Update Your Sunriver Home Before You Sell…

Sunriver Homes that sell on the high side of the average have a few things in common. They are in a desirable location, have been well maintained, may have been updated with square footage additions, attractive hard surfaces, sturdy clean furniture packages and fashionable décor. Perhaps not all of these features but likely a combination of some or most.

 Benefits of updating your home in Sunriver before you sell…

There are newer homes in Sunriver and older homes but theWinners Circle | Sunriver Oregon majority of homes in Sunriver  were built between the late 70’s and early 2000’s. Many Sunriver homes for sale are in need of a renovation or at least a update. Some Sunriver homes for sale have been completely updated, while some homes for sale in Sunriver have not been changed at all since they were built.

A buyer considering a remodel of their own will want to completely understand market conditions and condition of the house.

Well maintained, nicely remodeled Sunriver homes sell for a premium within the Sunriver real estate market. Desirable locations, square footage/bedroom/bath additions, updated hard surfaces, sturdy clean furniture packages, fashionable décor, good lighting, improved insulation, kitchen redesigns, new windows etc… are all common attributes amongst homes that sell on the higher side of average. Typically, a seller should never expect to recoup every dollar spent on a remodel, renovation, or update however, the Sunriver real estate market flips that way of thinking on its head! There is anywhere from a $10-$60 jump in price per square foot for homes that have been updated in comparison to homes that have not been updated and/or well maintained. For a 1,800 square foot Sunriver home there could be approximately a 110,000k difference in value for a home that is updated or not. Wow! Historically, this has not always been true within Sunriver and the dynamic will probably not last forever. I believe the housing collapse helped to create this very uncommon real estate market dynamic. Think about taking advantage while it lasts…

The value of renovations may or may not be affect the offer, but the function, appeal and quality of the renovation could swing a buyer’s preference for the home.

A well thought out design (attention to functionality, style, scale and materials) often adds the most value to the renovation.

Many Sunriver homeowners wait to update or remodel their Sunirver home until they get ready to sell and the buyer gets to enjoy the upgrades. Why not do the upgrading now and enjoy them yourself! If you are thinking about buying a home in Sunriver and are looking for a specific style or do not want to pay a premium, why not purchase a home that is not updated and turn the home in to your Sunriver dream vacation residence!

One important factor to remain cognizant of is that the value of a renovation is not only received from the potentially higher sale price, but also the enjoyment over time of the renovated home.

Visit me on the web at www.CentralOregonRealEstate-KyleHoak

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SHARC Attack In Sunriver – Grand Opening A Succsess

The SHARC center saw its grand opening on Saturday May 26th, 2012. On Friday night, the evening before the much anticipated facilities opening, many Sunriver visitors had already made their way in to town. Living and working in Sunriver, it was easy for me to see just how much the resort was abuzz with families…

Sunriver Celebrates Memorial Day Weekend With The Grand Opening Of The Sunriver Homeowners Aquatic & Recreation Center

 The SHARC center saw its grand opening on Saturday May 26th, 2012. On Friday night, the evening before the much anticipated facilities opening, many Sunriver visitors had already made their way in to town. Living and working in Sunriver, it was easy for me to see just how much the resort was abuzz with families, visiting Sunriver homeowners and parties of visitors excited to enjoy the big weekend. Memorial Day weekend, often thought of as the beginning of Summer did not deliver on Summer like temperatures (it snowed on Friday morning). However, by 10am Saturday morning already 1,000 of those visitors had made their way down to the SHARC for some fun. The SROA provided live music throughout the day from some well known musicians, along with snow cones, magic shows, popcorn and even offered free admission to visitors in exchange for two canned food items (which benefited Sunriver Care & Share, a local charity). I took a stroll down to the SHARC Saturday afternoon to enjoy some live music. When I arrived to the SHARC around 4pm, it was about 55 degrees… To my surprise I found tons of kids playing and splashing in the extensive SHARC outdoor pool system. When the day ended and the final tally was taken, over 5,600 visitors had enjoyed Sunriver’s newest addition. Sunday was another big day at the SHARC but, the flood of SHARC patrons had subsided for the most part by Monday afternoon. All in all there were over 10,000 admissions to the SHARC over the Memorial Day Weekend.