Staging your home can increase the offer amount by up to 10%, according to the National Association of Realtors (NAR) 2017 Profile of Home Staging. But what if you don’t have the time or cash to stage the whole house?
You focus on the rooms that push buyers’ buttons. A messy mudroom may not kill your sale, but an unusable kitchen or master bedroom may be a deal-breaker.
Few buyers can see beyond your personal style, in such areas like the living room, kitchen and master bedroom. So concentrate on staging these.
This article – from RISMedia – may help:
According to the NAR Profile, the living room is one of the most popular to stage. Make it feel larger by replacing bulky furniture with smaller pieces. Help buyers to imagine their things here; leave lots of space on shelves and around furniture.
In the kitchen, declutter countertops, the fridge and inside cabinets (yes, buyers will look). Add color with a bowl of fruit.
“Most bedrooms don’t need much more than the bed, dresser, end tables, and a mirror,” the article suggests. Make the bed the focus with beautiful, but not necessarily expensive, linens.
A clean bathroom is a saleable bathroom. The master bath, especially, should gleam. Add attractive towels and battery candles for atmosphere.
And don’t forget to tidy the outside. You know what they say about first impressions.
As a buyer who needs a mortgage to purchase a home, it will be tough for you to compete against an all-cash offer, particularly in a market where multiple offers abound. From a seller’s perspective, an all-cash offer eliminates both hassle and risk, as do offers without appraisal or financial conditions, which, in a hot real estate market, can also reduce your chances of success. There are, however, some ways to make your offer more competitive. For example:
Try to avoid multiple-offer situations
Ask your agent to help you find off-market properties
Consider waiving the financing contingency clause, which allows you to cancel the contract if you don’t receive loan approval, or if an appraisal comes in below expected value
Increase your down payment
Securing a pre-underwriting letter may make your offer more attractive. Unlike a pre-approval letter, this one has teeth. It contains deep income and asset documentation, which sellers like to see, as it means you are a serious buyer, plus it may move you through the approval process more quickly.
Many cash buyers are overly confident and therefore submit unrealistic, low-ball offers. So, while cash is worth a 2 percent to 3 percent discount, sellers annoyed by the low bid might just accept yours instead.
A relatively low elevation area at 6,600’, Incline’s first neighborhood has large, level lots and a central location. Close to schools, the Raley’s Shopping Center, Incline Library, Athletic Club, hospital and Preston Field, with soccer/baseball field and kids’ playground. Low traffic and quiet surroundings make this an ideal neighborhood for families.
Lots in this area of North Lake Tahoe average about .40 acre in size and tend to be level or have minimum sloping. New construction and remodels and/or expansions are evident throughout this neighborhood. There are still many original homes on large parcels that offer buyers affordable prices and the opportunity to tear down and rebuild your dreamed Incline Village luxury home.
Several streams run through the neighborhood, adding ambiance to the area. Easy access to the Mount Rose Highway without the noise.
Home prices in The Woods subdivision in Incline Village, Nevada vary from $400K up to $2.5M
Approximately 216 Single Family Homes in this North Lake Tahoe Real Estate Subdivision
With so much other shopping to do, should you add shopping for a new home to your list? It’s such a busy time of year. Maybe you should simply wait until spring. Or maybe not. Buying a home during the holidays offers several advantages over other times of the year.
Everyone else is at the mall. With other potential home buyers busy with holiday festivities, you’ll find you have less competition for your dream home. Plus, sellers have fewer buyers to choose from, meaning you might get a better deal.
Tax gifts from the treasurer. Buying a home at the end of the year may offer tax advantages, so it could be beneficial for you to close before January 1. There are additional factors at play here, such as potential conflicts with other deductions you hope to take, so if this is a key reason for buying now, be sure to talk to your tax professional first.
Holiday sales on interest rates. Often interest rates are lower during the holidays, thanks to a decline in demand during this time. Securing a loan now might save you a bundle in the long run.
