Are you planning to sell your CT waterfront real estate this year? 

If you are,  you must already have a plan in mind. This is crucial, considering the fact that there are a number of properties for sale in this area.

When you are competing with many other waterfront homes for sale in CT, your regular effort to prepare will not be enough. You need to step up your game to make your home stand out from the rest of the crowd, be more appealing, and irresistible to buyers.

What do buyers want?

Knowing what buyers want is important when you’re preparing to sell your Waterfront Real Estate. Although seaside homes are already attractive on their own due to their location and wonderful view, these factors are not enough to convince potential buyers to choose your property. 

Put in mind the following considerations when selling a house:

• Every buyer wants to make sure that they get the best out of their money. That being said, buyers want a house where they can readily move in without need of repairs. Make sure that you upgrade your house by repairing any possible damages. Pay attention to the roof of your house. Make sure there are no leaks and visible damages. If you want your estate to sell better, you have to make sure that the buyers see your house for sale worthy.
• Since you are selling a real estate property near the shore, put a little more emphasis on your outdoor living area. People buy homes near the oceanfront due to the view of the outdoors. It does not need to be grand but, make it look clean and neat to make a good impression.

• Everyone is attracted to a newly painted house. Make sure to use minimal colors for your wall. It is best to use neutral colors to be on the safe side. Choose a color that compliments the furniture and appliances that you have. You may use white, beige, cream or light-hued yellow to give your house a bright and fresh appearance. White is a popular color as it is very versatile, clean and makes spaces appear larger. It also blends well with other colors.

Keep in mind what you want to see if you are to buy a house. Always consider what a buyer wants and what they are looking for in a home for sale.

What will make buyers fall in love with your home?

Turn your CT Waterfront Real Estate into a property buyers will love by following these 9 tips:

1. Get it “move-in ready”

It is important that the house you are selling is ready for occupancy. Any buyer would want to be able to transfer to the house they bought right away without any worries. We are living in a fast-paced era and most of us don’t have the time to repair a house.

Double check the interior and exterior of your premises. The property you are selling should be structurally healthy and pleasing to the eyes. Paint the walls anew and seal all cracks. This is the first thing that people see and it gives a good impression.

Keep things tidy and clean the entire premise. Replace all old and broken bulbs, check all cabinets, windows, and doors for loose screws and replace them with new ones. Don’t forget to check for any leaking pipes and faucets and replace them too.

2. Don’t forget the curb appeal.

First impression lasts. Your home’s exterior is the first thing a buyer sees, so make sure to give your curb appeal a boost. Painting is one of the cheapest and simplest things you can do to give your home a visual lift.

Keep your yard clean by trimming the plants and mowing the grass. Rerrange your potted plants and add more if needed. Repaint your front porch with something light and easy to the eyes to complement its sorroundings. 

3. Make the front door pop

When you want to draw the eyes of the buyer to the house, give the front door some love. Remember, it is the doorway to the residence so it deserves equal attention. A tired, weary-looking entrance will easily put off any potential buyer. Install a new one, if needed, but choose something that complements the design of the house. 

If your current door is still in excellent condition, upgrade it by polishing and repainting. Choose a color that complements your front porch. Old, rusty screws can also cause disappointment to buyers. Replace them with new ones.

4. Add visual space

Buyers love spacious homes. To make your home look bigger without physically adding any new space, you have to declutter.

Let go of things that you haven’t used in years. You can also make some money out of the things you don’t need anymore by setting up a yard sale. You can also donate and help others in need.

Keep the window side free from any clutter to allow light to pass through. Add lace curtains with light, neutral colors. It helps make the area look bigger.

Decluttering opens up space and lets in light into your house. It makes your home look bigger without physically adding any feet to it.

Clear your home. Keep it neat and tidy.

5. Update the kitchen

Many home buyers prefer updated appliances in the kitchen. Waterfront homes in CT are often used for entertainment and vacation. If possible, replace the old kitchen appliances to stainless steel ones. They do not have to be expensive. Look for some decently priced appliances at thrift stores or from sale items.

The cooking area is very important, especially for families. You will surely get some plus points from buyers if you have a nice kitchen.

