New Listing: Upscale Hayden Home Over 4000 sf

Beautiful Hayden Home for Sale

Northern Idaho

UPSCALE HOME IN STRAWBERRY FIELDS! 4 Bedroom/3 Bath 4,000 sq. ft. with room to grow in full sized unfinished basement. Lovely kitchen boasts large island, GRANITE countertops, upgraded cabinetry. Great Floor plan: Main floor has kitchen/dining/family room ,living room, office/den & laundry/mud room. 3 Car garage, PRIVATE .28 acre corner lot adjoining the green belt. RV PARKING!

1-Twilight

 

 

Kitchen

Lovely Kitchen boasts large island, granite countertops, updated cabinetry.

oetken group windermere hayden home for sale

 

Open Floor Plan

oetken group windermere hayden home for sale

 

 

8-Granite Island counter tops

 

oetken group windermere hayden home for sale

Backyard

Deck opens to large backyard

30-Back Deck

32-Large Back yard

Property is adjacent to the green belt

33-Green belt 2

 

RV Parking

37-RV Parking

38-Exterior

 

Interested?

Get in touch for a showing.

Randy & Christy Oetken

The Oetken Group

208-660-0506

Randy Christy Oetken Coeur d Alene Real Estate

Randy & Christy Oetken

 

Posted in $200K - $300K, Hayden, Hayden Listings, home, Just Listed, Kootenai County, Market News | Tagged , , , , , , , , , , , , | Comments Off on New Listing: Upscale Hayden Home Over 4000 sf

Upscale Luxury Home Martha Loop at Canfield Mountain

Just Listed – Martha Loop at Canfield Mountain

Coeur d’Alene Real Estate

Check out our new listing.

Enjoy this UPSCALE luxury home in unique PEACEFUL setting nestled on the base of Canfield Mountain.

coeur d'alene real estate, oetken group martha loopSit on your front porch and watch the deer and elk graze.

oetken group coeur d'alene real estate, martha loop luxury homeLarge lovely home boasts 4324 sq. ft., 5 Bedrooms, 3.5 Baths

luxury home, oetken group couer d'alene real estate

Amazing chef kitchen with all the amenities.spacious kitchen martha loop oetken group couer d'alene real estatekitchen martha loop coeur d'alene real estate oetken group 7- Kitchen to Family Room

 

Spacious Formal Dining Room

6 Large Formal Dining

Main Floor Master Suite

master suite martha loop oetken group coeur d'alene real estate

Master Bath Garden Tub11- Master Bath-Garden Tub master bath martha loop oetken group coeur d'alene real estatePlus full In-law suite, office, family room (wired for theater)

Martha Loop Family room oetken group coeur d'alene real estate Martha Loop In Law Suite Oetken Group Coeur d'Alene Real Estate Martha Loop In law quarters Oetken Group Coeur d'Alene Real Estate Martha Loop In law suite Oetken Group Coeur  d'Alene Real Estate

Lovely Covered Deck

Martha Loop deck oetken group, coeur d'alene real estate Martha Loop deck Oetken Group Coeur d'Alene Real Estate

If you’re interested in this property, get in touch for a showing. We’d love to help.

Randy Christy Oetken Coeur d Alene Real Estate

Randy & Christy Oetken

Randy & Christy Oetken

The Oetken Group

(208) 660-0506

 

Posted in $500K - $650K, Coeur d'Alene, Coeur d'Alene Listings, Curb Appeal, Home Ownership, Just Listed, Kootenai County, Our Listings, Own the Lifestyle, Premier Property, Windermere | Tagged , , , , , , , , , , , , , | Comments Off on Upscale Luxury Home Martha Loop at Canfield Mountain

Indoor Air Quality Basics | Windermere Blog

by Tara Sharp

Windermere blog, oetken group, cda realty, windermere cda realty,

Most of us tend to think of air pollution as something that occurs outdoors where car exhaust and factory fumes proliferate, but there’s such a thing as indoor air pollution, too.  Since the 1950s, the number of synthetic chemicals used in products for the home has increased drastically, while at the same time, homes have become much tighter and better insulated. As a result, the EPA estimates that indoor pollutants today are anywhere from five to 70 times higher than pollutants in outside air.

