Thursday, August 30, 2018

Price Reductions!

Price Reduction

10910 Revere Ave, Cleveland 
$35,000 NEW PRICE!

2670 Greenbrook Dr, Madison 
$84,900 NEW PRICE!

8240 Talbot Cir, Mentor 
$434,900 NEW PRICE!

2043 W Prospect Rd, Ashtabula
$79,900 NEW PRICE!

 

 

Today's New Listings!

7743 Maple St, Kirtland

7250 Hodgson Rd, Mentor

1542 Commodore Cv, Painesville

149 Ava June Dr, Painesville Township

8196 Rainbow Dr, Concord

Monday, August 27, 2018

Questions to Consider When Relocating

No doubt, relocating causes butterflies but often it is difficult to determine if they indicate excitement and anticipation or nerves and cold feet. Giving yourself a few questions to consider when relocating might assist in resolving the issue. Listing out your considerations on paper helps make the decision.

Can you afford the move?
Take time to lay out your budget. Consider actual moving costs but also the cost of living in the new location. Whether or not your new salary will cover expenses in the new area requires doing the math.

Is your family on board?
The unity of mind with a spouse or significant others goes a long way in providing a successful relocation. On the converse, the lack of it can prove miserable. Consider what this move means for your spouse’s career and relationships. Also, take into account the impact on schooling, social activities and friendships of your children.

What am I leaving behind?
Your history with a place, both in length and memories, plays a significant role in the decision to relocate. Childhood friends, parents nearby or visions of future involvement create emotional ties which are not easily severed. On the other hand, negative experiences and few relational ties can create a desire for a fresh start.

What opportunities lay ahead?
Determining the opportunities that lay ahead in a new town, county, state or country is vital. Spend time in the new area and speak to as many people as possible. Consider what parts of your family’s current lifestyle might have to be omitted or might be enhanced by the move.

What is the backup plan?
Considering the ramifications of the relocation not working out is important. Knowing the permanency of a decision due to logistics or inconvenience weighs in the decision. Talk through options with your spouse or a trusted friend.

What about you?
Ultimately, the decision to relocate should reflect what you desire to do and not what you believe you should do. Consider your personality and whether or not you do well with change. Determine if the relocation will bring happiness or fulfillment. Finally, after the considerations and homework, the voice in your gut is worth heeding. After all, big risk can equal big reward!

Today's New Listings!

2204 Canterbury Ln, Willoughby

38517 Fairway Glenn Blvd, Willoughby

38508 Fairway Glenn Blvd, Willoughby

38544 Fairway Glenn Dr, Willoughby

7156 Fillmore Ct, Mentor

7927 Preston Hill Ct, Mentor

Thursday, August 23, 2018

Today's New Listings!

2158 Canterbury Ln, Willoughby

8682 Billings Rd, Kirtland

8740 Jamesway Ct, Mentor

12325 Summerwood Dr, Concord

8008 Humphrey Hill Dr, Concord

Open Houses and Price Reductions!

Open Houses for August 26, 2018 

7555 Hunting Lake Dr, Concord 
Open 11am-1pm
$354,900
3bd 3ba

9475 Johnnycake Ridge Rd, Mentor 
Open 12:30-4:30pm
$379,900 
3bd 2ba

8240 Talbot Circle, Mentor 
Open 1-3pm
$439,900 
4bd 4ba

2150 Kimberly Ct, Wickliffe 
Open 2:30-4:30pm
$379,900 
4bd 4ba

29952 Phillips Ave, Wickliffe 
Open 12-2pm
$129,900 
4bd 2ba

3135 Lost Nation #F, Willoughby  
Open 12-2pm
$95,000 
2bd 2ba

2965 Rockefeller, Willoughby Hills 
Open 3-5pm
$399,900 
4bd 3ba

Price Reduction

10910 Revere Ave, Cleveland 
$42,500 NEW PRICE!

8053 N Chariot St, Mentor 
$309,900 NEW PRICE!

Monday, August 20, 2018

Boost Your Resale Value with These Three Inexpensive Renovations

To get top dollar for your home, renovations may be necessary. However, some renovations can prove costly and they do not always add value to your home. Here are three inexpensive renovations that are sure to improve the resale value of your home.

First Impressions Matter
Your home needs to have curb appeal. If the potential buyer does not see that, it will be difficult to get the price you want. Spend money and time landscaping your yard. Pressure wash your driveway. Paint your front door. Make your porch look welcoming. If you do all of this yourself or with the help of family and friends, the costs will be reasonable.

