Real Estate Information Archive


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Buying a Montgomery AL Home With Good Bones

by The Hat Team

It doesn’t matter if you are buying your first Montgomery AL home or are a veteran home buyer, you will have list of ‘wants’ and ‘needs’ for your new home. The ‘wants’ are things that would be nice to have such as a gas fireplace or montgomery al homegranite counters. The ‘needs’ are things like, well a ‘bathroom’ or the number of bedrooms to suit your family. It is rare that you will get all your ‘wants’ and needs’ in the home you buy.

The key to maximizing your Montgomery AL home investment today is distinguishing between the types of ‘wants’ and ‘needs’ you're better off buying as part of the property, and those you could add later without too much trouble and expense. Here's some information to help you prioritize the amenities on your list.


Location is the one thing you can't change about a property. Location is about being in a desirable neighborhood and close to (but not necessarily next to) valued amenities or planned ones -- employment opportunities, good schools, shopping, public transportation, major highways, parks and recreation, cultural activities, etc. A good location is also about not being on a high-traffic street, near noise, next to run-down properties, in a flood plain, etc.

Structural integrity:

Make sure the Montgomery AL home you buy doesn't come with a cracked foundation, pest infestation, drainage issues, mold or other problems that may be difficult and expensive to correct. A home inspection will help you determine if these items are an issue.


The size of a home is important, especially if you're just starting to raise a family. You don’t want to buy a home that is perfect for the two of you, knowing you want children in the next couple of years and making the home you buy too small.

It's easier and less expensive to reconfigure existing space (turning a basement into a family room or a garage into a bedroom, for example) than to build an addition. And, you can only add that addition if yard size and zoning restrictions allow.


It is significantly more cost effective to remodel a bathroom than to add one, so look for a home that has the number of bathrooms you really want.


Find a home with at least the minimum number of bedrooms you require, but with space (perhaps an attic or enclosed porch) that could eventually be converted to a bedroom should you need another one in the future.


Although a neon pink bathroom might make you cringe, that's exactly the type of problem you can easily and inexpensively correct. You could repaint it yourself for around $50, or hire someone else to do it for a few hundred more.

Other items:

You can change -- or add -- over time without too much effort or cost: carpeting, landscaping, appliances, hardware and fixtures, lighting, countertops, cabinets, upgraded doors, vanities, closet space, siding, windows and lots more.

Buy a Montgomery AL home with "good bones" in a good location. A home you're likely to enjoy living in for many years to come -- improving as you go. When you get ready to sell, you'll have exactly what other buyers are looking for!

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Montgomery AL Real Estate Sales Statistics - April 2010

by The Hat Team

Two top housing economists forecast some encouraging but tempered predictions for the housing market over the next few years during an economic session at the National Association of Realtors® Midyear Legislative Meetings & Expo today.

Top housing economists, Lawrence Yun, NAR chief economist, and Mark Zandi, chief economist and co-founder of Moody’s, forecast some encouraging but tempered predictions for the housing market over the next few years. Both agree that job creation is key to an economic and housing recovery, with an improvement in job creation as 2010 progresses. However, they differed somewhat on the impact that foreclosures will have on home price stabilization. Yun expects a slightly stronger demand for housing and a fairly even level of foreclosures. Zandi forecasts an improving demand for housing with foreclosures rising later in 2010 before easing in 2011. Both economists project mortgage interest rates will remain historically low, the availability of jumbo loans will improve and home sales will rise over the next few years.

Let's look at April real estate sales to see how the Montgomery AL real estate market is faring.

Montgomery AL real estate sales statistics for April show pending sales have increased by 8% in 2010 compared to April 2009. The average sales price increased by 9% to $136,662 while sold listings were up by 8% from 2009.  Market times were 27 days more than 2009.




