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Making Your Albuquerque Home Appeal to Remote Workers

by Sandi Pressley

More and more Albuquerque home buyers are working remotely, which has changed what they want in a home. Businesses are choosing to delay reopenings or go remote full-time, and buyers are looking for homes with more space to accommodate their work needs.

It is assured that you will find a buyer for the extra room you have in your home if you no longer need it.

Working Remotely is Here to Stay

There are still many Americans who work remotely. According to a recent Garter, Inc. poll, many organizations haven't yet returned to their offices: “. . . 66% of organizations are delaying reopening their offices due to new COVID-19 variants.”

Remote working is not just a trend among companies - workers are also seeking more flexibility. A study by PricewaterhouseCoopers found that nearly one in five employees would prefer to work remotely in the future. Many people are leaving jobs to pursue remote work opportunities, according to the study: “Among employees looking for new jobs, almost one in ten say it’s because they moved away from the office while working remotely and don’t want to go back on-site.”

More Remote Work Means a Greater Need for Home Offices

Today's buyers prioritize finding homes with more space so they can work from home comfortably. According to the American Institute of Architects survey of 2021, 69% of respondents still wish to have an office at home. The study also shows that more people are looking for multiple spaces in their home to conduct remote work and virtual meetings.

How Does This Affect You?

In case you have extra space in your house and are no longer using it, buyers are interested, so now may be a good time to sell.

Sandi Pressley and her expert team will help make sure your listing highlights many of the most sought-after features, such as a home office. However, if you have an unused room, consider staging it as a location where remote work can be accomplished. You can enlist the help of your agent to evaluate and prepare your space for potential buyers, as well. You'll get recommendations for how to stage a room, where to draw attention, and what other sellers are doing to make their houses stand out.

Due to the continued rise of remote work, more buyers are looking for homes that can accommodate multiple home offices. If you have extra room you’re no longer using, consider selling. Discuss the unique features of your home with us and how you can utilize any extra space to appeal to today's buyers.

HOT PROPERTY OF THE WEEK!

6424 PRAIRIE Road NE, Albuquerque, NM 87109

Welcome to this well maintained 2 bd | 2 ba Townhouse in the sought after NE Heights. Master bedroom has his/hers separate bathrooms and walk-in closets. NEW CARPETS, FRESH PAINT (10/2021), NEW WATER HEATER (2021), NEW A/C (REF AIR), NEW HEATER (6/2021), NEW TPO ROOF (2016), NEW SKYLIGHTS (2020). The Murphy bed in 2nd bedroom makes space for a great office. Home also has a detached hobby room. Low-maintenance, private backyard with access to a roof deck! Schedule a showing today!

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Our Latest Albuquerque Hot Properties are Packed With Features

by Sandi Pressley

Are you looking for a mid-priced Albuquerque home packed with features? Our latest listings offer everything you need in a modern home, with newer constrcution or tons of upgrades. These homes are certain to sell fast, so make sure you schedule a showing today.

Feel free to contact Sandi Pressley and her team at 505-263-2173 to get more information and schedule a viewing of these fine homes. You can also check out all of our listings on our Featured Listings page.

6713 PROMENADE Avenue NE, Albuquerque, NM 87109

Beautiful '4 Year Young' Abrazo Home! Tucked away in the desirable Santa Monica neighborhood, this home includes lots of builder & owner upgrades! Featuring an open & light floorplan, wood look tile floors, tray ceilings, remote control shutters, built-ins, & more! Must see 'Seller's Feature' sheet included in MLS! Kitchen appointed w/gorgeous granite counters, Stainless Steel appliances, eat-at island, large pantry, & opens to family dining & great room. Owner's Suite, privately situated privately at the back of home, features spa like en suite & huge walk in closet. Flex room currently converted to closet, could be 4th bedroom/study. Professional landscaping front & back yards; both covered & open patio areas in backyard; great for entertaining. Easy access to I-25, shopping, & more.

Learn More!


4100 SKYVIEW CREST Road NW, Albuquerque, NM 87114

Price reflects $248,000 in upgrades in the past 7 months! Seller has invested in upgrading & improving this home with the best of the best. This property is exclusive and exquisite. Upgrades include: New (TPO ROOF) 50 year industrial grade 80mil TPO Carlise Syntec roof system. New (PAID SOLAR) 30 year low profile solar array not visible from ground level provides enough energy to waive off future energy bills -- $4000 to $5000 annual savings. New (SWIM SPA) premier Marque aquatic training vessel for endless swimming with a number of other aquatic fitness features. New (HOT TUB) premier Marque seven seat therapeutic spa. See MLS Features & Updates List for a full list of many more updates. 3 minutes from Intel & easy access to shopping, restaurants, schools, and major thoroughfares.

