canandaigua real estate
No Canandaigua Home Regrets
March 7, 2009 by admin · Leave a Comment
Buying a new Canandaigua home is great!
You get to choose where your home will be built, add a sun room here, third garage bay there and before you know it you are moving into your dream home. With all the options to choose from it is very easy to overlook crucial elements to your new home buying experience that could cost you greatly in both time and money.
Choosing upgrades with the lowest ROI or too many upgrades, period. - This is truly the most common mistake made by new home buyers who don’t consider the resale value of their home in the future. When buying a new home be sure to stick with the essential upgrades like two sinks in the master bathroom, high quality cabinetry and above all else, top quality padding under the carpeted areas.
Not examining your lot choice thoroughly enough. Some very important aspects to choosing a lot for your new home to be built on. Among them are: terrain, noting that people psychologically feel more secure looking down at the street rather than up, location and lot shape which can affect your surroundings including the possibility of facing the rear of a neighbor’s home.
Finding communities first, vitals second. - When you are buying a home you have to shop differently than you would if you were buying a car or shopping for clothes. To save yourself much heartache and frustration, be sure to hammer out your lifestyle requirements before even searching for a community to build a home in. For example, if you commute to New York City and have school age children you would want to find a school district that you approve of in an area with multiple mass transit options (train, bus, highway) and then locate new home communities within close proximity to both.
Overlooking the “inspection” clause in builder contracts. - A dirty little secret in the new home industry is the fact that some builders, national builders included, send out contracts with a clause stating that they don’t allow home inspections by an independent, third party home inspector until after you close on and own the home. They offer to do a walk through of the home with you before you close but chances are, unless you are a licensed home inspector with many years of experience, you won’t notice any red flags beyond the superficial.
Not using a buyer agent. - When looking for a new home, be sure to find a buyer agent who specializes in new homes. There are numerous important steps when buying a new home that a new home buyer agent will be prepared to work with such as price negotiation, lot choice, researching future development around the community and the pros and cons of building materials your builder will use in the construction of your new home. At present, the buyer agent’s services are paid for out of the builder’s marketing budget.
Buying a new Canandaigua home is a wonderful, dazzling experience that will cater to your every need. By using reasonable care and professional guidance you will enjoy many great years in your new home and reap substantial rewards from your diligent buying efforts when selling your home in the future.
canandaigua real estate
Packing Your Stuff Away in Preparation for Staging Your Canandaigua Home
March 7, 2009 by admin · Leave a Comment
Contrary to popular belief, staging a Canandaigua home for sale is not redecoration. When you redecorate a home you target the seller and the personality of the seller. On the other hand, staging a home for sale in Canandaigua specifically targets the buyer. There is preparation that must be done even before you begin to stage a home for sale. This article will look at a few preparation strategies before you stage your home.
Staging a home for sale focuses on improving a property to make it appeal to the largest number of buyers. The home is transformed into a welcoming, appealing, and attractive home for sale.
Staging also raises property value through reduction of the home’s flaws. The house should be depersonalized, free of clutter, cleaned and landscaped. We will consider a few more things that need to be done when preparing a home for staging.
If you have the space for it, I recommend getting a big dumpster and arrange for it to be hauled away when full. Get a good size one. The dumpster can handle more than you think, don’t panic. Go through your stuff and toss away everything that you’ll never use.
Get regular size boxes 16″ x 12″ x 12″. This box size is just about perfect. Consider some of their larger boxes, too, for things like dishes, toys and other things you have. Remember, if it’s a big box and you fully stuff it, it’s going to weigh a lot more than a smaller box similarly stuffed.
Invite your friends over for a party as they help you pack. Be sure to wrap your dishes in something soft like the big bath towels.
Write on the boxes with a black felt tip marker information such as:
1. The room it goes in.
2. Once you know the number of boxes for a given room, you can write the box numbers like this, #4 of 7.
3. Indicate the contents and whether they are fragile.
If you’ve hired movers, do not let them move things like your computer or things that are irreplaceable if damaged. Move these yourself. You’ll take much better care of them than the movers will, even if you mark a box fragile for them.
If it’s a big move, offer to buy the movers lunch. Fast food or pizza will do. They’ll love you for it, and will generally take much better care of you.
