Kaedi Knepshield

Realtor®

My Blog

Selling Your Home Earlier In 2018

1/15/2018

Why You Should Sell Early This Year

 

If you are looking to put your home on the market, now is the best time to do it!  Mortgage rates are still quite low which promotes an influx of eager home buyers into the market.  But this rate is predicted to increase in the next few months.  This means buyers interested in purchasing your home will be more likely to settle on higher price points to avoid a mortgage rate increase.  Another reason to sell right now is that there are currently more home buyers than there are homes for sale.  The high demand market and lower supply of homes for sale tend to lead to bidding wars that are sure to push up the price of your home.  However, like the predicted mortgage rate increase, the supply levels are predicted to rise in the next few months so get your home on the market sooner rather than later to ensure you come out with as much money as you can get for your home.  Along with good mortgage rates and a high demand market, people are looking to buy homes due to having more money to invest in a home.  Unemployment rates are quite low and consumer confidence is quite high.  Therefore, people are willing to spend more money on the purchase of their dream home while mortgage rates and inventory levels are low.  A last reason to sell your home earlier rather than later is that people are ready to make the move from rentals to ownership while supplies last.  If you are ready to sell your home, now is the best time to do so!  

 

Winterizing Your Home

1/2/2018

It’s that time of year again where the temperature drops and safe guarding your home from the weather becomes a priority. While occupied homes can benefit from winterizing, it should be a priority for vacant properties. Whether you are headed South for the winter or you have moved in to your next home, freezing temperatures bring risk of frozen pipes and thousands of dollars in damages if your home is not safe guarded against the cold.

For vacant homes, the first step you should take is to shut off the water! The second is to drain all the lines by opening all your faucets and draining your toilets. If water is in the plumbing lines and they freeze they could burst creating icy waterfalls down your walls and through your ceilings! The best way to insure against frozen pipes is to hire a plumber to properly drain and protect your pipes from the cold. A professional is the smartest way to protect your biggest investment!

For occupied homes, the following pointers can make your home warmer and save you money as the winter weather approaches.

  • Seal windows and doors against drafts, for homes with older windows, plastic insulation can help drafts from driving up your gas bills!
  • Change your furnace filter, this will make your furnace run more efficiently and keep your air clean!
  • Run ceiling fans in reverse, the clockwise motion drives warm air back down, cutting your heating costs up to 10%
  • Have your furnace serviced to make sure it is running at peak performance
  • Program your thermostat to turn down the heat when you aren’t home or you are sleeping
  • Boost insulation around doors, windows, between walls and in your attic.
  • Insulate your pipes
  • In extreme weather, slowly let your faucets drip. This keeps water moving through your lines, preventing them from freezing

 

Use some of the pointers above to have help brave the freezing temps and to make sure to keep your home safe and warm!!!

 

 

Reference

http://www.popularmechanics.com/home/interior-projects/how-to/g52/winterize-home-tips-energy-461008/

https://www.angieslist.com/articles/how-can-i-winterize-my-vacant-home.htm

 

The Impact Flooring has on the Salability of Your Home

11/27/2017

The Impact of Flooring on the Salability of a Home

 

            When selling your home, presentation is everything!  Most buyers make a decision about a home in the first 60 seconds of them walking in the door.  You want to present your home to potential buyers as a space they can make their own.  Keeping your flooring choices neutral and up-to-date will certainly add major appeal to your home and help expand your buyer pool. 

            According to a National Association of Realtor’s survey, 54% of buyers are willing to pay more for a home with hardwood flooring.  Hardwood is easy to clean and maintain which especially appeals to buyers with pets and small children.  The current trend with this type of flooring in recent years has been hardwoods with grey, natural, or dark wood tones.  Higher end homes tend to incorporate wide-planked, hand-scraped hardwoods to give the home a unique, ‘lived-in’ feel. 

            Although most buyers tend to look for hardwood floors in high-traffic areas of the house like the kitchen, buyers are split about their preference for carpeting versus hardwood in bedrooms.  A consultation with a Realtor can help guide you on the replacement of carpets and what material buyers tend to prefer.  Keep in mind that potential buyers may not think green shag carpeting is the best choice for their home.  Stick to a neutral color palette instead.

            You want your buyer to envision themselves living in your home.  Flooring is a big part of most buyers’ visions.  Having new flooring will help expand your buyer pool and get your home sold quickly and for the most amount of money.

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