Aug. 7, 2018

Renters for a Weekend or a While: What’s the Best Use of Your Flagstaff Investment Property?

Renters for a Weekend or a While: What’s the Best Use of Your Flagstaff Investment Property?

 

The residential rental market is now the fastest-growing segment of the housing market. In the United States, the demand for single-family rentals, defined as either detached homes or townhouses, has risen 30 percent in the past three years.1 And in Canada, rental units now account for nearly one-third of the country’s homes, with particular demand for multi-family units, including apartments and condominiums.2

 

At the same time, the short-term, or vacation rental market is also booming. The popularity of online marketplaces like Airbnb, HomeAway, and VRBO has helped the short-term rental market become one of the fastest-growing segments in the travel industry.3

 

Now, more than ever, there is an abundance of opportunity for real estate investors. But which path is best: leasing your Flagstaff property to a long-term tenant, or renting your property to travelers on a short-term basis?

 

In this post, we examine the differences between the two investment strategies and the benefits and limitations of each category.

 

 

WHY INVEST IN A RENTAL PROPERTY in FLAGSTAFF? The Top 5 Reasons

 

Before we delve into the differences between long-term and short-term rentals, let’s answer the question: “Why invest in a rental property at all?”

 

There are five key reasons investors choose real estate over other investment vehicles:

 

  1. Appreciation

 

Appreciation is the increase in your property’s value over time. And history has proven that over an extended period, the cost of real estate continues to rise. Recessions may still occur, but in the vast majority of markets, the value of real estate does grow over the long term.

 

  1. Cash Flow

 

One of the key benefits of investing in real estate is the ability to generate steady cash flow. Rental income can be used to pay the mortgage and taxes on your investment property, as well as regular maintenance and repairs. If appropriately priced in a solid rental market, there may even be a little extra cash each month to help with your living expenses or to grow your savings.

 

Even if you only take in enough rent to cover your expenses, a rental property purchase will pay for itself over time. As you pay down the mortgage every month with your rental income, your equity will continue to increase until you own the property free and clear … leaving you with residual cash flow for years to come.

 

  1. Hedge Against Inflation

 

Inflation is the rate at which the general cost of goods and services rises. That means as inflation rises, the money you have sitting in a savings account will buy less tomorrow than it will today. On the other hand, the price of real estate typically matches (or often exceeds) the rate of inflation. To hedge or guard yourself against inflation, real estate can be a smart investment choice.

 

  1. Leverage



    Leverage is the use of borrowed capital to increase the potential return of an investment. You can put a relatively small amount down on a property, finance the rest of the investment with a mortgage, and then profit on the entire combined value.
     
  2. Tax Benefits

    Don’t overlook the tax benefits that can come with a real estate investment, as well. From deductions to depreciation to exemptions, there are many ways a real estate investment can save you money on taxes. Consult a tax professional to discuss your particular circumstances.

 

These are just a few of the many perks of investing in real estate. (For more detailed information, visit our previous post: Why Real Estate Investing Makes (Dollars and) Sense.) But what’s the best strategy to maximize returns on your investment property? In the next section, we explore the differences between long-term and short-term rentals.


 

FLAGSTAFF'S LONG-TERM (TRADITIONAL) RENTAL MARKET

 

When most people think of owning a rental property, they imagine buying a home and renting it out to tenants to use as their primary residence. Traditionally, investors would use their rental property to generate an additional stream of income while benefiting from the property’s long-term appreciation in value.

PROS

  • In fact, that steady and predictable monthly cash flow is one of the key advantages of owning a long-term rental.
  • And as an owner, you don’t usually have to worry about paying the utility bills or furnishing the property—both of which are typically covered by the tenant.
  • Add to this the fact that traditional tenants translate into less time and effort spent on day-to-day property management, and long-term rentals are an attractive option for many investors.

CONS

  • However, there are also limitations to long-term rentals, which often come down to your ability to control the property. Perhaps the most obvious one is that you do not get to use the home or closely monitor its upkeep (this is different from a short-term rental, which we’ll share in the next section).

 

  • In addition, while you can usually generate a steady, predictable income stream with a long-term rental, you are limited in your ability to adjust rent prices based on increasing or seasonal demand. Therefore, you may end up with a lower overall return on your investment. In fact, according to data from Mashvisor, in the 10 hottest real estate markets, short-term rentals produced “significantly higher rental income” than long-term rentals.4

 

 

FLAGSTAFF'S SHORT-TERM (VACATION) RENTAL MARKET

 

Short-term rentals are often referred to as vacation rentals, as more and more travelers enjoy the benefits of staying in a home while on vacation. In fact, according to Wells Fargo, vacation rentals are steadily growing and predicted to account for 21% of the worldwide accommodations market by 2020.5

PROS

Investing in a short-term rental or funding your second-home purchase by renting it out can offer many benefits. If you purchase an investment property in a top travel destination or vacation spot, you can expect steady demand from travelers while taking advantage of any non-rented periods to enjoy the home yourself. In addition to greater control over how your property is used, you can also adjust your rental price around peak travel demand to maximize your returns.

CONS

But short-term rentals also have risks and drawbacks that may dissuade some investors. They require greater day-to-day property management, and owners are typically responsible for furnishing the property, upkeep, and utilities.

 

And while rental revenue can be higher, it can also be less predictable based on seasonal or consumer travel trends. For example, a lack of snowfall during ski season could mean fewer bookings and lower rental revenue that year.

 

In addition, laws and limitations on short-term rentals can vary by region. And in some areas, the regulations are in flux as residents and government officials adapt to a new surge in short-term rentals. So make sure you understand any existing or proposed restrictions on rentals in the area where you want to invest.

