Treasure Coast Real Estate Blog

Jan. 19, 2020

Ready to Sell Your Home?

4 Things to Avoid When Putting Your Home on the Market

Real Estate Tips and TopicsSo you've decided to put your home on the market. Congratulations! As you start checking things off your to-do list, it's also important to know what not to do. Here are a handful of things to avoid.

Don't over-improve. Updating the appliances or replacing that cracked cabinet in the bathroom are all great ideas. However, it's important not to over-improve or make improvements that are hyper-specific to your tastes. Make any needed fixes to your space, but don't go above and beyond—you may lose money doing so.

Don't over-decorate. Over-decorating is just as bad as over-improving. You may love the look of lace and lavender, but your potential buyer may enter your home and cringe. When prepping for sale, neutralize your decorating scheme, so it's more universally palatable.

Don't hang around. Your agent calls to let you know they will be bringing buyers by this afternoon. Great! Just make sure to leave the house before they come. Buyers want to imagine themselves in your space, not be confronted by you in your space. Get out of the house, take the kids with you, and if you can't leave for whatever reason, at least sit in the backyard. 

Don't take things personally. Real estate is a business, but buying and selling ho, they will need to replace your prized 1970s vintage shag carpet with something “more modern,” try not to raise your hackles.

Are you stressed about selling? I'm here to help - let me improve your home selling experience. Text or call me at 772-288-1765 to get started.

 

Schedule a call to learn more about how we help home sellers on the Treasure Coast.

Home Value

Eric Slifkin, a Broker Associate, is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including  Stuart, Port Saint Lucie, and the Palm Beaches.

 

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Jan. 19, 2020

Ready to Buy?

Home Buying is Hard!

According to a recent NAR profile of home buyers and sellers For 56% of buyers, finding the right property is the hardest part of the home buying process. Ready to buy your first home, move-up home, or retirement home? The key to finding the perfect home is knowing where to look. That's where we come in - let us know what you're looking for so we can help you get started today!

Click on the image below to see how Eric Slifkin and his dedicated team of experienced agents will guide you through the buying process and be on hand to assist with any problems or questions along the way. We believe in providing you with expert support at every stage of buying your property. Learn More

Search Homes with Eric Slifkin

 

Contact Us to schedule a free consultation. Whether buying or selling a home, we are always happy to meet with you to discuss your wants and needs, no obligation.

 

Eric Slifkin, a Broker Associate, is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including  Stuart, Port Saint Lucie, and the Palm Beaches.

 

Posted in Home Buying
Jan. 9, 2020

Staging Helps Sell Homes

Home Staging 101

Have you ever watched HGTV and wondered how every home always looks put together? The answer to this is staging. Home staging goes beyond just cleaning and decorating your home. Staging is the process of adding decor, arranging furniture, and prepping your home to look perfect for listing photos, listing appointments, and open houses. With a home is staging, potential buyers see precisely where furniture should go and how each room lays out. Without staging, prospective buyers are only focusing on the visible issues the home may have.

Not only does staging make your home look like an HGTV dream or like it belongs on Pottery Barn's homepage, but it can speed up the sale of your property.

  • 83% of buyers’ agents said a staged home helped buyers visualize the property as a future home, according to NAR
  • 25% of buyers’ agents said potential buyers increased their offer between 1 and 5% on a staged home, according to NAR
  • 85% of houses surveyed sold for 6-25% more than unstaged homes, according to HSR Certified Professional Home Stagers

So now that you know the importance of staging, what’s next? Do you hire a stager? Do you do it yourself? Will your real estate agent help? Do you stage virtually? It depends. Every option has its benefits, and some require more time or more money.

DIY Staging

If you’re looking for a more cost-effective option, it may be best to stage your home yourself.

First, you’ll want to start with cleaning, decluttering, and depersonalizing, which is also a great excuse to finally get around to that annual cleaning from earlier in the year that you’ve put off. Each room should only have what is necessary. Throw out anything you don’t need or keep things tucked away in a bin during open houses and showings. You’ll also want to remove any personal photos or decor around your home, including anything religious or political. The less personal your home is, the more a potential buyer will imagine themselves living in your space.

Once everything is clean, you’ll want to start staging the essential rooms first. The kitchen, living room, and master bedroom are what sell your home. Focus on these rooms, and then you can work your way through the additional living spaces.

Hiring a Professional Stager

If you do have more money to spend or don't know anything when it comes to home decor, it’s probably best to hire a professional. Selling your home is an emotional process, so viewing your home objectively when staging can be a difficult task.

