Avoiding the Pitfalls of Home Addition Construction

When dissatisfaction with your current home strikes, it can be exciting to launch into a plan for a new addition. A new living room, bedroom, or more can add value to your home while improving your quality of life.

On the other hand, even a modest addition can turn into a major construction project, with architects and contractors to manage, construction workers traipsing through your home, hammers pounding, and sawdust everywhere. And although new additions can be a very good investment, the cost-per-square-foot is typically more than building a new home, and much more than buying a larger existing home.

Define your needs

To determine if an addition makes sense for your particular situation, start by defining exactly what it is you want and need. By focusing on core needs, you won’t get carried away with a wish list that can push the project out of reach financially.

If it’s a matter of needing more space, be specific. For example, instead of just jotting down “more kitchen space,” figure out just how much more space is going to make the difference, e.g., “150 square feet of floor space and six additional feet of counter space.”

If the addition will be for aging parents, consult with their doctors or an age-in-place expert to define exactly what they’ll require for living conditions, both now and over the next five to ten years.

Types of additions

Bump-out addition—“Bumping out” one or more walls to make a first-floor room slightly larger is something most homeowners think about at one time or another. However, when you consider the work required, and the limited amount of space created, it often figures to be one of your most expensive approaches.

First-floor addition—Adding a whole new room (or rooms) to the first floor of your home is one of the most common ways to add a family room, apartment or sunroom. But this approach can also take away yard space.

Dormer addition—For homes with steep rooflines, adding an upper floor dormer may be all that’s needed to transform an awkward space with limited headroom. The cost is affordable and, when done well, a dormer can also improve the curb-appeal of your house.

Second-story addition—For homes without an upper floor, adding a second story can double the size of the house without reducing surrounding yard space.

Garage addition—Building above the garage is ideal for a space that requires more privacy, such as a rentable apartment, a teen’s bedroom, guest bedroom, guest quarters, or a family bonus room.

Permits required

You’ll need a building permit to construct an addition—which will require professional blueprints. Your local building department will not only want to make sure that the addition adheres to the latest building codes, but also ensure it isn’t too tall for the neighborhood or positioned too close to the property line. Some building departments will also want to ask your neighbors for their input before giving you the go-ahead.

Requirements for a legal apartment

While the idea of having a renter that provides an additional stream of revenue may be enticing, the realities of building and renting a legal add-on apartment can be sobering. Among the things you’ll need to consider:

  • Special permitting—Some communities don’t like the idea of “mother-in-law” units and therefore have regulations against it or zone-approval requirements.
  • Separate utilities—In many cities, you can’t charge a tenant for heat, electricity, and water unless utilities are separated from the rest of the house (and separately controlled by the tenant).
  • ADU Requirements—When building an “accessory dwelling unit” (the formal name for a second dwelling located on a property where a primary residence already exists), building codes often contain special requirements regarding emergency exists, windows, ceiling height, off-street parking spaces, the location of main entrances, the number of bedrooms, and more.

In addition, renters have special rights while landlords have added responsibilities. You’ll need to learn those rights and responsibilities and be prepared to adhere to them.

Average costs

The cost to construct an addition depends on a wide variety of factors, such as the quality of materials used, the laborers doing the work, the type of addition and its size, the age of your house and its current condition. For ballpark purposes, however, you can figure on spending about $200 per square foot if your home is located in a more expensive real estate area or about $100 per foot in a lower-priced market.

You might be wondering how much of that money your efforts might return if you were to sell the home a couple years later? The answer to that question depends on the aforementioned details, but the average “recoup” rate for a family room addition is typically more than 80 percent.

The bottom line

While you should certainly research the existing-home marketplace before hiring an architect to map out the plans, building an addition onto your current home can be a great way to expand your living quarters, customize your home, and remain in the same neighborhood.

Posted on April 18, 2019 at 8:00 am
Jon Holsten | Category: Home Maintenance, Housing Trends, Windermere Real Estate | Tagged , , , , , ,

What You Need to Know About the US Luxury Housing Market

Luxury homes sales across the U.S. continue to perform strongly, but I’m noticing some headwinds starting to appear that are worthy of a closer look.