Luckily, there are many ways to reduce indoor air pollution. We all know that buying organic and natural home materials and cleaning supplies can improve the air quality in our homes, but there are several other measures you can take as well.

How pollutants get into our homes

Potentially toxic ingredients are found in many materials throughout the home, and they leach out into the air as Volatile Organic Compounds, or VOCs. If you open a can of paint, you can probably smell those VOCs. The “new car smell” is another example of this. The smell seems to dissipate after a while, but VOCs can actually “off-gas” for a long time, even after a noticeable smell is gone.

We all know to use paint and glue in a well-ventilated room, but there are many other materials that don’t come with that warning. For instance, there are chemicals, such as formaldehyde, in the resin used to make most cabinets and plywood particle board. It’s also in wall paneling and closet shelves, and in certain wood finishes used on cabinets and furniture. The problems aren’t just with wood, either. Fabrics—everything from draperies to upholstery, bedding, and carpets—are a potent source of VOCs.

The good news about VOCs is that they do dissipate with time. For that reason, the highest levels of VOCs are usually found in new homes or remodels. If you are concerned about VOCs, there are several products you can buy that are either low- or no-VOC. You can also have your home professionally tested.

How to reduce VOCs in your home

Make smart choices in building materials.

  • For floors, use tile or solid wood—hardwood, bamboo, or cork – instead of composites.
  • Instead of using pressed particle board or indoor plywood, choose solid wood or outdoor-quality plywood that uses a less toxic form of formaldehyde.
  • Choose low-VOC or VOC-free paints and finishes.

 

Purify the air that’s there.

  • Make sure your rooms have adequate ventilation, and air out newly renovated or refurnished areas for at least a week, if possible.
  • Clean ductwork and furnace filters regularly.
  • Install air cleaners if needed.
  • Use only environmentally responsible cleaning chemicals.
  • Plants can help clean the air: good nonpoisonous options include bamboo palm, lady palm, parlor palm, and moth orchids.
  • Air out freshly dry-cleaned clothes or choose a “green” cleaner.

 

Fight the carpet demons.

  • Choose “Green Label” carpeting or a natural fiber such as wool or sisal.
  • Use nails instead of glue to secure carpet.
  • Install carpet LAST after completing painting, wall coverings and other high-VOC processes.
  • Air out newly carpeted areas before using.
  • Use a HEPA vacuum or a central vac system that vents outdoors.

 

Prevent Mold.

  • Clean up water leaks fast.
  • Use dehumidifiers, if necessary, to keep humidity below 60 percent.
  • Don’t carpet rooms that stay damp.
  • Insulate pipes, crawl spaces, and windows to eliminate condensation.
  • Kill mold before it gets a grip with one-half cup of bleach per gallon of water.

 

We hope this information is helpful. If you would like to learn more about VOCs and indoor air quality, please visit: http://www.epa.gov/iaq/.

Source
http://www.windermere.com/blogs/windermere/posts/indoor-air-quality-basics–2
Posted in About The Oetkens, Business, Buyers Needs, Coeur d'Alene Listings, Home Improvement, Home Ownership, Market News | Tagged , , , , , , , , , | Comments Off on Indoor Air Quality Basics | Windermere Blog

Spring Perspectives Windermere Living

by Jill Jacobi Wood, OB Jacobi, Geoff Wood

Windermere Living Spring Issue, Windermere Blog

When Windermere first opened its doors in 1972, it was a one-office operation in Northeast Seattle. Since then, we have grown to more than 300 offices in 10 states throughout the Western U.S. We are truly, and proudly, a regional company. In that same vein, Windermere Living started as a Pacific Northwest publication but now encompasses all the areas where we have offices, from San Diego to the San Juan Islands.Windermere Blog Windermere Living

FROM STARTER HOMES TO LUXURY ESTATES

Something else you might notice in the pages of this magazine is that we feature homes for just about any type of buyer. We pride ourselves on the diversity of the properties we represent. This extends to the people we represent, as well. Real estate is not a one-size-fits-all proposition, so we work with clients of all kinds, such as first-time buyers in search of something affordable, retirees who are ready to downsize, horse lovers who need an equestrian property, and buyers of ultra-luxury estates.

