Comox Valley Real Estate News Blog

Oct. 1, 2022

Is it worth it to professionally stage your home?

To put it simply, staging a home means rearranging and preparing your home for a potential buyer.

The goal is to make the home as appealing as possible and presenting it in a way so that the buyer can picture themselves living there. Think of those gorgeous homes you see in a magazine or online. Those homes have been professionally staged with the intention to paint it in a light so that a buyer will aspire to live there. When the market is hot, buyers tend to buy off of first impression and emotion. That’s where staging comes in handy.

According to the National Association of Realtors, “31% of buyers increased their offer on a home 1-5% because the home was staged. 77% of buyers felt more able to see themselves moving into a staged home, and 40% were more willing to get in the car and visit a staged online find.”

 

Ways to stage your home:

 

·      Rearranging furniture to a better layout.

·      Clean and declutter the room to give the illusion of more space.

·      Depersonalizing the space: getting rid of family photos, trophies etc.

·      Updating decor: painting, swapping out pillows, changing floors etc.

·      Repairs: fixing a lightbulb, other maintenance, etc.

 

 

Benefits of staging:

 

·      Increases the selling price.

·      Makes the home stand out.

·      Makes the house look livable as opposed to selling a vacant house.

·      Focuses on the potential of the home.

·      Makes the home seem newer and move-in ready.

·      Offers a new perspective on the home.

·      Minimizes the negatives of the home and accentuates the positives.

·      Creates an emotional connection with the buyer.

 

 

Staging is not required as it is an investment but, in most cases, will pay off when selling your home. It helps create a blank canvas for the buyer and tug on their heart strings to create an emotional connection. At the end of the day, staging is up to the seller but has proven itself to be a beneficial marketing strategy for all parties.

Posted in Selling Your Home
Sept. 15, 2022

What makes a luxury home?

When looking through real estate, you’ll often see the term “luxury home” pop up. Many people assume a luxury home is categorized by the price of it, however, there are many important factors as to what describes a luxury home. A luxury home typically takes longer to build as there is a lot that goes behind the scenes to design it, build it, and give it that ‘lux’ feel.

 

Aspects of a luxury home:

Prime Location – You can have the most beautiful home but if the location isn’t in a luxury setting, you lose the luxurious feel. Where you live has an impact on your quality of life. A luxury home will be in a desirable neighbourhood, have lots of privacy, and be located in a quieter community.

Views – A luxury home will have a spectacular view of some kind. This could be a view of vineyards, lakes, mountains, or on the waterfront.

Kitchen – The kitchen is one of the most important spaces as it is the heart of the home. A luxury home will typically have a high-end kitchen that’s a custom build, equipped with top of the line appliances, upscale finishes, walk in pantries, large fridges, and more to give it that lavish feel.

Amenities – A luxury home is equipped with all sorts of amenities. Anything from movie theatres, an outdoor kitchen, tennis court, swimming pool, wine cellar, home gym, and other ways for entertaining their guests. Amenities give a home that “it” factor.

High end quality – Of course you want a home to aesthetically look nice, but it’s just as important that the functionality is high end as well. A luxury home owner wants the best of the best and will use a qualified designer and contractor using premium building materials and high-end appliances for that professional finish.

Square footage – Size matters. More space allows for more unique designs and one a of kind features. A luxury home will typically have a bigger floor plan as it increases the property’s value. Other characteristics are a grand staircase, large entrance, multiple garages, high ceilings, and spacious rooms.

 

Everybody has a different perspective of what a luxury home looks like and although it can be defined differently, it all comes down to functionality, quality, and aesthetic.

 

Posted in Real Estate News
Sept. 1, 2022

4 tips for selling your home in the Fall

With summer coming to a close, it’s time to prepare for another season of change, Fall!

Fall is a great season to sell real estate as you can strategically stage your home to make it attractive to buyers. Here are 4 design trends to incorporate into your home for this Fall:

 

1.   Natural Light

As the days are starting to get shorter, it’s important to welcome natural lighting into your space so that it doesn’t feel gloomy. Pull back the blinds, add mirrors to reflect light, and add opaque curtains. Natural light makes the space feel much airier and open which is crucial for selling.

2.   Natural Hues

Incorporate earthy, neutral tones such as tan, cream, and other muted colors to create a warm, cozy vibe. Vibrant colors you can save for accent tones or artwork. If you’re trying to sell, you want to give the illusion of warmth and comfort as we’re heading into the cooler months.

