The Dos and Don’ts of Moving On Originally posted on https://www.huffingtonpost.com/lee-davenport/4-ways-selling-a-house-co_b_9133818.html Have you ever sold a home that felt like a bad break up from a romantic relationship? Or, are you selling a home now but unsure why your emotions are in flux? Then you are not alone! Selling a home can be an emotionally charged major life event. However, like breaking up with someone that you genuinely cared for but simply have outgrown, the “blow” can be softened with the right technique, even on the most heinous of days to dump someone (like Valentine’s Day — ugh). Let’s discuss the dos and don’ts of selling a home in light of what you hope is an amicable break up. DO GET DRESSED UP Breaking up can be hard to do, especially if you are planning it anywhere near Valentine’s day. The respectable thing to do is to meet your former significant other face-to-face. But please don’t come in your favorite pair of sweats with holes in unsightly places and stains that reflect a desperate need for washing. Instead, dress up and end things with class so that the other person feels that they mattered. If you are selling a home, this is equivalent to having finely manicured lawns, stylish listing photos and advertisements. Just because you are ready to move on, do not short-change your efforts (or the money you can command) by having drab photos that communicate you are “so done” with this home. Three-dimensional tech tools like FloorPlan Revolution can help send your home off in style. DON’T THINK REMEMBERING THE GOOD TIMES IS OFF LIMITS When you are separating from someone that was a significant part of your life, it is sweet to share what was good. It is okay to remember the good times before “dropping the hammer.” Breaking up does not mean you have to burn photos and wish you could erase the day you ever met that person. Don’t forget, there was something that attracted you to the person in the first place. For those selling a home, you are a great help to your listing agent when you share what you loved about your home, particularly when you first purchased it, instead of rehearsing your “laundry list” of drawbacks. Your fond memories may be the inspiration needed for your listing agent to craft the perfectly worded ad or display the features and rooms that other families too will gravitate to and enjoy. Your appreciation for the home may very well translate into a point of attraction for prospective home buyers and help your home get sold faster. BUT DON’T FORGET THE REASON WHY IT IS OVER!  Don’t get sucked back in because you remember...

Re-Posted from http://realtormag.realtor.org/daily-news/2017/02/13/study-small-homes-appreciate-faster DAILY REAL ESTATE NEWS | MONDAY, FEBRUARY 13, 2017 Bigger isn’t necessarily better when it comes to appreciation. In fact, a new study shows that smaller homes likely will offer a bigger percentage return on a home shopper’s investment. A new study conducted by NerdWallet culled three years of listing data from realtor.com® of the 20 of the largest U.S. metro areas and shows that smaller homes, in general, appreciate at a faster rate than larger homes. Markets can vary greatly, however. In 17 of the 20 metro areas analyzed, listing prices of the smallest 25 percent homes rose faster when calculated as a percentage, according to NerdWallet. The median annual growth rate for the smallest quartile of homes was 8.9 percent from 2013 to 2016, the study showed. The second smallest group of homes had the second-fastest growth rate: a median annual growth of 7.4 percent. Florida had two of the metro areas that saw the fastest rate of price appreciation among smallest homes. In Miami-Fort Lauderdale-West Palm Beach, the smallest quartile of homes appreciated by a whopping 19.5 percent each year from 2013 to 2016. In close second, Tampa-St. Petersburg-Clearwater saw its smallest quartiles of homes appreciate by 16.6 percent annually. Still, while the smallest homes appreciate fastest when viewed as percentage, larger homes appreciate fastest by absolute dollar amount, the study showed. That’s not surprising given a larger home often comes with a heftier price too. Case in point, the smallest homes in the metro areas NerdWallet analyzed saw appreciation, on average, of about $57,535 between 2013 and 2016. Within that same time period, the largest homes saw prices rise, on average, by $99,790. Richard K. Green, a professor and chair of the Lusk Center for Real Estate at the University of Southern California, says one reason smaller homes are likely appreciating faster is due to less inventory of starter homes available. Buyer demand for starter, smaller homes remains high, however. That could be pushing prices higher, he says. Source: “Small Homes Can Offer Big Returns,” NerdWallet (Feb. 7, 2017)...