6. Clean it

Nothing beats a clean house. When you put your property up for sale, don’t just settle for regular cleaning. Deep clean all areas of your residence to make it look spotless and smelling fresh. If you do not have time to do the cleaning on your own, you may consider hiring professional cleaners. 

7. Make sure you have a clear view.

Waterfront Homes in CT have the advantage of being right where the view is. Maximize this feature and ensure you get a great view of the waters in most places of the home.

Ensure that the windows facing the seaside stand out from the rest so that the attention of the buyers are directed to the beachfront. You can decorate it with attractive lace curtains. It would be a great idea to move the curtains on the side when buyers are in your house to allow the light to come in. Buyers should realize that they are able to enjoy the beauty of the beach from dusk until dawn.

8. Stage it

A staged home sells faster than an unstaged home. Staging a home is typical because it helps buyers get a feel of the lifestyle they will enjoy in the house.

Make a sketch of how you would like to stage your house. Arrange your furniture according to the look you want to achieve. Keep in mind the pointers above. Once you are done with the other tips, staging your home will be easier.

9. Price it right.

One of the most important things you can do to make your CT Waterfront Real Estate irresistible is to price it right. This is why you need the help of an experienced real estate agent. You need someone who knows the local market to ensure that your house’s potential is given importance.

An experienced local real estate agent also knows the value of local properties in the area so you can offer your house for sale at a competitive price.

When your home is in a great location, it gives you an edge over the other properties for sale. Spice it up with amazing features and amenities and its value will rise.  Plus, if you price it just right, buyers will recognize it as a good deal and your house will be sold in no time.

Need help in selling your CT waterfront property?

If you’re planning to sell your Waterfront Real Estate in CT and would like to know more about the selling process, call me, Deborah Laemmerhirt, at 203-994-4297. Let’s discuss how I can help you  make your home look its best and sell fast at the best price.

In case you cannot view this video here, please click the link below to view CT Waterfront Real Estate: 9 Tips to Attract Buyers on my YouTube channel: https://www.youtube.com/watch?v=hUnnkGbYX0s&index=10&t=0s&list=PLsSVjUfpUE5N4OMyAUePZlBIz_54lhHWQ 

HGTV’s Top Upgrades to Boost Your Waterfront Property Value

Considering a home sale

If you’re thinking of putting your Candlewood Lake home up for sale, renovating it can make a significant difference in its price.

But not all renovations boost sale price. Before you start buying supplies and contacting local contractors, step back and plan carefully. Some projects are more effective at increasing home value, while others are better left unadded.

Start by consulting your local real estate agent. He or she knows the best updates to sell your home for sale in Candlewood Lake CT.

Doing your due diligence and planning smartly can help you decide the best upgrades that will give a higher return on your investment.

Top upgrades to increase the equity of your Candlewood Lake home

HGTV shares several renovations that will both pay off and boost your home’s value.

1. Update the bathroom. You don’t have to spend a lot of money to improve the look of your bathroom. There are many simple upgrades you can do that will increase the comfort and style of your bathroom, as well as add equity to the home.

Here are some cost-effective updates for a minor bathroom remodel.

• Replace the toilet seat and lid instead of replacing the whole toilet unit.
• Updating the lighting fixtures to make the bathroom appear brighter.
• Replace a bathroom faucet.
• Apply a fresh coat of paint.
• Recaulk around the bathtub.
• Improve bathroom ventilation system.
• Replace broken or cracked floor tiles.
• Replace or install a new shower door.

2. Enhance the landscape. When you’re selling a home, the first impression is crucial. Buyers make up their mind in the first few seconds they’ve seen your home, so make the most of your home’s curb appeal.

Make sure that you have an attention-worthy landscape. It doesn’t have to be fancy, but it must have charm to create the impression that you take care of the house and your yard.

What are some things you can do to update your home’s landscape?

• Add color with perennials or seasonal flowering shrubs.
• Use one color and use plants with different heights to create dimension.
• Make sure your pathway is clean of any overgrown grass.
• A lush, beautiful lawn is inviting. Maintain your lawn by aerating, fertilizing, and weeding it.
• Adding a focal point like a winding flagstone walkway or a fountain.

