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Archives: April 2019

Up Your Home’s Resale Value with These 5 Outdoor DIY Projects

Spring is here, and summer is closer than ever. That makes it a great time to get outside and spruce up your home’s exterior!

If you’re planning on selling your home soon, a little outdoor maintenance can go a long way. In fact, here are five outdoor projects you can do yourself that are sure to add resale value to your home.

Install a Fire Pit

Fire burning in a backyard fire pit.

Imagine spending a warm summer evening out back with your friends, sipping cool drinks and roasting marshmallows over an open fire. The truth is, installing a fire pit is easier than you might think!

A fire pit is made out of fireproof materials and should sit on a flat surface at least 15 feet away from your home and any trees. Here’s a how-to guide for building a backyard fire pit.

Remember, check your local building codes before beginning any type of construction!

Don’t have a yard for a fire pit? Turn your balcony into a cozy dining area instead!

Add Some Outdoor Lighting

Transform your backyard space for summer with lights that add both ambience and security. You can safely add low-voltage lighting to your front or backyard by yourself, even if you don’t have extensive electrical experience.

Whether you opt for motion-activated LED lights or hanging fairy lights, you have some great options to consider for your yard!

Have a nice back deck or balcony? Add some lights to make it a great place to gather any time, day or night.

Fix the Front Door

A front door with a key in the lock.

Your front door should be clean, bright, and welcoming! After all, it’s the first thing potential buyers will see when they enter your home.

There are a couple of different options to freshen up your front door. If it’s very old or damaged, you could replace it altogether. Other options for sprucing up your door include painting it a different color,touching up the paint job, or replacing the doorknob or knocker.

Live in a condo with an interior front door? You can still spruce up your entryway with a nice welcome mat and some potted flowers.

Power Wash the Exterior

Dirty siding on your home can make it look old and neglected, which can be a major turn-off for buyers! A simple solution to get your home’s exterior looking like new is to rent a power washer to take care of any dirt. We recommend renting a heavy-duty, gas-powered pressure washer, as these are the most efficient.

Depending on your home’s specific material (vinyl, stucco, brick, etc.), you will need to obtain a specific type of detergent to power wash your home. Be sure to opt for an environmentally friendly version!

Refresh Your Landscaping

The front exterior of a home that's been manicured with trimmed shrubs and flower beds.

Taking the time to properly maintain your landscaping—and adding a few new features here and there—can both increase your home’s resale value and attract more buyers. After all, real estate is all about the curb appeal!

Installing an attractive stone walkway, mulching your flowerbeds, planting new flowers or shrubbery, and planting trees are all great ways to improve your home’s landscaping.

Don’t have a yard? You can still spruce up your entryway and outdoor areas with potted flowers or hanging planters.

Looking for More Home-Selling Strategies?

We can help you increase your home’s value and get it sold fast. Contact our team today to learn more.

The Latest Featured Listing: A Pueblo Revival in a Coveted Neighborhood

Luscious green landscaping, iconic Pueblo Revival architecture, a full guest house, and over 4,000 square feet of room to roam—this home at 6504 Avenida La Cuchilla is the full package.

Located in the highly sought-after El Caballero Ranchitos neighborhood just off the Rio Grande and minutes from Downtown Albuquerque, this listing likely won’t stay on the market for long. Take a sneak peek at some of the amazing features, and schedule your private showing here today.

Stunning Landscaping

The front yard of 6504 Avenida La Cuchilla.

Perhaps the most striking part of 6504 Avenida La Cuchilla is the emerald green vegetation—colorful pops of flowers, verdant green lawn, and tree-lined perimeter. The yard is truly a flora-filled wonderland.

In addition to the rich plant-life surrounding the home, the front yard and back yard patios are also full of landscaping potential. Thanks to the fenced-in privacy and covered patios in the back, it’s the perfect space for entertaining. Just imagine rolling in your grill, setting up some outdoor furniture, and hosting the best barbecue of the spring!

Luxurious Kitchen

The kitchen at 6504 Avenida La Cuchilla.

