Louisville, KY (Local News | Real Estate Tips | Events | Things to Do)Recently posted or modified blog posts in the category - Real Estatehttps://www.exploringlouisville.com/blog/Copyright ExploringLouisville.com2024-02-07T13:46:26-07:00tag:exploringlouisville.com,2012-09-20:22281Now Serving Southern Indiana!<img src="https://assets.site-static.com/userfiles/3106/image/Louisville_Haunted_Houses_1.jpg" width="1640" height="924" style="font-size: 17px;" />
The Segrest Flaherty Group is excited to announce expanded real estate services into beautiful Southern Indiana. With over 40 years of experience, our veteran Louisville agents now leverage expertise to help clients buy and sell homes across the river in scenic Southern Indiana counties.
For homebuyers, Southern Indiana offers a tranquil small-town vibe and outdoor recreation galore. Our agents can help you find charming homes, from hilltop cottages in Washington County to sprawling country estates in Harrison County. With lower prices than Louisville and property taxes, Southern Indiana is an appealing homeownership option.
If you're selling your Southern Indiana home, our team utilizes proven marketing strategies to connect your home with qualified buyers. We tap into our strong Louisville buyer network and local Indiana connections. With professional photography, targeted social media ads, and premium MLS listings, we get your home maximum exposure.
At Segrest Flaherty Group, we make buying or selling in Southern Indiana smooth and stress-free. Our expert agents have in-depth market knowledge to price homes accurately, negotiate skillfully, and guide you through the entire process. We serve Clarksville, New Albany, Sellersburg, Corydon, and more.
Contact the Segrest Flaherty Group today at 502-369-7899 to get started buying or selling your Southern Indiana home! Our dedicated team is ready to help.
<a href="https://www.exploringlouisville.com/southern-indiana/">View our dedicated page to Southern Indiana properties here!</a>
2024-02-07T13:10:30-07:002024-02-07T13:46:26-07:00Casey Flahertytag:exploringlouisville.com,2012-09-20:2132110 Backyard Patio Ideas On A Budget!<img src="https://assets.site-static.com/userfiles/3106/image/HomePatio.jpg" width="1640" height="924" />
#1 Harness Nature's Defense: Pine Cone Pest Barrier
<img src="https://static.houselogic.com/content/images/patio-designs-budget-pinecone-mulch-standard_retina_dd9ee34e5388e71585c33962ee70f649.jpg" alt="Pine cones in a garden bed" />
Picture a garden adorned with pine cones, not just for rustic charm, but to thwart patio pests and playful pets. These natural spiky guardians not only deter unwanted visitors but also nurture your soil, enhancing the vibrancy of plants like azaleas and rhododendrons. Embrace this earth-friendly solution and save time and money on pest control.
#2 Vibrant Concrete Expression: The Colorful Patio Makeover
<img src="https://static.houselogic.com/content/images/patio-designs-budget-painted-concrete-standard_09a95c83ce6b32d37bfe89075b3dad01.jpg" alt="Gray and white painted concrete patio floor" />
Transform a lackluster patio with a burst of color and creativity. Unleash your artistic flair by painting your concrete patio in bold hues or playful patterns like chic chevron. Immerse yourself in the luxury of upscale stone with skillful paint and stamped designs. Welcome a fresh perspective to your outdoor haven, making your patio a canvas of vibrant expression.
#3 Rust's Undoing: Revive Your Outdoor Furniture
<img src="https://static.houselogic.com/content/images/patio-designs-budget-furniture-retina_retina_6042e65fc17b0057ec2a41ac0c56b45b.jpg" alt="Bright red and green painted patio furniture" />
Rusty relics can regain their former glory with a little DIY magic. Bid farewell to unsightly rust through vigorous efforts with wire brushes, sandpaper, and steel wool. Embrace the transformative power of chemical rust converters, rebirthing your furniture and adding years to its life. A coat of paint seals the deal, granting your outdoor pieces a stylish and renewed lease on life.
#4 Clutter-Free Haven: Ingenious Outdoor Storage
Elevate your patio's aesthetic by banishing clutter and embracing clever storage solutions. Unleash your creativity by painting wooden crates to match your patio's allure, crafting both practical and visually appealing storage. Organize with flair, ensuring your outdoor space exudes neatness and charm.
