Tag Archives: Dinsmore Team

How Much Do You Know About the Radon Levels in Your Home?

Friday, 23 January 2015 22:07
Written by
0 Comments

georgiaradonmapDid you know that January is Radon Action Month?  No?  Well, are you even sure what radon is?  If you’re like a lot of people, you may have heard about the hazards of radon in passing; however, whether you’re a homeowner or a renter, it’s important to be aware of what it is and why it matters to your life.

Plain and simple, radon is a naturally occurring radioactive gas that is released by rock, soil, and water, which can build up to dangerous levels within any home.  In the past, many people believed that homes built upon slab foundations were immune to this odorless, invisible gas; however, it’s important to note that it can be found within old or new homes, well-sealed or drafty homes, and homes with or without basements.

Breathing radon can greatly increase your risk of lung cancer, which has actually made it the number one cause of lung cancer among people who do not smoke.  In fact, the Environmental Protection Agency estimates that radon causes more than 20,000 deaths from lung cancer in the U.S. each year.

With this, it’s important to note that not only has radon been found in every state, but its levels can vary greatly between homes within the same area.  In the United States, the average indoor radon level is about 1.3 pCi/L (picocuries per liter of air), while the average outdoor level is about 0.4 pCi/L.  According to the EPA, it is recommended that people consider fixing their homes if their radon levels sit between 2 pCi/L and 4 pCi/L.

If it is discovered that your home contains high levels of radon, it’s not only possible to fix the problem, but it can be done for about the same cost as other common home repairs.  While your personal situation will still depend upon how your home was built and how you use it, it’s important to note that testing for it is incredibly easy and incredibly worthwhile.

If you have questions about the process or you’re concerned about your home, I would love to put you in touch with a qualified inspector who can help keep you and your family safe.

Please do not hesitate to contact me.

Marie Dinsmore | The Dinsmore Team | www.dinsmoreteam.com | 770-712-7789

The Myths and Realities of Home Appraisals

Saturday, 27 December 2014 20:31
Written by
0 Comments

78377971Whether you’re planning on buying or selling a home, chances are good that you’ll come into contact with an appraiser at some point; however, while most of us have a basic understanding of what a home appraisal is, there are a lot of myths that surround the process that are worth understanding before making the decision to buy or sell.

MYTH: The appraised value of a property will vary depending upon whether the appraisal has been completed for the buyer or seller.

REALITY: Since the appraiser has no vested interest in the outcome of the appraisal, they should conduct their assessment with a sense of objectivity and no special regard for the party who initiated the process.

MYTH: A home’s market value should be in line with its replacement cost.

REALITY: While market value seems like it should be related to replacement cost, it’s important to understand the distinction between the two ideas since they are actually quite different.  For example, even though your home’s replacement cost may be set at $450,000, its market value may sit closer to $400,000.  In short, market value represents the amount of money a buyer would likely pay when not under pressure to buy or sell, while replacement cost represents the actual dollar amount required to reconstruct the property in-kind.

MYTH: Appraisers use a formula, which details the specific price per square foot, to settle upon the value of a home.

REALITY: When an appraisal is completed, all factors pertaining to the home’s value are taking into account, including its location, condition, size, proximity to local facilities, and recent sale prices of comparable properties.

MYTH: When the sale prices of homes in any given area are reported to be rising by a particular percentage, local homeowners can expect their individual properties to appreciate by the same percentage.

REALITY: While area can make a difference, value appreciation of specific properties is still determined on an individual basis, which takes into account factors such as data on comparable properties and other relevant considerations.

MYTH: When applying for purchase or refinancing loans, consumers pay for their appraisal, which means they “own” it upon completion.

REALITY: While a small portion of your loan may go towards paying for the appraisal, it is, in fact, legally owned by the lender.  Still, under the Equal Credit Opportunity Act, consumers who submit a written request must be furnished with a copy of their appraisal report.

MYTH: An appraisal is the same as a home inspection.

REALITY: Yes, at first glance the two job descriptions may seem similar; however, their final functions remain quite different.  The purpose of an appraiser is to form an opinion of the value of a home—and to process the resulting report—while a home inspector determines the condition of the home and its major components before stating their findings.

In the end, if you’re looking to add value to your home for an expected appraisal or you would like to know more about the process, it’s important to speak with an experienced Realtor who can help you not only make the right decisions, but feel comfortable about the appraisal proceedings.

If you would like to know more, please feel free to contact me.  I’m always here.

