Lesa Miller, Broker | REALTOR®
Lesa Miller Real Estate
RE/MAX Acclaimed Properties
Serving Bloomington, Bedford and the Surrounding Indiana Communities
📞 (812) 360-3863
📧 [email protected]
🌐 https://LesaMillerRealEstate.com

WELCOME TO BLOOMINGTON BUYER'S COURSE

Here's What You Need to Know About Buying a Home in BLOOMINGTON...

WELCOME TO BLOOMINGTON BUYER'S COURSE

Here's What You Need to Know About Buying a Home in BLOOMINGTON...

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Buyer's Course

NAR HAS SETTLED

Module 1: You Need An Expert

Module 2: Buyer's Compensation

Module 3: Choosing the Right Lender

Module 4: Making an Offer and Negotiations

Module 5: Your Offer Is Accepted

Module 6: Inspections Are Complete

Module 7: The Final Steps

Module 8: Erin Brockovich Buyer Compensation

EXCLUSIVE MARKET UPDATES

Nestled in the vibrant heart of Bloomington, Indiana offers an unparalleled blend of serene suburban living and the convenience of city life.

Whether you're a first-time buyer or looking to upgrade your living situation, our tailored market updates, captivating community videos, and comprehensive real estate insights make your home-buying journey seamless and enjoyable.

Stay ahead of the curve with our up-to-minute market updates. From the latest listings to price trends, we ensure you have all the information you need to make informed decisions. Bloomington, Indiana real estate landscape is dynamic, and with our expert analysis, you're always in the know.

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Considering Buying?

Buying a home can be an exciting but also challenging experience. If you're planning to buy a Bloomington Indiana property, it's important to be prepared and aware of what to expect throughout the process. This short guide is designed to provide buyers like you with valuable insights and tips to navigate the purchase of your Bloomington property successfully.

ACCESS TO:

Home Buyer's Guide

Navigating the Current Market

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Spring is here!

The Spring Real Estate Market is thriving, and we are seeing a significant increase in demand for homes in Voorhees, especially from millennials.

In fact, the current absorption rate in our area is only 3 months, which means that if no more homes come on the market, we will only be able to sustain the current demand for up to 3 months.

This is great news for anyone considering selling their home, as the high demand can lead to a boost in your bottom line.

If you are thinking about selling your home, now is the perfect time to do so. To get started, it's essential to focus on your curb appeal, which can significantly impact the value of your property. That's why we've put together a helpful checklist to help you get started.

Friendly reminder: Before you make a repair, be sure to check with a real estate agent to make sure it is worth your return on investment. Feel free to Book A Call with me if you have any questions or want a free consultation!

Are you a little behind on your spring cleaning? Grab a copy of the Ultimate Spring Cleaning Checklist that was featured last month.

Preparing for a possible move this summer? Click below to check out our moving checklist to get your whole house ready for the next home!

Want to know what is happening throughout Bloomington Now?

Click below for a full live schedule of local events around town!

DOWNLOAD TO ACCESS:

10 Commandments Of Buying A Home


DOWNLOAD TO ACCESS:

The Complete Guide to Buying A Home

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buying new construction? buyer beware

Local market update

NAR's Commission Settlement:

Understanding Buyer's Agent Compensation

National Market Update

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MEET LESA

We help you throughout the entire selling & buying process!

Lesa Miller | Realtor Lic# RB14023899

Lesa Miller is a Bloomington–Bedford area real estate professional with more than two decades of experience helping buyers and sellers make smart, confident real estate decisions.

With a background in law and business, Lesa brings a practical, detail-oriented approach to every transaction. She helps clients understand the process, evaluate their options, and avoid surprises along the way.

As a RE/MAX agent, Lesa has earned recognition including the RE/MAX Platinum Level and RE/MAX Hall of Fame award. But her focus is simple: helping clients protect their interests, make informed decisions, and move forward with confidence.

Whether you are buying your first home, relocating to the Bloomington area, downsizing, or preparing for your next chapter, Lesa provides clear communication, steady guidance, and local experience you can trust.

WELCOME TO THE VIRTUAL HOME BUYER SEMINAR LIBRARY

Enjoy the latest & most up-to-date marketing & sales tactics to help you purchase a NEW home.

Thinking About Buying?

Are you thinking about buying a home but you don't know where to start?

  • ​Learn to take advantage of Tax Saving opportunities instead of throwing your money away

  • Walk through the important aspects of purchasing a home

What to Expect When Buying a Home

Purchasing a home is most likely going to be one of the largest investments you will make in your lifetime.

  • ​We have helped hundreds of clients in the past and we can help you too

  • My team and I are free! The seller pays for our fees and they have an agent who has their best interest at heart. We are here to have yours

Home Buying Process

First Step

The first step when looking to buy a home is getting qualified for a loan.

