TALL Real Estate Blog – July, 2021

Thanks for taking the time to check out what’s happening in our real estate world!

We know that you’re likely in the full swing of summer, and so we’ll keep this update brief.

Recently, we revamped our website. This redesign was long overdue, and now our website is better reflection of who we are as a business.

Check out the full site and let us know what you think!

While you’re here, would you take the time and leave us an online review? If you’re one of our clients, we (and the world!) would love to know what you think about our service. Click this link to leave us a review on Google: https://goo.gl/LNNvCn

Here’s the Hamilton market at a glance. If you’d like information specific to your region, don’t hesitate to reach out!

Number of Sales (May vs June) – ⬇️ 11%

Number of New Listings (May vs June) – ⬇️ 8.6%

Average Sale Price: $771,419 (⬆️ 0.7% from May)

Sale Price to Listing Price Ratio: 103.4% (⬇️ 2.8% from May)

Months of Inventory: 1.6 (⬆️ 0.3 months from May)

Here’s the long story short, as it were: Property values continue to climb, but the market continues to cool into the summer time, easing the stress that buyers are facing as they search for a property.

If you have any questions, don’t hesitate to reach out to us. We’re always available to answer as many questions as you have.

• Wash both the inside and outside of the front windows. You’ll be amazed at the difference that can make.
• Sweep the walkway leading up to the front entrance. Add a new welcome mat. Also, wash down the front door.
• If possible, remove cars from the driveway. Let buyers imagine their own cars parked there!
• Mow the lawn. Lightly trim the hedges. Weed flower beds.
• Remove anything from inside window sills that may look unsightly from the outside. Try putting a couple of flowering plants there instead.
• Place any trash bins out-of-sight. For example, put them in the garage or neatly at the side of the house.
• If the entrance door hardware is old and worn, change it. New hardware can make a bigger difference than you might think.
• Make sure the outdoor lights are working, especially if you’re showing your home in the evening.
• Add some flowering plants to flower beds, or buy a couple of portable potted plants and place them strategically.
• Clean your mailbox. If it’s rusted, replace it.
• If you have a power washer, give the walkway and driveway a quick blast. Just be sure it will be dry before the buyers arrive.

These one-hour improvements may seem minor, but anything that helps buyers form a more positive first impression of your home is worth the effort.

Deck post lights. These are easy to install because they’re designed to sit on top of a standard 4×4 wood deck post. Most are solar powered.

Street-style lamps. As the name implies, these look similar to old-fashioned street lamps. Installation is a little more complex, but still DIY-friendly. They’re eye-catching and have a dramatic impact on the look of your outdoor space.

Portable lantern lights. These are outdoor lights that are portable and often made to look like a decorative fixture for a coffee table or side table. They can be placed anywhere.

LED walkway lights. These are small lights that fit neatly and almost invisibly under stairs and around walkways. Walkway lights not only look good but also improve safety. Most are battery powered.

Planter lights. This is one of the most interesting options. Each one is both a flower pot and a light in one! The pot itself is translucent which allows the light inside to shine through.

Design experts say you should treat your outdoor space as you would any room in your home. Lighting it up for evening comfort and enjoyment is a good place to start.

So, when you’re selling, consider changing the bedroom back to its original purpose. You don’t necessarily need to put in a bed and dresser (although for staging purposes, that would help.) Just make the bedroom look like a bedroom for showings.

Keep this in mind: It’s easier for buyers to imagine a bedroom as a potential home office, playroom, etc. than the other way around.