Real Estate News, Tips, & Tricks October 24, 2022

Out-of-the-Box Spare Room Ideas

Have an extra room that’s just taking up space? Lucky you! Put your creativity to work and transform it into the “play” place you’ve always wanted. Here are just a few suggestions for using that unused area.

Rock Out

Let the rock-n-roll in you rip loose in a room designed to be your very own music studio. Bearing in mind that you’ll want to remain friends with your neighbors, a careful soundproofing plan is key. The door to the space will need to be solid, heavy and insulated with sealing strips. While you’ll be tempted to also seal the windows, it’s important to allow some light in so it won’t feel like you’re playing in an underground bunker. Absorption panels can be purchased to line the walls, and it’s wise to elevate the floor as well to keep the decibels down. By essentially building a ventilated “room within a room,” you’ll be able to enjoy some uninhibited jam sessions.

Divine Dressing

If you’re a fashionista with less than ample closet space, or if you’re seeking solace apart from a portion of a shared closet, then think about turning your spare square footage into the dressing salon of your dreams. Create a beautiful, well-appointed and brilliantly lit wardrobe room complete with floor-to-ceiling shelving, light-reflecting mirrors and plenty of storage for your accoutrements for every season. Add luxury elements like a comfy tufted pouf, an elegant jewelry armoire and even indulge in haute couture for the window treatments by framing them with sumptuous fabric. Dedicate an entire room to your coveted fashion collection by displaying all your favorite finds in full glam grandeur and celebrate the diva within.

Ssss-steam Heat

Ready for a relaxing retreat at the end of a hard day to soothe away daily pressures? If this sounds appealing, then get ready to turn up the heat in your very own steam room. Follow a few careful tips and you’ll be loose as a goose in no time. The key concern, of course, is moisture. Because the entire room will need to be waterproofed, a special door and insulated tile from top to bottom are absolute musts. A polyethylene film for the ceiling and walls, with backerboard to which the tiles will be attached, are other important tools to implement. Once the room is properly protected, a steam generator is all that’s necessary to create your cozy little piece of heaven.

Now that you have some inspiration for wonderful ways to use your extra square footage, it’s time to tally your budget, consider the possibilities and let your imagination run wild.

Market Updates October 19, 2022

September 2022 Market Update Statistics

Move Toward a More Balanced Market Continues

For more than 16 years, the Denver area has been a sellers’ market, which is typically defined as having less than three months of inventory. Inventory across all segments has increased in recent months with some segments near three months of inventory, indicating that we continue to shift toward a more balanced market.

September’s vital statistics for all homes – detached single family (DSF) and attached single family (ASF) combined – included:

  • The average price for homes was up 2% compared to the previous month and 8% from September 2021;
  • The average days in the MLS were up 37% from the prior month and 100% from a year ago; and
  • Active listings at month end were up 11% from August and 93% from this time last year.

According to a study by SmartAsset, the metro Denver market ranks No. 21 among the fastest-cooling markets in the country. As the market continues to shift, it is more important than ever for sellers to prepare their homes for sale and price right. Conservatively prices homes are still selling quickly, often in the first week. For buyers, this means they can finally take some time to find the right house and negotiate on price, inspections, appraisals and other items.

If you need any advice or assistance navigating our real estate market, contact me today at 303.710.5817 or ladawn.sperling@coloradohomes.com. I am never too busy for your referrals.

 

This update is based on information provided by the Denver Metro Association of Realtors® for the period of September 1, 2022, through September 30, 2022, for the following counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park.

 

Real Estate News, Tips, & Tricks October 10, 2022

Home Renovations That Offer the Best ROI for Resale

Looking to make some upgrades and wondering which will have the biggest pay off? If you guessed kitchen and bathrooms, you’re spot on. Another good one is landscaping. Whether they’re big or small, a few upgrades can pay big dividends when it’s time to sell your home. Follow these tips to prioritize and put more money in your pocket when you’re ready to sell.

Before you do anything, make sure you consider the value of your house, the neighborhood, the housing market where you live and how soon you will sell after you make the improvements. If you live in a neighborhood where properties are selling for $300,000, doing a $150,000 renovation may not add as much to your property value as you might think.