Are you looking for a kitchen where you can perfect your favorite five-star recipe? One with enough granite countertop space to hold every course of your meal? One with state-of-the-art stainless steel appliances? The kitchen at 6504 Avenida La Cuchilla will check off all of your culinary boxes.

Other highlights of the kitchen include the stone flooring and skylight that keep the Pueblo Revival theme consistent throughout the home, and the sink window that allow plenty of sunlight to flood the room.

Cozy Living Spaces

The sitting room at 6504 Avenida La Cuchilla.

With both a formal living room and a large family room—both with beautiful white stone fireplaces—you’ll have plenty of room to kick back and relax.

Whether you’re looking to sit quietly and enjoy the ambience of a New Mexico night or host a lively game night, you’ll have plenty of space to spread out and soak everything in.

Expansive Office

The office at 6504 Avenida La Cuchilla.

Another highlight of the home 6504 Avenida La Cuchilla is all of the extra space to use creatively. The home includes an expansive office space, built-in desks and walls of shelves and cabinets.

If you’re looking to work from home, take up a new hobby, or simply spend time in thought, this office is perfect for all of your goals.

Full Guest House

The guest house at 6504 Avenida La Cuchilla.

Since the main home has four bedrooms and four bathrooms, there’s plenty of room for a guest or two. But you won’t even need it, thanks to the full guest house.

Located just off of the main house and attached to the garage, the guest house includes an extra bedroom, bathroom, and cozy fireplace. Whether you choose to rent out the space, offer it to a family member, or use it when guests come to town, it’s an incredibly convenient feature.

Ready To See It in Person?

When it comes to Albuquerque real estate, you won’t find many options as one-of-a-kind as the home at 6504 Avenida La Cuchilla. Don’t miss your chance to see it in person, and schedule your private showing today.

If you have any questions or would like more information about the area, give the experts at the Feil Team a call today!

Get Involved this Spring with These Albuquerque Events

Temperatures in the low 70s, warm sunshine and blue skies, blooming flowers and plant life—spring in Albuquerque is one of the best times of the year.

As the weather warms up around the city, so does the events calendar. With everything from free museum days to holiday celebrations, Albuquerque has an event for just about everyone.

Here are the can’t-miss events happening around the city this season.

Free First Wednesday at the Albuquerque Museum

An art museum.

The Albuquerque Museum is all about celebrating and educating visitors on the rich art and history of the city. The museum regularly hosts events like sculpture garden tours, walking tours through Old Town, and art workshops.

Don’t miss out on your chance to see all that the museum has to offer—totally free of cost—this Wednesday as part of the monthly First Wednesday event!

When: April 3rd

Aquarium Overnights

A stingray at an aquarium.

The Aquarium Overnights are your exclusive chance to see what happens at the ABQ BioPark Aquarium after dark! Think Night at the Museum, but at the aquarium (and minus the exhibits that come to life).

Learn a little more about the ocean species that call the aquarium home, participate in games and activities, watch themed movies in the theater, and even get up-close-and-personal with a few animals at the touchpool!

When: April 19th

First Sundays at the Museum of Natural History and Science

Dinosaur bones.

Once every month, the Museum of Natural History and Science opens its doors to New Mexico residents, free of charge.

Wander through the exhibits—including the current featured exhibit on the brain—and learn a little more about the unique history of the state and ecosystem!

When: April 7th

Earth Day Celebration and Children’s Seed Festival

Coffee bean sprouts.

With Earth Day happening later this month, the ABQ BioPark Botanic Garden is ready to celebrate with the annual Earth Day and Children’s Seed Festival!

Activities at the event will include fun lessons on seed diversity, seed ball crafts and artwork, and special seed-themed trivia, perfect for guests of all ages.

When: April 20th

Water Planet Day

A child filling a bucket with water.

Hosted by the New Mexico Museum of Natural History and Science, Water Planet Day is another event-filled and educational Earth-themed celebration.

Sit in on demonstrations from water organizations from all around the state, and learn everything from how to make a wind turbine to what it takes to create a working well model.