3.   Fall Décor

As mentioned, the goal is to make your property cozy and inviting, so adding little touches like a new area rug, a textured throw blanket, seasonal scents, or accentuating the fireplace are all great ways to give your home some flare.

4.   Minimalism

A decluttered, clean look is the way to go! Seasonal décor is great but less is more. Make sure you give your chimney a sweep through as the fire place can be a major selling point. Also ensure you clean up the leaves so that your front yard looks appealing and well kept.

 

There we have it! Families are back from summer vacation and kids are back to school which makes the perfect time to create some Autumn appeal for your home.  

Posted in Selling Your Home
Aug. 15, 2022

How to prep your home for the market

Are you thinking about selling your home? It’s not fun when you get to the negotiating table and you find out you’re unprepared. With the right preparation, you can set your home up for success!

 

Check out these 7 tips to get your house ready for sale.

 

 

 

1.    Depersonalize and declutter

 

You want to make your home a blank state so that buyers can envision themselves living there. Remove the junk mail off the counter, the children’s homework off the table, and anything else that can be distracting.

 

2.    Deep clean

 

Hire a professional cleaner or clean it thoroughly yourself so you can make that lasting first impression. Buyers will notice dusty fans, dirty trash cans, stained baseboards, dirty windows and other neglected areas of your home.

 

3.    Spruce up + touch up

 

Incorporate plants, update the light fixtures and make sure the front entrance and front yard looks inviting. Refreshing the paint on the walls can also go a long way.

 

4.    Make necessary repairs

 

All those things you’ve been avoiding, it’s time to fix them. Change light bulbs, fix the leaking kitchen faucet and any chipped or cracked flooring.

 

5.    Make your home smell good

 

Put away the litter box, eliminate pet smells, wash the carpets, and get rid of any other unpleasant odours. Try baking right before hand, lighting a candle, and opening up the windows so your home smells fresh.

 

6.    Secure a great real estate team

 

Hire a real estate agent, photographer, and other professional help. The results will speak for themselves!

 

7.    Get a pre-listing home inspection

 

Fix any problems you missed before you list. This is one way you can ensure you get top dollar for your home!

 

 

 

Getting your home ready is a big job. By following these tips, you’ll have a sold sign on your front lawn before you know it!

Posted in Selling Your Home
Aug. 1, 2022

8 Ways to Stage Your Closet to Sell Your Home Faster

Minimalism is your friend when selling your home! It is so important to organize your closets and storage to make a good impression. Although these spaces may not appear to be of much importance, closets and storage can make or break a home for a buyer. Here are 8 tips to make your closets look appealing for potential buyers.

 

1.    Ensure the floor is cleared. Remove anything off the ground such as shoes or boxes.

2.    Brighten up the space with light fixtures or paint the walls white. You don’t want the space to look dark and uninviting.

3.    Make sure all the clothing hangers match and face the same way. Try pick something timeless like wooden hangers.

4.    Remove unnecessary items from view. Just because people are looking at your closets, doesn’t mean you need to put everything you own on display. You can strategically store them in the attic, neatly in the garage, or pack them in a suitcase.

5.    Coordinate your clothes. To go the extra mile, organize your clothing by color and into sections such as dresses, sweaters, and other categories.

6.    Pack away all your old, ragged clothing and choose your nicer looking clothing to be at the forefront. There’s no point in having stained, faded, or ripped clothing on display.

7.    Try installing an organizer system! Storage cubes, baskets, and shelving units are key in organizing any space in your home.

 

8.    Tuck away valuables. Hide private and confidential information so they’re not in view such as passports, important documents, or cash.

 

 

 

One of the biggest “must-haves” for buyers is a home with lots of storage. You want to create the illusion that your home has tons of space and help them envision themselves in it. Even if your home has all the space in the world, if you don’t stage it properly, it can make potential buyers think otherwise.

Make your organized closets a reason to buy your home! By following these tips, you will be sure to impress your buyers.

Posted in Home Tips
July 15, 2022

Tips for a smooth move

The big day is finally here, congrats!

Moving is inevitable at one point or another and can be extremely overwhelming. Taking some necessary steps will make the transition to your new home much more enjoyable. Here are some tips to make your move a smooth one!

 

1.    Start Early

Do not leave moving to the last minute. Start earlier than you would think so that you don’t stress yourself out when it comes to moving day.

