Lynn Caldwell
313.884.2293 (Direct)
586.764.1356 (Cell)

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Renovate or Move? How to Decide
As a homeowner, there may come a time when you ask yourself: "Should I buy a new home, or stay put and renovate my old one?" 

Consider these factors when weighing your decision:
  • Mortgage rates. Would your mortgage rate increase if you were to buy a new home?
  • Renovation scope. How much would you need to do to your home to achieve the look you're hoping for? How much would it cost?
  • Local market. What do housing prices look like?
  • Long-term goals. Are you in a location you're happy with for the long-term?
Not sure if now is the right time to buy in your area? Contact me for help.
High-ROI Renovation Projects
Want to make sure the time and money you spend remodeling is worth it? Then choose your projects carefully. 

According to Remodeling Magazine, here are the highest-ROI home renovation projects you can opt for:
  • A new garage door (98.3% costs recouped, $3,411 in resale value)
  • Adding a steel entryway door (91.3% costs recouped, $1,344 in resale value)
  • A wood deck addition (82.8% costs recouped, $9,065 in resale value)
  • Minor kitchen remodel (81.1% costs recouped, $17,193 in resale value)
  • Siding replacement (76.7% costs recouped, $11,554 in resale value)
Check out Remodeling's full Cost vs Value report for more guidance.
What Makes a Great Home Offer?
We're about to head into the busiest home-buying season of the year. Want to make sure your offers stand out in a bidding war? 

A great offer includes:
  • The right price. Don't just go by listing price. Factor in comparable sales, the home's condition and local demand.
  • A personal appeal. Include an offer letter, telling the sellers exactly why you want the property.
  • Pre-approval. This shows you've talked to a lender and are serious about buying the home.
  • Good earnest money. This gives the seller an incentive to choose your offer over another.
An experienced agent is your best resource when making an offer. Reach out if buying a home is on your radar.
Lynn Caldwell
313.884.2293 (Direct)

Sine & Monaghan, REALTORS® Real Living
18412 Mack Ave.
Grosse Pointe Farms, MI 48236
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