Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 225

227 Landmark Dr: Landmark Estates End-Unit Townhouse!

by The Hat Team

227 Landmark Drive, Montgomery, AL 36117

MLS# 572672

3 Bedrooms | 2 Baths | 1,662 Square Feet | Landmark Estates

Play VisualTour

Welcome to 227 Landmark! This end-unit townhouse features a first-floor main bedroom, and spacious living/dining room combo. Upstairs are two more bedrooms, sharing a split bath with 2 vanity/dressing areas. Additional storage in walk-in attic space off front upstairs bedroom. Rear has private enclosed patio and attached storage room for your garden tools. Great location, close to shopping, dining, and entertainment. Relatively new HVAC, new water heater, fresh paint, new carpet upstairs!

Marketed by Montgomery AL Realtor, Billy Young, Sandra Nickel Hat Team!

The Pros & Cons of Renovating Before Selling

by The Hat Team

If you are preparing to list your house for sale, you may be wondering if the financial reward will be worth the time, effort and money to fix up things that are in disrepair or that are dated. The answer to that question depends on a myriad of circumstances such as the current real estate market, the condition of competing inventory and whether the renovations that need to be made generally provide a return on investment.


Some home buyers are looking to purchase a “fixer upper”.  They are looking for properties priced to sell, perhaps because they don’t qualify for more expensive homes or maybe because they want to make a profit by fixing the home themselves. Most fixer buyers want to do simple repairs such as painting walls, replacing light fixtures and putting in new carpet.

Only a few want to take a house down to the studs and completely redo it.  These potential buyers will want a price for the home that will allow for all the repairs, the inconvenience of doing the work, and often a bit more.

For example, if a home is worth $200,000 fixed up but needs a new roof, and the roof costs approximately $10,000, a buyer most likely will not offer $190,000 for this home. The reason is that they can probably find a similar house that already has a new roof for $200,000 and save themselves the headache of replacing it themselves.  A buyer in this situation might offer $175,000 or less, in which case it would make more sense for the seller to replace the roof and sell it for $200,000.


It’s important to note that many buyers are looking for “turnkey” homes. They fear having to make major repairs because they might be costlier than anticipated or other problems might be revealed. Even if the price is right, homes listed for sale in “as is” condition might not attract as many buyers.

However, before doing major renovations, there are many things to consider. Smart sellers will research what their home’s market value will be once improvements are made and compare it to the cost of the renovations. If an upgrade won’t provide a return on the investment, it probably doesn’t make sense to do it.  Knowing the condition of your competition is helpful. For example, if other homes for sale in your neighborhood all have modern kitchens, it might make sense to update yours. This doesn’t mean you should tear it down and start from scratch. Often a minor kitchen remodel will suffice.

Also, keep in mind that kitchen and bathroom remodels are known to bring the best return on investment.

Start by making a list of the things in your home that are dated or in disrepair and then prioritize.  Here is a list of 10 minimum improvements to make before putting your house on the market:
 

  • Patch all holes and cracks in walls and ceilings.
  • Fix all appliances and HVAC systems.
  • Repair leaky faucets.
  • Replace worn carpeting.
  • Repaint dark or marred walls in neutral colors (not white).
  • Replace broken windows.
  • Repair the roof.
  • Change dated light fixtures/ceiling fans.
  • Replace old linens/window coverings.
  • Fix any code violations.


If your real estate market is a sellers’ market and homes are moving quickly, you can get by with fewer fixups, however a home that needs repairs will still deliver a lower price. If it’s a buyers’ market, people might not even be willing to look at homes that need repairs.  An experienced professional Realtor like Sandra Nickel can assist you in determining if renovating your house will benefit you when selling.

If you are in the market to buy or sell a home or both, let me, Sandra Nickel, and my Hat Team of Professionals assist you with all your real estate needs! Call us today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information.

