8 Strategies for Upping Your Home's Curb Appeal

8 Strategies for Upping Your Home's Curb Appeal

Courtesy of The Scout Guide

First impressions matter, so whether you want to spiff up your exterior for your own enjoyment or need it to shine when your house goes on the market, adding some eye-catching charm to your home is always a worthwhile endeavor. From simple updates to structural changes, we checked in with two Scouted experts who know how to turn ordinary abodes into showstoppers. Read on to see their strategies for making the most out of your home’s exterior.

Architectural Design by Matthew V. Costanzo Architect; photography by David Hillegas.

Utilize genuine materials. 

When building or renovating, Matt Costanzo, principal and owner of MVC Architect in Mountain Brook, Alabama, stresses the importance of using authentic materials. “Whether it’s reclaimed brick, carved limestone, cedar shake, or bluestone, the use of these types of materials will always give your home a texture or patina that newer, pre-packaged components cannot provide,” he says. 

Address your door. 

Kristina Leigh Wiggins Johnson, architectural designer and founder of Cosee in Midland, Texas, likes to think of front doors like the cover of a bestseller. “People will often determine if they want to read a book based on the cover,” she says. “Your front door should be treated the same way; it sets the tone for all who walk through it.” That being said, Johnson notes that wood tones and neutral colors are always the safest bet if your goal is universal appeal or achieving a classic look.

Architectural Design by Matthew V. Costanzo Architect; photography by Laurey Glenn.

Don’t shy away from an investment

When it comes to having an appealing exterior, all of the little things really matter. For example, when a client’s budget allows, Costanzo prefers to use copper flashing versus the more common steel or aluminum. Copper is on the expensive side, but Costanzo maintains utilizing this natural material on your flashing is a worthwhile investment. He confirms that not only is it aesthetically stunning, but copper develops a beautiful patina as it ages, and is a sturdy material that will stand the test of time.

See the light. 

As with interiors, light fixtures are a surefire way to update and even transform your home without too much of an expense. Johnson recommends ensuring all exterior light fixtures are clean and in working order. If they are old or simply dated, Johnson recommends replacing them with new, more contemporary fixtures.

Architectural Design by Matthew V. Costanzo Architect; photography by David Hillegas.

It’s more than a number. 

Sometimes an afterthought, house numbers have the power to make a big impact and set the tone for how inviting your home feels. Johnson advises that not only should they be large enough to read from the curb, but they should be updated to either feel more modern or to match the style of your house.

Architectural Design by Matthew V. Costanzo Architect; photography by David Hillegas.

Consider your window treatments. 

We often think of our shutters or curtains as things you only see inside, but Johnson notes that many are visible from the exterior. “If you have window coverings that read drastically different from the curb, especially in terms of color, it’s best to make them cohesive with the exterior design of your home,” she says.

Architectural Design by Kristina Leigh Johnson of Cosee Home; built by Ashingdom Homes; photography by Kayla Barker.

Keep it simple. 

An aesthetically pleasing home doesn’t have to be fussy. Costanzo expresses the importance of building and renovating with the intention that your home will stand the test of time and be passed down to future generations. That means removing unnecessary elements from your exterior and keeping it pared down and simple. 

The Best Time To Sell Your House Is When Others Aren’t Selling

The Best Time To Sell Your House Is When Others Aren’t Selling

If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm.

Looking back at every April since 2017, the only year when fewer sellers listed their homes was in April 2020, when the pandemic hit and stalled the housing market. In more typical years, roughly 500,000 sellers add their homes to the market in April. This year, we saw fewer than 400,000 sellers entering the market in April.

While there are a number of factors contributing to this trend, one thing keeping inventory low right now is that some homeowners are reluctant to move when the mortgage rate they have on their current house is lower than the one they could get today on their next house. It’s called a rate lock.

As a recent survey from Realtor.com explains, 56% of people who are planning to sell in the next 12 months say they’re waiting for rates to come down.

While this wait-and-see approach is right for some sellers, it also creates an opening for more eager sellers to jump in now.

If your current house truly doesn’t fit your needs anymore and you’re ready to move, don’t miss this chance to stand out. When fewer sellers are putting their homes up for sale, buyers will have fewer options, so you set yourself up to get the most eyes possible on your house. That’s why your house could see multiple offers as buyers compete over the limited supply of homes for sale – especially if you price it right.

As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: “Inventory levels are still at historic lows . . . Consequently, multiple offers are returning on a good number of properties."

Bottom Line

If you’re ready to sell now, beat the competition before it comes onto the market. If you do, your house should stand out and could get multiple offers. Let's connect to get you market ready.

This Real Estate Market Is the Strongest of Our Lifetime

This Real Estate Market Is the Strongest of Our Lifetime

When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 

1. The Current Mortgage Rate on Existing Mortgages

First, let’s look at the current rate on existing mortgages. According to the Federal Housing Finance Agency (FHFA), as of the fourth quarter of last year, over 80% of existing mortgages have a rate below 5%. That’s significant. And, to take that one step further, over 50% of mortgages have a rate below 4%.

Now, there’s a lot of talk in the media about a potential foreclosure crisis or a rise of homeowners defaulting on their loans, but consider this. Homeowners with such good mortgage rates are going to work as hard as they can to keep that mortgage and stay in their homes. That’s because they can't go out and buy another house, or even rent an apartment, and pay what they do today. Their current mortgage payment is more affordable. Even if they downsize, with today’s higher mortgage rates, it could cost more.

Here's why this gives the housing market such a solid foundation today. Having so many homeowners with such low mortgage rates helps us avoid a crisis with a flood of foreclosures coming to market like there was back in 2008.

2. The Amount of Homeowner Equity

Second, Americans are sitting on tremendous equity right now. According to the Census and ATTOM, roughly two-thirds (around 68%) of homeowners have either paid off their mortgage or have at least 50% equity.

In the industry, the term for this is equity rich. This is significant because if you think back to 2008, some people had to make the difficult decision to walk away from their homes because they owed more on the home than it was worth.

But this time, things are different because homeowners have built up so much equity over the past few years alone. And, when homeowners have that much equity, it helps us avoid another wave of distressed properties coming onto the market like we saw during the crash. It also creates an extremely strong foundation for today’s housing market.

Bottom Line

We are in one of the most foundationally strong housing markets of our lifetime because homeowners are going to fight to keep their current mortgage rate and they have a tremendous amount of equity. This is yet another reason things are fundamentally different than in 2008.