Acquire Magazine

Volume 13 • Issue 2

Solid Ground:

Featured Developments READ MORE ON PAGE 8

6th Annual Builder & Developer Luncheon READ MORE ON PAGE 18

Beautiful New Home Ready for YOUR Customization READ MORE ON PAGE 15

Center Spread Collector’s Map of Urbandale

Don't want to be taken advantage of when buying a home?

www.TheTruthAboutHomebuying.com Get your FREE report on the top 5 costly homebuyer mistakes!

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We donate 5% of the commission we earn!

$2,000 per year maximum

$137,900

1235 Bellflower Dr. Carlisle Text 123134 to 79564

L@@K $ 1,076.09 Mo. P.I.

$59,900

3414 Bowdoin St. Des Moines Text 122786 to 79564

3600 E. 40th St. Des Moines Text 886421 to 79564

L@@K $ 742.34 Mo. P.I.

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od ele d

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IT PAYS TO BUY OR SELL WITH US!

To ta

lly Re m

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Wh yR en t?

L@@K $ Live here only 177.37 Mo. P.I.

rte r

On e

$199,900

$39,500

3102 3rd St. Des Moines Text 836581 to 79564

Gr ea tS ta

at ed Al lU pd

WE NEED YOUR HOME HERE. LISTING INVENTORY IS LOW!

Ow ne rR es ale

See a SOLD SIGN sooner! www.SWolvers.ValuedAgent.com 515-669-7355

$399,900

9700 NE 23rd Ave. Altoona Text 39196 to 79564 Many Lots Available

Starting at $27,900

102 1st St. S.E. Bondurant Text 27788 to 79564 Commercial Property Approximately 3,640 sq. ft.

Because 5% of what we earn

GOES BACK TO YOUR COMMUNITY!

As of 2/14/13, rates based on a 96.5% LTV FHA 30 yr fixed mortgage rate of 3.25%, zero origination, zero discount. Not all that apply will be approved. Based on a 640 or above credit score. Rates and terms subject to change daily.

See a SOLD sign sooner!

Each office independently owned and operated.

2

Steven Wolvers | Re/Max Suburban 102 1st St. S.E. | Bondurant, IA Call: 515-669-7355 | Email: remaxslw@aol.com Info on all homes: Text the ID # to 79564

24 hour All MLS Listings:

www.SWolvers.ValuedAgent.com

Orton Homes

www.ortonhomes.com

The New Orton Homes Experience

w w w. o r t o n h o m e s . c o m

Zac Bales-Henry

Rachael Harms

Travis Moulton

515-494-1066 Brandon Patterson Rob Orton

Orton Homes, LLC

4800 Mills Civic Parkway, Suite 204 West Des Moines, Iowa 50265 515-864-6816 www.ortonhomes.com

3

Att

Deve entio Land lopers n Owne & rs!

Skid Loader Services • Sod Installation

• Grading New Lots • New Construction

P lu s

Landscaping too!

• • • •

Mulching Planting Edging Updates

Check out our website! www.wdsmlawncare.com Kurtis Wiedmann • 515-971-0408 • Kurtis@wdsmlawncare.com

New Home Site Realty Residential Lots New Home Site Realty is the leader in residential lot sales in the Des Moines metro area. With listings in cities across Central Iowa, New Home Site Realty has flat, daylight and walk-out residential lots for sale in a variety of sizes and price ranges.

From community features, to lot size and price, you’ll find all the information you need on available residential lots in the Des Moines area at our website www.NewHomeSiteRealty.com.

Lots from $18,000 to $150,000 Our Communities

You get a LOT

when you work with me!

April Bitterman Breig 515-783-3608 | april@newhomesiterealty.com 4

Beaverland Meadowlark South Bridge Creek RiverWoods Chevalia Valley Summersfield Copper Creek The Greens at Woodland Hills Creekside The Legacy Crosshaven Tuscany Danamere Farms Wakonda Living Glynn Village Waterford Landing

Inside this issue Solid Ground: Featured Developments........................... 8 Newblood Development................................................ 15 Collector’s Map of Urbandale....................................... 16 6th Annual Builder & Developer Luncheon.................. 18 www.facebook.com/acquiremagazine www.acquiremagazineonline.com/blog Published by Acquire Magazine, LLC || Production partner: EDJE Technologies For information concerning advertising contact: EDJE Technologies at 866-839-3353 Publisher’s Notice: All advertisements for the sale, rental, financing, appraisal, & insurance of residential properties is subject to the Fair Housing Act, which generally makes it unlawful to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, national origin, handicap or family status. Acquire Magazine will not knowingly accept any advertising for the sale, rental, financing, appraisal, or insurance of residential properties that include any unlawful preference, limitation, or discrimination.

These houses just on the market!