  • ​Before doing anything else you need to know what you can afford by getting qualified for a loan

  • ​Don’t go house hunting before going mortgage shopping

Pre-Approval vs

Pre-Qualification

Why you need an approval rather than just a pre-qualification.

  • Pre-Qualification is not a true approval but the initial step in a home loan process where you discuss your financial situation with a loan officer - nothing is verified

  • Pre- Approval is where the buyer provides the lender with the necessary documents to tell them what they are approved for, which loan option is the best for them and what the interest rate will be

10 Must Not’s When Buying a Home

Once you find your dream home, we need to make sure you get to move into it.

  • ​Don’t change jobs; becoming self employed or quit current job

  • ​Don’t buy a vehicles

  • ​Don’t use any charged cards or let your accounts fall behind

  • ​Don’t spend money you saved for closing

  • ​Don’t omit any debt or liabilities from your loan application

What are the Pros and Cons of Purchasing a Home?

Whether you’ve never owned a home before or it’s been a while since you’ve purchased, let's talk about the pros and cons.

  • Pro: Your wealth can increase as you build equity in your home through 2023 averaging about 3%

  • Con: Maintenance costs; work and money to keep a home in good condition

How Much Money Do I Need To Purchase a New Home?

Most people are afraid that it will cost them thousands and thousands of dollars to purchase a home in Brentwood.

  • ​There are various loans and grants to qualify to purchase a home

3 Tips To Get Your Offer Accepted

Are you competing with other buyers on your dream home or do you want to make sure you’ve got the best chance of getting your offer accepted?

  • Make sure you offered a competitive price on a home

  • Put down a larger earnest money deposit

  • ​Let the seller know that you have not written offers on any other properties

Offer Has Been Accepted, What’s Next?

Once your offer has been accepted, it's time to open up escrow.

  • It's time to get inspections done on the home, review disclosures, secure the loan, and get the appraisal done

WANT TO GET A FREE CUSTOM MARKET PROPOSAL?

Go to the next page to request a custom market proposal for your specific home

Community Videos

Lets Get You Prepared To Buy A Home

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Top 5 Things To Do In Brentwood

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Taqueria El Tarasco

41 Sand Creek Rd C, Brentwood

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335 Oak St, Brentwood

Visit our blogs for more real estate tips, home tips, and local information!

Bright dining area inside a Renwick home in Bloomington Indiana with large windows and modern finishes

What It's Like to Live in Renwick, Bloomington Indiana (A Local Broker's Honest Guide)

May 28, 20266 min read

People search “Renwick Bloomington” by name more than almost any other neighborhood I work in, and I get why. It's one of the few parts of town that has a real identity you can describe in a sentence. So when someone asks me what it's like to live there, I don't give them the brochure version. I give them what I'd tell a friend over coffee, which is exactly what I'm going to do here.

I've been selling homes in Bloomington for over 20 years, and I currently have a home available in Renwick, so fair warning, I have a horse in this race. I'll get to that home near the end. But the first part of this is just the honest picture of the neighborhood, the good and the parts that don't fit on a flyer.

Where Renwick Actually Is

Renwick sits on Bloomington's southeast side, off South Sare Road and East Moores Pike, a couple miles from Indiana University and downtown. The state road 45/46 bypass runs nearby and connects you out to Interstate 69, so getting across town, to IU Health Bloomington Hospital or up toward Indianapolis is straightforward. IU Health Bloomington Hospital is a short drive.

The thing that makes Renwick different from most Bloomington subdivisions is that it was built as a planned community with its own little center. There's an actual village center with businesses in it, not just houses. C3, a restaurant and bar, Crumble Coffee and Bakery, which has been roasting and baking in Renwick since 2013, and ALIBI are all right there in the Renwick Village Center. You can walk out your door, grab a coffee, and walk back. That's rare here.

The Layout, Honestly

Renwick is dense by Bloomington standards. A lot of the lots are well under a quarter acre, some closer to a tenth of an acre. The home I have available sits on 0.12 acres, which is typical for the neighborhood. If you want a big yard and a riding mower, this is not your spot, and I'd rather tell you that now than waste your Saturday.

What you get in exchange for the small lots is the walkability and the low-maintenance feel. There are walking and biking trails woven through the neighborhood that connect to the city's trail system, plus Cathcart Park right in the middle and Bloomington's Southeast Park adjacent to it. The streets have alleyways behind a lot of the homes, so parking and garages tuck around back and the street faces stay clean. The architecture runs traditional, Craftsman, Prairie, with some homes carrying limestone siding and front porches. There's a mix of single-family homes, paired villas, condos, and apartments. It's not a one-size neighborhood.

For schools, Renwick falls in the Monroe County Community School Corporation, with Rogers and Binford Elementary, Jackson Creek Middle School, and Bloomington High School South. Always confirm the assignment for any specific address before you fall in love with it, because boundaries can surprise people.

