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9/17

Biggest Housing Trend of the Year: Detached Living Spaces! 

Today's homeowners and homebuyers love detached living spaces. These small stand-alone structures located on the property come with all sorts of benefits -- from added room for storage and recreation to extra income.

They're also easy and affordable to design and install. Starting at around $9,600, this additional square footage can deliver serious bang for your buck, as detached areas can serve as: 

Private Rental Space: You can offer the unit on a vacation rental site or lease it to a full-time tenant to bring in some extra income year-round.

Individual Living Quarters: These separate units are perfect for multigenerational families. They can be used by college kids home for summer or elderly parents who need assistance but want privacy. They're also ideal guest rooms for family and friends coming to visit.

Quiet Home Office: Private, quiet and separated from all the hustle and bustle of the main house, detached units make highly functional home offices for the self-employed entrepreneur or side hustler.

Creative or Leisure Room: Need somewhere to escape and relax? These units are your solution. Personalize them with an art studio, a cozy reading nook, a yoga space or whatever else helps you wind down.

Fun Kids' Playroom: Give the kids a space of their own with a toy-filled playroom in the backyard. They're perfect for late-night slumber parties and playing video games with friends. 

If you're interested in building a detached living space on your property, get in touch today for recommendations for local contractors and designers. Remember to also look into any municipal or HOA restrictions, as you may need permits before starting your build-out. 

 

8/17

 

FIVE BIG TRENDS IN HOME DECOR

Thanks to websites like Houzz and Pinterest and TV networks like HGTV and DIY, it’s easier than ever to keep up with home decorating trends and find inspiration for improving your own home. Here are five of the top current interior design trends.

1. Screen-free rooms: After a long day of using your smartphone and computer, it can feel amazing to come home and take a technology break. More and more, homeowners are creating specific screen-free rooms—perhaps a library, craft room, or listening room—where you can escape from technology for a while.

2. Upholstered headboards: What if you could feel like you were sleeping in a luxury hotel bed every night? The bedding and mattress are an important part of that experience, but so is the aesthetic and comfort of an upholstered headboard.

3. Earth tones: Natural colors have become increasingly popular, especially deep greens. It’s a great way to bring some of nature’s colors indoors, whether as an accent wall, in blankets and pillows, or for furniture.

4. Black stainless steel: If you want a sleek, contemporary kitchen, black stainless steel is even more of a statement than traditional stainless steel.

5. Patterned fabrics: While solid upholstery will never go out of style, patterns have become trendy of late. It’s an easy way to make a bold, eye-catching statement in your living space.

 
 

7/16

 

If you own a home, there was certainly a lot that went into your decision to buy rather than continue to rent. Now you’re enjoying all the advantages of homeownership—here are the top five:

 

1. Building wealth: When you own a home, you have an asset that will likely increase in value over time. It provides great security, and the opportunity to essentially live “rent-free” in your retirement years when the home is paid off.

2. Freedom to make it your own: Landlords can be strict about customizing rental properties. Most don’t even allow their tenants to paint. But when you own a home, the possibilities are endless. Get rid of a wall, or paint it any color you like. It’s your property.

3. Building equity: Every mortgage payment your make, and every improvement you make on the home, is putting money back into your pocket. Unlike with renting, owning a home gives you more than just a place to live. You can use your home equity to get loans and even cash for emergencies.

4. More freedom and stability: Studies show that homeowners have a better sense of pride and security than renters. When you relax in your own home, you know it’s the result of hard work and planning, and that you have the freedom to change it as you wish.

5. *Tax advantages: Homeowners can deduct the interest paid on home loans and property taxes—that’s a big break that comes up every April 15.*

 

7/2

Buying a home is one of the biggest decisions you will ever make! It's important to be equipped with the right information before your start your journey. Join us to learn the process start to finish with no obligation!

  • Basics of Getting a Loan
  • Low-to-No Down Programs
  • Home Buying Process
  • Offer Strategies
​Saturday, July 28th • 10-11:30am 

Refreshments will be served. To register: Click Here

Presented by:

6/19

It doesn’t take much time to go from a perfectly organized room to a cluttered, chaotic mess. Papers pile up on surfaces, coats and bags end up on furniture, shoe boxes and shopping bags get stuffed in the first place you can find. But if you’re proactive, you can avoid the common clutter traps. Here are five ideas for reducing clutter:

1. Have a place for the things you bring into the house each day: Do what you can do create an easy place to put your outerwear, mail, keys, phone, and the other things you bring home each day. Coat racks, mail holders, and a catch-all basket give you an easy, consistent place to put your everyday items.