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Help Sell Your Albuquerque Home With These Fall Decor Ideas

by Sandi Pressley

Normally people talk about spring as a good time to upgrade their Albuquerque homes, but did you know that fall can also be a great time? When it comes to presenting your home to potential buyers later, getting your house in shape now can make a huge difference. Especially if you intend to put your home on the Albuquerque real estate market during the peak selling season. As winter approaches, you can focus on indoor and outdoor upgrades that make your home feel more cozy and ready for the elements. 

Examine your front yard

When you are thinking of selling your home, agents recommend updating curb appeal - the way the outside of your home looks to potential buyers. If you wish to boost your curb appeal, you can hire a landscaper. However, there are also a few easy DIY tips that you can follow to take your home to the next level. Start by removing weeds from your landscaping and trimming overgrown areas and shrubs. To fill in bare spaces in your lawn, you can plant a rock garden, mulch, or low-maintenance plants. By updating your landscaping with perennials, you can make sure that your garden will be able to withstand the elements and bounce back as soon as spring arrives.

Upgrade your front door

After considering the state of your front yard, you can make easy upgrades that real estate agents swear by — giving your front door a wow factor. The easiest way to transform your front door from drab to wow is to paint it in a bright color like red, blue, or yellow. It won't take long for potential buyers to be intrigued by the front door and eager to step inside. Another way to update the outside of your home is to update your garage door.

Back to nature

While curb appeal is all about the outside of your home, staging is all about the inside. The purpose here is to get your home in order so that buyers can visualize themselves living there, with modern decor, neutral colors, and fresh furniture. Bringing natural elements indoors is also a trend this year. Any room in your house can be transformed by adding plants, and if you don't have a green thumb, opt for air plants, which are low maintenance and can be hung anywhere (since they have no roots). In addition to home furnishings, natural materials like bamboo and jute are also popular for home decor - think side tables, lamps, and rugs. Pillows or other fabrics in the living room or bedroom can be enhanced with linen and cotton.

When you plan on selling your house this year, you should bring natural elements inside, and pay attention to its curb appeal. You will be able to show off your home to potential Albuquerque home buyers in no time with a few decor upgrades and some TLC for the yard. 

HOT PROPERTY OF THE WEEK!

7804 AVENIDA VISTA VENTANA NW, Albuquerque, NM 87114

Welcome home to this GEM in Ventana Ranch! Meticulously cared for, this 4 Bedroom + Office stunner is full of upgrades. Enjoy the oversized corner lot while swimming in your NEW heated, gunite pool with automatic cover. This home also boasts 2 living areas, gas fireplace, open kitchen with SS gas appliances, one downstairs bedroom, a large office/gym, plus 3 FULL bathrooms. With 3 additional bedrooms upstairs, this home is move-in ready. Close to trail access, and convenient to grocery stores, schools and more, enjoy the Ventana Ranch lifestyle today!

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

An Eco-Friendly Home Makeover Can Help You Sell Faster

by Sandi Pressley

Many Albuquerque homeowners have been inspired by the looming climate crisis and the overall push toward sustainability to make eco-conscious improvements to their homes. Simply switching to refillable cleaning products is an easy way to go green. You can also buy organic mattresses from Essentia, or use beeswax wrap instead of plastic. The presence of organic mattresses in your home can reduce toxins, although these eco-friendly alternatives, such as chemical-free sleeping surfaces, won't be enough to gain eco-conscious buyers. 

The change to eco-friendly products does reduce your personal carbon footprint, but investing in green home improvements benefits the environment and your wallet, all while giving prospective buyers a positive impression of your home. 

Would you like to go green? Boost the resale value of your Albuquerque home with these seven sustainable tips. 

Efficient Heating

Over 30% of your energy expenses are attributed to heating your home during the winter. To reduce your utility bills by a half, you need to replace your outdated furnace or boiler with energy-efficient models. Thermostats can also be programmed for maximum efficiency all year round with modern heating systems. 

