Feb. 2, 2017

New Home For Sale SE Boise – 3288 sq. ft Stunner

This sizable SE Boise home has it all! Amazing location, tons of room & a favorable open floor plan. Impressive vaulted ceilings showcase an abundance of natural light throughout. Spacious living room features a gorgeous stone fireplace & stunning new flooring. Enjoy a large 2nd level bonus room, versatile formal living/dining room, & a perfectly located office/den that could become a 5th bedroom. Roomy master suite features dual vanities, separate soaker tub & huge walk-in closet. Beautiful family home! New carpet & flooring, new s.s. appliances, gorgeous new quartz kitchen countertops. Don’t miss the private neighborhood park equipped with a play-set, basketball court and lush landscaping. Located within biking distance to Bown Crossing, close to the Boise river, greenbelt and the foothills. Call today for your personal tour 208.473.2203

Posted in Market Updates
Jan. 31, 2017

Choosing the Right Idaho Neighborhood

Need help finding the right Boise neighborhood for your home search? Here are five factors that should figure prominently in your thinking.

Schools

Even if you don’t have kids, the quality of the schools in a given neighborhood should be high on your priority list. That’s because property values are higher in Idaho communities with strong school districts, meaning that your home will appreciate more. That said, you may have to settle for less house due to higher prices.

Property Values

Independent of school quality, you should look at local trends in home prices to get insight into that community’s future. If property values have been in steady decline for a decade, you’ll likely face issues when it comes to reselling down the line. Instead, look for up and coming Boise neighborhoods where home prices are climbing.

Traffic

Remember: if you’re buying a Boise home, chances are you plan on living there for a long time. Heavy traffic may not seem like a big deal now, but in five years you (and your wallet) may feel differently. Congestion can also have health and safety implications with respect to air pollution and car accidents.

Emergency and Medical Services

In the event that something bad happens, you want to be sure that emergency responders can reach you quickly. It’s also one thing to be close to a hospital, and quite another to be close to a good hospital. If possible, concentrate on areas in proximity to university hospitals, which tend to have more modern equipment and resources.

Crime

Don’t rely on looks alone when evaluating the safety and security of a neighborhood. Information on local crime rates (and most common types of crime) are commonly available from your local police department and the FBI website, and real estate sites like Zillow aggregate data from several sources to provide their own reporting.

Posted in Market Updates
Jan. 30, 2017

Sneak Peek! Coming Soon Listing

This fabulous River Heights Home Is coming soon. With over 2700 sq. ft and 4 bedrooms and 2.5 baths this home features a custom built backyard oasis with fireplace and pergola. Community offers clubhouse and pool and access to outstanding schools. Contact us today to be the first to learn more about this home

Posted in Market Updates
Jan. 27, 2017

6 Clever Things to Help Sell Your Home

6 Clever Things to Help Sell Your Home

Whether you are selling your home now, or down the road, you will want your house to stand out amongst the competition. It doesn’t take rocket science, but it does mean you have to be clever to cut through the fray and get top dollar for your home. The time and work will be worth it. After all, this is serious business and we’re dealing with possibly your largest investment.

Before you “do” anything, you will want to comparison shop. Put on your buyers hat, and look around your neighborhood at homes for sale – this is what your home will be competing against. Ask yourself how your home stacks up. The condition of your competition may be an indicator of how you should price your home and what buyers are looking for in your area. If other homes have new roofs or fresh paint, you may have to bite the bullet and do the same. Just remember, choose light, neutral colors with wide appeal, as bold hues can scare off buyers.

Here are some other things you should do to make buyers love your home:

  1. Spread Fresh Mulch

This is an easy and inexpensive way to spruce up your landscaping and make a great first impression. Pick up a few bags of mulch from the garden center, and heap it up in your planting beds and around small trees and shrubs. Fresh mulch will give the appearance of a well-maintained yard which sets the stage for what is to come inside. Potential buyers will think that a homeowner who takes the time to care for the landscaping will surely have taken care of the interior of the home.

  1. Swap Out Hardware

Sometimes small things can make a big difference. Take drawer pulls and knobs, for instance. Dated-looking hardware ages a room almost as much as outmoded cabinets. Fortunately, swapping out hardware is a much cheaper fix than refacing cabinets. Bring a few of your current knobs, pulls, or handles with you to the hardware store so you can make sure the replacements will fit the existing holes. Once you have new hardware that fills the bill, use a screwdriver to remove the old and install the new.