 

WEST COASTERS

The National Association of REALTORS® recently released a study of home buyers and sellers stating that the average distance people move from their former home to their new home is 12 miles. We also know a large percentage of West Coast buyers stay on the West Coast, even if moving long distances or to another state. That’s why Windermere has made its home on the West Coast and why we’ve chosen to focus our growth in this region.

So, whether you’re moving across town or out of state, or if you’re in the market for any kind of home from a condo to a waterfront estate, we have highly-trained professionals in every corner of the Western U.S. who can help.

Source:
http://www.windermere.com/blogs/windermere/posts/spring-perspectives

 

Need help buying or selling real estate in the Coeur d’Alene / northern Idaho region? Get in touch with us. We are Randy & Christy Oetken of The Oetken Group and we can help.

Randy Christy Oetken Coeur d Alene Real Estate

Randy & Christy Oetken

 

Posted in About The Oetkens, Buyers Needs, Coeur d'Alene Listings, Downtown Coeur d'alene, Kootenai County, Lake Coeur d'Alene, Lakefront Properties, Market Analysis, Market News, Searching for property | Tagged , , , , , , , , , | Comments Off on Spring Perspectives Windermere Living

Buying Waterfront Properties – What You Should Know Before Taking the Plunge

windermere real estate, waterfront real estate, cda real estate, oetken group

by Kelly Weisfield, Windermere Real Estate

Living on the Water Is a Lifestyle

Enjoying direct and private access to the water is typically the primary motivator for buyers seeking a waterfront property. As such, it’s really important to consider how you intend to use your waterfront. For example, if you’re a boater, evaluate the moorage at the property. Is the water deep enough for your particular type of boat? Is there a boat lift to keep the boat out of the water when not in use, or do you plan to dry dock for the winter? If you’re a swimmer, is the lakeshore accessible to wade in, or do you have to jump off a dock or platform?  If you have jet skis, sail boats or other water toys, is there a place to store them or moor them? If you’re looking forward to peaceful days on your stand-up paddleboard, is the water in front of your home typically choppy or calm? When you entertain, is there ample parking for guests  or space for visitors to tie up their boats on your dock?

Your directional orientation will also impact your waterfront living experience. East-facing waterfront will allow you to enjoy wonderful sunrises. If you prefer sunsets, west-facing waterfront is preferable. South-facing properties generally enjoy light all day but can also experience more direct weather.

 

windermere real estate, cda real estate, coeur d'alene real estate, oetken group

Focus on the Property More than the House

The golden rule of real estate, “location, location, location,” is even more true when considering a waterfront property. The ratio of land value to total property value is generally higher in waterfront properties. You can always update and change your home, but you cannot change the location. Consider especially the following features of the property:

  1. View. One of the great perks of being on the water is enjoying the beautiful views. Understand if your view is protected by CC&Rs or view easements. If there are any view-obstructing trees or structures, identify whose property they are on and your ability to maintain your view.
  2. Proximity to the Water. If the home is not close to the shoreline, consider how you’ll access the water. If you plan to entertain lakeside, think about how you’ll get food, beverages and supplies down to the waterfront easily.
  3. Privacy. The property’s feeling of privacy usually corresponds to its waterfront frontage. The larger your waterfront frontage, the more buffer you’ll have from your neighbors.
  4. Topography of the Land. Is the waterfront property on a level lot or a steep slope? Access to the water is easier on a flat lot – many lakefront lots are steep and can be difficult to get up and down to. Again, this impacts the value of the property

 

Understand What You Can and Can’t Do with the Property

Waterfront properties are subject to additional regulations and codes from various local, state and federal agencies. There are very strict regulations on shoreline development. If the property requires a new dock or bulkhead, it’s important to know that this can be a very challenging process given the multiple government agencies involved. These limitations are likely to get even more restrictive in the near future as the shoreline regulations are being updated. Sooner is better than later in applying for any permits related to docks, bulkheads and changes to the shoreline.windermere real estate, cda real estate, oetken group,

Finally, if you’re planning to build or significantly remodel, do a thorough feasibility analysis given city codes and shoreline regulations. New construction often cannot be built as close to the water as the existing structure under current code. In addition to meeting with the city, engage an architect and builder who have significant experience building waterfront properties in your area to help advise you about what likely limitations there are on your particular parcel.