#5 Timeless Floral Charm: The Perennial Touch
Elevate your patio's allure with the timeless elegance of perennials. While annuals have their allure, perennials emerge as the smart investment. Beyond their vibrant blooms, perennials demand less water and bloom season after season. Embrace the beauty and efficiency of these resilient companions, creating an enchanting oasis.
#6 Enchanted Illumination: String Light Magic
<img src="https://www.houselogic.com/wp-content/uploads/2023/06/backyard-lighting-ideas-string-lights.jpg?w=820" alt="A dinner table with string lights set up overhead and a sofa, an ideal idea to make use of a backyard patio." />
Embrace the enchantment of string lights, transforming your patio into a luminous haven. Dive into creative possibilities by draping lights above your dining area, weaving them through trees, or adorning a privacy fence. Opt for durable outdoor-rated options, be it solar or LED, illuminating your evenings with warmth and ambiance.
#7 Serene Retreat: Shelter from the Sun
Escape the sun's blaze and create a tranquil sanctuary with creative shade solutions. Nurture nature by planting trees and vines, crafting both beauty and privacy. Explore the world of pop-up gazebos or adjustable umbrellas for stylish and functional shade options, ensuring your patio remains an oasis of comfort.
#8 Ascend to Green Heights: Vertical Garden Wonders
<img src="https://www.houselogic.com/wp-content/uploads/2023/06/garden-raised-flower-bed-trellis-lattice.jpg?w=820" alt="Vegetables growing in a decorative vertical trellis garden and raised bed." />
Elevate your garden with vertical splendor, embracing plants that climb and flourish upwards. Discover a world of visual intrigue, healthier plants, and enhanced privacy. Unleash your inner gardener with trellises, fabric walls, and vertical herb gardens, redefining your outdoor space.
#9 Eclectic Seating Symphony: Mix and Match Charm
Infuse your patio with eclectic charm by mixing and matching seating pieces. Cohesion can be achieved through materials, colors, or patterns, breathing life into your outdoor haven. Unite diverse elements, creating a harmonious and personalized oasis that reflects your unique style.
#10 Cozy Fireside Escapes: Budget-Friendly Fire Pit
Transform your patio into a haven of warmth and camaraderie with a budget-friendly fire pit. Craft a mini oasis for s'mores and storytelling using heat-resistant pavers. Immerse yourself in the glow of your DIY creation, making memories around a captivating focal point.
Now, gather your marshmallows and kindle the flames of creativity!2023-08-09T11:13:55-07:002023-08-09T11:23:45-07:00Casey Flahertytag:exploringlouisville.com,2012-09-20:21288Investing in Louisville, KY: Top 5 Real Estate Opportunities You Shouldn't Miss<img src="https://assets.site-static.com/userfiles/3106/image/RealEstateBlog.jpg" width="1640" height="924" />
A Beginner's Guide to Real Estate Investing in Louisville, KY
Are you considering diving into the lucrative world of real estate investing in Louisville, Kentucky? Look no further! In this comprehensive guide, we'll introduce you to the diverse types of real estate investments available in this thriving city. Whether you're a seasoned investor or a first-time buyer, Louisville offers a range of opportunities to suit your investment goals.Louisville offers a range of rewarding real estate investment opportunities for both seasoned investors and first-time buyers. Here are 5 popular options to consider:
<a href="https://www.exploringlouisville.com/homes-for-sale-in-louisville-ky/">View single family residential properties for sale in Louisville</a>
<a href="https://www.exploringlouisville.com/condos/">View single family condominiums properties for sale in Louisville</a>
<a href="https://www.exploringlouisville.com/property-search/results/?searchtype=2&searchid=11651766">View multi family properties for sale in Louisville </a>
1. Residential Rental Properties
Residential Rental Properties: These are properties, such as houses or apartments, that are purchased with the intention of renting them out to individuals or families. They provide a steady income stream through rental payments and have the potential for long-term value appreciation.
<br />
Offer stable cash flow and long-term growth potential
Strong demand for rental housing makes this a reliable investment
Options range from single-family homes to multi-unit apartments
2. Corporate Rentals
Corporate rentals refer to properties, often furnished apartments or extended-stay units, that are leased to businesses for their employees, particularly for extended business trips or relocations. These rentals typically offer higher rates and longer lease terms, making them attractive for investors.
