Real Estate Information Archive

Are you a Baby Boomer who has reached retirement age? If so, you may be asking yourself if it is time to sell your home. This is a time in your life to finally enjoy the fruits of your labor and the last thing you want is to have to take care of a large home or be tied down to a big mortgage. There are plenty of younger people looking for starter and trade-up properties, meaning there are a lot of buyers out there competing for homes. So, the question you need to ask yourself is, “should we sell now?”. 

Consider these questions to find your answer:

• Will you be able to afford your home once you have retired?  It is important to think long term about the monthly costs of staying in your home. Even if you have paid off your mortgage, you will still be responsible for property taxes, insurance, HOA fees, and utilities. Then there are home repair costs.  If you are living on a limited monthly income, an unexpected, costly home repair can be devastating.
  
• How much equity do you have in your current home? If you have a lot of equity built up in your current home, you can use that to purchase a retirement home and have little or no mortgage, freeing up your monthly income for other things.
   
• Can you keep up with home maintenance? Maybe you are someone who enjoys yard work and other home maintenance tasks, but depending on your age and health, these chores can become more challenging with time. A condo with an HOA fee might be the way to go so that you can enjoy your golden years with the peace of mind knowing that you don’t have to do maintenance work yourself.
  
• Do you feel secure in your home?  Criminals prey on the elderly. It is a sad, but true fact.  Elderly homeowners are often targets for scams and break-ins. Home security systems are helpful, but living somewhere that has 24-hour security, such as a manned gate-house and resident only access can provide you the security you need to be able to relax and enjoy retirement.
   
• Is your current home set up property for limited mobility? As people age, getting around can get more challenging.  People are living longer, more active lives these days, but that doesn’t mean that you will always want to climb the stairs to your bedroom. And what if you must use a wheelchair at some point? Are your doorways and hallways wide enough? Will you have easy access to a bathroom and shower? Homes in retirement communities are built with these things in mind and often offer the best of both worlds…activities to keep you busy and entertained and accommodations for any physical needs you might have in the future.
  
• Is your current home in a convenient location? There are many things to consider about location.  Are you close to a hospital and drug store? Can you easily get to shopping and entertainment venues? Are your grandchildren close by? Maybe you are living in a fantastic school district, which was great when your kids were growing up, but doesn’t really serve you now. If that’s the case, take advantage of the resale value that will give you and sell so that you can find a home that is more conveniently located for you.

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://homesforsaleinmontgomeryalabama.com for more information.

Photo Credits: massagemag.com, nhbr.com, homeaccessproducts.com, designerservicesltd.com

3215 Montezuma Road, Montgomery, AL 36106

MLS# 543639

4 Bedrooms | 2 Baths | 2,144 Square Feet | Cloverdale/Idlewild

Sellers say this is not a house, it's a "HOME" and once you see it, I think you will agree! Set back off the street on a lovely tree covered lot, this brick cottage is cozy and welcoming. Cool off on the front porch with your favorite libation or spend chilly evenings on the swing by the fire pit out back. Morning coffee is perfect on the private side deck just off the kitchen/breakfast room. Living room opens to formal dining room. Kitchen has breakfast bar and space for a small table. Three bedrooms and a guest bath downstairs, and current owners added a staircase and primary suite upstairs with a sitting area, walk-in closet, and adorable modern bath with lots of reclaimed antique features. Electric car gate allows access to rear parking and 2 car carport (perfect for covered backyard entertaining!) Backyard features another seating area under the pines, and a detached storage/workshop building. This Midtown Montgomery location all within walking distance to spring concerts in the park, shopping, dining, and entertainment.

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

1943 Ridge Avenue, Montgomery, AL 36106

MLS# 542598

3 Bedrooms | 2 Baths | 1,820 Square Feet | Old Cloverdale

Classic style and simple elegance! This Old Cloverdale home nestled just south of Cloverdale park draws your eye with custom landscaping and charming wrought iron porch balustrade. Inside large rooms flow effortlessly from living room into party-sized dining room, and big open eat-in kitchen with quartz countertops. Off the living room is a cozy sunroom/study with a wall of built-in bookshelves and lots of natural light. Rear central hallway large enough to hold pieces of furniture. Three ample bedrooms and two baths round out the interior. Out back you will find a deck, screened porch, and lush landscaping. there is also a detached 2 car carport with a heated and cooled studio on the second floor! Night-scape lighting and underground sprinkler system in front and back yards. Midtown Montgomery walking distance to shopping, dining, and entertainment.

