Tag Archives: home updates

Remodeling vs Moving…Which is Right for You?

After a few years or decades in your home, you may discover it no longer meets your needs. When that is the case, you have two options. You can move and find a new home that meets your needs or remodel your existing home, so it fits your needs. Both options have pros and cons so there is a lot to consider when you are making your decision. Here are four questions to ask yourself before you decide.

  1. Is your location good or bad? If the location doesn’t work for you, that can’t be changed. In this case, moving is the option that will fix this problem.
  2. What about the size of your home? Do you want significantly more or less space? If you want less space, it’s time to move. If you want more space, you could add on to your home if your lot has enough space for that, your restrictions allow it and you have the money to do so. If adding on isn’t an option, moving is again the best choice.
  3. Beyond the location and if you like the place you are, do you like the area and feel comfortable in it? Did you buy your home 20 years ago and then a road was expanded, and you are closer to the highway than you would like? This is another thing that can’t be changed without moving. On the flipside, you may adore your location. It is very easy to grow attached to neighbors and your daily routine from where you live. If you love WHERE you live but don’t love the house anymore, a remodel might can help your house better meet your needs so you will love it as much as your neighbors.
  4. Are you looking for a home that will allow you to age-in-place? You may have lived in your home for 20-30 years but still love it. However, if all the bedrooms are upstairs, it may not be the place for you to grow old. Maybe you have a rarely used dining room or study that would make a great master suite. A remodel job may give you another 15-20 years in the home you love.

It’s important to think about this decision from multiple directions. Think about the financial aspect. Will a remodel cost so much that you will never recover anywhere near what you put into it? Remodeling can also be stressful. Are you up for the stress? Do you have the savings or are you willing to take out a loan for the changes you want to make? Can you remodel everything you want to at once or will you need to do it in stages so you can still live there? There are so many things to consider. Anytime you are thinking about real estate decisions, feel free to call me to answer any questions you have. I will be happy to answer any questions you may have, help you to find your dream home and/or determine the value of your existing property.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
nancy@mammothcountry.com
www.MammothCountry.com
CA Broker’s License #01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Photo by Milivoj Kuhar on Unsplash

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Should You Update Your Home or Sell It As-Is?

When you decide you are ready to sell your home, there will be many decisions to make like selecting a firm and agent to represent you, determining the list price and when you want to list your home. Before you get to the listing stage, you will need to determine if you plan to sell your home as-is or if there are improvements you want to make before listing.

Improvements come in all different sizes so depending on the age and condition of your home, there may be small improvements you can make or larger improvements that can change your home significantly. If you want to sell your home for its maximum value, it will need to be updated and have all systems in working order. What if your home is not in that condition currently? Is it worth making changes? It depends on what needs to be done and how much it will cost.

If your home needs repairs (not updates) like a new roof or repairs to an HVAC system, those should be made. When homes have major components that are not working, buyers will likely offer significantly less for a home. If your home is just dated, the updates are likely to cost more than the return they will be bring so it may not be wise to proceed with updates if the only reason is to increase your value. Depending on the market you live in, it may be necessary to update your home to help it sell if you live in a competitive market. If your home is not updated, you will want to remember that you will not be able to price your home the same as an updated home that recently sold because it won’t be comparable.

If you are thinking about making updates to your home but plan to live in it a few more years, the return is likely to be worth it. Historically, homes appreciate on an annual basis, so the appreciation coupled with the enjoyment you get from the updates you make to your home, are more likely to make the updates worthwhile. There are also some updates that usually have a greater return on investment than others.

When you are trying to decide what is best for your situation, you do not have to make the decision alone. As your trusted real estate advisor, I am always willing to have a conversation about your real estate investments and offer advice based on my experience and knowledge. I am available to you before, during and after the sale for real estate advice not just when it is time to sell.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
nancy@mammothcountry.com
www.MammothCountry.com
CA Broker’s License #01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Image by Jesse Bridgewater from Pixabay 

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Prep Your Yard for Spring

Spring is officially here and thanks to the Coronavirus, you should have more time at home than ever before to make your yard look its best. If your yard has been neglected throughout the winter (or maybe for years), where should you start to help it look its best?