1948 Graham St: Adorable Old Cloverdale Cottage!

by The Hat Team

1948 Graham Street, Montgomery, AL 36106

MLS# 572092

3 Bedrooms | 2 Baths | 1,410 Square Feet | Cloverdale

Play VisualTour

This adorable Old Cloverdale cottage is just a few blocks from Cloverdale's happening dining and entertainment district! Step inside and discover a unique and wonderful open plan perfect for entertaining! Kitchen and bathrooms have been nicely updated over the years, making this practically move-in ready. Large primary bath features double vanities, walk-in shower, and walk in closet. Out back is a large concrete patio perfect for a fire-pit and grill, plus a wired workshop/storage building that would be ideal for he/she-shed, studio, and great storage. Come check this one out before it's gone!

Marketed by Montgomery AL Realtor, Billy Young, Sandra Nickel Hat Team

Understanding the Three Types of Home Values

by The Hat Team

Whether you are selling a home or buying one, you are going to want to know the value of the home so that you can determine the selling price or if the sale price is appropriate. But what you may not be aware of is that there are 3 different types of home values. It may be confusing to you when trying to determine what the true value of the home is.


Let us break it down for you so that you will understand the 3 types of home values and what they mean.

ASSESSED VALUE

The assessed value is the assigned dollar value of your home used by local tax assessors to determine property taxes. Tax assessors calculate assessed value based on various factors, which may include the appraised value and the fair market value, as well as any home improvements, whether you generate income from the property, and any tax exemptions. The assessor will give you a figure that is commonly a percentage of what they perceive the value to be. Because property taxes are based upon assessed value, ideally, this figure will be lower. It should be close to your actual market value, but frequently it is not.

APPRAISED VALUE

When you are refinancing or purchasing a house, an appraiser will be hired to determine the value of the house in question. They will use the same process that real estate professionals use to determine the fair market value. A licensed appraiser will consider the location, size and condition of the home along with any renovations that have been completed. They will walk through the home and compare it to others with similar amenities and improvements in the area that have sold. Most appraisals will include a construction or replacement cost that is used for insurance purposes.

FAIR MARKET VALUE

Fair market value is what a home is worth based on the current market climate. It encompasses how a home looks to prospective buyers compared to other homes in the area. It takes into consideration the sale prices of homes that are similar (same number of bedrooms, square footage etc.) A real estate agent will start by looking at “comps” to figure out what buyers have been willing to pay for properties comparable to yours. Other things that help determine fair market value are whether it is a seller’s or buyer’s market and how much inventory is available.

Because these different types of values can be subjective, it is vital to make sure you are looking at a comprehensive overview when trying to determine the value of the home you are selling or buying. An experienced Realtor like Sandra Nickel can assist you with this process by providing a comparative market analysis.


If you are in the market to buy or sell a home (or both), let me, Sandra Nickel, and my Hat Team of Professionals assist you with all your real estate needs! Call us today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information.

1877 Hill Hedge Dr: Mid-Century Modern Ranch in Midtown!

by The Hat Team

1877 Hill Hedge Drive, Montgomery, AL 36106

MLS# 568414

3 Bedrooms | 2 Baths | 1 Half Baths | 1,858 Square Feet | Hill Hedge

Play VisualTour

Check out this mid-century modern ranch conveniently located in Midtown! This home has a nice floor plan with granite and stainless appliances in the kitchen, an open living room/ dining room with stone fireplace, primary bedroom suite, two nice sized bedrooms and the middle room (currently used for dog grooming) would make a great den or playroom. Hard wood floors throughout, built-in bookshelves and original tile in all three baths. The laundry room is located off the kitchen and the half bath is off the laundry room. Good sized fenced in back yard. Perfect for a first-time homebuyer or investor.

Marketed by Montgomery AL Realtor, Lauren Keen, Sandra Nickel Hat Team!

