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Wednesday, November 28 2018

We all know that our homes are our castles. We take a good deal of pride in our home and the security and comfort it provides. At times, this pride can cause a loss of perspective when it comes to how the property stacks up in the market. We don’t notice the faded wall paper or the stained counter top. We know that the carpet is older but it looks ok and won’t affect a prospective buyer’s perception of the value of the house, right?
Wrong.

sanibel real estate

Sanibel Island home for sale Updating or renovating a property is not easy, nor is it fun for many folks. The disruption and the expense are real deterrents to jumping into a kitchen or bathroom remodel. As a result, many times when it comes time to sell the property, the actual value of the home to the market isn’t as high as the sales prices of others in the neighborhood. The comparable houses in the neighborhood that have sold may have had updates and features that are not as obvious from driving by. The result may be Reverse Sticker Shock. The awareness that your castle isn’t really as valuable as you thought it was!  
Ways to combat Reverse Sticker Shock:
1. Ask two of your most trusted Real Estate advisors to do a CMA (Comparative Market Analysis) of your property.  Specifically ask them to evaluate the improvements and features of the compared properties in light of your own.
Sanibel Island real estate
Sanibel Island real estate 2. Get cost estimates for the updates and improvements that a prospective buyer may want to do should they purchase your property. Realize that these are not necessarily dollar for dollar deductions on your property – after all, the home is functional – but they are dollars that the buyer will take into account when doing their own evaluation of value.

3. Be objective. Take a look at the curb appeal, the real appearance of the interior rooms of your property – bring in a trusted, and honest, friend or family member to validate or debunk your thoughts.
Your home is your castle – just keep it in perspective. If you truly want to sell, getting your initial pricing right will make your selling process much easier!

Call me TODAY and I can provide a free Comparative Market Analysis of your home's value and we can start you on your way to a successful sale!

239-691-4915

Sanibel Island real estate

Sarah Ashton, Broker Associate
ReMax of the Islands
239-691-4915
Web Contact Form

Posted by: AT 09:35 am   |  Permalink   |  Email
Wednesday, November 14 2018

Dealing With Home Inspections Before You Buy!

You have just signed a contract for your Sanibel Island Dream Home and your Realtor says – “What Inspections would you like to have on the property?”

Inspections are a good idea in most instances so that you – the buyer of the property – know what you are getting.  Some of the most lovely properties have been found to have some serious, but fixable, issues upon review by inspectors. 

Sanibel island real estate
Sanibel island real estate Examples of this include finding evidence of active termites, copper piping that may be ready to leak, wood pilings that may have been covered so that the damage from wicking isn’t obvious.  All of these, plus others, can be very unpleasant, even scary to a buyer, however with a through inspection, the property can most likely be fixed.
At the most basic, a General Inspection from a licensed inspector or General Contractor, and a Termite Inspection (WDO – Wood Destroying Organism inspection) would be a good place to start. These inspections will tell you if you need to bring in a roofer for a review and estimate on roof repairs, or a pool contractor if there seems to be a problem with the pool. A general inspection for termites, or similar wood destroying pests is also a good idea.   Sanibel island real estate
Sanibel island real estate

If mold is suspected, or the buyer has concerns about indoor air quality, a Mold Test is a good idea.  Many General Inspectors are either licensed to do this test or can coordinate bringing in a specialist for this test. 

Radon testing is also a test some folks will request.  Talking with your Realtor and the Inspector can determine if these tests make sense for the type of property you are purchasing and the concerns you may have.

Are you planning on selling your house in the next six months?  You may want to do pro-active inspections to find out and address any items that might be obstacles for potential buyers.  Most buyers like to know that the seller has been taking care of the property and that repairs have already been made. At the end of the day, inspections are a great idea so you can minimize surprises after the closing. Sanibel island real estate
Sanibel island real estate

As always, a Realtor (Me!) can help you through this process. I work with buyers and sellers concerning inspection issues and I'm sure I can help smooth the process. Give me a call, even if it's just for an estimate of the value of your property, or general questions about selling or buying a home on Sanibel or Captiva Island. Buying on a barrier island is different than buying a mainland home and I'd love to work with you!

Give me a call Today!

239-691-4915

Sarah Ashton, Broker Associate
ReMax of the Islands
239-691-4915
Web Contact Form

Posted by: AT 10:46 am   |  Permalink   |  Email


Servicing the Real Estate Needs of Buyers and Sellers on Sanibel and Captiva Islands.

 
ReMax of the Islands Sarah Ashton
Sarah Ashton Sarah S. Ashton, Broker Associate, Realtor®
ReMax of the Islands
2400 Palm Ridge Road
Sanibel, FL 33957

 

Office Phone: 239.472.2311
Mobile: 239.691.4915

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