Published at Thursday, March 28th, 2019 - 23:43:28 PM. Home Decoration. By Amett Krause.
Price the listing competitively. Be sure to compare apples to apples—if you look at comparable houses without garages, youll get a lower listing price and appraised value than those with garages. How much less depends on the importance of this feature in the area. In Roachs Sarasota neighborhood, most homes are built with garages since buyers want to protect their cars from the sun and oxidizing salt, have a place to store their beach gear, and protect their possessions from vandals if they head north for an extended period. Therefore, she says the absence of a garage can decrease the appraised value by as much as 20 percent. But those whove been priced out of certain neighborhoods may find the savings appealing.
The amount of money Americans spend to keep their pets happy is also on the rise. In 2015, pet owners spent almost $61 billion on food, toys, furnishings, and other pet goods, a 25 percent jump from five years before, according to APPA. Data from the U.S. Bureau of Labor Statistics and other sources seems to suggest that this type of spending is more resistant to economic shifts, such as the recent recession. And theres reason to believe demographics will support this trend long-term, particularly as pet-centric millennials move into homes. Last year, a story in Adweek suggested the fact that many millennials see pets as “starter children” offers an opportunity for brands.
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