Category Archives: Savannah Million Dollar Homes

18 Rockwell Avenue – Luxury Waterfront Living At Its Finest!


Savannah Luxury Waterfront Living At Its Finest!
18 S Rockwell Ave, Savannah GA 31419
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Enjoy Savannah Luxury waterfront living at its finest in this exquisite European/Spanish style estate with luscious, sprawling grounds on 250 feet of the Intracoastal Waterway on the Vernon River. The magnificent property include a 3800-plus-square-foot main residence, an 800-square-foot 2-bedroom, 1-bath poolside cottage — perfect for your au pair or nanny — and a 555 square-foot 1 bedroom, 1 bath house overlooking the deep water dock on a total of 3 acres. Also includes boat slip and boat lift.

Fall in love with the breathtaking views and end your days sipping your favorite drink as the sun slowly fades into the salt marshes!

LUXURY LIVING at its finest, with spectacular views on deep water with private covered dock, boat slip, boat lift, and boat house. This property features an impressive main home of European/Spanish style as well as an apartment/in-law suite, for a total of 5 bedrooms and 4 1/2 baths. BREATHTAKING!!

We have 150+ pictures of this amazing house – contact us for more photos!To see this listing in the waters or any other listing we have in the same area go to www.myhomesavannah.com.

To see a video of the home CLICK HERE or see below…


design elementLogo Color Ed and Lisa

“Let our family help your family find the way home!”
email: [email protected] website: savannahsouthernliving.com

Copyright 2015 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated.

Savannah Homes – Living in Luxury

Thank you to the Savannah Morning News for doing a wonderful piece on our Luxury Listing at 18 Rockwell Avenue in the Sunday paper!  It is truly an amazing, one-of-a kind property!

To read the full article
just click on the picture.

To view more pictures and information on the home go here.

You can also see more of the home by watching this video.

To view more pictures and information on 18 Rockwell Avenue or other Savannah Luxury Homes click here.

Savannah Luxury Home Sales ($500K to $1M+) for 2014

Savannah Luxury Home Report 2014 Year EndSavannah, GA home sales for 2014 came in 4.9 percent higher than in 2013 and 15.9 percent than in 2012 .

View all Savannah Luxury Listings now.

Here’s a look at a chart that shows monthly home sales compared to previous years.

Savannah Home Sales 2014

Savannah Home Monthly Sales 2014

In 2014, more Savannah homes sold in eight of the twelve months compared to 2013 and 2012 numbers. Sales were down slightly in July and October, the same in August, and over 50 units short in April.

Savannah Monthly Home Sales 2014Savannah Home Sales By Quarter

Fourth quarter sales improved by 2.3% over 4Q sales in 2013 — 11.2% higher than 4Q 2012.

Savannah Homes Sales for 2014 (By Quarter)

Savannah Luxury Home Sales priced from $500K to $1M+

If you look at the chart below, you’ll notice that two of the three luxury price tiers saw increase number of homes sold. Only one — $500K-$749K — saw decreases.

The $1M+ price range rose 300 percent, as 9 homes sold for $1 million dollars or more compared to 3 in 2013.

Sales in the $750K to $999K tier climbed 30 percent, as 13 homes sold compared to 10 in 2013.

Savannah Home Sales 2014 by Price Range

Savannnah Luxury Homes — Days on the Market (DOM)

All three luxury price tiers saw declines in the number of days the homes were on the market before they sold.

The $500K to $749K segment was cut in half — from 199 days (2013) to 98 days (2014), while the $1M+ range reduced its DOM by nearly 150 days.

The $750K to $999K held steady — decreasing slightly from 225 days to 224.

Savannah Home Sales 2014 Days on the Market

Savannah Luxury Homes — Price Reductions

In the top three price ranges, only Savannah homes selling for a million dollars or more saw a greater need to reduce prices than in 2013.

Both the $500K-$749K and $750K-$999K segments saw the percentage of price reductions drop compared to 2013 numbers.

