Design September 14, 2023

A Guide to Permits and Regulations for ADUs, Sheds, & More

The desire to maximize property value among homeowners is stronger now than ever. As the movement of short-term rentals, turnkey properties, and real estate investment continue to grow in popularity, it’s worth it to take a moment and understand the regulations that dictate a property’s potential. Understanding a bit more about the process for obtaining the necessary permits to build structures on your property will help you avoid getting bogged down in legalities when trying to complete these projects.

Do I need a permit to build an ADU?

Accessory Dwelling Units (ADUs) and other additional property structures have emerged as viable options for homeowners looking to maximize their property’s potential. These structures offer additional living space while creating opportunities to generate extra income or accommodate multigenerational family members. But before you break ground on your building project, here are some of the things you should keep in mind.

  • Permits and Regulations: No matter where you live, it is necessary to obtain the appropriate permit before you begin the construction process. Permits ensure that your project complies with local building codes and regulations. Though some guidelines are universal, keep in mind that every local area has its own specific building requirements for residential properties.
  • Code Compliance: Building codes aren’t just red tape for the sake of red tape; they exist to make sure that all buildings are safe. Whether you’re building the structures on your property DIY or hiring a professional to do the job, you are the one kickstarting the project, not your local municipality. But by having these codes in place, they can ensure that you’re adhering to the required standards of safety. Before you even start on your project, familiarize yourself with your local codes and regulations. Contact your local zoning department or building authority to learn more.
  • Applying for a Permit: The permit application process varies by location. Typically, you’re required to submit detailed plans for your project with documents that outline its scope, size, etc. Whether you submit architectural drawings, engineering plans, or some other form of detailed blueprint, be prepared for a thorough review on behalf of your local authority to make sure your project complies with the rules.

Whatever project you have in mind—ADU, garden shed, pool house—it’s important to become well-versed in the permits and regulations that will allow you to get it built hassle-free. Consult with local authorities to get the full picture of what’s required from you. Once you’ve checked all the boxes, you’ll be well on your way to maximizing the value of your property. Pair your building project with these design ideas to take your backyard to the next level:

5 Design Ideas to Improve Your Backyard

 


­­­­­­Featured Image Source: Getty Images – Image Credit: Onfokus

Buyers September 12, 2023

Ten Qualities to Look For in Your Real Estate Agent

Buying a home is one of the most significant financial and emotional purchases of a person’s life. That’s why it is so important to find an agent that can not only help you navigate the home search process while answering your questions and addressing your needs from start to finish. Most importantly, your agent should care about your happiness and ensuring that you find the right home for you. Here are some important qualities to consider when selecting a real estate agent.

10 Qualities to Look for in Your Real Estate Agent

1. Likable: More than likely, you will be spending significant time with your agent. You’ll be side by side throughout the ups and downs of the buying process, so it’s worth it to spend time looking for someone that you enjoy interacting with. Working with a Buyer’s Agent

2. Trustworthy: One of the best ways to find an agent who you feel you can trust is to ask friends and family for a referral. You can also interview different agents and ask for client references. When vetting agents, prioritize their trustworthiness along with their business acumen and ask questions that will help you narrow your search. If you’re having trouble knowing where to begin. Here are a few common questions you can ask to get the conversation started:

    • How do you help buyers to make their offer stand out?
    • How many clients are you working with currently?
    • What is the best way to contact you?
    • How long have you been an agent in the local market?
    • Do you represent both buyers and sellers?
    • Do you have recommendations for mortgage brokers, home inspectors, etc.?

3. Effective Listener: While your agent can’t read your mind, they should be able to make educated recommendations and offer advice by listening closely to your needs. Make sure you talk to your agent about your priorities, what types of features appeal to you, as well as any factors that could be deal breakers. This will equip your agent with everything they need to help find you the perfect home as they explore the Multiple Listing Service (MLS) for available listings.

4. Qualified and Experienced: Make sure your agent has the qualifications and experience to meet your specific needs. For example, some agents have more experience with short sales, while others might be experts on certain neighborhoods or types of housing. Find someone who is good at what you’re looking for. Ask specific questions when you interview them so you can get a better idea of what they’re great at, and if they’ll be a good fit for your search. For a comprehensive list of real estate agent certifications, visit our blog:

5. Knowledgeable: A great agent is someone who is out in the neighborhoods, exploring communities, visiting listings, staying up to date with market and industry news, and collecting all the information that you need to make an informed, confident decision about your real estate needs. For up-to-date information about your local market, visit the Market News category of our blog.

