Friday, January 13, 2012

Home Projects To Complete Before You Put Your House On The Market

The goal of every home seller is to sell his or her home as efficiently as possible for the highest price. Every seller should clean and stage their home for potential buyers, but see below for what projects should be completed before you put your home on the market.
If it’s broke, fix it - This is crucial in the selling process. Repair the broken cabinet or loose railing before buyers view your home. Damage detracts from your home and may make buyers question what else you have not maintained.
Shades of grey - Interior paint is inexpensive and revitalizes a space. Covering scratches or wear and tear with fresh neutral paint is aesthetically pleasing and even creates that ‘new home’ look and smell!
Floored! - Transform your space by refinishing wood floors, updating tile or professionally cleaning any carpeting.
First impressions - Consider replacing your front door, as this is an investment that often pays for itself in the final price of your home.
Subtle accents - Fixtures and hardware, such as cabinet knobs, faucets, light fixtures and door handles can be relatively inexpensive and done without a professional.
Clear view - Upgrading old windows throughout a home makes a big difference both inside and out.
Keep up the façade - Garage doors often account for a large percentage of a home’s front façade. Similar to the front door, homeowners who upgrade or update their garage doors, may see a good return on their investment.

How To Sell Your Home In A Buyers Market

In today’s buyer’s market it is crucial for sellers to make their home as appealing as possible. Here are ideas that may put your house above the competition in this market.
Don’t forget the outdoors when it comes to staging. Remember, curb appeal goes a long way and creates a lasting first impression. Refresh your landscaping, entryways and even outdoor décor to maximize the space. The warmer seasons really let you showcase the outdoor potential of your home.
Be realistic and flexible. It is a buyer’s market, so you may need to price your property aggressively. Weigh offers with an open mind and be willing to negotiate.
Get a pre-sale inspection. Any necessary repairs will be brought to your attention and if there are none, a clean home inspection report is a selling advantage. Also, this eliminates the possibility of delays in the closing process once you’ve accepted an offer.
Sweat the small stuff. De-clutter the garage, repaint the doorframes, caulk the tub, replace burnt out light bulbs, fix leaky faucets or creaky doors-don’t let these small, inexpensive repairs detract from the overall value of your home.
Add value to your property with incentives. Offer to pay for inspections, or even offer allowances such as flooring, (if the carpet is worn or wood needs to be refinished) paint allowance, or some other upgrade that would be enticing to buyers.

Monday, January 2, 2012

Happy New Year!!!

Welcome to 2012

Plainview Old-Bethpage Year in Review

The Plainview Old-Bethpage real estate statistics for 2011.

There were 228 sales this year with the average home selling for $497,563 .

The low was $260k and the high was 1,275,000.

The average days on market a little over 3 months 100 to be exact.

192 of these real estate sales were in the town of Plainview, NY and 36 were in Old-Bethpage.

Compared to the last years closings which showed 217 transactions. 189 in Plainview and the remaining 28 real estate sales in Old-Bethpage.

The average closing price for 2010 was $502,950, the low recorded at $275k and the high at $1,275,000

*data from Stratus