 

Every Waterfront Property Is Unique – Learn the Nuances

Living on the water means that you have an additional set of factors to consider concerning your waterfront experience. For example, what is the boating traffic like in front of your home? Is it a busy channel or near a favorite fishing spot where boaters tend to congregate? Look closely at the properties of your waterfront neighbors: is there a tear-down next door so there will likely be a construction barge in front of you for the next few years? Does your neighbor have a huge yacht moored all summer that blocks your view? Is there a public beach nearby or community club that will cause noise late into the evenings?

If you’re considering shared waterfront, be especially thorough in understanding your rights and ownership interests. Some shwindermere real estate, cda real estate, oetken real estate, ared waterfront properties have a specifically deeded boat slip, though many others share an interest in a community dock. The system for moorage assignment and rotation can often lead to contention among neighbors, so it’s important to learn as much as you can about how the shared waterfront and is handled in your neighborhood.

There is a reason that owning a waterfront home is a life-long dream for so many people – it brings an extraordinary lifestyle. As a significant financial investment and very unique type of real estate, it’s especially critical to engage professionals who understand the complex issues inherent in waterfront properties. Equipped with the right expertise, guidance and knowledge, you’ll be ready to turn to your waterfront dream into a reality.

Interested in waterfront properties? Contact Randy or Christy Oetken.

 

Kelly Weisfield is a Premier Properties Director and works out of the Windermere Real Estate Mercer Island Office. She has the privilege of helping her clients with waterfront, view and luxury homes on both sides of Lake Washington.  Prior to becoming a real estate agent in 2011, she was an attorney for 11 years.
Photos by Michael Walmsley, Forest Ave Photos 
Source-  http://www.windermere.com/blogs/windermere/categories/living/posts/buying-waterfront-properties-what-you-should-know-before-you-take-the-plunge
Posted in $1 Million+, Activities, Buyers, Buyers Needs, Coeur d'Alene, Community Waterfront, Lake Coeur d'Alene, Lake View, Lakefront Properties, Luxury, Market News, Own the Lifestyle, Premier Property, Real Estate, Residential, Retire in North Idaho, Riverfront, Riverfront Properties | Tagged , , , , , , , , | Comments Off on Buying Waterfront Properties – What You Should Know Before Taking the Plunge

Here’s Your Spring Maintenance Checklist

 

Spring Has Sprung – Homeowner Tips

windermere cda real estate, oetken coeur d'alene real estate

Now that spring has sprung, let’s clear the cobwebs and get your home ready! Here is our quick guide to spring home maintenance:

 

Inspection top to bottom: Now that the weather is temperate you will want to check on how your home weathered the winter. Check the roof for leaks, the gutters for damage, and the siding for cracks. You will also want to inspect your basement or foundation for any shifts. Make repairs now to prevent further damage.

 

Clean out the gutters: April showers bring May flowers… so clear out the gutters to keep rain from pooling on your roof or near your foundation.

 

Pest control: Spring is mating season for eight legged critters, so sweep out cobwebs, clear debris, and check the nooks and crannies. If you live in an area prone to dangerous species like brown recluse or black widows, you may want to contact your local pest control, but otherwise household spiders do help eliminate other bugs.

Check your basement and attic for signs of other infestations. For more information on pest control go here: http://www.windermere.com/blogs/windermere/categories/living/posts/when-things-go-bump-in-the-night

 

HVAC system: If you have an air conditioner now is the time to check to make sure it is ready before summer gets here and everyone else is clamoring for maintenance. Now is a good time to check your home air filters and replace or upgrade to keep allergens at bay.

 

Clear the clutter: Do a sweep around the house and get rid of junk that you don’t use! Take a little time each week to tackle a room. Closets, playrooms, and basements can be especially daunting, but getting rid of old stuff and refreshing your space will go a long way!

 

Deep clean: On a nice day open the windows, dust, wipe, scrub, and clean. You will get a nice work out and your home will look and feel so fresh after a winter of being cooped up.

 

Update your décor: Add a splash of color to your home with small embellishments. Add a colorful vase, a lighter throw for your sofa, pretty pastel pillows, or spring-time candles, to upgrade your living space.

