Coastal Carolina Homes Real Estate News

Coastal Carolina Homes Real Estate News is a great place to get market information on North Carolina Coastal Real Estate. You will also find out about what is going on here in our great state plus different activies and places to visit.

Aug. 18, 2019

Location Location Location

Half of buying a home is finding where you want to live. You may have found your dream house, but it might not be in your dream location.

Here's how you can find the perfect neighborhood:

Neighborhood Sidewalk

Check It Out Online
Look up what people are saying about the neighborhood you're interested in. Do people actually enjoy living there? What do they like and dislike about it?

Google the crime statistics for the area; safety should be top of mind. If you have kids, look up schools in the area. How are they rated? Social media platforms like Facebook and Nextdoor also offer a great window into the ins and outs of your potential neighborhood.

Scout It Out
Literally. Do drive-bys, and do them at different times of the day to get a feel for the neighborhood. Is there a soccer field or baseball diamond close by? You'll want to know before it's too late whether cars will be lined up on your street every weekend. What's that nearby intersection like during rush hour? Is there a grocery store close by? The more questions you can answer before moving in, the more confident you’ll feel when it’s time to put down an offer.

How Far Is Your Potential Home From Your Job?
A long commute has the potential to become an everyday stressor. If you take the bus, look up the route and times. If you drive, check out the route during your normal commute times on Google Maps.

Do Your Research on Property Taxes
Property taxes greatly differ from one region to the next and could majorly impact your cost of living. Do your due diligence and make sure you can afford the area you want to live in. Check out other costs of living while your at it—think utilities and food prices.

Aug. 18, 2019

Buying an Older Home

 
   
 
Thinking of Buying an Older Home? Here Are Some Things to Consider
decorative image
When searching for the next house to call home, there's a lot to consider. Opening your home search to older constructions can increase your options, however older homes may be harboring issues beneath the surface. Here are some things to consider (and have inspected) when purchasing an older home.

Foundation and Structural Issues
Due to their age, older homes should be inspected thoroughly for foundational and structural damage. Cracks or unevenness in the foundation can lead to moisture damage, dry rot, corrosion, and shifting of the house. According to Safewise, "Foundation repairs can escalate to over $10,000, depending on the extent of the structural issues - and homeowners insurance won't cover these costs." If you suspect structural damage, be sure to have the building inspected by a licensed structural engineer.

Electrical and Plumbing Issues
Many older homes have their original plumbing and wiring, as updating these systems can be costly. Keeping the original knob-and-tube wiring or the original cast-iron pipes, however, can be a serious safety hazard. Old electrical systems can cause a fire, and old pipes can cause leaks or weak water pressure.

Asbestos in Attic

Hazardous Materials
The older a home is, the more likely it is to contain hazardous materials, such as asbestos and lead. Lead is commonly found in paint applied before 1978 and in plumbing installed before 1985. Asbestos can be found in gas fireplaces, roofing, and insulation that was installed before 1980.

Outdated Heating and Cooling Systems
Older homes were likely designed for oil, coal or wood heating systems and later retrofitted with newer HVAC systems, so it's important to understand when and how these upgrades were made. Even a more up-to-date heating system can be inefficient and unsafe if it hasn't been maintained properly.

Houses with cooling systems are likely to be a bit newer, but outdated cooling systems are known to have their own issues. Common problems with older AC units include improperly working fans, reduced efficiency, refrigerant leaks, and electrical problems.

Termites and Bugs
Depending on where the home is located, termites and other bugs could be a major issue. The National Pest Management Association claims that termites alone cause around $5 billion in property damage yearly. The older the home, the longer it has been exposed to the chance of infestations.
Smart Ways to Save on Your Bathroom Renovation
decorative image
Looking to liven up your bathroom? Better set aside some big bucks. According to HomeAdvisor, "The average bathroom remodel costs $10,354." Don't panic, you can still get a fresh, new look at a fraction of the cost, with these money-saving tips and tricks.

Keep the same layout
You might want to chuck it all and start over with a completely new layout, but the cost of moving water lines could push your budget into no-man's land. According to HGTV's Scott McGillivray, "Moving the tub, vanity, or toilet will cost about $2,500 each."

Do your own tilework
Is the DIY spirit calling to you? Tiling your own bathroom floor and shower can be satisfying—and money-saving. Be sure to watch a tutorial or two first. It's also a good idea to practice your technique on a piece of MDF with inexpensive tile before jumping in.

If you are springing for professional installation, keep in mind that large-scale tile will provide savings.

Go garage sale-ing
Yes, you can find some great accessories at garage sales, Craigslist or Nextdoor, but keep your eye out for larger pieces, too. An old dresser can easily be turned into a vanity. Not only will this save you money, it will also bring character into the space.

Resurface
"An old tub or shower will surely show signs of aging eventually, but before you swap things out for new, which can cost a pretty penny, consider resurfacing," said Family Handyman. "Your tub or shower can be professionally resurfaced for much cheaper than buying new."

Look for leftovers
Stone yards, tile shops, contractors—they may all have leftovers you can purchase or even have. That countertop remnant could work perfectly on top of that vanity you have your eye on, and save you enough money to buy it!
 
 
July 31, 2017

Curious About Local Real Estate?

Receive the Lastest Local Stats


decorative image

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

 

 

 

 

 

 

Posted in Market Updates