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Category Archive for: ‘Chester County’

Home / Chester County

Now is the time to be a “Move-up” home buyer. . . 1

“I really need more room, our house is bursting at the seams, but the market is so bad, we just can’t afford to sell right now”.

I hear this statement too often these days. So many people I talk to are scared to death of the current real estate market – like deer caught in the headlight – they just are frozen and can’t decide what to do. They figure since the market is down, now is definitely not the time to be selling their current home and trying to buy a bigger home, even though they may desperately need the room, either because of a growing family, or other reasons.

Let me give a simple example of why this fear is keeping you from the truth. Example Home Buyers – Steve & Kristin – bought their first home back in 2003 for the average price of a Chester County Home, which then was about $325,000. They put 5% down and took a loan of  about $308,000. Today their home would be worth about $360,000 to $370,000, which is still pretty good. Yea, it’s not $399,000 that it was a couple years ago, but that’s still pretty good appreciation. Plus they probably have been paying their balance down.

Let’s assume that they even took a home equity loan of $20,000 3 years ago to put in a new kitchen. So that makes a max of $320,000 that they may owe on the home. With the average cost of 7% to sell real estate in the area, they would still walk away from the sale with approximately $25,000. That’s a good chunk of change to put down on your next home.

Now, if the value of real estate in Chester County is down about 10% -15%, that same percentage is worth more money on a $500,000 home than a $300,000. So, while they may “lose” $10,000 by selling now, they save $20,000 on the purchase, for a net savings of $10,000. If you reverse the example, it doesn’t work in their favor. If home sales improve 10%, Steve and Kristin might sell for $400k, but now their dream home is worth $550,000, which would cost them an extra $20,000, instead of saving $10,000.

I believe the illustration below says it all.

Move Up Buyer Image

If you are considering selling your current home and/or buying, feel free to contact me, Chris LaGarde, for a pressure free consultation. I would love to help bring clarity to your real estate decisions.

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Technorati Tags: Chester County, First Time Home Buyer, Home Buyer, Home Buyers, Move-up buyer, Real estate

Posted on: 06-27-2009
Posted in: Chester County, Useful stuff

Composting Seminar Sponsored at 10 a.m. June 27, West Chester, PA 19380 Comments Off

Composting Seminar Sponsored by Chester County Extension at 10 a.m. June 27 at West Chester Growers Market, Church and Chestnut Streets, or Highland Orchards, 1000 Marshalton-Thorndale Rd., West Chester. Pre-registration payment deadline is June 26. Fee: $20 family, includes free compost bin; pre-registration required with check payable to CHESCO, mail to Chester County Extension, Government Services Building, 601 Westtown Rd., Ste. 370, West Chester, Pa. 19380-0990. Information: 610-696-3500, chesterext@psu.edu.

- Jerene Schroeder

http://www.philly.com/inquirer/magazine/20090619_Garden_Calendar.html

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Posted on: 06-24-2009
Posted in: Chester County, West Chester

City OKs plans for The Flats – The Daily Local News : Serving Chester County Comments Off

City OKs plans for The Flats – The Daily Local News : Serving Chester County

This is a view of The Flats at the former G.O. Carlson metal polishing facility off Lincoln Highway. Staff photo by Amy Dragoo

COATESVILLE — City council unanimously approved both projects for The Flats Monday night — Chetty Builders’ proposed 98 townhome development and Mosaic Development Partners planned shopping center.

Prior to the vote on Mosaic’s plan, City Councilman Ed Simpson bluntly told the audience how difficult it has been to attract developers to the site.

“People are not banging down the door. This property has been put out to bid at least twice over the last six years and no one has stepped forward with a plan,” said Simpson.

City Manager Harry Walker agreed.

“Over the last three years, the Redevelopment Authority put together a request for qualified developers and a request for proposals and from that we got one developer. We negotiated for nine months and they were unwilling to pay anything for The Flats,” Walker said.

