Welcome to Avery Ranch. Welcome to my neighborhood. I’m Eric Peterson, Broker and owner of Kopa Real Estate and Avery Ranch homeowner since 2007. Today I wanted to talk with you about the top 10 reasons I love living in Avery Ranch.

1. Avery Ranch Community Pool

With 6 pools in the neighborhood living in Avery Ranch is like being on vacation every day. Residents can use any of the pool areas no matter which section of the neighborhood you live in. The pool at the Main Amenity Center is a great place to hang out with friends and family. Residents can rent the pavilion or community center for parties, or just pack a cooler and enjoy the day. One of the great things about Avery Ranch is the neighborhood Avery Ranch Redfish swim team. Kids in…

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Predictions, Predictions, Predictions

If you like real estate statistics and charts as much as I do July is a fun month. We attended both the Home Builders Association of Austin Mid Year Update as well as the Austin Board of Realtors Market Update with Dr Jim Gaines from the Real Estate Center at Texas A&M University. Inside we share some of the more interesting slides. If you would like a copy of the entire slide deck text us your name and email to 512-791-7473.

The home builder’s presentation focused on supply and demand as the builders are struggling to keep up with the number of people wanting to buy in our area. To keep homes affordable builders are having go further out to find land cheap enough to build on, build on smaller lots (one builder…

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Homeowners often ask our opinion about home improvements they are planning to make and if they will increase the value of their home. Before I consider any home improvements at my own home I like to step back and think about them at a higher level and here is the thought process I go through before I get in my car and head to Home Depot.

Will It Solve My Problem?

Especially before starting a large project I ask myself if it will solve my problem.

The best example of a mistake I have seen is a homeowner who was told by a different Realtor his house isn’t worth as much as another home because the master bedroom was upstairs. Based on this information the homeowner spent $90,000 to add a 2nd master bedroom downstairs. In the end the…

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One of the most common questions we are asked about Avery Ranch is “Is Avery Ranch located in Austin?”

The answer is “Yes!” One of the best things about living in Avery Ranch is you are living in Austin and you get to tell all your friends you have a cool Austin address.

I am Eric Peterson, Broker and owner of Kopa Real Estate and an Avery Ranch homeowner since 2007.

Avery Ranch is located in North Austin close to the fast-growing suburbs or Round Rock and Cedar Park. Avery Ranch is only 19 miles from downtown Austin, 9 miles from The Domain and 5 miles from the North Austin tech corridor including the Apple campus.

Most of Austin is located in Travis County. Avery Ranch is located in Williamson County. The advantage of living in…

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Whenever you are ready to talk about getting your home Sold Fast! at a premium price contact Eric Peterson directly at 512-791-7473 or eric@koparealestate.com.

 

Have a Question?

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The most important date in a real estate contract is the closing date. That’s the day we celebrate and you get your money!

The closing date is one part of the contract that is negotiable between the buyer and seller. Please consider carefully the closing date you are committing to BEFORE signing a contract.

When agreeing to a closing date here are a few things to consider…

  • Once a contract is signed the seller does not have the right to change the closing date without the agreement of the buyer.
  • The buyer will expect you to have moved out of the house and your home to be clean so they can do a final walk through the afternoon/evening before closing or the morning of closing.
  • We recommend closing as soon as possible. Every day…

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Congratulation, your home is under contract! The next step will be for the buyer to schedule an inspection. Here is some information to help you understand the inspection process.

  • The inspection will take about 4-5 hours and you should not be home for the inspection.
  • The inspector is licensed and will have access for the lockbox.
  • Buying a home is an exciting and also scary time for a buyer. Often the agent, the buyer and sometimes family will attend the inspection. Please make sure to secure any firearms, medications and valuables during the inspection.

 

Preparing Your Home

The inspector is not supposed to move things in the house. He also will not attempt to fix anything. A few suggestions to make the inspectors…

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Looking back at the first half of the year and it has been very interesting. The overall market has been very good. Interest rates are about 1% below what they were at the end of last year with many clients getting rates near or under 3.5%. Something that may surprise you is the number of investors buying homes. 40% of our listings so far this year have sold to investors. Even more surprising is the amount of money being “parked” in the area. Joyce has a client from China who has bought 6 homes this year. What that means for you? If you are a first time homebuyer it is tough to compete with investors, especially if they are paying cash. For potential home sellers investors are likely to offer you a leaseback which may get you off the…

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Getting pre-qualified or pre-approved should be your first step towards buying a home. Here’s what the difference is between the terms.

PRE-QUALIFICATION

Pre-qualification is the initial calculation done to estimate how much you are able to borrow from a mortgage company. Sometimes this is done by a mortgage banker/broker and it is also possible to receive a pre-qualification from an online lender. To receive a pre-qualification you will provide information about your income, debts and assets. Based on that information provided the lender will calculate an amount you can borrow. For a pre-qualification there is no verification done, the lender is only going off the information you provide. There is no guarantee the lender will make you a loan…

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