Resolutions for a quick close. Finally, for buyers seeking a quick closing, this can be a prime time to shop. Typically, all parties involved in a year-end transaction are motivated to complete the sale before the start of 2018: sellers want to get resettled, and so do buyers.
If you are seeking the Tahoe Golf lifestyle, the Championship Golf Course Subdivision is for you. This neighborhood borders North Lake Tahoe’s gorgeous Championship Golf Course. One advantage is the beautiful views of the perfectly manicured golf course, which is almost like having a big, landscaped yard you don’t have to maintain!
The new Chateau has added so much to our community as a golfers’ clubhouse and event venue, with restaurant, bar and large convention facilities that property owners can rent for parties or meetings at a discount. The golf course clubhouse and driving range are also located here.
The Championship Golf Course Subdivision would also be considered “low elevation” with moderate snowfalls and mostly level lots and driveways making the area accessible all year long. The neighborhood is a short car or bike ride away from the center of town and all the local amenities.
The subdivision’s elevation is 6,400’, and the price range of the homes for sale in the Championship Golf Course subdivision in Incline Village, Nevada varies from $345K up to $4.5M Lots tend to be mostly level and offer large building areas.
Approximately 274 Single Family Homes in this North Lake Tahoe Real Estate Subdivision
The smaller, but no less challenging, Mountain Golf Course is located just below the Mount Rose Highway. Many homes have views of the golf course and mountains and at an elevation of 7,000’, snowfall is moderate.
There are many cul-de-sacs in the neighborhood, and most homes back up to the golf course.
In the Lake Tahoe real estate market this subdivision is a very quiet area with moderately priced homes and condos. Among the active residential homes for sale in the Mountain Golf Course Subdivision in Incline Village, Nevada you can find homes with prices that vary from $800K up to $5.75M.
Approximately 149 Single Family Homes in this North Lake Tahoe Real Estate Subdivision
Most of America’s markets have begun to turn around, and our local real estate market seems to be doing better than ever! With historically low interest rates for buyers still in effect, selling your house may sound pretty good right now.
But before you list, it pays to do your homework upfront. We’ve put together 7 of the most common seller mistakes to help you prepare your home for sale and net most money from the sale of your home.
1. For Sale By Owner
Trying to sell your home by yourself is sheer madness. You need the expertise of a professional to guide you through this process and ensure your house gets lots of exposure to ensure you a fast sale for top dollar. And the numbers don’t lie: homes without representation remain on the market longer and end up selling at a lower price than those with a pro at the helm.
2. Pricing Your Home
Overpricing or underpricing is a huge and costly error. It’s critical to understand your market. Review comparable deals in the area, take a realistic look at your home and discuss the positives and negatives of different pricing strategies with your agent to determine what will work best for you.
3. Neglecting necessary repairs
Taking the time to get your home ready for sale is one of the most important steps in the selling process. You only get one chance to make a first impression and a great first impression can translate to actual dollar value – especially in a competitive market. Even small cosmetic issues can be a red flag for potential buyers. Chipping paint, water stains, cracks or stained carpets can be signs of neglect or larger problems with the property. Your home should look well cared for and maintained. An experienced real estate professional can help you to determine what work needs to be done and how it could affect the value of your home in the local market.
4. Refusing to tidy up before listing
Clean up and declutter. Potential buyers need to be able to picture themselves in your home – too much clutter, personal items or disorder can be distracting and turn buyers off. Clutter eats equity and kills deals. From the kitchen countertops to the overstuffed closets to the trophy-lined shelves in the den, it’ll cost nothing to get rid of all that stuff.
5. Using lousy photos
Proper preparation also translates to a well-executed marketing plan. Your home should show at its best in person as well as in the property photos and collateral materials. As more and more buyers are turning to the internet to begin their home search, we rely on excellent photography to make a great first impression. Ditch those iPhone or point-and-shoot images. Professionally shot and staged property photos are an absolutely essential sales tool.