5136 69th St Urbandale $225,000

9811 Valley Pkwy | Johnston $325,000

7605 NW 99th Ct | Johnston $379,000

1004 N O St Indianola $200,000

Kim Layland Phone: 515-669-4999 kim@kimlayland.com

Garrett Shetterly 16023 Northpark Dr | Urbandale $284,000

16027 Northpark Dr | Urbandale $298,000

Phone: 515-559-6494 garrett@realestateconcepts.net

Open Houses Every Sunday From 1-3 PM 5

Seller: Iowa Department of Transportation Friday April 5th, at 5:00 PM Central Peoples Company is offering 9 tracts through their Online Auction Service. Something for everyone including building sites, single family lots, farmland, and commercial buildings in Jefferson, Wapello, Warren, and Shelby counties. Sizes for the lots vary from less than an acre up to 30 acres. Properties are live for bidding NOW and will be until bidding ceases on April 5th. For more information on each individual tract and how to bid, visit www.PeoplesCompany.com or www.Peoples.Nextlot.com.

Tract 1

Tract 2

#10996 2.0 Acres, Jefferson Commercial site with 6,200 sq ft and 3,200 sq ft utility buildings, Zoned (M-2) Open Houses: Sunday, March 10th from 1-4 and Thursday, March 21st from 3-6

#11001 29.2 Acres, Wapello Timbered building site or recreational Ground just SE of Ottumwa.

Possibility for water and electric.

Tract 5

Tract 4

#11003 3.3 Acres, Wapello Timbered building site or recreational ground just SE of Ottumwa. Possibility for water and electric.

Tract 7

#11004 15.9 Acres, Jefferson 100% tillable farmland with a CSR of 73.4 Located just west of Batavia.

Tract 8

#11006 3.5 Acres, Warren Acreage lot located east of Hartford.

Possibility for electric and water at the site.

#11007 1.3 Acres, Warren Large, in-town lot located in Carlisle.

Mature trees with possibility for electric and water at site.

Tract 3

#11002 9.2 Acres, Wapello Timbered building site or recreational ground just SE of Ottumwa. Possibility for water and electric.

Tract 6

#11005 2.1 Acres, Jefferson Large, in-town lot located on the northwest side of Batavia. Possibility for city water and electric.

Tract 9

#11008 0.1 Acres, Shelby Great highway location for showcasing and display with 6,500 cars/day located in Harlan.

Call or email agent for auction terms and questions on the properties or bidding process.

Matt Adams: 515-423-9235 Matt@PeoplesCompany.com 12119 Stratford Drive . Clive, Iowa 50325 855-800-LAND . www.PeoplesCompany.com 6

R

AN IDEA IS SALVATION BY

IMAGINATION. - Frank Lloyd Wright

Come visit where imagination resides.

At HomeShowExpo 2013, imagination is the key to the front door. It is where home dreams become reality.

Where no idea is too big, no detail too small.

When you attend HomeShowExpo 2013, you will visit fully furnished homes featuring the latest in home innovation, technology and architectural design, by some of the leading home builders in the Des Moines Metro. Located in Urbandale at the prestigious Bent Creek Estates, and sponsored by the Home Builders Association of Greater Des Moines, this year’s HomeShowExpo is sure to ignite your imagination.

10 • Home & Remodeling Show 2013

Visit and meet imagination at the door.

July 13 - 14, 18 - 21, 25 - 28 For more information or to learn how you can purchase tickets, visit:

DMHomeShow.com

7

>>>>>>>>>>>>>>>>>>>>>>>>>

S

S

S

F e at ure d De v e l opme n t s

S

• Located just 1 mile north of Hickman Ave and Alice’s Rd

• Just west of Otter Creek Golf Course in NE Ankeny

S

• Plat 1 now available

• Plat 5 ready to build on, Plat 6 available May 2013

• Waukee school district • 70’, 75’, and 80’ lots priced from $50-$70k’s • Pre-selling for

Summer 2013 delivery of Plat 2

• NE Ankeny school district • 65’-70’ lots with just 5’ sideyard setbacks, priced in the $40k’s • 36th St I-35 Interstate Exit NOW OPEN!

Verona Hills South

<<<<< Clive >>>>>

Ledgestone

<<< Ankeny >>>

Eric J. Grubb, CCIM <<<< 515-975-7441 >>>>

eric@solidgroundiowa.com 8

Stone Prairie | Waukee, Iowa Plats 2 & 3 Available for 2013 Construction Description: Plat 1 sold out!

34 lots available in Plats 2 and 3 available for 2013 construction.

Stone Prairie is ideally located in one of the metro’s fastest growing communities on SE LA Grant Parkway, adjacent to the existing Waukee Middle School as well as a future school site, and just over one mile from the Waukee High School. Great access to University Avenue, Ashworth Road, I-80 and I-35, and the future Alice’s Road extension.

School District: Waukee Directions: Travel west from Interstate 80/35 on University Ave/Hwy 6 into Waukee, IA. Turn south on SE LA Grant Pkwy and continue approximately one mile.

Stone Prairie is located on the west side of road directly across from Waukee Middle School.

Contact for lot specific pricing, plat maps, and covenants.

