Buying A Prairie Village KS Home? Consider A Sewer Line Inspection Or Sewer Warranty

Checking The Pulse Of The Kansas City Real Estate Market

Older homes, like those found in Prairie Village Kansas, are wonderful homes often with lots of character and the appeal of mature tree-lined streets. While these features are precisely what draws many home buyers to the area, older homes on tree line streets are the homes that most often encounter sewer line problems. When buying a home, it’s important for your home inspector to run the sinks and tubs for a long period of time and be sure everything is draining properly in the home. If there’s any slow draining, it’s recommended that a home buyer have a professional company come out and complete a sewer line camera inspection.

Sewer lines don’t last forever and on homes that are 40, 50, 100 years old, someone is eventually going to get stuck with paying for sewer line repairs. And by sewer lines we aren’t just referring to the plumbing inside the home or under the basement concrete floor… We’re talking about the sewer line that runs from the home and through the yard to the street. But the homeowner’s responsibility doesn’t stop there either. Because main sewer lines run on one side of the street or the other, there’s a a 50-50 shot a homeowner’s sewer connects on the OTHER side of the street.  If your sewer line goes bad, imagine the costs involved if the repairs require replacement of the sewer line under the street, tearing up the street, etc. It can happen.

It’s possible that a slow drain can be dealt with by having the lines rootered out or hydrojetted out, but the simple fact that there’s any issues should put a home buyer on notice that more expensive repairs could be coming. A root of a tree may have penetrated the sewer line or maybe the ground has collapsed underground and caused a sewer line connection to separate. Some older sewer lines are made of clay and simply not designed to hold up 100 years. Cleaning out the lines could be a temporary fix and the permanent fix could cost a homeowner thousands of dollars.

To find out what’s truly needed, have an inspection done where a small camera is run through the plumbing lines and out to the main sewer line. If major repairs are required, a good rule of thumb is $100 per foot to repair or replace the damaged pipe. But it could certainly be much more or even less, so be sure to get a couple bids before proceeding. Though I have never recommended this company, here’s a Kansas City sewer repair company with a web site that does a good job of explaining a homeowner’s options. You may be able to re-line the existing sewer line without trenching the yard. If you have to excavate and install a new sewer line, $100 per foot is probably a minimum cost.

Prairie Village Kansas has recently begun promoting to its residents the option of purchasing a Sewer Line Warranty. According to a Kansas City Star article, 12% of Prairie Village residents have already done so. The warranty is provided by a third-party and the current cost of the warranty is $59 per year. If there’s a problem, the warranty company sends out a local plumber and the warranty will pay up to $4000 of repairs to repair a broken line. Should the job require cutting up the street, the warranty would also cover the first $4000 of that portion of the repair.


Posted by Jason Brown

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Prairie Village Kansas Real Estate Update – August 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Prairie Village Kansas
15 Day Glance At The Prairie Village KS Real Estate Market

After calculating the absorption rate over the past 15 days in Prairie Village Kansas, we find the city has 5.8 months of inventory currently on the market. This amount of inventory indicates a slight buyer’s market in the Prairie Village area. The average price of the new listings was around $235,000 and the average price of the homes that sold was closer to $218,000.

Type # Average $ Avg DOM
Listings Past 15 Days 33 $234,623
Total Active Listings 186
Newest Contracts Written 18 $188,139 107
Newest Sold (Closed) 16 $218,098 84

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

If you are making plans to buy or sell a home in Prairie Village Kansas, we’ll guide you through the process. Here’s details about how we assist Prairie Village home sellers and Prairie Village home buyers. Please contact us with any questions you may have and we look forward to assisting you!

Prairie Village Kansas Relocation Information

Search Prairie Village Kansas Homes For Sale

View Additional Real Estate Stats On Prairie Village

Our Prairie Village Kansas Buyer’s Agent Services

Our Prairie Village Kansas Listing Agent Services


Posted by Jason Brown

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Prairie Village KS Real Estate Update * Prairie Village Kansas Market Stats

Hands On The Heartland

Checking The Pulse Of The Kansas City Real Estate Market

City of Prairie Village Kansas Real Estate Update

Prairie Village KS Real Estate Market Stats <> 15 Day Stats

Type

#

Average $

Avg DOM

Newest Listings

31

$273,422

View Newest Listings

Total Active Listings

151

Newest Under Contract

24

$250,971*

81

View Newest Under Contract

Newest Solds (Closed)

8

$229,613

91

View Newest Solds

* Average Newest Under Contract considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew a particular category. DOM is Days On Market. Note the date of this post as market stats become outdated. Stats may not be an exact 15 days and stats were pulled in the AM on 5/20/09.

In the city of Prairie Village KS there continues to be more homes coming on the market than homes going under contract (pending) or than homes being sold (closed). This creates a further surplus of supply in Prairie Village Kansas. Using the past 15 days of sold homes to calculate the absorption rate in Prairie Village, there’s almost 9.5 months of inventory on the market. Triple the number of homes went under contract (compared to homes sold) and if we run with the assumption that all those homes will make it to the closing table (they won’t), then the absorption rate is just slightly over 3 months of inventory. If all those homes make it to the closing table that is an impressive figure and things would be looking solid in Prairie Village.

Keep in mind that a 15-day period is a small sampling of Prairie Village Kansas market activity. This information shows what’s going on now in the current real estate market. While a 15-day period could indicate a trend it does not necessarily show a real estate markets long-term trend.

Posted by Jason A. Brown

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