Market Snapshot

What Your Neighbors Don't Know: The inventory is peaking right now and the market will remain balanced for the remainder of the year.

 

Preparing to Sell?

Here's How to Get Your Home Ready

 

With home prices on the rise, it's important to get the highest possible price when selling your home. If you don't, you may not be able to afford a new home in your desired market. Rather than undertaking major renovations before putting your house up for sale, the best way to maximize your home's sale price is through maintenance and inexpensive improvements.

The first step in preparing a home to sell is ensuring there are no glaring issues that buyers would consider a dealbreaker. Ideally, you've maintained your home over the years by regularly inspecting the roof, windows, siding, foundation, and other critical components for problems and repairing and replacing as needed. If not, this is the time to make the necessary fixes. Repair leaky faucets, gouged molding, crumbling grout, and other distracting problems around the home.

If you're handy, you can complete many minor repairs yourself with basic tools. If DIY home improvement isn't your strong suit or you don't have the time, hire a handyman or contractor who can tackle a variety of household tasks for you. Know that in California, a licensed contractor must be hired for jobs valued over $500. The Orange County Register provides additional details regarding handyman laws.

Before investing in major repairs like replacing the roof, HVAC system, and windows, talk to a real estate agent experienced in your local market. Knowledgeable REALTORS® like Glenn and Elvira Tinturin can advise you if major repairs are likely to offer a sizable return on investment, or if it's more cost effective to leave the home as is and price it accordingly.

Once repairs are out of the way, turn your attention to cosmetic improvements. Indoors, clean scuffed walls, patch holes, and repaint unusual wall colors to a neutral shade that appeals to a broad range of buyers. Refinish hardwood floors to renew their luster, and schedule a carpet cleaning to eliminate stains and odors.

Don't overlook the exterior. Curb appeal is one of the most important factors when selling your home; if your home doesn't look good from the outside, buyers won't bother coming in. Tinturin suggests that you ensure your lawn is green and manicured, garden beds edged and mulched, and landscape plants pruned and shaped. Repainting the front door is an easy way to make your home look on-trend; according to Rugh Design, cool blues, grays, and blacks are popular shades for 2018. Whatever you choose, make sure it complements the overall color scheme of your home.

If your front porch looks bare, Tinturin recommends adding some greenery in the form of potted plants. Whether you opt for symmetrical, oversized planters flanking the front door or a series of smaller planters staggered up the front steps, container plantings are a great way to draw visitors' attention toward the entrance. Pair it with a new welcome mat and a modern light fixture for a simple but stylish front porch.

If you're not sure what else to improve, research other homes for sale in the Lake Arrowhead area. The average listing price in Lake Arrowhead is $353,000, but if you intend to list above that price, you should compare your home to others in your target price range. Pay attention to how homes look and how long they've been on the market; the homes that are selling the fastest and at the highest price are the ones you want to emulate.

Selling a home can be a long, arduous process, or it can be fast, easy, and profitable. The difference is in how sellers prepare before putting their home on the market. By making your home look its best and eliminating problems that could turn buyers away, you help your home sell faster and for more — and that's what every seller wants.

Article provided by Natalie Jones from HomeownerBliss.info.

Wow! This terrific cul-de-sac home is in beautiful, turn-key move-in condition and is sure to enchant you. With incredible views of the didtant mountains, evening city lights, and sunsets, 2 gorgeous, newer, trex-type decks for enjoying the outdoors, bbq's, and fresh air. With 5000 feet of elevation, the weather is always different. This home offers pitched beamed ceilings and a stone fireplace in the living room, a large bedroom and full bath on the main level, near-level entry with only a few steps up to the front door landing. It even has a/c. This home offers full Lake Rights, and is just minutes away from Tavern Bay Beach Club, the local hospital and medical center, restaurants, shopping, and entertainment in Lake Arrowhead Village, Cedar Glen, and Blue Jay. This location offers something for everyone (parks, hiking, biking, fishing, trails, swimming, eating, relaxing). And, just a short drive to the slopes for winter skiing. Additionally, for investors and part-time vacation home buyers, this home has a terrific record for Airbnb rentals. Priced to sell fast. This is where your dreams come true.

This tiny, unincorporated town in the San Bernardino Mountains has been used as a filming locale since the industry moved to LA in the early 20th century, most recently for that cinematic masterpiece known as  Space Jam. But in addition to being a fictional home for Bugs Bunny, it's also been a real home for the likes of Bugsy Siegel, Michael Jackson, John Candy, Sammy Hagar, and dozens more.

Lake Arrowhead Named as One of 12 Most Luxurious Lake Destinations in the World

Lake Arrowhead is home to many celebrities, politicians, bankers, lawyers, musicians, doctors, and other professionals. Local residents benefit from the influence these professionals have on local politics. As any economist or politician will tell you, a good way to preserve natural beauty is to involve celebrities in the process of protecting that environment. Lake Arrowhead has done just that, and as a result, the pristine ecosystems are likely to stay that way.

In short, due to the high positions of some of its inhabitants, the Lake Arrowhead community is quite safe from industrial developers. This makes your investment in Lake Arrowhead real estate that much safer--your property values aren't likely to depreciate due to industrial development in the area. In fact, since that development is destined to happen in some other community in lieu of Lake Arrowhead, your investment in Lake Arrowhead real estate will likely increase in value. As fewer and fewer properties are available that can offer such a surfeit of natural beauty, it is almost inevitable that your purchase will increase in value.

It can be confusing and frustrating to navigate the (unnecessarily) complex and sometimes confusing world of buying and selling real estate. Unfortunately, since most people only engage in real estate transactions a few times in their lives, they do not have a chance to climb the steep learning curve. By being a well-informed house hunter, you will be in that much better of a position to know a deal when you see a bargain and pounce on it. All it takes is a little bit of research on your part, and most of that can be accomplished online. Shopping for real estate has rarely been faster or more convenient. But, the most important part is to use the expertise and advice of a trained and experienced REALTOR®. Glenn Tinturin is just that person.

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