It's A SELLERS' Market....You can Choose Want you Want to Pay..But

By
Real Estate Agent with Keller Williams 414-525-0563 57026-90 Broker

   The harsh realities of a Sellers' Market....mean that you Mr./Mrs./Ms Buyer can still choose how much you PAY for a Sellers marketproperty...what you CAN'T choose is what you GET for what you pay.  

   On the top  of many Buyer's lists/lips is the quality of the school district...whether or not school age children are part of the family, it is a safeguard that one can build the rest of the wish list around and a primary factor in re-sale.  Wisconsin residents value education highly and the areas with the best school distSchoolricts are always the most popular places to live...we have yet to see the quality of education take any major declines in these areas.  Whether, as a buyer you know you are going to live here a short time...or what may be as "forever" as you can forecast...the quality of the school system should be number one on your lips/list.

     With the quality of the schools comes the property taxes...and while there are some counties/communities with lower taxes than others...Property taxes in Wisconsin fund school systems so you don't get one without paying for the other.

    Updates The market is about upgrades/updates....not just your high efficiency furnace...newer roof and insulation which buyers have come to expect as "normal"....but the quartz counters, updated kitchen and baths and pleasing colors are all ingredients in today's market for "eye appeal" and people willing to pay more for what is already done and they will not have to do...likely at a  higher price.

     Soooo our advice is ....outline your priorities...begin with the schools....look at your commute to work...look at updates that exist vs those you may choose to add....whether it is a finished lower level or additional landscaping...weigh the costs...the time....and what you can choose to live with/without.

     Our crystal ball is a little foggy...no we can't tell you in 3 years what the market will be... we wish you all the best and will guide you all the most if you are choosing to move to Southeastern Wisconsin.

     This has been a market informational post brought to you by Sally K. & David L. Hanson, Broker Associates with Keller Williams Realty.

Posted by

Sally K. & David L. Hanson, ABR, CDPE, CSS, e-Pro,ILHM, REDS


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Rainmaker
1,379,275
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
your real estate writer

Location needs to come first - it's the one thing you can't change about a house.

May 05, 2018 02:30 PM #1
Rainmaker
2,732,983
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

Precisely Marte Cliff ....you can and should explain the advantages of a location...and in the very olden days Days David had an Uncle who DID move houses....!

May 05, 2018 02:35 PM #2
Rainmaker
1,379,275
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
your real estate writer

Oh yes - houses can be moved, but at what cost?

There are a few old homes in our small town that were in the way of commercial progress and were moved North into residential neighborhoods about 20 or 30 years ago. They have to be well-built to make that journey!

May 05, 2018 02:49 PM #3
Ambassador
3,266,630
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Sally and David- what you said is so true. Buyers can choose what they want to pay for a house but they need to be realistic in what they can get!

May 05, 2018 05:40 PM #4
Rainmaker
3,548,596
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I hit on location all the time.  some people really do not think about that

May 05, 2018 06:58 PM #5
Rainmaker
1,754,985
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

I find that a house properly priced and well maintained sells.  A newer roof is usually the biggest deal my clients like to see.  If there are older systems a home warranty is welcomed too.

And I seldom see quartz counter tops!  Here it's granite or formica.  And if the counters are formica during the inspection people are already planning on putting in granite, and don't mind if the house was properly priced and well maintained!

May 06, 2018 12:44 AM #6
Rainmaker
2,406,413
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Sally.

Don't you wish your crystal ball wasn't so foggy.  Around here ours is so foggy we can't predict what the market will be in 3 days, much less 3 years.

May 06, 2018 03:05 AM #7
Rainmaker
3,952,725
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I wish we had a crystal ball. You always provide great advice to home buyers and sellers. 

May 06, 2018 03:19 AM #8
Rainmaker
2,732,983
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

True enough Jay Markanich though I have to say here...for the most part, for those wanting or doing an upgrade...granite is yesterday's news.

May 06, 2018 04:15 AM #9
Rainmaker
1,754,985
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

All middle and high-end construction here uses granite and people almost always are allowed to pick their own.  It can get wild with patterns and beautiful!

Our kitchen granite is Venetian Gold, but it has burgundy in it, so I have a burgundy and gold granite counter top!

Not only will granite (even though it's as old as the earth) never be old news, burgundy and gold won't either!

May 06, 2018 09:11 AM #10
Rainmaker
2,732,983
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

The south rises again Jay Markanich ...whatever the news !

May 06, 2018 09:14 AM #11
Rainmaker
4,550,157
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is excellent advice to share with prospective home buyers.

May 07, 2018 05:56 AM #12
Ambassador
2,479,179
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Schools & commute time are huge here too, Sally...and yes, even to those without school-aged children. It matters with resale value - maybe not right now in this low inventory market but, 90% of the time it absolutely does impact appreciation.

Great post and oh, how nice it would be to have a crystal ball!

May 07, 2018 08:21 PM #13
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Rainmaker
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Sally K. & David L. Hanson

WI Realtors - Luxury - Divorce - Short Sale
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