William Raveis - The Dolores Person Group
12 Federal Street, Newburyport, MA 01950
978-609-1041 | [email protected]
12 Federal Street, Newburyport, MA 01950
978-609-1041 | [email protected]
Appliances have a certain lifespan of use, and then, unfortunately, they tend to break down one way or another. Depending on the age of the appliance and the amount of the repair cost, you should make an informed decision as to what will be a good for your finances and your home.
So, when the fridge stops producing cold or the dryer stops drying things, you may go into panic mode and try to either buy a new appliance or call a repair person. Before you make a snap judgment, you should take a step back. It’s important to ask the question:
If you are able to get an estimate of how much the repairs will cost, this will give you a good place to start. This is the fastest way for you to get the answers that you need. If the life of the appliance is going to only be a few years, you may be better off investing your money in a new appliance. The cost of a repair can run somewhere around 20-30 percent of the cost of replacing the appliance completely.
Some appliances are meant to last for a decade, others will last for a shorter period of time. As a general rule of thumb, if your appliance is over 7 years old and breaks down, you should probably replace it rather than repair it. It will be a better investment in the long run. Some typical lifespans for appliances are:
Before you replace your broken appliance, there are a few things you should understand. First, sometimes, it really isn’t broken. A plug could be loose or a circuit could have tripped. You would hate to spend the money on a new appliance rather than deal with a simple problem. Troubleshoot the problem yourself by taking a peek at the owner’s manual first.
Once you have repair estimates, you should find out how much it will be to replace your appliance completely with a similar model. Make sure that you factor in things like the removal of the old appliance, the taxes, and the installation. By running the numbers, you’ll know if you can afford a new appliance or not compared to the repair costs.
If you have been dreaming of a refrigerator with an ice maker, it may be a good decision for you to spring for a new model. If you love the features you have, you’ll want to either price similar units or do the repairs. Really, your budget and needs very much dictate your decision for new appliances. Consider the options and make the repair or replacement call based on your needs.
Homeowner’s insurance allows you to have financial protection if your home or the contents of your home have been damaged. If you or your family member are held legally responsible for injuries that have occurred on your property, you are also protected. Insurance is generally required by most mortgage lenders in order to secure a loan.
There are many different types of insurance policies that you can use to cover your home. You can get anything ranging from a basic insurance policy that just covers your home overall or you can go for broader protection for your home. The types of coverage that you can get will vary from state to state.
Most insurance policies will cover damage caused by fire, wind, lightning, theft, or vandalism. Floods and earthquakes typically require additional coverage, so if you live in an area that is susceptible to these issues, then you should inquire about additional coverage.
Most insurance policies include certain basic coverages like dwelling coverage which is the allowance for you to either repair or rebuild your home. This includes the electrical systems, the plumbing systems, and the HVAC systems. You need enough coverage for your home in order to rebuild in the event that such an event would cause a need for it. Your insurance agent can help you to find a comfortable number that will allow you enough coverage for rebuilding.
Standard coverage also may include “other structures” which can include fences, garages, cottages, and sheds. You’ll also be covered for your personal property which includes clothing, furniture, and electronics that may be damaged in your home due to theft or disaster.
This type of coverage will pay for your living expenses if you need to move out of your home while it’s being rebuilt or restored. This would allow you to find alternative arrangements when you need it most, so it’s an important aspect of home insurance coverage.
This coverage is one of the most important aspects of purchasing home insurance. Having liability will help to protect your assets and cover defense costs in the event that you have been held liable for causing and injury to other people or property.
Additional Coverage Options
There are many different types of additional coverages that you can add to your homeowners insurance policy to help you get the right umbrella of coverage for you.
Many times the house that people initially buy isn’t the property that will be their forever home. The house could be too big, too small, or not in an ideal location. When you sell your first home, you want to get the most out of your investment. There are so many easy ways that you can upgrade your home for a small amount of money. Any of these upgrades will add value to your home. Read on to find some of the most affordable improvements you can make to your home that will add character and value for you.