It’s often thought that luxury real estate runs totally independent of the overall market, and while this is true in some respects, there are definitely correlations between high-end housing and the rest of the market.

The first similarity is that the luxury market has suffered from some the same inventory constraints that are almost endemic across all price points in the U.S. But, similar to the overall market, we are starting to see a rise in inventory, which should be good news for real estate agents and luxury home buyers alike.

Impact of rising inventory 

This increase in the number of luxury homes for sale has started to have a tapering effect on price growth, which again, is similar to what we’re seeing in the rest of the market. But as real estate professionals, we know full well that all housing is local and some markets are performing far better than others.

For example, luxury markets in Maui, Northern California, Colorado, and Sarasota, Florida, are all experiencing substantial price growth, while there are noticeable slowdowns in many parts of New York and New Jersey. Even Queens and Jersey City, which have continued to benefit from high demand, have seen price growth stall recently, indicating that those markets could be losing some steam.

Why the slowdown? 

The slowing of luxury sales in certain areas around the country piqued my interest, so I decided to explore why this is happening. The first thing I noticed is that cities with high property taxes are fairly prevalent on the list of slowing markets; this includes cities like Boston, Austin, New York City, and Chicago. It is likely that the federal tax changes limiting the deductibility of property taxes are the culprit for such slowdowns in these areas.

Something else that has undoubtedly impacted luxury home sales in markets, such as New York City and Seattle, is the significant decline in foreign buyers from countries like China and Canada. According to the National Association of Realtors, the number of purchases by international buyers fell by 21 percent between 2017 and 2018, amounting to a drop of $32 billion – the largest decline on record.  Foreign buyers spent $121 billion on 266,754 properties, making up 8 percent of the buyers of existing (previously lived in) homes.

My research tells me that foreign home buyers are pulling back amid political uncertainty in the U.S. Ongoing concerns about a potential trade war, combined with rhetoric against foreigners, have done their part to dampen some of the enthusiasm to invest in U.S. housing. Also playing a role in this slowdown is the Chinese Central Government which has started placing tighter controls on the ability to spend money outside of mainland China. And finally, rising home prices and a strong U.S. dollar are likely two other key factors behind the tumbling interest in luxury real estate from overseas buyers.

So how do I see the luxury market performing in 2019?

Luxury real estate sales in markets like Boston, Clearwater, Austin, and Alexandria, Virginia will continue to slow down for the reasons stated earlier, but in other parts of the country, home buyers will provide the demand needed to keep the market plugging along at a healthy pace.

The changes affecting mortgage interest deductions and property taxes will also continue to impact the luxury market in certain areas, but this will, to a degree, be offset by other tax changes that favor high-income households and increase their disposable income. Something else that will help keep the luxury real estate market afloat in the coming year is jumbo mortgage interest rates which remain remarkably competitive compared to historic standards.

On a whole, high-end real estate sales have been strong over the past few years. While I am predicting somewhat of a slowdown next year given the headwinds discussed earlier, 2019 will be remembered as a year where balance started to return to the luxury housing market.

 

Mr. Gardner is the Chief Economist for Windermere Real Estate, specializing in residential market analysis, commercial/industrial market analysis, financial analysis, and land use and regional economics. 

Posted on April 17, 2019 at 8:00 am
Jon Holsten | Category: Buying, Homes for Sale, Housing Trends, Northern Colorado Real Estate, Windermere Real Estate | Tagged , , , , , ,

Making a Rental Feel Like Home

Stylizing your own home can be a daunting but rewarding challenge. When you own your living space, it’s easy to feel a sense of ownership over every piece of your design. But for renters, the challenge is a bit different. Despite limitations, it’s no less important to one’s well-being for a residence to convey a sense of ownership and self. To make a rental unit feel a bit more like home, we took down a few ways to imbue your abode with your own spirit, without leaving a permanent mark in the space or your wallet.

