Grandview & MarbleCliff

Columbus Real Estate – Trulia

Everything you ever wanted to know about the Real Estate market in Grandview Heights and MarbleCliff.  Why lump them together? Because they’re both small micro-markets that share a school system and geographic location.  You’ll find the location perfect and the real estate market easy to understand. See something you like? Save it and set up automated emails from your search.      

Property Tax Increase on the way for Grandview Homeowners?

Tax increase or not, I'd like to help you find your Grandview home.

I’m sure they’re hoping not since Grandview Hieghts is already going to be asking voters for a raise in the city’s income tax. The purpose behind a Grandview Heights property tax increase would be improvement and upkeep of the Grandview City Parks.

From the Dispatch….”The proposal would raise about $54,000 a year using millage previously uncollected.

Under state and county law, Grandview Heights is permitted to collect up to 10 mills of so-called “inside millage” for public purposes without voter approval. The city has used all but 0.25 mills of its maximum.

Residents would pay about $17 a year in additional taxes if the Franklin County auditor approves the city’s request.

The City Council decided last night to wait another week to allow for more public input,…[more].”

The Grandview Hieghts & Marble Cliff Real Estate Update

Homes on the market: 44 Active Grandview area homes for sale.

This 4 bed 2 bath, 2376 sf Cape Cod on Glenn Ave sold a few weeks ago for $360,000

Averaging 1497 sf,

• $256,348
• $165/sf and
• 136 days on market.

Grandview Area Homes in contract with escape clauses:

None – No Homes you could still, conceivably, swoop in and buy

Grandview Area Homes in Contract contingent on financing/inspections as of today: 9

• Averaging 1792 sf
• $333,322
• $188/sf
• 89 days on market

Grandview Area Homes Closed over the last 90 days: 19

• Averaging 1373 sf
• $216,983, avg List but a $209,935 Sale price or 97%
• $154/sf
• 100 days on market

Joe Peffer is a Realtor who works in Grandview and Marble Cliff and other Columbus Neighborhoods.

Would you like me to break it down by Grandview vs Markble Cliff or take out the condos like Summit Chase or Grandview Commons? email me and I will be glad to

Thinking of moving to Grandview? Get a taste of what it’s like..

at the Taste of Grandview! Taste of Grandview Heigths – October 4, 2009

Columbus Economy – Columbus Real Estate Markets don’t Exist in a Bubble

And you don’t buy homes for sale in Columbus in a vacuum.  Just like all real estate is local, regions tend to have their own economies. Just like the Columbus area housing market hasn’t crashed to the tune of the National real estate markets that make all the headlines and take over mindshare, the Columbus economy is vast and varied and weathering the storm better than you may expect.

I recently ran across a conversation that Walker Evans had with Dr. Bill LaFayette, the Vice President of Economic Analysis at the Columbus Chamber of Commerce. They discussed a variety of topics related to the Columbus economy.

This is a great snapshot of the Columbus economy. If you’re moving or relocating to Columbus, Ohio, then  you may be surprised to hear about how important rail is to the region, or tourism.  Here is a small exerpt of this interview that touches on passenger rail…

WE: Being able to see some of these results from the shipping and commercial rail sector, do you think we could see some of the same types economic benefits from passenger rail service? We’re very close to seeing the 3C passenger rail systemstarting. Do you think we will see a similar type of benefit from personal transportation?

BL: Different but important. The benefit would be making it easy to get from Cincinnati to here, from Cleveland to here, which would be a big boost for our tourism market. Again, another sector that we may not give as much credit to as it deserves, we get a lot of tourism here. We have been cited as a travel spot. The Short North specifically has been cited in national and international publications. We have been in The New York Times travel magazine a of couple times, The Los Angeles Times and when SkyBus was flying, just about every city that SkyBus connected Columbus with sent a reporter here to ask the question, “why would in the world would anyone jump on a plane and go to Columbus?” And those articles were absolutely glowing, so we sell ourselves short, we definitely do. There is much more to see and do here than we often think.

WE: We posted links to a lot of those stories as they started to roll in due to Skybus. After they ended up folding, a lot of people were saying it was a total waste of time, waste of money, a waste of everything… but the amount of positive press on a national level that Columbus received out of the whole ordeal might have helped balance the equation in the end.

BL: Oh, it was definitely a positive. It sort of reminded the air travel community that Port Columbus is an available, accessible airport with capacity.

Finally, Grandview Yard could be more than a rendering

No, Hell hasn't frozen over, but there is news about possible tenants at Grandview Yard.

Oh yeah, all right.  What does this mean for home values in Grandview, Upper Arlington the Short North and those parts of Columbus in between? Nothing but good news.

(From today’s Business First……..)

Plans for the first phase of the Grandview Heights mixed-use development include a 126-room hotel, a fitness center and a 90,000-square-foot office building.

Plans filed with the city July 7 show developer Nationwide Realty Investors Ltd. wants to build the first $40 million worth of projects as it continues planning for the broader, $500 million to $600 million redevelopment on 90 acres in the suburb’s industrial core.

The city’s planning commission will consider the Hyatt Place hotel, Urban Active fitness center and a planned Jason’s Deli in the office building as conditional uses.  Dublin-based M&A Architects, the designer of the three-story office building, plans to occupy at least 20,000 square feet on the top floor.

More here including what would realistically have to happen and who would have to approve what to make this news a reality.