STL Real Estate has been directing buyers and sellers to real estate agents in St. Louis since 2002. We aim to provide our visitors with a showcase of real estate and homes for sale across the STL metro area. For most people choosing a real estate agent is the best way to go. For example, a real estate agent can help you with the proper paperwork, find out information about the home, can help you find a piece of property within your budget and in the area you want to live in, as well as several other cost effective services. Unfortunately, a real estate agent will be slightly more expensive than a for-sale-by-owner listing, because they charge a percentage on the top. However; considering the time and frustration that you can save by purchasing a house through a real estate agent, you can consider the money well spent.
Ways to Increase Your Home Value
Are you planning to sell your home but you want to sell it in a higher price well this article can give you some tips on how you can increase your home value before you sell it.
You must put yourself to the preference of your target buyer, what do you really want from a house if you will be the one who is buying. For that you can have an idea of what will be the first thing that you need to do. One thing that you can do is to invite an interior designer that can give you suggestions for the improvements that you need to be done to your home. You can hire a person who can inspect the entire house to discover hidden problems that may affect your home value like in electrical wiring, inspect the roofs to know if it is deteriorated or any termite infestation and unknown water leak.
You must also allocate budget for the paint that make your home fresh and attractive. When you are choosing the paint colour you must choose the one can attract your buyer. It appears your home clean and desirable. You can cut the energy costs of your house so that you can maximize your energy consumption by consulting companies that offer free audit of your energy costs.
If you are planning it to sell in the future you have a lot of time to improve your home. You can plant a tree with a better position to your yard and can improve its landscape because it is good for the environment that can provide you shade and plant colourful flowers that will make your home more attractive but make that you choose the plants that can be easily maintain with a less care and water. Put water filtration system to your kitchen for you to be sure that your water will be filtrated so that you do not need buy purified water from the store.
Air quality of your home is also an important factor that you need to consider, be sure that it is free of any allergens or dust that can affect someone’s health. If you have old carpets that may hide contaminants you can replace it immediately. Make sure that cleanliness is strictly observed especially your comfort room will make a great impact to the impression of your buyer. The size of your house affects the selling price but you can make the room appear larger you can replace the things that occupy larger space that can make your room seems small.
If you really want to increase your home value you need to replace and repair everything so that your buyer will not be discouraged to buy your house. Let your buyer feel that your house is safe and comfortable place to live on and staying in your house can give him and his family convenience and an assurance that if he buys your house he will not regret whatever the costs of your house is.
The St. Louis real estate market appears to have stabilized after being impacted by the burst of the housing bubble in 2008. While the median sales price of $71,950 is down 5.9 percent as compared to last year, the average listing price of homes in the St. Louis area is on an upward trend for the first half of 2011. Approximately one-third of the residential properties on the market in St. Louis can be categorized as distressed, presenting some downward pressure on home values. This effect is mitigated by the vibrant population growth in the area as people relocated for employment opportunities or to retire in a stable community with a variety of activities to enjoy.
Pros & Cons of For Sale by Owner Listings:
A For-Sale-By-Owner listing is a piece of property that has been listed for sale by the owner. Usually this type of listing will be slightly cheaper (but not always), but this is one of the only real benefits. However; you should watch out for occasional St. Louis homes that is overpriced by a seller who either won’ t know the value, or is hoping that you won’t know it. The negatives of a For-Sale-By-Owner listing include that the seller probably has no idea what he or she is doing, might not have filed for the proper paperwork, and won’t know about any taxes, liens or restrictions inherit with the property. For Sale by Owner listing are best for people who know what they are doing and have purchased property before because there can be a lot of complicated paperwork involved.
Benefits of Loft Living: If you’re thinking about getting a new house, and have the opportunity to get a loft, then you may be wondering if there are any benefits to loft living. A loft is usually a cross between a standard apartment and a studio apartment, and is usually quite open, with very high ceilings. While a loft may or may not be the right option for you; there are several benefits to living in a loft apartment that you should learn about before you make your decision.
With many St Louis homeowners finding they owe more to the bank than the fair market value of their home, short sales have become more prevalent in real estate listings of most areas of the United States. A short sale occurs when the homeowner’s lender agrees to accept less than the outstanding balance on the mortgage as payment in full. While short sales are tools used to avoid foreclosure in many circumstances,homeowners who owe more they can get when they sell their home use short sales when they need to relocate for a job. Short sales have advantages for both the buyer and seller of a property, though the transaction differs from traditional St. Louis home sales.