Greater Columbia, Chapin, Irmo, Lexington and Lake Murray.

Sunday, August 30, 2009

Schools information posted on Columbia SC listings by Mel Coker

Another EDGE in Columbia SC Real Estate by Mel Coker...
GreatSchools information
I have now started to place school grades on all listing pages that I post on my Virtual Tour website.  It's a GREAT benefit to potential buyers and it's an extra marketing tool for sellers too.   As Columbia's exclusive CyberStars Realtor, I always look to provide the highest level of service to my clients and Internet prospects.
The mission of GreatSchools is to improve K-12 education by inspiring parents to get involved.  The website allows visitors to access school data, expert advice, articles, and community content. profiles more than 90,000 public elementary, middle and high schools in the United States. Charter schools, magnet schools, year-round schools, and some continuation and alternative schools are included as well. includes basic information on some private schools as well.
Take a look at my first listing that I have posted this information:
In this particular case, Pleasant Hill Elementary had an 8; Pleasant Hill Middle had a 10 and Lexington High had a 10 score. 
Please remember that I can assist you with ANY home for sale in the Greater Columbia area.  Contact Mel Coker to buy your Columbia area home, or to get your home SOLD!
Mel Coker
(803) 388-8011 (My Google Voice number)
Columbia, SC Real Estate

Thursday, August 27, 2009

HOT Deals on Investment Properties


I can help you buy a NEW home as an investment property and the Seller (the Builder) will lease back the home as a model home. I bought one of these model leaseback homes myself in March of this year and I sold another one in June.

Now, TWO more model homes are for sale. You will have to move very quickly before they are sold. Since these are model homes, they feature very nice upgrades. The builder will leaseback the home and pay the property taxes and HOA fee. It's a fantastic deal. Call Mel Coker NOW for details: Call Mel Coker at (803) 318-2007.

The builder's mortgage subsidiary will provide mortgage financing with a minimum of 15% down.
One home is in Northeast Columbia. It has over 2300 square feet; 4 bedrooms plus a bonus room; 2 1/2 bathrooms; 2 car garage. Other upgrades include trimwork, hardwoods floors, irrigation and secuirty systems. This home is price at an incredible $134,900. Market value on this home is around $165,000. Call Mel Coker NOW!
Aug. 28th UPDATE: This home was SOLD by Mel Coker today!

The other home is between West Columbia and Lexington. It has over 1900 square feet; 4 bedrooms; 2 1/2 bathrooms; 2 car garage and a number of upgrades. This home is priced at an incredible $119,900. Market value on this home is around $145,000. Call Mel Coker NOW!

Call me before they are gone!

Mel Coker
RE/MAX Metro Associates
Office (803) 749-5800
Google Voice: (803) 388-8011
Cell: (803) 318-2007

Tuesday, August 25, 2009

NEW listing - Lexington, SC

I've got a NEW listing in Lexington!
243 Olivia Way in Cherokee Lakes Subdivision

This beautiful all brick home has 4 bedrooms and 2 1/2 baths. My friend, Mrs. Clean, lives here! The master bedroom is downstairs with 3 bedrooms upstairs. Hardwoods are in the foyer and formal dining room. Outside, the backyard is fenced and there's a deck and storage shed.

Cherokees Lakes is Lexington's family friendly neighborhood. Your family will enjoy the community pond for fishing or kayaking. Click on my virtual tour link below for more pictures and information.

Call Mel Coker to see this home or ANY other home in the Greater Columbia, SC area. Call (803) 388-8011 or (803) 749-5800.

Virtual Tour for Lexington home in Cherokee Lakes

Monday, August 17, 2009

Columbia Weather & Hurricane Season

Mel's WEATHER Page!
Need one online resource for local, national or storm weather?
Try my Columbia Weather page.

Included on the page are active weather maps and graphics showing weather radar, temperature, current conditions, forecasts, wind speed and more. My sources include National Weather Service, AccuWeather, The Weather Channel and more. I also have links for Lake Murray water level and temperature information. When you need to check Columbia weather online, go to Mel's Columbia Weather information page.