Water-Saving Fixtures 

Old toilets and faucets leak a surprising amount of water. Fixtures with faults are more likely to leak water and increase your water bill. Water-saving toilets, showerheads, and faucets can help you save money and water by reducing the use of water within your home. 

Kitchen Appliances 

Since cooking appliances consume the most electricity, it is no surprise to see your kitchen as the highest energy consumer in your home. In order to reduce the environmental impact of your home, you can easily swap out energy-consuming appliances for energy-efficient alternatives. Choose dishwashers, refrigerators, and microwaves with Energy Star ratings for the best eco-friendly appliances. 

Better Windows 

Unsealed cracks in old windows allow a substantial amount of air to enter your home, literally wasting your money when it comes to heating and cooling. Put in new windows that are designed to keep your house warm in the winter and cool in the summer. You'll save money and be able to attract buyers with high-efficiency windows. 

Smarter Lighting 

It's time to retire fluorescent bulbs from your home's lighting. Lighting that's energy-efficient requires a lot less energy to illuminate your home. For maximum efficiency, use LED bulbs or compact fluorescent lamps. 

Water-Wise Landscaping 

Even though a lush front lawn looks healthy from the outside, it consumes a great deal of water. Lawn care costs homeowners a lot of money and in turn is a turn-off to potential buyers. Choose drought-tolerant plants that are easy to maintain and add curb appeal to your home instead. California Poppy, Yucca, and Lavender are just some of the greenery that is water-wise. 

Insulation

A house that is not properly insulated won't benefit from new windows and cooling systems. Don't forget to insulate an unused attic space and seal windows and doors properly. For the best results, hire a professional energy auditor who will provide a comprehensive inspection of your home. 

An eco-friendly home is easily attainable if you have the right information and preparation. Invest in energy-efficient appliances and systems by replacing old ones. Consider investing in more substantial changes such as a landscape renovation once you have made simple changes. Home improvements that are green will save you money in the long run as well as make your property more attractive to potential buyers. 

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

 

HOT HOME LISTING OF THE WEEK!

13516 Deer Trail Place NE, Albuquerque, NM 87111  $875,000

6 Bedrooms / 4 Bathrooms (3 full, 1 half) / 5893 Square Feet

Perfectly situated with 180 degree views in Glenwood Hills. The frosted glass accented front door greets you and beyond is a wide, open floorplan, with tons of natural light, gas fireplace and wet bar making this home perfect for entertaining. Main level boasts a master suite, 2 spacious bedrooms, formaldining and well-appointed kitchen with breakfast nook and access to one of many patios. Upstairs is another master suite with jetted tub and double sinks, privatebalcony and a fantastic walk-in closet. The garden level is open to the patios and is perfect for rec room/office/gym. Want city AND mountain views this uniqueproperty offers panoramic, breathtaking city views with Mount Taylor in the distance! Hiking, biking and walking trails are just minutes away.

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Check Out Our Latest Hot Properties!

by Sandi Pressley

Just listed! Whether you're looking for the ideal first home or need to expand your living space, these fine homes will make the perfect choice. These homes are certain to sell fast, so make sure you schedule a showing today.

Feel free to contact Sandi Pressley and her team at 505-263-2173 to get more information and schedule a viewing of these fine homes. You can also check out all of our listings on our Featured Listings page.

11520 WOODMAR Lane NE, Albuquerque, NM 87111

Wonderful opportunity in Prestigious Tanoan! This single-story gem is packed with amenities galore...Renovated bathrooms, updated flooring, owned solar and more! This comfortable 4-bedroom home enjoys 2 large living areas complete with fireplace & built-ins. The master bedroom has an oversized en suite bathroom with gorgeous tile work, dual sinks, and large walk-in closet. The second bedroom features an attached bath, and additional 2 bedrooms share a convenient Jack & Jill bath. And get ready to enjoy the beautiful NM weather in multiple outdoor living spaces: there's a spacious, private courtyard, multiple patio spaces, and yard. Welcome home!

Learn More!


