Weighing The Benefits and Risks Of Prefabricated Homes

Prefabricated or prefab homes are gaining interest among some segments of the population. Made in a factory and assembled on site, these homes are far more stylish and accessible than most people expect. Of course, there are benefits and risks associated with prefab homes. Here are a few points to consider:

Cost
While prefab materials will likely cost less than a traditionally built house, the costs associated with the property could prove more expensive in some cases. Plumbing, excavation, foundation work, and electrical costs add up quickly. To save your hard-earned dollars, talk to your agent about property that already has some of these checked off the list.

Sustainability
Prefabricated homes are often considered more environmentally friendly than traditionally built homes. The construction process produces far less waste than a typical build and prefab homes are known to be more energy-efficient.

Availability
The costs and risks associated with purchasing and building a new prefabricated home may be dodged by purchasing one that has previously been owned. Ask your real estate agent for help locating resale prefab homes that can deliver on the cost and efficiency perks without the hassle of purchasing from the factory.

Style
As prefab homes become more popular, they are also becoming more fashionable. Interior spaces are designed intelligently and are typically less architecturally complex. Many have a sleek, modern feel and, as a bonus, are very sustainable and low-maintenance.

Quality
Many traditionally built homes contain materials which have been exposed to the elements. This means precipitation, temperature changes and humidity can all impact the quality of the materials. Because prefab housing materials are factory-made, they are protected until they are ready to assemble. On the flip side, many prospective home buyers view prefab homes to be of inferior quality, which can affect future resale potential.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2018 honoring the top 7% of real estate professionals in Oregon.

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website

Licensed in the State of Oregon and Washington

Lets get cooking!

Whether you’re buying or selling, I’m always ready to get cooking.

Five Star award recipient 2011-2017 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Diversity Specialist, HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors

Direct 503.380.9634, Email- homesforyou@frontier.com

View ALL available homes at my website!

Licensed in the State of Oregon

***I’M NEVER TOO BUSY FOR YOU AND YOUR REFERRALS***

2017 HOUSING MARKET FORECAST

2017 Real Estate forecasts are rolling in and we are on the top 10 short list for the top 10 hottest markets (keep reading for more info)!  According to realtor.com®‘s latest forecast,  the 2017 National housing market will be a year of slowing, yet moderate growth, slight increase in interest rates and two demographics to dominate the market:  Baby boomers and Millennials.

There are five key trends (NATIONALLY) we expect in 2017:

1. Millennials and boomers will dominate the market

2. Midwestern cities will continue to be hotbeds for millennials

3. Slowing price appreciation

4. Fewer homes on the market and fast moving markets

5. Western cities will continue to lead the nation in prices and sales– THIS IS US PEOPLE! See photo above.

What does this mean for us in the Portland-Metro areas?  It means we are expected to have another good year in 2017. It means appreciation (how much your home value increases-what you can sell it for) will still increase, but at a little slower pace. It means our market is looking so good we made it to the top 10 list Nationally. This means 2017 is your year to make that move you have been waiting for! If you lived through the “crash” and have been waiting for the time to sell, buy or invest, or if your ready to buy your first home, down size or “move up,” then 2017 is going to be YOUR year! Call, email, Text or Message me! I can show you all of your options to enable you to make a smart, successful, and financially sound investment in Real Estate! I have years of experience helping many people win in our real estate market. Are you ready?

Five Star award recipient 2011-2017 honoring the top 7% of real estate professionals in Oregon. 

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE

Diversity Specialist, HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors

Direct 503.380.9634, Email-    homesforyou@frontier.com

View ALL available Houses on the market on my website

Licensed in the State of Oregon

***I’M NEVER TOO BUSY FOR YOU AND YOUR REFERRALS***

LATEST MARKET REPORT NUMBERS & STATS 11-11-2016!

October brought seasonal and expected cooling to the Portland-Metro real estate market. We are still currently in the midst of  a solid Seller’s market. The real estate market is still very robust and active despite the slowing of the market. We are currently sitting at 2 months of inventory on the market. That means it would take 2 months to sell all of the real estate on the market. This is expected to rise a bit in the coming months.

The average and median sales prices continue to rise in the Portland-Metro area. comparing 2016 to 2016 through October 2016, the average sales price rose 11.5% from $353,400 to $393,900. In the same comparison the median sales price rose a whopping 13.1%, from $305,000 to $345,000. These are big numbers people!

The average market time has increased by a modest 6 days. Making the average market time 41 days. The interest rates are still  very low and that counter acts the rising prices, making purchasing a home affordable and smart investment. In most cases the mortgage payment is less than rent would be.

If you have been sitting on the fence about selling, this is a good time to make that move! 2017 is estimated to be another good year in real estate , but just not as high appreciation. Slow, steady growth is what to expect. If you would like to talk about all of your options for selling your home, buying a new one or purchasing an investment property please don’t hesitate to call, email, or text.

 

Five Star award recipient 2011, 2012, 2013, 2014, 2015, 2016 & 2017 honoring the top 7% of real estate professionals in Oregon. 

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE

Diversity Specialist, HOWNW, CSA-Certified Staging Agent

Oregon First, Realtors- Direct 503.380.9634

Licensed in Oregon

Email-    homesforyou@frontier.com

View ALL available Houses on the market @ my website

 

What’s going on in the world of real estate?

