10 Home Selling Killers

When you’re selling your home, you need every advantage you can get. And there are few homes that are magically market ready without a little help. If your home needs a touch more than a little help, it’s time to get focused. After all, listing your home when it’s not in the right condition to sell will probably only end in frustration. And, in this case, frustration means: your home sitting on the market for months with no offers or the errant, offensive, lowball.

If you want to make sure you get home sold quickly and for the right price, you’ll want to avoid listing it with the following:

1. Excessive damage
   Maybe the home you’re selling was used as a rental and trashed by frat boy tenants, or maybe you just haven’t kept it up as you should. Either way, those holes in the wall that look like the living room was used as a boxing gym, the scratched-up wood floors on which dinosaurs have clearly been racing, and the yard that’s barren except for those two-foot-tall patches of weeds are not what buyers are looking for. Unless you’re planning to offer your house for a price that will make buyers emphasize the good and ignore the bad and the ugly, it’s going to need some attention.
2. Carpet in the bathroom!
   It’s just gross. And everyone who walks into that bathroom is thinking one of two things: 1) There’s got to be mold under there; 2) There’s got to be pee on the floor around that toilet. This is one update you’ll want to do before you list, or if you’re already listed and your home’s not selling.
3. Big, nasty stains
   A buyer shouldn’t know where your dog likes to mark or where your kids spilled the entire bowl of holiday punch. If the stains on your carpet are that bad, potential buyers will stroll in and run right back out. No one wants to buy a pigsty. Invest a few bucks in new carpet. You’ll make the money back since you won’t have to drop your sales price.
4. Pet smells
   Speaking of pets … they smell. You probably don’t notice since you live with them every day, but buyers will, and it might be enough to turn them off. Deep clean the carpets and the upholstery, invest in some air fresheners, and remove cat boxes from the house for showings. The last thing you want is a potential buyer referring to your house as “the stinky one.”
5. Loud dogs who bark every time someone approaches the home.
   One last word on pets. Barking happens, whether it’s your dog or one that belongs to a neighbor. But you don’t need that on the day of your open house. Offering to pay for doggie day care for a neighbor’s pooch can eliminate the issue and help create the serene setting buyers want.
6. Your dead lawn
   Lack of curb appeal won’t necessarily kill a deal. In many cases, you won’t even get potential buyers to get out of the car. If the front yard is a mess, buyers will naturally think the mess continues inside.
7. A bad agent
   Face it. Not all of them are winners. If your agent is: rude, uninformed, lazy, uncommunicative, belligerent, or unwilling to take your opinions into consideration, get a new one. An agent who isn’t giving their client the right type of attention probably isn’t going to get the job done.
8. Your sloppiness
   Those drawers and cabinets you shoved everything into when you cleaned off your kitchen and bathroom cabinets could be a deal breaker for picky buyers. We all know buyers open stuff. They look in drawers, they open cabinets, they examine closets. If these spaces are messy and overstuffed, they may assume there’s not enough storage space.
9. Unreasonable sellers
   Big problems in your house can be deal killers, but they can also be deal sealers, if you are reasonable. If your inspection uncovers plumbing, electrical, or roofing problems (or all three!) and you’re unwilling to negotiate, you can kiss that sale goodbye.
10. Bad Taste
    Your poor decorating choices and failure to keep up with trends from this year-or century-may haunt you when it’s time to sell. If it’s true that many buyers have no vision-and all you have to do is watch House Hunters and observe a buyer getting hung up on a paint color to know that’s true-then you are really in for it with your crowded house full of ugly, outdated crap. A few simple updates can help it to look fresh and give buyers something to fall in love with.

CENTURY 21 SCOTT MYERS REALTORS® are indispensable partners in real estate transactions. Our expertise, networks, and professional guidance add significant value to both buyers and sellers, ensuring the process is as smooth and successful as possible. Whether buying or selling a property, having a CENTURY 21 SCOTT MYERS REALTOR® is a wise choice that can save a client time, money, and stress. If you are thinking about selling to maximize your net profit, CONTACT me for a free local market analysis to see how much your property is worth today!

QUICK AND EASY HOME IMPROVEMENT IDEAS

Your home is your sanctuary, a place where you can relax, unwind, and express your personal style. Whether you’ve just moved into a new house or have lived in the same space for years, there’s always room for improvement. However, transforming your home doesn’t have to be something that breaks the bank. Get ready to be inspired and make your home truly shine.

1. Declutter and Organize

Declutter and organize your space before diving into any significant renovations or enhancements. A clutter-free environment looks visually appealing and creates a sense of calmness in the mind. Begin by sorting through each room in your house and removing items you no longer need or use. Use practical storage solutions such as baskets or shelves to keep things organized.

2. Fresh Coat of Paint

One of the simplest yet most impactful ways to transform any room is with a fresh coat of paint. Choose colors that reflect your personality and create the desired atmosphere in each space. Lighter shades can make smaller rooms appear larger, while bold colors add character to larger areas.

3. Upgrade Lighting Fixtures

Good lighting can completely change the ambiance of a room while enhancing its functionality. Replace outdated light fixtures with modern designs that complement your overall aesthetic vision for each space.

4. Curtains and Blinds

Window treatments play an important role in home décor as they provide privacy while adding style to any room. Try swapping out old curtains or blinds with new ones that match your desired color scheme or design theme.

5. Update Hardware

Sometimes, the small details can make all the difference when transforming a space on a budget. Replace old cabinet handles, drawer pulls, and doorknobs with new, stylish options.

6. Create a Statement Wall

Give a room an instant facelift by creating a statement wall. This can be achieved by applying wallpaper, using bold paint colors, or even installing decorative wall panels.

7. Revamp Flooring

If your budget allows for it, updating the flooring can completely transform the look and feel of your home. Replace worn-out carpets with hardwood floors or opt for cost-effective alternatives like laminate or vinyl flooring that mimic the appearance of more expensive materials.

8. Add Greenery

Incorporating houseplants into your living space adds beauty, improves air quality, and creates a calming atmosphere. Choose low-maintenance indoor plants such as succulents or snake plants if you don’t have a green thumb.

9. Maximize Storage Space

Utilize every inch of your home by maximizing storage space in creative ways. Install shelves above doorways, use under-bed storage containers, or invest in multi-functional furniture pieces that provide hidden compartments for additional storage.

10. Update Bathroom Fixtures

Transforming your bathroom doesn’t have to involve an expensive renovation. Updating fixtures like faucets, showerheads, and towel racks can give this often-overlooked space a fresh look.

11. Create Outdoor Living Spaces

Extend your living area beyond the four walls by creating outdoor spaces to relax and entertain guests. Add comfortable seating options like lounge chairs or hammocks and create an inviting atmosphere with string lights, outdoor rugs, and lush landscaping.

12. Add Mirrors

Mirrors are practical and add depth and visual interest to any room. They reflect light, making smaller spaces appear larger while adding elegance to larger areas. Plus, they come in various shapes, sizes, and designs to suit any decor style.

13. Invest in Energy-Efficient Appliances

Upgrading to energy-efficient appliances helps reduce utility bills and contributes to sustainability efforts. Choose appliances labeled with the Energy Star logo to ensure maximum efficiency.

14. Create a Gallery Wall

Displaying your favorite artwork or family photos can instantly personalize any space. Create a gallery wall by arranging frames of different sizes and shapes, reflecting your unique style and memories.

