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Dayv Morgan

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By Dayv Morgan

Dayv Morgan

As summer approaches and the weather warms up, the thought of having a backyard pool becomes more desirable.

But many people are hesitant to add one, thinking the cost is too great, and the return on investment will be too small when it’s time to sell.

In Maricopa, however, neither seems to be accurate. Most appraisers will say a pool adds $10,000 of value to a home.

In some parts of the Valley, pools are very common. Over the last month in Chandler, for example, almost 50 percent of the homes sold had a pool.

But in Maricopa, the number of properties with pools is quite low. Over the same 30-day period, only 22 of the 178 closed homes had pools (12.3 percent). Therefore, the added value is much higher than $10,000, often $25,000 or more in retail value.

So, what does it cost to keep cool?

A basic 80-foot perimeter pebble tec pool, with a maximum depth of 5 feet, should cost about $22,000, depending on the access to the yard. This means in most cases you will get at least a 100 percent return on investment.

If you add other pool features such as a waterfall, spa, in-floor cleaning system or heater, the price will jump quickly and the overall return for the pool investment will decline.

Another factor to consider is the “days on market” when you list your home for sale. Properties with pools tend to sell much faster than those without.

In the last month listings, Maricopa homes without pools took an average of 73 days to sell, while homes with pools sold almost twice as fast, in only 37 days.


Dayv Morgan is a Maricopa Realtor and owner of HomeSmart Success.

844-811-7653

DayvMorgan@gmail.com


This column appears in the May issue of InMaricopa.

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Dayv Morgan

By Dayv Morgan

At about 50,000 people, the city of Maricopa is significantly smaller than Maricopa County, which boats a population of 4.2 million.

Despite our small-town feel, Maricopa does almost double the ratio of VA home loans over the Maricopa County housing market.

Between January and September, VA loans made up 12.4 percent of the loans for closed home sales in the city. Maricopa County’s VA loan figure was 6.9 percent over the same period.

Because VA home loans require veterans to occupy the homes they purchase, it could safely be assumed we have a very patriotic city with twice as many veterans and active duty servicemembers purchasing homes per capita as the Phoenix area.

There are many benefits for those who qualify for a VA loan. According to the U.S. Department of Veterans Affairs, generally there is often no down payment unless required by the lender, no private mortgage insurance, no credit score requirement and VA loans can also be used to refinance an existing home.

Veterans and active duty servicemembers who meet certain length-of-service requirements are usually eligible for a VA loan, along with other certain groups of individuals. To learn if you are eligible, call the VA at 1-877-827-3702.

Dayv Morgan, HomeSmart Success

844-811-7653

DayvMorgan@gmail.com


This column appears in the November issue of InMaricopa.

Dayv Morgan and his family are among the participants in Maricopa's Holiday Homes and Businesses on Parade. Photo by Jake Johnson

By Chris Swords Betts

Dayv Morgan, a top contender in Maricopa’s 13th annual Holiday Homes and Businesses on Parade, will flip the switch on this year’s display at his lighting party on Dec. 9 at 6 p.m.

This is Morgan’s third year in the competition. He won Best Overall in 2014 and took Best Light Show last year. Even outside the competition, his home has become a go-to site for residents looking for Christmas lights.

“The key is picking good songs,” Morgan said.

This year, there are three songs in the line-up. Galloping Jingle Bells will be one of them.

“The other songs are decided, but they will be a surprise,” said Morgan, a local Realtor. “I do have a song from a recent Disney movie for the kids.”

A video of the light show will be posted to Morgan’s business Facebook page (Dayv Morgan of Homesmart Real Estate). For every new “like” his page gets, he said he will donate $1 to F.O.R. Maricopa, up to his goal of $5,000.

“They can always use more donations, more help and more food,” Morgan said.

Morgan said last year’s Facebook video had more than 10 million views.

Despite the popularity of his display, Morgan said traffic has not created a problem on his street in Palo Brea.

In 2014, the Morgan light show won the top prize.
In 2014, the Morgan light show won the top prize.

“My neighbors have been great,” Morgan said. “They’ve been very supportive and encouraging.”

His first year in the competition, Morgan used Let It Go from the movie “Frozen” for his display.

“People would roll down their windows and blare it,” Morgan said. “I know that was probably a little annoying for my neighbors.”

Inez Ramirez lives across the street from Morgan. She and her two children, ages 15 and 20, enjoy the display each year.

“They do an amazing job,” Ramirez said. “They put a lot of time and energy into it.”

Morgan said his display began as a childhood dream, and it has exceeded his expectations. “At the same time, it’s certainly created a lot of work.”

Maricopa Holiday Homes & Businesses on Parade

The City of Maricopa is hosting the 13th annual Holiday Homes & Businesses on Parade Dec. 9-18. Deadline to enter was Dec. 1.