The annual “cool down” after the hot summer selling season has started. There is typically a “cool down” right after an election also. If you’ve been waiting for the right time to make that move or sell the house-The time is now! Interest rates are still super low and we are still seeing record numbers in appreciation. Call, email, or text me today for information tailored to you and your unique situation. I can help!

Five Star award recipient 2011, 2012, 2013, 2014, 2015 & 2016 honoring the top 7% of real estate professionals in Oregon. 

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE

Diversity Specialist, HOWNW, CSA-Certified Staging Agent

Oregon First, Realtors, Direct 503.380.9634

Email-    homesforyou@frontier.com

View ALL available Houses on the market on my website

Licensed in Oregon

NEW LISTING IN NW PORTLAND ON .35 ACRE LOT

AMAZING LOCATION! You are in for a treat! One owner home for almost 50 years! Kept in immaculate condition! This beautiful home sits on .35 acre lot with 4 bedrooms. 2 1/2 bathrooms, oversized 2 car garage,  mature landscaping, stunning water feature, calming walking paths and patio area perfect for a fire pit, garden area (or grass it if you like), open floor plan with absolutely ENORMOUS master with sitting area, walk in closet, jetted tub, walk in shower, double sinks& skylights. Just a few of the features of this fabulous home are: central vacuuming system, soothing central air conditioning, sprinkler system, fenced yard, large tool shed, 12 X 8 shop area, skylights, built in surround system and entertainment center (perfect for movie night!), and 35 X 12 covered and gated RV parking. Bonny Slope, Cedar Park and Sunset Schools. RMLS# 16190113, asking $479,000 For more information go to my website

Five Star award recipient 2011, 2012, 2013, 2014, 2015 & 2016 honoring the top 7% of real estate professionals in Oregon. 

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE

Diversity Specialist, HOWNW, CSA-Certified Staging Agent

Oregon First, Direct 503.380.9634, Email-    homesforyou@frontier.com

View ALL available Houses on the market @ my Web Site

OPPORTUNITY OF A LIFETIME!

Are you ready for this? This Big 3740 SF home has it all! A dead on view of Mt. St Helens and surrounding foothills, 4 bedrooms, 3 bathrooms, Spacious kitchen with eating area-eating area with wainscoting, 2 car attached garage with pull down storage, Open & bright floor plan, WONDERFUL pool with slide, Custom Hot Tub, Water feature and pond with Koi, fully gated yard with RV parking, hardwoods, 2 bonus rooms, A/C, central vacuum system, sprinkler system, Bomb shelter, (yes, you read that right!), 4th bedroom with 2 closets-1 is HUGE walk in closet. Master bedroom has bath and double closets. Just needs updating to make this a discerning estate. RMLS #16099780, $399,999. Call, Email, or Text Rachel for more information or go to my website.

On market 7-1-2016

Five Star award recipient 2011, 2012, 2013, 2014, 2015 & 2016 honoring the top 7% of real estate professionals in Oregon. 

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES

MASTERS CIRCLE, Diversity Specialist, HOWNW, CSA-Certified Staging Agent

Oregon First, Realtors, Direct 503.380.9634

homesforyou@frontier.com

NEW LISTING IN GRESHAM! $229,999

Sparkling clean and move in ready! This home is perfect for the first time buyer or someone looking to “downsize.” HUGE RV parking sure to fit even the biggest toys. 3 full bedrooms, 1 bright & clean bathroom, absolutely GORGEOUS laminate flooring, central air, gas heat & H20. Large corner lot with an enormous back yard with AWESOME fire pit-perfect for all your summer parties. close to Mt. Hood Community college. shopping, transit and schools.  This beauty wont last long. Call, Email, or Text Rachel for more information or go to my web site  for additional info/photos. RMLS#16381538

 

JR. ACRE IN DAMASCUS~ 1 LEVEL HOME! $369,999

This immaculately kept home is situated in one of Damascus’ finest neighborhoods and sits on a flat, usable .80 acre lot, features a 36 X 36 Pole Barn with a concrete floor and 12 ft. door to fit even the biggest toys! The sparkling clean home has been lovingly cared for by the same owners for the past 39 years and the pride of ownership is obvious! This gorgeous home is tastefully updated throughout, neutral colors, and has 3 spacious bedroom (Master with half bathroom), 1 1/2 updated bathrooms, 2 car attached garage, 14 X 10 Family room, Water line replaced to street about 3 years ago, new septic tank (2 years ago), brand new gas furnace (6 months ago), absolutely beautiful 24 X 12 covered deck with custom built in sitting benches. room for all your toys, family and friends! RMLS#16207186

For more information call, email, or text Rachel

Five Star award recipient 2011, 2012, 2013, 2014, 2015 & 2016 honoring the top 7% of real estate professionals in Oregon. 

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES

MASTERS CIRCLE, Diversity Specialist, HOWNW, CSA-Certified Staging Agent

Oregon First, Realtors- Direct 503.380.9634, Email-    homesforyou@frontier.com

To view this and ALL available Houses on the market, go to my website.

 

CLIENT TESTIMONIAL-THANK YOU AUSTIN & DANI

Thank you Austin & Dani for a great testimonial you uploaded on Zillow. Mensa a lot. You guys are UH-Mazing too! We make a good team!

“Rachel is UH-mazing!! She’s so personable and dedicated to her clients. She doesn’t waste time and WILL get you the home of your adorable dreams! We used another retailer for 7 months before finding Rachel, losing out on 7 different offers. We put in one offer with Rachel and she made sure we got it! She also got my best friend a house on the first try too!” – Austin and Dani Manning”