The Spring Market is HERE! Home Sales Press Release – March 2014

April 22, 2014 at 11:39 am
April 22, 2014 |

Press Release
Cincinnati Area Board of Realtors®
The following press release was sent to the local media today at 10:30 a.m. | April 22, 2014

Contact: Ken Parchman, CABR President, 513-489-2100 [office], 513-543-5221 [cell]
Jim Abele, CABR Chief Executive Officer, 513-761-8800 ext 113 [office]

Spring Selling Market in Full Swing
March Closings starting to Gain Momentum

1,625 homes were sold (closed) last month – - an 8.0% decrease from a year ago.

“Aside from the weather in March, home sales continued to gain momentum for this time of year,” said Ken Parchman, president of the Cincinnati Area Board of REALTORS®. “Even though home sales are off slightly compared to a year ago, the spring market is very active with new listings on the rise.”

The March average home selling price climbed to $172,227 vs. $156,973 a year earlier, an 9.7% increase. The average price has increased year-over-year for 25 consecutive months. “Inventory levels are rising and interest rates appear to be stable. These are a few of the factors impacting our growth in average price,” said Parchman.

Local home mortgage rates in March averaged 4.45% for a 30-year fixed rate loan. Even though the rates are up slightly from 3.67% a year ago, they are still at a level that makes purchasing a home very affordable and does not appear to be negatively influencing home sales.

The inventory of homes for sale as of March 31 continued its year-over-year declining trend to 8,789 from 9,575 a year ago, down – 8.2%. However, March inventory increased +2.8% compared to February 2014. This was a result of a 1.1% increase in new listings in March compared to February 2014.

“Cincinnati was recently ranked 9th by Forbes Magazine for being one of America’s Best Cities for Raising a Family. We should be proud that we have one of the lowest costs of living among America’s largest metro areas,” said Parchman. “We live and work in a stable market with affordable housing opportunities for not only first-time buyers, but those looking to relocate or downsize.”

“Now is the time to list your property with a REALTOR®,” said Parchman.

Nationwide, March home sales were down -0.2% from February on a seasonally adjusted basis and were down -7.5 % from March 2013.

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HOT weather is around the corner: Knowing Air Conditioning Jargon Can Save You Thousands

April 21, 2014 at 1:04 pm
April 21, 2014 |

www.realestate.aol.com

Air Conditioners - Abstract If you’re like most Americans, you probably just ignore your air conditioner — at least, until it breaks. Then, you just want it fixed — like, yesterday. But taking the time to understand certain air conditioning terms before you fix your air conditioner can make all the difference in your long-term electricity bills. Knowing (and using) these four terms could also save you thousands of dollars next time you replace your unit.

Seasonal Energy Efficiency Ratio: SEER is a measure of a system’s efficiency. The more efficient the system, the cheaper it is to operate. (And more energy-efficient systems are also better for the environment, so it’s a win-win.) The U.S. Department of Energy states that 13 is the minimum SEER rating for systems produced today (some older ones have ratings of six or less). According to Ed Purvis, vice president of the heating, ventilation and air conditioning company Emerson Climate Technologies, a unit with a SEER rating of 16 or more could save you about $415

The ideal balance for your home will depend on where you live and how often you use air conditioning.

a year (compared with an older, low-efficiency model).

As you might guess, higher-SEER models are also more expensive. The ideal balance for your home will depend on where you live and how often you use air conditioning. “For example, having a 25 SEER system for a home in Minneapolis, where you would turn on your unit just a few days of the year, doesn’t make much sense,” Purvis writes in an email, “but a high-SEER system makes perfect sense if you live in Dallas.”

Modulation: Modulated, or variable-speed, air conditioners are less expensive to run. Basically, they vary the amount of energy used to power the air conditioner. So instead of feeling like your house is freezing when the air conditioning is on, and feeling too warm when it kicks off, you’ll get an even temperature.

Modulated systems also help control humidity, which is one of the main factors in how hot you feel. When humidity is better controlled, you may get away with setting the A/C at a higher temperature. Because of this, a modulated system could save more than $870 per year, according to Purvis.

Humidity: Again, indoor humidity can make you feel warmer, even if you’re constantly running the air conditioner. So choosing a unit with humidity control — even if it isn’t modulated — will make your home more comfortable and save you up to $300 per year, Purvis notes.