Do Something With The Kitchen
While “something” is a bold statement, it’s true. Just about any improvement, you make in your kitchen will give you a great return. Some ideas include:
Change the countertops
Replace the cabinets
Replace the stove
Get a new dishwasher
Install a new floor
There are so many different things that you can do to make a kitchen better. The possibilities are almost endless! The key to any renovation that you do is that you don’t want it to be too styled. Try to aim for improvements that will be timeless. Check out the current trends and see what seems to be a staple in modern homes. Keep in mind that you also have to like whatever it is you’re doing to your home.
Give Your Fireplace A Facelift
Upgrading the fireplaces in your home can be a great project and an excellent way to enhance your home. You can do anything from merely repairing your fireplace relieving it from any cracks. If you’re feeling zealous, you can change the type or face of fireplace you have. Look into switching from a wood burning fireplace to a gas fireplace. Change the front of your fireplace from brick to tone. Fireplaces are attractive features in homes that make any space cozy.
Upgrade The Outdoor Space
An outdoor living space adds a lot to a home. The nice thing about adding outdoor is you can go as big as you want to. If you live in a warm region, an outdoor kitchen is an awesome feature to add on. Put a deck on your house. Construct a patio. Put up a gazebo or permanent screen house. There are so many ways to make outdoor living a possibility.
Clean Up Your Outdoor Space
Giving the outside of your a once over can be an easy way to upgrade your property. You can power wash your siding. Trim your bushes. Add some more plants and foliage to the landscape. These are all simple, yet practical upgrades to your home that add value and appeal.
Making a good first impression on prospective home buyers is the key to getting your house sold within a relatively short period of time. Once your house is on the market, you'll want to make sure any major flaws, aesthetic issues, and potential buyer turnoffs have been fully addressed before the first prospects walk through your front door.
Although serious house hunters often return for a second -- and sometimes third -- walkthrough of your home, first impressions determine whether they'll be back for another look.
Since time is of the essence and you may be on a limited home improvement budget, it's necessary to prioritize the projects that will have the most impact on the image you project. When it comes to making cost-effective decisions on preparing your house for showings, your real estate agent can provide helpful insights and objective advice. Seasoned agents can size up a property within minutes and identify ways to improve the look and feel of your home. Although every homeowner is going to have a different set of priorities and issues to deal with, there are a few focal points that would apply to just about everyone.
Curb appeal: To attract the maximum number of prospects to your home (and to put them in a receptive state of mind when viewing your house), it's essential that your property looks well maintained. In addition to having a manicured lawn and bushes that are neatly trimmed, your curb appeal also depends on the condition of your driveway, walkway, and house foundation. The appearance of weeds, cracked surfaces, and peeling or faded paint are sure to be seen as "red flags" to many people and will detract from the impression your home conveys.
Clutter control: Getting a handle on clutter in and around your house is a vital aspect of enhancing its appearance and marketability. Whether you're dealing with storage areas that are jam-packed to the hilt, too much furniture in your living room, or a front yard that's littered with bicycles, lawn equipment, toys and junk vehicles, clutter is a visual cue to people that "something is wrong here!" Clutter inside your house can cause rooms to look smaller and living space to appear as chaotic and uninviting. Even clutter in garages, basements, closets, and attics can send the wrong message to potential house hunters. On the other hand, uncluttered space is like "a breath of fresh air," and can go a long way toward winning over one or more interested prospects.
General recommendations: While everyone's situation is different and unique, cleanliness, proper room lighting, and basic home staging techniques can help maximize your chances for a successful showing. Applying a fresh coat of paint, where needed, also increases the eye-appeal of everything from your front steps and hallways to bedrooms, bathrooms, and kitchen areas. Thoroughly steam-cleaning carpets and refinishing faded hardwood floors can also be cost-effective ways to bring out the full potential of your home
