May 30, 2023

Do Home Electric Vehicle Chargers Increase Property Value

EV charger at homeIn recent years, electric vehicles (EVs) have gained significant popularity, leading to increased demand for EV charging infrastructure. Whether you own a Tesla or any other electric vehicle, you might be wondering if installing an EV charging station can add value to your property. Not only does it cater to the growing number of EV owners, but it also offers several benefits to homeowners. In this article, we will explore the benefits of installing an EV charging station and provide valuable insights into how it might increase your home's value or at the very least its desirability compared to other homes on the market.

Does an EV charging station add value to your home?

The short answer is yes. As the adoption of electric vehicles continues to rise, homebuyers are increasingly looking for properties that offer EV charging capabilities. Installing an EV charging station demonstrates your commitment to sustainability and appeals to potential buyers who own or plan to own an electric vehicle. It can set your home apart from others in the real estate market, potentially increasing its market value and attracting environmentally conscious buyers.

Can I make money from my home EV charger?

While making a direct profit from your home EV charger may not be common, it can provide certain financial benefits. Some utility companies offer special EV charging rates, allowing you to take advantage of lower electricity costs during off-peak hours. Additionally, if you have solar panels installed on your property, you can use the excess energy generated to charge your EV, reducing your overall energy expenses. Although it may not result in significant financial gains, the long-term savings can contribute to the overall value of your home.

How much does it cost to have an EV fast charger at home?

The cost of installing an EV fast charger at home can vary depending on several factors. These factors include the type and brand of the charging station, installation requirements, electrical upgrades, and labor costs. On average, the cost can range from a few hundred to a few thousand dollars. It is recommended to consult with a professional electrician to assess your home's electrical capacity and receive an accurate cost estimate tailored to your specific circumstances.

Is it worth charging an EV at home?

Charging an EV at home offers convenience, flexibility, and cost savings. You can plug in your vehicle overnight and wake up to a fully charged battery each morning, eliminating the need for frequent visits to public charging stations. Furthermore, home charging is often more cost-effective compared to public charging options, especially if you take advantage of off-peak electricity rates. The convenience and potential cost savings make home charging a worthwhile investment for EV owners.

If you're considering installing an EV charging station at home, here are some top-rated options available on Amazon:

Installing an EV charging station at home not only adds value to your property but also provides numerous benefits for both current and future homeowners. It showcases your commitment to sustainability, attracts potential buyers, and offers cost savings and convenience. As the popularity of electric vehicles continues to soar, investing in an EV charging station can be a wise decision that enhances both the functionality and marketability of your home. Find homes for sale with EV charging in the San Antonio area.

If you're ready to start your home search in the San Antonio area or looking for the best real estate agent in the area like Liz Petroff, we are here to assist you in finding your dream home.

Posted in Home Technology
Jan. 22, 2018

San Antonio Housing Trends: 2018 Forecast

Downtown San Antonio

It seems that the 2018 San Antonio real estate market forecast can be summed up in one word: growth. Real estate professionals and economists came together for the annual San Antonio Board of Realtors 2018 Housing Forecast event in early January, and the industry elite that were present were buzzing with the potential for the new year. 

Throughout 2017, the real estate market shattered records and continued to perform well, despite challenges with low inventory levels. Now, it seems, that 2018 stands to be an even more remarkable year. So what do potential buyers and sellers need to know? Well, local real estate agent Liz Petroff was in attendance, and brought back all of the most vital information for her clients.

2017: A Record-Breaking Year for San Antonio Real Estate

When it comes to summing up the 2017 real estate market in San Antonio, successful is an understatement. The numbers don't lie — this was a record-setting year for the local real estate industry. Here's a round-up of the market statistic data released by the San Antonio Board of Realtors:

  • More than 30,000 homes were sold in 2017, representing a 4 percent year-over-year increase.

  • The average home price in 2017 was just over $250,000, which also was a 4 percent year-over-year increase.