6. Honest: Your agent should be upfront and honest with you about every aspect of your home search process—even if it involves delivering bad news. The best real estate agents are more concerned about finding the right home for their clients, not just the home that brings in the fastest commission check.

7. Local: Every community is different, and all real estate is local, so it’s important to find someone who really knows the local market and can provide you with the information you need to familiarize yourself with a particular area. This will narrow your home search and help you find listings you can afford.

8. Connected: A well-connected agent will have relationships with lenders, inspectors, appraisers, contractors, and any other service provider you might need during your home search. Though your agent will be your greatest asset in the home buying process, it takes several people to successfully purchase a home.

9. Straightforward: You want an agent who will work hard to help you find the best home, but you also want someone who will be straightforward with you about the process and how to set realistic expectations given the market conditions in which you’ll be buying.

10. Committed: Your agent should be in it for the long haul, meaning that they’re looking out for your best interests every step of the way, no matter how long the process takes. Connect with a local, experienced Windermere Real Estate Agent today:

 


­­­­­­Featured Image Source: Getty Images – Image Credit: skynesher

Design September 7, 2023

5 Ways to Add Privacy to Your Patio or Balcony

Your home’s interior can offer you peace of mind, but there’s nothing like the connection between your patio and the great outdoors. With a little privacy, you can relax and unwind at home like never before. Here are five creative tips to add privacy to your patio or balcony and turn into your own personal retreat.

5 Ways to Add Privacy to Your Patio or Balcony

1. Vertical Gardening

Incorporating nature into your outdoor space will not only help you make it more private, but it will also help bring the space to life with an organic touch. Vertical gardens will liven up your patio while making it more secluded. Choose plants that thrive in your local climate and complement your home décor style.

2. Install a Pergola or Canopy

Looking to make your backyard a bit more exclusive while providing some shade? A pergola or canopy will do the trick. This versatile choice is also fitting for any homeowners who like to entertain and want to extend their parties to the outdoors. To set up, pick a central space on your patio for your pergola that won’t interrupt the flow of foot traffic. These furnishings may be the missing piece for your backyard retreat; they will protect you from the elements year-round while maintaining that open-air feeling you’re looking for.

 

A private backyard patio where two wooden chairs with light green pillows are set up among flowers in ceramic planters, a lantern with a candle in it, and trees all around, which hide the fence in the background.

Image Source: Getty Images – Image Credit: Kristin Mitchell

 

3. Privacy Screens

Your patio privacy project will lead you toward some creative decorative opportunities. Privacy screens work like a fence for your home, in that they help to enclose your property from your neighbors. However, unlike a fence, they are easy to move around and come in various styles and materials to match your taste in outdoor décor. Typically made of vinyl, metal, wood (bamboo is a popular choice), and artificial greenery, these products may be just what you’re looking for to frame your private patio area.

4. Planters

You can create a barrier and refresh your backyard or balcony patio aesthetics at the same time with planters filled with tall plants. If you’re willing to wait, trees and vining plants can grow into lush fences over time. If you’re hoping for a quicker solution, consider lifted planters with mature bushes or hang planters with plants that cascade down. How to Create a Balcony Garden

 

A woman tends to her balcony garden. She is growing plants to make her condominium more private.

Image Source: Getty Images – Image Credit: vm

 

5. Outdoor Curtains and Art

Finding the right items to hang will help create the backyard oasis you’re dreaming of. For those with a vertical structure in the backyard like a pergola or gazebo, or a balcony that can hold a tension rod, consider adding outdoor curtains for some elegance and privacy. For a more personalize approach, a gallery wall can also help keep the creative juices flowing outdoors while connecting the space to the inside of the house. Search for weather-resistant frames that will hold up as the seasons change and hang them on sturdy strings or repurpose a room divider. How to Create a Gallery Wall at Home

With a dash of décor, some elements of nature, and your own personal design touch, you’ll create the outdoor space you’ve always wanted. No matter how much we love our interior, it’s nice to get outside and breathe some fresh air while still feeling like you’re at home. Get more tips on how to transform your home here:

Landscaping Tips That Can Increase Your Home’s Value

 


­­­­­­Featured Image Source: Getty Images – Image Credit: KatarzynaBialasiewicz

Buyers September 5, 2023

What to Do After Moving Into a New Home

Nothing beats the feeling of buying a new home. You’ve worked hard with your agent to find the right home for you, you’ve worked with the seller to finalize the deal, and you’ve signed all the paperwork to transfer ownership. Congratulations! Everything has led to securing your new home, so now that you’re officially moving, what do you do next? Here’s a quick guide to the move-in process to help you get settled into your new home.

