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Sunday, December 14, 2014

Crow Wing County Monthly Market Report

The holidays are here and it is typical for the housing market slows during this period of time. However, there are still many home buyers out there that are serious about buying and they are continuing to search for their new home in Crow Wing County.

In the month of November the number of new listings on the market compared to this time last year dropped slightly to 70 new listings compared to 79 in 2013. There continues to be a shortage in the number of available homes for sale. The months supply of homes for sale decreased last month by 4.8 percent. The good news is pending home sales, which are good indicators of future home sales, increased last month by 1.5 percent year-over-year. The number of closed sales also increased in November by 0.2 percent over this period of time last year.

The number of median days a home remains on the market continues to drop. Year-over-year the median number of days a home is on the market fell by 9.3 percent to 92 days. Home sale prices continue to rise. The median sale price in November increased by 12.2 percent to $161,500. The average sale price in November increased by 6.9 percent to $204,717. The average percent of original sale price that sellers are receiving continues to rise. Last month sellers received 92.5 percent of their original asking price.

If you are looking to buy or sell a home in Crow Wing County, contact me, Bill Grunewald. My team and I enjoy helping folks like you find just the right spot to live your northern Minnesota Lake Country dream.

 

Bill Grunewald/ Edina Realty.

Licensed in Minnesota/ Lic # 20204156

Sunday, November 30, 2014

Quick Fixes to Make Your Crow Wing County Home More Sellable

When it comes to selling your Crow Wing County homes it is the little things that can make the difference.  If you are considering putting your home up for sale here are a few quick and easy things you can do to make your home more saleable.

  1. Make your bed.  A clean crisp bed helps the room show better overall.
  2. Dust.  Dust every surface in your home. No one wants to buy any dust bunnies.
  3. De-Clutter. This may be the most important thing you can do. You want potential buyers to focus on how much space you have, and the more things you have crammed in your home the less space it looks like you have. Rent a storage facility if need be to help de-clutter, and as a result your home will show tremendously better.
  4. Linen Closet. Potential buyers are going to look in your linen closet so be sure to fold everything and make it look tidy.
  5. Tidy your closet. Buyers want to make sure there is enough room for all their possessions. When it comes to your closet be sure to have everything you can hang be hung up and the rest organized.
  6. Turn on the lights. Prior to a showing on your home turn on all the lights so that buyers can see right away the features your home has to offer. Check all light fixtures to make sure there are no burnt out light bulbs, and add higher wattage bulbs if more light is needed.
  7. Welcome. If you do not have a welcome mat consider purchasing one, and if you do have one and it has seen better days then purchase a new one.
  8. Pets. Buyers will walk the property and the last thing they want to see or step in is your pet's feces. This can be a deal breaker. Clean up after your pets.
  9. De-personalize. Remove any family photos or any other type of decorations that are personalized that may distract buyers.
  10. Toys. To make a playroom look tidy invest in a few large baskets which will help with organizing them.

Our team would be delighted to help you find the perfect home in Crow Wing County during the holidays. My team and I enjoy helping folks like you find just the right spot to live your northern Minnesota Lake Country dream.

Bill Grunewald/ Edina Realty.
Licensed in Minnesota/ Lic # 20204156

Monday, November 17, 2014

Fireplace Safety Tips For Your Crow Wing County Home

The colder weather is here in full force, and many residents in Crow Wing County turn to their fireplace or wood stove to help heat their home. When using alternative methods to heat your home, safety should be your top concern.

Here are a few tips for safety and efficiency of your wood fireplace:

Burn only Firewood- It may be tempting to throw in that old lumber, painted wood, or construction scraps you have laying around the home, but don’t.  You should only burn firewood or log starters in your fireplace.  You also only want to burn dry, cured wood that has ideally been split stacked and dried for only eight to 12 months.  Hardwood such as white oak, hickory, maple, and white ash burn for the longest period of time and are ideal to use over less dense wood.