Spending a little amount of money on your curb appeal will make the home look more appealing, which buyers will pay more for.

3. Give your kitchen a minor renovation. The kitchen is one of most well-used part of the home, especially if you are using your Candlewood lake home as the main home. 

These upgrades will not only add equity, it will also make the kitchen a favorite spot in the house.

• Adding recessed lighting and under cabinet lighting.
• If you have a more expensive house, replace your countertop with a stone or glass countertop.
• Cover your old vinyl floor with a floor leveler and install a second layer of vinyl floor. You’ll have great floors at a budget-friendly price.
• Paint the cabinets.
• Change drapes and window molding.
• Replace the lights to make the kitchen brighter.
• Replace any old appliances and switch to energy ones that will give your home buyer huge savings in the long run.

4. Exterior improvements. Did you know that vinyl siding replacement has a recoup rate of 95%, and a steel door replacement has an ROI of 91%?

Lakefront homes are beautiful, but they are also more exposed to harsh elements. The constant exposures easily damage the sidings, so check your sidings to see if it needs replacement.

Check out these other exterior improvements you can make.

• Create an inviting outdoor space like a deck, patio, or porch. 
• If you have a pergola or planning to install one, use load-bearing columns like fiberglass composite columns.
• Make the home look more modern by removing old awnings from doors and windows.

5. Renovate the basement. Increase your home footage by improving the basement. A finished basement is an additional living space and can be converted into a family room, an extra bedroom, a game room, or a home office.

6. Replace old windows. Showcasing your surroundings scenic beauty is important when you live in a waterfront home. Replacing your windows will help the views stand out even better. New windows also let natural light in much better, reducing the need to turn on electric lights which saves you from the additional cost.

Choose energy-efficient windows. These windows help seal the heat better, so you can enjoy the maximum use of your energy.

7. Upgrade your floors and walls. Painting your walls is the most cost-efficient way to upgrade and brighten up your living space.

If your carpet floors are already worn out, rip it up and check what’s underneath. You can also choose to replace your floor with hardwood, laminate or tile.

You can learn more updates here: https://www.hgtv.com/design/real-estate/top-home-updates-that-pay-off-pictures

Renovations are not cheap, so plan your updates well. If your Candlewood Lake home is well-maintained and structurally sound, the updates will only mean a few cosmetic changes.

Learn the best renovations for your home for sale in Candlewood Lake CT. Call me, Deborah Laemmerhirt, at 203-994-4297. Let’s discuss the best updates that will boost your home value.

In case you can not view this video here, please click the link below to view HGTV’s Top Upgrades to Boost Your Waterfront Property Value on my YouTube channel: https://www.youtube.com/watch?v=1aMRftqj3HE

Save the best home selling tips

Are you planning to sell your waterfront home soon? If you’re a first-time seller, you may want to stock up on home selling tips and tricks that you can use to sell your property.You may also want to lower your expectations on how soon the home will sell. Though many people love waterfront homes and the idea of owning a waterfront property is something many have been toying with for years, not all will want to buy nor can afford to buy one. Waterfront homes are considered “luxury homes” though many are in the affordable to moderate price range. That’s because lakefront homes are usually vacation homes, a place to escape during summer, or when you want to get away and take a break from all that’s going on in life.

To sell your waterfront homes in Connecticut successfully, you have to step up your game. 

Simply sticking a “For Sale” sign on the yard and advertising on newspaper and magazines are not enough. In today’s very competitive real estate market, you need to have a solid understanding of how to market your beachfront home.Here are the best tips that will help you sell your lakefront home soon and for the best price.