<br />
Cater to business travelers with furnished apartments and extended-stay units
Higher rental rates and longer leases mean excellent returns
Ideal for tapping into Louisville's thriving corporate rental market
3. Fix-and-Flip Ventures
Fix-and-flip ventures involve purchasing properties that are undervalued or in need of renovation, making improvements or renovations to increase their value, and then selling them for a profit in a relatively short period. This strategy requires the ability to identify opportunities and execute renovations efficiently.
<br />
Purchase undervalued properties, renovate, and sell for a profit
Louisville's diverse market provides many fix-and-flip opportunities
Requires analysis skills and quick execution, but offers substantial rewards
4. Vacation Rentals
Vacation rentals are properties, such as homes or apartments, that are rented out on a short-term basis to travelers, often through platforms like Airbnb. They are popular in tourist destinations and can command premium prices during peak seasons or special events.
<br />
Capitalize on Louisville's booming tourism industry
Airbnbs and other rentals appeal to travelers seeking unique stays
Can demand premium pricing during peak seasons and events
5. Commercial Real Estate
Commercial real estate includes properties used for business purposes, such as office spaces, retail stores, and industrial warehouses. Investors in commercial real estate can earn rental income from businesses that lease these spaces, and the properties may appreciate in value over time.
<br />
Office spaces, retail, and industrial warehouses appeal to investors
Provides steady rental income and long-term growth potential
Diversifies your portfolio beyond residential properties
<a href="https://www.exploringlouisville.com/buyers/commercial-property-louisville-ky/">Learn how to find commercial property in Louisville, KY HERE</a>
Bonus: REITs
REITs are investment vehicles that allow individuals to invest in real estate without directly owning physical properties. They pool funds from multiple investors to purchase and manage a diversified portfolio of income-generating real estate assets. REIT investors receive dividends from the rental income generated by these properties and can benefit from potential capital appreciation. REITs offer high liquidity because they are traded on stock exchanges.
<br />
Invest in Real Estate Investment Trusts for hands-off exposure
Gain a stake in diversified portfolios without direct management
High liquidity compared to owning properties directly
Congratulations! You've now embarked on your Real Estate Investing 101 journey in Louisville, KY. From residential rentals and corporate accommodations to fix-and-flip ventures and vacation rentals, this vibrant city offers an array of investment opportunities to suit your preferences and financial goals. As you explore the diverse types of real estate investments, remember we are always here for you at the Segrest Flaherty Group! Feel free to reach out to us today for a free consultation so we can explore the best investment path for you.<br /><br /><br /><br />
2023-08-03T12:49:35-07:002023-09-20T11:07:33-07:00Casey Flahertytag:exploringlouisville.com,2012-09-20:21240June 2023 | Louisville KY Real Estate Market Stats<img src="https://assets.site-static.com/userfiles/3106/image/New_Blog_Post_Title_Instagram_Post_Facebook_Cover.jpg" width="1640" height="924" />
Welcome to the exclusive market insights presented by Segrest Flaherty Group, your trusted real estate experts in Louisville, KY. In this article, we, Segrest Flaherty Group, delve into the heart of Louisville's real estate market, meticulously examining the year 2022 and comparing it to 2023. Through our in-depth analysis of critical metrics such as new listings, pending sales, closed sales, days on market, and median and average sales prices for single-family homes and townhouses/condos, we provide you with unmatched insights to navigate the housing landscape.
Single-Family Homes: Illuminating the Trends
New Listings and Pending Sales
In 2023, there was a significant 22.4% decrease in new listings for single-family homes compared to the previous year, as observed by Segrest Flaherty Group, indicating a shift in seller activity. Concurrently, pending sales experienced a substantial 31.6% drop during the same period, suggesting a change in buyer demand.
Closed Sales and Days on Market
Segrest Flaherty Group noted a 24.2% decline in closed sales for single-family homes in 2023 compared to 2022. Additionally, the cumulative days on market until sale increased by 64.7%, implying that homes took longer to sell.