Heat Pump: A traditional air conditioner uses a refrigerant cooling system. The coolant in the coils cools down the air, which is then forced into your home. As you might imagine, this takes a ton of energy. A heat pump, on the other hand, actually pulls heat out of the air inside your home and dumps it outside. (It can also be used for heating by gathering warmth from outside and funneling it into your house.) This is a much more efficient way to transfer heat and can save you up to $750 a year, according to Purvis.

Heat pumps are efficient enough for both cooling and heating in milder climates. If you live in an area with colder winters, you may need a duel-fuel system, which uses the heat pump in spring, summer and fall, but runs a gas furnace backup in the winter.

If you do choose a heat pump, do your research, as there are different types. A geothermal heat pump, for instance, uses the relatively stable temperature underground to provide heating and cooling, but these systems are quite pricey and are more difficult to retrofit.

“In general, retrofitting an air-conditioning system or heat pump shouldn’t be complicated in a building with a forced-air gas furnace,” Purvis writes. Still, you’ll want to talk with a local heating, ventilation and air conditioning professional to determine the cost of retrofitting your home with a heat pump. “For some,” Purvis points out, “a high-efficiency, conventional air system could be a more practical, cost-effective solution.”

Repair, don’t replace: What if your existing air conditioner is relatively new? Can you make it more efficient? Yes! “Up to a third of systems installed today are running well below their rate of performance because of duct leakage, improper charging and other maintenance issues,” Purvis explains. “Ensuring your system is running right can sometimes be more beneficial than investing in an air conditioner with a higher SEER.”

So as summer approaches, call your local HVAC company for an air-conditioning tuneup or replacement. Ask about having your whole system — duct work included — checked to ensure it’s running as efficiently as possible.

Comey & Shepherd Realtors | Cincinnati Real Estate Blog | Cincinnati Real Estate | Comey Blog

Want to Sell Your House Quickly? Price it Right!

April 14, 2014 at 12:04 pm
April 14, 2014 |

You may not be aware of it as you begin the process of selling your home, but your most important sales tool is your LIST PRICE.

At the Comey & Shepherd, City Office, our goal is your goal: to obtain as many dollars for your home as the market will allow, in the least amount of time. Proper pricing is essential to meet this goal.

While the value of your home is set by the market, the price is set by you. Allow us to explain the importance of proper pricing and the factors that should enter into your decision.

If you are considering selling your home, please contact one of our experienced agents today! LINK TO AGENT PAGE

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From: www.KeepingCurrentMatters.com

4.14 BlogThe housing market is recovering nicely. Prices have increased nationally by double digits over the last twelve months. Competition from the shadow inventory of lower priced distressed properties (foreclosures and short sales) is diminishing rapidly. Now may be the perfect time to sell your home and move to the dream house or beautiful location your family has always talked about.

The one suggestion we would definitely offer: DON’T OVERPRICE IT!!

Even though prices have increased by more than 10% over the last year, the acceleration of appreciation has slowed dramatically over the last few months. As an example, in their April Home Price Index Report, CoreLogic revealed that home prices actually depreciated by .08% this month as compared to last month’s report. What concerns us is that Trulia just reported that asking prices are still continuing to increase.

Because investor purchases are declining and there are more listings coming onto the market, we believe that sellers should be very cautious when they price their house. The alternative might be that you could lose money by overpricing your home at the start as explained in a research study on the matter.

Bottom Line

Though it is a great time to sell your house, pricing it right is crucial. Get guidance from a real estate professional in your marketplace to ensure you get the best deal possible.

Comey & Shepherd Realtors | Cincinnati Real Estate Blog | Cincinnati Real Estate | Comey Blog

3 Reasons to Sell Your Home this Spring

April 8, 2014 at 11:24 am
April 8, 2014 |

From: www.KeepingMattersCurrent.com

4.8 VisualMany sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are three of those reasons.

1. Demand is about to skyrocket

Most people realize that the housing market is hottest from April through June. The most serious buyers are well aware of this and, for that reason, come out in early spring in order to beat the heavy competition. We also have a pent-up demand as many buyers pushed off their home search this winter because of extreme weather. Sellers in markets where seasonal weather is never an issue must realize that buyers relocating to their region will increase dramatically this spring as these purchasers finally decide to escape the freezing temperatures of the winters in the north.

