Whether you’ve hired a contractor to remodel your bathroom, renovate your kitchen or do a complete overhaul of your home, it’s important to have as much information as possible so you know what to expect. Before you begin, here are some questions you should be asking to ensure you and your contractor are on the same page.
What are their qualifications?
The contractor you hired likely has an impressive portfolio showcasing sparkling before-and-after images that suggest years of experience and a glowing reputation. Unfortunately, this isn’t always representative of their actual experience in the industry. In the social media age, plenty of small business owners will curate a swoon-worthy online portfolio in order to draw clients in with the allure of marketing. Ask to...
Anyone who has ever undergone a renovation to increase their home’s value before selling it—be it a few small additions or a gut job—wants that secret formula for implementing features that will push the sale price over the edge. Well, a recent study by Zillow looked at just that. They analyzed listings for over 4 million homes sold between January 2016 and December 2017 and looked at features and design styles in homes that sold for a premium. Here’s what they found:
High-end name brands and features like six-burner stoves or convection ovens increased home sales 29 percent above expected value.
While it might seem like an extreme luxury for little Fluffles, a dedicated pet wash station can actually...
Whether you’re staging to sell or looking for your dream home, the living room can be an overlooked space. People often talk about the kitchen as being “the heart” of the home, but the living room gets a lot of use too, from eating, to entertaining, to relaxing. Here are features that make a memorable living room you’re sure to want to spend time in:
People often have different ideas of what makes a great living room and sometimes those can evolve over time. A young couple may feel very differently about their “ideal” living room once they have a couple of kids. For this reason, a space that’s flexible and spacious enough to grow or change its function over time is essential.
Unusual details like stained glass,...
When listing your home, there are a lot of things to think about. How you stage your space should definitely be at the top of that list. While you may not have the means to bring in a professional stager, you can put your best foot forward by removing the following from your space:
Family photos. While these treasures may mean the world to you, personal items like this make it difficult for a potential buyer to imagine themselves in your space. Get a jump on the process and pack these photos up now.
Odors. From a musky basement to the closet where the kitty litter box is kept, odors in your home are a huge turn off. Do whatever you need to do to keep a prospective buyer’s nose from wrinkling. This includes ripping up mildewed carpet, opening windows and lighting candles.
Deciding on the best price to list your home at is a tricky thing. Many factors come into play, and these can change depending on the time of year, or countless other reasons. That’s why it’s beneficial to have a real estate professional to help you figure it out. Here’s what you need to be considering when setting the price.
Going Rate in the Neighbourhood
You might think your home is worth a certain price, but that can be significantly different than what neighbouring homes are listed (and selling) for. The price of the neighbourhood is one of the best ways to know if you will or will not get the price you’re expecting. The more desirable the neighbourhood, the more it will sell for. The best way to price your home is to find a home of a similar size in the same neighbourhood and...
When the day is done, nothing is more relaxing than retiring to your bedroom. Unless, of course, your bedroom isn’t a calming space. Below are several tips for designing a sleeping space that brings calm and comfort.
Cool colors. There is nothing calming about a blood red bedroom. Choose a cool hue like gentle blue, green or gray to fall asleep easier.
Window covers. Say it with us: black out shades. Make sure you can block light with opaque window coverings so your hibernation goes uninterrupted.
Tech-free. While many like to watch TV in bed, try and create a sleeping space that is for one thing: sleeping. It’s well known that the light from our devices can interrupt our sleep...
s millennials continue to have an ever-increasing impact on the luxury property market, it’s important to consider how this can affect your home’s value. Over the past few years, millennials have established that their tastes and preferences significantly differ from those of their parents. If you’re hoping that your house will appeal to this new group of luxury homebuyers, here are five features that millennials look for in real estate.
With the rise of technology and the amount of personal information that gets put into the public sphere, millennials have placed a premium on their privacy. They want to be able to enjoy their living space without having to worry about prying eyes, whether that means being in a gated community, living in a building...
When you put your home on the market, you want to quickly attract a buyer and get the highest possible price. One of the first things prospective buyers will notice when they view a house, especially one that’s unoccupied, is the flooring. Buyers won’t be able to easily overlook carpet that is worn out or covered with stains or hardwood floors that are scratched and discolored, no matter how immaculate the rest of the house appears.
Can the Flooring Be Cleaned or Repaired?
If the carpet is stained but in good condition, a professional cleaning may be all that’s needed to make it look like new. You may also be able to shift buyers’ attention away from the flooring by staging the room in a way that draws people’s eyes to other features. This strategy works best in rooms that don’t get a lot...
One of the last steps before selling your home is getting it appraised. This is usually ordered by the buyer’s lender, and is used to give an estimate of a property’s value, which can help a mortgage lender determine how much a buyer can borrow for the home, and can protect them from paying more than the house is worth.
What an Appraiser Looks For
The home’s worth is based on factors such as location, condition and comparables in the neighborhood, also called comps, which are houses similar to yours.
Don’t confuse a home appraisal with a home inspection. The appraisal determines the market value of a home, while an inspection looks for flaws in the roof, foundation and other areas of a home as a way to help buyers determine if a home is right for them and what they may need to fix.