Peoples Company Listing #1626

Steve Bruere 515-240-7500 Steve@PeoplesCompany.com © 2012 Diligent Development We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

Diligent Development Group, L.L.C. 12119 Stratford Dr. | Clive, IA 50325 Phone: (515) 240-7500 | Email: info@diligentdevelopment.com

www.DiligentDevelopment.com 9

Orchard Trail | Norwalk, Iowa

Description: Residential lots available throughout the coveted Orchard Hills Development in Norwalk, IA. Now selling lots in Orchard Trail Plat 3. Something for everyone including daylight, flat, walk-out, cul-de-sac, treed lots. Take advantage of the residential tax abatement offered through the City of Norwalk. Located in the highly sought-after school district of Norwalk. Close to schools, parks, and churches. Enjoy the feel of small-town living while taking advantage of the Metro amenities. Development is located 1.3 miles from Norwalk High School, 5.1 miles from Interstate 35, and just a short commute to anywhere in the Des Moines Metro.

School District: Norwalk Zoning: R - Residential Directions: From West Des Moines, travel south on I-35.

Take exit 65 toward Cumming.

Head west on Hwy G14 and continue approximately 5.1 miles. Turn south on Sycamore Dr. into development.

Contact for lot specific pricing, plat maps, and covenants.

Peoples Company Listing #1910

Steve Bruere 515-240-7500 Steve@PeoplesCompany.com Kalen Eastwood Ludwig 515-402-3169 Kalen@PeoplesCompany.com Š 2012 Diligent Development We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

10

Diligent Development Group, L.L.C. 12119 Stratford Dr. | Clive, IA 50325 Phone: (515) 240-7500 | Email: info@diligentdevelopment.com

www.DiligentDevelopment.com

The Grove | Ankeny, Iowa

Description: 29 13 single family residential lots available in Plat 1 of The Grove located in Ankeny, Iowa. Lots have 65’ and 75’ frontages and include a variety of walkouts, daylights, and flats. Located a quarter mile from the proposed Ankeny Catholic School site, just 2.5 miles from the Saylorville Marina, less than 5.0 miles from I-35, and just a short commute to anywhere in the Des Moines Metro. Property sits just north of Cherry Glenn Estates, one of Ankeny’s fastest growing subdivisions.

School District: Ankeny Zoning: R-1 Single Family Directions: From I-35, take the 1st St exit and head west approximately 4.3 miles to Abbie Dr. Turn right heading north on Abbie Dr. and continue 0.5 miles.

Contact for lot specific pricing, plat maps, and covenants.

Peoples Company Listing #10653

Steve Bruere 515-240-7500 Steve@PeoplesCompany.com © 2012 Diligent Development We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

Diligent Development Group, L.L.C. 12119 Stratford Dr. | Clive, IA 50325 Phone: (515) 240-7500 | Email: info@diligentdevelopment.com

www.DiligentDevelopment.com 11

Elegance in the Making

Basement

NEW CONSTRUCTION | $264,900 510 Braeburn Dr. | Norwalk, Iowa Peoples Company Listing Number: #10840

Main Level

Un

r de

Co

tr ns

u

io ct

n

• Spacious ranch plan, over 2,350 finished sq ft • Norwalk School District and 5 year tax abatement • 4 bedroom/3 bath • Vaulted ceilings in main living area • Finished lower level with family room, bedroom • 1st floor laundry and mudroom with cubbies • 1 year builder warranty included Call Kalen for more details about building with KRM Development! Or go to www.krmdev.com.

KRM is proud to present...

NEW CONSTRUCTION | $249,900 507 Braeburn Dr. | Norwalk, Iowa Peoples Company Listing Number: #10919 • Two-story new Emerald Plan by Tanzanite Homes • Norwalk School District and 5 year tax abatement • 4 bedroom/3 bath • Kitchen features granite countertops, pantry, stainless steel appliances and hardwood flooring • Floor to ceiling stone gas fireplace in living room • Master suite with walk-in closet and private bath • 1st floor mudroom with cubbies, 2nd floor laundry • 3 car garage with decorative hardware on garage doors To learn more about the new Tanzanite Homes, a KRM Development Company, please call for more details!

Kalen Eastwood Ludwig 515-402-3169 Kalen@PeoplesCompany.com 12

www.PeoplesCompany.com

Riverside Casino and Golf Resort, Riverside, Iowa

building strong communities.

S inc e 1 9 5 6

Providing civil engineering and land surveying services to the land development and public infrastructure markets.

Our vision is to positively improve the quality of life for those we impact by applying sound, innovative engineering and business principles while enhancing our earthâ&#x20AC;&#x2122;s natural resources.

McClure Engineering Co. 1360 NW 121st. Street | Clive, Iowa 50325 O 515-964-1229 | F 515-964-2370

w w w. m e c r e s u l t s .c o m 13

Big Design Ideas for small homes

There are any number of reasons families might want to make better use of the space they have in their current or new home. As a family grows, their lifestyle changes, and space for storing toys or doing homework is at a premium.

Multigenerational living, where elderly parents, grown children or other relatives all live under the same roof has become common. Or it may just be cosmetic, and the best way to keep clutter at a minimum.