As you already know, staging your home can help speed up the sale and potentially get you higher offers. If you outweigh the costs with the benefits, you’ll find hiring a professional won’t be as expensive as you think. The average cost for the initial design consultation with a stager can be between $300 and $600. The average price per month per staged room can be between $500 and $600. It’s important to know that some professionals require a contract of 3 months minimum, even if you sell your home within a few days. Most times, you can work with the decor and artwork you already have, but if your home is empty, this can start to add up quickly.

To save some money when working with a professional stager, you can opt to hire them for just the main rooms - the kitchen, living room, and master bedroom. If your walls need fresh paint, you can save money here by painting them yourself. You can also gather tips and advice during an initial consultation but still decide to conquer some of these tasks yourself.

Virtual Staging

When it comes to marketing, staging makes your home more attractive to buyers. Home staging can be an expensive undertaking, but virtual staging services help buyers see what your vacant property might look like online, complete with furnishings and decor. Virtual staging helps get buyers interested and in the door without the expense of physically staging your property.

Virtual Staging Gets Buyers Interested and in the Door

Vacant Property

Virtually Staged Property

Vacant Property

Virtually Staged Property

Virtual staging allows you to rearrange furniture, add decor, and still make your home look attractive to buyers, but everything is online — and cheaper. Because virtual staging is done on the web or with staging software, you don’t have to spend funds on new furniture, decor, or spend time rearranging everything. This method saves you time and money while still getting the same results as traditional staging. The only required cost is digital software, and most services charge a flat fee per room staged.

What do real estate agents do?

All agents are different. Our focus is on virtual staging, which is cost-effective and puts your house where buyers begin their search- online. Other agents may offer physical staging services or refer you to a trusted professional or company, and some will offer advice, while others don’t provide any resources for staging. If an experienced real estate agent has your success in mind, they will give honest feedback when it comes to home staging advisement.

 

If you’re selling your home soon, staging is something you need to consider. Depending on the current state of your home, some of these options may be better suited for you. Ask a trusted friend for their thoughts on which path you should take. And remember, we’re here to help too.

 

Schedule a call to learn more about how we help home sellers on the Treasure Coast.

Home Value

Eric Slifkin, a Broker Associate, is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including  Stuart, Port Saint Lucie, and the Palm Beaches.

 

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Posted in Home Selling
Dec. 12, 2019

Want to sell your home For Sale By Owner?

9 Step Guide to FSBO

Selling your home is a huge decision. After quite a bit of research on local realtors in your area and how long the selling process, you may feel that it’s better to sell your home yourself. Commonly referred to as FSBO, For Sale By Owner is when you sell your home without the help of a Realtor or licensed professional. By doing FSBO, you can avoid paying commission, working with an agent, and you have complete control over your listing

If you’re ready to sell your home but not sure where to start, we made a step by step guide on how to FSBO.

Step 1: Price your home accurately

According to NAR, 17% of people who have done FSBO said pricing their homes was the most challenging task. Not only can pricing your home be difficult, but accurately pricing your home can be close to impossible. Homes priced by owners are an average of 2% higher than homes listed by agents, according to Trulia research. Although that may sound good, it doesn’t necessarily mean they will sell at that price. Inaccurately pricing a home may cause it to stay on the market longer.

 

To accurately price your home, here are a few things you should research:

  • Current prices for homes similar to yours in your city and neighborhood. Because you aren’t a Realtor, it’s impossible to pull an accurate list of comparable homes without access to the MLS data, so you may need to rely on sites like Zillow and Trulia, which aren’t always accurate. However, you can get a free home value report here.
  • Calculate the ROI of any improvements and renovations you’ve made to your home. Depending on how many improvements you’ve made, this can take quite a bit of time and research. You’ll also want to be careful to not over or underprice the ROI since that will directly affect your home value.
  • Prices overtime to find any market trends. Again, without access to MLS data, it will be more challenging to find accurate data about the market over time.

Step 2: Prepare your home

Since you won’t have an agent that offers their knowledge and expertise on home improvements that buyers look for, you will have to decide what should be upgraded or repaired in your home. To determine what should be updated, weigh the costs of the projects you think should be completed against the value of your home from step 1. After making any necessary renovations to show buyers you’ve put work into your home, you will need to stage your home.