Kitchens and Baths
One thing to keep in mind is that just because a remodel is expensive doesn’t necessarily mean it will give you the best return on investment. Even minor updates can yield a big return. Consider painting, refinishing surfaces and upgrading appliances, which can lead to a big pay out. Sticking to a budget is always important, and keep in mind that an average, medium-sized kitchen remodel can cost between $20,000 – $50,000, while the average bathroom remodel is $10,000. In most cases, homeowners see a return of a 100% or more with a kitchen or bath remodel, so it’s definitely well worth the investment. Plus, you get to live in a beautiful new space.

A Finished Basement
If finishing your basement is something you’ve been putting off, now might be the perfect time. According to cost versus value surveys conducted annually by Remodeling magazine, “The average return on investment for a basement project is around 75 cents on the dollar. Besides the financial gains, refinishing a basement will add new functionality to your home: more bedrooms, more efficient storage and more space for entertaining.” Seems like a sure-fire win, win.

Add Curb Appeal
When buyers see that the outside of the property is taken care of, they’ll be more excited to see the inside. Remember, first impressions make lasting impressions. According to Anji, “Curb appeal can increase your home value by 7%. Buyers are increasingly prioritizing outdoor living spaces and an attractive lawn has the biggest ROI at 256%. Trees can add $1,000 to $10,000 to your home value and simple landscape maintenance tasks usually pay for themselves.”

Whether you’re in the market to sell your home or just want to make some budget-friendly renovations that you and your family can enjoy, making the right upgrades can help enhance your quality of life and add a few more dollars to your bank account down the road.

Uncategorized October 3, 2022

Insider Tips to Buying a Home in Today’s Market

It’s always hard to predict the future, especially with the housing market. But one thing is for sure – real estate remains a sound investment. If you’re looking for your dream home, here are some tips to help set you up for success and guide you through this buying season.

Assess Your Financial Health
Before you fall in love with your dream home, make sure you’re prepared to purchase it. Take a look at your bank accounts along with your monthly spending, so you have a clear and realistic picture of your finances. This will also help you figure out how much you can afford to put toward a down payment. It’s also a good time to check your credit score. Most importantly, you’ll want to meet with a loan officer to get pre-approved, so sellers take you seriously and you’re in a better position to make a strong offer.

Tip: A pre-approval gives you more negotiating power because it tells the seller and real estate agent that your funding is in place and ready to go.

 Stay Flexible
Whether it’s time or money, be prepared to give a little more. Say for instance, there’s competition on a house and you’ve been outbid, but you have the flexibility to give the seller the extra time they need to close and move out. That can make a huge difference and could even put you ahead of the competition. Showing the seller that you’re willing to go the extra mile to purchase their home could earn your offer a second glance, especially if it helps make their life easier.

 Tip: Try to refrain from asking for favors. This is not the time to ask the seller to give you the refrigerator or washer and dryer, part with playset or paint the front door.

 You Found the One
You found a home that meets all or most of your wish list, it’s within your price range and you’ve stalked the neighborhood to make sure it’s right for you. Now’s the time to make an offer. Keep in mind that your opening offer should be based on two things: what you can afford and what you really believe the property is worth. Sure, there’s always a possibility that there will be other offers, regardless of the time of year and the market, but try not to let that influence you to pay more than you should.

Tip: Offer more earnest money. While it’s not always required, it could help you stand out in this competitive housing market. Sellers like buyers that make these good faith deposits because they want assurance that the sale won’t fall through.

Buying a new home is an exciting time and can also be a stressful time, but if you’re prepared and keep these tips in mind, you should find it a much smoother process. And finally getting the keys to your new home makes it all worth it!

Lifestyle September 26, 2022

Halloween Home Safety Tips

With over half of U.S. households celebrating* Halloween and 66 percent of them planning to participate in trick-or-treating, make sure kids are safe and sound when coming to your door. Here are some tips to make sure this Halloween isn’t physically frightful at your home.

Keep a Clutter-Free Haunted House

Homeowners should remove anything a child can trip over from the front yard, porch and stairs leading to the front door. Make sure all walking paths are clear of lawn decorations, potted plants, extension cords, hoses, gardening equipment, bicycles, barbecue grills and anything else trick-or-treaters might run into, especially when they can’t see at night. And don’t forget to leave the front of the house and exits well-lit and the lawn sprinklers turned off.

