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Waking up to the soft sound of waves and breathtaking sunrise is the best kind of morning. People go on a vacation to experience such a view. However, spending money on such a vacation can be super expensive. Instead, investing in lakefront properties can be advantageous. Also, you won’t have to plan savings or put pressure on your bank balance, like you do while planning for a vacation; you will just have to pack your bag and drive to your lakefront property. Below are some solid reasons that tell you why you need to invest in a lakefront property.
Investing in a lakefront property means creating a medium to generate more money. Let us suppose that you are going out of town and won't be using your lakefront house. Hence you decide to give it on rent. Since it is lakefront property, it will have a great rental value compared to a landlocked house, and you will be able to demand a good sum of money.
No more will you have to sit in front of your laptop and search for a lake view hotel for a vacation getaway. When you purchase a lakefront property, every day is a vacation for you. In fact, you can turn your place into a "workcation" and never get bored working as you will have a fine lake view. After working, you can walk on sand with cool waves touching your feet, which will be so therapeutic that you will be stress free without consuming medicines.
Studies suggest that the median value of a lakefront property is 116% higher compared to other homes nationwide. Additionally, the value of lakefront properties increases with time. Furthermore, it is not just another house, but for some people, it is a space for healing, while for others, it is a getaway from city life. Therefore, there is a financial, emotional and spiritual value attached to it.
COVID-19 has taught us the importance of family and the change of scenery. We were so desperate to get out of our houses, but the fear and restrictions stopped us. However, having a lakeside house can be the ultimate place for families to get together. It will give you a physical and mental change and a chance to spend time with loved ones away from the city's hustle and bustle.
Investing in a lakefront property is like investing in tranquillity. Along with financial benefits, it allows you to create infinite memories with your loved ones. To get your dream lakefront house, You can connect with Chris Low. We have a range of options for you to select from, plus our experts ensure that you get the best ones.
Moving out and selling your house is a big decision, not just for you but also for the person who will buy your home. That is why you need to do a few things before selling your house to make the transaction easier between you and the buyer. Here are seven key suggestions:
You must’ve lived with a few nagging issues around the house—now is the time to fix them. Look for things like missing or broken tiles, cracked windows, squeaky doors, or stained ceilings. Make a list of everything that needs fixing and start repairing those things. A realtor can be quite helpful in letting you decide which ones to tackle first.
Your house needs to make an excellent first impression so that the buyer thinks, "Wow! I can live here," as soon as they set eyes on your property. Ensure your property is tidy and inviting, the lawn is well-trimmed and maintained, and the sidewalks and pathways are clean for buyers and their real estate regents.
Next, declutter your home to make your house inviting and livable for everyone. Recycle or shred old paper, donate the books and toys you no longer need, and remove anything that you don’t use on a day-to-day basis—this will make your house look tidy, and more importantly, bigger than it is.
Next, you need to hire a home inspector. Yes, the buyer will also get the home inspected, but it gives you more credibility when you tell them that the house has been inspected by a professional. The inspector will also point out things that need fixing, leaving fewer chances of negotiation for the buyer.
The better prepared you are with the paperwork, the easier the house sale transaction. The paperwork you need to prepare includes the deed, homeowner’s insurance information, mortgage information, tax statements, warranties, purchase agreement, title report, etc. Chris Low Realtor - a leading team of real estate agents - can help you with this.
Scents can make or break the feel of your house. You can also add fresh flowers to your home to make it look and feel inviting, and more importantly, it will make the house smell terrific. If flowers are too much, you can simply get scented candles or air freshener sprays.
Lastly, check all the lights. Ensure that your home is well lit and all the lights are working. If you have burnt-out bulbs or flickering lights anywhere, even in the garage, change them before you invite any buyers. You can also go further and upgrade your lights to LEDs if you haven’t already, as they are great value propositions to homes nowadays.
There’s a lot more that needs to be done when you want to sell your house, but we can take care of that with our real estate agent services. Contact Chris Low Realtor to know more about real estate solutions.
Selling your house is exciting but often a long and challenging process. And marketing it is another ballgame altogether. But it need not be so tough, right? To make the marketing process easier for your house, here are the best strategies you can use to ensure you get a buyer as soon as possible.