Market Times

Sales Price

Apr 2010





Apr 2009





For the latest Montgomery AL real estate market conditions in your area, please call me at 800-HAT-LADY or visit

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

Montgomery Real Estate For Sale: 1483 South Perry Street Montgomery, AL 36104



So grand a governor once lived here! And once you step inside, you will see why. Space, space, space abounds in this turn-of-the-century home. Soaring coffered ceilings, formal living room, big parlor/music room with pocket doors, and banquet sized formal dining room will make you the envy of Garden District entertaining. And, not to forget more informal family time, the updated kitchen opens to big breakfast area with built-in seating and cozy den/keeping room with fireplace. Out the French doors you will find a tranquil beautiful courtyard style side yard with brick terrace and wonderful landscaping. Upstairs there is a spacious master bedroom with tons of closets and big updated bath. Three more well proportioned bedrooms upstairs means everyone has room to spread out. And, there is a walk-up attic with room sized cedar closet for even more storage. Don't miss your opportunity to live the good your favorite REALTOR today for a private tour of this stately home! 

Learn more about 1483 South Perry Street and other Montgomery Real Estate by visiting

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Montgomery Real Estate For Sale: 610 Ponce De Leon Avenue Montgomery, AL 36106


Covered front porch and swing invite you into this quaint Cloverdale cottage! Once inside you will find all the charm that makes homes in this historic neighborhood so window seats, French doors, transoms, and wonderful hardwood floors. Traditional layout actually offers options for room assignments, as the current family use the living room as a "catch all" area and the open dining room as a den/sitting room. Cozy breakfast room has space to seat a table of four comfortably, and has a classic built in china cabinet. Updated kitchen means all you have to do is start preparing meals! Back yard is an outdoorsy-type's dream, with deck overlooking large fenced yard. Storage galore with tons of space under the deck and in a detached metal storage unit. Just because the tax credit is over does not mean you have to stop buying, so come on...this one's waiting! 

Learn more about 610 Ponce De Leon Avenue and other Montgomery Real Estate by visiting

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6 Reasons To Buy Rather Than Rent a Montgomery Home

by The Hat Team

Many Montgomery renters are finding that they get more ‘bang for their’ buck if they buy a home rather than rent one. With affordable prices, low interest rates and tax incentives, Montgomery home ownership makes more sense than ever.

6 Reasons to Buy Rather Than Rent Montgomery Home

montgomery home1. Buying doesn’t always cost more.
The Associated Press reports the gap between buying and renting has decreased $550 in the last three years.

2. Affordability is at an all-time high.
Nationwide, prices have declined by nearly 20-40%.

3. Tax benefits for home ownership saves money.
The biggest tax break is the mortgage interest deduction. Most of your mortgage payment goes to interest which is tax deductible. Property taxes and mortgage insurance are also tax deductible.

4. Many loans require no down payment.
Veterans Administration (VA) loans and many first-time home owner loans don’t require a down payment.

5. Mortgage rates are at all-time lows.
Mortgage interest rates are the lowest we have seen in 30 years.

6. You own it.

There is nothing like pride of ownership…and you can do anything you want to do. You can paint it any color you want, make improvements, and landscape to your own taste..

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Montgomery Real Estate For Sale: 1803 Madison Avenue Montgomery, AL 36107

MLS #274369

Meet Me at the Lions! That'll be your invitation to friends and relatives when you make this handsome brick bungalow your new home.  Located on one of Capital Heights best-known corners, Madison "at the lions."  And renovated by one of Montgomery's "young lion developers" to include a kitchen full of great new cabinets and two full baths with the best of old house detailing plus new fixtures as well.  Even an unfinished basement you can make a workshop or maybe a man cave! And door is wide enough that you could also convert it to a garage for your boy-toys, too!  Speaking of cars, etc., you'll love the convenience of entering your rear parking not from Madison Ave. but from the quiet side street.

Learn more about 1803 Madison Avenue and other Montgomery Real Estate by visiting

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Displaying blog entries 1-6 of 6




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