  • The median home price in 2017 was about $214,000, which was a 5 percent year-over-year increase.

A home that was listed on the market in San Antonio throughout the last year was destined to sell in a matter of moments, regardless of its size or price point. However, it was the luxury homes that were in the most demand. According to the Texas Association of Realtors, luxury homes sales in the state increased by more than 19 percent, generating more than $7.5 billion in sales. This trend was recognized locally as well as statewide, with San Antonio itself seeing an 18.6 percent increase in luxury sales throughout 2017. 

2018: Continued Economic Growth, New Housing will Fuel the Local Market

All experts seem to be in agreement that the stars have aligned and that 2018 looks to be another fantastic year for the local real estate market. One of the largest driving forces behind the thriving real estate market is the growing economy. The San Antonio area is a hotbed for new jobs, and not just any jobs. According to KSAT12, job growth in the region is specifically focused within several pivotal sectors, including technology and cybersecurity. Texas Economist Mark Dotzour explained that nationwide, people are living large metropolitan regions with high costs of living in search of places like San Antonio, where there's high-paying job opportunities as well as affordable living options. 

While the potential for continued job growth and a strengthening real estate market is exciting, real estate experts still have some concerns about the coming year. Rising prices may keep some from participating in the market, high property taxes can deter the expected growth and housing inventory levels are anticipated to remain low. 

These challenges can't be ignored, but the reality is San Antonio continues to rank as one of the best places to live across the country. As people begin to take notice that it's one of the best places to visit, and has one of the fastest-growing economies in the country, the city will surely end up in the national spotlight this year. 

Take Action Today: Find a Committed, Experienced Local Realtor

Liz Petroff is the San Antonio real estate agent that can provide you with the results that you need. Not only does she have experience working with buyers and sellers throughout the community, but she also is committed to professional development by utilizing accurate data to drive results. She is the most informed as well as the most approachable local agent, so there's no question as to who is the best choice for your real estate journey in 2018. To have a customized market report delivered directly to you, contact Liz Petroff today.

Jan. 13, 2018

2018 San Antonio Parade of Homes — Miralomas | Boerne, TX

Miralomas Boerne Texas

The location for the San Antonio 2018 Parade of Homes will be Miralomas in Boerne. Stay tuned for updates on Parade of Homes dates and schedule of events, builders, and ticket information.

Mark Your Calendars for October 6-14, 2018

Saturdays — 10:00 am to 6:00 pm
Sundays — 12:00 am to 6:00 pm
Monday & Tuesday — 3:00 pm to 8:00 pm
Wednesday — CLOSED
Thursday — 3:00 pm to 8:00 pm
Friday — 3:00 pm to 10:00 pm

Here's what you need to know

  • Admission: Discount tickets are $12 at participating Home Depot stores while supplies last, $15 online or cash only at the gate. Children ages 6-17 are $10 each (not available at Home Depot).
  • The homes may not be handicap accessible.
  • "Parade of Homes" signs are generally posted on main thoroughfares directing you to designated parking lots.

This year's builders include Casadomaine Custom Homes, Garner Homes, Mike Hollaway Custom Homes, Prestige Homes, and Sitterle Homes. Prices start from the low $700,000s and range in size from 3,100 to 5,000 square feet.

Parking will be available on site with a short shuttle ride from the entrance to the parade.

The Parade of Homes is organized by The Greater San Antonio Builders Association (GSABA). The tour provides an opportunity to get ideas for your own home, and to see what our area builders are building. For more information call GSABA at (210) 696-3800.

Jan. 8, 2017

San Antonio Housing Trends: 2017 Forecast

Downtown San Antonio

For the community of San Antonio, 2016 was a year of growth and development. New residents are flocking to the city in droves, enamored by the possibility of jobs and a strong economy amidst a welcoming, family-friendly city. However, housing inventory is down at the same time that demand is high — which is driving up home prices. This is good news for home sellers, but intimidating news for those who are hoping to buy a home in San Antonio. So, this begs the question, what does 2017 have in store for the San Antonio housing market? 

