5 Ways to Improve Home Value in a Bad Neighborhood
Having the nicest house in the neighborhood may seem like something to take pride in, and in some ways it is- but when it comes to selling your home, it’s the last thing you want. The value of a house is partially based the value of others in the neighborhood, meaning that if you’re at the top of the list, then there’s nowhere else to go… but down. If you’re in a similar situation, it’s not the end of the world- there are still things you can do to squeeze as much value as possible out of your home. 1. Show Your House at the Right Time of Day Some neighborhoods look better at certain times of the day than others- it’s important to keep this in mind when you schedule times to show your home. If your home is on a busy street, try to avoid early morning and evening showings when the neighborhood traffic would be most noticeable. If some of the other properties in the area have negative curb appeal- but traffic and safety aren’t a concern, try to schedule showings in the evening. If you’re unsure when the area looks best, step outside during different times during the day and try to make an educated decision. 2. Pick the Correct Agent Some people thing agents are like soul-mates- there’s an agent for every home out there somewhere. There are agents out there who specialize in complicated or hard to sell properties. While it’s safe to assume that every agent will always try to the best of their abilities, it’s worth looking for one...
Landscaping- Is it REALLY Worth it?
It’s common knowledge that when trying to sell, most people put at least a little money into some improvements or repairs before putting a house up on the market. When you’re working with limited funds, exactly how and where to spend that money to make sure you get the biggest bang for your buck can be puzzling. If you ask any real estate professional for advice on this, there’s no doubt they’d recommend you spend at least a little money trying to improve your property curb or drive-by appeal. It goes without saying that better-looking homes attract more buyers and tend to sell faster than ugly ones. It also goes without saying that nothing screams curb appeal like a well-kept lawn. According to Lawn and Landscape Magazine, a well maintained and landscaped lawn can increase the value of a property between 5 and 25% when compared to other homes in the area. When most people think of landscaping, images of bulldozers and hardhats come to mind. In actuality, there are a few easy ways that some simple landscaping can improve the curb appeal and value of your home: Adding Native Plants. Adding native flowers or plants to your yard can do a lot to improve the curb appeal of your home, and being native to the area will help them thrive with little to no maintenance. Michigan State University estimates that well maintained local plants and landscaping can improve the value of your home by up to 11%. Planting Trees. Trees can do a lot for a house: they provide shade in the summer or break...
How to Sell on a Busy Street: 5 Tips that are Proven to Work
Trying to sell a property on a busy steet certainly comes with it’s roadblocks. Almost every home buyer has to compromise on something they want when buying their first home. It might be a 3rd bedroom bedroom. It might be a large back yard. When living near a road with high traffic, the compromise is usually peace and quiet. Homes near busy roads can sell for upwards of 15% less than nearby similar ones- they attract far fewer buyers than those in the rest of the neighborhood. To buyers who don’t mind, this is great news- there are always solutions to dealing with the sound of the street. https://youtu.be/X71NT57B_bA Here are 5 tips to keep in mind when dealing with with homes near traffic: 1. You Can Make the Inside Quieter. Even something as simple as a blowing fan can make the sounds of traffic less noticeable. Playing soft music around the house can help distract buyers from the outside noise- especially in rooms with windows. A nice pair of heavy drapes can help some, but the most important thing is to make sure windows are sealed correctly with caulk and weather strips. The more expensive triple-pane or noise reducing windows will really do the trick if it’s a serious problem. 2. Make That “For Sale” Sign Pop. This is one of the few advantages of living near a busy road. With more people passing by, your street sign will get more exposure. To attract more buyers, try to include more information about the house by putting more information in the sign: RENOVATED! POOL! 3 BEDROOM! and...Appraisal Secrets eBook – Click Now!
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