208 MADISON Street NE, Albuquerque, NM 87108

Excellent location in Knolls of Paradise Hills! Close to shopping, restaurants, parks, Cottonwood Mall, Presbyterian Rust Hospital and easy access across town or downtown! 4BDR/2BA/2CG! Private front courtyard! Huge great room with cove ceiling and fireplace! Skylights! Master suite on its own wing! New water heater (2020) Kitchen features breakfast nook with beautiful bay windows overlooking the backyard. Master suite features jetted tub, large shower, dual sink vanity, two walk-in closets & tile floor. Large secondary bedrooms and full bath on a separate wing. Outdoor living features a covered patio, entertaining space for summer BBQs, raised garden space for flowers & herb pots and mature trees and shrubs!
REQUEST MORE INFORMA

Nob Hill, UNM, downtown!! Close to shopping, restaurants, breweries, transportation! Updated 3BDR/2BA home with private front courtyard, light, bright and open living/dining area with lots of windows, wood floors, wood burning fireplace! REFRIG AIR! Versatile floor plan with 2BDRS/1BA on its own wing! 1BDR & BATH on it's own wing! Updated kitchen and baths! Kitchen features lots of cabs, gas stove, built-in microwave, tile flooring! Separate laundry room! Huge backyard with backyard access, deck and large storage shed!

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Get More Room With These Latest Listings

by Sandi Pressley

Is your family growing and you need some extra room? If you're looking to expand your living area, you can't beat these two outstanding values. One of these homes offers 7 bedrooms and 3566 sq ft of room! Check out these great properties while can!

Feel free to contact Sandi Pressley and her team at 505-263-2173 to get more information and schedule a viewing of these fine homes. You can also check out all of our listings on our Featured Listings page.

7321 THUNDERBIRD Court NW, Albuquerque, NM 87121

$275,000

Cul-De-Sac! Private gated entrance! Beautiful shade tree at the front entry! 7 BDR/3BA! Two master bedrooms on main level! THREE living areas with living/dining and separate family room with wood burning fireplace plus a huge den. 7 bdrs with closets, 4 on the main level and 3 bdr upstairs plus an office/study/flex room on the main. Kitchen is open to the family room with breakfast bar and pantry. Approx .25 acre lot located on a cul-de-sac, extended covered patio, large backyard, two storage sheds, walled for privacy and lots of outdoor entertaining space. Close to schools, shopping, restaurants, easy access to 1-40 and Coors!

Learn More!


4621 CONGRESS Avenue NW, Albuquerque, NM 87114

$325,000

Excellent location in Knolls of Paradise Hills! Close to shopping, restaurants, parks, Cottonwood Mall, Presbyterian Rust Hospital and easy access across town or downtown! 4BDR/2BA/2CG! Private front courtyard! Huge great room with cove ceiling and fireplace! Skylights! Master suite on its own wing! New water heater (2020) Kitchen features breakfast nook with beautiful bay windows overlooking the backyard. Master suite features jetted tub, large shower, dual sink vanity, two walk-in closets & tile floor. Large secondary bedrooms and full bath on a separate wing. Outdoor living features a covered patio, entertaining space for summer BBQs, raised garden space for flowers & herb pots and mature trees and shrubs!
REQUEST MORE INFORMA

Excellent location in Knolls of Paradise Hills! Close to shopping, restaurants, parks, Cottonwood Mall, Presbyterian Rust Hospital and easy access across town or downtown! 4BDR/2BA/2CG! Private front courtyard! Huge great room with cove ceiling and fireplace! Skylights! Master suite on its own wing! New water heater (2020) Kitchen features breakfast nook with beautiful bay windows overlooking the backyard. Master suite features jetted tub, large shower, dual sink vanity, two walk-in closets & tile floor. Large secondary bedrooms and full bath on a separate wing. Outdoor living features a covered patio, entertaining space for summer BBQs, raised garden space for flowers & herb pots and mature trees and shrubs!

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Selling a home in Albuquerque always involves an inspection. But when the inspector reports something amiss in the plumbing, sellers either panic or simply shrug it off.

If there are issues with the property, an inspector is sure to find those. For the most part, buyers will not commit to buying a home until it's been thoroughly vetted by an inspector.

It can be a hassle to make repairs after an inspection, and it will certainly eat into your profits. But what kind of repairs could you potentially be expected to make?

Check the Contract

In order to avoid being forced into repairs you don't want to make, you should check your contract.

Generally, you shouldn't sign a contract until you clearly understand what it stipulates. This is especially true when it comes to repairs.

Thankfully, not everything that the home inspector suggests you fix must be fixed. Reports are not to-do lists.

There are three kinds of repairs: necessary, optional, and debatable.

Required Repairs after a Home Inspection

Prior to releasing funds to complete the purchase, lenders will require some repairs. Repairs are usually needed because of structural issues, safety concerns, and code violations.

