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To Pool or Not to Pool?

Photo courtesy of www.shimmeringwaterspoolservices.com

Photo courtesy of www.shimmeringwaterspoolservices.com

To Pool or Not to Pool?

Are you one the many families in the Valley who can’t decide whether or not to install a swimming pool in the backyard? Before you take the plunge, here are some things to consider.

Most importantly, think about why you want a pool. Adding a pool is an expensive endeavor and, realistically, just because you spend $40k on a pool does not mean that it will add the same amount to the value of your home. It could even add nothing to the value, depending on current market and neighborhood standards.

The only real reason to add a swimming pool to your home is because you want a pool. The investment lies in the fun, enjoyment and recreation for your family, enhanced appearance of the yard and the cool escape from hot summer temperatures. If you’re only looking to add a pool to your home with the expectation that you will recoup the cost upon sale, it’s really not worth the investment.

The fact is, there is no definitive answer as to whether a pool will or will not help sell your home. Many Phoenix area buyers want a pool. Some people fall in love with homes, but don’t buy because there isn’t a pool and they don’t want to go through the installation process physically or financially. Although already having a pool appeals to some buyers, there are also many buyers who won’t look at homes that have a pool at all.

My personal opinion, as a buyer, is that if the home is perfect except it doesn’t have a pool and I want one, I’d have one installed. Were I a buyer looking for a home and did not want a pool, I would not consider looking at homes with one. This is simply because having a pool filled and landscaping the yard seems like unnecessary work, whereas adding a pool would be a value to my family’s enjoyment and recreation.

Only you can consider whether the investment is right for your family and answer the ultimate Phoenix homeowner question: to pool or not to pool?

For more information on adding a pool or other upgrades to your home and their potential values, contact Elise Fay or the Fay Team.

Easy Luxury Fixes Buyers Love

Easy Update
Easy Luxury Fixes Buyers Love

There are several luxury fixes buyers love. No matter how tight their budget, buyers will have a wish list of features that feel luxurious.

Here, we focus on refining details, outlining the third installment of our ideas for luxuries buyers look for and how to accomplish them effectively. Contact the Fay Team to quickly achieve list ready status.

Adding, improving or tweaking details in your home can add great value without breaking the bank. A few easy and even DIY ideas include:

Updating baseboards or adding crown moulding

Adding interior or exterior shutters to windows

Painting moulding, baseboards, mantles and/or door trims a contrasting color

Replacing doors or light fixtures; a new light fixture can change the feel of a room completely

Replacing dated faucets, sinks, toilets, hardware, door handles

Exterior paint updates; eaves, doors, trims & fences

Built-ins: Adding built-ins for books, in closets, desks or even recycling centers in the kitchen  feels luxurious because it eliminates furniture and offers a polished look and efficient use of space.

Dedicated Spaces: Dedicating a space to an activity can make a big difference in the perception and feel of the area or room. Choosing the right color paint, appropriate furniture and places for supplies are key here. Think office or craft room for example; use bright colors in these spaces as research shows bright colors foster creativity.

If you’re looking for more easy luxury fixes buyers will love, contact Elise Fay or the Fay Team for more ideas on how to make your listing shine.

 

Easy Luxury Fixes Buyers Love

Solar Panels

Easy Luxury Fixes Buyers Love

There are several easy luxury fixes buyers love. No matter how tight their budget, buyers will have a wish list of features that feel luxurious.

Here, we focus on energy efficiency, outlining the first installment of our ideas for luxuries buyers look for and how to accomplish them effectively. Look for more on the blog in weeks to come. Or, if you can’t wait, contact the Fay Team to quickly achieve list ready status.

Automation:  People love when they can cross remembering something off their list. Or, in today’s technology obsessed world, remove one of the many reminders Siri is managing for them.

In Phoenix, the summer months can hit the pocketbook hard with electric costs. Installing an easily programmable thermostat is a great little luxury fix buyers will love. The Nest Learning Thermostat is a great option. It features auto-schedule, which means it programs itself in about a week, creating a personalized schedule based on changes you’ve made and continually adapting. It also has an auto-away feature, which senses when you’ve left the house and automatically adjusts the temperature to avoid high energy costs. Most convenient of all, you can change the temperature and adjust the schedule from anywhere using a smartphone, tablet or laptop. Cost is right around $200 upfront, more or less depending on home size and number of devices.

Solar:  8 out of 10 homeowners have said they would install a solar system at home if cost wasn’t a factor. In Phoenix, where it’s sunny nearly every day of the year and one of the hottest places in the country in the summer, a solar system is definitely a viable luxury for any home buyer.  Installing a solar system can create a double luxury of allowing homeowners to run their home on a renewable energy source and also to reduce monthly energy costs.

In some areas, costs can be quite low for solar panels. Some companies may pay for the system, install for a low cost and pay for maintenance while the customer only pays for the power used each month. While these deals are not available everywhere, it’s definitely something worth looking into for the energy savings.

Considering one of these energy updates for your home is a little luxury fix that will go a long way. Whether the update is for your own enjoyment or you’re looking for an easy luxury fix buyers will love, energy efficiency is a win-win for the environment and for your listing.

Look for more easy luxury fixes buyers will love next week. Or, contact Elise Fay or the Fay Team for more ideas on how to make your listing luxurious.