The Real Estate Buzz

HomeZone Home Connection


August 2019
Posted: August 09, 2019 by Teri Krueger


 


     Featured Articles:

  • Featured Listing of the Month


HOUSING MARKET UPDATE

Here is a look at how the housing markets played out in our communities during July of 2019!

Click HERE for a larger image



Welcome to August!

We’ve waited a long time and worked through many cloudy days for the sun and warmth this season brings, and we certainly have had no shortage of hot days. In many ways, it is similar to the journey to closing on a new home. You work through the negotiations, financing and other hurdles to close and then it’s finally time to settle into your new home. In this issue we share ways for you to make the most of your investment and your enjoyment of it.   

*** Upcoming Events ***

Click on items below for more info on Owatonna & Albert Lea Area Events

  1. Steele County Free Fair
    August 13 - 18, 2019 
    Clink link above for locations & details
    Owatonna, Minnesota


  2. Woofstock 2019
    August 24th 10am - 12pm
    Lake Chase - Owatonna

  3. Cabelas Labor Day Festival
    August 31, 12 - 5pm

    Cabela's - Owatonna
  4. Big Island BBQ/Steak/Chili Cookoff
    August 23-24
    Freeborn County Fairgrounds
Click below for more information on these and other Events happening in August:




4 Ways to Increase Your Home's Value

Get the space you dream of or a return on your investment (or both) with these tips.

Whether you’re ready to make your home your own or hoping to get a return on your investment, there are several ways to increase your home’s value. Some are relatively simple while others require a greater investment of time and money. To help you along the way, we’ve compiled some of the best things you can do to up your property value. All you need to do is bring the budget and the elbow grease.

READ MORE!

5 Renovation Lies Perpetuated by DIY Television

Revealing the truths of home renovation and house flipping. We hate to burst your bubble, but it’s time the truth came out. Not all of home renovation is as it seems on reality television.  Shocking, right?

You can’t blame us for believing. After all, reality television makes it all look so easy to find and flip a fixer upper. Renovations go off without a hitch. It nearly always comes in under budget. And in the end, everything looks amazing, like a picture in a magazine.

But the truth of the matter is fixing up a property can be much more complicated than it looks on television. So to set the record straight, here are the five lies most often perpetuated by DIY TV, and the reality you can expect.

The most common myths of flipping or fixing up a home

1. It’s easy money

On fixer-upper television, renovation seems like an easy way to make or save a ton of cash. But in truth, renovation can be costly depending on its scope and who is performing the work, as well as a number of other factors. Industry experts know that home renovation budgets and resale values mentioned in reality renovation or DIY television are often way off the mark. Of course, pricing differs from city to town to region, and associated costs can swing up or down. But it’s important to remember that realistically you could pay more for renovations than television would have us believe, and earn less on resale.


READ MORE!

FEATURED LISTING
OF THE MONTH
240 Stoneridge Lane NE
Owatonna, MN 55060


The search for the perfect home can be over. This Beautiful 5 bedroom, 4 bathroom home has so much to offer featuring vaulted ceilings, beautiful kitchen with a new refrigerator, sile stone counters, custom cabinets, new flooring, master suite with a balcony, 7.1 surround sound, composite deck, and garage screens as well as a brand new roof in 2019!






FEATURED LISTING 
OF THE MONTH
106 Lee Place
Albert Lea, MN 56007

This spacious 3 bedroom home features hardwood floors, central vac, fireplace, wet bar, main floor laundry, Corian counter tops, walk in pantry, deck, 4 season room, under ground sprinklers and much more.






THINKING ABOUT A CAREER IN REAL ESTATE?
We would love to discuss your career opportunities with us.
Call us today at 507-663-1234 or
Email us at coldwellbanker@cbsouthmetro.com



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