Moving Day

The day you move, you’ll be juggling all kinds of timelines at once. You’re coordinating with movers, arranging for trucks to be picked up and dropped off, and making sure that nothing gets damaged in the process. The best thing you can do on this chaotic but exciting day is to be available. Being on hand at your new home to answer the mover’s questions will help speed up the process.

It helps to have a checklist of your important items to make sure nothing has gotten lost during the moving process. Check these items off one by one as the movers bring them in. Next, you’ll want to confirm that the utilities have been turned on and are ready for use. Check all lights, smoke detectors, appliances, CO2 alarms, your home security system, fire extinguishers, etc. Finally, install new locks and make sure your keys work properly.

 

A Black heterosexual couple sits smiling on the living room floor of their new home after moving in. There are boxes on the hardwood floor around them. The woman jokingly holds a piece of cardboard that arches over the couple imitating a roof over their heads.

Image Source: Getty Images – Image Credit: skynesher

 

What to Do After Moving In

  • Clean and Unpack: Before you start emptying your boxes, it’s a good idea to wipe down the surfaces to keep your items from getting dirty. A full deep cleaning of your home may not be in the cards just yet since there’s still plenty of moving to be done, which inevitably brings more dust and dirt in the house.
  • Childproof and Pet-Safe Home: If you’ve got little ones and/or pets, this is the time to set up their accommodations. Learn more about how to properly childproof your home so your kids can feel like it’s home sweet home from day one. When preparing to house your pets, keep in mind that some cleaning methods are more pet-friendly than others.
  • Setup and Organize: Now it’s time to get everything in its right place. Organize room by room, storing items in logical places where you won’t forget them as soon as they’re stowed away. The first rooms you’ll want to tackle are the bedrooms, bathrooms, and kitchen. These are the rooms you’ll need the most during the first few days in your new home, so having them put together will better position you to tackle the rest of the house. Getting your closets, bathroom cabinets, and kitchen drawers organized from the start will make for a more enjoyable moving process.
  • Update Your Information: You’ll also want to update your address everywhere it’s applicable as soon as possible, consider setting up mail forwarding to ensure you don’t miss any important mail in the meantime.

For more information on the moving process, visit our comprehensive Moving Checklist, available as a interactive webpage and downloadable PDF here:

Moving Checklist

 


­­­­­­Featured Image Source: Getty Images – Image Credit: FreshSplash

SOLD August 31, 2023

SOLD: Homes in Kent, Covington, Seattle

14816 SE 267th Street
Covington, WA 98042

Sold for: $823,000
Listed for: $789,000
Sold for 4.3% over asking

  • Beds: 4
  • Baths: 4
  • Size: 2,900 sqft
  • Days on OneHome: 6

Dream location! Well-designed home tucked on quiet culdesac across from Lk Meridian. Custom built with advanced systems and thoughtful extras for hi performance living & entertaining: Soaring 2story foyer entry, open flr plan, luxury plank flooring, professional Chef’s kitch, 4 skylites, gas frplc, 2 Primary bedrm suites, 4 bths. Kitchen is center stage w/custom cabinets, Dacor double convection ovens, Viking 6 burner gas range/hood with heat lamps, wine cooler & 2 pantries. Main flr Primary suite has luxury spa bath, jetted soaking tub, roll-in shower. Huge 740sqft. garage, wired for generator. All bordered by lush Soos Creek Trail forests, an ideal chance for vacation lifestyle just min. from necessary freeways & shopping centers.

10115 SE 207th Street
Kent, WA 98031

Sold for: $750,000
Listed for: $650,000
Sold for 15.4% over asking

  • Beds: 3
  • Baths: 3
  • Size: 1,620 sqft
  • Days on OneHome: 4

Stunning MidCenturyModern daylite rambler in exceptional private setting. Custom designed/built one-owner home, enchanting woodland lot, refined spaces w/top quality MCM finishes in pristine condition. Great floor plan! Formal liv rm, updated quartz & tile kitch w/family rm, 3 firplc, lots of windows & glass doors open to light, sky & the great outdoors, views from every room. Big deck for entertaining, updated privt bath off Primary bedrm. Walk-out basmt is a clear slate for finishing your way: 4th bath plumbed, more bedrms, recrm, etc. Huge workshop w/sep entry is already there. All this space, peace & quiet just min. to freeways, shops, Kent Station, SeaTac Airport, & more. A rare chance to own a uniquely personal, distinctive estate.

