How to Increase Your Property’s Value – Infographic

Your property is a long-term investment and one day, you want to release the equity in it.

We can be drawn into thinking that every improvement and renovation we make to our property will add value, increasing the profit we will eventually make on our home.

But, are you making the right changes? Are you doing too much and out-pricing your property from the local market?

Making the Right Renovation Choices

Trends come and go but it is important that you add the right value in the right places when it comes to property renovation, as the infographic explains further.

The one statistic that is on every buyers mind is the Energy Performance Certificate (EPC) rating for the property. If it is near the top of the scale – from A to D – the property should be cheap to heat as it is well-insulated.

Anything lower than a D rating can make for an expensive house to heat. If your EPC rating is low, consider adding value by updating not only the insulation of the property but the type of heating system too.

Underfloor heating costs less to install and run that most traditional heating systems. Coupled with additional insulation measures, your home will be tasty warm and an attractive purchase for potential buyers.

What Else Adds Value?

From a new kitchen to a modern bathroom, there are many changes you can make to your home to add value. Find out more with this fantastic infographic from Balustrade Components.

How Can You Increase Your Households Value

4 Neighborhood Perks To Look For When Home Shopping

4 Neighborhood Perks To Look For When Home Shopping

When buyers are looking for a new home, they must consider many different issues, including price, size, and convenience to work, taxes and a host of other concerns. The neighborhood in which the home is located is another important factor to consider, because it not only influences how comfortable you will be in your new location; it also affects your home’s value in the future.

1 – Convenient Transportation

Convenient access to transportation is one of the top features of a desirable neighborhood. Communities that are close to major highways, provide commuter trains to nearby cities and those that provide local public transportation ensure that residents can get to jobs, shopping and community activities easily.

2 – Park And Preserve Areas

Attractive parks and natural preserved areas always increase the value of homes that are in the area. These settings are important for children’s activities and for family enjoyment, but also singles that enjoy being outdoors, cycling, running and engaging in sports. Many park districts also offer lessons and programs for people of all ages. Some park districts offer swimming pools, tennis courts, basketball courts or fields for ball games. These amenities help to make a community a vibrant place where people get together, play together and socialize.

3 – Neighborhood Festivals And Events

Another perk that helps to promote community enjoyment and increase home values is organized festivals and other community events. Communities may celebrate their history or the founders of the town, which gives an area a strong sense of identity and continuity. Other places celebrate national holidays and other topics. These events provide a central place where residents can meet and get to know each other, as well as to attract public interest in the community as a whole.

4 – Convenient Shopping Venues

The community should have one or more local shopping areas for purchasing food, clothing and home care items. These stores are the most frequently visited venues that will save time and gasoline expense if they are located in close proximity to residential communities. This convenience is important to homeowners now and will continue to be of interest in the future.

Homes that are located in areas with these features tend to be popular with buyers, which increases their value over time. These properties are a good investment for families. Work with a real estate agent, like those at Berkshire Hathaway HomeServices PenFed Realty, to find the perfect spot for your family. Carefully research the amenities in the area where you are considering a purchase, and find the desirable features that will keep neighborhood home values high.

Moving in with Mates: How to Break All the Myths and Truths

Moving in with Mates: How to Break All the Myths and Truths

Renting a house/apartment with one or several friends is a great way to save money and enjoy the company of other people. However, while this step is rather common during college and after high school, it’s rarely considered a long-term arrangement. As soon as one roommate gets married or is able to afford their own place, they go their separate ways. What if there’s no marriage in sight and the financial prospects of each individual involved are not enough to get their own property? Well, if the present roommate situation works, and you get along well, buying a house with your friend(s) can be a smart investment. Before you make that big move, you need to be aware of some things.

The Pros of Buying a House with Your Friends       

We’ve already mentioned some of the reasons people make this decision. The financial benefits are obvious. A joint property means that you’ll share all the costs including the deposit, transaction costs, mortgage payments, decoration, maintenance, monthly payments, repairs and household bills. Due to high prices on the housing market, many people don’t even consider purchasing a house. Joint ownership can be a useful solution for two families who could, in that way, afford a bigger property.

Agreeing on the Things that Matter

Agreeing on the Things that Matter

When the ownership status is regulated properly (each tenant can own different shares of the property and tenants can choose to leave their shares in a will or sell them, etc.), owning a property with a friend can save you a lot of trouble. It’s important to agree on things that can largely impact your co-habitation, especially money-related issues. That can include setting up a joint bank account for paying the mortgage or any other agreed shared expenses. A household rulebook is also a crucial point of discussion. You need to be very clear on the rules regarding guests, partners, pets, smoking, etc.

