Venetian Estates News - June 2015

News of the Neighborhood
FBRE had two sales in VE this month, and by the time you read this there will be three--in June alone! VE currently has two available properties, two pending sales and six recorded sales (in 2015) on the MLS.  FBRE  listed and marketed five of the six sold homes! We have two more sales in the works--look for updates next month!

Venetian Estates' buyers are exceptional. We all, as residents of this fabulous neighborhood, know that! As values continue to increase, it is a challenge to educate potential buyers/neighbors in order for them to understand and appreciate these values. They cannot call just any Realtor and have them 'run the neighborhood comps.'  There are such variances in square-footage pricing on homes and lots in VE that each property must be carefully considered individually as well as in relation to the marketplace. There are simply too many variables to determine values purely systematically. This is why it is extremely difficult for another Realtor to price your property. Potential buyers want concrete information regarding previous sales in the neighborhood.  We can provide the full extent of that information (ie. exactly why a home/property sold for the price it did and what can this buyer expect in the way of remodeling/new construction costs once they have closed on their new home)--no other Realtor can do that! Kelly Ferguson is considered our “expert” with regard to new construction costs and financing. We have a powerful team that can provide comprehensive neighborhood information in order to ensure that sellers obtain the highest price for their properties and that buyers make prudent, sound investments. By leaps and bounds, we serve buyers and sellers better than anyone else can!

New to the Neighborhood
Two of our newest “new neighbors” have moved in! Zack Yazici purchased the home at 103 Savoy.  Zack as been  in Houston for about 15 years.  He came here as an international student and (“somehow,” he says) got into the luxury automobile business while going to college.  He owns an automobile dealership in the Galleria area and  is mainly involved in wholesale, previously-owned, luxury vehicles.  Zack and his wife Nurra are originally from Turkey. Nurra is there now but will be here in August.  They are expecting their first child!  The Yazicis are moving from Highland Village in Houston. They wanted to move to a safe neighborhood and chose Venetian as the place to live and raise their family. We are so happy to have them here!

Carol and Steve Tralie are our new neighbors at 610 Santa Maria. They already have many friends in Venetian and are excited to begin remodeling their new home.  Carol and Steve are former residents of New Territory. They moved to Texas 23 years ago from Philadelphia, PA.  They have two children, Jennifer Sitton and Jarrod Tralie, and three grandchildren, Keanen (14), Kaitlyn (8), Graham (2), and one more on the way! Steve enjoys playing golf and Carol plays tennis.

Around the Block
Information regarding development of the Imperial Historic District is forthcoming. Johnson Development and the City had hoped to announce the development partners and retailers in the spring, but they pushed the announcement date back to mid-summer. Per our conversations with City Council members and the City Economic Development team, the City is as excited as ever about the future development!

I have been busy this year, not only in VE, but in other neighborhoods as well...Sugar Mill, Sugar Creek, Imperial, Riverstone, First Colony, Memorial, etc. Please remember I love referrals in other areas as well as in VE.  Jeff Johnston and I will soon have a new waterfront listing in Sugar Mill. The home has four bedrooms and a lovely water view.  It needs some updating, but will be priced in the low- to mid-$300s. Keep this in mind for friends and relatives--it’s a great price for waterfront with easy access to freeways!

I am also marketing an 8+ acre estate on Holmes Road in Richmond. The property includes a home, serene lake and first-rate horse facilities. While it has easy access to major thoroughfares, the estate is located off a very private cul-de-sac  There are no restrictions, so commercial development is certainly an option!  Please tell your horse- loving friends about this one! It is a gem!