What Outdoor Features Can Set Your Home Apart?

Most homeowners are interested in increasing their home’s value to ensure that they can make more of a profit off of the property once it’s time to sell. When it comes to boosting your property value, adding outdoor features can prove to offer a high rate of return once you find a buyer. When you want to invest in features that will pay off, there are a few features that are worth purchasing.

Barbecue Stations

Barbecue stations and outdoor kitchens are in demand among buyers because it offers a place to entertain outdoors. Homes with barbecue stations have a 26 percent higher value than those that don’t include the feature because it provides the ability to spend more time outside.

Showers

Outdoor showers are increasing in popularity because they provide you with the chance to rinse off after taking a dip in the water. Many homes that are located near the beach or a lake can benefit from an outdoor shower because it will prevent you from tracking in sand or dirt.

Fire Pits

Fire pits are now considered to be a staple for outdoor spaces because they allow you to stay warm while inviting your guests over. The open flames make it easy to roast s’mores and can make it possible to spend time in cooler weather conditions while stargazing.

Patio

A patio makes it possible to lounge outdoors instead of having to sit on the grass in your backyard. Patios are a valuable addition that has an ROI value of over 100 percent. You can place patio furniture on the feature and spend time dining outdoors while taking in the view of the surrounding environment. Finishing or repairing an existing patio can also have a high return of 500 percent. Add outdoor light and a few pillows to make it a comfortable space.

Pools

Although some pools don’t have an effect on the value of the home, they can increase what the property is worth if there’s enough space available around the feature to ensure that the backyard can still be used for other purposes. Install a pool with spillways, a diving board, or rock formations to create an appealing feature that will increase the visual appeal and the functionality of your backyard.

Why Your Realtor Won’t Sell Your House

You’re ready for a change of scenery, either because of work or simply through your sheer power of will; you want to sell your house. So, you look for a realtor, and no matter how hard you try, not a single one seems interested in selling your home. This may seem odd since most people assume that all realtors are begging for houses to sell, but that is simply not the case. There are many factors and variables that can affect whether or not a realtor will even spend his or her time on your home. Here are a few reasons why a realtor wouldn’t want to work with you.

 

Asking for too much

If you’re like most Americans, you’ve probably spent years in your house; you’ve renovated the kitchen, bathroom and master bedroom, you’ve painted the outside of the house and you’ve spent a great deal of time growing a beautiful garden outback. To you, your house is almost invaluable. Unfortunately, not everyone will see it this way. There are a bevy of factors that go into what determines the actual value of a house, and if you believe that your house is worth more than what your realtor does, then the agent will more than likely not bother. If the agent does decide to take on the listing, it could spend months on the market, which hurts his or her reputation.

 

You aren’t willing to show it

The best way to really entice potential buyers is by letting them into your house. Much like any other purchase, humans typically enjoy seeing something before they buy, especially when making such a large investment. Because of this, you need to be willing to show off your house. If you’ve put the time and work into it, then don’t be afraid to put it on display. Many sellers are afraid of theft and they opt out of showings, or they are not flexible in their showing hours. This can all make a realtor very wary of your home.

 

Your house is messy

This is incredibly plain and simple: if your house is unkempt and dirty, it makes the sell much harder. And realtors know this. While they can suggest that you clean it up before they take the listing, if you are unwilling to make the appropriate adjustments, they will more than likely skip altogether.

 

At the end of the day, realtors need to make a profit from the house that they are selling. If your home presents too many challenges, and you are unwilling to be flexible and reasonable, they will likely refuse to list your house. Take some of these tips, get out there and sell your house!

Renting Vs. Owning: What’s The Difference?

Many people are torn between the prospect of owning a home versus the carefree lifestyle of simply renting. The pros and cons of both renting and owning have been laid out below in a simple and concise manner.
Upfront Costs

When calculating the upfront cost of renting a home or an apartment, the figures are relatively affordable. Renting only requires a light contract with first and last months rent along with a security deposit in order to successfully obtain said property. Alternatively, homeownership tends to be very heavy in regards to upfront costs. When going through the process of purchasing a home, a person is usually required to pay a certain percentage of the mortgage immediately including any and all closing costs.
Fluctuating Monthly Expenses

One advantage of owning a home is that the monthly mortgage payment is set by the bank who issued the mortgage. Depending on the type of interest rate that was negotiated, the monthly mortgage payment can remain steady for many months depending on how housing costs rise and fall. Alternatively, when paying rent to a landlord, the rent can be increased at the whim of a landlord but only if they follow proper legal regulations regarding rent increases. If someone is renting without a contract, the renter is at the complete mercy of the landlord in regards to the monthly rental rate.
Repairs and Renovations

A homeowner is financially and physically responsible for all repairs to the home. The bright side to this is that they also have the freedom to redesign, redecorate, or renovate the home as much as they desire. A person who rents isn’t usually afforded the same privilege. Landlords may impose strict rules in the rental contract regarding changes to the home or apartment, preventing the renter from painting, remodeling, or redecorating. On the other hand, renters aren’t responsible for any repairs and can usually apply for replacement appliances and fixtures if covered by the rental agreement.
Relocating

When renting a home or an apartment, deciding to pick up and move to a different city or state is relatively simple. A person can sublet the remainder of their lease to a third party and skip town before their rental contract has expired. On the other hand, a homeowner doesn’t have that same luxury. A homeowner must first prepare their home to be sold and ensure it has enough equity to be marketable. This could take months or years to accomplish.
Choosing whether to become a homeowner versus remaining a renter really depends on the type of lifestyle you live and whether you prefer security or freedom.