Pacific Northwest Real Estate and Community News

April 5, 2018

5 Signs You Are Ready To Sell!

5 signs you're ready to sell


Have you outgrown your home? Or has your home outgrown you and your household? Fewer and fewer families expect to stay in their first or second home for the long haul. Here are some factors to determine if you're financially and emotionally ready to sell your house:

  1. Growing or shrinking household -- Are you about to welcome a new baby or take in aging parents? Maybe you're sending your youngest off to college. In any event, if your living space has become too cramped or grown beyond your needs, it may be time to make a move.
  2. Plenty of home equity -- Subtract the amount you have left on your loan from the value of your home. What's left over is the equity -- or the amount you'll have post-sale. After you sell your home, you'll be a buyer again, so having some funds to put down is key.
  3. Interest from potential buyers -- You'll want to list when you know buyers are looking. Some experts say late spring is the ideal time to sell, but peak seasons vary by region. Milder weather can increase buyer interest, but that also means more competition from other sellers.
  4. Changing circumstances -- Location matters. Whether your neighborhood dynamics are changing, you're unhappy with the schools in your area or a new job significantly increases your commute, your community needs to fit your lifestyle.
  5. Home improvements -- Renovations may be a wise investment, but it's best to avoid listing your home in the middle of a project. If you plan to sell your home as is, completing some minor home updates such as new paint and fixtures can be a huge selling point.

Moving is a big decision, one that requires careful consideration. If your needs have changed since you bought your home, don't hesitate to get in touch.

Thank you for reading my post. If you have any questions that I can assist with, please feel welcome to reply to this email. I look forward to connecting with you soon!

 

April 5, 2018

Do Tiny Homes Live Up to the Hype?

Do tiny homes live up to the hype?

February 26 2018


The tiny house trend is a big movement. Everyone from millennials to retirees is opting to live small, but that doesn't mean the lifestyle is right for you. Consider these pros and cons before you downsize. 

What constitutes a tiny house?

Generally, tiny homes measure between 100 and 500 square feet. Many are portable, but some city ordinances and housing divisions require homes to be set on a foundation.

What are the pros?

People are drawn to tiny houses for a number of reasons. Owners of tiny homes often cite price as the deciding factor. Tiny homes range from $10,000 to $60,000, depending on the manufacturer. Even a top-of-the-line custom unit typically costs less than $100,000.

Other perks include the freedom of mobility and the ability to live more sustainably. There's also the added flexibility to use the structure as a rental unit, add-on expansion or mother-in-law suite.

What are the cons?

Of course, not everyone is willing to contend with the realities of owning a tiny home. For instance, despite their low sales price, there are hidden costs that can sneak up on potential buyers. From construction crew markups and shipping fees to property taxes and plot purchases, the final figure can add up quickly.

What's more, unless you have enough liquid funds to make a cash purchase, financing for tiny homes can be difficult, and there are also obvious drawbacks such as space restrictions that complicate hosting guests and storing nonessentials.

No doubt our collective desire for simplification and financial freedom has birthed the tiny home movement. However, before you commit to one, it's important to educate yourself about the complicated regulations and overlooked nuances of owning a tiny home.

Thank you for reading my post. If you have any questions that I can assist with, please feel welcome to reply to this email. I look forward to connecting with you soon!

 

April 5, 2018

Need A Greener Lawn?

Need a greener lawn?


 

The colder months are notoriously hard on foliage -- and subsequently, curb appeal. Fortunately, spring is just around the corner, and that means now is the perfect time to prep your lawn for its revival.

Try these easy fixes, and you'll have lush landscaping in no time.

