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Honoring Honesty Garrison Keillor Page 2 Midtown Events Page 5 Sensational Spare Ribs Wolfgang Puck Pages 7 Local Homes for Sale Back Page Presented by Sandra Nickel, REALTORS HAT TEAM www.hatteam.com (334) 834-1500 TOP 300 IN THE U.S. REALTOR ® Magazine Have you noticed that some neighbor- hoods increase in value, while others decline? Part of this decline is fear of the unknown and the fear of change. Part is neighborhood condition. Part is normal transition as residents age. Neighborhoods have life cycles. Many people live in them for their entire adult life. When one or both partners die or moves to another form of living, the oft- neglected house becomes available. For instance, some streets north of Carter Hill Road, what we call Forest Park, have experienced a number of older folks dying or moving out. Watch for estate sale signs, and you know there are proba- bly more houses with similar aged resi- dents on the way to selling, too. Even with remodeling costs and upgrades added, these houses offer great values, plus the lots are treed, streets run without thru traffic and the neighbors are friendly. An area that is transitioning to younger residents is Cloverdale-Idlewild. One resident reports there are now almost no older residents for neighbors to sing carols to at Christmas time. There are, however, lots of new single residents, who are taking advantage of the terrif- ic per square foot prices to get their foot on the property ownership ladder. Some neighborhoods have great value, but decline when a group of residents fear their home value is being eroded; and they offer a panic sales price just to get out fast. Actually, the thing that erodes a street’s house value is having a large number of homes coming up for sale. In that case, prices do fall. If neighbors stay put, prices would remain steady or increase. There are several such good neighborhoods south of McGehee Road—some with houses of nearly 2,500 square feet and often on half-acre or larger lots. There are others examples of how panic can spread, too. But like an illness, it can be stopped and cured. In south Edgewood, a house recently sold for $37,500, far less than fair market value. It was then rented to less than desir- able tenants. Some neighbors panicked, nearby property was put up for sale and prices fell. But some other area residents decided to take advantage of the situation and buy another house whose value had also fallen, fix it up and wait for a buyer willing to pay the average price of the neighborhood, which was $100,000 more. By investing individually and collectively, they will not only preserve the value of their own homes, but encourage others to take advantage of the excellent property values near Lockwood, one of Midtown’s new upscale home communities. Another example of letting rumor get ahead of logic was found on a local newspaper Web site. Some bloggers actually wrote that prices in Vaughn Meadows were falling because the city was going to build a housing project there. Smart young families realized how ridiculous this rumor was, and they took advantage of the dropping prices to get lots of square footage at a value far below what other neighborhoods would cost further east of the boulevard. From the advantage of home purchasers, there have been lots of great bargains to be found there. Comparable houses that would run more than $150 per square foot elsewhere have sold for less than $100 a square foot. You can see another sales price comparisons of several neigh- borhoods on page 11. Let’s face it, Montgomery is a diverse city, and most household incomes are ris- ing. A growing number of African- Americans, Asians, Caucasians and Hispanics can afford to live wherever they choose, from Western Hill to Wynlakes, from Prattville to Pike Road. People choose a neighborhood and house because they would feel comfortable rear- ing their family there. If current residents move out, that comfort level is destroyed and values drop. If prices drop so low they are affordable by lower income house- holds, the whole process of real estate investment is destroyed. Houses do not care who lives in them, only that they are cared for. Mortgage companies only see the color green. Realtors must not dis- criminate. We should be aware that a lot of good folks can afford to and want to be part of good neighborhoods. And that may be where we live. All it takes to make a good neighbor- hood are people willing to work togeth- er for the common good. All it takes to maintain and grow home values in a neighborhood are homeowners who want to preserve their investment and are willing to commit to it. If you notice that an elderly neighbor’s home is not “aging” gracefully, try to locate and talk with a relative, friend or trusted advisor of that person. Failing eyesight may be the issue. Some may fear being ripped off by the “repair” person. Often neighbors can remedy such property decline by simply providing the names of trustworthy con- tactors or teaming together or with another group to tackle the neglected problems. And that’s what being a good neighbor is all about. Then go ahead and enhance your curb appeal. Put on a fresh coat of paint, install a new picket fence and plant a flowerbed. Then enjoy the shade of tree- lined streets filled with restored homes. You can only get this in Midtown! It’s the place we champion. It’s where we hope to exceed your expectations when buying or selling real estate. – Sandra Nickel INSIDE: Love Your Small Space Spring Fling Page 11 For People Who Choose to Live, Work, Shop, Worship and Play Here! March/April 2006 MONTGOMERY’S COMMUNITY OF CHOICE 1044 E. Fairview Ave., Montgomery, AL 36106 PRESORTED STANDARD U.S. POSTAGE PAID CUSTOM HOUSE PUBLISHERS, INC. 45203 Custom House Publishers, 6797 N. High St., #213, Worthington, OH 43085 How to Preserve and Increase Your Neighborhood’s Value The Lesson: Sometimes it’s better to fix-up what’s near us than pack-up.
Transcript
Page 1: How to Preserve and Increase Your Neighborhood’s Value · residents fear their home value is being eroded; and they offer a panic sales price just to get out fast. Actually, the

HonoringHonestyGarrison KeillorPage 2

MidtownEventsPage 5

SensationalSpare RibsWolfgang PuckPages 7

Local Homesfor SaleBack Page

Presented by

Sandra Nickel, REALTORS

HAT TEAMwww.hatteam.com

(334) 834-1500TOP 300 IN THE U.S.

