Selling • March 11, 2026

The Pitfalls of Overpricing Your Home

by Windermere MI

When a homeowner prepares to put their house up for sale, two things are usually top of mind: how long will it take to sell and how much can we get for it. During a seller’s market, when stories of bidding wars and cash offers abound, it can be tempting to put as high a price tag on your home as possible. But even when the market favors sellers, overpricing your home can jeopardize your efforts to sell quickly and get top dollar.

Missing Your Market

The vast majority of homebuyers start their search online, and the first criteria they often enter is the price range. If your home is above the high point of their range, buyers in your target market will never even see your listing—it simply won’t show up in their searches. In addition, it’s human nature to go after the top item in a collection. Buyers want the most house they can get within their budget. This means you want to be the best house compared to those in your price range, rather than among the bottom compared to those in a more expensive bracket.

Key takeaway: You want to shine against your competition, not pale by comparison

Playing the Numbers

Selling a home is a numbers game: the more potential buyers, the greater chance of an offer. Overpriced homes get fewer showings, both in person and online. Your agent will tell you that showings are critical to capturing the interest of buyers, but if the home is overpriced, they will have difficulty attracting attention to your home. This can slow the entire home selling process, leaving both you and your agent feeling frustrated.

Key takeaway: More showings = more offers.

Going Stale

It’s also human nature to be drawn to what’s new, the bright, shiny object, as the saying goes. New listings attract the most attention—that’s when buyer interest is highest. The longer your home is on the market, the less appealing it becomes. And at a certain point, you may be forced to lower the price. Many buyers and their agents will assume the reason the house has been on the market so long, and why you had to lower the price, is because there is something wrong with it. Once the price drops begin, they can continue, which creates the risk of selling your home for less than what it is worth.

In addition, the longer your home is on the market, the more expenses you incur. Mortgage payments, utilities costs, and seller’s fees will continue to pile up, making it harder to recover from these costs when your home does eventually sell.

Key takeaway: Be the bright, shiny object.

Losing at the Last Minute

Let’s say you do find a buyer at the overpriced cost. During closing, the lender will order an appraisal of your home. If the appraiser finds that the market value of the home is less than the selling price, they could deny financing. If that happens and you are forced to put the house back on the market, buyers’ agents will be able to see that it’s a relisting, could assume something is wrong with the house and share those concerns with their client.

Key takeaway: Be realistic about value.

Want an accurate idea of your home’s value in the current market? I can provide you with a Competitive Market Analysis (CMA). Unlike automated home value calculators, I take into account recent market trends, unique home features, competing properties, and your home’s overall marketability.

Adapted from an article that originally appeared on the Windermere blog August 5^th, 2024.

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative, and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

Living • February 20, 2026

5 Home Design Trends for 2026

by Windermere MI

In looking ahead at interior trends for this year, it’s clear that 2026 is all about the vibes. Creating warm, genuine spaces that reflect your individual lifestyle and create a mood is much more “in” than passing fads that rely on strict aesthetic rules. Rich colors, handmade textures, and grandma-inspired patterns are infusing into rooms once prized for their understated minimalism. Here are five trends to try incorporating into your home…

Rich, Moody Colors

Warmer, nature-inspired colors continue to dominate the palette but are moving deeper and more saturated. In looking at the top colors of the year chosen by leading paint brands, earthy and nostalgic tones such as chocolate brown, burgundy, and khaki all make a prominent appearance. Moss and blue-greens also continue their popularity. On the lighter end of the spectrum, the neon pinks, blues, and greens that peaked in 2024 have now all softened into powdery pastels. Mauve is also making a comeback.

The monochromatic tonal trend is also shifting toward “atmospheric color,” where varying but closely related hues are carried across walls, furniture, and textiles to set a certain mood. It could be energetic reds and oranges for a fitness room; soothing pastels for a bedroom; or rich browns and plums for a comforting study. “Color drenching” takes it one step further by carrying a single bold shade or pattern across walls, ceilings, draperies, and trim. For inspiration, draw from the color families in Sherwin-Williams’ Colormix 2026 forecast.

“Grandmillennial” Style

Continuing on the trajectory of comforting, nostalgic interiors, this movement revives the old-school design fads that millennials fondly remember from grandma’s house. Rather than stiff, polished traditionalism, however, this new take is quirky and deeply personal. Vintage floral patterns are mixed together and layered throughout upholstery, rugs, draperies, and, pillows…perhaps with some skirted chairs, shapely wooden arms/legs, ruffles, buttons, cording, or tassels thrown in. Personal mementos and thrift store finds like mismatched antique furniture, classic art, and stained glass lighting further the lived-in feel (and are a sustainable source of style). Modern touches mixed in keep the room feeling coordinated rather than chaotic…you can also try sticking to a color family repeated throughout the room, and having a base of neutral solids.