Freshen Up the Interior
After a prospective buyer is impressed by your nicely kept lawn, you will want to continue impressing him/her with your interior design. Buyers know what they want when it comes to the number of bedrooms and baths. You have something they want or they would not be looking at your home. Now, you need to keep their attention. Each room needs to be freshly painted in a neutral color. Old wallpaper and borders should be stripped and walls repainted. Make each room look larger by clearing any clutter. If possible, remove any unnecessary furniture and store it somewhere else. Have any carpets professionally cleaned and be sure to polish any hardwood flooring. In the bedrooms, de-clutter your closets. Your kitchen and bathrooms should be sparkling. Clean and organize counters and cabinets. Again, most of these suggestions cost little but add great value to your home.

Upgrades
When you think of upgrades, you many automatically assume major costs with little return. However, many upgrades may be within your budget. Consider making some of these affordable upgrades to your home. Living Areas/Family Rooms – If you are going for a more elegant touch, add some crown molding. For a more rustic feel, add box beams. Improving the ceilings of main rooms will add value to your home.
Hardware and Fixtures – Painting and changing the hardware on your cabinet doors can change the look of a room dramatically. Add new fixtures such as lighting and doorknobs for a more updated look.

Selling your home may require you to spend a little money but you will likely get the full value of your home if you make the investment!

Today's New Listings!

36310 Sandy Knoll Dr, Eastlake

5359 East Heisley Rd, Mentor

40 S/L Ava June Dr, Painesville Township

10281 Karaboo Trl, Concord

4660 Riverwood Dr, Perry

Thursday, August 16, 2018

Open Houses and Price Reduction!

Open Houses for August 19, 2018 

7555 Hunting Lake Dr, Concord 
Open 12-2pm
$354,900
3bd 3ba

8053 North Chariot, Concord 
Open 12-2pm
$324,900 
4bd 3ba

9475 Johnnycake Ridge Rd, Mentor 
Open 12-2pm
$309,900 
3bd 2ba

8240 Talbot Circle, Mentor 
Open 1-4pm
$439,900 
4bd 4ba

2150 Kimberly Ct, Wickliffe 
Open 2:30-4:30pm
$379,900 
4bd 4ba

29952 Phillips Ave, Wickliffe 
Open 12-2pm
$129,900 
4bd 2ba

3135 Lost Nation #F, Willoughby  
Open 2:30-4:30pm
$95,000 
2bd 2ba

Price Reduction

8053 N Chariot St, Mentor 
$309,900 NEW PRICE!

Today's New Listings!

28901 Chardon Rd, Willoughby Hills

7680 North Rd, Mentor-on-the-Lake

Monday, August 13, 2018

Is Building a New Home a Better Value than Buying an Existing Home?

Anyone who is on the market for a new home has asked themselves this question. Should I buy an existing home or build my own home? This can be a tricky question to answer and each individual will have a different point of view. Let’s take a look at the pros and cons for each option in relation to Value.

Pros to Building a New Home

  • Everything is New - When you build a new home, you do not have to worry about replacing major items in the near future, updating fixtures or repairing anything. There are no additional costs to move into the home or live there for several years to come.
  • Custom Design - A custom home will have a floorplan that fits the way you live and will have features that are unique to you so you will not have to make major renovations to retrofit the home to your needs.
  • Utility Savings - With newer energy efficient equipment and appliances, you can reduce your monthly utility costs which provides a significant annual savings.

Cons to Building a New Home

  • Double Payments - You will need somewhere to live during the construction of your new home which often means you will continue to pay a mortgage until your home is complete. There are also payments due on the construction of a new home such as the initial down payment, interest, land tax, insurance, allowance overages, etc.
  • Building Costs – Material costs are expensive when buying all new even though you can realize some savings when buying in bulk. Also labor and material costs increase as new builds increase in a market which can wreak havoc on a building budget.

Pros to Buying an Existing Home

  • Cost Approach – An existing home often sells less per square foot than a new home. The price of an existing home often does not give full value to the material costs used to build or finish the home, the upgrades or the cost of the land which means you can purchase an existing home with upgraded features on a premium lot for a lot less than a new build with the same features and lot placement. This makes buying an existing home a good value.

Cons to Buying an Existing Home

  • Repair Costs - There can be expensive repairs lurking around every corner. Even though everything checked out at a home inspection, a major item may need to be replaced in 1-3 years. Also, the home and its equipment may not be energy efficient costing you additional dollars every month.

