Vermont Home Selling

Island Insights: Top 3 Real Estate Tech Trends

In the past year, the reliance on technology has increased immensely and the real estate industry is no exception to this dependence. Incorporating cutting edge tech trends such as drone photography, virtual tours, and HDR photography into a home's marketing plan will ensure that your home gets noticed fast. 

1. Drone Photo and Video

Aerial photography is changing the real estate game! Drone photography is crucial to fully capture unique lakefront homes. According to MLS, Homes with aerial photos sold 68% faster. Whether it's a waterfront home or a unique inland property, aerial shots ensure that your home will get noticed. 

2. Virtual Home Tours

Popularity among home tour videos has increased immensely due to buyers not being able to physically go to showings. Walkthrough virtual tours give buyers detailed information about the property to give you a realistic layout of the space and offerings. This also allows buyers to preview multiple homes in a short amount of time to decipher which homes they would like to go see in person. 

HDR Real Estate Photography

3. HDR Photography 

High Dynamic Range photography is a technique that involves shooting multiple images of the same scene at different exposure values and then merging them together to create a seamless scene. Photos are the first impression of your home so it is paramount to have great images that capture the character, main features, and layout of your home. This, coupled with light editing, makes homes stand out online while maintaining its true depiction!

Every home is unique and the marketing efforts must reflect that. At CBIR, we stay on top of the latest real estate trends and create a personalized marketing plan to ensure that your home stands out. Learn more about our 360 Marketing Plan

Island Insights: 3 Ways to Boost Your Home's Curb Appeal

Island Insights Newsletter Graphic

First impressions are everything and the exterior of a home can set the tone for a potential buyer. Whether you're thinking of putting your home on the market or trying to spruce up the exterior of your home for the summer, these small changes can have a big impact.

Vermont Colonial Home with Manicured Lawn

1. Maintain Your Landscaping

Make sure to regularly prune any shrubs against and around your home. As they become overgrown they can block your windows. This trick will also help to showcase your windows and allow more natural light to shine through. Another tip is to keep an eye on the landscaping leading up to the house. Dig out or cut back any species that might be overflowing onto your walkway.

Front Door with Wreath Curb Appeal Inspiration

2. Freshen Up Your Front Door

Throw a fresh coat of paint on your front door to drastically improve the appeal of your home from a distance. Maintenance is often required with painted doors, so whether you're touching up an existing color or introducing a vibrant new hue both will achieve a sought after exterior appearance. Also, consider hanging a seasonal wreath or adding a couple of planters onto the front porch or the steps.

Vermont Summer Lake House

3. Hide Unnecessary Clutter

An easy way to spruce up your front yard is to remove items that are not necessarily meant to be on display. Relocate your gadgets and equipment such as any tools, lawnmowers, or toys that may be laying around in plain sight. While tidying up outside, take the time to clean out your gutters. This chore is not only important to clean them for the exterior, but also for your home’s general maintenance.

These 3 tips will help spruce up the exterior of your home for summer or to get it ready to sell! If you would like a professional opinion of ways to improve your home please contact us for a personal home consultation with no cost or obligation.

Vermont Market Update: May 2021

The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for May 2021. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.

As the weather warms and pandemic restrictions ease across much of the country, the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows. Nationwide, inventory remains much lower than it was at this time last year, and sales prices are surging as a result.

New Listings increased 2.7 percent for single-family homes but decreased 8.4 percent for townhouse-condo properties. Pending Sales increased 0.4 percent for single-family homes but decreased 4.7 percent for townhouse-condo properties. Inventory decreased 49.8 percent for single-family homes and 62.3 percent for townhouse-condo properties.

The Median Sales Price was up 20.6 percent to $380,000 for single-family homes and 8.3 percent to $259,950 for townhouse-condo properties. Days on Market decreased 63.1 percent for single-family homes and 60.8 percent for townhouse-condo properties. Months Supply of Inventory decreased 56.7 percent for single-family homes and 66.7 percent for townhouse-condo properties.