15 Nottingham Way, Millbrook, AL 36025

MLS# 569991

4 Bedrooms | 2 Baths | 1,700 Square Feet | Sherwood Forest

Play VisualTour

Welcome to this practically brand-new home in the Sherwood Forest neighborhood! Built in 2023, this 1,700 square foot home offers the perfect blend of modern convenience and country charm, just minutes away from local restaurants, businesses, and the future Millbrook Sports Complex! Step inside to a bright and spacious open floor plan with 10-foot ceilings and an abundance of natural light. The great room invites you to relax and entertain, with French doors leading out to a private patio. The great room flows into the eat-in kitchen, complete with stainless steel appliances, beautiful countertops and a tile backsplash. This home’s thoughtful design includes a split floor plan, offering privacy and comfort for everyone. The secluded primary suite has tray ceilings, a large walk-in closet, and an en-suite bath featuring a double vanity, garden tub, and separate shower. Three nicely sized additional bedrooms provide plenty of space for family or guests. Efficiency meets style with features like vinyl plank flooring, a fireplace that’s wired for a flat screen tv, stainless steel energy star rated appliances, LED light fixtures, energy-saving spray foam insulation, Low-E windows, and a heat pump hot water heater. A two-car garage ensures easy access for parking and makes unloading groceries a breeze! Rest easy knowing everything in this home is less than two years old and was built with energy efficiency in mind!

Marketed by Montgomery AL Realtor, Ali Bertschy, Sandra Nickel Hat Team!

704 Felder Ave: Stunning Old Cloverdale with an Open Floor Plan!

by The Hat Team

704 Felder Avenue, Montgomery, AL  36106

MLS# 568897

4 Bedrooms | 3 Baths | 1 Half Bath | 3,250 Square Feet | Cloverdale

Play VisualTour

Classic Old Cloverdale at its finest! Situated on the corner of two of the most iconic streets in the neighborhood, this stunning home awaits its new owner. The open floor plan is adaptable to a variety of lifestyles and is ideal for entertaining. The fabulous kitchen has marble countertops, a new copper faucet, all new appliances, a Boos butcher block island, new built-in cabinetry with coffee bar and laundry. The butler's pantry cabinets are all new and include a charging station. Enjoy the stained-glass accents as you walk up the gorgeous staircase. The primary suite has a beautiful marble bath with a walk-in closet. The other large bedroom is set up as a family room/playroom. There is a guest room downstairs and a half bath under the stairs. French doors lead from both the living room and dining rooms onto a new stamped concrete patio, driveway with turnaround and double carport with storage room/workshop. There is so much natural light in this stunning home that you must see for yourself! Walking distance to restaurants, shops and entertainment.

Marketed by Montgomery AL Realtor, Lauren Keen, Sandra Nickel Hat Team!

Planning to Sell Your House in 2025? Get Organized Now!

by The Hat Team

If you are planning to put your house on the market this year, there is no time like the present to start getting organized for the process of staging, showing and moving out of your home.


Begin now by following the tips listed below and you won’t feel so overwhelmed when it’s time to put your house on the market!

  • ELIMINATE PILES 

Some of us suffer from “flat surface syndrome”. If there is a flat surface, it’s covered with “stuff”. Now is the time to eliminate any of the “stuff” cluttering the horizontal surfaces in your home. Things such as mail, papers and other odds and ends that are piled on the tops of tables, desks and shelves should be removed.

  • CLEAR OUT STORAGE SPACES

If your closets, bookcases, pantry, and other storage areas are overstuffed, this is a red flag for potential buyers that screams, “not enough storage!”. Keeping a minimum number of items in your house will leave the impression that there is a generous amount of storage in your home.

  • ELIMINATE EXCESS

Get rid of or pack up excess items that you won’t need before you move. For example, only keep enough dishes, towels, sheets, toys etc. that you will use during the time your house is for sale. Why have ten sets of sheets in your linen closet when you will only need one or two?

  • REMOVE SEASONAL ITEMS

Pack away things that are only used during other seasons. If you are selling in the spring/summer, pack away your fall/winter clothes. You can also pack away off-season holiday items.

