The Range Mental Health Center is having a FREE Family fun night. Located at 3203 3rd. Ave West Hibbing, Perpich Building Gym. Costume contests, games, food and more! Friday October 27th at 5:30 -7:30 p.m.
Remodeling Activity to Spike Through 2018
Daily Real Estate News | Monday, October 23, 2017
As homeowners gain more equity, they are expected to continue heavily investing in home improvement projects and repairs through the third quarter of 2018, according to the latest Leading Indicator of Remodeling Activity report released by the Joint Center for Housing Studies of Harvard University. The LIRA index projects annual gains in home renovation and repair spending of 6.3 percent for the fourth quarter of 2017 and up to 7.7 percent by the third quarter of next year.
“Recent strengthening of the U.S. economy, tight for-sale housing inventories, and healthy home equity gains are all working to boost home improvement activity,” says Chris Herbert, managing director of the Joint Center for Housing Studies. “Over the coming year, owners are projected to spend in excess of $330 billion on home upgrades and replacements, as well as routine maintenance.”
Abbe Will, a research associate in the Remodeling Futures Program at JCHS, says that recent hurricanes and other natural disasters have the potential for strengthening remodeling activity even more over the next year than forecasted. Major reconstruction and repairs will get underway in affected regions and likely lead to elevated activity, Will says.
For homeowners looking to remodel for resale, the National Association of REALTORS® publishes a report looking at the costs of some of the top remodeling projects. This is just a tid bid of information for you to think about.
Happy Monday! Call an agent today to help get to your goals of house shopping and selling!
Illuminate Listings Without Breaking the Bank
Help sellers put their homes in the best light before you put them on the market. New lighting industry innovations can help play up the hard work put into getting a house ready for sale, show how rooms are meant to function, and pass along energy-efficient savings to buyers.The proper illumination can shine a crisp spotlight, spread a wide beam, or cast a warm glow on a home’s best features to make a listing more appealing to buyers. Thankfully, most sellers don’t need to hire an electrician, install recessed cans, or purchase expensive fixtures in order to gain the benefits of this type of staging.Updated lighting not only helps your listing stand out visually but also attracts buyers eager to save energy and electricity costs. Here are a few ways you and your clients can take advantage of the latest developments in the lighting industry.
Add layers to enhance room function and mood. When evaluating an area’s lighting needs, make sure there are three layers of light. Ambient light creates a backdrop and should provide overall brightness without glare. Ensure there’s adequate task lighting to help homeowners perform typical functions for whatever space they’re in (under-cabinet lights to safely prep food in a kitchen, night lights for reading comfortably in bed, or a desk lamp for paperwork in an office). Accent lighting can draw attention to some appealing features, such as a striking kitchen island, large painting, or even a lovely mature tree in the backyard.
Increase energy efficiency. Many buyers are looking for energy savings in a home, and LED bulbs will greatly reduce heat output and conserve energy. Pam Price, head of retail marketing at LEDVANCE, which manufactures the Sylvania bulb brand, pegs the energy reduction for LEDs at 85 percent less than incandescent bulbs. Some sellers may be reluctant because they think LED light is too cool or the bulbs are expensive and nonfunctional with dimmers—all of which was once true, but has changed since the first generation debuted. In addition to the initial cost saving, LED bulbs typically last 25 times longer than incandescent bulbs, which are being phased out due to more stringent government energy requirements. Consumers can find each bulb’s life expectancy, generally in hours, on the package. Sellers should also find out if their local utility company offers rebates if they purchase such LED bulbs, says Joseph A. Rey-Barreau, an architect and a lighting consultant for the American Lighting Association.
Explore DIY options. Not only have these new lighting options come down in price over the years, LED options are also often much easier to install, even in some cases by DIYers. Under kitchen cabinets, sellers can easily attach modular strips with adhesive for much-needed task lighting. Rey-Barreau says a 24-inch strip will cost between $30 and $50 and is much easier for a DIYer than the old sockets that had to drilled into the base of cabinets.
Enhance safety. Smart lighting choices can also help alleviate buyers’ concerns about safety. Programmable systems can turn lights on and off in a room or entire house to avoid a vacant home look. Once pricey and complicated to install because they had to be hardwired, new options are wireless and less time-consuming and costly to install. They’re also more user-friendly to operate and can be controlled from smart devices and security systems, says Nancy Goldstein, a principal with Light Positive, a lighting design resource in Marblehead, Mass.
Play up the outdoors. Landscape lighting can also enhance safety while helping to highlight textures and plants outdoors, says Rey-Barreau. It brings the outdoors in to expand a home’s sense of space. “It minimizes the confining ‘black mirror’ effect that large areas of glass can produce when there’s no view beyond the panes at night,” says Goldstein. Costs here have also come down thanks to starter kits with four to eight lights available for $100 to $200, says Joe Dugandzic, executive producer and editorial director of Smarter Home Life, a website and YouTube channel about home automation and lighting.