Mosaic is paying $2 million for the southern half of the 26-acre former G.O. Carlson site just north of West Lincoln Highway and west of Route 82 next to the Brandywine Creek.

Council President Marty Eggleston said he has been one of the biggest skeptics of Chetty Builders.

“We finally go the information we asked for,” Eggleston said following the vote.

Councilwoman Patsy Ray echoed Eggleston’s comments.

“I’m not a big fan of Chetty, but after looking at the research. We need to bring something to Coatesville. One project comes, others will follow,” said Ray.

While Chetty did not give a presentation Monday of his project, the principal owners of Mosaic, Leslie Smallwood-Lewis and Gregory Reaves, presented a plan called Stone Bridge Crossings for the site.

The biggest attraction is a proposed Fresh Grocer supermarket for the site. Officials from Fresh Grocer had visited Coatesville and were interested. One reason for that, said Small-Lewis, is that the company already has a lender for the $26 million project — the nonprofit, Philadelphia-based company Re-Investment Fund.

Simpson questioned the developer what would happen if they got control of the land and were not successful.

With the approval, the developer will give a deposit but there won’t be a deed to the land transferred to them.

“If we find that this doesn’t work, the land will go back to the RDA,” said Smallwood-Lewis.

Many residents who spoke during the public comment period before the vote were suspicious of Mosaic. One citizen said the company had no proven track record and urged council to wait for another developer. Supportive of Chetty Builders were several residents, including Nancy Potts, who lives at Millview, one of Chetty’s developments.

“I want to put my support behind Mr. Chetty,” Potts said, then added that residents at Millview have been waiting years for him to finish the development.

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Technorati Tags: 19320, Coatesville, Real Estate News

Posted on: 06-22-2009
Posted in: Chester County, Coatesville

Price Reduction on 318 Waynebrook Dr, Reserve at Waynebrook, Chester Springs, PA 19425 1

Better than new! Tons of upgrades, 4 Bedrooms, 3 Baths, Finished basement, 4,125 Sq Ft

318 Waynebrook Drive, Chester Springs, PA 19425

View More Photos & All the Details for 318 Waynebrook Dr., Chester Springs, PA 19425

No detail or feature was overlooked in this meticulously maintained, magnificently appointed home in the Reserve at Waynebrook. This 4 Bdrm, 3 ~ Bath Home is located on a premium wooded lot facing passive open space. This home offers a floorplan with plenty of natural light & a great flow- just perfect for entertaining. Enter into center Foyer flanked by Liv Rm & Din Rm with H/W flrs. Exquisite Kitchen features custom cabinetry, stainless steel appliances incl. a 5 burner gas cook top; granite counters; Italian tumbled marble & handpainted tile backsplash. Kitchen opens to Brkfst nook & a 21~ x 15~ family room w/gas fireplace. On the 2nd level you will find a Master Bdrm with tray ceiling; walk in closet & a grand master bath w/ soaking tub & stall shower. 3 large sized bedrooms complete the 2nd floor. Don~t miss the full finished lower level with 11.5 ft ceilings, wet bar, custom cabinetry, home office, garden wndws & outside access. See agent for list of upgrades too numerous to list in these remarks.

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Technorati Tags: 19425, Chester County, Chester Springs, for sale, Listing, Reserve at Waynbrook

Posted on: 06-20-2009
Posted in: Buyers, Chester County, Chester Springs

Partisanship won’t cure health woes – The Daily Local News : Serving Chester County Comments Off

Partisanship won’t cure health woes – The Daily Local News : Serving Chester County
By JIM GERLACH, Guest Columnist

Medical care is one area where politics and partisanship should not matter.

Patients choose their doctors based on the quality of care and expertise of the provider, not party affiliation.

Doctors do not treat patients from one political party and not the other. Nor do doctors consider whether the drugs they prescribe were patented by a Republican or a Democrat.

Congressional leaders need to take the same approach as they attempt to come up with legislative remedies for our nation’s health insurance system.

Pretty much everyone agrees on the diagnosis.

