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Did You Outgrow Your Home in 2020?

January 8, 2021 By Claire Garlick Leave a Comment

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.

Many needs have changed in 2020, and it’s okay to admit if your house no longer fits your lifestyle. If you’re now working remotely, facilitating virtual school, trying to exercise at home, or simply just spending more time in your own four walls, you may be bursting at the seams in your current house.

According to the latest Home Price Insights from CoreLogic, prices have appreciated 7.3% year-over-year. At the same time, the National Association of Realtors (NAR) reports that inventory has dropped 22% from one year ago.

These two statistics are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.

This is great news if you own a home and you’re thinking about selling. The equity in your house has likely risen as prices have increased. Even better is the fact that there’s a large pool of buyers out there searching for the American dream, and your home may be high on their wish list.

Bottom Line

If you think you’ve outgrown your current home, please get in touch with us to discuss local market conditions and determine if now is the best time for you to sell! We would be happy to help.

 

Article originally published at https://www.keepingcurrentmatters.com/2020/12/23/did-you-outgrow-your-home-in-2020/.

Filed Under: Housing Market Update, Real Estate Tips, Sellers Tagged With: Colorado Real Estate, Colorado Springs, For Sellers, Housing Market Update, Pricing, Real Estate Tips, selling a home

Why Pricing Your Home Right Matters This Fall [Infographic]

October 2, 2020 By Claire Garlick Leave a Comment

If you are thinking about moving, selling your home this fall might be the way to go. Here is why pricing your home right matters:

 

The Bottom Line

  • As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true.
  • To sell your home quickly and for the best possible price, you should eliminate buyer concerns by pricing your home competitively right from the start.
  • Contact me today to make sure you have the guidance you need to price your home right this fall!

 

Article originally published at https://www.keepingcurrentmatters.com/2020/09/25/why-pricing-your-home-right-matters-this-fall-infographic/.

Filed Under: Infographic, Pricing, Real Estate Tips, Sellers Tagged With: Colorado Real Estate, For Sellers, Infographics, Monument Realtor, Pricing, Real Estate Tips, selling a home

3 Renovations That Can Help You Sell Your Home Faster

August 5, 2020 By Claire Garlick Leave a Comment

If you’ve decided to place your home on the market, you likely want it to sell as quickly as possible. Partially, this is for your own convenience. More importantly, though, the longer that a house sits on the market, the lower its final price tends to be. Therefore, before you list your home, you need to be sure it’s ready to attract as much attention as possible.

One great way to do this is by making strategic renovations to various areas around your home. You want to be sure you’re making the most of your remodeling budget to ensure it results in the biggest payoff. To help you come out ahead, here are three renovations that can help you sell your home faster:

Kitchen

A dated kitchen is one of the biggest turnoffs for potential homebuyers. A kitchen that’s been renovated using quality materials often draws people in and causes them to overlook other potential flaws. Therefore, a kitchen renovation can be a great investment to make before you sell your home.

Quality finishes in the kitchen are crucial, as many buyers at all price points are looking for granite countertops (or something similar) and tile backsplashes. The cabinets should also be of decent quality and a neutral color that appeals to a wide range of people.

Roof

Since a roof is rarely seen except when you’re coming and going, it might not seem like the best place to spend your renovation dollars; however, if you can state on your home’s listing that the roof was recently replaced, you may gain more interest, potentially helping you to sell your home more quickly.

Be sure that the roofers you choose do a good job of sealing the roof cap and any protrusions, as you certainly don’t want the next homeowners to be left with a leaky roof. Also, make sure that the color of the shingles matches the character of the home so buyers aren’t turned off the moment they approach your house.

Bathroom

Moving back inside, a bathroom renovation is a great way to maximize the effectiveness of your remodeling budget. After all, no one wants to feel like they’re living in someone else’s grime.

A bathroom is one area where you can have a little fun with the renovation, adding unique features such as a tile tub surround or a designer light fixture that’ll help your home stand out from others in your area. Again, quality installation is important here, as you don’t want to put the future homeowners at risk of a major water leak.

Renovations can go a long way toward helping your home sell more quickly. Remember, it’s important that you are disciplined in how you spend money on remodeling to be absolutely sure that you don’t end up spending more than you get out of your home when you sell it.

 

Article originally published at http://blog.rismedia.com/2020/renovations-sell-faster/

Filed Under: Home Improvements, Pricing, Real Estate Tips, Sellers Tagged With: For Sellers, Home Improvement, Pricing, Real Estate Tips, selling a home

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Claire Boynton, The Platinum Group Realtors Monument Colorado Real Estate

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About Blessings Realty

We perform top notch sales and marketing services for residential homes and land. We help home buyers find the right homes for their needs. Also specializing in new construction and rental properties. Whether you are a first-time home buyer or seller or have bought and sold many homes before, we will Read More…

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Welcome and thank you for visiting our Blessings Realty website! We are Monument-based real estate experts providing information about the Monument and Northern Colorado Springs, CO real estate market.

While you’re here, please check out 80132 homes for sale in Monument, CO, as well as other real estate listings around the area.  View listings, photos, market data, and use our detailed real estate filters to find the perfect place.

Please contact us today at (719) 425-8929 to buy or sell real estate in Colorado Springs and Monument, Colorado – or for help with your property management and probate real estate needs – we would love to speak with you!

Sincerely,

Claire and Jeff Garlick of Blessings Realty

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