Gregory Shugal's Blog
Whether you're looking to buy a house or sell one, a helpful saying to keep in mind is the one about recognizing a duck:
"If it walks like a duck, quacks like a duck, and looks like a duck, then it's a duck!" As silly as that expression may be, there's a lot of wisdom in its message.
The reason it applies to real estate transactions is that people sometimes tend to overlook, justify, and gloss over potential or actual problems that need to be dealt with (and not ignored). Here are some examples, as they relate to home sellers and buyers:
Selling a home: As a home seller, one of the most important things you can do to make your home more appealing and marketable is staging. Not only is it beneficial to apply a fresh coat of paint where needed, but parts of your home may need to be repaired, upgraded, touched up, or cleaned.
One false assumption home sellers sometimes make it that prospective buyers won't notice or care about broken tiles in the bathroom, peeling paint on the front steps, cracks in the ceiling, or mold in the basement. While there are a lot of factors that help sell a house quickly or cause it to linger on the market for months, sometimes it's the little things that can impact the desirability of a house. If there's an imperfection, flaw, or cosmetic problem in your home that you've been noticing for months or years, there's a good chance prospective buyers will take note of it, too.
Whenever you can affordably correct a cosmetic problem in your home or property, it will usually be to your advantage as a home seller. If the problem looks like it could be a potential deal breaker, there's a chance it will be.
When you need an objective opinion on matters such as home staging, curb appeal, or increasing the marketability of your home, an experienced real estate agent is often your best source for advice and guidance.
Buying a home: There are a lot of factors that need to be evaluated when searching for your ideal home. While optimism is an essential state of mind to cultivate when you're navigating the sometimes bumpy road of house hunting, it's also important to balance that positive attitude with a drop of caution and skepticism. If you get too caught up in the excitement of buying a new house, you might miss red flags along the way that could lead to future problems or expenses.
By hiring a reputable property inspector to check everything in the house from structural integrity to the condition of mechanical systems, you can be alerted to potential safety hazards, possible water damage, malfunctioning electrical circuitry, and dozens of other issues that need to be identified, and hopefully resolved, before you become the new owner of a house.
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Many people outgrow the home they’re living in rather quickly. On the flip side, the home you’re currently in could be too big for you, and you need to downsize. Whatever your situation is, when it comes time to sell your home you want to get the most money you can for your sale. There’s so many easy and affordable home upgrades that you can make that will add immense value to your home. Even if you’re not looking to move in the near future, you’ll be glad you made these upgrades in order to make the most out of your home.
Make A Move With Your Countertops
There are so many different kinds of kitchen countertops that you can get these days. It isn’t all about granite anymore. There’s a few popular materials that can be used including recycled glass or quartz. You can even upgrade your backsplash tile to something a bit more modern to easily transform your kitchen.
Upgrade The Fireplace
If your fireplace could use some TLC, make repairs to it and refinish it. You may even consider using a different kind of stone or brick than was on the original unit. If your home doesn’t have a fireplace, you may want to consider installing a freestanding one. These units are ventilated through a pipe in your home. A fireplace is so cozy and gives your home an attractive feature.
Add Some Outdoor Living Space
Adding a deck, patio, or some sort of outdoor living pace like a 3 season room can add a lot of value to your home. People love to make the most use of the outdoors so whether you add an outdoor kitchen, or a small patio space, it will be beneficial. Plus, you and your family will be able to use the brand new space once it’s completed!
Adding outdoor lighting is also another positive addition to your home. This allows for seamless use of outdoor spaces both day and night. Lighting also adds an important safety and security feature to your home. Installing timers along with these outdoor lights can help to deter burglars.
Do A Once Over On Your Home’s Exterior
Simply having the outside of your home power-washed can make a big difference. Replace your mailbox. Repair shutters and siding that may need some attention. Take some time to care for your landscaping. All of these little projects will make an impact on the appearance of your home. If you’re getting ready to sell, your motivation may be lacking in these areas. The better your house looks on the outside, the more people you’ll get to come inside when there’s a for sale sign out front.