Small Moment Spaces

While the closed room layouts of the 90s have remained solidly out of style, designers are finding ways to reclaim dedicated spaces within the open layout. This can be done through niches, soft partitions like curtains, or pocket doors. Think cozy reading nooks; highly decorated “jewel box” seating niches layered with sumptuous colors and textiles; built-in desks or bookshelves at the end of the hallways; and semi-separated bedroom sitting areas reminiscent of a boutique hotel room.

The Fifth (and Sixth) Walls

Where accent walls were once all the rage, we’re now seeing accent ceilings take their place. Bold colors, hand-painted frescoes, and even wallpaper overhead add immediate interest to a room. Floors are following in their wake with bold patterned tiles or rugs adding yet another dimension of variety. Try this in a small space like a hallway, bathroom, or bedroom. Box ceilings can also make a fun canvas for accent colors. Not quite ready to take the plunge? “Color capping” is a more subtle version of this trend with colors gradually deepening toward the ceiling, which is painted a slightly darker shade of the same wall hue.

Personal Retreats

Wellness and relaxation have remained priorities for homeowners in the years following the pandemic, and now we’re seeing a rise in private sanctuaries that go beyond (or complement) the basic home gym. These can be anything from pocket size meditation rooms to spa-like recovery rooms complete with saunas and cold plunge pools. Clean, warm wood finishes and natural light are often utilized to create a biophilic sense of calm.

Curious about how to incorporate the latest home trends before you sell? Our agents see the latest home styles every day. Reach out for advice!

Selling • February 9, 2026

Strategic Investments to Boost Value & Curb Appeal

by Windermere MI

Strategic Investments to Boost Your Home's Value

When it’s time to sell your home, one of the biggest questions is how to make it as appealing as possible to today’s buyers. While market conditions, location, and timing all play a role, the updates you choose before listing can make a meaningful difference in both your selling price and how quickly your home goes under contract. The key is knowing where to invest your time and money. Not every project pays off, but some smart upgrades can give your home a competitive edge, help it stand out in online listings, and create the kind of first impression that gets buyers excited.

Here are some of the most impactful ways to invest in your home before putting it on the market.

Fresh Paint and a Neutral Palette

Few improvements have a more substantial return on investment than paint. A fresh coat instantly refreshes a space, making it feel clean, updated, and well-maintained. In fact, a recent report¹ by the National Association of REALTORS^® found that painting is the #1 project agents recommend sellers do before selling.

Neutral tones for interiors, such as light beige, soft grays, and crisp whites, appeal to the broadest audience and allow buyers to envision their own style in the home. Check out the Sherwin-Williams Colormix Forecast 2026 for some up and coming hues (and opt for the lightest shades). It’s crucial not to overlook trim, doors, and even ceilings, as these small details help create a polished, move-in-ready feel. And if your front door could use a pop of personality, consider a bold, welcoming color that complements the rest of the exterior.

Curb Appeal That Counts

Buyers often form an impression before they even step inside. Landscaping, exterior lighting, and simple maintenance go a long way toward making your home inviting. Think trimmed hedges, fresh mulch, pressure-washed walkways, and a tidy lawn. It’s also smart to ensure outdoor areas are safe, from repairing uneven paths to addressing any obvious hazards. Here is a printable checklist so you don’t miss anything.

Adding planters with seasonal flowers, updating house numbers, or swapping out an old mailbox can elevate your home’s appearance without requiring a significant investment. For buyers scrolling through listings, that curbside charm can be a deciding factor that gets them to schedule a showing.

According to the latest Cost vs. Value report for Seattle², exterior curb appeal investments such as a basic new front door or garage doors can net you a profit when it’s time to sell:

Kitchen and Bathroom Touch-Ups

Kitchens and bathrooms continue to be high priorities for buyers, but you don’t need to take on a full remodel to make an impact. Small upgrades like replacing outdated cabinet hardware, installing new light fixtures, or swapping in modern faucets can transform the look of these spaces.

In the kitchen, consider updating your backsplash with a clean, timeless tile or refreshing worn countertops with a durable surface. In bathrooms, re-grouting tile, caulking any cracks, replacing mirrors, or updating vanities are simple ways to modernize without overspending.

