Broker’s Perspective – Love it or List it?

Windermere Stanwood-Camano Real Estate Brokers are deeply connected to the issues that face local home-buyers and sellers. In this series of blogs, The Broker’s Perspective, Windermere Stanwood-Camano Brokers provide insight into current Real Estate market trends and topics.

This week we take a look at the popular topic of “Should I move or remodel?” Nancy McClure, a broker from our Camano Island office gives us her perspective on this hot topic.

Original Windermere blog;  Should I Move Or Remodel?


Windermere Broker Nancy McClure gives us her perspective –

Windermere Broker, Nancy McClure

What are the most important factors to consider when trying to make the decision to move or remodel?  

Most decisions with Real Estate ultimately come down to decisions based on Cost or Location.   If you are located in Seattle and accept a job in Spokane, most likely you will move instead of remodeling, basing the decision on your location.

If you love the neighborhood you live in, but would like an updated home, remodeling or moving is generally considered based upon the cost.

If you are looking at remodeling with the intent to move,  the remodeling decisions are usually based upon remodeling costs vs. possible returns.

 

What home renovation projects deliver the best return on investment?

Paint!  Something this small can make a big difference and does not cost a ton.   When you start tearing things apart and renovating large parts of the home, it can be challenging to recoup your investment dollar for dollar.   However, this is probably not the case with a “fixer – upper” that is purchased at a lower price point.  Fixer upper homes generally have more flexibility on larger renovation projects based on the fact that these homes are purchased with the intent to remodel and sell.  In the case of a fixer-upper,  here are a few things that can add good value to the home,

Remodeling the kitchen and bathroom – Kitchen remodels can change the entire feel of a home.  If the kitchen is outdated there is a good chance the bathroom is too!

Adding a bedroom – This can be done by finishing basements and attics or putting a closet in a spare room and can definitely raise the value of the home.

Replacing doors and windows, installing new heating or cooling systems – Energy efficient homes are in demand.

Adding a deck or putting on a new roof – These are just a sample of some exterior projects that will give you an immediately improved look and a higher home value.

Other projects that may add value include replacing siding, adding a garage or carport, repairing front porch, landscaping and resurfacing the driveway.

 

Could your renovations possibly decrease the sale price of your home?

It sure could.  When making the decision to remodel with the intent to sell the home it is important to choose timeless, classic details.  Choosing a color that is not popular, or a layout that is not functional could definitely be detrimental.   Contractors, Interior Designers, and Real Estate professionals can help you with the most sought after details in homes today.

 

Do we have good resources in our local Stanwood – Camano area such as custom builders, licensed contractors, and interior designers?

We do. Both of the Windermere offices have information on local resources. Also, our brokers are deeply connected to the community, so many have personal connections with contractors, builders and much more.  Stop by and we’ll give you a referral, or two!

 

Any parting tips you may want to leave us with?

If you end up selling, don’t forget curb appeal!  Homes that have great curb appeal tend to sell quicker and generally for a better price.

Remodeling a home isn’t quite as easy as HGTV makes it look!  Start with a good support network, know when to hire a professional, do your research and don’t forget to ask your contractors for references before hiring them!  And then go have some fun!

Posted on April 16, 2019 at 3:46 pm
Windermere Stanwood Camano | Category: Buying, DIY, Selling, We Are Stanwood Camano

Real Estate Forecast 2019

Nationally Recognized Economist, Matthew Gardner, Secured as Keynote Speaker for Community Forum in January

 

Windermere Real Estate Camano Island & Stanwood has secured nationally-recognized, expert chief economist, Matthew Gardner, as keynote speaker for Real Estate Forecast 2019, a community forum scheduled for Friday, January 25, 2019 at the Camano Center. The forum, which will take a macro and micro look at economy, housing, and the economic forecast, is open to the public at no cost. Reservations are required. Doors will open at 6PM; the presentation will begin at 6:30 PM.

“This past year, our office has been inundated with questions about the economy and whether or not it’s still a good time to buy or sell,” said Marla Heagle, owner/broker of Windermere Real Estate Camano Island & Stanwood. “We encourage our neighbors to attend the forum to get a broader understanding of the current and anticipated state of the real estate market, locally and beyond. We are privileged to have a recognized expert in Mr. Gardner at this year’s event who will, undoubtedly, shine new light on the topic for us all.”

As the Chief Economist for Windermere Real Estate, Matthew Gardner offers more than three decades of professional experience analyzing and interpreting economic data and its impact on the real estate market. As this year’s keynote speaker, Gardner will provide insight into the real estate landscape through a macro lense, looking at it on a global, national, and then regional scale, followed by a more micro concentration of our local market. Attendees will garner real-time knowledge of current market trends in relation to the economy, and how these factors could impact overall buying and selling behaviors in the coming year.

Doors will open at the Camano Center at 6PM for a cocktail and heavy appetizer hour, followed by a 45-minute presentation by Gardner. Attendees will have an opportunity, immediately following the presentation, for an extended Q&A session lasting until 9PM. The Camano Center is located at 606 Arrowhead Road on Camano Island. Reservations are required. Call (360) 387-4663 to reserve your seat, or click the link below.

RESERVE YOUR SEAT

 

Posted on December 14, 2018 at 1:41 pm
Windermere Stanwood Camano | Category: Housing Trends, Press Releases, We Are Stanwood Camano

We Are Stanwood Camano Giving Tree

Windermere Stanwood and Camano Island Prepares “We Are Stanwood Camano Giving Tree” to Support Neighbors in Need During Holiday Season

 

CAMANO ISLAND, WA (November 16, 2018) – Just in time for the Thanksgiving holiday weekend, Windermere Real Estate has put up its “We Are Stanwood Camano Giving Tree” at its Terry’s Corner office located on Camano Island to benefit local people who need a little bit of help this year. Strung throughout the Christmas tree, anonymous tags noting an individual’s age, gender and interests will be hung for people to choose from and fulfill with an appropriate gift. All donated items are to be turned into the Windermere office by December 15 so that Santa’s Elves (ie. Windermere brokers) can wrap and deliver the gifts before Christmas arrives.

“This is a project that all of us at Windermere look forward to each year,” said Marla Heagle, owner/broker of Windermere Real Estate Stanwood Camano Island. “Our tree is loaded with names of people right here in our community who just need a little help. We’re encouraging the community to stop by our office, grab a tag, and take advantage of this weekend’s Black Friday sales to fulfill someone’s Christmas wish. It’s a small way to give back and elevate your spirit during this season of gratitude.”

The individual’s profiles that fill each tree tag were submitted by the faculty of local schools. It’s a process that affords families with the anonymity, but also the holiday joy, they deserve to experience this time of year.

Donated items will be accepted at the Windermere office on Terry’s Corner between Friday, November 23rd and Friday, December 15. All donations (ie. toys, books, stuffed animals, etc.) must be brand new at the time of drop off. The Terry’s Corner office is located at 818 North Sunrise Boulevard on Camano Island. Office hours for drop off are between 9AM and 5PM Monday through Saturday, and 10AM to 5PM on Sundays.

About Windermere Real Estate Stanwood and Camano Island
With an extensive network of over 50 agents serving Island, Skagit and Snohomish County, Windermere Real Estate Stanwood and Camano Island provides decades of combined experience and local knowledge. The Camano Island Windermere office was started in 1991 and purchased, along with the Stanwood office, in 2005 by Randy and Marla Heagle. The Heagles work hard every day to bring value and positive change to the Stanwood and Camano Island community.

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Posted on November 19, 2018 at 9:52 am
Windermere Stanwood Camano | Category: Community, Housing Trends, Press Releases, We Are Stanwood Camano