Maria Walley, Realtor
buying a home in cincinnati | Cincinnati Condo Connection

Elegant Modern Townhouse in Walnut Hills (Eden Park)

 

This distinctive 3 bedroom 2.5 bath residence is the 1st of 8 luxury townhomes.  It exhibits modern elegance, originality and innovation.  It’s prized location on a lovely street of historic homes adjoins Eden Park. Every element was meticulously researched and chosen by the owners and as a result, each room radiates sophisticated style.

Premium finishes include honed granite, quartz, rift sawn oak, walnut, Bertazzoni gas range and custom everything. Every room enjoys an abundance of natural light ushered in by commercial quality windows.  Buyers will also appreciate the 2 car garage and extensive list of renovations, upgrades and the utmost quality.  No detail was overlooked.  The benchmark of this custom townhome is attention to detail, luxury living and minimal maintenance.

The townhome was built 1880 and renovated in 2019.  The structure was reinforced, a new roof in place, and the front yard was excavated to put in a 2 car garage.  All windows were replaced and the home was insulated and sound attenuated. Dual heating with 2 new Tempstar furnaces with AC.

Most of the craftsmanship is local.  Ernst Custom Cabinets designed the cabinets in the kitchen and baths, The staircase metal rails were designed and fabricated by Sycamore Street Studios. The lighting is from Switch Lighting. 9 foot Lambton white oak interior doors throughout.  DXV features in kitchen and baths. Rift sewn white oak from Mansion Hill Custom Flooring.

Call Maria Walley for a private showing. 513-235-3996

River View Condo- Edgecliff Private Residences #903

 

This condo is being offered at $294,900.  Call Maria Walley for a showing today. 513-235-3996 mwalley@comey.com

More information about the listing.

Columbia Tower Condo-2 Bedroom in East Walnut Hills

2 Bedrooom 1 Bathroom corner unit condo on the 8th floor of this secure building in East Walnut Hills is offered at $115,000.  It’s one of the best deals in the city.  The building has a gorgeous pool overlooking the river and a gym.  It’s 5 minutes from downtown and East side neighborhoods of Hyde Park and Columbia Tusculum.  Only 14 minutes to the airport. The HOA includes heat, water, trash, professional management and common area maintenance.  Call Maria Walley for a tour today.

See more information about this condo

 

Rare 3 Bedroom Edgecliff condo in Eden Park

The three bedroom condos are sought after and don’t come on the market very often.  This 17th floor condo just came on the market. It has a beautiful view of the Ohio River and the Kentucky Hills.  It has lovely built in cabinetry throughout the condo.  It comes with all of the amenities of the Edgecliff such as doorman, pool, Le Bar A Boeuf Restaurant, fitness room, guest suite and party room.  The HOA also includes heat, water, air conditioning and trash.  Call Maria Walley today to book a private showing (513) 235-3996 or email mwalley@comey.com

Columbia Tower Condos Best Value East Walnut Hills

5 minutes from downtown and close to East side neighborhoods, this East Walnut Hills midrise building offers amenities, security, convenience and views.  This 1 bedroom 1 bathroom condo is offered at $79,000.  The building has a gorgeous pool with a river view and a gym.  See listing page for more details about the unit.

 

See Columbia Tower page for more information about the condo community.

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See listing page for more detail.

Gorgeous Renovated East Walnut Hills Condo at the Edgecliff

Don’t miss this one.  It’s 2 one bedroom units combined to make one large 2 bed 2 bath condo with a 44 ft balcony overlooking Eden Park.  Designed for entertaining!

 

Here’s One of the Best Condos in Hyde Park

There are many great neighborhoods in Cincinnati in which to begin your search for a new condo. Each offers a variety of homes, amenities, and perks to living there. Some of the most popular are Oakley, Over-the-Rhine, and Hyde Park.

Hyde Park is located in East Cincinnati and is one of the most popular areas in the city for aspiring owners of condos and single-family homes alike. The area also has a very healthy mix of starter/midsize and trade-up homes as well as a wide variety of condos. The area is very walkable and its proximity to Hyde Park Square, a trendy shopping and dining area, makes it popular with a wide range of people. Some of the area’s most well-known and sought-after condo complexes are  Grassmoor, Georgian Terrace, Madison House and Regency. Prices for condos currently selling in Cincinnati’s Hyde Park range from $107,000 all the way up to $1.5 million. So you can be sure you’ll find a home that fits your needs. There are a few properties, however, that really stand out for their great features and affordable price points. The listing at 3744 Ashworth Drive is one such gem.

