Elena Langlois - Compass Massachusetts, LLC



Posted by Elena Langlois on 8/6/2020

As a first-time home seller, it can be tough to establish a competitive price for your residence. And if you set a price that is too high or too low, you risk alienating potential homebuyers or missing out on an opportunity to maximize the value of your house.

Ultimately, there's a lot to think about as you determine the price for your residence. Lucky for you, we're here to help you take the guesswork out of pricing your home, regardless of the current housing market's conditions.

Let's take a look at three tips to help first-time home sellers set a competitive price for a residence.

1. Study the Real Estate Market

How does your residence stack up against similar houses that are currently available in your city or town? Study the real estate market, and you can find out how your residence compares to the competition.

Evaluate the prices of currently available houses in your city or town. With this housing market data in hand, you can learn how your home ranks against the competition and establish a price range for houses that are similar to your own.

Also, examine the prices of recently sold houses in your area. By doing so, you can find out whether you're about to enter a seller's market or a buyer's market and map out your home selling journey accordingly.

2. Perform a Home Appraisal

A home appraisal can make a world of difference, particularly for a first-time home seller who is uncertain about how to upgrade a residence.

During a home appraisal, a property inspector will examine a home's interior and exterior. After the appraisal is finished, this inspector will provide a home seller with a report that outlines his or her findings.

Take the results of a home appraisal seriously – you'll be glad you did. The appraisal enables a home seller to learn about a home's strengths and weaknesses, and as a result, discover the best ways to transform assorted weaknesses into strengths. Then, a home seller can perform myriad home upgrades and may be better equipped than ever before to optimize the value of a house.

3. Consult with a Real Estate Agent

A real estate agent analyzes housing market patterns and trends closely and is happy to share home selling insights at any time. Thus, this housing market professional can help a home seller establish a competitive price for a home from the get-go.

Moreover, a real estate agent will promote a home to the right groups of homebuyers and work with a home seller at each stage of the property selling journey. He or she will even negotiate with homebuyers on a seller's behalf to increase the likelihood that a seller can get the best price for a residence.

When it comes to selling a home for the first time, there is no need to leave anything to chance. Use the aforementioned tips, and a first-time home seller can set a competitive price for a house and increase his or her chances of a quick home sale.




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Posted by Elena Langlois on 7/30/2020

Many hopeful homebuyers seek to save money by buying a fixer-upper and doing most of the renovations themselves. This is a proven method for those who have a knack for home improvement and aren’t afraid to get their hands dirty.

However, estimating the cost of a remodel can be difficult. There are many costs you may not be aware of, and others that are easy to go over budget on.

In this article, we’re going to talk about the cost of an average remodel, and some lesser-known costs that you might be forgetting to factor into your budget.

Average remodeling costs

As you might guess, the cost of a remodel can vary greatly. Things like the size of the home, the number of rooms you’re remodeling, and the type of repairs you’ll be making all factor into the equation.

Some repairs can be quite costly. Septic system replacements can cost several thousands of dollars depending on the type of system you need. And, if you’re buying an old home, you’ll need to look out for expensive fixes like asbestos removal and foundation damage.

According to one report, most Americans spent between $17,000 and $61,000 on their remodel, with the average renovation cost being around $37,000.

If you’re hiring a contractor for the bulk of your remodel, expect them to charge between 10% and 15% of the total cost.

Lesser known costs of a home renovation

Remodeling a home isn’t as simple as looking up a contractor and telling them to give you the bill once it’s finished, and that’s probably a good thing because odds are you would be shocked by the cost.

First, you’ll pay a contractor to do a walkthrough and estimate costs. Next, you’ll need to get any permits that are required for your renovations.

If you plan on doing the renovations yourself, there are a few costs you’ll need to consider. First, understand that you likely won’t be able to take advantage of all of the discounts that contractors can, meaning your building materials may be more expensive than expected. Similarly, the cost of tools for the project adds up quickly. And, when you make mistakes--we all do, we’re only human--you’ll be paying for it out of pocket.

Knowing your long term goals

An important consideration for a remodel is to look toward the future. Do you want to sell your home within the next few years? If so, you might consider going with less expensive materials--such as generic kitchen cabinets rather than custom-built--to save money while still increasing the value of the home.

However, if you plan on being in this home for decades or more, it may be worth the extra money now to make sure you are happy with your home for years to come.

Remodeling a home can be a memorable and rewarding endeavor. You get the chance to take a house that you see potential in and make it truly your own. Now that you know the costs, you’ll be better prepared for planning your home renovation.




Tags: renovations   budget   Remodel  
Categories: Uncategorized  


Posted by Elena Langlois on 7/25/2020

This Single-Family in Lynnfield, MA recently sold for $645,000. This Colonial style home was sold by Elena Langlois - Compass Massachusetts, LLC.


861 Salem Street, Lynnfield, MA 01941

South Lynnfield

Single-Family

$639,000
Price
$645,000
Sale Price

9
Rooms
4
Beds
2/1
Full/Half Baths
Beautifully spacious home on a large lot perfect for your large or growing family and for entertaining. This home features 4 bedrooms and 2.5 baths, first floor has an open concept design which boasts a dining room, living room, family room, kitchen, and 2 bedrooms. Upstairs you'll find a very large master and 4th bedroom. The BONUS space on the 3rd level has 2 generously sized rooms and 1/2 bath, perfect as additional space for guests or whatever your heart desires. Partially finished basement is perfect as second family room and/or play space with plentiful storage. Best part about this house - HUGE backyard perfect for play, parties and entertaining, which you have to see to believe. Single car garage with paved driveway and plenty of additional parking. Brand new septic system just installed. Easy access to Route 1, 128 and 95, Market Street's restaurants and shops, and Huckleberry Hill School. Come see all this home has to offer!