  1. Reseed and fertilize. Have bare or thinning spots of grass? Take the time to reseed now, and use fertilizer to encourage new growth. Be sure to scrape any bare patches with a rake before seeding, and keep the area moist until it begins to sprout.
  2. Look for problematic slopes or shaded areas. Sometimes large, shady trees or steep inclines can hinder lawn growth. Step back and analyze your yard for these potential problem areas. Consider planting fescues in shady zones, and look into hydroseeding in sloped regions.
  3. Use sod to patch extensive dead areas. If the cold weather has killed large swaths of the lawn, resodding may be your best bet. You can install sod anytime of year; just make sure to water it often until it sets.
  4. Consider xeriscaping. Xeriscaping is the easiest way to weatherproof your lawn no matter where you live. It's also super-low maintenance and low cost, and it can be a big selling point if your home's in a hot or arid climate.

Whether you're planning to sell your property or you just want a great-looking home, your lawn -- and its health -- is going to play a big role. Take care of it, address any problems now and by spring, you'll have an outdoor oasis you'll be proud to call your own.

April 5, 2018

These Will Be the Hot Colors of 2018

These will be the hot colors of 2018


Color can impact the overall mood of your surroundings as well as what potential buyers feel when they step inside your home. The challenge comes in choosing the right combination for your particular space. See what forecasters are predicting and learn how to implement the hot colors of 2018.

Hues to Use
Experts from Pantone, Sherwin Williams and other companies make annual paint color predictions based on global themes. Hues such as BEHR's color of the year, In the Moment, along with its peaceful palette, focus on people's need to unplug from an overconnected world. Similar shades like Equilibrium and Off the Grid also promote a sense of serenity.

The Light and the Dark
Contrasting light and dark colors is a great way to create dynamism in your home decor. The lighter the shade, the more spacious the appearance. If your furniture or flooring is primarily neutral, adding dark colors to the mix can bring balance and help create attractive focal points.

Capitalizing on Color
Our mood is subtly yet consistently influenced by the colors around us. For example, soothing shades such as the powdery blue Casual Day can help you unwind and relax after a long day at work. Conversely, vibrant deep oranges like Civara invigorate and promote an optimistic tone.

Pointers for Color Pops
Both fun and formal spaces are equally enhanced by accents. Whether you use them to highlight a unique architectural feature or tie an area together, the trick is to be strategic. In design, the 60-30-10 rule is a well-known way to bring balance to a room.

Thank you for reading my newsletter. If you have any questions that I can assist with, please feel welcome to reply to this email. I look forward to connecting with you soon!

 

 

April 5, 2018

4 Remodeling Projects Worth the Investment

4 remodeling projects worth the investment

March 29 2018


 

Remodeling your home can be a great way to increase its value and ensure you get good returns when it comes time to sell. But before you go tearing out your floors or adding another bedroom, take note: Not all projects are created equal. In fact, according to recent data from Remodeling magazine's Cost vs. Value report, there's a pretty big discrepancy between which projects deliver high returns and those that don't.
 
Want to make sure your remodels are worth the effort? Here are some top options:
 
  • Get a new garage door. It seems simple, but replacing your garage door is the most value-adding project you can take on. On average, it delivers returns of more than 98 percent upon resale.
  • Focus on curb appeal. Upgrades to exterior areas saw serious growth over the last year. Wood deck additions increased over 18 percent in value, while stone veneer installation value was up almost 14 percent. 
  • Replace your entry door. Don't bother sprucing up old doors. Replacing them with steel models can deliver a whopping 91 percent ROI. And at an average cost of $1,471, they're one of the most affordable updates for your home.
  • Upgrade your kitchen. Minor kitchen remodels continue to be a top value-adding project. This year, the average small remodel adds about $17,193 to your home's value and recoups more than 81 percent of your costs.
You might want to rule out projects like backyard patios, master suite additions and major kitchen remodels -- they're notorious for low returns. If you're looking to boost your home's value and increase its marketability, focus your efforts on projects that improve aesthetics and add ease and convenience instead. 
 
 

Thank you for reading my newsletter. If you have any questions that I can assist with, please feel welcome to reply to this email. I look forward to connecting with you soon!

 

Posted in Selling Your Home