How Rising Interest Rates Could Impact the Staten Island Real Estate Market
- 05/15/22
Interest rates in the U.S. are on the rise. In fact, thecentral bank recently announced itsbiggest increase in interest ratesin...
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Is the Staten Island Real Estate Market Cooling Down in 2022?
- 04/15/22
Is the Staten Island Real Estate Market Cooling Down in 2022?
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What to Expect From the Staten Island Real Estate Market in 2022
- 02/15/22
Are you looking to buy or sell a home in Staten Island this year?
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Should First-Time Homebuyers Skip the Starter Home?
- 03/15/22
Is it best for first-time homebuyers to skip the starter home and find a home for the long-term in the Staten Island real estat...
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How the Age of Your Property Can Predict Your Home Listing Price
- 10/30/20
Are you trying to learn more about how much your home will sell for? Did you know that the age of your property can affect your...
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Are you trying to learn more about how much your home will sell for? Did you know that the age of your property can affect your home listing price? In some cases, an older home can boost its value, while it can decrease it in others. To learn more about how your property’s age can affect how much you list if for, keep reading. Wear and Tear While normal wear and tear are expected in an older home, especially if you have a large family with kids and pets. To make sure this wear and tear does not affect your home’s value, then make repairs to some of the more apparent indications. Repaint bright colored walls and fill your home with neutral walls to depersonalize the space. Fill in holes or dents in your walls, which caved in by being hit repetitively by the doorknob. Replace a stained or worn carpet with a new neutral one. To really up the home value, you may consider replacing the carpet with tile or hardwood in certain areas. Simple things, like cleaning your home’s tile grout, can make your home look shinier. This process can reduce the signs of wear and tear and make your home look good as new. Areas in Need of Upgrades Upgrading systems that require modernizing can help you boost your home’s value. Systems and units, such as the air conditioner, electrical, and plumbing, can be worth the investment. Additionally, if your roof is over 15 years old, it may be time to replace it. You also want to think of your home areas that immediately identify how dated it is, such as the kitchen and bathrooms. Remodeling the bells and whistles of your homes with modern conveniences will make your home feel more current. Future homeowners will take any updates they will need to make to the home to bring it to their standards into consideration when looking for a home, so you should have already made the necessary updates to your home for them. This step will affect the price of your home on the open market. Create Curb Appeal While it is essential to update your home’s interior and its systems, it is also important to make updates to your home’s exterior to boost its curb appeal. If there are dirt patches in your yard instead of green grass, make sure that you do some landscaping to fix this issue. Prune any hedges on your property, and consider adding flowers and plants to brighten up areas needing some detail. It is also wise to repaint your home and front door if necessary to give it a fresh appearance. Get the Most of Your Home Listing Price It may require some upgrades and improvements to cover up the wear and tear it has seen if you have an older home. This process can help you avoid letting the age of your property to reflect your home listing price. Are you looking for a realtor that can help you sell your home? Contact us today to get started. Wonica Realtors & Appraisers are Staten Island’s #1 independent full-service real estate firm, serving the community’s needs for over 30 years. Whether you’re buying, selling, renting, or relocating, our staff of highly trained professionals will provide quality realty services with personal attention to your individual real estate needs.
- 11/19/20
2020 has been one of the wildest years for home sales on record – with the pandemic pushing the market to new highs.
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