Buying a home is often the greatest investment you will make in your lifetime and you want to protect its value. Boulder Bay Realty Group has several tips on how to protect and maintain both your home’s value and your pocketbook.
Protecting the value of your home starts from the moment you set out to buy one. You want to make sure that you’re getting the value and price needed to ensure your future financial goals. Choosing the right agent to work with and help you find just the right home is the first and most important step.
“When you buy your home, buy right. When you write an offer, our agent will go over comparable properties that have sold,” said Lynda Anderson, owner and broker at Boulder Bay Realty Group. “You don’t want to be the highest in the subdivision because when it comes time to sell, you won’t get the return on your investment.”
Finding the right loan and interest rates is important for not just your home’s value, but your overall financial wealth, too. When working with Boulder Bay Realty Group, you’ll get an agency that sits down with you one-on-one to discuss your goals and future, and then works with you to achieve those goals and stay within your budget plan.
“Can you afford a 15-year mortgage? Can you make one extra payment a year to pay your home off faster? That’s protecting your net worth,” Anderson said. “We want to protect your home's value and, more than that, we want to protect your pocketbook.”
One of the most important things you can do to protect your home’s value is to keep up with regular maintenance. Don’t let the little hiccups snowball into larger issues.
“Always keep up with the maintenance of your home. Change the furnace filter, check and have service done on your furnace, hot water heater, et cetera. Paint and patch up. Maintenance is a really big deal,” Anderson said.
Renovations are another way to protect value. Being smart about what you renovate or add to your home matters when it comes to the return value. For instance, while a pool may land on your list as a want, it typically will not get you a dollar-for-dollar return on your money. It may even deter future buyers who do not want a pool. So where do you spend those renovation dollars? Kitchens and bathrooms.
“Usually, if you put money into a kitchen or bathroom, you will see a return on that investment,” Anderson said.
Of course, that doesn’t mean you shouldn’t put the pool in if you really want to, but being smart about the dollars you put into your home will help you protect the home’s value. If you’re thinking about a renovation or addition, you can always contact Boulder Bay to help you find the smartest way to ensure a return on your investment.
“We’ll often get calls from clients who are considering a renovation or addition, and because we know that house and sold it, we can tell them if they will get a return on their money. If you’re going to remodel, call us, we want to help. We can help guide you,” Anderson said.
Lastly, when it comes time to sell, you want to know that your real estate agent is going to work hard to get you top-dollar for your home. At Boulder Bay Realty Group, the agents are highly-skilled in negotiating above the industry standards. Meaning, they’re going to get you the most from your investment.
“You want a realtor that’s knowledgeable, good in negotiations, and can get the job done,” Anderson said. “We are over the industry standard when it comes to negotiating. We’re protecting your value right there, by getting you more for your bottom line.”
From buying to selling, and everything that comes in between, Boulder Bay Realty Group is able and willing to work with clients to protect the value of their homes and their financial future.
To learn more about Boulder Bay Realty and how they can help you protect the value of your home, visit their website: https://www.searchportercountyhomes.com/.