Getting Ready to Sell Your Farmington Hills MI Home? Things Most People Forget to Do 

Getting Ready to Sell Your Farmington Hills MI Home? Things Most People Forget to Do 

Getting Ready to Sell Your Farmington Hills MI home? Here are 15 things you’ll want to do before showing your home to potential buyers, that many sellers forget to do.

Congratulations – you’ve decided to sell your Farmington Hills MI home. You’ve lined up a qualified real estate agent and you’ve started on your lists of small repairs. However, before you put your home on the market and have your first open house, there are a few things you’ll want to do first that require little effort and money. The simple home staging tips (most of which are totally free) listed below will help you get your home ready to show and sell faster for more money: 

1. Declutter and organize 

One thing you should definitely expect during an open house or home showing is for potential buyers to look in your closets, kitchen drawers, and cabinets. Homebuyers will be asking themselves how their own things are going to fit as they walk through your home. That is why you want to declutter and organize before showing your home. If your closets are stuffed full, you have a lot stored under the beds, and most surfaces in your home are cluttered, now’s the time to go through everything.

Donate whatever items you haven’t used in a year. Give things away to family and friends. Have a garage sale. Items such as family heirlooms, pictures, keepsakes, and personal memorabilia can all be stored away for the time being. The fewer things you have inside, the bigger your home will look and feel. Start by decluttering your closets, cabinets, and drawers and keep only enough belongings in each to really show off the potential space your home has to offer. Think of it as staging your storage areas.  

2. Straighten the pantry 

Pantries sell homes. Make yours appear roomier by straightening the shelves, organizing and grouping like items, organizing with bins, throwing out expired food, sweeping and mopping the floor, wiping down the shelves, and repainting and lining the shelves with fresh liner, if needed.  If you are using the floor for extra storage, clear it. You want the pantry to appear as large as possible to potential buyers.   

3. Empty the kitchen sink 

Nothing is more off-putting than a sink filled with dirty dishes. Make sure to always have a clean and empty sink by emptying the dishwasher in the morning. That way, every time you or a family member uses a dish, it can be rinsed off and immediately put into the dishwasher. This will prevent you from having to worry about doing a load of dishes last minute. Dry your sink using a damp towel when you are finished rinsing dishes and it will shine like new and impress potential buyers.  

4. Dump the kitchen trash 

This might seem simple, but don’t forget to take out the kitchen trash before a showing. You can even keep your trash bin in your garage while your home is for sale. It might be a bit inconvenient, but it will keep smelly trash out of the house. It will also be easy to grab and throw away in the big trash can on your way out.

5. Get rid of the dust 

Dust collects everywhere in our homes, especially in those hard-to-reach high places. Pay attention to the corners of rooms. Knock the spider webs down with a broom. Ceiling fans love to collect dust. Invest in an extra-long ceiling fan duster. Make sure the fan blades are dust-free. Blinds are another item that collects dust. Make sure you clean those too. Try using an old sock over your hand while wiping across each slat, starting at the top.

6. Clean the floors & carpet 

Be sure to vacuum carpets and rugs and sweep underneath furniture. One of the first things potential homebuyers look at when entering a new home is the floors, so make sure yours look their best. If your carpet is dirty, stained, or has a funky smell, be sure to get it professionally cleaned before you start showing your home to potential buyers.

7. Replace light bulbs

You want your house to look its brightest when homebuyers are touring it and replacing old burnt-out light bulbs is one of the easiest ways to achieve brightness.  Also, don’t forget to walk around the outside of your house to make sure all the lights around the exterior are working as well.

Depending on the time of year, open house or home tours could happen when the sun is going down or when it’s already dark. Make sure all your light bulbs are the same color inside as well as outside. A soft-white light LED bulb can create a bright but welcoming environment for new homebuyers.

8. Focus on the details: plants, mirrors, rugs & flowers

You may feel like spending a lot of time and money on your house is pointless because you’re just going to sell it anyway. However, the more you appeal to the majority of homebuyers, the more likely your house will sell faster and for more money.

Focus on the details. Nothing breathes life into a room more than a little greenery. A potted tree can work wonders in a living room. For smaller areas. think of smaller plants like a few potted herbs in the kitchen or a miniature ivy plant placed on the fireplace mantel.

Mirrors can be used to make small spaces appear larger as they create the illusion of depth. Mirrors also work great in darker rooms as they can reflect light deep into areas of a room that may not get an abundance of natural light.

Also, consider adding character to various spaces in your home with accent rugs. Just make sure the rug doesn’t take over and become the main focal point. A vase of fresh flowers can bring color into your home and make it feel more inviting to potential buyers. 

9. Paint: baseboards, crown molding, trim & door frames

It’s fairly common knowledge that potential homebuyers want to be able to picture themselves and their belongings in your space when looking at homes. So, if you happen to have a chartreuse accent wall, you’ll probably want to paint over it with a more neutral color.

