Making a List and Checking It Twice…
Have you ever thought of writing a real estate new year’s resolutions list? New Year’s Day is weeks away and most likely most of us are looking back at our year and deciding what goes on our 2016 New Year’s resolutions list. But as a homeowner or potential homeowner, you should also jot down some real estate new year’s resolutions. It’s a good idea to get your real estate ‘house’ in order. Not to mention you can’t get to where you want to go if you don’t make a decision to get there. So on that note, here are five good real estate new year’s resolutions that can help you manifest your home owners’ goals more quickly.
Jot down all five of these practical and some more enjoyable tips onto your New Year’s resolutions list for 2016 so you can see all your homeowners dreams realized this year.
- Annual Property Tax Assessment
This resolution can set you on a better financial path in the future. Maybe you are saving for a better home or want to make upgrades to your current home. Every little bit saved helps. So, if you are a homeowner and your home appraisal value has dropped even by a smidge this year, you be able to pay less for property tax by contesting your property tax assessment. Many realtors will even issue an annual reminder to clients to remind them to review their property tax. You may also not be aware that if you do discover that your property tax is too high vs. the current value, you may request a hearing date within a limited time frame. Call me for more information on this. Bottom line: put this on your must-do’s for 2016.
- Home Owner Insurance Discount
Now, still on the financial goals side of things…Did you make any major repairs or upgrades to your home this year? If so you may be able reap the benefits of this even if you don’t plan on listing the home for sale. Major repairs or improvements that you made to your home last year may qualify you for a discount on this year’s home owner’s insurance coverage. Be willing to do a little research and prove the costs of the repairs but this resolution can be well worth the effort. Don’t forget this one your list. Home owner’s insurance discount, resolution #2, 2016.
- Upgrades… Finally
Resolution #2 flows very nicely into this resolution which is… Resolve to make those “put off” home owner upgrades finally this year. As you can see, even if you don’t sell, it may definitely pay off in the way of discounts. But if you are planning to sell, do it now. Don’t wait until the last minute. Kitchens and bathrooms are the areas that will pay off most in the sale so be willing to make the investment. Granite countertops, spa showers and pedestal tubs. A 2014 article in U.S, News Money & World Report says there are definitely home improvements that will boost your home sale:
As the saying goes, “You don’t get a second chance to make a first impression.” When people drive up and first see your house, you want them to think of it immediately as a home that has been maintained and well cared for. “It’s you putting your best foot forward,” says Christy Biberich, owner of Christy B. Design in Los Angeles who appears on the HGTV show “Brother Vs. Brother.” “We do judge a book by its cover.”
- De-Clutter, De-Stress
Maybe you have no plans on selling just yet or perhaps you have even just moved in – whatever the reason, a cluttered home is not a happy home. Your home is supposed to be a sanctuary away from the hectic outside world so treat it as such. A blog on Luxury Simplified suggests starting with the most clutter-prone areas like closets. Says the writer:
Empty closets. These are the graveyards for all the belongings homeowners don’t know what to do with. Spacious closets are a coveted feature among buyers. Make yours appear larger by being uncluttered and well organized.
- Find a Real Estate Pro
As with any high stakes endeavor, a coach or mentor can determine success. So if you know that your dream home is your next goal but it’s a full one year away, use this time now, effectively. Research. Seek out your best team, now. A realtor can make all the difference between buying your dream home and simply buying any old house in price range. And to that I would say, look around your neighborhood. Look at potential dream homes. Go to open houses at home that you have deemed “dream homes” so you can decide if these houses are actually living up to the idea in your mind. Then find a real estate professional while you have the time to interview and decide. A top real estate agent can make all the difference!
- Find Your New Dream Home
A home is more than just a front door, a living room and a few bedrooms and bathrooms. There are several factors that can boost a home’s potential: different designs, commuting and proximity to local highways, luxury location, lot size, taxes, interior dimensions, façade and curb appeal. Take the time if you are so privileged to do so. Put “finding your dream home” on your resolutions list now and then take your time and search thoroughly.
Lastly from all of us at Lydia Gable Realty Group, a happy and safe holiday to all. My wish for you in 2016: All of your home owner new year’s resolutions come true and that all your dreams are realized right where you are – happy at heart and happy at home.