These buyers are ready, willing and able to buy…and are in the market right now!

2. There Is Less Competition – For Now

Housing supply always grows from the spring through the early summer. Also, there has been a growing desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. Homeowners have seen a return to positive equity as prices increased over the last eighteen months. Many of these homes will be coming to the market in the near future.

The choices buyers have will continue to increase over the next few months. Don’t wait until all the other potential sellers in your market put their homes up for sale.

3. There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by approximately 4% this year and 8% by the end of 2015. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with an interest rate at about 4.5% right now. Freddie Mac projects rates to be 5.1% by this time next year and 5.7% by the fourth quarter of 2015.

Moving up to a new home will be less expensive this spring than later this year or next year.

Comey & Shepherd Realtors | Cincinnati Real Estate Blog | Cincinnati Real Estate | Comey Blog

31 Insanely Clever Remodeling Ideas For Your Home

March 31, 2014 at 11:49 am
March 31, 2014 |

From: www.Buzzfeed.com

1. Lower your living room to create a conversation pit.

Lower your living room to create a conversation pit.

The bi-level living room will give your home an incredibly spacious yet cozy effect.

2. Turn an attic nook into a pillow room.

What is life but one long, perpetual movie-night slumber party?

3. Display your book collection under the stairs.

4. Or use the space underneath for storage.

Or use the space underneath for storage.

Next-level wine collection not included, unfortunately.

5. Or use that space for a book nook.

So much cozy.

6. Dogs are people, too, which is why your dog should probably get his or her own little haven underneath the stairs.

7. Make space for two dishwashers instead of one.

You can load one while the other washes. KitchenAid also makes a double drawer dishwasher.

8. If you’re doing a HUGE remodel, ask your contractor about tacking on a treehouse or guesthouse.

If you're doing a HUGE remodel, ask your contractor about tacking on a treehouse or guesthouse.

This add-on might cost less than you think.

[source: Quora]

9. Turn your shabby garden shed into a charming artist’s shed.

With big windows for lots of light and visual inspiration.

10. Install an in-wall pest control system.

Pest-tube installation means that all the exterminator has to do is inject some stuff into one end to keep insects and rodents away.

11. Maximize your space with baseboard drawers.

Maximize your space with baseboard drawers.

Especially in the kitchen and bathroom.

12. Consider a hidden room.

Consider a hidden room.

Sometimes it’s as simple as adding a bookcase to a door.

13. Make your walls MAGNETIC.

Make your walls MAGNETIC.

Magnektik makes large magnetic panels that are strong enough to hang anything, including shelves and TVs.

14. An S-shaped seat turns your shower or steam room into one you can LIE DOWN IN.

An S-shaped seat turns your shower or steam room into one you can LIE DOWN IN.

Insane in le bain.

15. Have an extra-tall ceiling? Stretch a ceiling hammock across it.

Have an extra-tall ceiling? Stretch a ceiling hammock across it.

16. A walk-in shower means NO GLASS TO CLEAN.

And they even fit into small bathroom spaces.

17. Install chutes in your kitchen for your trash and recycling.

Install chutes in your kitchen for your trash and recycling.

Funnel them straight into the garage.

18. A platform in a storage/guestroom hides away all of your stuff while keeping the room usable.

A platform in a storage/guestroom hides away all of your stuff while keeping the room usable.

It’s also a great way to make a comfy nook room more functional.

19. Build a bar into your deck.

Build a bar into your deck.

20. Turn dead space above a staircase into a playroom.

21. Build a second mini-fridge in your kitchen island for BEER.

Build a second mini-fridge in your kitchen island for BEER.

Or really, anything you want.

22. Instead of typical cabinets, build a pull-out cabinet for instant counter space.

Instead of typical cabinets, build a pull-out cabinet for instant counter space.

23. Put a sink with jets in your laundry room so you have a convenient place to wash your delicates.

Put a sink with jets in your laundry room so you have a convenient place to wash your delicates.

24. Utilize dead space with a built-in wine rack.

Utilize dead space with a built-in wine rack.

