Will Having a Pool Help You Sell Your House?

March 15th, 2019

As far as value is concerned, having a pool is a hard feature to figure out. Therefore, you will find just as many realtors telling you how much a family would like one as the ones opposing this notion. Even though a home with a pool is a dream come true, the ability to sell your property depends on your expectations. This is because in most cases, having a pool is like purchasing a car, once its in your ownership, you might never get the full cost back. However, this doesn’t mean that there aren’t instances where your pool can help you sell your house.

How Swimming Pools Add Value

There is a huge difference between an above ground pool and an in-ground pool.  Even though an above ground pool is more costly and takes more time to install, it is a permanent investment and one of the real ways to add some value to your property. On the other hand, above-ground pools might be easy and cheaper to install but it might not necessarily provide any value when it comes to the resale of your house.

Why are Swimming Pools Tricky?

When it comes to getting a great price for your house, pools can be a hard sell. Swimming pools are a personal choice and people have a plethora of reasons for not wanting them as they do for wanting them.

Since you were the one who paid a hefty upfront cost, as an educated buyer, you are aware of the maintenance costs that go into owning a house with a swimming pool regardless of whether it is below or above ground. While pools can cost an average of $1,000 a year to maintain, research says that a well-marketed pool (mostly in-ground) can boost the value of your home to as much as 7%.

When Can a Pool Provide a Boost to Your Property’s Value?

There are two major things that can help you help you boost the sale of your home if you own a swimming pool. Here they are:

  1. Knowing Your Buyers

It is essential to know your target buyers when marketing your home for sale if it has a pool. According to research, health enthusiasts, high-end buyers and families with teenagers are most likely to invest in a house with a swimming pool. However, you should also know that not all families with children will be interested in a home with a pool. In fact, a great majority of families with young kids do not want pools. This is because they don’t want to maintain it or they see it as a safety problem.

Therefore, if you’re seeking to sell your home with a pool, then you should know that it might shrink your buyer pool thus taking longer than you anticipate to sell your home.

  1. Location

This is another thing that plays an obvious role when it comes to guaranteeing a buyers interest in your home if it has a pool. Buyers will debate on whether the purchase will enhance their quality of life or it will be an irritating and expensive extra for the summer season. For this reason, places that have warmer climates may be more ideal for homes with pools thus attracting interested buyers.

Whether you’re looking to buy or sell in the Bonnyville area, for a greater probability of success you need a dedicated professional. Gerry can guide you through the process and be counted on to protect your investment! Get in touch today!

How to Get Your House Ready to Sell

March 8th, 2019

Whether it is a family house where you’ve grown up or you just have inherited and created lots of beautiful memories, selling your home would be an emotional experience. However, if you want to sell your beautiful house, it’s essential to talk with a reliable real-estate agent who has experience in selling similar properties in your area. You can read reviews of the real estate agent online for a better idea. Or look for recommendations from your friends and family.   

There is no doubt that getting the house ready to sell needs a lot of work and it can be stressful as well! Here are some great tips that will help you get your house in a ready-to-sell condition.

Listing the Home for A Good Price

You need to evaluate the worth of your home, then you may consider asking 15% to 20% less. You’ll receive multiple bids from various buyers and get your desired price if you list it correctly the first time.

Work with An Experienced Realtor

You need to select a realtor who is well-informed about the market and can provide you with the complete selling process. They will monitor MLS (multiple listing services) regularly and keep you updated.

Take Attractive Photos for Your Listing

With social media and the internet, it’s really important to create a positive first impression. You can take some professional, high-quality photos for the online listing. It will definitely help you sell your property.

Clean up Your Walk-throughs

You have to perfectly clean your walk-throughs and keep the place clean as it is. Additionally, you need to keep your kitchen and bathrooms impeccable, mop and dust, and clean the windows and wall for a beautiful clean look.

Declutter and Depersonalize

If you make your space more personalized, it will reduce the possibility of selling it as the buyers don’t like to see your personal stuff-stash. Clutter includes keepsakes, travel items, collections and photos.

Remove All Your Polarizing Items

You have to polarize your religious and political items as well as pack your personal things in a single place. You shouldn’t show your religious and political beliefs to your potential buyers.

