Bought a house? Don’t forget to budget for home improvements!

 

 

First-time homebuyers may assume that once they purchase their home—an expensive feat these days—they are done bleeding money. However, they may not be properly budgeting for common home improvement projects, which can be substantial.

Many Americans are underestimating the price of many popular home improvement and maintenance projects, such as installing new windows, doing the landscaping, and painting the interiors, according to a recent HomeAdvisor, powered by Angi, survey. And that’s likely becoming a bigger problem as labor shortages, global supply chain snafus, high inflation, and the rising costs of building materials are delaying projects and causing them to cost significantly more than they did before the COVID-19 pandemic.

Continue the Article Here: The Price Is Wrong: Many Underestimate These Home Improvement Costs

It can be daunting to think about a purchase as large as a home, then think about budgeting for improvements. Be careful! Consider using a contractor or trusted home inspector to participate in a walk through prior to making an offer. If you have questions, we are here to help! Reach out to [email protected] – she has flipped multiple homes and can be a great asset on your home buying journey.

 

About the Author
Herndon's #1 Home-Selling Agent - Call the experts today!

There are many qualities and skills that go into being an excellent real estate professional – integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills, and a high-quality professional network, all of which are hallmarks of how I work.

That said, in my experience as a real estate professional, I've also found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.

This "client first" philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.

I have been a resident of Fairfax County since 2001 and have been assisting buyers and sellers achieve their real estate goals in Northern Virginia since 2005. My background includes sales and administrative management as well as 11 years of real estate sales and operations management experience serving top producing teams in Northern Virginia and Montgomery County Maryland.

My military family and I have traveled with the US Navy to Greece, California, Hawaii, Florida, and Virginia. Of all the places we have lived, we love Virginia the best. Ask me why! My husband, of 31 years, serves as a Residence Manager in McLean. We have 3 grown children that all graduated from Herndon High School. In my spare time, I enjoy spending time with family and friends, movies, and a good glass of wine.

Ask about our renovation loan program, guaranteed sale program, and our Hero Rebate Program!

Melonie Tibbs and I look forward to serving you and your family!