  1. Deep Clean Your Bathroom

You’re smart enough to scour the bathroom before an open house, but what are you going to do about that stained grout that’s bringing down the look of your freshly cleaned tile? Because it’s porous, even clean grout can look grungy, and that’s a major turnoff for buyers—but it’s also an easy fix. Start out by trying baking soda, vinegar, and a toothbrush, but if the grime won’t budge, escalate to a commercial grout whitener. These concoctions can clean, whiten, and seal grout, making a bath look decades younger—and cleaner.

  1. Clean Out Your Garage

Potential buyers will want to picture their car safely sheltered in your garage, alongside their landscaping tools and other items they plan on keeping there. Whether your home has a one-, two-, or three-car garage, visitors will probably fixate more on the functionality of the space than its total square footage. Here’s another instance where disciplined decluttering pays off. If your garage has become a dumping ground, get rid of the junk and install budget shelving and pegboard to hold the necessities neatly. You—and everyone who attends the open houses—will be delighted by your orderly, spacious garage.

  1. Clean Out Closet Clutter

Every home buyer is looking for more closet space, right? Well, even if storage space isn’t one of your house’s strengths, you don’t have to start knocking down walls to carve out more appealing closets. A much cheaper way to show your closets in their best light? Declutter. Cluttered closets—even large ones—look cramped and inconvenient. Weed through your closets and linen cabinets, and remove about half of the items. Box everything up and put it in storage until your house is sold. Or, better yet, use this opportunity to jettison some of it—packing and moving will be so much easier!

  1. Professionally Stage Your Home

Whether it’s simply rearranging and decluttering your personal items or whole home staging, home styling will help you achieve the look that buyers demand. You will need someone experienced and trained in preparing your home to maximize your net profit and appeal to more buyers. This is a service provided to clients by Templeton Real Estate Group with a signed listing agreement.

If you are looking to buy or sell a home in Boise, give the Templeton Real Estate Group a call @ 208.473.2203. We are a small yet highly skilled real estate team with decades of area expertise, service, property pricing, and negotiating. We are passionate about providing our clients with the best real estate experience available. Our office is located in East Boise’s beautiful Bown Crossing, just steps to Boise’s Greenbelt. You can learn more about the Templeton Real Estate Group on Realtor.com or contact us today to schedule your complimentary and confidential consultation.

Source: www.bobvilla.com

Posted in Market Updates
Jan. 24, 2017

Quick Tips for Staging Your Home

Staging your Idaho home is a proven strategy for speeding up the sales process. It can even help boost your home’s value when offers start coming in. By highlighting your home’s strengths and giving prospective buyers a sense of how they’d utilize different spaces, you can help these prospects develop emotional attachments to your home.

Here are some quick tips for helping you along with the staging process:

Pay attention to lighting

Great lighting is crucial for making your home look warm and welcoming. If you notice that some areas of your home are dark and dreary, increase the wattages of the lightbulbs in the fixtures and lamps. A good rule of thumb is to have a total of 100 watts of lighting for every 50 square feet of interior space. Also, you should strive for three different types of lighting per room: accent lighting (on a wall or table), task lighting (such as a reading or under-cabinet light), and ambient lighting (overhead).

Update your appliances

Alright, so you might not be willing to spend thousands of dollars on installing new, stainless steel appliances just for staging. However, studies show that new appliances in the kitchen garner high returns for sellers, which means you stand to get a better price for your home. A great, inexpensive solution is to apply stainless steel stick-on coverings to all of your appliances. These coverings can quickly transform an outdated kitchen into one that screams ultra-modern.

Get rid of unnecessary furniture

It should go without saying that when staging a home, you need to get rid of clutter. However, sellers often forget about some of the biggest causes of clutter: namely, couches, chairs, and tables. Having too much furniture in your home can make it seem small and cramped. So before you start showing your home, take a walk around and remove furniture items that you can live without. You don’t need to get rid of everything (after all, you want the space to look lived-in), but you want to make sure you’re maximizing available space.

Posted in Market Updates
Jan. 18, 2017

?Common Mistakes that Homebuyers Make

Let’s face the facts: Buying a home can be an amazing experience, but it can also be quite complicated. With emotions running high, it’s all too easy for homebuyers to skip over crucial steps and make mistakes. But don’t worry! I’ve laid out some of the biggest mistakes that homebuyers make below so you will know to avoid them.