2. Get a basket for once-worn clothes: There are some clothing items that may not need to be washed or put away immediately after one use, like sweaters or denim. These items often end up on the bedroom floor. Instead, put them in a specific basket for items that aren’t yet ready for the laundry room.

3. Keep kitchen tools off the counter: It’s really easy to let items pile up on the kitchen counters, and all that clutter can be frustrating when it’s ready to make a meal. To reduce clutter, use wall racks to keep cooking utensils off the counter.

4. Designate a no-clutter zone: This one’s simple. Simply choose an important surface or space (like a coffee table), clear it of clutter, and focus on keeping that one area totally organized.

5. Find unique storage options: Including but not limited to baskets, shelving for decorative items, and organizational tubs with labels for closets and pantries. Box items that you don't use and donate items you don't need.

 

 

6/12

 

Not all home improvement projects are created equal. Some renovations may cost a lot but not add significant value to your home. This list goes in the opposite direction: Here are some inexpensive home improvement projects that will not only increase your enjoyment of your home, but will also increase the home’s value.

1. High quality ceiling fans: In a recent National Association of Home Builders survey, ceiling fans ranked No. 1 as the most-wanted decorative item. If your ceiling fans are outdated, replace them with something in the $400 range—it’ll make a big difference when it’s time to sell.

2. Trees: Mature trees can be worth as much as $10,000 toward the value of your home. Trees also protect your home from the elements and prevent erosion.

3. Energy efficiency: Buyers are increasingly interested in saving energy, so any efficiency update is worthwhile. Switching from a wood to gas fireplace is a great start.

4. Outdoor lighting: Exterior lighting is great for highlighting the accents of your home, and you can typically expect a 50 percent return on investment.

5. Molding: You can finish a room with crown molding or railing for as little as $1.50 per foot if you take a DIY approach, and it’s extremely desirable among prospective buyers.

 

 

4/30

Millennials are the second-largest segment of home buyers, ranking behind only baby boomers, according to the National Association of Realtors. Here are some features that tend to entice millennials who are looking to buy.

An up-to-date kitchen and bath

Younger buyers often have limited funds for renovations, so it’s important that they have functional and inviting bathroom and kitchen spaces from the very start.

An open floor plan

Having a formal dining room isn’t of particular importance to millennials, in fact, many prefer open spaces with no separation between kitchen, living room, and dining room. An open concept makes it easier to entertain everyone at once.

An office

More and more jobs are offering work-from-home options, and there are also plenty of freelancers and telecommuters among millennials. A dedicated space for getting some work done can be a key attraction.

Friendly location

With gas prices rising, many millennials prefer walking, biking, or public transit for their commutes. A great location is key.

 

 

 

4/18

One of the best perks of owning your own home is having the space and privacy of your own porch. It’s the ideal place to relax and spend time with family during the summer months. Here are some suggestions for getting your porch back in shape after the winter.
Cleaning and maintenance
Start by removing the dirt and debris that has probably accumulated on the deck throughout winter and spring. Then give it a good inspection—and replace boards and nails as necessary— before using a cleaning solution to give it a thorough cleaning.
Consider your seating options
What’s the main purpose of your porch? Is it for kicking back and relaxing? Hang a hammock and you’ll have the perfect place for an afternoon nap. More interested in entertaining? Invest in some patio furniture, and assemble a bar cart that you can roll outside when you have guests.
Decorate
Add some personality to your porch with some plants (perennials are ideal), ambient lighting, outdoor rugs, and any other decor that seems appropriate. Your porch may be exposed to the elements, but you still have plenty of options for creating a cozy and compelling space.
Kick back!
The hard work is over. Invite some company over and enjoy the season!
 

 

4/9

Negotiation is a subtle art in real estate, but skilled negotiators can usually find some common ground that satisfies all parties. On the other hand, using the wrong negotiation tactics can sink a deal pretty quickly. Here are some negotiation tactics buyers (and real estate professionals) should avoid:

1. Lowball Offers: Going far below market value when you make an offer damages your credibility as a buyer and can be insulting to the seller. The seller has a range in mind that they'll accept, and if you're not even approaching the low end of that range, they won't even consider the offer.