REALTOR® Magazine

Have you noticed that some neighbor-hoods increase in value, while othersdecline? Part of this decline is fear of theunknown and the fear of change. Part isneighborhood condition. Part is normaltransition as residents age.

Neighborhoods have life cycles. Manypeople live in them for their entire adultlife. When one or both partners die ormoves to another form of living, the oft-neglected house becomes available. Forinstance, some streets north of Carter HillRoad, what we call Forest Park, haveexperienced a number of older folksdying or moving out. Watch for estatesale signs, and you know there are proba-bly more houses with similar aged resi-dents on the way to selling, too. Evenwith remodeling costs and upgradesadded, these houses offer great values,plus the lots are treed, streets run withoutthru traffic and the neighbors are friendly.

An area that is transitioning toyounger residents is Cloverdale-Idlewild.One resident reports there are now almostno older residents for neighbors to singcarols to at Christmas time. There are,however, lots of new single residents,who are taking advantage of the terrif-ic per square foot prices to get theirfoot on the property ownership ladder.

Some neighborhoods have greatvalue, but decline when a group ofresidents fear their home value isbeing eroded; and they offer a panic salesprice just to get out fast. Actually, thething that erodes a street’s house value ishaving a large number of homes comingup for sale. In that case, prices do fall. Ifneighbors stay put, prices would remainsteady or increase. There are several suchgood neighborhoods south of McGeheeRoad—some with houses of nearly2,500 square feet and often on half-acreor larger lots.

There are others examples of howpanic can spread, too. But like an illness,it can be stopped and cured.

In south Edgewood, a house recentlysold for $37,500, far less than fair marketvalue. It was then rented to less than desir-able tenants. Some neighbors panicked,nearby property was put up for sale and

prices fell. But some other area residentsdecided to take advantage of the situationand buy another house whose value hadalso fallen, fix it up and wait for a buyerwilling to pay the average price of theneighborhood, which was $100,000 more.By investing individually and collectively,they will not only preserve the value oftheir own homes, but encourage others totake advantage of the excellent propertyvalues near Lockwood, one of Midtown’snew upscale home communities.

Another example of letting rumor getahead of logic was found on a localnewspaper Web site. Some bloggersactually wrote that prices in VaughnMeadows were falling because the citywas going to build a housing projectthere. Smart young families realized howridiculous this rumor was, and they tookadvantage of the dropping prices to getlots of square footage at a value farbelow what other neighborhoods wouldcost further east of the boulevard. Fromthe advantage of home purchasers, therehave been lots of great bargains to befound there. Comparable houses thatwould run more than $150 per squarefoot elsewhere have sold for less than$100 a square foot. You can see anothersales price comparisons of several neigh-borhoods on page 11.

Let’s face it, Montgomery is a diversecity, and most household incomes are ris-ing. A growing number of African-Americans, Asians, Caucasians andHispanics can afford to live wherever theychoose, from Western Hill to Wynlakes,from Prattville to Pike Road. Peoplechoose a neighborhood and housebecause they would feel comfortable rear-ing their family there. If current residentsmove out, that comfort level is destroyedand values drop. If prices drop so low theyare affordable by lower income house-holds, the whole process of real estateinvestment is destroyed. Houses do notcare who lives in them, only that they arecared for. Mortgage companies only seethe color green. Realtors must not dis-criminate. We should be aware that a lotof good folks can afford to and want to bepart of good neighborhoods. And thatmay be where we live.

All it takes to make a good neighbor-hood are people willing to work togeth-er for the common good. All it takes tomaintain and grow home values in aneighborhood are homeowners whowant to preserve their investment and

are willing to commit to it. If younotice that an elderly neighbor’shome is not “aging” gracefully, try tolocate and talk with a relative, friendor trusted advisor of that person.Failing eyesight may be the issue.

Some may fear being ripped off by the“repair” person. Often neighbors canremedy such property decline by simplyproviding the names of trustworthy con-tactors or teaming together or withanother group to tackle the neglectedproblems. And that’s what being a goodneighbor is all about.

Then go ahead and enhance your curbappeal. Put on a fresh coat of paint,install a new picket fence and plant aflowerbed. Then enjoy the shade of tree-lined streets filled with restored homes.You can only get this in Midtown!

It’s the place we champion. It’s wherewe hope to exceed your expectationswhen buying or selling real estate. �

– Sandra Nickel

INSIDE:

Love YourSmall SpaceSpring FlingPage 11

For People Who Choose to Live, Work, Shop, Worship and Play Here!

March/April 2006MONTGOMERY’S COMMUNITY OF CHOICE

1044 E. Fairview Ave., Montgomery, AL 36106

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How to Preserve and IncreaseYour Neighborhood’s Value

The Lesson:Sometimes it’s better to fix-upwhat’s near us than pack-up.

Page 2: How to Preserve and Increase Your Neighborhood’s Value · residents fear their home value is being eroded; and they offer a panic sales price just to get out fast. Actually, the

| p a g e 3 |

Downtown Liv ingStaging a Comeback

Recently Mayor Bobby Bright pur-chased a building near the federal courts.Bright is reported to have said he hasdreamed of living downtown sincebefore he was elected and felt the “itch”after touring other downtown lofts.Bright has been critical of property own-ers who’ve purchased property as aninvestment only to keep buildings board-ed up and allow more deterioration.