Storage – Let’s be honest, rentals often lack sufficient storage place, and since custom cabinetry isn’t usually an option for renters, investing in some added storage is key. Add some simple shelves, bookshelves, baskets, or under the bed storage.

Blinds – Vertical blinds may be the ultimate decorating sin. No one likes feeling as if they’re living in a motel room. We suggest you either take them down or hide them under curtains. Just don’t throw them out or you may not get your security deposit back!

Accessorize – Pillows, throws, candles, books, light fixtures… the only way to get a truly genuine space. This is by far the easiest and a MUST.

Wall Art – Those pesky holes might keep you from hanging art or photos on your walls, but when it comes down to it, they’ll only take a few minutes to patch up when it comes time to move out. This doesn’t mean you have to hang an entire art gallery, but hanging one statement piece and placing the rest of the photos on a mantel or shelf should do the trick.

Rugs – Last but not least, rugs: the peanut butter to your rental jelly. If there are scratched hardwood floors or stained carpets, you can cover those up easily with a throw rug. Not only that, a rug is a great investment piece that will add your personal flavor to any space. And they absorb noise and make a room feel comfy.

Posted on September 20, 2018 at 7:25 am
Fort Collins | Posted in BlogHousing Trends | Tagged 
Posted on April 16, 2019 at 8:00 am
Jon Holsten | Category: Home Maintenance, Housing Trends, Windermere Real Estate | Tagged , , , , , , , ,

How Glass Design Can Help Reflect the Best of Your Home

Glass has been a key component of home design for style and function for thousands of years. The versatility of glass is such that nearly every single modern home constructed utilizes glass in some way, shape, or form. But there’s no need to settle for simply including glass window panes and calling it good. Whether it’s in the interior or exterior, accentuating your home with glass is a great way to invite light, show creativity, and convey a truly modern sense of style in your home. We picked a few of our favorite ways to utilize glass below:

 

Glass Furniture

Photo Credit: Trendir.com

  • Glass tables, chairs, bookcases, and more are unique choices that deliver a clear message in your home: you mean business.
  • If you work from home often, a glass table is an excellent accent to add a hint of professionalism to the home office.
  • Glass shelving can be used to keep a space feeling open and light, while still maximizing function.

 

Creative Window Glass

Photo Credit: Freshome.com

  • Whether your climate is arid or humid, snowy or rainy, there’s a glass style that fits your home.
  • Multi-paned glass not only is tougher but provides enough protection from the elements to make it worthy of full-wall usage in some homes.
  • Embracing open glass windows and walls is a great step, but adding glass features throughout a room can help enhance the sense of openness and promote a sense of natural lighting.
  • Stained glass needn’t be the purview of Gothic architecture alone. A well-placed stained glass insert can completely transform the lighting and aesthetic of an otherwise unremarkable interior.

 

 

Glass Accents

Photo Credit: HomeDIT.com

  • A glass table or window is all well and good, but sometimes your space needs more, or has limitations on what can be done.
  • Stepping stones, candle-holders, and light fixtures are just a few ways to use glass in the periphery of your home to shed light and attention onto the parts of your home you’d like focus on.
  • Feeling particularly bold? Glass items with multi-chromatic finishes can shed lights of various colors, delivering just the right vibe for the moment.

 

Sea Glass/Beach Glass

Photo Credit: LovelyGreens.com

  • Whether lakeside in Idaho or on the beach in Santa Monica, the experience of living surrounded by water is unique in all its forms. But a dash of seaside flair can be added to any home.
  • In some cases the best ways to evoke the spirit of waterfront living is with sea glass accents.
  • From a DIY sea glass-filled candle jar to a letterpress tray display of color, or even a faux-stained glass window styling to play with lighting effects, sea glass is a fun accent that can bring a theme all the way home.
Posted on April 12, 2019 at 8:00 am
Jon Holsten | Category: Home Maintenance, Housing Trends, Northern Colorado Real Estate, Windermere Real Estate | Tagged , , , , , ,

Designing the Perfect Home Office to Work From Home In Style

Working from home is an aspiration for many of us, but to do so effectively takes work. A disorganized space at home can be just as troublesome as a hectic office. The most disciplined telecommuters will tell you that you need a structured routine and organization to rise and grind and get into work mode.