Helped Buyer Get Under Contract

5239 39th Avenue S #B
Seattle, WA 98118

Sold for: $899,000

  • Beds: 3
  • Baths: 3
  • Size: 1,550 sqft
  • Days on OneHome: 27

Lovely stand-alone townhome with no shared walls, close to the heart of Columbia City w/all the shopping, restaurants, and library walking distance. Looks over lush greenery of city owned land. Lots of privacy between the 3 lg bdrms, each w/their own baths plus half bath on main floor, and a stunning open kitchen and dining area w/lots of natural light from the large windows. Enjoy the outdoors on all three floors w/2 decks and patio area. One car garage with some storage. Built-Green 4 Star & Energy Star Certified by 3rd party verifier

Real Estate News & Information August 29, 2023

New Blog: U.S. Home Prices and Housing Affordability in 2023

Windermere Chief Economist Matthew Gardner gives an updated look at U.S. home prices and housing affordability in 2023 by examining two key second-quarter reports from ATTOM Data Solutions and the National Association of Home Builders (NAHB).

This video is the latest in our Monday with Matthew series with Windermere Chief Economist Matthew Gardner. Each month, he analyzes the most up-to-date U.S. housing data to keep you well-informed about what’s going on in the real estate market.

U.S. Home Prices 2023

Hello there, I’m Windermere Real Estate’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. Today we are going to look at home prices and housing affordability. To do this I will be looking at the second quarter sales price data from ATTOM Data Solutions and we will also look at the just released National Association of Home Builders Housing Opportunity Index for the second quarter.

Are home prices dropping?

Starting with the year-over-year change in sale prices at the state level, there aren’t any great surprises. For the past several months I’ve been saying that as the Western U.S. saw the greatest price growth during the pandemic, so it’s not surprising to see most states sale prices in the quarter below the level seen a year ago. But it was pleasing to see that sale prices in 36 states either matched the level seen a year ago or were higher, and in some instances quite significantly so.

U.S. Home Sale Prices 2023 By State

And when we compare second quarter sale prices to their 2022 peaks, 33 states are at or above the highs seen last year, but most of the Western States have yet to fully recover. In the South, Louisiana is still lagging by a good amount, as is New York State on the East Coast.

But as you are all very aware, all markets are different. I thought it would be interesting to dig a little deeper into the data to see which metro markets have seen significant gains over the past 12 months. It’s going to be interesting specifically because of the fact that mortgage rates have risen so much.

Metro Areas: Home Sale Prices 2023

These are markets where sale prices are far above their 2022 peak sale prices. Now I must add that I only looked at markets where more than 1,000 transactions occurred in the last quarter, which takes out some of the volatility. Notably, even though the state of Virginia’s home prices in the quarter were flat when compared to their 2022 peak, the Roanoke market was up by over 9%. And in Pennsylvania, where state prices were only 1.2% above their 2022 peak, Reading is up by 7.6% and York by 7.4%. And in Georgia, where state sale prices were up a modest 1.6%, homes in Macon have leapt by over 13% and prices are up by 6.9% in Savannah.

But, on the other end of the spectrum, there are markets which are underperforming their respective states and, unsurprisingly, California tops the list with three of their metros seeing prices significantly below that of the state as a whole. In other parts of the country, several metro areas which were relatively affordable before the pandemic saw an influx of remote workers and this led prices to skyrocket, and these will take some time to recover. This is particularly true in the Austin and Boise market areas.

I would add that, of the counties across the country where there were more than 1,000 transactions in the second quarter, half have met or exceeded their prior peak and—of the half where sale prices were still lower—the average shortfall is only around 4% and there are just seven counties in the country where sale prices are down by more than 10% from their 2022 peaks.

Now, what I see in the data is that the U.S. housing market, although certainly not fully healed, is headed in the right direction even when faced with mortgage rates that remain remarkably high. So, with sale prices recovering and still faced with stubbornly high financing costs, what does affordability look like?

