What is Homestead Exemption?

The Mississippi Tax Commission performs two functions in reference to homestead exemption. The first function is to determine the eligibility of taxpayers who wish to obtain an exemption from ad valorem property taxes. The second function is to reimburse the taxing unit who suffers a tax loss because of its exemption. Homestead Exemption is a privilege offered to eligible taxpayers by the State of Mississippi. It is very important to remember that the exemption is not granted automatically. You must file an application and each taxpayer must qualify for the exemption. You have from January 2nd – April 1st to file your homestead tax exemption. Below are details of how to qualify and what you’ll need to provide when filing. Should you have further questions about any of these details, you can refer to the Homestead Exemption FAQ page found on the ms.gov Department of Revenue website.

In Mississippi, you are elegible to file your Homestead Tax Exemption in 2024 IF any of the following changes were made in 2023:

• You bought property and it is your primary home
• If you sold part of your homestead property
• If you bought more acres and want to add it to the existing homestead
• If you married or divorced, or became widowed
• If you became disabled
• If you celebrated your 65th birthday

There are things you are going to want to have with you when you go to make this process as easy as it can be.

• Recorded deed filed in 2023
• Closing Disclosure
• Social Security numbers for you (and spouse, if applicable)
• Tag numbers of all privately owned vehicles in your name
• If you are 65 or older, Driver’s License or Birth Certificate
• If disabled: TPQY form from SS Administration stating:
  • your name and SS number
  • Entitlement or eligibility date

The process of filing your Homestead Tax Exemption is very simple. However, if you need any assistance, call your ERA agent!

Considering our status as a college town with a growing population and diverse economy, there are many reasons you should invest in Starkville, MS real estate. It can be a very promising opportunity, and here are some factors to consider:

1. Local Economy: Starkville is home to Mississippi State University, which serves as a significant economic driver for the area. Consider the stability and growth potential of industries such as education, healthcare, technology, and agriculture, which contribute to the local economy.
2. Rental Demand: There is a consistent demand for rental properties in Starkville due to the large student population attending Mississippi State University. When considering the reasons  to invest in Starkville, MS real estate, analyze the vacancy rates, rental yields, and rental trends in different neighborhoods to identify areas with strong rental demand and potential for rental income.
3. Property Types: Starkville offers a variety of property types for investment. These include single-family homes, multi-family properties, student housing, and commercial real estate. Our knowledgeable agents will help you evaluate the pros and cons of each property type based on your investment goals, budget, and risk tolerance.
4. Location: Location plays a crucial role in real estate investment success. Research different neighborhoods in Starkville to identify areas with desirable amenities, low crime rates, good school districts, and potential for appreciation. Proximity to Mississippi State University can also influence property values and rental demand.
5. Market Trends: Stay informed about market trends, including home prices, inventory levels, and sales activity in Starkville. Monitor changes in the real estate market and economic indicators to identify emerging opportunities and potential risks. We post quarterly market updates on our social media to share this information on Starkville and including all 7 counties in the Golden Triangle region.
6. Financial Considerations: Calculate the potential return on investment (ROI) for properties in Starkville by analyzing rental income, operating expenses, financing options, and expected appreciation. Consult with a financial advisor or real estate professional to assess the financial feasibility of your investment strategy.
7. Property Management: Determine whether you’ll manage the property yourself or hire ERA Town & Campus Realty as your potential property managers. Consider the responsibilities involved in property management, such as tenant screening, maintenance, rent collection, and legal compliance.
8. Legal and Regulatory Factors: Familiarize yourself with local laws, zoning regulations, landlord-tenant laws, and tax implications related to real estate investment in Starkville. Ensure compliance with all legal and regulatory requirements to avoid potential liabilities and penalties.

Before making any investment decisions, conduct thorough research, consult with your local ERA real estate professionals who are experts with the Starkville market. By taking a strategic approach and staying informed, you can make informed investment decisions and potentially achieve long-term success when you’ve found the perfect reasons to invest in Starkville, MS real estate market.

Houses For Rent in Starkville, MS – Currently Listed by ERA Town & Campus Realty

Finding houses for rent in Starkville, MS can be a daunting task. Given the number of people that are associated with Mississippi State University residing in Starkville, rentals can be hard to locate. Most successful home searches occur months in advance of the start of the school year in August. Here are some tips to help with your rental property search in Starkville. As always, you can contact our office and ask for an updated list of available properties.

