Navy Fellas Realty Group

Real Estate, Residential sales and purchase

What Home Improvements Sellers Should Make In 2022

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What Home Improvements Sellers Should Make In 2022Owning a home is an investment, and it is important for people to treat it as such. Some homeowners are looking for improvements they can make to their house that might improve its resale value. There are a number of home improvements that seller should consider making in 2022 if they want to maintain or increase the value of their home.

Add A Stone Veneer

One of the top home improvements homeowners might want to make is to add a stone veneer. It can be expensive to replace the siding of a house with a stone veneer, but this is an improvement that can add significant value to the house over time. Furthermore, homeowners might expect the cost of the veneer to recoup almost all of its value when they go to sell the house.

Update And Remodel The Kitchen

Another upgrade that homeowners should consider is remodeling the kitchen. Styles change over time, and the needs of homeowners can change over time as well. Remodeling the kitchen can be both a stylistic upgrade as well as a functional one. People spend a lot of time in the kitchen, and a prospective buyer might be willing to pay a lot of money for a kitchen that has been upgraded and remodeled. The cost of the project could pay for almost all of itself by increasing the value of the home. 

Replace And Upgrade The Windows

Consider replacing and upgrading the windows to boost the value of the house. A lot of people are tired of spending a lot of money on utilities, and one of the ways to save money on utility bills is to invest in energy-efficient windows. This can improve the insulation of the house and reduce the load on the HVAC system. Buyers might like these utility savings, and they could be willing to pay more for the house, covering the cost of the windows in the process.

Invest In A House With These Improvements

These are just a few of the many home upgrades that homeowners should consider making. There are plenty of ways to not only improve or remodel the house but also increase its value. Work with a professional to get the most out of these improvements. 

The Top Issues Homeowners Cannot Ignore

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The Top Issues Homeowners Cannot IgnoreOwning a home can be a major investment, but it is also a significant responsibility. From time to time, issues can pop up, and it is important that homeowners do not to ignore them. Ignoring these issues can lead to significant repair bills down the road. What are some of the top issues that homeowners should not ignore?

1. Mold

Mold is a sign that the humidity level in the home is off or that there is standing water present somewhere. Mold thrives in warm, moist conditions. If homeowners do not address mold as quickly as possible, it will proliferate throughout the house, damaging the structure. Mold can also lead to significant health concerns, particularly for people who suffer from chronic respiratory conditions. 

2. A Warped Floor

If there is a warped floor present, it needs to be investigated quickly. A floor begins to warp when there is water trapped underneath it. Water damages the integrity of the floorboards, causing them to bend and buckle. The problem will get worse if the water source is not identified and rectified. Homeowners need to fix this as quickly as possible. 

3. Missing Roof Shingles

The roof is responsible for protecting the rest of the home from precipitation. If there are any shingles that are damaged or missing, they will not do their jobs. Water can get in through this area, spread throughout the rest of the roof, and lead to major damage. Homeowners need to get the roof inspected to identify and fix missing shingles.

4. Unusual Noises From The HVAC 

If there are unusual noises coming from the HVAC, it could be a sign of a tremendous amount of stress on the unit itself. This could cause the HVAC unit to burn out quickly, leading to a major bill. When unusual noises are addressed, the HVAC unit can be fixed, extending its lifespan.

Take Care Of The Home

These are a few of the many issues that homeowners should not ignore. If homeowners do not identify these issues and fix them as quickly as possible, they will simply become more expensive and cumbersome down the road. These signs need to be addressed by a major professional, and many of them can be avoided with routine maintenance. 

 

Where To Squeeze A Home Office In Your Home

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Where To Squeeze In A Home Office In Your HomeIf you have started working from home, whether you are a freelancer or running a business, having a home office in your home is very important.

It is a place where you can separate your home life and work, so that you can get “in the zone” and concentrate on the important work tasks that you need to complete. But where should you place your home office?

If you have a spare bedroom in your home, the answer is easy – but what if you don’t have this extra space? Is it possible to squeeze a home office into an already full home? Of course it is, you just have to think outside of the box. Here are some ideas:

Convert Your Attic

If you have an attic in your home, why not use that space for a quiet and private home office? It will be separate from your home and free from any distractions. If your attic is unfinished, converting it into living space can be a good investment that will improve the value of your home.