The Cost vs. Value report² also found that the kitchen can be a smart place to invest in a minor remodel of surfaces and newer mid-priced appliances and fixtures. In the Seattle area, a minor remodel is estimated to recoup 118% of its cost when you sell.

Flooring Matters

Floors are often one of the first things buyers notice when touring a home. If your carpets are worn or stained, professional cleaning or even replacement can make a big difference. Hardwood floors are especially appealing and refinishing them is often more cost-effective than replacing them.

For areas where replacement makes the most sense, consider durable and stylish options like engineered wood or luxury vinyl plank. Consistent flooring throughout the main living areas can also help a home feel more spacious and cohesive.

Energy-Efficient Features

Today’s buyers are increasingly focused on efficiency and sustainability. Investments like LED lighting, programmable thermostats, and updated appliances not only lower utility bills but also signal to buyers that the home is modern and thoughtfully maintained.

If your budget allows, new windows or improved insulation can add value while appealing to environmentally conscious buyers. Highlighting these upgrades in your listing helps showcase both comfort and cost savings.

Decluttering and Staging

Sometimes the most impactful upgrade isn’t about new finishes, it’s about presentation. Decluttering each room, minimizing personal items, and rearranging furniture to optimize space can dramatically change how buyers perceive your home. Here’s a printable checklist to help. And the best part? It’s completely free.

Professional staging takes this one step further, creating a warm and welcoming atmosphere that helps buyers envision living in the space—it can also help your home sell faster and for more money according to a 2025 report³. Even small touches, like fresh flowers, cozy throws, and well-placed artwork, can make your home feel more stylish, comfortable, and truly move-in ready.

Making Smart Choices

The goal of any pre-sale investment is to spend strategically, choosing projects that increase appeal without overextending your budget. You can also refer to this article on what NOT to do.

As a Windermere agent, I’m an expert at helping sellers decide which upgrades matter most. From recommending paint colors to connecting you with trusted contractors, I’m here to make sure you get the best return on your investment. Through our Windermere Ready program, we can even front the cost of improvements like painting, landscaping, cleaning, and staging so your home shines its brightest when it hits the market. With concierge-level service and no payments due until closing, it’s a simple way to maximize your home’s value and sell faster.

Connect with me today to learn more about how I can help you prepare your home for the market with confidence:

Adapted from an article that originally appeared on the Windermere blog October 1, 2025.

¹Copyright ©2025 “2025 Remodeling Impact Report.” NATIONAL ASSOCIATION OF REALTORS®. All rights reserved. April 9, 2025, https://www.nar.realtor/sites/default/files/2025-04/2025-remodeling-impact-report_04-09-2025.pdf.

³https://www.nar.realtor/newsroom/nar-report-reveals-home-staging-boosts-sale-prices-and-reduces-time-on-market

Buying • September 9, 2025

Renting vs Buying: Which is Better for You?

by Windermere MI

Knowing whether it’s the right time to rent or buy depends on your buying power, what you’re looking for in a home, your local market conditions, your plans for you and your household, and the responsibilities you’re prepared to take on at your residence.

Renting gives you greater flexibility to relocate, fewer home maintenance responsibilities, and can often be more the more affordable option, depending on where you live. The extra costs associated with owning a home—interest payments, taxes, repairs—may be too much for some renters to handle.

Becoming a homeowner also has its advantages. From a financial standpoint, owning is usually better than renting in the long term—it allows you to build wealth as your property gains equity; your monthly payments are stable and actually become more affordable over time relative to your income; and some of the costs may be deductible at tax time. From a lifestyle standpoint, owning also affords you greater freedom to customize your living space.

Ultimately, the right decision depends on your situation. If you don’t plan to be living in the same place for at least five years, renting might be more logical, as it allows you more flexibility when it comes time to move again. If you’re looking to settle down for the better part of a decade or longer and can afford to buy a home, becoming a homeowner may be the better option. Here are a few additional considerations to guide your renting-versus-buying decision making process.

What are the local real estate market conditions?

Investigate the local sales and rental markets to get an idea of both typical home prices and the average monthly payment for a rental. When comparing housing costs, be sure to base your evaluation on what’s happening in your city and neighborhood, not the nationwide averages. I track these stats regularly, so feel free to contact me for an accurate update on prices in your neighborhood.