Or build the wine rack directly into the kitchen island.

Or build the wine rack directly into the kitchen island.

25. Two words: VACUUM BASEBOARDS.

Two words: VACUUM BASEBOARDS.

This sorcery actually exists.

26. Kids will love having slumber parties in their bunkroom.

27. Bring the outdoors IN with these accordion glass windows and doors.

It’s an epic way to open up your kitchen while entertaining.

28. Swap out your boring old ceiling for a star-gazing sunroof.

Swap out your boring old ceiling for a star-gazing sunroof.

29. Install a two-sided fireplace between the bathroom and the bedroom.

Install a two-sided fireplace between the bathroom and the bedroom.

Who needs heated tiles when you have a bathroom fireplace?

30. Frame your living room fireplace with built-in seating.

Frame your living room fireplace with built-in seating.

Fireplaceseat is the new windowseat.

31. And finally, go ahead and add that master bedroom balcony.

And finally, go ahead and add that master bedroom balcony.

You deserve a quiet, tranquil place to look out over your land.

Comey & Shepherd Realtors | Cincinnati Real Estate Blog | Cincinnati Real Estate | Comey Blog

6 Seller Secrets For This Spring’s Real Estate Market

March 24, 2014 at 10:47 am
March 24, 2014 |

From: www.Forbes.com

Each year, it seems the housing market takes on a different tone – and whether it’s going to be a sellers’ market with inflated prices and bidding wars, or a buyers’ market with tons of choices and low prices – there’s no denying that the 2014 spring housing season is upon us. So what does it have in store? Well, if you’re thinking of listing your home, that’s an important question.

Here are 6 market insights that will give you a head start!

Right Now = A Great Time To Sell
The winter home selling season was crippled by the polar vortex, especially in the east and northeast, so there’s pent-up demand from buyers who’ve been waiting for better weather to brave the house hunt. Mortgage rates are still at historic lows, so buyers ARE poised to buy and ready to hit the streets.

Michael

Know Your Numbers: 60%
Sixty percent of all homes in 2014 will be bought and sold from May to August. Putting your home on the market at the beginning of the selling season will help your chances of snagging a winning offer before buyers turn their attention back to school starting in September.

Price It Right
Many metros in the country have seen double-digit price increases in the past year. But this last quarter, prices started to slow nationally – and pricing is a critical component to getting your house sold. With this fluctuating market, you need to look at comps of similar homes in your area, and recency matters: make sure you’re looking back no more than 60 days. The sale price of homes that sold recently paints a much better picture of what to expect than the price of homes that sold six months ago (or of homes that have yet to sell).

Bidding Wars Aren’t Back (Phew!)
Bidding wars were common in the summer of 2013, but we’re hearing less about them right now. So don’t bank on fielding two or three offers at once. There is, however, a good chance that you’ll still get the one that will be a win/win for both you and the buyer.

It Pays To Be Ahead Of The Curve
Trying to get a jump on the competition? Right now we’re on the cusp of prime selling and buying season, and if you list soon, you’ll have less competition than you would if you put your house on the market in May or June, when more homes will flood the market. Since it’s still early, your home can have its ‘moment in the spotlight’ more than it will when inventory increases – and the buyers who are braving the cold to house shop are clearly motivated.

Make It Pop Off The Computer (Or Smartphone) Screen!
In this new mobile era, a huge percentage of buyers use smart phones (and Trulia’s top-rated apps) to start their home search online. And that percentage is expected to rise this year as more buyers take advantage of easy access to the wealth of information online. Get in on this trend by making sure your home pops on those computer screens. Great homes with mediocre quality photos will be quickly discarded and ultimately get less showings. Sellers should insist that their agent take the time to beef up their online listing so the quality of the home jumps off the screen and gets buyers’ attention.

Comey & Shepherd Realtors | Cincinnati Real Estate Blog | Cincinnati Real Estate | Comey Blog

Comey & Shepherd Realtors, City Office proudly welcomes Kay Sterling as a new agent!