Low-balling the seller

If you find a house that you absolutely love in the Boise area, don’t play games: work with your agent to come up with a reasonable offer based on the sales of comparable properties in the area. Some buyers seem to think that taking their time and making a seller “sweat” is a good strategy for getting the best price possible. Don’t fall into this trap! You will likely never be the only one interested in buying a particular home, so if you find one that you love, get it before it’s gone. Don’t kill the deal by making too low of an offer or by making excessive estimates for repairs.

Not reading contracts

When you sign a real estate contract, you’re entering into a huge financial obligation. And while it seems like common sense that you should always read (and understand) all of the terms and conditions, many homebuyers do not. A good idea is to have your agent go over your contracts with you, section by section. Because contracts are legally binding, it’s crucial that you discover any issues BEFORE you sign.

Spending too much

Your pre-approval amount should act as a guide, showing you what you could pay for a home if you maxed out your finances. Your pre-approval amount should not, however, be the price that you buy at. Buying at the tip top of your price range will likely leave you “house poor,” which means you’ll be able to make the mortgage payment and cover recurring expenses, but then you’ll have little or nothing left for recreation or other projects. So instead of buying at the top of your approval level, buy within your comfort level: a level where you’ll still have sufficient money left over for other things.

Posted in Market Updates
Jan. 10, 2017

When Is the Right Time to Sell?

Times are changing and you’re thinking about moving the family into a new home. But before you start searching for your next dream home in the Boise area, you’ll need to figure out when you’re going to sell your existing home. The decision is a complex one, especially considering the unpredictable economic environment you’re living in. And while there’s no magic formula for determining the best time to sell a home, there are several factors you should consider.

The wrong time to sell

This likely won’t come as a big surprise: you should avoid selling your home during the winter holiday season. Tensions run high during the holidays and budgets run low. The result? No one’s really itching to buy, and offers that do come in are often low. So as a general rule of thumb, avoid the months of December and January when selling a home.

The best season for selling

Conventional wisdom dictates that spring is the best time to sell a home. In spring, the holidays have past, the new school year is still a while away, and gardens and other outdoor spaces tend to look their best. And while spring is the season that sees the largest amount of buyers, it’s also the season when inventories are highest. This means lots of competition, so if you’re going to sell in spring, you really need to get your property to stand out with effective marketing and staging.

The best day for selling

According to research, Thursday is the best day of the week to list your home for sale. By listing your Idaho home for sale on a Thursday, you can make it available immediately for weekend showings. Come Saturday – the busiest day for real estate – your home will have only been on sale for two days, which is great for attracting full-price offers. In general, the shorter amount of time your home remains on the market, the higher the offer you’ll receive.

When you are ready to sell, contact us!

Posted in Market Updates
Jan. 10, 2017

How Can an Agent Help Me Buy a Home?

Buying a home can be an overwhelming process. From financing to negotiating to closing, there are a lot of moving pieces that can leave homebuyers bewildered.

A real estate agent can help guide you through each step of the buying process, offering sound advice along the way. By working with a professional agent who knows the ins and outs of the real estate industry, you’ll not only end up with a great home, but you’ll also walk away with a great experience.

Here are some of the key areas that our team can help you with:

Getting pre-approved by a lender

By providing your real estate agent with some basic information about your income, savings, and debt, he or she can assist you in getting pre-approved by a reputable lender to buy your Boise home. The lender will then go over your financing options, what monthly payment amount you can afford, and what you can expect for down payment requirements and closing costs.

Choosing a home

For most buyers, choosing a home is an emotional process. An agent can assist you in this process by offering objective information about each property you look at. From local community information like schools and zoning to home-specific details like condition and amenities, an agent can help you find exactly what you’re looking for.

Making an offer

Once you’ve found the home of your dreams, an agent will research recent comparable sales of similar homes in the area to help determine a fair selling price. Based on those comparable sales, as well as other factors like inspections and repairs, an agent will then help you structure an offer and negotiate to get the very best deal possible.

Closing

Closing, or settlement, can be a complicated process. In some areas, the escrow or title company handles the closing process, while in other areas an attorney handles it. Regardless of where you’re buying, a real estate agent can help ensure that everything goes smoothly.

Posted in Market Updates
Jan. 8, 2017

Harris North Breaks Ground!

Harris Ranch North by Boise Hunter Homes

Source: Harris North – Boise Hunter Homes – Idaho’s Custom Home Builder

HARRIS RANCH NORTH – THE VIEW FROM THE TOP.

Nestled into the prominent foothills of the Treasure Valley, Harris North offers unparalleled VIEWS that will surely move you and create memories that will last generations. Overlooking the Boise landscape, the views at Harris North will give you a sense of escape from day-to-day life.