For a quarterly breakdown of local market conditions in the Seattle area, explore my Market Review page. Each report breaks down the latest figures in home sales, home prices, and days on market for regions throughout Seattle and the Eastside. They also include helpful insights and data analysis.

What can you afford?

Making the jump from renter to homeowner is often a question of affordability. Your mortgage rate will depend on your financial strength, your credit score, and other factors, so make sure to talk to a loan officer before you start looking for a home. Getting pre-approved for a mortgage will identify what you’re able to afford and helps strengthen your offer when the time comes.

To get an idea of what you can afford, try these Financial Calculators. You can estimate your monthly payment for any listing price/mortgage terms to get a well-informed picture of whether it’s the right time to buy.

Will you need to make repairs to your new home?

Buying a fixer-upper may seem like a great way to get a deal on a house, but if the money you spend on the repairs is too great, your profit could be diminished when it comes time to sell. The same is true for remodeling and improvement projects. There are various renovation financing loans available to you that can help with the costs of home repairs, though extra consultations, inspections, and appraisals are often required in the process of securing these loans. Ultimately, if you can only afford a home that demands major improvements, and you don’t have the skills to do much of the work yourself, you may be better off renting.

Can you rent part of the house you’re buying?

If you buy a house with rental-capable space (extra bedroom, mother-in-law unit, etc.), you could use the rental income to pay off your mortgage faster and contribute more to your savings. But, of course, you need to be willing to share your home with a tenant and take on the responsibilities of being a landlord or working with a professional property manager to help you with those duties. Renting out a space in your home will also require you to purchase landlord insurance on top of your existing homeowners insurance policy.

Making Your Decision to Rent or Buy

At the end of the day, the decision is up to you. Based on the conditions laid out above, it simply may not be the right time for you to buy. Fortunately, when it comes to being a homeowner, it’s not now or never. I’m happy to be your resource in gauging whether it’s the right time to buy and guiding you through the process toward homeownership. To get started, connect with me today.

Adapted from an article that originally appeared on the Windermere blog April 11, 2022.

Living • Selling • June 20, 2025

Remodeling Impact Report: Projects That Bring Joy & ROI

by Windermere MI

Is your home ready for a refresh? Whether it’s for their own enjoyment or to prep their houses for sale, Americans are investing more and more money into remodeling each year. According to a recent report by the National Association of REALTORS® (NAR), the demand for top-condition homes is going up among buyers as well. So which projects will get you the most bang for your buck? Or, perhaps more importantly, which projects will bring you the most joy? Here’s what the Remodeling Impact Report revealed…

Projects That Boost Your Happiness

It’s easy to think about improvements in terms of monetary value…but what about the value of enjoyment and enhanced livability? As part of their report, NAR calculated a “Joy Score” for common remodeling projects based on the happiness homeowners reported with their renovations. Three projects stood out with perfect joy scores: adding a primary bedroom suite, upgrading the kitchen, and replacing roofing. Here are the projects with the highest joy scores:

Projects That Help Pay for Themselves

As a bonus to bringing you joy, many projects will also pay you back for at least a portion of their cost when it’s time to sell your home. Projects that increase your home’s curb appeal tend to bring you the highest return on investment (ROI), although closet renovation snuck in as a surprise gem:

What If You’re Remodeling to Sell?

In virtually any real estate market, a home that feels fresh, clean, modern, and move-in ready will always sell faster and for more money than its dated counterpart. This isn’t always tangible in the ROI studies but, as agents, we see it every day. The good news is that the updates you make to sell are often more cosmetic and less expensive than the upgrades you might make if you were planning to stay in the home forever (pssst…check out this article on remodeling projects you should avoid if you’re selling your home).

The two charts below show both the projects REALTORS® most often recommend sellers do before selling, and five projects we’ve seen increased demand for from buyers:

It’s critical to understand that every home, neighborhood, and situation is different. Your home’s unique characteristics and your personal goals as a homeowner will have more impact on which remodeling projects are best for you than any of these general trends. If you’re remodeling to sell, reach out for advice; I’m happy to help you choose the right projects—and avoid the wrong ones—to help you accomplish your objectives.

Data & charts copyright ©2025 “2025 Remodeling Impact Report.” NATIONAL ASSOCIATION OF REALTORS®. All rights reserved. Reprinted with permission. April 9, 2025, https://www.nar.realtor/sites/default/files/2025-04/2025-remodeling-impact-report_04-09-2025.pdf.