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

Making your home more energy efficient is a cost-effective way to not only save money but to also improve the performance of your home. The most effective strategy for improving your home’s energy efficiency is to focus on the “shell” of the house…the walls, attic, windows and doors. Next, improve the energy efficiency of systems such as heating, cooling, lighting and appliances. Last, but not least, consider clean energy generation such as solar or geothermal.

The first step toward energy efficiency is to make sure that your walls and attic are well insulated. 

High quality insulation slows the rate that heat flows out of the house in the winter or into the house in the summer. That means it takes less energy to heat or cool your house. If your walls have no insulation, it will certainly pay off to get blown-in insulation which will also improve the comfort of your home. If you have an unfinished attic, it is worthwhile upgrading its insulation. It is a good idea to use an Energy Auditor to make sure that the insulation is installed properly.

The next step is to upgrade or replace windows.

If your windows are old or leaky, it is time to replace them with energy efficient models. If you live in an architecturally controlled historic district and have ‘antique’ windows, increase their efficiency by using weather stripping and storm windows. While it’s not usually cost-effective to replace windows just to save energy, if you are going to replace them anyway, the additional cost of Energy Star-rated replacement windows is very modest and is a comfort improving upgrade that is worth the cost. 

Another way to save some energy in your home is to plant shade trees and shrubs around your house.  

If you have an older home with poor insulation and windows, good landscaping can help, especially if planted on the house’s west side. Deciduous trees are the best way to go for this purpose. During the summer, the foliage will block the infrared radiation that would warm the house, while in the winter the bare branches will let the radiation through.

Replacing an older furnace with a new high-efficiency system may seem like a huge expense, but in the long run it will save energy and money.

If your furnace was built before 1992 and has a standing pilot, it likely wastes 35% of the fuel it uses, and it’s probably near the end of its service life  ACEEE (American Council for an Energy-Efficient Economy) recommends you replace it with a condensing furnace with annual efficiency of at least 90%.

You can improve the efficiency of your hot water system by turning down the temperature of your water heater to the “warm” setting (120 degrees F).  Additionally, you can insulate your hot water lines so that they don’t cool off as quickly between uses. And using low-flow fixtures in your showers and baths will help as well.

Compact fluorescent lamps (CFLs) use ¾ of the energy used with incandescent light bulbs, so it is well worth changing them. You may not realize that the cost of electricity used to run a light bulb is more than the cost of the bulb itself. A CFL may be a little more expensive than the traditional light bulb, but it lasts for 10,000 hours and uses only 27 watts to generate as much light as 100-watt incandescent bulb. Over the long haul, you will save money by investing in CFLs.

You can save money with an energy efficient home in many ways, including the tax benefits that are available to you. Federal tax incentives are out there for energy efficiency upgrades to existing homes.

Creating an energy efficient home may require a financial investment, but it will be a money-saver in the long run!

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://homesforsaleinmontgomeryalabama.com for more information.

Photo credits: medium.com, feri.org, bpihomeowner.org, kids.niehs.nih.gov

Whether you are looking to purchase a home or getting ready to sell one, the process of doing so will go much more smoothly if you have an experienced Realtor to represent your interests.  You might be thinking that you can save money by trying to do it on your own, but the truth is that the time, energy and stress a Realtor will save you is priceless! 

Here are the top five reasons why you should hire a Realtor when buying or selling a house:

1. EXPERTISE

Experienced real estate professionals will know all the ins and outs of buying and selling homes. Real estate has a language of its own, and Realtors will speak it fluently. They are not only familiar with all the forms, reports and disclosures involved, they understand them and can explain them to you. They will work to get you the best deal possible and help you avoid costly mistakes.

2. ACCESS

Realtors can search listings that the public does not have access to. They will know immediately when a house goes on the market; long before you can find it on the internet. Local Realtors will also have a lot of knowledge about different neighborhoods and areas that may appeal to you.

3. NEGOTIATION

Realtors are trained negotiators. It is their job to get you a first-rate deal. With fierce competition for homes and the chance of a bidding war, you are going to want a shrewd and experienced negotiator on your side.

4. CONNECTIONS

They know who’s who in every aspect of a real estate transaction. They can hook you up with a mortgage lender, home inspector, real estate attorney, home stager, etc. And, since the best deal for you benefits them as well, they are going to make sure to recommend the top people in their professions.

5. TIME

While searching for a new house, or getting one ready to sell, chances are you’re still working full time, taking care of a family, and feeling a little stressed about everything you need to do. Slow down, take a deep breath and let your Realtor alleviate that stress a bit. Being a Realtor is a full-time job that you don’t need to add to your to do list.

