Updated: Jan 6, 2021
Hello and Happy New Year!
We hope your year is off to a great start! If you’re still working on your 2021 resolutions, look no further; below you’ll find home improvement resolutions to complete this year as well as some easy steps to pack up your outdoor holiday decorations and some reasons why this year is a good time to buy an investment property!
3 Home Improvement Resolutions
Many of us spent a lot of time at home in 2020, and that’s likely going to be the case this year too. With that in mind, making the most of your environment can be a big morale booster and improve your home’s value.
Renovation Resolution 1: Declutter
Getting rid of items you no longer need, want, or use is a great way to free up space and make your home feel larger. Go through each room of your home and get rid of, sell, or donate items you don’t want to keep storing in 2021. For what is left, invest in storage solutions that maximize your space.
Renovation Resolution 2: Get Green
Going green is a spectrum. You can go all out by buying a Tesla and solar panels, or you can start small by turning off the lights when you leave a room or turning down the heater at night. If you do have home repairs or renovations on your to-do list this year, look for opportunities to become more energy-efficient.
Renovation Resolution 3: Prioritize Safety
When’s the last time you checked your home for Radon gas? Do you have a carbon monoxide detector? You should also make time to change out your fire alarm batteries and check the pressure in your fire extinguisher.
Cleaning Your Yard After the Holidays
Decorating for the holidays is a time-honored tradition that brings joy to many families. However, all good things must come to an end. When you’re ready, these tips will help make your holiday cleanup faster and easier.
Invest in Storage Bins
Cardboard boxes can degrade over the course of a year, while storage bins can last for decades. When choosing storage containers, look for ones that will stack nicely and consider going with clear bins so you can see at a glance what each one contains. If you do go with solid colored containers, be sure to label them for easy identification in the future.
Labeling what’s in each storage container is just the beginning. Make sure the items inside the box are labeled too, especially if you have certain lights or decorations that go in specific locations. Masking tape is a good labeling option because it’s easy to write on and easy to remove when you’re ready to use your decorations again.
Throw Out Broken Decorations
Frayed light strings and broken glass can be a hazard. If you don’t have time to fix broken decorations, either throw them out or put them in a dedicated bin for items in need of repair. This will help save time testing out decorations next year and help you avoid injury.
3 Reasons You Should Buy an Investment Property
Owning your own home is just the first step to building your real estate portfolio and creating wealth. If you’re thinking about taking that next step, here are some reasons why 2021 is a good year to invest in real estate.
Low Mortgage Rates
Mortgage rates are still at a historic low, so investing now could save you money compared to potential rate increases in the future. This means lower overhead costs so that you can maximize your return on investment.
Vacation Rental Demand
Road trips and social distanced vacation homes are popular options for those who don’t want to hop on a plane or visit a resort during their time away from home. An investment property in a popular vacation destination can be a great source of income.
Buying investment property is all about securing your family’s financial future. Real estate provides passive income, tax benefits, equity as you pay off your loan, and can appreciate as the value of your home rises. Real estate is a great investment to hold long-term so that you can call on it when you’re ready to retire.
Feature Listing - Pigeon Lake Home
Immaculate year round home located on the shores of Pigeon Lake. Two bedroom; two bathroom home featuring high end finishes. Hardwood flooring throughout. Granite kitchen. Brand new windows. Open concept main floor with panoramic lake views and natural gas fireplace. The master bedroom has its own walk out balcony; large walk in closet and gorgeous; newly renovated en-suite; featuring fully tiled shower. Sliding glass doors off the living room; lead to the solid cedar deck. Lakeside patio; with gazebo. Fully fenced yard. The attached garage boasts a drive thru to the lake side. Paved driveway; with six parking spaces. This home is on natural gas. Hard wired generator. 15 minutes to Peterborough. Located on a year round municipal paved road.
If you know someone who is interested in learning about investing in real estate, please let us know. we're here to help. In the meantime, we hope you have a happy, safe, and prosperous New Year!