Cheryl Phelan's Blog
If you’re looking to make changes to your home in a big way but don’t have the time or the budget, there’s plenty of things that you can do in order to bring your home to another level without breaking the bank.
Look From The Outside In
Enhancing the landscaping and curb appeal of your home can be an easy project to add value and comfort to your home. Whether you’re getting ready to sell or you just want to feel more at home, making your home look more inviting from the outside is a worthwhile project.
Open Some Space
Just knocking down a wall can make a huge difference in your home. Once a wall is removed, it can really transform your space. Be careful though, as knocking down a wall where plumbing is or electrical work is can disrupt a lot. This can become very costly, so you may not want to undertake such a big project. Also be mindful of reconnecting floors or moving features like a kitchen island. Be sure to get a few quotes from contractors for these jobs before you settle with one.
Get New Windows
Putting in new windows is a great project that can add a lot of value to your home. You should really replace the windows in your home every 20-25 years. Updating the windows in your home not only changes the look of your home but makes it more energy efficient as well. The extra insulation can also help to keep out noise disturbances and keep your home a quiet place to live. If you live near a main road, new windows are a must.
There is nothing more attractive to buyers and homeowners alike than new appliances. These are fairly cheap investments considering their returns. You can replace one appliance or go for a whole new kitchen if you’d like. It all depends on the condition of the appliances. Even simply replacing the washer and dryer can make your life easier and also make your home more attractive to buyers when you decide to sell.
Change Up The Floors
Simply switching your carpet or ripping up carpets to put in hardwood floors can be a huge game changer for your home. The costs of these improvements can vary greatly. The size of your rooms and the type of materials that you choose can affect the costs as well.
Putting in shelving or other organizing systems to help you and your family keep organized can be invaluable. Not having to deal with constant clutter can reduce stress and make your home look more presentable. This is another improvement project that is totally worthwhile for you to complete.
Hosting an open house is a key milestone for a home seller. If an open house proves to be successful, it may be only a matter of time before a seller receives multiple offers on his or her residence. Comparatively, if a home fails to impress during an open house, a seller may need to consider new ways to stir up interest in his or her residence.
Ultimately, it helps to plan ahead for an open house as much as possible. Lucky for you, we're here to help you get ready for any open house, at any time.
Let's take a look at three tips to help you prepare for an open house.
1. Perform Home Interior Cleaning
A pristine home interior can make a world of difference to potential homebuyers. Thus, you should allocate time and resources to clean your home's interior from top to bottom prior to an open house.
Mop the floors, wipe down ceilings and walls and perform other home interior cleaning to ensure that your house will dazzle as soon as a buyer walks through the front door. That way, you can increase the likelihood that your residence will make a positive first impression on buyers.
2. Enhance Your House's Exterior
Your home's curb appeal may make or break your open house. Because if your home has a messy, cluttered front lawn, your residence is unlikely to impress potential buyers when they see your house for the first time.
When it comes to improving your home's exterior, even minor upgrades can have far-flung effects.
Mowing the front lawn and trimming the hedges can help you show off your house's exterior. And if you need assistance with home exterior improvements, you can always hire a professional home landscaping company to help you out too.
3. Consult with a Real Estate Agent
Preparing for an open house can be challenging, particularly for a seller who is worried about the current state of his or her residence. Fortunately, real estate agents are available who can help you get ready for an open house.
A real estate agent is happy to help you sell your home in any housing market. He or she will schedule an open house at your convenience. And in the weeks and days leading up to an open house, a real estate agent will offer expert tips to help you prepare for this event.
Furthermore, a real estate agent will provide plenty of guidance at each stage of the home selling journey. He or she will help you promote your residence to the right groups of potential buyers and review any offers on your house. Plus, if you ever have questions about selling your home, a real estate agent can instantly respond to these queries.
If you want to achieve the best-possible results during an open house, it generally is a good idea to work with a real estate agent. Contact a local real estate agent today, and you can receive comprehensive support as you navigate the home selling journey.
The definition of a "dream house" varies from homebuyer to homebuyer. Fortunately, there are many things you can do to determine if a residence is right for you.
Now, let's take a look at three tips to help you evaluate a home so you can decide whether to proceed with an offer to purchase.
