Spring and Summer Home Maintenance Guide

March 8, 2010 by Erin Schedler · Leave a Comment 

If you live in the Northwest, here are maintenance jobs you should complete in spring and summer to prevent costly repairs and keep your home in top condition.

Certain home maintenance tasks should be completed each season to prevent structural damage, save energy, and keep all your home’s systems running properly. What maintenance tasks are most important for the Northwest in spring and summer? Here are the major issues you should be aware of and critical tasks you should complete. For a comprehensive list of tasks by season, refer to the to-do lists at the end of this article.

Because spring and summer tend to be relatively dry in the Northwest, it’s a good time to get outside and tackle home maintenance tasks. Apply your fresh spring perspective to all systems of your house, examining things carefully for signs of winter damage and performing routine yet critical preventive tasks.

Key maintenance tasks to perform
• Follow up on moss treatments for your roof. Assuming you applied anti-moss treatments in the fall, spring is a good time to touch up the job. Remove any remaining moss with a garden hose and a whisk broom. Whatever you do, don’t use a pressure washer; it’s much too powerful and can damage the shingles and force water underneath them, where moisture can rot sheathing and roof joists.

• Tackle vegetation while it’s still small. Spring is the best time to trim back shrubs and bushes that are close to the house. For trees, only do light pruning at this time of year, trimming back selectively at the branch tips (you’ll want to remove large branches and do major pruning only in the fall). Be sure to keep vines off the house :if you like wisteria, give it a trellis. Some vines may be attractive, but they can do costly damage to the exterior surface of your house by holding in moisture that causes rot, introducing insects, or even rooting into the mortar between bricks.

• Inspect the roof and chimney. Now is a good time to look for shingles that are missing, brittle, curled, or damaged. For safety, wait for dependably dry weather before walking on a roofing surface, or stand on the ground and examine the roof through binoculars. If minor repairs are necessary, expect to pay a roofing contractor $100–$350.

Check your chimney to see if it has sustained any damage to bricks, boards, and flashing. If you use your fireplace regularly, you need to have it cleaned or “swept” every two years by a chimney sweep certified by the Chimney Safety Institute of America. Chimney sweeping prevents flue fires and creosote buildup that might cause dangerous carbon monoxide to enter the home. Chimney repairs run $200 and up; a chimney sweep costs $75–$200.

• Check gutters. Even if you cleaned your gutters in the fall, they’ll likely need another once-over in spring. Be sure to check for areas where the gutters may have pulled away from the house, and for bent or twisted spots that allow water to puddle. You can usually make minor repairs to gutters yourself for $50 or less by adjusting brackets, gently hammering out bent spots, and replacing any damaged sections.

• Schedule your biannual HVAC check. In preparation for the cooling season, have your HVAC professional come for your air conditioner’s spring tune-up; expect to pay $50–$100. Ask him about the maintenance checklist he uses; it should include checking thermostats and controls, checking the refrigerant level, tightening connections, lubricating any moving parts, checking the condensate drain, and cleaning the coils and blower.

Duct cleaning, while it probably won’t hurt anything, is not necessary; be wary of contractors who want to coat the inside of the ducts with antimicrobial agents, as research has not proven the effectiveness of this method and any chemicals used in your ducts will likely become airborne.

Make sure your air filters are changed, and inspect and vacuum out all your floor registers.

• Flush your water heater. Sediment builds up in your water heater over time, particularly if you have hard water. This can compromise the heater’s efficiency and shorten its lifespan. Once a year, flush your water heater by attaching a garden or heater hose to the valve at the bottom of the tank (if you have a gas heater, be sure to turn the burner to the “pilot” setting first). Run the hose to the floor drain or outside the house and open the valve. Keep the water running through the heater until it runs clear.

• Check your GFCIs. A ground fault circuit interrupter (GFCI) protects you from fatal electrical shocks by shutting off the power whenever a disturbance in current is detected. They’re the electrical outlets with two buttons in the middle (“test” and “reset”) that should be present anywhere water and electricity can mix: kitchens, bathrooms, basements, garages, and the exterior of the house. The U.S. Consumer Product Safety Commission recommends monthly testing, which you’re more likely to remember if you make it part of your spring routine.

Test each GFCI by plugging a small appliance (say, a radio) into the receptacle. Press the test button, which should click and shut off the radio. The reset button should pop out; when you press reset, the radio should come back on.

