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Kansas City real estate and community news blog featuring Olathe and Overland Park, Kansas.
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View these Johnson County, Kansas real estate stats for the top cities in Johnson County, Kansas, including Olathe, Overland Park, Leawood, Lenexa, Shawnee, Prairie Village, Stilwell and Gardner, KS.Thanks for visiting this blog. Feel free to visit the Dowell Family Team on: Kansas City Keller Williams WebsiteOlathe, Overland Park and Gardner WebsiteGoogle+Facebook  
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Question: We’re growing out of our house and need help! After getting married my wife and I bought a small 3 bedroom, 1 bathroom home in Shawnee, Kansas for $165,000 in 2003. Now we have 3 kids and we're outgrowing our home. We just had a REALTOR do a CMA for us on our home and we're surprised that comparable homes were selling for $145,000. Ouch!
We came into the house as a couple and are now a family of five. We still love the house but it needs some work (probably $7000) and would be better with an addition and an extra bathroom.
Are we stuck here? Is there a way to get out of this house and into a bigger home without forking over thousands just to get out of our home? We have been looking in Olathe and feel that we'll need to spend at least $225,000 to get what we want. Are there industry inside tips that could help? I know several people who have moved and rented out their house. Is this an option? Thanks for your time. Kendra S. from Shawnee, Kansas
Answer: Dear Kendra, Renting is strong in Shawnee so if the rental payment is lower than your mortgage payment to your lender, it may indeed make sense to rent your home in Shawnee until the economy recovers. Rents are strong in Shawnee and rental properties are in demand. When the economy recovers, you could sell your home.
The other option is applying for a Loan Modification through your lender. I have had clients modify their home loans and now have a fixed rate loans below 3% for the remainder of their mortgage loan period. Mortgage lenders offer their own modification programs and government HAMP Modifications. I suggest contacting your mortgage company to ask for a modification application and visiting the HUD website for government loan modification information, including free HUD counselors.
You may still be able to move out after a loan modification, which would make it easier to cover the cost of your mortgage using the rental income. You would also benefit by writing off the cost of maintaining the house when it is an income property.
If you successfully modify your home loan AND turn it into an income property that produces positive cash flow, and move into a rental property for your family, then you might want to look into qualifying for a home loan to purchase a new home in Olathe. You may find that you can buy a larger home at a lower price than you paid for your current home. Many of my clients are pleasantly surprised at their new mortgage loan payments with the incredibly low interest rates.
Bottom line, homeowners who are not successful in selling their homes have been successful in either a loan modification or renting the home out. You might also get a second opinion on the value of your home. The first REALTOR may have underestimated the value.
Hope this helps, Kendra.
RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Another blog post written by:The Real Estate Wizards of Kansas City
Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers. Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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Top 10 Selling Luxury Home Cities in Johnson County, Kansas
After reviewing the stats for the past 6 months in Johnson County, Kansas, the top 10 cities for selling single family luxury homes in Johnson County, Kansas are:1) Overland Park, Kansas at 68 luxury homes sold2) Leawood, Kansas at 26 luxury homes sold3) Mission Hills, Kansas at 20 luxury homes sold4) Olathe, Kansas at 13 luxury homes sold5) Shawnee, Kansas at 6 luxury homes sold6) Prairie Village, Kansas at 6 luxury homes sold7) Stilwell, Kansas at 6 luxury homes sold8) Lenexa, Kansas at 5 luxury homes sold9) Lake Quivira, Kansas at 5 luxury homes sold10) Fairway, Kansas at 3 luxury homes sold
A luxury home is considered a home listed at $500,000 or greater.
RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Another blog post written by:The Real Estate Wizards of Kansas City
Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers. Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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Question: I'm thinking about selling my luxury home in Leawood, Kansas. Are luxury homes selling in Johnson County?Dorothy L. from Leawood, Kansas
Answer: Great question, Dorothy. Here are the luxury home stats for the past month in Johnson County, Kansas.28 luxury homes sold in Johnson County, Kansas in March, 2012. The average luxury home was listed for $802,742 and sold for $773,632 with the most expensive luxury home selling for $1,950,000.