The current system has left approximately 46 million Americans without health insurance coverage. Further, small businesses and job creators are struggling to provide coverage for employees and their dependents due to skyrocketing premiums.

More than half — about 27 million — of those in America without insurance are small business owners, their employees and dependents, according to the National Federation of Independent Business (NFIB).

While 180 million Americans have employer-provided health insurance, I know that many small businesses want to provide coverage to their workers, but simply cannot keep pace with the rising cost of premiums. The NFIB reported that premiums have increased 113 percent during the last decade.

That’s why I have joined with Congressman Ron Kind, a Wisconsin Democrat, in sponsoring H.R. 2360, the proposed Small Business Health Options Program Act.

This bipartisan legislation would lower the cost and expand access to health insurance coverage for millions of hard-working Americans.

Those goals would be achieved without costly mandates on job creators or a massive expansion of government into doctors’ offices.

The SHOP Act would offer small businesses tax credits of up to $2,000 per year for each employee to provide family coverage for their workers, while self-employed individuals would qualify for tax credits of up to $1,800 annually.

Family farmers, small businesses and other job creators also would be permitted to band together to purchase coverage by participating in statewide and national pools.

This would give small companies the same kind of bargaining power large corporations have wielded for years when shopping for cost-effective coverage.

And the SHOP Act would ban health status ratings in order to protect businesses from large rate spikes simply because one employee gets sick.

In addition to enjoying bipartisan support in the House, this legislation has been endorsed by an array of groups normally on opposite sides of issues, including NFIB, AARP, Service Employees International Union, and National Partnership for Women and Families.

So far this year, congressional leaders have shown little interest in taking the time to debate a broad range of solutions to some of our nation’s biggest challenges.

However, the upcoming debate on various health insurance proposals will provide another chance for congressional leaders to abandon ideology in favor of common-sense solutions.

We’ll see if congressional leaders act more like physicians or politicians.

(Congressman Jim Gerlach represents the 6th Congressional District, which covers parts of Chester, Montgomery, Berks and Lehigh counties.)

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Technorati Tags: local politics

Posted on: 06-19-2009
Posted in: Chester County

PA Turnpike to close for Six Hours Early Sunday in Chester and Montgomery County Comments Off

Placement of Bridge Beams for New Bridge to Close PA Turnpike for Six Hours Early Sunday

Valley Forge to Downingtown, pa 19335 to Shutdown from Midnight until 6 a.m. Sunday

KING OF PRUSSIA, PA (06/18/2009)(readMedia)– The Pennsylvania Turnpike cautions motorists that a 14-mile stretch of the toll road will be closed in both directions for six hours this weekend between Valley Forge (Exit #326) and Downingtown,PA 19335 (Exit #312) to allow a contractor to place beams for a new bridge carrying a local road (Route 252) over the Turnpike in Tredyffrin Township, Chester County.

Beginning at 12:01 a.m. on Sunday, June 21, all westbound Turnpike traffic will be diverted off at the Valley Forge Interchange, Montgomery County, and all eastbound Turnpike traffic will be diverted at the Downingtown Interchange, Chester County. The Turnpike will reopen by 6 a.m. with bi-directional, single-lane traffic restrictions and all lanes will be open and traffic fully restored by 10 a.m. Sunday morning.

Pennsylvania State Police and Turnpike personnel will be available at the Interchanges to help direct motorists and provide an alternate-route card, which provides the best route to re-enter the Turnpike system. The Turnpike Highway Advisory Radio (HAR) will be activated and motorists can tune to 1640 AM for detour information and traffic conditions.

All Westbound Turnpike Traffic MUST EXIT at the Valley Forge Interchange (Exit #326) Take Interstate 76 east (.5 mile) to US Route 202 south (12 miles) US Route 30 west (2.5 miles) to State Route 100 north (5 miles). Re-enter the Pennsylvania Turnpike at the Downingtown Interchange (#326). Eastbound will be open to traffic.

