Orlando Real Estate Blog
May 9, 2018
5 Home Updates That Pay Off
If you’re thinking about selling your home or buying and renovating a new home, often times the first question that comes to mind is “what upgrades will give me the most bang for my buck?” These 5 home projects will add value to your home and help to solidify a solid return on investment.
1. Garage Door
A brand new garage door not only ups the ante on curb appeal…at a nearly 98% return, it tops the list of upgrades that will stack cash back in your pocket. Go for a garage door that is appropriate for the area. If you live in Coastal, hurricane areas, an impact garage door will impress a new buyer.
2. Entry Door
Don’t stop at the garage door! A new entry door will polish off the front of your home, while also ensuring an almost 90% return on investment. Not all doors are created equal though, you’ll want to pick a style that compliments your home. Dark interior? Choose a door with a glass panel that allows light to enter the home.
3. Minor Kitchen Upgrades
You don’t have to go all out to see a return on investment here. Replace old countertops or reface existing, outdated cabinets and upgrade hardware and lighting. A clean, bright, kitchen update often recoups 80% of it’s cost and almost guarantees a quick sell.
4. Minor Bathroom Upgrades
The sentiment is the same here as is for a kitchen, a little goes a long way. Install a new countertop, new faucets and shower head. Ditch the old builder mirror and hang a wood-trimmed mirror for a custom look. A new coat of bright white paint goes a long way in a small bathroom and often you will recoup up to 70% of this investment.
5. New Windows
Old, outdated windows can turn buyers off. Spring for new, double paned, energy efficient windows throughout. Not only will you get a nearly 70% return on investment, you’ll save a ton on your heating a cooling bill each year!
April 24, 2018
Our Top 5 Tips for a Successful Home Remodel
1. Dream Big, Plan Ahead
Having a new shiny space sounds dreamy but take some time to see the big picture. What are your end goals? Do you plan to live in the home for years to come or sell quickly? Research your area to get a feel for renovation trends to avoid over renovating your home and understand what renovations will be your best return on investment. Having a clear plan and purpose in the very beginning, will help drive a smooth renovation.
2. Know Your Budget
Budgeting might be the most stressful part of a renovation but it doesn’t have to be. Be realistic when detailing out your expected costs. Know where to cut costs and what items might be worth the extra splurge. If cooking isn’t your thing, you probably don’t need to spring for the 8 burner, commercial grade gas stove, instead, go mid-range and invest elsewhere. Add in a contingency plan and get used to the idea of using it. Setting expectations when it comes to budget will not only help to prevent overspending, it’ll save you from a budget breakdown!
3. Hire the Right Team
Hiring the right team can make or break your experience. Research and ask around for recommendations. Meet with your potential candidates and get a feel for how they work. Did they show up on time to your meeting? Were they knowledgeable and able to answer your questions? Did they seem honest and trustworthy? Go with your gut – this is a working relationship and the better you feel about the team you hire, the more relaxed you’ll be throughout the renovation.
4. Keep an Eye on Things
Don’t feel overwhelmed by this task. If you’re living on site during the renovation, this will be easy but if you aren’t, plan to stop in at least once a week to see how things are shaking out. Pay attention to the details and if something isn’t what you expected, speak up. If you have the right team, they’ll want to hear what you have to say and work towards making you happy.
5. Practice Patience
Things aren’t going to be roses and butterflies every step of the way. There are going to be moments during the renovation that seem impossible, making you wish you hadn’t started at all, but channel the light at the end of the tunnel. Try to enjoy the process because, in the end, your hard work will pay off in the form of a Pinterest worthy space!
-The CHBO Team
April 16, 2018
A Before & After Peek at our Latest Properties
There is more to renovating a home than slapping on a coat of paint. At Cash Home Buyers in Orlando, we pay careful attention to detail and are committed to maintaining the integrity of our homes while transforming them into new, beautiful, functional spaces. Check out a few before and afters of our latest projects.
This Arthur Street project included a new roof, updated colonial windows, central A/C, a modern brick facelift and a covered front porch – the perfect mix of crisp, clean and classic.
This Deerwood Avenue project was in dire need of both restoration and modernization. The result, with new windows, barrel tile roof, courtyard pergola and added Mediterranean style architectural details, was truly a transformation.
This Morris Avenue project, located in the quaint community of Colonialtown, received a major makeover. Central A/C, a new roof, siding, colonial french doors, a wood deck for entertaining and an inviting open air front porch brought this home up to date.