The top selling areas for luxury homes in Johnson County are Overland Park, Leawood and Olathe. 48% of the luxury homes sold in Overland Park, 21% sold in Leawood and 11% sold in Olathe. Luxury homes also sold in Shawnee, Fairway, Lenexa, Mission Hills, Prairie Village and Stilwell, Kansas.
A luxury home in Johnson County, Kansas is considered a home priced $500,000 or higher.
RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Another blog post written by:The Real Estate Wizards of Kansas City
Comments are appreciated! Go ahead and add your 2 cents . . .
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers. Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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The fastest growing cities in Johnson County since 2000 are:#1: Spring Hill, KS. with 102.22% growth since 2000.#2: Gardner, Kansas with 74.94% growth since 2000.#3: Mission Woods, KS. with 31.5% growth since 2000.#4: Edgerton, Kansas with 30.94% growth since 2000.#5: Olathe, Kansas with 25.91% growth since 2000.#6: Shawnee, KS. with 24.25% growth since 2000.#7: De Soto, Kansas with 20.66% growth since 2000.#8: Overland Park, KS. with 14.36% growth since 2000.#9: Lenexa, Kansas with 13.98% growth since 2000.#10: Leawood, KS. with 11.13% growth since 2000.
Johnson County, Kansas has seen 16.41% growth since 2000.
RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today! Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill
Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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Tour 6 Kansas City foreclosure homes just listed for sale in Johnson County, Kansas. For more information, click on the View Details link or contact the Kansas City Real Estate Network. To view more Kansas City foreclosure homes for sale, go to: Foreclosure Homes.The Kansas City Real Estate Network can setup private viewings of these homes or any other currently listed home in the Heartland MLS. Homes are delivered via IDX from the Heartland MLS. Not all homes are listed by RE/MAX.
| | Property Listings |
|  | 3402 W 138 Street
Leawood, KS | | | MLS Number: 1750831 | | Listing Price: $750,000 | | | | View Details |
|  | 31345 W 137th Street
Olathe, KS | | | MLS Number: 1750683 | | Listing Price: $254,500 | | | | View Details |
|  | 29101 W 185 Street
Gardner, KS | | | MLS Number: 1750684 | | Listing Price: $178,500 | | | | View Details |
|  | 5523 SHERWOOD Drive
Roeland Park, KS | | | MLS Number: 1750681 | | Listing Price: $133,400 | | | | View Details |
|  | 7604 WINDSOR Drive
Prairie Village, KS | | | MLS Number: 1750654 | | Listing Price: $112,900 | | | | View Details |
|  | 23420 W 53rd Terrace
Shawnee, KS | | | MLS Number: 1750740 | | Listing Price: $96,000 | | | | View Details |
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RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill
Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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Tour of 8 just listed distressed and foreclosure homes just listed for sale in Johnson County, Kansas. Homes are located in Overland Park, Shawnee, Olathe and Spring Hill, Kansas.
For more information, click on the View Details link or contact the Kansas City Real Estate Network. |
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| Property Listings |
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 | 5213 W 161ST Street
Overland Park, KS | The Wilderness |
| MLS Number: 1743188 |
| Listing Price: $264,900 |
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| View Details |
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 | 12205 W 104th Terrace
Overland Park, KS | Oak Park |
| MLS Number: 1743180 |
| Listing Price: $179,900 |
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| View Details |
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 | 16109 Linden Street
Overland Park, KS | Retreat at the Wilderness |
| MLS Number: 1743338 |
| Listing Price: $172,500 |
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| View Details |
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 | 10108 W 54th Street
Merriam, KS | Brianwood |
| MLS Number: 1743376 |
| Listing Price: $149,900 |
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| View Details |
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 | 16012 W 148TH Terrace
Olathe, KS | Havencroft |
| MLS Number: 1743283 |
| Listing Price: $144,900 |
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| View Details |
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| 1408 E OXFORD Place
Olathe, KS | Havencroft |
| MLS Number: 1743196 |
| Listing Price: $135,900 |
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| View Details |
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 | 7138 Outlook Street
Overland Park, KS | Prairie View |
| MLS Number: 1743378 |
| Listing Price: $94,900 |
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| View Details |
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 | 109 W Spring Street
Spring Hill, KS | Spring Hill |
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RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!