15. Change Cabinet Hardware

Give your kitchen or bathroom cabinets a quick and easy makeover by swapping old hardware for new ones. Choose handles or knobs that match the room’s overall theme for a cohesive look.

16. Update Bathroom Vanity

If replacing an entire bathroom vanity isn’t within your budget, consider giving it a fresh look with paint or stain. Add new hardware and update the faucet to complete the transformation.

17. Redecorate with Accessories

Sometimes, you only need a few well-chosen accessories to breathe new life into a room. Update throw pillows, rugs, curtains, and other decorative items to add color and texture to your space.

18. Create an Accent Wall

Choose one wall in each room to be an accent wall where you can experiment with bolder colors or textures. This adds visual interest without overwhelming the entire space.

19. Install Crown Molding

Crown molding adds elegance and sophistication to any room by bridging the gap between walls and ceilings. Installing crown molding is relatively inexpensive but significantly impacts overall aesthetics.

20. Add Outdoor Lighting

Illuminate your outdoor spaces with strategic lighting options like pathway lights, solar-powered lanterns, or string lights. These not only enhance safety but also create ambiance during evening gatherings.

Transforming your home doesn’t have to be stressful or expensive. With these easy and effective home improvement ideas suitable for every budget, you can give your space an entirely new look while staying within financial constraints. Remember that small changes can make significant differences when creating a more inspiring living environment. So, roll up your sleeves, unleash your creativity, and embark on this exciting journey of transforming your space.

Tips to First Time Home Ownership

Homeownership is the goal for many of us. There is the nuts-and-bolts side of the journey which involves finances, the mortgage loan (and all that goes with it), and the actual work of operating a household. There is also the personal development side that requires careful planning, diligence, and a willingness to learn. Let’s explore the essential steps to prepare for first time home ownership, the buying process itself, and the ongoing work required to maintain a home and budget.

This is a long list of tips, so we have divided them up into three phases.

Homeownership Phase I: The Prep Work

The first step in preparing for the cost of first-time home ownership is to assess your financial situation. This involves determining your credit score, income, and debt-to-income ratio. These factors will play a critical role in determining your ability to obtain a mortgage loan and the interest rate you will be charged.

1) Improving your credit score

To improve your credit score, you can take steps such as paying off outstanding debts and ensuring that all bills are paid on time. So, what’s a good credit score? A score of 620 or higher is often cited, especially if you are going to be working with government insured loans such as the VA loans, the FHA loans or the USDA loans. It does depend also on the size of the loan, so the larger the mortgage, the higher your credit score will need to be.

2) Optimizing Your Debt-to-Income Ratio

It is also important to have a stable income source and to minimize your debt-to-income (DTI) ratio by reducing your debt and increasing your income. A good DTI is below 36% for conventional loans, and anything higher than 43% will probably make getting a mortgage loan very difficult.

3) Saving Up a Down Payment

Determining how much you need for a down payment is also important but work with a real estate agent on this one. It used to be that 20% down payment was the rule, but that’s changed a lot in recent years. Most first-time homebuyers don’t have that kind of money saved up. It’s kind of a moving target so working with an agent and mortgage lender will help you make sense of the down payment options out there.

Next, you will want to determine how much home you can afford. This involves assessing your monthly income, expenses, and debt obligations to determine how much you can comfortably afford to spend on a mortgage payment each month. You can use online mortgage calculators to help you determine the maximum mortgage payment you can afford based on your income and other factors.

4) Mortgage Loan Pre-Approval

Mortgage pre-approval is an essential step in preparing for first time homeownership, but it’s not an obvious step. If you have a real estate agent on board early, they will strongly advise you to get pre-approved. It is a process in which a lender reviews your financial information and determines how much money they are willing to lend you for a home loan.

• To get pre-approved for a mortgage, you will need to provide the lender with detailed information about your income, assets, debts, and employment history. This information will be used to determine your debt-to-income ratio and creditworthiness.
• There are several benefits to getting pre-approved for a mortgage. First, it can help you determine your budget for buying a home. The lender will provide you with a pre-approval letter that outlines the maximum amount of money they are willing to lend you. This can help you narrow down your search to homes that are within your budget.
• Second, pre-approval can give you an advantage in a competitive housing market. If there are multiple offers on a property, a seller may be more likely to accept an offer from a buyer who has been pre-approved for a mortgage, as it shows that they are serious and have the financial means to complete the transaction.
• Finally, pre-approval can help speed up the closing process. Once you have found a home and have made an offer, the lender will only need to finalize the details of the mortgage, rather than starting the entire process from scratch.
• To get pre-approved for a mortgage, you can work with a lender or mortgage broker. You can shop around to compare rates and terms from different lenders to find the best option for your financial situation.

Homeownership Phase II: The Buying Process

Certainly, the home buying process can be complex, and it’s essential to have a clear understanding of the steps involved. Here are some additional details on the buying process:

5) Finding a Suitable Property

This involves identifying your housing needs, such as the number of bedrooms, bathrooms, and location preferences. You can work with a real estate agent who can help you identify homes that meet your criteria. Alternatively, you can search for homes online or attend open houses.

6) Making an Offer

Once you have found a suitable property, you will need to make an offer to the seller. Your real estate agent can help you determine a fair purchase price and negotiate with the seller on your behalf. You will need to include details such as the purchase price, any contingencies, and the closing date in the offer. If your offer is accepted, it’s time to celebrate.

7) Conducting Inspections

Before finalizing the purchase, you will need to arrange for a home inspection and appraisal. These are two separate visits by two separate professionals. Know the difference. The home inspection will assess the property’s condition and identify any issues that may require repair. An appraisal is an assessment of the property’s value and is necessary for obtaining a mortgage loan.

8) Obtaining a Mortgage

You will need to apply for a mortgage loan and provide the lender with detailed information about your income, assets, and debts. The lender will assess your creditworthiness and determine the maximum amount of money they are willing to lend you for a mortgage.

9) Finalizing the Sale

Once all the necessary documents have been signed, and the mortgage loan has been approved, you will attend the closing. At the closing, you will sign the final paperwork and receive the keys to your new home. You will also need to make a down payment and pay closing costs, which can include fees for the appraisal, home inspection, and title search.

It’s essential to work with a real estate agent who can guide you through the buying process and ensure that all necessary steps are taken. With careful planning and preparation, you can navigate the home buying process and achieve your dream of first-time homeownership.

Homeownership Phase III: Your Budget

Owning a home is a significant responsibility that requires ongoing work to maintain both the property and your budget. This includes making regular mortgage payments, paying property taxes, and maintaining homeowner’s insurance. These are some of the items to add to your homeowner checklist.

10) Monthly Mortgage Payments

Your monthly mortgage payment is typically going to be your biggest expense. If you are looking at first time home ownership as an option, it will be an adjustment. The difference between knowing what you will owe each month and actually paying it can be intimidating. Your loan officer and your real estate agent will help to prepare you for this.

• If you look at your mortgage payment as purely an expense, you may be missing out. It’s more than that. You are paying into a pool of equity that you own, so in some ways, you are paying yourself. Building the equity of your home and property is also an investment in your own wealth, and that equity grows with each payment and as your property becomes more valuable in the market.