Marie Dinsmore | The Dinsmore Team | www.dinsmoreteam.com | 770-712-7789

Featured Neighborhood: Avalon in Alpharetta

Thursday, 11 December 2014 21:47
Written by
0 Comments

0114AvalonEatStreet If you’re looking to live the high life without dealing with Atlanta’s gridlocked roads and expensive parking, then Avalon—Alpharetta’s newest mixed-use development—is sure to catch your eye.  Located on 86 acres of land at the intersection of GA 400 and Old Milton Parkway, this $600 million development is more than just the 101 single-family courtyard homes—it includes over 100 exclusive shops and restaurants.

A community designed around the old world charm of walkable cities, residents will be treated to a neighborhood filled with opportunities for alfresco dining, luxury shopping, and nightly entertainment, while also enjoying the privacy of personal courtyards and homes equipped with designer finishes.

3624385788Ranging in price from $600,000 to $2 million, these exquisite Monte Hewett homes come filled with an assortment of upscale touches, such as professional series appliances, open floor plans, oversized master’s suites, and stunning views.  Many of the homes come standard with three-car garages, while others boast custom libraries with grand 14-foot ceilings and multiple fireplaces.

RETAIL

Threads, Anthropologie, Arhaus, Athleta, Banana Republic, BCBG Max Azria, Boston Proper, C Wonder, Calypso, Columbia, Crate & Barrel, Dental Town, Destination Maternity, Dry Bar, Everything But Water, Exhale, Fab’rik, Fly Wheel, Francesca’s, Free People, Fuzzywigs Candy Factory, Gap, Gymboree, J. Crew, J. Jill, J. McLaughlin, Janie and Jack, Kendra Scott, Kinnucan’s Specialty Outfitter, L’Occitane, LensCrafters, Lou & Grey, Marmi Mitchell, Gold + Bob Williams, Note Worthy Paper, Orvis, Paper Source, PNC, Pooch ‘N’ Paws, Pottery Barn Kids, Regal Cinemas, Road Runner Sports, Sage, Soft Surroundings, Sunglass Hut, The Cosmetic Market, Tommy Bahama, Tumi, Van Michael Salon, Velina, Vineyard Vines, West Elm.

54296d710c9a2FOOD/DINING Whole Foods, Antico, Bantam + Biddy, Bantu, Bocado Burger, Caffe Gio, Cru, Goldberg’s Fine Goods, Kona Grill, Marlow’s Tavern, Oak Steakhouse, Pinkberry, Ted’s Montana Grill, The El Felix

SCHOOLS

Elementary – Manning Oaks

Middle – Hopewell

High – Alpharetta

If you have any questions or you would like the assistance of an experienced Realtor, please do not hesitate to contact me.

Marie Dinsmore | The Dinsmore Team | www.dinsmoreteam.com | 770-712-7789

Featured Neighborhood: Manor North by Edwards Andrews Homes

Friday, 21 November 2014 23:52
Written by
0 Comments

COMMUNITYIS10a1yprx6vmr

From the low 500’s, this luxurious gated community boasts a country club lifestyle, complete with a recently renovated community clubhouse, pool, and tennis complex; however, as part of The Manor Golf and Country Club, all residents will also gain access to the Tom Watson-designed championship golf course, both indoor and outdoor pools, and the state-of-the-art exercise and tennis facility.

LOCATION

Located on the beautiful sprawling acres just off Hopewell road in Alpharetta, Manor North is conveniently near an array of top dining and shopping establishments, including The Collection at Forsyth and Avalon, as well as Northpointe Mall.  In addition, a whole host of outdoor recreational activities can be found nearby, to include Lake Lanier, the Big Creek Greenway, Fowler Park, and the Chattahoochee River National Recreation Center. For those residents seeking an easy commute into Atlanta, GA 400 is minutes away, along with GA 20 and several Marta stations.

SCHOOLS

For families with children, Manor North is within the Cherokee County school district—which is one of the best districts in the state—and is near Free Home Elementary, Creekland Middle School, and Creek View High School.  Nearby private schools include King’s Ridge Christian School, Alpharetta International Academy, Chandler Academy, and St. Francis School.

manor_north_community_cardINTERIOR DESIGN FEATURES

Each home is artfully designed around an open floor plan with an abundance of natural light, and comes standard with granite countertops in all baths as well as the kitchen.  10-foot ceilings round out each main level, along with hardwood flooring, a grand entryway, and a 42-inch direct vent gas fireplace.  Stainless steel appliances can be found in each kitchen, along with tile backsplashes, crown molding, stained solid maple wood cabinets, and recessed lighting.