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| | Tour of 11 Just Listed Distressed in including Foreclosures from Johnson County, Kansas including Olathe, Gardner, Overland Park, and Shawnee, KS.
Thanks for viewing. If you would like additional information on these distressed homes click on the View Details link or contact the Kansas City Real Estate Network.
If you would like to be notified of any new listings coming on the market, feel free to complete an Alert Update of contact the Kansas City Real Estate Network.
This post contains distressed and foreclosures that have been listed by coop agents in Johnson County, Kansas. |
| | Property Listings |
| | 10800 S Whitetail Lane
Olathe, KS | Cedar Creek- Cedar Glen | | MLS Number: 1741782 | | Listing Price: $330,000 | | | | View Details |
|  | 14050 W 147th Place
Olathe, KS | Parkwood Hills | | MLS Number: 1741356 | | Listing Price: $192,000 | | | | View Details |
|  | 215 W Colleen Court
Gardner, KS | Fountain Gate | | MLS Number: 1741558 | | Listing Price: $165,000 | | | | View Details |
|  | 17315 W 156th Terrace
Olathe, KS | Scarborough | | MLS Number: 1741696 | | Listing Price: $143,950 | | | | View Details |
|  | 5512 Knox Avenue
Merriam, KS | Hockers Subdivision | | MLS Number: 1741706 | | Listing Price: $142,500 | | | | View Details |
|  | 26695 W 143 Street
Olathe, KS | Olathe | | MLS Number: 1741551 | | Listing Price: $100,000 | | | | View Details |
|  | 7815 NALL Avenue
Prairie Village, KS | Ridgeview Height | | MLS Number: 1741676 | | Listing Price: $84,900 | | | | View Details |
|  | 12207 W 63rd Terrace
Shawnee, KS | Santa Fe Trail Lands | | MLS Number: 1741864 | | Listing Price: $76,900 | | | | View Details |
|  | 1005 E Lakeview Avenue
Olathe, KS | Fredrickson Addition | | MLS Number: 1741493 | | Listing Price: $75,000 | | | | View Details |
|  | 1608 E Cedar Place
Olathe, KS | Havencroft | | MLS Number: 1741766 | | Listing Price: $74,900 | | | | View Details |
|  | 7514 W 63rd. Terrace
Overland Park, KS | Noland Acres | | MLS Number: 1741924 | | Listing Price: $49,900 | | | | View Details |
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RE/MAX sells more homes than any other real estate company.For a reason...should we talk?Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty Comments are appreciated! Go ahead and add your 2 cents . . .We have 3 easy steps to find you the perfect home . Click here to get started, today!
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Top 7 Johnson County, Kansas Zip Codes with the Highest Sold to List Price Percentage:
1) Overland Park zip code 66221 at 98.4%2) Edgerton zip code 66021 at 97.9%3) Gardner zip code 66030 at 97.7%4) Lenexa zip code 66219 at 97.6%5) Overland Park zip code 66204 at 97.6%6) Olathe zip code 66062 at 97.6%7) Shawnee zip code 66216 at 97.5%
Let us know what you think or add to our blog by writing a comment.
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The Top 5 Slowest Selling Zip Codes in Johnson County, KS. for Real Estate:
1) Olathe zip code 66051 with homes on average selling in 439 days2) Shawnee zip code 66226 with homes on average selling in 202 days3) Shawnee zip code 66217 with homes on average selling in 143 days4) Overland Park zip code 66221 with homes on average selling in 130 days5) Spring Hill zip code 66083 with homes on average selling in 127 days
Let us know what you think or add to our blog by writing a comment.
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