Median and Average Sales Prices
Through our keen market insights, Segrest Flaherty Group observed a steady 3.8% increase in the median sales price for single-family homes in 2023, indicating consistent growth in property values. The average sales price experienced a more significant rise of 8.4%, suggesting potential price appreciation in the market.
Townhouses/Condos: Unraveling the Dynamics
New Listings and Pending Sales
For townhouses and condos, 2023 saw a decline in both new listings (-4.8%) and pending sales (-22.3%) compared to the previous year, as identified by Segrest Flaherty Group.
Closed Sales and Days on Market
Closed sales for townhouses and condos also experienced a dip of 15.7% in 2023, while the cumulative days on market until sale decreased by 13.8%, indicating a slightly faster selling process, as observed by Segrest Flaherty Group.
Median and Average Sales Prices
The median sales price for townhouses and condos increased by 3.4% in 2023, reflecting steady price growth, as identified by Segrest Flaherty Group. Similarly, the average sales price rose by 4.7%, indicating sustained demand in this segment.
Conclusion
As Louisville's leading real estate group, Segrest Flaherty Group unveils the intricacies of the 2022-2023 market trends. While there was a decline in new listings, pending sales, and closed sales for both single-family homes and townhouses/condos, the median and average sales prices demonstrated positive growth in both segments.
With our expert insights, we empower you to make well-informed decisions, whether you're buying, selling, or investing in real estate. Trust Segrest Flaherty Group to provide you with unmatched expertise, unwavering support, and a personalized approach, ensuring your journey in Louisville's real estate market is a resounding succes2023-07-26T21:28:42-07:002023-07-31T19:29:03-07:00Casey Flahertytag:exploringlouisville.com,2012-09-20:19079Picking the Perfect Paint Color! 5 Colors That You Can’t Screw Up
#2 might surprise you.
<img src="https://www.houselogic.com/wp-content/uploads/2018/04/wall-paint-colors-retina_retina_4cd77f994685e6d75360e4db98f6c43b.jpg?crop&resize=1024%2C683" srcset="https://www.houselogic.com/wp-content/uploads/2018/04/wall-paint-colors-retina_retina_4cd77f994685e6d75360e4db98f6c43b.jpg?crop&resize=375%2C250 375w, https://www.houselogic.com/wp-content/uploads/2018/04/wall-paint-colors-retina_retina_4cd77f994685e6d75360e4db98f6c43b.jpg?crop&resize=640%2C427 640w, https://www.houselogic.com/wp-content/uploads/2018/04/wall-paint-colors-retina_retina_4cd77f994685e6d75360e4db98f6c43b.jpg?crop&resize=960%2C640 960w, https://www.houselogic.com/wp-content/uploads/2018/04/wall-paint-colors-retina_retina_4cd77f994685e6d75360e4db98f6c43b.jpg?crop&resize=1024%2C683 1024w, " alt="Charcoal paint on an accent wall in a home living room" class="image-wrapper__img" sizes="(max-width: 375px) 375px, (max-width: 640px) 640px, (max-width: 960px) 960px, 1024px" loading="eager" />
n a world where there are quite literally millions of paint color options, how do you tackle the daunting task of choosing the right one for your house!? It’s a little overwhelming, especially when you think white means white and find out that it’s actually pinkish, or blueish, or yellowish...after you’ve repainted an entire room.
Today we’re diving into my five fail-proof paint colors, ones that are tried and tested - that you can’t screw up.
1. A Perfect White
I typically go for one that doesn't pull other colors and is a little desaturated, like the color of paper! Did you know that you can take a sheet of printer paper into your favorite paint store and they will color match it?
<img loading="lazy" src="https://static.houselogic.com/content/images/wall-paint-colors-printer-paper-standard_1e66d58a8dd74d7e28c2eec1bdfeaed2.jpg" alt="Living room with paper white walls" class="wp-image-64586" />
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2. Deep Black
Just like white, black is really easy to see other colors coming through. I usually go for one that is a little warmer, that way it doesn’t read too purple or blue. A great way to test your colors is to line them up against a white background, you’ll immediately be able to see what hue they favor!