Mayor Bobby and Judge Lynn Brightare to be applauded for stepping out andpurchasing the building downtown, nearCottage Hill. They plan to remodel it,create offices below and loft livingabove. With their children in college,they’ll move there from Wynlakes, atleast 15 miles from their downtownoffices and church.

They should get a good return on theircurrent highly appreciated home, butthey will get even better value frominvesting and living in historic down-town. Their decision to put their ownmoney there is progressive thinking andan example to all.

The Bright’s move, as those of otherforward thinking people like AnnaLowder, Sam Adams, Scott Simmonsand Joel Cohen, have spurred a trend.

Downtown will undergo a renaissance,which has already started by those whosaw the potential in Cottage Hill and theRiverfront district. (See prices rise.) Anumber of military families find such liv-ing options convenient and much want-ed. I predict a surge of new residentialinvestment, which will be attractive notonly to the military, but young peoplewho work downtown, and older adultswho just want to get rid of their yardsand be near history, arts and entertain-ment venues.

As more people move downtown,more restaurants, shops and supportservices will follow. Eventually, as inother cities, someone will invest in mid-rise condos. We can only imagine whereit will go from there.

I like what Mary Webster, a residentof Cottage Hill, recently wrote to the edi-tor of a regional paper. “I can tell youthat we’re all just waiting for more shopsand restaurants to open so that we canfrequent them. Downtown is the place tolive if you want to really feel the strongpulse of this city’s rich history, presentcharm and vibrant future.” �

—Sandra Nickel

New Charet tes to Address…

Cloverdale Vi l lageCommercial Distr ict

Another step in envisioning how areas southof the state capitol (we’ve loosely called it SouthView) can be enhanced, yet preserve the originalvision for the area, begins Monday afternoon,April 24 at 6:30 p.m. in Huntingdon College’sFlowers Hall. Your presence is needed.

Following the successful Cloverdale FivePoints Business Coalition charrettes lastyear—now complete and ready for cityreview—the Montgomery Chapter of theAmerican Institute of Architects and HistoricSouthview Inc. are teaming up again to seekpublic input on the Cloverdale VillageCommercial District on or near CloverdaleRoad from Decatur/Norman Bridge to Felder.The area to be studied will compliment thenew project earlier announced by AnnaLowder and Harvi Sahota.

For early input, interested parties can talkwith AIA Media contact Ray Williams, anarchitect at Bargainer, Davis, Sims at 834-2038;Cloverdale Village Commercial District contactOliver Smyth at 263-9200; or Historic South-view Inc. contact Sandra Nickel at 834-1500.

After public input, local architects will cre-ate design presentations and present them to

the public Friday evening, May 19, andSunday afternoon, May 21. As we learnedfrom the earlier charrette sessions, your par-ticipation is key to its success.

So, neighborhood groups and leaders, busi-ness and property owners and others, bringyour ideas, concerns and desires and be a partof the process. We’re very appreciative for theservices being offered by the local architects,and as smart growth and caring people,Midtown residents need to be heard for themto do their best work. I’ll see you there! �

—Sandra Nickel

Page 3: How to Preserve and Increase Your Neighborhood’s Value · residents fear their home value is being eroded; and they offer a panic sales price just to get out fast. Actually, the

| p a g e 5 |

Opening ReceptionLinda Dillilard

Sunday, Mar. 5, 2 – 4 p.m.SAC’s Gallery, 2001 Mulberry St.

265-9931

Artist ReceptionTuesday, Mar. 7, 5:30 – 8:30 p.m.

KAT’s Gallery, 2035 Carter Hill Rd.265-6695

Opening Reception Art of the Spirit:Works by Bernice Sims, Lisa Cain, Myrtice West, Rudy Bostic,

Woodie Long, Annie Lucas & Malcah ZeldisThursday, Mar. 9, 5 – 8 p.m.

Marsha Weber Art Objects, 1050 Woodley Rd.262-5349

Opening ReceptionConnie Watts, Jake Mendel, Walter Moore

Thursday, Mar. 9, 5:30 – 7 p.m.Gallery One, 423 Cloverdale Rd.

269-1114

Opening ReceptionAlabama Folk Artist Sybil Gibson

Thursday, Mar. 16, 5 – 7 p.m.The Anton Haardt Gallery, 1023 Woodley Rd.

261-3323

St. Patrick’s Day Opening ReceptionTommy Moorehead & Lila Graves,

plus 17-piece Heritage Hall Jazz BandFriday, Mar. 17, 5:30 – 9 p.m.

Stonehenge Gallery, 1041 E. Fairview Ave.262-8256

Opening ReceptionBecky Espinoza

Sunday, April 2, 2 – 4 p.m.SAC’s Gallery, 2001 Mulberry St.

265-9931

Opening ReceptionSarah Rakes—Nationally Known Contemporary Folk Artist

“Rural Vision: Songbirds, Pondfish & Florals”Thursday, April 13, 5 – 8 p.m.

Marsha Weber Art Objects, 1050 Woodley Rd.262-5349

Artist ReceptionJudith Amanda

Tuesday, April 18, 5:30 – 8:30 p.m.KAT’s Gallery, 2035 Carter Hill Rd.