The bottom line is, you probably can buy or sell a home on your own, but that doesn’t mean you should. Hiring an experienced professional like Sandra Nickel will make your home-buying/selling experience less stressful and more successful.

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://homesforsaleinmontgomeryalabama.com for more information.

Photo Credits: fairfield-park.com, calbizjournal.com, rd.com

House hunting can be overwhelming sometimes, especially when beginning the search for your first home. Chances are you might get caught up in the process and important details might slip by you. While the number of rooms, condition of the kitchen, and size of the yard are important, there are other things to consider before you make an offer. 

Here are things to look for to get your house hunting off to the right start:

• Location

They say that the 3 most important things to look for when buying a home are location, location, location! While a home might not be perfect, loving your neighborhood and neighbors can make all the difference in living with imperfection. And face it…you can change almost anything about your house, but you can’t change its location or the people living nearby. When you go house hunting, make sure to consider the home’s proximity to your work, the appeal of the neighborhood, where in the neighborhood the home is situated, ease of access, noise from neighbors, traffic, pets and access to parks, shopping, schools and public transportation.

• Home Placement

Beyond location, look at how the home is situated. If the home is on a hill does it have a view, a walkout basement, or lots of stairs to climb? Do neighbors' windows look directly into the home? Is the yard suitable for kids, pets, gardening, or other uses? Is there safe access to the home? These are all important questions to ask yourself when determining if it is the right property for you.

• Check Out the Neighborhood

While it’s important for your house to meet your expectations, it’s equally important that the neighborhood meets them too. Take a drive around the development you are interested in on weekdays and weekends, during the day and in the evening. Are the homes in good repair? Are yards kept clean and tidy?  Is the neighborhood safe enough for people to walk, run or bike?  Are there children playing outdoors?

• Consider a Home’s Curb Appeal

You want a home that is going to reflect your lifestyle. Do you live a casual, laid-back life? Then you probably won’t want a formal Victorian or Tudor style home.  A simple, contemporary home might better suit you. Pay close attention to exterior features. Think about maintenance. For example, a brick home is easier to maintain than one with siding. Do you like working in the yard? If not, you might not want a house with extensive landscaping. Is the roof in good condition?  Attention to detail will help you choose the home with the best curb appeal for you.

• Size and Floor Plan

You may be thinking about buying your dream home. But is your dream home practical?  Do you need 4 bedrooms and 4 baths when you live alone? A spacious home may provide the extra room you've always wanted for a home office or a theater room, but you'll pay higher heating bills and have higher taxes. Additionally, it will take more furniture to furnish and money to decorate. Think about how the new home space will be used and whether it will fit your lifestyle now and in the future.

• Bedrooms and Bathrooms

Decide how many bedrooms and bathrooms you will need and only look at homes that meet that criterion. You don’t want to fall in love with what is otherwise a perfect house if it doesn’t provide the space needed for your family. It is smart to consider counting an extra bedroom in that number so that you have extra space for a home office or guest room. If you think you might add on to the home later, make sure you consult an architect who can advise you on space planning and regulations.

• The Kitchen

For many people, the kitchen is the heart of the home. Don’t settle for a home with a kitchen that doesn’t work for you. Yes, you can remodel later, but at great expense. If it is an easy fix like replacing cabinets or countertops, get a price quote before committing to the house so that you will know if it is within your budget to take that on.

• Closets and Storage

Older homes often have small closets and lack storage space. As you’re looking at a home ask yourself where you will store your belongings. Tiny closets don’t have to be a deal breaker. There are ways to maximize storage without renovations. Newer homes tend to have lots of storage, and you may sacrifice living space while having more closet space than you need.

• Windows and Lighting

While looking at a home keep in mind your preferences regarding light and privacy. Do you want a lot of windows to provide bright, sunny rooms?  Pay attention to the locations of electrical outlets and fixtures to make sure they will meet your lighting needs.      

• Finishing Touches

Even a simple home can look spectacular with the right moldings, hardware, and a fireplace. If elements like these are important to you, look for them while house hunting. 

You may not find everything you want in one house but keep this list handy and you are more likely to find the home that best suits your needs and desires.  Happy House Hunting!

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://homesforsaleinmontgomeryalabama.com for more information.

