Paint Makes the Home Happy!

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According to HomeGain, what single improvement can yield a 107% return on investment when done indoors and 55% return on investment when done outdoors?

PAINT!

Painting a home is one of the most personal and cheapest changes you can make. Unlike when living in a home, when selling a home, you want to remove that personalized style to give the buyer a canvas to imagine themselves living in the space. This means painting with bright neutral tones like tans, golds, and beiges. Some key areas to paint include kitchens, bathrooms, and entryways. It’s good to keep on top of market trends as well, what colors are in this year? What compliments the room best? What will catch the buyer’s eye?

If this all sounds too complicated to you, don’t fret, there are lots of professionals on the market who can do an excellent job! Check My Network to see some of the professionals I have worked with in the past and would recommend!

My Network

For those of us who are new to this, here is how to pick room colors brought to you by Howdini!

Why Neighborhoods Matter

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Home Value

Homes purchased in areas that have neighborhoods with low crime rates, good public schools, parks, intriguing architecture, and a highly educated population keep their value according to an article in Bankrate.

Convenience

While some neighborhoods earn fame from being featured in movies, other neighborhoods earn their stars by combining the convenience of public transportation with peaceful suburban lifestyle. Many suburban areas featured in my Communities tab are prime examples.

Community

The most underrated feature of a good neighborhood is community. From your children developing childhood friendships that lead to a good morals and good academics, to living in an area where some of your coworkers live, neighborhoods provide lifelong connections that can boost your material and emotional well being.

Why Own a Home?

According to rent and mortgage statistics, the rent gap in our area is negative. A negative rent gap means that rent will consume more of your income than a comparable mortgage bill. Click on the image for a more detailed explanation of these statistics and as always feel free to ask me if you have any questions about what this will mean for your future plants.

When to Trust the AI

We live in a world of constantly evolving technology, and the democratizing of data. However, despite our tendency to trust what an algorithm spits out, there are times when we should trust a human over algorithmic data from online products like Zestimate by Zillow.

By no fault of the company, products like Zestimate cannot take into account features like ‘look and feel’, quality of construction, and nearby commercial or residential developments that might change the valuation. Zillow as do many services, officially state that these AI based services are not an official appraisal.

That is not to under value the key information given! After all an estimate is better than no estimate at all! Even real estate agents themselves look towards AI generated information to get a baseline.

Here are some key questions to ask when using an AI generated valuation:

What are some nearby buildings and features that will affect value?
What are the ages of the utilities, what kind of repairs will this house need and when?
Are there any natural features like a lake or a mountain?
What are the materials the house is made from?
What is the kitchen like, the bathroom?

Keep in mind some features that you know would make a difference in the house that you would purchase.

As always feel free to contact me with any questions!