anacortes realty

Residential Real Estate Trends To Watch In 2017

Market Conditions

It is an accepted rule within the real estate industry that the trends of today will eventually become the realities of tomorrow. Keeping this simple fact in mind it is easy to see why market conditions currently evolving in 2017 will have a big impact on buyers and sellers throughout the year and well into 2018. Here are a few trends in real estate at the national level that should be watched carefully by anyone purchasing a home in Washington State or anywhere else across the country.

Technology

Technology will continue to play a major role in how homes are bought and sold throughout the United States and around the world. Upgrading a home with the latest technology and state-of-the-art security as well as other modern conveniences can make a difference on how marketable a home ultimately becomes. Solar panels, homes that are highly automated and homes that make use of Internet equipped appliances will win the day in the current real estate market.

Pricing

One thing that can be said about modern real estate is that prices are always in a constant state of flux. While there are many predictions on where prices will go, ultimately the market predicts how homes will be best priced going forward. 2017 is expected to be a year where real estate prices will continue to increase as they did last year. However, price increases may be more intense in 2017 and going into 2018 as compared to previous years.

Communities

One trend that has been identified in 2017 that will likely become more pronounced later in the year and into the next year is that of “walkable” communities. As a growing number of young families flock to the suburbs, communities that offer many options for those who enjoy walking are becoming the new standard. In short, young upwardly mobile individuals are looking for homes in suburbia that are conducive to being in the great outdoors.

Millennials

Finally, at the end of the day one of the most powerful forces that will move Anacortes real estate markets and shape trends is that of the millennial generation. This demographic will likely power long-term demand for real estate for at least the next decade. Baby boomers and millennials make up the biggest group in history and will have a profound impact on real estate over the short and long-term. Many studies and statistics have indicated that roughly 1/3 of all homebuyers in 2017 will be comprised of baby boomers or millennials.

Contact Nicole Haun today to learn more about purchasing real estate in Anacortes, Oak Harbor or Mount Vernon Washington.

About Nicole

Contact Nicole Haun today by visiting Realestateinanacortes.com and filling out our simple online contact form. We offer access to a wide range of Bow WA multiple listings as well as homes for sale in Mount Vernon Washington and many other surrounding communities.

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Discover Frequently Overlooked Home Buying Tips

Finding and buying a new home is an exciting proposition that can be rewarding and profitable. However, there are many home-buying tips that often go overlooked and that are well worth considering. For example, keep an eye out for neighborhoods where there are renovations and remodeling projects underway. This is typically a good sign that you are in an up-and-coming neighborhood where the prices of real estate will appreciate.

Buying A Foreclosure

Equally important is to consider buying a home on the outskirts of growing neighborhoods. This is a good strategy because homes located in these areas will typically catch up with more expensive homes that have already been renovated or remodeled. In addition, consider buying a foreclosure or home that needs a considerable amount of work. These properties can often be purchased at a deep discount for anyone who may be wishing to do renovation or remodel work. The upside is that there is substantial profit that can be garnered from these types of homes.

Finding A Good Neighborhood

Another strategy often used by real estate investors that can be incorporated by virtually anyone is to buy the least expensive home on the block. Finding a good neighborhood and then searching for the least expensive home in the area will ultimately ensure a greater return on investment. It is also a good idea to check zoning and local codes when purchasing a home. Ensure that you are buying in a stable area where commercial real estate is restricted as a way to protect your investment. Also try to view a large quantity of homes in order to find an excellent deal.

Better Feel For The Neighborhood

Finally, when you do find a property that you like it is best to return at different times of the day and on different days of the week to get a better feel for the neighborhood. Even driving by the home in the late evening hours can reveal a lot about the house and the immediate neighborhood. Being a smart and discerning home buyer can be as easy as following a few simple and uncommon home buying related tips. Contact Nicole Haun by navigating to Realestateinanacortes.com to learn more about the many excellent Anacortes real estate deals available today. Nicole is a dedicated real estate agent specializing in Anacortes homes for sale. Call today to learn more.

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How To Improve The Appraisal Value Of Your Home

Having a home properly appraised and preparing a home for appraisal in the right way can have a substantial impact on the ability to sell that home. For example, a low appraisal will typically signal a bank to avoid lending money on a property. When a property appears to be overvalued the bank will typically conclude that there is excessive risk present. Here are a few smart and sensible tips on how to improve the appraisal value of your home if you plan to sell real estate in Anacortes.

