Saturday, January 26, 2008

Just exactly what is curb appeal anyway?

I was in the grocery line having a conversation with someone who noticed I was a professional home stager. I gave him my card and told him to call me when he was ready and suggested that in the meantime he could start working on his home's curb appeal. He smiled and asked me, "Just exactly what is curb appeal anyway?" So let's talk curb appeal and how to turn it up.

At the start of every staging project is a well thought out staging plan based on the seller's budget. It is my job to guide the seller in making decisions as to how to divvy up the money, what to spend where to maximise the return. I always start with the curb appeal.

When my husband and I were in the market for a home we spent a great deal of time scoping out the areas we liked. We would ride though by day and by night trying to get a feel for the vibe of the neighborhood. On weekends we would frequent the local pub and coffee shop. Afterwards we would walk up and down the streets and imagine what it would be like to live there. I think all buyers are the same.

Then you see an adorable house that just draws you in from the street and you are intrigued enough to call for an appointment. That is what curb appeal is. Seducing a stranger from the street to want to see the inside of your house so they can decide if they would like to make it their home.

The view from the curb is the first chance you have to make a great impression. Here are some questions and suggestions to help you evaluate your own curb appeal; What does your yard look like? Are there weeds, does it need to be mowed, are the edges trimmed neatly? Is the house blocked from view by overgrown bushes and trees? Are the flower beds in need of mulch and some plantings?

What does the path to the front door look like? Maybe I should ask if there is a path to the front door? Is it well defined, well lit, and safe. I have seen homes with a cobble stone pathway so uneven and in need of leveling that you truly risk breaking an ankle to navigate it. I have seen homes with no pathway, nothing but a ditch stands between the front door and where you park. That is usually because the sellers use the back door, but showing a home via the back entrance can be a costly mistake.

If you are lucky enough to have curvy walkway, highlight it with flowers or lanterns. If your front elevation is all garage, try to guide buyer eyes into a well landscaped yard or paint your front door red to draw attention away from the garage.

Does the paint look good? Does the house need washing? Are the gutters falling off or full of dead and decaying leaves? Is the roof in good shape? And how about that driveway? When your home is on the market always park in the garage, if possible leave the driveway empty.

What are the steps like on the porch, the railings, and the front door itself. Buyers spend too much time at the front door while the agent opens the house to have it anything but pristine. A freshly painted front door tells the buyers that the house has been cared for. No spider webs, rotten wood, dead plants, peeling paint, rusty fixtures or soggy faded mats. No worn wreaths or tattered holiday flags. Make sure all glass sparkles, same goes for door handles and kick plates. Are the house numbers missing? What does the mailbox look like? Go out there and stand for a moment, you may be amazed at what you see if you can look through the buyers eyes.

Always have a flowering plant or evergreen bush in a pot at the front door, it makes for a nice welcome. Is there room for a rocking chair or two, a Adirondack chair and a small table? Set the scene, outdoor spaces are important and when they are defined buyers see it as additional living space that will garner your home extra points. Window boxes and shutters add tons of curb appeal. Install uplights to enhance the view at night, light the corners of the house, the front door and maybe even a nice tree in the yard. Keep the outside lights on while on the market, buyers will drive by at night.

Curb appeal is a biggie, don't overlook the value of the effort it takes to make yours great.

Thursday, January 17, 2008

Color trends

Check it out, some excellent suggestions for paint colors courtesy of the Canadian Benjamin Moore site. If you are staging to sell then lean toward the lighter versions, it's all about the buyer. If you are staging to dwell then go for it, it's all about what you love.

Colours for Your Home 2008 Click to go to their site.
Modern Tranquility
Home is an oasis of renewal. Haven, sanctuary, refuge - home is a wellspring of replenishment, a soothing respite from modern day clamour. A gossamer palette of hushed neutral hues evokes a sense of spaciousness with its quiet suggestion of colour. Clean lines, sumptuous textures and translucent elements that capture and reflect light, bestow spaces a luminous weightlessness that is both calming and expansive.Colours:OC-87 capri coast • 2133-60 sidewalk gray • CC-518 escarpment • HC-78 litchfield gray

Organic Comfort
The repetitive cycle of nature comforts through its rhythmic essence. Environmentally astute, we seek to create spaces that shelter and integrate us within the environment, rather than from it. The tactile qualities of raw silk, linen, bamboo, and stone engage our senses with an organic aesthetic. The colour palette is a celebration of nature’s own; earthen hues with golden, sunlit undertones, deep, rich bark with fresh sprigs of green peppered throughout.Colours:thousand islands CC-308 • great plains CC-334 • sulfur yellow 2151-40 • metropolis CC-546

Pure Opulence
Deep within the earth’s core lay the elements for some of its most vibrant palettes. Rich, mineral hues polished to gem-like brilliance. These are colours that make a statement, whether tucked in a wall niche or announcing their presence in a grand entrance. Equally dramatic and playful, these colours seamlessly showcase stunning architecture and room accents as easily as they can perform as a design element in their own right; a daring vision of breathtaking colour splendour.Colours:rockport gray HC-105 • black raspberry 2072-20 • cork 2153-40 • lemon ice OC-114

Wednesday, January 09, 2008

10 Showings...

How many times should my house be shown before I see an offer? As a Stager I get this question often. I put on my Stager's hat and my Broker's hat when I answer. 10 times max. If your home has been shown 10 times to qualified buyers and you have not gotten an offer, there is a problem!

Problems fall into 2 categories in my book. Price and condition.

Location, road frontage, school districts, number of bedrooms and baths and all such as that will fall under pricing. Proper pricing will overcome all of those problems. For that matter, with a low enough price even poor conditioned properties will sell eventually.

Condition is where staging comes in. Staging will accent the positive and make sure the buyer sees it while simultaneously correcting and diffusing the negatives. Staging will "out" hidden square footage, define spaces that have no clear function, and in general speak to the buyer on an emotional level so he/she/they can connect with the property. A large portion of staging is about editing out the visual noise so that the buyer is not distracted from the actual house.

So the answer is 10. If your house has been shown 10 times and you do not have an offer, take the time to figure out which problem is stopping the sale. Or could it be both? Price and condition are definitely linked, so don't drop the price without being sure that is the problem.

Often the solution is to stage a home to support the sales price. Getting the positives out there front and center will impact the price. Sometimes it is a combination solution that will reclaim the marketing momentum, staging and a smaller price reduction.

There is a saying in the Staging industry that is so true, "Staging is always less than the first price reduction." Price reductions are of highest value to the buyer when they impact the monthly payment. In order to do that a price reduction will often be $10,000 or more. In more expensive homes it is not out of the ordinary to hear of price reductions of $40,000 or $50,000. Staging is a much more affordable option and offers the added value of the opportunity for a quicker sale to boot. Shorter days on the market mean much less hassle and headache for the agent and the seller. In my book that qualifies as a WIN-WIN!