1. Online Rental Platforms: Websites like Realtor.com, Rent.com, and Apartments.com allow you to search for rental properties by location, price range, and other criteria. You can specify Starkville, MS, as your location and filter the results to show houses for rent.
2. Local Real Estate Agencies: Contact real estate agencies in Starkville directly. ERA Town & Campus Realty has listings for rental properties, including houses. You can find these agencies through an online search or by visiting their offices.
3. Classified Ads: Check local newspapers or online classified ads such as Craigslist for rental listings in Starkville. Sometimes, landlords and property managers post ads directly in these publications.
4. Social Media: Find companies like ERA Town & Campus Realty on Facebook, Instagram, X, YouTube and many other channels. They often share rental listings or may know of available properties through word of mouth.
5. Drive Around: Take a drive or walk around neighborhoods in Starkville and look for “For Rent” signs. Some landlords may not advertise online and rely on signage to attract tenants.
6. University Resources: If you’re a student or affiliated with Mississippi State University, check university bulletin boards, websites, or housing offices for rental listings geared towards students.
7. Word of Mouth: Let friends, family, and colleagues know that you’re looking for a rental in Starkville. They might know someone who is renting out a property or can provide useful leads.

By utilizing these methods, you should be able to find a variety of houses for rent in Starkville, MS, and choose the one that best suits your needs and preferences.

Here is a short list of addresses currently available for rental starting in August of 2024 from ERA Town & Campus Realty, (662) 615-6077.

Sell my Home? Is the time right? It can be an exciting but challenging process. To maximize your chances of a swift and successful sale, it’s crucial to present your property at its best. From enhancing curb appeal to decluttering and staging, here’s a comprehensive guide on how ERA Town & Campus Realty Agents help prepare your home for a sale that will attract potential buyers and secure the best possible offer.

1. Sell My Home? Curb Appeal Matters: 

The exterior of your home is the first thing potential buyers see. Make sure it creates a positive and lasting impression:

• Landscaping: Trim overgrown bushes, mow the lawn, and plant colorful flowers to add vibrancy.
• Exterior Repairs: Address any visible issues such as peeling paint, loose shingles, or broken steps.
• Front Door: A fresh coat of paint or a new door can make a significant impact. Ensure the doorbell works and is in good condition.

2. Deep Clean and Declutter: Less is More

A clean and clutter-free home allows potential buyers to envision themselves living in the space. Take the following steps:

• Deep Cleaning: Scrub floors, clean carpets, and pay attention to details like baseboards and light switches.
• Declutter: Remove personal items, excess furniture, and anything that doesn’t contribute to the overall aesthetics.
• Storage Solutions: Invest in storage bins to neatly stow away personal items during open houses.

3. Repairs and Maintenance: Address Minor Issues

Small issues can become deal-breakers for potential buyers. Ensure that all systems are functioning optimally. If you aren’t certain, contact a licensed home inspector for a pre-listing inspection:

• Plumbing and Electrical: Fix any leaks, drips, or faulty switches. Consider hiring a professional for a pre-sale inspection.
• Painting: A fresh coat of paint in neutral colors can make the home feel well-maintained.
• Flooring: Repair any damaged tiles or floorboards. Consider professional cleaning for carpets.

4. Stage Your Home: Create an Inviting Atmosphere

Staging involves arranging furniture and decor to highlight your home’s best features and create a welcoming environment:

• Furniture Placement: Arrange furniture to showcase the flow of each room. Avoid blocking natural pathways.
• Neutral Decor: Choose neutral colors for decor and furnishings to appeal to a broad range of tastes.
• Lighting: Ensure each room is well-lit. Clean windows, replace light bulbs, and open curtains to let in natural light.

5. Sell my home? Hire Professional Photography: Capture Your Home’s Best Angles

In the digital age, most homebuyers start their search online. Professional photographs can significantly impact a buyer’s perception:

• High-Quality Photos: Hire a professional photographer to showcase your home in its best light.
• Virtual Tours: Consider creating virtual tours to give potential buyers a comprehensive view of your property. Show it how you would want to sell my home to you.

6. Set the Right Price: Research the Market

Work with your real estate agent to set a competitive and realistic asking price:

• Market Analysis: Research recent sales in your neighborhood to determine a fair market value.
• Consult with Professionals: Seek guidance from real estate agents and appraisers to ensure your pricing strategy aligns with market trends.

7. Create a Warm Welcome for Showings: Personal Touches Matter

During showings, make your home feel inviting and memorable:

• Aromas: Light a subtly scented candle or bake cookies to create a pleasant aroma.
• Temperature Control: Keep the temperature comfortable, especially in extreme weather.
• Personalized Touches: Leave a personalized note or brochure highlighting key features of the home.

By following these steps, you’ll be well on your way to preparing your home for a successful sale. Remember, presenting your property in the best possible light not only attracts potential buyers but also increases the likelihood of receiving competitive offers. Good luck on your home-selling journey!