Some people think real estate is a tried-and-true, little-changing industry. That’s not the case. I’m constantly seeing new trends in design, neighborhood construction and sales tactics.
You need an agent that’s a student as well as an advocate.
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After months—and possibly even years—of planning, searching, and organizing, you’ve finally done it—you’ve signed the paperwork and left with the keys to your new home; however, unless your purchase is totally move-in ready, you’re just getting started.
If you’ve decided to close on a house that could use a little bit of TLC, it’s important to understand the amount of money and effort it will take to make your home something you are truly happy with. At the very least, a little paint will help spruce things up; however, in all reality, if there’s updating to be done, it may take more than a new color scheme.
If you’ve worked hard for years in an effort to accrue a certain income level, at some point, you’re likely to want to invest your hard-earned money into a home that you and your family can truly enjoy. Whether it’s a modern high-rise condo or a sprawling golf course estate, there are a few items that should be considered before purchasing a luxury home.
Whether you’re looking to move in the next few years or at some unknown point down the road, if you own an older home, it can be challenging to think about entering a housing market that is frequently flooded with new builds. While there’s something to be said for the quality and integrity of older building materials, as well as the character that comes with etched woodwork and crown molding, if your home was built in the 60s or 70s, chances are good that it’s missing that old-time charm anyway.
What you will find, however, are things like wood paneling, dark flooring, dim lighting, and an abundance of popcorn ceilings. In essence, things tend to feel a bit tight. Therefore, if you’re looking to bring a home that’s 40 to 50-years-old into this century, a few tweaks can make a great deal of difference.
GET RID OF DARK PANELING
Homes in this era tend to have lower ceilings which, combined with darker wall coverings, often make people feel as if they’re living in a cave. To really make things feel open and light, one of the first considerations should involve removing the dark paneling. While this process definitely requires a bit of effort, it will be well worth it in the end. If you’re extremely handy or have experience with this type of renovation, it’s certainly a project that can be done without professional help; however, depending upon the condition of your walls beneath the paneling, additional assistance may be required.
If you don’t have the time or money to remove the paneling all-together, consider painting over it with a light color.
BRING IN THE LIGHT
Since low ceilings tend to restrict the amount of light that comes into your home, a great remedy involves the installation of a few skylights. While this is another project that you may be able to do on your own, it’s probably wise to hire the services of a professional. Not only can they help make sure the installation is done right—you certainly don’t want rain leaking in—they can help you select the right type of skylights for your home, as well as your budget.
Although replacing your existing windows may go a long way towards making your home feel a bit more modern, especially if they’ve become drafty over the years, part of allowing more light into your space may simply involve adding additional windows to certain rooms.
Clearly, this is generally a job for a professional, especially if you’re planning on adding windows or expanding existing ones. Anytime you mess with your walls, it’s important to have a solid understanding of where your structural supports are, so making sure this project is done correctly is pretty important.
REPLACE YOUR FLOORING
Whether you’re dealing with carpeting, tile, or wood flooring, you’ll add more appeal to your home by replacing any dark flooring with lighter alternatives. Consider swapping dark carpeting with lighter, more muted tones (e.g. beige, grey, off-white, etc.) and refinish any dark-stained wood with a lighter stain. If you have an abundance of dated vinyl flooring, you may want to opt for a pale colored tile instead.
SAY GOODBYE TO THE POPCORN CEILINGS
Most homes built during the 60s and 70s have popcorn ceilings, which have a tendency to cause shadows and trap dust. With that, no matter how well you renovate the rest of your home, they will always scream, “I was built in 1973!” Therefore, updating your ceilings is wise investment and is something that doesn’t necessarily require the services of a professional painter. Most people are entirely capable of doing it themselves; however, aside from being messy, it requires the use of certain tools that you simply may not have at home.
For tips on updating the curb appeal of your outdated home, stay tuned for next week’s blog. As always, if you would like advice or want to know what types of home changes will give you the best bang for your buck, please contact me. I’m always here to help.
Marie Dinsmore | The Dinsmore Team | www.DinsmoreTeam.com | 770-712-7789
Oftentimes, a home-selling strategy is only as good as the Realtor working to develop it; however, it’s not uncommon to find sellers who have gotten so lost in the process of cleaning, painting, and prepping their home that they forget to ask some of the most important questions.
While your overall strategy and list price may vary depending upon the season and other variables indicative of the current real estate climate, as you get closer to finalizing your listing, it’s important to ask your agent the following questions.
What is the most I can ask for my home based upon the current market?
Location obviously plays a huge role in how much you can ask for your home, especially since it’s clearly something that cannot be changed. With that, unless you plan on undergoing a full-scale remodel before you list, chances are good that your number of bedrooms, bathrooms, and square footage will remain relatively static. With that being said, it’s important to make a point to discuss a proper listing price with your Realtor and to trust that, given the current market, they will do what’s best.
Based upon the current market and my asking price, when can I expect to field a serious offer?
Clearly, your Realtor cannot see the future, but it’s worth asking for their opinion on how long they think you’ll have to wait for a buyer. If you’re looking to list your home at the top end of your asking range, you may have to wait longer, so it’s good to understand this dynamic in advance.
What is your strategy regarding open houses?
Just like all markets are different, all Realtors are different, as well. While some agents refrain from staging open houses in favor of viewings, others feel that open houses are a great way to get your home seen by a lot of potential buyers.
Before assuming that your buyer will conduct business in a certain way, make a point to ask them how they develop their strategy and why they choose to do it that way.
In the end, as with most things in life, communication is key. If you have questions, it’s important to speak up! The Realtor/client relationship is just that—a relationship—and most of us understand that healthy, successful relationships are dependent upon open and honest dialogue.
A Realtor’s job is to serve the client, so it’s important to make sure that the handling of your home is done in a way that aligns with your interests. If you’d like to learn more or would simply like a bit of advice, I’m always available to help.
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2019 Welcome Services
The Dinsmore Team has created this handy guide for both Buyers and Sellers. The guide lists trusted service providers that we use personally and professionally. The providers listed service the Forsyth and North Fulton County areas.
2014 Complete Guide to Moving
This 20-Page Guide will be your comprehensive source for selling your home and planning your move. It includes tips for getting ready to sell, planning your move, packing and transitioning into your new home.
2014 Home Owners Tip Guide
This 20-Page Guide will help you develop an annual maintenance schedule for your home's systems and appliances to help you avoid bigger problems by taking care of them while they are small. It's also a great resource for trouble shooting malfunctions on your own, saving you time and money.
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