Corral Your Pets

Your guests don’t need to feel threatened by a strange dog, or worse yet, knocked over by an excited  pet because of unfamiliar visitors. So, make sure all your pets are on a leash, and if your dogs are prone to barking at strangers, put them in an interior room so they won’t see trick-or-treaters at the front door.

Spooky and Safe Decorating

  • Decorate outside with ghouls, goblins, mummies and tombstones in a way that they won’t tip over or blow away. When considering props, use fake and safe alternatives – rather than anything sharp or heavy.
  • Don’t become Clark Griswold by overloading your electrical outlets with decorations. Instead, follow manufacturer’s instructions to prevent damage or injury.
  • Make sure decorations are kept from sources of fire. Avoid open flames altogether and consider LED lighting or battery-operated candles for optimal safety. When selecting decorative lights, check for safety certifications such as UL, CSA, ETL or another nationally recognized laboratory. And don’t drape fabric or crepe paper over light bulbs or you might have a fire on your hands.

The trick to making Halloween a treat for those costumed candy collectors is to have a scary, but safe, haunted house for them to visit.

Real Estate News, Tips, & Tricks September 21, 2022

August 2022 Market Update Statistics

Lifestyle September 19, 2022

5 Simple Ideas for Fall Home Makeovers

Whether your fall interior design aesthetic is spooky, sophisticated or somewhere in between, it’s the ideal moment to implement some fresh ideas to spectacularly enjoy the season. If you’re ready to deck out your home for fall, here are five easy, creative ways to infuse fall colors and textures into your décor:

Add Seasonal Wreaths

Not only do fall wreaths add beauty to your front door, they can also add a to

uch of the season inside your home. Try a playful twist on the traditional fall palette with unique “statement” fall wreaths, which are a must-have this fall. For the crafty, DIY wreaths are a whimsical way

to add some vibrancy to your usual autumn décor. Remember, wreaths are versatile! Display a colorful wreath as a table centerpiece or hang it from a pretty ribbon to enjoy it from a different perspective.

Update Pillows

Switch out summer pillows in lightweight fabrics in your family or living rooms for luxe, velvet ones in rich, fall shades. Think burgundy, cinnamon or caramel velvets and warm brown brocades, or classic fall colors in strong hues like burnt orange or exotic chinoiserie red.

Swap Out Rugs

Change area rugs throughout your home, replacing lightweight summer jute rugs with thick, plush rugs in rustic, autumn colors to make rooms look and feel warmer.

Add Flowers

Create a beautiful fall table with distressed and repurposed containers filled with your favorite fall lowers and dark-hued berries. Or make a cornucopia of fall colors by arranging autumn blooms on a chic serving tray. Mimic nature’s fall transformation by introducing dried floral arrangements into your home – adding a rustic vibe to match the season. Add some beautiful fall-colored flowers, like mums or cockscombs, to your front porch or patio.

Cozy Up Outdoors

Make the most of fall’s cooler evenings by creating a small conversation area around a firepit on the deck or in the backyard. Bring out a few pillows and autumn-inspired throws for the chairs and keep a large basket nearby so yo

u can easily bring the linens indoors if inclement weather threatens.

These are just a few of the many ways to fill your home with autumn beauty without overhauling your holiday décor stash.

 

 

Lifestyle June 23, 2022

Tech To Smarten Up Your Household Cleaning

Need a little help around the house? Today’s technological gadgets can clean gutters, mow lawns, vacuum floors and even clean your toilet bowls. This real-life tech is accessible for everyone to make life a little easier. Check out these cool ideas for some smart home cleaning gadgets.

Say Goodbye to the Pool Boy

Robotic pool cleaners can brush, scrub, vacuum and filter your pool’s surface, making them just as handy, if not more so, than your typical pool maintenance company. Say goodbye to pesky leaves, dirt and grime on the pool walls with a touch a button. Top-of-the-line models let you set daily or weekly schedules with hassle-free cordless options.

Lawn Time Coming

The days of fighting the lawn (and the H.O.A.) are over. Robo lawn mowers are rapidly evolving to become even more efficient, streamlined and even quieter for painless grass cutting. That way, you can focus on spending time with family and friends instead of mowing your lawn under the hot sun. Many models can be scheduled to cut when you want them to and offer easy control, so you can take the work out of yard work.

