Tehama Country Real Estate

Tehama Country Real Estate – 3 Does a Increase Your Real Estate Value? Real Estate Spotlight By Alex Mason ready for market can run you ragged. The last thing you need is to be heading in the wrong direction wasting, time, money and your patience. G Smart home preparations begin with setting forth a strict budget and then generating the tenacity to stick to it. We all want to improve our home value and get the most from the real estate sale, but some home improvements may eat away your sales profit, and in some cases, kill the deal altogether. Pools Are Complicated One of the great myths in home improvement is that you should add a swimming pool to increase your property value. This is false and has landed many a home owner stuck with a hefty installation bill. Pools are complicated home additions and subject to the "beauty in the eye of the beholder" viewpoint. Home buyers who want to have a pool often have a general idea in mind about the size, depth, yard location and a myriad of other fac- tors involved with their property buying deci- sion. Simply dropping a pool in your backyard is not a done deal to woo a pool person to your open house. It may be a step in the right direc- tion, but don't get your hopes up too high that your home is going to sell for a figure that leaves you a tidy profit margin after the pool's installa- tion. Will you drop in a pebble pool or Gunite? Rec- tangular or ovular? No one can predict the out- come, so it's a game of chance that you did the right thing if your goal is increasing property value. Pool or Recreational Space Some home buyers are adamant about not having a pool in the backyard for a variety of etting your home in tip-top shape and reasons. It is presumptive to think that every- body loves a swim, when precious lot space could be used for other recreation important to the new buyer. Patio space for entertaining adds a lot of weight to a fantastic backyard living space. So, if you do decide to add a pool, be sure there is plenty of room to roam around it. In addition, home buyers with small children and pets may place a higher value on a property that does not have a pool. Safety and added space takes prior- ity over a summer swim just a few months a year, and some prospective buyers may turn away explicitly because of the pool. Post Pool Sale If your prospective buyer is open to the idea of a backyard pool, ask your real estate agent to make mention if your property has room for a pool. The new buyer need not shell out cash to make the upgrade, as they can add the pool con- struction on to their mortgage. This option gives the new buyer the most free- dom and flexibility to create the pool size and style to suit their budget and ensures that you have not sunk thousands of dollars into a feature that is a hit and miss renovation. However, before your real estate agent speaks up to the client, be sure he or she has checked with your city ordinances to ascertain if your backyard can support a pool. Each city and county lays down the law with restrictions regarding the water's edge and the number of feet between the house and the prop- erty wall or fencing. Real estate is one game where you may not misspeak when representing a property. Law- suits are a way of life in this industry, so every fact must be double checked before making a claim to a client. Alex Mason is a former real estate agent and mortgage broker living in Los Angeles.

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