1. Price it right from the start. Your home’s listing price is vital. It is the determining factor of whether the house will sell or not. If you price it too high, your home will sit on the market until it most likely expires. Homes that remain unsold for months give the wrong impression to buyers. They might think that something is wrong with the home. This stigma will make it more difficult to sell.On the other hand, if you price it too low, you are leaving money on the table. As a seller, you would want to see your house value increase instead of decrease, and selling it at a super discounted price is saying you desperately wanted to get rid of the house.The key to right pricing is finding the sweet spot based on your research of the  comparative market analysis and your understanding of the local market. This can be difficult if it is your first time to sell a property, so it would be to your advantage to hire a seasoned local real estate agent. 2. Get help from an experienced local real estate agent. Notice that I said experienced and local. You need an agent who knows and specializes in selling waterfront homes. Though technically a real estate agent should be able to sell any property, selling is easier if you’re doing it for a specific niche, so there are agents for waterfront homes, luxury properties, single family homes, horse farms, etc. Find an agent who is seasoned in selling waterfront homes because he or she knows how to market your home best. They know who they’ll sell to, they know the waterfront lifestyle, they know what buyers want.Also, look for a local real estate agent. He or she is more familiar with the local market as well as the laws and special considerations.

You may also find this blog about CT Waterfront Real Estate intereting: https://www.ctluxurywaterfrontrealestate.com/?s=choose+Connecticut3. Boost the curb appeal! If you’re selling a waterfront home, don’t just think about how the front yard looks. There’s so much more to look at in a waterfront property. You also have to consider the viewing area and the view. What is the viewing area? Is it a deck or a patio? Can you see the view directly or is it partially obstructed by heavy foliage? What kind of view do you have? Are you looking at a beach, a lake, a river, or a pond?Is the area surrounding the water clean?These questions are just some of the things that will help you boost the curb appeal of your waterfront home. You have to remember that buyers are expecting a view, and that’s one you have to deliver. Maximizing the view by clearing out some of the overhanging branches and wildly grown shrubs to vastly improve the view.

4. Don’t forget to stage it! When buyers step inside a waterfront home, they expect to see an extension of the waterfront lifestyle in your home. That means there should be an outdoor living space like a deck or patio where you can enjoy the view.That means there should be a nautical theme or decor in the house.That means there should be plenty of blues, greens and grays in the house decor because these colors reflect their outside setting. That means doors and windows must be framed to showcase their views. These are a few of the many things you can do when staging so your home becomes more inviting and relaxing – the two things waterfront homes are known for. Make your home Instagram worthy! Your Realtor® will hire a professional photographer to take beautiful photos and videos of your home for marketing purposes. Your home should look impeccable and stunning in photos to easily catch a buyer’s attention.Knowing what to do and preparing a plan makes home selling easier. When you’re ready to sell your luxury waterfront home in Connecticut, call me, Deborah Laemmerhirt, at 203-994-4297. I offer a free home valuation and you are under no obligation to list with me.  I’ll be waiting for your call!

Click here to contact Deborah.

In case you can not view this video here, please click the link below to view How to Quickly Attract Buyers to Your Waterfront Home on my YouTube channel: https://www.youtube.com/watch?v=arasOCp7u-4

Luxury homes come in all shapes and sizes

Each luxury waterfront real estate in CT is as customized and different as its owners.

They vary in features, location, sizes, and style. It could be a 10-acre beach property on Westport, or a 5-acre riverfront property in New Hartford. It could be a 4-bedroom country home or a 7-bedroom English Cotswold manor.

One thing is for sure. Whatever features and amenities each home displays, easily matches that of a top-notch resort or five-star hotel. As a matter of fact, clients recognize it on sight.

The trending features buyers want

What are these features that make a waterfront property opulent?

Here are the six must-have amenities you can find in luxury waterfront mansions in Connecticut.

1. Exceptional views

One of the best-identifying features of a high-end real estate property is its views. The views alone can make a huge difference to the property’s purchase price.

Scenic views you can enjoy all day

Expect luxury homes in Connecticut to deliver breathtaking views of any kind of waterfront or of the verdant land.  

Known for its picturesque views and stunning vistas, Connecticut offers serene natural settings all throughout the year. It can’t get any better than that.

Want to learn more about what people say about Deborah: https://www.ctluxurywaterfrontrealestate.com/testimonials/

Click here.

2. Fully-automated homes

All home-buyers expect some sort of automation from the home they’ll buy. This is to be expected. After all, we are in the gadget generation, and home automation is one of the things we have easily incorporated into our lives.