Similar Properties





Categories: Sold Homes  


Posted by Elena Langlois on 7/23/2020

Image by tookapic from Pixabay

Nothing brings nature into the home like utilizing fresh herbs in culinary masterpieces to make them as special as those you’ll share them with. Sensational herbs can be grown with ease, as some of the most savory and flavorful ones are disease, pest and drought resistant.

Furthermore, most herbs will even grow in poor soil conditions, but they are also available ready-to-consume from local nurseries. Prepare to get cooking with six herbs either in dried form or fresh from the garden.

1. Chives: The Chillest Herb of All

While seedlings grow fast, this affordable flavorful herb can be grown amidst the garden with little effort. Situating collections of the small onion bulbs in landscaping beds adds lavender blooms and greenery every growth cycle. They mature quickly and make zesty additions to dishes like soups, omelets, potatoes, dips and more.

2. Pinches of Parsley

Delicious in stews, atop vegetables and almost a staple in Italian cuisine, parsley is a relatively hardy biennial that can be grown from seed or via plant transfers. Best in pots placed in sunny southern-facing windows, cut back parsley routinely and keep it watered well to enjoy a fresh supply all year long.

3. Aromatic Sage

Popular in Mediterranean dishes and ideal in both meats and broths, sage is widely appreciated for its rich, hearty flavor and diversity for culinary uses. As a lovely perennial that will grow three feet or taller, sage can be employed in soothing teas, tinctures, and side dishes or even as a decorative edible to spruce up plate presentation.

4. Tasty Thyme is Great Anytime

This dainty perennial herb only grows about 8 inches high but packs a big punch making just a wee bit on meats and dishes enough to indulge the palette in a treat. Just a teaspoon seasons a 5 pound roast and 1/4 teaspoon is a scrumptious addition to meatloaf and burgers.

5. Transform Bland to Bold with Basil

Dried or fresh basil is a highly diverse herb that bursts with aroma and spicy flavors. Fresh basic is best, especially for stews, soups or slow cooked dishes of any sort. Add a leaf or few pinches of dried basil to quickly transform a bland meal into something truly special. As a bonus for fresh growers, the aroma straight from the planter is simply amazing.

6. Savor Every Taste with Summer Savory

True to the savory family is the original…summer savory, which is often used along with other herbs to warm up the taste of beans, vegetables and soups. A bit goes a long way, so about a tablespoon of fresh summer savory is adequate for about a quart of stock or liquid bean mixtures. The slender foliage grows about 15 inches high and works well in most flowerbeds or potting situations with well drained soil and ample light.

The wonderful world of herbs can add beauty, fragrance and flavor to your new home. Consider starting a small garden with these six essential savory culinary helpers.




Tags: herbs   herb garden   Cooking  
Categories: Uncategorized  


Posted by Elena Langlois on 7/16/2020

An open house is a big deal, particularly for a homebuyer who is intent on finding his or her dream residence as quickly as possible. If you plan ahead for an open house, you can make the most of this event.

Ultimately, there are many reasons for a homebuyer to craft a list of questions prior to an open house, and these reasons include:

1. You can optimize your time and resources.

Let's face it – few homebuyers have time and resources to spare. And if you attend an open house, it is important to do everything possible to maximize its value.

With a list of questions in hand, you can attend an open house and learn everything you want to know about a residence. Then, when you have answers to your questions, you can decide whether to submit an offer on a residence or continue your search for your dream house.

2. You can obtain in-depth home insights.

In many instances, homebuyers will attend an open house and leave with many questions about a residence. Yet homebuyers who create a list of questions prior to an open house can quickly gain the insights they need to identify their ideal home.

For homebuyers who want to obtain in-depth home insights, preparing a list of questions prior to an open house is a must. Homebuyers who ask questions about a house's interior, exterior, condition and age can learn about many different aspects of a residence. As a result, these buyers can use all of the information at their disposal to determine whether a house matches their expectations.

3. You can make the best-possible decision regarding a home.

Buying a house is rarely a simple decision. Fortunately, attending an open house with a list of questions can help a buyer make an informed decision about any residence, at any time.

When pursuing homes, there is no reason to leave anything to chance. By preparing questions before an open house, a homebuyer can take a data-driven approach to evaluate a house. And after a comprehensive assessment, a buyer can move forward with a home offer or reenter the housing market.

As you get ready to attend an open house, it may be beneficial to hire a real estate agent too. Because if you have a real estate agent at your side, you may be able to achieve your homebuying goals faster than ever before.

A real estate agent understands the housing market and its intricacies. As such, a real estate agent can keep you up to date about open house events and help you plan accordingly.

Perhaps best of all, a real estate agent will do everything possible to take the guesswork out of buying a house. If you ever have questions during the homebuying journey, a real estate agent is happy to respond to them.

Prepare a list of questions before you attend an open house – you'll be glad you did. By doing so, you should have no trouble discovering your ideal residence.