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Things You Can Do to Prepare for a Home Appraisal

Things You Can Do to Prepare for a Home Appraisal

Getting your Fort Collins or Loveland home appraised is a necessary step in putting it on the market and the appraisal will influence your asking price. This means you want your home in its best possible condition, so it will be appraised at the highest potential value. While undertaking massive renovations may not be an effective process, there are smaller things you can do to raise the market value of your home.

Start Small with a Little Spackle

If you’ve lived in your home for any length of time, you’ve probably hung things on the walls, put up shelves, or simply had accidents that resulted in minor damage. Now is the time to repair those blemishes. By filling these holes and crevices with a little spackle and painting over the area, you can leave your walls looking like new. While this may not boost the value of your home, it will keep the appraiser from deducting for the damage.

As Long as You’re Painting…

After you’ve touched up your walls, you might want to consider freshening up the paint in other areas. For instance repainting worn borders and moldings around the home can give it a newer look. Additionally, take the paint outside and touch up the trim around the windows and doors. This will boost curb appeal and help you add value to the home. Any area where the paint is peeling, chipping, or simply has lost its luster should be retouched with a fresh coat.

Update Your Crawl Spaces

Something that’s receiving more attention in home updates is crawl space encapsulation. Crawl spaces are essential for providing homeowners and contractors with access to the deepest recesses of the home. However, these spaces are vulnerable to moisture and water damage caused by humidity, warmer temperatures, and harsh weather conditions. To protect crawl spaces, homeowners have started encapsulating, or sealing, the spaces in moisture-resistant materials. Similar to a swimming pool liner, a polyethylene barrier is added to keep the crawl space dry.

Do a Deep Clean

This is also the time to really clean your home from top to bottom. Especially if you have young children and pets, there may be odors and damage that you might not be noticeable to you. Yet, a strong pet odor, or your child’s scuff marks on a hard wood floor will be the first things your appraiser notices. Consider hiring a professional cleaning crew to wax the floors, shampoo the carpets, and conduct an intensive cleaning of the entire home.

Conduct Other Repairs

At some point, you should tour your home with the mindset of a home buyer. This will open your eyes to problems that you live with every day, and just don’t notice anymore. Look for things that need to be repaired, such as a loose handrail, dripping faucet, or shorted electrical outlet. Repairing these problems ahead of time will ensure you won’t lose money on the appraisal.

Get an Early Home Inspection

Even after you think you have done everything that can be done to boost your home’s appraised value, consulting an expert is wise. Getting a home inspection at this time will help you uncover issues that you may not have the expertise to notice. This gives you the time to get these items fixed ahead of putting the home on the market, while also ensuring you can ask a more competitive selling price. It’s better to uncover these problems now than to have them affect the sale of the home in the future.  

In selling your home, you want to ensure you get close to its value, including the money and time you invested in updating its features. By taking the time to spruce up the home ahead of the appraisal, you may be able to increase the value by thousands of dollars. The suggestions offered here can give you a start, and your real estate agent may be able to offer more tips to help you get the most out of your home.

Message me if your thinking about selling your Fort Collins or Loveland home at m.me/EdPowersRealEstate

Ed Powers Real Estate 970-690-3113 ed@EdPowersRealEstate.com www.EdPowersRealEstate.com

Ed Powers Real Estate June 2020 Newsletter

Get the latest news in the June 2020 Ed Powers Newsletter Real Estate Update

For the complete June 2020 Newsletter Click here

Newsletter Content Index:

Should I Sell Now?

The pandemic has put the world on pause. Should you put your real estate plans on pause, too?
      This article reaches a sizable online audience, so there’s not just one answer to this question. In direct conversation with you—one-on-one—this question could be answered with specific reference to your location, property, finances, and desired outcomes, but there would still not only be one answer to this question.
      Real estate, by its nature and its tremendous location-driven diversity, makes that question open-ended, with many possible answers:
      • Each option has many perspectives.
• Each property is is unique.
• The reasons homeowners love, or are ready to leave, their real estate are unique, too.
      The greatest challenge can be uncovering and CONTINUED >>>

Credit and Coronavirus: What You Need to Know

If you’re one of the thousands of homeowners who is struggling to pay your mortgage and bills right now, safeguarding your credit probably isn’t high on your must-do list. But if you want to make sure your credit stays good—or even improves—despite any economic difficulties, read on for some important updates and tips. 
Government safeguarding credit? There have already been steps taken to safeguard credit for those who enter into a forbearance program. Typically, “Payments that are skipped or only partially paid during a mortgage forbearance period technically violate the original terms of your mortgage loan agreement, so even though your lender agrees to the forbearance plan, they may report your payments as delinquent to the CONTINUED >>>

Are You Ready to Divorce Your House After the Quarantine?

