How a Real Estate Agent Uses a Comparative Market Analysis to Price Your Home Correctly
This blog highlights how real estate agents use a Comparative Market Analysis (CMA) to expertly price homes by evaluating market trends, comparable properties, and unique features to attract buyers and maximize profits in St. Augustine’s dynamic market.
Top 8 Family-Friendly Activities in St. Augustine, FL
St. Augustine, Florida, is more than a historical gem; it's a family paradise bursting with fun and educational experiences for all ages. This city's unique combination of cultural heritage and family-centric activities makes it a perfect destination for a memorable family vacation or even a place to call home. Let's dive into some of the top family-friendly activities in St. Augustine and explore why this city is a wonderful choice for families. 1. Marineland Dolphin Adventure Marineland Dolphin Adventure, one of Florida’s first marine mammal parks, offers interactive programs with Atlantic bottlenose dolphins and other oceanic wildlife. Visitors can engage in various activities, including swimming with dolphins and learning about marine life, in a facility accredited by several marine conservation organizations. Marineland not only has unforgettable dolphin encounters, but also educates guests about marine conservation and animal welfare. General admission includes access to the Sea to Shore Aquarium, which showcases native and tropical fish species; Ambassador Park, which houses sharks, tortoises, and sea turtles; and Whitney Park, which offers dolphin views from above and under the water. Marineland is located on scenic A1A at the southern end of St. Augustine. 2. Colonial Quarter The Colonial Quarter in the Historic Downtown District provides a captivating journey through four historical periods, showcasing the city's rich heritage. Visitors can immerse themselves in interactive experiences, from exploring a replica 16th-century Spanish ship to climbing a 17th-century watchtower, all while enjoying living history demonstrations and themed exhibits. This two-acre attraction provides a unique blend of education and entertainment, complete with period restaurants and hands-on activities that vividly bring the past to life. 3. St. Augustine Alligator Farm Zoological Park The St. Augustine Alligator Farm, located on Anastasia Island, offers a unique experience as the only place in the world where visitors can see all 24 species of crocodilians. In addition to these reptiles, the park features a diverse range of animals including lemurs, Komodo dragons, toucans, and a sloth exhibit. For adventure seekers, the farm has wildlife shows, live alligator feedings and an aerial adventure course, which includes a thrilling 40-foot controlled free fall known as the “Python Challenge.” 4. Pirate & Treasure Museum Step back in time at the St. Augustine Pirate & Treasure Museum, an immersive 5,000-square-foot experience that brings to life the Golden Age of Piracy in Port Royal, Jamaica. After thriving for five years in Key West, the museum was moved to St. Augustine by Pat Croce, highlighting the city's historical connections to pirates like Sir Francis Drake and Robert Searles. These notorious figures, linked to the city's Spanish fortress, Castillo de San Marcos, played a significant role in the history of piracy and Colonial America. If your family enjoyed this museum, then you should take a short stroll to the St. Augustine Shipwreck Museum afterwards where you can see an exclusive variety of exhibits that uncover some of the world’s most famous and interesting shipwrecks, including the R.M.S. Titanic, the Nuestra Señora de Atocha, the S.S. Central America, the 1715 Spanish Fleet, maritime treasures from China, the Mediterranean, and more. You can also immerse yourself in hands-on activities like the "St. Augustine Treasure Hunt," which offers a fun and adventurous way to explore the history of shipwrecks and their lost treasures. 5. St. Augustine Lighthouse & Museum Discover the enthralling maritime history of Florida's Historic Coast at St. Augustine Lighthouse, where tales of explorers, cultural clashes, and strategic sea routes unfold over 6,000 years. Witness the dramatic founding of St. Augustine amidst fierce battles and the rise of the iconic lighthouse, a beacon of history and navigation. Step into a world where every wave whispers secrets of the past, inviting you to explore more at this historic landmark. Climb the 219 steps to the top of the lighthouse and enjoy 360 degree views of St. Augustine’s incredible landscape. 