Having a designated workspace is quite possibly the most important piece to the work-from-home pie. Even if you live in a small space, you need to find a balance between home and office. People who work from home often have a difficult time separating work hours from their non-work hours because it’s so easy to keep at it late into the night. But maintaining a balance and shutting down the computer is important for overall wellbeing. What are some other must-haves for a successful home office? Here are the top five:

  1. Natural Light – Study upon study tells us that natural light is needed to boost productivity and mood. Make sure to set your desk up as close to a window as you can. If being near a window isn’t an option, a natural light lamp is the next best thing. It helps balance your body clock and leaves you feeling rested and refreshed.
  2. To-Do List or Planner – Start each day off by making a to-do list outlining what you need to get done before the end of the workday. Make sure to set a realistic time frame in which all of that should be completed, so you can check each one off the list and feel immense accomplishment once you’ve completed them all.
  3. Storage – If you have a big enough space, put in a large bookshelf where you can organize everything (think storage boxes). It reduces clutter and looks stylish. Using your walls and cabinetry is the most efficient use of space.
  4. Calendar – Many people tend to rely on digital calendars these days because of their convenience. When all of your devices sync together and pop up with reminders, you never have to worry about missing an appointment. However, many people find that it helps to keep a paper calendar handy too so you can easily view your whole month at a glance.
  5. Space for Inspiration – It doesn’t matter what field you work in, having a source of inspiration in your workspace is essential. Whether it’s a photo of your family, your dream car, or that vacation you’ve been dying to take, having that inspiration right in front of you provides a constant reminder of why you do what you do.
Posted on April 11, 2019 at 8:00 am
Jon Holsten | Category: Fort Collins Real Estate, Home Maintenance, Housing Trends, Northern Colorado Real Estate | Tagged , , , , ,

Just a Dash of Feng Shui

DecorativeFlowers

What is a home if not personalized to those who share its walls? Feng Shui is intended to create a place of peace, balance and harmony for you and yours. You can achieve this type of atmosphere through the things you bring into your home and the way that you stage your environment.

Feng Shui helps enhance your space and deliver positive energy by creating a more comfortable, clutter-free environment, and incorporating the influential elements found in nature. A recent article titled Feng Shui Basics for Home Decorating provides what I consider the simplest definition:“the use and placement of objects and materials to create a harmonious flow of life energy. As such, the design of each room should be based on the people who use it the most.”

To better understand Feng Shui, it is important to know the elements in which it is grounded: Water, Earth, Fire, Metal and Wood. Incorporating these elements into your home can be surprisingly simple, inexpensive, and do-it-yourself.

Element by element, here are some ideas and explanations of Feng Shui for your home:

    • Water: The water element also includes wind. Blues and blacks represent this element, as does integrating a water source in a home, which gives off a presence of refreshing movement. Rock fountains and indoor aquarium tanks are common in Feng Shui-oriented homes.

Using mirrors in your home can be another way to incorporate the water element. The reflective surface of a mirror is similar to the properties given off by a pond or lake. A fashionable mirror can be arguably as attractive as a framed picture, and doubles as being resourceful when you would like to check out your look. Decorating with mirrors can be perfect for a living room space that needs light and enlargement, and a flow of movement.

The living room is typically one of the largest shared spaces of movement in a home, so incorporating a tasteful mirror in this room would be oh-so-appropriate.

    • Earth: “Adding the earth element to your home quarters strengthens feelings of safety and security. The grounding support of earth energy should bring comfort to the soul and tone things down” is how Happy Home Zone describes home decorating with the earth element.

A simple way to add the earth element to your home is by use of color, and earth tones are the most obvious source. But if tans, browns and oranges are not your thing, try a deep red, mossy green or an off shade of white.