A number of things have happened during this unprecedented time:
      People have had more time to spend together. They’ve also spent that time at home. 
      All that time together has not necessarily helped some relationships. Perhaps not surprisingly, the divorce rate is skyrocketing in countries like China, and now it’s been reported that, “Cooped-up New Yorkers are flooding lawyer phone lines with divorce inquiries — with an avalanche of filings expected once the courts re-open,” said the New York Post.
      But it’s our relationship with our homes that may be the most stressed. A home may function perfectly fine when you’re only there a few hours a day, but this quarantine has shined a light on many a flaw. Here’s how to tell if you’re just done or if your relationship with your house can recover.
It’s not something a CONTINUED >>>

Tele-Maintenance: The Newest Thing in Virtual Service

Medical appointments have gone virtual. Zoom has all but replaced workplace meetings. And now, there’s a new can’t-live-without-it, at-home service we’re loving. Hippo Home Care is now offering free tele-maintenance to help owners keep their home functioning while we’re all hunkered down.
      “Using our free tele-maintenance service, you can talk directly with a Home Pro whenever you have questions or issues around your home,” said Hippo. “We can help. Schedule a complimentary virtual ‘house call’ with a Hippo Home Care Pro who can help you with home maintenance by phone or video.”
      The company has completely shifted to a virtual model for the time being as a service to customers who might not be comfortable having strangers in their house during the pandemic. Customers can schedule a Virtual House Call to troubleshoot specific issues and also use the tele-maintenance service for a complimentary guided Hippo Home Care Home Checkup. “Think of it like getting a car tune-up or a physical, only this one is for your house,” they said. 
      The free
CONTINUED >>>

Daily News and Advice

Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.

More Articles

May Real Estate Roundup
Forbearance News: Borrowers Can Now Defer Payments Until The End Of Their Loan
Could The Corona Virus Provide The Next Boon For Private Mortgage Lending?
The Things That Matter The Most In Your Credit Report
5 Outdoor Projects for a Beautiful and Fun Homecation Space

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Tips to Save in Your Kitchen Remodel

Tips to Save in Your Kitchen Remodel

The kitchen is the hub of the household. It is where the family gathers daily to socialize and create delicious cuisine. Without a doubt, the kitchen is also one of the most important rooms to remodel to potentially increase the value of your home. In fact, a home that has undergone a kitchen remodel sells8% faster, according to realtor.com studies. 

Historically, the kitchen was once hidden away from the main house for several reasons, such as to reduce excessive heat and to control smells. Nowadays that is no longer the case. The kitchen has made its debut as an integral part of the home and perhaps the most important room, which is why many homeowners are looking to upgrade the space. In this article, we will explore tips to save in your kitchen remodel. 

Top Ways to Save in Your Kitchen Remodel 

The average cost of a kitchen remodel in the United States is between $8,500 to $25,000. The figure might seem a bit wide-ranging, but if you are looking for ways to pinch your pennies, then rest-assured that with frugal decisions, you can cut costs to keep the total amount in the lower end of the spectrum. 

Choose mid-range efficient appliances 

Sure, it is tempting to pick only high-end appliances for your kitchen, but such high-dollar items are usually unnecessary. You can choose practical, energy-efficient appliances that boast acceptable warranties and look fabulous. 

A factor to consider when picking appliances is longevity. Refrigerators usually last only 15 years or less but a cooktop and range function last considerably longer. Also, if you have a large family then you are constantly washing dishes, so a large, efficient dishwasher becomes a mandatory investment.  

Whichever appliances you choose, try to stick with one brand and appearance. Stainless steel remains the most popular finish choice. If you want your home to appear modern, then you will want to pay close attention to design and appearance while still trying to avoid paying premium prices. Instead, settle for moderate workhorse appliances that provide you with looks, function, energy-efficiency, and longevity. 

Opt for affordable yet durable counter materials 

When you walk into a kitchen, you might believe your focal point is the cabinets but most people zero in on the countertops first. Perhaps it is the clean, sleek design or the sparkle of the surface. A showpiece countertop dictates the cabinetry, room furnishings, and color scheme. 