Re-Posted from http://styledstagedsold.blogs.realtor.org/2016/05/09/10-ways-to-boost-your-homes-value-on-a-200-to-2k-budge/ Submitted by HowMuch.net Maintaining and increasing your home’s value can pay off in major ways. Not only does helping your home hold value help it sell for its full amount, it can also help your home sell more quickly, help maintain your neighbor’s home values, and ensure that you’re not overpaying in property taxes. These 10 projects are listed from least to most expensive, and may help you increase your home’s value. Best part: None of these projects cost more than $2,000, so you don’t have to break the bank to take on these projects either. —-Low Cost: Budget under $500—- LAWN FERTILIZING Fertilizing your lawn may not seem as though it’s doing much for your home’s value, but a well-maintained lawn plays a major role in your home’s curb appeal. Curb appeal is how well your property looks from the road, and has a major impact on your home’s value and resale. Fertilizing a dry, brown, or otherwise patchy lawn can help boost your home’s curb appeal, and in turn its value. Cost: The average cost of lawn fertilizing is around $.03 a square foot assuming a 6,000 square foot lawn, for a total of $180. Total costs range from $.02 a square foot for a DIY job to $.04 a square foot during peak season. Money Saving Tips If you are able to tackle this job DIY, you can save a lot of money (which you can then use to plant shrubs or trees to further increase your home’s curb appeal). Tackle this job at the beginning of the season to avoid paying peak prices. INSTALL AN ATTIC FAN The attic is one of the most overlooked areas of the home when it comes to the impact on the rest of the home. Attics that are not properly insulated can become superheated, which can overheat the roof, cause ice dams, and raise your energy bills. Installing an attic fan can help protect your roof, lower your energy bills, and improve your home values. Cost: The average cost to install a gable mount electric attic fan is around $275 for spaces up to 2,500. Total costs range from $39 for a wind-powered vent to $321 for an electric fan to cool up to 3,000 feet. Money Saving Tips Look into getting a solar-powered fan, which will not only run when you need it, but will also lower your monthly energy costs to run it as well. PAINT A ROOM IN YOUR HOME Dingy, old, or out of fashion paint can really hurt the resale of your home. By giving a room in your home a fresh coat of paint, you can help remedy this problem. Choose...

Re-Posted from http://styledstagedsold.blogs.realtor.org/2017/04/17/revisit-your-listings-curb-appeal-have-you-done-enough/ By Caroline M. Carter, guest contributor You’ll want to leave potential buyers with a great impression of your listing’s exterior, that is if you want to motivate them to want to see more. But what do you do if the front entrance to a house looks dated, insubstantial and unwelcoming? Change it. What impression does this front door create for the potential buyer? Does it communicate value to the buyer? Is it worth their time to schedule a showing? No. The front door currently presents as an unimpressive–utilitarian front door with a tarnished, pitted brass doorknob and mail slot. With a quick trip to the nearest home improvement store, the updated entrance goes from drab to fab. A critical investment of $300 for new black paint and polished brass handset, knocker, mail slot and kick plate transformed this entrance and creates value in the mind of the buyer. It now presents as more polished and welcoming. It’s substantial, safe, secure and well-maintained. As a result of this quick fix, the buyer will now assume that the interior of the house is worth their time to schedule a showing. But wait, not so fast. All doors are important. The basement door facing the main street of this same house is unsightly, insubstantial and creates confusion in the eyes of the buyer–where is the front entrance? What is this door and where does it go? A simple black painted lattice framed outer door with no handle creates a more artistic and secure looking distraction so the buyer instantly knows that it is not the main entrance. Here’s another simple, inexpensive way to spruce up the curb: Update the house numbers. In the photo below, we added a newly installed black plaque with 4” house numbers on the stone wall closest to the stairs to the main entrance. It’s visible from the street and leads buyers to the actual front entrance. So, view your entrance and front door with a more critical buyer’s eye. Does it create a positive impression of perceived value? Does it compel the buyer to make time to schedule a showing? If not, it’s time to enhance it. First impressions...

