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Newsletter, 5/7/21


Where Home Seller Profits Are Highest

Home sellers continue to see higher profits from their homes as a hot housing market rolls on. In the first quarter, sellers generated an average profit of $70,050 on the sale of their home, up 26% compared to a year earlier ($55,750), according to ATTOM Data Solutions’ 2021 U.S. Home Sales Report.

The $70,050 in profit accounts for a 34.2% return on investment compared to the original purchase price, which is also higher than the 30.8% from a year earlier.

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Ralene Nelson, REALTOR®

JUST LISTED – 925 Thereza Way, Rio Vista,
3 bed 1 bath 1,326 sq ft


Don’t miss this adorable home, cottage-like, with a new kitchen that includes new cabinets, granite counters, subway backsplash, & flooring. Hardwood throughout, majority dual pane windows except for large front windows. Bath renovated with new hardware, vanity cabinet, tile floors. New paint, window coverings & a large backyard for your family BBQs. Garden beds waiting for your plants. Single car garage convert, however, a wall can be removed. Lot is big enough for add-on or swimming pool. MORE INFO


JUST SOLD – 10 Softwind Dr. Lodi


New kitchen with stainless steel and black appliances. Granite and quartz counters and laminate floors. Carpet in the bedrooms. Extra large walk-in shower in master bath with all new tile surround and floors. This is a 3 bdrm, 2 bath home. It has a very open floor plan, very tastefully done, with a garage and added work shop. New doors, hardware, baseboards, everything redone. $10k new HVAC system. New ext.& interior paint. MORE INFO


Delta Diamond Farm Estate & Event Center,
15175 Hwy 160, Isleton, 25.1 ac


Asking $3,250,000- Delta Diamond Farms is a very unique property, built in the late 1880s, fully renovated by currents owners in 2005. 4 story, 3850 sqft Victorian home, the potential for 5 beds, 3.5 baths, located on 25.1 acres, currently operating as a wedding event compound & family/corp. events, & is permitted. Expansive lawn area & beautifully landscaped courtyard with 3 self-contained cottages. Barn (8000 sqft) & metal workshop constructed in late 1880’s, renovated with concrete perimeter foundation/slab floor, & full loft. 50’s Replica Gas Station remodeled as operational restrooms. New 2300 sqft 6 carriage house w/half bath. 4200 sqft metal building set up for catering, (refrigerators, freezer, ice machine, table/chair/linen storage w/industrial washer/dryer. 3200 sqft metal newer building, equipped with workshop, office, bedroom & full bathroom w/shower. Property has 2 wells (domestic/agricultural) w/riparian rights from Sacramento River. River access with 60 ft custom dock & waterfront observation deck. READ MORE


Real Estate News

7 Ways You Can Make More Money When You Sell Your Home

Getting the best deal when selling a house is all about making your home stand out — while spending as little additional time and money as possible.

In a housing market still adjusting to the economic effects of the COVID-19 pandemic, doing everything you can to make the most money on your house is especially important.

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Are Existing Homes Really More Pricey Than New?

The median existing-home price for a single-family home in March jumped to a record high of $334,500, according to data from the National Association of REALTORS®. Meanwhile, the median sales price of a newly built home was $330,800, according to U.S. Census Bureau data.

New homes are traditionally more expensive than used homes. The scenario in which existing homes sell for more than new homes hasn’t occurred in more than 15 years, CNBC reports.

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23 Cheap Upgrades That Will Actually Increase
The Value of Your Home

1. Paint kitchen cabinets.


centsationalgirl.com

Adding new cabinetry can be super expensive, but a couple coats of new paint can make an outdated kitchen look much more modern and clean. See how to do it here.

2. Update cabinet handles.


superfront.com

Swapping out generic or older cabinet handles can make a kitchen look completely different. This company makes new handles that even fit IKEA cabinets.

3. Add extra seating areas outside.


Flickr: dhammzaAdding an outdoor dining table to a porch or yard makes it seem like there’s even more space, even if it’s a little crowded.