Organize Your Closet Space

Your buyers want to see everything in a single place and look for an organized closet space. You can put half of your belongings in a separate storage unit if you have too many clothing items.

Lights On!

You cannot show a dark house to your buyers. Clean the windows, open up your drapes, up your bulb’s wattage and swap out the lampshades to something more modern.

Make Minor Repairs

You can replace broken appliances, patch holes in your walls and change any damaged light bulbs. These minor repairs will change the entire look of you house.

No Pets Allowed

Not everyone is an animal lover. If a potential buyer smells a litter box, sees a dog bowl or animal fur around, then they may be turned off.

If you want to know how much your home is worth on the current market, check out Gerry Storoschuk, Bonnyville REALTOR® and his free home evaluation.

Why Staging Your Home before Selling is a Great Idea

March 1st, 2019

Staging your house before selling can be a time-consuming and expensive process. However, it is one of the easiest techniques to help sell your house quickly. Here are a few reasons why you should consider staging before selling your home:

Increases the Possibility of the Sale

Selling your house fast and for the best possible price is a priority. Staging the place before listing, increases the chances of a quick sale. The main point of staging your house is to make it look great. Potential buyers are a lot more likely to make an offer if you get your house stages by a professional.

Give Your House A Well-Maintained Look

During the inspection, buyers look at every aspect of your house. They want to feel comfortable and imagine themselves living there. Buyers also want to make sure that all their needs, from a structural standpoint, are met. They also look for small details that indicate the actual condition of your home. This makes it crucial to stage your house so it looks great during showings.

Helps You Advance-Pack

In order to have to best staging effect, all unnecessary objects need to be disposed of, and the entire area de-cluttered. Pack all your personal belongings and put them in storage. Clutter-free, de-personalized spaces help buyers imagine that they can live there. Staging makes the job of moving a lot easier, as you don’t have any last minute packing to get done when moving day comes around.

Adds Value to Your Home

Post the housing crisis, the prices of homes have decreased, making it much easier for buyers to decrease their offer price. If buyers notice a number of things that have to be replaced or repaired, it will not work in your favour. This makes staging a very important aspect while selling your house and improves the chances of you getting your asking price.

Adds To the Size of Your Home

Staging has a lot to do with space and decluttering. Arranging furniture pieces in a particular way helps increase the usable space of your house. This gives your buyers the illusion of the house being bigger than it actually is. Sellers are often surprised at the size of the house once the staging process is complete. This also helps create a great impact on potential buyers, as the one thing they don’t want is to feel cramped.

Additional Benefits of Staging

  • Allows buyers to visualize themselves in the apartment
  • Buyers will have a great first impression
  • Increases your chances over the competition
  • The buyers can have the housewarming party a lot sooner
  • Reduces expenses if you are working on a low budget
  • Buyers will enjoy staying there

By keeping these simple tips in mind while staging, you can create a great first impression on buyers and can sell your house without much effort. Staging your house also gives you a great space to live in until it gets sold. Call in expert stagers to help you throughout the process, and to make your job much easier.

Are you having troubles selling? Or are you just starting the process and not sure where to start? Get advice from an expert! Get In touch with Gerry Storoschuk, Bonnyville Realtor® and get your FREE home evaluation.

Tips to Help You Sell Your Home Fast

February 22nd, 2019

Every person that is looking to sell their home wants to ensure that it gets sold as quickly as possible. When a house languishes on the market for too long, it’s natural for people to wonder whether there’s something wrong with it, and this impacts the asking price. Here are a few tips that can help you sell your home fast:

Rent A Storage Unit For The Duration That House Is Put On The Market

You might feel that the simplest way to de-clutter all the areas in your house is to simply shove all the items into the closets and cabinets. However, this isn’t a good idea. A serious homebuyer will always want to check the storage spaces to ensure that they would be able to keep everything in an organized manner.

If your closet spaces seem crammed and chockablock with various things, prospective homebuyers may feel the house doesn’t have sufficient storage space. One of the best ways to overcome this problem is to rent a storage unit to keep all the things you don’t require while your house is on the market. Make sure your home looks neat and clean and rid of items that you aren’t using/don’t need.