2016 Year in Review

Throughout the calendar year of 2016, the San Antonio housing market experienced desperately low inventory rates. According to retired Texas economist Mark Dotzour, there should be about 6.5 months of inventory, but San Antonio consistently had about 3 months worth of inventory on the market. Simultaneously, a rising demand for homes could not be met by developers, who face hurdles with local regulations when it comes to building new subdivisions and planned communities in the area.

Despite these challenges, the housing market was still in a boom year, and the number of sales continued to increase. In fact, according to the San Antonio Board of Realtors, there were 400 more sales in November 2016 than there were in November 2015. In addition, home values continued to rise and sales prices increased significantly throughout the year. 

San Antonio 2017 Housing Market Forecast

On the heels of 2016, the 2017 housing market in San Antonio is expected to remain competitive, and it is predicted that home prices will continue to rise. Dotzour notes that this is excellent news for those who are looking to sell their homes, and his comments are in line with predictions from Trulia, which ranked San Antonio as the 8th hottest real estate market to watch in 2017.

While the market seems to be ideal for sellers, 2017 also holds promise for home buyers who want to purchase real estate in the San Antonio area. Dotzour reminds buyers that they don't need to be discouraged or intimidated by rising mortgage rates. While these rates are on the rise, they are still historically low. The market can expect an influx of buyers this year, as KENS5 Eyewitness News notes that out-of-state buyers have their sights set on San Antonio.

Next Step: Focus on Finding an Experienced Real Estate Agent

As you look toward your goals for 2017, consider your real estate dreams and ambitions. Perhaps this is the year that you upgrade to your dream property, or maybe it's the year that you sell in order to downsize for your retirement. Regardless of your goals, it's critical to have the right real estate agent on your side. Liz Petroff is a dedicated agent who takes pride in her local knowledge and expertise. With a focus on the San Antonio market and an emphasis on personalizing the real estate process, she is able to provide you with the relevant and accurate information that you need to finalize your real estate decisions.

Liz Petroff is a dynamic real estate agent who works for all types of buyers and sellers. Whether you are a first-time home buyer looking to invest in the valuable San Antonio real estate market and want the competitive edge in this seller's market, or you are a home seller who wants to take advantage of the rising home prices, Liz is the agent that you want on your side. To find out the latest information about the current market conditions in San Antonio and to receive a customized market report, contact Liz Petroff today.

Sept. 22, 2016

78247 Zip Code Among 10 Hottest Zip Codes in the U.S. for 2016

According to Realtor.com®, San Antonio's 78247 zip code was ranked #5 on its list of the Top 10 Zip Codes in America. Last year, the 78247 zip was #6 on Realtor.com® list.

According to the report, millenials make up 36% of mortgages in this zip code. Other Texas Zip Codes in the Top 10 include 75495 in Van Alstyne (#47) and 76148 in Watauga, a suburb of Fort Worth, which ranked #1 on this year's list.

2016 Market Statistics for Zip Code 78247

Based on sold data from the MLS, between January 1, 2016 and August 31, 2016...

  • A total of 566 single-family detached homes were sold

  • Of those transactions, 4.4% of the homes sold above San Antonio's August 2016 Average Home Price of $246,515

  • Average home price in the 78247 zip code was $181,798

  • Homes stayed on the market an average of 40 days

More on realtor.com's methodology can be found on the Realtor.com website.

78247 Homes For Sale

You can find every active MLS listing available in the 78247 zip code on SanAntonioTXForSale.com. Some of the San Antonio subdivisions in zip code 78247 include Redland Oaks, Longs Creek, Steubing Ranch, Green Spring Valley, and Preston Hollow.

New listings and price changes are updated regularly throughout the day. You can view photos, maps, school and other information vital to your home search. Sign up for updates on new listings and price changes.