Start with a vigorous raking of your yard. You probably raked in the fall to clear the leaves that had fallen but spring raking has a different purpose. The primary reason for spring raking is to clear the thatch that has built up over the winter. While raking, you will also have the chance to see if there are areas of your lawn that need special attention.

Spring is the perfect time of year to apply preemergent herbicides. These herbicides will help prevent the growth of weeds as the grass starts to grow. As the weeds begin to grow, you will want to pull the weeds or apply a postemergent herbicide to stop their growth.

As you prepare for your first cut of the season, do not forget to tune up your lawn mower, weed eater and other equipment so they are ready for the season ahead. After your equipment has been prepped for the season, it is a good time to give your lawn its first cut of the year. For the first cut, raise the deck on your lawn mower to its highest level to cut your yard. This will allow your lawn to look a little cleaner and give young grass a chance to grow before you start cutting it regularly.

After you have prepared your grass, it is time to give the rest of your yard some attention. Add some bright flowers, freshen your mulch and shape the bushes so your yard looks its best. If you are thinking about selling your home anytime soon, these preparations are a great first step toward increasing your curb appeal. If you would like to talk about the current real estate market and the value of your home, give me a call today.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
nancy@mammothcountry.com
www.MammothCountry.com
CA Broker’s License #01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Image by aedrozda from Pixabay 

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Fall in Love with a New Kitchen

If you are planning a remodel in 2020, the kitchen is one of the most popular rooms to remodel. With kitchen remodels ranging greatly in price, you will want to take time to decide exactly what you want before you begin the process. If you are on a tight budget and can’t do a full kitchen remodel, you may want to consider waiting instead of spending money on changes that won’t satisfy you long term. A less expensive fix that needs to be changed right away will cost you more than doing it right the first time.

If your budget is large enough to accommodate the project you want to complete, the next step is to decide what you want to change in your kitchen. Here are some items that are readily available and sure to please you and any future owners of your home.

  • Granite, solid surface and butcher block countertops all have loyal followings.
  • Sleek appliances. Stainless is still popular but black stainless is showing up frequently as are some custom color options.
  • As people declutter more, open shelving has become more popular for your most frequently used items.
  • Statement sinks pop up more today while farmhouse and stainless options still maintain a strong presence as well.
  • Add a statement color in a small amount. A colorful island, painted ceiling, or bright table can make a large impact in an otherwise neutral space.
  • Select a range hood that makes a statement for a fun and functional update.
  • Technology is in the kitchen too with Bluetooth syncing to refrigerators and ovens becoming more common.
  • Integrated appliances hidden behind paneling and built-ins make your kitchen a true designer space.
  • Cabinets have seen an upgrade with new shapes and sizes like deep drawers for storing pots and pans near the cooktop.

It can be tempting to pack everything you love into your kitchen but don’t overdo it. While several of these trends can be easily incorporated in your kitchen remodel, don’t attempt them all. Pinterest and Houzz both provide great resources to search for ideas so you can determine what you like and what you don’t. Contact me today to determine what updates would be best for you. I will be happy to answer any questions you may have, help you to find your dream home and/or determine the value of your existing property.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
nancy@mammothcountry.com
www.MammothCountry.com
CA Broker’s License #01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Photo by Rustic Vegan on Unsplash

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Skip these Five Upgrades if You Want to Increase Your Home’s Value

When you are thinking about home improvements, it’s easy to get excited about having the latest and greatest features in your home to enjoy. Even if you have no intention of selling your home soon, you will need to eventually and wouldn’t it be great if the changes you made also increased the value of your home. Many people assume that all upgrades increase their home’s value but that isn’t the case and the amount of the increase is rarely equal to the cost of the improvement. If you want to make sure you aren’t spending money on things that don’t count, skip these five upgrades and opt to improve another area of your home.