11) Escrow and How it Works

Housing expenses can come hard and fast when you are in your new house, so your mortgage specialist may recommend you set up an escrow account. The escrow account is attached to your mortgage payment, so it’s all rolled into one. If you escrow your expenses – typically your homeowner’s insurance and your property taxes – it means that they add those monthly payments to your mortgage payment, and you pay it all at once. There are some upsides and downsides to escrowing your monthly mortgage payment, and you should discuss them with your lending officer or mortgage broker.

12) Homeowner’s Insurance

Homeowners insurance is a monthly expense, much like your auto insurance, and mortgage lenders require it. First time home buyers probably haven’t paid it before, but you probably understand what it does and why it’s necessary. It’s a significant expense over the course of a year, so it’s a good idea to shop around for it. If you bundle it with your auto insurance, you can often get a significant discount.

• Home insurance won’t cover all damage to your house, but it typically covers:
  • Your primary dwelling and any outbuildings on your lot
  • Liability for personal or medical issues
  • Fire and/or smoke damage
  • Damaging weather such as storms, lightning and hail
  • Theft and vandalism
  • Falling trees
• It typically won’t cover:
  • Flooding or earthquakes
  • Pest damage (termites)
  • Jewelry or artwork
  • Any damage caused by neglect or normal wear and tear.
• In some of these cases, you can buy extra coverage that will protect your home from specific damage.

13) Property Taxes

If you’ve been renting, you have probably paid property taxes, but they were rolled up into your rent payment, so you didn’t notice it. You will notice these property taxes, and they will take a monthly bite out of your homeowner’s budget. You will get a document every year from your county government telling you what your taxes will be for the upcoming year. This is a letter you should sit down for. As we mentioned, you can sort of hide them in your escrow payment. In some states, you can file for a property taxes refund, which is a lot like your April 15 tax refund, if you homestead your house.

• If you are wondering what your property taxes pay for, here’s a partial list:
  • Public schools
  • Law enforcement
  • Roads
  • Road maintenance
  • Fire departments
  • Libraries
  • Parks
  • Social Services

14) Utility Costs, From Water to Wifi

Again, if you’re looking at first time home ownership, many of these monthly bills may have been wrapped up in your rent check. Now you will be paying separately for water, sewer, electricity, trash collection and natural gas (depending on how you heat). Those were considered the old school necessities of keeping your house running. The new necessities in your new home budget may include your cable bill or your internet service – or both. As you are coming up with your new monthly budget, add these to the monthly house expenses column.

15) Homeowners Association Fees

Buying a condominium or townhouse presents its own advantages in terms of maintenance, but there are usually homeowners association (HOA) fees that you will need to pay. Make sure you are clear about what these are before you move in, because some of these fees can be very high.

Fun Homeowner Budget Items

Some new house expenses happen every month, but some of the more fun expenses are just one-offs that you need to save for.

16) New Appliances

The difference between needing new appliances and wanting new appliances is significant. If you must get new appliances, it’s often because something broke or one of the machines is just too old. You should know about this up front, after the inspection, and before you close on the house. There are always surprises, but you should be somewhat informed about the lifespan of the appliances in your new home.

If your budget allows for upgrading the appliances in your house, that can be fun. If new appliances are on your agenda, but not affordable when you move in, build some savings into your discretionary spending to upgrade in the future.

17) New Furniture and Décor

Another fun expense can be furniture for the new house. A new house gives you the opportunity to decorate and furnish your new life the way you want to. Maybe that’s as simple as a new couch, a new rug or a new bed. This might be an opportunity to also leave behind some of the old furnishings that are way past their due date. As with appliances, you might want to put some savings into your monthly budget for future upgrades of your furniture.

18) Planned Renovations

Jumping into renovations at the same time you are moving into your house is not for the faint of heart. In life, some things are messy, and some things are expensive – renovations are both. If you are moving in at the same time that renovations are happening, it can disrupt your life a lot. If you can do the renovations before move-in day, that’s ideal.

The expense of a renovation project can be much higher than either appliances or furniture, so budget accordingly. If you choose to do it yourself, it will likely be cheaper but will probably take more time.

19) Fixes

Some renovations aren’t fun or voluntary: they are fixes you need to make to the house to make it livable. These are functional, structural things like wiring, plumbing, roofing, HVAC systems, high radon levels, etc. that you must improve or fix before you can move in. Again, the home inspector should have found these and reported them to you. During negotiations with the seller, with the help of your real estate agent, you should have worked out how to pay for these fixes.

• The home repairs you can’t anticipate will probably be somewhat urgent and may come out of your checking or savings account (or a credit card). It’s hard to budget for them, unless you have an emergency fund specifically set up. New homeowners with the ability to do so should consider setting aside some money each month into a fund specifically for any unforeseen home expenses that may come up.
• You will also need to maintain the property by performing regular maintenance tasks, such as cleaning gutters, replacing filters, and inspecting the roof and foundation for damage. This is where your budget for unexpected repairs may come into play.

20) Pre-Cleaning

One thing you may want to do before you move in is pre-clean (if you have the time). A lot of first-time home buyers want to start their new home with a clean slate, and that means cleaning the house before you move in. If you need to move in right away, you will need to estimate how much cleaning you will do versus how much time you have to do it. If, for example, you have a whole day of access to the home before the moving starts, that might be a great time to do a very deep clean, sanitizing every surface, mopping, dusting and carpet shampooing.

21) Change the Locks

One recommended maintenance item in a new home, though not obvious, is to change the locks. You never know how many people have a key to your new house, and the list grows exponentially when you have multiple previous owners. The question of whether to replace all the locks or simply rekey them is a good one. If the hardware on the locks is rather old, replacement might be a good idea. Rekeying is, however, less expensive. Either way, you’re probably going to need a locksmith to do it properly.

• You might also want to change the code on your garage door opener and make sure you locate all the remotes for the garage.

22) Check and replace the HVAC Filters

Conventional wisdom says that HVAC system air filters should be replaced every 30-60 days. We thought that was too often, but then we saw what Bob Villa said on the subject, and that settled it for us.

• Bob said to change the filters for your furnace and HVAC systems every 90 days. He cites three reasons for this:
  • Clean filters save on energy costs.
  • Better air quality for the interior of your home
  • Reduce wear and tear on the furnace.
• Since we are talking about vents, don’t forget to check your lint trap on your dryer often. Every year, there are 3,000 house fires caused by dryers.

23) Check the Refrigerator Coils

Now that you are officially a homeowner, the next thing you need is food. On the back of the refrigerator there are coils that are typically somewhere between very dirty and absolutely filthy. Fortunately, there is a brush that is specifically designed to clean fridge coils. Just like the HVAC filters, keeping your coils clean on a regular basis will help your fridge run better, last longer and be more energy efficient.

24) Smoke and Carbon Monoxide Detectors

Another non-optional home maintenance tip for new homeowners is to test and/or replace the smoke detectors and the carbon monoxide detectors. You could, of course, just check the batteries, but that won’t tell you how much life is left in the battery. You don’t want it to start the smoke alarm beeping in the middle of the night while you run through the house with a broomstick and barking dog. The best way to do it is by replacing them right up front. Then you can have them on your schedule rather than their own. You can then change them every 6 months, as recommended, when we change the clocks in the winter and spring.

• If you have fire extinguishers at your new home, this is a great time to check them to make sure they are charged and in good shape. If you don’t have them, plan to get some.