If the radio doesn’t go off when you press the test button, either the GFCI itself has failed and should be replaced, or the outlet is wired incorrectly and should be repaired. If the reset button doesn’t pop out, or if pressing it doesn’t restore power to the radio, the GFCI has failed and should be replaced. These distinctions can help you tell an electrician what the problem is—don’t attempt the repair yourself if you don’t have ample experience with electrical wiring.

Spending a weekend or two on maintenance can prevent expensive repairs and alert you to developing problems before they become serious. Be sure to check out the comprehensive seasonal to-do list following this article, and visit the links below for more detailed information on completing tasks or repairs yourself.

Karin Beuerlein, HouseLogic.com

Will Prices Go Down Further?

March 8, 2010 by Erin Schedler · Leave a Comment 

Average Price Per Sale and Sold | King County Jan 09-Jan 10

The million dollar question! My take is that the Seattle area is not just one market. There’s the condo market, the first-time buyer/move-up market (generally under $700k) and the high-end market. The condo and high end markets are definitely still in favor of the buyer. I encourage my buyers’ in those price points to make a more aggressive offer, especially if the listing has been on the market over 60 days.

However, for the homes under $700k or so, buyers need to be prepared for some competition. With the advent of Spring, more and more homebuyers are out and about and ready to make offers. In turn, sellers are pricing their properties competitively and to market. It has not been uncommon to see homes in Bryant, Hawthorne Hills, Queen Anne, Ballard and similar neighborhoods see an offer the first week on market. It’s also not uncommon to see multiple offers either.

Here are some other reasons why Washington is showing signs of recovery:
1. Washington has an extremely strong economy: unemployment is under 5% and, according to the Washington State Office of Financial Management, we are projected to add another 2 million residents in the next 12 years.

2. Wasington has few subprime loans in danger of foreclosure so, contrary to what is happening in some states, we have significantly fewer “distress sales” or foreclosures.

3. The historic low mortgage rates are turning the market around. If you are renting, you are not alone. There are thousands of people just like you who want to buy a home and are just waiting to see what the market is going to do. As these people enter the market, supply will go down and the market will heat up (and already is).

3. The hist

2009 Cost vs. Value Report: Best Projects for Your Dollar

March 7, 2010 by Erin Schedler · Leave a Comment 

2009 Cost vs. Value Report: Small Projects, Big Bang

View Cost vs. Value Statistics for the Pacific Northwest

Judicious home remodeling is still worth the investment, according to Remodeling magazine’s annual “Cost vs. Value Report.”

Uncertainty and restraint are the order of the day in this economy, and that sense of caution is reflected in home owners’ return on their investment in remodeling projects, according to REALTORS® in 80 metropolitan markets surveyed by Remodeling magazine for this year’s Cost vs. Value Report.

 The majority of the 10 remodeling projects with the best return on investment nationally are a testament to pragmatism. Six of the 10 projects—siding and window replacement using a variety of materials—involve home maintenance that costs less than $14,000. 

Two more—adding an attic bedroom or a wood deck—reinforce the notion that boosting the amount of livable space in and around your home will attract buyers who are increasingly looking for more room for their buck. In past years, converting an attic into a bedroom was a project that landed squarely in the middle of the rankings, but this year it leapfrogged over other categories into third place. It’s an admittedly pricey project, with an average national cost of nearly $50,000, but it generates an average national return of 83.1 percent and a better-than-100 percent return on investment, according to REALTORS® in 14 of the 80 cities surveyed. Adding a wood deck is much more economical, with an average national cost of slightly more than $10,000. Its average national return is 80.6 percent, but in six cities, its return is estimated at 100 percent or greater.

 The six siding and window home maintenance projects in the top 10, combined with the project with the biggest return on investment—a mid-range entry door replacement—prove something that every sales associate tells sellers throughout the country: First impressions count. A mid-range entry door replacement, a project new to the survey this year, is the only home remodeling project that REALTORS® expect to generate a full return for the money nationally. It’s the least expensive of the 33 projects included in the analysis, yet it brings a whopping average national return on investment of 128.9 percent. It generates a better-than-100 percent return in 48 of the 80 cities, according to REALTORS® surveyed, and in several cities, its return is estimated at more than double its cost. 

Additional data prove the value of restraint. Upgrading kitchens and baths is still a smart bet. However, home owners will recoup the greatest share of their costs by foregoing super-deluxe projects in favor of mid-range kitchen and bath remodels. A mid-range kitchen remodel brings an average 72.1 percent return on investment, while an upscale kitchen re-do returns only an average of 63.2 percent of the money invested. A mid-range bathroom project has an average 71 percent cost recovery, but the average recovery on an upscale bathroom project is nearly 10 points lower, at 61.6 percent.