Improved energy efficiency of windows and doors means homes now feature more indooroutdoor connectivity. Moveable walls and outdoor spaces tucked within the homeâ&#x20AC;&#x2122;s floor plan provide for better flexible use of the space, as well as improved privacy in densely populated areas.

The often-unused space under a stairwell can be engineered to accommodate filing cabinets or drawers, or even to create a sanctuary for the family pet complete with a bed and gates to close it off. Drawers built into stair risers are a great place to store small items such as gloves and hats or art supplies.

Home builders and remodelers are responding to the demand by maximizing the utility of living spaces without sacrificing visual appeal.

With creative storage and built-in features, dining rooms can become a home offices or The trend extends to home furnishings as game room in minutes, living rooms can be used for family meals, and foyers can store much well. Murphy beds, where a piece of furniture conceals a bed that can be set up for sleeping in more than coats and umbrellas. few minutes, have been around for many years.

Modern murphy beds are hidden not only in In new home construction, smaller-scale, armoires or bookcases, but new designs feature walkable communities have become popular.

To accommodate the size constraints of a skinny beds that lower from the ceiling electronically at lot, homes are being designed with features like the touch of a button, or fold out from inside a stacked garages where two cars can be housed desk or counter. trunk to hood instead of side by side. Using Other creative, multi-purpose furniture designs flexible walls, attractive flooring material and include dining tables that convert to a billiard a roofless interior garage space, the area can easily be converted to a patio for entertaining. table, bookcases that contain fold-down chairs

14

for when youâ&#x20AC;&#x2122;re entertaining more than the usual number of friends and family, and cocktail tables with trays that pull out for eating in front of the television.

Visit Home Builders Association of Greater Des Moines website www.desmoineshomebuilders.com to learn about more trends in home design, and to find a home builder or remodeler to create the home of your dreams.

by Creighton Cox, Executive Officer Home Builders Association of Greater Des Moines

Single Family Homes Custom Homes Townhomes & Condos Land Development Commercial Build to Suit Construction Management

Newblood Development: an aggressively growing real estate development company in the Greater Des Moines Area. We pride ourselves on blending cutting edge design and top of the line quality, all for an affordable price.

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Featured Properties

s

Developing a new generation of real estate

Verona Hills South Plat 1, Clive Construction has begun on 2 homes within brand new Verona Hills South Plat 1. Great schools and a prime location just north of Douglas on Aliceâ&#x20AC;&#x2122;s Rd. make this a great place to live. Contact the agent today to discuss multiple plans on a variety of lots, homes from $300-$400k.

14809 Horton Avenue, Urbandale Just breaking ground on this new home in Glynmor, an exclusive new plat just north of Douglas Ave. Great plan backing to TREES and PARK with 4 bedrooms, office, and open living/kitchen. Walkout lower level with lots of windows provides for a bright future basement finish. Call to personalize. $383,900

S

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Similar to Photo

16742 Verona Hills Drive, Clive Framing just wrapped up on this energy efficient 4 bedroom 2 story with office and high quality finishes; perfect for your growing family.

Located on lot 9 of Verona Hills South in Clive, this home has a massive backyard! Plenty of time to customize. $352,500

Eric Grubb, CCIM 515.975.7441 Eric@NewbloodDevelopment.com

Similar to Photo

3815 148th Street, Urbandale Custom home now under construction on buyer selected lot in a hot new Urbandale development. Contact agent to discuss your preferred neighborhood, lot, or plan!

Jeff Stanbrough, CCIM

Jen Stanbrough

515.202.6649 Jeff@NewbloodDevelopment.com

515.371.4814 jstanbrough@iowarealty.com

www.newblooddevelopment.com 15

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This map map was was prepared prepared for for This

No part part of of this this work work may may be be reproduced reproduced No or transmitted transmitted inin any any form form without without or written permission permission from from written Steve Peglow Peglow 515-262-2695 515-262-2695 Steve

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Rachel: 515-650-0834 sales@acquiremagazineonline.com www.acquiremagazineonline.com

RECREATION TRAIL

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For map sponsorship, give Rachel a call!

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GRIMES BUSINESS PARK

Trail System

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17

Getting Good: Eisenberg Headlines Housing Talk at 2013 Builder Luncheon The housing market and its role in driving the U.S. economic recovery were major points of discussion during the Sixth Annual Builder & Developer Luncheon presented by Peoples Company and Diligent Development at the Sheraton West Des Moines Hotel.

A crowd of more than 200 homebuilders, developers, investors and real estate professionals joined Peoples Company President Steve Bruere and his team to welcome Dr. Elliot Eisenberg to Iowa for the event, which included updates on local housing developments, lot inventories and predictions for the future.

Dr. Elliott Eisenberg, former senior economist with the National Association of Home Builders

Dr. Eisenberg, returning to Des Monies following his January appearance at a breakout session during the 2013 Land Investment Expo, said on March 1 that the U.S. housing market is finally showing clear signs of a turnaround.

“Housing is doing, relatively speaking, spectacularly well,” he said.

“Not well, but spectacularly well compared to where it’s been.”