25) Main Water Shut-Off Valve and Circuit Breaker Box

You should do this early and get it out of the way. If the power goes out or water pipes begin bursting, you will want to do something about it quickly and confidently. Also, these things tend to happen in the middle of the night, so you will be dazed and unable to focus. Familiarizing yourself with the exact location can minimize the disruption and destruction. Finally, if you heat your home with propane or natural gas, learn where that shutoff valve is.

26) Drain the Hot Water Heater

This fits under the heading of routine, once-a-year maintenance, but it’s a good time to do it once you are moved in. Water heaters tend to build up sediment in the base of the unit, and that can reduce the efficiency of your heater. Worse, it can affect the taste of the water coming out of your faucets, especially if you have high iron content in the water in your area. This is usually a matter of locating the spigot at the bottom of the water heater and attaching a hose to it. When you open the spigot, make sure someone is holding the other end of the hose close to a drain. The water can come out forcefully and spray all over if the free end isn’t secured. Trust us on this one.

First time homeownership is a significant investment that requires careful preparation, planning, and ongoing work. By taking the necessary steps to prepare for home ownership, navigating the buying process, and maintaining your home and budget, you make the most of living in your new home.

May 10, 2023 / in Buying a House / Bob Filipczak

Last Updated on May 10, 2023 by Luke Feldbrugge

Why live in San Antonio?

San Antonio, Texas, is an exceptional place to live. Families and individuals from all over the nation choose to move to San Antonio for its thriving business community, world-class healthcare system, and multicultural reverence. San Antonio has the second largest population out of all cities in Texas.

Living in San Antonio, Texas, can be a great choice for many people due to a variety of factors. However, whether it’s the right place for you depends on your personal preferences, lifestyle, and priorities. Here are some reasons why people choose to live in San Antonio:

Affordable Cost of Living: Compared to many major cities in the United States, San Antonio offers a relatively affordable cost of living. Housing, in particular, tends to be more affordable than in cities like San Francisco or New York.

Cultural Diversity: San Antonio is known for its rich cultural diversity. It has a strong Hispanic influence, and you can experience a blend of cultures through its food, festivals, and traditions.

Job Opportunities: The city has a growing job market in various sectors, including healthcare, technology, military, and tourism. The presence of major companies and military bases provides employment opportunities.

Military Presence: San Antonio is home to several military bases, including Lackland Air Force Base, Fort Sam Houston, and Randolph Air Force Base. This makes it a popular choice for military personnel and veterans.

Education: The city has a variety of educational institutions, including the University of Texas at San Antonio (UTSA) and Texas A&M University-San Antonio, offering diverse educational opportunities.

Cultural Attractions: San Antonio boasts a wide range of cultural attractions, such as the historic Alamo, the River Walk, and numerous museums and theaters. It’s also known for its vibrant music and arts scene.

Beautiful Weather: The city enjoys a generally mild climate with hot summers and mild winters. This climate allows for year-round outdoor activities and an active lifestyle.

Family-Friendly: San Antonio is often considered a family-friendly city with numerous parks, recreational activities, and good schools. It’s a place where you can raise a family and enjoy a strong sense of community.

Food and Cuisine: San Antonio is famous for its Tex-Mex cuisine, and you’ll find a wide range of delicious dishes to try. The city is also known for its vibrant food scene, with various culinary options to explore.

Proximity to Natural Beauty: The city is within driving distance of some beautiful natural landscapes, including the Texas Hill Country, state parks, and the Gulf Coast. This makes it easy to enjoy outdoor adventures.

Festivals and Events: San Antonio hosts numerous festivals and events throughout the year, celebrating its cultural diversity and providing entertainment for residents and visitors alike.

While there are many advantages to living in San Antonio, it’s essential to consider your personal preferences and lifestyle when deciding if it’s the right place for you. Some people may find the climate too hot, while others may prefer a larger or more cosmopolitan city. It’s a good idea to visit the city, explore the neighborhoods, and talk to current residents to get a better sense of whether San Antonio aligns with your needs and desires.

Moving to San Antonio soon? With inventory in short supply and prices starting to rise, you may want to lock in a great home now. Century 21 Scott Myers Realtors can help you to learn about the buying opportunities in our area and make your transition a smooth one! http://www.century21scottmyers.com

Moving to Sunbelt States: What You Need to Know

The data is showing that urban centers are losing a lot of traction and suburbs are growing, and many of the cities in the midwest are not drawing as many people as the warm states of the Sun Belt are drawing, including Texas, Florida, and California. From good amenities for families to great weather year-round, these spots are becoming great destinations for your next move and if you’re already planning a move to a Sunbelt state, you’re in good company!

When you’re looking at a big move across states that will land you in the Sun Belt, consider what that is going to look like before you find yourself during high summer, moving boxes and experiencing heat like you’ve never seen it before! Here are some ways to make your move smoother and get started on the right foot.

• Invest in movers or timesaving equipment

You’ll find that moving to a cool weather location during the fall or spring is a totally different prospect than a cross-state move that ends in a Sunbelt state in summer. In such a case, your moving checklist should really include as much help as your budget affords. Yes, if movers are in the budget, they’ll be taking on a lot of sweaty labor that won’t be your responsibility anymore, which is great. However, even just some strong prep like buying the heavy-duty carts and straps you need to really make moving heavy items possible will help so much when the day dawns sunnier and hotter than you expected.

• Crank the air conditioning for those first few days even if you usually don’t mind the heat

When you’re accustomed to a certain climate, quickly moving to a hot place can make you feel like you might never adjust, especially since the first few days in a new place are generally a flurry of activity and can make things feel even warmer and sweatier than they already are. Whether you have portable or window unit AC, central AC, or a lot of fans, make sure they are working full blast when you arrive. You’ll adjust and find your rhythm, but don’t be a hero about it – heat exhaustion is no fun and it’s far better to adjust over time than to get too warm those first few days as you tough it out.

• Find a new neighbor friend who also just moved to a Sunbelt State!

If you are worried about incorporating into your new city, you’re likely to be able to find another recent transplant – the Sunbelt is gaining popularity and many new people are putting down roots in these states. Make the time in your first few weeks to find others who are just pulling up the “house sold” signs from in front of their homes; making one new friend who is also in the market for a community can make the transition to living in the Sunbelt so much smoother. You’ll love the experience of trying new things with your new friends!

June is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be. Do you have questions about home prices, mortgage rates, or inflation in today’s housing market? Are you wondering how it impacts you when you buy or sell? If you’re ready to start looking for homes in our local area, Century 21 Scott Myers is here to help!

Helpful tips when you list your home!

The asking price has been set, the listing contract has been signed, and the marketing is about to be launched. Sellers may be feeling a mixture of excitement and anxiety and will probably look for guidance about what to do next. Here are some helpful tips when you list your home:

• Secure valuables and personal information.

It will make everyone feel better to know that their prized possessions and private data are in safe places when strangers start touring their home during showing appointments and open houses.

• Make a good first impression.

The time spent cleaning up the yard and landscape and sprucing up the exterior of the home will pay dividends in curb appeal. When prospective buyers drive by the home and find the outside inviting, they’ll be much more likely to want to see the inside.

• Make plans for pets during showings.

Whether you decide to take pets during appointments, board the animals, or secure them in kennels, make consistent arrangements so that the pets aren’t a distraction. Plans should be communicated to any agents who show the property so that everyone knows what to expect.

• De-clutter.

Go ahead and pack away extra items, especially those that are displayed and in closets. The home will look neater and more spacious for pictures and showings, and you will have a head start on packing when moving time comes.