Savannah Home Sales Price Reductions 2014

Luxury Homes — Buyer’s or Seller’s Market?

A buyers market exists when the inventory of homes on the market is above 7 months, while a seller’s market exists when the inventory is less than 6 months.

A balanced market exists when inventory is 6 to 7 months.

If you plan to buy a luxury home in the Savannah area conditions are currently in your favor. The $500K-$749K price segment has 21 months of inventory , the $750K-$999K range has 25.5, and the $1M+ price tier stands at 29 months of inventory.

Savannah Home Sales - Sellers or Buyers Market

Looking for a Savannah Luxury Home?

I’d love to work with you. I am well-versed in the ins and outs of the Savannah luxury market and can provide you the attention and expertise you need to find a local luxury home that your unique needs and wants.

Call me today at my personal number — 912-844-9000 — or email me at [email protected] and we’ll get started.

You can also view all our luxury home listings myhomesavannah.com.

How Much Is My savannah Home Worth?

To stay updated on the Savannah Luxury Home Market subscribe to the Savannah Luxury Home Report. 



5 Tips for Finding a Savannah Luxury Home

18 Rockwell Avenue, Savannah, GA 31419

Finding a luxury home in the Savannah area is not always as easy as finding a home in the lower-priced tiers.

(Go here if you want to view all the luxury properties listed in Savannah.)

Many of luxury properties have unique features that make them one-of-a-kind homes. But this can also cause a problem when you try to compare them with other homes in that price range.

This is just one of the challenges luxury homebuyers face. That’s why I want to give you some quick tips for finding the Savannah luxury home you are looking for.

The Luxury Property You Seek May Not Even Be Listed

Many luxury homes aren’t listed due to the seller’s privacy concerns.  So you have to work with an agent that knows how to find those that are off the grid. Sometimes personal connections are more important than the MLS.

Also, some of the larger search engines don’t always have the listing, but you may find it on local real estate sites.

Also, the top agents keep their finger on the pulse of the market and know when a hot deal comes along. But, you have to be ready to act fast.

(Follow this link to sign up for my Red Alert Service if you want to know when an incredible deal hits the market. Many of these homes are bought in only a few days.)

Pictures Don’t Always Tell The Story

Sometimes it’s hard to appreciate a large property from a front elevation photo. Even a great photographer can’t capture unique home in all its glory.

That’s why you should always see the home live.

Also, it’s a good idea to do a search of the property and surrounding area on Google Earth. That way you get an overview of everything around in its vicinity.

Be Ready to Show Them the Money

Many financially successful people have a money manager or accountant and use strategies for sheltering income and assets. While this is a smart way to handle you finances it can present a problem when you buy a high-end home.

So unless you’re paying all cash, make sure you can show the bank you have the income and assets to afford a luxury home.

Don’t Overlook Title Insurance

Mistakes can happen and you need to protect your investment in a high-priced home. That’s why title insurance is a must-have. But make sure you pay careful attention to the exceptions page before you get to the closing table.

Work With an Expert Who Knows Savannah and Luxury Homes

You knew I was going to get here at some point. So let me shoot straight.

Viewing a luxury home is not always as easy as attending an open house. You usually have to set an appointment and work around schedules so make sure you have a real estate agent who knows Savannah and how to get you a viewing.

As I said above, comparable properties can also become an issue when you try and compare higher-priced, one-of-a-kind homes.

That’s why I stay updated on all the luxury home sales in the area.

I’ve also spent nearly 15 years buying and selling real estate in Savannah as an investor. So I know how to locate comparables and value specific home features.

Contact Me Today

I’d love to work with you. You can reach me anytime by calling my private number 912-844-9000 or if you prefer send me an email [email protected] and I’ll reach out to you.

What Luxury Homebuyers Want Most

Chef's KitchenThinking about selling your Savannah luxury home? If so, it’s a good idea to know what luxury homebuyers want most when they buy a house.

