The vast majority of 'extreme home makeovers' we see are those on HGTV and the like and mostly more affordable. But major renovations happen at all price levels, including multi-million dollar homes. Like many people, you may be more prone to remodel, rather than decide that it's time to sell your home and buy another one. Not least because of the effect on the property taxes. That can be a major hit if you have lived in your home for 10 years or more. But there are many cases where moving on … [Read more...] about Is it Time To Sell Your Home or Time to Remodel?
(even if you have no plans to sell it) If you want to get the best sale price when you sell your home, you need to prepare it for sale. But what does that mean exactly and how much preparation is necessary? Preparation fits into 3 categories, repairs, cost-effective improvements, and staging. The first step is to fix anything that you know needs fixing. Then have home and termite inspections and fix anything significant that arises from these. This avoids any problems that arise as … [Read more...] about Why You Should Give Your Home A Make-Over
Real Estate Information You Can Use Existing-home sales fell 6.4% in December from the previous month to a seasonally adjusted annual rate of 4.99 million (National Association of Realtors). Compared with a year earlier, sales in December declined 10.3%. While these housing figures came out yesterday, its important to acknowledge the following: Affordability is no longer getting worse. In December, it actually improved marginally thanks to a softening in new home prices, slowing gains … [Read more...] about Did You Know?