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Stacy Sheeley

Is it still a good time to sell your home?

The short answer is “yes.”  Overall, home prices are still up 2% over the same time last year.  They are expected to go back to pre-pandemic levels which are still historically high.  There is Buyer demand – especially for highly desirable homes and in all price ranges. November Market Report Local home prices are starting to look more like they did a year ago.  But we’re certainly in a different place than we were last year, when prices were soaring and setting records.  Of course, as we said at the time, those conditions were unsustainable.  Las Vegas Realtors reported that

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Stacy Sheeley

What happened in real estate in October 2022

It’s a great time to be a homebuyer in Las Vegas!  With 140% more homes to choose from than the same time last year, the market has become much more balanced.  Sales prices are still up over 7% from October of last year.  For homeowners who have been on the fence about making a move, now is still a good time to sell and take advantage of increased equity. So what happened in the Las Vegas Real Estate Market in October? Median Home Price $440,000  +7.3% from October 2021 Homes Sold 1,724  -44% from October 2021 Homes Without Offers 7,906 

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Stacy Sheeley

What Makes Your Property Value Increase? Key Factors To Watch.

Appreciation: The celebrated phenomenon of your home’s value increasing over time. The more your home appreciates from the purchase price, the more profit you’ll bag at resale.  Appreciation won’t passively manifest. You’ll need to maintain your home’s condition and keep tabs on your neighborhood’s development to secure a value rise. Real estate market factors Supply and demand Property values rise when a low supply of homes for sale meets strong buyer demand, as buyers compete in bidding wars to secure a home from the limited inventory. “We definitely have seen an increase in home values recently and the biggest factor driving that

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Stacy Sheeley

Does Your Home Have Curb Appeal?

The curb appeal of your home is a critical factor in attracting prospective buyers.  Buyers usually form an opinion within the first few seconds of pulling up to the home or online from the photos. Here are some tips to help you get started: Take a step back and look at your home through the eyes of the Buyer. Take care of small tasks such as weeding, mowing, sweeping, cleaning cobwebs and windows. Tackle bigger projects such as power washing, painting, patching stucco and planting. Stage – plant flower beds, flower pots, change out coach lights, a new door mat,

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Stacy Sheeley

Why You Should Stage Your Home When Selling

Staging creates additional perceived value – One of the biggest values with home staging is that it helps buyers believe the value of the property is higher.  By showcasing the features and benefits of each property through proper placement of furniture, art and creatively accessorizing, you can control the way a buyer sees the space. Properties that are staged need fewer upgrades and updating – Depending on the price point of the property, staging can create such a visual change, buyers will either not notice or not care about costly updating.  Home staging helps to detract from negatives and accentuate

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Stacy Sheeley

Easy Updates to Increase the Value of Your Home

Are you thinking of remodeling or preparing your home to sell?  Here are some easy things you can do to increase the value without a major renovation. Change Your Hardware Door knobs and cabinet hardware are an often overlooked item during renovations.  A modern look is brushed nickel and a more old world look is oiled bronze.  Build.com has a vast array of very inexpensive door handles, cabinetry hardware, kitchen and bathroom fixtures.  If looking for high-end, Restoration Hardware Crate & Barrel, and Pottery Barn have nice selections but you can likely find the same thing by searching the internet.

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