#1 Real Estate Blog in Louisville Kentucky

Louisville Brings a Lot to the Table with Healthy Business Climate

Photo of home in affordable Louisville
Affordable housing plays a strong role in how companies view a city’s attractiveness. | Photo: Tre Pryor

Moving a company headquarters or manufacturing plant is a major decision.

Executives weigh the pros and cons across a myriad of factors before arriving at the best choice. State tax codes, amount of skilled/non-skilled labor, proximity to strategic partners, and geographic location — each play a strong role.

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At the Build, Renovate & Landscape Expo You Never Know What You’ll Find

We like to keep you up-to-date with the different home shows that come to town. It’s interesting because most of the time you’ll find 70% of the businesses involved actually belong in the show because their products or services match the show’s title. The other 30% are up for grabs!

Photo of parents speaking with exhibitor while children play with their balloon animals
Many booths will make an effort to entertain the visitor’s children. These balloons came courtesy of Hawkeye Security.
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Top 3 Real Estate Myths About Louisville Real Estate Agents

Note: This is the second of a 3-part series on real estate myths. There are many misconceptions when it comes to working with Louisville real estate agents that are valuable to understand. If you have more specific questions, feel free to contact me.

Photo of hard working Realtor with a client
If you think all real estate agents are wealthy, think again. In 2010, the estimated average income for all real estate agents was $27,364.
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Louisville Home Values Changes for 2011, Winners and Losers

Updated: 2/3/2012. Thanks to Chris Cox who found a calculation error.

Many held high hopes for an improving real estate market heading into 2011. Well, maybe that’s an exaggeration but there were some signs that the housing recession was lessening and perhaps we would all see improvement in 2011. In most locations, that didn’t occur. But it did in some!

Map of Louisville with real estate price changes for 2011
This map gives us a better picture of how the real estate market was behaving by area. Outlying areas performed well in 2011 while much of the county was down.
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Top 10 Wealthiest Zip Codes in Louisville – #1 Glenview, KY 40025

Today is our final Friday covering the wealthiest ZIP codes in Louisville, Kentucky. Drumroll please *ratta tat tat* The #1 wealthiest ZIP code in Louisville is 40025! With only about 130 addresses in this area, it’s a very exclusive and affluent part of Louisville.

Photo of a home in Glenview, KY 40025
Many of Louisville’s most stately mansions are located in Glenview.

Average Household Income: $186,271
Average/Median Home Value: $571,386/$400,000
Number of Homes over $1M: 15
Source: BusinessFirstofLouisville.com

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Buying A Condo In Louisville – Digging Deep Before Setting Pen To Paper

If you’re thinking about buying a condo in Louisville you should take some steps to dig deep and find out more about the unit and the association. On the surface, everything can look fine, even when there is trouble brewing below. Here are some things you can do to really find out what’s happening in the condo community you are interested in.

Photo of a young couple in front of a condo
Purchasing a Louisville condo is similar to purchasing a new home but with a few important differences. Make sure your trusted advisor in real estate understands them.
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Some Popular Louisville Housing Options

Some popular areas to move to in Louisville are those that have been renovated to make them more attractive to people who are looking for a place to live. A few of these are the new, hip East Market District and the traditionally classic Old Louisville.

Photo of two cute homes in Clifton Louisville KY
These duplex properties in Clifton gave the owner the opportunity to live on one side and rent out the other.
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Top 10 Wealthiest Zip Codes in Louisville – #2 Prospect, KY 40059

Each Friday we’ll be counting down the wealthiest ZIP codes in Louisville, Kentucky. Today, the 2nd wealthiest ZIP code in Louisville is 40059, also known as Prospect. Located in the Northeast portion of Louisville, spanning both Jefferson and Oldham County.

Photo of a home in Prospect, KY 40059
Looking for your Louisville mansion? There are plenty to choose from in 40059, such as this incredible estate home.

Average Household Income: $170,842
Average/Median Home Value: $448,326/$373,141
Number of Homes over $1M: 286
Source: BusinessFirstofLouisville.com

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Top 10 Wealthiest Zip Codes in Louisville – #3 Finchville, KY 40022

Each Friday we’ll be counting down the wealthiest ZIP codes in Louisville, Kentucky. Today, the 3rd wealthiest ZIP code is 40022 and is primarily made up of Finchville, KY. This area is the very definition of rural with almost no typical neighborhoods. But instead, wide-open spaces and lots of scenic nature.

Photo of a home in Finchville, KY 40022
Very large lots are the norm with plenty of privacy in 40022.

Average Household Income: $141,588
Average/Median Home Value: $405,123/$287,500
Number of Homes over $1M: 25
Source: BusinessFirstofLouisville.com

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