Tag Archive for Guidance Realty Homes
- Decide on your budget and schedule. You’ll need to know exactly how much money you have available for your remodeling projects and how much time you want to dedicate to it. You absolutely need to have these figures decided before starting anything!
- Make a list of what needs to be done and what would be nice to have done. It may turn out that your budget and schedule can only accommodate half your needs, or maybe you’ll find you have the time and money to cover your needs and at least one “want.” Look at your list, prioritize and decide which projects to tackle now.
- Don’t let Pinterest get the better of you; just like a celebrity hairstyle, what looks good in a photo might not work for your space (or your head.) Be realistic about what can be achieved in your home, based on its current “bones” and your budget.
- For financial reasons, it can be tempting to try to Do It Yourself. But unless you’re extra handy, turn to the experts to make your project dreams come true. An experienced, reputable contractor will find any flaws in your plans, make suggestions and produce a final product that not only looks good, but is secure, safe and strong.
It’s hard to put a value on landscaping projects. A study by realestate.com indicates the return on investment for landscaping and/or man-made garden architecture can be as high as 150%, while others suggest a more reasonable 15% to 20%.
The bottom line, however, is that everyone wants a front yard with curb appeal and a secondary living space in the back. And while it may increase the value of your home, it also improves your quality of life. Particularly for those in cooler climates, summer is short, and a landscaped outdoors can be, well, priceless.
That said, landscaping can prove a very costly proposition indeed. The generally recommended figure for a landscaping budget is 10% of your home’s value, although that varies according to your local area. The majority of projects reported in a study of landscaping by houzz.com cost from $1,000 to $5,000 for minor planting or mulching, and $50,000 or more for “complete overhauls.”
Remember, time is also money, and even small projects can take longer than you think. According to the Houzz survey, smaller projects averaged approximately three months of planning and three months of work to complete. Having spent time and money on landscaping, there are ways to reduce future costs:
- Lawn care alone can cost upwards of $100 a month, so do as much of the maintenance as possible yourself.
- Construct decks, stairs, and pergolas of maintenance-free materials such as composite decking.
- Artificial grass can be a big expense up front, but it saves on maintenance (mainly the cost of water) in the long run.
- Consider using recycled bricks instead of expensive rocks in your landscaping plan.
- Perennials are a great choice, as they reduce the need to buy new plants every year.
- Edible gardens can be lovely as well as a good source of delicious vegetables and herbs.
Now, step away from the lawn mower, take a break, and enjoy your newly landscaped property.
Everybody has that insider insight when it comes to tips and tricks to sell your house. But, what about what NOT to do? It’s easy to forget the little things that you’ve grown accustomed to since you’ve been living in your home. Once it’s time to sell, you’ll want to make sure that you address all the issues that might get in the way of your greatest opportunity!
Guidance Realty Homes wants to share some great insight we’ve learned about the number one issues that can be easily fixed to make sure your home sells well. Here’s a list of the main elements that could lose you that sale.
Poor Curb Appeal
Buyers won’t even go inside your home if the outside looks unappealing. Clean up your front yard by tidying plants and pulling up weeds. Make sure the outside of your home looks well cared-for by painting the trim, mowing the lawn, and placing attractive potted plants by the door.
You may not even notice bad odors, but buyers surely will. Smoking and pets are the prime causes, so smoke outside while you are selling your house and consider what to do with your animals. Allow the house to air out thoroughly before viewings – don’t just try to mask the odor with another scent.
Loud and Scary Pets
Apart from the odor of some animals, a big dog or noisy bird can be off-putting to some buyers. So keep your dog away when you have viewings so your potential buyers aren’t distracted or, worse, scared. Some owners may even like a big, loud dog, but not everyone will so consider who is coming to view your home before locking Spot out back or having a friend care for them.
Signs of Damp
Problems with damp are a big turnoff to many buyers. Make sure your basement doesn’t smell damp and that there are no signs of damp on the walls. It’s much better to fix problems now than to wait until buyers point them out to you.
Dirt and Grime
Although dirt is usually only cosmetic, it deters buyers, who will start to think the house isn’t well cared for. Make sure your kitchen and bathroom, in particular, are clean.
Although your home’s décor shouldn’t matter, to many buyers it does. That’s because many want a house they can move into right away. So, replace any tired or out-of-date carpets or wallpapers with a more neutral, modern scheme.
If your house it too expensive compared to similar properties on the market, you’ll turn away viewers. Take your agent’s advice when it comes to setting a price for your home.
With the popularity of online shopping and virtual tours, some people are of the opinion that an open house is a waste of time. However, sellers should think twice before discounting this time-tested strategy. Here are some things you need to know about hosting an open house!
What Is an Open House?
Unlike an individual showing, an open house allows anyone to view the home, whether they currently work with an agent or not. It’s an excellent way to attract buyers new to the market or just beginning a search, those without an agent, and even sporadic buyers who aren’t necessarily in the market but share the information with family and friends.
Who Should Host an Open House?
Hosting an open house is not for the novice. Real estate agents not only provide the marketing, scheduling and even security advice, but make sure the home is properly presented to prospective buyers who decide to drop in and see the home.
How Do Open Houses Sell a Home?
Higher-Priced Homes: An open house is often effective in helping to sell homes priced above the median average for a given location, especially when used in combination with the Multiple Listing Service and online listings.
Tough Market: In 2005, more than 50% of sellers used an open house, with various degrees of success. However, that rate has declined in part due to the numerous foreclosures on the market. Unfortunately for sellers, trying to compete on price alone is difficult – and costly. Instead, use an open house to showcase the property and the neighborhood. It’s one more way to help your house stand out from the crowd in a buyer’s market.
Unique or Uncommon Features: Without doubt, one of the most important reasons to hold an open house is to showcase a unique property or special features that are difficult to communicate or conceptualize. Sometimes it really is necessary to see a property to believe it, and an open house allows the buyer to fall in love at first sight by experiencing it firsthand.