6. St. Augustine Aquarium The St. Augustine Aquarium, located near I-95 on State Road 16, offers a captivating experience with both indoor and open-air exhibits, including a snorkel adventure in an 80,000-gallon tank full of Florida reef fish. Visitors can engage in interactive activities like touching starfish and feeding sharks at Stingray Cove, and learn about marine conservation through various educational programs. The aquarium has other unique experiences such as snorkeling adventures, nature trails, and educational mazes. 7. Fiesta Falls Mini Golf Fiesta Falls Mini Golf is a unique 18-hole beachside course complete with eight waterfalls and a 65-foot ship, providing an engaging and scenic golfing experience. Perched atop the course, a gazebo offers stunning views of the Atlantic Ocean. The course, open seven days a week, caters to all ages with varying ticket prices and features night games on a lighted course, along with private areas for special occasions. 8. Florida Water Tours Florida Water Tours offers a range of exciting boating excursions, including dolphin tours, sunset cruises, and private charters for special events. Located at Camachee Cove Yacht Harbor near the Vilano Bridge, they have a lot of family-friendly options with free parking. Their tours, such as the Dolphin and Wildlife Adventure, showcase the natural and historic beauty of St. Augustine's waterways, making them a must-visit for both locals and tourists. Why St. Augustine is Perfect For Families 1. A Welcoming Family Environment St. Augustine isn't just a city; it's a community that embraces families with open arms. Here, every street corner, park, and beach seems designed with family fun in mind. Whether you're looking for a vacation spot or considering a more permanent move, St. Augustine's family-centric atmosphere will make you feel right at home. 2. A Journey Through History and Culture Imagine a city where every cobblestone tells a story. St. Augustine, rich in history and cultural heritage, is a living museum that fascinates people of all ages. Explore ancient forts, wander through charming old streets, and discover tales of pirates and explorers that will captivate the entire family. St. Augustine is where history comes alive, igniting curiosity and wonder in children and adults alike. 3. The Schools The public school system in St. Johns County is ranked #1 in the entire state of Florida and within the top 100 in the country. This is truly a county dedicated to creating and securing a productive and fulfilling future for every generation. We take public education seriously, putting children first and allowing them to learn in a way that makes sense. St. Johns County schools offer nationally recognized extra-curricular activities, advanced placement options, and connections to popular universities around the country. If you choose to make St. Augustine your home, you can rest assured that your children will receive the highest quality education a public school system can offer. 4. The Great Outdoors Imagine a place where natural beauty meets adventure. St. Augustine's stunning beaches, lush state parks, scenic trails and vast waterways offer endless outdoor activities. Whether it's a family beach day, a wildlife exploration, a paddle along Moses Creek or a stroll through botanical gardens, there's something here for everyone to enjoy the great outdoors year round. In conclusion, St. Augustine is not just a hub of adventure and history, but also a prime spot for family life. Whether you're considering a vacation or thinking about making this charming city your forever home, the endless opportunities for fun, education, and adventure make St. Augustine an ideal choice. As a managing broker at Endless Summer Realty, I am here to help you find the perfect property that suits your family's needs. Feel free to reach out to me for any real estate inquiries or guidance. We look forward to welcoming you to our wonderful community, where history, culture, and family happiness converge.