There will be judging by a city committee, which will visit all participants Dec. 13-14. Their results will be announced Dec. 20.

Niesha Whitman, the city’s events manager, said homes will be judged in four categories: Best theme, best light show, best use of color and Best on Parade, which has a $300 cash prize. Best Business will receive a fee waiver on a banner permit for six months.

Community members also have a voice in the proceedings. The winner of the Resident’s Choice award wins $300 as well.

“If a house wins Best on Parade three times, they get put in the Hall of Fame and won’t compete again,” Whitman said.

For a full list, go to http://bit.ly/2eOapPv.

Last year’s set-up took about 200 man-hours, not including the music programming, which he has begun to outsource. Morgan said each minute of music takes about 10 hours to program.

“It’s usually late summer that I start stressing out about it,” Morgan said. “Once I have a plan, I’m a lot better.”

Morgan said because he left some of the smaller displays together in storage units, he is hoping he can cut his set-up time in half.

He rents two units to house his decorations, spending $2,000 a year just on storage.

“It’s definitely not an inexpensive project,” Morgan said.

However, Morgan said the cost of electricity is minimal, increasing his bill by only $100 to $200 for the month the display is lit. Morgan bought 100,000 LED lights when he began his display two years ago.

“There is a competitive side to it,” Morgan said. “But ultimately it’s about the Christmas spirit and doing something special for the kids.”

“This is a great opportunity for everyone in the community to come together,” Ramirez said.

Morgan’s home is at 43954 W. Palo Abeto Drive. The display will be lit from 6 p.m. until 10 p.m. every day until the New Year. Tune into 96.3 for the show’s music.


This story appears in the December issue of InMaricopa.

Last year, Dayv Morgan’s Facebook video of the award-winning Christmas light show at his home garnered 20,000 views. This year, he wants to direct that interest to a great cause.

“We wanted to turn that into something good,” Morgan said.

His family’s new light show is again posted on his HomeSmart Facebook page. This time, for each “like” the video receives, he will donate $1 to the Rocking 4D Foundation up to $5,000.

Rocking 4D Foundation is the parent organization of “pay it forward” projects started by the parents of Nate Ford.

The Maricopa teen was killed in a traffic accident in August.

Jennifer and Doug Ford wanted to continue their son’s legacy of genuine acts of kindness. That has included founding the Rocking 4D Foundation to create Mothers of Everyday Heroes, Maricopa March Madness and Game Day Baby!, which will be launched in spring.

Morgan said he has gotten to know the Fords since the tragedy and wants to direct attention to their good works in the wake of their loss and to honor Nate’s memory.

“I thought this would be a good way to bring publicity to the 4D Foundation,” he said.

To see the light show in person, the Morgan home is at 43954 W. Palo Abeto Drive.

For more information, call Morgan at 480-251-4231.

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Generally, the holiday season brings a slower real estate market to Maricopa.

Tis’ the season for falling temperatures and raising holiday decorations, but it is also a time for families to settle in and the local real estate market to slow.

We asked a few local Realtors how the holiday season affects residential real estate in Maricopa. Each looked at the situation from a different perspective, but all came to the same conclusion.

Pat Lairson
Pat Lairson

Pat Lairson, Coldwell Banker Residential Mortgage

“Most people either want to move before Christmas of after the first of the year. I have noticed a slowing down the last two weeks of [December]. Because of this, Realtors get a little more time to enjoy the holidays with their families.

“On another note, if you want a tax write-off for 2015, you must close by Dec. 31 and some people try to complete transactions by then.”

Dayv Morgan, HomeSmart Success

Dayv Morgan
Dayv Morgan

“The holiday season tends to slow the market down in Maricopa. Despite the cooler weather there is really not a big frenzy of snowbirds coming to buy during November and December, as some might suppose. Most people would rather be settled for Thanksgiving and Christmas than packing boxes or unloading a moving truck, and the holidays can be overwhelming enough without the added costs and stress that go into buying and selling a home.

“Typically, after the New Year holiday, we start to see demand increase again. For the last 12 months, November and December were the slowest months for getting homes under contract. The combined total of pended listing for November and December of 2014 (85 and 87, respectively) is still less than the 174 listings that were pended in March of 2015.”

Terry Sperry
Terry Sperry

Terry Sperry, Coldwell Banker Residential Mortgage

“Even though it’s a busy time of year full of holiday activities, as a general rule it seems there are fewer buyers out looking at that time, but the buyers who are looking are often seriously looking to buy. With our winter visitors, though, they are always looking while they’re here – especially since they may not be visiting family over the holidays.

“If you are a seller, homes conservatively dressed up for the holidays give a festive, inviting look to your home and put the potential buyer in a homey mood.”

This story was published in the November issue of InMaricopa News.