ALABAMA REAL ESTATE AGENTS

Alabama real estate agents with over three (3) years experience, an active Alabama license in good standing, and a personal website as well as the willingness to swap web-links with Albert Marshall Cheney, Realty Leaders Corporation, Mobile, Alabama, will qualify for a FREE listing within Realty Agent Pros.

“The Third Quarter 2016 Property Sale Results For Dauphin Island, Alabama.”

1 October 2016 in ALABAMA REAL ESTATE AGENTS, Uncategorized | No comments

blog-dauphin-island-entrance-signage-03There are 25 available sales reported within the Mobile Area Association of Realtors MLS records for the third quarter of 2016. These sales include condominium units as well as homes located on the water and off the water ranging in sale price from $119,900 for a 2 bedroom, 2 bathroom condominium unit to a waterfront residential property having over 3900 ft.² selling for $660,000. The majority of these recent residential sales have either 3 or 4 bedrooms and 2 or 3 full bathrooms selling for very affordable prices. The average price is $297,812 and the average cost/square footage is $174.89; the median price is $265,000.

 

This information is provided by Al Cheney, Cheney Appraisal Services, having over 35 years’ experience within the Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama. Al Cheney is ready to assist you with all your personal non-financial requirements, such as, legal or tax requirements or thinking about selling your residential property. For many years, Al Cheney has advertised very appealing appraisal assignment fees for a straightforward appraisal opinion report depending on complexity and or location. Al Cheney offers only $275 for a non-complex or non-waterfront residential property located on Dauphin Island. More complex and or waterfront properties as well as undeveloped acreage or land will be quoted on a case-by-case basis.

 

Call Al Cheney at 251-533-2424 today and talk about fulfilling your personal appraisal requirements. Al Cheney is ready to assist you and answering any concerning questions regarding the appraisal process and satisfying your appraisal report needs.

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“Wakefield Subdivision, West of the Mobile Regional Airport”

10 August 2013 in ALABAMA REAL ESTATE AGENTS | No comments

In the past 12 months, Wakefield Subdivision has had 9 home sales according the MLS records within the Mobile Area Association of Realtors website. These 9 sales range in property value from $146,000 to $205,000 with most gross living area ranging from 2,084 square feet o 2,450 square feet. All of the homes are 4 bedrooms with 2 or 3 full bathrooms. The days on the market (dom) are mostly under 120 days over the past 12 months. Currently, there are 6 active MLS listings with asking prices ranging from $159,900 to $229,000 and square footage ranging from 2,074 to 2,607 with 3 to 5 bedrooms. Wakefield Subdivision is located off the south side of Airport Boulevard, just past Snow Road, in western Mobile. The Mobile Regional Airport is located only minutes east from this residential development.

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“A Rising Absorption Rate When Selling A Home Within Lillian, Alabama!” By Albert Marshall Cheney, Certified Alabama Appraiser.

13 June 2010 in ALABAMA REAL ESTATE AGENTS | No comments

The marketing conditions in the Lillian, Alabama area indicates an increase in active listings and an increase in the months of housing supply (total listings/absorption rate) which could jeopardize local property values.

Over the past 12 months (13 June 2009 to 13 June 2010), there has been a reduction of 63% in sales (88 sales in the past 12 months), resulting in an over 20 months absorption rate (115+ active listings at this posting).

The active listings and housing sales primarily range from $29,900+ to $999,000+, including manufactured homes, colonial, contemporary, cottage, ranch, and other accepted local styles.

The median sale price percentage is 92.616% to 94.299% when comparing to asking list prices. Properties will move quicker if asking prices are competitive. So, unless competitively priced, be patient, a rising absorption rate will result in longer times when selling your home within Lillian, Alabama.

Contact Cheney Appraisal Services for additional information by telephoning (251) 533-2424 or email your comments and questions to Albert@CheneyAppraisalServices.com.

An Oil Spill Catastrophe. 28 Days And Counting Down To Alabama Coastal Real Estate Marketability Problems?

17 May 2010 in ALABAMA REAL ESTATE AGENTS | No comments

On the 20th April, 2010, the Deepwater Horizon offshore drilling rig, operating off the coast of Louisiana, had a massive oil spill in the Gulf of Mexico. This oil spill resulted in a blowout leading to an explosion. At this point in time, Gulf Coast residents were not fully aware of its severity but very concerned about their future.

Now, we’re twenty-eight (28) days and counting down to a potentially life changing event for Alabamians. We are all wondering about our beautiful Alabama beaches, our coastal waters, our wildlife and our livelihood. How severe will this oil spill affect our lives in Alabama? Are we counting down to an impending threat to the Alabama coastline? Will it be a disaster negatively affecting the Alabama coastline for decades to come? How will Alabama coastal properties be affected by this catastrophe? Will the marketability of coastal Alabama real estate be affected and labeled with the stigma as “oil spill property,” whether true or false? Will your property be worth more or less after the oil spill reaches the shores of Alabama? I think you already know the answer for many of these questions.

If your coastal real estate becomes affected from this oil spill, contact a qualified attorney for advice and remember Cheney Appraisal Services, Albert M. Cheney, (251) 533-2424, as your Certified Residential Appraiser.

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