An inspection may uncover mold or mildew that poses a safety risk. Unrepaired leaks in water mains and damaged plumbing systems can cause mold growth.

Bob Oates Plumbing recommends all clients perform routine plumbing maintenance on an annual basis after a water main breaks, because an undetected leak can lead to high water bills, mold, mildew, and rot.

If such problems are discovered during the home inspection, you will likely be responsible for fixing them.

A repair credit is often offered to buyers, allowing them to perform the repairs themselves. Taking this route means you won't have to supervise the repairs.

Repairs that are Not Required

Normal wear and tear or cosmetic damage is not the seller's responsibility.

In some contracts, the buyer will be restricted to requesting only the above-mentioned required repairs and cannot request cosmetic repairs. However, the seller is also liable for any issues or defects discovered during an inspection if state laws govern that matter.

To know which repairs you will be responsible for, you should understand your local ordinances.

Negotiable Home Repairs

Repairs that are negotiable fall somewhere between required and optional repairs. Market conditions affect how they're treated.

There is more flexibility for the seller in a seller's market. If the market is hot, the contract may specify that the buyer will buy the home "as is" or may request the buyer request a limited inspection only. The seller would not be obligated to pay for repairs if the contract stipulates such language.

Such strict rules would not be allowed in a normal marketplace.

Sellers are responsible for negotiating these repairs. Home warranties are offered by some, while others offer value-added incentives to buyers.

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

 

HOT HOME LISTING OF THE WEEK!

13516 Deer Trail Place NE, Albuquerque, NM 87111  $875,000

6 Bedrooms / 4 Bathrooms (3 full, 1 half) / 5893 Square Feet

Perfectly situated with 180 degree views in Glenwood Hills. The frosted glass accented front door greets you and beyond is a wide, open floorplan, with tons of natural light, gas fireplace and wet bar making this home perfect for entertaining. Main level boasts a master suite, 2 spacious bedrooms, formaldining and well-appointed kitchen with breakfast nook and access to one of many patios. Upstairs is another master suite with jetted tub and double sinks, privatebalcony and a fantastic walk-in closet. The garden level is open to the patios and is perfect for rec room/office/gym. Want city AND mountain views this uniqueproperty offers panoramic, breathtaking city views with Mount Taylor in the distance! Hiking, biking and walking trails are just minutes away.

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team


What is Opendoor iBuyer?

by Sandi Pressley

Have you heard about Opendoor? If you plan to sell your home in Albuquerque, perhaps this company has crossed your path. Opendoor is capitalizing on the popularity of iBuyer technology. The term iBuyer refers to an instant buyer. IBuyers theoretically make the process of selling a home easier, faster, and sometimes cheaper.

What Is an iBuyer?

As was touched on, Opendoor is characterized as an iBuyer. Using technology, iBuyer companies offer instant offers on properties. Data and advanced algorithms are used by an iBuyer company to estimate the value of a property. Based on that information, they make an offer.

Traditionally, sellers do not have to market and sell their homes. iBuyer then takes ownership of the home, makes any necessary repairs or changes, markets it, and eventually sells it on.

Occasionally, the terms iBuyer and flipper are used interchangeably, but there often appears to be differences between the models. Flippers typically buy foreclosure homes or homes near foreclosure that need extensive renovations. The work will be done and then sold for a profit.

IBuyers tend to search for homes in good condition, and they'll likely pay fair market value. Repairs might be made, but most renovations are minor.

Where do they make their money?

Opendoor is a fee-based service. The iBuyers try to charge a commission fee that is comparable to that of a real estate agent. Fees are based on the time required to sell a property.

What Is Opendoor Specifically?

Opendoor is one of the largest iBuyers at the moment. A lot of credit goes to them for starting iBuying. Opendoor charges its customers a service fee.

When someone submits an offer request, Opendoor will provide the seller with all-cash offers within 24 hours. After entering your address, you can choose the features of your home and any upgrades you've made. After you accept the offer from Opendoor, they'll send a team out to conduct a walkthrough.

They deduct the costs of repairs if they believe they are necessary. You only need to choose a closing date if you agree to the offer and terms.

What Are the Pros of Opendoor?

There are definitely some upsides to Opendoor. To begin with, it is simple. That’s the biggest benefit. Traditional methods of selling a house can be time-consuming and frustrating. An inspection, closing, and selling a house can take months. It is really possible to get an offer within 24 hours on Opendoor, and they also pay for the inspection.