Buying • Selling • March 17, 2025

Is Downsizing Right for You? Here’s How to Decide

by Windermere MI

Choosing to downsize is more than just moving into a smaller space, it’s about curating a simpler lifestyle that fits your current needs. Whether you’re retiring, looking for an eco-friendly, low-maintenance home, or wanting a fresh start after your children have moved away, downsizing might be the best option for you. Before making the move, here’s everything to consider.

Why Downsizing Could Be the Right Choice

Increased Cash Flow & More Financial Flexibility

Downsizing can offer significant financial benefits, starting with a smaller mortgage, which frees up extra cash for other needs or desires. Home insurance costs also tend to be lower, as the size of the home typically influences insurance premiums. Downsizing to less square footage can also lower property tax bills. Finally, a smaller home also leads to decreased utility bills, as the cost of heating and cooling a smaller home requires less energy expenditure.

More Time, Less Maintenance & Stress

Bigger homes call for more maintenance. Downsizing can help cut down time spent on household chores such as cleaning and vacuuming, which will give you more hours to do something more enjoyable. Homeowners who have successfully downsized often feel happier because they are no longer overwhelmed by the demands of a larger home. Less responsibility, less housework, increased cash flow, and flexibility equals reduced stress.

A Greener Lifestyle

After downsizing, homeowners commonly buy less since they don’t necessarily have the room for it. Reduced consumption not only leads to a more minimalist lifestyle but also cuts down on waste. Less waste plus less energy expended to heat and cool the space means a smaller environmental footprint and keeps your home green.

What You Might Miss When Downsizing

While moving into a smaller space has benefits, there are trade-offs to consider. A smaller home means less storage space, meaning you’ll need to give away or donate furniture, books, kitchen supplies, and other belongings that may not fit. Less space and fewer rooms can also make the home feel cramped, especially if you’re a long-term homeowner used to larger square footage.

Remote work may also become more challenging in a downsized home. Finding a quiet, dedicated workspace can be difficult, and close quarters may make it harder to stay productive. Additionally, hosting overnight guests or bigger holiday dinners might be out of the question for a smaller home. Adjusting to a downsized lifestyle can take time for those accustomed to more space, requiring new habits and a fresh approach.

Questions to Ask Before Making the Move

Before downsizing, it’s crucial to reflect on how less space in your home will impact your lifestyle. Think about your attachment to your current home’s size. Do you need extra rooms for guests or a second bathroom for convenience? Will moving into a smaller home feel too much like a step backward? Or will it bring the sense of freedom and simplicity you’ve been looking for? Ask yourself these important questions to ensure you’re making the right choice:

What are my must-haves in a smaller home? Think about what you might miss from a more spacious home, or factors like location, accessibility, and storage solutions.

How will my daily routine change? Consider how a smaller space might impact your hobbies, work setup, or ability to entertain.

Does this move align with my long-term plans? Imagine the next 5, 10, or even 20 years, and start to question if a smaller home meets your future needs.

How much will it cost to downsize? Factor in moving expenses, costs associated with selling, new furniture purchases, and the amount it will cost to store or sell belongings you no longer have space for.

What will I do with sentimental or bulky items? Consider whether you’ll keep, donate, sell, or store them, and how much space you’re willing to dedicate to cherished belongings.

If you believe downsizing is the right option and are ready for the next step, you’re probably asking yourself, “Should I sell first or buy first?” When you’re prepared to discuss your options, reach out to me for expert advice:

This article originally appeared on the Windermere Blog.

Selling • November 7, 2024

Selling Your Home: 5 Common Myths

by Windermere MI

Selling your home is a crash course in real estate education. My clients learn a LOT as we work together to find a buyer and sell at the right price. As you prepare to sell, it’s important to remember that that not everything you’ve heard is true. There are several common myths that can lead to costly mistakes in the selling process. Knowing the truth behind them will clarify your selling journey and help you align your expectations…

Myth 1: Home Value Calculators Are 100% Accurate

Online Automated Valuation Models (AVMs) are a great starting point for understanding how much your home could be worth. However, they are merely a first step in determining home value; to say they are 100% accurate is a myth. When it comes to pricing your home, you need to rely on a true Comparative Market Analysis (CMA), which uses vast amounts of historical and current data on real estate listings to arrive at an accurate and competitive figure.

To get an estimate of how much your home is worth, try our Home Worth Calculator here:

Myth 2: Selling FSBO Will Save You Money

Selling a home requires an intimate knowledge of the housing industry and how to solve the complex situations that arise throughout a real estate transaction. Despite this, some sellers will go it alone and attempt to sell their property without being represented by an agent.