Over the top automation

Luxury homes take automation to the next level. Expect a high end coastal real estate to be fully automated – security, lighting controls, temperature controls, entertainment and sounds management – everything is controlled by a touch on the system or on the phone or through voice recognition.

3. Gourmet Kitchen

At the heart of the home, the kitchen used to be a room to cook and prepare meals. Today, it is part of the entertaining space, so expect luxury waterfront homes to have spacious kitchens that can easily accommodate a group of people.

Granite, Carrara marble, Brazilian Blue Stone, and other semi-precious stones combined with quartz are among the most common countertops in these fancy homes.

A kitchen worthy to be shown off

Though homeowners rarely cook, ultra-luxury kitchens feature top of the line kitchen appliances, a wine fridge or cellar, warming drawers, and a walk-in pantry – everything that a chef needs to prepare for parties and catering. Some homes will even have multiple dishwashers, cappuccino-makers so you can make your favorite drink anytime, and wine pouring devices.

4. Spa bathrooms

What spells opulence better than a spa-resort bathroom? Million-dollar waterfront homes offer the experience of enjoying a luxurious bath every day.

Heated flooring, steam shower, rain shower head, double vanities, and jacuzzi tubs are all amenities that will make bath time a relaxing, pampering experience.

5.  Entertainment rooms and private gyms

Convenience right at your doorstep, that’s what luxury homes offer.

Why go to the trouble of driving to the movies when you can enjoy it at home? Or why waste time driving to the gym when you can hire a personal trainer and workout in your private gym?

Convenience at its finest

Private screening rooms are among the sought-after features of high-end homes, where the rich can enjoy an escape from reality in their comfortable seats and deluxe sound system. It’s not just for you. It’s for your guests as well, those who are seeking some time-out from their incredibly busy lives.

Private gyms are also among the in-demand features because of the convenience and time efficiency it offers.

Some properties have indoor basketball courts, others have indoor pools, and still, some have swanky bars, all designed for entertaining.

6. Indoor-outdoor living 

When it comes to indoor-outdoor living, expect all expensive coastal homes to feature indoor spaces that can easily transition to outdoor retreats with just a slide of a glass door or wall.

Luxury living like no other

Be it an outdoor kitchen, an outdoor living room or a cabana, such spaces provide an escape from the confines of the home and offer the best views while relaxing or entertaining.

From fire pits, koi ponds, to infinity pools and spacious paver patios with tastefully selected outdoor chairs, all these outdoor spaces add warmth and lend luxury homes an elegant yet cozy appeal.

Is luxury waterfront real estate in CT a good investment?

Waterfront property is a home that is located near a body of water such as a lake, river or ocean. Oftentimes, waterfront homes are sold at a higher price due to high demand but it is definitely a great investment.

Enjoy the scenic view of nature all the time

When you have a waterfront home, you also get to enjoy the great view that comes with it every day. Obviously, it is highly attractive to be able to enjoy the wonderful view of the ocean or the calm lake from your porch or kitchen rather than live in a neighborhood where houses are built side by side with little to no partition.

Live life to the fullest

When you have a waterfront property, it’s like you are on vacation all day. You have access to unlimited watersports and water activities anytime you want. If you want to own the equipment, it may be a bit costly. However, you have the option to rent.

A wise investment

Luxury waterfront real estate in Connecticut tends to keep their value even when there are changes in economic conditions and the environment. This only means you are investing your money in the right property. Should you need to sell your home in the future or have it rented out, you are sure to make a profit.

Waterfront properties are limited as they are limited to the length of the lake or the ocean. Having said that, the demand will always be there and there will always be interested buyers in case you want to sell your waterfront property in the future.

High-value property

Luxury waterfront properties rarely depreciate. Since there are a limited number of waterfront properties, there is always a demand. Even when housing prices go down due to economic issues, the price of waterfront homes is rarely affected.

A friendly community for the family

Also, waterfront home communities are generally social. Due to the vacation atmosphere waterfront communities radiate, they tend to have more community activities and celebrations. This is why waterfront homes are a great place to raise a family. Moreover, they are also near good schools most of the time.