What Are the Cons of Opendoor?

Opendoor has its downsides, as with anything.

First of all, it helps if you have some idea about the local Albuquerque real estate market. Selling a home requires you to make smart decisions that lead to a competitive offer from Opendoor. You might be better off working with a realtor in the traditional sense if you do not have this knowledge and experience.

It's also possible that you won't make as much money selling your home as you would if you sold it traditionally, especially if you live in a seller's market right now.

Also, Opendoor charges at least 7.5% for using the service, which is more than the usual commission paid to real estate agents. There is also a disclaimer that they could charge as much as 14%, whereas real estate agents usually charge just 6%. Fees are determined by how long it takes to sell your home, its features, as well as comparable homes in your area.

Furthermore, Opendoor determines the cost of any repairs based on its own inspection. You can negotiate repair costs if you sell your home conventionally.

Opendoor and other platforms like it may seem as if they're the future of real estate, but it's more likely to be a component of it. But working with a real estate agent will also remain a popular choice for buyers and sellers.

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

HOT HOME LISTING OF THE WEEK!

2625 HALCON Place SW, Albuquerque, NM 87105   $400,000

3 Bedrooms / 3 Bathrooms (2 full, 1 half) / 2797 Square Feet

Country living in the South Valley at its best! Covered sun porch & front entry with rose bushes! BACKYARD ACCESS with electric gate. Metal Roof! 3BDR/3BATH featuring a beautiful ADDITION in 2010 for kitchen, sitting room & master suite! Oversized kitchen features beautiful cabinetry, granite countertops, huge pantry & tile flooring! Master suite features his/her vanities, large walk in closet, jetted tub, sep shower, skylights, gas fireplace! Detached 2Car garage with pit, crane, sink & storage; horse barn & shop w/electricity & chicken coop! Gorgeous yard to entertain family & friends! Fruit trees, grapes, grass, shrubs & covered patio!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

 

What You Should Know Before Flipping a Home in Albuquerque

by Sandi Pressley

House flipping has become increasingly popular thanks to reality TV shows that show house flippers making nearly $50,000 in just a few weeks. You make a nice living doing it and help a lot of families find their dream homes (since you have helped fix them up). The only problem is that you must have the ability to do the job correctly. You cannot expect to paint the walls and sell the home for a million dollars. It takes a lot of hard work and research to flip a house. Here are five steps to help.

1. Research the Albuquerque Real Estate Market

There are certain markets that are better suited for flipping houses. For example, if you're only looking to start off with $10,000 for your remodeling budget, you probably should not start flipping houses that are previously listed for millions. This kind of strategy isn't recommended because you'll end up with less than what you began with. It's a general rule of thumb that the less cash you have to start with, the less the house should cost overall. That means that the first two questions that you need to answer are:

  • How much cash are you starting off with?
  • What market can you afford to work with?

You need to know where the neighborhood that you’re planning on working with sits on the scale of A to D. A neighborhood that is classified as “A” means that the homes are wealthier. A “D” neighborhood would be considered poorer and definitely working class. Each neighborhood has its challenges and benefits, so learn about your local market before buying your first home to flip.

2. Set a Budget and a Plan

If you enter this without a plan, you're setting yourself up for failure. It need not be extravagant or crazy, or even very detailed. It is imperative that you plan how much you'll spend on the flip and how much you'll make off of it. Try not to buy anything that has serious issues that you cannot fix within your budget. This is especially true for your first home, which you want to flip quickly and easily.

3. Find the Right House

Secondly, you will need to start looking for the right house. Here are again the benefits of neighborhood classification. You need to find a house that fits your budget without significant complications. Research the property first as well to verify structural soundness, the absence of infestations, and mold problems if any. If everything you do feels like a numbers game, it is. You need to find a house that's high enough for you to make money off of it, but low enough for you to feel comfortable with the price that you are spending.

4. Renovate

Here comes the most important part of the process: the renovation. You'll be busy all day and night to flip the house since the faster you do it, the more money you'll earn. Make the house feel homey by adding special touches. Skim coat the walls to prolong their lifespan and give it a quality appearance. The more time you spend on your house, the more money you'll lose since you must pay taxes, bills, and insurance. Because of all that, you should finish the house right away.

5. Get Ready to Sell

Fortunately, the final step of the process is the easiest one, since now you just have to prepare to sell the home. It's in your hands to determine the price that you're willing to sell it for. You want to make sure the house is priced right, while still making enough money to cover the costs. An experienced Realtor, such as Sandi Pressley and her team, can help you get the highest price for your newly completed home flip.

