Real Estate Market

Midtown Montgomery Market Trends

How to Boost the Energy Efficiency of Your Home

Making your home more energy efficient is a cost-effective way to not only save money but to also improve the performance of your home. The most effective strategy for improving your home’s energy efficiency is to focus on the “shell” of the house…the walls, attic, windows and doors. Next, improve the energy efficiency of systems such as heating, cooling, lighting and appliances. Last, but not least, consider clean energy generation such as solar or geothermal.

The first step toward energy efficiency is to make sure that your walls and attic are well insulated. High quality insulation slows the rate that heat flows out of the house in the winter or into the house during summer. That means it takes less energy to heat or cool your house. If your walls have no insulation, it will certainly pay off to add blown-in insulation and it will also improve the comfort of your home. If you have an unfinished attic, it is worthwhile upgrading its insulation. It is a good idea to use an Energy Auditor to make sure that the insulation is installed properly.


The next step is to upgrade the windows. If your windows are old or leaky, particularly if you live in an historic area, it is time to increase their efficiency by using weather stripping and storm windows. While it’s not usually cost-effective to replace windows just to save energy, if you are going to replace them anyway, the additional cost of Energy Star-rated replacement windows is very modest and is a comfort improving upgrade that is worth the cost

Another way to save some energy in your home is to plant shade trees and shrubs around your house. If you have an older home with poor insulation and windows, good landscaping can help, especially if planted on the house’s west side. Deciduous trees are the best way to go for this purpose. During the summer, the foliage will block the infrared radiation that would warm the house, while in the winter the bare branches will let the radiation through.

Replacing an older furnace with a new high-efficiency system may seem like a huge expense, but in the long run it will save energy and money. If your furnace was built before 1992 and has a standing pilot, it likely wastes 35% of the fuel it uses, and it’s probably near the end of its service life. ACEEE (American Council for an Energy-Efficient Economy) recommends you replace it with a condensing furnace with annual efficiency of at least 90%.

You can improve the efficiency of your hot water system by turning down the temperature of your water heater to the “warm” setting (120 degrees F). You can also insulate your hot water lines so that they don’t cool off quickly between uses. And using low-flow fixtures in your showers and baths will help as well.


You can use ¾ of the energy used with incandescent light bulbs by replacing them with compact fluorescent lamps (CFLs). You may not realize that the cost of the electricity used to run a light bulb is higher than the cost of the bulb itself. A CFL may be a little more expensive than the traditional light bulb, but it lasts for 10,000 hours and uses only 27 watts to generate as much light as 100-watt incandescent bulb. Over the long haul, you will save money by investing in CFLs.

You can save money with an energy-efficient home in many ways, including the tax benefits that are available to you. Federal tax incentives are out there for energy efficiency upgrades to existing homes. 

If you are in the market to buy or sell a home (or both), let Sandra Nickel and her Hat Team of Professionals assist you with all your real estate needs! Call them today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information!

If you are in the market to buy or sell a home (or both), let Sandra Nickel and her Hat Team of Professionals assist you with all your real estate needs! Call them today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information! 

Why You Should Consider Retiring in Montgomery, Alabama


When people think about where they might retire, the first place that comes to mind is Florida. But Florida is far from the only place that is great for retirement.  According to moneyrates.com, Alabama is one of the top ten places to retire in America in 2025. Between its rich culture and warm weather, Alabama is one of the best kept secrets of retirement opportunities. Finances are a vital aspect of retirement, and you want to live in a state where you can get the most bang for your buck without having to sacrifice comfort and enjoyment. And Alabama has a lot to offer in that respect.

You will find a lot of the same tax advantages in Alabama that you would find in Florida. Combined with the fact that Alabama is overall a less expensive place to live, it should be a top contender when deciding where to retire.


Consider these financial perks:

  • While Alabama does have an income tax, it is one of the lowest in the country, and social security benefits are completely exempt.
  • The cost of living in Alabama is 12% lower than the national average.
  • The cost of housing in Montgomery is 25% lower than the national average.
  • Healthcare costs are lower in Alabama as well, with retired couples paying an average of 4.4% less than the average retired American couple.
  • Retirees who own a home in Alabama benefit from one of the lowest property tax rates in the country.


Other than it being a financially smart decision to retire to Alabama, here are several reasons that Montgomery is a wonderful place to live out your golden years:

  • The weather is ideal all year ‘round! With a subtropical climate, you will enjoy hot summers and mild winters.
     
  • Alabama’s capital city is filled with art and culture. The Scott & Zelda Fitzgerald Museum, Hank Williams Museum and Montgomery Museum of Fine Arts offer opportunities to experience the charming history of this southern town along with fine art from around the world. You will also be able to enjoy professional performances at the Montgomery Performing Arts Center, the Montgomery Ballet, and the Alabama Shakespeare Festival.
     
  • You can stay active and social at Montgomery Riverfront Park. Catch a ballgame featuring Montgomery Biscuits at Riverwalk Stadium or take a riverboat cruise on the Harriott II.  Bring chairs or a blanket and grab a spot on the grass where you can watch a show or listen to music at the Riverwalk Amphitheater.
     
  • If you love outdoor living, one of the best parts of retiring in Montgomery will be the vast amount of green space and trails that are easy to access. Blount Cultural Park offers a dog park, open green space, a pond and more! Check out Eat South, Montgomery’s own urban teaching farm, or play nine holes at the golf course. Gateway Park offers hiking trails, or you can have a picnic, play horseshoes and check out the planetarium at Oak Park.
     
  • If you are a “foodie”, one of the best parts of living in Montgomery is all the incredible cuisine it offers!  From the finest southern cooking to the most exquisite fine dining, you will love the dining options in Montgomery!

So, if a lower cost of living, tax perks, mild weather, arts & culture, and green spaces all appeal to you, consider Montgomery, Alabama when making your list of possible places to retire.

Come visit and let Sandra Nickel show you some of the amazing, affordable Homes for Sale in this charming, delightful southern city!  Reach us at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information! 

Midtown Montgomery Market Update

How Mortgage Rates Affect Your Monthly Payment

Experts say rates will come down slightly in the year ahead, but some volatility is expected. So, you shouldn't try to time the market. Instead, it's better to focus on how even a small change impacts your future mortgage payment. Click the image below to watch a short video and learn more.  

Midtown Montgomery real estate sales statistics for December 2024 show the number of homes sold decreased by 5.88% when compared to December 2023.  The average sales price increased by 11.37%, and the median sales price increased by 21.87%. Market times decreased by 20 days. 

Midtown Montgomery December 2024   December 2023
Homes Sold 32 34
Average Selling Price $199,877 $179,463
Median Selling Price $195,000 $160,000
Days On The Market 76 96
Highest Selling Price $380,000 $400,000
Lowest Selling Price $15,000 $48,000

 

For the latest Midtown Montgomery real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.

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Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

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