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Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

July 26, 2021

Thinking About Selling? 7 Things You Can Do To Spruce Up Your Kitchen

Getting ready to sell your home may have you doubting your decorating style when it’s time to put it on the market. Wondering if prospective buyers will like your décor and color schemes could have you wondering why you ever made the choices you did. Here are some relatively simple tips for kitchen improvements to make when selling your home.

1. Countertops

Trends in countertops change from time to time and it can make a big difference when you stay on top of current preferences. Granite and laminate are not as popular as they have been, but a top choice now is quartz. Quartz makes for a durable, appealing surface on which to prepare your meals as well as having many options of designs and colors.

2. Backsplash

Upgrading your backsplash can be quick and inexpensive. A variety of press-on brick looks are available that will give a crisp, new look to your stove area. Subway tiles are one way to brighten up the area and offer a new take on an otherwise dated kitchen.

3. Lightening Up Opens Up

Give your kitchen a new look by updating cupboards and walls with a lighter tone. Pale colors tend to make a room look bigger. This especially works wonders for kitchens that are on the smaller side.

4. New Cabinet Fronts

In line with the previous tip is giving your cabinet fronts a new look. A whole new overhaul is not necessary. Sanding them down and putting on a new coat of paint will add to the overall freshness of a new, lighter kitchen.

5. Your Dishwasher

This is a perfect time to invest in that new dishwasher you’ve been wanting. Even though you might not get much use out of it, it may be the tipping point for the new buyer. If nothing else, make sure your dishwasher is spotless inside and out.

6. Shed Some New Light

More lighting tends to help open up a kitchen and make it easier for you to work your culinary magic. Under cupboard lighting, recessed lighting, or additional lighting from the ceiling could make it more possible for prospective buyers to appreciate the kitchen that could be theirs.

7. Make it Sparkle

After all the revisions and updates have been done, give your kitchen a cleaning it hasn’t seen in a long time. Buff every dull surface until it shines. Small chips on most surfaces can probably be filled and sanded down to look unscathed.

Really get into every nook and cranny and make it look brand new, even the parts that aren’t. You never know where potential buyers will want to look, and a spotless kitchen will be so much more inviting.

The addition of a wine fridge or even just offerings of a cool drink upon arrival will be a nice touch for lookers. Real estate companies in Richmond will be proud to show your home when you go to the effort of making some easy changes and upgrades to your kitchen.

Posted in Sellers
July 20, 2021

4 Ways You Can Maximize The Sale of Your House

If you're looking to sell your home, you'll be happy to know that the market is currently in your favor. Inventory is low, and demand is high. This sets the stage for sellers to profit quickly. Even in such an advantageous market, it would benefit you to take steps to increase your property's appeal. Consider these tips for how to maximize the sale of your home.

1. Let Buyers See Themselves Living There

Taking time to declutter and put away personal items is one of the best ways to make your home appealing to a wider set of buyers. People want to be able to picture themselves living in the homes they view. You can help them to do this by creating a space that's neutral and clean. Remove unnecessary decor or furnishings. Put away family photos, awards, and mementos. Let buyers see the full potential of your offering, and you're sure to benefit with a higher profit and quicker sale.

2. Make It Clean and Tidy

When selling your home, real estate companies in Richmond recommend keeping things as clean as possible. A home with unmade beds or dirty dishes is distracting from the overall beauty of the interior. Plus, it's a general turnoff. People want to feel the home they buy has been well taken care of. Attending to even the smallest detail can make a difference in whether you receive timely bids. You'll also want to take time to be sure the place smells good. The scent of a home stays in the mind of buyers.

3. Allow Plenty of Access

One of the biggest home selling tips to remember is the importance of allowing potential buyers to have access to your home. If people don't see it, they can't buy it. Try to make your home available for viewing as frequently as possible. Give people added access to online listings and virtual tours. The goal should be to increase your property's viewings so that you can close a quicker sale.

4. Be Sure the Price Is Right

Setting the right price is imperative, even in a seller's market. You should price your home in a way so that buyers will want to compete for your listing. This will drive the price up organically. Setting a price that's too high initially will only deter interest and diminish your chances of achieving a favorable sale. Your real estate professional can help you to determine the best price for your particular property so that you can feel confident in making that sale.

Keep these tips in mind if you want to maximize the sale of your price. Even when circumstances are in your favor, you'll want to do as much as you can to increase your property's appeal. These steps should help.