If you love the outdoors like many of us do, then you’ll be awakened by the access you’ll have to the miles upon miles of foothill trails for jogging, biking or simply taking a stroll to reconnect with outdoors. The beauty and grace of nature can literally be in your back yard; not to mention the Boise River is within eyesight of Harris North! You can cool off on a hot Boise Summer day, try your hand at catching the ever elusive Idaho trout, or take in the beauty the river offers with its shimmering waters and exquisite shorelines. Recreation is right outside your doorstep with the Boise River, greenbelt, foothills. Lucky Peak is also just a few minutes away offering boating and fishing.

The future has much to offer with Harris North belonging to the Harris Ranch Master Plan. A number of restaurants are in planning and will offer many “Downtown” amenities, but just minutes away from your home. Overlooking the Boise landscape, Harris North gives a sense of escape from day-to-day life with the convenience of downtown restaurants and shopping. A walking path is also in the works which will connect the lower rim to the upper rim adding that special touch to create a wholesome neighborhood feeling.

Offering ease of access, the entrance to Harris North is at the intersection of Harris Ranch Road and Barber Drive. Harris North will consist of four different phases of building for an astounding total of 173 lots. Lots size average is 11,750 SqFt up to a massive 20,400 square feet. With so much variety, we are confident you will find the perfect lot to build your Boise Hunter Home on.

Contact the Templeton Real Estate Group for more info on Harris North and to see if it’s everything you’ve been looking for all in one place. Nature will surround you and forge a feeling that you’ve finally found your forever home…

The Templeton Real Estate Group is closely monitoring the development and can offer guidance and assistance when choosing to build. Right now when you sell your current home with Templeton Real Estate Group and buy a Boise Hunter Home with us we give you a cash back credit on the second transaction! Call or email us today! 208.473.2203 or Info@TempletonRealEstateGroup.com

Posted in Market Updates
Jan. 8, 2017

Will Trump Affect Housing Market?

Will Donald Trump Affect Boise’s Housing Market?

 

The Ada County Association of Realtors says the Boise housing market remains strong and appears to be unaffected by elections. Since elections occur during the seasonal, annual slowdown in the real estate sales cycle, they don’t typically have a short-term impact on the housing market. The 2016 elections were no exception, according to Jonathan Smoke, Chief Economist for REALTOR.com®, in his article about how Presidential elections affect the U.S. housing market.

However, we do know that the incoming President will limit the federal government’s role in the real estate market, as was outlined in the 66-page Republican Platform 2016. So, longer term, the implications of this for home buyers, sellers, and owners could be sweeping. Potential changes in policies and programs related to taxes, lending, employment, student loan debt, and so on, will certainly affect housing over the long-term, but how and what that impact will be remains to be seen. These are issues that REALTOR.com® and the National Association of REALTORS® (NAR) will monitor, and that Boise Regional REALTORS® (BRR) say they will analyze locally through these monthly market reports.

This month’s report looks at local activity through October 2016. Next month’s report will show whether local homebuyers reacted once the November numbers are in. That said, year-over-year growth in pending sales shows that sales will continue to be strong through the end of 2016.

 

Courtesy Ada County Association of Realtors

As for current numbers, there were 1,319 pending sales in Ada County in October 2016, up 7.8% compared to October 2015, reflecting homes that will close within the next 30-90 days. Of those homes that did close in October, the median sales price was up. Ada County’s median sales price was $252,000, up 9.6% compared to October 2015.

High consumer demand and low supply are keeping prices high. The number of homes for sale in Ada County dropped back below the 2,000-mark for the first time since April 2016, reaching 1,950 in October 2016, a decrease of 12.5% compared to last year.

Additional information about trends within each county, by price point, by existing and new construction, and by neighborhood, are now available in the October 2016 Market Report. This includes an explanation of the metrics and notes on data sources and methodology.

If you are in the market for a home right now or thinking about selling, give Templeton Real Estate Group a call @ 208.473.2203. We are a small yet highly skilled real estate team with decades of area expertise, service, property pricing, and negotiating. We are passionate about providing our clients with the best real estate experience available. Our office is located in East Boise’s beautiful Bown Crossing, just steps to Boise’s Greenbelt. You can learn more about the Templeton Real Estate Group on Realtor.com or contact us today to schedule your complimentary and confidential consultation.

Sources:

http://boirealtors.com/boise-housing-market-remains-strong-unaffected-elections/

http://www.realtor.com/news/trends/donald-trump-mean-for-housing/?iid=rdc_news_hp_carousel_theLatest

Posted in Market Updates