SEPTEMBER 30, 2020 • Volume 15 • Issue 40
RE WEEKLY RESIDENTIAL • ACREAGE • FARM • COMMERCIAL • AREA DEVELOPMENT 515-233-3299 • 317 5th Street, Ames • All REALTOR® ads within are REALTORS® licensed in the State of Iowa
TOWNHOME LIVING
OPEN SUN. 10:00 - 12:00 PM
OPEN SUN. 1:30 - 3:00 PM
1280 NE 8th Ln., Ankeny 2 Bed, 3 Bath
4103 Aldrin Ave., Ames 3 Bed, 3 Bath
DETAILS AT
JIMHORSTMANREALESTATE.COM
JIM HORSTMAN, REALTOR 515-720-7859
O n l i n e a t w w w. A m e s Tr i b . c o m / r e a l e s t a t e w e e k l y
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RE WEEKLY
Then contact a Realtor® today, because you are missing out on over 37,000+ potential buyers seeing your property for sale.
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Page RE2 • REAL ESTATE WEEKLY • Wednesday, September 30, 2020
You’re sure to dig the message in this Peace, Love+ Plants hook pillow by Justina Blakeney, which is as cute as it is colorful. $50 at jungalow.com. [USA TODAY NETWORK PHOTOS]
Whether you use it for displaying a few cuttings or sipping coffee, this Plant Addict ceramic mug is fun and functional. $17 at jeanettagonzales.com.
Green scene Perfect picks for plant lovers
This BloomingTables console table lets you grow herbs, microgreens, succulents and more beneath your tabletop. $249 at bloomingtables.com.
Love plants, but not the work that goes into keeping them alive? Stick to textiles, like this Bloomr small orchid marbled planter decoration. $69-$149 at nordstrom.com.
USA Today Network
Liven up every room in your house — even if it gets very low light — with decor and details that show off your dedication to living the plant life.
Branch out from the traditional still life plant portraits with this Summer Fern Simple Modern Watercolor Art Print by moderntropical. Starting at $23.99 at society6.com.
Add a natural vibe to any room with this Psychosucculent 02 print featuring a colorful, abstracted cactus in line form. Starting at $35 at abstractpursuits.com.
A gleaming gold, flexible stand holds nine test tubes just waiting to be filled with cuttings from your favorite plants in this Creative Co-op Stand. $82.99 at amazon.com.
Keep your indoor plants happy and add style to your wall with this Growlight frame shelf by Sarah Burrows and Nick Behr. $139-$189 at uncommongoods. com.
REAL ESTATE WEEKLY • Wednesday, September 30, 2020 • Page RE3
Page RE4 • REAL ESTATE WEEKLY • Wednesday, September 30, 2020
REAL ESTATE WEEKLY • Wednesday, September 30, 2020 • Page RE5 TOWNHOME TOWNHOME
TOWNHOME
STORY CITY
TOWNHOME OPEN SAT., 10/3 10:00-11:30 AM
611 ASH AVENUE
4016 FLETCHER BOULEVARD
Charming 2-story w/ 4 BR, 1.5 BA.
Cozy & inviting 2 BR, 3 BA townhome.
Kate Orngard 520-0890
Sarah Friedrich 509-8475
$266,900
Luke Jensen 290-3487
A MUST SEE 2 BR, 2 BA, 1365 finished sq ft townhome.
$262,500
SO
SO
1113 CHEYENNE DRIVE
621 LAFAYETTE AVENUE
3 BR, 2.5 BA new construction home
3 BR, 2.5 new construction home.
Stunning 2 story home.
$238,700
$239,000
1225 HARDING AVENUE
3 BR, 2 BA ranch w/ so many updates. This won’t last long!
$208,000
4 BR, 1.5 BA home.
$194,000
Megan Rasmussen 822-4899 Norsemen Realty Team
OGDEN
305 N. PEARL STREET
109 14TH STREET
308 SW 4TH STREET
3 BR, 1 ¾ BA
3 BR, 1 BA w/ large fenced in backyard
Very well maintained 3 BR, 1.5 BA.
$99,000
Debby Johnson 291-5070
Go to our website
$89,900
Linda Keenan 230-6175
STORY CITY
SO
605 CATHERINE STREET Great duplex, DBL garage, sunroom, full basement
$87,500
Deb Stolee 689-2407 Norsemen Realty Team
STORY CITY
SO
1919 7TH STREET
4 BR, 2 BA
3 BR, 2 BA, large 2 car garage
Linda Keenan 230-5322
Linda Sornsen 451-1059
$134,900
446-2888
RADCLIFFE
OGDEN
LD
LD
401 W ELM STREET
$142,500
$145,000
SO
$185,000
Tyler Frederiksen 231-9430 Norsemen Realty Team
PENDING
Relax & enjoy easy living in this 3 BR townhome
Tyler Frederiksen 231-9430 Norsemen Realty Team
LD
1 ½ story home w/ 4 BR, 3 BA & extra cool huge garage. It’s a must see!
$190,000
1222 TRUMAN PLACE
418 PENNSYLVANIA AVENUE
3 BR, large lot, alley access & so well maintained. Will not last long!
Linda Sornsen 451-1059
914 WASHINGTON STREET
Sandy Perisho 291-2467
PENDING
STORY CITY
ELLSWORTH
$162,500
108 E MAIN STREET 4000 sf Investment Opportunity, 2 Business spaces & 2 Residential spaces
TOWNHOME
PENDING
Jeff Eagan 290-7963
BOONE
Updated 4 BR, 2 BA ranch in the heart of town.