Also, pay attention to the baseboards and crown molding. Your crown molding may just need some cleaning and a few touch-ups, whereas your baseboards have likely seen a lot more traffic, especially if you have kids. Try cleaning the baseboards with dish soap and water first. If they are still marked and scuffed up beyond that, you’ll most likely need to paint. 

Trim and door frames take a huge beating, especially if you have kids. Buy a gallon of trim paint and invest an afternoon touching up all the trim and door frames in your entire house. Paint will make everything look clean and brand new – you’ll be amazed at the difference.

10. Make sure your home smells inviting

Household odors will be the first thing potential buyers notice when they enter your home and can be a deal breaker. Deep cleaning your home can do wonders. If you don’t have time to do it yourself, hire a professional house cleaning service. 

Along with a really good cleaning, you can also use air freshener sprays, plug-in wax warmers, or even candles while showing your home. Some sellers go all out and bake  cookies before a showing. Whatever you do, make sure your home smells good.

11. Clean glass windows & doors 

You want to make your house shine inside and out. Windows and doors bring light in and can be a huge plus to a potential buyer. Make sure all your windows are clean (even the window sills, which collect dirt and dust. Before a showing, quickly clean the high traffic areas in your home like the back door.  

12. Clean the light switches and doorknobs 

Look around your home and you’ll probably find a few fingerprints and smudges, especially around light switches and doorknobs. Use a damp rag and a little cleaner to clean and polish all these areas. Be sure to address any light switches that are near the kitchen sink disposal, in the bathrooms, your kids’ rooms, and by the garage door. 

13. Clean and stock the bathrooms 

You want your bathrooms to be super clean. Take nick-knacks off the sink and counters. Be sure the toilet is flushed and close all the toilet lids. Also, make sure you have a fresh toilet paper roll in your bathroom; It just makes it look better to be fully stocked. Add fresh towels and make sure the bathroom garbage cans are empty.

14. Declutter and clean the garage 

Declutter the garage before showing your home. A cramped garage full of stuff can be a huge turn-off to potential buyers. A clean, well-organized, and freshly painted garage looks a lot more spacious and could actually turn out to be a huge selling point. 

15. Enhance your home’s curb appeal  

Ultimately, your outdoor space can be just as important as what your home has to offer on the inside. Enhancing your home’s curb appeal is one of the most impactful things you can do to create a great first impression and get potential buyers to have a look inside.

Be sure to remove any toys, bicycles, lawn furniture, equipment, etc. visible from the street. In addition, simple enhancements such as placing potted plants on your front porch, giving your front door a new coat of paint, or adding fresh bark around the base of your hedges and trees can go a long way to enhancing your home’s curb appeal.  

The takeaway

When selling your Farmington Hills MI home, decide on a local REALTOR® to work with early in the process and take advantage of their expertise and resources. You want a qualified agent who specializes in your area as every market is different. Then research together with your REALTOR® what comparable properties are selling for in your neighborhood to better understand what your home needs to make it stand out above the rest.

Keep in mind that you are not obligated to sell a perfect house. An experienced Farmington Hills MI REALTOR® can help you prioritize where to spend time and energy that will give you the best return.

Partner with Top-Rated Farmington Hills REALTOR® -Tom Gilliam

Whether you are interested in buying a home in the area or selling your Farmington Hills MI home, take advantage of Tom’s 17-plus years of experience as a top-rated Farmington Hills MI REALTOR®. For buyers, Tom will help you find the perfect home for your lifestyle needs in the right neighborhood. For sellers, Tom will get your home sold fast and for the most money.

He will look out for your best interests, advocate for you, negotiate on your behalf, and go the distance to ensure the best results possible. Get the home buying or selling process started today by calling Tom Gilliam directly at (248) 790-5594 or by email.

Tom Gilliam, REALTOR®
RE/MAX Classic
29630 Orchard Lake Rd.
Farmington Hills 48334
Direct: 248-790-5594
Office: 248-737-6800
Email: Homes2MoveYou.com
License #314578 

Things to Know About Buying A Farmington Hills Home With Guest Unit

Things to Know About Buying A Farmington Hills Home With Guest Unit

Things to Know About Buying A Farmington Hills MI Home With Guest Unit 

For many homebuyers, a separate guest house or attached in-law suite is the ultimate home purchase wish-list item. There are so many advantages to owning a guest unit. Some homeowners may use it to host relatives for long-term visits throughout the year. It’s much more convenient to have separate accommodations for guests, allowing both you and them plenty of privacy and space. While others might use the unit to house elderly parents, as transitional space for older children, as a studio, home office, or gym, or as a source of passive income by renting it out.  

Multigenerational Housing

As the demand for multigenerational housing steadily increases, so has the interest in guest houses and in-law suites. It is estimated that 64 million Americans currently live in multigenerational households. Mostly associated with the millennial generation, more young adults are staying home and living with their parents for longer to give them the time to earn money and gain financial independence before they strike out on their own.