When picking countertop materials, remember you can pick granite with a rating of a level 2 grade (mid-grade) versus a level 3 (premium grade). The differences are subtle and usually missed by a novice who does not work in the granite business. Choosing a lovely, mid-grade granite countertop offers a greater return-on-investment. The cost of granite countertops runs from $35 to $500/sq. ft. 

Laminate countertops are another option. They mimic the appearance of granite without the high cost. Historically, you could not install an under-mount sink in a laminate countertop, but designs have changed and now you can. Laminate hovers at an affordable $5 to $30/sq. ft.

Quartz (an engineered stone) and concrete countertops are other cost-saving options. The average cost of quartz is $55 to $200/sq. ft. and concrete runs $75 to $200/sq. ft. 

Resurfacing an older countertop with tile is another option. This project typically costs around $10 to $70/sq. ft. 

Go for a cosmetic upgrade instead of a whole cabinet replacement

It’s tempting to purchase all new cabinets for the kitchen but that can become expensive with 30 linear feet of average cabinets costing from $6,412 to $11,400 for installation. However, resurfacing the existing cabinets is a great way to provide an instant facelift to the room. Many opt to carry out refinishing cabinets as a DIY project to save even more. 

You can also replace kitchen cabinets with veneer models instead of real wood. Budget cabinets range from $70 to $100 per linear foot. Handles, knobs, and pull are the crowning glory on your kitchen cabinets. However, that does not mean that you must spend a fortune on the hardware. Knobs can range from $1 to $100 and hinges from $1 to $15.  There is a huge range of prices so you can find your comfort zone within your budget. 

Install a backsplash with attractive, long-lasting materials 

Backsplashes look good and showcase not only the kitchen cabinets but also the countertops. There are a lot of different backsplash materials you can choose to create your perfect backsplash, but they aren’t all created equally. Depending on how much cooking you do, you’ll want to find a material that’s durable, stylish, and long-lasting.

Ceramic tile is very popular but it’s also costly, with the average price hovering at $5 to $100/sq. ft. However, you can pick a porcelain tile for $5 to $20/sq. ft. Also, why not cut costs by using large tiles that would usually be laid on floors as a backsplash? The bigger tiles require less grout and costly cutting. Deco-pieces like glass tiles are easy to fashion into eye-catching mosaics. 

Plan ahead by shopping around and doing some work yourself

Feel out your contractor’s schedule and get him at a slower time of year. Typically the middle of summer and the middle of winter are a little slower and could get you a better rate.

Next, check your local tile, stone, flooring, and bathroom fitting showrooms for odd lots. Odd lots are often left over or returned items. They’re just as good quality, but they go for rock bottom prices. The only catch is that what you see is what you get, so if you need 150 square feet of something, and they have 140, it won’t work. But, many times you can get lucky and find a thousand feet of something discontinued that you can get for pennies. This also goes for sinks and faucets – it really pays to check around, especially if you aren’t picky. 

If you need a small piece of stone for a vanity top, bar top, or table, also be sure to ask about remnants at the stone yard. 

Final thoughts

Yes, you can create the kitchen of your dreams on a shoestring budget with just a few of the ideas above. These tips to save in your kitchen remodel help you create an upscale remodel without spending an excessive amount of money. You can enjoy your beautiful kitchen while feeling good about the fact that you have potentially increased the value of your home, which is a great return on your real estate investment.

Message me if your thinking about selling your Fort Collins or Loveland home at m.me/EdPowersRealEstate

Ed Powers Real Estate 970-690-3113 ed@EdPowersRealEstate.com www.EdPowersRealEstate.com

Easy DIY Projects to up Your Curb Appeal

Easy DIY Projects to up Your Curb Appeal

With all this extra time at home, you may have been hard at work making updates to the inside of your Fort Collins or Loveland house to make it more comfortable or to add modern touches. But have you taken a good look at your curb appeal (or lack thereof) lately? This is a great time to address the front of your Fort Collins or Loveland home, and the good news is there are a bunch of updates you can make that are easy, affordable, and can be done without professional help. Here’s where to start.

Bring in seasonal color

Let’s be honest. Some of have a green thumb, and some of us don’t. But adding a little bit of seasonal color is easy and can lift your spirits every time you look outside. 

If you’re not sure you can pull off the steps needed to plant flowers in the actual yard, think potted. A planter placed near the door can add considerably to your curb appeal and only requires a small dollar commitment. 

Pull the weeds

Wow, your lawn! If you’ve been in the house for a month or more, you may not have noticed what’s going on out there. Grab the fam and head outside. Heed these tips to make it easier to get those weeds out. 