U.S. Housing Affordability 2023

Well, according to the National Association of Homebuilders (NAHB), of the 241 metros that they track, just 40.5% of sales in the second quarter were affordable to households making the area’s median income—that’s the second lowest share of sales seen since they started generating this dataset a decade ago. Now, their data does go back to 2004, but the interest rate series that they used to use was discontinued, so it’s not accurate to compare their data today with anything before 2012.

Most Affordable U.S. Housing Markets

These were the most affordable markets in the second quarter and their locations should not be of any great surprise. Average sale prices in these markets were measured around $203,000—that’s just marginally above 50% of the national sale price in the quarter, which was $402,600.

Least Affordable U.S. Housing Markets

And unfortunately this should not surprise you either. On the other end of the spectrum, the top-10 least affordable housing markets were all in California, but it gets worse than that. The top 15 least affordable markets again, all in California, and 19 out of the top 25 were in the Golden State!

As far as I can see, the ownership housing market is still showing remarkable resiliency, especially given that mortgage rates have more than doubled from their lows and they’ve risen from 4.8% at the start of the second quarter of last year to 7% at the end of the second quarter of 2023.

Now, I still expect to see rates starting to slowly move lower as we go through the second half of the year. This will help with prices and, to a degree, affordability, but until we see a significant increase in the number of homes listed for sale, the market is going to remain unbalanced.

As always, I’d love to hear your thoughts on this subject so feel free to leave your comments below. Until next month, stay safe out there and I’ll see you soon. Bye now.

To see the latest real estate market data for your area, visit our quarterly Market Updates page.

 


About Matthew Gardner

As Chief Economist for Windermere Real Estate, Matthew Gardner is responsible for analyzing and interpreting economic data and its impact on the real estate market on both a local and national level. Matthew has over 30 years of professional experience both in the U.S. and U.K.

In addition to his day-to-day responsibilities, Matthew sits on the Washington State Governors Council of Economic Advisors; chairs the Board of Trustees at the Washington Center for Real Estate Research at the University of Washington; and is an Advisory Board Member at the Runstad Center for Real Estate Studies at the University of Washington where he also lectures in real estate economics.

Sellers August 24, 2023

Understanding Contingent Offers: A Seller’s Guide

Whether you’ve listed multiple homes or you’re a first-time home seller, you’ve likely come across the word “contingent” before. Contingent home sales, though very common, aren’t as simple as a real estate transaction without them. With contingencies, there are additional factors at play and added criteria that need to be met for the deal to go through. As a seller, being aware of these offers will help to inform your discussions with your agent once you know it’s time to sell your home.

What is a contingent offer?

Contingent offers in real estate give the buyer or seller the right to back out of the contract if the conditions aren’t met. There are different types of contingencies that determine what must happen for the deal to go through, which means buyers have options. Depending on their situation, whether they are selling their current home while making an offer on yours, unsure whether they can secure the right financing, or want to wait for the results of the home inspection before finalizing their offer, they’ll explore contingencies with their real estate agent as they build their offer.

This may feel a bit like buyers want to have their cake and eat it too, but every homeowner can understand the desire to protect their investment before fully diving in. In a seller’s market, there are fewer homes available, which means buyers will do whatever they can to make their offer stand out. Because sellers have the leverage in these market conditions, you’ll often see buyers waiving their contingencies. Talk to your agent for more information about the local market conditions in which you’re selling.

Should I accept a contingent offer on my house?

Each home sale is different, and each seller has a unique story. What you’re looking for in an offer may be different from what someone else in your neighborhood is looking for when selling their home. It all depends on your circumstances, your timeline, your next steps, and your local market conditions. The extra stipulations in a contingent offer require the attention of an experienced real estate agent who can interpret what they mean for you as you head into negotiations.

How often do contingent offers fall through?

Contingent offers can fall through more often than non-contingent ones, but there’s no general rule of thumb. Whether a sellers and buyer are able to agree on the terms of a deal is a case-by-case situation. Different contingencies may carry different weight among certain sellers, and local market conditions usually play a significant role. For up-to-date information about your local market, visit the Market News category of our blog.

 

A young heterosexual interracial couple shake hands with their real estate agent in an office as they accept a contingent offer for their home.