Guest homes are ideal in this situation giving both parents and the young adult plenty of privacy and personal space. An in-law unit can also be the perfect accommodations for elderly parents, providing a convenient and comfortable setting that allows for independence and privacy, and with added affordability compared to separate households. Considering the average cost of assisted living can cost as much as $4,000 per month, it’s easy to see how this option can be a win-win situation for everyone in the long run.

Passive Income

A guest unit can also be a great source of passive income through renting, whether for long-term renters or for short-term vacation rentals like Airbnb or VRBO. If you decide to take the renting route, you will need to check with your local city for any requirements regarding permits or zoning laws that may prohibit you from renting the space. In particular, vacation rentals using Airbnb have specific rules and zoning laws you must follow.  

Also keep in mind that with a vacation rental, you must pay to furnish and stock the unit, manage bookings and payments, hire a cleaning crew, keep up with landscaping and repairs, and find new ways to attract happy renters. Is your home is in a popular area? Will you even have renters that will want to stay there? Also, be sure to factor in vacancy when considering costs. How many renters will you need to be consistently renting the unit to make a profit, let alone break-even?

In order to make the home attractive to renters and prospective home buyers when it comes time to sell, the suite should have the ability to be closed and locked to the rest of the home for privacy and should truly function as an independent space with kitchen and bathroom facilities. Easy accessibility to the separate unit, as well as handicapped accessibility, improves the function of the independent living space and increases the value.

Will a guest house be included in the overall square footage? 

An additional structure that is not connected to the main house in any way will not be included in the overall square footage. An example of this is a guest house that is in the backyard and has its own entrance. These structures are considered Added Detached. This is because the livable square footage of a detached guest house isn’t included in the price per square foot calculations. Garages, pool houses, guest houses, or any rooms that require you to leave the finished area of the main house to gain access are not counted.

If the additional structure is attached to any part of the main house, it can be included in the square footage. This applies even if the structure has its own entrance. For example, a guesthouse or in-law unit that can only be accessed from its own door but shares a wall with the kitchen in the house.

Will a guest house or in-law suite increase your home’s value?

At some point, you may want to sell your home and in-law unit – perhaps you move for a job or want to downsize when you retire. Whatever the reason, you’ll want your home to have gone up in value so you can walk away with more cash in your pocket. Homes with separate guest houses or attached in-law suites are growing in popularity. More and more families are choosing to live in multi-generational homes either to care for their aging parents or because of financial reasons. 

However, while homes with guest units are increasing in demand, there is no hard figure on how much value they will add to your home because every real estate market is different. Buyers are looking for different features at different times, though an extra suite is likely to stand out for many reasons. If you want to calculate the value of your in-law unit, determine what it’s really worth including the value it will add to your own lives if you’re not planning on selling your home anytime soon. 

If you use it to save money on in-home caregiving or retirement homes, what would you have spent on these things if you didn’t have the suite? If you plan on making money through short-term rentals, what will that income amount to? Also, think about what it would cost to add an in-law suite in the future. These things can all mean extra value to the right buyer.  In-law suites and guest homes are highly sought-after elements, and when it comes time to sell, anything to make your property more desirable can tip the scales in your favor.

Final Thoughts

Buying a Farmington Hills home with a guest unit is a big financial decision that can quickly get overwhelming when you maneuver through the extra paperwork and city requirements. An experienced, Farmington Hills MI real estate agent can help you navigate the local market, city laws, and find an affordable property with an in-law unit that fits your budget so you have cash left over to cover any extra guest home expenses and upkeep costs.

Partner with top-rated Farmington Hills MI REALTOR® – Tom Gilliam

With a passion for real estate, Tom Gilliam has been serving Farmington Hills and the surrounding Oakland County MI area for nearly two decades. Tom is known for his friendly demeanor, dedication, and professionalism. He will be able to quickly ascertain your needs and goals and create a plan of action based on your specific criteria. Tom’s clients appreciate his honesty and transparency and feel it helps them as they make important real estate decisions. He understands how important good communication skills are to every transaction and is available for his clients whenever they have questions or concerns – promptly returning all phone calls, texts, and emails.

Having someone like Tom to advise and guide you means there is one less thing you need to worry about. He will protect your interests, advocate for you, negotiate on your behalf, and go the distance to ensure the best results possible. If you are interested in buying or selling Farmington Hills real estate or homes in the surrounding area, please give Tom Gilliam a call at (248) 790-5594 or you can reach him by email.