This condo for sale in Hyde Park is located within the Chestnut Station condo complex. This large, 3-bedroom, 2-and-a-half-bathroom unit provides excellent value for its listing price of $315,000. Located just down the street from the Hyde Park Golf and Country Club, this home features a loft, granite countertops, and hardwood floors. With its open floor plan and 1,700 square feet, you’ll enjoy having plenty of space, whether for entertaining or staying in for movie night. There’s plenty to walk to in East Hyde Park.  Start with breakfast at Coffee Emporium.  Still hungry? Take in a lunch at Bangkok Bistro.  Drinks at Hap’s Irish Pub?  Need some essentials?  Stop in Tischbein’s Pharmacy.  Forbe’s Magazine named Hyde Park one of the 10 best neighborhoods in the USA.

If you’ve been looking for condos for sale in Hyde Park and are interested in checking out this home or any of the many others that we have currently on the market, give the team here at Cincinnati Condo Connection a call. We would love to help you begin the journey to find your dream home today.

 

Buying a Home in Cincinnati: Spring 2018 Market Forecast

Buying a Home in Cincinnati

As the days start to turn slightly warmer and the snow finally begins to melt away, the Cincinnati housing market will begin to heat up. As in most places across the country, spring is one of the most popular times of year to sell or buy a home, which means it’s also a great time to look at real-estate trends and what we are likely to see in this year’s hottest buying season. Here are a few things we can expect both nationwide and in Cincinnati this year.

1. A slow start to the spring buying season

The new tax bill signed by President Trump last December will likely have an effect on how many sales are made early in the spring season. People will probably be taking a close look at their finances and doing their research to ensure the best course of action for them and their money given the new tax bill.

2. Increases in Homeownership

Despite low inventory levels across the country, home ownership numbers are increasing. According to Trulia, Q4 2017 was the fourth quarter in a row where the number of new homeowners was higher than the number of renters nationwide. In addition, Trulia research shows that many of those homeowners are millennials, which is a great sign that the real-estate market has finally begun to bounce back from the Great Recession. However, this same data also shows that more and more millennials are moving away from the city to the suburbs to find a better deal on a home. Increasing numbers of millennials may move to Cincinnati in 2018, given the area’s cheap prices and a high likelihood for home value appreciation

3. Prices continuing to slowly rise

Case Shiller data from October 2017 show that prices have climbed consistently over the past two years. In addition, the index shows that home prices increased 5.92 percent between January and October of last year. However, despite price growth, a recent article by Forbes names Cincinnati as one of “America’s Most Affordable Cities.” A December article published by Realtor.com, “The Hottest Real Estate Markets of 2017: Who Gained Big, Who Fell Hard”, also indicated Cincinnati as one of the country’s hottest real-estate markets for 2017. In the article’s list of the country’s 300 largest markets, Cincinnati jumped from a previous ranking of 117 to a ranking of 64. Economists speculate that this is likely due to the affordability of Cincinnati homes. Unlike most places in the country, there are still great homes available in Cincinnati in almost every price range. The current average listing price of a home for sale in Cincinnati is $156,000—a modest 4 percent increase over last year. Thus, although cheaper than most other metro areas, Cincinnati is following the same pattern of price appreciation.

In conclusion, despite what is likely to be a slow start to the buying season, it is clear that there will be plenty of movement in the Cincinnati market in 2018, and we may even see an influx of millennials and other first-time homebuyers moving to the city in search of a more affordable home.

The Three Best Neighborhoods in Cincinnati for Condo Shopping

The Verona in Eden Park

 

As we move closer and closer to spring time here in Cincinnati, the real estate market is beginning to heat up for potential buyers and sellers alike.

In fact, according to Realtor.com, there are currently 3,667 homes on the market and 3,552 homes for rent, and the current average listing price for the city of Cincinnati is $165,000. Although great homes can be found all over the city, the following neighborhoods in Cincinnati are likely to be your best bet for finding a wonderful deal on a condo.

Over-The-Rhine

Of all the neighborhoods in Cincinnati, Over-The-Rhine is the one with the most condos on the market—and it also happens to be one of the hippest, most popular areas in the city. According to Realtor, the area has an average listing price of $324,950, although prices currently range from $200,000 to $600,000. Most condos for sale in Over-the-Rhine are walking distance from area attractions like Findlay Market and a wide variety of coffee shops, restaurants, and nightlife. In addition, many homes for sale in OTR have been remodeled or upgraded within the last ten years. You can check out our recent article, “OTR: Best Deal on a Condo,” to see one of many homes that we recommend if you are considering purchasing a condo in OTR.