Urban centers or suburban communities may be more resistant to short-term renters, thus more likely to pass future limitations on use. To lower your risk, you may want to consider properties in resort communities that are accustomed to travelers. We can help you assess the current regulations on short-term rentals in our area. Or if you’re interested in investing in another market, we can refer you to a local agent who can help.

 

 

WHICH INVESTMENT STRATEGY IS RIGHT FOR YOU?

 

Now that you understand these two real estate investment options, how do you pick the right one for you? It’s helpful to start by clarifying your investment goals.

 

If your goal is to generate steady, predictable income with less time and effort spent on property management, then a long-term rental may be your best option. Also, if you prefer a less-risky investment with more reliable (but possibly lower) returns, then you may be more comfortable with a long-term rental.

 

On the other hand, if your goal is to purchase a vacation or second home that you’ll use, and you want to defray some (or all) of the expense, then a short-term rental may be a good option for you. Similarly, if you’re open to taking on more risk and revenue volatility for the possibility of greater investment returns, then a short-term rental may better suit your spirit as an investor.

 

But sometimes the decision isn’t always so clear-cut. If your goal is to purchase a future retirement home now to hedge against inflation, rising real estate prices, and interest rates, then both long- and short-term rentals could be suitable options. In this case, you’ll want to consider other factors like location, market demand, property type, and your risk tolerance.

 

 

FLAGSTAFF OR ELSEWHERE … WE CAN HELP

 

If you’re looking to make a real estate investment—whether it’s a primary residence, investment property, vacation home, or future retirement home in Flagstaff and the nearby communities—give us a call. We’ll help you determine the best course of action and share insights and resources to help you make an informed decision. And if your plans include buying outside of our area, we can refer you to a local agent who can help. Contact us at 888.446.5602 to schedule a free consultation!

 

Tap to call button.

 

The above references an opinion and is for informational purposes only.  It is not intended to be financial advice. Consult the appropriate professionals for advice regarding your individual needs.

 

 

Sources:

  1. USA Today –
    https://www.usatoday.com/story/money/personalfinance/real-estate/2017/11/11/renting-homes-overtaking-housing-market-heres-why/845474001/
  2. The Globe and Mail –
    https://www.theglobeandmail.com/real-estate/the-market/article-demand-for-rental-housing-in-canada-now-outpacing-home-ownership/
  3. Phocuswright –
    https://www.phocuswright.com/Travel-Research/Research-Updates/2017/US-Private-Accommodation-Market-to-Reach-36B-by-2018
  4. Rented.com –
    https://www.rented.com/vacation-rental-best-practices-blog/do-long-term-rentals-or-short-term-rentals-provide-better-investment-returns/
  5. Turnkey Vacation Rentals –
    https://blog.turnkeyvr.com/short-term-vs-long-term-vacation-rental-properties/

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Posted in Home BuyingTips
July 31, 2018

Three in a row: Flagstaff Realtor Kelly Broaddus Once Again Brings Home National Honor

by Joselyn Uy

Phoenix, Arizona July 31, 2018

Broker Agent Advisor

Broker/Agent™ Advisor Honors Kelly Broaddus Achievement in 2018

 

Now in its 23nd year, Broker/Agent™ Advisor celebrates the success and accomplishment of the industry’s finest real estate professionals through it’s exclusive ‘Certificate of Excellence’ Program.

 

Through proprietary criteria, formulas, and other valuable considerations, Kelly Broaddus of eXp Realty has been distinguished by Broker/Agent™ Advisor as one of the best in business based on achievement, potential, leadership, ethics, community value, experience, capability, and trust for their service during the calendar year of 2018. 

 

This is the third straight year that Kelly Broaddus won the Certificate of Excellence award from Broker/Agent™ Advisor.   “With over $10M in closed transactions in 2018, Kelly exemplifies the type of professional we designed this award for,” says Chad Golladay, Executive Publisher of Broker/Agent™ Advisor. “A true credit to their company, profession, and community both inside and outside of their real estate practice; one with whom the honor is truly ours in being able to share this award.”

 

There is no cost or fee required for this award, and all applicant’s credentials are verified, which makes this honor one of the most genuine in the industry towards identifying those truly worthy of special recognition and distinction.

 

Kelly Broaddus can be found in Broker/Agent™ Advisor's national online directory of award recipients here: http://brokeragentadvisor.com/brag-directory

 

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More About Broker/Agent™ Advisor

Established in 1996 Broker/Agent™ is a real estate trade publication which provides information, tools, and resources to assist the modern real estate professional in achieving greater success through their real practice. Discover more about our award program here...  http://brokeragentadvisor.com/brag

 

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About Kelly Broaddus

Kelly Broaddus, an associate broker, leads the Kelly Broaddus Real Estate Advisors Team with eXp Realty. It is a top producing real estate team based in Flagstaff, AZ offering real estate solutions to homebuyers and sellers in Flagstaff, Sedona, Cornville, Williams and nearby areas. 

 

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About eXp Realty

eXp Realty, LLC, the largest residential real estate brokerage by geography in North America, is an agent-designed and agent-owned company. As the leading, national, cloud-based real estate brokerage, eXp Realty provides 24/7 access to collaborative tools, training, and socialization for real estate brokers and agents through its virtual campus environment. It is one of the fastest growing real estate brokerage firms in North America with more than 8,000 agents in 47 U.S. states, the District of Columbia and the provinces of Alberta and Ontario, Canada. As a publicly traded company, eXp World Holdings, Inc. uniquely offers real estate professionals within its ranks opportunities to earn company stock for production and contributions to overall company growth.

