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How to Stay Sane During a Kitchen Remodel

Remodels aren’t easy. Ask any friend or family member about their experience and you are likely to get a groan in response. The reality is remodels can consume your entire life and end up costing much more than you first expected. When it comes to kitchen remodels, though, it can be even more consuming. Follow the tips below to ease the burden of managing a kitchen remodel and by the end of it, you might just be wanting to remodel your Central Oregon home again.

Establish a budget and stick to it

The first thing you must do with any remodel is establish a budget. Overspending is perhaps the biggest mistake homeowners make during their first remodel, and some keep making the same mistake over and over. When planning the kitchen remodel for your Central Oregon home, evaluate whether you want a low-, medium- or high-end kitchen remodel and stick to the costs you first outline for the remodel. Don’t forget to consider the neighborhood you’re in either, as a high-end remodel may not end up making sense in a low-income neighborhood or vice versa.

Keep functionality in mind

It’s easy to get caught up in the excitement of a kitchen remodel, so it’s of the utmost importance that you remember the purpose of what it is you are remodeling. Sleek countertops and innovative appliances are great individually, but you must keep in mind the space that you are working with. Consider how the components will function together and whether their addition to your kitchen will get in the way of its ability to be what it is—a kitchen. An easy way to do this is to apply the 11 foot triangle rule: the distance from your stove to your sink to your refrigerator should add up to 11 feet or less. If you are having trouble trying to navigate what parts of your kitchen to update and how they will work with its functionality, speak with one of our Duke Warner brokers so they can help you settle on a plan that works.

If it works, don’t change it

Kitchen remodels often reach the inordinate prices they do because homeowners move their appliances when they don’t need to. Relocating appliances in a kitchen often requires additional plumbing and electrical work that will send costs sky high in a matter of days. Avoid these unnecessary costs by leaving appliances in their existing locations unless it’s detrimental that they be moved. Updating appliances themselves and the spaces around them can have just as large of an impact as if you were to redo the layout of your kitchen. So, in other words, don’t reinvent the wheel.

Avoid the exhaustion many other homeowners feel by the end of their kitchen remodel by following these tips. By the end of it, you will be feeling better than most and maybe—just maybe—might consider remodeling again soon.

 

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Duke Warner Trend Report for December 2019

Happy New Year Central Oregon! With the holidays behind us and the winter storms peeking around the corner, we are starting the year off just right, according to local real estate trends. Market activity is holding steady, showing averages maintaining for this time of year. In our monthly Trend Reports, we offer valuable insights by reviewing last month’s market activity. This information can be an informative resource for any future trends we might see as we finish out January and head into February.

January 1st Inventory and December Activity

With 280 active listings as of January 1st, the Bend market has a good selection of homes for those looking to buy. The overall number of active listings for both Bend and Redmond have dipped slightly, since last month, but that is on-trend for this time of year, according to years past. Redmond’s active listings, as of January 1st, showed 134 homes overall. The numbers for both Bend and Redmond remained consistent all year, in 2019, and December’s numbers agreed with that trend. As we head into this new year, we are seeing the combined active listings for Central Oregon at 414 homes.

December numbers for the Redmond market show us 69 homes sold, 59 new homes on the market and 77 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 48. The $225,000 – $325,000 had 42 active listings, the $425,000 – $525,000 range had 21 actives, and the $525,000 & up price range showed 33 active listings.

For Bend, the numbers in December dropped slightly from November, however we still saw a healthy variety of homes to choose from. There were 4 active listings in the $225,000-$325,000 range, 80 in the $325,100-$425,000 range, 74 in the $425,100 -$525,000 range and 39 in the $525,100 – $625,000 price range. The $625,000 – $725,000 had 34 active listings, the $725,000 – $825,000 had 22 actives and the $825,000 – $925,000 showed 28 active homes listed. As you can see from our Market Trend Report, there were quite a few homes available in the higher price ranges as well, showing 82 homes in the $925,100 & up price range, which remained the same as November numbers for that price range.

In our Central Oregon real estate market, buyers often look for competitive pricing as they consider properties. If you are selling your home and trying to price your property, we encourage you to consult with your trusted Duke Warner Broker for seasoned, expert advice. Our brokers will share their variety of experience, excitement, and deep market knowledge while they work for you.

Sold and Pending Listings

Bend had 127 pending homes and Redmond had 77, in December. These numbers remain consistent and tell us both buyers AND sellers are competing for available properties. For sold listings in Bend, there were 167 in November and 206 in December. In Redmond, we saw 87 sold in November and 69 in December.

Looking Ahead          

As we lean into 2020 and start thinking about the next several months in the real estate market, we like to remind Central Oregon that our team of real estate experts are always available and happy to help guide you in the home buying and selling journey. Central Oregon is a beautiful place to live and no matter what stage of life you are in, there is something for everyone in the real estate market. As you consider your housing needs, start to plan and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our wonderful team knows how to price properties according to the market trends, and our love of the industry is reflected in our willingness to work hard for our clients.

Give us a call today and let us help you get started! We can be reached at 541.382.8262 or send us an email at info@dukewarner.com.

 

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Busting the Most Common Home-Selling Myths

Selling a home is no easy feat. In fact, it can easily become one of the most stressful experiences you will ever have to endure. So why are there so many myths and misleadings facts out there about how to best sell a home? In the era of “alternative facts,” it can be difficult to discern sound advice from shoddy suggestions, so the key is to have a foundational knowledge of what’s true and what isn’t. Below, we’ve listed the three most common myths to look out for when selling your next home.

You Must Sell in the Spring or Summer

Much like the undying myth that chewing gum takes seven years to digest, homeowners continue to think that homes can only be sold in warmer seasons. While it’s true that the spring and summer are optimal times to put your home on the market, failure isn’t inevitable if you sell during the fall or winter. In fact, there are some hidden benefits to selling your home in the fall and winter.

Competition can be stiff in the warmer months and it’s easy for your home to get lost in the dozens and dozens of listings that pop up in Central Oregon. If you sell your home in the fall or winter, there is less competition that allows your home more opportunity to shine and provides you with more negotiating power. Additionally, homebuyers are more willing to make a deal and close quickly in colder months, thereby reducing the amount of time your home sits on the market.

It’s Just Like Reality TV

Anyone that’s watched HGTV — or similar reality TV — knows how easy selling a home can be made to look. The entire process is cut down into an episode that’s 40 minutes or less and much of it is often scripted, so viewers aren’t provided a real look at the length or complexity of the selling process.

In reality, the selling process is much more than just a showing and a few phone calls. According to Zillow, the average American home sits on the market for 65 to 93 days, so things move much slower than portrayed in the media. Additionally, the closing process can sometimes even last more than a month. Speaking with a licensed real estate agent can circumvent this issue, as you can prepare a more realistic timeline of how events will play out.

It’s Cheaper to Sell Without an Agent

While it’s true that real estate agents come attached with commission fees, it’s misleading to think that they make the selling process more expensive. Real estate agents oversee a number of responsibilities, from legal negotiators to professional marketers, all which are best approached with experience. An assessment recently performed by the National Association of Realtors even found that the average FSBO home price was $185k while homes sold by realtors had an average prices of $245k. Commission fees may exist, but a quality real estate agent will more than make up for the cost with a higher selling price.