Understanding Today's Renters: Insights from Zillow's 2023 Survey
The rental market continues to evolve and staying informed is crucial for real estate investors, especially as the new year approaches. Zillow's 2023 Consumer Housing Trends Report offers valuable insights into the current state of the rental market on a national scale. Here's what you need to know. An Update on Renter Demographics The typical U.S. renter is changing. While renters have traditionally been younger, the average age is now 39, which is older than the average first-time homebuyer, who is 35 years old, according to the National Association of Realtors. This shift is in line with the challenges of homeownership affordability (mostly due to rising interest rates) and limited housing inventory. Regional differences are significant. For instance, renters comprise 39% of household decision-makers in the Northeast, compared to 24% in the Midwest. This variation is largely due to differences in income levels and housing costs across regions. Financial Realities Renters' income levels are an important factor. Nearly half of renter households earn under $50,000 annually, highlighting a strong link between income and renting. This is further influenced by regional economic disparities. Current Rental Costs The median rent for a one-bedroom apartment in the U.S. is approximately $1,253 per month, but this varies widely by region. Coastal areas tend to be more expensive, while the South offers more affordability, except for the Sun Belt cities that were part of the pandemic-era migration where rent remains high. Renters' Satisfaction and Preferences A significant portion of renters (67%) feel their homes need updates, with 18% saying a major renovation was necessary. This dissatisfaction is often due to the age and condition of available rental properties. Most rentals in the U.S. are apartments in small buildings, single-family homes, or condos, which tend to be older properties that need more repairs. However, renters living in large multifamily buildings feel their homes are in the best condition. For example, 45% of these renters said their apartment was “like new,” while only 27% rated their single-family home the same way. Despite the preference for updated homes, most renters still gravitate towards apartments in smaller buildings. Of the renters who preferred a rental property in an apartment building, 42% wanted a building with fewer than 10 units and 36% would like a medium-sized building of 10 to 49 units. This preference is a key consideration for investors when deciding on what type of investment property to purchase. Moving Plans and Homeownership Aspirations A large majority of renters (72%) plan to move within the next three years, often with the goal of homeownership. This trend is particularly strong among millennials, who currently face the challenge of affordability. Use of Digital Tools in the Rental Market Despite the increasing use of digital tools in the rental sector, they have not replaced in-person tours. 74% of renters do one to four in-person tours, and only 8% do more than that. However, the willingness to sign a lease without seeing a home in person has decreased from 21% in 2018 to 19% now. A majority still sign their leases on paper, although the same percentage prefers to do it online. Digital lease signing demand is growing slowly and is not yet essential. In contrast, digital rent payments are on the rise, with 60% of renters paying online, and 69% preferring to do so, likely due to the inconvenience of checks or cash payments. Post-Pandemic Preferences The pandemic has left a lasting impact on renter preferences. There's still an increased desire for walkable neighborhoods (61%), community feel (42%), and access to leisure activities (56%). These shifts align with broader post-pandemic migration patterns, which have seen a move away from the largest cities towards smaller but vibrant metro areas. Renters today are seeking more than just a place to live; they desire a fun and friendly community to call home. This evolving preference landscape should be considered by real estate investors when selecting the location of their next investment property. Key Takeaways for Investors In the Zillow report, a significant insight for real estate investors is that despite financial challenges, renters are aware of their options. They prefer renting well-maintained homes in desirable neighborhoods with a strong sense of community. Affordability remains a primary concern. Investors who can meet these preferences – offering affordability for the area, well-maintained properties, and locations in good neighborhoods – will benefit from lower tenant turnover, higher rental income, and reduced vacancy rates. Additionally, it's crucial for investors to understand the specific dynamics of their regional market. With one in three U.S. adults being renters, this segment is expected to grow. To make informed investment decisions, investors should identify their typical renters' characteristics. This includes determining their age, housing preferences (i.e., detached homes or apartments), and income ranges. By gaining insight into these key factors, investors can make more strategic and profitable investment choices. If you are interested in learning about the rental market in St. Augustine, Florida, then give me a call. As a seasoned real estate professional and owner of several rental properties in the area, I can provide the expert localized advice you’re looking for. Your success in real estate is my priority.