265-6695

Salon Gathering & TalkBring Art or Musical Instrument, FREE Soup and Wine

Thursday, April 20, 5 – 7 p.m.The Anton Haardt Gallery, 1023 Woodley Rd.

261-3323

Opening ReceptionPaulette Riley & David Owen

Thursday, April 20, 5:30 – 8 p.m.Stonehenge Gallery, 1041 E. Fairview Ave.

262-825

Choral Masterworks FestivalCollegiate Singers & Orchestra From Across the Southeast

Sunday, March 12, 2006, 3 p.m.Davis Theatre, Montgomery St.

Tickets: 241-9567

Gary Lewis and the Playboys & Lou Christie in ConcertTwo of the 1960s Most Loved Pop Idols

Friday, March 31, 2006, 7 p.m.Davis Theatre, Montgomery St.

Tickets: 241-9567

Bama Country 98.9 Birthday BashJohn Turner & John ConleeSaturday, April 22, 7 p.m.Riverwalk Amphitheatre

Tickets: 213-0598

Montgomery Symphony OrchestraEnesco’s Romanian Rhapsody & Young Artist Winner

Monday, April 24, 7:30 p.m. Davis Theatre, Montgomery St.

Tickets: 240-4004

Alabama Dance TheatreCelebration of the Season & Peter Pan

Friday, March 3, 7:30 p.m.; Saturday, March 4 – 5, 2:30 p.m.Davis Theatre, Montgomery St.

Tickets: 241-2800

Plantation Heirs ConcertTraditional & Spiritual Music

Singers Dressed in 19th Century Period CostumesSunday, April 9, 2:30 – 4 p.m.

Loeb Reception Center, 301 Columbus St.FREE 240-4500

Elizabeth Belcher Cheek Piano Concert SeriesFeaturing Sa Chen

Sunday, April 30, 3:30 p.m.Huntingdon’s Flowers Hall

FREE 833-4457

OthelloMarch 9 – 11, 7 p.m.

Leila Barlow Theatre, ASU Campus229-6932

The Magician’s Nephew C. S. Lewis Play

April 6 – 8 & 20 – 22, 7:30 p.m., April 8, 9 & 22, 2 p.m.Huntingdon’s Old Cloverdale School, E. Fairview Ave.

Tickets: 833-4292

Culinary CaperBenefiting MACOA’s Meals On Wheels

13 Chefs, Silent Auction, DrawingSunday, March 5, 12:30 p.m.

Alabama Activities Center Dexter Ave. Tickets: 263-0532

Landmarks Spring FundraiserFriday, March 31, 6 p.m.Lucas Tavern, N. Hull St.

Tickets: 240-4500

The Alabama Book Festival 2006Hosted by Old Alabama Town & Alabama Center for the Book

Storytelling, Book Signings, Featured AuthorsSaturday, April 22, 10 a.m. – 4 p.m.

Lucas Tavern, N. Hull St.FREE 240-4500

Fourth Annual Garden GallerySaturday, April 1, 9 a.m. – 4 p.m.; Sunday, April 30, 12 – 4 p.m.

Union Station Train Shed, Water St.260-4017

Monte Carlo Casino NightBenefits Hospice of Montgomery

Thursday, April 20, 6:30 – 10 p.m.Montgomery Country Club, Narrow Ln.

Tickets: 279-6677

Alabama’s Best and Longest Tour of Old HomesSaturdays in April

Historic Neighborhoods in Montgomery

Old Alabama Town UnveiledTour of 19th Century Homes & Offices on N. Hull St.

Saturday, April 1, 1 – 4 p.m.

Garden DistrictTour Restored 20th Century Bungalows

Saturday, April 8, 1 – 4 p.m.

Centennial Hill RevisitedTour S. Union Ave., S. Jackson St. Near High St.

Saturday, April 15, 1 – 4 p.m.

Old CloverdaleTour of Homes & Gardens

Tickets and Guide Maps in Cloverdale ParkSaturday, April 22, 12 – 4 p.m.

AIA’s Old House RevivedTour S. Lawrence, S. McDonough, S. Hull

Saturday, April 29, 1 – 4 p.m.

LIVE MUSICALPERFORMANCES

LIVE THEATER

OLD HOUSETOURS

ANNUAL GALAS& EVENTS

MIDTOWN EVENTSMidtown—Where Good Things Happen!

GALLERYOPPENINGS

Spring FUN Takes Place in Midtown!

Page 4: How to Preserve and Increase Your Neighborhood’s Value · residents fear their home value is being eroded; and they offer a panic sales price just to get out fast. Actually, the

Revealed

| p a g e 6 |

S M O K E F R E E

UniquelyMIDTOWN RESTAURANTS

Tour HistoricHOMES FOR SALE Governor’s Mansion

OPEN HOUSE

SEEHow They’ve

CHANGED

Sunday, May 7, 1 – 4 p.m.

300 – 400 blocks of S. Lawrence, S. McDonough, S. Hull

Saturday, April 29, 1 – 4 p.m.

Tour maps available at 1044 E. Fairview or see adin the Homefinder Tabloid in the Montgomery Advertiser

on Saturday May 6.