Two other interesting links on my website relate to Hurricane season:

Sunday, August 9, 2009

Lake Murray Sales Update - Waterfront Lots

An Update from Mel Coker
Lake Murray Waterfront Lots

I've just finished a detailed analysis of Lake Murray waterfront lots closed during the past 5 years and current sales activity. Buying a lot on Lake Murray is still a very viable option to enjoy lake living. One of my clients bought a lake lot last year and started building their dream Lake Murray home just this past week with my recommended builder.

For my analysis, the "average" Lake Murray lot is: less than 1.5 acres, has a minimum of 100 feet of water frontage. Also, my base year for minimum price is 2004 at $75,000. The average minimum price has been adjusted each each for the previous year price change percentage. I've even tracked average discount from final list price for sales prices.
(For average prices and number of sales, percentage changes are from previous year; average days on market includes 25% adjustment for expireds and withdrawns)

Number of sales: 44 DOWN 12.0%
Average price: $183,813 UP 22.6%
Avg. DOM: 381
Avg. discount from final list price: 5.87%

Number of sales: 85 UP 93.2%
Average price: $204,994 UP 11.5%
Avg. DOM: 276
Avg. discount from final list price: 5.26%

Number of sales: 79 DOWN 7.1%
Average price: $217,391 UP 6.0%
Avg. DOM: 215
Avg. discount from final list price: 6.0%

Number of sales: 61 DOWN 22.8%
Average price: $246,145 UP 13.2%
Avg. DOM: 168
Avg. discount from final list price: 5.1%

Number of sales: 30 DOWN 50.8%
Average price: $276,096 UP 12.2%
Avg. DOM: 262
Avg. discount from final list price: 10.1%

2009 (thru June 30)
Number of sales: 13 DOWN 13.3%
Average price: $251,262 DOWN 9.0%
Avg. DOM: 422
Avg. discount from final list price: 10.8%

Currently, there are 184 lots for sale on Lake Murray (meeting my criteria above) with an average sales price of $336,502. The average days on market is 434 days. Obviously, the asking price for many lots is way too high based on the much higher price compared to actual closings over the last several years, a very high DOM and the large number of lots for sale.

Other important highlights:
  • the number of lots closed annually has decreased the past 3 years and is on pace to decrease again in 2009.
  • average closed prices in 2009 are showing the possible first ever price decrease on Lake Murray
  • there is enough current inventory at Lake Murray to last app. 7 years at the current sales pace
NOW may be the time to BUY your Lake Murray lot! When you're ready to BUY or SELL a Lake Murray lot, be sure to contact Mel Coker. I am a lake resident and I know Lake Murray!

Buy a lot, get on Lake Murray.

Tuesday, August 4, 2009

Another Benefit from Mel Coker - Discount Flooring

Another EDGE from Columbia, SC Realtor Mel Coker:

Discount Flooring at ProSource Wholesale Floorcoverings!

My ProSource Floorcoverings Webpage - Columbia SC Floorcoverings

I am a trade member now at ProSource Wholesale Floorcoverings. With my membership, you have the opportunity to shop and buy at this wonderful showroom. Admittance is ONLY with the Customer Referral Admittance Card that I provide for you upon request. Get one by sending me an email with your name and address and I will put one in the mail to you right away. Or, I can scan and send one to you in PDF format.

Mel Coker's email

The showroom is conveniently located just off I-126 at Greystone Boulevard on Rivermont Drive (almost next to the Riverbanks Zoo). The huge showroom has the following products: carpet, ceramic tile, natural stone, laminate, hardwoods, vinyl, custom rugs and cabinets. Manufacturers include: Shaw, Stainmaster, Pergo, Wilsonart, Mohawk, Daltile and many more.

When you're ready to shop for and buy ANY floorcovering product in the Columbia SC area, be sure to get my exclusive ProSource Admittance Card. For the majority of products, you will receive a discount of 40% off the listed suggested price on carpet and 20% off the listed suggested price for hard surface products. I have a special Account Manager, Robert Kiser, at the showroom available to assist you.