• Have a strategy for morning departures.

The morning rush can be stressful with a home on the market when everyone is trying to get out the door and leave the home presentable for showings. The best approach is to divide and conquer. Assigning one person to empty trash cans, another to clean kitchen countertops, and another to straighten the home, etc., spreads the labor and ensures that every task gets completed. 

• Put the moving wheels in motion.

While you may not know the exact moving date, you can do some of the legwork to select a moving company and start the packing process. Interview movers, get estimates, gather moving supplies, and talk about general timeframes to know what to expect. Taking these steps now will save time and stress later, especially if there will be a short escrow. At Century 21 Scott Myers we have our concierge service to help you with this!

As you get ready to sell, let’s work together to make sure you’re prepared. Click HERE to sign up for your Neighborhood News!

Buying A Home With Past Credit Problems

Buying a home can be both exciting and stressful but, for those with past credit problems, the process may also seem intimidating.  The good news is that many lenders have adapted to the idea that many hopeful homeowners simply need a second chance, which means that past credit problems no longer have to define your future.

Credit Blemishes

When life unexpectedly takes a turn for the worst, it’s not always possible to come out without a few bumps and bruises.  Every day, people are faced with late or missed credit card payments, mortgage foreclosures, bankruptcy proceedings, auto repossessions and even civil judgments that will affect their credit reports for years to come.  Whether it’s from a job loss, injury or just a simple case of temporary hardship, credit blemishes are often a part of life.  The good news is that they no longer have to prevent you from becoming a homeowner.

Give Yourself A Little Credit

After experiencing a credit problem, most lenders will want to see an attempt to rebuild your credit through a steady payment history with a new account.  This can be accomplished by applying for a credit card and maintaining a responsible use of the account.  If you aren’t approved for an unsecured card, you can always apply for a secured credit card.  Either will rebuild your credit over time and will help to show lenders that your past credit problems are just that – in the past.

Clean Up Your Credit Report

Before applying for a home loan, make sure that you check your credit report from each of the three major credit reporting agencies.  Every 12 months, consumers can request a free copy of their credit report from Experian, Equifax and TransUnion.  If anything is incorrect or found to be inaccurate, filing a dispute with the credit reporting agency can help to get the information corrected before speaking with a lender.

When you apply for a home loan, the lender will access your credit report for the purpose of determining your creditworthiness.  In an effort to ensure that you have the best possible chance at being approved for the loan at the best possible interest rates, making sure that your credit report is accurate is a must.

Save Up For A Down Payment

Some homebuyers often qualify for a mortgage with down payments as low as five percent (three percent for FHA loans), but those with past credit problems may be required to shell out up to 35 percent or more for a down payment on their new home.  A buyer who pays a larger down payment obviously has more vested interest in the home and may, thereby, be less likely to default on a loan.  If you have past credit problems, check with your lender about specific down payment requirements and start saving!

Creative Financing Options

If you’ve exhausted all of your conventional efforts and are still turning up empty, don’t give up just yet.  Alternative financing is an option that many homebuyers use to purchase a home.  Your REALTOR® can provide you with details regarding any lease purchase and/or owner financing properties, which may require no credit check, no bank qualifying, a low down payment and competitive interest rate options.

 

Buying a House in 2023: What to Expect

 Despite elevated mortgage rates and a continuing shortage of homes for sale, the 2023 market has some bright spots for buyers. The frenzied competition of the past few years has settled down, home prices are stabilizing, and properties are staying on the market a little longer. “It’s not as crazy as it was,” says Trevor Gearin, a real estate agent with Century 21 McLennan & Co. in Methuen, Massachusetts. “Six months ago, the buyers didn’t have a chance to think. Now we’re seeing buyers being able to negotiate a little.” If you’re thinking about shopping for a home, here’s what to expect and how to approach the market.

Home prices flattening

After big gains in the past three years, home prices are expected to stay flat.

The National Association of Realtors, or NAR, predicts median existing home prices will rise just 0.3% in 2023 — a stark contrast from the 9.6% year-over-year increase in 2022 and eye-popping 18.2% jump in 2021. Existing homes are those that were owned and occupied before going on the market. The NAR projects prices for new homes to creep up 1.3% in 2023 after double-digit gains in the past two years.

About half the country may see small price increases, while the other half may see slight declines, Lawrence Yun, NAR’s chief economist, said in a press statement. “However, markets in California may be the exception, with San Francisco, for example, likely to register price drops of 10 to 15%.”

Buyers already have more choices in some markets, but the supply of homes is still tight. In October, there was a 3.3-month supply of homes for sale, meaning it would take a little over three months for all available homes to sell at the current pace. In October 2021, there was a 2.4-month supply — but a balanced market has about a five- to six-month supply.

Buyers have more negotiating room

Sellers can’t call all the shots the way they did a year ago.

“It’s still a neutral market in some areas, but it’s definitely shifting toward the buyer’s benefit,” says Ramez Tabri, an agent with Century 21 Real Estate Alliance in the San Francisco Bay Area. “There are really good deals to be had.”

Some markets still favor the seller, but even there, buyers are standing firmer. For example, fewer buyers are giving up on home inspections, as many desperate shoppers did last year to win bidding wars. Some buyers are even getting sellers to pay some of their closing costs.

“That’s something that a year ago was unheard of,” says Nate Johnson, president of Real Estate Solutions at RedKey Realty Leaders in St. Louis.

Johnson says St. Louis is still a seller’s market, and well-priced, well-maintained homes continue to sell fast. But other properties are sitting on the market longer, and premium properties are seeing fewer offers. “A year ago, a property may have gotten 10 offers,” he says. “That same property is going to get three or four offers.”

Mortgage rates stabilizing

Mortgage rates more than doubled in 2022, with the 30-year fixed-rate mortgage rising from about 3% at the beginning of the year to more than 6% in December.

The 30-year fixed is expected to average from 5.2% to 6.8% in 2023, according to recent forecasts by Fannie Mae, Freddie Mac, the Mortgage Bankers Association and the NAR.

The Federal Reserve, which increased the federal funds rate by 4.25 percentage points in 2022 to quell inflation, isn’t done raising rates. But it has stepped off the gas a little. The most recent increase in December was 0.50%, down from the previous 0.75% hikes. Many lenders have built that bump into their rates, so economists don’t predict a big jump as a result of the Fed’s latest action.

Tips for buying a house in 2023

Here’s how to prepare and compete in the market.

1. Get your finances in order

Take a comprehensive look at your finances six to nine months before you start home shopping, recommends Eileen Derks, senior vice president and head of mortgage at Laurel Road in New York. How much can you set aside for a down payment? What’s your budget? How much house can you afford to buy? The key is to own your home and not feel like the home owns you, Derks says.

Review your credit reports and correct any errors and check your credit score. Pay bills on time and pay down debt to elevate your score and reduce your debt-to-income ratio. Lenders offer the best mortgage rates and terms to borrowers with high credit scores and low debt-to-income ratios.

Schedule a free consultation with a loan officer, suggests Dan Hanson, executive director in market retail at loanDepot, headquartered in Irvine, California. A mortgage professional can let you know how your finances stack up and what you can do to improve your financial profile.

2. Understand mortgage options

“A lot of people still think they need to put 20% down,” Hanson says. “That’s not true.” FHA mortgages backed by the Federal Housing Administration require only 3.5% down, for instance, and VA mortgages for veterans and active-duty military members require no down payment. Some conventional loans require as little as 3% down. And most states have down payment and closing cost assistance programs for first-time home buyers with moderate incomes.