Staging is the process of strategically arranging the furniture and decor in your home to be show-ready so buyers can imagine living there. According to NAR, 83% of buyers’ agents said buyers could better visualize living in a house if staged. 22% of sellers’ agents saw the dollar value of offers increased 1-5% when they saw a staged home, and 17% saw the dollar value of the home increased 6-10% in comparison to similar homes. Many agents offer their staging services as part of the selling process, but since you are on your own, you can either hire a professional stager for an additional cost or do it yourself. If you decide to stage yourself, the rooms you should prioritize are the kitchen, living room, master bedroom, and dining room.

Not only does the inside of your home need to look perfect, but so does the outside. Curb appeal is how your home looks from the street and is another crucial step that you don’t want to overlook. It’s the first impression potential buyers will have of your home, so you’ll want to make sure the exterior is also show-ready. According to NAR, landscape maintenance, overall landscape upgrade, and standard lawn care service rank as the highest projects that should add value to your home when selling.

Step 3: Photograph your home

Once your home is prepared and staged, it’s time to photograph your home. Although the newest iPhone has a pretty good camera, hiring a professional who knows everything about lighting and the most appealing angles will be worth the extra cost. According to the Center for REALTOR® Development (CRD), homes with high-quality photos sell 32% faster, and the more photos you have, the faster your home will sell. Homes listed from $200,000 to $1,000,000 with professional photos have sold for $3,000 to $11,000 more.

Most Realtors offer professional photography as well as 3D tours and videos as part of their services, so if you have the budget, this is something you want to consider.

Step 4: List your home

After all the preparations you’ve made on your home, you’re finally ready to create your listing. Unfortunately, only real estate agents can create listings on the MLS. After they list on the MLS, the listing is then automatically put on sites like Zillow and Trulia, which is where buyers agents can find the newest listings to show their clients.

You can list your home yourself as FSBO on Zillow or pay individual real estate companies to have them list your home on the MLS.

Step 5: Know your home disclosure requirements

If you’re selling your home on your own, you will need to research the requirements your state has for what you need to disclose in your home. A seller disclosure includes what sellers must tell buyers about their home. Seller disclosures can include structural problems, past issues such as flooding, and any repairs or upgrades you’ve made on your home. A seller disclosure will save you time from any surprises that may come up in a home inspection. If you do have any shocks or bumps in your home inspection, you could incur expensive and unnecessary repairs or demands from buyers.

Step 6: Market your home

Now that your home is (hopefully) listed, it’s time to market your home. Although you may think a for sale sign in your yard is good enough, it’s not. In selling your home, we typically start with an email blast to our database of buyer leads that we’ve accumulated over the years. You could send an email to friends and family, letting them know your home is now on the market but may find it hard to get results that way.

Next, we usually set up an ad on Facebook and Instagram and target potential buyers in our area. According to NAR, members found social media as the most valuable source to obtain high-quality leads. With more than 1 billion monthly active users on Instagram and 2.41 billion monthly active users on Facebook, marketing your home on social media is one thing you don’t want to neglect. You could post about your home on your page, but exposure and reach will be limited, and the quality of leads may be inadequate.

For some of our listings, we will even put together a video to share on social media. To get a more detailed example of what we do to market our listings, check out our marketing page here.

Step 7: Communicate with potential buyers

Hopefully, by now, you’ve acquired a few leads that have started to show interest in your home. Even though you don’t have an agent, your potential buyer probably does, which means you’ll be responsible for all communication with them throughout the process. You will need to be on top of emails, texts, and phone calls to schedule showings and meetings with your potential buyers and their agents and be responsive to any questions they may have about your home. Just remember to be patient and think about your responses - selling your home (especially on your own) can be emotional and make you say things you didn’t mean.

Step 8: Hire third-party experts

You might want to hire an attorney to help you throughout the selling process, especially when signing legal documents, purchase agreements, and seller disclosures. Some states even require representation from an attorney when you close. Although this can be costly, it’s ultimately for your protection throughout the process.

Step 9: Wait for offers

And now we wait. Depending on how much effort you’ve put into the preparations, staging, marketing, and listing of your home will determine how long it will take your home to sell. According to Inman, 18% of FSBOs did not sell their home in the timeline they were hoping for, and the average FSBO home was sold for $200,000 while homes sold by agents were $265,500 in 2017. Homes sold through the MLS were sold on average 20 days faster, according to NAR.

 

Are you feeling overwhelmed? If the selling process seems like too much to handle on your own, we're here to help.

Schedule a call to learn more about how we help home sellers on the Treasure Coast.

Home Value

 

Eric Slifkin, a Broker Associate, is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including  Stuart, Port Saint Lucie, and the Palm Beaches.