834-1500 • www.OldHouseExpo.com

You’ve viewed them before. You’ve seen them street side.Now take an inside tour of seven mansions turned

into offices between High & Alabama Streets.From the North, park in any S. Lawrence St. lot

From the South, park in any S. McDonough St. lot

277-3133 • www.OldHouseRevived.comTickets: $10—On sale day of event at

305 S. Lawrence or 409 S. McDonough

Presented by Montgomery Area Association of RealtorsSponsored by the American Institute of Architects Montgomery

Chapter to benefit the Montgomery Museum of History

Old House Revived

OLD HOUSE EXPO

Smell theBLOSSOMS

Tour 20th Century Architect-Designed Cottages, Mansions & Gardensin Old Coverdale—Alabama’s First Planned Neighborhood

Saturday, April 22, 12 – 4 p.m.

Open for Tours at No Charge

Saturday, April 1, 9 a.m. – 5 p.m.Sunday, April 2, 1 – 5 p.m.

657-4012 • www.OldCloverdale.orgTickets: $15—Advanced tickets at Derk’s and Capitol Book & News

Tickets: $18—Available in Cloverdale Park on day of event

Presented by Old Cloverdale Historic District

Old CloverdaleTour of Homes & Gardens

STROLLThrough HISTORY

Tour Restored 20th Century Bungalows

Saturday, April 8, 1 – 4 p.m.

834-1500

Tickets: $15—Mail check made out to GDPA to:PO Box 463, Montgomery, AL 36101

Tickets: $18—On day of event

Presented by the Garden District Preservation Association

Garden District Tour

ALABAMA’S BEST AND LONGEST TOUROF HISTORIC HOMES

Historic neighborhoods in Montgomery

Montgomery is rich in architectural heritage. Many of itsearly residential neighborhoods were designed by noted archi-tects and lived in by famous residents. Montgomerians have cho-sen to rehabilitate historic residential neighborhoods whichformed in the 19th and early 20th century. Some are currentlyused for residences. Others for business. All contribute to thearchitectural and social fabric on the Capital City. Each is wortha first-hand visit. During Saturdays in April, our doors are open.

www.SaturdaysInApril.com

Tyson-Maner House, c 1888

Governor Shorter House, c 1861

Stay House, c 1893

Gerald-Dowell House, ca 1855

Falconer House, ca 1840

Smith-Joseph-Stratton House, ca 1854

EXPLORE A Beacon of

BLACK LIFE

300, 400 & 500 Blocks of Union Street

Saturday, April 15, 1 – 4 p.m.264-5111 • www.chrenovations.org

Tickets: $10—On sale day of event at St. John the Baptist Catholic Church.

Benefits Centennial Hill Gardening Projectfor Historic Preservation

Centennial Hill Revisited

St. John the Baptist Catholic ChurchMrs. White’s Industrial SchoolThe Elk’s ClubTulane-Simmons HouseE. P. Wallace HouseDr. A.T. Adair HouseJackson-Community House

See Behind

CLOSED DOORS

Tour of 19th Century Houses of Working Class & Upper-Crust in the South’s Premier History Village

Saturday, April 1, 1 – 4 p.m.Tour Rarely Opened Homes & Offices on N. Hull St.

Go Inside What You Normally Only Can View from the Street.

240-4500 • www.OldAlabamaTown.comTickets: $10—On sale at Loeb Center or Lucas Tavern on day of event.Tickets also allow access to tour the S. & N. blocks from 10 – 4 p.m.

Benefiting the Landmarks Foundation

Orderman Town House, c 1850With period costumed re-enactorsDavis-Cook House, c 1857Gallagher House, c 1882Campbell Cottage, c 1853Lawrence Cottage, c 1880Lucas Tavern, c 1825 Martin-Barnes House, c 1834Thompson Mansion, ca 1850Victorian Cottage, c 1890Young House, ca 1850

OUR DOORS ARE OPENAny Saturday you visit Montgomery in April 2006,

there will be a tour of historic houses available.

MANSION & GARDENS

On Historic S. Perry St.

Page 5: How to Preserve and Increase Your Neighborhood’s Value · residents fear their home value is being eroded; and they offer a panic sales price just to get out fast. Actually, the

AMS REAL ESTATEINSPECTION, LLC

ALLEN STUCKEY1002 S HULL ST.

[email protected]

834-7969

Real Estate InspectionsPlumbing, Heating/AC,

Electrical, Roof, FoundationPre-Purchase Inspection

Synthetic Stucco Inspection

THE ANTON HAARDTG A L L E R Y

| p a g e 8 |

MORTGAGE

RESOURCE GUIDE Thank you to the following Midtown

Living Partners for their participation & investment in this publication.When you patronize

these companies, please tell them you saw their ad in Sandra Nickel’s Midtown Living.

MORTGAGE

ATTORNEY

PRE-SELL INSPECTIONS

HOME INSPECTION

MORTGAGE

ResidentialMortgage

Corporation

Take advantageof the historic

low rates!Apply by phone

Steve Kermish

270-9100

RMC

REAL ESTATEPRO, LLC

Your Real Estate Closing CompanyNow in Two Convenient Locations

4241 Lomac StreetMontgomery, AL 36106

272-1065

274 Interstate Commercial Prk LpPrattville, AL 36066

491-4940

Roy E. McBryar, JD, CPAAttorney at Law

Peggy M. Goins, Vice President

No representation is made that thequality of the legal services to be

provided is greater than the quality oflegal services performed by others.

We make you a betterhome buyer!