You don’t need to paint every wall or replace your furniture. Start small with a cream throw or piece of artwork. Cream is a color that matches almost any other. Earth tones in beiges, brown, tans and off-whites are also aesthetically pleasing accent colors.

Due to the calming, soothing properties earth tones extract, your bedroom would be a perfect place in which to add this element.

    • Fire: Another element you may consider incorporating into your bedroom is fire, due to its association with passion, happiness and love. Keep in mind, however, that fire should be used lightly; in large amounts its passionate properties can give off anger vibes.

An article titled How to Decorate with Earth, Fire, Wind and Water suggests incorporating the fire element through the use of “silks and synthetic fabrics, images of sunrises, geometric abstracts, triangular shapes, animal patterns, the color red and candles”.

Candles are always in style, fit well in nearly any room, and come in a variety of shapes and sizes. They can be inexpensive to buy or a fun Do-It-Yourself craft project. A candle display can work nicely in a bathroom and double as an air freshener.

    • Metal: According to Spiritual Feng Shui.com, “metal is a symbol of wealth and protection. Metals include stainless steel, aluminum, sterling silver, or iron.”

One of the most obvious places to incorporate metal would be in your kitchen. But metal has taken on a new trend outside of kitchen appliances; metal decorations can be used in any room you choose, and can be trendy and tasteful for both men and women. Check out these great precious metals and be inspired!

    • Wood: The wood element represents growth, and can be incorporated through almost any vegetation you choose to bring into your home. Indoor herb gardens or a potted houseplant can enhance your home aesthetically by being decorative and fragrant.

Growing your own edible vegetation can be a profitable experience, saving money on your grocery bill and adding flavor to your food. But if you lack the outdoor space to do it, read how indoor gardens can be accommodating. Indoor gardening is something your entire household can get involved in and enjoy.

Essentially, among other properties, Feng Shui is about balance – balance in your environment for you and for those with whom you who share your space. If Feng Shui is something you are interested in, start by adding a few of these elements into your décor and gradually increase them as you see fit, to find what balances your home best for YOU.

How do you achieve balance in your living space?Brittany Lockwood works in Marketing at Windermere Real Estate. She is the in-house expert on weatherizingyard-sales and interior design. She lives in Seattle in a renovated condo which she enjoys re-arranging and decorating.

Posted on April 10, 2019 at 8:00 am
Jon Holsten | Category: Fort Collins Real Estate, Home Maintenance, Housing Trends, Northern Colorado Real Estate | Tagged , , , , , , , ,

Make the Most of the Home You Have

TableModern

If you have been in your home for a while you may be restless for change. The great part about having a home of your own is you can make improvements and give your home a chance to evolve over time. You just need to help your home live up to its potential!  Here is a top ten list of improvements that will help you make the most of your home.