 

Take it outdoors: Let your throw rugs, curtains, and other tapestries air our outside. Shake off the dust, spot clean what you can and let everything bask in the sun for an afternoon.

 

Don’t forget the back yard: It may not be time to start up the grill, yet, but you can get started on your outdoor entertaining checklist. Check your lawn, and if you have some spare spots start filling in with seed. Check your outdoor plants, prune, plant bulbs, start to replenish soil for your garden, and mow, so you are ready to start when the season allows.

Speaking of the grill – if you have a gas grill you will want to pull this out and perform a maintenance check. Clean everything up and check to make sure all the gas lines are clear, as these can get clogged after sitting idle all winter. Make sure the grill is clear of spiders too, as they can build webs in the tubes, causing damage to your grill. You can start to bring out your garden furniture too, or clean it up if you left it covered outside all winter. Because before you know it, it’ll be barbeque season!

 

source- http://www.windermere.com/blogs/windermere/categories/living/posts/here-s-your-spring-maintenance-checklist–2
Posted in Coeur d'Alene, Curb Appeal, Home Decor, Home Improvement, Home Ownership, Market News, Windermere | Tagged , , , , , | Comments Off on Here’s Your Spring Maintenance Checklist

Home Inspection: A Reality Check From a Pro

Windermere Real Estate, Oetken Coeur d'Alene Real EstateFor many people, a home inspection is a hurdle that has to be overcome during the process of buying or selling a home. But, in fact, it can be a useful tool for buyers, sellers or anyone who plans to get the greatest possible value from their home.

Find out if the house you are selling has “issues”

When you’re selling a house, a pre-sale inspection can be particularly useful. By uncovering any potential problems your house may have, an inspection can give you an opportunity to address them before your first prospective buyer arrives.

According to Bill Richardson, president of the American Society of Home Inspectors (ASHI), “More and more, sellers are obtaining pre-sale inspections. This simple step can allow for better planning and lower expenses in making repairs, add value to the home, and help speed up the process and likelihood of an offer.”

In any market, a pre-sale inspection can give your home a competitive edge. Potential buyers are likely to find the kind of detailed information an inspection provides reassuring—and are encouraged to give your home a closer look.

Get to know a house before you buy it

A home is a major investment and, for many people, the greatest financial asset they have. With so much at stake, it makes sense to do what you can to protect your financial interest. Getting an inspection is a smart, simple way to do just that.

When you make a written offer on a home, insist that the offer provide that your contract is contingent on a home inspection conducted by a qualified inspector. You’ll have to pay for the inspection yourself, but an investment of a few hundred dollars could save you thousands of dollars and years of headaches. If you’re satisfied with the results of the inspection and are assured that the home you’re purchasing is in good shape, you can proceed with your transaction, confident that you are making a smart purchase.

When does a home inspection make sense?

In addition to routine maintenance and pre-sale inspections, there are a number of circumstances in which a home inspection could greatly benefit a homeowner. If you are not sure, here are a few simple questions to ask yourself:

·         Was your home inspected when you bought it? If not, an inspection would be beneficial even if your home was a new construction at sale.

·         Are you an older homeowner who plans to stay in your home?  If so, it makes sense to hire a professional who can inspect difficult-to-reach areas and point out maintenance of safety issues.

·         Do you have a baby on the way or small children? An inspection can alert you to any potential safety issues that could possibly affect a growing family, such as mold, lead or structural problems. If mold or lead is present, be sure to rely on technicians or labs with specialized training in dealing with these conditions.

·         Are you buying a home that’s under construction? You may want to hire an inspector early on and schedule phased inspections to protect your interest and ensure that the quality of construction meets your expectations.

What doesn’t your home inspection cover?

For a variety of reasons, some homes will require specialty inspections that are not covered by a typical home inspection. A specialty inspection might include such items as your home’s sewer scope, septic system, geotechnical conditions (for homes perched on steep sloes or where there are concerns regarding soil stability) or underground oil storage tank. If you have any questions about whether or not your home needs a specialty inspection, talk to your real estate agent.