Photo credits: ramseysolutions.com, statefarm.com, verv.com, bobvila.com

440 Martha Street, Montgomery, AL 36104

MLS# 540154

3 Bedrooms | 2 Baths | 1,891 Square Feet | Cottage Hill

This circa 1900 shot gun style cottage in popular Cottage Hill has an open floor plan with a modern feel! From the large covered front porch, you can see straight through to the back deck, making entertaining a breeze. Formal living room, huge dining room, newly updated kitchen with large granite island brand new gas range with flush mounted vent hood. Brand new wood flooring in family room/den, custom tiled gas fireplace with new French doors looking out to the deck and lovely back yard. Master suite has been updated with a new tile shower, a walk-in closet, and a laundry room! Two other nice sized bedrooms and a brand-new hall bathroom with an awesome tiled tub/shower. The original heart pine floors are gorgeous lots of large windows that let in tons of natural light. Make your appointment today!

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

It’s a seller’s market in Alabama right now folks. Demand for homes is high and inventory is low, which has led to prices going up and sellers getting multiple offers. So, it seems like the perfect time to list your house, right? Slow down. The market may be prime for selling, but you need to look at your personal situation. Before you put that for sale sign in your yard, it would be wise to consider all the factors that will determine if you are ready to sell.

Here are signs that you are ready to sell your house:

• YOU HAVE POSITIVE EQUITY 

It’s vital that you are financially prepared to sell your house. If you have built up equity, that means your home is worth more than you owe on it. Ideally you want to have enough equity to pay off your current mortgage and to make a down payment on a new home. It’s even better if you have enough to cover closing costs and moving expenses. If you don’t have positive equity, it is a bad idea to sell.

• YOU HAVE CASH IN THE BANK WITH ZERO DEBT

It’s important to have all your financial ducks in a row before selling your house. Remember, you’re not just selling a house, you are likely buying one as well. Take time to analyze your finances and budget. If you have paid off your non-mortgage debt and have funds saved, you are ready to enter the home selling/buying process again.

• A HOME THAT BETTER SUITS YOUR NEEDS IS IN REACH

Perhaps you are downsizing, but you want a nicer home, or you are looking to move up into a larger home for your growing family. Either way, there is no point in selling your current home if you can’t afford a new one that better suits your needs. Remember that, ideally, your mortgage payment should be no more than 28% of your income.

• YOU ARE AWARE OF THE EXTRA COSTS INVOLVED IN MOVING

It’s exciting to get approved for a mortgage. Chances are you will get approved for more than you thought you would. But there is a lot to think about before deciding to sell. Remember that you will need to probably do some work on your house to get it ready to put on the market. You will also have to pay the moving expenses. Make sure consideration of these costs go into your decision-making process.

• YOU ARE EMOTIONALLY READY TO SELL

Hopefully you are selling for the right reasons. You have to be ready to put the work into your home that it will take to sell it. You must be committed to keeping it “show ready” for as long as it takes. You must be prepared for what might be a tough negotiation. And finally, you need to be ready to let go of the home where you have created memories with your family.

• YOU HAVE AN EXPERIENCED REALTOR

Real estate transactions should be handled by experts. The professionals at Hat Team Realtors understand the market and can provide you with a clear picture of what goes into selling a house. Their advice will assist you in making this very important decision.

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://homesforsaleinmontgomeryalabama.com for more information.

Photo credits: entrepreneur.com, princeton.edu, mastermovers.com

1731 Winona Avenue, Montgomery, AL 36107

MLS# 539931

2 Bedrooms | 1 Bath | 1,320 Square Feet | Capitol Heights

This little gem would make a great starter home and would be a perfect income-producing rental for your investment portfolio! The big covered front porch has a swing and is a great place to relax and unwind. The large living room opens to the dining room and updated kitchen with cool poured concrete countertops! There are two original bedrooms and an updated hall bath, PLUS a rear den/family room that opens to the back deck that could be used as a third bedroom. A big deck off the back of the house overlooks a nice-sized fenced backyard, with lots of potential for gardening. Located minutes from Downtown, shopping, dining, and entertainment!

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

3431 Country Church Road, Montgomery, AL 36116

MLS# 539528

5 Bedrooms | 2 Baths | 1 Half Baths | 2,580 Square Feet | Carriage Hills

Need more space for your growing family? Welcome to this 5-bedroom home in Carriage Hills! With the formal living room, dining room, family room/den and breakfast nook you will have plenty of living space. The bright white kitchen has plenty of cabinets for storage and the sink in the island has a great view of the private backyard with mature tree line. Three of the bedrooms have walk-in closets. New laminate flooring and fresh paint throughout. Check it out today!

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