Hire A Professional To Photograph And Stage Your Property

Professional home stagers have the experience to look at your house from the buyers’ perspective. They know exactly how to mask the flaws and highlight it’s salient features. The listing photos are important when it comes to creating a great first impression on buyers. Research indicates that properties which have more than six photos on their online listings have far greater chances of being viewed by buyers.

However, not every home buyer wants to get their home staged, and many may not have the budget for it either. You can get your real estate agent to walk through the house and look at it from a marketing standpoint. They would be able to give you a more objective view of whether it requires staging or not.

Hire An Experienced Real Estate Agent

It’s important that you conduct a certain amount of research on various local real estate agents. Compare them on the basis of their experience and the number of houses they have sold in the past. It important that you interview a few of them to understand whether they would be a good fit for you. They should be communicative and able to tell you exactly what buyers would like or dislike about your home.

This indicates they have solid knowledge and experience in this space. Check whether they hire professionals to take photographs of various areas of your house, to place on their site. Find out what digital marketing methods they use. Today, most prospective home buyers check social media and other sites to look for the right properties and your property needs to be listed there.

In addition to all these things, ensure that you to move all personal items from your house, make small repairs and minor upgrades, and do a certain amount of promotion yourself. It’s also important that you time the sale right. Typically, summer and spring are known to be the best times to sell.

If you’re looking to sell your home and want an experienced Real Estate Agent in Bonnyville, Alberta, look no further! Get in touch with Gerry Storoschuk, Bonnyville REALTOR® and get your home sold!

Things That Can Be Homebuyer Turnoffs

February 15th, 2019

Home buyers want the house to be in a pristine condition while they are inspecting it. A large majority of buyers may turn around and walk away if they notice any issues. Here is a list of things that can be a turnoff for homebuyers:

Unpleasant Odours

One of the biggest turnoffs for homebuyers is an unpleasant odour.  Cigarette smoke and pets or even the odour of mildew doesn’t create a good impression on buyers. Get rid of all unpleasant odours prior to the buyers’ visit. Ensure your house has a clean and fresh atmosphere.

Pets That Greet You at Doorways

Dogs often frighten many people or can even irritate some people. Buyers will have a better response if there are no animals present during the showings. Have someone look after your pet or ensure they are in a special enclosure or areas during showings. This shows you respect the homebuyers.

Untidy Bathrooms

Dirty or untidy bathrooms are a turnoff for many buyers. If you are keen on selling your house, scrubbing the tiles and grout, installing a new shower, adding fresh towels, and shower curtains are all crucial aspects to focus on.

Dim Rooms

Many homebuyers find dim and dark houses to be a turn-off. Brighten the house up by:

  •   Replacing dim lighting
  •   Installing new lighting fixtures
  •   Draw back the curtains and let the light stream in
  •   Install skylights if possible
  •   Repaint rooms to reflect light
  •   Trim the trees outside that keeps your house in shadows

Aside from these things, dirty windows can prove to be another turnoff for some buyers. Clean them inside out to help bring in additional sunlight. Consider replacing any broken windows, you can detect them by looking for fog residue that doesn’t come off.

Walls Covered With Wallpapers

Wallpapers too can prove to be a turnoff for many prospective buyers. People who enjoy putting up wallpapers may not like the wallpaper you have chosen. It is a personal touch that buyers want to add themselves. While selling your house, consider what the buyers might want. Their preferences matter much more than yours. Remove the existing wallpaper and paint the wall. Avoid painting over the wallpaper as it is easily noticeable and buyers know removing it is far more difficult.

Moisture in Basements

The damp smell in basements is an instant turnoff for many. This moisture buildup is a result of water pooling near the structure’s foundation. Some common reasons for this include:

  •   Clogged underground drains
  •   No existing rain gutters on the roofline
  •   Downspouts aimed in the wrong direction

Ill-Maintained Curb

In order to sell your house at the best possible price, start from the curb. Many buyers refuse to inspect houses that have old or peeling paint, ill-maintained yard or sagging doors, fix the doors and the yard to get buyers interested in your house.