Tom Gilliam, REALTOR®
RE/MAX Classic
29630 Orchard Lake Rd.
Farmington Hills 48334
Direct: 248-790-5594
Office: 248-737-6800
Email: Homes2MoveYou.com
License #314578 

Map Farmington Hills MI

Buying A Rental Property in Farmington Hills MI: What You Need To Know

Buying A Rental Property in Farmington Hills MI: What You Need To Know

Buying A Rental Property in Farmington Hills MI:
What You Need To Know

Buying a rental property in Farmington Hills MI is a big decision with big financial implications. When you purchase a rental property, you buy a house (often a multifamily home), find tenants, and take care of the property while collecting monthly rent and paying property taxes. When planned and executed well, a rental property can be a good investment that eventually becomes a source of income and profit.

However, as with any investment, there are pros and cons to consider. Rental properties can be financially rewarding and have numerous tax benefits, including the ability to deduct insurance, the interest on your mortgage, and maintenance costs. The drawbacks of owning rental properties include a lack of liquidity, the cost of upkeep, the potential for difficult tenants, and a declining neighborhood or market.

Let’s take a deeper dive into the pros and cons of investing in rental properties:

Pros of rental properties

As a rental property owner, you will have an opportunity to secure a steady income stream, all the while building equity and letting your investment property appreciate in value. Another benefit to owning rental property is that you will be able to reap a number of tax benefits. 

Tax benefits

Property owners with tenants can deduct numerous expenses associated with generating rental income. These expenses, which may include mortgage interest, real estate taxes, casualty losses, maintenance, utilities, insurance, and depreciation, will reduce the amount of rental income that’s subject to tax. 

The IRS allows you to deduct expenses connected with rental property in the categories of Ordinary and Necessary Expenses, Improvements, and Depreciation. This means that you can deduct your insurance, interest on your mortgage, maintenance costs, and physical wear and tear on your property.

Depreciation may produce a nominal loss, which in turn can be deducted against other income. In other words, you may achieve net positive cash flow from the rental income minus expenses and still have a net loss for tax purposes. But be aware that depreciation also reduces the cost basis of a property for calculating capital gains when you sell your property.

Seasonal Rentals

If you rent your property seasonally, you may use it yourself for 14 days per year—or 10% of the number of days that you rent to others at a fair market price and still be able to deduct your expenses. 

1031 Exchange

Section 1031 is a provision of the Internal Revenue Code (IRC) that allows the owners of investment property to defer federal taxes on some exchanges of real estate. The provision is used by those who are selling one property and reinvesting the proceeds in one or more other properties. In other words, in a 1031 exchange, you can sell a rental property and invest in another of “like-kind” without paying capital gains taxes.

Generally, if you make a like-kind exchange, you are not required to recognize a gain or loss. If, as part of the exchange, you also receive other (not like-kind) property or money, you must recognize a gain to the extent of the other property and money received. You can’t recognize a loss.

Properties are of like-kind if they’re of the same nature or character, even if they differ in grade or quality. For example, an apartment building would generally be “like-kind” to another apartment building.

Renting Extra Space

You can treat a room or area of your home, such as a garage, basement, or accessory dwelling unit, like a rental and write off a percentage of the mortgage interest and other expenses against its income. However, Keep in mind there might be laws where you live that prevent residents from renting to people who are unrelated to them without a license or permit. Make sure to check your city zoning laws to ensure you are proceeding legally.

Cons of rental properties

Though buying a rental property in Farmington Hills MI can be a solid real estate investment, there are a few potential drawbacks to owning one that should be considered, such as:

Non-liquid asset

Real estate is not an asset that can easily be converted into cash in a short amount of time. Liquid assets include things like cash, money market instruments, and marketable securities. Even in a hot market, it can take several months to find a buyer and receive the money in hand from the transaction. And if your timing is driven by an emergency or other unexpected life event, your need to sell fast might not garner the best price.

You could also get stuck in a scenario where your money is tied up in a home you can’t sell, or a home that keeps costing you additional money in maintenance and repairs. Or, you may have to deal with vacancies in between leases, which could leave you having to foot the entire cost of owning that property yourself without the rental income to offset it.

Less than ideal tenants

Despite your due diligence in screening prospective renters, you could end up with less than ideal tenants. They could be needy or demanding, consistently pay late on the rent, forget to turn off the water, and so on. They could also be destructive, in which case the depreciation allowance in the tax code may not be enough to cover the cost.

If a tenant fails to pay rent, it could create potential cash flow issues for you if you require that income to keep up with ownership costs. While vetting tenants and collecting a security deposit can help mitigate these risks, they don’t eliminate them completely.

Declining neighborhood or market

In an ideal scenario, your investment property will flourish amid other well-maintained dwellings and local amenities will improve. As a result, your cash flow will increase steadily and your costs will remain stable. However, there is also the chance that your rental property could decline in value. Neighborhoods can change over time, and sometimes for the worse. 

You’ve probably heard that the key to real estate investing is “location, location, location.” This is true for all different aspects of a property’s location—the larger metro market it is located in, the specific area of town, and even the specific neighborhood. 