The only upscale projects that cracked the top 10 were the home maintenance projects of fiber-cement siding replacement and vinyl window replacement. The average cost of fiber-cement siding is more than $13,000, but its return on investment reached 83.6 percent, placing it squarely in second place in the survey. The average cost of vinyl window replacement is nearly $14,000, and it generates an average return of 76.5 percent, or tenth place in the survey. Of the 12 upscale projects, nine landed in the bottom half.

 Overall, home owners recouped an average of 63.8 percent of their investment in 33 different home improvement projects, according to REALTORS® who responded to the survey. The expected cost recoup was generally down from previous years in line with the drop in home prices nationally (see page 23). The return on home owners’ investment in remodeling projects has declined an average of 3.5 percentage points between 2008 and 2009. That’s down from the 2.7 point drop between 2007 and 2008 and much less than the 5.5 point drop between 2006 and 2007 and the 10.5 point drop from 2005 to 2006. 

Zooming in from the national to the city level, Honolulu sits atop the rankings for having the most projects—18—that generate at least a full return on investment. In Honolulu, adding a wood deck, completing a minor kitchen remodel, adding fiber-cement siding, and replacing an entry door bring the highest returns, ranging from 121.1 to 195.3 percent return on investment. San Francisco is closest behind with 10 projects generating at least a full return on investment. Adding a master suite, doing a minor kitchen remodel, and replacing an entry door have the biggest returns, producing between 112.2 and 119.1 percent return on investment.

 One surprise: Despite the common perception that contractors are hungry for work and therefore willing to wheel and deal, the average national cost of every project surveyed has gone up, though at a slower rate than in the previous year.

Copyright G.M. Filisko, RealtorMag.com

Wallingford Craftsman | March 2010

March 7, 2010 by Erin Schedler · Leave a Comment 

Wallingford Craftsman
For a private showing, email Erin Schedler or call 206-799-9176.

10 Big-Impact, Low-Cost Remodels

March 7, 2010 by Erin Schedler · Leave a Comment 

10 Big-Impact, Low-Cost Remodeling Projects

Here are budget-minded enhancements you can do to make your home stand out. (Article from RealtorMag.com)

 1. Tidy up kitchen cabinets.

“Potential buyers do open kitchen cabinets and look inside,” says Morrissey. “Home owners can add rollout organizing trays so when buyers peek in, they feel like there’s lots of room for their stuff.”

 2. Add or replace tile.

“By retiling very inexpensively, you make a room look way cleaner that it was,” says Javier Zuluaga, owner of Home Repairs and Remodeling LLC in Tempe, Ariz. “Every city has stores that offer $1 to $2 tile, so home owners have to pay only for the low-cost tile and labor to replace a dated backsplash or add a new one. We also use inexpensive tile to upgrade bathrooms.”

 3. Add a breakfast bar.

When a wall separates a kitchen from a family room, suggest cutting out an opening to create a breakfast bar. “In one home, there was a cutout in the wall between the kitchen and living room,” explains Matthew Quinn, a sales associate at Quinn’s Realty & Estate Services in Falls Church, Va., who handles estate and real estate sales for family members whose loved ones have passed away. “We left the structure of the cutout, added an oversized granite breakfast bar, and put chairs in front of it. That cost about $600.” 

4. Install granite tile instead of a slab.

“Everybody is hot for granite kitchen countertops, but that can be a $5,000 upgrade,” says John Wilder, a general contractor and owner of Fence and Deck Doctor in New Castle, Ind. “Instead, home owners can put in 12-inch granite tiles for about $300 in materials and get very high impact for little money.” 

5. Freshen up a bathroom without retiling.

“With a dated bathroom, I recommend putting in a new medicine cabinet for $100 to $150, light fixtures for about $100, a faucet for $50 to $75, and a vanity for $200 to $300,” says Wilder. “And instead of replacing the tile, the existing grout can be lightly scraped and regrouted, which leaves a haze that can be buffed out and will make the tile look brand new. Also install glass shower doors. A French door adds a lot of panache and elegance for $250, and people will notice the door, not the tile. With all that, you’ve done a bathroom remodel for $1,000 to $2,000.” 

6. Freshen up the basement.

“If home owners have cement block or poured concrete walls in the basement, suggest they have a contractor fill in cracks with hydraulic cement and then paint with waterproofing paint,” recommends Wilder. “They can then add a top coat to add color. They can also paint the basement floor with a good floor paint, which spiffs it up. The basement may not be finished, but it’s no longer a damp dungeon.”