Certified HomeInspections

Call: Lee Hester850.4939

Email:[email protected]

REAL PROPERTYCONSULTING, LLC.

Give a Gift of Art from the Haardt

1023 Woodley Rd. • 261-3323 • www.AntonArt.com

Special Portfolio Showingof Portraits Never Before Exhibited

by Alabama Folk Artist

On Going Exhibit of Works by Anton HaardtTue. – Sat., 12 – 5 p.m. or by appointment

SYBILGIBSON1908 – 1995

Show Opens: Thurs., March 16

1. Which NASCAR driver won the 2005 Daytona 500?

2. Who won the Daytona 500 25 years ago?

3. Which college basketball team won the NCAA Tournament in 1976? Who was

named the tournament’s top player?

4. Who was the only starter from that championship team to later win an NBA title?

5. Name the two University of Tennessee basketball players who averaged more

than 25 points per game for the Volunteers during the 1975 – 76 season?

6. Who was the rookie coach who led Army to an 11-14 record—an eight-win

improvement over the previous season—in 1975 – 76?

7. Which major-league baseball team had the best regular-season record in 2005? 1.Jeff Gordon won his third Daytona 500 in 2005,averaging 135.2 mph in his Chevrolet. 2.RichardPetty won his seventh and final Daytona 500 in1981. He averaged 169.7 mph. 3.Indiana capped offa perfect 32-0 record with an 86-68 victory overMichigan in the 1976 NCAA championship game.Indiana center Kent Benson was named thetournament’s Most Outstanding Player. 4.Indianaguard Quinn Buckner later won an NBA title as amember of the 1983-84 Boston Celtics.5.Ernie Grunfeld averaged 25.3 points per game andBernard King had 25.2 ppg to lead Tennessee to a21-6 record. However,a broken thumb sidelinedKing for the NCAA Tournament,and the Volunteerslost 81-75 to the Virginia Military Institute in thefirst round even though Grunfeld scored 36 points. 6.Mike Krzyzewski,who has coached Duke to threeNCAA titles,started his career at Army. In hissecond season at Army,he led the team to a 20-8record. 7.The St. Louis Cardinals led the majorswith a 100-62 record,but were knocked out of theNational League Championship Series in six gamesby the Houston Astros.

Page 6: How to Preserve and Increase Your Neighborhood’s Value · residents fear their home value is being eroded; and they offer a panic sales price just to get out fast. Actually, the

Dear Future Homeowner:

Are you thinking about building a new home in one of Midtown’s trendy new home developments—Lockwood, Vaughn Meadows or anywhere in the River Region?

Do you have a lot, or a tear-down house in one of the city’s exclusive neighborhoods—Mrytlewood,Allendale, Edgewood, McGehee Estates, Westminster?

Have you always wanted a custom-designed and built luxury home, but didn’t know where to start, or you

were hesitant to invest the resources it would take for someone else to develop your drawings?Stop dreaming. Gather the idea files you’ve collected. Call me and set an appointment.In just a couple of hours, we’ll help you better define what you want in a custom home and explain ourexclusive design/build process. In about two weeks, we’ll show you rough floor plans and renderings, giveyou a budget range, and when you’re satisfied, we can develop the final working drawings and price theentire project. We’ll work with you on every decision, and you won’t be limited to three or four choices.Our design resource center of ideas is limitless.

You can do all this for a small fee ($2,000), which you’ll get back when construction begins. If you choosenot to go forward, we’ll sell you the plans. Once it is designed, we tell you how much it will cost to build toyour specifications and quality standards, and we’ll guarantee the price. You won’t find this offer anywhere else,

unless you just want to pay a much higher price and take months to see your dream home created.Or, if you’d rather bring your own architect’s plans, we’ll help you build them, too. And, we’ll still workwith you through every step of the process from start to finish.

You can have a quality, custom-designed and built luxury home by Montgomery’s premier custom home builder.Go ahead, give me a call today and let us show you how you can have your dream home.Sincerely Yours,

Alan S. TaylorAlan S. TaylorT.H. Taylor Homes

657-7428www.thtaylorhomes.com

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BRENTWOODADDRESS LIST PRICE SOLD PRICE D.O.M. % CHG. S.P./SQ. FT.3179 FERNWAY DR $75,600 $85,000 30 -12.4% $53.703301 CARTER HILL RD $109,900 $109,900 21 0.0% $70.093309 FERNWAY DR $119,900 $119,900 7 0.0% $55.383230 FERNWAY DR $129,900 $120,300 26 7.4% $62.723357 FERNWAY DR $114,900 $121,000 53 -5.3% $61.803188 E FERNWAY DR $124,900 $123,500 67 1.1% $64.323168 FERNWAY DR $125,000 $125,000 41 0.0% $68.533030 LANSDOWNE $126,900 $125,000 27 1.5% $67.573131 CRAWFORD ST $132,900 $125,000 103 5.9% $63.523126 WOODFERN DR $129,000 $126,000 91 2.3% $70.713445 MANCHESTER DR $134,900 $127,995 134 5.1% $68.343325 SOMMERVILLE DR $134,900 $129,000 79 4.4% $77.063112 FERNWAY CT $134,900 $130,500 25 3.3% $67.973531 EDGEFIELD DR $139,850 $132,500 136 5.3% $60.863106 CRAWFORD ST $137,500 $133,000 62 3.3% $73.773106 LANSDOWNE DR $139,900 $134,900 29 3.6% $72.533506 DRESDEN DR $139,900 $136,000 162 2.8% $65.543317 ALBANS LN $139,935 $136,500 31 2.5% $61.103102 WOODFERN DR $138,900 $138,900 9 0.0% $57.783465 FERNWAY DR $144,921 $140,000 73 3.4% $69.623568 FOXHALL DR $149,000 $140,000 83 6.0% $53.373427 MANCHESTER DR $143,800 $142,000 39 1.3% $69.713412 FIELDCREST DR $145,000 $145,000 9 0.0% $71.783426 MANCHESTER DR $149,900 $147,500 84 1.6% $66.503425 DRESDEN DR $149,900 $149,900 6 0.0% $69.883302 OXMOOR LN $164,900 $164,900 112 0.0% $60.253418 FIELDCREST DR $174,900 $172,900 22 1.1% $65.84TOTAL AVERAGES $135,256 $132,670 58 2.9% $65.56

