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Raleigh,Cary, Wake County Blog and Relocation Information

Cary, North Carolina

Welcome to my blog on Raleigh-Cary and the Triangle area of NC Real Estate. Here you can read current information on the Triangle area including neighborhood profiles, school information, taxes, market conditions, and even find things to do in the Triangle.

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Raleigh,Cary, Wake County Blog and Relocation Information

In my market, pools aren't worth it!!

Oct. 8, 2006
Categorized in: For Buyers

In some parts of the country (Florida and Arizona), a swimming pool is a must have. However, in the Triangle, a pool does nothing to increase the value of your home and can potentially drive away potential buyers.

I have had several clients in town recently from Florida, Texas, and Arizona. They are all used to having pools.  I thought I'd write about the drawbacks of having a pool in North Carolina.

A small pool in the Raleigh/Durham area is going to run you a minimum of $10,000 to install. However, comparitavely, there is little value that is added to the home as a result of this "improvement."

In addition, if the potential buyer of your home has small children, the pool becomes a liability. Parents of young children consider swimming pools a risk. At the same time, the insurance companies consider them a risk and the rates will be higher.

Put that on top of the costs associated with operating a private pool, and the monetary impact is just too much to consider building one in the back yard.

To add a little more fuel to the fire, keep in mind that many communities these days have their own swimming pool. Also, there is an abundance of "members only" pools where a family can purchase a membership, so the need for a pool in the back yard is not as great as it once was.

For information on your particular market, consult your Realtor.

What Your Should Do Now if You Plan on Selling This Fall

Sep. 6, 2006
Categorized in: For Sellers


Home sales during the fall are traditionally a bit slower than the frenzied spring and summer months. But fall can be a good time to sell because there are (usually) fewer houses on the market - meaning less competition - and buyers typically want to buy quickly before winter and the holidays set in.

If you plan on selling this fall, you'll want to do everything in your power to attract would-be homebuyers. One of the first things you should do is examine, and, if needed, repair any major structural systems. If you're unaware of any, you may want to hire a professional home inspector. Chances are a potential buyer will hire an inspector to examine the house, so you might as well save yourself any surprises down the road.

The American Society of Home Inspectors says a typical home inspection includes drainage conditions, exterior surfaces, decks, chimney, the roof, windows, doors, plumbing fixtures, furnace, air conditioner, insulation, ventilation, electrical, heating, and plumbing systems.

Once that's done, you should make sure you don't have any loose shingles. Repair and paint your gutters, if needed. Once the structural systems are repaired or given the thumbs-up, then you should turn to appearance.

And when it comes to looks, if you're selling in the fall, there are many things to consider, including:

 

  • Curb appeal. In other words, the way your house looks from the street - the roof's condition, how the paint is holding up, whether the windows are sparkling, the lawn is mowed, the landscape is attractive and not buried beneath a peppering of fall leaves, and the driveway and walkways are free from toys and clutter.

     

  • Entering the house. Your front door should be in good condition. Usually when the real estate professional is busy retrieving the key from the lock box, the potential buyers are standing by with nothing else to look at but the front door. Does it need painting or staining? Also, new hardware will make it stand out, and why not adorn it with a seasonal fall wreath?

     

  • Once inside your house, the two things that immediately turn off prospective buyers are dingy walls and dirty, ill-colored, outdated, or shabby carpet. Sometimes it's hard to be objective about the condition of your own house because you see it every day, so ask a friend, neighbor, or your real estate agent to give it a look and give you their honest opinion. Fresh paint can do wonders. Keep the colors neutral. And while you can offer buyers a carpet allowance to compensate for bad carpet, replacing it before selling really boosts that first impression and makes the house more appealing and worth more in the buyer's mind.

     

  • Clear the clutter. If you have too much furniture, put some of it in storage. Fewer pieces of furniture will make the room seem larger and more open. Also, clear counters in the kitchen and bathrooms. Make sure closets are clean. Pack up some of your clothes now. Fewer hanging clothes in the closet will make the closet appear bigger.

     

  • Talk to the professionals. Now's also a good time to interview real estate professionals. Ask about their experience, find out how well they know the area you're eyeing, and talk to references. Once you have someone lined up you can follow his or her additional recommendations and begin the final phases of preparation before your house goes on the market.

    Finally, you should be mindful of setting a competitive price. Your REALTOR® will begin by conducting a competitive market analysis of your house and give you an estimate of the fair market value of your home, which is a range that will fluctuate depending on the housing market in your area and how much similar homes in your neighborhood are selling for.

    Don't insist on setting the price too high, especially if you're on a timeline. A house priced appropriately will be taken more seriously and will ultimately sell more quickly than one that's overpriced.

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