The Gellman Team Real Estate Blog

Welcome to another edition of Mark’s Market Update.

Klondike Park is located on the banks of the Missouri River, about 40 miles west of St. Louis. The 250-acre park boasts more than 4 miles of trails and scenic views of the Missouri River Valley. 

Before becoming a park, Klondike was a quarry. Indeed, the name Klondike brings to mind images of forty-niners panning for gold. Missourians were not prospecting for gold, but rather for sandstone. The sandstone was crushed for the silica to be used in glass production. 

The Klondike Sandstone Quarry was founded in 1898, at the eastern end of a 45 mile belt of St. Peter Sandstone. This type of sandstone is 99.44% silica, ideal for harvesting to blow into glass. The quarry was closed in 1983 and became part of the St. Charles County Park system in 1999.

We get to work with some amazing clients and some truly beautiful homes. This new blog series takes the form of a photo essay looking inside some of our current and past listings. Our goal is to inspire you whether you're renovating your home, preparing to sell, or just interested in design. How can you put your unique stamp on your home? How can you make your space standout? In this installment, we investigate lighting.     

Lighting is one of the most important elements in any space. It's not only functional but can also highlight intricate details, accentuate architectural features, create ambiance, and complete a space aesthetically. Lighting fixtures can be a unique statement piece that becomes the focal point of the room and gives your home a

7525 Stanford Avenue is located at the heart of University City in the Gannondale subdivision, just off of Hanley Road and Cornell Avenue. This 4 bedroom, 1.5 bath home is nestled on a quiet, tree-lined street with beautiful curb appeal and historic charm. 

This area was predominantly farmland until the turn of the 19th century. Dirt roads from St. Louis ended at Hanley Road and Delmar Boulevard was just west of the city limit. Delmar was already a popular destination with a race track, amusement park, and taverns; however, visitors rarely traveled further west and instead returned to St. Louis. 

The trajectory of what is now University City changed in 1902, when publisher Edward Gardner Lewis purchased 85 acres northwest of the 1904 World’s

Next week, look for one of our new listings: 37 Lake Mill Lane, Chesterfield. The house is situated on nearly half an acre in a private, wooded neighborhood and was constructed in 1967. It features hardwood floors throughout, 6 bedrooms (including a spacious master suite), and a large deck. The house also has easy access to Interstate 64 and highway 141, as well as the Town and Country Crossing shopping center. An added bonus is the house’s proximity to the Edgar M. Queeny County Park (or just Queeny Park), less than 2 miles south. 

Queeny Park consists entirely of land from the former estate of Edgar Monsanto Queeny, the former president and chairman of the board of the Monsanto Chemical Company, which he inherited from his father. The family

Welcome to Another Edition of Mark's Market Update

Hello and welcome to another edition of Mark’s Market Update: It’s like groundhog day, incredible interest rates! We’re seeing 30 year for buyers under 2.6% these are unprecedented times. Buying power has increased exponentially, but prices are also going up.

In the majority of markets where there have been strong sales over the last year, there is less than 2.5 months of inventory.‼️ Incredible times right now but as we go into the fourth quarter with the election with the unknowns, PPP money, stimulus money, and Covid we don’t know what it looks like.

So right now:
-if you’re a seller get your home on the market because it is a strong sellers market.
-If you’re a buyer you have to be

4126 Whitehall Drive in Arnold is one of our coming soon listings. The house has been beautifully updated with laminate floors throughout, custom kitchen cabinets, and a spacious lower level. The raised ranch was built in 1996 on a small hill with easy access to Highway 55. It is also located just 2.5 miles, or about a 6 minute drive, from the Mastodon State Historic Site, part of the Missouri State Parks system. 

In 1839, Albert C. Koch led a team of archaeologists investigating a report of weathering bones along Rock Creek. Koch was convinced he had discovered a new species, which he named the Missouri Leviathan, but what he actually had was an American mastodon. The specimen is now on display at the British Museum. 

Over the years,

Our recent listing 178 Log Mill Road is situated just off Kehrs Mill Road in Ballwin. The house features more than 3,200 square feet of living space complete with a luxurious kitchen with double ovens and wine cooler, spacious living room, custom built-ins throughout, and a finished basement. In addition to these features, the house is also located just down the street from the Barn at Lucerne, a community hub of Ballwin and a local historical landmark. 

The Barn at Lucerne, originally known as the Blue Grass Stock Farm, was owned by Henry Bopp around the turn of the 19th century. In 1906, he built two barns, reportedly out of bricks salvaged from the 1904 World’s Fair, also called the Louisiana Purchase Exposition, held in St. Louis. 

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Earlier this week, The Gellman Team listed 630 Adams Street: a 2 ½ story home located on a corner lot at Adams Street and 7th Street in the Midtown Historic District of St. Charles.

The Midtown neighborhood encompasses about 40 blocks northwest of Main Street and was first developed in the mid-1800s as the city began to expand west from the Missouri River. The historic significance of the district ranges from 1838 to 1959, and exemplifies both the vernacular and high style national trends for this 121 year period.

According to county records, 630 Adams Street was constructed in 1900; however, other sources like the 2014 National Register of Historic Places Midtown Historic District nomination list its construction date as c. 1870. This makes

Welcome to another edition of Mark’s Market Update. 

Welcome to another edition of Mark’s Market Update. 
The message is consistent: ‼️
• It is a sellers market 
• Interest rates are at historic lows
• Buyers are having trouble winning multiple offers and finding the right home 

I’m going to provide some strategies that buyers are doing in today's market to win a multiple offer and win the purchase of that home. *a couple things that we are going to talk about are not for everybody. Every buyer has to be prepared to learn the ramifications of doing these before writing them in the contract. 

• We are seeing many buyers buying the home as is. They have the right to do full inspections, but the seller has assurances knowing that no