Choose the right bulb and fixture. Too many sellers still buy bulbs on sale or don’t pair the right bulb with the right fixture for the desired need, says Dugandzic. For example, he suggests using an uplight-style lamp to illuminate a dark corner. Homeowners should consider light output or brightness (measured in lumens, rather than watts) and the color temperature, from warm white to cool blue (measured in Kelvins). Thanks to Federal Trade Commission requirements, manufacturers must now label packages with a “Lighting Facts” box that details this information as well as the bulb’s life expectancy, energy use, and estimated annual costs.Experts differ on specifics but here are a few tips from John Hales, owner of Mr. Electric of Greater Augusta, a Georgia company specializing in electrical installation and repair services, about what should be used where:
• Living room. Mixed lighting should reflect the many ways this room can be used. Try adjustable lamps paired with three-way LED bulbs from 1,500 to 3,000 lumens and 2,200–3,000K in the color temperature range.
• Dining room. Dimmable fixtures paired with dimmable LEDs allow for brightness. Make sure clients know different LED bulbs require different dimmers and are not interchangeable.
• Kitchen. Because of the different functions of this versatile room, good ranges are from 4,000 to 8,000 lumens and 2,700–5,000K.
• Bedroom. To preserve circadian rhythms, go for 1,500 to 4,000 lumens.
• Home office. Cool white lights in the 3,000 to 6,000 lumens.
Introduce sizzle. Lighting has a sexy side that can help differentiate listings in an affordable way. The newest bulbs render color more accurately than in years past. Some bulbs can change color to cast different moods. LED bulbs are also showing up in new, unexpected places such as illuminated showerheads, says Rey-Barreau. And some manufacturers are adding a hip factor by offering connectivity using Bluetooth, allowing homeowners to control lighting from the same devices that they use to control temperature, locks, garage doors, and other accessories.
This is some great information to help homeowners that are preparing their homes for sale. It’s a good way to set the mood when a buyer enters the home when they are searching for their forever home.
I hope everyone is out enjoying their weekend!!!
It’s that time of year again when our children are on MEA Break. Some of parents still must work and some do get the time off with their children. What do you do with your children so that you don’t hear the words “I AM BORED”?
Are you looking to stay in the area or travel away for a small vacation? If your looking to stay in the area and around home try some of these fun ideas.
- Carve pumpkins and roast pumpkin seeds
- Make a family scavenger hunt
- Go geocaching (areas you can go Hibbing, Side Lake, Chisholm, N of Chisholm and many more areas). The app works fantastic and shows the different levels and areas there are available.
- Check out the local Pumpkin Patches and Corn Mazes
- Have a movie and/or game night with your family and enjoy hot chocolate and popcorn.
- ENJOY YOUR FAMILY
Are you looking to get away for the weekend? If your looking to travel but don’t want to leave Minnesota check out some of these ideas.
- The Planet 3 Extreme Air Park is now open in Duluth. If your family is looking to go to an indoor trampoline park this would be perfect.
- Take a trip up the North Shore and tour the different waterfalls along the way. Grand Marias is having their Moose Madness. Watch out for the moose who just may photo bomb.
- Minnesota Zoo is having their HallZooWeen.
- Valley Scare is going on in Shakopee.
- ENJOY YOUR FAMILY
Here are a few ideas that just may help you enjoy the time you have with the kids home. Remember this is one of the busiest travel weekends of the year so be safe. Enjoy your time spent with your family.
As real estate agents we are asked all the time when is the best time to sell a home. Really it depends on the market and location. The best thing we can do for our seller’s is give you seasonal tips to help sell your home.
Check out some of these tips from US News. Tips for preparing your home for sale when the weather is cooler and days are shorter. https://realestate.usnews.com/real-estate/slideshows/13-things-to-know-about-selling-your-home-in-fall-and-winter
Hibbing High School girls swim meet Tuesday October 17th at 5:00 P.M.
Happy Weekend! Remember as agents we work weekends. Call today so we can help with your real estate needs.
It’s that time of year again where we see on the news that our community members are going through a house fires. Here is a list of reminders when it comes to your SMOKE ALARMS and the safety for your home.
– Check that your smoke alarms are working properly. You should be checking them once a month.
– A closed door may slow the spread of smoke, heat and fire. Install smoke alarms in every sleeping area. Install alarms on every level of the home. As much as you want to keep the air moving for your child while they are asleep remember it is safer for them if their bedroom door is shut.
-Smoke alarms should be interconnected. When one sounds, they all sound.
-Large homes may need extra smoke alarms.
-There are two kinds of alarms. Ionization smoke alarms are quicker to warn about flaming fires. Photoelectric alarms are quicker to warn about smoldering fires. It is best to use both types of alarms in your home.
-When the smoke alarms sounds, get outside and stay outside. As a family you should be practicing what to do in those situations. How can you practice? Well when supper is cooking and it get a little black you should use this as a great time to practice. (Every parent should google why is it bad to just swing the kitchen towel to get the smoke alarm to stop sounding. You would be shocked to know that we are making it a normal sound to our children so when its real they can sleep right through it.)
-Replace all smoke alarms in your home every 10 years.
Please use this information and if you have questions please contact your local FIRE DEPARTMENT. Have a great day everyone.
Now is a great time to take care of Fall maintenance. Look at your property from buyers eyes and see what can be repaired or freshened up before the snow flies!