Carol Rock's Blog
Many of us will move home several times throughout our lives. Whether it’s relocating for work, needing a bigger house for children, or a quiet place to retire to, it’s likely that the home you live in now won’t be yours forever.
As a result, many homeowners wonder what they can do to ensure their home will have a high resale value when the time comes to move on.
The good news is that there are a lot of things you can do now that will give you a good return on investment when it comes to selling your home later. However, there are a few factors that affect a home’s valuation that are out of your control. We’ll talk about all of those factors below. So, read on for a list of the factors that affect your home’s resale value.
The age of your home
Your house may not complain about it, but it isn’t getting any younger. Homes tend to slowly decrease in value over time. A home built in the late 1970s, even if it’s well taken care of, most likely won’t sell for the same price as a 15-year-old home.
There is one exception to the rule, however, and that is historical houses. Homes that are a century old can sell for top dollar because of the craftsmanship and history that the house contains.
Admittedly, this is a niche market, as many people just want a safe and efficient home to live in. However, there are some homebuyers who will put in a bit of extra work around the house for the chance to live inside of a piece of history.
When you’re upgrading your house it’s important to remember how that upgrade will pay off years down the road. Some renovations will almost always give a good return on investment such as a finished basement or attic and improving efficiency via added insulation or replacing windows.
Renovations that match a very specific decorative taste or style could come back to haunt you. This includes bathroom sinks, kitchen cabinets, countertops, and other expensive projects that are subject to the next owner’s taste. While these upgrades can give a good return on your investment, they’re more likely to be successful if they fit the current trends of style and craftsmanship.
Neighborhood and town
One of the factors of home valuation that you have little control over is the town and neighborhood the house is located in. If there are closed down businesses, foreclosed and deteriorating homes then potential buyers might be turned off to the neighborhood.
Similarly, the town you live in has a lot to do with how much people are willing to spend. If you have easy access to interstate highways and large cities, highly rated schools, and good local infrastructure, then buyers are likely to take these into consideration when making an offer, as the average cost of a home in your town is likely higher than some surrounding towns.
DiagnosisBefore you start buying new routers or range extenders, you should first get an idea of what your average download speed currently is. There are many free websites out there that can tell you this information, but speedtest.net is one of the veterans in the field that is user-friendly and widely trusted as one of the best. Run the test at different times of the day. See how it's affected by someone else streaming videos on a another device. This will all help provide insight into the issue you're having. If you notice a problem only at certain times of the day, the problem might not be your modem or router, but rather that your internet provider is oversubscribing and getting backed up during internet rush hours. It's also a good idea to change the password on your Wi-Fi network in case you have a neighbor that you're providing free internet too.
Update your hardwareIf you're paying $60+ per month on high speed internet but can't ever stream videos there's a problem. Many people assume that paying more for internet automatically means they'll get faster download speeds. If you're using an outdated router, however, it won't matter how much you pay monthly, you're still going to see slow speeds. Check out some of the latest model routers on Amazon or at Best Buy and read the customer reviews. You won't want to buy any routers that are more than a couple years old as Wi-Fi technology progresses somewhat rapidly.
Tweak your routerIf you recently purchased a brand new router but aren't getting the results you expected, maybe you need to make some changes to the router itself. Try setting the antennas vertically and placing the router on top of a cabinet in your house for better signal reception. Alternatively, you could look into replacing the antennas on your router for ones that will emit a stronger signal.
Expand your signalIf you live in a large house or often use devices in the basement, far away from your router, you might consider buying a wireless range extender. Extenders come in various shapes and sizes. Some are tiny adapters that stick out of your power outlet, others look just like routers, and others work as a system of small routers that you place around your home to provide blanket internet coverage.
Pretend you're in ITThere might be some changes you can make to your router that will make a huge difference in internet speeds. Sometimes that means updating the firmware of your router, other times it means switching the channel your router is broadcasting on to avoid interference with other routers or wireless systems. To make these internal changes, type in the IP address (usually located somewhere on the bottom or back of your router) into your browser and type in your username and password, then follow instructions for your specific router.
Deciding what books you needEven though we live in the era of smartphones and ebook readers, there is still value in owning a physical copy of a book. There's the joy of holding it in your hand, admiring the cover art, flipping the pages, and--of course--that new book smell. However, you might not need to own a physical copy of every book you've read. With interlibrary loans, ebooks, and the Kindle app there's really no need for a huge collection of books. Weed out your collection and keep the ones that are most valuable to you. It will be hard to part with them, but if you donate to your local library or a charity you can feel good about your decision. You'll soon realize it's great to have the extra space.
Creative book storageIf you want to a fun, minimal bookshelf but aren't into the idea of having old milk crates stacked up against your wall, fear not--there are innumerable other options.
StaircasesThere have been countless fun and minimal staircase bookshelves created over the years. Sometimes people build on to the side of their staircase, other times they utilize negative space underneath to build a bookshelf that fits opposite each step of the staircase. If it's children's books you need to store in your kids' rooms, consider building a staircase bookshelf that leads up to the second bunk of a bunkbed. It will safe space and provide a safe way for your child to reach the top bunk.