Posted in Sellers
July 12, 2021

Does Your House Need Repairs? How To Sell As Is

In today's sizzling real estate market, many home sellers are choosing to list their homes as-is without making costly repairs. While this can be a bit of a risky venture, you can help to boost your success if you familiarize yourself with the best way to sell a home as-is.

Be sure to follow these tips and tricks if you plan on selling as-is.

Be Upfront in the Listing: If you plan on selling your home as it is, you need to be upfront about this in the listing. This will let potential buyers know that you will not be spending time and money on repairs. In return, the buyer will know that the house will be offered at a lower price point.

Complete a Pre-Inspection: In addition to being upfront about the home in the listing, it is also a good idea to complete a pre-inspection and disclose all of the items in this report. This will give prospective buyers a true picture of the state of your home while also extending honesty to them to build more trust. The professional real estate companies in Richmond will be able to use this report to market your home as a good opportunity for house flippers, investors, or buyers who simply want to take on the challenge of a fixer-upper in exchange for a lower initial investment.

Highlight the Positive Aspects: While you cannot hide the fact that your home may need a little TLC, you can be intentional about highlighting the positive aspects of your house. Savvy home sellers will focus on the best parts of the home in the listing and in all marketing materials. For example, if you have a great lot in a cul-de-sac, be sure to mention that in every type of promotional item.

Price it Right: The key to selling a home as-is is to price it right. Your real estate agent will be able to advise you on a strategy to get the most out of your home even if you are not investing in improvements. You will need to take into account the overall trends in your particular market so that you remain competitive.

Home Repairs Worth Your Time and Money: Lastly, it is important to note that there are a handful of improvements that are worth your time and financial outlay. In general, you want to complete the improvements that an inspector may flag as a safety problem. This includes making necessary repairs to the roof, HVAC system issues, and any electrical upgrades. You also want to address any type of mold, water, or termite damage. These issues could be a sign of more serious problems with the home, making it important that you clean them up before listing.

These tips will help you to decide what you need to do to maximize your selling price with as little front-end investment as possible.

Posted in Sellers
July 6, 2021

Richmond Favorites: Sugar Shack Donuts

If you're in the Richmond area and have a craving for donuts, you'll definitely want to check out Sugar Shack Donuts & Coffee. This shop offers a unique assortment of donuts that are different than your run-of-the-mill pastry stores. It's the extraordinary recipes of Sugar Shack that initially attract customers. They come back for the taste experience. Keep reading to learn more about one of the best bakeries in Richmond, how they got started and what you'll find there.

Their History

Sugar Shack Donuts got its start in 2013. The owners saw a gap in the market and realized there needed to be a place that offers funky, vibrant flavors not available anywhere else. The recipes are nearly all created by Sugar Shack and exclusive to this shop, so you'll definitely have a one-of-a-kind experience here. They've been delighting Richmond-area customers for nearly a decade.

Vegan First

Another thing that sets these donuts apart from the rest is that they are primarily vegan. Nearly all of Sugar Shack's creations are vegan first recipes. This should appeal to those looking to eat responsibly and sustainably. Even those who aren't vegan are sure to enjoy these incredible confections. You probably won't even be able to tell they're a vegan first product. All you'll taste is a delicious donut.

About the Menu

Donut assortments change regularly, offering patrons variety and fun. However, there are certain staples you can expect to remain on the regular rotation. There are even specially-made holiday options available seasonally, in addition to gluten-free varieties.

Regular donut flavors include:

  • Glazed
  • Jelly
  • Bacon
  • Mudpot
  • Red Velvet
  • Maple
  • Blueberry
  • M&M
  • Coconut
  • Samoa

They also carry a wide selection of locally roasted coffee and espresso drinks. Because Sugar Shack is a vegan first business, you can expect an assortment of soy, almond, oat, and coconut milk choices in addition to dairy options.

Loyalty Rewards

If you're local or visit the Richmond area frequently, be sure to take advantage of Sugar Shack's loyalty rewards program. You'll earn a point for every dollar you spend. Just 50 points will get you a $5 digital reward. As a bonus, get an additional $5 on your birthday. When you sign up for the email newsletter, you'll learn all the insider secrets such as special Double Points Days.

Next time you're craving donuts in Richmond, check out Sugar Shack Donuts & Coffee. You can order in-store or take advantage of convenient curbside or delivery service. They also offer catering for your next event. With all they have to offer, you're sure to find a new favorite donut here.

Posted in Local
June 28, 2021

20 Things To Do for 4th of July in 2021

The 4th of July celebrations are some of the most fun and exciting times for Americans. However, because of the pandemic, you might not have the chance to have the same splendid celebrations as you did before. You might have problems finding things to do in Richmond for the 4th of July, but it shouldn't stop you from having the time of your life.