For more information, please visit sevenfigureagentaskmehow.com

 

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July 25, 2018

Flagstaff AZ Real Estate Market Update- June 2018

Flagstaff AZ Real Estate Market Data Provided by The Kelly Broaddus Real Estate Advisors Team / by Joselyn Uy

 June 2018 Flagstaff Home Sales

Flagstaff  Home Sales & Prices  Hit New Highs

Wow! Half the year is over and we are still experiencing one exciting/busy real estate month after another. The Kelly Broaddus team had a very productive 1st half selling over $10M of Flagstaff and nearby area real estate. 30 properties in 6 months!

US home sales dropped for the third straight month due to the severe housing shortage in several areas. Meanwhile, in Flagstaff, both housing prices and sales in the greater Flagstaff region hit new highs for the first half of 2018.

FLAGSTAFF HOME SALES

Single-family home sales in the Flagstaff region rose for the fourth straight month this year to record the highest June sales in a decade. Sales volume in June 2018 was very strong with sales rising 13% versus last year. 

FIRST HALF STATS Let us take look at home sales & prices for the first six months of the past 5 years. First Half home sales in the greater Flagstaff area has once again accelerated after last year's so-so performance. There were a total of 561 houses sold in the first half of the year which is up 17% from 2017. This is a new record high.

Chart- Flagstaff Single Family Home Sales Over Time

 

FLAGSTAFF HOME PRICE

Housing prices in the greater Flagstaff region continue to rise. The median sale price of a single-family home rose 7% to $387K in June 2018. 

Flagstaff Median Home Price and Days on Market June 2018

For the first six months prices jumped 5% compared to the first half of 2017. The first half median sale price came in at $385K which is the highest in 10 years. 

 

June 2018 Flagstaff Market Watch Summary 

 

2018 Flagstaff Real Estate Market Watch Total Home Sales-  145 homes, up 13% vs June 2017. 

Median Home Price-  $387,000 up 7% up vs June 2017

Mortgage rates up - A 30 year fixed rate mortgage with 5% down and very good credit rose to an average of 4.52% 

Median days on market:  61 days

Longest days on market: 570 days

CDOM The acronym CDOM (Cumulative Days on Market) is used by the Flagstaff MLS to describe how many days a property has been available for sale. A property has to be off the MLS for at least 90 days for the CDOM to restart, even if it is listed by a different agent. We report the average days on market for properties sold based on CDOM.

The number of days a home sits on the market can tell us a lot about pricing. A high CDOM is commonly a strong indicator that the home is overpriced. 

JUNE 2018 HIGHLIGHTS 

Flagstaff Priciest Luxury Homes (SOLD)

  • $1,800,000 - The most expensive home sold that sold in June 2018 is another luxury custom home in Forest Highlands. With over 6,000 sqft of living space, the new owner gets to enjoy this  extraordinary work of art  and the fantastic views from this log home
  • $584,549 Priciest townhome sold last month is a new construction 3 bedroom with 3 decks! Located in the  Switzer Mesa/Ridge area

The most AFFORDABLE  Flagstaff Homes (SOLD)

  • Manufactured home - $100,000 - Located in Kachina, the manufactured home on the lot was moved, no financing. 
  • Single-family - $178,000 - Single level, off-grid 2 bedroom cabin located in the south rural neighborhood, Elk Park Meadows. It features a bunkhouse for guests, a propane tank, and generator.
  • Townhouse - $205,000 - 2 bedroom, single level, "maintained but somewhat dated" townhome  located in Lower Greenlaw
  • Condo - $124,000 - Our listing, a renovated downstairs studio unit at The Arbors (Woodlands Area)

 

INVENTORY

Alexandra Lee - JUne 2018 Home Sales

“While this spring’s sudden rise in mortgage rates [took] up a good chunk of the conversation, it’s the stubbornly low inventory levels in much of the country that are preventing sales from really taking off like they should… Most markets simply need a lot more new and existing supply to cool price growth and give buyers enough choices.” - Sam Khater, Chief Economist for Freddie Mac

DOWNLOAD THE FULL MARKET REPORT HERE

Flagstaff Home Buyer Advice 

If you’re buying, having fewer homes on the market could present a few challenges. Don’t worry! I can help you come up with a strategy to find your next home.  

  • If you are looking to purchase a Flagstaff home under $400K, inventory is up, but not by much. We have around 3 months of inventory. A balanced market has 6 months supply.
  • At $400K-$500K, supply is down to 4.9 months
  • Above $500K, we have even more homes available on the market. No shortage here.

Home Buying Tips Our home buyer's blog will help you plan and prepare for your successful home purchase and avoid headaches and surprises that may arise during the process.

Sign up for free to receive our updates about coming soon properties and homes for sale not listed on the MLS. 

 

Flagstaff Home Seller Advice 

If you are thinking about selling, now may be the time. Demand for your house will be strongest while there is still very little competition (Under 500K) which could lead to a quick sale for a great price.

Best Time To Sell

 

Home Selling Tips Our blog for home sellers has tons of tips to help sell your home faster and add thousands of dollars to your bottom line. Check it out

 

SATISFIED CLIENTS SAY IT ALL. Check out our 5 Star Reviews. 

