Home Improvements that Give You the Most (and Worst) Bang for your Buck

Dream Coldwell Banker

Before you begin a home remodeling project, take a moment to consider its potential return on investment. If you are planning on staying in your home for more than ten years improvements should be made for your enjoyment and use.  But, if you are thinking of selling sooner than later, you may want to choose projects that will give you a higher return.

“A Realtor can help homeowners decide what improvements will provide the most return when it comes time to sell,” said Fran Broude, president of Coldwell Banker Residential Brokerage.  “Each neighborhood is different, and the desirability and resale value of a particular remodeling project varies depending on where you live.” The 2013 Remodeling Cost vs. Value Report by Remodeling Magazine reviews the percentage of a home improvement project’s costs likely to be recouped when the property is sold. Not all projects are created equal.

Five Best “Bang for…

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First Time Homebuyers: To Buy or to Rent a Home?

At home with the Colemans

newbuyersCOLDWELL BANKER OFFERS FOUR QUESTIONS TO CONSIDER WHEN DECIDING WHETHER TO BUY OR RENT A HOME

“To buy or to rent?” Recent graduates, young couples, relocating professionals and others have all asked themselves this question at one point or another. While each option has its benefits, the decision to purchase an apartment, condominium or house as opposed to renting, is complex and based on a number of factors. According to a recent survey from the National Association of Realtors, nearly eight out of 10 respondents believe buying a home today is a good financial decision. The question that remains is whether or not now is the right time to buy a home for you.

For most people, deciding to buy a home is the largest financial decision of their lifetime. Before making the jump into homeownership, potential home buyers should consider the “soft” lifestyle issues as well as…

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10 Interesting Facts About the Housing Market

Dream Coldwell Banker

Guest blogger: Dick Greenwood, Director, Builder Marketing

Buying Vs Selling Two-Way Street Sign

  1. At today’s prices and rents, buying would be cheaper than renting until the 30-year fixed rate mortgage reaches 10.5%. (Source: Trulia)
  2. Even at a 5% fixed rate, buying would be 34% cheaper than renting. (Source:Trulia)
  3. Prices have increased so much that homeowners with negative equity have fallen to less than 20% of all borrowers. (Source: Bloomberg)
  4. “Flash sales” are happening in the Chicagoland market. Flash sales are when a home is sold within 24 hours of listing. This is because of the use of technology, especially instant mobile alerts for new listings. Gone forever are the days of waiting two weeks for the 10 pound “MLS” book to be printed. (Source: Wall Street Journal)
  5. Buyer competition is so stiff that in some markets we are seeing a quarter of the sales going for more than asking price! (Source: Orlando Sentinel)
  6. Dick GreenwoodNationally this spring home prices rose to…

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Achieving Curb Appeal with the Wow Factor

Dream Coldwell Banker

When it comes to selling your home, you always want it to stand apart from the competition. This is why the wow factor is so important in today’s market. The outside of your home is the first thing gives visitors an impression of what may be inside. If it fails to inspire from the outset, they may not even come to see the inside.

Typical tasks for increased curb appeal include: tidying the landscaping, removing dirt from the walkway and driveway, mowing the lawn and cleaning the windows. Going beyond these basics and dressing up your home with a few key accessories will give it the wow factor that will attract potential buyers to your property.

Modern House Numbers by Los Angeles Kitchen and Bath FixturesAtlas Homewares

1. Add big, bold house numbers. It’s easy to swap out house numbers, and this one thing can make a huge…

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10,000 Lakes Concours d’Elegance

Proud sponsor of this event!

Chris Dillmann photography

The inaugural 10,000 Lakes Concours d’Elegance was hosted at the Commons Park on the shores of Lake Minnetonka in Excelsior. The event featured more than 100 rare and valuable cars.

The concours is the first of its kind in Minnesota and is different than other cars shows on the basis of the cars participating were selected by judges. All proceeds went to a local nonprofit. Here are some shots from the day.

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