Search 78247 Homes For Sale

Find Homes For Sale by Zip Code

Sept. 21, 2016

San Antonio Housing Trends: August 2016

Downtown San Antonio

Total home sales in the San Antonio area posted the second highest number of sales so far during 2016 with 2,900 homes sold during the month of August 2016. This was also a 13% increase compared to last August. “July ended with over 2,400 transactions still pending which created a boost in our August sales,” said Bob Jacobs, SABOR’s 2016 Chairman of the Board.

Median home price remained virtually unchanged from July at $211,800, but was above the $200,000 mark for the fourth month in a row. To date, over 1,200 more homes have been sold than the same time last year.

The San Antonio Board of REALTORS® (SABOR) reported 3.8 months of inventory in August, which still characterizes a seller's market. In January of this year during the 2016 Housing Forecast, Texas economist Dr. Mark Dotzour reminded us that 6.5 months of inventory represents a balanced housing market. Accoridng to SABOR, the last time the San Antonio housing market saw at least six months of inventory was in November 2012. Dotzour also suggested that more job growth, low interest rates, and increasing home prices suggest San Antonio housing is in good shape for 2016.

About Liz Petroff

Whether you're buying or selling a home in a this market, it is important to be prepared. Liz is available via email or by phone at (210) 464-8100. Liz has helped many buyers and sellers – first-time, relocating, downsizing – through every aspect of the transaction from financing, to property search and valuation, navigating contracts, and negotiating in your best interest.

 

August 2016 San Antonio Market Statistics, San Antonio Board of REALTORS

August 2016 San Antonio Market Statistics, San Antonio Board of REALTORS®

Aug. 16, 2016

San Antonio Housing Trends: July 2016

Downtown San Antonio

For the first time since May 2014, total home sales in the San Antonio area declined compared to the same period the prior year. The 2,850 homes sold during the month of July 2016 was a 2% decrease verses July 2015 total home sales. Despite the decline in sales, the median home price was above the $200,000 mark for the third month in a row at $211,900. Just over 50% of the homes sold in July were priced between $200,000 and $499,999.

The San Antonio Board of REALTORS® (SABOR) reported 3.9 months of inventory, which still characterizes a seller's market. In January of this year during the 2016 Housing Forecast, Texas economist Dr. Mark Dotzour reminded us that 6.5 months of inventory represents a balanced housing market. The last time the San Antonio housing market saw at least six months of inventory was in November 2012 according to SABOR's press release. Dotzour also suggested that more job growth, low interest rates, and increasing home prices suggest San Antonio housing is in good shape for 2016.

“The San Antonio area continues to be one of the most affordable markets in Texas,” said Bob Jacobs, SABOR’s 2016 Chairman of the Board. “For example, the median sales price of a home in Bexar County in July was $200,000 while the median was $335,000 in nearby Travis County and $219,250 in Harris County.”

About Liz Petroff

Whether you're buying or selling a home in a this market, it is important to be prepared. Liz is available via email or by phone at (210) 464-8100. Liz has helped many buyers and sellers – first-time, relocating, downsizing – through every aspect of the transaction from financing, to property search and valuation, navigating contracts, and negotiating in your best interest.

 

July 2016 San Antonio Market Statistics, San Antonio Board of REALTORS

July 2016 San Antonio Market Statistics, San Antonio Board of REALTORS®

July 19, 2016

2017 San Antonio Parade of Homes — Canyons at Scenic Loop

A Parade of Homes for 2016 will no longer take place. Instead, the 2017 Parade of Homes will be held at Canyons at Scenic Loop from May 20-29, 2017. Details have not been announced. Stay tuned for more information!

Mark Your Calendars for May 20-29, 2017

Saturday, May 20 through Sunday, May 21 — 10:00 am to 6:00 pm
Monday, May 22 through Thursday, May 25 — 3:00 pm to 8:00 pm
Friday, May 26 is
DATE NIGHT — 3:00 pm to 10:00 pm
Saturday, May 27 through Monday, May 29 — 10:00 am to 6:00 pm

 

Tuesday, May 23:
The Canyons At Scenic Loop Residents Day
Wednesday, May 24:
Realtors Day (Realtors Get In Free With Real Estate Agent Business Card & Driver’s License)
Friday, May 26:
North Park Family of Dealerships Date Night
Monday, May 29:
Military & First Responders Day (Buy One, Get One Free with ID)

 

The Parade of Homes is organized by The Greater San Antonio Builders Association (GSABA). The tour provides an opportunity to get ideas for your own home, and to see what our area builders are building. For more information call GSABA at (210) 696-3800.

Here's what you need to know

  • Admission: Presale is $11 at participating Home Depot stores while supplies last, or $13 cash only at the gate. Children ages 5-12 are $9 each (no presale discount).
  • This year's builders will be annouced shortly.
  • The homes may not be handicap accessible.
  • Shuttles will transport Parade guests to and from Canyons at Scenic Loop.
  • Parking
    UTSA Brackenridge Avenue Lot 3 [MAP]
    - Friday May 19 - Sunday, May 21
    - Friday, May 26 - Monday, May 29
    San Antonio Rose Palace located at 25665 Boerne Stage Rd, San Antonio, TX 78255 [MAP]
    - Monday, May 22 - Thursday, May 25.
  • "Parade of Homes" signs are generally posted on main thoroughfares directing you to designated parking lots.

Where are the homes located?

Canyons at Scenic Loop is a gated community located in northwest San Antonio just outside of the city limits with access from Scenic Loop Road in the 78255 zip code. Homesites range from 0.5 to 1.5 acres with gorgeous Hill Country views.

Residents of the Canyons at Scenic Loop are served by the Northside Independent School District with private and charter school options in the area. Nearby supercenters of La Cantera and The Rim boast a full range of retail offerings and entertainment venues, and feature an abundance of restaurants.

Find Homes For Sale in Canyons at Scenic Loop

June 14, 2016

San Antonio Housing Trends: May 2016

Downtown San Antonio

The summer home buying season is here! The 2,807 total home sales in the San Antonio area was an increase of just over 13% from April 2016 to May 2016...a 10% increase as compared to the same period last year. No surprise given the population growth of the San Antonio metropolitan area from July 2014 to July 2015, which was 51,285. That's about 141 people per day moving to the San Antonio metropolitan area making New Braunfels the second fastest-growing city in the U.S.

The San Antonio Board of REALTORS® (SABOR) reported the average price of single family homes in May 2016 was $249,024, a 2% increase over the same period last year. That is still below the state’s average price of $271,213 making San Antonio one of the the most affordable markets in the United States.

In the San Antonio area, homes priced under $200,000 made up 46.9% of the homes sold in May. Homes priced between $200,000 and $500,000 accounted for 47.6% of the homes sold and homes priced over $500,000 made up 5.5% of the market. The largest share of homes last month were priced between $200,000 and $250,000, which made up 18% of the market. A total of 15 homes sold were priced over one million dollars.

 

May 2016 San Antonio Market Statistics, San Antonio Board of REALTORS

May 2016 San Antonio Market Statistics, San Antonio Board of REALTORS®

About Liz Petroff

Liz Petroff is a full-time, dedicated real estate professional. Liz has helped many buyers and sellers – first-time, relocating, downsizing – through every aspect of the transaction from financing, to property search and valuation, navigating contracts, and negotiating in your best interest. Contact Liz with your real estate questions.

Feb. 11, 2016

2016 Spring Tour of Homes | San Antonio

May 7 & 8 and 14 & 15 — 11:00 am til 6:00 pm

2016 Spring Tour of Homes San Antonio

The Spring Tour of Homes is put on each year by The Greater San Antonio Builders Association (GSABA). Some of these communities were previous Parade of Homes locations. The tour provides an opportunity to get ideas for your own home, and to see what our area builders are building. For more information call GSABA at (210) 696-3800

Here's what you need to know

Where are the homes located?

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