Factory utilization rates are nearly fully recovered, and low interest rates are expected to remain, staving off inflation for the foreseeable future. Housing prices, housing sales and housing starts are all up. Consumer sentiment is up, too, as is consumer confidence though the latter is at historical lows. Inventories of bank-owned REO properties have also declined, as well as bank charge-offs on single-family homes.

Both new and existing housing inventories, and vacancy rates, have declined as more people purchase homes or rent apartments. Small business confidence is up, and retail sales have more than recovered, said Dr. Eisenberg. Corporate profits increased dramatically to $1.7 trillion from $1.3 trillion before the recession.

P r e s e n te d

www.PeoplesCompany.com 515-222-1347

18

www.DiligentDevelopment.com 515-360-8687

b y :

www.AcquireMagazineOnline.com 515-650-0834

More than 200 gathered in West Des Moines for the Sixth Annual Builder & Developer Luncheon

“Car sales are stupendously good,” said Dr. Eisenberg, adding that both automobile sales and home sales are key drivers of improving economic conditions, though slow job growth may be a cause for concern. The Architectural Billings Index, a leading economic indicator that typically lags construction by about 12 to 18 months, is also nearly fully recovered. And as housing prices go up, the threat of negative equity is becoming less of a serious problem.

“You need to have cars, which are doing great,” Dr. Eisenberg said. “You need to have houses do well because when the economy improves it’s these sectors that are profoundly dependent on credit to pull the economy out of a recession. If you don’t have these guys going, you can’t get moving all by yourself. You need credit extensions.”

Dr. Eisenberg said in the Midwest foreclosure problems are less of an issue compared with the broader U.S. housing market, and good growth and diversification is helping states such as Iowa standout as above average. He said agriculture in Iowa is “running on all cylinders.”

The Sixth Annual Builder & Developer Luncheon concluded with remarks from Peoples Company representatives Kalen Eastwood Ludwig and Scott Kelly, who spoke on behalf of Peoples Company and Diligent Development. Eastwood Ludwig shared a snapshot of active, pending, and sold inventories for total single-family homes and newly constructed homes in the 18 Central Iowa communities tracked by Peoples Company.

The program also featured statistics and remarks on the number of housing lots available, permits pulled, final plats, lots developed and new construction sold in the past year, as well as a synopsis of Peoples Company and Diligent Development lot inventories and residential developments in and around Greater Des Moines.

Dr. Eisenberg is a nationally acclaimed economist and pubic speaker who places fun and humorous twists on presentations for audiences across the country.

A former senior economist with the National Association of Home Builders in Washington, D.C., Dr. Eisenberg lectures frequently on the economic impact of homebuilding, the consequences of government regulation and strategic business development, among other topics. He suggested homebuilders are enthusiastic with housing prices no longer on a downward trend.

“Housing is doing well. It’s cleaning itself up nationally,” Dr. Eisenberg said.

“The problems that were there and were pervasive are melting away one by one.

The economy is improving. And while the improvement is uneven across all sectors, things are getting good.”

For more about Dr. Eisenberg, including access to his 70-words-a-day blog on the economy, go to www.Econ70.com. More information on Peoples Company may be found at www.PeoplesCompany.com.

Eastwood Ludwig said that in Greater Des Moines, the top five markets for new construction sales in 2012 were Ankeny, Urbandale, West Des Moines, Waukee and Grimes. “We believe with record-low inventories of both existing and new construction homes, the housing market as a whole will return to normalized levels of price appreciation,” she said.

Kalen Eastwood Ludwig of Peoples Company shares local housing statistics with Builder Luncheon attendees.

19

Now Building In

901 NW Abbie Drive, Ankeny Style Setter II Floorplan 1748 SF, 4 Bedroom, 2.5 Bath

1012 NW Abbie Drive, Ankeny Ranch Classic Series Floorplan 1533 SF, 3 Bedroom, 2 Bath

or Call f

g Pricin l s!

Detai

Single family residential lots available in Plat 1 of The Grove located in Ankeny, Iowa. Lots have 65’ and 75’ frontages and include a variety of walkouts, daylights, and flats.

Located less than 5.0 miles from I-35, and just a short commute to anywhere in the Des Moines Metro.

www.GroundBreakerHomes.com 12119 Stratford Drive • Clive, Iowa 50325 • 515-222-1347 • www.PeoplesCompany.com 20

n These Developments Call for

Preferred L ender Informatio n

410 Sycamore Drive, Norwalk Ranch Classic Series Floorplan 1533 SF, 3 Bedroom, 2 Bath

136 Orchard Trail, Norwalk

Ranch Designer Series Floorplan 1709 SF, 4 Bedroom, 3 Bath, Finished LL

A variety of walkout, daylight, and flat lots surrounded by mature timber. Take advantage of the aggressive tax abatement program offered through the City of Norwalk. Enjoy the feel of small-town living while taking advantage of the Metro amenities.