When: April 27th

Run for the Zoo

People running on a road.

Celebrating its 34th year of operation, Run for the Zoo is your chance to get active for a good cause! The Run offers tons of events, including a half marathon, a 10K and 5K run, a 5K walk, and a 1 mile fun run, all benefiting the Albuquerque Zoo.

Once the races are over, the top male and female participants in each age group will receive medals. Plus, your race number gets you free entrance to the zoo for the day!

When: May 5th

Make the Move to Albuquerque

No matter what your interests are, you’ll always find a way to get involved around Albuquerque.

If you’re thinking of making a move to the Albuquerque area, give the Feil Team a call! From helping you through the real estate process to giving you info on the area, we can help you have a successful and stress-free relocation journey.

Saving up for a New Home? Here Are All the Costs You Need to Know

Once you’ve found the perfect home and secured the loan, all that’s left to do is start chipping away at those mortgage payments…right? In actuality, there are a handful of other, often-overlooked expenses that come with buying a home, but as long as you know what you’re getting into, they’re plenty manageable.

Take a look at our comprehensive list of all the costs of buying a home.

One-Time Payments & Closing Costs

A person holding up keys to a house.

Closing Costs

For buyers, closing costs are typically low and range from 2-5% of your purchase price. A lot of these costs are one-time expenses, and totals can vary from state-to-state.

If you want a better idea of what closing costs could be for you, check out this helpful guide on the average payments for each state.

Miscellaneous Fees

There are quite a bit of one-time fees bundled into your closing costs, but most of them are pretty inexpensive. Some of the most common expenses include the home inspection, appraisal, credit report, deed recording, land survey, notary fees, title insurance, and document prep fees.

Recurring Payments

A woman and a child counting coins.

Mortgage Payments

Mortgage payments are the most obvious cost when buying a home. These are your predictable, monthly payments decided by both the final price of your home and your down payment—in addition to a few other bundled costs. A larger down payment means a smaller mortgage payment, and it’s a good idea to pay this off quickly, since it will accumulate interest.

Property Taxes

Property tax payments don’t go towards just one thing—they actually cover quite a bit, like road construction, community maintenance, public works, and local government salaries. The exact amount you’ll pay in property tax is calculated by the county based on your home’s value, and the rates tend to rise and fall over time. Many buyers pay their property taxes through an escrow account set up by the lender.

Homeowner’s Insurance

It’s better to have insurance and not need it than need insurance and not have it, so homeowner’s insurance is pretty crucial to home owning. While it’s almost always required when you get a mortgage and then bundled into your monthly payments, be sure to double-check that you’re covered.

Private Mortgage Insurance

If you can’t afford a 20% down payment on your home, you’ll have to pay PMI as a way to ensure that the lender won’t go under if you default on your loan. You don’t have to pay PMI forever—it ends once you pay off 78% or more of the principal amount—but until then, expect to pay up to 2% of your loan amount annually.

HOA Fees

Moving to a neighborhood with an HOA? Your dues can range anywhere from under a hundred dollars to over a thousand, but they come with perks like landscaping and exterior maintenance, and some even include added benefits like swimming pools and fitness centers. Not all neighborhoods have an HOA, but your agent can tell you what your payments will be if yours does.

Utilities

Lastly, utility fees can come as a surprise to new homeowners who are used to renting. Depending on the size of your home, you can expect to pay a few hundred dollars per month for water, electricity, heating and cooling, and trash services. If you’re curious what your utility bills might look like, just ask your agent, and they can likely secure a few statements from the past owners.

Ready to Make an Offer?

A man and a woman sitting on a couch with a dog and a cat.

When it comes to buying a home, the most important thing you can do is be prepared. While there are a handful of costs to keep in mind, the satisfaction of calling a place your own is well-worth it in the end.

Are you ready to get started on your home-buying journey? With years of professional and local experience, our team knows all about navigating the expenses that come with buying. Give us a call today to get a better idea of your costs, and let’s get started!

Let’s Get Started

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