If You Were Selling Today, Would You Have the Home That Buyers Want?

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Knowing what appeals to today’s homebuyers, and considering those trends when you remodel, can pay off years from now when you sell your home.

Two new surveys about what homebuyers want have me feeling pretty smug about my own home choices. Maybe you’ll feel the same.

Privacy from neighbors remains at the top of the most-wanted list (important to 86% of buyers), according to the NATIONAL ASSOCIATION OF REALTORS’® “2013 Community Preference Survey.” Privacy is no doubt the best feature of my mid-century ranch home, since I can only see one neighbor’s house and it’s a couple hundred feet down my driveway.

It may not be practical to move your neighbors farther away (although I’m sure many people wish they had that superpower), but you can increase your home’s privacy (and therefore its resale value) by planting a living privacy screen of trees and shrubs or by physically screening off your patio.

Related: Trees Contribute to Property Value, Energy Savings, and More

3 More Takeaways for the Next Time You Remodel

1. More and more generations are living together. Another NAR survey, the “2013 Profile of Home Buyers and Sellers,” found 14% of buyers purchased a home suited to a multigenerational household due to children over the age of 18 moving back into the house, cost savings, and the health and caretaking of aging parents.

I did that back when my parents were still alive, and it worked out great for everyone. I didn’t have time to let my infant daughter nap on my shoulder all afternoon, but my mom did. She couldn’t drive to church meetings at night, but I could take her. And neither of us liked cleaning the gutters, but my husband didn’t mind that chore.

Even if you’d rather live in a cardboard box than with your mother, you might want to consider the multigenerational living trend when you’re remodeling. For instance, opting for a full bath when finishing the basement could offer more convenience for you now and boost your home’s resale value by making it more appealing to a multigenerational family.

2.  On average, homeowners live in their home for nine years. That’s up from six years in 2007. Since you’ll be in your home for a long time, it makes sense to remodel to suit your taste but also with long-lasting marketability in mind. After all, you don’t want to have to redo stuff. For instance, you can go for trend-defying kitchen features, like white overtones and Shaker-style cabinets, which work with a variety of styles.

I feel compelled to caution against going so far out of the norm for your neighborhood that it’ll turn off potential buyers even nine years from now. (It never hurts to get your REALTOR®’s opinion on your remodeling plans.)

Related: Home Upgrades with the Lowest ROI

3.  Homebuyers love energy efficiency. Heating and cooling costs were “somewhat” or “very important” to a whopping 85% of buyers. If your home could use an energy-efficiency upgrade, go with projects that have a solid return on investment, like sealing your air leaks and adding attic insulation. You’ll save money on your utility bills now and when you’re ready to sell, your home will appeal to buyers looking for efficiency.

By the way, to take back your energy bills, you need to do at least four things. One to two fixes won’t cut it, thanks to rising energy costs.

About two-thirds of survey respondents also thought energy-efficient appliances and energy-efficient lighting were important. Tuck away your manuals and energy-efficiency information when you buy new appliances and lighting. When you’re ready to sell (in nine years) you can pull those out and display them where buyers will see them.

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

If You Were Selling Today, Would You Have the Home That Buyers Want?

Standard

Knowing what appeals to today’s homebuyers, and considering those trends when you remodel, can pay off years from now when you sell your home.

 

Two new surveys about what homebuyers want have me feeling pretty smug about my own home choices. Maybe you’ll feel the same.

 

Privacy from neighbors remains at the top of the most-wanted list (important to 86% of buyers), according to the NATIONAL ASSOCIATION OF REALTORS’® “2013 Community Preference Survey.” Privacy is no doubt the best feature of my mid-century ranch home, since I can only see one neighbor’s house and it’s a couple hundred feet down my driveway.

 

It may not be practical to move your neighbors farther away (although I’m sure many people wish they had that superpower), but you can increase your home’s privacy (and therefore its resale value) by planting a living privacy screen of trees and shrubs or by physically screening off your patio.

 

Related: Trees Contribute to Property Value, Energy Savings, and More

 

3 More Takeaways for the Next Time You Remodel

 

1. More and more generations are living together. Another NAR survey, the “2013 Profile of Home Buyers and Sellers,” found 14% of buyers purchased a home suited to a multigenerational household due to children over the age of 18 moving back into the house, cost savings, and the health and caretaking of aging parents.

I did that back when my parents were still alive, and it worked out great for everyone. I didn’t have time to let my infant daughter nap on my shoulder all afternoon, but my mom did. She couldn’t drive to church meetings at night, but I could take her. And neither of us liked cleaning the gutters, but my husband didn’t mind that chore.

Even if you’d rather live in a cardboard box than with your mother, you might want to consider the multigenerational living trend when you’re remodeling. For instance, opting for a full bath when finishing the basement could offer more convenience for you now and boost your home’s resale value by making it more appealing to a multigenerational family.

 

2.  On average, homeowners live in their home for nine years. That’s up from six years in 2007. Since you’ll be in your home for a long time, it makes sense to remodel to suit your taste but also with long-lasting marketability in mind. After all, you don’t want to have to redo stuff. For instance, you can go for trend-defying kitchen features, like white overtones and Shaker-style cabinets, which work with a variety of styles.

I feel compelled to caution against going so far out of the norm for your neighborhood that it’ll turn off potential buyers even nine years from now. (It never hurts to get your REALTOR®’s opinion on your remodeling plans.)

Related: Home Upgrades with the Lowest ROI

 

3.  Homebuyers love energy efficiency. Heating and cooling costs were “somewhat” or “very important” to a whopping 85% of buyers. If your home could use an energy-efficiency upgrade, go with projects that have a solid return on investment, like sealing your air leaks and adding attic insulation. You’ll save money on your utility bills now and when you’re ready to sell, your home will appeal to buyers looking for efficiency.