Kalen Eastwood Ludwig: 515-402-3169, Kalen@PeoplesCompany.com Please contact agent for more information on current listings or building with GBH! 21

Home Sales and Prices Still Climbing, Both Up in January Amy Smith, PR Coordinator Iowa Association of Realtors® amy@iowarealtors.com

CLIVE, IOWA (Feb. 14, 2012) – According to the Iowa Association of Realtors® (IAR), Iowa home sales have increased in 18 of the last 19 months. January continued this trend with sales up more than 14 percent from last year.

IAR’s January 2013 Housing Trends Report shows that home sales climbed 14.7 percent as 1,898 homes sold/closed in January, compared to the 1,655 homes that sold/closed in January 2012.

Twenty-eight of the 44 local Realtor® boards in Iowa reported increases in sales.

Prices increased in January as well, as the median sale price jumped 7.3 percent from last year. The median sale price increased by $7,851 from $108,199 last January to $116,050 last month. Twentyeight local Realtor® boards had increases in median sale price. Average sale price was up as well, with a 6.3 percent increase from last year at this time. Average sale price was $136,183 in January 2013 and $128,131 in January 2012.

The average days on the market was 102 days, down 12 days or 10.5 percent from January 2012.

Twenty-seven local boards had decreases in average days on the market.

2013 started out strong with another solid month of sales and prices in January, says Don Marple, president of the IAR. “We continue to see a great deal of activity in the market, and expect that to increase even more as we move into the spring and summer months, which are historically busier times of the year in the real estate industry.”

“Increased sales paired with steady listings in 2012 resulted in a decreased inventory, a situation that we haven’t seen in awhile,” continues Marple. As of January 2013, the statewide inventory of homes on the market was 17,234, down 19 percent from January 2012. “This level represents 5.9 months supply of inventory, which indicates a pro- sellers market situation,” he explains. “Potential sellers who have been watching the market and waiting, may want to consider listing their home now.”

22

On another note, Marple adds that Realtors® continue to fight for property owner rights. “We are happy to share this good news about the Iowa housing market on the heels of our annual visit to the state capitol,” he says. On February 12, more than 300 Realtors® from across the state convened in Des Moines to visit with state legislators about issues that may impact Iowa property owners, including property tax reform, radon testing and others, he explains. “IAR will continue to monitor and discuss these issues here in Iowa as well as in Washington, D.C., as defending home ownership remains one of our highest priorities.”

Marple reminds buyers and sellers that real estate is local and to contact a local Realtor® for more information on the market in their community.

The information used to create the IAR January 2013 Housing Trends Report was current as of February 13 at 11:00 a.m. The information is subject to change due to the dynamic nature of the IAR’s housing statistics system, which is updated hourly based on information present in local participating MLS (multiple listing service) systems.

Iowa home sales have increased in 18 of last 19 months. January 2013 continues this trend with sales up more than 14% from last year.

The term Realtor® is a registered trademark, which identifies real estate professionals who follow a strict code of ethics as members of the National Association of Realtors®.

The Iowa Association of Realtors® is the state’s largest real estate professional organization representing more than 6,200 members and affiliates. The IAR releases a Housing Trends Report each month. Data is collected from local Realtor® boards through their multiple listing service (MLS), which tracks sales activities in the board area. The IAR compiles all of the local board data into the statewide report each month. Reports are available online to IAR members and affiliates with a login and password. Anyone is eligible to become an IAR affiliate. For membership information, visit www.iowarealtors.com.

Sales increased throughout 2012 while the number of new listings remained constant. As a result, inventory fell steadily throughout 2012.

As of January 2013 the statewide inventory level is 5.9 months supply.

Iowa Association of Realtors: www.iowarealtors.com 23

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Lots Starting At

Three Lakes Estates

$ 26,000

in Des Moines Lot #

Sq. Ft.

Type

9,744 sq. ft.

Walk-out

$29,500

Pl 5-Lt 44 10,320 sq. ft.

Daylight

$29,500

Pl 6-Lt 7

9,319 sq. ft.

Walk-out

$29,500

Pl 6-Lt 8

8,566 sq. ft.

Walk-out

$29,500

Pl 6-Lt 9

9,759 sq. ft.

Walk-out

$29,500

Pl 6-Lt 10

9,208 sq. ft.

Walk-out

$29,500

Pl 6-Lt 11

9,451 sq. ft.

Walk-out

$29,500

Pl 6-Lt 35

9,094 sq. ft.

Flat

$26,000

Pl 6-Lt 36

9,094 sq. ft.

Flat

$26,000

Pl 6-Lt 37

9,122 sq. ft.

Flat

$26,000

Pl 6-Lt 40

9,473 sq. ft.

Flat

$26,000

Pl 6-Lt 41

10,139 sq. ft.

Flat

$26,000

Pl 5-Lt 39

Listing #10141 For lot sales please contact: Brad VanWeelden: 515-745-4079 Brad@PeoplesCompany.com Scott Kelly: 515-473-8913 Scott@PeoplesCompany.com

Price

12 lots available in the Three Lakes Estates development in Des Moines, IA. Lots range in size from 8,566 sq. ft. to 10,320 sq. ft. with accommodating covenants. All homes must have a finished area of at least 1,300 sq. ft. Combination of walkout, daylight, and flat lots. Quiet development in a serene country environment with all amenities of the city nearby. Take advantage of the 5-year 100% tax abatement through the City of Des Moines. Great location with easy access to Hwy 5/65 bypass and Hwy 69, minutes to downtown or Jordan Creek Mall, and just a short commute to anywhere in the Des Moines Metro.