Work At Your Breakfast Nook

Perhaps your kitchen has a breakfast nook, but your family always ends up eating at the dining table and doesn’t really use it much? If this is the case, you could create a small and compact office space where you can work – while being close to the coffee maker in the kitchen!

Find An Unused Corner

Perhaps there is a corner of your bedroom or living room that you aren’t really using for much? Why not turn it into a home office? All you need is a small desk and a chair to create a workspace. If you want to separate it from the rest of the room, you can use stylish room dividers.

Go Underground

Have you ever thought of using your basement for your home office? There is probably a corner down there that you could use for office space. To combat the lack of natural light, you can use a SAD lamp that offers the same wavelengths as sunlight.

These are just a few ideas of where you could place your home office, even if all of the rooms in your home are in use. As long as you can find a quiet corner somewhere, you can create your ultimate working space.

For more tips and information, contact your trusted real estate professional today.

Popcorn Ceilings and the Trend to Remove Them

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Popcorn Ceilings and the Trend to Remove ThemDuring the 1970s, home building picked up on the idea of a cheap but effective way to reduce sound travel from one floor to the next: popcorn ceilings. Essentially, after the drywall was installed, a finisher would come in with a plaster mix and spray on the ceiling drywall for a bit of a lumpy effect. The disparate clumps and bumps not only created a texture to an otherwise flat-looking ceiling, they also helped break up sound waves. After being spray-painted in white, the ceiling texture essentially blended with the rest of the room to produce a finished look. Popcorn ceilings were such a common approach, entire home subdivisions had cookie-cutter ceiling work done by teams on new homes.

A Bad Memory From the Past

Today, popcorn ceilings are like sheet vinyl on flooring, relics of the 1970s decade and almost a trigger for a negative gut reaction from anyone who lived in that time period, particularly as a kid. Worse, prior to 1978, some of the material used to create the popcorn ceiling also included asbestos under the idea that it would improve safety and increase fire resistance ( disregarding the fact that asbestos is extremely hazardous to breathe once airborne).

Leverage for a Buyer, Vulnerability for a Seller

No surprise, anyone in modern times coming into a used home as a new buyer and owner will likely want to have the popcorn ceiling texture completely removed and redone. In some cases, during a buyer’s market, some prospects will actually want the seller to pay for the work to sell the home quickly.

Sellers should expect, at a minimum, that the issue will be used to argue for a lower price, at least in a normal market or where there is competition to secure a buyer. Only during a seller’s market will the presence of the popcorn ceiling pretty much be a non-issue for a quick sale.

While it might seem tempting to just have the owner scrape the ceilings and repaint them, it’s best to have a professional take care of the removal in a clean process. Especially if the home is older than 1978, the work could be hazardous and require specific steps for proper mitigation.

A Comprehensive Home Maintenance Checklist For The Homeowner

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A Comprehensive Home Maintenance Checklist For The HomeownerThere are many people who purchase a home with a target monthly payment in mind. This monthly payment usually includes major expenses such as the monthly mortgage payment, real estate taxes, and homeowners’ insurance. At the same time, there are other costs as well, such as home repairs and maintenance.

In general, homeowners should budget between one and three percent of the home’s value every year to cover typical maintenance and repairs. This does not include renovation expenses, which might require additional funding. What are a few examples of maintenance expenses homeowners need to consider?

Monthly Home Maintenance Tasks

There are a few straightforward tasks that homeowners need to do every month. These maintenance tasks can help homeowners prevent larger bills down the road. A few examples include checking the filters on the HVAC system, looking for leaks that might be present around sinks and toilets, and taking a look at the filter in the kitchen vent hood. Homeowners also need to make sure their smoke and carbon monoxide filters are working properly. Finally, go for a walk around the outside of the house to look for any cracks in the foundation.

Winter Maintenance Tasks

There are a few maintenance tasks that need to take place during the winter as well. Homeowners in the colder climates need to watch for the buildup of ice dams on the roof, which could trap snow as it melts. Homeowners should also inspect the home for any drafts under the doors or windows, which could drive up heating bills. Finally, depending on where your home is located you may need to cover the air conditioning units to protect them against snow and ice.

Spring Checklist Tasks

While winter can be tough on a home, there are several maintenance tasks that should be done during the spring as well. It is important to order an HVAC inspection during the spring to make sure it is working properly. The roof should also be inspected by a professional for any signs of issues. Sometimes, the gutters can be clogged by leaves and ice buildup, which should be addressed before spring storms arise. Finally, make sure the doors and windows are sealed as well.