March 18, 2014 at 12:15 pm
March 18, 2014 |

Comey & Shepherd Realtors | Cincinnati Real Estate Blog | Cincinnati Real Estate | Comey Blog

Bockfest – Cincinnati’s Bock Beer Festival and Celebration of OTR

March 5, 2014 at 1:10 pm
March 5, 2014 |

We hope to see you at Bockfest this weekend!
Comey & Shepherd Realtors, City Office is excited to be a sponsor of this Great Cincinnati Tradition.

www.Bockfest.com

home-slider2_1

March 7th-9th

Bockfest is a celebration of historic Over-the-Rhine, Cincinnati’s brewing heritage and the coming of spring. There are several bock beer festivals that take place around the world, but Cincinnati’s Bockfest is the oldest and largest in the United States.

Bockfest occurs during the first weekend of March. It begins with a parade on Friday evening that starts at Arnold’s Bar & Grill, Cincinnati’s oldest saloon. The parade is lead by a goat pulling a keg of bock beer and the reigning Sausage Queen. It ends at Bockfest Hall where the ceremonial first keg is blessed and Bockfest officially begins. The Hall is open throughout the weekend and features live entertainment, great food, historic walking tours, authors and breweriana, a homebrew competition, Continental Sunday celebrations and lots of delicious bock beer.

Bockfest is not just limited to the Hall. It occurs in a number of participating venues in Over-the-Rhine and the central business district. There is no admission fee for the hall and typically no admission fee for the participating venues. (If a venue charges a fee, it will be indicated on the event schedule.) A free shuttle bus runs a continuous loop around location, including Garfield Suites which is offering a special Bockfest Rate for festival goers.

Location:

1619 Moore St.
Cincinnati, OH 45202
Get directions

Hours:

See website for details

Rates:

FREE

More Info:

Call 513-604-9812
Visit website

Comey & Shepherd Realtors | Cincinnati Real Estate Blog | Cincinnati Real Estate | Comey Blog

5 Reasons to Hire a Real Estate Professional

March 3, 2014 at 5:59 pm
March 3, 2014 |

In the fluctuating real estate market it is essential to engage an agent with a proven track record who consistently delivers results and understands the local real estate market. Please contact one of our experienced award-winning agents today for any of your buying and/or selling needs: Comey & Shepherd City Office Agents (LINK)

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From: www.KeepingCurrentMatters.com

5-ReasonsWhether you are buying or selling a home, you need an experienced Real Estate Professional to lead you toward your ultimate goal. In this world of instant gratification and Internet searches, many sellers think that they can For Sale by Owner or FSBO.

The 5 Reasons You NEED a Real Estate Professional in your corner haven’t changed, but rather have been strengthened in recent months with the Federal Government continuing to taper bond purchases and the impact that decision has had on mortgage rates.

1. What do you do with all this paperwork?

Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true Real Estate Professional is an expert in their market and can guide you through the stacks of paperwork necessary to make your dream a reality.

2. Ok, so you found your dream house, now what?

According to the Orlando Regional REALTOR Association, there are over 230 possible actions that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, who knows what these actions are to make sure that you acquire your dream?

3. Are you a good negotiator?

So maybe you’re not convinced that you need an agent to sell your home. However, after looking at the list of parties that you need to be prepared to negotiate with, you’ll realize the value in selecting a Real Estate Professional. From the buyer (who wants the best deal possible), to the home inspection companies, to the appraiser, there are at least 11 different people that you will have to be knowledgeable with and answer to, during the process.

4. What is the home you’re buying/selling really worth?

Not only is it important for your home to be priced correctly from the start, to attract the right buyers and shorten the time that it’s on the market, but you also need someone who is not emotionally connected to your home, to give you the truth as to your home’s value.

According to the National Association of REALTORS, “the typical FSBO home sold for $184,000 compared to $230,000 among agent-assisted home sales.”

Get the most out of your transaction by hiring a professional.

5. Do you know what’s really going on in the market?

There is so much information out there on the news and the Internet about home sales, prices, mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to, to tell you how to competitively price your home correctly at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a low-ball offer?

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.” – Dave Ramsey

Hiring an agent who has their finger on the pulse of the market will make your buying/selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Bottom Line:

You wouldn’t hike up Kilimanjaro without a Sherpa, or replace the engine in your car without a trusted mechanic, why would you make one of your most important financial decisions of your life without hiring a Real Estate Professional?