Lot type should be verified by professional homebuilder before purchase to determine if lot is suitable as a daylight or walkout. While we believe said lot types to be correct, Peoples Company warrants no liability for their accuracy and is not responsible for potential errors. Agent is Owner

Scan this QR code with your smart phone for more info

515-222-1347 â&#x20AC;˘ www.PeoplesCompany.com 12119 Stratford Drive

â&#x20AC;˘

Clive, Iowa 50325 25

AM P

ss

STREE

HIGHWAY 5 BIPASS

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W e s t D e s Moi n e s SE R

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NW

SW

MAFFIT MAFFITT LAKE ROAD

LAKE CT

PLAT 3

 

S. ORILLA ROAD

 



PLAT 1

FOX VALLEY

Fox Valley Plats



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

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FOX VALLEY

147.91 ACRES

S. 35TH STREET

Colby

PO SE D

PROPOSED SOUTHWEST CONNECTOR



140 Acres for Sale All or Part

MP

PR O

ADAMS STREET

DRG

an

S 20TH ST

S 50TH ST

132.74 ACRES

RA

SW

Colby Land Development • Adams St. and S. 35th, • West Des Moines: $11,500/acre • Prime ag land w/ extensive future potential development.

• All or part available for sale.

MP RA



RA MP

CO NN EC TO R

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NE

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NW RAMP

MP RA

S. 42ND STREET

SPEC

Interstate 3

NW

S 35T

SE

ARMY POST RD

Landscape Architectural Consultants, Inc.

NORTH

Scale: 1"=500' 0'

500'

Civil Engineering Consultants, Inc. 1000'

2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com

 

Colby: 170 acre premier industrial development area Warren County

100'

Scale: 1"=100'

NORTH

0'

Plus Support Commercial Frontage

200'

Civil Engineering Consultants, Inc.

2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com

Landscape Architectural Consultants, Inc.

Conceptual Drawing

Colby: Madison County 80 Acres All or Part

3301 Warrior Lane

Conceptual Drawing

Colby: Dallas County 25 Acres All or Part  

• • • • •

Landscape Architectural Consultants, Inc.

NORTH

Waukee/Clive city limits 10+ Acres $525,000 Heavily wooded Currently homestead

Scale: 1"=60'

0'

60'

Civil Engineering Consultants, Inc. 120'

2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com

Splendid Acres:

Conceptual Drawing

26

• • • • •

2-3 acre lots up to 10 acres Contract terms On paved R57 Lots starting in the $30,000’s Indianola Schools

Splendid Acres

DevelopersRea

250 Acre Premier I-80 Corridor Industrial Development Sites Available Immediately

With Support Commercial

Kading Inc. I-80 & Hwy 169, NE Quadrant, Dallas County • Iowa crossroads (I-80 East/West, Hwy 169 North/South) • Elliffson Drive/Hwy 169 • City Sewer, Water • 10 minutes to West Des Moines, I-35/I-80 mix master

Conceptual Drawing

Three Des Moines Area Restaurants

Old Portland Road Farm

• • • • • •

Turn key Up and coming areas Great Western Bike Trail frontage High traffic locations Call for more info Including real estate or possible lease

OLD PORTLAND RD Old Portland Rd



1 " = 496.71 '

Date: 2/6/2013

Dallas County • 140+ acres, high CSR • $8,250/acre • Spectacular panoramic river valley view To the best of our knowledge, the information shown on this map was correct at time of publication. However, the County makes no warranty to the accuracy of the information.

This map was created by the Dallas County GIS Department. http://geodallas.co.dallas.ia.us

317 5th Street in Valley Junction • $400,000 • Great Valley Junction location • Restored two story with classy front • Retail and warehouse workshop on first floor • Loading dock off private parking lot

For more information, please contact:

Dorrance L. Brezina 3227 111th Street Urbandale, IA 50322 Cell: 515-778-0787 Office: 515-278-2741 Fax: 515-278-2741 dorrance_brezina@msn.com

altyGroup.com

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custom At Kolb Custom Homes we understand the importance of selecting the right builder for your new home. Integrity and honesty are an important part of who we are and what we strive to show in all our work.

As part of our process, we will personally meet with you from design to finish, or whatever stage of the process you may find one of our homes, answer your questions and listen to your visions and dreams for your new home.

We are committed to building a quality home for you to enjoy for years to come.

Richâ&#x20AC;&#x2122;s approach to home building is a hands-on, involved approach, personally doing those jobs in which an extra finesse is needed, checking on the progress of your home daily and overseeing others working on your home to ensure quality craftsmanship. Subcontractors are an important part of the homebuilding process, and Rich selects only those that have proven themselves reliable and committed to quality.