1. Review a Home's Features
Think about why you are searching for a home and what you want to find in a house. For example, if you require a home that features a deluxe kitchen, you can narrow your house search accordingly. On the other hand, if you want a home that boasts an above-ground swimming pool, you can focus on houses that offer this amenity.
Consider where you want to reside too. That way, you can hone your home search to a select group of cities and towns and find a residence that is located in one of your preferred locations.
2. Examine a Home's Price
The cost of a home depends on a number of factors, including the residence's age and condition. Of course, the housing market itself plays an important role in a house's cost as well, so you'll want to examine the real estate sector closely. By doing so, you can differentiate a buyer's market from a seller's market – or vice-versa – and determine if a home's price falls within your budget.
In a buyer's market, there may be an abundance of quality houses available at budget-friendly prices. If you shop for a home in a buyer's market, you may be able to purchase a house at or below a seller's initial asking price.
Comparatively, in a seller's market, there is a shortage of premium houses, and top-notch homes that become available may be in high demand. In a seller's market, you may need to act fast to acquire your dream home. Plus, you may need to submit an offer to purchase that exceeds a seller's initial asking price so you can purchase your ideal residence without delay.
3. Consult with a Real Estate Agent
A real estate agent is a home selling expert, and he or she is happy to help you weigh the pros and cons of buying a house. In fact, a real estate agent will go the extra mile to ensure you can make the best-possible decisions throughout the property buying journey.
With a real estate agent at your side, you can receive lots of support so you can enjoy a seamless homebuying experience. A real estate agent first will learn about you and your homebuying goals and help you search for a residence that matches your expectations. Next, a real estate agent will help you craft a competitive offer to purchase your dream home. And if your homebuying proposal is approved, a real estate agent will help you finalize your house purchase.
Use the aforementioned tips, and you should have no trouble deciding if a house is right for you.
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Ready to purchase a high-quality residence for the first time? Ultimately, a first-time homebuyer will want to do everything possible to learn about the real estate market. By doing so, this property buyer can improve his or her chances of submitting a strong offer on a dream house, thereby increasing the likelihood of a quick, easy home sale.
Submitting a strong initial offer on a home can be simple – here are three tips to help a first-time homebuyer do just that.
1. Study the Current Housing Market Closely
A first-time homebuyer should allocate the necessary time and resources to learn about both buyer's and seller's markets. That way, a homebuyer can identify an opportunity to secure a terrific residence in any housing market and submit a competitive offer right away.
To analyze the real estate market, spend some time looking at the prices of homes that were recently sold in your city or town. This housing market data may help you differentiate between a buyer's and seller's market and map out your homebuying journey accordingly.
Furthermore, don't forget to check out the prices of houses that are currently available. With this housing market data in hand, you can better understand what it means to submit a strong offer that matches or exceeds a home seller's initial asking price.
2. Get a Mortgage in Advance
A first-time homebuyer definitely should get pre-approved for a mortgage. This will enable a homebuyer to enter the housing market with a budget that he or she can use to narrow a home search.
To obtain a mortgage, a homebuyer only needs to meet with banks and credit unions in his or her area. Each lender meeting is exceedingly valuable, as it enables a homebuyer to learn about assorted mortgage options and receive answers to any mortgage questions.
In addition, those who are pre-approved for a mortgage will know exactly how much money they can spend on a house. And as a result, these homebuyers can submit a competitive offer on a residence from the get-go, improving their chances of securing a first-rate residence in no time at all.
3. Collaborate with a Real Estate Agent
A real estate agent is a must-hire for a first-time homebuyer, and perhaps it is easy to understand why.
Thanks to a real estate agent, a first-time homebuyer can differentiate between a strong offer and a "lowball" one. In fact, a real estate agent will go above and beyond the call of duty to ensure a homebuyer can get the best price on a house, regardless of whether this property buyer is operating in a buyer's or seller's market.
Perhaps best of all, a real estate agent is happy to offer honest, unbiased homebuying recommendations. He or she can provide expert insights to help a homebuyer determine exactly how much to offer to acquire his or her dream residence.
When it comes to buying a house for the first time, there's no need to leave anything to chance. Instead, use these tips, and a first-time homebuyer can submit a strong offer and move one step closer to purchasing a home that matches or exceeds his or her expectations.