26 05, 2022

Upgrades to Boost the Value of Your Home

2022-06-01T13:49:47+00:00May 26th, 2022|Tips & Advice|

Your home is one of the biggest investments you will make in your life. Whether you’re eyeing a future sale or simply want to make the most of your purchase, well-selected upgrades can add huge value to your home. But not all upgrades are made equal. Here are 5 of the best options to make the most of your time and money while improving your home.

Paint

Repainting the rooms in your house can yield a big return on your investment for minimal effort. If you feel comfortable tackling the painting yourself and have a weekend to spare, you can immediately boost your home’s value for the price of some meager supplies from the home improvement store. Replace outdated or over-the-top color schemes with something clean and on-trend for an immediate, easy improvement in your home’s value.

Finished Basement

Whether it’s a dream man cave or a deluxe home theater, finished basements come in many forms. If your home’s basement is unfinished, completing this space can greatly increase your living area along with your property’s overall value. Though finishing is a sizeable investment, a finished basement will command a higher asking price and entice potential buyers when you decide to sell your home.

HVAC System/Water Heater

One of the first things prospective buyers look for in a home is that the heating/cooling system and water heater are new and in good working order. These upgrades won’t just add value to your home—new, high-efficiency systems will also save you money each month on your utility bills. For improved value and a big savings in the long run, ditch the antique HVAC system and water heater in favor of the newest models.

Curb Appeal

Your outdoor spaces say everything about your home to the outside world. Some tidy landscaping and tasteful decorations in […]

12 05, 2022

Important Information about Home Inspections

2022-05-12T13:27:40+00:00May 12th, 2022|Buying a home|

If you’ve ever bought or sold a home, chances are you’ve taken part in a home inspection. This common practice is one of the many steps in the homebuying process and can have a major impact on the sale price of the home. Depending on what it reveals, the home inspection might even be the make-or-break moment in the sale.

Whether you’re looking to buy or sell, a simple home inspection could have a big impact on your future. Here are a few important things to keep in mind about the home inspection process.

Home Inspections Are Not Mandatory

Though common practice, undertaking an inspection is not a requirement to buy or sell a home. It’s not uncommon for sellers to waive inspections as a condition of sale in today’s booming housing market. While this makes for a quick and easy sale, homebuyers should think carefully before buying a house without an inspection. Unforeseen issues that would have been revealed an in inspection could end up costing thousands in potential repairs after closing.

Inspections Can Affect Asking Price

Home inspections offer peace of mind for buyers who are making the substantial investment of buying a home. If an inspection turns up previously unknown or undisclosed issues, buyers can ask the seller to make it right or reduce their asking price. If the inspection was part of the written purchase agreement, big enough issues could even let the buyer back out of the purchase entirely.

Inspections Aren’t Free

Home inspectors charge a nominal fee for their services—usually anywhere between $200-$500 per inspection. As the inspection benefits the buyer, this fee is usually rolled into closing costs. Though another fee in the homebuying process may seem like a burden at first, inspection fees are a small price to pay for the […]