Following these spring maintenance tasks can reduce the risk of repairs down the road.

Where To Find Inspiration For Your Home Decor

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Where To Find Inspiration For Your Home DecorAre you working on decorating your home? Perhaps you want to spruce up your decor, but you aren’t sure where to start. Where can you find inspiration for your home decor, besides the obvious home decor magazines and websites?

Here are some fun and creative ideas that will inspire you when designing your decor:

Luxury Hotels

The next time you go on a vacation, you can find decor inspiration at your hotel. Most hotel rooms in mid-range to luxury hotels have beautiful, comforting and understated designs, so take photos if you find something that you like.

Perhaps you can invest in plush throw pillows for your bed, a sleek bed table lamp or thick white towels for your bathroom to recreate the look of a luxury hotel.

Art Galleries

Take a walk around your local art gallery and see if you can find some inspiration there. Perhaps the harmonious colors of Impressionist paintings or the angular shapes of Cubism will inspire you to add visual interest to your decor.

You might not be able to afford an original Picasso or Monet, but you can always order prints of your favourite artists online and add art to your home on a budget.

The Beauty Of Nature

Another place to find beauty and inspiration is from Mother Nature herself. Take a walk outside in the country and take some photos of what you encounter.

Perhaps you will be inspired to paint your walls a shade of green just like the spring leaves, or create a centrepiece for your table made from pinecones.

Fashion Design

You can also find inspiration from the colors, textures and patterns that are popular in the world of fashion design. Look at magazines, fashion shows and advertisements to see what colors and styles are popular at the moment.

If you love the look of a certain item of clothing, think about how you can incorporate that color, texture or pattern into your decor.

If you have an open mind, you can find inspiration for your home decor all around you. These are just a few ideas to get you started, but of course there are many other sources of inspiration out there.

For more info and tips regarding your home, contact your trusted real estate profesional.

7 Inexpensive Upgrades You Can Make To Your Rental Property

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7 Inexpensive Upgrades You Can Make To Your Rental PropertyUpgrading your rental doesn’t need to cut deeply into your profits. You can add curb appeal and help prospective tenants see your rental as their next home by making some simple changes. The following upgrades are all things that a handy landlord can do without needing to hire professional contractors.

1.  Decorative Switch Plates

Replace ugly cream switch plates with either stainless steel models or decorative designs. Fancy switch plates for light switches and electrical sockets cost very little, yet make any room look nicer. The best part is, you can do the replacements yourself, using only a screwdriver.

2.  Flower Beds

Beautiful flower beds make any rental look more inviting. You can enhance curb appeal by planting inexpensive perennials around the front of the rental and along the pathway leading up to the door. Top off your newly planted flower beds with a fresh layer of colored mulch.

3. Kitchen Cabinet Refacing

Kitchen cabinets are pricey, but it’s cheap to just reface existing cabinets. You can either replace the entire doors or take them off and give them a fresh sanding and a couple of coats of varnish or paint.

4. Fresh Paint

Even quality paint is inexpensive. Give your rental a beautiful new look with fresh paint throughout. You’ll want to use neutral tones, but consider making an accent wall, painted with an attractive color.

5. New Light Fixtures

Old light fixtures make a place look dated. You can pick up inexpensive light fixtures at big box home improvement stores. This simple upgrade will make your rental more attractive and modern.

6. Broom Storage Area

Most rentals don’t come with a broom closet, but you can create a makeshift broom storage area very cheaply. Just pick up some plastic broom holders and a shelf from the hardware store. Attach the broom holders to the wall and hang the shelf over that. Your tenants will appreciate the upgrade!

7. Fresh Window Treatments

Window treatments make a house look like a home. Replace window blinds or shades for an instant upgrade. Curtains are even cheaper and can be laundered and reused between rentals.

No matter where your rental is located, you can make it more attractive with these easy and inexpensive upgrades that you can do yourself.

The Top Tricks For Updating A Home On A Tight Budget

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The Top Tricks For Updating A Home On A Tight BudgetThere are a lot of people who are looking for ways to get the most money out of their property when they put it on the market. One of the tricks to doing this is to update the home before it goes on the market. Unfortunately, this can also be expensive.

Even though it is true that many homeowners will be able to recoup the price of the renovations when they list the home on the market, we still need to pay for these updates out-of-pocket. This can be incredibly expensive and could take money from other important areas, such as a car or someone’s education. Fortunately, there is a way for people to update their home without spending any money out of pocket. 