GAY MEADOWS / GLADLANE ESTATESADDRESS LIST PRICE SOLD PRICE D.O.M. % CHG. S.P./SQ. FT.2746 FISK RD $73,800 $73,000 60 1.1% $40.513009 MERRIMAC DR $89,900 $75,000 29 16.6% $44.642719 WOODLEY RD $87,000 $87,903 14 -1.0% $45.363006 SUTTON DR $94,500 $90,000 85 4.8% $59.922609 GLADLANE DR $89,000 $91,500 10 -2.8% $54.243111 SUTTON DR $95,900 $92,000 24 4.1% $67.302801 NEWPORT RD $94,900 $92,000 32 3.1% $64.612734 FISK RD $93,900 $92,500 53 1.5% $57.382846 GREENBRIAR RD $94,900 $94,900 42 0.0% $59.692804 GREENBRIAR RD $98,500 $96,500 71 2.0% $63.783120 GUYMAR RD $109,900 $97,000 151 11.7% $46.462816 GREENBRIAR RD $99,000 $99,000 92 0.0% $44.842710 COLONIAL DR $101,000 $100,000 14 1.0% $51.523103 PARTRIDGE RD $104,900 $103,000 99 1.8% $57.873121 SUTTON DR $107,500 $105,000 14 2.3% $63.442626 CLEMENT CURVE $109,900 $105,400 33 4.1% $57.222646 FAIRMONT RD $117,500 $106,000 19 9.8% $50.963031 GUYMAR RD $107,000 $107,000 59 0.0% $57.103052 SUTTON DR $112,900 $107,000 41 5.2% $62.652603 ELDINGTON DR $115,500 $107,500 74 6.9% $61.113131 SUTTON DR $110,900 $108,000 51 2.6% $64.063242 N COLONIAL DR $119,000 $108,000 9 9.2% $57.543061 N COLONIAL DR $115,900 $109,900 201 5.2% $50.323740 FIELDCREST DR $104,000 $111,200 5 -6.9% $41.282541 OXFORD DR $115,000 $111,950 67 2.7% $63.613238 N COLONIAL DR $124,900 $114,000 38 8.7% $58.702501 GLADLANE DR $119,850 $115,000 90 4.0% $48.203924 ROUSE RIDGE CT $119,953 $116,000 111 3.3% $59.492615 ASHLAWN DR $117,500 $117,500 37 0.0% $52.482647 FAIRMONT RD $125,000 $118,000 30 5.6% $49.312757 S COLONIAL DR $119,900 $119,900 31 0.0% $54.502708 ASHLAWN DR $123,000 $121,500 1 1.2% $59.852668 ELDINGTON DR $126,000 $122,500 72 2.8% $58.423009 SUTTON DR $124,900 $123,500 54 1.1% $63.823026 MERRIMAC CT $129,900 $123,500 35 4.9% $42.183126 GUYMAR RD $125,500 $124,500 57 0.8% $54.153045 MERRIMAC DR $127,900 $127,000 44 0.7% $63.503231 COLONIAL DR $141,900 $136,000 94 4.2% $44.593649 FERNWAY DR $145,000 $141,000 29 2.8% $59.223700 FIELDCREST DR $139,000 $145,000 119 -4.3% $75.323066 MERRIMAC DR $155,000 $148,000 116 4.5% $54.533826 ROUSE RIDGE RD $153,900 $149,900 25 2.6% $57.683624 FERNWAY DR $171,500 $171,500 0 0.0% $68.163613 FERNWAY $194,900 $194,900 30 0.0% $62.87TOTAL AVERAGES $117,094 $113,878 52 3.4% $56.90

HILLWOODADDRESS LIST PRICE SOLD PRICE D.O.M. % CHG. S.P./SQ. FT.3272 GATSBY LN $115,000 $115,000 25 0.0% $76.873214 GATSBY LN $129,900 $126,000 49 3.0% $74.963141 GATSBY LN $139,900 $131,500 45 6.0% $73.183162 GATSBY LN $139,000 $137,000 89 1.4% $47.183267 GATSBY LN $139,500 $138,938 127 0.4% $90.693148 MALONE DR $159,900 $155,000 48 3.1% $81.491839 CROOM DR $169,000 $160,000 47 5.3% $72.691826 VAUGHN LN $164,000 $164,000 29 0.0% $80.001607 WENTWORTH DR $178,000 $174,000 104 2.2% $86.181703 VAUGHN LN $194,900 $186,500 34 4.3% $79.703105 HEMON RD $225,500 $220,000 47 2.4% $81.03TOTAL AVERAGES $159,509 $155,267 59 2.6% $76.72