Walnut Hills

Although a little more removed from the hustle and bustle of downtown Cincinnati, Walnut Hills is still a great place to buy a home. There are currently around 35 condos on the market in Walnut Hills, with prices ranging from $110,000 all the way up to $995,000, so there is something here for everyone. As far as perks and amenities go, there are many options available. For instance, this two bedroom, two bath condo, located at River Terrace, 2401 Ingleside 10A.  It features a stunning river view and has undergone a complete renovation. It’s listed at $285,000 and has valet parking.  This one won’t last long. The Edgecliff Private Residences  2200 Victory Pkwy, 809 is currently listed at $349,900, features an in-unit skyline view, while the building includes a guest suite with a kitchen and a 24 hour concierge.  Meanwhile, the $149,900, one bedroom, one bath unit at The Verona 2356 Park Avenue, 104 features in-unit wood floors and an address in a coveted historic building.

 

Eden Park in Walnut Hills

Hyde Park

Just a few minutes east of Walnut Hills is the Cincinnati neighborhood known as Hyde Park. Like OTR, Hyde Park is extremely walkable, a perfect location for those who enjoy being outside in their neighborhood. Although this area is also somewhat removed from downtown Cincinnati, it still offers plenty of easily accessible shops and restaurants and easy access to I-71. Currently, there are about 30 condominiums on the market in Hyde Park, ranging anywhere from $165,000 all the way up to 1.5 million. Given the high price range, it is no surprise that homes in Hyde Park boast a variety of amenities. This two bedroom, two bath home, located at Michigan Terrace3500 Michigan Avenue, 43, is listed for $799,000. The location alone is worth every penny. This property is located right on Hyde Park Square, amid the city’s most popular shopping and dining districts. The two bedroom two bath home at the Madison House2324 Madison Rd, 304, on the other hand, is listed for $148,500 and features a large balcony and wood flooring. The building provides valet parking service, a doorman, and a heated pool.

Hyde Park Square

If one of these listings caught your eye, and you are considering purchasing a home in one of these neighborhoods in Cincinnati, give us a call today at (513) 215 – 3996 today and let us help you find the perfect condo for you.

Looking Back: What 2017 Showed Us About Buying a Home in Cincinnati and US Real Estate Market Trends

Cincinnati Skyline

It is no secret that 2017 was a year of tumultuous political and economic change for the US, both on a local and national level, changes that had a direct influence on the US Real Estate Market.

At the beginning of 2017, Forbes predicted the following for the United States housing market:

  1. Prices will continue to rise, albeit more slowly than in recent years.

  2. Affordability will worsen, particularly in cities like Seattle, WA and Austin, TX, which continue to see huge amounts of real estate and job market development.

  3. More Millennials will become homeowners.

Now that we are a few weeks into 2018, here at the Cincinnati Condo Connection we decided to do a little research to determine how those predictions played out on both a national and local level.

According to an article published by Trulia in October of 2017, demand for homes across US markets has continued to rise. In fact, the share of inventory sold in the US surpassed its peak for the first time since the recession of 2008. Unfortunately, that increase has done little for the affordability of homes on the market. A recent study by Realtor.com shows that the median list price for a home in the US in December of 2017 was $270,000, 8% higher than the median price in December of 2016. However, earlier in 2017, the median list price was at $275,000. These numbers show that Forbes’s prediction was correct, and that, while prices are still higher than they were in 2016, they are rising more slowly than in past years.

Numbers here in Cincinnati show a similar pattern. However, Cincinnati condo and home prices are actually rising more sharply than the national average.

According to a report released by the MLS of greater Cincinnati in November 2017, the median sales price for a home in Cincinnati was roughly $170,00 0up about 10.41 percent from November 2016’s estimated $150,000.

Although most 2017 pricing reports are still being collated, research by CoreLogic from April 2017 shows that home values were indeed increasing across the United States, rising by 6.9 percent as compared to April 2016. However, it is worth mentioning that these numbers can vary vastly by market. According to 2017 data from the Federal Housing Finance Agency, Cincinnati trends show a home value gain of 6.5 percent over the last 10 years. While, in more quickly growing areas such as Austin, Texas home values have grown 65.8 percent over the last 10 years.

So the final question remains, did more Millennials actually buy homes in 2017? According to the 2017 Home Buyer and Seller Generational Trends Report, the answer is yes. In fact, buyers 36 years of age and younger made up the largest share of homebuyers in 2017. However, that overall number is down 1 percent from 2016’s 35 percent. Are you a millennial interested in buying a home in Cincinnati this year? Research shows that an investment in “The Queen City” will be a smart one in 2018 given that Cincinnati was named one of Trulia’s top 10 best markets for Millennials who want to buy a home in 2017. The report evaluated housing market viability for Millennials based on the following criteria: job growth, vacancy rates, starter-home availability, online listing searches, and the percentage of people in the vicinity under age 35.

Overall, research from multiple sources shows that the housing market is finally beginning to even out, even in the nation’s most popular and expensive markets, and that the outlook for home values, prices, and inventory in 2018 is a relatively positive one.