 

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Posted in Home Selling
Nov. 7, 2019

You Have 1 Week Left to List Your Home This Year

So, you’ve been thinking about putting your home on the market... but the timing never seems right.

So, you’ve been thinking about putting your home on the market, but the timing never seems right. We get it; life moves fast!

The holidays will be here before you know it. Entertaining guests, traveling, and spending time with family during this season is stressful enough that you can't even fathom the thought of potential buyers walking all through your home, dealing with inspections, and navigating.

So what do you do? Should you wait another few months after the holidays to list your home? No. In fact, according to Realtor.com, the average time a house is on the market is 62 days. That means the longer you put off listing your home, the longer the sale will take to wrap up after the holidays.

 

Why Winter Is The Best Time To Sell

 

Less Competition

If you wait until spring to list like everyone else, there will be more competition. In the winter, there are fewer homes on the market, which will make your home stand out even more.

 

Showcase Winter Readiness

You can also use winter to your advantage when showing off your home’s features like fireplaces and hot tubs by making it cozy and warm. Selling in the winter also demonstrates that your home can handle harsh winter conditions.

 

Eliminate Looky-Loos

As you know, just because someone is looking at homes doesn't mean they are intent on buying. But if someone is taking the time out of their holiday break to come to see your home, chances are they're more than just looking. Although you may see fewer potential buyers come through showings and open houses, most of them will be more serious contenders.

 

Higher Offers

Since we are approaching the end of the year, performance reviews may bring more bonuses and financial freedom to a buyer's budget, which is excellent news for you, the seller.

 

If you want to sell with all these advantages in mind this winter, you may want to speed up your decision to list your home. Schedule a call to learn more about how we help home sellers on the Treasure Coast.

Home Value

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Posted in Home Selling
Nov. 7, 2019

11 Things Your Real Estate Agent Must Be Doing

Doing the bare minimum simply isn't enough anymore. Make sure your real estate agent does these 11 things to market your home.

Doing the bare minimum isn't enough anymore. Make sure your real estate agent does these 11 things to market your home:

11 Things Your Real Estate Agent Must Be Doing

Download Checklist

 

Why Marketing Matters

Smart marketing sells homes, and these statistics are just a few examples of why we place so much importance on the strategy we use to sell your home. Source: PsPrint

Ready to give your home the attention it deserves? Schedule a call to learn more about how we sell homes on the Treasure Coast.

 

Posted in Home Selling
Oct. 17, 2019

Get Your Home's Accurate Value

Automated Home Values

There are many sites that you can use to get your home’s value, but unfortunately, they’re not as accurate as you may think. Automated values are a good starting point but...

Home ValuesGetting your home’s value from a robot or an algorithm is fine but a more in-depth analysis by an experienced human is essential if you really want to know your home’s potential on the market.

How is our estimate different from a Zestimate and other online services? Instead of a robot and an algorithm, we use our experience and up-to-date MLS data. A human being will prepare your report, and due to that, it won't be "instant," but it will be accurate. So to get your home's accurate value click on the link below.

Home Valuation

 

Eric Slifkin, a Broker Associate, is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including  Stuart, Port Saint Lucie, and the Palm Beaches.

 

 

Oct. 4, 2019

How Long You Should Live In Your Home Before You Sell It

Whether you just moved in or have lived in your home for 50 years, it's common to wonder how long you should stay in your home before you sell it. According to the National Association of Realtors®, ten years is the average amount of time that a homeowner will stay in their home before deciding to sell it.

If you're under ten years and itching to sell, many experts say you should follow the “five-year rule” and stay in the same home for at least five years before selling.

Five years may sound like a long time, and you may think you are ready to sell now, but before you make any rash decisions, we put together a few of the essential factors that of which should be aware.

Your Mortgage

One of the first and foremost factors you must consider when you decide to sell your home is your mortgage payment. If you want to make money when you sell your home, then your sale price must be higher than what’s left of your mortgage. When you first buy your home and begin to pay your mortgage, the first few years will go towards interest rather than the principal amount. Typically this means that it’s more challenging to make money off your sale under five years. However, if you put a larger downpayment on your house, then your interest rate and mortgage will probably be lower, making it possible to make money in a shorter amount of time.

Equity

Building home equity is essential. You’ll want to have a lot of equity built up when you decide to sell. The amount of home equity you’ve obtained depends on any remodeling or renovations you’ve made, as well as your mortgage. If the home you bought was already in tip-top shape, then it may be difficult to build equity. If you’ve remodeled the kitchen, bathroom, redone the flooring, or made other renovations around the house, then you have most likely gained home equity. You can also increase your home equity by paying off more of the principal on your mortgage.

