Tag Archives: Tax

Why I Love My Job

Always appreciate a happy customer. This is why I like my job. Thanks to Chris and Faith L of Apollo

See more: REALTOR.com

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Not All Home Improvements will Help Your Homes Property Value

Chairs on patio and porch at luxury hotel

If you want to prepare your home in thoughts of selling in the near future or making the right choices for resale even further down the road, think twice about doing the following home improvements:

1) TURNING YOUR GARAGE INTO A MAN CAVE – Believe it or not, that awesome hide-away for the kids or the football game can hurt the value if you are loosing your garage. It did happen to one of my sellers in the past. First they took away the garage for more living space (even though they left the door in). This change took away value mostly because it no longer conformed to the neighborhood even though the living space increased. The garage was in the basement and sometimes below grade finished living space does not always get a return on its cost (according to an appraiser I know). This property took a hit on the appraised value and my clients actually had to lower the price for the buyer to cover it. Not to mention the price hit but not having a garage is less attractive to buyers. So so many people want a garage, especially in Pennsylvania.

2) INSTALLING A DECK OR PATIO (This is something that you are better of doing) – If all your neighbors have a deck and you don’t that is typically a reason for the appraiser to give you a hit in value. You don’t confirm to the neighborhood comps. Who does not love outdoor space, anyway? I had a house that had trouble selling and I can tell you a buyer bought the neighbors listing because it was cheaper and had a deck. It was the same square footage. Ouch!

3) DONT REMOVE OR COMBINE BEDROOMS – If you have gone from 4 to 3 and have the same space, keep in mind you would be comparing to 3 bedroom homes which are typically lower in price thus loosing value. Square footage does not always matter. It has been my experience that buyers want a 4 bedroom rather than a 3. Alway keep that extra bedroom if you have it. It will generally give you more value.

4) DONT REMOVE CLOSETS – If you can make more or make a walk-in closet. If you remove a closet, the room may not always be considered a bedroom. Women today have so many clothes, and even some of those men do. Closets are always a perk!

5) REMOVE WALLPAPER – Wallpaper may not decrease the value on an appraisal but it will make the buyers walk 99 percent of the time and the home harder to sell. Wall paper is an immediate check list for work and it is a bear to get off no matter how you do it. It is very hard to change and get to the popular neutral colors . I have literally had people refuse to go into a house because the every wall in the home was wallpapered. There have been sellers that have issued credits to have wallpaper removed and have removed it all. Be wise.

6) POUR A NEW FRONT WALK – I have sold new construction homes and one builder in particular gives the buyer temporary pavers to start for the front walk way. The pavers can look nice if they are cared for. After a couple of years they often need to be reset and adjusted if you are keeping them. I asked an appraiser if the value increased if the seller poured new walk way for $5000. The answer was no. There is still a walk way just made of something else or replaced with different material. If it was a high end finish then maybe an increase in value.

Talk to your real estate agent before you do anything major if you are even considering moving. You will be glad you did.

Condo Living at Its Finest

Fabulous New Condo in Murrysville that is ready to move into. The community has a club house with a Kitchen, Gym, and Pool. Contact me to set up a showing. Amy 724*448*0085 cell/text

Click here to view listing

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Fall In Allegheny Twp, PA

October 2015 -Allegheny Twp, PA

Photo by Amy S Myers

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Great News for Pittsburgh Area Home Buyers

Get ready to jump in to the housing market as this is a great time to buy.

“Amid all the bad news about the housing market, there is some good news—for buyers. Plummeting prices have made homes more affordable. And a new tax break could provide a federal income tax credit of as much as $7,500 for qualified first-time buyers.”

Pittsburgh again noted as top city for affordable housing.

“Other big towns were much more affordable; among them, Cincinnati, St. Louis, Pittsburgh, Atlanta, Minneapolis, Denver, Dallas, Washington, and Las Vegas, where 60 to 80 percent of homes were within reach of median income families. ”

Read more from the article quoted here.

Technology in Real Estate

Technology has really come a long way in the last 10-12 years. I do not think many of us can leave home or go anywhere with out our cell phone. How did we ever survive before with out one let alone survive without the internet?

I use the internet everyday and in so many ways. My house uses it for personal and business communications, research, pay bills, shopping, watching videos and more. My son loves to play internet games with his friends live on the internet when he gets home from sports practice.

The internet helps me communicate so much better with my family out of state. I love sending photos instantly. It also helps me service my customers in a way that has never been done before until recently. I utilize everything I can in one day – and still there is more. Always try to learn everything you can about what technology is available to you. It won’t do you any good if you do not know how to use it.

Here are some stats that may boggle your mind ( or maybe not ).

As of September 2007, there were over 106 million registered accounts with MySpace.com. Approximately 230,000 people sign up every day.
The average myspace.com page is visited 30 times per day.
There are more than 2.7 billion searches performed on Google each month.
The number of text messages sent and received every day exceeds the population of the planet.
Approximately 47 million laptops were shipped worldwide last year.
One in eight couples married in the U.S. last year met online.

Stats quoted from: RISMedia.com