Meet Kelly Golden, local Real Estate Agent and mompreneur. Each month, Kelly will offer Plymouth Macaroni Kid readers local home and realty advice in her column, "Kelly's Korner". For more information on home values, being the CEO of your home, and local tips, follow Kelly's team @HomeWithTheGoldens on Instagram or stop by their page,www.homewiththegoldens.com!
As real estate agents we see some pretty unusual things - teardowns, new builds with lights in the banisters, studios in Boston that cost as much as a 2,000 sq. ft. home outside the city, and multi-family homes with apartments tucked in every nook and cranny. However, we have almost never seen anything like this housing market itself. Overall, home values have skyrocketed in the past year. There are a number of reasons for this, but more important for you to consider is how to maintain your home value. Below are three quick things to consider both about keeping up your home value, and what to do with it!
- Keep up with it: as a parent, I recognize that at no point will all the rooms in my home be clean at the same time. However, maintaining your home is critically important to keeping up your home value. A few quick fixes such as power washing your exterior, staining your deck, or keeping your gutters cleaned can make a world of difference. If yard work is not your thing, hire a landscaper once a year for a quick but thorough clean up. These small fixes can go a long way to keeping the curb appeal of your home.
- Capitalize on the market by investing back in your home: Your home value has likely increased as a result of the overall housing market. While you may not be ready to sell, it could be a good opportunity to tackle that dream project such as a new kitchen or replacing your roof. These updates will increase the value of your home either for your own enjoyment or to ensure the best sales price if you plan to sell down the line. Talk to a certified mortgage lender or financial advisor about using some of that equity for some updates.
- Watch the market: You have probably heard whacky stories of homes being listed for exorbitant amounts, and still getting multiple offers over asking price. Overall, this is true; but as you can imagine, those who have worked to maintain their home values over time are seeing more significant returns.
While you may not have thought you were ready to sell, it could be helpful to understand what is happening in your local market and find out what your home may be worth. Don’t be scared of finding your next property! There are many ways we can work together on your offer terms, lending, and creative ideas for suitable housing, if you are interested to get started.
Below are some stats to show you what is going on specifically in the Plymouth housing market. We will continue to feature towns around the South Shore on our Facebook and Instagram pages. Thanks for following!
For more information on home values, being the CEO of your home, and local tips, follow our team @HomeWithTheGoldens on Instagram or stop by our page, www.homewiththegoldens.com. You can also find Home With The Goldens in the Plymouth Macaroni Kid Business Directory!
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