St. Augustine, FL: The Chosen Gem for the 2024 HGTV Dream Home
St. Augustine, Florida – a city steeped in history and adorned with natural beauty – has been selected as the location for the 2024 HGTV Dream Home! This marks a significant milestone for our beloved city, known for its picturesque coastline and rich cultural heritage. St. Augustine is the perfect choice for this renowned project and I’m excited to share some of the incredible features of the property that one lucky winner will soon call home. What is the HGTV Dream Home? The HGTV Dream Home is the American cable network Home & Garden Television’s annual project house and sweepstakes, held since 1997. Each year, HGTV builds an incredible “dream home” to give away in a nation-wide online sweepstakes. The sweepstakes for the 2024 HGTV Dream Home begins on December 22, 2023, at 9:00am ET, and ends on February 15, 2024, at 5:00pm ET. The winner will also receive a 2024 Mercedes Benz E-Class Sedan as part of the prize package! A Blend of History and Modern Luxury St. Augustine, the Nation's oldest city, is a tapestry of colonial Spanish architecture, pristine beaches, and vibrant communities. HGTV’s decision to choose St. Augustine for its 28th dream home aligns perfectly with the city's reputation for combining historical charm with modern coastal living. A Dream Location: Pelican Reef The 2024 HGTV Dream Home is located on Anastasia Island in Pelican Reef, which is a gated waterfront neighborhood where residents enjoy a peaceful and serene lifestyle. The community is small and tight-knit, with friendly neighbors who often gather for social events. It is situated on the eastern side of the Intracoastal Waterway, offering residents stunning views of the Matanzas River and easy access to boating, fishing and other water activities via the community dock and marina.The neighborhood is known for its luxurious waterfront properties, with many homes featuring private docks and boat lifts. Pelican Reef is conveniently located near a variety of amenities and attractions. St. Augustine’s beautiful beaches and the historic downtown district are just a short drive away. The neighborhood is also located near several parks and nature preserves, providing ample opportunities for outdoor recreation. The St. Augustine Amphitheater, where incredible artists like John Legend have performed, is just 1 mile away. The Home of Your Dreams The 2024 HGTV Dream Home reflects St. Augustine's coastal elegance and is packed with high-end design. Features include: Spacious Living: 3,300 sq. ft. with three bedrooms and four bathrooms. Timeless Elegance: A mix of blue, white, and gray hues combined with natural wood tones and industrial metal accents are used throughout the property to create a soothing coastal feel that will never go out of style. Interior Designer, Brian Patrick Flynn, took “inspiration from beach houses all over the world to give this house a one-of-a-kind, laid back Floridian look.” Flynn “wanted to make the home feel like its own breezy paradise with calming colors and an ample amount of natural light that the winner would dream about coming home to.” Relaxed Waterfront Living: Coastal living is easy and inviting with a private marsh oasis that offers incredible western waterfront views. The large doors that open from the indoor space to the adjacent screened-in covered porch provides seamless transitional living that embraces every season. Sustainable & Durable Design: The designer emphasized the importance of eco-friendly construction and energy-efficient systems throughout. A mix of stones and a custom-built rock were used on the exterior to withstand the ebb and flow of tides, and seaside storms. Dreamy Outdoor Living Spaces: Set against the marshes and estuaries of the Intracoastal Waterway, the backyard offers unobstructed views of the surrounding natural beauty that makes St. Augustine so special. The expansive outdoor areas were built for entertaining featuring a private pool, full-service outdoor kitchen & bar, covered gathering space, and a screened-in outdoor patio. A built-in bar fireplace adds ambiance and warmth, making it a favorite place to relax and enjoy the sunset even on cool, breezy evenings. Local Artistry: Work from local artisans were incorporated to reflect the city's artistic community. Impact on the Local Real Estate Market The selection of St. Augustine for the HGTV Dream Home is more than just a nod to the city's beauty; it's a testament to the robustness of our local real estate market. This project is likely to spark increased interest in St. Augustine properties, highlighting the area as a desirable location for both primary residences and vacation homes. Community and Economic Benefits The HGTV Dream Home project brings with it a flurry of economic activity. Local contractors, designers, and artisans played a pivotal role in bringing this dream to life, showcasing the talent we have right here in St. Augustine. Additionally, the national exposure from HGTV will shine a spotlight on our local businesses and tourism, providing a welcomed boost to the economy. Embracing the Spotlight As St. Augustine welcomes the HGTV Dream Home, we as residents and professionals in the real estate sector should embrace this opportunity. It's a chance to showcase our community's warmth, diversity, and the unique lifestyle that St. Augustine offers. Conclusion The selection of St. Augustine for the 2024 HGTV Dream Home is a proud moment for our city. It reaffirms what we, as locals, have always known: St. Augustine is not just a place to live; it's a lifestyle that most people dream of. For those interested in learning more about the real estate opportunities in St. Augustine, or for a chance to call this historic coastal city home, feel free to reach out.
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