2.    Determine your strategy

Are you using professional movers? Are you renting a U-haul? Are you doing it yourself with friends and family? Moving is a big job and isn’t something you can do alone. Be sure to hire somebody right away or recruit the help you need.

3.    Reuse boxes

What are you planning on putting your belongings in? Prior to your move, grab a few boxes the next time you’re at the grocery store and any other moving supplies you may need.

4.    Labelling your moving boxes

Labelling all your boxes will save you later on when you’re trying to find something specific. Try to label them all the same way. Taking photos also helps, especially when it comes to electronics so you can remember how things were put together before.

5.    Prepare your moving day bag

This one is super important. On the day of your move, make sure to put aside the essentials you need i.e. toiletry bag, garbage bags, change of clothes etc.

6.    Purge + declutter

Purging and organizing will make your move a lot easier. There’s no sense in bringing anything that you don’t need anymore. Determine if you’re going to sell, donate, or take any of your belongings to the landfill.

7.    Give yourself time

We’ll say it time and time again. Last minute things always come up when you’re moving so make sure you give yourself lots of time. You can think you’ve prepared yourself but there are always things that can come up.

8.    Stay hydrated and eat

It’s so easy to engross yourself in moving that you forget to take short breaks and eat snacks. Moving is very physical so it can take a lot out of you!

9.    Unloading process

It’s very important to supervise the unloading process. You don’t want to be rummaging through your new house trying to find certain things. Make sure you know where your important documents and valuables are going.

10.  Book the new house set up

Don’t forget to set up your Internet, TV, and other utilities so that when moving day comes, this is all ready to go!

 

Happy moving!

 

Posted in Home Tips
July 1, 2022

Do I need to get a home inspection on a new home?

In short, the answer is yes. Brand new developments are popping up all over the Comox Valley. Buying a new house is serious business and there are misconceptions that new homes are flawless in comparison to older builds.

 

A professional home inspection is a third-party evaluation that covers everything from the foundation, plumbing, electrical, fire safety, or anything else in the home that appears to be at risk.

 

When purchasing an older house, it is a no brainer to obtain an inspection. But why should one bother to order a home inspection if everything is built from scratch?

 

Here are 4 benefits to getting a home inspection for a new home:

 

 

1.   Discover any hidden issues in the home

 

Newer homes might not possess the same problems as older homes such as hidden mold, failing heat systems, faulty foundation, and more. However, problems can still occur. Inspections in a new home can detect leaks, electrical wiring issues, grade sloping, insulation defects, and much more.  

 

 

2.   Contractors can work too fast on the job

More instances than not, contractors are working for speed and at a price, which can unfortunately mean working for the bare minimum and not following code. It is common for contractors to be working on a variety of projects and rushing from job site to job site. They’re also human and humans can make mistakes. The benefit of the inspection can ensure that nothing was overlooked in the building process.

 

 

3.   A new home has never been lived in

 

If you are moving into a new build, chances are you will be the first one to live in the home. But with that, you are the guinea pig that will be testing it out. For example, analyzing how the home holds out during a storm or how severe the wear and tear will be.

 

 

4.   New builds are in new development areas

 

In many cases, new homes are built in a new area where there is lots of construction. Contractors can be working on multiple homes for months at a time and therefore, overworked which can result in overlooking different areas of the job.

 

The bottom line is to never assume that your new build was built perfectly. Yes, inspections can be costly but new homes can have problems too! It doesn’t hurt to assess to make sure it is up to expected standards as at the end of the day, nothing is more important than living in a safe environment.

Posted in Home Tips
June 1, 2022

Advice for First Time Home Buyers

So, you're finally ready to take the plunge and buy your first home! Congratulations! This is a huge accomplishment, and there's a lot to think about before you get started. In this blog post, we'll give you some advice for first-time homebuyers on what to do and what to expect. Buying a home can be stressful, but it's also an exciting experience. With the right preparation, you can make it as smooth as possible! 

Pre-approval

One of the first things you should do is get pre-approved for a mortgage. This will give you an idea of how much money you can borrow and what your monthly payments will be. It's also a good idea to start saving up for a down payment and closing costs. These can add up quickly, so it's best to be prepared.

Know your Budget

When you're ready to start looking for homes, it's important to know your budget and what you're looking for in a home. Take some time to sit down and make a list of must-haves and nice-to-haves. This will help you narrow down your search and avoid getting overwhelmed by all of the options out there.

