Monthly Archives: November 2011

Top 10 Wealthiest Zip Codes in Louisville – #9 Crestwood, KY 40014

Each Friday we’ll be counting down the wealthiest ZIP codes in Louisville, Kentucky. Today, the 9th wealthiest ZIP code in Louisville is just outside Jefferson County to the northeast in Oldham County. 40014 is approximately 57 square miles large and has a number of very nice neighborhoods.

Photo of a home in Crestwood KY
Homes like this one in Summerfield by the Lake highlight what amazing properties live in Crestwood.

Average Household Income: $98,119
Average/Median Home Value: $261,421/$230,956
Number of Homes over $1M: 22
Source: BusinessFirstofLouisville.com

(more…)

Continue ReadingTop 10 Wealthiest Zip Codes in Louisville – #9 Crestwood, KY 40014

Top 3 Real Estate Myths for Louisville Home Sellers

Note: This is the first of a 3-part series on real estate myths. There are many misconceptions when it comes to buying and selling Louisville real estate that I believe we can correct. If you have more specific questions, feel free to contact me.

Photo of a homes front door
Replacing the front door on a home is still considered the best home improvement to get a greater return than the investment.
(more…)

Continue ReadingTop 3 Real Estate Myths for Louisville Home Sellers

Top 10 Wealthiest Zip Codes in Louisville – #10 Floyds Knobs, IN 47119

Each Friday we’ll be counting down the wealthiest ZIP codes in Louisville, Kentucky. Today,
the 10th wealthiest ZIP code in Louisville isn’t actually in Kentucky, it’s in Indiana. 47119 is approximately 41 square miles, just across the bridge, you know… the broken bridge?

Photo of a home in Floyds Knob IN
This Floyds Knobs home has acres of wide open spaces but is still just minutes from downtown Louisville.

Average Household Income: $94,010
Average/Median Home Value: $241,119/$186,330
Number of Homes over $1M: 36
Source: BusinessFirstofLouisville.com

(more…)

Continue ReadingTop 10 Wealthiest Zip Codes in Louisville – #10 Floyds Knobs, IN 47119

Basic Checklist for Buying a Louisville Condo

Here is a very basic checklist that you should use before buying a Louisville condo. This checklist should be put together before looking at any units and making a decision based on emotion instead of logic. By sticking to this checklist you be able to find the perfect condo that you love and meets all of your criteria.

Photo of a high-end kitchen in a condo
Buying a Louisville condo isn’t the same as buying a Louisville single-family home. It’s important to understand the differences.
(more…)

Continue ReadingBasic Checklist for Buying a Louisville Condo

10 Years of Louisville Home Sales Tells Us a Great Deal

The health of any real estate market is measured by steady increases in home values along with activity levels that trend upward along with population growth. The same is true for Louisville real estate. Going back 10 years gives us a more historical viewpoint on where we were and where we are now.

Chart of Jefferson County/Louisville Home Sales
Sales activity was steadily rising in Louisville through 2005. For the past four years home sales have been stagnant.
(more…)

Continue Reading10 Years of Louisville Home Sales Tells Us a Great Deal