Market Conditions

One of the more common reasons you’re eager to sell your home is to make money on your property. There are a few things to look out for when deciding if it’s a seller's market and whether or not it's time to make your move. If you notice the price per square foot in your area is increasing, the chances are that homes stay on the market for a shorter time. You should also take note of houses near you that are selling. It might seem time-consuming, but don't worry! We always keep track of recent home sales in the area and can send you over an up-to-date market report.

Request A Market Report

We have exclusive access to past sales close to your home, and we know the current market.Home Value

You're Out Of Space

Maybe this was the first house you bought when you were expecting your first child, and there were only three of you, but now, with three kids and two dogs, there isn't much space. Although it may be sad to move out of the home where you started your family, the happiness of your family may be higher than the cost of selling your home and buying a new one. Other life situations like divorce, illness, or even the need to downsize may also lead you to sell sooner than you originally planned.

Capital Gains Tax

If you don’t qualify to avoid paying capital gains taxes on the sale of your home, you may not want to sell your house yet. To avoid capital gains taxes, you should make an effort to stay in your home for at least two to five years. Making a sale before two years could be a huge mistake, and could ultimately leave you without much equity, especially if you have to pay capital gains tax.

Closing Costs

Closing costs are often overlooked but play an essential part when it comes to selling your home. On average, real estate agents have a commission rate of 6% when you sell your home. You are also likely to pay a closing cost when buying a home, which can be between 3%-6% of the purchase price of the home. Keeping closing costs in mind before you sell allows you to budget this into your expenses and avoid surprises when it comes to closing.

So, Is It Time To Sell?

If you've already considered these factors and decided that it's time to sell, take the first step, and get your home's value. If not, no worries! We're here for you when you're ready.

 

Eric Slifkin, a Broker Associate, is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including  Stuart, Port Saint Lucie, and the Palm Beaches.

 

 

Posted in Home Selling
Sept. 8, 2019

5 Things You’ll Wish You Knew Before Buying Your First Home

We know that the home buying process is daunting, and it might seem like you have a million tasks on your plate. Everyone is giving you advice, but where should you spend your time? We asked a recent first-time homebuyer what she wishes she knew before she bought her home. Here are the five pieces of advice she thought were worth sharing.

Take Your Time With Mortgage Lenders

It’s no easy decision when debating over the many home lender options. First-time home buyers typically do the research themselves or use a loan officer, often referred by their real estate agent. Whichever route you decide works best for you, don’t be too hasty. Reading the fine print of every offer you receive is a must.

If you take the time to consider various lenders, you may find yourself in a position to negotiate the terms of your mortgage. A primary first-time buyer consideration is that of Private Mortgage Insurance (PMI). If your down payment is less than 20% of the home sale price, then there is a very high chance most lenders will require a monthly PMI fee. By taking the time to shop around, you may have the opportunity to arrange a more favorable long-term agreement.

Pro tip: you can quickly compare different rates and lenders using Bankrate.com

Another type of loan to look out for are loans that recast. A recast loan means that your interest rate and loan term remain the same, but your monthly mortgage payment is reduced to reflect your actual current loan balance. Typically with these types of loans, lenders need an additional lump sum payment for recasting to work.

Everyone’s situation is unique. There are pros and cons to every loan. We aren’t financial advisors, and you should always supplement our advice with a professional.

Budget For Unexpected Costs

While this may sound obvious, plenty of first-time buyers do not fully comprehend the amount of money they must spend before getting the keys to their future homes. While it’s essential to determine your future mortgage allowances, it is equally imperative to save an emergency fund. If your current living situation does not allow a month-to-month lease agreement or you find the home you can’t live without before your planned moving timeline, you will need a financial buffer. More often than not, buyers find themselves stuck between their current living expenses and those of their new mortgage agreement. Moving costs and the possible use of a storage facility can become very costly, even over a relatively short period. Buyers will also be responsible for paying all inspection fees for each home they intend to make an offer. For direction on how much to set aside for these extra costs, speak with an experienced local real estate agent.