What are the advantages of living near water?

A day at the beach, lake or river is definitely relaxing and rejuvenating. For most people, the peace and tranquility of the ocean and lakes make them happy and have positive effects on their mental health.

A natural energizer

When you feel low and your energy is down, a visit to the ocean or lake allows you to relax and recharge. There is something about the air near the ocean or lake that gives you that feeling of comfort and relaxation.

More water activities to enjoy

Living near the lake or the ocean allows you to do water activities whenever you feel like. There are countless water activities you can do such as waterboarding, kayaking, paddleboarding, sailing, waterskiing, fishing and many more. Doing such activities are not only fun, but they also help you stay in shape.

Better health

Waking up to the peaceful view of the ocean or lake is definitely a great way to start your day. A few minutes of walking on the seashore or the lakeshore in the morning helps keep your body active. Plus, you have a good reason to go out and enjoy the morning sun everyday.

Finding the motivation to stay active is a lot easier when you have a wonderful nature to look forward to. Also, getting out of your house more often gives you more opportunity to know your neighbors and the area where you live. 

Better sleep

Some say living near water makes them sleep better. No wonder those sleep collections or sounds always feature the sound of the ocean, flowing river, raindrops, and flowing water.

If you’re in the market for a luxury waterfront real estate in CT, you’ve come to the right place.

Call me, Deborah Laemmerhirt, at 203-994-4297. Let me help you find the luxury waterfront real estate in CT that you deserve to call home.

In case you can not view this video here, please click the link below to view What Are the Top Amenities for a Luxury Waterfront Real Estate in CT? on my YouTube channel: https://www.youtube.com/watch?v=rM8_sx0ie0M&feature=youtu.be

Click here to learn about Deborah.

Knowing your CT waterfront home’s worth

As a homeowner, you’re probably wondering how much your lakefront property is worth. After all, you’re still paying your monthly mortgage, and on top of that, the yearly property tax amount is quite hefty.

While you don’t have a precise amount of what your CT waterfront home could be worth, you know that a waterfront home is more expensive than a non-waterfront property. The view alone already adds a substantial amount to the property’s worth. As a premium property, you expect your home to have increased its value over the years you’ve owned it.

What is your home’s value?

While there are many ways to estimate your CT waterfront home value, the easiest way to know is by knowing how much a seller is willing to pay for it.

That may be well and good if you are selling your Connecticut lakefront property, but what if you want to know because you’re considering a home upgrade? Or if it’s a vacation home and you want to know because you want to use the home equity for a business loan?

Valuating a lakefront property is quite different from valuating a non-waterfront home. Many CT river homes for sale are already considered luxury properties, so it can be daunting to price. There are also many things to consider when valuating a home so you can get the pricing right.

Setting the right price can be tricky. Price it too high and it can sit on the market for a long time. Price it too low and you leave money on the table.

To know the value of your waterfront home in Connecticut, you need the help of a local fulltime real estate professional who specializes in waterfront properties, like me, Deborah Laemmerhirt. As a long time resident of Connecticut, I am familiar with the local estate market of each county, and have made it my mission to get to know everything there is about selling and buying waterfront properties.

Please visit https://CTLuxuryWaterfrontRealEstate.com/about/ to get to know me better.

Factors to consider in a home valuation

The CMA (Comparative Market Analysis) is one of the most commonly used tools in preparing a home’s valuation. It takes into account the comparables or recently sold properties in the area that are close in size and style to your home.

The sold listings have a large influence on your property’s price. It says how much buyers are willing to pay for the property.

Another consideration in preparing the CMA is the active listings. This is the list of currently available homes for sale in your area. It’s a great way to check how much your competition prices itself so you can adjust your pricing accordingly. 

Aside from these two, the following are few of the other considerations included in a valuation.

1. Location. Yes, it may be a waterfront property, but how far is it from the water? Is the water easily accessible? These are some of the questions that you must look at when thinking of location.

