Coldwell Banker Real Estate LLC
@Home with Coldwell Banker®
@Home with Coldwell Banker
August 2010
Chris Adam, REALTOR
Sales Rep.
First Ottawa Realty, Brokerage
2034 St Joseph Blvd
Ottawa, Ontario K1C 1E6
(613) 830-9999
cadam@magma.ca
http://www.magma.ca/~cadam

Affordable Home Improvements Add Buyer Appeal

Also What Every Homebuyer Should Know...

Affordable Home Imporavements Add Buyer AppealAffordable Home Improvements Add Buyer Appeal

Whether you’re planning to sell your home now or sometime in the future, renovations and remodeling can play a critical role in increasing a home’s resale value and ensuring it stands out to potential buyers.  Keeping that fact in mind can help to ensure you get the biggest bang for your renovation buck. As your local Coldwell Banker real estate professional, I can suggest affordable home improvements to potentially increase the value of your home, without breaking the budget:

 

Reface Kitchen Cabinets. Kitchen updates are among the smartest remodeling projects when it comes to “upping” the resale value of a home. But you don’t need to spring for an entire set of new cabinets to improve your kitchen’s appeal. Re-facing existing cabinets, applying a fresh coat of paint or replacing tarnished pulls and knobs with new hardware might be just the quick fix your kitchen needs to make it look and feel like new. 

 

Improve the Lighting. Updating light fixtures is another simple enhancement that doesn’t require a major investment. Replacing outdated lighting in a dining or living room with an affordable chandelier or installing accent lighting to draw attention to artwork or other room features can create an entirely fresh ambiance.

 

Hang Mirrors. It sounds simple, but the addition of a mirror on any wall adds depth and light, making even the smallest room seem larger. Mirrors also add elegance and charm to a home’s décor, and at a reasonable price.  Best of all, you take them with you when you move.

 

Break Out the Paint Brushes. Applying a fresh coat of paint can make a remarkable difference and is a very low-cost, high-return project.  If you want to make a room seem more spacious, I recommend warm neutral tones to create an open, modern feel and appeal to a variety of buyers.

 

Of course, these are just a few of the many suggestions I can offer to help you maximize your home’s resale value.  If you’d like to talk in more detail about how to improve your home’s appeal with affordable improvements, give me a call and let’s talk real estate!

 

What Every Homebuyer Should Know

The search for a new home can be a very exciting, but sometimes overwhelming process.  There are a lot of factors to consider and information to gather before you sign on the dotted line. From location to taxes, inspections to re-sale value, it’s important to know the facts.  As your local Coldwell Banker professional, there are several questions that I suggest you consider during your hunt for a new home.

 

How much I can afford? Identifying a specific price point before you start your home search is an important first step. By developing an overall budget of carrying costs, you can be confident that you’ll be able to afford the monthly expenses, and avoid financial problems down the line.  I can help you estimate costs and find a home that’s within your price range.

 

Do I need to have an inspection? Home inspections are a crucial part of the home buying process.  It’s worth the investment to have a home inspection before finalizing an offer on a property, even if the seller already conducted an inspection as part of their home selling process.

 

How long has the home been on the market?  Before purchasing a home, the buyer should inquire about how long the property has been for sale. The length of time a home is on the market can help determine what the appropriate offer price is and whether or not this is a home that might be worth re-evaluating.   

 

What are the plans for the surrounding area?  Location is a significant factor in determining a home’s price and its resale value.  Looking beyond the home’s proximity to schools, hospitals, etc., you should also know what plans, if any, the city has in store for the surrounding area.  I can provide local information, as well as suggest other sources for learning about major construction projects or town plans in the works.   

 

How much are the home’s taxes? In addition to a monthly mortgage payment, you’ll also be responsible for covering the property taxes, an amount that could potentially total several thousand dollars a year.  I can help you estimate these costs before you decide to make an offer.

 

If you’d like to know more about the home-buying process, and how I can help, please give me a call.  You’ll be glad you called me first.

 

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