A growth market is one of the most critical aspects of any location you choose to invest in. However, there’s no guarantee that a market will remain a growth market and can always switch to a declining market.     

Being a landlord 

Being a landlord is not for everyone. It involves wearing a lot of different hats, including customer service representative, leasing agent, tenant screening professional, bookkeeper, handyman, property inspector, and sometimes bill (rent) collector.

Being busy is one thing but you’ll also have to deal with your share of stress. It doesn’t matter how well-maintained your rental property is or how accommodating of a landlord you are, some tenants are demanding and problematic no matter what. 

As a landlord, you’re also always on the clock as you never know when problems will arise. That could mean rushing over to your property at 2 a.m. to fix a leak or having to chase down your tenants for the rent.

Maintenance and repairs

Except in certain cases, such as battery and light bulb replacement, maintenance and repairs are the physical and financial responsibility of the rental property owner.  Even preventative and regular maintenance tasks that traditionally are left to residents may be better handled by the landlord.

For example, just because your tenants are capable of regularly replacing smoke detector batteries and furnace filters doesn’t mean they will remember to do so.

Also, don’t forget the outside. Trees grow, gutters accumulate debris, faucets and sprinkler systems leak, and hornets build hives. Some property owners can save money by doing the work themselves while others lack the time and skills for home repairs. Expect to shell out periodic contractor fees.  

The takeaway

There are pros and cons to every aspect of investing. But as long as you are aware that it won’t be smooth sailing all of the time, buying a rental property in Farmington Hills MI can be a profitable and rewarding experience. Having a tenant pay down your mortgage or provide you with monthly cash flow can be a wonderful thing.

However, if you are a beginner real estate investor and about to buy your first rental property, then you might want to consider finding an experienced Farmington Hills MI REALTOR® to work with as buying investment rental properties without an agent requires experience in real estate.

Partner with top-rated Farmington Hills MI REALTOR® – Tom Gilliam

With a passion for real estate and a commitment to his clients, Tom Gilliam has been serving Farmington Hills and the surrounding Oakland County area for nearly two decades. Tom is known for his friendly demeanor and professionalism. His personal approach to the real estate process allows him to connect with his clients and find the right property for them. He will quickly ascertain your needs and goals and create a plan of action based on your specific criteria. 

Tom is someone you can trust and feel good about working with. His clients appreciate his honesty and transparency and feel it helps them as they make important real estate decisions. An excellent communicator, Tom always makes himself available for his clients whenever they have questions or concerns. He promptly returns phone calls, texts, and emails.

Having someone like Tom to advise and guide you means there is one less thing you need to worry about. He will protect your interests, advocate for you, negotiate on your behalf, and go the distance to ensure the best results possible. Get the home buying or selling process started today by contacting Farmington Hills MI REALTOR® – Tom Gilliam at (248) 790-5594 or send him an email.

Tom Gilliam, REALTOR®
RE/MAX Classic
29630 Orchard Lake Rd.
Farmington Hills 48334
Direct: 248-790-5594
Office: 248-737-6800
Email: Homes2MoveYou.com
License #314578 

Map Farmington Hills MI

Selling Your Farmington Hills MI Home? Buyers Want Home Office Workspace

Selling Your Farmington Hills MI Home? Buyers Want Home Office Workspace

Selling Your Farmington Hills MI Home? Buyers Want Home Office Workspace

Although there’s been a significant uptick in buyer demand for home office space in the market, working-from-home was already a growing trend well before the pandemic. Statistics show that as of 2018, there were 4.3 million remote workers in the U.S., which was an increase of 140% since 2005. 

Both employers and employees are realizing many of the benefits that come from working from home. And workforce analysts predict that by the end of 2021, as many as 30% of all employees will still be working from home at least part of the week.

As a growing number of companies are requiring or offering the option to work from home, more Farmington Hills MI home buyers are including home office space on their must-have checklist. 

In response to the demand, sellers are now positioning extra space in their home as a “home office” or “workspace” to market their Farmington Hills MI property, anREALTORS® say they’ve seen a notable increase of home offices mentioned in listings.  

Add value to your home and attract buyers 

In a realtor.com® survey, 63% of respondents indicated that they plan to buy a new home in light of their ability to work from home. On average, listings featuring a home office command a 3.4% price premium and sell nine days faster than listings without one, according to realtor.com data.

Many REALTORS® agree that showcasing a dedicated work area can help attract more buyers to your property. Most homeowners don’t have the luxury of having a specific room dedicated as a home office. Work areas at home often consist of a desk and computer sharing space in a guest room with a bed or exercise equipment.

If you are preparing to put your home for the market, why not stage a multi-functional room like this into a home office instead? Showing buyers that your house has room for an office, even if it’s a shared space in your kitchen or living room, can add value to your home in their eyes.

Cost of building a home office and ROI

According to HomeLight research, to build a new home office, homeowners can expect to spend an average of $12,000, but they will get an approximately 87% return on that investment when it comes time to sell.