All Eastbound Turnpike Traffic MUST EXIT at the Downingtown Interchange (Exit #312) Take State Route 100 south (5 miles) to US Route 30 east (2.5 miles) US Route 202 north (12 miles) to Interstate 76 west (.5 mile). Re-enter the Pennsylvania Turnpike at the Valley Forge Interchange (#326). Westbound will be open to traffic

The detour route is approximately 20 miles and the directions are produced solely as a convenience to the public. Motorists are encouraged to plan their travel accordingly. For emergencies, dial *11 on your mobile phone.

Saturday night leading up to the closure the contractor will implement single-lane travel restrictions westbound at 8 p.m. and eastbound at 9 p.m. At 10 p.m. State Police will proceed with a bi-directional traffic pace to allow construction crews time to move large equipment into place. All lane restrictions, paces and construction activity will take place within a one-mile work zone at milepost 324 (approximately 12 miles east of Downingtown and 2 miles west of Valley Forge). The Valley Forge Service Plaza, located adjacent to the bridge (eastbound) will be closed at 11 p.m. and all customers will be asked to vacate the premise.

This work is weather sensitive and could be rescheduled in case of precipitation, high winds or lightning. All motorists traveling on this stretch of turnpike are urged to use caution and remain alert for slow-moving or stopped traffic, and to travel at posted speed limits through all highway work zone areas.

Please visit www.paturnpike.com for project-related announcements and updates, including bridge-detour information.

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Technorati Tags: community, news

Posted on: 06-19-2009
Posted in: Chester County, Downingtown

$10,000 Price reduction on 112 Whistling Swan, Marsh Harbour, Downingtown, PA 19335 Comments Off

Price just reduced by $10,000 on 112 Whisting Swan in Marsh Harbour, Downingtown, PA 19335

112 Whistling Swan, Marsh Harbour, Downingtown, PA 19335

View More Photos & all the details for 112 Whistling Swan, Marsh Harbour, Downingtown PA 19335

Enjoy the good life in this beautiful end unit townhome in wonderful Marsh Harbour community. Foyer enters into a large & bright Living Rm w/slate corner fireplace. Dining Rm is open to Living Rm. Eat in Kitchen has Island w/plenty of space for cooking & entertaining. Nice sized Breakfast Room is open to Kitchen area w/sliders to a large deck. Upstairs you will find a Master Bedroom with double walk-in closets and its own tile & marble Master Bath; two additional bedrooms; updated Hall Bath with tile flooring and a very desirable upper level laundry room! The lower level is expansive and features new laminate wood floors, wainscotting, chair rail, window & outside exit. Combine this w/some newer appliances that are included in the sale & you have a home that’s ready to move in! You have the added bonus of living close to Marsh Creek State Park with a 535 acre lake and plenty of outdoor recreational activities including: boating, kayaking, swimming, horseback riding, fishing & so much more!

See more photos & all the details

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Technorati Tags: 19335, Chester County, Downingtown, First Time Home Buyer, Listing, Marsh Harbour

Posted on: 06-19-2009
Posted in: Buyers, Chester County, Downingtown

Victory Beer Dinner at Firecreek Restaurant, Downingtown, PA 19335 Comments Off

June 18 | Victory Beer Dinner at Firecreek Restaurant | 6:30pm
Victory will stop by our new neighbor Firecreek Restaurant for a beer dinner. 20 E. Lancaster Ave., Downingtown (PA) www.firecreek-restaurant.com

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Technorati Tags: 19335, community, Downingtown, Events

Posted on: 06-16-2009
Posted in: Chester County, Downingtown

Restaurant Review: Victory Brewery in Downingtown, PA 19335 1

Victory Brewing Company, Downingtown, PA 19335

Victory Brewery,
420 Acorn Lane,
Downingtown, PA 19335
http://www.victorybeer.com

I love a good restaurant and it’s even better when it has good beer. About a year and a half ago, my family (dad, mom, brother, his wife, my wife and kid) took a tour of the brewery, just for something to do. The tour was really interesting. We then stayed and had dinner. This was before they renovated the restaurant, and the food was decent, and the beer was fantastic.