6. Letting your ego get in the way
Many sellers take negotiating personally and lose out on creating a win-win deal (if not the entire deal). Remember, this is a business transaction — perhaps the biggest one of your life. Take your ego out of the equation and put your head back into it.
7. Not Accommodating Potential Buyers
If someone wants to view your house, you need to accommodate this person, even if it is inconvenient for you. And yes, you have to clean and declutter the house before every single visit. A buyer won’t know and won’t care if your house was clean last week if it isn’t clean when he or she views it. It’s a lot of work, but stay focused on the prize.
The Eastern Slope neighborhood is affectionately called “The Banana Belt” by locals for its sunny and bright southern exposure. Lake Tahoe views abound in this neighborhood.
Fairview Blvd. is the neighborhood’s main road. Here, large lots typically are street-to-street and steep, which make for not much usable yard space, but at the same time offer huge, unobstructed lake views.
A few large estates are nettled off the road on large acreage. This neighborhood has many cul-de-sacs and offers private settings away from traffic. Its close proximity to Diamond Peak Ski Resort, Championship Golf Course and convenient access to the Mount Rose Highway are all pluses.
With an elevation of 6,500 to 7,000’, this area gets a significant amount of snow, however thanks to its sunny exposure, it melts quickly and this subdivision is home to a lot of properties that are considered to be top properties when it comes to Lake Tahoe’s luxury real estate.
New construction can be found throughout this area. Homes tend to be on the 6,000 to 10,000 square foot range. Because you are only allowed to build on a percentage of any lot, with large parcels, maximum coverage or 30% is possible. Builders recommend that to get a higher return on investment, to maximize this coverage and build as large as allowed.
The Eastern Slope offers serene forest settings, many adjoining vacant U.S. Forest Service parcels, rushing year-round creeks and rushing streams.
Active residential homes for sale in the Eastern Slope subdivision in Incline Village, Nevada have a price tag starting at around $300K up to $13M.
Approximately 222 Single Family Homes in this North Lake Tahoe Real Estate Subdivision
The Mill Creek Subdivision consists of 276 parcels averaging .35 acre in size, making it a popular neighborhood with families and full time residents. At 6,225’ elevation, this is a low elevation area, with convenient year-round access and lots that are mostly level and easy to build on.
Thanks to redevelopment and new construction, this neighborhood has experience substantial appreciation in North Lake Tahoe real estate market. Older homes have been torn down and replaced with spacious, new luxury homes. It’s not unusual to see a new, $3 million estate next to an older, 1970’s ranch style bungalow; this will most likely be the next property to be replaced.
The relatively level parcels make building new homes easier, and in most cases tearing down and building new is a more economically advantageous decision than remodeling.
Mill Creek boasts a prime location, walking distance to Incline and Ski Beaches. These private beaches are for the exclusive use of Incline residents, and boast beach volleyball courts, sandy beaches, BBQ pits, picnic tables, playgrounds for children, and a boat ramp (at Ski Beach). Incline Beach has restroom facilities and a snack bar open during the summer months.
Also close by are the Hyatt Regency Resort, Spa and Casino, and its excellent restaurants including the Lone Eagle Grille, which serves great American cuisine on the shores of Lake Tahoe. You can also walk to the Country Club Mall, which features a variety of specialty shops, restaurants and beauty salons; the Village Green playing field, Aspen Grove event facility, skateboard park, Sierra Nevada College and Incline Middle School.
This area consists of mostly single family homes, with a few condominiums located across from the Hyatt (999 Lakeshore, 1000 Lakeshore, Country Club Mall and Village at Incline) and a Planned Unit Development (Country Club Villas) and if you are looking for Lake Tahoe and Incline Village bank owned properties, this subdivision should offer great deals.