Work with a Realtor

A realtor can be a great resource when you're buying a home. They'll help you find homes that match your criteria and can give you advice on the home-buying process. It's important to find a realtor that you trust and feel comfortable working with.

Be Prepared for the Unexpected

There's always the possibility that something could go wrong during the home-buying process. Be prepared for things like inspections that come back with problems or issues with your mortgage approval. If something does happen, try to stay calm and work with your realtor to figure out a solution.

 

The home-buying process can be daunting, but it doesn't have to be. With a little preparation and the right team on your side, you can find the perfect home for you and your family. Contact The Bryce Hanson Team today to get started! We're here to help you every step of the way. 

Posted in Buying a Home
May 20, 2022

Benefits of a Loan Pre-Approval

Benefits of a Loan Pre-Approval 

 

Are you in the market for a new home? If so, one of the most important things you can do is get a loan pre-approval. A pre-approval will give you an idea of how much money you can borrow and will help speed up the home buying process. Don’t forget this step! Get ahead early if you’re thinking about buying a home!

 

How does getting a loan pre-approval help? Read on to find out!

Know how much you can borrow 

One of the main benefits of getting a loan pre-approval is that it will give you an idea of how much money you can borrow. This is important because it will help you narrow down your search to homes that are within your budget.

 

Speed up the process

Hoping to buy a home quickly? Another benefit of getting a loan pre-approval is that it can speed up the home buying process. Once you have a pre-approval, sellers will know that you are serious about buying a home and they may be more willing to negotiate on price and terms.

 

Possible lower interest rate

A loan pre-approval can also help you get a lower interest rate on your loan. Lenders often offer lower interest rates to borrowers who have been pre-approved for a loan.

 

Get an idea of monthly payments 

A loan pre-approval will also give you an idea of your monthly payments. This is important because it will help you budget for your new home.

 

Peace of Mind

Finally, a loan pre-approval can give you peace of mind. Once you have been pre-approved for a loan, you will know that you are qualified to buy a home and this can help relieve some of the stress that comes with the home buying process.

 

If you are in the market for a new home, we encourage you to get a loan pre-approval. A pre-approval will give you an idea of how much money you can borrow and can help make the process a smooth and seamless one. 

 

Looking at buying or selling a home? The Bryce Hanson Team has the experience you need to ensure the process is a smooth and enjoyable one, with a team you can depend on. Reach out to us today!

Posted in Buying a Home
May 3, 2022

Why you should work with a Realtor

Why you should work with a Realtor

 

When you’re buying or selling a home, working with a realtor is a smart choice. Realtors are experts in the field and can help make the process easier for you.  Whether you are a first-time home buyer or you are looking to purchase additional properties there are many reasons why you should work with a realtor when buying or selling. By working with a realtor you will be able to have someone you can rely on throughout the entire process – from finding the perfect home to closing on the deal. Working with a realtor provides peace of mind and takes the stress out of buying or selling a home.

 

Paperwork

When you are buying or selling a home, the process can be complicated and there is a lot of paperwork involved. A realtor can help make sure everything is in order and that all the paperwork is correct. They can also help with any other paperwork that may be involved in the process, such as mortgage paperwork or title work. Having a realtor help with these things can make the process of buying or selling a home much easier.  

 

Trust 

When you are working with a realtor, you can be confident that they have your best interests in mind. Realtors are experienced professionals who will work hard to get you the best deal possible on your home. They know the ins and outs of the business and will negotiate on your behalf. You can trust that a realtor will do everything they can to help you buy or sell your home. 

 

Experience pricing homes 

Pricing a home correctly is important to sell it quickly and for the right price. A realtor has experience doing this and knows how to price a home so that it will sell quickly and for a great price. This can save you a lot of time and money in the long run.

 

Negotiation

When buying or selling a home, the price is often negotiable. A realtor can help you negotiate the best possible price for your home. Knowing that you have a trusted professional on your side through negotiations can take a weight off your shoulders. 

 

Peace of Mind

Buying or selling is a big decision and can be a stressful process. A realtor can provide peace of mind throughout the entire process. They will help to take the stress out of buying or selling and will be there for you every step of the way. They can help guide you through the process, answer any questions you may have, and offer advice when needed. 

 

If you are ready to start working with a realtor, contact us today. We would be happy to help you find the perfect home or sell your current one! The Bryce Hanson Team is made up of experienced and professional realtors who are ready to help you through the process!