Homeowner Tips

3 REASONS TO SELL YOUR HOME NOW!

Over the past century, home prices have maintained a steady increasing trend, pushing the overall housing market in favor of sellers. Although there are a plethora of reasons supporting why right now is the best time to sell your home, in this article, we're going to go over three of our top reasons!

1. Home Prices Are ON THE RISE
Throughout the past century, data has supported the constant trend of rising home prices. For example, in 2021, the average single-family home in Belmont, NC sold for $319,825, however, in 2010, the average single-family home in this city sold for only $210,600. That's a $109,225 rise in median home prices in Belmont within the past 11 years.

2. Inventory Is Low
Historically, the inventory of available homes on the market has fluctuated throughout the years. However, as of October 2021, the inventory of active listings within the Charlotte Metro area has hit some of the lowest numbers not seen since prior to 2015. 
The primary reason for such a decrease in houses on the market can be linked to the increasing cost of lumber along with the overall availability of land. 

3. Homes Are Selling In Record Time
According to Canopy Realtor® Association, a single-family home stayed on the market for an average of 47 days in September of 2020.  In September of 2021, a single-family home stayed on the market for an average of only 21 days. These numbers follow the ongoing trend of homes essentially "flying off of the shelves" in record time. 

In conclusion, with future housing market predictions indicating similar trends of decreasing inventory and days on the market, as well as increasing home prices, we at CostelloREI highly suggest looking into selling your home today.  Interested...

For Sale By Owner VS. Utilizing a Real Estate Agent

If you're wondering whether you should utilize a real estate agent when selling your home or not, the answer is yes.  In this article, you'll read some of the top reasons we suggest utilizing an agent rather than attempting to sell your own home. 

1. Emotional Grounding
Having a real estate agent helps to keep you emotionally anchored during this entire process.  For many, selling their beloved dwelling you've built a life within is a very difficult journey to embark upon. Having an agent by your side can help keep you from making irrational decisions that you could later regret, such as declining an offer because it wasn't what the sellers wanted, or even overpricing your home!

2. It's Their Job To Help Make Your Transition Easier
Seeing as how most home sellers will not be readily available to show their homes, take a phone call, or meet with a potential buyer during the week if they're working, this is when a real estate agent is vital to the home selling process. 
Without an agent, home sellers could miss out on numerous potential buyers through missed phone calls or inflexibility to show their homes during their unavoidable plans. 

3. For Sale By Owner Homes Go Unnoticed
Oftentimes, homes that are being sold without a real estate agent tend to be glanced over when prospective buyers' agents are evaluating what's currently on the market for their clients. Agents have access to a plethora of listing platforms that individuals trying to sell their homes may not necessarily know about. 

As detailed within this article, there are a variety of reasons as to why choosing a real estate agent is the ideal way to go when selling your home! Not only will all of the work be off of your shoulders, but you'll also...

9 Reasons You Need a Real Estate Agent

Whether you're buying or selling a home in Charlotte, or the Charlotte Metro area a Realtor® is a must. There are so many good reasons to go into this massive financial transaction with an expert by your side, and while you may be able to do it yourself, this type of transaction should never be treated as a DIY project.

Ask yourself: Are you well-versed in real estate law? Do you understand any recent changes to the laws impacting real estate? Are you familiar with homeowner's associations in the area? Do you know the Charlotte Communities like the back of your hand?

Unless you answered YES to all of these questions, you NEED a Realtor®. Here are several great reasons why you should always hire a Realtor® when buying or selling a home.

IT'S A HUGE FINANCIAL TRANSACTION

For most people, buying or selling a home is one of the largest financial transactions of their life. Hiring an expert to ensure the "t's" are crossed and the "i's" are dotted is just smart. Without an expert by your side, a small mistake could end up costing you thousands of dollars.

REALTOR'S ® ARE EXPERT NEGOTIATORS

We all like to think we are great negotiators, but you probably don't negotiate for a living. Realtor's ® negotiate real estate deals every single week and they know exactly what to expect. They also know a bad deal when they see it.

Selling and buying real estate comes with plenty of challenges. One of the main challenges is making sure you can get the right deal. Negotiating is vital to a good real estate deal and you need an expert:...

How To Upgrade Your Curb Appeal Game



Curb appeal is a crucial step to selling your home. Your home’s first impression not only matters when someone arrives for a showing, but also when they’re scrolling through online listing pictures.

Whether the listing is seen on social media, online listings, or in person, your home may lose a potential buyer before they've even stepped inside your home to see the magic of all of your updates. Upgrading your curb appeal game will get more eyes on your home and more feet in the door! Here are some quick and easy steps to get you started. 

PAINT 

If you have the funds, or your home is in need of a fresh coat of paint, doing a full paint job on the exterior will give your home a facelift, but the exterior of your home doesn't need to be completely repainted. A fresh coat of paint on the front door and a few touch-ups here and there can go a very long way.

You can try giving a fresh coat of paint to fences, garage doors, the mailbox, or any other exterior features to give your home a cohesive look. 

LANDSCAPING

Mowing the lawn is a start, but planting fresh flowers, trimming bushes, and the right landscaping can truly transform a home. When you’re trying to sell your home, landscaping offers one of the most affordable ways to add curb appeal. Find a local plant nursery to help you decide what a great look for the season. Planting the right flowers at the right time will make your home feel fresh and full of life!

If you’re stumped about where to begin, think “symmetry.”...

7 Tips For Winterizing Your Home

Forecasts predict that winter 2020 in the Carolinas will be warmer and rainier than usual. Still, it’s never a bad time to think about winterizing your property to protect the value and integrity of your home. 

There are dozens of ways to fully weatherproof your home, including hiring a weatherizing professional, but if you’re a homeowner on a tight budget, there are quick and easy steps to help shore up any potential problem areas and save you money on energy costs. 

Here are some indoor and outdoor tips to get you started on winterizing your today:


DRAIN YOUR PIPES

Inside your home, turn off the valve that sends water to your spigots. Next, turn on your spigots to clear all of the water out of them. This will prevent pipes from bursting if there is a sudden cold snap that causes water to freeze and expand inside your pipes. You can also remove your attached garden hoses and store them in the garage to extend their life. 

CLEAR DEBRIS FROM GUTTERS

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Which Charlotte Neighborhoods are the Most Bike-Friendly?

Charlotte is filled with bike-friendly neighborhoods. While the city itself isn't the most bike-friendly on the planet, it's working on becoming more bike-friendly. With a new bike-sharing system, several new trails and many neighborhoods becoming far more bike-friendly, it's getting better and better every year.

If you love the idea of traveling to work on your bike or you just love to ride, you need to know which Charlotte neighborhoods are the most bike-friendly. Here's a look at a few of the top choices for those looking to enjoy their bike regularly.

Davidson

It's actually a city, but a suburb of Charlotte. While you won't be commuting to Uptown by bike from Davidson, if you work in Davidson, you will probably be able to ride to work. This is one of the most bike-friendly neighborhoods in the Charlotte area and offers a very attractive downtown with plenty of bike lanes throughout. Bike riders also enjoy the Davidson Greenway, which covers a total of six miles and runs through downtown.

South End

While South Boulevard isn't the place for bicyclists, the Charlotte Rail Trail makes the South End a very bike-friendly neighborhood in Charlotte. It's a trail that is still growing and goes along the light rail tracks. You're even allowed to take your bike onto the LYNX light rail if you want to get to Uptown or even to South Charlotte.

Plaza Midwood

Maybe the most bike-friendly neighborhood in all of Charlotte, Plaza Midwood is trendy, cool and super inviting...