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recent news posts

Friday, January 04, 2013

Louisville Named to 10 'Healthiest Housing Markets' List

Louisville, KY recently made the list created by Jed Kolko, chief economist for online real estate resource Trulia, Inc., as one of ten “healthy” housing markets he will be keeping his eye on as we enter 2013. Louisville is included on this list because of its strong labor growth, low vacancy rates, and low foreclosure inventory. In fact, the article points out the low vacancy rates have created conditions where building of new construction is necessary, but that conditions are not such that inventory and sales are affected.  Read More

Monday, May 02, 2011

Tips to Save Energy and Add Value

When it comes to energy efficiency, look for smart features and expertise to help you save energy and money and add value to your home. 1. Begin with a Right-Sized Home. If the home you buy is simply too large for you or your family’s needs or plans, you stand a good chance of wasting energy through excessive heating and cooling costs. If it’s too small, you’ll feel cramped and uncomfortable. It’s a big investment, so seek balance and buy it “right” from the outset.  2. Purchase Energy Star Appliances Such as Your TV, Dishwasher, Washer and Dryer, and Microwave. And especially the refrigerator, as it ...  Read More

Adding Value

Which items will add value to your home and help with resale when the time comes to sell?

The answer is: “Only the ones that future buyers will also want and be willing to pay for.”

As a general rule, choosing the functional over the merely cosmetic and choosing neutral over unusual or exotic will pay at resale. Taste and current trends can also affect the value of an update. Unusual colors have a limited appeal.

Which updates will add the most value to your home?

  • Updates that increase usable space (an extra bathroom, larger and/or upgraded kitchen, master bedroom suite, more closet space, conversion of unused space to a home office).
  • Updates that will lighten and brighten your rooms (white or light color paint and floor coverings, light woods, skylights, larger windows, French doors).
  • Updates that will open your home to the outdoors for fresh air and entertaining (French doors to the patio or garden).
  • Updates that will increase privacy and security (fencing, landscaping).