 

GET IN TOUCH

We are your Flagstaff home experts! Please contact us at 888.446.5602 or email kelly.broaddus@exprealty.com with any questions you might have about this report of the Flagstaff real estate market.  Contact Us

 

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July 23, 2018

1702 W Mikey Drive, Flagstaff, AZ 86001

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

 1702 W Mikey Drive, Flagstaff, AZ 86001

Remodeled, Move-In Ready Manufactured Home In West Village

3 Beds |  2 Baths | $239,900

UNDER CONTRACT AFTER THE FIRST WEEKEND! MOVE IN READY! Close to NAU and downtown Flagstaff! Comfortable 2006 Manufactured home. Remodeled with new laminate flooring throughout, and fresh interior paint. Beautifully executed split floor. Open floor plan gives a roomier feel than the sq. footage suggests. Large kitchen, with skylight and new range hood, that opens up into the living room. All appliances included. Roomy covered deck and fully enclosed backyard with Mars Hill views and sunshine. Detached 2 car garage and extra street parking. New gutters and exterior paint in 2016.

Photos and more information here: http://www.northernarizonafinehomes.com/property/174546/

 

Location

1702 West Mikey Drive

Car-Dependent

Explore West Village on Walk Score

Dining Nearby

Check out Hiro's Sushi Bar & Japanese Restaurant, the largest Japanese restaurant in Flagstaff serving a full line of the freshest and finest in sushi and Japanese cuisine and winner of "Best of Flagstaff" for Sushi and Japanese cuisine. Coco's Bakery Restaurant also offers great menu choices of very fresh breakfast menus and many options to choose from.  Chili's Grill & Bar is another great place to dine, they serve classic Tex-Mex & American fare in a Southwestern-style setting.

 

Attractions & Recreation

  • Flagstaff Escape Space 
  • Alpine Pedaler
  • North Pole Experience

Schools

  • Eva Marshall Elementary School PK-6
  • Mount Elden Middle School 6-8
  • Flagstaff High School 9-12 

West Village Estates Neighborhood Information

West Village Estates is a subdivision of manufactured homes in Flagstaff, Arizona and neighbors Railroad Springs. Located close to NAU, shopping and downtown. 

Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see this exceptional home in West Village Estates or other houses for sale in Flagstaff.

Search for Homes in Flagstaff, Arizona

Flagstaff Homes for Sale Under $250,000

Flagstaff Homes for Sale $250,000-$350,000

Flagstaff Homes for Sale $350,000-$450,000

Flagstaff Homes for Sale Above $450,000

July 11, 2018

Flagstaff Homebuyer : Avoid These Top 8 Home Inspection Mistakes

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

How to Avoid the Top 8 Home Inspection Mistakes

 

It’s easy to get swept up in the excitement of buying a home. Once you’ve had an offer accepted on your Flagstaff dream house, you’ll probably be anxious to move in. However, before you make a significant financial commitment, it’s best to know exactly what you’re buying.

 

When you hire a home inspector, you get a professional, in-depth examination of the property’s structures and systems. It’s a worthwhile investment that can save you money in the long run, either by warning you away from a bad purchase or by providing a list of deficiencies you can use to negotiate with the sellers.

 

The inspector’s report will also list minor repairs that, if made, will help to maintain your Flagstaff home over the long term. Additionally, a good inspector can often predict the standard life expectancy of your roof, HVAC, and other big-ticket items so you can start planning for their eventual replacement.

 

However, many buyers make mistakes during the inspection process that cost them time and money and lead to unnecessary stress. Avoid these eight common buyer blunders to minimize your risk, protect your investment, and give yourself peace of mind and confidence in your new home purchase in Flagstaff.

DOWNLOAD YOUR FREE HOME INSPECTION MISTAKES REPORT

 

 

MISTAKE 1: Skip Your Own Inspection

 

Many buyers rely on their home inspector to point out issues with the property. However, by conducting your own visual assessment before you submit an offer, you can factor expected expenses into the offer price. Or, if you suspect major problems, you may choose to move on to a different property altogether.

 

Examine the walls and ceilings. Are there suspicious cracks, which could point to a foundation issue? Any discoloration? Yellow spots can indicate water damage, while black spots are typically mold. If there’s a basement, look for powdery white deposits along the walls and slab, which can result from water seepage.1

 

To assess the plumbing, start by turning on a bathroom sink or tub, then flushing the toilet. Check for a drop in water pressure or a gurgling sound coming from the pipes. You can also try running the water in sinks and tubs for several minutes to test for drainage issues. Peak underneath sinks to spot signs of leaks or drain pipes that go into the floor instead of the wall.1

 

Look for fogged or drafty windows, which may need replacing. Examine the roof for signs of cupped, curled, or cracked shingles. Check siding, decks, and other wooden structures for evidence of rot.

 

Overall, does the home appear to be well maintained? Unless it’s a highly-competitive seller’s market, consider the overall condition of the property BEFORE you submit an offer. Work with your real estate agent to factor in repairs and updates you know you’ll need to make when you determine your offer price.

 

MISTAKE 2: Hire the Cheapest Inspector

 

We all love to save money, but not all inspectors are created equal. Before you hire one, do a little research.2 You may even want to start shopping for an inspector before you complete your home search. Inspection periods are typically short, so it never hurts to be prepared.

 

You can start by asking around for recommendations. Check with friends and family members, as well as your real estate agent. Then contact at least two or three inspectors so you can compare not only price but also levels of experience and service.

 

Ask about their background, years of experience, and the number of inspections they have completed. Verify their certifications and credentials, and make sure they carry the proper insurance.

 

Find out what is (and what isn’t) covered in the inspection and if they utilize the latest technology. Ask to see a sample report so you can compare the style and level of detail provided. Finally, make sure you feel confident in the inspector’s abilities and comfortable asking him/her questions.

 

 

MISTAKE 3: Miss Attending the Inspection

 

Make every effort to be on-site during the inspection. Flagstaff buyers who aren’t present during their inspection miss out on a great opportunity to gather valuable information about their new home.