Before getting started with any renovations or improvements, it’s best to consult with a Farmington Hills MI real estate agent to get their advice and guidance on maximizing your home’s value for resale in your area.

Will converting a bedroom into a home office boost the resale value of your home?  

If you don’t have an official home office, you might be looking around your house, wondering which room could be converted into a workspace. Keep in mind that while buyers are looking for home office space, bedrooms and bathrooms rule the day to boost resale value. 

Most buyers would much rather have four bedrooms than have three bedrooms and an office. Rather, look for opportunities to create dual-purpose spaces.

Since you’re probably not entertaining many guests during the pandemic, now’s a great time to create a combination guest room/office. Remove the bed, and replace it with a sleeper sofa or love seat. 

Transforming an unused area of your home into a workspace

Take a look around at any unused areas in your home, and you’ll probably be able to find a place to create a workspace that buyers will covet. A finished, walkout basement could be turned into a comfortable and private workspace. Or, a nook underneath the staircase or unused space at the top of a staircase could make a compact office.

Setting up a workspace in the kitchen, which is usually the central hub of a home or in a noisy TV room isn’t likely to appeal to many potential buyers. It’s best to choose a room with adequate space that’s far from the main living spaces and not frequented by family members or guests.

Try carving out space in another area such as the dining room. Keep the dining table, but remove the buffet or the leaves in the table and extra chairs to make room for a chair and desk. You are not eliminating the dining room – merely suggesting to buyers how the room can be repurposed further to suit an office.

If you have no choice but to set up a home office space in the main living area, present it in the most appealing way possible. Try separating the work area from the rest of the room with a folding screen, partition wall, curtain, or even tall houseplants like a Fiddle Leaf Fig tree or a potted Dracaena.

Choose a free-standing desk to fit the space without overwhelming it. Or, consider a wall-mounted desk that takes up less space. Keep the area neat and tidy, bundle up any loose cords or wires, and Illuminate a poorly lit work zone with a small desk lamp.

Staging your home office 

If you already have a dedicated home office, staging it will create a functional and organized space that buyers are looking for at this time.  As with all staging, start with a clean and clutter-free space, void of personal objects. Stage your home office by storing supplies out of sight.

Hide office supplies inside desk drawers or stash them inside a storage cabinet. Once you’ve decluttered, depersonalized, and cleaned your office space, you can begin the fun part of staging it. The desk should be featured prominently in the room as it’s the main component.

Neutral colors create a relaxing work environment. Choose a neutral color scheme in calming colors, like beiges, whites, soft grays, greens, or blues. Task lighting is a must in every home office. A lamp for the desk should be bright enough to illuminate your workspace, but not blinding.

And with the growing number of meetings now taking place by way of video conferencing, you’ll want to ensure the lighting is suitable for being on camera. Additionally, place a large area rug beneath the desk area and chair to warm up and add color and texture to the space.

You can also add some live green plants and fresh flowers, and place a tall, big-leafed plant in an empty corner to bring life into the space.

The takeaway

With so many people now working remotely, the demand for a home office or workspace is on the rise. If you are planning on selling your Farmington Hills MI home and already have a home office, now’s the time to promote it. If you don’t have a dedicated home office, create and stage a workspace in another area of your home that will bring in the buyers and seal the deal!

Partner with Highly-rated Farmington Hills MI REALTORⓇ -Tom Gilliam

With over 20 years of real estate experience, Tom Gilliam is proud to be a trusted Farmington Hills MI REALTORⓇ – offering his guidance and expertise to area home buyers and sellers. Tom understands that buying or selling a home is a significant financial and life decision and that you are looking for someone you can trust and work with.

If you are ready to list your current property, Tom can help determine the market value of your home and make suggestions on how you can command a higher asking price.  As your agent, he will protect your best interests, advocate for you, pull together all the details of the transaction, and get your home sold quickly for the highest market price. Feel free to contact Tom directly at (248) 790-5594 or you can get in touch by email.

Tom Gilliam, REALTOR®
RE/MAX Classic
29630 Orchard Lake Rd.
Farmington Hills 48334
Direct: 248-790-5594
Office: 248-737-6800
Email: Tom @ Homes2MoveYou.com
License #314578 

Farmington Hills MI Real Estate

Article sources:

https://www.homelight.com/blog/building-a-home-office/
https://globalworkplaceanalytics.com/telecommutingstatistics
https://startupsavant.com/news/home-buyers-add-office
https://www.onlinehsa.com/how-a-home-office-increases-appeal-to homebuyers/
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Getting Your Farmington Hills MI Home Ready to Sell? 2021 Home Design Trends

Getting Your Farmington Hills MI Home Ready to Sell? 2021 Home Design Trends

Image: The Nordroom.com

Getting Your Farmington Hills MI Ready to Sell? 2021 Home Design Trends

If you have plans for selling your Farmington Hills MI home now or in the near future, we recommend that you be mindful of design choices when planning a remodel or redecorating. Selecting last years’ trending paint colors, fixtures, and finishes, for example, could cause your home to feel dated quickly. Also, over-personalized renovations that buyers may not resonate with could actually get you less money for your home, or cause it to linger on the market, which is never a good thing. 