2. Incremental Negotiations: Don't continue to go back to the seller with small increases in your offer ($1,000 or less). The constant back-and-forth can grow tiresome and lead the seller to consider other opportunities.

3. "Take it or leave it": Try not to draw a line in the sand with your initial offer. The seller can get defensive and consider other offers if you immediately show that you're unwilling to budge. Even if it's true don't make a show of it. 

4. Nitpicking After Inspection: Obviously if inspection reveals a major issue, it should be factored into the final sale price. But insisting on a lower price for every minor repair can put negotiations into a stalemate. 

5. Asking for More, More, More..: Some buyers will request that seller throw in  add-ons like furniture or appliances that weren't included in the listing. Try to avoid giving the seller a reason to build up resentment and think that you're being greedy.

 

3/20

 

 

Unfortunately, our homes don’t always grow with us. What may have initially worked fine for a single person, a young couple’s starter home, or a family with a newborn can quickly become too small as families expand and multiple generations live under one roof.

Remodeling and adding to your home is one option for creating more space, but it can be costly, and the size of your property may be prohibitive. That’s when moving to a bigger home becomes the best solution.

WHERE DO YOU NEED MORE SPACE?

The first thought when upsizing your home is to simply consider square footage, bedrooms, and bathrooms. But it’s important to take a more critical approach to how your space will actually be used. If you have younger children (or possibly more on the way), then focusing on bedrooms and bathrooms makes sense. But if your children are closer to heading off to college or starting their own families, it may be better to prioritize group spaces like the kitchen, dining room, living room, and outdoor space—it’ll pay off during the holidays or summer vacations, when everyone is coming to visit for big gatherings.

MOVING OUTWARD

If you need more space, but don’t necessarily want a more expensive home, you can probably get a lot more house for your money if you move a little further from a city center. While the walkability and short commutes of a dense neighborhood or condo are hard to leave beyond, your lifestyle—and preferences for hosting Thanksgiving, barbecues, and birthdays—might mean that a spacious home in the suburbs makes the most sense. It’s your best option for upsizing while avoiding a heftier price tag.

 

Interested in upsizing? Call Stephanie Coats at 541-554-9435!

 

 

3/9

Don't forget to turn your clocks forward this weekend! 

 

 

1/8/18

 

The Stephanie Coats Real Estate Team has had a very busy winter season! Homes are flying off the market at record speed! 

Here are 3 Reasons why you should sell your home in the winter:
 

1- There is less competition. 

Take advantage of lower housing inventory, and sell before the selling season starts! There are usually fewer homes on the market in winter which means less competition and a better chance of your home standing out to potential buyers.

2- Buyers are motivated! 

The latest Buyer Traffic Report from the National Association of Realtor (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

3- Easier to maintain curb appeal!

Curb appeal is intended to attract the buyers who are just driving by as well as those who saw your home online and wanted to see it in-person. It sets the stage for what interested buyers can expect when they step foot in the home during a showing or open house. If you list your home during the peak of the selling season, you may exhaust your time your energy maintaining curb appeal.

 

Call Stephanie Coats at 541-554-9435 to get more information on how to sell your home! 

 

12/28/17

 

When selling your home in the winter, staging the inside becomes even more important. Here are five simple tips to make your home shine even when the outside landscaping has faded:

Keep your house warm. In the winter people tend to turn the thermostat down to save money, however a warmer house is more welcoming to a potential buyer.

Clear the walkways and driveways of any yard debris. Make it easy for buyers to get to your home.

Clean the windows and blinds. Letting in the natural light can brighten up a room and cheer up the home. This also brings attention to the windows and blinds so make sure they are clean even during winter.

Leave the lights on. Before showing a home, make sure it's well lit. A well lit home is more inviting. If you're not home, consider setting up timers.

Following these simple tips can give your house that added boost in today's market. For information on selling in our local market, please contact us for a free market analysis of recent neighborhood activity. We are more than happy to answer any questions you might have!

 

Contact Information

Photo of Stephanie Coats Real Estate
Stephanie Coats
Keller Williams Eugene & Springfield
2644 Suzanne Way
Eugene OR 97408
Phone: 541-554-9435
Fax: 541-302-7620