 

If can attend the inspection, don’t spend all your time picking out paint colors or chatting with your new neighbors. Instead, use your time there to shadow the inspector. It’s the perfect chance to find out where everything is located, ask questions, and see first-hand what repairs and updates may be needed.3

 

Of course, if you do choose to tag along with your inspector, exercise good judgment. Don’t get in the way, become a distraction, or do anything to jeopardize your (or the inspector’s) safety.

 

If you can’t make it to the inspection, ask if you can schedule a time to meet in person or speak by phone to go over the report in detail. It will give you an opportunity to ask questions or request clarification about issues in the report you don’t fully understand.

 

 

MISTAKE 4: Skim Over the Report

 

Inspection reports can be long and tedious, and it can be tempting to skim over them. However, Northern Arizona homebuyers who do this risk missing crucial information.

 

Instead, you should read over the report carefully, so you don’t miss anything significant. Now is the time to address any areas of concern. You have a limited window of time to request repairs or negotiate the selling price, so don’t squander it.

 

Your inspector may also flag some minor items that you wouldn’t typically expect a seller to fix. However, ignoring these small issues can sometimes lead to bigger problems down the road. Make sure you read everything in the report so you can take future action if needed.

 

 

MISTAKE 5: Avoid Asking Questions

 

Some Flagstaff buyers are too embarrassed to ask questions when there’s something in the inspection report they don’t understand. Afraid they might look foolish, they avoid asking questions and end up uninformed about important issues that could impact their home purchase.

 

The reality is, questions are expected. You hired your inspector for their professional expertise, so don’t be shy about tapping into it. For example, you might ask:

 

  • Would you get this issue fixed in your own home?
  • How urgent is it?
  • What could happen if I don’t fix it?
  • Is this a simple issue I could fix myself?
  • What type of professional should I call?
  • Can you estimate how much it would cost to make this repair?
  • How much longer would you expect this system/structure/appliance to last?
  • What maintenance steps would you recommend?

 

Don’t bother asking your inspector if you should buy the property, because he/she won’t be able to answer that question for you. Instead, use the information provided to make an informed decision. A skilled real estate agent can help you determine the best path.

 

 

MISTAKE 6: Expect a Perfect Report

 

Some buyers get scared off by a lengthy inspection report. But with around 1600 items on an inspector’s checklist, you shouldn’t be surprised if yours uncover a large number of deficiencies.4 The key is to understand which problems require simple fixes, and which ones will require extensive (and costly) repairs.

 

Your Flagstaff real estate agent can help you decide if and how to approach the sellers about making repairs or reducing the price. Whatever you do, try to focus on the major issues identified in the inspector’s report, and don’t expect the sellers to address every minor item on the list. They will be more receptive if they perceive your requests to be reasonable.

 

 

MISTAKE 7: Forgo Additional Testing

 

There are times when an agent or inspector will recommend bringing in a specialist to evaluate a potential issue.5 For example, they may suggest testing for mold or consulting with a roofing expert.

 

Some buyers get spooked by the possibility of a “red flag” and decide to jump ship. Or, in their haste to close or desire to save money, they choose to ignore the recommendation for additional testing altogether.

 

Don’t make these potentially costly mistakes. In some cases, the specialist will offer a free evaluation that takes minimal time to schedule. And if not, the small investment you make could provide you with peace of mind or save you a fortune in future repairs.

 

 

MISTAKE 8: Skip Re-inspection of Repairs

 

Most buyers request receipts to prove that repairs have been correctly completed. However, it’s always prudent to go a step further and have negotiated repairs re-evaluated by your inspector or another qualified professional, even if there’s an additional charge.6

 

While the majority of sellers are forthcoming, some will try to save money by cutting corners, hiring unlicensed technicians, or doing the work themselves. A re-inspection will help ensure the repairs are completed properly now, so you aren’t paying to redo them later.

 

To avoid having to go back to the sellers, be specific when requesting repairs. Identify the problem, how repairs should be completed, who should complete the work, and how the repairs will be verified.7

 

Some Flagstaff homebuyers prefer to avoid this step altogether by completing the work themselves. They either request that the seller fund the repairs or reduce the selling price accordingly. Whichever path you choose, protect yourself and your investment by ensuring the work is done properly.

 

 

WE CAN HELP

 

A home inspection can reduce your risk and save you money over the long-term. But to maximize its effectiveness, it must be done properly. Avoid these eight common home inspection mistakes to safeguard your investment.

 

While these are some of the most common missteps, there are countless others that can trip up home buyers, cost them time and money, and cause undue stress. Fortunately, we have the skills and experience to help you avoid the potential pitfalls.

If you’re in the market to buy a home in or near the Flagstaff area, we can help you navigate the inspection and all the other steps in the buying process … typically at no cost to you! Tap into our expertise to make the right decisions for your real estate purchase. Contact us today at 888.446.5602 to schedule a free consultation or email us at kelly.broaddus@exprealty.com.

Tap to call button.

 

 

Sources:

  1. Family Handyman -
    https://www.familyhandyman.com/tools/diy-home-inspection-tools/view-all/
  2. HGTV -
    https://www.hgtv.com/design/real-estate/finding-the-right-home-inspector
  3. The New York Times -
    https://www.nytimes.com/2018/03/23/realestate/home-inspection.html
  4. Realtor.com -
    https://www.realtor.com/advice/buy/what-does-a-home-inspector-look-for/
  5. Realty Times -
    https://realtytimes.com/advicefromagents/item/37369-top-5-biggest-home-inspection-mistakes
  6. Realtor.com -
    https://www.realtor.com/advice/buy/home-inspection-mistakes-buyers-should-avoid/
  7. Star Tribune -
    http://www.startribune.com/who-verifies-repairs-after-the-home-inspection/132844523/
  8.  

