What’s Happening in the Neighborhood?
As of now, Ladd Park has 11 homes for sale, with an average list price of $313/SF. Additionally, there is 1 home coming soon, 8 homes under contract, and 7 homes have successfully closed. Since March, home prices have been averaging $303/SF. In July, homes sold at an average of $301/SF, with an average market time of just 17 days before receiving an offer.
If you’re thinking about selling, give me a call! I’m here to help with all your real estate needs.
July Home Sales in Ladd Park
Below is the list of homes sold in Ladd Park for July 2024
| Address | SqFT | Year Built | Beds | Baths | Gar | LP/SF | List Price | SP/SF |
| 630 Finnhorse Ln | 3,083 | 2016 | 4 | 3 / 0 | 3 | $357 | $1,100,000 | $356.80 |
| 230 Truman Rd W | 3,691 | 2013 | 4 | 4 / 0 | 2 | $268 | $989,000 | $266.87 |
| 108 Truman Rd | 3,553 | 2014 | 4 | 4 / 0 | 2 | $276 | $979,000 | $274.42 |
| 476 Molly Bright Ln | 3,164 | 2010 | 4 | 3 / 0 | 2 | $300 | $950,000 | $294.56 |
| 785 Fontwell Ln | 3,364 | 2016 | 4 | 3 / 0 | 3 | $282 | $950,000 | $274.97 |
| 3054 Ryecroft Ln | 2,261 | 2016 | 3 | 2 / 1 | 2 | $345 | $779,000 | $338.57 |
*Sold data per Multiple Listing Service.
DOM - Days on Market (Active Status) SP/SF = Sold Price / Square Foot LP/SF = List Price / Square Foot
Upcoming Neighborhood & Local Events
August 31st
Picnics in the Orchard Fall Family Fun Festival
September 21 - November 1
Fall Family Fun Festival
September 21 - 22
Nashville Autumn Craft and Vendor Market 2024
September 27 - 28
Farmstead Roots Creek Dinner Series at Wines in the Fork
September 27 - 29
Music City Sports Card, Collectibles & Autograph Show 2024
If You’re Planning a Kitchen Remodel, Which Items Should You Splurge on?
Article by: Institute for Luxury Home Marketing
Redoing a kitchen can be expensive. When you’ve got a limited budget, you have to allocate your money strategically. It can make sense to choose low- or mid-priced versions of some items and shell out more money for other things.
Focus on Your Family’s Needs and Concerns
Your kitchen has to work for your family. Your needs and pain points might differ from those of other families. Be willing to spend more on upgrades that will make your kitchen more functional for you.
For any product that will get frequent use, focus on durability. Investing in appliances, counters and cabinets that are made to last will pay off in the long run.
Decide Which Features Are Most Important to You
If you feel that you don’t have enough storage space, you might want to devote a significant chunk of your budget to new cabinets. If you need additional workspace, an island can be a wise investment.
The amount you’re willing to pay for appliances will depend on how much you expect to use them. If you cook every day and like to host large gatherings, you might want to splurge on a high-end stove and oven. If you have young kids and lots of dirty dishes, you’ll want to invest in a quality dishwasher.
Look for energy-efficient appliances. They might cost you more up front, but the money you’ll save every month will be worth it.
Your kitchen counters should be durable enough to handle meal prep, your kids’ art projects and other daily activities. Granite countertops are popular, but their hefty prices can make them out of reach for homeowners on a budget. You might be able to find counters made with a lower grade of granite that’s in your price range or laminate counters that closely resemble granite.
A functional kitchen needs good lighting. If your kitchen doesn’t currently have enough lighting above the counters and island, now is the time to install some new fixtures. It will be money well spent.
Think About Resale Value
If you think you might sell your house at some future date, think about what potential buyers will be looking for. You can’t go wrong with energy-efficient appliances, durable and attractive countertops, and plenty of storage space.
Pay for Professional Installation
Unless you’re an experienced and skilled DIYer, you shouldn’t try to install your own cabinets and countertops. Those kinds of jobs aren’t as simple as online videos might make them seem, and a mistake can have serious consequences. For instance, if you hang a cabinet incorrectly and fill it with dishes, it might fall down and injure someone. Professional installation can be costly, but it’s worth it.
Be Clear About Your Priorities
When you look at the vast array of appliances, counters and cabinets that are available, you might be drawn to products that would stretch your budget. Some of them might be worth the money, and others might not. Setting clear priorities can help you make tough decisions.
Does Having a Pool Devalue a Property?
Mostly having an in-ground pool will help a home’s value by 5-8%, compared to nearby homes without pools. However, if pools are a common feature for your area, then having a pool won’t make your home worth more than neighboring homes that also have pools.
If pools are less common, then a pool might be considered a luxury, boosting your home’s value. On the other hand, if pools are scarce for environmental or insurance reasons, then having a pool might devalue a home. Talk to me about pools in the location you want to buy or sell. It’s the best way to know the monetary value of your pool.
Ways of “Greening” Your Home
Greening your home means making it more environmentally friendly, as well as more aesthetically pleasing. Greening your home can increase its value and make it a nicer place to live. Here are some suggestions:
- The easiest things to do include adding energy saving light bulbs and smart switches that help you avoid leaving lights on when you don’t need them, and adding low-flow plumbing fixtures that save water. Instead of a shower head that blasts gallon after gallon, you can slow that flow and still enjoy a lovely shower without spending so much on water.
- When replacing your HVAC system next time, convert to a heat pump. Heat pumps are efficient, cost less to run, and are much better for the environment.
- If you don’t already have them, installing energy-efficient windows will save you a lot of money in lost energy costs, as well as make your house more comfortable.
- Installing ceiling fans will go a long way towards improving your comfort without using so much energy to heat and cool the house.
- Drought-tolerant landscaping can look green and inviting without needing so much water