Selling For Sale by Owner (FSBO) is a risky proposition. It requires the seller to bear added liability, fills their schedule with various marketing and promotional responsibilities, and can leave money on the table by inaccurately pricing the property, causing it to sit on the market for too long. The potential costs of selling a home on your own far outweigh the commission real estate agents earn on a home sale.

Myth 3: You Must Remodel to Sell Your Home

The question you’ll face when preparing to sell your home is whether to sell as is or remodel. The answer usually lies somewhere in between, but it depends on your situation and what kinds of home upgrades are driving buyer interest locally. When making improvements to your home, lean toward high ROI remodeling projects to get the best bang for your buck, and avoid trendy projects that can delay listing your home. If you’re considering major upscale renovations, talk to me about which projects buyers in your area are looking for.

Myth 4: Never Accept the First Offer

You’ve likely heard tell that the first buyer’s offer is nothing more than a springboard to up your asking price and to never accept it. In this case, “never” should be approached with caution. In reality, the best offer for your home is one that you and your listing agent have discussed that aligns with your goals. If a matching offer happens to be the first one that comes your way, so be it. The market can shift at any time, so you never know what may happen if you leave an offer on the table. And if the buyer backs out of the deal, you and your agent will find a path forward.

Common Real Estate Contingencies

Myth 5: Home Staging Doesn’t Make a Big Difference

Staging your home is so much more than a cosmetic touch-up; it has been proven to help sell homes faster and at a higher price than non-staged homes.¹Staging ensures that your home has universal appeal, which attracts the widest possible pool of potential buyers. When buyers are able to easily imagine living in your home, they become more connected to the property. You should stage your home regardless of your local market conditions, but it can be especially helpful in competitive markets with limited inventory where even the slightest edge can make all the difference for sellers.

Now that you know some of the most common myths in the selling process, get to know its truths. Connect with me to get the process started:

1: National Association of REALTORS® – Why Home Staging Inspires the Best Prices in Any Housing Market

This article originally appeared on the Windermere Blog, written by: Sandy Dodge.

Real Estate • September 12, 2024

Buying a Fixer-Upper

by Windermere MI

For some homebuyers, a fixer-upper is their idea of a dream home. However, the process of buying a fixer-upper comes with additional responsibilities compared to properties in better condition or new construction homes. Preparing for the process comes down to creating a remodeling plan, knowing what to look for when searching for listings, and understanding what financing options are available.

Home Buying Guide – Preparing to Buy a House

Planning for a Fixer-Upper

Fixer-uppers require a future-oriented mindset. Knowing the magnitude of the projects you and your household are willing to take on will help to form your budget and your expectations as time goes on. With some basic cost analysis for any given project, you’ll have to decide whether it’s worth it to buy the materials yourself and do it DIY or hire a professional. When testing the waters for professional remodeling, get specific quotes so you can compare costs between contractors. Understand that in addition to the down payment and closing fees, the costs involved in a fixer-upper purchase have the potential to go over-budget easily. Familiarize yourself with permitting in your area to understand how to navigate any legal roadblocks in the renovation process and to better assess your timeline for your home improvement projects.

Searching For a Fixer-Upper

Location: Whether you are purchasing a fixer-upper with plans to sell it, rent it out, or live in it, consider its location before purchasing. If you’re planning on selling or renting, location is one of the most important factors in making a return on your investment. And if you’re planning to live in your fixer-upper, keep in mind that location will be a large part of your experience in the home. If you’re looking to sell eventually, talk to your agent to identify high ROI remodeling projects that will pique buyer interest in your area.
Scope of Renovation: If you are looking for a smaller scale renovation, look for listings that require cosmetic projects like new interior and exterior paint, fresh carpeting and flooring, appliance upgrades, and basic landscaping maintenance. More expensive and involved projects include re-roofing, replacing plumbing and sewer lines, replacing HVAC systems, and full-scale room remodels.
- Hiring a Contractor for Your Remodel

Inspections: Beyond a standard home inspection, which covers components of the home like its plumbing and foundation, consider specialized inspections for pests, roof certifications, and engineering reports. This will help differentiate between the property’s minor flaws and critical problems, further informing your decision when it comes time to prepare an offer.
- How do I make an offer on a house?

Financing Options

You’ll be looking at different types of mortgages when buying a fixer-upper, but keep in mind that renovation loans specifically allow buyers to finance the home and the improvements to the property together. Extra consultations, inspections, and appraisals are often required in the loan process, but they help guide the work and resulting home value. Talk with your lender about which option is best for you.