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Posted in Home BuyingTips
July 3, 2018

4366 E Coburn Dr Flagstaff, AZ 86004

Updated: August 6,2018

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

4366 E Coburn Dr Flagstaff AZ

Privacy & Seclusion In Impressive 4 Bed Elk Run Home
4 Beds | 2.5 Baths | $529,450

Privacy and seclusion are yours with this 4bd + den and 2.5 bath home with remodeled and upgraded kitchen and bathrooms. Enjoy stainless Thermador appliances. Travertine and beautiful hickory 3/4 inch wood floors. Tongue-and-groove ceilings in much of the home. His and hers master closets. Newer roof, skylights, and a high-efficiency furnace. Excellent family home with separate game room area and bonus room. Sunroom makes a lovely den that overlooks the large deck. Large lot (.34 acre) storage galore! Enjoy Continental Country Club amenities, tennis, golf, fitness room, and the kids will love the Bear Paw with pools, spa, basketball, games and mini golf. Great price per sq ft, make an appointment today!!

Photos and more information here:http://www.northernarizonafinehomes.com/property/174289/

Take a virtual tour: http://www.tourfactory.com/2023529

Location

4366 East Coburn Drive

Car-Dependent

Explore Elk Run

 

Attractions & Recreation

  • North Pole Experience -  Give the kids details about Santa and his workshop. Kids get to see Santa and help him makes toys. 
  • Lowell Observatory - Astronomical observatory where the planet Pluto was discovered. Great place to go if you want to enhance your knowledge about astronomy, time with the stars on the horizon explained, and a chance to look through the giant telescope.
  • Walnut Canyon National Monument - Cliff dwellings of the Sinagua Indians, built in alcoves in the sandstone walls of a deep, wooded canyon near Flagstaff. Located about 10 mi (16 km) southeast of downtown Flagstaff, Arizona, near Interstate 40. 

Dining Nearby

Nearby restaurants include Hunan Restaurant East, it's very family friendly if you have young ones with you. Offers delicious Chinese menu including hot & sour soup, shrimp chow mein, kung pao shrimp, and veggie mu shu and a lot more. You can also drop by at Mamma Luisa Italian Restaurante on Steves Blvd and try their Italian classics. The Northern Pines, it's very conveniently located at the intersection of the I-17 and I-40.        

Schools

Children in this community typically go to the following nearby schools:

  • Thomas M Knoles Elementary PK-5
  • Mount Elden Middle School 6-8
  • Coconino High School 9-12

Elk Run Neighborhood Information 

Visit the Elk Run area page to know more about homes in this area.

Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see this excellent family home in Elk Run or other houses for sale in Flagstaff.

 

Search for Homes in Flagstaff, Arizona

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July 2, 2018

9783 Colfax Rd Flagstaff, AZ 86004

Updated: 8/10/18

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Great Single-Level 3 Bed in Slayton Ranch
3 Beds | 2 Baths | $414,852

OPEN HOUSE SATURDAY, AUGUST 11 1-4PM!

Great home in a wonderful location! This single level Slayton Ranch Estates home is walking distance to Forest Service access, for horse enthusiasts, this is wonderful! Nearly completely remodeled, this home has energy efficient features such as passive solar heating for winter, it is over insulated with thermostatically controlled attic fans to reduce heat build-up in summer. Gas, water and electric average less than $167.00 a month! A new roof was installed July 2014, Has a privacy fenced backyard, property cross fencing, water purification system, and zoned radiant floor heating for this 3 bedroom 2 bathroom, 1674 sq ft home, don't miss out! Call today for your showing appointment!

 

COMPLETE KITCHEN REMODEL:

9783 Colfax Road, Flagstaff

  • New custom kitchen cabinets with pull out shelves, deep drawers, lazy Susan, kitchen handles
  • Brand new matching kitchen appliances 
  • New Corian counter tops, kitchen faucet and a deep kitchen sink 
  • New garbage disposal, Pullout garbage cans 
  • Extra wide counter in the kitchen to create a bar counter to sit at 
  • New kitchen lighting and fixtures 
  • Created a pantry 

Photos and more information here: http://www.northernarizonafinehomes.com/property/174326/

Take a virtual tour: http://www.tourfactory.com/2026950

FIREPLACE UPGRADE

9783 Colfax Road Flagstaff_livingroom with upgraded fireplace

  • Gas fireplace with custom rock and mantel 
  • Gas fireplace with blower 

 

OTHER UPDATES:

  • Changed all door handles and door hardware to bronze 
  • New bedroom closet doors (bedroom 2 and 3) 
  • New taller baseboard throughout the home 
  • New upgraded laminate wood flooring throughout 
  • New fresh paint throughout the home 
  • New Corian counters in both bathrooms 
  • New bathrooms sink in both bathrooms 
  • New bathroom faucets in both bathrooms

Location

9783 Colfax Road

Car-Dependent

Explore Slayton Ranch

 

Attractions & Recreation

  • North Pole Experience -  Give the kids details about Santa and his workshop. Kids get to see Santa and help him makes toys. 
  • Lowell Observatory - Astronomical observatory where the planet Pluto was discovered. Great place to go if you want to enhance your knowledge about astronomy, time with the stars on the horizon explained, and a chance to look through the giant telescope.
  • Walnut Canyon National Monument - Cliff dwellings of the Sinagua Indians, built in alcoves in the sandstone walls of a deep, wooded canyon near Flagstaff. Located about 10 mi (16 km) southeast of downtown Flagstaff, Arizona, near Interstate 40. 

