Neighborhood News

Real Service... Real Results                                            August 2009 
  102A Palm Point
Laura Cole & Tana Gaskill
  (561)        (561)
 776-4429    776-4444
 Illustrated Properties
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In This Issue
Real Estate Trends
Featured Property
Hurricane Preparation Tip
Once again we are in hurricane season!  This month we feature a preparedness tip on how to conduct a home inventory for insurance purposes.  This is a valuable tool for any unexpected disaster and will give you peace of mind should you incur a loss.
The summer heat, afternoon thunderstorms and lazy days of August have chilled out the year rounders!
Stay cool,
Laura & Tana
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BallenIsles Sales
 102A Palm Point
Lots of changes in the market place as inventory is now way down with only 104 properties on the market for sale.  That's down almost 30% from our previous average of 135!  Don't be fooled though, many Sellers have taken the summer months off only to re-list their properties in the Fall.  Many other Sellers have just decided to postpone or given up on selling altogether when facing disappointing market pricing.  You can expect to see inventory pick up dramatically after September.
Lots of closings in June and July.  Buyers have noticed the great buys particularly in the moderately priced end of the market.
ADDRESS                                            BR              BA       SALE PRICE
152 Sunset Bay Drive                                        3                    3           305,000
143 Coral Cay Drive                                        3                    2           359,000
118 Victoria Bay Court                                     3                    3           400,000
263 Isle Way                                                     3                    3            420,000
104 Banyan Isle Drive                                       3                    3.5         425,000
125D Palm Bay                                                 3                    3.5        434,000
106 Isle Drive                                                    3                    3           460,000
116 Banyan Isle Drive                                       3                    3           518,700
164 Vintage Isle                                               3                    3           610,000 
119 Pembroke Drive                                        4                    4           650,000
30 Somerset Drive                                            3                    3.5        725,000
125 Vintage Isle                                               5                    5           750,000
106 Windsor Pointe Drive                                3                    4           900,000
108 Windsor Pointe Drive                                4                    4.5      1,015,000
*This representation is based in whole or in part on data supplied by the Realtors Association of the Palm Beaches or its Multiple Listing Services thru 08/03/09.  
To learn more about current Real Estate trends in BallenIsles, click on the links below.

335 Sunset Bay Lane 
     102A Palm Point                  
Stunning water views from this charming 3 bedroom, 2 full bath home.  Features include open, light floor plan, breakfast bar, separate powder room and large screen enclosed patio.  This property has views that will take your breath away!  Also available for seasonal rental with a Sports Golf membership (golf after 12 noon, tennis, fitness and social amenities included).  Priced very attractively at $300,000.
Hurricane Preparation Advice  102A Palm Point
Conducting a Home Inventory
Conducting a home inventory is one of the best ways to recover from hurricane damage.  It allows you to keep a record of what you own which will simplify the process of sorting through damaged items should you need to file a claim.
Ways to Conduct Your Home Inventory
Move from room to room recording the value of each of your possessions.  It is also helpful to keep track of model numbers and stores where you purchased each item.  Here are methods you can use.
  • Notepad and camera - as you take photographs, write down the details of   each item.
  • Video camera - this is an easy method because you can narrate the details of each item while videotaping.
  • Personal computer - personal finance software packages often include a home inventory program.

Tips on Conducting Your Own Home Inventory

  • Make sure you record the contents of closets, drawers and cabinets.  The value of little things can add up quickly
  • Store all lists, photographs and videotapes in a safe place off the premises.  It is a good idea to keep back-ups as well.
  • Update your home inventory.  After making a significant purchase, be sure to add the information to your home inventory while it is still fresh in your mind.
  • Keep all receipts, especially for big items such as jewelry, artwork and collectibles.  Also keep in mind that valuable items may need separate itemized insurance coverage.  Check with your agent.