There are fixed-rate and adjustable-rate mortgages, renovation loans for fixer-uppers and many other options.

Check out lender websites to learn about the choices.

3. Shop mortgage lenders

Some lenders offer a broad range of mortgages, while others specialize. Look for lenders that offer the types of mortgages you’re looking for and apply with more than one to compare. Don’t check just the interest rate. Look at the APR, or annual percentage rate, which includes the total cost of the loan, Derks says.

Compare loan estimates from different lenders line by line, Derks adds. The loan estimate, a standard document lenders must provide after you apply, details rates and fees, estimated closing costs and your projected monthly mortgage payment.

4. Hire a good real estate agent

“Having a quality, talented Realtor on your side as a home buyer is going to really help you get across the finish line,” Johnson says. A real estate agent will help you find suitable properties, craft offers and negotiate with sellers. “There is more to it than just the money,” Johnson says. “There are a lot of other terms and conditions.” For example, being flexible with the closing date or letting the seller stay in the property for a few days after closing can help get an offer accepted in some cases.

Look for an agent with deep experience in your market. Ask for referrals from people you trust, interview a few agents and check references to find the right fit.

By Barbara Marquand  Dec 22, 2022

Fall Home Maintenance Checklist: 18 Things to Do Every Year

Feel that nip in the air? Fall has arrived! Here’s how to get your home and yard ready for winter before it’s too late.

1. Clean Gutter and Spouts

Those falling autumn leaves can cause big problems for you this winter if you don’t get them out of your gutters now. Clogged gutters can cause roof and wall leaks, peeling paint, wood rot, and damage to the gutters themselves that can be difficult to repair. Your plumber’s snake is a great tool for pulling clumps of wet leaves out of clogged downspouts. An old plastic spatula makes a great tool for cleaning debris from gutters! It doesn’t scratch up the gutter, and you can cut it to fit gutter contours with snips. Whether you do the job yourself or hire help, don’t procrastinate this important task.

2. Clean Your Chimney

How often do you need to have your chimney cleaned? It depends on the moisture content of the wood you burn. If you see moisture bubbling out the ends of the logs when they’re burning, the wood is wet. This green wood doesn’t burn cleanly and sends a lot of unburned particles (smoke) up the chimney, where they build up as creosote and soot. Dry hardwoods, such as oak and birch, burn hotter and cleaner.

Creosote and soot buildup in the chimney flue is dangerous because it can ignite and cause an uncontrollable chimney fire. A quick way to tell if your chimney needs cleaning is to run the point of your fireplace poker along the inside of your chimney liner. If you find a 1/8-in. or more layer of buildup (the thickness of a nickel), call a chimney sweep

If it’s been a few years since your last chimney cleaning, now’s a good time to schedule one. The cleaning includes an inspection for soot buildup, obstructions, cracks in the chimney liner and signs of water damage. Older chimneys often have gaps between clay liner sections where the mortar has fallen out.

3. Check Your Detectors

With furnaces turned on, the windows closed and portable heaters humming along, fall is a great time to make sure your smoke and CO detectors are working. This chore only takes a minute and can save lives.  Inspect your smoke detector alarms to make sure they are operating.  If your smoke detector has a power indicator light, make sure that is on.  Then, press the test button to see if the alarm sounds.  Go ahead and put in fresh batteries while you’re up there.  Check batteries and expiration dates – smoke detectors are typically good for 10 years, and CO detectors last for about six years. If you don’t already have them, consider installing carbon monoxide detectors in your home, too.

4. Have your heating equipment checked

 In addition to making sure your heating system is ready to perform in cold weather, having it inspected by a qualified contractor can keep it operating efficiently, which can save money on energy bills.  Be sure to change your system’s air filters monthly, or according to the manufacturer’s instructions.

5. Bleed Hot Water Radiators and Clear Steam Radiator Vents

When trapped air clogs a hot water radiator, some or all the ‘fins’ will stay cold. At the top of the radiator, look for a small valve like the one shown. Take a radiator key, 1/4-in. 12-point socket, or a flat screwdriver (depending on the valve type) and slowly turn the valve counter-clockwise until water starts dripping out. This releases the trapped air and lets hot water into the cold fins. While you’re at it, you might as well repeat the process on all your radiators. Have a cup or dish handy to catch the water.

Steam radiators have an air vent. Unfortunately, many of these vents get painted over, plugging the air hole. Clear the air hole in the top of the vent with a small wire or sewing needle. If you’re still worried about the air vents working properly, consult a hot water/steam heat specialist who can replace the vents.

6. Change Your Furnace Filter

Changing your furnace filter is one of the easiest things you can do to keep your furnace in good shape. If you haven’t changed it in a while, make sure you have a fresh one before you turn your furnace on for the first time.

7. Water in the Fall

Your lawn still needs water in autumn, even though the leaves are changing, the growing season is winding down and your grass isn’t growing as fast. Fall watering helps your lawn recover from summer stress and gain strength for the winter ahead. Also, if you fertilize in the fall, watering is necessary for fertilizer to dissolve and soak into the ground where it’s needed. So don’t put your hoses or sprinklers away until the ground starts to freeze, your fall grass still needs the water.

8. Aerate the Soil

‘Aerating’ simply means making holes in the ground by removing plugs of soil. And it’s the single most important task you can perform to maintain a healthy, good-looking lawn. It relieves compaction caused by foot traffic and creates extra pore space in the soil, allowing air, nutrients, and water to enter. All that helps roots to thrive. Aerate your lawn at least once a year, preferably in the fall. You can rent a lawn aerator at any home and garden equipment rental store. Be sure to get one that removes plugs of soil rather than one that just pokes holes in the ground.

9. Fertilize in the Fall

If you want the best lawn in town, fertilize four times a year. But if you can only fertilize once a year, you can still have a great lawn if you fertilize in the fall. Choose a fertilizer that’s labeled 4-1-2. (The numbers refer to the % of nitrogen, phosphorus and potassium in the fertilizer.) Better yet, ask an expert at a garden center for advice about the best fertilizer blend for your fall grass type and local soil conditions. Apply the fertilizer about three weeks before the last mowing of the season. Fertilizing in the fall provides energy and nutrients for the grass roots as they multiply in cooler weather before the grass goes dormant. The roots store food for the winter as well, which gives the grass an initial growth spurt when it emerges from dormancy in the spring.

10. Cut Grass Short

First, rake and remove all those dead leaves. Otherwise, they’ll be sodden mats in the spring and smother the sprouting grass below. (Plus, it’s lots easier to rake dry leaves!) Then, just this one time of the year, set your mower to cut your grass short, at 1-1/2 or 2-inches. And tall grass blades won’t lie down and smother the new grass next spring.

11. Trim the trees

Cut back any dead branches, particularly those that are hanging over your house. In stormy, windy, or icy weather, these could fall and potentially cause damage and injury.