Dining Nearby

Nearby restaurants include The Northern Pines, it's very conveniently located at the intersection of the I-17 and I-40. Another great place for drinks, dinner, and anything in between is at Agave Mexican Restaurant located on Historic Route 66 just east of downtown Flagstaff. Coco's Bakery Restaurant offers great menu choices of very fresh breakfast menus and many options to choose from. 

Schools

Children in this community typically go to the following nearby schools:

  • Sturgeon Cromer Elementary School PK-6
  • Sinagua Middle School 6-8
  • Coconino High School 9-12

 

Slayton Ranch Neighborhood Information 

 Visit the Slayton Ranch area page to know more about homes in this area.

Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see this Slayton Ranch Estates or other houses for sale in Flagstaff.

 

Search for Homes in Flagstaff, Arizona

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June 27, 2018

Best Flagstaff Open House This Weekend- June 30, 2018

Flagstaff AZ Real Estate Update Provided by The Kelly Broaddus Real Estate Advisors Team / by Joselyn Uy

Flagstaff Open House June 30, 2018

 

This Saturday, June 30th, we have 6 stunning open houses in Flagstaff area! These houses are top notch so come and visit! Please click on the picture or address to get more information. See the list below. Got questions about the house or the neighborhood? Want a private showing? Call Kelly at 888-446-5602. Check out this link for updates and more Flagstaff open houses this weekend: http://ow.ly/F0an30kHtxw

Saturday, June 30, 2018, Flagstaff Open Houses


 FOREST HIGHLANDS

2290 Tom McMillan Flagstaff, AZ 86001

2290 Tom Mcmillan, Flagstaff, AZ 86005

3 Beds | 2.5 Baths | 2,015 SqFt

OPEN: 1:00PM - 3:00PM

SPECIAL PRICE $499,850 THIS WEEKEND ONLY 

 

3696 Edward Beale, Flagstaff, AZ 86005

3696 Edward Beale, Flagstaff, AZ 86005

4 Beds | 4 Baths | 4,602 SqFt

OPEN: 1:00PM-3:00PM

 

 CONTINENTAL COUNTRY CLUB

 1861 N Edgewood Street, Flagstaff, AZ 86004

1861 N Edgewood Street, Flagstaff, AZ 86004

3 Beds | 4 Baths | 3,845 SqFt

OPEN: 11:00AM-3:00PM

 

4472 E Rustic Knolls Lane, Flagstaff, AZ 86004

4472 E Rustic Knolls Lane, Flagstaff, AZ 86004

4 Beds | 2 Baths | 2,300 SqFt

OPEN: 11:00AM-2:00PM

 

 AMBERWOOD

899 N Hulet Lane, Flagstaff, AZ 86004

899 N Hulet Lane, Flagstaff, AZ 86004

4 Beds | 2.5 Baths | 2,546 SqFt

OPEN: 11:00AM-2:00PM

 

 PRESIDIO

 2709 W Jaclyn Flagstaff, AZ

2709 W Jaclyn Drive, Flagstaff, AZ 86001

4 Beds | 2.5 Baths | 2,337 SqFt

OPEN: 11:00AM-2:00PM

 

 

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Kelly BroaddusKelly Broaddus is a top producing real estate Broker with eXp REalty offering real estate solutions to home buyers and sellers in Flagstaff, Sedona, and nearby areas. With over 20 years of combined mortgage and real estate sales experience under their belt, Kelly and her team are committed to providing buying clients a pleasurable, hassle-free, cutting edge and discreet experience. Home sellers will find superbly researched, up to date market data and a 3 tier marketing plan leveraging new technologies and tactics to sell homes fast & for top dollar.  Since relocating to Arizona in 2011, Kelly has garnered top awards and over 80 5-star reviews on Zillow as well as #4 top Realtor in the Flagstaff market. 

 
June 22, 2018

Flagstaff AZ Real Estate Market Update- May 2018

Flagstaff AZ Real Estate Market Data Provided by The Kelly Broaddus Real Estate Advisors Team / by Joselyn Uy

 May 2018 Flagstaff Home Sales

 

Flagstaff  Home Sales Brisk, Up 19%

 

US home sales backpedaled in May. The first home bought by Zillow through a real estate agent in Phoenix closed. If you haven't heard the news, Las Vegas, Orlando and Flagstaff's neighbor, Phoenix, were the testing grounds for Zillow's "Instant Offers", a direct buying program by the real estate website giant.  Meanwhile, here's what happened with Flagstaff real estate in May 2018.

FLAGSTAFF HOME SALES

After a cooling period in February, Flagstaff home sales rose for the third straight month according to data provided by the National Arizona Association of Realtors. The selling season is in full swing and home sales jumped 19% vs last month to it's highest level this 2018. There were a total of 111 sales which is up 9% from a year ago and the highest in May since 2004 when there were 117 and the median sales price was $238K. Expect a higher number this June.

FLAGSTAFF HOME PRICE

Median Home Price May 2018

The median sale price came in at $386K which is up 3% from last May. The all-time May record was set in 2007 when the median sale price hit $400K. That’s also the all-time price high for any month.  What’s interesting is that in May of 07 the average price paid per-square-foot was $212. This May it was $217.  

High demand and very short supply continue to drive up home prices. The supply of homes has been dropping for three years. While more homes came on the market this spring, they have been selling at the fastest pace on record, according to the National Association of Realtors.