FHA 203(k): The Federal Housing Administration’s (FHA) 203(k) loans can be used for most projects in the process of fixing up a home. In comparison to conventional mortgages, they may accept lower incomes and credit scores for qualified borrowers.
VA renovation loan: With this loan, the home improvement costs are combined into the loan amount for the home purchase. Contractors employed in any renovations must be VA-approved and appraisers involved in the appraisal process must be VA-certified.
HomeStyle Loan – Fannie Mae: The HomeStyle Renovation Loan can be used by buyers purchasing a fixer-upper, or by homeowners refinancing their homes to cover the improvements. This loan also allows for luxury projects, such as pools and landscaping.
CHOICERenovation Loan – Freddie Mac: This renovation mortgage is guaranteed through Freddie Mac, allowing projects that bolster a home’s ability to withstand natural disasters or repair damage caused by a past disaster.

If you’re interested in buying a fixer-upper, connect with me – I can help you understand the process and to discuss what makes the most sense for you.

This article originally appeared on the Windermere Blog, written by: Sandy Dodge.

Selling • August 20, 2024

Understanding Contingent Offers: A Seller’s Guide

by Windermere MI

With the market shifting toward balance between buyers & sellers, “contingent” is a word sellers will be seeing more of. It’s important to understand the difference between a “contingent offer” and one with “contingencies.” Contingent offers allow the buyer time to sell their current home first before they complete the purchase. On the other hand, an offer with contingencies allows the buyer to cancel the contract with a full earnest money refund if the specified conditions aren’t met—often a satisfactory home inspection or the ability to obtain financing.

This may feel a bit like buyers want to have their cake and eat it too, but every homeowner can understand the desire to protect their investment before fully diving in. In a seller’s market, there are fewer homes available, which means buyers will do whatever they can to make their offer stand out. Because sellers have the leverage in these market conditions, you’ll often see buyers waiving their contingencies. Talk to your agent for more information about the local market conditions in which you’re selling.

Should I accept a contingent offer on my house?

Each home sale is different, and each seller has a unique story. What you’re looking for in an offer may be different from what someone else in your neighborhood is looking for when selling their home. It all depends on your circumstances, your timeline, your next steps, and your local market conditions. The extra stipulations in a contingent offer require the attention of an experienced real estate agent who can interpret what they mean for you as you head into negotiations.

How to Negotiate as a Seller

How often do contingent offers fall through?

Contingent offers can fall through more often than non-contingent ones, but there’s no general rule of thumb. Whether a sellers and buyer are able to agree on the terms of a deal is a case-by-case situation. Different contingencies may carry different weight among certain sellers, and local market conditions usually play a significant role. For up-to-date information about your local market, visit our Market Reports page or Trends on our blog.

Pros and Cons of Contingent Offers for Sellers

Pros of Contingent Offers (allowing the buyer to sell their current home first):

Accepting a contingent offer means you don’t have to take your home off the market quite yet, since the conditions of the deal haven’t been met. If the buyer backs out of the deal, you can sell without having to re-list.
In certain cases, some buyers may be willing to pay extra to have their contingent offer met even if the home has been on the market for an extended period.

Pros of Offers with Contingencies (such as inspection, title, financing, etc.):

You’ve got an offer! In a balanced market, one offer with contingencies is still better than no offers.
It may protect you legally if you give the buyer the opportunity to do all of their due diligence while under contract. It’s harder for a buyer to come back and say something wasn’t disclosed when they had ample time and the contractual right to due diligence.

Cons:

Home sales with any types of contingencies are usually slower than those without. It takes time to satisfy a buyer’s contingencies and additional time to communicate that they have been met.
There’s a higher risk that the deal could fall through since the the buyer isn’t locked into the contract until of their contingencies have been satisfied.

It’s important to have an agent you can trust for guidance when facing contingent offers. Reach out to me any time—I’m never too busy to give advice or answer questions:

This article originally appeared on the Windermere Blog, written by: Sandy Dodge.

Living • June 18, 2024

9 Fun Summer DIY Projects for Your Home

by Windermere MI

Sun’s out…fun’s out! Our glorious PNW summer is coming in hot with endless opportunities to enjoy the outdoors. Here are some fun and easy project ideas to help you make the most of it!

