Joe Kulle and Katie Riley - Heritage Homes Real Estate



Posted by Joe Kulle and Katie Riley on 3/17/2019

Many hopeful homebuyers seek to save money by buying a fixer-upper and doing most of the renovations themselves. This is a proven method for those who have a knack for home improvement and arenít afraid to get their hands dirty.

However, estimating the cost of a remodel can be difficult. There are many costs you may not be aware of, and others that are easy to go over budget on.

In this article, weíre going to talk about the cost of an average remodel, and some lesser-known costs that you might be forgetting to factor into your budget.

Average remodeling costs

As you might guess, the cost of a remodel can vary greatly. Things like the size of the home, the number of rooms youíre remodeling, and the type of repairs youíll be making all factor into the equation.

Some repairs can be quite costly. Septic system replacements can cost several thousands of dollars depending on the type of system you need. And, if youíre buying an old home, youíll need to look out for expensive fixes like asbestos removal and foundation damage.

According to one report, most Americans spent between $17,000 and $61,000 on their remodel, with the average renovation cost being around $37,000.

If youíre hiring a contractor for the bulk of your remodel, expect them to charge between 10% and 15% of the total cost.

Lesser known costs of a home renovation

Remodeling a home isnít as simple as looking up a contractor and telling them to give you the bill once itís finished, and thatís probably a good thing because odds are you would be shocked by the cost.

First, youíll pay a contractor to do a walkthrough and estimate costs. Next, youíll need to get any permits that are required for your renovations.

If you plan on doing the renovations yourself, there are a few costs youíll need to consider. First, understand that you likely wonít be able to take advantage of all of the discounts that contractors can, meaning your building materials may be more expensive than expected. Similarly, the cost of tools for the project adds up quickly. And, when you make mistakes--we all do, weíre only human--youíll be paying for it out of pocket.

Knowing your long term goals

An important consideration for a remodel is to look toward the future. Do you want to sell your home within the next few years? If so, you might consider going with less expensive materials--such as generic kitchen cabinets rather than custom-built--to save money while still increasing the value of the home.

However, if you plan on being in this home for decades or more, it may be worth the extra money now to make sure you are happy with your home for years to come.

Remodeling a home can be a memorable and rewarding endeavor. You get the chance to take a house that you see potential in and make it truly your own. Now that you know the costs, youíll be better prepared for planning your home renovation.




Tags: budget   Remodel   renovations  
Categories: Uncategorized  


Posted by Joe Kulle and Katie Riley on 3/14/2019

Just move into this charming New England Colonial completely remodeled on this corner lot. Check out this Brand New Kitchen with Tile floors, granite counters, Stainless Steel Appliances, Gas Cooking and a lovely kitchen island. Nice mudroom for new England weather. First floor master bedroom with hardwood floors, 2 additional bedrooms on the second floor with hardwoods and an office with carpet or use it as you wish. 2 Brand New Full Bathrooms with one on each floor both offering tile floors, bathtubs and solid counters. Upgraded Electric, plumbing, and a brand New hot water tank, upgraded windows. Heater was done 6 years ago. Only minutes to the computer rail and shopping. Rt 24/495 are minutes away. Don't miss out on this charming home. So call us for a private showing. Brand new septic system has been completed. Hope to talk to you soon.

More Info on this Property | New Listing Alerts





Posted by Joe Kulle and Katie Riley on 3/10/2019

Long work days, busy family life, activities, and even time with friends and family can place a cloud on your mood. However, a quick pick-me-up might be just outside your door. According to research recently published in The Journal of Positive Psychology, studies show evidence that interacting with nature improves mood and health. In two different studies, results showed that just five minutes out-of-doors could positively affect your emotions. If you find yourself needing something uplifting to get you out of a funk, try these suggestions.

  • Take a five-minute walk around the building. Whether you work in an urban area or a strip mall, stepping outside might be all you need to change your outlook.
  • Pet a puppy. Stop by a shelter on your way home from work and give some love to a kitten or puppy. Just interacting with an animal lifts your spirits.
  • Take your lunch in a park. If an urban park is within walking distance of your work, pack a portable lunch and eat as you walk. Then, find a bench and meditate for a few minutes before returning to the office.
  • Put some plants on your balcony. Having a fern or succulent to care for forces you outside once in a while.
  • If you canít get outside, stand in front of a window and gaze into the distance. Just focusing outside the building promotes relaxation.
  • Spend the weekend hiking. Even a few hours spent in nature changes your perspective on life.
  • Breathe deeply as you enter and exit your vehicle or public transportation to take a little of the outdoors with you as you travel.
  • Find the opportunity to roll down the car windows. Better yet, slide open that sunroof or put the top down.
  • Step outside when youíre on the phone. That way, you arenít interrupting your house or office mates, and you're inhaling non-conditioned air.
  • Walk to the coffee shop or convenience store. Instead of hopping in the car, stroll to your nearest brewery. Youíll get a dose of nature, and perhaps meet friends along the way. 
  • Dine al fresco. Ask for the outdoor seating, even if itís a little cooler. That way your mealtime becomes extra relaxing. 