Due to the pandemic, we’ve all spent a lot more time at home over the past year. For many of us, our homes have become our office, classroom, gym, and most importantly, our refuge during times of uncertainty. So, it’s no surprise to see that the hottest design trends for 2021 revolve around soothing color palettes, coziness, comfort, functionality over flash, and quiet retreats. 

People are really starting to think about how they function in their own homes more than what others are going to think walking into their homes. Instead, we are asking ourselves: What do I need? What makes me comfortable? What does my family need? The trends for 2021 and moving forward are about real lifestyle, not just flash.

The cozy comfort theme is being translated into colors, materials, and textures throughout the home. Cold grey and white minimalist color palettes are taking a backseat to warmer neutrals with pops of color and pattern throughout. People are also wanting cozier spaces with more separation and privacy and a dedicated space for working from home.

Homeowners are putting vacation budgets towards home improvements and creating their own staycation-worthy retreats. Bathroom trends for 2021 are all about easy-to-clean surfaces and hands-free components that minimize exposure to germs and maximize cleanliness. Enhanced outdoor living areas are also becoming increasingly popular. 

To help inspire your design projects, unlock the full potential of your Farmington Hills MI home, and maximize your investment, let’s take a closer look at some of the hottest design and remodeling trends showing up for 2021: 

1). Uplifting color pallets

This year, colors appear to be gravitating toward warm and happy shades that convey a sense of coziness, comfort, and wellbeing. Palettes are getting their inspiration from earthy hues, warm neutrals, and soothing blues and greens.

While white and gray are still the safe options they’ve been for the past several years, expect to see alternative neutrals becoming increasingly popular choices for cabinets, walls, and furnishings in 2021. For a fresh and sophisticated look, try one of these 2021 paint colors of the year:

  • Urbane Bronze (brownish-gray) by Sherwin-Williams
  • Aegean Teal (coastal blue) by Benjamin Moore
  • Soft Candlelight (muted yellow) by Valspar

Indigo, ruby, sapphire, and plum on the opposite end of the spectrum are showing up on everything from fabrics and home accessories to fireplace mantels and floating shelves. These classic rich hues can help bring warmth, depth, and a touch of luxury to your living space. Designers recommend using the “60-30-10 Rule” to incorporate these colors, which is a classic decor rule that helps create a pleasing color palette for an interior space.

The rule states that 60% of the room should be a dominant color, 30% should be the secondary color or texture, and the last 10% should be an accent. The 60% is the overall color of the room or the background color. The 30% number becomes the secondary color in your space and compliments the main color, but different enough to give the room interest. The final 10% is your accent color, which can be bolder or more subtle depending on the look you what to achieve. The accent color in the space can be showcased through artwork and accessories.  

2). Reimagined living spaces

The pandemic forced many of us to rethink our home design. From multipurpose rooms to converted closets to backyard cottages, we have had to find creative ways to manage virtual meetings and school. And designers expect these changes to impact the way we live and work for years to come. For example, some home builders are predicting the end of open-concept floor plans as we know them.

With many people working from home full-time, the need for compartmentalization is bigger than ever. Buyers are looking for cozier spaces with more separation and privacy. That means separate dining rooms, plenty of office space, and maybe even room for a bar or a home-gym. Parlor-style seating is also trending. The addition of alcoves, pocket doors, and sliding partitions that enable homeowners to section off rooms as needed are a popular and functional design trend.   

3). Dedicated work-at-home spaces

A study by Modsy, an online interior design service, revealed that working from home has already had a significant impact on home décor and design. Limited private space to work was the number one frustration of clients with their, often makeshift, home office work set up.  Creating a private, dedicated workspace has become a priority. The study found that home office design requests had increased by 40% in the past year.

As life gets back to the “new normal,” post-pandemic, it’s likely that many jobs will allow for remote employment, so home offices are here to stay. As a result, we will see more dedicated and private home workspaces, as opposed to makeshift desks. This may mean people will choose to move to larger homes in more remote areas for more space, or re-envision rooms as permanent home offices.

But, what if you don’t have a dedicated room? Alternative workspaces have also become increasingly popular. In fact, one of the biggest trends this year is the “cloffice,” essentially a spare closet turned home office. 

4).  Tranquil staycation retreats

With travel options limited right now, many homeowners are reallocating vacation budgets toward making their home a staycation-worthy retreat. In theory, vacations are relaxing and after a few smart decorating tweaks that cater to your senses, you can transform your abode into a tranquil retreat.

