If you’re lucky enough to live in Lake Oswego, your home is one of your most important assets so why not take advantage of the spirit of the season and set some goals to ensure it keeps going up in value. As a Realtor in Lake Oswego for over 25 years I’ve seen homes where folks have failed to do some of the things I suggest here and as a result, they aren’t able to maximize their home’s full earning potential upon selling.
So even if you’re not planning to move this year, take time to preserve your asset by making one of these resolutions.
- Declutter. We’ve just finished a season where chances are you’ve accumulated more “stuff.” Before you make a home for the new, find a way to get rid of some of the old. Trust me, you’ll feel better and you’ll also find more space to enjoy your home as you re-claim a closet or a cupboard or part of your garage that has been held hostage to “stuff” you didn’t know what to do with.
- Budget for home improvements. Once you’ve tidied up and cleared things away, you can really see the condition of things. Start making a list and prioritize what needs to be addressed from the chipped bathroom cabinets to the stain on your daughter’s bedroom carpet. Get some estimates so you know which projects are doable and then plan for them.
- Do a smell test. You might want to enlist the help of a neighbor or friend with this one. We can often become immune to the odors in our own home but they can build up and prove offensive to visitors, and especially to homebuyers if and when you’re in the market. Pets, smoke, mold and mildew are the worst offenders. Take the time to address this issue by scheduling regular carpet cleaning, keeping pet bedding clean, smoking outside, providing adequate ventilation, and using an ozone machine.
- Create a home inventory for insurance. If you’ve ever had to file an insurance claim, you know how important documentation is. Take advantage of online apps to take photos and store your inventory so it’s accessible and can be updated as needed. Check first with your insurance company to see if they have a free online tool you can use. If not, check out Know Your Stuff provided by the Insurance Information Institute. It will guide you as you walk through your house, making sure you document all the important information.
- Invest in your neighborhood. The real estate mantra, “Location, location, location,” has been around for a reason. There’s truth to it so see what you can do to improve where you live. Drive by your house and ask yourself, “How’s the curb appeal? What can I do to make it better?” Get involved with your neighborhood association. Sign up for the next CERT (Community Emergency Response Team) training scheduled for the spring. Reach out to senior neighbors who might appreciate some assistance in keeping up with their yard work or exterior maintenance.
If one of your New Year’s resolutions is looking into selling your home, give me a call at 503.939.9801 or check out my website. I’d be more than happy to suggest the best way to get your house market-ready.