Tag Archives: Home Value

DIY Upgrades That Make Your Home Sell for More

Spring is here, and with spring comes another anticipated time of year: home selling season. Traditionally, spring is one of the most popular times to list a home for sale. It’s also an excellent season for spring cleaning and trying out a few home-improvement projects on the weekends.

If you’re thinking about selling your property, or simply want to up its resale value down the road, take a look at our most recommended DIY upgrades. Not only are these projects simple and affordable, they’re sure to increase your home’s overall value.

Two Key Places to Start Your DIY Upgrades

Can you guess which two areas of a home are most important to buyers? The kitchen and bathrooms. This is because these are the rooms where people tend to spend a lot of time.

The Kitchen

Spacious open kitchen with wood floors.Oftentimes, the kitchen is the first place potential buyers rush to when they’re touring a home for sale. This room is considered the “heart of the home.”

While the idea of updating your kitchen can be scary (all those expensive new appliances!), improving this room doesn’t have to break the bank. There are many projects you can complete to upgrade your kitchen that cost less than $1,000.

These inexpensive kitchen improvements include: Continue reading

3 Home Selling Prep Essentials

3 Home Selling Prep Essentials

You’ve got to start somewhere when preparing your home to sell, but it’s not where you would think. Before jumping right into cleaning, decluttering, staging, and marketing, take some time to review. Having a solid understanding of the real estate market and the home selling process is essential for a smooth and stress-free sale. So let’s get to it.

1. Know What’s Happening in the Real Estate Market

aerial view of residential community home selling

Are homes in your community flying off the market in just a couple of days? Are properties selling over asking price again and again? What have homes like yours recently sold for? Knowing about current market conditions will give you an idea of how quickly your home is likely to sell, as well as how high a price you’re likely to receive. Ask us for a Neighborhood Sales Report for an inside look at market activity!

2. Find Out How Much Your Home is Worth

You’ve probably asked yourself “what’s my home worth?” a dozen times over the past few years. Now’s your chance to learn the answer!

When we’re determining how much homes are worth, we don’t just pull a number out of thin air. Home buyers are the ones who determine what properties are worth, so we take a look at current market activity (which you’ve already done!) to see how much buyers are willing to pay for homes like yours. At the end of all of our research, we have a detailed report of what your home is worth, which in the real estate industry is called a “comparative market analysis.” Call us and we’ll provide one for your home!

3. Wait Before Making Drastic Home Improvements

highly upgraded kitchenBefore you decide to shell out thousands of dollars to completely gut your kitchen and bathrooms, talk with a real estate agent who’s familiar with your community and what buyers are looking for in a home like yours. You may be surprised to learn that your potential buyers don’t want top-of-the-line appliances, quartz countertops, under-cabinet lighting, or any of those “must-haves” that you see on HGTV.

Save yourself the time, money, and headaches and talk with us. We can tell you which home improvements are worth the money and which ones aren’t.

Bonus Tip: Find the Right Real Estate Agent

The best way to save time, money, and unnecessary headaches? Work with a professional. The best real estate agent takes the time to understand your goals, provides you with the resources you need, and tells what to expect when selling your home. Plus, your real estate agent will be there to answer any questions you have at any time in the process.

We’d be happy to talk with you about your home selling plans. Call us at The Bouma Group, Realtors at 734-761-3060 or email info@bouma.com today!

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Where to Find the True Value for Your Home

woman surrounded by question marksEver wondered what your home is worth?

Want to know where to start looking?

Whether you’re just curious or are eager to find a competitive listing price, using the best resources to find your property’s value is crucial.

Today, we’re going to be talking about two types of home evaluation tools: neighborhood sold reports and comparative market analyses.

Comparing Your Home with Your Neighbor’s

A neighborhood sold report is a detailed list of homes that have recently sold in your area. They include information about the square footage, number of bedrooms and bathrooms, address, neighborhood, and, of course, the sold price.

Since sales prices are determined in part by your home’s location, as well as a neighborhood’s housing supply and demand, honing in on your own neighborhood real estate market is the best way to determine what the housing market is doing and how it can affect your listing price.

How much did your neighbor receive for his 4-bedroom, 3-bathroom house down the street? Is your listing price thousands of dollars more?

If your home is priced too high, you’ll know immediately by looking at the comparisons in the neighborhood sold report. It’s better to learn sooner rather than later, when your home is on the market and you’re feeling frustrated by the lack of home buyer interest. The same goes with pricing your home too low.

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