Most homebuyers begin their home search online and they judge every prospect by its pictures. So you need to upload excellent photos to pique their interest. Your images should not only be pleasing, but they should also give a good view of your home. Here are some tips to click the right photos of your home:
When you want to sell your house, signages encourage the buyers to contact you as soon as they see the sign outside your home. You need to place a well-designed signage, though. Check with your homeowner’s association first as some of them do not allow real estate signs. You can even try talking to a neighbour whose house is located at an intersection, asking for permission to put a sign in their lawn with an arrow pointing towards yours.
You may hear people saying open houses are too old-school and not suitable for every home, but the only way to know is to try. If your house is located at the right location, buyers will swarm in, and you will be able to sell the house quickly. Let people know about the open house via newspaper listings or post it in the local social media groups.
Multiple Listing Services is one of the most effective ways to market your property, so use it. Listing your house on local MLS really gives your house an immense reach, making it easy for the buyers to find your home and contact you.
If you want to draw agents to your home, since many buyers are represented by their agents, you can host agent tours. Here, agents will come to check out your property. The benefit with this when you sell your house is that the more the agent lingers in your home, the more details they will remember and later describe to their buyer. Trust us, sandwiches and a glass of water suffice for most agent tours.
The easiest solution? Let us do the work for you. Going through the above tips can ensure you sell your house quickly, but it can be time-consuming. Instead, you can get in touch with Chris Low Realtor. We can help you market and sell your house most efficiently, so you get a buyer soon who pays you the right amount for your property. Get in touch with us to know more.
If you have money in your bank account and want to put them to good use instead of leaving them to catch dust, it would be a wise financial decision to consider investing! There are many places to put your money in when it comes to investing, but even with the number of promising investments to choose from, you can never go wrong with real estate.
Investing in real estate can sound overwhelming and complex, but it doesn’t have to be! The first thing that might cross your mind when you think of having a real estate business may include apartment buildings or other types of multi-family homes, but your choices aren’t limited to only these kinds of properties.
Not everyone has to own a sizable residential establishment to make a worthwhile investment. You see, sometimes, smaller is better. With that said, you may want to consider investing in single-family homes instead.
Now, don’t be fooled by the size of the property! Although single-family homes are considerably smaller than apartment buildings, starting with this kind of property proves to be the perfect real estate investment to begin with.
If you’re still not convinced in hunting for a single-family property for sale near you, then these reasons below may change your mind:
Becoming a successful real estate investor doesn’t just involve owning rental property; managing the place is crucial for being an investor. For beginners dipping their toes into property investment, we recommend single-family homes as they are much simpler to manage and maintain than apartment buildings.
Instead of taking care of an enormous undertaking, you only have to mind a small area, so you’ll have fewer headaches. Moreover, with single-family homes, you only have to deal with one tenant at a time—you’ll have the chance to do the right diligence and find the perfect tenant to rent out your property to.
The great thing about investing in a single-family home is that you get the best of both worlds—on top of receiving rent from your tenant, the value of your property increases the longer you own it!
Compared to multi-family homes, single-family homes appreciate at a much faster and higher rate. Instead of worrying about rents and market conditions affecting the value of your property, you only have to be concerned about the supply and demand.
Unlike multi-family homes that can only appreciate if rents were to rise, single-family houses are always in top demand, so they’ll sell much quicker and have more liquidity.
If you’re looking to earn passive income from real estate investments, then investing in single-family homes is the best investment strategy to have. With the help of a professional, you can turn your investment property into a source of passive income without doing much work. As long as you do everything right, you’ll get to sit back and reap the profits from your property investment!
When it comes to starting a real estate investing career, you’ll never go wrong with a single-family home! Of course, even with the advantages single-family homes bring, there are no guarantees of success. To increase your chances of a worthwhile investment, make sure to work with an expert to guide you through the process.
Are you looking to invest in a single-family house for sale near you in Manitoba? Then, let me, Chris Low, help you find the perfect property for you! While at your side each step of the way, I will make the process of purchasing a home easier, more enjoyable, less time-consuming, and less expensive than if you undertook this challenge on your own. Connect with me today to get started!