(Go here to view all luxury listings in the Savannah area.)

Realtor.com did a study in 2014 that showed what feature, luxury homebuyers thought were most important.

Although first-timer buyers and seasoned luxury buyers  (those buying a luxury home again) had different priorities, they agreed on the top two most important features.

So what do all luxury homebuyers want the most?

  1. Chef’s Kitchen – 54%
  2. View – 44%

But each group had a different idea about what they ranked third. First-timers preferred luxury outdoor living areas, while seasoned buyers sought luxury swimming pools.

Seasoned Luxury Homebuyers

Seek Sound Long-Term Investment

Seasoned luxury buyers focus less on extra space and flashy home amenities. Instead, they look for a home that’s a sound long-term investment, even if they have to spend more.

These buyers will seek homes in neighborhoods that will generate a healthy return — over 30 percent or more in the next five years. They are also more concerned about price per square foot, not overall price.

Privacy and Other Special Features

Repeat luxury homebuyers also value privacy and pay attention to special features like high-end windows or humidification systems that protect valuable furnishings or an art collection.

The house hunters also don’t mind spending more than they’ve budgeted if the house has exactly what they’re looking for.

First-time Luxury Homebuyers

Seek Square Footage

Buyers purchasing their first luxury property prioritized square footage, extra bedrooms, and smart home and eco-friendly features. They also considered privacy important, but not as much as the seasoned buyers.

They also want to move in right away and avoid purchases that require gutting a home or a significant and time-consuming remodel.

Prefer to Live Downtown

Most young, first-time luxury homebuyers prefer living in the downtown area. They value being able to walk to nearby venues, including restaurants, clubs and even farmer’s markets.

They also seek to stay within their house-purchasing budget.

Challenges

About 40 percent of the luxury homebuyers indicated they had a hard time finding properties that fulfilled their criteria fully. Another 20 percent cited the small number of luxury homes on the market as their biggest obstacle to finding what they wanted.

Buying or Selling a Luxury Home? Contact Us

If you’re seeking or selling a luxury property contact us. We have a sophisticated system, utilizing the latest technologies for finding you a home that meets all your criteria. We also maintain a full database of buyer and know exactly what they are seeking in a luxury home.

You can call me at 912-844-9000 or send me an email.

How to Sell Your Luxury Home Faster

Luxury Home SoldSelling a house is not an easy task — and as the price of a home goes up so does the level of expertise need to sell it fast.

(If you’re buying and not selling a Savannah luxury home go here to view all the amazing properties in Savannah’s most beautiful neighborhoods.)

While you can’t control the ultimate outcome, there are steps you can take to place your home in a position to sell faster.

Let’s look at three of them today.

Choose the Right Price

You only have one shot to make a powerful first impression and your home will never get the kind of attention it does when it first goes on the market. So make the most of this opportunity.

Pricing your property too high can drive sellers away and pricing it too low can cause you to leave money on the table. You want to find the pricing “sweet spot” where the property attracts maximum attention, but also brings you the most profit.

To accomplish this, you need an in-depth comparative market analysis of the luxury home and its location.

A qualified luxury agent will review comparative sales data, touring and analyzing other comparable luxury homes on the market, and consulting with other real estate agents who recently sold comparable properties.

Luxury homes are more unique than lower-priced homes, so you need an agent that can take every amenity into account and knows the value of your homes one-of-a kind attributes.

Use Online Marketing

The price of your home makes a big difference in how much attention it attracts, but you also have to market it aggressively.

Almost all agents use some print advertising and direct mail. But in this day and age you need to find an agent that has also mastered the art of marketing through the Internet, on smartphones and tablets, as well as through social media (Facebook, LinkedIn, Twitter, Pinterest).

The Internet and mobile phones have changed how homebuyers shop for real estate. Most start their home search on the Internet and many view listings on a tablet or a smartphone.