    1. Find your home’s purpose. Each home is as unique as its owners, so in order to fully utilize your home, consider how you view your home’s purpose. Some people like to entertain, others find it a calm space in the frenzy of daily life; some nurture their families and others nurture their creativity. Your home’s purpose can be any combination of these and more, but it helps to consider the function of your space in order to ultimately find its purpose.
    2. Assemble a list. A list always helps me figure out where to start or prioritize what is the most important project. Think about what you want to change in your home, inspirations, and preferences.
    3. Make an “inspiration board”. An “inspiration board” is a great way to visualize your home’s decor. You can create a board online with a tool like Pinterest to organize ideas you love or you can do it the old fashioned way with a board, magazine cutouts, color swatches, and fabric samples. Doing this will allow you to see all the elements you like in one place so that you can then tie it all together into a room you love.
    4. Create a collection. If you have items that you like to collect, think about how to transform that collection into something you can display. If you don’t already have a collection of loved objects think about what this collection would be for you. You can center a room design around your travel souvenirs, old camera collection, figurines, unique plates, or familial objects. Adding to this collection over time can be a great way to keep your spaces new  while maintaining a personal feel to your decor.
    5. Choose a new palate. Shake up your sensibilities and think of a color that will compliment your room while making a statement. It’s easy to fall into the white/beige standby to keep our rooms neutral, but sometimes a color that provides a contrast to your décor will make the room pop.
    6. Repurpose an old piece of furniture. Instead of replacing your furniture give it a facelift. You can have a sofa or chairs reupholstered or make use of a slip cover. Also, Painting and staining can add new life to your wood pieces.
    7. Rearrange. Moving furniture around is another easy way to reinvent your space. Try placing your sofa on an angle to open up your entertaining room or move your lamps to improve lighting. You can also think about moving a piece of furniture into a room to give it new life, like using a unique dresser for a credenza or a chair as a side table.
    8. Make a room of your own. Find some space in your home that is uniquely yours, whether this is the corner of the guest room or an office of your own. It can be very rewarding to have a space that you can organize to fit your personal needs without the worries of others intruding
    9. Find an inspirational object. Have you ever fallen in love with an object that inspired you to want to completely redo a room to accommodate it? Designing a room around an inspiring object can be a great way to create a space that truly embodies your design sensibility.
    10. Find design motivation. Home design evolves over time and can be sustained by finding items that inspire you. Read magazines and books that inspire your interests in architecture, design, art, etc. Or find stores and flea markets that sell pieces that influence your aesthetic. Or bring a camera with you when you’re doing your favorite activities and bring back memories or inspirations. Most of all have fun!

What inspires your home design?

Posted on March 22, 2019 at 12:00 pm
Fort Collins | Posted in BlogHousing Trends | Tagged 
Posted on April 9, 2019 at 8:00 am
Jon Holsten | Category: Fort Collins Real Estate, Home Maintenance, Northern Colorado Real Estate | Tagged , , , , , , , , ,

Spatially Limited Gardening: The Indoors is the New Outdoors

DecorativeFlower2

It is the official start to the gardening season! For those who have large outdoor spaces, it is the perfect time of year to make a trip to the home and garden store, work in your gardens,  and plant new growth. For those who live in smaller city quarters and whose outdoor space comfortably holds little more than a potted plant, we are forced to be more creative with our green space.

Decorative plants and nurturing vegetation is something that makes my house a home, even if small city living quarters has forced us to learn to take the outdoors- in and work with what space we have. Indoor plants, flowers, and gardens are a pleasing alternative when you do not have the space or the desire to be outdoors. Adding some green to your home can be decorative, fragrant, and even edible.  Planting and nurturing your growth is a fun do-it-yourself project that can be a whole household activity.

Where to start

How will you grow and what supplies will you need? First decide on your method of growing.

Traditional Potted Plants are a great starting point for the non-gardening types. Potting plants is relatively simple, cost efficient, and spatially low maintenance. Check out these ideas for potting and planting in small spaces.

Vertical Gardens break away from the customary terracotta pot. They are both modern and space saving. In a vertical garden you are able to grow a variety of plants, flowers, herbs, and vegetables. They can be practical and decorative inside or out. Learn more about creating your own vertical garden here.

Hydroponic Systems are a soil-free gardening solution that can involve little to no pesticide use. Green Tree’s Hydroponics reports that the growth rate of a hydroponic plant is 30-50 percent faster than that of a soil plant. Here’s what it takes to build your own, however you can also purchase hydroponic systems online.

Terrariums are “making a comeback” according to the New York TimesTerrariums can be uniquely ornamental and perfect for tight spaces that need a hint of green. Check out some samples and get design ideas here.

What growing methods have worked well for you?

What to grow?

That are good to eat …

Herbs: growing edible items can be very rewarding. Herbs are my go-to item to grow inside because they are low maintenance and take up little space. I prefer to pot basil, parsley, chives, thyme, cilantro, and oregano.

Grasses, like wheat grass, are becoming popular to grow indoors and decorate your home with.

Fruits and vegetables tend to take up more space and are more demanding. However tomatoes, peppers, radishes, leaf lettuce, potatoes, and carrots are a few fruits/vegetables that will grow well indoors.