The price range of the active residential homes for sale in the Millcreek Subdivision in Incline Village, Nevada varies from $400K up to $5.5M.
Approximately 263 Single Family Homes in this North Lake Tahoe Real Estate Subdivision
Endless magnificent views of the shimmering, crystal clear Lake Tahoe, from the orange hued sunrise to the red and purple colors of dusk. Check.
Crisp fresh mountain air each time you step outside your home. Check.
A relaxed and serene lifestyle. Check.
Impressive stone work and impeccable craftsmanship. Check.
Elegant and grand living spaces perfect for entertaining. Check.
Gourmet kitchen with restaurant grade appliances. Check.
Spa like bathrooms. Check.
Luxurious home theater. Check.
A home gym. Check.
This list of luxury home must-haves can go on and on, and you can find it all in one place – at Willow Creek Estate, Incline Village.
Willow Creek Estate offers the ultimate outdoor retreat, relaxation and privacy.
This spectacular estate sits majestically on almost two acres of pristine land overlooking the tranquil waters of Lake Tahoe. The exterior of the home is surrounded by a naturalistic garden setting, created by the owner himself, who is a certified Master gardener. The garden blends seamlessly with the natural surrounding, resulting in a harmonious and delightful setting.
There are two structures on this property. One is the main home, and the other is an apartment over a garage. You’ll be welcomed into this grand property by its sweeping slated driveway, heated all the way to the garage.
With a custom-built stone facade, the main home is elegant and impressive. It boasts five bedrooms and six bathrooms, sprawled across nearly 8500 square feet of living space.
It’s all about the views
All the rooms and structures in this luxurious residence share a common feature. They all have exceptional views, either of Lake Tahoe or the mountain surrounding this home. But the one that stands out the most is the formal living room, accessible right across the foyer.
Displaying a beautiful interplay of space and light, the living room has massive picture windows facing both Lake Tahoe and the mountains. The windows are so big they can literally be considered the walls of the living room.
If you are standing in the foyer, your eyes will be drawn to these windows overlooking the serene crystal blue waters of Lake Tahoe reflecting the snow capped mountains and heavens above. This picturesque scene is both captivating and serene, and it’s yours to enjoy every day in this home.
Perfect for grand scale entertaining
Are you planning to hold a large formal party soon? This luxury home is ready anytime.
It’s open floor concept is convenient for mingling among the guests. Both the large living room and spacious sun room offer sitting areas where your guests can relax and enjoy the view. The two rooms also open to the expansive deck, allowing unhindered views of the magnificent Lake Tahoe and the alpine mountains at its borders. It allows you to enjoy the breath of clear, crisp air you’ve been longing for.
This estate’s kitchen has been perfectly planned. It features granite countertops, a massive Vadara Calacatta Blanco Quartz island, a Subzero refrigerator and built-in freezer, Miele double oven, dishwashers, and coffee service, a built-in double grill, a wine refrigerator and two pantries.
This is a dream kitchen, perfect for whenever you are having a catered party gathering, and for simple tasty meals for you and your loved ones.
Relaxation at it’s finest.
When you are in the mood to watch a movie, this home is fully equipped with a large media/theater room. It has a Runco Home Theater System with 108” screen, along with six built-in reclining leather loungers.
When you want some private time, you’ll get the best rest in the master bedroom where you have your own stone fireplace, large double entry walk-in closet, and your own panoramic view of the lake.
For a spa like experience, the master bathroom of this exquisite home features two immaculate bathrooms, each with a huge built-in cherry wood cabinet so you have all the space you need. Both bathrooms share a huge shower, and a large spa tub where you can soak and relax.
A luxury home with a heart
There are luxury homes, and there are luxury homes – homes that evoke emotions and cherished memories, homes where you would want to create stories that would last a lifetime. Willow Creek Estate is that kind of luxury home.
It is breathtaking, grand, imposing, yet it is also captivating, inviting, homey and filled with warmth.