If they deserve it, give the movers a good tip. Where they courteous? Did they make a reasonable effort to be careful with your stuff? Give them a tip, don’t be a miser.
canandaigua real estate
Staged Homes For sale In canandaigua
March 7, 2009 by admin · Leave a Comment
Attracting buyers in this market necessitates more effort and attention to detail than it may have in previous years. Staging your home for sale in Canandaigua and performing small repairs in your home can strengthen the possibility of making a sale in a prompt fashion. Effective real estate agents have been familiar with this strategy for years, but you can take the initiative on your own. All it requires is an impersonal evaluation of your home and some hard work.
Your house is the one place where you can relax and be yourself, but when you’re trying to sell your home, you need to remove many of the aspects that make it uniquely yours. This neutralization of the space will allow buyers to envision themselves in the property. Your homes ability to appeal to a wide audience is the key issue at hand.
Several issues need to be considered when assessing marketability. These include the amount of objects you have in your home and the style of the furnishings. Be objective about the amount of clutter in your home. A space that is overloaded with personal photographs and style specific embellishments may be a turn-off to some buyers. Place the majority of your personal belongings in storage during the selling process. Reserve some of your more classic and neutral pieces to display. Although you’re trying to create a blank canvas for the buyer to visualize their own things there, you don’t want to overdo it and make the property seem cold.
Oversized or unnecessary furniture can make even large homes feel tiny. If you have two couches in a small room, remove one and place it into storage for the time being. It will be well worth investing in a storage facility if you can sell your home quicker. Keep only the essential and most classically designed pieces of furniture to accent your home. Take care in the placement of furniture as well. Don’t block hallways, doorways, windows or fireplaces. This disrupts the flow of the home and may make buyers feel that there isn’t enough room in the home for their furnishings.
After removing personal effects and unnecessary furniture, you should be prepared to examine the home at large. Inspect for leaky faucets, stained or damaged paint, holes, or broken hinges and handles. Although these may seem like small issues, a customer will be adding these things up while touring the home. If the negatives outweigh the positives, the buyer may move onto to the next house. If your walls need a fresh coat of paint, do this now while you have the opportunity . If your color palette is outdated or too unique, it may be well worth the effort to repaint. Take down dated wallpaper. Pay a professional to stretch and steam your carpets if they are dirty and worn. First impressions do count. The finishing touches on your staged home should be a extensive cleaning. Keep it pristine throughout the selling process too! Buyers may have the propensity to get stuck on the fact that you haven’t emptied the kitchen garbage recently rather than noticing the big bay windows.
canandaigua real estate
Trends in Senior Housing
March 7, 2009 by admin · Leave a Comment
The seniors’ housing deal factory that churned out record numbers over the past 3 years hasn’t shut down completely, but financing terms have become increasingly difficult as lenders and investors alike retool their expectations amid the credit crunch. Most of the deals that are going through today are getting re-priced downward, and sellers are starting to face that reality. On the other hand, with more discerning residents, longer life expectancies, growing acceptance by consumers and an outdated supply, players will be able to capitalize on the need for quality independent living, assisted living and continuing care retirement communities. Cap rates will rise in the second half of 2008, partly because of the liquidity issues in the capital markets and less aggressive bidding. As a result of that, sales of the higher-end properties that tended to have the lowest cap rates will not be as prevalent as in the past few years.
Consolidation Is Coming
Ninety percent of senior housing will be owned by institutional investors by 2015, a reverse from the current 90% mom-and-pop ownership structure of today, according to a recent report by Jones Lang LaSalle Capital Markets.
The Wall Street Journal reports that senior housing is set to boom in the next 20 years, and with the increasing older demographics, there will likely be a big shift in senior housing ownership. According to the US Census Bureau, the oldest baby boomers will turn 65 in 2011, and the senior population is expected to double between 2010 and 2030 from 35 million to 72 million. To put the influence of older Americans into perspective, while the total US headcount is projected to go up by 18% between 2010 and 2030, the older population will rise 78% during that same period. As a result, one in five Americans will be 65 or older in 2030. Those 85 or older are also projected to grow from 4.2 million in 2000 to almost 10 million by 2030 and 21 million by 2050.
Assisted Living Rents Increase
The average assisted living resident pays $3,008 per month for housing and services, according to a recent national study by Genworth Financial. That figure is up 25% from $2,397 per month in 2004. The higher end costs topped $4,900 per month in New Jersey, while the lower end is about $2,000 per month in Arkansas. Read more


I am a long time resident of the Canandaigua and Rochester Area. I am a full time Broker/Realtor® serving my clients since since 1996. Member of the Greater Rochester Association of Realtors® and the National Association of Realtors®. 