Archive Monthly Archives: November 2011

Fitting Into Your Smaller Austin Home

Home size limited in Austin

Sylvia and I recently installed new hardwood floors in our entire home. Bedrooms, closets, kitchen, hallway, etc. Everywhere except the laundry room and 2 bathrooms, which received new tile the month before. The process of doing this in an occupied home required a packing and moving of stuff not dissimilar to actually moving. Every part of the home had to be emptied out completely, just not all at once. So we migrated piles of stuff from one part of the house to the other as the new floors were installed. Meanwhile, we lived in a semi-construction zone for 10 days.

I learned a lot about wood flooring and the install process, but this article is about our stuff. I heard myself say at some point, while carting boxes out to the garage, and will now quote myself, “how is it possible that people who have gotten rid of so much stuff still have so much stuff?!”

No joke, our living space over the last 4 homes in 12 years looks like a bell curve. We’ve gone from 2,000 sqft to 3,700 to 3,300 and now down to 1,800 square feet. During each move, we’ve parted ways with what seemed like massive amounts of stuff. I’ve always enjoyed that aspect of moving. The cleansing and thinning out of the material barnacles that cling to us as we live life. We could fill a semi trailer with all the stuff we’ve given to Goodwill over the years. Especially on this last move going from 3,300 sqft down to 1,800.

Yet, here I am trying to move stuff out of the way for new floors and I just can’t believe we still have too much. How do people who’ve unloaded so much still have too much? By only getting rid of the easy stuff. Now it’s down to the emotional stuff, and that’s harder. Way harder.

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Posted by Steve
4 years ago

Where is Westlake, or is it West Lake Hills?

Map showing Westlake ISD Austin TX

Where exactly is “Westlake” in Austin? Well, it depends on which boundaries you use. In the broadest sense, “Westlake” is considered to be those areas which attend Westlake High School, or those areas within the Eanes ISD boundaries, as shown on this map.

So, in general terms, the area west of Austin known as “Westlake” is everything that feeds into Eanes ISD schools.

If a buyer tells us they want a home that attends “Westlake Schools”, we will restrict the search in the Austin MLS to homes where School District = Eanes ISD aka “Westlake Schools”.

Many people also think of “Westlake” as the 78746 zipcode. In fact, the entire 78746 zipcode is contained within the boundaries of Eanes ISD, except for a small southern portion that crosses Barton Creek into the Barton Creek Greenbelt and Austin ISD. None of that area is developed though, so¬†all homes in the 78746 zipcode attend Eanes ISD schools.

The 78733 zipcode is also contained within Eanes ISD. This includes neighborhoods such as Barton Creek West and Cuernavaca. But if you ask people there where they live, they are more likely to self-identify with the neighborhood rather than say “Westlake”. See map below.

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Posted by Steve
4 years ago

Austin Real Estate Market Update – October 2011 Stats

Real Estate Market Stats

Below are the Austin housing market stats for October 2011 and year to date.

Austin Sales Market Update – October 2011
Homes only (condos, duplexes, etc. not included) compiled from Austin MLS data

Sep 2011 Oct 2011 Oct 2010 Yr % Change
# Sold 1601 1346 1202 11.98%
Avg List $262,989 $267,793 $278,846 -3.96%
Med List $197,999 $199,900 $206,500 -3.20%
Avg Sold $252,815 $257,957 $264,112 -2.33%
Med Sold $192,000 $192,650 $199,925 -3.64%
Sold/List % 96.13% 96.33% 94.72% 1.70%
Avg SQFT 2226 2228 2276 -2.11%
Med SQFT 2044 1992 2058 -3.21%
Avg $ SQFT $113.57 $115.78 $116.04 -0.23%
Avg DOM 76 78 87 -10.34%
Median DOM 52 55 67 -17.91%
# Expired 478 434 704 -38.35%
# Withdrawn 800 703 976 -27.97%
Not Sold 1278 1137 1680 -32.32%
Not Sold % 44.39% 45.79% 58.29% -21.45%

 

As shown above, average and median sold prices are down 2.3% and 3.6% for Oct 2011 compared to Oct 2010. The number of homes sold increased and the number of failed sales efforts (Withdrawn or Expired) decreased. The sold to list price ratio increased a bit and the Days on Market improved.

Nothing really suprising or new here. The Austin real etstae market is still moving along somewhat, treading water for the most part. See the Year to Date and 44 month graphs below.

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Posted by Steve
4 years ago