With such limited supply of existing homes to purchase, all eyes are on home builders to provide a much-needed boost of inventory to the market to help meet buyer demand. However, increasing material and labor costs, along with supply chain challenges, have contributed to significantly higher construction costs, with builders passing these costs on to homebuyers. And while the warmer temperatures, rising sales prices, and the reopening of the economy may draw more sellers to the market, historically low levels of homes for sale are likely to continue for some time.

If you're thinking of selling your home you need an agency who can help you navigate this fast paced market. Contact one of our local realtors to learn more.

Vermont Real Estate Market Report May 2021

Coldwell Banker Islands Realty: Proven in the Numbers

Summer selling season is heating up and there is no sign of it slowing anytime soon. In Grand Isle County, there have been 57 residential homes sold to date, a total of 77 listed, with an average sale price of $420,192. Currently, there are 36 active listings in Grand Isle County. The historically low inventory of homes for sale makes this a great time for homeowners to take advantage of one of the hottest real estate markets we’ve ever seen!

 

 

 

 

 

 

 

 

 

 

Our niche lakefront marketing strategies are proven in the numbers and have led us to dominate the lakefront and second home market in Grand Isle County. In 2020, we transacted over  $43.5 million of real estate sales in Grand Isle County!   From 2017-2020, we have seen a  27% average annual growth rate. Our systems drive results and we continue to innovate ways to uniquely market your home. 

Coldwell Banker Islands Realty has the marketing power, global reach and local expertise to get your home noticed by interested buyers. Our award winning Realtors are experts in the communities they serve and they will advocate for you throughout the sale of your home. 

Ready to get noticed? Coldwell Banker Islands Realty delivers exceptional marketing programs that drive results. Schedule a complimentary home consultation with a local real estate expert today! 

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The Ultimate Fall Home Maintenance Checklist

ultimate fall home maintenance checklist

 As the cold weather sets in, you should take several steps to prepare your home correctly. Doing routine home maintenance can help you avoid costly repairs as well as prepare and budget for updates that might be needed. Save yourself the headache in the spring, and take the steps below to winterize your home.

1. Seal cracks around windows and doors.

This will help prevent drafts and keep the heat shut inside.

2. Clean your gutters.

Cleaning your gutters every fall has numerous benefits. This task prevents water damage and rot, a place for pests to nest, plus it helps the overall lifespan of your roof and foundation. 

3. Inspect your roof.

Make sure to examine your roof. Look for any damage such as missing shingles or cracks and get them repaired before the snow falls. If you ignore these issues, the harsh winter months could exacerbate what was once minor damage. 

4. Trim trees and bushes.

Cut back any overgrown bushes or large unsteady branches that could break off near the roof or home. 

5. Test smoke and carbon monoxide detectors. 

To make sure these detectors are working properly, take the time to check the function and replace the batteries if need be.

6. Have your chimney or fireplace serviced.

Before the cool weather arrives, it is best to have your chimney and fireplace cleaned before running. Not only is this good fire safety practice, it will clear out any critters that may have found their way in.

7. Remove window screens and screen doors.

This will help the longevity of your screens. Also, consider installing storm windows and doors. 

8. Winterize summer power equipment.

Store away the lawn mower and bring out your snowblower. While you are doing this, test out your winter equipment to make sure there are no issues before the first snowfall. 

9. Cover or store away outdoor furniture.

You most likely will not be using your hammock so, to protect your outdoor furniture from the winter elements we recommend covering them or storing them away. 

10. Shut off faucets and drain hoses or sprinklers.

If there is any access water in the faucet or hose it will freeze and possibly burst causing more damage. Ensure that the water is shut off and put away any hoses to prevent this.

For more home maintenance tips or advice on what to do before you list this fall, get in touch with a Coldwell Banker Islands Realty Agent.

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