First Impressions

Perhaps one of the easiest ways to launch-off on the right foot with any home appraisal is to give it good curb appeal. First impressions are lasting with people but can also be costly when it comes to having a home appraised. It is a proven fact that an appraisal can experience a reduction in value of thousands of dollars simply because a home has an unkempt or messy yard. Prior to having a home appraised consider having a landscaper clean the yard, trim the bushes and perhaps even plant a few new small trees.

Modern Looking Kitchen

In many instances the little items can go a long way in improving the appraisal value of a home. In terms of the interior of a house that is to be appraised it is often possible to improve the image of a room simply by adding a new feature. For example, installing an attractive and modern faucet in the kitchen can be just enough to create the image of a more up-to-date looking kitchen space. Spending thousands of dollars on new granite countertops may not be necessary in this case. Consider small and affordable improvements as a way to enhance the overall image of your home.

Free Of Clutter

As with the outside of a home it is equally important to ensure that the inside of a home is clean, organized and clutter-free. In fact, some experts estimate that the appraisal value of a home could go up by as much as 10% simply because the interior of the home is clean, organized and totally free of clutter. Paying attention to detail when it comes to preparing a home for appraisal can even include replacing an old outdated TV with a newer flat screen television. 

Highest Possible Value

While replacing the carpeting in an entire house can be prohibitively expensive, simply cleaning any stains or spots can often suffice. It should also be noted that placing carpeting pieces on top of other carpeting could create the image that there are hidden stains. Avoid this practice as a way to ensure that the appraisal comes in at the highest possible value. Another important consideration is that of removing any excess furniture. Creating an open space that is more appealing can be as easy as removing excess furniture when possible. In many cases an appraisal can be affected simply by perception. Contact RealEstateinAnacortes.com today to work with Anacortes realtor with years of experience. Nicole Haun is always here to help.

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Home Buying And Remodeling Tips

Purchasing a home that requires some amount of renovation can ultimately save homebuyers money. However, it is important to understand that renovation or remodeling can be very expensive unless it is carefully planned and smartly carried out. Here are a few sensible and useful tips on buying a home and then remodeling or renovating it in the right way. First of all, when seeking out a contractor it is best to get multiple job estimates before making a final decision.

Home Improvement Professional

Talk with people you know, friends, family and coworkers in order to find the best contractor for your specific needs. Even calling references of a particular contractor will help you make the best choice possible when hiring this type of home improvement professional. In addition, knowing well in advance the type of renovations that will be needed can help you stay on track when hiring a contractor to do work. This is another key aspect of ensuring that you stay within your allotted budget. Homeowners hiring a general contractor or home-improvement profession should make it a point to have every aspect of the work that will be done laid out in writing in clear terms.

Monitor The Progress Of The Work

Long before ever signing on the dotted line ensure that everything is in writing and in order. This will not only save time but will also save money and even your peace of mind. Anytime you are concerned with the quality work that is being conducted by a contractor it is important to bring it to their attention immediately. If you don't like the type of work that is being done it is better to speak up early than wait until it is completed. In simplest of terms, having home renovation work done is not the time to be shy. Monitor the progress of the work and always be ready to speak up.

Trusted Reputation

When choosing a contractor to do renovation or remodeling work make sure that they have a trusted reputation when it comes to doing clean and organized projects. Having dust circulated throughout your home and through an HVAC system can end up costing you more money in air-conditioning and heating repairs. Yet another great tip is to always make certain that workers leave some amount of leftover paint, additional floorboards and tile pieces that can be used for repairs at a later time.

Cabinet Handles And Knobs

Finally, always remember that there will be many decisions that will have to be made when undertaking any home renovation or remodel project. From cabinet handles and knobs to appliances and lighting as well as flooring and paint, be prepared to make multiple decisions prior to, during and even after the completion of your home renovation job. As an added note, never make final payment until every aspect of your project has been thoroughly completed. When buying an Anacortes home visit with Realestateinanacortes.com and Nicole Haun to make a smart and financially advantageous Anacortes real estate buy. Why not buy and remodel today?

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