Tyler Frederiksen 231-9430 Norsemen Realty Team
Charming 3 BR, 2 BA, 2-story home
$166,000
SO
710 PENNSYLVANIA AVENUE
$194,900
1621 DEWITT STREET
2435 ASPEN DRIVE #201 Grey cabinets, granite countertops, new fixtures & paint, washer/dryer.
LD
ZEARING
STORY CITY
Come see this great 3 BR, 2 BA home with many update!
PENDING
PENDING
Tyler Frederiksen 231-9430 Norsemen Realty Team
Alicia Panyard 957-1070
PENDING
314 S COTTONWOOD STREET
Patty Meese 441-1243
Megan Rasmussen 822-4899 Norsemen Realty Team
4 BR, 2.5 BA home
$215,000
Jason Jennings 232-6175
PENDING
ROLAND
STORY CITY 125 PARK AVENUE
5101 TODD DRIVE
$230,000
$238,700
Alicia Panyard 957-1070
Jeff Eagan 290-7963
$210,000
$247,800
Jeff Eagan 291-7963
LD
1111 CHEYENNE DRIVE
OPEN SUN., 10/4 11:30-12:30 PM
Sandy Perisho 291-2467
NEVADA
NEVADA
LD
Very nice 3 BR, 3 BA walkout in North Ames
Megan Rasmussen 822-4899 Norsemen Realty Team
Nice 4 BR, 3 BA home in North Ames close to shopping & schools
Karlai Thornburg 290-7264
4228 EISENHOWER COURT
$247,000
PENDING
$254,900
2211 NORTHWESTERN AVENUE
PENDING
ANKENY 314 NW 9TH STREET Large 3 BR, 3 BA home w/ over 2,000 finished sq ft.
1510 LITTLE BLUESTEM COURT
Exceptional Ranch style townhome, treed backyard Must see!
Luke Jensen 290-3487
TOWNHOME PENDING
PENDING
$128,000
905 HENRYSON STREET
$262,900
NEVADA
$279,900
LD
SO
$129,900
STORY CITY
3 BR, 2.5 BA impressive 2-story home.
STORY CITY
5316 THACKERAY DRIVE
LD
SO
522 STORY STREET #306
709 BROAD STREET 5
$70,000
Tyler Frederiksen 231-9430 Norsemen Realty Team
2 BR, 2 BA condo in downtown Story City. Convenient living at its best! Megan Rasmussen 822-4899 Norsemen Realty Team
Move in ready 2 BR, 1 BA condo.
FriedrichRealty.com to view all Ames area listings!
$67,000
Page RE6 • REAL ESTATE WEEKLY • Wednesday, September 30, 2020
DEAR MONTY Is it advisable to buy a new home right now?
R
eader question: minimize this shortage We are thinkby pointing to rising ing of buying a home values as positive. home. We have saved a They want to keep the substantial down paymarket going. You can ment by living frugally RICHARD MONTGOMERY see this in the media for 15 years. We both reports as well as in have good jobs. The the field when lookthought of taking on a mortgage is a ing at homes. More often than not, bit frightening to us. It feels like there the potential of a “bubble” does not is much uncertainty with the economy, find its way into the conversation. COVID and more. Do you think this • Take your time. Do not be influis an excellent time to buy a home? enced by everything you read or by statements such as “We are expecting several offers on this home, so Monty’s answer: Buying a home is you must act now if you want it.” likely an appropriate step as you work • Learn to evaluate. Get the toward financial independence. Continuactual market activity in the ing to utilize your strategies during the neighborhoods you seek. home buying process will likely reduce Also, work to understand how to the chances for anything but a posievaluate a home, so you do not depend tive outcome, even during COVID. on a real estate agent’s opinion alone. • Fear of loss. Be calm and act Points to consider when buying with the confidence you have during COVID-19 gained following these tips. • The Federal Reserve Board artifiSuppose you lose a home on which cially influences interest rates. Real you have established an accurate estate consumers are scrambling to get range of value to another buyer who these low-interest rates. Many conis unaware of the current situation. sumers focus on the monthly payment In that case, you are likely to rather than the price because they can fi nd a similar home that fits your borrow more money and buy a larger needs at a reasonable price. home. These rising prices may create a • The most susceptible. Firsthousing bubble. When rates get back time home buyers and high-income to normal and the bubble bursts, many over-achievers are the most of these loans could be underwater. likely to buy on the “bubble.” • Shortage of inventory. Many Overpaying happens when they of today’s potential home sellhave not been educated or educated ers are reluctant to enter their by sources with a conflict of interest. homes into the marketplace. They fear the transmission of the Richard Montgomery is the author of novel coronavirus could ultimately infect “House Money - An Insider’s Secrets them. The shortage of that inventory to Saving Thousands When You Buy or combined with artificially low-interest Sell a Home.” He advocates industry rates translates to higher home prices. reform and offers readers unbiased real • Caution with real estate hype estate advice. Follow him on Twitter at and media articles. Many real estate @dearmonty, or at DearMonty.com industry executives and sales agents parlay the shortage to create urgency for homebuyers to act quickly. They
REAL ESTATE WEEKLY • Wednesday, September 30, 2020 • Page RE7
Page RE8 • REAL ESTATE WEEKLY • Wednesday, September 30, 2020
Realtors, do you want to reach a wider group of potential buyers? Advertise in the RE Weekly. In print and online.
Call Ali Eernisse 515-663-6956
RE WEEKLY