That are good to look at …

 

Several flowers and house plants will flourish and bloom indoors. I enjoy the fragrance of Gardenia and the appeal of a Boston Fern in a hanging basket. However, using a plant encyclopedia will help you find which plant is right for you and your home.

What do you prefer to grow?

Making it look good?

The great part about bringing your garden inside is that it lets you use vegetation as a decoration. Whether you prefer to arrange flowersstring kokedama, or paint a fun plant pot, your vegetation and the way you display it can have an impact to your overall décor. How do you decorate with your vegetation?

Brittany Lockwood works in Marketing at Windermere Real Estate. She is the in-house expert on weatherizing, yard-sales, and interior design.

Posted on April 5, 2019 at 8:00 am
Jon Holsten | Category: Home Maintenance, Landscape, Northern Colorado Real Estate | Tagged , , , , , , ,

Weekend Warrior: Quick Projects to Upgrade Your Home

Memorial Day traditionally represents the kick-off of summer. Kids are getting out of school, families are making summer vacation plans, and backyard barbeques are on everyone’s minds. This is also a great time of the year to get your house in order and ready for the summer season. The following is a handful of ideas and tips to help you with this process.

Outdoor spaces

GardeningGardening– It’s not too late to start your garden! This weekend I will be planting an herb garden; I planted summer vegetables a few weeks ago.  If you’re thinking of doing the same, just make sure you use starts because many summer harvest vegetables won’t start from seed this late in the season.

Outdoor living– My home has an outdoor space with great potential, including a partially covered patio perfect for entertaining. This weekend I plan to upgrade the space with small touches to make it summer party ready. This includes finding outdoor lighting options, updating the seating and cleaning up the barbeque.

BBQ- Make sure your grill is ready to go this season by making sure everything is clean and in working order before you fire it up. In the northwest that includes making sure the fuel lines are spider-web-free. Also, make sure you have propane or charcoal on hand for impromptu dinners.

Clean Windows- Now is a great time to clean your windows, inside and out. Sun shows more dirt and smudges.

Lawn care- Prepare your lawn for the months ahead. Depending on where you live this means different things. Check your sprinkler system to make sure it wasn’t damaged over the winter; upgrade your lawn care to ensure fuller greens, check for and remove moss to prevent dead patches and start your weeding regimen.

Pool prep- If you have an outdoor pool get this ready for a summer season of fun in the sun, (unless you are lucky enough to enjoy your pool year-round). Same goes for hot-tubs. Make sure your equipment has been serviced, chemicals are available and your pool is clean and ready to use. OR, head to the local hardware store and buy your kiddie pool now before they run out, as I learned one particularly hot July!

De-winterize- I once was doused head to toe when we were turning the water back on to our exterior pipes because the pipe had split in the winter- so make sure all your pipes survived the cold, check your winterized projects and prepare your house for summer.  This is also a good time to look around the exterior, checking roof, gutters and siding.

Summerize- Check or replace AC filters, window screens, and household fans to make sure these are all functioning and will help provide maximum circulation in your house. Consider installing an attic fan or vent to help pull heat out of your home all winter long. Pack away excess cold weather items such as heavy blankets, jackets and other items so they aren’t in your way. Same goes for any sundry items you only use during fall and winter.

 

Inside spaces

Lighten the Space- Though I likely won’t spend much time inside once the mercury rises, I want to keep the house as light and cool as possible. I have found that replacing the curtains with a lighter shade lets the light in, but also keeps the rooms from overheating from sun exposure. Summer always makes me want to lighten up with the accessories- lighter colors, more whites, bright accents and less clutter.

Rearrange – Freshen up spaces by rearranging some of your wall art. If you don’t have enough wall pieces to rearrange regularly it may be time to add to your collection. You can find inexpensive original art online at stores such as Etsy or in person at local galleries. You can always play with other items like framed images from books, vintage posters or record albums. Here are some terrific ideas for using what you have to add interest to a room.

