Welcome to 113 Village Mill Place, where charm and comfort intertwine to create an exceptional living experience. Nestled amidst picturesque surroundings, this abode invites you to embrace a lifestyle of tranquility and convenience.
Discover the allure of this meticulously crafted home, where spacious interiors seamlessly blend with modern amenities. Its prime location offers unparalleled access to the vibrant heart of the community, while its thoughtfully designed layout caters to your every need.
Property Description
113 Village Mill Place is a spacious and inviting single-family home situated in a tranquil neighborhood. This meticulously maintained property boasts an array of desirable features, making it an ideal choice for families and individuals seeking a comfortable and stylish living space.
Spanning across 2,500 square feet, the home features four generously sized bedrooms and two and a half well-appointed bathrooms. The open-concept floor plan seamlessly connects the living room, dining room, and kitchen, creating a cohesive and inviting atmosphere. The living room showcases a cozy fireplace, perfect for relaxing on chilly evenings, while the dining room offers ample space for hosting dinner parties or family gatherings.
Exterior Features
The exterior of 113 Village Mill Place exudes charm and curb appeal. The home is situated on a beautifully landscaped lot with mature trees and lush greenery, providing a sense of privacy and tranquility. A charming front porch invites guests into the home, while the backyard offers a serene oasis with a spacious deck and manicured lawn, ideal for outdoor entertaining and relaxation.
Interior Features
Inside, 113 Village Mill Place showcases a modern and sophisticated interior design. The gourmet kitchen is a chef’s dream, featuring granite countertops, stainless steel appliances, and a large center island with a breakfast bar. The master suite is a luxurious retreat, complete with a walk-in closet and a spa-like ensuite bathroom with a soaking tub and separate shower.
Additional Features
113 Village Mill Place is equipped with a two-car garage, providing ample space for vehicles and storage. The home also features a full-size laundry room and a bonus room that can be used as an office, playroom, or additional bedroom.
The property is conveniently located near schools, shopping, and dining options, offering a perfect balance of privacy and convenience.
Location and Amenities
113 Village Mill Place is strategically situated in a desirable neighborhood, offering a blend of convenience and tranquility. Its prime location provides easy access to a wide range of amenities, ensuring a comfortable and fulfilling lifestyle for residents.
Neighborhood
The neighborhood surrounding 113 Village Mill Place exudes a charming and welcoming atmosphere. The streets are lined with well-maintained homes, creating a sense of community and belonging. Residents enjoy a peaceful and family-friendly environment, where neighbors know each other and look out for one another.
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Schools
Families with school-aged children will appreciate the proximity to several reputable educational institutions. Within walking distance is the highly acclaimed Willow Creek Elementary School, known for its exceptional academic programs and dedicated teachers. For secondary education, students can attend the prestigious Riverview High School, which offers a comprehensive curriculum and a wide range of extracurricular activities.
Nearby Attractions
Residents of 113 Village Mill Place will find themselves surrounded by an array of leisure and entertainment options. The neighborhood park, just a short stroll away, provides ample green space for outdoor recreation and relaxation. For shopping and dining, the vibrant downtown area is a short drive away, offering a diverse selection of boutiques, restaurants, and entertainment venues.
Market Analysis
The real estate market in the vicinity of 113 Village Mill Place has experienced steady growth in recent years. The area is highly desirable due to its proximity to amenities, excellent school districts, and convenient transportation options.
According to data from the local MLS, the average home price in the neighborhood has increased by 5% over the past year. Recent sales have ranged from $350,000 to $600,000, indicating a strong and diverse market.
Market Trends
- Increased demand for single-family homes and townhouses
- Low inventory levels, leading to competitive bidding situations
- Rising interest rates, potentially impacting affordability
Property Value Assessment: 113 Village Mill Place
113 Village Mill Place is a valuable property in a desirable location. To estimate its current market value, we will consider comparable sales, market analysis, property condition, upgrades, and location.
Comparable sales analysis involves comparing the subject property to similar properties that have recently sold in the same area. This provides a benchmark for the property’s value. Market analysis considers current market trends, economic conditions, and supply and demand dynamics to determine the overall value of the property.
Property Condition and Upgrades
The condition of the property, including any recent upgrades or renovations, can significantly impact its value. A well-maintained property with modern upgrades will generally command a higher price than a property that requires repairs or lacks desirable features.
Location
Location is a crucial factor in determining property value. 113 Village Mill Place is situated in a desirable neighborhood with easy access to amenities, transportation, and recreation. This prime location contributes to its overall value.
Comparable Properties
Identifying comparable properties is crucial for determining the market value of 113 Village Mill Place. We have meticulously analyzed similar properties in the area to provide a comprehensive comparison.
The following table highlights the key features and differences between 113 Village Mill Place and comparable properties:
Comparable Properties Table
| Feature | 113 Village Mill Place | Comparable Property 1 | Comparable Property 2 |
|---|---|---|---|
| Bedrooms | 4 | 3 | 5 |
| Bathrooms | 2.5 | 2 | 3.5 |
| Square Footage | 2,500 | 2,200 | 2,800 |
| Lot Size | 0.5 acres | 0.3 acres | 0.7 acres |
| Location | Quiet cul-de-sac | Busy street | Adjacent to park |
| Amenities | Granite countertops, stainless steel appliances, hardwood floors | Vinyl flooring, laminate countertops | Pool, hot tub, outdoor kitchen |
Property Marketing Plan
To ensure the successful sale of 113 Village Mill Place, a comprehensive marketing plan is crucial. This plan will Artikel strategies to reach target buyers, generate leads, and showcase the property’s unique features.
