Venetian Estates News January 2020

Real Estate and More

VE Market Update

There are currently five Venetian Estates homes/lots on the market for sale with prices ranging from $550,000 to $1.8 M.

In 2019 there were 7 recorded MLS sales in our subdivision ranging in price from $430,000 (off-water) to over $1M. Three other sales were unrecorded, as they sold pre-market. November and December proved to be a very busy time for FBRE, not only in Venetian but in surrounding neighborhoods as well.  In December we sold a gorgeous two- acre tract on Lake Eldridge adjacent to Paradise Point on Highway 90A. We represented the buyers in this transaction and convinced an unwilling and unmotivated owner to sell! The transaction was a win-win for both parties and our client is in the process of planning for what will be a stunning new home.

We were invited by Stewart Title to attend the  January 2020 economic forecast presentation by Dr. Ted C. Jones, PhD and acclaimed chief economist and Sr. Vice President of Stewart Title Guaranty Company.  There are always major “take-aways” from Ted Jones’ presentations relative to the local residential and commercial markets. According to Dr. Jones if you are considering putting your home on the market February is the month to do so! We have always advised clients that March is the best time so we are very close to being in agreement...perhaps FBRE simply sells its listings more quickly than the average Realtor, so OUR clients can list a bit laterJ. The bottom line is this: If you are thinking of selling please call us now and we will be ready-to-go as soon as the trees are green and the rainy weather is over. We, in Venetian, know how especially beautiful our neighborhood is when the sun is sparkling on our lakes and spring is in the air! We still have buyers waiting for that perfect VE home or lot so give us a call.

New Neighbors

One of our 2019 end-of-year sales was the home located at 914 Piedmont. This property was home to Paula and James Suchma for 50 years! The Suchmas are remaining in the area but have moved to a smaller home with considerably less property than their over ½-acre lot!  Our new neighbor is certainlysomeone you will recognize if you see him around…But as we have promised him to keep quiet…MUM is the word for now.

Our new neighbors at 122 Saint Marks are Kate and Brad Shaffer. Kate is originally from Victoria and Brad grew up in Sugar Land. Kate and Brad met at & graduated from Texas A&M. Brad works in commercial real estate. Kate and Brad moved from a beautiful home in Sugar Mill that sold the first day on the market!

The Shaffers have two children who attend FBCA. Macy will be 5 in February and Clay turned 8 this month.  Clay plays baseball and Macy in into gymnastics. The whole family enjoys golf (Kate played for A & M!), fishing, Aggie sports and anything outside!  The whole family, including their puppy Darcy, is looking forward to meeting more neighbors.

BancorpSouth ATM

Here at FBRE, we are thrilled to once again have access to “fast cash” on the way in or out of Venetian Estates! BancorpSouth recently expanded their retail/personal banking services located in our office building to include a drive-up ATM, and we hope that neighbors are enjoying this convenience.

As the retail business has grown, the mortgage division of this Sugar Land branch remains a shining star of the entire BancorpSouth Bank. This team of bankers is special—they’ve been tremendously successful and truly set themselves apart by creating meaningful, personal relationships with their clients. We’re always pleased to make an introduction if you have yet to meet this VE neighbor!

Coming Soon!

Many of you are familiar with the Belknap Brookside area off Brooks Street, with lovely tree-lined streets, where neighbors often walk and visit in the common area overlooking Oyster Creek. Belknap Brookside is a “neighborly neighborhood,” similar to Venetian Estates in many ways. We have a great listing coming up this week. If you know of anyone who loves the area please tell them to contact us. This home sits on a large tree- shaded corner lot. It has been maintained to perfection and is full of upgrades and updates! Call us to see!