After becoming the national basketball champions this year, there probably aren't too many people who haven't heard of the University of Kansas, aka KU. There are several other colleges in the area within a 5 to 40 minute drive so there is quite a bit of student housing that is needed; especially in Lawrence Kansas.
What many students interested in off campus student housing have found out is that they can help pay off the landlord's mortgage or they can buy a place (either on their own or with the help of parents) and build up some equity for themselves. Lawrence Kansas real estate is the most expensive real estate in the whole state of Kansas. That also means it has the best rate of return on appreciation per year and is the fastest area in the state to be able to get a property SOLD when you are ready to move on.
Appreciation usually will be 5% to 7% per year. Therefore, students that have owned their home for one year and SOLD rather than renting for one year will usually come out with money in their pocket. After two years of ownership, students have SOLD their home and had $5000 to $10000 in proceeds that they could use as a down payment on a home at the next place they go to.
IF YOU WANT TO BUY (See IF YOU WANT TO RENT section below):
www.MoveToLawrence.com Allows you to click on an area of Lawrence Kansas such as Northeastern Lawrence Kansas Real Estate which would show you the homes for sale closest to KU for KU student housing. You can also search by price range such as all the homes for sale $100,000 and under or all the Lawrence KS real estate for sale between $200,000 and $225,000 if you wanted a bigger house with extra roommates.
If you are looking for student housing opportunities that are fixer uppers, foreclosures, distressed properties, motivated sellers, AKA the best bargains in Lawrence Kansas real estate, please give me an email or a call for details on these properties.
I want to make available to you every bit of information you need on properties and their sellers' disclosures, sellers' purchase price, building material quality, block analysis of other homes on the block, county appraisal and that of other homes on the block, and anything else that you might need. All you have to do is ask.
IF YOU WANT TO RENT:
www.KSLease.com In February and the months following, you will see notes stating "Available Aug 1" or "Available July 1", etc. Otherwise the places are available for rent right now and will get rented and removed from the lists and of course new ones will come on so you should check back on these sites very regularly.
www.MoveToLawrence.com (any properties listed that state "call for price" are almost always rental properties...if any look interesting, call/email me for the rental price)
http://www2.ljworld.com/classifieds/ (this site allows you to select "Houses" and also "Apartments Unfurnished" as well as nearby cities).
www.rentals.com/Kansas/Lawrence/Apartments-For-Rent.aspx (choose the property type, type in the city)
www.Renters2Buyers.com offers renters FREE classes to improve credit scores, to learn buying strategies, how to select a Realtor and lender that will serve you with your best interests in mind.
Whichever you choose (rent or buy), feel free to contact me for tips, ideas, research help on appraisal values, whether a landlord is a good landlord to rent from or not, or anything else that has to do with your Lawrence Kansas student housing real estate needs. The same goes for students going to Baker University in Baldwin or if you want to live in Eudora just outside of Lawrence to go to HINU or KU.
Thanks and "Don't keep me a secret--I'm never too busy for your referrals!"
Rob (FREE Home Warranty with every home you buy or sell through me!!)
Rob Lang, CRS, ABR, ePro, GRI, CFPS Realtor®
Sellers www.MLSPlease.com (Marketing homes to 4 MLS's, to over 100 websites, "Showcase" Realtor.com listing, and virtual tours)
Property Searches www.LetRobDoIt.com
Places for Rent or Lease www.KSLease.com
Blog www.ActiveRain.com/blogs/langrob
Realty Executives, Hedges Real Estate (three convenient locations)
(Serving Lawrence, Eudora, Baldwin, Topeka, Olathe, Tonganoxie, Leavenworth, Kansas City, McLouth, Wellsville, Ottawa, Berryton, Tecumseh, more)
300 Rockfence Place, Lawrence, KS 66049
1037 Vermont, Lawrence, KS 66044
3300 Clinton Parkway Ct., Lawrence, KS 66047
785-393-2274 (cell) 206-339-3199 (fax)
Rob@YouWantHouses.com
NOTE: This blog was written in the past about properties on the market at the time of the blog being written and should not be considered as active listings beyond the date of this blog.