Re-Posted from http://realtormag.realtor.org/daily-news/2017/04/18/what-really-makes-property-appreciate DAILY REAL ESTATE NEWS | TUESDAY, APRIL 18, 2017 A home’s value generally appreciates 3 percent to 4 percent every year, which is attributed mostly to population growth and inflation. However in 2016, homeowners saw appreciation jump to an average of 6.3 percent. Realtor.com®’s research team sought to find out what would boost a home’s value even more and what home features buyers may be willing to pay more for. Researchers analyzed millions of listings on realtor.com® from 2011 to 2016 to calculate the annual price growth rate of homes with certain features. Here are some of the clear winners in housing appreciation: Small homes: Homes smaller than 1,200 square feet appreciated by an average rate of 7.5 percent a year for the past five years. On the other hand, larger homes of 2,400 square feet or more rose by 3.8 percent a year. The smaller-home demand is being driven by millennials wanting to enter the market with a more affordable starter home and baby boomers who are looking to downsize, realtor.com® notes. Further, smaller homes are in shorter supply, which is prompting prices to increase more due to the high demand, says Jonathan Miller, president of Miller Samuel, a real estate appraisal firm. Two-bedroom homes: Homes with two bedrooms appreciate at a rate of 6.6 percent a year, compared to homes with five bedrooms that appreciate at 4.3 percent a year, realtor.com®’s research team found. Open floor plans: Homes with open floor plans appreciate 7.4 percent a year. It’s the hottest appreciating home feature that realtor.com® studied (see side for full list). As for features like stainless steel and granite, Miller says those amenities don’t really add any value to a home. “Those are what I call ‘have-to-have’ features,” Miller says. “A home needs to have them in a competitive market. But they don’t add long-term value. … Ten years from now, when you update your kitchen, they’ll be replaced.” Modern and contemporary homes: Modern and contemporary architectural styles have the highest potential for appreciation, increasing at about 7.7 percent annually. This style of home is known for simple, geometric shapes, and large windows. Newly constructed modern homes also tend to be energy efficient. Bungalows and Traditional are the next highest appreciating styles at 6.5 percent and 5.6 percent, respectively. Meanwhile, niche styles like Craftsman bungalows and Victorians are among the lowest appreciating architectural styles, at 3.7 percent and 2.2 percent, respectively. Researchers speculate that may be due to some of the maintenance responsibilities in staying true to the home’s historical architecture that is often connected to these styles of homes. Green space views: Homes with a park view appreciate at 7.9 percent a year, realtor.com®’s research team found....

From post on http://www.forbes.com/sites/houzz/2017/01/06/top-10-home-design-trends-to-expect-in-2017/#6442c8b031d5 JAN 6, 2017 @ 06:00 AM Mitchell Parker, Houzz Editorial Staff Looking for some great ideas for your home? How about a voice-activated assistant that will give you a weather update while you pour coffee into a preheated mug from a warming drawer? Not your style? No worries — there’s something for everyone in this preview of 2017 design trends. We plowed into Houzz data, sifted through popular photos and articles, and talked to industry leaders for this look at 10 things we think you’ll be seeing more of in the home in 2017. 1. Satin brass. Brass finishes have been making a comeback in recent years, cherished for their ability to bring shiny golden tones to a space without the high price tag. But more recently, designers like Elizabeth Lawson have been turning away from the reflective finish of polished brass and embracing satin or brushed brass, which is more muted and warm. “I especially like a satin brass finish because it’s transitional and can complement a number of styles,” says Lawson, who used the finish in the kitchen shown here. “It also looks amazing against almost any color of the rainbow. I think we’ll continue to see rooms with satin brass for quite some time and also possibly mixed with other finishes for a more eclectic look.” 2. Voice-activated assistants. There’s been a lot of talk about voice assistants in the home. It’s something Shawn DuBravac, chief economist of the Consumer Technology Association, which puts on the Consumer Electronics Show every year in Las Vegas (Jan. 5 to 8, 2017), says will be big in 2017. Amazon’s Alexa, which is enabled in the Echo Dot shown on this side table, acts as a voice-activated interface for many smart home devices. Google Home’s voice assistant launched about a month ago. These devices work through activation phrases like “Alexa” or “OK Google.” The devices, placed throughout your home, are always listening in somewhat of a dormant state. Say the activation phrase, and the device fires up and awaits your command. Ask it to give you the weather or play a song from Spotify or dim your lights or power up the hot tub. Early last year, Amazon opened its platform to third parties and has since added thousands of integrated features from smart home companies like Lutron, Crestron, Philips Hue, Wemo, Honeywell, Nest, Samsung Smart Home to other services from Uber, Domino’s, NPR and more. Google Home just launched its voice-activated assistant about a month ago, and DuBravac says he expects the company to open the platform to third-party companies soon. “What you’re seeing is continued maturing of the smart home ecosystem,” he says. “It’s...