 7. Add a room.

Look for large spaces that can be enclosed to create a new bedroom for just the price of creating a wall. “One time, we closed off a half-wall to an office and added a door to the other side of the room, thus creating another bedroom,” says Quinn. “That $400 procedure, which took a contractor one day, netted about $40,000 in the sales price.” Zuluaga has also added bedrooms inexpensively. “In a two-bedroom house, there was an archway that led to a third room that was used as a den,” he explains. “It had a dry bar where there would have been a closet, so we took out the dry bar and created a closet so the owners had a third bedroom.”

 8. Spruce up cabinet fronts.

Suggest home owners update tired-looking kitchen cabinets. Reconditioning is the least expensive move for under $1,000. “If the wood is starting to look shabby from use or contaminants in the air, we take out the nicks and scratches, recondition it with oil, and put new hardware on,” explains Heidi Morrissey, vice president of marketing and sales at Kitchen Tune-Up in Aberdeen, S.D. For $1,500 to $4,000, owners can replace the cabinet doors and drawer fronts, and for $4,000 to $12,000, they can have all the cabinets refaced. “With refacing, owners can change the color of the cabinets by replacing the door and having a new skin put on the boxes,” says Morrissey. “If they have oak cabinets today, they can have cherry the next day.”

 9. Replace light fixtures.

“In a foyer and in bathrooms and kitchens,” says Wilder, “replacing overhead light fixtures provides a lot of pop for a little money.” If the kitchen has track lighting, Zuluaga suggests the home owner spend $450 to $600 to have an electrician replace it with recessed canned lights on a dimmer switch to add ambience. For about $700, Zuluaga also suggests installing pendant lights over a kitchen island or peninsula.

10. Tech-up the garage.

“Sometimes we replace the garage door opener with a remote touchpad entry system,” says Zuluaga. “That costs about $425 and makes it look like a high-end system.”

By G.M. Filisko, RealtorMag.com March 2010

Madison Park Stats | March 2010 YTD

March 7, 2010 by Erin Schedler · Leave a Comment 

Thank you Trendgraphix!  Below are some interesting charts and graphs for Madison Park, year-to-date. 

For Sale vs. Sold

Days on Market Sold/List Price %

Months of Inventory | Madison Park March 2010

Factors to Consider When Pricing Your Home

March 7, 2010 by Erin Schedler · Leave a Comment 

Physical characteristics of the house:

• Location
• Age
• Size of house and lot
• Physical condition
• Architectural style and floor plan

Competition:

• Number of properties available
• Their prices and terms
• Their location and physical condition
• How long they’ve been on the market

Market conditions:

• Interest rates
• Availability of financing
• Qualified buyer demand
• Prices of recent sales
• State of the economy
• Seasonal demand

Other factors:

• Seller’s motivation to sell
• Seller’s original purchase price
• Seller’s need for cash
• Opinions of others

Madison Park Open House This Sunday!

March 6, 2010 by Erin Schedler · Leave a Comment 

Visit my open house this Sunday, 1-4pm! 

1620 38th Ave E, Seattle, WA 98112

In the center of Madison Park yet elevated just enough for lake and mountain views! Enjoy the lifestyle many want but only few can achieve! Main level boasts gourmet kitchen with Wolfe, Sub-Zero, Dacor & Cornerstone Quartz, sunny family room and huge deck off kitchen, formal LR & DR. Two full stories with finished basement and over-sized built-in home office and library/media room. All four BRs up. Spa-like master bathroom with heated floors. Perfect for entertaining! This home has it all!

Call 206-799-9176 for more information or email erinschedler@cbbain.com

Tax credit extension information

March 1, 2010 by Erin Schedler · Leave a Comment 

See below for information on the tax credit.  Deadline extended to April 30, 2010! First-time buyers and move-up buyers eligible (with some income restrictions).

tax credit info

Just Sold! 5713 65th Ave NE (Windermere)

October 16, 2009 by Erin Schedler · Leave a Comment 

Original list price:  $2,200,000

Total Days on Market:  236

Price Reductions: 3 Total ($2,000,000; $1,850,000; finally $1,599,000)

Closing (sale) Price:  $1,485,000

Price Per Square Foot Sold: $320

I think the final price of this property may in fact be over market value.  I know compared to the original price, that seems extreme.  However, for a high-end home such as this one, that needs a complete cosmetic overhaul — the sale price is a good one.

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