MCGEHEE ESTATES / ALLENDALEADDRESS LIST PRICE SOLD PRICE D.O.M. % CHG. S.P./SQ. FT.2930 OLD FARM RD $124,900 $122,150 6 2.2% $70.482944 OLD FARM RD $142,500 $139,500 104 2.1% $56.252427 HAWTHORNE DR $189,500 $176,000 45 7.1% $90.492916 FERNWAY DR $179,750 $177,950 198 1.0% $67.102825 CRAWFORD ST $199,900 $186,000 122 7.0% $68.333409 WARRENTON RD $190,000 $190,000 52 0.0% $75.583126 HIGHFIELD DR $194,900 $190,000 127 2.5% $77.023143 HATHAWAY PL $259,900 $207,000 104 20.4% $62.262500 JASMINE RD $245,000 $220,000 38 10.2% $67.632424 WOODLEY RD $249,900 $220,000 104 12.0% $58.923308 BOXWOOD DR $225,000 $225,000 0 0.0% $79.563451 WARRENTON RD $235,000 $227,500 181 3.2% $71.412444 BELCHER DR $239,900 $235,000 96 2.0% $66.842208 ROSEMONT DR $248,900 $249,000 230 -0.0% $101.632196 ALLENDALE RD $269,000 $255,000 84 5.2% $113.133175 ROLLING RD $275,000 $272,500 19 0.9% $93.002249 ALLENDALE PL $295,000 $275,000 266 6.8% $85.942221 ALLENDALE PL $275,000 $275,000 130 0.0% $109.653121 PINEHURST DR $319,000 $275,000 150 13.8% $98.462020 MYRTLEWOOD DR $335,000 $277,000 121 17.3% $117.872901 FERNWAY DR $310,000 $295,000 265 4.8% $69.843145 ROLLING RD $319,500 $310,000 20 3.0% $84.823350 ALLENDALE PL $336,900 $323,000 151 4.1% $100.002019 MYRTLEWOOD DR $345,000 $328,000 183 4.9% $89.033338 STRATFORD LN $369,500 $350,000 25 5.3% $100.462152 WOODLEY RD $715,000 $650,000 220 9.1% $144.61TOTAL AVERAGES $272,652 $255,792 117 5.6% $85.40

RIDGEFIELD / VAUGHN MEADOWSADDRESS LIST PRICE SOLD PRICE D.O.M. % CHG. S.P./SQ. FT.2368 WINCHESTER DR $133,500 $82,600 0 38.1% $45.643301 CARTER HILL RD $109,900 $109,900 21 0.0% $70.092206 WENTWORTH DR $159,900 $159,000 14 0.6% $79.583312 DREXEL RD $159,900 $159,500 4 0.3% $70.612108 BOWEN DR $229,900 $224,900 36 2.2% $78.553118 FIELDCREST DR $264,900 $254,000 11 4.1% $89.983614 HILLVIEW CLOSE $429,000 $408,000 71 4.9% $99.203078 FIELDCREST DR $419,000 $450,000 296 -7.4% $80.433140 FIELDCREST DR $469,900 $469,900 181 0.0% $95.90TOTAL AVERAGES $263,989 $257,533 70 6.4% $78.88

Without Winchester 280,300 279,400 70 1.0% $83.04

Midtown Property SalesProperties Sold Between July 1, 2005 and December 30, 2005

Please Contact

SANDRANICKELHAT TEAM, REALTORS®

To Get Your Home Sold!

(334) 834-1500

Page 8: How to Preserve and Increase Your Neighborhood’s Value · residents fear their home value is being eroded; and they offer a panic sales price just to get out fast. Actually, the

The Montgomery Market: More Buyers, Fewer Sellers, Rising Prices. Call Us for Help!

Call the Hat Team to put them to work for you!

OLD CLOVERDALEMCGEHEE ESTATES

$375,000 $375,000 $595,000 $229,000

VAUGHN MEADOWS

GARDEN DISTRICTCLOVERDALEWESTMINISTER

$126,500 $149,900 $149,900 $214,500

CLOVERDALE-IDLEWILD CLOVERDALE

GARDEN DISTRICT

MCGEHEE ESTATES

$145,000 $427,000 $79,900 $149,900All payment estimates based on a 5% down payment and a 6%, 30-year conventional mortgage.

Talk to one of the Hat Team Specialists. We can show any home in Montgomery. Call 834-1500.

Sandra NickelBroker

Billy YoungProduction

Manager

RustyWilkinsonSr. ListingSpecialist

Lauren LayfieldBuyer

Specialist

Frank PowellBuyer

Specialist

Glenn RolstonBuyer

Specialist

Pam MasseyInvestor

Specialist

JenniferSteverson

Seller ServicesManager

Steve LukerOperations

Manager

Jim NickelBusinessManager

$1,221 Month

$881 Month

$2,430 Month

CAPITOL HEIGHTS

$455 Month

$3,635 Month

WOODMERE

$720 Month

$1,308 Month

$916 Month

$2,134 Month

$853 Month

$2,134 Month

$825 Month

1044 East Fairview Avenue • Montgomery, AL 36106 • www.hatteam.com


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