Image Source: Getty Images – Image Credit: jacoblund

 

Pros and Cons of Contingent Offers for Sellers

Pros: Accepting a contingent offer means you don’t have to take your home off the market quite yet, since the conditions of the deal haven’t been met. If the buyer backs out of the deal, you can sell without having to re-list. In certain cases, some buyers may be willing to pay extra to have their contingent offer met.

Cons: Home sales with contingent offers are usually slower than those without. It takes time to satisfy a buyer’s contingencies and additional time to communicate that they have been met. And of course, there’s always the risk that the deal could fall through.

As always, trust your agent for guidance when facing contingent offers. Connect with a local Windermere Real Estate agent today:

 


­­­­­­Featured Image Source: Getty Images – Image Credit: RyanJLane

Design August 22, 2023

How to Design Small Spaces at Home

The truth is, the average size of apartments in the U.S. is shrinking, and studio and one-bedroom apartments are becoming more prevalent (rentcafe.com). This means knowing how to design for small spaces has never been more important. Whether you’re not quite ready to purchase a home or you’re looking to downsize, the creative possibilities are endless for maximizing square footage at home without sacrificing comfort or style. Let’s dive into some of the ways you can transform your home by making the most of your space.

Small Space Design Ideas

Multifunctional Furniture

All your essential items have to go somewhere, but how do you find a right place for everything without taking away from the rest of your home? Multifunctional furniture can be a lifeline for finding storage space without cluttering your home. Explore ottomans that have compartments to stow blankets, magazines, and other living room items. Folding desks can also ease the burden of storage without getting messy. Thanks to items like these, you can avoid investing in an outside storage unit just because you have limited square footage at home.

 

A living room with minimal decorations that show how to design a small space, with elements of multifunctional design throughout the open living room including a multi-purpose couch and a convertible shelving unit.

Image Source: Getty Images – Image Credit: KatarzynaBialasiewicz

 

Maximize Vertical Space

Fortunately, there’s more space available to you than the floor surface area of your home. Storage can be arranged vertically with items like hanging shelves and drawers. This can be especially helpful in the kitchen, where getting items up and away from the more cluttered areas within reach will clear counter space and make the space feel more open and inviting. Wall-mounted magnetic strips for knives and hanging racks for pots and pans can clear significant space.

 

A White woman with short greying hair reaches for kitchen items on her open shelves above her countertops.

Image Source: Getty Images – Image Credit: enigma_images

 

Embrace Minimalism

When you move into a smaller space, you’ll be faced with a question: what do I really need? With only so much room available, this is the perfect opportunity for an exercise in minimalism. Paring down your possessions will reduce clutter and make the smaller spaces in your home feel roomier. Consider purchasing a bed with built-in storage drawers, which can eliminate the need for a bulky dresser in the bedroom. Get creative with floating shelves to lessen the need for large bookshelves and credenzas. Though these are common furnishings, they take up space and tend to dominate smaller rooms.

 

An airy and minimalist living room with a small coffee table and hardwood floors with neutral color palette of cream, taupe, and blue shows how to design a small corner that looks lived in and stylish.

Image Source: Getty Images – Image Credit: Aleksandra Zlatkovic

 

With a touch of creativity, you can transform your home’s interior while maximizing your square footage, and most importantly, making your home feel more like you. For more tips on remodeling and more, visit the Living category of our blog:

Windermere Blog | Living

 


­­­­­­Featured Image Source: Getty Images – Image Credit: xavierarnau

Sellers August 17, 2023

Should I Sell My House Now?

The selling process is an emotional one. Fortunately, you’ll have an agent by your side from list to closing to help you take things one step at a time. A real estate agent’s expertise ranges far and wide, but as you prepare to sell your home, it helps to know that you can trust your agent to get the timing of the sale right. Let’s explore some of the ways that your agent will help you make the decision to sell your home.

Should I sell my house?

We’ve all heard the adage “location, location, location” as it applies to buying a home, but it also factors into selling a home. Your location will determine your local market conditions, which, in turn, will form your approach to selling your home. Real estate agents have their finger on the pulse of market trends and property values, which gives them in-depth insight into the housing environment around you. They’ll use their access to the Multiple Listing Service (MLS) to perform a thorough Comparative Market Analysis (CMA) of your home to make sure you get the best price while factoring in your local market conditions.

Economic changes also play a role in the timing of your home sale. Mortgage rates, inflation, etc. are often in flux, and these changes can affect how buyers are approaching the market. Your agent will be able to offer insight into how the current economic conditions are influencing the housing market. For more information on this intersection between the economy and the housing market, plus up-to-date analyses of local market conditions in your area, visit the Market News section of our blog.