Sellers Present At Showings

Consider leaving the house when buyers visit. Being present during showings makes them uncomfortable when they’re inspecting closets and other rooms. Give the buyer space to move around and check out everything without feeling uncomfortable or awkward.

By avoiding these potential turnoffs while selling your house, you can ensure that potential buyers have a more positive feel about your property, increasing the chances of a sale.

Need help selling your home? Get in touch with Gerry Storoschuk and get your home sold today!

The Best Way To Interview Your Prospective Real Estate Agent

February 8th, 2019

A smart home seller will always conduct research and interview a few potential real estate agents before finally deciding which one will be a good fit. But just as you are doing this, keep in mind that the real estate agent will be forming their judgment as well. It’s important that you be wary of why-use-a-realtorprofessionals that seem disinterested, don’t seem eager for your motivation or don’t ask questions.

Not every real estate agent will welcome the idea of being interviewed by potential clients and very well-established, top agents will not fill out surveys either. Here we take a look at some questions you can ask prospective real estate agents:

How Much Experience Do You Have In This Industry?

While it’s true that experienced agents will be more knowledgeable and have better skills related to buying and selling properties, it doesn’t mean that newly licensed agents don’t have the same abilities. The training they receive and whether they’ve been mentored by competent professionals have a lot to do with the quality of services they provide.

A newbie will have far more time to dedicate to you. However, if he is holding down another job, he might be strapped for time and won’t be able to concentrate as much. This is something you should be asking the agent you interview. An agent that has completed more sales will also have deeper knowledge.

What is the Marketing Strategy You Have Planned For My Requirements?

When you are selling a home, you need to know exactly how the agent plans to go about it. Which avenues will they use to advertise and are they using direct mail or just focusing on online listings and digital marketing techniques? What measures are they taking in order to prepare your property for sale?

Could You Please Provide Some References?

It’s rare to find a real estate agent but cannot provide references. Even a new agent will be able to provide references from their previous employer/s. It’s important that you ask for these references and make it a point to call some of these previous clients to get a better understanding of the services of professional provides. If the real estate agent is well established and has a number of reviews online, you might not need these references at all. As mentioned before, an experienced agent might take affront to the fact that you are asking them for references. However, it is important that you get all your doubts clarified before you hire an agent.

Accessibility And Communication

These are very important aspects, and you need to be assured the real estate agent you work with is easily accessible. Find out whether they are good communicators and if they use your preferred form of communication such as e-mail, message or phone.

The other aspect to keep in view is that the real estate agent you eventually work with should also be in sync with your requirements. After all, they would be interacting with you for a certain period of time, and you want the association to be amicable and fruitful.

If you’re looking for a realtor that can provide you with the tools to sell your home, or find your next dream home, look no further! Get In Touch with Gerry Storoschuk, Bonnyville REALTOR® today!

Signs That You Have Finally Found the Right House

February 1st, 2019

When home buyers are looking for their first home, many feel that they will make the wrong decision. They also wonder exactly how they will know whether they have found the right house for their needs. Here are some signs that you have finally found the house of your dreams:

You Feel Encouraged To Enter The House

Looking for a house can be quite an exciting time and part of that excitement comes from not ready knowing which house can be your new home when you drive up to the curb. Sometimes, when you approach a particular house you have a gut feeling that it’s the one for you, and that can be a sign. It means there’s something special about this house that attracts you to it and its curb appeal talks to you.

You feel a sense of comfort the moment you enter the house

It isn’t difficult for you to sense whether the house is welcoming on not. All it takes is a few seconds to know whether a house that you have entered feels comforting and warm. Do the spaces speak to you and look inviting? Do you feel encouraged to explore the space and does it feel just right? If yes then it probably is the house that you will eventually end up buying.

The Bathroom Spaces Feel Good Too

There are times when prospective home buyers feel extremely uncomfortable when they approach the bathroom areas and they won’t walk into the bathroom at all. They simply stand outside and don’t feel inclined to walk in and look around or check the fittings and fixtures. However, if you walk into a bathroom and feel the urge to run your hands over the vanity granite or even open the shower stall, this may be the house for you.