1. Spend the Night Under the Stars

When it comes to how to celebrate the 4th of July in 2021, spending the night under the stars always comes up. You get to enjoy some of the most scenic tributes you have ever witnessed in your entire life. It is also a chance to spend intimate time with family and friends.


2. Get Some Fireworks

A tradition as old as apple pie is firing off some fireworks to celebrate this fantastic occasion.


3. Backyard Movie

Play a patriotic movie and have some fun in the backyard with family and neighbors. You will create many memories doing so.


4. Roast and Eat Some S'mores

S'mores make delicious treats for people wanting something sweet to celebrate the 4th of July.


5. Spend the Night Around a Campfire

A campfire might be the ultimate chance for you to tell jokes and think about life with those special people around you.


6. Make Special Cocktails with a July 4th Theme

Create your own special independence-themed cocktails to serve during this exceptional occasion.


7. Spice Up Your Hotdog

You can improve your bland hotdogs by adding extra fixings and condiments. It will turn a boring meal into something exciting.


8. Have Backyard Games

Get the kids in on the fun with exciting backyard games that everyone will love.


9. Have a Pool Party

If you have a pool, it might be one of the more exciting things you can do with the kids and your family.


10. Play Baseball

Play a game of backyard baseball to mark this special occasion.


11. Build Forts with the Kids

Get your creative juices flowing by building a giant fort out of cardboard or other materials.


12. Water Balloon Fight

Cool down and have fun with exciting balloon fights with the entire family.


13. Nature Walk

If nature is what excites you, go on a nature walk to celebrate American independence.


14. Make Unique Desserts

Make a great dessert that shows off your baking skills.


15. Picnic in Nature

Prepare some meals and have a picnic at a park nearby. Your family will love getting out of the house.


16. Go Pick Berries

You might even enjoy picking berries as a way to spend the 4th of July.


17. Have a Bike Parade

Add some patriotic decorations to your bikes and ride to the town celebrating this great day.


18. Rent a Great Boat

Rent a boat and have a magical time with your family and friends.


19. Have a Backyard Barbecue

Invite the entire neighborhood over for a great barbecue experience.


20. Go Somewhere Special

Go somewhere you've never been before and create memories that will last a lifetime.

Posted in Local
June 21, 2021

Curious To Know How Much Your Home Is Worth? 4 Things That May Surprise You

When you need to sell your home, you want to have a realistic idea of what your house is worth. It's a tricky subject, especially in a volatile market when the prices of properties are rapidly shifting. If you're trying to get a better idea of what your house is worth, know that there are a few things that you might be surprised about. These are some things that could drive the value of your home up.

Nearby Big-Box Coffee Shops

Big, name-brand coffee shops in your neighborhood can drive up the value of your house. In fact, it can drive it up by almost 100%. This is especially true with Starbucks, but it can somewhat depend on where you live because the same trend occurs with homes located near a Dunkin' Donuts on the East Coast. Brand loyalty might differ depending on where in the country you live, but the general trend of people wanting to be able to enjoy their favorite coffee drink easily tends to stay the same regardless of your overall geolocation.

Americans Love Blue

Trends come and go, but one consistent color preference for kitchens and bathrooms is blue. This is particularly true if the exact shade is somewhere in the light blue to light periwinkle types of blue. In fact, homes with kitchens in one of these shades tend to sell for about $1,800 compared to homes with white kitchens. This trend also tips the idea that you should paint everything white just before moving to give off a clean appearance on its head. Blue is a great color for kitchens and bathrooms because it's s universally soothing color. Plus, the color gives off the impression that the house has been cared for.

Proximity to the City

Having a home that's in the city will drive up the price of the house because so many people want to live near where they work to cut out the commute time. Lots of people are also interested in living near a place where there are lots to do. Whenever space is limited, a premium will be placed on every square foot of living space. Home values in larger cities are also increasing quickly.

Fun Features

Some design features are classics, but trendy features are often the ones that will drive up the price of the house because they instantly grab hold of a potential buyer's attention. Features like farmhouse sinks and barn doors can add a lot of value to a home because they stand out in a way that makes the house feel fresh and updated. We see these features all the time on home improvement shows, which has made people's preferences shift toward liking them.

Whenever you're wondering what is your home's value, you should talk to real estate companies in Richmond to get a better idea of what you can expect to get on the sale of your home.

Posted in Sellers
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates