Lakeland Florida Housing Market |Market
The charts below will give you up-to-date real estate trends in real time for themarket according to Florida Regional MLS. Monthly housing statistics for Lakeland FL. Detailed reports with Average and Median Sales Price, Days on Market and Market Activity for Lakeland, Florida.
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Average Sold Price Lakeland Florida separated by Zip Code
Median Sold Price for Lakeland Florida separated by Zip Code
Average Days on Market for Lakeland Florida separated by Zip Code
Lakeland Florida Housing Market –Market
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How Can Seller Incentives Help Your Lakeland Fl Home Sell Faster?
Whether you are listing your Lakeland Fl home in a buyer’s market, seller’s market or balanced real estate market, you may want to consider giving your buyers incentives to motivate them to make an offer on your home.
What are the Best Incentives?
Most Lakeland Fl agents say that the best incentive that can sell your house quickly is a home that is in good condition and is priced just right.
If you find that you don’t have enough money or time to make improvements on your Lakeland Fl home for sale, then you can try to sell it “as is” – but don’t don’t expect to get the best price for it. You will have to set a price below what comparable homes in your area are selling for when you sell a home “as is” or without improvements.”
You can also attract more offers by offering buyers financial incentives such as assistance with closing costs and home warranty. The amount you can offer depends on the guidelines of your buyer’s particular loan program.
Other Creative Incentives for Buyers:
When creating incentives for your buyers, it is important to think of the type of buyers who might be interested in your Lakeland Fl home for sale. Are your buyers empty nesters, young professionals, or a young family? Is your home a luxury home, a waterfront home, or a starter home? Your incentives should be in line with your buyers’ interests and the type of home you have.
Here are some creative incentives you can offer your buyers:
If you live near or on the water, consider including a jet ski or kayak with the purchase price of your home.
If your home is located near one of the many fishing spots in Lakeland, consider including some fishing equipment for your buyers.
If you are living in a community with a homeowner’s association, consider paying for one year worth of HOA fees. This would be very attractive to first time homebuyers who are mostly concerned about the additional costs of buying a home.
If you live in a community with a country club, you can offer to pay for one year’s membership in the club for your buyer or maybe pay the initial fees.
If you are selling a vacation home, consider offering a gift card for new furniture or buy new kitchen supplies and linens for the new homeowner.
Is the market really competitive and selling a home is tough, some sellers even offer to include their high end car with the purchase price of the home.
Make sure to discuss the pros and cons of these incentives with your Lakeland Fl agent. When you think of incentives, they should boost and not reduce your profits from the sale of your home.
Family Things to do in Lakeland FL
April has arrived and along with it the great Central Florida Spring weather. While many other states are still waiting to thaw out from their brutal winter here in Lakeland FL the sun is shining bright. Here in Lakeland, FL there isn’t a better way to bring in the Spring than to celebrate at First Friday in downtown Lakeland and this Friday’s theme is Motorcycle Mania. Folks who are accustomed to First Fridays in downtown Lakeland, FL are accustom to the Classic Car show but this month you can expect to be wowed with some spectacular Motorcycles. Some other great activities you should not miss at this Motorcycle Mania include live music, the classic car show, and the great restaurants and shops located around Munn Park that stay open later for this fun night.
This week marks the start of another Annual event for Lakeland, FL. The 40th Annual Sun ‘n Fun Fly-in at the Lakeland Linder Airport and Sun ‘n Fun Museum. This year also marks the return of some of the most advanced piloting witnessed in the world by the United States Navy Blue Angels. If you have never attended one of the Fly In hosted here in Lakeland this year is a year you do not want to miss. There will be hundreds of other amazing aircraft on display this year that you would not want to miss including the Air Force’s F-22. This is sure to be a great event unmatched by past years. This event will be happening April 1-6. Check out this year’s schedule by clicking this link here
Finally next week marks the return of the Second Annual Ice Cream Festival also hosted at the SUN ‘n FUN campus. With last years turn out in the 30,000 range this year they have added a second day to the event with more musicians to enjoy the days with. Some other events going on throughout this event include an Ice Cream eating contest with last years champion returning to defend his title, there will be an ice cream eating contest between some of Polk County’s elected officials, and many other events to help entertain you next weekend. So take the weekend and go visit this festival April 12-13. Click here to check out the event’s schedule.
Top 3 Tips to Sell Your Lakeland Fl Home In 2014
If you are planning to list your Lakeland Fl home for sale in 2014, take note that there has been a change in buyer’s attitudes since the economic downturn. Buyers are savvier and take their time when selecting a home.
Most of today’s buyers belong to Generation Y, or the Millennials, who have grown up in a word of unlimited information via the internet. They love to search and research online. They love photographs and sharing.
To match these buyers needs, here are the top 3 tips to make you a smart home seller in 2014:
1. Take great photos of your Lakeland Fl home for sale.
Most buyers get their first impression of your home through the online listing. Never include photos that are too dark or rooms with the lights off or blinds closed. The worst thing you can do to kill your chances of a sale is to not include any photos of your online listing. If you have the extra cash, you could invest in a professional to take photos of your home. Make sure they do the photo shoot when lighting conditions are optimal. Prepare your home for the photo shoot by cleaning and staging it, as if you were preparing for an open house. Bad photos will turn off buyers and they won’t even bother going to view your home.
2. Get a home inspection.
If a buyer discovers damage or items that need repair in your home, you might be forced to reduce the price or offer credits so the buyer can have your home repaired. What could be worse is the buyer might walk away from the deal and look for another home in better condition. Once your home gets the reputation as a “home in need of repairs,” chances are it will stay on the market longer and you might need to make a few price cuts just to sell it. That’s why it’s important to invest in a professional pre-sales home inspection. If the inspection uncovers any problems that you cannot afford to repair, at least you can price the home accordingly and disclose this information to the buyer to avoid surprises and frustration.
3. Offer buyer incentives.
If you can give the buyer an earlier closing so they can move in right away, then give it to them. You can also offer buyer incentives like a one-year home warranty or a small credit for closing costs. These little incentives will go a long way in getting a faster and hassle-free closing.
To be a smart seller in 2014, you need to put yourself if the buyer’s shoes. Remember that these buyers survived one of the biggest housing crises in history, making them more cautious than ever and more prone to use the internet to research about homes. Take these 3 tips seriously and you will be able to sell your Lakeland Fl home in no time.
Top 3 Cheapest Ways to Increase the Value of Your Lakeland Fl Home for Sale
Home buyers gravitate to homes that are clean and bright rather than to homes that need cleaning and are dark. I recently showed homes here in Lakeland to an out of town buyer. While all the homes were within their price range, homes that were clean and bright were chosen to be their top choices.
Every home seller wants to sell their home at a higher price. Every home buyer wants a beautiful, fresh looking home. But in reality, no one wants to spend tons of money on remodeling or renovating their home. If you are planning to sell your Lakeland Fl home, you need to invest in making your home appealing. You also need to be careful with your spending so you don’t break your budget.
The good news is that there are actually ways to increase the value of your home without spending thousands and thousands of dollars. You can do this by following just 3 simple tips below. You may be surprised by how your home might seem like it’s worth more than its original price:
1. Clean and Reorganize
The simplest trick is to keep your home clutter-free and organized. You would be surprised at how a weekend allotted just for cleaning and reorganizing things can transform your home from a messy old house to a fresh looking home. Since we are used to how our homes look, we tend to overlook clutter and eye sores. To help you decide on which things to get rid of and which to keep, ask a friend or a close relative (who is more likely to give an honest, critical and objective opinion) to walk through your home and give you insight on how your home would look to a home buyer. When you have decided what to keep, organize things in neat boxes that you can easily store in your attic or garage. Get rid of old furniture and have a designated place for everything. When you’re done, deep clean rooms, walls and floors to remove dirt, stains, or unpleasant smells. After everything, you might be surprised at how your home’s appeal has changed.
2. Give your rooms and appliances a simple facelift
No need for expensive renovations. Try to inspect your home and look for little things that need revamping that you can do on your own. Little do-it-yourself projects can go a long way when trying to increase the value of your home. Do your kitchen cabinet handles need to be replaced? Go ahead and spend a few bucks on those door handles or paint. Spend an afternoon sprucing up your appliances. Are you still using the old curtains you put up last month? Try to replace them with new ones to brighten up the room. Same goes for beddings and pillowcases. Make the most out of color combinations. Try to determine what will make your home feel light and fresh. Remember that you want buyers to imagine themselves living in your home. Give them enough room to be creative with their own dream interior design.
3. Light up your home
Light can make a tremendous difference in the ambiance of a home. If possible, let natural light in by clearing up things inside the house that would block its path. Sometimes moving stuff inside the house can do the trick. You want your house to be well lit when home buyers check it. Replacing dysfunctional or old bulbs with new, brighter ones can help a lot in this area. Get rid of light sources that are distracting or that would keep the buyers from seeing the natural color and great spaces inside your home. Show them how beautiful your home is and you might just get the value you want.
When you follow these inexpensive tips and at the same time work with a talented agent, increasing the value of your Lakeland Fl home for sale will be really easy.
Southwest Lakeland Pool Home For Sale – 3824 W. Country Loop
Completely remodeled 3 bedroom 2 bath pool home in SW Lakeland Florida that boast over 2,000 sq.ft of living space. The home features newly remodeled kitchen featuring breakfast bar and overlooking the living room with it’s wood burning fireplace. You will enjoy the view of the beautiful sparkling pool from the living room or the enclosed screened lanai. Freshly painted inside and out, newer roof, a/c and double pane windows. Bathrooms were completely remodeled with tiles, vanity and fixtures. A large bonus room is a great feature for entertainment or what your heart desires. Minutes from Lakeside Village and Polk Parkway makes commuting to Tampa or Orlando easy. New tiles and carpet throughout the home. No Deed Restrictions and HOA.
Remodeled Kitchen featuring dishwasher and glass top range/oven
Sparkling in-ground pool with brick pavers
Large Family Room with wood burning fireplace
This home is located a heaven away from the hustle and bustle of the big city. This location is convenient to the Polk Parkway, Interstate 4 (I-4) and Lakeside Village. Conveniently located Lakeland is roughly 30 miles from Tampa and 45 minutes to Orlando Florida. You will find that you are convenient to the beach with only a 30 minute ride. You will also find that Lakeland is in the middle of everything.
For more pictures and price of this home, please click on the link right here below:
There are grocery stores, banks, the Lakeland Regional Medical Center, schools and access to I-4, all very conveniently located
There are many attractions in the surrounding area of Lakeland. There are more than 550 freshwater lakes, scenic rivers, and man made water features where locals and residents find fishing and water sports a popular past time.
A few more local attractions near Lakeland Florida include Auburndale Speedway, Barnet Family Park, the historic Bok Tower, a true gem in the community, Common Ground park, Cow Camp at Lake Kissimmee State Park, Fantasy of Flight, and Legoland. You will also find much much more. .
Lakeland homes for sale is close to Munn Park, also known as the heart and soul of this community. Here you will find the farmers market, neat little restaurants and shops surrounding the beautiful, colorfully landscaped park.
For the arts and culture lovers there is a rich and diverse selection of things to experience and admire. You can catch a movie at one of the unique movie theaters here in Polk County, you can enjoy their unique forms of art within a close drive to the Polk Museum of Art.
Check out this video about this home
If you are not able to view the video, please click on the link below to view the video:
Please call us at 863-619-6918 for a private view of this home. To view all of our listing please visit: http://www.servinglakelandfl.com
Your Lakeland Fl Home For Sale’s First Price Should Be the Best Price
If you are putting your Lakeland Fl home for sale on the market and it’s a seller’s market where buyers are competing for limited inventory, you may be tempted to sell your home at a higher price.
Here’s advice from an experienced Lakeland Fl agent: Don’t do it!
I recently had a conversation with a listing agent about the home he has listed in Lakeland. The home shows very well and is priced in the $200,000 price range. Recent home sales within the community sold in the $170,000 price range, so I asked him after I researched to find comparable homes where he found additional $30,000 in upgrades. Well, he could not come up with anything other than to say it is overpriced and the sellers won’t go for anything less. This home is going to be on the market for a long time.
An experienced Lakeland Fl agent with your best interest at heart will tell you that it is very important to correctly price your home from the start to get it sold quickly and at top dollar. Research shows that when a home is overpriced and the owner makes several price drops while the home stays on the market, the owner ends up getting a much lower price than what they originally could have gotten for the home. The longer a home stays on the market, the higher the discount will be on the original price.
So how do you correctly price your Lakeland Fl home for sale?
If you price your home too high, it won’t attract any buyers. Many sellers price their home based on what they originally paid for it, the mortgage balance, or how much they need in order to move to a new home. These are all wrong ways in determining the best price of your home.
If you are interviewing several real estate agents in Lakeland Fl, you might be tempted to select the agent who suggest the highest price for your home. Beware of these agents. The Lakeland FL agent who effectively uses the CMA to properly price your home is the agent who will be able to sell your home quickly and for top dollar. Be wary of an agent who will only tell you what you want to hear.
A comparative market analysis includes the sales price of similar homes in your neighborhood that have sold in the last 2 months. Some agents will also include comparable homes that are currently on the market.
The best Lakeland Fl agent will help you measure your sales price against competition and factor in local market conditions (including whether it’s a seller’s or buyer’s market) in order to determine the best price for your home and attract more potential buyers.
Selecting the right price for your home begins with selecting the right Lakeland Fl agent to help with your Lakeland Fl home for sale. When you follow your agent’s advice, you will be able to sell your home quickly and at the best possible price.
What’s the difference between an Appraisal and a CMA when it comes to selling your home?
There are two ways you can determine the current value of your home – through a professional appraisal or a comparable market analysis (CMA). What’s the difference? A professional appraisal is performed by a licensed appraiser. While both are considered an opinion of value, an appraisal is a formal process that uses three approaches to determine the value of your home. The Cost Approach is derived from a calculation of the cost to replace the home, less depreciation and other factors, plus the land value. The Income Approach is pertinent to investors which involves estimating what an investor would pay based on the income produced by the property. The most common and accurate approach is the Sales Comparison Approach. This involves providing a comparison to other similar homes located nearby that have recently sold.
