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Archives: April 2018

DIY Upgrades That Make Your Home Sell for More

Spring is upon us, and with spring comes another anticipated time of year: home selling season. Traditionally, spring is one of the most popular times to list a home for sale. It’s also an excellent season for spring cleaning and trying out a few home-improvement projects on the weekends.

If you’re thinking about selling your property, or simply want to up its resale value down the road, take a look at our most recommended home improvement projects. Not only are these projects simple and affordable, they’re sure to increase your home’s overall value.

Two Key Places to Start Your Upgrades

Can you guess which two areas of a home are most important to buyers? The kitchen and bathrooms. This is because these are the rooms where people tend to spend a lot of time.

The Kitchen

Spacious open kitchen with wood floors.Oftentimes, the kitchen is the first place potential buyers rush to when they’re touring a home for sale. This room is considered the “heart of the home.”

While the idea of updating your kitchen can be scary (all those expensive new appliances!), improving this room doesn’t have to break the bank. There are many projects you can complete to upgrade your kitchen that cost less than $1,000.

These inexpensive kitchen improvements include:

Add a Tile Backsplash

This is a relatively affordable project, and if you’re handy enough, you can do it yourself. For a really easy option, purchase backsplash made from a single sheet of material.

Refresh Your Cabinetry

White cabinets in a large open kitchen.It’s as simple as switching out old handles and pulls, painting old cabinets, or replacing cabinet doors with glass-paneled ones.

Quick fixes like this can breathe new life into an older kitchen.

Install a Water Filtration System

While it may not add a whole lot of money to the selling price, this is one small detail that may win over potential buyers. They won’t need to spend extra grocery money on bottled water if they have a water filtration system built in.

The Bathroom

The second most popular room of the house is the bathroom.

If a spa-like renovation isn’t in the budget, don’t worry! There are plenty of ways to update your bathroom without spending thousands of dollars on repairs.

Update Fixtures

Swapping out old sink faucets, towel racks, and drawer pullers can make a huge difference in the bathroom’s overall appearance.

Re-do Caulk and Grout

Pristine white bathtub.Old grout can be quite unsightly, but it’s easy to fix!

Simply scrub the grout clean and add fresh lines of caulk around the tub and sink.

It might take a little elbow grease, but it’s inexpensive and can make your bathroom look cleaner and newer.

Save on Countertop Upgrades

Have your heart set on granite countertops? You can save money by buying a slab containing imperfections. Since the sink takes up most of the surface area, you may not even notice the imperfections!

Other Simple Fixes that Add Value to Your Home

Large home improvement projects aren’t the only way to add value to your property! There are a host of other small upgrades that can freshen up the rest of your home and increase its value to home buyers.

Add Some New Paint

Happy couple in dirty overalls sitting on the floor of a freshly painted room.Gather your friends and spend the weekend painting! Opt for high-quality paint with a satin finish. Don’t forget plenty of painter’s tape to protect moulding, fixtures, or light switches, as well as sheets to cover flooring.

Opt for neutral colors like slate gray and ivory, or popular colors like aqua and cool green. However, when it comes to selling a home, neutral colors are best.

Replace Old Light Fixtures

Dull, dim, or tarnished fixtures can make a room seem older and darker. Fortunately, upgrading lighting can be fairly simple. This could be anything from updating overhead lighting to replacing fluorescent bulbs. Bonus points for energy efficient features like LED bulbs! Opt for less expensive lighting if you need to hire an electrician.

Another easy lighting upgrade is replacing traditional light switches with dimmers.

Need More Recommendations for Upping Your Home Value?

We’ve got your back. We’d love to give you a list of home improvement projects that will get you the most bang for your buck. All you have to do is ask.

Give us a call today to get started.

How to Make a Wants Vs. Needs List for Your Home Search

It’s spring, which means home buying season has officially arrived! If you’re on the hunt for a new home, chances are you’ve already thought about the features you’d like to have.

However, one important part of searching for homes is making a distinction between your needs and your wants. Needs are amenities or features you can’t live without, while wants are things that you’d like to have (but they ultimately wouldn’t affect your home buying decision too much).

Two-story suburban home with a large garage and grey shutters.Ideally, you’ll want to come up with this list of needs (e.g. 3 bedrooms, under $200k, close to schools) and wants (e.g. fiber internet connection, stainless steel appliances, walk-in closets) before you start looking for homes. This will save you time along the way as you browse dozens, maybe hundreds, of homes online or in person.

Here’s a guide for distinguishing between your wants and needs:

Your Needs

To begin, come up with a list of priorities. What are some features or amenities that are non-negotiable? Do you need a home with a certain number of bedrooms? Maybe it has to be in a specific location — close to public transit, near a popular attraction, or within a local school district.

Write your priorities down on paper or in a smartphone app to better visualize what you need in a home. Here are some things to consider:

Lot Size

Small black and white dog sitting on a green lawn with a wooden fence behind him.How much outdoor space do you need? This is one feature than tends to be at the top of home buyers’ minds.

If you have a dog or two, you may want a large fenced-in yard so they have plenty of space to run around. You might also be interested in starting a garden, or perhaps you just like the extra space for peace and quiet.

Home Size

Your specific needs determine how much space you need in a home.

Do you anticipate any future changes in your household size? If so, you should think about how much space you may require to accommodate those changes. The larger your household, the more bedrooms and bathrooms you’ll need (unless you want to spend mornings waiting for your turn to shower).

You may also consider if you’d like to have a large basement or bonus room to turn into a game room or home theater. If you’re an avid hobbyist, you may need an additional room for your workshop.

Location

Man driving a car with his hands on the wheel.Think about where you currently live. Are you close enough to conveniences like grocery stores, local employers, or schools? Do you dread driving home in the afternoons because of bumper-to-bumper traffic?

Make a pros and cons list about your current location and base your new list off of the features you like or wish you had.

Budget

When you’re coming up with your list of needs, one of the most important factors to consider in your home search is your budget.

A great way to set your budget is by meeting with a lender to get pre-approved. During this process, the bank will go over all your financial information and let you know exactly how much they’re willing to lend you.

Your Wants

Spacious open living room filled with natural light.Once you narrow down your list of needs (the biggest of which is your budget), you should tackle your list of wants.

Try focusing on amenities or special features that will increase your property’s resale potential (for when you decide to sell down the road).

Value-boosting home features can include dual-pane windows, additional “flex” rooms (such as a finished basement or in-law suite), and LED lights or other energy-efficient features.

Not only can these amenities increase your quality of life, they’ll likely get you more money in the long run when you decide to sell.

Prioritizing Your Wants and Needs

Smiling couple looking at a computer researching their budget.It can be challenging to find a home that has everything you need, everything you want, and is still within your budget.

Ultimately, you should prepare to make compromises along the way. (Which is more important, having a spa-like master bathroom or living less than 10 minutes away from the grocery store?)

Here are a few tips you can follow:

  • Consider any additional costs of certain home features and amenities. For example, if you want a bigger yard, make sure you have enough time to take care of it or the means to hire someone to maintain it for you.
  • Don’t always choose the latest upgrades. A number of different factors determine the cost of a home. Amenities like granite countertops and whirlpool tubs are likely to increase the price tag.
  • Adjust your list if necessary. You may realize during your home search that what you thought was a need is actually just a want.

Last on Your Checklist: The Right Realtor

Using your wants and needs list, a good Realtor can create a personalized list of potential homes that meet all your criteria.

That’s where we come in. Allow us to use our unique home buying expertise to help you find the home that’s just right. Give us a call today to get started.