  • THROW THINGS AWAY

If it’s worn out, broken, rusty, stained, torn or incomplete, it is time to let it go. If your belongings look shabby and old, your house will look that way too. Don’t hesitate to throw such items away.

  • DONATE ITEMS 

When you are cleaning and sorting items, if you come across things that you don’t use now and won’t use in a new home, donate them. There is no point in packing and moving something you will never use. But if it’s in good shape, someone else will get use out of it.

  • SELL BEFORE YOU SELL

If you find that you have many items to eliminate from your home, think about selling what you don’t store, throw away or donate. You can sell at a yard sale, bring items to a consignment shop, or list items online. But, have reasonable expectations regarding how much money you can make; don’t overprice. Remember the goal is to dispose of as many things as possible.

  • RENT A STORAGE UNIT

Move large items/equipment that you don’t use often to a storage unit. It can also provide space for packed boxes to give you a head start in preparing for your move.

  • IMPROVE CURB APPEAL

Remove any clutter (toys, lawn ornaments, garbage bins) from your yard. The outdoor spaces provide the first and last impression for potential buyers and as such, it is important that they look neat and tidy.

Moving can be stressful, so don’t wait to start preparing.  Get a head start before putting your house on the market!

If you are in the market to buy or sell a home (or both), let Sandra Nickel and her Hat Team of Professionals assist you with all your real estate needs! Call them today at 334-834-1500 and check out https://www.homesforsaleinmontgomeryalabama.com for more information! 

1207 Laurel Brook Ln: Beautiful Custom-Built Breckenridge Home!

by The Hat Team

1207 Laurel Brook Lane, Montgomery, AL 36117

MLS# 568407

4 Bedrooms | 3 Baths | 2,443 Square Feet | Breckenridge

Play VisualTour

This beautiful custom built all brick home in Breckenridge is fabulous inside and out! The inviting floor plan welcomes you in with an elegant dining room with a new picture window, a lovely family room with a stone fireplace and built-in bookcases and a gorgeous kitchen with solid wood cabinets, work island and all new appliances (refrigerator, dishwasher, gas cooktop, wall oven and built-in microwave). The private main bedroom suite is spacious and offers double vanity with make-up bench, jetted tub, tiled walk-in shower and a large walk-in closet with natural light. On the opposite side of the home are two bedrooms with a jack and jill bath and a fourth bedroom with an en-suite bath and laundry room. Outdoors, the list of amazing features continues with the most ideal space for entertaining with a newly enclosed heated and cooled patio, complete with a new stainless vent hood, fancy grill and cook station that extends the width of the house. From the patio you look out onto a huge saltwater pool and large back yard with an underground sprinkler system. Additional features include new flooring throughout (no carpet at all), fresh paint, surround sound speakers (in kitchen, main bedroom and back patio), a carport with an extra-large double door workshop/storage room. Homeowners enjoy a Private Clubhouse, 24-hour fitness center, zero entry community pool, gated playground and lighted tennis courts. Close to Montgomery's newest city schools, shopping and I-85. Come check it out today!

Marketed by Montgomery AL Realtor, Lauren Keen, Sandra Nickel Hat Team!

3603 Holland Dr: Quaint Forest Hills Home on Half an Acre!

by The Hat Team

3603 Holland Drive, Montgomery, AL 36109

MLS# 568416

3 Bedrooms | 2 Baths | 1,320 Square Feet | Forest Hills

Play VisualTour

This quaint house in Forest Hills is nestled off a quiet circle adding more privacy while still being conveniently located! With 3 bedrooms, 2 bathrooms and an open floor plan, there's plenty of space for everyone! Plus, the roof was replaced in 2021! This house was previously rented and generated a monthly income of $995. Whether you're looking to settle into a quiet neighborhood or seeking property with rental income potential, this home is ready to welcome its next chapter!

Marketed by Montgomery AL Realtor, Ali Bertschy, Sandra Nickel Hat Team!

Displaying blog entries 1-10 of 225

Syndication

Categories

Archives

   cdpe    crsHat Lady on Zillow