In a Sales Approach, the professional appraiser will visit the home he or she is contracted to appraise and will compare it to other homes currently for sale, homes under contract and homes sold in recent months in the area with similar square footage, condition, age, amenities, number of bedrooms, and more. The data gathered by the appraiser will be compared to property tax records, along with recent market trends to determine if prices have gone up or down. Information from the MLS is also used by appraisers.
If an appraisal comes in lower than the asking price of the subject home, the bank may not grant the buyer the loan depending on the terms and condition of the sales contract between the seller and the buyer. Therefore, the seller will most likely need to reduce the price so the buyer can purchase the property.
A real estate agent not licensed as an appraiser can’t perform appraisals. Appraisals are generally requested by the bank to protect its interests and to make sure they don’t loan too much money for a home currently under contract to be sold.
A CMA is done by a professional real estate agent and is used to determine a home’s current market value. The seller can then determine the best listing price for their home where it will sell for the highest amount possible in the shortest amount of time. Hiring a real estate agent to do a CMA is equally important to hiring an appraiser. You want to hire an agent that is experienced providing you such an analysis. He or she must be knowledgeable and have a true understanding of the real estate market, trends and valuation concepts and is familiar with your community.
Your real estate agent will get information from the MLS (multiple listing service) on similar listed homes for sale, sold data, property tax roll data, historical trends and use this data to generate a CMA. The CMA includes homes for sale in your immediate area as well as recently sold properties that are similar to your home in square footing, number of bedrooms, appearance, features, and price range. Such analysis may also include comparable homes that are no longer on the market and homes currently under contract.
Establishing the fair market value of your home is very important to buyers and their lenders. Once your buyer applies for a loan, the lender will order an appraisal on your home for sale. If the price of your home is way above comparables, your home may not sell and may stay on the market for a long time.
If the price of your home for sale is based on your agent’s CMA, chances are good that it will match the buyer’s appraisal. This means your buyer will most likely be approved for the loan and you can quickly sell your home.
If you are thinking about selling your home in Lakeland, contact Petra Norris at 863-619-6918 for an appointment or simply click here to fill out a form.
7 Tips on Taking Great Photos That Will Sell Your Lakeland Fl Home Quickly
I tend to answer a lot of questions from prospective buyers and the most frequent question I get asked is, “can you send me more pictures?”. Great photographs can attract potential buyers to your Lakeland Fl home for sale and help sell your home quickly.
You don’t have to be a professional photographer or have an expensive DSLR camera to achieve this. Taking good photos that will sell your Lakeland Fl home is rather simple.
Here are 7 tips on taking great photos of your Lakeland Fl home especially when selling it as a for sale by owner:
1. Take photos after sunset. The best time to take photos outside your Lakeland Fl home for sale is right after sunset when the sky starts to get dark. The worst time to take photos is midday, when the light is too bright, showing any flaws in the home and casting shadows everywhere
2. Look for the best places to take photos of your house before it gets dark. Choose 3 or more areas of your home that looks best just before it gets dark. That way you can take all the shots quickly in one evening and maximize the half light.
3. Turn on all the lights in your Lakeland Fl home for sale. This includes lamps by the bedside and in the lounge room. Turn on all exterior lights as well in the patio, porch, walkway, etc. having the lights on makes your home for sale look warm and inviting. The light also brings out the contours and shape of your house in the evening light.
4. Take photos from different angles. Use wide angle shots and close up shots of the entrance or patio and experiment with them to see which looks best. Make sure you grab the buyer’s attention through your photos.
5. Remove unnecessary items. Be aware of items that might be included in the shot. Remove personal items, trash bins, toys, dog beds, and clutter lying around. Move the cars off the driveway. Make sure there are no distractions in your photos. Avoid having power lines or washing lines in the photo.
6. If your home for sale has a large driveway, take photos from closer to the ground or high up by stepping on a ladder. This will give more focus on your home by reducing the driveway perspective.
7. Placing flowers on the dining table, a bottle of wine and some wine glasses on the outdoor lounge table, or even a dinner setting could make your Lakeland Fl home for sale much more inviting to potential buyers. When you add a sense of scene, your potential buyers will be able to imagine themselves living in your home and will be more attracted to you Lakeland Fl home for sale.
You could use all these professional tricks in getting the best photos of your Lakeland Fl home for sale. If you intend to put the homes on the website, you shouldn’t worry too much about resolution or quality. Some websites actually reject photos with very high resolutions, therefore, a simple digital camera will do the trick.
If you are still not confident or satisfied with your photos, you could hire a professional photographer to take photos of your Lakeland Fl home for sale.
Getting great photos of your Lakeland Fl home for sale is not hard and doesn’t cost much but will go a long way in attracting potential buyers and selling your Lakeland Fl home for sale fast.