Refinance The Home And Free Up Some Cash

The first option the people need to consider is the opportunity to refinance the home while also freeing up some cash. Those who have been in their home for several years might have some equity built up in the home. They may be able to refinance their home, reducing their monthly payment while also getting a little bit of cash they can use to complete the renovation without paying anything out of pocket. Those who are interested in this option should speak with their lender about some of the ways they might be able to finance their renovation project.

Set Up A Payment Plan With The Contractor

Another option that homeowners might want to consider a set up a payment plan with the contractor. A lot of contractors are willing to provide homeowners with very low interest rates, or 0 percent interest rates, on the home renovation project. Most contractors understand that a lot of families are operating on a budget and might not have money to pay for the project in its entirety up front. This is another topic that homeowners should discuss.

Finance A Home Improvement Project On A Budget

These are just a few of the many ways that homeowners can finance a home renovation project without spending an exorbitant amount of money out-of-pocket. Think about these options ahead of time and make that next home improvement project more affordable.

 

When Is The Best Time Of Year To Buy Things For A Home

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When Is The Best Time Of Year To Buy Things For A HomeFor those who are trying to buy things for their home, it is important to think carefully. Nobody wants to overpay; however, reaching for something cheap may simply end up getting replaced quickly. There are a few highlights that everyone should consider purchasing for their home in January!

Purchase Some Furniture In January

First, everyone has to make sure they think about buying furniture either in January or July. A lot of furniture manufacturers provide retail stores with new pieces in February and August. Therefore, a lot of furniture will go on sale starting either in January or July.

Storage Items Go On Sale In January

Again, a lot of stores will roll out sales in January for storage essentials such as baskets, shelves, and organizing systems. There are a lot of student’s who are looking for inexpensive items before the start of the new semester and what’s leftover after Christmas will often go on sale in January.

Major Appliances Go On Sale During January And The Holidays

One of the most expensive items that people purchase for their home is a new appliance. These tend to go on sale during the holidays and shortly after Christmas. With new versions coming out at the start of the new year, the prior year’s models need to be cleared out and retail stores will slash their prices in January.

Flooring And Paint Will Go On Sale In January

A lot of homeowners will take breaks from remodeling projects during the holiday season. Therefore, paint manufacturers and flooring specialists are often desperate for business during the winter. For this reason, a lot of paint and flooring essentials will go on sale during January, providing homeowners with a chance to save some significant money on their next renovation projects.

Linens And Towels Go On Sale In January

Finally, anyone who is looking for new linens and towels should try to wait for January. These are common gifts during Christmas so retail stores will be looking for ways to clear out the leftover inventory after the holidays. As a result, a lot of linens and towels will be marked for major discounts following Christmas.

How To Finance Your Home Improvement Project

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How To Finance Your Home Improvement ProjectIf you have been spending a lot of time at home recently, then you might be getting tired of staring at the same four walls. Fortunately, there are plenty of ways for you to switch it up by financing a home improvement project. At the same time, home improvement projects can be expensive, particularly if you are targeting the kitchen. Therefore, you might be wondering how you are going to be able to pay for them. There are plenty of ways that you can finance a home improvement project, so take a look at a few of the options below. 

Consider Taking A Cash-Out Refinance

One way that you can free up some extra cash is to carry out something called a cash-out refinance. Right now, due to the coronavirus pandemic, mortgage rates are at historic lows. Therefore, you might be able to complete a refinancing plan that can free up some cash for the home improvement project. When you refinance your loan, you essentially change the terms of your mortgage to free up some of the equity that you already have in your home. Then, you can put this equity toward your home improvement projects. 

Take Out A Home Equity Line Of Credit

You might also be able to tap into the equity you have in your home directly by creating a line of credit. This is a common option when it comes to home improvement financing. The money that you receive from this home equity line comes directly from the equity in your home. If you have been paying into your mortgage for several years, then there is a high chance that you have built up an equity line of credit. At the same time, remember that this is very much like a second mortgage, so you are essentially putting up your house as collateral.

Finance Your Home Improvement Project

Even though you can always put your home improvement project on a credit card or take out a personal loan, it might be better for you to tap into the equity in your home. By accessing a lower interest rate, you might be able to save a significant amount of money while still accomplishing your home improvement project goals.