Since then they have totally renovated the restaurant and it has a great atomosphere and -even better- is smoke free! They also “Quiet” section towards the back, which is great for bringing young children because there is just enough noise that an upset kids doesn’t bother others too much, but not too much noise so that you can’t hear the person across from you.

One really great aspects of going to the restaurant is that they have some fantastic beer on tap that you can’t get elsewhere. Plus you can get a growler of fresh brewed beer filled there for a great price.

Dishes I recommend is the jerk grinder which is pleasantly zippy, and not dry, and the jerk veggie wrap special a moist blend of seasonal vegetables, again hitting the right spice note. I also LOVE the trice fries – “POTATO FRIES, SWEET POTATO FRIES AND LEEKS SERVED WITH CHIPOTLE MAYONNAISE ” – HMMMM good!!

I highly recommend Victory Brewing Company in Downingtown, PA 19335 for it’s beers and restaurant.

Here is some “official language” on the brewery:
Victory Brewing is a privately held microbrewery located in Downingtown, PA, 19335. Begun by two childhood friends on the back of a school bus in 1973, the brewery formally began operations in February of 1996. Victory, Pennsylvania’s widely acclaimed brewery and restaurant, now serves fans of fully flavored beers in 23 states.

Victory Brewing Company serves their innovative beers melding European ingredients and technology with American creativity in 23 states. It is only here at our Downingtown headquarters that our fans can enjoy our award winning beers with American cuisine in the comfort our Brewery Restaurant. Some of our specialties are gourmet pizzas and authentic smokehouse barbeque. Not only can you enjoy drinking our beer, but many menu items are prepared using our beer. Victory welcomes families to Taste Victory and even kids can enjoy Victory with our homemade Root Beer.

Complete your Victory experience by taking a tour of our brewery. Free tours are offered at 4pm on Fridays and Saturdays.

Victory is just off of Boot Road in Downingtown and just five blocks off of Rt. 30 in the Downingtown Tech Center. We are approximately seven miles from the PA Turnpike. We hope to see you!”

MORE INFO:

The Restaurant

Philadelphia Dining Guide Review

The Bar at Victory Brewing Company, Downingtown PA 19335 Interior of Victory Brewery, Downingtown, PA 19335

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Technorati Tags: 19335, beer, community, Downingtown, Restaurant

Posted on: 06-12-2009
Posted in: Chester County, Downingtown

840 Doe Run Rd, East Fallowfield, Coatesville, PA 19320 Comments Off

840 Doe Run Rd., East Fallowfield, Coatesville, 19320

View more photos & get the details for 840 Doe Run Rd., East Fallowfield, PA 19320!
Own a part of History in this lovely, circa 1835 Historic, 4 Bedroom, 2 bath Colonial Home for sale,  loaded with old world charm and updated to suit modern day living conveniences. Known as the ~John Butler House~, this home has historical links to the ~underground railroad~. This home features 4 Bedrooms and 2 Baths. First floor has a Living Room with a gas fireplace & hardwood floors; Dining Room with gas fireplace & H/W floors; an enclosed porch with double sliders. The updated Eat-in Kitchen with newer cabinets also has H/W floors; a full Bath with stall shower and tile flooring and a newer mudroom with built-in cabinetry and tile flooring. The second floor features a newer master bedroom (currently being used as an office); three additional bedrooms and a shared Hall Bath with classic claw foot soaking tub. Many upgrades and additions including replacement of some of the windows. A detached & oversized two Car Garage that has plenty of room for a workshop, car enthusiast, etc.

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Technorati Tags: Coatesville, East Fallowfield, Home For Sale, Listing

Posted on: 06-11-2009
Posted in: Chester County, Coatesville
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Your guide to everything Real Estate in the Chester County and surrounding area.
Brought to you by:

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Chris LaGarde & Caleb Knecht
Keller Williams Real estate
100 Campbell Blvd., Suite 106,
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