Hire a Professional

If you decide to hire a home inspector, be sure they’re licensed in your state. They should be able to provide you with their license number, which you can use to verify their status with the appropriate government agency. It’s also helpful to ask for recommendations from friends and family members. Even among licensed and qualified home inspectors, there can be a difference in knowledge, performance and communication skills, so learn what you can before your hire a home inspector to ensure that you get the detailed inspection that you want.

What to ask your home inspector?

Ask the right questions to make sure you are hiring the right professional for the job.

What does your inspection cover?

Insist that you get this information in writing. Then make sure that it’s in compliance with state requirements and includes the items you want inspected.

How long have you been in the business?

Ask for referrals, especially with newer inspectors.

Are you experienced in residential inspections?

Residential inspection in a unique discipline with specific challenges, so it’s important to make sure the inspector is experienced in this area.

Do you make repairs or make improvements based on inspection?

Some states and/or professional associations allow the inspector to perform repair work on problems uncovered in an inspection. If you’re considering engaging your inspector to do repairs, be sure to get referrals.

How long will the inspection take?

A typical single-family dwelling takes two to three hours.

How much will it cost?

Costs can vary depending upon a variety of things, such as the square footage, age, and foundation of the house.

What type of report will you provide and when will I get it?

Ask to see samples to make sure you understand his or her reporting style. Also make sure the timeline works for you.

Can I be there for the inspection?

This could be a valuable learning opportunity. If your inspector refuses, this should raise a red flag.

Are you a member of a professional home inspector association? What other credentials do you hold?

Ask to see their membership ID; it provides some assurance.

Do you keep your skills up to date through continuing education?

An inspector’s interest in continuing education shows a genuine commitment to performing at the highest level. It’s especially important with older homes or homes with unique elements.

If you have questions about finding a home inspector, or are looking for an agent in your area we have professionals that can help you.

Contact us Here

 

 

Source: http://www.windermere.com/blogs/windermere/posts/home-inspection-a-reality-check-from-a-pro–2
Posted in Coeur d'Alene, Home Improvement, Own the Lifestyle, Remodeling, Residential, Windermere | Tagged , , , , , , , , , , , , | Comments Off on Home Inspection: A Reality Check From a Pro

Windermere Foundation

Windermere Real Estate

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Donate by clicking the button or mail a check to:

The Windermere Foundation

5424 Sand Point Way NE

Seattle, WA 98105

 

Windermere Foundation Mission

For the past 28 years, the Windermere Foundation has donated a portion of the proceeds from every home  purchased or sold towards supporting low-income and homeless families in our communities. What started in 1989 as a grassroots foundation serving families in need in  Washington State, has grown to encompass ten states and has raised over $33 million for programs and organizations that provide shelter, food, children’s programs, emergency assistance, and other services to those who need our help most.

Every Transaction Makes a Difference

Every time a Windermere agent sells a home, a portion of the commission goes to the Windermere Foundation, a non-profit organization established in 1989. Each year, contributions from Windermere agents, combined with donations from Windermere employees and community members, have allowed the Windermere Foundation to support non-profit agencies dedicated to helping low-income and homeless families.

windermere foundation

How to Apply for Windermere Foundation Funding

Windermere Foundation Application Form and Funding Guidelines

2016 Windermere Foundation Donors and Recipients List

 

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Six Key Factors That Affect the Sales Price of Your Home

windermere coeur d alene real estate, oetken groupPricing a home for sale is not nearly as simple as most people think. You can’t base the price on what the house down the street sold for. You can’t depend on tax assessments. Even automatic valuation methods (AVMs), while useful for a rough estimate of value, are unreliable for purposes of pricing a home for sale.

AVMs, like those used by Zillow and Eppraisal, have been used for many years by banks for appraisal purposes. They are derived from algorithms based on past sales. But producers of AVMs agree that they are not accurate indicators of home value. For example, Zillow.com states, “Our data sources may be incomplete or incorrect; also, we have not physically inspected a specific home. Remember, the Zestimate is a s
tarting point and does not consider all the market intricacies that can determine the actual price a house will sell for. It is not an appraisal.”