<img loading="lazy" src="https://static.houselogic.com/content/images/wall-paint-colors-black-retina_retina_2bd6e94d818082c392bbe2ebb17d3628.jpg" alt="Black accent wall in a bedroom" class="wp-image-64587" />
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3. Green
Green is on the dawn of a huge moment. You’re going to see it everywhere, from kitchens to exteriors. Olive is a great balance between embracing the color without making it too in your face; it’s a deep muddy green and a great color for an accent wall.
<img loading="lazy" src="https://static.houselogic.com/content/images/wall-paint-colors-green-standard_d6433710a48a48be8b7140104348a5e2.jpg" alt="Green wall paint in a home" class="wp-image-64588" />
4. Pink
Pink can be a bit harder, but it’s undeniable that this color has evolved from a shade for little girls to something completely universal. Stick to lighter hues that have a some warmth to them. That way the paint will appear more blush and less childish.
<img loading="lazy" src="https://static.houselogic.com/content/images/wall-paint-colors-pink-standard_307e10431ab3ebf03f67ce4f549f1c1d.jpg" alt="Children's playhouse painted pink" class="wp-image-64589" />
5. Charcoal
Moody, moody, moody. Charcoal straddles the line between almost black and gray. This color is a great way to make a statement, whether you’re using it on an accent wall or covering your entire room. If you’re struggling to find a great charcoal, but have a certain black paint that you love, try asking the paint counter to mix the black at 75% strength!
<img loading="lazy" src="https://static.houselogic.com/content/images/wall-paint-colors-charcoal-retina_retina_5e6e760e4faa607dc83301f80f8c0481.jpg" alt="Charcoal paint in a home living room" class="wp-image-64590" />
Remember to Sample the Paints!
If you’re testing out different colors, make sure to place the paint samples on all of the walls in the room. The colors can appear very different depending on the location of the source of the light and the colors outside of your window.
This happened to me once when we were testing paint colors in my in-laws’ house in Southern Utah where the dirt is red. When we were testing white paint colors, they were all looking very pinkish. It wasn’t until we tried the colors on another wall that we realized that the colors were reading pink on a wall that had the window light shining on it. The sunlight was reflecting off of the red dirt and making our paint look pink! Now that the yard is properly landscaped the colors are reading the proper white shade.
At the end of the day, remember that it’s just paint. If you don’t love the end result, it can easily be changed! I’ve had my fair share of paint fails and all it took to fix it was a quick trip to the hardware store and another coat of a better color!
2021-11-12T09:31:00-07:002022-12-12T14:29:32-07:00Sydney Swansontag:exploringlouisville.com,2012-09-20:190706 Tasks Every Homeowner Should Do in NovemberWith THE HOLIDAYS coming at you fast and furious, you want to be sure your home is cozy, but with that <a href="https://www.houselogic.com/organize-maintain/cleaning-decluttering/quick-cleaning-tips/">fresh-as-spring feel</a> — as opposed to that musty-damp-winter feel.
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Here's how to make that happen (along with a few other timely tips):
#1 Clean Bed Pillows
<img loading="lazy" src="https://static.houselogic.com/content/images/fall-home-maintenance-bed-pillow-standard_e400415977657d8e7fe3a9af0d711904.jpg" alt="A bed with white lines and fluffy blue-green pillows" class="wp-image-65064" />
Image: <a href="http://www.oaklandavenueblog.com/" rel="nofollow noopener noreferrer" target="_blank">Laura W.</a>
You love your trusty, old, perfectly-snugged-to-your-head pillow. But guess what's also snug against your head? Fungus — 4 to 16 species to be precise. Gross!
With fall being the height of guest season, you'll want your pillows fresh, too. Pop them in the washing machine and dryer for an all-over clean feeling. (But check manufacturer advice, too. Some pillows shouldn't be washed, but replaced instead.)
#2 Clean the Mattress, Too
<img loading="lazy" src="https://static.houselogic.com/content/images/fall-home-maintenance-mattress-retina_retina_6717a0f705a38f15f150a8cce0e8e411.jpg" alt="A pink note attached to a mattress" class="wp-image-65065" />
Image: Anne Arntson for HouseLogic
Sleeping soundly gets even better when you know you're lying on a clean and fresh mattress. The yuck factor: Skin cells and sweat get into the mattress, then dust mites show up for a dinner party featuring those tasty skin cell morsels.