Depending on how bad the problem is, you may also want to consider a weed killer. Check out some good recommendations here

Add some mulch

Your yard may look nice and tidy but adding some fresh mulch around your trees and in your flowerbeds can take it up a notch. For about $3.50 a bag and a little elbow grease, you can make your front yard look like new.

Put in landscape lights

The right outdoor lights can enhance everything else you’ve got going on. We love this Hampton Bay eight-light set from Home Depot that offers “the option of three light colors—warm white, soft white, or daylight. On any of the 3 light color settings, it consumes over 80% less energy than a typical halogen light and has a rated life of 50,000 hours. The LED system provides maintenance free operation and there are no bulbs to change.”

Even better, “The quick-install wire connector means easy do-it-yourself installation that is quick and safe.”

Repaint your door

This is an easy task you can complete yourself, and one that will give your home a surprisingly potent refresh. Choose an unconventional color like yellow or teal for a splash of fun—but be sure to check with your HOA first so you don’t get in trouble. 

Repaint your house numbers

“This is more than an aesthetic issue,” said Realtor.com. “If your house is easy to find, help may arrive faster if there’s ever an emergency.”

Give your mailbox a facelift

Your mailbox probably isn’t the type of thing you pay a ton of attention to unless you’re focused on what’s inside of it. Get some inspiration for your mailbox makeover here.

Message me if your thinking about selling your Fort Collins or Loveland home at m.me/EdPowersRealEstate

Ed Powers Real Estate 970-690-3113 ed@EdPowersRealEstate.com www.EdPowersRealEstate.com

The Best Types of Paint for Indoor and Outdoor Stairs

The Best Types of Paint for Indoor and Outdoor Stairs

Freshly painted stairs add a special pop to any area of your Fort Collins or Loveland home or yard. Stairs are an often-overlooked place to let your interior design style shine. 

Refinishing stairs doesn’t have to be a daunting project. Whether you want to give your interior stairs a makeover or just fix the peeling paint on the back deck, there’s a perfect paint for the job.

Read on to learn what types of paint are best for freshening up your interior and exterior stairs. 

The Best Paint for Outdoor Stairs

Outdoor stairs undergo a lot of wear and tear. Not only do they have to stand up to frequent foot traffic, but they’re exposed to all kinds of weather, too. 

For that reason, you’ll need to use a highly durable paint. For wood stairs in particular, your best bet is 100% acrylic exterior paint. There are types of acrylic paint specifically for use on porches, floors, and exterior stairs. 

You’ll want to avoid paints with a very glossy finish. Semi-gloss and high-gloss paints can be slippery, especially when wet.

For the safest results, stick to a satin or eggshell finish. These finishes are glossy enough to resist stains and are easily cleaned, but they’re not so glossy as to be a slipping hazard. For extra safety, you can add a non-slip additive to your paint for extra texture and slip resistance. 

The Best Paint for Indoor Stairs

Although indoor stairs are more protected than outdoor stairs, they still need to withstand a lot of use. For that reason, 100% acrylic paint is also a good choice for indoor stairs. 

As for the best finishes, satin and eggshell are good choices. Indoor stairs can also benefit from semi-gloss paint, as it is easy to clean and won’t be as much of a slipping hazard. 

If you’re planning on painting your indoor stairs in different colors, you might consider different paint finishes, too. For example, you could paint the risers and spindles in a semi-gloss paint and use a lower luster paint for the railings and treads for increased safety.  

Paint Design Ideas for Refinishing Stairs

Once you’ve got the right paint for the job, it’s time to unleash your creativity. There are many interesting ways to paint your stairs to turn them from merely functional to completely fabulous. 

A classic stair painting technique is to paint the risers and spindles in a light color and the treads and railing in a complementary dark color. This approach looks crisp and creates a lot of visual interest. 

Like the look of a classic stair runner but don’t love the risk of tripping? Paint a runner down the center of your staircase for an eye-catching effect. 

Think outside the box in terms of color. You can also use creative methods like stencils and wallpaper. 

Refinishing Stairs for a Fresh, New Look

A fresh coat of paint is a simple way to instantly transform the look of your stairs and brighten the entire area around them. If you’re considering refinishing stairs in your home, it’s important to have all the right paints and tools for the job. That way, you’re sure to make your vision a reality.

Message me if your thinking about selling your Fort Collins or Loveland home at m.me/EdPowersRealEstate

Ed Powers Real Estate 970-690-3113 ed@EdPowersRealEstate.com www.EdPowersRealEstate.com