2. What type of waterfront is it? Connecticut has over 3,000 ponds, lakes, and reservoirs, not to mention 96 miles of coastline. What type of waterfront do you have? There is no particular price set to add to a specific waterfront, but its kind and size will have an impact on your property’s price.

3. Waterfront visibility. While your home may indeed be a waterfront, how visible is the waterline from the property? Do you have a clear, large frontage or is the view blocked by trees and undergrowth? Generally, the clearer and larger the frontage, the higher the price.

There are many things to factor in a valuation to get to the right listing price of your CT real estate waterfront property. 

Other factors that can affect the value of your home

Aside from the one’s mentioned above, there are other factors that can affect the value of your property.

A friendly, peaceful and clean neighborhood can greatly affect the value of your home. Remember, the value of your home is how much people would want to pay for it. Everyone is looking for a quiet place where they can relax, feel secured and live comfortably.

It is true that first impression lasts. Also, first impression greatly affects how people perceives your home. That is why it is important that you give enough attention to your curb appeal. 

Make sure that you trim your plants, pick out unwanted weeds, and clean any fallen leaves. Clean the exterior of your house and repaint it with neutral colors. Make sure that your house is not an eyesore. Make it as pleasant to the eyes as possible.

Of course, the size of your property will greatly affect the value of your house. How many rooms do you have? How many bathrooms? How big is the kitchen? Is there a separate dining area?

Speaking of location, most families looking for a new home wants a property that is near schools or at least where schools are easily accessible. In line with this, accessible public transport is also a plus.

Other factors to consider

There are other factors that can affect the value of your home which are out of your control. 

For instance, when the economy is going down, no one would want to spend that much for real estate. On another note, mortgage rates can also affect the mindset of the buyers. When the interest rate is too high, buyers will think that its going to be a great burden for them. After all, paying for mortgage is a huge financial commitment.

The time of the year also affects the value of your home. There are certain months when homes sell better compared to other months. If you are planning to sell your house and you want to know how much you can sell it for, it would be wise to choose the right time of the year. Usually, people would not want to move during the holidays or at the start of the school year. Therefore, if you want to sell your house for a higher value, you should avoid these times of the year.

Consider the demand and supply

Let us say you need to know the value of your home because you wanted to sell it in the future. The main objective is to get the highest value as possible. Now, the value of your home may also depend on the demand and supply during the time of selling. 

If there are a lot of competition in the market, you do not expect to raise the value of your house. If you really want to get a higher value for your home, you should wait until the demand increases. This means you should wait until the number of interested buyers increase and there are lesser homes for sale in the market.

Check your neighborhood

To find the approximate value of your home, you should consider checking the homes sold in and near your area. Check how much these properties were sold. By doing so, you will be able to estimate how much buyers are willing to pay for your house.

If you want to get a better idea of how much your home is worth, it is best to consult an expert real estate agent in your area. The real estate agent can help create an ideal price list for you by evaluating and analyzing all the factors mentioned above.

Other alternative

You may also check some free online tools to check the estimated value of your home.

These online tools usually make use of free public records such as the type of home, when the home was built, number of rooms, bedrooms and bathrooms, square footage of the home and the lot, heating and cooling systems, number of parking spots and how much the previous owner/s paid for the house.

Although these online tools can help you get an estimate of the value of your home, they are not accurate. This is because they only depend on how much public records are available on the internet.

To ensure that you get a more accurate value for your home, it is best to check with an experienced real estate agent. Discuss the following questions with your agent:

Is my house value trending up or down?

Compared to other houses for sale in the neighborhood or zip code, how does my home value cmpare to them?

How does my home value compare to other houses for sale in other zip codes near my neighborhood?

What is the present market temperature? Is it a hot time to sell or a cold time to sell?

These information will help your real estate agent to set the right price for your home in case you want to sell in the future.

Are you ready to have your property assessed? 

Call me, Deborah Laemmerhirt, at 203-994-4297. As one of Connecticut’s preeminent waterfront real estate professionals, let me help find out your home’s value.

In case you cannot view this video here, please click the link below to view CT Waterfront Home Value on my YouTube channel: https://youtu.be/cChvTYiBpy4

Want to connect with Deborah? Click Here