You Feel Very Possessive About A Particular House

Sometimes an agent will point out a particular flaw and says something like ‘The frame is askew’ and you take personal affront to it. You can’t stand the idea that someone has something negative to say about the house. Even when you are aware of and notice the flaws, these aren’t really important because the house has appealed to your senses.

You Start To Envision How Your Furniture Will Fit In

If you walk into the living room space in a house and immediately begin to envision your comfortable couch in a particular spot, it might be the house for you. You may find feel that your outdoor chaise will fit beautifully next to the fire pit by the poolside or that the space under the stairway will be perfect to put up your Christmas tree. All of these are signs that you’re hooked!!

It isn’t possible that a particular house would have every single feature you expect it to have. But as long as it has all the basic requirements, it means you might have just zeroed-in on your future home.

If you are in the market for a new home in the Bonnyville area, get in touch with Gerry Storoschuk, Bonnyville REALTOR®

How To Get the Best Deal On Your New Home

December 28th, 2018

When you’re planning to buy a new home, it’s obvious you want one that suits your needs. But you also want to make sure you are getting the best deal on your new home. Here are some things you can do up your chances of getting the house of your dreams at a very good price.

  1. Get Your Finances in Place

This is one of the very first steps to take. It’s important that you start looking for a home only after you have gotten your finances in order. Your buying offer will be far more persuasive when it includes a mortgage pre-approval. Well-established real estate agents don’t show homes to potential buyers until they have been pre-approved. In some cases, this process can take several months, which is why it’s important to focus on getting pre-approval before you start house-hunting.

  1. Make Sure Your Offer Isn’t Based On The Listing Price, But The Value Of The Home

Be aware of what the recent sale prices in that neighbourhood have been. This information will help you judge what the value of a house is. For example, if the price of a certain property is already lower than the market value, it isn’t likely the homeowners will be interested in an offer that’s below their asking price. If you find the price of a house that’s been on the market for quite a while, is very high, you may be able to quote a lower offer price and get a good deal. This is why it becomes important to work with a good real estate agent- they have good knowledge and the latest information about house sales.

  1. Act Quickly Once You See Home You Like

When properties are listed on the market, they tend to get sold quickly. In a seller’s market, it’s important that your first offer be your best one. Taking too many chances only increases the possibility of you striking out. This is because there will always be buyers that make lower offers when they miss out on the first few properties they look at.

  1. A Home Inspection Doesn’t Guarantee Price Negotiation

Most prospective homeowners are now waking up to the advantages of getting a home inspection done before committing to purchase a property. However, it’s a common misconception that a home inspection automatically opens the doors to price negotiations. If the building inspector’s report indicates there are major problems, it’s definitely acceptable for you to lower your offer price.

But if the market is very tight, you may not always get a credit. Today, it’s unlikely for sellers to carry out major repairs, and it’s far better to simply ask for a credit at the point of closing. This means you can hire a contractor and get the work done as per your needs.

The best way to improve your chances of getting a good deal is to be aware of the seller’s circumstances. Find out why they’re moving and whether they are in a hurry to do so etc. This can give you the upper hand when you are making an offer on a house you particularly like.

Whether you’re looking to buy or sell in the Bonnyville area, for a greater probability of success you need a dedicated professional. I can guide you through the process and be counted on to protect your investment!

 

Home Improvements that Can Up the Value of your Property before Sale

December 21st, 2018

Many property owners take up remodelling and renovation projects to spruce up the appearance of their home. The challenge of working on something that big is what gets them excited. In addition, it also adds to the beauty and comfort factor of your property. This drives up its real estate value when it’s time to sell. Here are a few pointers to improve your home before selling:

Tidy up Your Bathroom

It isn’t necessary to have a complete makeover, but adding new fixtures such as exhaust fans, new paint, and new lighting fixtures will prove to be effective during the sale.

New Flooring

Adding new flooring gives your house a completely new look. Consider using materials like hardwood, laminates and tile floors, as they are relatively easy to clean, and dirt & dust do not adhere to these surfaces. In addition, it also adds a warm feel to the house and will prove to be a great investment.