By the way, to take back your energy bills, you need to do at least four things. One to two fixes won’t cut it, thanks to rising energy costs.

About two-thirds of survey respondents also thought energy-efficient appliances and energy-efficient lighting were important. Tuck away your manuals and energy-efficiency information when you buy new appliances and lighting. When you’re ready to sell (in nine years) you can pull those out and display them where buyers will see them.

 

 

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

JUST SOLD – 2 Bedroom Foreclosure Home Just Sold in Leicester

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JUST SOLD by Best Option Real Estate with EXIT Realty Partners!  This 2 Bedroom  foreclosure home located at 180 Pleasant Street in Leicester Massachusetts SOLD for $82,500!  Congratulations to our buyers!

Sale Price:  $82,500
Number of Bedrooms:  2
Number of Baths:  3
Living Area:  1530 SQFT

If you are thinking about buying or selling real estate, we’d love to work with you!  Let Best Option Real Estate show you what we do to get homes sold fast and to negotiate the best price on your next home purchase.

If you are looking to buy or sell a home in Leicesterclick the link to get started or give us a call.  We are happy to help.

This was one of many sales made by Best Option Real Estate Team!

Call 508-444-2673

180pleasant

5 Tips to Prepare Your Home for Sale

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Working to get your home ship-shape for showings will increase its value and shorten your sales time.

1. Have a home inspection

Be proactive by arranging for a pre-sale home inspection. For $250 to $400, an inspector will warn you about troubles that could make potential buyers balk. Make repairs before putting your home on the market. In some states, you may have to disclose what the inspection turns up.

2. Get replacement estimates

If your home inspection uncovers necessary repairs you can’t saletipsfund, get estimates for the work. The figures will help buyers determine if they can afford the home and the repairs. Also hunt down warranties, guarantees, and user manuals for your furnace, washer and dryer, dishwasher, and any other items you expect to remain with the house.

3. Make minor repairs

Not every repair costs a bundle. Fix as many small problems—sticky doors, torn screens, cracked caulking, dripping faucets—as you can. These may seem trivial, but they’ll give buyers the impression your house isn’t well maintained.

4. Clear the clutter

Clear your kitchen counters of just about everything. Clean your closets by packing up little-used items like out-of-season clothes and old toys. Install closet organizers to maximize space. Put at least one-third of your furniture in storage, especially large pieces, such as entertainment centers and big televisions. Pack up family photos, knickknacks, and wall hangings to depersonalize your home. Store the items you’ve packed offsite or in boxes neatly arranged in your garage or basement.

5. Do a thorough cleaning

A clean house makes a strong first impression that your home has been well cared for. If you can afford it, consider hiring a cleaning service.

If not, wash windows and leave them open to air out your rooms. Clean carpeting and drapes to eliminate cooking odors, smoke, and pet smells. Wash light fixtures and baseboards, mop and wax floors, and give your stove and refrigerator a thorough once-over.

Pay attention to details, too. Wash fingerprints from light switch plates, clean inside the cabinets, and polish doorknobs. Don’t forget to clean your garage, too.

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

4 Bedroom Bungalow, JUST SOLD in Worcester!!

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JUST SOLD by Best Option Real Estate with RE/MAX Professional Associates!  This 4 bedroom single family Bungalow located at 65 Brightwood Ave. in Worcester Massachusetts SOLD on July 31, 2013 for $89,000!  Congratulations to our buyers!

Sale Price:  $89,000
Bedrooms:  4
Bathrooms:  1

Available for Rent Soon!!

If you are thinking about buying or selling real estate, we’d love to work with you!  Let Best Option Real Estate show you what we do to get homes sold fast and to negotiate the best price on your next home purchase.

If you are looking to buy or sell a home in Worcester, click the link to get started or give us a call.  We are happy to help.

This was one of many sales made by Best Option Real Estate Team!

Call 508-444-2673

65 Brightwood

JUST SOLD! 5 Bedroom Colonial in East Brookfield!!

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JUST SOLD by Best Option Real Estate with RE/MAX Professional Associates!  This 5 bedroom single family home located at 102 Shore Rd. in East Brookfield Massachusetts SOLD on July 31, 2013 for $60,000!  Congratulations to our buyers!

Sale Price:  $60,000
Bedrooms:  5
Bathrooms:  3

Available for Rent Soon!!

If you are thinking about buying or selling real estate, we’d love to work with you!  Let Best Option Real Estate show you what we do to get homes sold fast and to negotiate the best price on your next home purchase.

If you are looking to buy or sell a home in East Brookfield, click the link to get started or give us a call.  We are happy to help.

This was one of many sales made by Best Option Real Estate Team!

Call 508-444-2673

102 Shore

JUST SOLD 3 Bedroom Foreclosure in Worcester!

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JUST SOLD by Best Option Real Estate with RE/MAX Professional Associates!  This 3 Bedroom foreclosure home located at 2 Fielding Street Worcester Massachusetts SOLD on May 17, 2013 for $60,000!  Congratulations to our buyers!

Sale Price:  $60,000

Rooms: 6

Bedrooms:  3

Bathrooms:  3

2 Fielding

If you are thinking about buying or selling real estate, we’d love to work with you!  Let Best Option Real Estate show you what we do to get homes sold fast and to negotiate the best price on your next home purchase.

If you are looking to buy, sell or rent a home in Worcesterclick the link to get started or give us a call.  We are happy to help.

This was one of many sales made by Best Option Real Estate Team!

Call 508-444-2673!

*Available For Rent SOON*

http://www.CentralMassRentals.com