Blog :: 08-2020

Welcome to Our Real Estate Blog!

Read our latest insights into the Greater Washington real estate market, including Maryland, Virginia and Washington, D.C. Our team of expert real estate professionals at RE/MAX Realty Group have a finger on the pulse of the local market. Stay tuned for news and analysis on all the most important topics pertaining to real estate and home ownership in Maryland, D.C., and Northern Virginia.

 

Your Best Strategy for Curb Appeal? Your Yard

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Obviously, when buyers are searching for a home, the house itself is top priority. But when it comes to choosing among similar houses, your yard can help make your home stand out over others. Here are some tips for creating a yard that boosts curb appeal and lets your home shine.

Take your house into consideration. Create gardens based on the style and architecture of your home. Have a contemporary home? Go with a minimalist landscape or a Japanese garden design. Have a farmhouse? Choose a cottage garden with an informal design, and traditional and dense plantings. 

Keep things in proportion. If your home is large, small, dainty flowers won’t showcase it properly. Instead, use plants in a repetitive fashion, such as rows of shrubs. Conversely, if you have a smaller home, make sure it’s not overwhelmed by large shrubs and overgrown plantings. Make sure your garden complements the shape and size of the house.

Pay attention to hardscaping. While your lawn and plantings understandably take center stage in your landscape, your hardscaping can make all the difference. Take the time to clean or update walkways, front steps, gravel paths, slate patios, garden borders, etc. Then consider adding elements like a bird bath, garden bench or stone fire pit. Attention to detail when it comes to your yard’s hard surfaces can make or break your lawn, trees and garden beds. 

Make your front door the star. Nothing says curb appeal better than a welcoming, attractive passage to your front door. Make the path natural and intuitive so guests easily know how to get to your front door. Accentuate the door or key points along the path with plantings and lighting.

Don’t forget about the seasons. Your landscaping may look great in summer, but how does it fare in winter? Make sure your yard is adorned with trees, shrubs and evergreen selections that add structural interest and a healthy dose of green even on the dreariest winter day. 

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    Researching Homes That Have Sold in Your Neighborhood Could Help You Sell Your House

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    Before you list your home, you must figure out your asking price. Real estate markets go up and down frequently, and many local factors and characteristics specific to individual properties can affect prices. A comparative market analysis can help you set a reasonable list price so your home will be more likely to attract a buyer. 

    Why Is Setting the Right List Price So Important?
    Overpricing your house could cause it to linger on the market for months with little or no interest from potential buyers. You could lower your asking price later, but by then, buyers may have already shifted their focus to other properties.

    If you list your house for a price that reflects its fair market value, you will have a good chance of attracting a buyer. You may even receive multiple offers and sell your home for more than the asking price. 

    What Is a Comparative Market Analysis?
    A comparative market analysis can examine houses in your area that are similar to yours in terms of size, location, age, number of bedrooms and amenities. It can also take factors such as the school district and property taxes into account.

    Your real estate agent can use software to perform a comparative market analysis. The agent can provide a report with information on comparable homes that are currently listed for sale, houses that are under contract but have not yet been sold and homes that have been sold recently. It will also include homes that did not sell because they were priced too high or that were taken off the market for some other reason.

    A comparative market analysis can also provide information on the features that buyers are looking for in their next home. If your house lacks something that many people consider a must-have, such as an updated kitchen, you may be able to invest some money in home improvements before you list your house, giving your home a better shot at appealing to buyers.

    Seek Your Agent’s Help So You Can Make an Informed Business Decision
    When selling your home, it’s easy to let emotion influence your decisions, but you should do your best to keep that out of the equation. Set aside the fond memories you have made in your home and take a dispassionate look at how it compares to others in the area. Your real estate agent can perform a comparative market analysis, explain the details in the report and give you more information on your local housing market so you can set a list price that will help you sell your home as quickly as possible.

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