Most would agree that there’s something instantly relaxing about walking into a pristine hotel suite free of clutter. To create the same experience at home, you’ll want to address clutter first. Start by placing baskets at every entryway for shoes, and trays and hampers where messes collect.

You can also create a calm and serene environment by layering lighting throughout the space. Use floor and table lamps with neutral color shades, like white or beige, to evoke a sense of calmness. Next, consider the flow of the room, and rearrange furniture to create symmetry. The room will look and feel calmer because there are fewer pieces and objects to focus on. Lastly, Introduce accents in calm colors.

Opt for accent pieces like lamps, trays, and decorative objects in mellow shades of blue, green, lavender, or beige, or earth tones such as dusty yellow.  Carry those vacation-vibes into your bathroom with some of the top upgrades for 2021.

5). Contemporary easy-clean bathroom designs  

With 2020 came sheltering in place and, with it, a heightened awareness of the cleanliness of our homes. As hygiene continues to be top of mind, particularly in high-traffic environments like bathrooms, expect to see interiors with easy-to-clean surfaces and antimicrobial fixtures. 2021 bath trends include these items without sacrificing style.

Once seen as a futuristic and costly luxury, smart toilets and bidets are finding a prominent place in the post-pandemic home, according to the NKBA 2021 design trends report. Smart toilets have hands-free components, like self-closing lids and touch-free flushing, which reduce interactions with germy surfaces. Smart toilets eliminate the nooks and exposed plumbing of more traditional models, making cleaning the exterior easier as well.

Quartz dominated all other materials in the NKBA report, in which 74% of designers picked it as the top countertop material for the bathroom. Quartz countertops like Silestone easily keep up with the frequent cleaning that’s part of the new normal. Plus, quartz surfacing is non-porous and inherently less susceptible to harboring bacteria, an important trait in a damp environment. In line with today’s contemporary-leaning bath designs, these countertops have sleek profiles with few seams, which adds to their low-maintenance appeal.

6). Inviting outdoor living spaces  

Enhanced seating and outdoor comforts are both strong trends for 2021. The pandemic has elevated the importance of having private space just beyond your own doors.  According to a National Kitchen & Bath Association (NKBA) membership survey (NKBA looks at outdoor spaces, as well as indoor ones, and tracks trends for both categories), outdoor kitchens were the top project. Next were patios and decks. Screened porches and three-season rooms rounded out the top three.

The most requested features for enhanced outdoor living are expanded seating, fireplaces and firepits, and weather protection. When asked where residents prefer to set up their home offices, one of the most popular choices was at the back of the house with direct access to the yard or patio. Homeowners want to work with an outdoor connection. According to Houzz trend reports, pergolas have become a quick and affordable solution for homeowners looking to extend their usable living space outdoors.

Pergolas provide adequate shade for dining, lounging, and other outdoor fun and relaxation. Privacy is also an increasing priority. With the pandemic driving residents outdoors to exercise, meditate, rest, or recuperate, it’s a bigger issue than in the past. “The more private the spaces, the more desirable they are for homebuyers,” the report notes.

Are you contemplating a remodel? Preparing to put your Farmington Hills MI home on the market? Want to find out how upgrades could impact the value of your home? 

Partner with award-winning Farmington Hills MI REALTOR® – Tom Gilliam  

With over two decades of real estate experience working with buyers and sellers, Tom Gilliam provides the kind of knowledge, skills, commitment, and personalized service you need and deserve. Tom understands that selling a home is a huge financial and life decision and that you are looking for an agent you can trust to sell your home for top dollar. 

Tom will first visit your home and assess it in detail to provide an approximate valuation based on the age and condition of the home as well as nearby sales comparison data. Tom partners with some of the best professional home stagers in the area and will offer suggestions for preparing your home accordingly and make it available for showings. 

Tom will create a competitive marketing strategy that exposes your home to the public and other real estate agents through the Multiple Listing Service (MLS), other cooperative marketing networks, open houses for agents, and so on. Your listing will appear on all the most popular real estate sites where buyers spend hours a day looking at such as Realtor.com, Zillow, Trulia, REMAX, Redfin, and dozens of others. Your home will also be featured on Tom’s own highly-trafficked website homes2moveyou.com.

As your agent, Tom will hold open houses, communicate with prospective buyers, negotiate offers, and put out any fires that might erupt along the way. You can be assured that he will do whatever it takes to get your home sold quickly for top dollar. With an agent like Tom, the experience of selling your home is a very personalized and pleasant one.

If you or someone you know is interested in buying or selling Farmington Hills MI real estate, please give Tom a call at (248) 790-5594 or you can get in touch by email.

Tom Gilliam, REALTOR®
RE/MAX Classic
29630 Orchard Lake Rd.
Farmington Hills 48334
Direct: 248-790-5594
Office: 248-737-6800
Email: Tom @ Homes2MoveYou.com
License #314578 

 

 

 

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