Please visit our website for more information www.kolbcustomhomes.com

3001 NW 74th Ave. Ankeny, IA 50023 (515) 681-7494 rich@kolbcustomhomes.com

KOLBCUSTOMHOMES 28

S

For most home owning households, the home is a primary source of wealth and financial security. And even though many homes have lost value in recent years, the nation’s home owners have more than $6 trillion in home equity and they still believe in homeownership.

Homeownership Contributes to Household Wealth

Home owners often tap the equity in their homes to pay for education, to cover health expenses and to help fund retirement. They also use the equity to help pay for improvements that increase the value of their homes and make them safer and more resource-efficient. Homeownership also can shield households from the risk of large increases in housing expenses.

from the National Association of Home Builders

PROFILE OF A FIRST-TIME HOME BUYER

HOUSEHOLD INCOME OF FIRST-TIME HOME BUYERS

(Home buyers are owner-occupants who reported moving in the preceding two years.)

Average Age

34

Average Household Size

2.58

Average Household Income

$67,342

Average Price of Home

$184,091

13%

16%

19%

2% 9% 19%

21%

■ More than $200,000 ■ $100,000 to $199,999 ■ $80,000 to $99,999 ■ $60,000 to $79,999 ■ $40,000 to $59,999 ■ $20,000 to $39,999 ■ Under $20,000

Source: NAHB tabulation of data from the 2009 American Housing Survey, Department of Housing and Urban Development and the U.S. Census Bureau.

For most home owning households, the home is a primary source of wealth and financial security.

And even | 3 though many homes have lost value in recent years, the nation’s home owners have more than $6 trillion in home equity and they still believe in homeownership.

Home owners often tap the equity in their homes to pay for education, to cover health expenses and to help fund retirement. They also use the equity to help pay for improvements that increase the value of their homes and make them safer and more resource-efficient. Homeownership also can shield households from the risk of large increases in housing expenses.

We Sell Them All, Big & Small!

If you are thinking about buying or selling Real Estate we are your team!

Over $28 Million sold in 2012! We are full time agents that know the greater Des Moines area and know how to get the job done. There is a difference in Real Estate agents, so when you want your home sold, not just listed, give us a call!

Anita Nemmers 1516 Valley West Drive West Des Moines, IA 50266

515-689-6271 ANemmers@IowaRealty.com www.AnitaNemmers.com

Rick Bratrud

515-250-5626 Rick@IowaRealty.com www.RicksMyAgent.com 29

Kalen Ludwig: your new construction specialist Give me a call to pick out your HOUSE PLAN, LOT and BUILDER to fit your budget and style! total active homes: 2,495 new construction active homes: 475

Des Moines Metro Single Family Statistics

current pending sales: 1,063 current new construction pending sales: 257 total homes sold in 2012: 6,593

Current Market Snapshot

new construction sold in 2012: 1,192

DID YOU KNOW the Des Moines Metro sold over a 1,000 more homes in 2012 than in 2011?

DID YOU KNOW there were over 250 homebuilders in the Des Moines Metro in 2012? Let me help you pick the best builder for your price point and style.

DID YOU KNOW that the total active inventory is at a historical low and today is a good time to get your house on the market?

Top 5 Communities to Build New Construction in 2012

Interested in where new construction is selling?

In 2012, the 5 communities with top sales are in the following order: Ankeny, Urbandale, West Des Moines, Waukee, and Grimes.

Other Des Moines Metro Communities 35%

Urbandale 13% Grimes 8% Waukee 9%

Kalen Ludwig, Realtor速 Certified New Construction Sales Professional 515.402.3169 | Kalen@PeoplesCompany.com 30

Ankeny 25%

WDM 10%

Similar to Photo Similar to Photos

Come visit Giovantiâ&#x20AC;&#x2122;s model home located at 4905 152nd Street in Urbandale at Bent Creek Estates.

Open 1-4pm March 3, 10, 17, & 24.

www.GiovantiHomes.com exclusively listed with. . . full service and straight forward Liz Wilson 515-208-2721

Jen Schuller 515-231-1624

Anthony Bonnano 515-537-3925

www.DirectRealtyCo.com Scan this QR Code with your smart phone for more info

515.963.1252 info@DirectRealtyCo.com 31

Advertise in magazine Home | Land | Commercial

Upcoming AD Deadlines: April 5, 2013

Featuring the city of Waukee

May 17, 2013

Featuring the city of West Des Moines

June 28, 2013

Featuring the HBA Home Show

distribution: April 22nd

distribution: June 3rd

distribution: July 15th

August 9, 2013

distribution: August 26th

September 20, 2013 distribution: October 7th

November 1, 2013

distribution: November 18th

For advertising information,

give Rachel a call!

32

Advertising Rates Front Cover (and full page supporting ad) $1,200 Front Cover Banner $250 Back Cover $850 Inside Covers $550 Across from Inside Covers $550 Center Spread (2 full pages) $1,100 Full Page $475 ½ Page $250 ¼ Page $140 ⅛ Page $75 Map Sponsor $50 Rachel: 515-650-0834 sales@acquiremagazineonline.com www.acquiremagazineonline.com