Add a Unique Touch

Using mid-century or retro designs is extremely trendy and will add a unique touch to your house. Hang a unique barn-door rather than a regular closet door or updating the lighting fixtures by adding Edison bulbs will be a great addition. Consider updating the walls by using brick or wood tiles. Such DIY projects are easy to complete without the need of professionals.

Add a New Floor Plan

One of the main things that can be a major turnoff for potential buyers is the layout. Typically, buyers tend to look for houses with an open floor plan, where the kitchen is directly accessible from the family room. However, taking this up as a DIY project isn’t advisable, as knocking down a wall or two requires specialized tools and the skills of a contractor.

Upgrade Your Shower

Improve your knowledge of trends regarding shower renovations. People today, prefer smaller tubs with a larger and better shower. This will instantly catch the buyer’s attention and is also a great investment.

Include Energy-Efficient Products

Adding energy efficient features to your house can increase its value greatly. Use CFL bulbs to replace existing ones. Buy appliances that conserve energy. Do this by replacing toilets & showers with low-flow features. Add energy efficient windows by replacing the old ones with double or triple-paned modern windows. Upgrade to a programmable thermostat, this allows you to turn down the heat automatically.

Roof Replacement

If the house is over 20 years old, you need to consider replacing the roof with a new one. Even if there are no visible problems like leakages or other issues, replacing the roof will help increase the resale value of your house. Consider choosing energy-efficient roofs like the white metal roof which is around 60 percent cooler than your average black asphalt roof.

Improve the Curb Appeal

Home buyers simply walk away from houses that lack curb appeal. To avoid facing this, consider having a well-maintained lawn and an eye-catching front door. In addition, cleanup and upgrade various features of your landscape, replace the old mailbox. Adding plants near the front door adds a welcoming touch to your house.

Include these simple tips while improving the features of your house to add to the value of your property.

Whether you’re looking to buy or sell in the Bonnyville area, for a greater probability of success you need a dedicated professional. I can guide you through the process and be counted on to protect your investment!

 

Aspects To Keep In Mind While Working With a Real Estate Agent

December 14th, 2018

Most people that are selling their property feel that it would be advantageous to hire the services of a good real estate agent. But a large percentage of them also feel that it can be quite challenging to find one that ticks all the boxes. Here are some basic things to keep in view while hiring and working with a real estate agent:

  1. Conduct Some Market Research

It’s important that you carry out some research in your local area. Either walk around or drive through the neighbourhood and keep an eye out for real estate signs (especially ones that have ‘sold’ written on them). Check which agents’ names show up more often on these signs. Many people hire a selling agent based on the recognition the professional has in their community.

  1. Meet with the Agent in Person

Make it a point to walk into open houses in your local area. Pay attention to how the agent deals with potential buyers. It’s also important that you take some time to personally interact with the agent, rather than simply taking a business card and leaving. The aspects to look out for are — a professional attitude and a great personality. Many people find agents at open houses they have attended.

  1. Read Ratings and Reviews Online

Today, it isn’t difficult to find reviews for real estate agents online. Once you have identified a few agents, conduct an online search and read reviews and customer testimonials, check what their ratings are. Read what the agent’s previous clients are saying about the services offered. It’s also important to note the manner in which the agent responds to any negative reviews.

  1. Referrals Are A Great Way to Go

Personal referrals from family members or friends are probably one of the best ways to find a great real estate agent. More than one in five home sellers find agents via referrals from family, friends, colleagues or neighbours.

  1. Meet with Multiple Agents

Interview at least three real estate agents. It’s never a good idea to settle for the first one you come across. A majority of home sellers end up contacting only one agent. However, when you discuss your requirements with multiple agents, it gives you the chance to compare their services, personality, and approach and decide which one you find best suited to your needs. If you have got some referrals, meet with at least three of them and ask them the exact same questions to judge whether you can work with them.

In addition to all these things, it’s also important that you set clear expectations when hiring an agent. Explain what your communication preferences are and make sure the professional is easily accessible as well. Following these basic tips will help you zero in on a real agent that would be a good fit – like me, Gerry Storoschuk!

Whether you’re looking to buy or sell in the Bonnyville area, for a greater probability of success you need a dedicated professional. I can guide you through the process and be counted on to protect your investment!