Conclusion

As you can see, there are advantages and disadvantages to both options. Although building new will cost more initially, it will save money over the long haul with regards to repairs, updates and utility costs. If you look at the cost per square foot, then buying an existing home might make more sense. Therefore the decision to build new or buy existing will be based on preference since both options are good values!

Today's New Listings!

35951 Jennie Ln, Willoughby Hills

38481 Eagle Nest Ln, Willoughby Hills

7726 Ohio St, Mentor

7410 Faye Ln, Mentor

10964 Spear Rd, Concord

7650 Kellogg Rd, Concord

14487 Ford Rd, Leroy

Monday, August 6, 2018

Pricing Your Home

Selling a home is no easy feat. There are many factors to consider for a successful outcome such as preparing your home for sale, getting the home’s paperwork together and finding a good Realtor®. The most crucial step towards selling a home however is deciding how to price it.

Pricing your home has a big impact on selling within your timeframe at a profit you are comfortable making. It takes time, thought and patience to reach the right number for your home. If it is priced accurately then you will have the highest chance of getting what it is worth and you will not have to impede the process by constantly lowering your price.

When pricing your home, you must do your research. It is imperative to know exactly how much your home is worth so having a professional appraisal completed on your home is recommended. Knowing this information will give you an idea of what you may be able to get for your home.

Using a real estate agent’s market analysis will also aid you in knowing how to price your property. A market analysis can tell you what homes in your neighborhood with similar features have sold for.

Basing your price on what other homes in your neighborhood are currently listed for sale at may put you at risk of pricing too high. These properties have not sold yet so do not assume their pricing is correct. Market value is determined by sold properties only.

Many people selling their homes make the mistake of pricing their home higher than the value thinking they can always lower it later. They feel this will help them achieve the highest result. Often, this logic backfires though causing their property to remain on the market too long missing their window of opportunity and causing their home to be considered a stale listing. Sellers end up having to lower their price so much that they sell it for less than it is worth.

Any personal attachments to your home should be severed once you are considering selling it. This is now a business transaction. If you still have an emotional connection to your home when you are putting it on the market, this may hurt your chance of selling it for the best price possible. Do not get wrapped up in thoughts of how much time or effort you have invested over the years. Those feelings will likely cloud your judgement when considering how much your home is worth.

Selling your home can be a stressful process so do not make it any harder than it needs to be. Appropriate pricing is the most vital part of selling your home as it can mean the difference between selling in four weeks or four months. If pricing your home is proving to be difficult for you, hire a professional to help you see the real picture.

Today's New Listings!

241 Shoreland Cir #SL 21, Willowick

134 Christine Ct, Eastlake

35830 Boyd Ct, Willoughby

10271 Page Dr, Mentor

4280 Loreto Landing, Perry

Thursday, August 2, 2018

Open Houses and Price Reductions!

Open Houses for August 5, 2018

8053 North Chariot, Concord 
Open 12-2pm
$324,900
4bd 3ba

6 Hawaiian, Madison
Open 12-2pm
$45,000 
3bd 2ba

391 Hyder, Madison 
Open 12-2pm
$165,000 NEW PRICE!
4bd 2ba

7074 Farnham, Mentor 
Open 2:30-4:30pm
$185,000 
3bd 2ba

9475 Johnnycake Ridge Rd, Mentor
Open 12-4pm
$379,900 
3bd 2ba

8240 Talbot Circle, Mentor
Open 1-6pm
$439,900 
4bd 4ba

601 Sandtrap Circle, Painesville
Open 2:30-4:30pm
$111,900 
3bd 2ba

2150 Kimberly Ct, Wickliffe
Open 2:30-4:30pm
$384,000 
4bd 4ba

3135 Lost Nation #F, Willoughby
Open 12-2pm
$95,000 
2bd 2ba

Price Reductions

7555 Hunting Lake Dr, Concord 
$354,900 NEW PRICE!

Today's New Listings!

161 Lakehurst Dr, Eastlake

1071 Cliffview, Eastlake

6483 Carter Blvd, Mentor

8528 Harvest Home Dr, Mentor

6260 Conley Rd, Concord

 

Today's New Listings!

34645 Willow Creek Pl, Willoughby  - $399,000 1331 Bennett Rd, Madison - $329,900 7165 Hawthorne Dr, Mentor - $274,900 4423 Ashwood Ave...