Our Real Estate Blog
Real estate market data is readily available to home sellers across the United States. With this information at your disposal, you should have no trouble maximizing the profits from your home sale.
Now, let's take a look at three real estate market data that every home seller needs to check out before listing a residence.
1. Prices of Comparable Houses
Let's face it – determining a competitive price for your house may prove to be difficult, regardless of your home's age or condition. Fortunately, if you analyze the prices of comparable residences in your city or town, you can better understand how your house stacks up against the competition and price it appropriately.
Furthermore, it may be beneficial to conduct a home appraisal prior to listing your house. This appraisal enables a home expert to assess your house both inside and out. Then, you'll receive an appraisal report that contains a property valuation, which may help you determine a competitive price for your house.
2. Prices of Recently Sold Houses
Are you preparing to enter a buyer's or seller's market? Review the prices of recently sold houses in your area, and you can find out whether the current housing market favors buyers or sellers.
If home sellers are receiving offers at or above their initial home asking prices, now may be an ideal time to list your residence. Thus, you may want to add your house to the real estate market sooner rather than later to capitalize on a housing sector that likely favors sellers.
Conversely, if home sellers are receiving offers below their initial home asking prices, you may want to allocate significant time and resources to find ways to improve your house. Because if you enhance your house's exterior and interior, you may be able to help your house stand out from the competition and increase the likelihood of a profitable home sale.
3. Average Amount of Time That a House Is Listed
Check out how long houses stay on the real estate market before they are sold – you'll be glad you did. With this housing market data in hand, you can assess the pulse of the real estate market and map out your home selling journey accordingly.
If you need help collecting or analyzing real estate market data, there is no need to worry. Hire a real estate agent today, and you can gain the insights that you need to make informed decisions throughout the home selling journey.
A real estate agent is a housing market expert who is happy to help you in any way possible. He or she will provide recommendations about how to price your house and improve your home's interior and exterior. Plus, a real estate agent is available to respond to any of your home selling concerns or questions, at any time.
Ready to list your home? Review the aforementioned housing market data, and you can obtain deep insights into the real estate sector prior to selling your house.
Boosting the value of your home doesn’t have to require huge renovation projects, thousands of dollars, and months of planning. Making small, tactful home improvements can do the trick just as well.
The key to making desirable home improvements is to follow well-established building and design principles. Don’t worry about the latest trends or trying to reinvent the wheel.
In this post, we’ll tell you how to do just that so your home can be market ready in no time. Here are the top ten improvements for your home that cost $100 or less.
1. Add fixtures to the most outdated room of your home
Most people tend to renovate their homes one room at a time. If you have that one room that’s keeping your home in the past, bring it up to speed by replacing the fixtures; whether that’s a new faucet, doorknobs, or other hardware.
2. Shine the light on your hard work
A dark room feels smaller, older, and less put together. Abundant lighting is an excellent way to make your home feel larger and more welcoming.
3. Paint the front door and mailbox
It’s all about curb appeal. Refresh the outside of your home by putting a fresh coat of paint on your front door and mailbox. Bright, bold colors are sure to help your home stand apart from the neighbors while still fitting in.
4. Powerwash exterior surfaces
For $50 you can rent a pressure washer and clean up your vinyl siding, decks, walkways, and driveways. That’s a lot of value and square footage for a small investment.
5. Buy a “luxury shower head”
You can find spa-style shower heads on Amazon for less than $40 that look great and will make your home feel a bit more luxurious.
6. Stage to sell
Buy some modern wall art and large plants and ditch the family heirlooms for when it comes time to sell. These additions will make it easier for prospective buyers to picture themselves living in your home.
7. Mirrors are magic
Mirrors can be used in a number of places around the home to create the illusion of spaciousness in rooms that are otherwise lacking. There are plenty of creative uses for mirrors for each room of the home.
8. Ditch the linoleum
Underneath those linoleum floors lies wood that might be able to be refurbished. Don’t worry about small dings; they add character.
9. Get ready for the welcome party
Buy a fresh doormat and replace an old doorbell to make visitors feel like they’re entering a brand new home.
10. Cable management is king
Hide those cables in the office and living room by tying them behind displays or running wires underneath carpets or behind the drywall. This can instantly make your home feel more clean and put-together.
780 Greenville Ave, Johnston, RI 02919
780 Greenville Ave, Johnston, RI 02919
If you're getting ready to put your home on the market, the thought of organizing, cleaning, and arranging it may seem like an overwhelming project!
Knowing where to begin and how much money to spend on home staging and decorating are among the many questions that may be flooding your mind, right now.
The key to success is to make as much of an impact as possible, without spending more money than necessary.
One way to avoid "spinning your wheels" when it comes to maximizing the appearance of your home is to work with an experienced real estate agent. A good agent will quickly notice aspects of your home that need attention and advise you on the most cost-effective ways to improve its marketability. If they've shown dozens (or more) houses in their career, they'll be very familiar with all the things that attract buyers, as well as what repels them.
Although everyone has different tastes and expectations, many house hunters are attracted to gleaming hardwood floors, energy efficient windows, and stainless steel appliances. While it may not be cost effective to have new floors, appliances, and windows installed to sell your house faster, you can make the best possible impression by making sure the windows are crystal clear, hardwood floors are polished, and appliances are clean and shiny.
Since many house hunters pay close attention to the kitchen, it's especially important to win their approval on appearance and cleanliness. Because food is prepared and often consumed in the kitchen, it's going to be one of the more challenging rooms to keep clean -- especially if you have children. However, if a prospective buyer is wavering between two houses for sale, you can be reasonably sure that the one with the clean kitchen and bathrooms will be their preferred choice.
There are a lot of other ways you can make your kitchen appealing to buyers, too. By minimizing clutter on counter tops and displaying fresh flowers and a colorful bowl of fruit, you can make your kitchen look much more inviting. Prospective buyers will also respond favorably to appealing fragrances, such as freshly baked bread, cookies, cinnamon buns, or coffee. Clean windows, attractive curtains, and plenty of natural light will also add to the ambiance of your kitchen.
The ideal reaction from potential buyers touring your home would be something to the effect of "I can imagine us preparing dinner, entertaining guests, and sitting around the breakfast table in this house!" Setting the table so that it looks like the family is just about to sit down for a meal together is one way to help convey that image. The encouraging news is that when someone expresses sincere appreciation for the comforts and features of your home, there's a good chance they'll find a place for it on their short list of possibilities!