If you donít have time to slip outside for a break, add some nature to your indoor environment. Put a plant on your desk or bring in a bunch of flowers. Even setting a bowl of coffee beans near your workspace lifts your mood. Trimming a bonsai tree refreshes your brain. Or, try a sand and rock garden to occupy a minute or two.

If you want more nature in your life, talk to your real estate specialist about finding a home with a yard, small garden or relaxing patio.




Tags: outside   nature lovers  
Categories: Uncategorized  


Posted by Joe Kulle and Katie Riley on 3/3/2019

Selling a house and getting a residence show-ready are two entirely different things.

If you list your house, homebuyers can evaluate it at their convenience. But merely listing a residence offers no guarantees.

Instead, a home seller may want to get his or her residence show-ready. Because if a house is show-ready, the likelihood increases that homebuyers will fall in love with this home as soon as they see it.

There are many quick, easy ways to get your home show-ready, and these include:

1. Clean and Declutter Your Home

Mop the floors, wipe down countertops and conduct various home cleaning tasks. That way, you can transform an ordinary home interior into an immaculate one.

Also, don't forget to declutter your residence as much as possible. If you evaluate your personal belongings, you can identify clutter and work to remove excess items from your house.

For those who need to get rid of clutter, you may be able to sell excess items at a garage sale or online. Also, you can donate excess items to local charities or give these items to family members and friends.

2. Revamp Your House's Exterior

Mow the front lawn, repair any cracked or damaged home siding and complete assorted home exterior improvements. By doing so, you can boost your house's curb appeal and help your home stand out to potential buyers.

Remember, your home's curb appeal may make or break a possible sale. If you allocate the necessary time and resources to revamp your house's exterior, you can increase the chance that a buyer will set up a home showing that could lead to a home sale.

3. Perform Last-Minute Touch-Ups

The final hours before a home showing can be stressful. Fortunately, if you know how to perform myriad last-minute touch-ups, you can boost the likelihood that your residence will make a great first impression on buyers.

Opening the blinds is a great way to brighten up your house prior to a showing. Furthermore, you should empty any trash bins to minimize the risk that unpleasant odors may emanate throughout your home.

Clearly, there's a lot that you can do to get your house show-ready. And if you need extra help as you sell your house, you may want to collaborate with a real estate agent as well.

A real estate agent is a housing market expert who understands what it takes to get a house show-ready. He or she is happy to provide home showing recommendations to ensure that you can stir up plenty of interest in your residence.

Of course, a real estate agent provides plenty of assistance throughout the home selling process too. This housing market professional will help you craft an engaging home listing, promote your residence to potential buyers and negotiate with a buyer's agent on your behalf. He or she will even respond to your home selling concerns and queries.

Prepare your house for a showing Ė use the aforementioned tips, and you should have no trouble getting your residence show-ready.




Categories: Uncategorized  


Posted by Joe Kulle and Katie Riley on 2/24/2019

If spending money to make money on your property seems counter-intuitive, you might attempt to sell your home ďas-isĒ and keep your money for the new place. After all, most of those homes featured on renovation reality shows are in worse condition than yours; and those buyers intended to gut the place for a complete makeover anyway.

Just know that the offers you receive will reflect the needs of the buyer, so you wonít get top dollar unless the property is in an extremely desirable area. Still, it might make sense to sell as-is for a discount if your situation is difficult or youíre strapped for cash. Conversely, selling a home that isnít up to code reduces your buying pool. FHA and VA loans require a home to meet minimum property standards to secure the loan.

Another consideration is how much you still owe on the property. Unless the investment for repairs and upgrades is more than your remaining mortgage, it is probably worth spending to bring your property up to code. A qualified real estate professional can help you prioritize your repairs to those necessary to get it sold, or market it to buyers looking to renovate to raze the home.

So, who buys as-is?
Investors often purchase property intending to ďflipĒ it; that is, to renovate a distressed property and quickly resell it to recoup expenses and make a profit. Typically, investors want the ďbonesĒ of the property to be sound, so foundation and structural issues are less appealing to them.

Another type of investor wants the property for its proximity to business or industry. Their goal is to have the property rezoned for commercial purposes or to build multi-family structures on it instead. If the area around your home is transitioning to commercial or multi-family dwellings, your professional real estate agent can guide you to this type of investor.

Less common is the buyer that wants a project or fixer-upper on which to put their own stamp. Some fixer-uppers buy for nostalgia (they lived in the home/area as a child) and others for what they know the area can become. Their goal is to restore the home to its former glory while adding newer amenities. As opposed to flippers, these buyers often intend to live in the home while working on it, or once the work is complete.

If you determine that selling as-is is the best option for your situation, discuss the issue with your agent. She can warn you about what to expect for offers with your home in its current condition and help you set a fair asking price based on its location and the market trends in your area.