Starting from Scratch

Different people have different needs. Finding a property to meet the needs of one person (with or without a family) is hard. Finding a property that will suit two different people is next to impossible. If that’s the case for you and your friend, building your own home may be a better idea. This way you will be able to make everything just the way you like it from the ground up. The design can be adapted to provide you both with the privacy you need in order to lead independent lives. According to custom home builders from Brisbane your home can be built to individual specifications, but it can also be changed during the building process, so you can follow the construction and make decisions that will make cohabitation easier.

Consistency in Décor

Consistency in Décor

Congratulations, you’ve bought/built your own property. Once the moving in process begins, you will need to decorate the place. Much like with the very design, it is difficult to choose one décor style that suits different persons. Of course, your bedroom, bathroom and other personal spaces should be off limits to the other tenant, and vice versa. If there is a common area, it should be decorated in a neutral manner, except if both tenants agree on one specific style. Although you and the other tenant will decorate your own spaces based on your preferences, keep in mind that there should still be a certain consistency in décor, so try to settle on one color palette or design era.

A Trial Period

A Trial Period

You and your best friend get along great. You love spending time with each other, drinking coffee and hanging out in a cocktail bar. That seems as a great foundation for buying a house together, right? Wrong. If you have never before tried to live together you can’t be sure that your relationship will remain just as ideal. Maybe you’ll hate that your friend is smoking in the morning, or they will dislike your early bird habits. Maybe one of you is irresponsible with money. There are too many maybes to count. That is why it is better to have a trial period of renting a place, before going down the more permanent road.

Buying a house with your friend(s) can be a great decision, both financially and when it comes to social life. Still, there’s the danger of losing both a friend and an investment, so be very careful.

Don’t Buy a Home Without Reading This [Infographic]

Buying a house is likely to be the biggest financial commitment that you will make for your entire life and, while the experience can be both exciting and nerve-wracking, it’s important to get it right in order to avoid excessive extra costs in the future.

And when it’s your first time buying a home, it can be a little overwhelming with lots of unknowns, legal wranglings and lists of things to do in order to get the keys to your first home.

Luckily, when you’re ready to make your first move, we’ve got this extremely thorough infographic created by Legendary Home Services to walk you through the must-do’s of your first purchase.

First-Time-Home-Buyer

Stand Out: 3 Landscaping Strategies To Make Your Curb Appeal Pop

Stand Out: 3 Landscaping Strategies To Make Your Curb Appeal Pop

Real estate professionals know the importance of “curb appeal” for residential properties. They know that when a home looks attractive and inviting, they’re more likely to attract serious buyers. You can make your home a showplace by adding simple landscaping that adds value to your home and makes it look welcoming and well maintained. Here are a few suggestions that increase curb appeal and help make your home more desirable when you’re ready to sell it:

1 – Ornamental Trees For Your Entryway

Stand at the sidewalk outside your house and take a careful look at the entryway. Consider how an ornamental tree at your entryway would help to balance the visual aspect of your home and create a more tailored look to your property. A slim evergreen can provide more vertical design for the front of your home. If you need more horizontal balance for a tall home, try a rounded, flowering ornamental tree. Dwarf spruce, cypress, crepe myrtle, dogwood and Japanese maple are often used at entryways.

2 – Update Plants On Your Property

One of the easiest ways to improve your home’s curb appeal is to add flowering plants with colorful blooms. You can plant a variety of flowers in curved beds, either in a single color or bold, contrasting colors, such as red and white. Flowering plants can also be hung in baskets on porches to give the entryway an old-fashioned, homey atmosphere. Pansies, marigolds, zinnias, begonias and petunias are good plants for this use. Foundation plants are those that are planted close to the foundation of your home to cover the cement and add more elements to the visual design. These plants are often evergreen types that are easy to maintain and provide both color and texture to your home’s exterior. Boxwood, holly, yew, hydrangea or azalea are commonly used for this purpose.

3 – Add Some Fencing

Another way to enhance the curb appeal of your property is to add a fence that separates the property from sidewalk traffic or close neighbors. You can choose from a variety of materials, colors and style to suit your home’s design. Vinyl fencing, such as the type found at Family Fence Company, allows you to add this important feature to your home at an affordable price.

Homeowners can update the front of their homes in a number of ways that make it look either more tailored or casually welcoming. Many of these measures are generally easy to do, but they make a big impact on your home’s exterior appearance.