Built in 1946, this Mount Vernon Street project received a total renovation. Complete with new siding, modern structural touches and a remodeled interior, we updated this home while preserving its history in the community.
This New Hampshire Street project included a new garage, landscaping and an open air sitting porch. This update not only drastically improved curb appeal but has also changed the functionality of this single family home.
That’s just a taste! Check back to see what else Cash Home Buyers in Orlando has been up to and if you’re looking to sell a home in the Orlando area, give us a call!
March 26, 2018
Selling a home is an exciting一and stressful一process. If you are trying to sell your Orlando home in today’s market, most homeowners will start by getting a home appraisal.
Fortunately, going online is a great place to start for those seeking counsel concerning their real estate. Whether you are looking to buy or sell a home in Central Florida, a wealth of information is available to you via these home appraisal websites.
Not only are these resources helpful in a pinch, they’ll track your home’s value so you can stay up to date on the market fluctuations in and around the Orlando area.
No proper list could start without mention of Zillow, arguably the titan of real estate estimation services. The reason that Zillow works so well is its easy-to-use layout coupled with an expansive amount of cultivated information. After receiving your Zestimate (the free estimate from Zillow’s website), take a moment to browse properties in the Central Florida area. You can compare your property value to those in the surrounding neighborhood or pick out your new dream house with their clean and simple interface.
Users of Zillow will be pleasantly surprised when they stop by Trulia, as the layout is very similar to the above site with a couple of added perks. Like Zillow, you can enter your address into Trulia, but instead of a Zestimate, the site will offer an average listing price for similar homes in your area.
This service also offers a tab that details market trends, crime reports, and available schools. It’s a great resource for already homeowners or those looking to purchase a home sometime soon.
Redfin stands out amongst the other estimating services because of its use of the Multiple Listing Service (MLS) to calculate a home’s current market value, which gives a more accurate estimate. The site is straightforward and easy to use, plus they have agents on-hand to assist anyone who would like to buy or sell a home through their website. Though you’re probably better off with a group that specializes in Central Florida properties, Redfin certainly offers a service that’s beneficial to anyone who’s curious about the value of their home.
The name of this site may indicate that it is intended for realtors, but actually the opposite is true: Realtor.com is a great resource for evaluating your home, receiving an estimate, and discovering local schools. Just enter in your address and you’ll find a ton of information on your Orlando home. There’s also a feature that shows you the median listing price of the neighborhood, which can be a huge help when predicting the price that your home could sell for.
5) Chase Mortgage Services
Our team was very surprised to learn that Chase Bank has its own home valuation service. Though it may not sport the bells and whistles of other popular estimate sites, Chase Mortgage Services offers a price range that they feel your home falls into, as well as information on neighboring homes. This site is free, easy to use, and best of all, requires no personal information to get started. It’s just another useful resource to have on-hand when you’re looking to get an estimate on your Florida home. There have been claims of slow updates to the database, so keep in mind that anything listed on Chase’s site should be taken with a grain of salt.
Real estate firm RE/MAX has also entered the home valuation game with a service offered from its website. This is likely a tactic to influence you to use their agents when you sell your home, but the valuation tool is easy to use and free. Additionally, it’s another option that does not require any personal information or email to get started and provides details on schools in the area, interesting graphics and realistic mapping.
Propertyshark is a limited resource, and you do need to create an account to access their full report, but from just a preliminary search you are able to see the specs, property taxes, and assessment history of your Central Florida home.
Though HomeGain’s primary function is to serve as a home shopping tool, they do have a valuator that allows you to see what your home is worth and how the value has changed over the years. The downside to this site is that it requires you to enter in an email to view the results, which will undoubtedly lead to unwanted correspondence in the future.
This site began as a place for homeowners interested in selling their own home in a tricky market without the help (and commission costs) of a real estate agent. It has evolved over time into a worthwhile and straightforward resource that even offers its own Price Scouting tool.
It does require you to register with them to use this function, but once you’ve signed up, you’ll have access to an estimated market value of your Orlando home based on comparable properties in the area that have recently told, plus characteristics of the the local real estate.
Even if selling your home isn’t yet on your radar, it can be very helpful to watch the market and familiarize yourself with the value of your Florida property. And there’s never been a better time, as the above websites offer you the chance to keep up with the housing market in your area without paying anything out of pocket.
It’s important to remember that while this information is based off of reliable resources, estimates are just that一they do not reflect an exact value. To get a finite number, meet with a couple of our experienced real estate agents or investors. They’ll be able to decode the local market and get you an exact value for your Orlando home.