The owner’s suite includes spacious walk-in closets, as well as vaulted ceilings, double vanities, and an elegant garden tub, while the private guest suite keeps your visitors feeling welcomed and comfortable.

EXTERIOR DESIGN FEATURES

Each home features a traditional and craftsmen style design using brick, natural stone, and siding variations, along with standing seam metal porch roofs and professional landscaping packages.  A three-car garage comes standard on each property and a gorgeously constructed deck with stairs is included on the rear of each house.

Kingswood-roswell-georgia-rutledge-covered-patio-fireplaceCONTACT

To learn more about the community, please feel free to visit their website at http://www.eahomes.com/communities/manor-north/ or contact their sales center at 678-738-7611.

If you would like the assistance of an experienced agent or to schedule a viewing, please feel free to contact me.

Marie Dinsmore | The Dinsmore Team | www.dinsmoreteam.com | 770-712-7789

Six Pricing Mistakes Sellers Should Avoid

Friday, 14 November 2014 18:18
Written by
0 Comments

house-for-sale1When attempting to sell your home, the goal is to garner as much money for your investment as possible; however, the catch-22 is that one of the key factors to actually encouraging interest on your property is to offer a fair price.  Therefore, if you are serious about finding the right buyer, establishing a solid pricing strategy is an absolute must.

With this in mind, it’s important to start by being aware of the six common pricing mistakes that all sellers should attempt to avoid.

1.) OVERPRICING FROM THE START: Sure, you obviously love your home and feel that it’s the best property on the block; however, while it may seem natural to start with a listing price that is relative to the value you see, making the mistake of overpricing your home at the outset could deter potential buyers—especially if recent sales and other neighborhood factors fail to justify your starting point.  In addition, since multiple price reductions tend to keep properties on the market for longer periods of time, you may be setting yourself up for avoidable frustration.

2.) LEAVING OUT POTENTIAL BUYERS IN ONLINE SEARCHES: When perusing through online listings, the first parameter that most buyers use to narrow their options is price.  For example, if a buyer’s target price range is $250,000 to $300,000, your home will never get seen if it’s listed at $305,000.  While that last $5000 may be important to you, it’s probably wise to settle upon $300,000 so changes are better that you’ll capture buyers in the ranges above and below your price.

Ultimately, what you decide upon is up to you and your agent, but if you’re already teetering on your price anyway, having a bit of flexibility might be worth considering.

3.) NOT TAKING RECENTLY SOLD PROPERTIES INTO ACCOUNT: While it may seem logical to base your starting price off of what other homes are listed for in your area, it’s important to understand that in order to generate buyer interest, you should consider final sale prices instead.  Having a solid understanding of the recent sales in your neighborhood will not only help you to see the bigger picture, but bring you some peace of mind as well.

4.) GETTING TOO CREATIVE WITH YOUR ASKING PRICE: When shopping retail, there’s a reason prices tend to include round, easy numbers—i.e. $15.99, $220.00, $6.50—instead of complex combinations like $15.26 or $219.82.  In order to generate interest, you’ll want to make things easy for potential buyers by selecting a price that’s memorable and inviting.  Listing your home for $512,477 instead of $512,000 may not only give potential buyers pause, but divert unnecessary attention from your property to you, the seller.

5.) NOT BEING OPEN TO NEGOTIATION: Plain and simple, negotiation is a two-way street, which means finding a bit of common ground is important.  The quickest way to kill a sale is to refuse to budge in regards to your asking price or the other conditions involved in the final agreement.  Instead of digging your heels in from the very beginning, ask yourself whether you’d rather wait a long time to get your full asking price, or whether you’d like to close as soon as possible.  By thinking in those terms, you’re more likely to see the benefit in making a few concessions.

6.) IGNORING YOUR AGENT’S INSIGHTS: The first step in selling your home for an acceptable price is to not only select an experienced agent, but to listen to their advice.  Helping you sell your home is about more than simply placing it online or putting signs in the yard—it’s about looking at your individual situation from all angles, to include your home’s features, the local market, recent sales, and more.  Therefore, if you want to make an informed decision, make a point to listen to the information being provided.

If you would like to know more or if you want to begin the selling process, please feel free to contact me.  I’d love to hear from you.

Marie Dinsmore | The Dinsmore Team | www.dinsmoreteam.com | 770-712-7789