12. Winterize Your Sprinkler System

You don’t have to pay someone to blow out your sprinkler system. You can do it with your own compressor but be aware that even the largest home compressor isn’t powerful enough to blow out the entire system at once. According to the Family Handyman, if you like number crunching and you have the original irrigation layout showing the gallons per minute (gpm) of each sprinkler head, divide the gpm of each zone by 7.5. That’ll give you the cubic feet per minute (cfm) you need to blow it out. Otherwise, rent a 10-cfm compressor and hose from a tool rental center. Set the compressor air pressure regulator to a maximum of 80 psi for rigid PVC pipe systems, or 50 psi for flexible black polyethylene pipe. Then turn off the water supply and set the system timer to open just one zone. Next, open the manual drain valve at the end of that zone (if equipped). Then, connect the airline to the blow-out port, as shown. Close off both valves on the backflow preventer. Then remove the plug on the blow-out port and screw in a quick-connect hose adapter. Snap on the air hose and connect the other end to the compressor. Now blow out the line. The heads should pop up and spit out water. Disconnect the hose as soon as it runs dry. Don’t overdo the blow-out—without water cooling the plastic gears, they can melt in less than a minute. Move on to the next zone and allow the heads to cool. Then go back and blow out each zone a second time.

13. Drain Garden Hoses or Waste Money on Replacements

I sometimes neglect to drain garden hoses before putting them away for the winter. Usually, it’s not a problem. But occasionally, freezing water splits a hose open. I’ve lost a few cheap hoses this way and a super-expensive one (ouch!). That’s just a waste of money because draining hoses is so quick and easy: Blast out the water with an air compressor or stretch them out on a sloped yard or driveway. If you need to buy a new garden hose, learn how to do a simple test, right in the store, to see if the hose will be kink-free!

14. Extreme Temperatures

Paint doesn’t handle extreme temperatures very well. Bring latex/acrylic paint into the house. And while you’re at it, don’t forget the latex caulk. Freezing ruins both latex paint and caulk. Another temperature-related painting mistake is painting when it’s going to freeze. Paint can’t dry properly in freezing temps. It will only dry partway and will easily come off when touched. At the other end of the thermometer, painting a hot surface is also a bad idea. The paint starts to dry before you can spread it evenly and bubble and slough off. Plan your painting to avoid direct sun if possible. Or at least try to paint south-facing walls in the morning or evening when the sun is less intense.

15. Winterize Your Gas Grill

If you’re not a winter griller, now’s the time to pack away your grill. In addition to giving your grill a thorough cleaning to remove grease and food scraps, take these steps to help prevent any unpleasant surprises when you fire up your grill again next spring.

Shut off the gas at the LP tank, unfasten the burner, slip the gas tubes off the gas lines and lift out the unit. Coat the burners and other metal parts with cooking oil to repel moisture that can build up over the winter and to prevent rust. Then wrap the burner unit in a plastic bag to keep spiders and insects from nesting in the gas tubes during the winter. This is a common problem that can make for balky starts, uneven flames or even a one-alarm fire the next time you light your grill.

If you’re storing your grill outside during the winter, just keep the propane tank connected (but shut off) and put a protective cover over the entire grill when you’re done cleaning it. If you’re storing the grill indoors, don’t bring the tank inside, even into the garage or a storage shed. A small gas leak can cause a huge explosion if the tank is stored in an enclosed space. Instead, disconnect the tank and store it outside in an upright position away from dryer and furnace vents and children’s play areas. Tape a plastic bag over the grill’s gas line opening to prevent insects from nesting.

16. Store Lawn Chairs

Here’s how to store your lawn and folding chairs so they’re out of your way. Take two pieces of 1×4 lumber (any scrap lumber will do) and create some simple, cheap, and useful brackets on the wall. Cut each board 7-3/4 in. long with a 30-degree angle on both ends. Fasten pairs of these brackets with three 2-in. screws to the side of the exposed wall studs, directly across from each other, and you’ve got a perfect place to hang your chairs. Get more ideas for garage storage.

17. Make a Winter Driving Kit

This kit is overkill for year-round driving, but it could be very useful during winter. It only takes a few minutes to put together and you probably already have most of the stuff!

18. Get Your Property Ready for Ice

Take a few minutes to inspect your property. Remove rocks, dog tie-out cable, extension cords, holiday light cords and garden hoses.

What makes a home look expensive? 11 tricks designers use that won’t break the bank

There are plenty of ways to make a home look expensive without the high price tag. The secret to achieving an expensive look for your home isn’t actually rooted in the amount you spend. In fact, when it comes to making a home look expensive, less is often more.

Why make a home look expensive? It’s obviously wonderful to live in a home that feels well-curated, but it’s also a great way to increase your home’s value if you are thinking of selling up any time soon. Whether you are looking for luxury living room ideas or luxury bathroom ideas and beyond, these expert interior design tips will help you achieve an expensive aesthetic in every room of your home.

WHAT MAKES A HOME LOOK EXPENSIVE?

Making a home look expensive primarily comes down to the materials you use and how you dress your space. Every interior design project should begin with a declutter – there are plenty of decluttering tips to help you. Decluttering your home will ensure that you are starting with a clean slate – after-all, clutter definitely doesn’t say ‘expensive’. It is also important to avoid anything that makes your house look cheap.

1. PICK FURNITURE WITH CHARACTER

Gone are the days of a matching suite of furniture being a marker of great interior design. Today, it’s all about texture, interest and character. Decorating with antiques, especially wooden pieces, is a great way to make a house look expensive. You can mix antique and newer finds to curate a space that is truly unique to you.

‘When decorating with wood, resist the urge to pick furniture in the same species or tone as this can sometimes make a room feel flat. Instead opt for pieces with slight color variation for a more sophisticated and polished look,’ advises Rob Ellis, head of design at Dwell.

2. ADD CHARACTER AND TEXTURE WITH PANELING

Originally used in period homes as a method of insulation, today wall paneling ideas are loved for the way they elevate a room – giving the scheme a sense of gravitas that instantly screams ‘expensive’. There are ideas available for paneling any room of your home, from living room paneling ideas through to bathroom paneling ideas. Plus, it’s a surprisingly cost-effective way to decorate, often more affordable than wallpaper.

While wall paneling is by far the more traditional option, why not consider ceiling paneling? One of our favorite ceiling ideas, it adds architectural interest to what can be an overlooked part of your interior design and will also emphasize the height of the space, another technique that makes a home look expensive.

3. INSTALL STATEMENT LIGHTING

No expensive-looking interior is complete without a chandelier, which, in itself, needn’t be costly (you can even buy affordable chandeliers on Amazon, vital if you are decorating a home on a budget). However, they aren’t just reserved for houses straight out of a period drama, both modern and traditional homes can both benefit from the instant elegance of a chandelier – and there are plenty of living room chandelier ideas from which to choose.

One of our favorite ways to make a living room look expensive, a bold pendant light will also draw the eye upwards, emphasizing the height of the room which in turn makes the space feel bigger and brighter. ‘Statement chandeliers are the jewelry of an interior,’ says Owen Pacey, founder of Renaissance London. ‘A great way to level up your living room is with a grand, statement chandelier, whether that’s an ornate, rococo-style, gilt piece or a contemporary sputnik globe.’

4. GIVE YOUR STAIRCASE AN UPDATE

Updating your staircase might seem like an unusual way to make a house look expensive, but new staircase ideas, whether a new or refinished banister or balustrade or smartly painted risers, can transform the way in which people perceive your home.

‘A staircase is an integral part to the structure of any home and is the first thing that yourself and guests see when walking inside, so guaranteeing your entryway is impactful is key. A bespoke staircase is the perfect way to transform a space into something that was once ‘tired’ into somewhere that is stylish and welcoming,’ says Gareth Betts, Neville Johnson’s staircase designer. Let yourself be inspired by the latest staircase trends, but always stick to a design that suits the period of your home and your existing interior design.