You'll want your mattress to be at it's freshest. It's easy to do: Vacuum it and then wipe it down with a cloth dampened with an upholstery shampoo. But be sure to let it dry; otherwise, you're inviting mold. Also, be sure to rotate it 180 degrees to help keep it lump-free.
(Another option: If you've got a flippable mattress, go ahead and flip it. That, too, can help kill the yucky mites.)
#3 Insulate Windows
<img loading="lazy" src="https://static.houselogic.com/content/images/fall-home-maintenance-roman-shade-retina_retina_02ef54125a506447bad6b856ab32f2a0.jpg" alt="A living room with couch and blue roman shades on window" class="wp-image-65066" />
Image: <a href="http://nsphotography.co.uk/" rel="nofollow noopener noreferrer" target="_blank">Nick Smith</a>, photographer | <a href="http://claregaskin.com/" rel="nofollow noopener noreferrer" target="_blank">Clare Gaskin Interiors</a>, designer
Bone-chilling drafts seriously detract from the cozy vibe you want. Keep it cozy by hanging drapes as close to your windows as possible to help you keep the heat inside.
You can even add clear Velcro strips or dots to the back of the drape and attach to fasteners on the wall to help insulate. Be sure to cross one drape over the other when you close up for the night. Insulating shades can do the trick, too.
#4 Stock Up on Snow Supplies
<img loading="lazy" src="https://static.houselogic.com/content/images/fall-home-maintenance-snow-blower-retina_retina_9ff0cfc61b27aa93047ead640d6e7634.jpg" alt="A man in a blue coat using a snow blower in a neighborhood" class="wp-image-65067" />
Image: Chiyacat/Getty
If snow is a given where you live and you're lacking supplies, take advantage of seasonal sales now to make sure you're not the one rushing to the hardware store at the last minute — only to find out they just sold out of ice melt.
If you have a snow blower, be sure to have it serviced and fueled up before the first winter storm arrives — and with it, price hikes on all the snow stuff.
Related: <a href="https://www.houselogic.com/organize-maintain/home-maintenance-tips/3-hacks-make-shoveling-snow-snap/">3 Brilliant Hacks to Make Snow Shoveling a Snap</a>
#5 Trim Tree Branches
<img loading="lazy" src="https://static.houselogic.com/content/images/fall-home-maintenance-trim-branches-retina_retina_871376390852570cfcedd30278356fce.jpg" alt="A woman with a green short-sleeved T-shirt trimming branches" class="wp-image-65068" />
Image: Michele Constantini/PhotoAlto/Getty
The last thing you need is a winter storm loosing the wrath of that mighty tree whose branches are angling over your roof. Long limbs invite pests to explore your roof and allow excess water to seep into cracks in the roof or siding.
Keep limbs and branches at least 3 feet from the house. Plus it's easier to trim branches after leaves have fallen. (If it's an evergreen, well, sorry about that. It'll be a prickly job, but the bonus is you'll have greenery for the holidays!)
Related: <a href="https://www.houselogic.com/organize-maintain/cleaning-decluttering/dirtiest-places-in-your-home/">7 Dirty Places Your Guests See, But (Shock!) You Don't!</a>
#6 Get a Chimney Sweep to Inspect the Fireplace
<img loading="lazy" src="https://static.houselogic.com/content/images/fall-home-maintenance-fireplace-standard_fba5a7a39d5c1f65c66a3d60737d1f1c.jpg" alt="A woman sitting on a couch with two dogs by a fireplace" class="wp-image-65069" />
Image: <a href="http://wellnessthroughmovement.co.za/" rel="nofollow noopener noreferrer" target="_blank">Wellness Through Movement Pilates Studio</a>
<a href="https://www.houselogic.com/organize-maintain/cleaning-decluttering/how-to-clean-fireplace/">It's time to dust off and sweep the chimney!</a> Best to hire someone who knows wood-burning fireplaces. A professional chimney sweep will ensure your wood-burning fireplace burns more efficiently and will help prevent chimney fires and carbon monoxide poisoning during the winter. So, yeah, it's pretty important.
Tip: If you don't already have a chimney cap, this is also the time to add one to stop wild outdoor critters from crawling down it — and (yikes!) into your house.
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2021-11-10T10:34:00-07:002022-12-12T14:27:41-07:00Sydney Swanson