    1. A swimming pool will not add value to your home. Though a pool seems luxurious to most people and like it would be a fun thing to have in your backyard, many people don’t want the responsibility of a pool to maintain and worry about the danger it could be as well.
    2. Extensive landscaping can look beautiful, but it will not change the value of your home. Landscaping can change drastically in a month if it isn’t property maintained so because it isn’t a permanent improvement, don’t expect it to change the value of your home. If you are trying to sell your home, it may very well appeal to buyers, but they won’t be willing to pay more for it.
    3. Routine home maintenance updates won’t increase the value of your home. Did you just replace your 30-year old roof or install a new HVAC or new carpet? While this is great, the return on investment is zero. A home is expected to have all of these things functioning when a buyer purchases your home. Having a new roof may mean they like your home more than your neighbors but doesn’t mean they will pay more for it.
    4. Upgrades that are inconsistent with the rest of your home aren’t going to improve your home’s overall value. If your home is in a moderate neighborhood and you install a luxury kitchen or bath similar to those found in million-dollar homes, you won’t see a return on that. Buyers will base their purchase price on the total space your home has and if you over-improved a room with updates that don’t make sense with the rest of the house, your home likely won’t be the price range of someone that is looking for those features or can afford them.
    5. Invisible upgrades like extra insulation, new pipes or updated electrical wiring won’t improve the value of your home. Even if these things really needed to be done, they won’t make a difference to a buyer of your home.

All of this doesn’t mean you shouldn’t add these items if you really want them. Your house is more than its value. While you live in it, enjoy every minute and if exquisite landscaping and a beautiful pool help you enjoy your home, then add them. Just remember when it comes to sell that your payment was in your enjoyment and won’t be in the sales price of your home. Contact me today to determine what home updates would be best for you. I will be happy to answer any questions you may have, help you to find your dream home and/or determine the value of your existing property.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
nancy@mammothcountry.com
www.MammothCountry.com
CA Broker’s License #01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Image by pjmverbeeck from Pixabay 

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Four Must Haves for Your Kitchen

Four Must Haves for Your KitchenFor many people, your kitchen is the hub of your household. If that is true for you, take the time to make sure your kitchen is adequately updated for maximized efficiency, comfort and style. With so many options for kitchens available, how will you ever decide what you want? It’s always a good idea to think about the future resale value of whatever you choose as well so it doesn’t detract from your home whenever you are ready to sell. Here are four kitchen features you don’t want to skip.

  1. An island. There are so many ways to incorporate an island into your kitchen and they come in all shapes and sizes. Whether it adds just counter space and storage, bar seating, a cooktop, prep sink or all of that, an island creates a nice space that is open and easy to work at without cabinets above it like most other parts of the kitchen. This makes it an ideal solution for prep space, and you are sure to love it.
  2. Corner Storage. No matter how efficiently your kitchen is designed, there are corners and there will always be things that get pushed to the back meaning you forget about them completely or choose not to use them often because it is too hard to get them out from the back. Add a lazy susan in your corner. This will allow your storage to rotate back into the cabinet space and keep things you use easily accessible.
  3. More than one kind of lighting. Gone are the days of one light in the kitchen. With multiple ways to use your space, you need a variety of lighting to complement the space. You will enjoy the benefit of a light over the sink, additional lighting over the island, bright lighting for any prep spaces and even under the cabinet lights to add ambiance and function.
  4. A pot filler. If you cook daily, you will fall in love with this feature instantly. Tired of filling your heavy cookware with water at the sink and lugging it to the stove, add a pot filler beside the cooktop and use it to fill all of your pots with water with just a flip of the handle. This isn’t as big an undertaking as you think as water is probably only a few feet away from where you want this to be installed.

All of these features will add instant appeal to your kitchen, and you will love the flexibility they provide when you are preparing meals for your family. If you ever want to discuss remodel ideas and how they will impact the value of your home or need a recommendation of a good contractor to install your new island, give me a call.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
nancy@mammothcountry.com
www.MammothCountry.com
CA Brokers License #01264041

Image by Solomon Rodgers from Pixabay