Damper- When not using your fireplace keep the damper closed.  It will prevent the warm air you are paying so much for from rushing up the chimney and blowing outdoors.  A top-mounted damper that can also function as a rain cap will provide you with a tighter closure than a traditional fireplace damper.

Chimney Cleaning- It is recommended that if you burn more than three cords of a wood a year you should have your chimney cleaned twice a year.  A cord is considered a stack of wood that is 4 feet wide by 8 feet long.  Between cleanings you should be monitoring your chimney for signs of creosote and soot buildup. Creosote is a dark or black colored substance that can build up if the wood you are burning is not burning completely.  Soot is softer than creosote, but both are flammable and could be a fire hazard.

Carbon Monoxide- Prior to burning your fireplace it is necessary that your home have carbon monoxide detectors installed near your fireplace and in all bedroom areas.

If you are looking to buy or sell a home in Crow Wing County this winter, contact me, Bill Grunewald. My team and I enjoy helping folks like you find just the right spot to live your northern Minnesota Lake Country dream.

Bill Grunewald/ Edina Realty.

Licensed in Minnesota/ Lic # 20204156

Tuesday, November 11, 2014

Crow Wing County Monthly Market Report


There is a chill in the air, but that does not mean the housing market in Crow Wing County is cooling.  For the month of October the number of new home listings rose by 4.4% to a total of 2,107 listings.  Overall the number of homes for sale in October fell slightly with a 3.8% drop over this period of time last year.

Pending home sales, which a strong indicator of what closed sales will be in the months to come, increased in October by 1.2% over the previous year.  Good news for home sellers, the total number of closed home sales last month in Crow Wing County increased by 6.9% when compared with year-over-year numbers. 

Homes are selling quickly. The median days a home is spent on the market dropped by 55.6% to 60 days, down from 135 days this time last year.   The average days a home is spent on the market in Crow Wing County dropped by 32.7% over last year to an average of 136 days in October. Not only are homes selling more quickly, they are selling for more.  In October the median sales price of home in Crow Wing County increased by 3.1% to $164,800, and the average sales price ended at $205,162 last month.

If you are looking to buy or sell a home in Crow Wing County, contact me, Bill Grunewald. My team and I enjoy helping folks like you find just the right spot to live your northern Minnesota Lake Country dream.

Bill Grunewald/ Edina Realty.

Licensed in Minnesota/ Lic # 20204156

Sunday, November 2, 2014

Selling Your Crow Wing County Home?  Five Home Improvement Projects to Avoid.

Making your home an inviting and comfortable place to live is what most home owners want.  If there is any chance in your future of selling your Crow Wing County home then here are a few projects to avoid.

Additions

If you are feeling short on space you may be considering adding on to your home.  Adding on can be very beneficial when it comes time to sell as long as it is made to look seamless.  Make sure that the new addition has the same floor and quality finishes as the adjoining rooms.

Luxuries

Adding a new pool, fountain, or your own putting green can sound fun and inviting. However, these types of luxuries are costly to maintain.  Future home buyers may be deterred by the upkeep and maintenance required of these luxuries.

Room Function

Beware of changing the original function of a room or space.  It is not uncommon for home owners who need more space to change their dining room into a media room, play room, or a library. In doing so you may leave future home buyers wondering where they will serve dinner.  Do you have a home office that you no longer use? Do not consider making it a new bedroom. Without the closets most buyers will not consider this a bedroom.

Finishes

Do you have popcorn or fan shaped painted ceilings? Adding updated paint to your walls will not be enough. It is important to update everything in the room down to the light switches.  Try to avoid any wallpaper as this is usually a very personal choice and can be deterring to a new buyer.  Also consider replacing carpet with new wood floors.

If you are looking to buy or sell a home in the Crow Wing County area,  contact me, Bill Grunewald. My team and I enjoy helping folks like you find just the right spot to live your northern Minnesota Lake Country dream.

Bill Grunewald/ Edina Realty.
Licensed in Minnesota/ Lic # 20204156

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