Toilet Talk

Smart toilets offer amazing technology such as ultraviolet light for sanitizing, night lights, self-cleaning nozzles and deodorizers. These thrones give you more than the traditional toilet. Newly added comforts such as a heated seat, automatic opening and closing lid, front and rear warm water sprays, auto flush and warm-air dryer make your bathroom a high-tech experience.

Pet Products Save The Day

Tired of constantly cleaning the litter box? There’s a robot for that. Check out this awesome list of smart pet products, including a remote-access automatic feeder, glow-in-the-dark collars, automatic pet door, treat tossing camera, GPS trackers and of course, the self-cleaning litter box. You and your furry friends will be glad you did.

Smart Starts in the Garage

If you’ve ever been locked out of your garage, you know the feeling. That’s why smart garage door openers have been popping up everywhere to give homeowners access to easy-to-use tech. From Amazon deliveries to letting family and friends inside, these clever openers don’t just click to close. They let you have control from your phone with daily notifications, custom schedules and even home lighting accessibility while you’re away.

Let’s not forget gadgets that wet mop, clean windows, scrub barbecue grills, offer companionship and even teach the kiddos. With so many options today, new technology can be a reality of modern life and can make yours so much easier!

LaDawn's Lineup June 9, 2022

LaDawn’s Lineup: iN-TEA

Welcome to LaDawn’s Lineup! Here we will feature some of LaDawn’s favorites from around the Denver Metro Area!

Today, we will be highlighting iN-TEA in Littleton, CO. From iN-TEA, LaDawn has three go-to’s…

Black tea

Birthday Tea- This tea is not only aromatic, it is also stunningly colorful! This tea offers notes of citrus and passionfruit!

Herbal tea

Midnight Blue- With base notes of blue lavender, cornflower, lemon and mango flavor this tea very floral and, according to iN-TEA, is delicious iced for those warmer days.

White tea

Good Morning Grapefruit- This is a sweeter tea that pairs perfectly with the grapefruit’s acidity. Since this is a white tea, it is the most delicate.  iN-TEA recommends using 80 degree water to avoid burning the delicate tea leaves!

Give iN-TEA a visit and let us know on Facebook what your favorites are. Stay tuned next month for LaDawn’s Lineup for more amazing finds!

 

 

 

Lifestyle June 2, 2022

Five Tips for an Awesome Outdoor Movie Night

There’s something magical about watching a movie on a warm summer night under the stars with friends. If you’re not close to one of the few drive-in theaters still in existence, no worries – you can easily transform your backyard into an outdoor home theater. Here are five tips for turning your backyard into a pop-up movie theater.

Projector and Screen

If you want to capture the essence of the drive-in theater, there’s no substitute for a good projector. An outdoor projector should be at least 1,200 lumens, a measurement of how much light a device emits. Another must-have feature are HDMI ports, so you can connect items such as Blu-ray DVD players. If you don’t want to invest in a projector, bring your TV and DVD player outside.

Comfy Seating

Provide your guests with a range of comfortable seating options, including patio furniture, lounge chairs, blankets and outdoor pillows. Of if you have a pool, even better. Host a raft-up party and invite guests to bring their own pool float to relax on while the movie plays.

Snackage

Step up your game by creating a popcorn bar for guests. Fill small decorative bags with popcorn and offer an assortment of candy treats, marshmallows and other sweet mix-ins. And, of course, a movie night wouldn’t be complete without offering some classic movie-theater candy like Raisinets, Jujubes and the perennial favorite – Junior Mints!

Soft Lights

While your yard needs to be dark enough to see the movie, you also will need a little light so guests don’t trip over each other on the way to the snack bar. String lights and luminaries are a nice inexpensive option, casting a glow over your yard without distracting from the movie.

De-bugging

Spray the backyard before guests arrive, or, if your backyard isn’t generally buggy, offer them insect repellent. There is quite an array of natural bug-repelling options available to keep the swatting to a minimum.

Hosting a backyard film fest isn’t as challenging as you might think. With just a little planning ahead and some creativity, you can bring the drive-in movie theater experience to your backyard… possibly even better.