Six Strategies to Add Value to Your Phoenix Home

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Today, I want to discuss six ways to upgrade your home’s look, and add value while you’re at it. Many of these are fairly inexpensive, too!

1. Reduce clutter. Over time, it’s normal to accumulate belongings to fill up your home. Start going through and clearing tabletops.

2. Eliminate grunge. Sometimes, I open my garage and there’s stuff everywhere. Clean it and reduce the junk.

3. Change lighting. Add or rearrange lamp fixtures. This one of the best and simplest ways to make a room appear bigger.

4. Upgrade hardware. It always surprises me how adding new hardware makes such a big difference.

5. Repaint. This is the least expensive yet most impactful way to upgrade your home’s look.

6. Focus on decor. Sometimes, when you’ve had furniture for a long time, you want to invest in some new decor. This could include furniture, drapes, and other fixtures.

If you’re thinking about buying or selling in the Phoenix area, give me a call or send me an email. I’m happy to answer any questions you might have about this topic or more!

Should You Invest in a Phoenix Home That Needs Renovations?

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Today, I’ll answer a question I’m often asked: “Should I buy a home that needs a lot of repairs?”

Well, first off, many people think that regardless of the necessary repairs, a property is a great deal. However, that might not be the case. Renovation expenses might contradict the initial price of the home and make you pay even more.

Ask about what’s wrong with the property. Investigate the estimated cost to address and fix all of those repairs. Figure out how much it costs to bring that property to the level of a comparable home in the neighborhood. Once you have that list of repairs and prices, we can compare it to the overall price of the home.

Secondly, if the price of the home alongside the repair expenses is worth the home’s true value, you didn’t end up with a good deal or advantage. If you’re buying a home with mass repairs, you’ll put in sweat equity to gain equity from the effort you’re putting in to fix it. Another advantage includes customizing the home your way, such as floors and wall colors, so it looks the way you prefer it.

Purchasing a property with repairs may or may not be a good deal, but there’s more to consider beyond the surface. If you’re thinking about buying or selling a home in the surrounding Phoenix area, give me a call or send me an email today!

Four Things to Consider When Moving Up in Phoenix

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Looking to Sell in Phoenix?  Get a free home value report

You might be thinking about upscaling to a larger property in the surrounding Phoenix area. Today, we’ll cover the four things you should consider when you’re looking to buy a bigger home.

1. Get the right mortgage. Think about your ideal timeline. Ask yourself how long you plan to live in that new home. Is it your final destination? What’s better for you: a 15-year fixed or 30-year fixed loan?

2. Know the plan for your current home. What are you going to do with it? You can lease it out and turn into an investment property, or of course, sell it.
3. Research the qualification process. Ensure you are approved for the home you’re set on.
4. Think about increased costs. A bigger home entails larger expenses. For instance, this might be a bigger utility bill every month. Is that something you’re prepared for?

If you’re thinking about buying or selling, or have any real estate questions, reach out to us and let us know! Contact our office by phone or email today.