Best Time to Sell Your Home

Another tool in a listing agent’s toolkit is their knowledge of seasonality. Seasonal fluctuations in the housing market can influence your selling strategy, and your agent knows how these changes throughout the year affect your local housing market. For example, buying activity may dip locally in the winter. In this case, you could spend the winter getting your home ready to sell by spring by investing in high ROI home renovations and landscaping projects to improve curb appeal.

Real Estate Agent Networking

Your agent’s ability to access and analyze information will be a huge help in determining when to hit the market, but their relationships are equally important in getting your home sold to the right buyer. Real estate agents have strong connections to all the important people in the home selling process. Their network will help to facilitate the sale of your home once you’ve decided it’s the right time to sell. It takes a village to cross the finish line, and your real estate agent will help you connect with all the role players it will take to get there.

To learn more about selling your home, connect with a local Windermere Real Estate agent:

 


­­­­­­Featured Image Source: Getty Images – Image Credit: andresr

Design August 15, 2023

DIY Nursery Décor: 5 Tips for Renters

Prepping for parenthood? There are so many exciting changes on the horizon, but one change you’ll need to make at home is making sure you have a nursery all set up for your little one. As a renter, you may not have a ton of extra space to work with and you may also be limited by how many aesthetic changes you can make, but with the right guidance and a little creativity, your DIY nursery décor efforts can soar.

Nursery Preparation

Before you get into the design details, you need to choose a location for your nursery. Ideally, it will be close enough to your bedroom that you can quickly give your newborn the attention they need. To properly childproof your home, remove all unnecessary items from the nursery. Properly decluttering the area will help you prioritize safety. For more tips on childproofing your home, visit the U.S. Consumer Product Safety Commission online: Childproofing Tips – CPSC

DIY Nursery Décor

1. Creative Storage Ideas

As a renter, you’ve likely gotten practice maximizing space at home. Storage in the nursery will help to keep everything tidy while making sure that the things you and your child needs are never too far away. Floating shelves and wall-mounted organizers are two popular choices for making the most of vertical space. Be sure to check your lease and talk to your landlord before drilling into the walls to prevent permanent damage. Keep all toys, diapers, and baby-related accessories in easily reachable baskets, stored either underneath the bed or in the closet.

2. Nursery Color Palette

Let your imagination run wild with color design ideas for painting and decorating. Add splashes of colors in the window curtains, pillows, bedding, carpeting, and other accessory items throughout the room. You can also consider removable wallpaper to refresh the room. If you are decide to re-paint, use an indoor paint calculator to determine how much paint you’ll need and to cut down on wasted material.

3. Light and Dark

Finding the right lighting for your home is a room-by-room journey. The kitchen, for example, has different lighting needs than your cozy reading nook. Your nursery is a unique area when it comes to proper lighting. To create a calm atmosphere, choose soft, warm-temperature lamps with dimmers. This allows you to adjust the lighting levels to fit the time of day (or night). Less harsh light is easier on a newborn’s eyes and can make for less of a headache when you’re waking up multiple times a night. Babies also need lots of rest, so it’s important to install heavy curtains that block out sunlight and allow your little one to drift into deep sleep.

4. Bring Nature Indoors

Incorporating nature at home has aesthetic benefits, of course, but it’s also good for your health. Using organic materials, house plants, and earthy accessories can help you breathe easier and lower your stress levels at home. Consider adding small potted plants along the windowsill, installing a mobile with a touch of nature, or even incorporating a small water feature in the room to encourage serenity. A nature-infused nursery will help you relax your mind so you can take each at-home parenting step in stride. To further align your nursery’s design with the rest of your home, learn about which house plants match with different interior design styles.

5. Create a Gallery Wall

You’ll create many memories in your nursery. Who knows? It could be the room where your child takes their first steps or utters their first word. Use wall space creatively by creating a gallery wall with adhesive strips to minimize damage to the walls. You can add personal photos and keep track of special memories made with your family at home. Consider a corkboard or magnetic whiteboard to pin up new memories in sight as well.

For more info on home décor, remodeling tips and more, visit the Design category of our blog:

Windermere Blog – Design

 


­­­­­­Featured Image Source: Getty Images – Image Credit: Eva-Katalin