4. Get new outlet and lightswitch plates.


kyleswitchplates.com

kyleswitchplates.com

These get super dirty with use, but are really cheap to replace (<$1 each). If you want to go really ~fancy~, paint your plates the same color as the wall so they disappear more.

5. Add molding.


remodelandolacasa.comOnce you get the hang of a miter saw, DIY moulding is pretty easy. See how here.

6. Bump up the curb appeal.


postcardsfromtheridge.com

postcardsfromtheridge.com

The front of your house is the first thing potential buyers see, so make sure it’s stately and welcoming. Add some extra plants to the porch or the entryway, paint the door.

Check out these other DIY tips for increasing your curb appeal here.

7. Make upgrades to your landscaping.


century21.caAccording to Century 21 realtors, landscaping and a good first impression can increase a home’s value up to 27%.

8. Turn any room into a bedroom with a closet or wardrobe.


megandmartinmen.blogspot.comTurn your office or den into a useable bedroom by either adding a closet, or a freestanding wardrobe. Or, use this Ikea wardrobe hack to create this DIY closet.

9. Get rid of the popcorn ceiling.


floridaysmom.com

floridaysmom.com

Just make sure to get it tested for asbestos before you try this one yourself—some homes built before the 1970’s have it in the ceiling. See how to do it here.

10. Add visible storage.


i2.wp.comHidden storage might be good for living in a home, but buyers want to SEE a lot of storage space without having to open everything. A few extra shelves in a blank space can make a big difference. See how to easily add some floating shelves to a tiny bathroom here.

11. Stow your personal tchotchkes.


Flickr: tbisaacBuyers want to picture themselves in your home, not your whole extended family. While you’re selling, stash the majority of your specifically personal heirlooms to make the space feel a little more like a blank slate.

12. Paint unsightly tile.


kellysmoonlight.blogspot.comIf you don’t want to fully replace any tiled floors, you can actually paint them to look fresh and clean. See how here.

13. Upgrade your fixtures.


sincerelysarad.comDoor knobs, faucets and locks are all fairly cheap to paint to make them look brand new. Check out this great tutorial here.

14. Swap out your lighting.


HGTV / Via hgtv.comUpgrading lighting in the main rooms can make the whole space feel more expensive.

15. Go for neutral paint colors.


stylebyemilyhenderson.com
A brightly colored living room might be your cup of tea, but a neutral clean palette is much more palatable for most buyers. Designer Emily Henderson recommends these timeless shades for almost any space.

16. Update your window frames.


makeit-loveit.comMake windows look larger by adding molding and a new apron. See how here.

17. Paint the inside of your window frames.


inmyownstyle.comMost builder-grade windows are dark inside, sometimes even black. Painting the interior frames and transoms will make the window look bigger and more modern. See how to do it here.

18. Add mirrors.


gorgeousshinythings.blogspot.com
Mirrors are the simplest way to make any space feel bigger and lighter. Learn how to make this giant sunburst version here.

19. Hide some of your home’s eyesores.


blissbloomblog.com
Some things necessary to a home’s function can be covered or hidden and still work perfectly. This trick lets you cover up a thermostat or alarm with just a canvas portrait and some hinges.

20. Paint older bathtubs.


diynetwork.com
If you don’t want to buy a whole new tub, older (or dated color) tubs can actually be painted. Learn how here.

21. If you’re really going to invest, start in the kitchen.


Vudhikrai / Getty Images
Kitchen upgrades like new appliances and countertops will usually give the biggest return on your investment.

22. Call an inspector BEFORE you list.


rhodylife.com
Potential buyers will hire their own inspector, but if there are problems you didn’t know about, it can cost you a lot off your asking price. Go through all the things your pickiest buyer will have checked, and make sure there aren’t any surprises.

23. Ask your realtor what people are looking for, then do those things.


Peter Parks / AFP / Getty ImagesBefore you make any major changes, ask your own realtor what people ask for the most in your area, and then make those updates yourself. They are a treasure trove of knowledge about what people are looking for at the same time you are selling, and they want to make the sale just as much as you do.

Source: https://www.buzzfeed.com/jessicaprobus/diy-before-you-buy

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