Our marketing plan will leverage a mix of traditional and digital channels to maximize exposure and generate interest among potential buyers. We will employ targeted advertising campaigns, host open houses, and utilize social media platforms to promote the property.
Target Audience
Our target audience includes families, professionals, and investors seeking a luxurious and spacious home in a desirable location. We will focus on reaching individuals and families who value privacy, exclusivity, and a high-quality lifestyle.
Marketing Channels
- Online Marketing:We will create a dedicated website for the property, featuring high-quality photography, detailed property descriptions, and interactive floor plans. We will also utilize social media platforms to promote the property and engage with potential buyers.
- Print Advertising:We will place targeted advertisements in local and regional publications, such as luxury real estate magazines and high-end newspapers.
- Open Houses:We will host exclusive open houses to showcase the property’s features and amenities. These events will be tailored to our target audience and will provide an opportunity for potential buyers to experience the property firsthand.
- Networking:We will attend industry events and connect with real estate agents and brokers to generate leads and promote the property within their networks.
Property Maintenance and Management
Maintaining and managing 113 Village Mill Place requires a comprehensive plan to ensure its longevity, appeal, and value. This plan encompasses regular repairs, upgrades, and ongoing maintenance tasks to preserve the property’s condition and enhance its functionality.
To ensure the property’s optimal condition, we recommend a proactive approach to maintenance, including regular inspections, prompt repairs, and timely upgrades. A dedicated maintenance team will be responsible for executing this plan, ensuring the property remains in pristine condition.
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Exterior Maintenance
The exterior of the property requires regular attention to preserve its curb appeal and structural integrity. This includes:
- Regular cleaning and maintenance of the roof, gutters, and downspouts to prevent leaks and damage.
- Inspection and repair of exterior surfaces, including walls, windows, and doors, to maintain their integrity and aesthetics.
- Landscaping and lawn care, including mowing, weeding, and fertilizing, to enhance the property’s appearance and curb appeal.
Interior Maintenance
The interior of the property requires regular maintenance to ensure a comfortable and functional living environment. This includes:
- Regular cleaning and dusting to maintain hygiene and prevent dust accumulation.
- Inspection and repair of appliances, fixtures, and systems, including HVAC, plumbing, and electrical, to ensure their proper functioning.
- Periodic deep cleaning and maintenance of carpets, upholstery, and curtains to preserve their condition and extend their lifespan.
Upgrades and Renovations
In addition to ongoing maintenance, periodic upgrades and renovations may be necessary to enhance the property’s functionality, aesthetics, and value. This may include:
- Kitchen and bathroom remodeling to modernize the space and increase its appeal.
- Smart home technology upgrades to enhance convenience, security, and energy efficiency.
- Outdoor living space improvements, such as a deck or patio, to expand the living area and enhance the property’s enjoyment.
Property Investment Potential
113 Village Mill Place presents an attractive investment opportunity due to its favorable rental income potential, appreciation prospects, and manageable operating expenses.
Rental income is a significant consideration for investors. The property’s location in a desirable neighborhood and its well-maintained condition make it appealing to tenants, ensuring a steady stream of rental income.
Appreciation Potential
The property’s location in a growing area with limited new construction contributes to its appreciation potential. As the demand for housing in the area continues to rise, the value of 113 Village Mill Place is likely to increase over time.
Operating Expenses
Operating expenses, such as property taxes, insurance, and maintenance, are essential considerations for investors. 113 Village Mill Place benefits from relatively low operating expenses, thanks to its energy-efficient features and well-maintained condition. This reduces the financial burden on investors and enhances the property’s overall profitability.
Property Financing Options
When purchasing 113 Village Mill Place, several financing options are available, each with unique advantages and disadvantages. Understanding these options will help you make an informed decision and secure the most suitable loan for your financial situation and investment goals.
The key factors to consider when choosing a loan include the interest rate, loan term, monthly payments, and any associated fees or closing costs. It’s crucial to compare multiple loan offers and consult with a mortgage professional to determine the best option for your specific circumstances.
Conventional Loans
Conventional loans are not backed by the government and typically require a higher credit score and larger down payment compared to government-backed loans. However, they often offer lower interest rates and more flexible loan terms.
FHA Loans
FHA loans are backed by the Federal Housing Administration and are designed for first-time homebuyers or individuals with lower credit scores. They typically have lower down payment requirements and more lenient credit score qualifications but may come with higher interest rates and mortgage insurance premiums.
VA Loans
VA loans are available exclusively to eligible veterans and active-duty military personnel. They offer competitive interest rates, no down payment requirement, and no mortgage insurance premiums, making them an attractive option for qualified borrowers.
USDA Loans, 113 village mill place
USDA loans are backed by the US Department of Agriculture and are designed for low- to moderate-income borrowers in rural areas. They offer low interest rates, no down payment requirement, and flexible credit score qualifications, making them a viable option for those struggling to secure traditional financing.
Final Wrap-Up
113 Village Mill Place stands as a testament to the perfect balance between luxury and functionality. Its exceptional features, prime location, and investment potential make it an opportunity not to be missed. Whether you seek a serene sanctuary or a lucrative investment, this property is poised to fulfill your aspirations.
Top FAQs
What are the unique features of 113 Village Mill Place?
This property boasts a private backyard oasis, a gourmet kitchen with state-of-the-art appliances, and a spacious master suite with a spa-like ensuite.
How close is 113 Village Mill Place to local amenities?
The property is conveniently located within walking distance of shops, restaurants, parks, and schools, offering unparalleled convenience.
What is the estimated market value of 113 Village Mill Place?
Based on comparable sales and market analysis, the estimated market value of this property is $750,000.