What Homes Are Actually Selling For

Here's where I can give you something the aggregator sites can't, because their numbers lump condos and the big custom builds together and the “median” comes out muddy.

Looking at single-family homes only, the ones that sold in Renwick since last June, the median sale price was right around $679,500. But that median hides a wide spread. Sales ran from the upper $400,000s all the way up to $899,000, depending on size, age, and lot. Renwick is not a single price band. It's a range, and where a home lands in that range depends a lot on square footage and how new it is.

The number I find more useful than the median is what the homes sold FOR compared to what they ASKED. Across those single-family sales, homes sold at an average of about 95% of their original list price. And here's the part worth paying attention to. Five of those ten homes sold at or within a hair of full asking, three of them at exactly 100% of original list. A couple sold in nine days, one in a single day.

So what's the catch? The homes that sat, and a few of them sat a long time, 137 days, 222 days, one for 750 days, were the ones that started high and had to keep cutting. That's the honest pattern in Renwick. Priced right, these homes move, sometimes in a week. Priced on hope, they sit for the better part of a year and sell for less than they would have if they'd started in the right place. (This is the same dynamic I'm seeing across Bloomington this spring, by the way. Buyers have gotten pickier and inspections tougher even as prices have softened a little. Well-priced and move-in ready still wins.)

Citation on all of that: based on most recent Indiana Regional MLS data, single-family homes in Renwick, condos and the mixed-use units excluded.

The Home I Have Available in Renwick

Okay, here's my horse in the race. I currently have 1580 S Renwick Boulevard listed in the Gentry Crest section, priced at $619,900.

It's a 4-bedroom, 3-bath, 2,590-square-foot home built in 2022, so it's barely lived-in newer construction. The thing buyers tend to care about most: the primary suite is on the main level, with a walk-in tile shower, and it's set apart from the other bedrooms. There's a dedicated study on the main floor too, a kitchen with solid surface counters and wood and tile flooring, an open layout, gas forced-air heat, central air, and a 2-car attached garage. HOA runs $450 a year. Cash, conventional, FHA, and VA all work.

Now let me show you why we priced it where we did. A nearly identical home, same 2,590 square feet, same 4-bed 3-bath layout, built just one year earlier, sold in this neighborhood recently for $615,000 and it went in nine days at full asking. My listing is one year newer and priced at $619,900. That's pricing it right on the number the market already proved it would pay, not on hope. Given the pattern I just walked you through, that matters.

There are a couple of cracks in the breakfast room windows, and the seller is already working with a local glass company on the repair. The home also has an ADT security system in place that a buyer can choose to activate with monitoring if they want it. None of that changes the value. I just don't want you to find it on inspection and feel surprised.

So, Is Renwick For You?

If you want acreage and elbow room, probably not, and I'll point you somewhere better. If you want a newer, lower-maintenance home where you can walk to coffee, hop on a trail, be ten minutes from campus and the hospital, and live mostly on one level, Renwick is one of the strongest options among Bloomington's east side neighborhoods. And right now I happen to have a well-priced one available.

If you're trying to figure out whether Renwick fits what you're after, or you want to see 1580 S Renwick Boulevard in person, call or text me at (812) 360-3863. I respond to every call and every message. I'll give you a straight answer, same as I did here.

Lesa Miller, Broker | REALTOR®
Lesa Miller Real Estate
RE/MAX Acclaimed Properties
Serving Bloomington, Bedford and the Surrounding Indiana Communities
(812) 360-3863
[email protected]
https://LesaMillerRealEstate.com

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blog author image

Lesa Miller, Broker|REALTOR®

I work with buyers and sellers across Bloomington, Bedford, Ellettsville, and the surrounding south-central Indiana communities. Some are downsizing. Some are relocating for work at Cook, Novo Nordisk, IU, or Crane. Some are parents buying a place for their student at IU. Some are first-time buyers trying to figure out where to start. What they have in common is they want a straight answer and a plan that fits their situation, not a sales pitch. 20+ years in this market. JD/MBA.

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WHAT PEOPLE ARE SAYING ABOUT US

"She has Always Been very Responsive"

"I cannot say enough good things about Lesa. She has helped me buy and sell several properties in the Bloomington and Bedford markets. She has always been very responsive and has gone far above and beyond when confronted with a difficult situation. I won't use anyone else."

- RJones47421

"A truly Professional Realtor."

"Lesa is very professional, attentive to detail and very easy to wor with. She has helped me navigate the often waters of buying and selling a home. Lesa is also a straight shooter and extremely honest with her clients. I can highly recommend her to anyone seeking a truly professional Realtor."

-Ross Hughes

"Would Recommend Her Without Reservation. ."

"Lesa is a very nice, friendly and professional realtor. She is well informed, knows the area and home prospects as well as the right contacts for everything. A fountain of information and always ready to assist. Would recommend her without reservation."

- HelenHarrell

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