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

HOT HOME LISTING OF THE WEEK!

7508 CALLE MONTANA NE, Albuquerque, NM 87113

5 Bedrooms / 3 Bathrooms (2 full, 1 half) / 3011 Square Feet

Beautiful 5 bedroom Stillbrooke home in highly sought after planned community! Main level features grand open floorplan w/gorgeous custom staircase; spacious great room opens onto breakfast nook & kitchen w/granite countertops, island & breakfast bar. Cathedral ceilings & Clerestory windows makes this home bright & light. Flexible floorplan could be 2 living areas: office & 5 bedroom plus loft, OR formal dining, greatroom, 5 bedrooms & loft/media area. Master suite on main level has backyard access, spa like en suite & huge walk-in closet. Also, a secondary bedroom on main level. Upstairs features a huge loft/media room, 3 more very large bedrooms, & additional full bathroom. Lovely landscaped backyard w/water feature & fully walled for privacy. New carpet 2019, & updated SS appliances.

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

 

Even as hot as the home selling market is in Albuquerque, you still want your home to look fantastic so that you can get as much from the sale as possible. There are a number of important facets to staging a home. How you arrange your furniture is one of those. Here are some do’s and don’ts when it comes to arranging your furnishings when you sell your home.

Dos

Plush Pillows

The pillows are a great place to start. Look for decorative pillows that are soft and plush. Down filled pillows will add a wow factor to any room. You can figure out how your pillows will shape by giving them a karate chop to the top edge.

Space Around Your Furniture

Leave space around your furniture to make your room more inviting. It can be helpful to create more conversational space by placing your furniture farther from the wall, if possible. The best placement for this is between 4-8 feet from the wall.

The Right Light

Lights should be purchased that are appropriately sized for a particular room. A light should complement the décor, much like a fine piece of jewelry will complement a dress. Investing in the right lighting will enhance a room’s ambiance.

Paint Colors Enhance the Look of a Room

Choosing the best color paint for your room can make or break it. A professional can help you determine the perfect shade that brings out the best features in your room.

An Appropriately-Sized Area Rug

The right area rug can bring your furniture together in a cohesive group. You should make sure your rug is at least large enough for the front legs of each piece of furniture in the grouping.

Don’ts

Over-Matching Furniture and Textiles

You should avoid over-matching furniture and textiles. Instead, try to make them relate. Choose pieces that have something in common, such as mood, material, history, color, motif or style.

Skimping on Drapery

When it comes to drapes, less is not more. It's recommended you should use fabric that's up to 3 times the width of your window. If you have fixed side panels, use fabric that's twice as wide as the window.

Isolate Rooms

Rooms should flow together. You can get this effect by linking adjacent spaces. Once way to do this is by carrying over an accent color or repeat a pattern from room to room.

Stopping Before the Layering Phase

This is another area where you can go overboard with matching. For example, if you have a patterned headboard in your room, you can repeat the pattern or color, but not both. Keep it subtle.

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

HOT HOME LISTING OF THE WEEK!

9519 OAKLAND Avenue NE, Albuquerque, NM 87122

5 Bedrooms / 5 Bathrooms (3 full, 2 half) / 3631 Square Feet

Welcome home to this Custom John Mark home built in 2019 with all the bells and whistles. Nestled into 0.73 acres in this prime location, walk in to soaring ceilings & a magnificent floor-to-ceiling gas fireplace as the centerpiece to this open floorplan with bright, LED lighting. The gourmet kitchen features top-of-the-line Jenn-Air appliances, gorgeous granite countertops & a cleverly concealed oversized pantry. From the living room, slide open the 3 glass doors to enjoy the INCREDIBLE backyard. This property features: a heated pool with electric cover, separate spa/hot tub, outdoor kitchen, gas fire pit with circular seating, basketball court, soccer field, meticulously planned landscaping, an outdoor accessible 3/4 bath, and electric gate entry.

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

 

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Photo of The Sandi Pressley Team Real Estate
The Sandi Pressley Team
Coldwell Banker Legacy
10400 Academy Rd. NE Suite 100
Albuquerque NM 87111
505-980-2999
505-263-2173 / 505 293-3700
Fax: 505-212-0729

Quick links to this site are also SandiSells.net or SandiSellsHomes.com