There Is No Such Thing As The “Perfect Home”

According to real estate mogul Barbara Corcoran, “Buyers decide in the first eight seconds of seeing a home if they’re interested in buying it.” While following your gut is important, too often new buyers tend to make rash judgments. Before starting your home search, brainstorm a very detailed list of deal-breakers. Is having a large yard a must? Are you only interested in homes with updated interior features? Do you require a minimum of 4 bedrooms and two bathrooms? Now narrow that list of must-haves down to the essential 3-4 items, which may take some serious flexibility. If you have the time and freedom to look at every available option, do it. We know this sounds daunting, but your earlier expectations may change during the house hunt. Sometimes it’s tough to find the home that has everything you ever dreamed of -- in the ideal price point -- in the perfect area of town.

It might be impossible to find a home that checks off all of the boxes upfront. But as time goes on, you can check the rest of the boxes off.

Always Consider Return On Investment

It’s relatively easy to factor which type of home and location suits your current lifestyle needs. A townhouse or an apartment may offer a cheaper mortgage upfront- it might even be within walking distance to your favorite coffee shop or gym! While these are all things to consider, do not lose sight of the long-term investment. If and when you decide to rent or sell your first home, it is an invaluable to consider your future buyer. One key factor to consider is the area’s school district. Would your home be attractive to a family? If the answer is yes, there is a good chance you’ll have a more successful selling experience when the time comes.

Pay Close Attention To The Home Inspection

Once you’ve chosen the home you want to make an offer on, and the seller has agreed to terms, you will need to hire a licensed home inspector (or sometimes multiple home inspectors) to evaluate the home's condition. Keep this in mind: no home, no matter the age, is in perfect condition.

A good inspector will point out all the issues about the four main inspection points: HVAC, electrical wiring/panels, plumbing, and roofing. These four areas of concern will directly affect your home insurance coverage and more costly short and long-term repairs. The status of the inspection report will also play a role in the negotiation process between the buyer and seller. An experienced realtor will know exactly how to advise your next steps.

While we cannot highlight every scenario here, we are happy to answer any questions you have during your home buying experience. We even have a well-rounded list of vendors if you need a referral.

 

Contact Us to schedule a free consultation. Whether buying or selling a home, we are always happy to meet with you to discuss your wants and needs, no obligation.

 

Eric Slifkin, a Broker Associate, is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including  Stuart, Port Saint Lucie, and the Palm Beaches.

 

Aug. 30, 2019

Discover the Basque Vineyard, BC

Now Available: The Basque Vineyard in British Columbia

An Opportunity to Create and Develop the Winery of Your Dreams

About

The Basque Vineyard, BC is a stunning 12.23-acre property located on the beautiful sloping hillsides of the Basque region section of the South Caribou overlooking the majestic Thompson River Valley. Its southern exposure, sunny arid climate and gently slopping hills makes it a more fertile environment for grape cultivation than the wine country in Spain and France. The potential of this area is limitless.

Overview

Located south of Ashcroft, a 20-minute drive from the downtown area, this once-thriving vineyard produced Grapes used by summer lands: Sumac Ridge Estate winery in 1982. With well-draining sandy loam soil and south-facing windswept slopes and a newly installed water system for irrigation plus a distribution center that has a purification system for drinking and domestic consumption, these are the perfect accompaniments to establish a successful vineyard.

Basques Vineyard Topography

Improvements

The water pump connects to the water distribution center then up to the highest point of the slope which is prepared to supply gravity-fed irrigation to the whole property (all this without disturbing the topsoil).

In addition to the magnificent landscape and Thompson river views, there is a 1200 square foot 2 bedroom one bath rancher, that boasts Italian ceramic tile flooring, open floor plan, laundry room, sunroom, and Jacuzzi bathtub. As well as a cozy fireplace to warm up to on those crisp autumn evenings where you can sit and enjoy the views.

Basque Vineyard BC

Possibilities

The potential to develop your winery can be effortless; the current owner has had numerous studies completed, from soil suitability, establishing a drip irrigation system as well as consulting with experts to determine which strains of Grapes would do the best with the properties conditions.

The ability to expand your vineyard is also a possibility as the adjacent 31.01-acre property is negotiable. Basque Vineyard BC, Inc. (the managing company of both properties) is also for sale should the buyer needs to acquire it for immigration purposes. Let your imagination run and create the winery of your dreams!

Renderings

Download the Vasque Vineyards Site Plan

Basque Vineyard BC, Inc.

 

Contact Us to learn more about this property. Whether buying or selling a home, we are always happy to discuss your wants and needs, no obligation.

 

Eric Slifkin, a Broker Associate, is the founder of the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including  Stuart, Port Saint Lucie, and the Palm Beaches.

 

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