Tips For Selling Your Home In Winter
Real estate is one of those things that sell year-round. Regardless if it is in the dead of winter or during the hot summer months people will buy and sell homes. Real estate does have its cycles where certain times there are more homes for sale and more buyers ready to buy. Other times, like winter, there are fewer buyers and fewer homes for sale. For those wanting to sell their home in the winter that means fewer sellers to compete with and buyers who are more serious about buying. This article provides tips for home sellers to make sure their home shines for the buyers who are out looking to buy.
Interior and Exterior Preparation Tips
If a home hasn’t had a coat of fresh paint in the last few years making sure the rooms are painted with a neutral color will help when it comes to showings. A majority of home buyers these days are looking for move in ready homes. Old and worn paint or paint that is unique to a certain decorating style can limit the buyer pool who is interested in making an offer. With an already smaller than usual buyer pool it makes sense to have colors that are neutral and appealing to all to increase the chances of getting strong offers.
The interior of the home should present well overall. That means having clean windows, clean carpets/flooring as well as clean appliances. Old worn carpets are a definite turn off to buyers. Rough and faded hardwood floors do not convey a move in ready vibe. Replacing...
What To Know About Remodeling A Bathroom
Remodeling a bathroom can improve the look of a home, increase its value and maybe even save the homeowner some money over the long term. Homeowners need to understand the process of remodeling a bathroom so they can make sure it is done correctly. This article looks at some of the steps a homeowner should take when wanting to remodel a bathroom.
Steps To Take Prior To Remodeling
Homeowners need to consider whether they plan to take the do it yourself (DIY) approach for the remodel or hire a contractor. While the DIY approach can save money, if the homeowner does not have the necessary skills to lay tile, update or move plumbing and install electrical fixtures it might be best to leave it to the pros. It will cost more to redo work than it would had the homeowner hired a pro from the start.
The homeowner should be considering what are the goals for the bathroom remodel? Are they simply looking for an update of the bathroom or do they want to do more like add or remove a shower or tub? A simple bathroom update which usually means new vanity, sink top, faucet, toilet, tile and paint will not be as expensive as would be adding a shower or tub to an existing bathroom along with the remodel. Adding a shower or tub to a bathroom that does not have one can increase the value of the home since full bathrooms are valued higher than half baths....
There are some signs of a slowdown in the Greater Cincinnati luxury real estate market as compared to September 2021. Median price has decreased and the average days on market has increased. Some slow down is to be expected as we head into the winter months. Mortgage rates have also ticked up slightly which can account for some of the slowdown. As the economy continues to go through it's post-pandemic motions how things shape out remain to be seen.
Rising Mortgages and Home Sales - Year over year existing home sales have fallen as the pandemic frenzy appears to have tapered some. The question though is this transitory?