Gated Spanish Hills Open House – Sunday July 21st (1:00-4:00)

Welcome to resort-style living in prestigious Spanish Hills. The upscale, gated Golf Villas are a hidden gem located across the street from the Spanish Hills Country Club and are surrounded by million dollar plus properties. This lovely single-family, detached 3-bedroom, 2.5-bath, 1771 sq.ft. home has wonderful curb appeal with private courtyard entry. It boasts 10-foot ceilings, gorgeous hardwood floors, ceiling fans, 5-inch baseboards and is located on a premium lot with an extra-long driveway to accommodate multiple vehicles. Formal living & dining rooms. The family room has cozy fireplace and is adjacent to the kitchen which has granite counters, stainless steel appliances and breakfast bar. The master bedroom suite has double-door entry, large walk-in closet, private balcony and bathroom with large soaking bathtub, separate shower & his-and-hers vanities. Both secondary bedrooms are very spacious. Upstairs laundry room. 2-car attached garage. Private low-maintenance backyard w/ fountain and built-in BBQ is perfect for entertaining. Golf Villas’ amenities include pool, spa, clubhouse, RV storage, guest parking and front landscape maintenance. This is the dream home you’ve been waiting for! Come take a look.

http://www.iloveleisurevillage.com

Top 4 Renovations For The Greatest Return On Investment!

Top 4 Renovations For The Greatest Return On Investment!

If you are planning on listing your house for sale this year, these four home improvement projects will net you the most Return on Investment (ROI).

Minor renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers.

Whether you plan to stay in your house for a long time or just a few years, it’s smart to know which home renovations add the most value.


http://www.iloveleisurevillage.com

2 Things You Need to Know to Properly Price Your Home

In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly.

In the mind of the homeowner, annual home price appreciation over 6% has become the new normal. This becomes a challenge when a homeowner looks to refinance or sell their home, as the expectation of what the homeowner believes the home should be worth does not always line up with the bank’s appraisal.

Every month, the Home Price Perception Index (HPPI) measures the disparity between what a homeowner seeking to refinance their home believes their house is worth and what an appraiser’s evaluation of that same home is.

Over the last five months, the gap between the homeowner’s opinion and the bank’s appraisal has widened to -0.78%. This is important for homeowners to note, as even a 0.78% difference in appraisal can mean thousands of dollars that a buyer or seller would have to come up with at closing (depending on the price of the home).

The chart below illustrates the changes in home price estimates over the last 12 months.

2 Things You Need to Know to Properly Price Your Home | Keeping Current Matters

While the appraisal gap widens, another trend is also becoming more common.

According to realtor.com“the share of homes which had their prices cut increased by 2% compared to last year”. Thirty-seven out of the 50 largest US housing markets saw an increase in overall price reductions.

In today’s market, you need an expert agent who can help price your house right from the start. Homeowners who make the mistake of overpricing their homes will eventually have to drop the price. This leaves buyers wondering if the price drop was caused by something wrong with the house. In reality, nothing is wrong- the price was just too high!

Bottom Line

If you are planning on selling your house in today’s market, meet with a local real estate professional who can help you set your listing price properly from the start!

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