Invisible bookshelvesIf the idea of having another piece of furniture in your living room just to put a few books on drives you crazy, consider using an invisible bookshelf. These wall-mounted systems are totally invisible behind your books and give the illusion that the books are just floating up against the wall, creating a minimalist's dream bookshelf. If you're more into cozy than minimal, try stacking the books from biggest to smallest on top of one another on a corner table. It's also a good way to hide wires that come from an outlet on the wall.
Built-in bookshelfSome older homes were built in a time where reading was a highly respected (and admittedly, one of the only) indoor pastimes. Many of these homes have walls with built in bookshelves. They add a stately look to a room and can serve as storage for items besides books too. It's possible to make your own if you're savvy when it comes to building. However you can also purchase bookshelves that give the illusion of being built into the wall.
There are countless reasons a homeowner might want to sell their home and buy another. Some want to move for a change of scenery or to relocate for work. Others are parents with a recently empty nest who want to downsize to something more affordable that meets their needs.
The good news for second time homebuyers is that you already have an idea of what to expect when buying a home. The research, paperwork, disappointments, and delays that come with buying a home can all be prepared for. However, if you have the burden of selling your old home, finding a temporary place to live, and then moving into a new one, your responsibilities can be doubled or tripled.
In this guide, we’ll go over how to prepare for selling your old home and moving into the new one. We’ll cover some common mistakes and offer some advice to keep you sane throughout this daunting (but exciting!) process.
Buying or selling first
For most homeowners, selling first makes the most sense financially. Holding onto a second house often means having to make two mortgage payments at once. Similarly, selling first will give you a much clearer idea of your budget for your new home.
Depending on market conditions, your home may or may not sell for as much as you were hoping. It’s important to keep this in mind before signing onto a new mortgage.
Once you sell your home, you’ll have to work out living and storage arrangements until you are ready to move into your new home. It may seem easy at first--just rent for a couple months until your move-in date, right? It isn’t always that simple, however, as deals can sometimes fall through and you can find yourself with a move-out date from your own home without having finalized a deal on your new home. Because of this, many homeowners elect to may their current mortgage for an extra month or two until they can move in to their new home.
Research your options for short-term living and storage in your area. See if you can work with moving companies who will give you a discount for helping you move twice; once to the storage facility and again to your new home.
One way around this is to time your move out and move-in dates so that you don’t have to worry about storage. Some homebuyers will even move into the new home before officially closing on the home (i.e., take possession before closing). While this may be convenient, it can also be dangerous for the buyer and the seller.
Keeping track of all this information can be difficult, so don’t be afraid to keep a daily list or planner of the things you need to take care of, and never be afraid to reach out to your real estate agent who will often be able to advise you on the best way to make your move as smooth a process as possible.
Do you speak dog?Our canine companions tend to let us know how they're feeling. When they're scared they lower their tail and cower. When they're happy they attach us while licks. However, there are many misconceptions about the body language of dogs. Here are some important ones every dog owner should know:
- Yawning. As humans, we yawn when we're tired. Dogs also share this trait. But if you own one you've probably noticed them yawning much more frequently than we do. This is because they also yawn when they're unsure of a situation, if they're around someone new, and if they're trying to diffuse tension.
- Whale eye. This is phenomenon occurs when your dog tilts her head and stares out of the corner of her eye, exposing the whites of her eyes. This can be mistaken for a "cute puppy" look, but it normally means they are afraid.
- Face-licking. As humans we tend to see face-licking as a sign of affection. In dogs, however, it is more likely a friendly sign of appeasement. It is usually seen in puppies and if it carries on into adulthood it can be problematic if your dog frequently licks other dogs' faces who might not appreciate the gesture.
- Tail position. Horizontal can mean the dog is alert. Facing upwards can mean dominance and aggression. Tail down can mean the dog isn't feeling well or is sad. Tail tucked can mean fear and aggression.
What's your cat thinking?Cats tend to be a bit more subtle in their communication than dogs (with the exception of when they're hungry and meowing incessantly). However, if you pay attention you can still get a glimpse into how your cat is feeling. There are three main indicators you should notice when trying to read your cat: the tail, eyes, and ears.
- Tail. A cat's tail will tell you a lot about their mood. A tail standing up and wagging means a cat is happy. However, a straight up, rigid tail can mean a cat who is aggressive. Similarly, a cat who is thumping their tail or waiving it with force can also be trying to show dominance and aggression.
- Eyes. Cat's eyes are very intense and expressive. Dilated pupils and a focused look can mean the cat is surprised or scared, but can also mean it is hunting something. Relaxed pupils, blinking eyes, or closed eyes, however all mean that the cat feels comfortable and not threatened.
- Ears. Ears pointing up are somewhat ambiguous; it can mean playfulness or attentiveness. Ears pointing back, however, are a sign of fear and aggression.