At the bare minimum, you want an agent with an active blog or website, a strong social media presence, and one who knows how to present your property powerfully through all the online mediums — smartphone, tablet, laptop, or even desktop.

Engage Through Social Media

As you’ll see below, 74 percent of consumers who are online also have social media accounts. So you need an agent who is well versed on how to get maximum exposure for your property and engaging buyers through social media channels.

Screen Shot 2015-01-06 at 8.17.32 AM

The cold, hard reality is many real estate agents don’t use or understand how to use social media to its full extent. They don’t consider it a vital part of your property’s marketing strategy.

Contact Me Today

I can provide you all these marketing advantages — detailed analysis for pricing your home right and expertise in Internet and social media marketing. I also do all the other traditional programs, including targeted direct mailers, open houses, virtual tours, videos, etc.

I’d love to sit down and talk with you further about how we can customize a marketing strategy for your one-of-a-kind home. Simply go here, email me at [email protected] or call me at 912-844-9000.

Luxury-Priced Home Sales Leading the Housing Market

Luxury Priced HomesThe S&P 500 is up nearly 12 percent for the year and many homebuyers feel confident enough about their finances and the economy to buy high-priced homes.

Go here to view all the luxury listings ($750,000 plus) in the Savannah area.

In October, sales for $1 million-plus dollar homes rose 16 percent over sales in October of 2013 — outpacing all the other price segments. Houses in the $750,000 to $1 million-price range were not far behind, growing 12 percent. So the two strongest segments of the market in October were the top two price tiers. These luxury homes make up about 2.2 percent of total homes sales. (Read more)

Historic Downtown Savannah – A Tour of Savannah Luxury Homes

Savannah Historic District homeSouthern Living’s travel writer, Cassandra Vanhooser has done a lot of traveling over the years and she calls Savannah her “favorite place” noting “few places rival the Historic District’s physical beauty.”

(Go here to view homes for sale in Historic District).

If you’ve ever walked around the area and taken in the majestic live oaks overflowing with Spanish moss, the cobblestone, and the amazing architecture, I’m sure you agree.

I know I do and today I’m excited to introduce you to this beautiful Savannah neighborhood and show you some of the luxury homes in the area.

Many visitors come to Savannah from all over the world and marvel at this enchanting area, but wouldn’t you love to live in this beautiful place.

The Historic District

Chippewa Square

The Historic District is a National Historic Landmark and covers Savannah, as it was originally laid out when it was founded in 1733.  Its 20 squares cover and area of approximately 2.5 square miles.

As you tour the area, you’ll notice many Georgian and Greek Revival homes. Besides the beautiful homes, the first thing you’ll recognize is the 2.5 square miles of historic squares and parks. In the area, you’ll also find a mix of real estate, including restored historic homes, homes in need of restoration, and also some newer construction designed to blend in well with the surrounding neighborhoods.

You’ll also find breath-taking lofts and condos perfect for those who seek a metropolitan lifestyle in the center of the business district. With its many restaurants, art galleries and boutique shops City Market, River Street and Broughton Street offer residents a vibrant and active lifestyle alongside Savannah’s constant flow of visitors.

 View all Historic District homes ranging in price from $500,000 to $2.9 million. 

The Victorian District

Savannah_Historic_Home

Just south of the Historic District, you’ll find the Victorian District, which was developed as Savannahians moved southward after the Civil War.  The area still offers plenty of opportunities for those who want to restore a historic home. Many of the homes, including charming row houses, were constructed in the late 1800’s through the early 1900’s. No matter what type of house you seek, you’re likely to discover a charming garden or garden space that you can revive with a little effort.

Go here to view all Victorian District homes.

If you love history and the romantic and enchanted look and feel of the Old South fused with the energy and creativity of a bustling city, Savannah’s Historic District is likely right where you need to be.

Stay tuned. There are more luxury tours to come. Next post, I’ll help you discover Savannah’s charming beachfront community — Tybee Island.

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