10 Ways to Make Your Property More Attractive for Homebuyers

February 24, 2014 at 1:22 pm
February 24, 2014 |

From: www.RealEstate.com

With the property market struggling to pick itself up following the global recession, selling your own slice of real estate may be a challenge. How can you make your property stand out in a crowded market where buyers are thin on the ground? Here are 10 useful tips for making your property more sellable and getting yourself the price you deserve for your home.

1.  Make a Good First Impression

A beautiful home that demonstrates the power and importance of curb appealIncreasing your curb appeal is the first step to making your home attractive to the buyer and bagging a sale at the best possible price. Many homebuyers make up their minds about a property in the first few minutes of approaching the door, so make sure your home makes that all-important good first impression.

Also, make sure you pay attention to your property’s exterior; if it looks tired and worn, give it a lick of paint to breathe a new life into your frontage. Also, ensure that the front yard is flawless with beautifully manicured lawns and well-kept foliage; you can even add some color with a floral hanging basket.

2.  Make Your Buyers Feel Welcome

Buyers want to feel that they could live in your property, so make it feel like home with a few simple touches. Remember, buying a home is mostly an emotional decision, so it’s important to give buyers that warm and fuzzy feeling! Start with curb appeal by adding a welcome mat and repainting your front door to present a well-loved home.

3. Don’t Depersonalize Completely

Extend the welcome feeling inside with a few home touches, but don’t go overboard! Too much personality in the form of personal possessions and family photos will put buyers off and make it harder for them to visualize living there.

4.  Cut the Clutter

This is another aspect of creating a big welcome for prospective buyers. Make sure your property is clutter-free for all your viewings. Not only will it make your home look and feel bigger, it will also help buyers envisage how they would use the space.

Good lighting improves atmosphere and makes a home seem more spacious5. Improve Lighting and Light Fixtures

The bigger your home feels the more buyers it will appeal to, so ensure your home feels much more spacious by making it as bright as possible. Open all your curtains and let your home be flooded with natural light. You must also pay attention to the darker rooms that may not have access to as much natural light. Invest in some light fixtures and fittings, and place them strategically to illuminate even the gloomiest of places.

6. Decorate to Sell

Brightly painted walls are just the ticket when it comes to how not to make a home sellable. Give your interiors a fresh coat of paint in a neutral color to give it that blank canvas look buyers need. Neutral colours also make properties appear lighter and brighter, so take advantage of this inexpensive and easy option. Also, give tired interiors a new coat of paint; buyers love that freshly decorated feeling.

7. Clean Up Your Act

It’s amazing how many sellers don’t do a quick tidy up before a viewing. Don’t fall victim to this common mistake that may keep your home from selling. Make sure your home is spotless for every buyer; a bit of elbow grease works wonders and makes your home more appealing to buyers. Don’t forget to tidy your garden too: Cut bushes back, clear your patio, and give your outdoor furniture a good wipe.

8. Make Those Minor Repairs

If you’ve been living in a property for a while, it is all too easy to forget about those little jobs on your “must fix” list. Broken doorknobs, cracked tiles, holes in walls and damaged carpets may slip under your radar, but they’ll be some of the first things buyers notice when they look around your home. Make those minor and major repairs so that your home is a sound investment for potential buyers.

9. Maximize Your Space

The golden rule of selling is to make your space look and feel bigger and better than what your competitors have to offer. We’ve already mentioned that lighting your home, both naturally and artificially, can maximize your assets, but getting rid of bulky furniture can also be a great way of making the most of what you have. Large pieces of furniture make a space feel smaller, so put these items into storage and dress your home with more compact pieces.

10. Don’t Forget Your Floors

Upgrading or improving your flooring is an important investment every seller should make. Many buyers are deterred by the thought of spending money to improve a home, especially after saving for a huge down payment, so make important changes that buyers will appreciate. Performing home improvement projects yourself may increase the time it takes your home to sell and ultimately increase its value.

Worn carpets and damaged vinyl floors need to be replaced, and wooden floors in particular should undergo some maintenance prior to viewing. Flooring improvements or replacements may come with a hefty price tag, but the prospect of selling your home for the best possible price will likely outweigh the cost.

Comey & Shepherd Realtors | Cincinnati Real Estate Blog | Cincinnati Real Estate | Comey Blog

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