1. Backyard Movie Theater

Outdoor movies are a great way to enjoy your yard and entertain a crowd (and keep the mess outside, too!). Looking for affordable and easy? You can find portable, outdoor, Bluetooth enabled projectors for under $100; hang up a white sheet or inexpensive screen, grab your portable Bluetooth speaker, and BOOM…it’s movie time. Ready to take the leap and create something more lasting? Here is a great how-to for a wooden frame with pull-down screen + helpful tips for your AV setup.

2. Fire Pit

Who doesn’t love a good s’mores roast? Creating an attractive fire pit may be easier and cheaper than you imagined. One beautifully simple method we love is to create a ring of stacked bricks, stones or cinder blocks on top of a level pea gravel base, then place a store-bought metal fireplace bowl in the center (here is the full how-to). It’s remarkably fast and you don’t even need mortar! You can also go for a modern square look with cinder blocks, use a reclaimed metal receptacle, or find a full kit at the hardware store. Check out this list of 31 DIY fire pit ideas from the Spruce.

3. House Number Planter

Looking to add some instant curb appeal to your home? This elegant, inexpensive design may just be the “WOW!” you’re looking for. Choose modern house numbers for an updated look and then a little wood, some pretty plants, and a couple hours of work is all it takes to make your neighbors jealous.

Photo courtesy of ana-white.com

4. Giant Backyard Jenga

We LOVE this idea for summer BBQs, and it’s so easy! All you need are some 2×3 boards, a miter saw, and sandpaper (or a power sander, if you have one). Bada bing bada boom…jumbo Jenga to entertain kids and adults alike. Here are full instructions courtesy of Her Tool Belt, including the option to go fancy with colors and a DIY carrying crate that also doubles as a stand.

5. Decorative A/C Screen

If you’re lucky enough to have central A/C, you’re also unlucky enough to have an unsightly metal unit sitting in your yard. Fortunately, you can build a simple cover for less than $100 and in less than a day. Here is an easy plan from This Old House, designed with widely spaced slats for air flow and 1 foot of clearance (do your homework on your specific A/C unit before you dive in—you may need to size up). You can paint it to match your house color if you want to go incognito, or stain it for a stylish natural wood look.

Photo courtesy of tarynwhiteaker.com

6. Vertical Garden

Taking advantage of vertical space for planting means that even the smallest of patios can host a garden. It could be as simple as attaching pots to a trellis/rail or framed chicken wire, or something more elaborate like this beautiful living wall by This Old House. Vertical gardens can also double as privacy screens for your yard, porch or patio. Veggie enthusiasts can even build this easy vertical ladder planter with its own drip watering system. For the ultimate quick fix, felt pocket planters offer instant gratification—just attach to your fence or wall, add potting soil + slow release fertilizer + drought-tolerant plants, and water every 2 days. Using freestanding shelves for your container garden is another great option, especially for tenants who need something that is easily removable.

7. Leopold Bench

We love conservationist Aldo Leopold’s simple and iconic wooden bench plan, designed to be used both forward (with a backrest) or backward (where the backrest becomes an elbow rest for using binoculars). Here is a super easy DIY plan with cutting instructions from Construct101. Even amateurs can build this in less than a day, and all it takes are three boards, 6 carriage bolts, and some screws!

Photo courtesy of etsy.com

8. Hose Storage Planter

This ingenious project will boost your curb appeal in two ways, both by being an attractive planter AND by stowing away unsightly hoses in a clever hidden storage compartment. There are a few different styles and plans out there. We like this version from DIY Candy with a hinged front that allows you to access the hose without having to lift up the heavy planter. It can be crafted from a pallet or any other reclaimed wood. The Kim Six Fix also has this version made with cedar fence boards instead.

Photo courtesy of diycandy.com

9. Rain Garden

Did the April showers leave your yard (or basement) a little soggy? Sump pump working overtime? A rain garden is a beautiful way to channel water away from your house while also helping the environment by keeping chemical runoff out of rivers and lakes. The concept is pretty simple: create a below-grade garden bed planted with deep-rooted species that help capture and drain water rapidly into the soil. If you’re serious about improving drainage, you’ll also want either a stone channel or buried PVC pipe to help guide water from your downspout into the garden. Collect some friends to help with the digging! Here are full instructions from the Family Handyman.

If you’re considering selling your home, some of these projects—like planters and vertical garden privacy screens—can help maximize your curb appeal. A rain garden might also be a beautiful solution for drainage issues that need to be resolved before your house can go on the market. Looking for more ideas or advice? Reach out to me any time…I’m never too busy to help!