Christine Lelond Your Home Expert

(306) 230-5220
Blogs
Posts By Date
Categories

 If you own a car, you know there’s more to the cost-of-ownership than just finance payments and gas. You also need to budget for maintenance and repairs. If your car is older, those costs are going to be higher. That’s just common sense.

 

The same is true of your home. It’s wise to budget for anticipated repairs and maintenance. Otherwise, you might be caught by surprise when you find that your furnace stops working and needs to be replaced. That can easily be a four-figure expense.

 

Experts recommend that you set aside 1% of the value of your home for repairs and maintenance. For a $500,000 property, for example, that would be $5,000. That is, of course, merely a rule of thumb. If your home is older, you may need to budget more.

 

Another recommended method is to budget $1 a square foot. If you have a 2,500 square foot home, that would be a budget of $2,500. Again, that number would need to be higher for older properties.

 

When budgeting, consider things that are getting old and will likely need to be replaced within the next three years. Examples include roof shingles, furnace, A/C unit, deck, fence, plumbing, and windows. Depending on the size and model, a new A/C unit will cost at least $5,000. Anticipating that expense will help you plan accordingly and avoid the shock of an unpleasant and costly surprise.

 

Keep in mind that budgeting $2,000 for repairs and maintenance doesn’t mean you’ll actually spend that money this year. But, if needed, the budget will be there, and that’s peace-of-mind

Read full post

There are many reasons why you may need to sell your home quickly: a sudden job relocation; a change in family situation; or perhaps an opportunity to purchase a new home that you just can’t pass up.

 

Whatever the reason, this strategy will help when you need to sell fast. It’s called the “3 Up” strategy.

 

• Fix it up.

• Clean it up.

• Spruce it up.

 

First, you need to fix it up. That simply means getting things repaired around your property, such as a broken floor tile in the kitchen or a sticking patio door that’s difficult to open and close. Maintenance issues like these distract buyers from the appealing qualities of your home. Fortunately, repairs can usually be done quickly.

 

Second, clean it up. Obviously, when your home is clean and tidy it’s going to look its best. You also want to eliminate as much clutter as possible. You don’t need to make every room look like a magazine cover — but that’s a good attitude to have when prepping your home for a quick sale!

 

Finally, spruce it up. That means making any quick improvements that are going to make your home even more appealing. It might mean replacing the kitchen counters or giving the main rooms a fresh coat of paint.

 

Of course, the number one strategy for getting that SOLD sign on your front yard is to select a great REALTOR®.

 

Looking for a great REALTOR®?  Call today.

Read full post
Categories:   Avalon, Saskatoon Area 02 Real Estate | Caswell Hill, Saskatoon Area 04 Real Estate | Caswell Hill, Saskatoon Real Estate | Confederation Park, Saskatoon Area 05 Real Estate | Confederation Park, Saskatoon Real Estate | Corman Park, Saskatoon NW Real Estate | Cudworth, Saskatoon NE Real Estate | Delisle, Saskatoon SW Real Estate | Dundonald, Saskatoon Area 05 Real Estate | East College Park, Saskatoon Area 01 Real Estate | Eastview, Saskatoon Area 02 Real Estate | Exhibition, Saskatoon Area 02 Real Estate | Fairhaven, Saskatoon Real Estate | Forest Grove, Saskatoon Area 01 Real Estate | Lakeview SA, Saskatoon Real Estate | Lakeview, Saskatoon Area 01 Real Estate | Lawson Heights, Saskatoon Real Estate | Martensville Real Estate | Massey Place, Saskatoon Area 05 Real Estate | Mayfair, Saskatoon Area 04 Real Estate | Meadow Green, Saskatoon Area 04 Real Estate | Montgomery Place, Saskatoon Area 05 Real Estate | Mount Royal SA, Saskatoon Real Estate | Mount Royal, Saskatoon Area 04 Real Estate | North Park, Saskatoon Area 03 Real Estate | North Park, Saskatoon Real Estate | Nutana S.C., Saskatoon Area 02 Real Estate | Nutana, Saskatoon Area 02 Real Estate | Nutana, Saskatoon Real Estate | Osler Real Estate | Pacific Heights, Saskatoon Area 05 Real Estate | Parkridge, Saskatoon Area 05 Real Estate | Pleasant Hill, Saskatoon Area 04 Real Estate | Prud'homme Real Estate | Prud'Homme, Saskatoon NE Real Estate | Sarilia Country Estates Real Estate | Saskatoon Real Estate | Silverspring, Saskatoon Area 01 Real Estate | Silverwood Heights, Saskatoon Area 03 Real Estate | Stonebridge, Saskatoon Area 02 Real Estate | Warman Real Estate | Warman, Saskatoon NW Real Estate | West College Park, Saskatoon Area 01 Real Estate | Westview Heights, Saskatoon Area 05 Real Estate
The Saskatchewan REALTORS® Association (SRA) (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.