The summer home selling season is underway. Are you ready to sell and move to Hawaii? In addition to the 5 tips to prepare your home for sale article posted in September, here are eight ways to help your home put its best face forward.
By contributer Pat Curry
Homes with high curb appeal command higher prices and take less time to sell. We’re not talking about replacing vinyl siding with redwood siding; we’re talking about maintenance and beautifying tasks you’d like to live with anyway.
The way your house looks from the street — attractively landscaped and well-maintained — can add thousands to its value and cut the time it takes to sell. But which projects pump up curb appeal most? Some spit and polish goes a long way, and so does a dose of color.
Tip #1: Wash Your House’s Face
Before you scrape any paint or plant more azaleas, wash the dirt, mildew, and general grunge off the outside of your house. REALTORS® say washing a house can add $10,000 to $15,000 to the sale prices of some houses. Continue Reading…
Here are the Big Island real estate numbers for North Kohala (Kohala Ranch, Hawi, etc) and South Kohala (Waimea, Waikoloa, resort areas, etc) January through July 2014. Compared to last year during the same time period, sale prices are up: 21% and 14% respectively for homes; 16% and 59% (!) for land. South Kohala condo sales prices have increased 17%. That said, prices are still well below the 2007 peak.
Look at the year-to-date real estate sales price increases for North Kona. Of special interest is the land. Lots are always the last to recover following a down turn. Though the same number of lots sold is about the same compared to last year, land sale prices are up 51% in North Kona. The lack of inventory is driving these significant real estate sales price increases. Data as of July 31.
The year-to-date 2014 real estate numbers are in for Hawaii Island home and condo sales January through June, especially at tennis and golf resort neighborhoods.
Just because West Hawaii is in a seller’s market doesn’t mean sellers should be unprepared to receive the first offer. As a rule of thumb, the first offer is often the best in West Hawaii. This rule assumes the seller is ready to sell, versus waiting for several months. If the first offer is immediately viewed as “lowball,” someone, either seller or buyer, is off the mark. The trick is to determine whether the buyer is just fishing, or if the home really is priced too high. Here’s another rule of thumb: if the offer comes within the first 30 days of marketing, the home is most probably priced close to market. If it’s been three months or longer, the home is probably overpriced. Of course these rules don’t apply to all situations. Here’s a well written article on the subject of getting ready for the first offer, reprinted with the author’s permission. Enjoy!
Call Diana with questions about your favorite Hawaii Island neighborhood in South Kohala or North Kona.
This week Business Insider published a good article about buying a vacation home. Read these eight questions before taking the Hawaiian vacation home plunge.
Call or email Diana with questions about your favorite Hawaii Island neighborhood in North Kona or South Kona.
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Learn how to taste chocolate. Discover which chocolates taste best with fruit, wine or BBQ. Watch culinary students and professional chefs create and compete. Maybe meet a celebrity chef judge. Best of all, eat lots of chocolate at the Big Island Chocolate Festival May 2-3 at the Fairmont Orchid Hotel. The Big Island Chocolate Festival will sell out so don’t wait to buy tickets at the door. New this year: Fast Wine Pass. Yes you want this!