too. Just about anyone can do the arithmetic that produces accurate cash flow projections, but being able to network with real estate professionals and lenders—and manage close working relationships with tradespeople—are also vital for sustained success.
  3. Anticipate changing conditions. Economic conditions are always in flux, so Delaware and Delaware market conditions are always on the move. Last decade’s real estate investment strategies don’t guarantee success today—and certainly not tomorrow. Anticipating and planning for changing conditions is work that can pay real dividends.
  4. Expect losses. Any investment—including real estate investments in Delaware—involve some degree of risk. Serious real estate investors are those who profit the most from multiple investments over time. Necessarily, they expect that some projects won’t pan out as expected. Not expecting that to be true would be a rookie mistake.

This fifth one is ancient: it sounds like something Ben Franklin could have come up with:

  1.  A fast nickel is better than a slow dime. Strangely enough, this truism can be misinterpreted. One commentator thinks it means “owning real estate is easy; getting paid is tricky.” I think its core meaning is that knowing just when to sell is a terrific real estate investment skill.

In fact, you could say that prioritizing when to sell is what distinguishes real estate investors from most of the rest of us—real estate consumers who are contented Delaware homeowners. In my profession, I get to facilitate winning transactions for investors and real estate civilians alike. I hope you’ll give me a call for all your own real estate dealings! Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestatemarket.com