Ohio – Preble County Homes

New Paris Ohio

New Paris, is a small community, founded in 1832, with a population of less than 2000 people.

Part of the charm of New Paris comes from its size and location. Nestled in a pretty valley among rolling hills, it is small enough to know your neighbors and large enough to provide community services.

New Paris has its own water and sewage systems. It has a Post Office with village and rural carriers, a branch of the Preble County District Library, and a volunteer fire department and emergency squad which is part of the PREBLE COUNTY enhanced 911 program.

Located northwest of Eaton Ohio in Preble County on State Route 320, it is just:

6.9 miles from Richmond, Indiana
8.8 miles from Eldorado, Ohio
12.1 miles from West Manchester, Ohio
13.3 miles from Eaton, Ohio
25 miles from Oxford, Ohio
44 miles from Dayton, Ohio

For more information about New Paris, visit the official New Paris Chamber of Commerce’s Web site.

Schools

Enter “National Trail Local School District” to get a detailed report card on the schools in New Paris.

Jobs

Industries providing employment are:

Manufacturing (28.5%)
Educational,health and social services (23.5%)

Homes In New Paris, Ohio

The average cost of a home in the village is $135, 503. Although most homes are older, averaging 60 years in age, new homes in New Paris can be found.

If you are looking for room to breathe, New Paris’ average lot size of 9.17 acres offers plenty of space to get away from your neighbors.

Interesting Facts About New Paris and Preble County

The Christmas song “Up On the House Top” was written in the village, in 1864 by the Reverend Benjamin Hanby.
Preble County is located in the heart of the old Northwest Territory. General Arthur St. Clair marched through this area in 1791 on his way to the Maumee River where he was defeated by Chief Little Turtle of the Miami.
Annie Oakley was born on a small farm outside of Greenville in 1860.
The historic National Road, which is known today as U.S. Rt. 40 is near New Paris. The road was created by an act of Congress in 1806, and signed into law by Thomas Jefferson
This small town, is just east of Richmond, Indiana
Preble County, Ohio, has seven covered bridges of which six are still used (Roberts Bridge is used occasionally).
The Preble County Fairgrounds hosts the famous Preble County Pork Festival the third weekend of September every year.

Small Town Living – Many Advantages

There are a lot of advantages to living in a small town. Compared to the state of Ohio as a whole, New Paris’

Unemployed rate is significantly below the state average.
Population density is below the state average for cities.

Get more information on New Paris Ohio.

Is New Paris Right For You?

Contact Steve & Devan Hafle today to let our team find the New Paris home or farm that best fits your needs.

New Paris, Ohio (Natural Springs Resort)

New Paris Ohio, Homes for Sale

How accurate are online estimates when it comes to Preble County Real Estate Values?

Zillow’s site features a property value tool, known as Zestimates, for consumers to use to see the value of their homes. They claim to be able to tell you the value of more than 100 million homes in the U.S., however the information offered by Zillow and other similar home value evaluation sites is not usually as accurate as you might think, especially when it comes to evaluating property values in smaller communities such as Lakengren.

Zillow’s algorithms use public record and user-submitted data. They put out automatic updates of property values weekly, and sometimes more often; however often times the accuracy of the information that Zillow uses is faulty. If the square footage, number of bathrooms or room sizes are incorrect, the estimate that they give for home values is also incorrect.

Furthermore, while Zillow tends to be pretty accurate when it comes to major metropolitan areas, such as New York City, Chicago and San Francisco,in smaller areas such as Lakengren, Eaton, Camden and other towns in Preble County, Ohio Real Estate the estimate that Zillow gives can be off by as much as 18%.

The reason for this is because the housing turn over rates in large areas are much greater than the turnover rates in smaller areas where people tend to live in their homes for decades (As is the case with Preble County real estate) as opposed to 3-5 years. The inaccuracy of this information can mean a difference of thousands of dollars when it comes to a real estate transaction.

Preble County Real Estate Zillow Accuracy Chart

The table above that shows Zillows accuracy for many counties in Ohio. Out of four stars, Preble county only receives two. The margin for error when it comes to Zestimates in our county is a whopping 18% and only in 11.6% of homes sold was Zillow’s “Zestimate” within 5% of the actual selling price. This tells us that this tool is extremely inaccurate when it comes to estimating the value of Preble County Real Estate.

Zillow is unable to account for many things including upgrades and individual features of each property. If you have made upgrades to your home, chances are some of those have increased the value of your property; however generalized estimates from home value sites have no way to account for these. That is why using an experienced Realtor, who has a firm understanding of your market and can provide you with a comparative market analysis of your local community is so important.

An excellent Realtor has experience in comparing homes within the neighborhoods of their community to create a detailed estimate of the listing price of a property. Price comparison is only one of the tools used by realtors when evaluating the market price of a home. This is where Zillow falls short, and it is why the estimate that is given by Zillow can be so far off, automated algorithms just do not have the ability to closely analyze the unique features of the homes and neighborhoods in Preble County, Ohio, Lakengren and other small communities.

Call Preble County Real Estate agents, Steve and Devan Hafle, today for an accurate experienced estimate of the value of your home.

The Village of New Paris, Ohio