Let’s face it – selling a home in a buyer’s market is far from ideal. In this scenario, a home seller likely will compete with many property sellers to promote his or her residence. And despite a home seller’s best efforts, there are no guarantees that he or she will be able to maximize the value of a residence.

A buyer’s market often is a dream come true for property buyers and a worst nightmare for property sellers. Lucky for you, we’re here to help you navigate a buyer’s market and ensure you can get the best price for your home.

Now, let’s take a look at three tips that every home seller who is operating in a buyer’s market needs to know.

1. Complete a Home Appraisal

A home appraisal offers a valuable opportunity for a home seller because it enables this individual to identify a property’s strengths and weaknesses. That way, a home seller can find the best ways to enhance a residence and help it stand out from other available properties.

Typically, a home appraiser will inspect a residence both inside and out. After the evaluation is completed, the home appraiser will provide a home seller with a report that describes problem areas that were identified during the assessment.

A home appraisal report can make a world of difference for a home seller, particularly in a buyer’s market. With this report in hand, a home seller can work toward enhancing a house’s interior and exterior.

2. Establish a Competitive Price for Your Residence

What you paid for your home a few years is unlikely to match the value of your house today. Meanwhile, a home seller should set a competitive price for a residence to ensure that his or her house stirs up plenty of interest from homebuyers.

To determine a competitive price, examine the prices of comparable homes that are currently available in your area. This will help you establish a price range for houses similar to your own.

Furthermore, check out the prices of recently sold homes in your city or town. This housing market data can help you make an informed decision about how to price your residence.

3. Work with an Experienced Real Estate Agent

An experienced real estate agent is unafraid to list a home in a buyer’s market. In fact, this housing market professional knows exactly what it takes to sell a residence in any real estate market, at any time.

Thanks to an experienced real estate agent, you can streamline the home selling process. This real estate professional will showcase your house to the right groups of property buyers consistently. He or she also will set up home showings and open houses, negotiate with property buyers on your behalf and do everything possible to help you optimize the value of your residence.

Take the guesswork out of selling a home in a buyer’s market. Use these tips, and you can keep things simple as you sell your residence.

Tagged with:
 

Reducing your home’s energy consumption not only saves money, but it also increases the value of your home.

Installation of a metal roof with a remotely controlled mechanical venting space, solar powered fans to induce attic ventilation, and a properly sized roof overhang that shades exterior walls from hot summer sun can substantially reduce peak of summer air-conditioning requirements by keeping the roof, attic and walls cool with little energy drain. Working with your architect and landscape professional, you can incorporate existing natural features such as embankments, established trees, and boulders presently in place to serve as erosion control, provide shade and serve as a windbreak.

To promote energy conservation, the home should be orientated on its site to take advantage or bring abundant sunlight into the home’s interior reduce lighting requirements and to take advantage of prevailing breezes. Skylights, windows, light shelves and light monitors are used to bring daylight into dark interior spaces while outdoors the exterior is fitted with shading devices such as green screens, sunshades, canopies, and trees to block hot summer sun.

The use of dual glaze windows reduces heat loss during the cold days of winter and reduces heat gain during the dog days of summer.

Installing a lighter colored roof saves money by lowering rooftop temperatures of up to 90 degrees Fahrenheit, thus providing an HVAC annual energy use reduction by up to 15 percent. Known in the construction industry as “cool roofs” light-colored roofs reflect twice the amount of sunlight, as does a traditional dark-colored roof, keeping home rooftops substantially cooler.

Competitively priced Insulfoam HD Composite Roof Insulation is another strong competitor in the green roof insulation market. Offering strong R-values, sustainable qualities such as no formaldehyde or HCDC, and 100 percent recyclability and available in various densities, Insulfoam HD Composite Roof Insulation is a popular construction material suitable for new construction or refits.

Another popular roofing option for green building is Radiant Barrier OSB Roof Sheathing, designed to reflect up to 97 percent of the sun’s radiant heat and to prevent it being from being absorbed into the attic of the home; potentially lowering energy consumption. Although the summer heat is certainly an issue, the winters are cold, and the warm of the sun is valued. This type of roof is most popular in regions where the sun is fierce year-around.

Many green home building contractors employ alternative energy sources to cut back on utility bills through the use of natural power. There are innovative systems designed to directly generate electricity, usually through wind power or solar power. Geothermal and solar hot water systems can also be used to heat or pre-heat water for use in showers, sinks, laundry, or even to supplement heating and cooling.

Another new advance in technology incorporates passive solar collection with attractive ceramic solar collecting roof tiles. The tiles are installed the same way as conventional roofing tiles but provide a home with supplemental free electricity.

Incorporating passive solar design features capture the sun’s energy to keep the home interior warm and toasty while reducing energy costs. Thick interior concrete walls and floors crafted of plaster, brick or concrete soak up the sun’s heat during the day and release it at night when the sun goes down. Employing passive solar helps to stabilize temperature fluctuation and make room, or the entire house, more comfortable.

Tagged with:
 
Set your Twitter account name in your settings to use the TwitterBar Section.