Even if you don’t go for a total change, there are many ways to decorate a staircase that are sure to give your existing flight a new lease of life. Consider ripping up staircase carpets that are worn and replacing them with elegant wood flooring ideas or even wood-look flooring. You can then dress these with pretty stair runner ideas that will help with grip as well as adding aesthetic value.

5. DISPLAY CUT FLOWERS

‘It may seem obvious but having fresh flowers on the counter is an instant color burst adding endless decorative value,’ advises Kristina Phillips of Kristina Phillips Interior Design. Decorating with flowers is a quick and effective way to make a house look expensive. Not only do fresh flowers bring color and texture to a room but they also bring a sense of life and some even imbue the room with their beautiful fragrance.

‘Eucalyptus is a favorite among florists for creating fragrant and luxury displays perfect for high-end interiors. Paired with a simple glass vase and beautifully interspersed among fresh flowers such as lilies, carnations, roses and thistles, the stunning shapes of the eucalyptus stems will add height and dimension to any room and add a look of opulence for a more expensive interior,’ says Dani Turner, customer experience director at Bunches.

Why not go a step further by planning a cut flower garden so you can harvest fresh blooms from your own flower beds? ‘This is a much more sustainable way of growing flowers for arranging in your home and avoids buying ones that have been flown halfway across the world,’ explains Amelia Bouquet who trained in garden design at the English Gardening School.

6. INVEST IN ART YOU LOVE

Decorating with art can seem like a daunting prospect, from choosing the right colors and textures to size, shape and position. Thankfully, there is lots of advice to help you choose art for your home and plenty of gallery wall ideas that are sure to inspire.

‘Bare walls will make a space feel empty and lacking, but enormous prints of a cityscape are certainly not the way to go. Taking time to invest in pieces you genuinely like, that also fit your space will make a huge difference to the overall look and feel of any room and help to craft something that feels authentic and meaningful. Don’t rush this process or put pressure on yourself to have all your art within six months. Building your collection is all part of the fun,’ says Sam Greig, senior designer at Swoon.

7. REPLACE CARPETS WITH WOOD FLOORING

Timelessly beautiful, wooden flooring is a highly desirable feature. Loved for its authentic, natural appearance, durability and warmth underfoot, it will add an expensive look to any room in which it is installed. ‘Flooring is the key element when it comes to setting the tone for any interior. Get this right and all the other details will fall into place,’ says Darwyn Ker, Managing Director of Woodpecker Flooring.

There are lots of options from which to choose. A reclaimed wood floor is imbued with history and character which is nearly impossible for newer boards to emulate, however it is poorly suited to a kitchen as there are more durable kitchen flooring ideas from which to choose. If you love the look of wood but want something a little more budget friendly, luxury laminate wood-style flooring will achieve a similar finish at a fraction of the price.

‘Lighter boards create an element of freshness all year round and while they might not offer the same drama as their darker counterparts, they still add wonderful character to the home. They are ideal for those who prefer to walk on the fresher, brighter side of interiors,’ adds Darwyn.

8. INCORPORATE LUXURY MATERIALS

You don’t have to go all out when adding luxury materials to your home. Yes, a marble bathroom will look stunning and definitely give off expensive vibes, however, it is not the only way. First, consider saving in certain areas that don’t matter as much to you – perhaps you go for engineered wood flooring over real wood or you opt for a more affordable paint brand – so that you have the budget to invest in the items that really matter to you – maybe a marble sink for your kitchen or grand fireplace for your living room. You can also accessorize with pieces made from luxury materials, such as a marble tray on a coffee table or a gold candle snuffer; this will help to make your house more look expensive without breaking the bank.

9. KEEP WIRES OUT OF VIEW

We live in a technological world, and it is likely that there will be wires in every room of your home, from the TV in the living room, appliances in the kitchen to chargers in the bedroom. However, even the most elegant room will be brought down by a tangle of stray cables. In order to achieve an expensive looking home, it is essential that this source of visual clutter is reduced as much as possible.

If you have a wall mounted television or are thinking about TV wall ideas, consider running the cables through the wall to achieve a seamless look. Then hide peripheral devices in sideboards or adjoining cabinetry to continue to wire-free aesthetic. For device chargers, consider an all-in-one wireless option. The single cable can tuck behind sideboards or bedside tables and the dock will provide an easy, minimalist way to charge all your devices without all the cables.

In the kitchen, the easiest way is to keep appliances out of sight. Store toasters, blenders and other occasional gadgets in a cupboard or pantry until needed. This will not only reduce the wires but will also keep your kitchen countertops clear.

10. ADD A VINTAGE RUG

‘Luxurious rugs can make a home look and feel more expensive. Choose options that are durable and stain-resistant,’ says Jessica Nelson of Jessica Nelson Design. Knowing how to choose a rug can make or break an interior scheme, and the right design is a simple way to elevate your space.

‘Rug pads also make a big difference in the design. We usually opt for thicker felt options over the thinner webbed versions. There are some great expensive options out there, but we also love vintage rugs we find on Etsy as a more budget-friendly option,’ adds Jessica. Once you’ve chosen the perfect design – there are plenty of bedroom rug ideas or living room rug ideas that are sure to inspire – it is also important that you know how to clean an area rug in order to keep it looking its best.

11. DON’T OVERLOOK THE DETAILS

Finishing touches are a great way to make your home look expensive. Think door handles, drawer pulls, light switches and sockets. These elements are often overlooked but the right design can pull an entire scheme together. ‘Light switches are the most interactive part of your interior and should be an integral part of the design,’ says Howard Solomons, head of design at Wandsworth Electrical. ‘Anything handled so frequently must reflect quality, not only in its look but also in its touch.’

While outlets and switches are small details, this is not a place to skimp – opt for the best you can afford. Create a harmonious look by ensuring that door handles and the pulls on drawers and cupboards are in the same material and finish as your sockets and switches.

HOW TO MAKE YOUR HOUSE LOOK EXPENSIVE ON A BUDGET?

One of the best ways that you can make your house look expensive on a budget is with your decor. Whether it’s vases of flowers, artwork or window treatment ideas, all of these elements can help to make your look more expensive.

‘While many of us have been spending so much time at home, it seems like every day we’re finding something that we want to change in our space. If you’re working with a minimal budget, updating your window treatments can play an integral role in a refresh without going overboard. Think of your window treatments as a canvas for the rest of your space,’ says designer Mariko Blakemore of Stoneside Blinds & Shades.

HOW DO YOU MAKE YOUR HOUSE LOOK LIKE IT’S WORTH MORE?

One of the easiest ways to make your house look like it’s worth more is by repainting. ‘To give a room life and look more expensive, go with the power of paint. A fresh coat of paint in an eye-catching color – either bold or moody – can make all the difference,’ says Mary Patton of Mary Patton Design.

Also ensure that your home’s design is cohesive. ‘A home executed with a master plan, where each space ties into the next, elevates the feeling of a home. Colors, textures and furnishings need to be well thought out for each space in how they relate to each other and add to the overall experience. Tasteful application of color and placing of textures creates an atmosphere that hints at luxury. Furnishings should be both functional and beautiful; one should be able to indulge in comfortable yet visually interesting pieces. Pairing luxury and comfort make the home feel expensive,’ says Laurie Davis from Eralyn Interiors.