SpringCleanupAir it out- Open all the windows, shake out the rugs and update home fragrances to fit summer moods (citrus, freesia, clean linen, coconut, melon, fruits and tropical, etc.). You can create your own diffuser with essential oils to distribute fragrance. This may be more symbolic than practical but it always makes me feel ready for summer.

Paint- If you have a room you really want to refresh, a three-day weekend is a good time to take on a project of scale, so you have plenty of time to prep, paint, dry, and clean up. Painting is one of the least expensive ways to really transform how a room feels. Need help picking colors and paint type? Here is some good advice.

Garage or Basement- Tackle a big space that makes a big difference. Our garages and basements often become year-long dumping grounds for seasonal decorations and clothing, items that don’t fit in cabinets, memorabilia and maintenance tools. Go through your items and sort by keep, throw out and donate/sell and then group your keeps by function. Make sure your tools are accessible for easy gardening and entertaining by making sure your tools are accounted for, ready to go, and easy to reach. Here is a useful video on garage organization.

Yard/Garage Sale- If you have overflow at your house, plan a yard/garage sale to get rid of items you no longer need or want. Just make sure to pack everything up and donate it at the end of the sale otherwise you are just letting the clutter back in!

Plan a party- Once your space is all cleaned up and redecorated you will want to show it off! Plan a summer BBQ, dinner party, pool party, picnic or any other gathering.

What are your planning for Memorial Day weekend?

Posted on April 4, 2019 at 8:00 am
Jon Holsten | Category: Home Maintenance, Housing Trends, Landscape, Northern Colorado Real Estate | Tagged , , , , , , ,

Is Buying a Short Sale Right For You?

ForSale

By Richard Eastern

If you’re shopping for a home, you may have noticed that a large number of the homes that are currently on the market are short sales. A short sale occurs when a homeowner owes a lender more than their home is worth, and the lender agrees to let the owner sell the home and accept  less than what is owed. Lenders may agree to a short sale because they believe it will net them more money than going forward with a lengthy and costly foreclosure process.

Short sales do differ in a number of ways from conventional home sales. Here are a few things to consider if you’re thinking about buying a short sale property.

    • Short sale homes sell for less, but not significantly less than market value.

Buyers hoping to snap up a home for half the market value will be disappointed. The selling price for short sales average about 10 percent less than for non-distressed properties. The bank is looking to recover as much of the value of the home as possible, so they will not accept offers that are significantly under market value. That said, with savings that can equal tens of thousands of dollars, a short sale is a great way to get more house for your money.

    • Short sale properties are sold “as is”.

The lender will not be making repairs to the home. Any improvements that need to be made are most likely going to be the responsibility of the buyer. A savvy buyer’s agent/broker will get contractor bids for any necessary repairs and use those to help negotiate a lower sales price with the bank.

    • A short sale will take longer than a conventional home sale.

Once you and the seller have mutual acceptance on an offer, you need to allow 60 to 90 days for the lender approval process. There are often long stretches when the offer is slowly winding its way through the bank’s system, so buyers need to be patient.

    • If you have to sell your home first, a short sale is probably not the best fit.

Lenders generally will not take contingent offers on a short sale.

    • A short sale is one real estate transaction that you shouldn’t attempt on your own.

Short sales are complicated transactions that involve a different process and significantly more paperwork than a standard real estate sale. An agent/broker that is unfamiliar with short sales can write an offer in such a way that they inadvertently cause their buyers to lose the deal. An experienced short sale agent/broker will protect your interest and help the process move forward smoothly.

The bottom line: As long as you can be patient, and are working with an agent/broker who understands the process, buying a short sale is a great way to purchase the house you want at a price you’ll love.

EasternRichard

Richard Eastern is a Windermere agent in Bellevue and co-founder of Washington Property Solutions, a short sales negotiating company. Since 2003 he has helped more than 600 homeowners sell their homes.  A Bellevue native and a UW grad, Richard is an avid sports fan and a devoted Little League and basketball coach. You can learn more about Richard here or at www.washortsales.com.

Posted on April 3, 2019 at 8:00 am
Jon Holsten | Category: Buying | Tagged , , , , , ,