So what does Zillow recommend sellers do instead? The same thing the real estate industry has been advising for decades: Ask a real estate agent who knows your neighborhood to provide you with a comparative market analysis. To accomplish that, I typically consider the following factors—plus others, depending on the house:

Location:

The location of your home will have the biggest impact on how much it can sell for. Identical homes located just blocks apart can fetch significantly different prices based on location-specific conditions unique to each, including: traffic, freeway-access, noise, crime, sun exposure, views, parking, neighboring homes, vacant lots, foreclosures, the number of surrounding rentals, access to quality schools, parks, shops, restaurants and more.

Recommendation: Be willing to price your house for less if it’s located in a less desirable area or near a neighborhood nuisance.

Market

Another major factor that also can’t be controlled is your local housing market (which could be quite different from the national, state or city housing markets). If there are few other homes on the market in your local area (a situation known as a “sellers market”), you may be able to set a higher price. However, if there’s a surplus of homes like yours for sale (a “buyer’s market”), your pricing will also reflect that.

Recommendation: If it’s a buyer’s market and you can delay selling your home until things change, you should consider doing so. If you can’t wait, be willing to price your home extremely competitively, especially if you are in a hurry to sell.

Condition

The majority of buyers are not looking to purchase fixer-uppers, which is why any deferred maintenance and repair issues can also significantly impact the selling price of your home. When your home’s condition is different than the average condition of homes in your location, AVMs tend to produce the widest range of error.

Recommendation:  Hire a professional home inspector to provide you with a full, written report of everything that needs upgrading, maintenance or repair, then work with your real estate agent to prioritize the list and decide what items are worth completing before the property is listed for sale, and what should be addressed through a lower list price. Also, some defects are best addressed during negotiations with buyers.

Widespread Appeal

If you want to sell your home quickly and for the most money, you have to make it as appealing as possible to the largest pool of prospective buyers. The more universally attractive it is, the greater the interest and the faster competing offers will come.

Recommendation:

Hire a professional home stager (not a decorator) to temporarily stage the interior of your home. Also spend time making the exterior look its best: address any peeling paint, make sure the front door/ door hardware is attractive, prune bushes and trees, remove old play equipment and outdoor structures, etc.

Compare Homes

The only neighboring homes that should be used to estimate the value of your home are those that have been carefully selected by a real estate professional with special training, access to all sales records, and in-depth knowledge of the neighborhood.

Recommendation: If you’re considering selling your home, ask your real estate agent to recommend a professional appraiser.

Searchability

When working with a prospective buyer, most real estate agents will search the available inventory only for the homes priced at (or less than) their client’s maximum, which is typically a round number. If you home is priced slightly above or below that amount (e.g., $510,000 or $495,000), it will appear in fewer buyer searches.

Recommendation: Be willing to adjust your selling price to maximize visibility.

Periodic Price Adjustments

Pricing a home isn’t a set-it-and-forget-it proposal. As with any strategy, you need to be prepared to adapt to fast-changing market conditions, new competition, a lack of offers and other outside factors.

Recommendation: After listing your house, be ready to adjust your asking price, if necessary.

Contact Us Here

 

Source http://www.windermere.com/blogs/windermere/posts/six-key-factors-that-affect-the-sales-price-of-your-home–2
Posted in home, Home Improvement, Home Ownership, Kootenai County, Lake Coeur d'Alene, Market News, Market Value, Own the Lifestyle, Pricing, Real Estate, Residential, Tips, Windermere | Tagged , , , , , , , , , , , , | Comments Off on Six Key Factors That Affect the Sales Price of Your Home

Real Estate Seller Tip: Home Updates for the Best ROI

Are you thinking about selling your home? Making home updates is usually a part of the process. Windermere Real Estate agent, Julie Hall,shares her expert tips on what home updates will yield the best return on investment, and they may surprise you.

 

Source: http://www.windermere.com/blogs/windermere/posts/real-estate-seller-tip-home-updates-for-the-best-roi
Posted in Coeur d'Alene Listings, Curb Appeal, home, Home Improvement, Home Ownership, Investment Properties, Kootenai County, Lake Coeur d'Alene, Market Analysis, Market News, Market Value, Own the Lifestyle, Real Estate, Remodeling, Residential, Sellers, Tips, Windermere | Tagged , , , , , , , , , , | Comments Off on Real Estate Seller Tip: Home Updates for the Best ROI