DOWNLOAD THE FULL MARKET REPORT HERE

 

May 2018 Flagstaff Market Watch Summary 

 

2018 Flagstaff Real Estate Market Watch Total Home Sales-  111 homes, up 9% vs May 2017. 

Median Home Price-  $386,000 up 3% up vs May 2017

Mortgage rates up - A 30 year fixed rate mortgage with 5% down and very good credit dropped to 4.375% vs last month

Median days on market:  days

Longest days on market: 534 days, held the most expensive townhome sold in May 2018

CDOM The acronym CDOM (Cumulative Days on Market) is used by the Flagstaff MLS to describe how many days a property has been available for sale. A property has to be off the MLS for at least 90 days for the CDOM to restart, even if it is listed by a different agent. We report the average days on market for properties sold based on CDOM.

The number of days a home sits on the market can tell us a lot about pricing. A high CDOM is commonly a strong indicator that the home is overpriced. 

May 2018 HIGHLIGHTS 

Flagstaff Priciest Luxury Homes (SOLD)

  • $1,475,000 - The most expensive home sold last month is a million dollar home in Forest Highlands. Over 4,000 sqft of amazing construction and luxury finishes, views for the new owners to enjoy.
  • $1,115,953 Priciest townhome sold Million dollar townhome at the entrance of Elk Pass neighborhood in Pine Canyon, beside the 12th fairway of the Pine Canyon golf course. 

The most AFFORDABLE  Flagstaff Homes (SOLD)

  • Manufactured home - $185,000 - Located in the peaceful community of Mt Haven, northeast of the city of Flagstaff, this 3-bedroom manufactured home feature a fully fenced backyard, views of Mt Elden.
  • Single-family - $197,500 - Single level 2 bedroom near NAU, a short walk to downtown. Located in the Southside/Brannen neighborhood
  • Townhouse - $200,000 - 3 bedroom townhome with bonus loft, private patio and access to Forest Service located in Christmas Tree Estates
  • Condo - $125,000 - Second story one bedroom end unit at The Arbors (Woodlands Area)

 

Rising mortgage rates unlikely to put a damper on the real estate market

On Mortgage rates increase - Mark Fleming“Constrained home supply, persistent demand, very low unemployment and steady economic growth have given a jolt to the near-term outlook for U.S. housing prices. These conditions are overshadowing concerns that mortgage rate increases expected this year might quash the appetite of prospective homebuyers,” Terry Loeb, Pulsenomics.

“Higher interest rates are generally positive for home prices, despite decreasing affordability. There were only three periods of prolonged higher rates: in 1994, 2000, and the Taper Tantrum in 2013. In each period home price appreciation was robust, ” Urban Land Institute

Interest rates are likely to go up to 5% at the end of the year. Will this affect home buyer demand? Experts say no, higher rates will NOT kill the market.

 

Flagstaff Home Buyer Advice 

If you are a homeowner and you are planning to buy a home after you sell, now could be the perfect time to put your home on the market. Inventory of Flagstaff homes for sale in the lower price range has improved but not by much. Your house may sell for a competitive price, but you may also need a competitive offer to buy your next place.  We can help secure your dream home while you sell and figure out a move-out,  move-in timeline.   

Home Buying Tips Our home buyer's blog will help you plan and prepare for your successful home purchase and avoid headaches and surprises that may arise during the process.

Sign up for free to receive our updates about coming soon properties and homes for sale not listed on the MLS. 

 

Flagstaff Home Seller Advice 

Lawrence Yun May 2018 US Real Estate MarketAre home sellers finally ready to put their home on the market? Homebuyer demand continues to rise and continues to drive up home values. Affordable homes priced right are selling rapidly despite the increase in listing prices. We still have a shortage of affordable homes and a glut in supply of higher-end houses. 

Inventory continues to rise in the luxury & premium home markets which is causing prices to cool. What’s all this mean for you? If you are selling a luxury home, it may take a little more time to find the right buyers. US single-family luxury homes sold 9 days slower in May with median days on market at 40 days from 31 days in April. See the May 2018 Luxury Market Report.

Home Selling Tips Our blog for home sellers has tons of tips to help sell your home faster and add thousands of dollars to your bottom line. Check it out

 

SATISFIED CLIENTS SAY IT ALL. Check out our 5 Star Reviews. 

 

GET IN TOUCH

We are your Flagstaff home experts! Please contact us at 888.446.5602 or email kelly.broaddus@exprealty.com with any questions you might have about this report of the Flagstaff real estate market.  Contact Us

 

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 What is the value of your Flagstaff Home?

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 mARCH 2018 Flagstaff Market Statistics

 

 

June 20, 2018

Flagstaff Real Estate Relocation Guide: 7 Steps to a Seamless Move

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Real Estate Relocation Guide

 

Whatever your reasons are for relocating to a new area, the process can feel overwhelming.

Whether you’re moving across town or across the country, you’ll be changing more than your address. Besides a new house in Flagstaff, you may also be searching for new jobs, schools, doctors, restaurants, stores, service providers and more.

 

Of course, you’ll need to pack, make moving arrangements, and possibly sell your old home. With so much to do, you may be wondering: Where do I start?

 

In this guide, we outline seven steps to help you get prepared, get organized, and get settled in your new Flagstaff community. Our hope is to alleviate the hassle of relocating—so you can focus on the exciting adventure ahead!

 

 

1. Gather Information about Flagstaff

 

If you’re unfamiliar with your new area, start by doing some research.1 Look for data on average housing prices, demographics, school rankings and crime statistics. Search for maps that illustrate local geography, landmarks, public transportation routes and major interstates. If you’re moving across the country, research climate and seasonal weather patterns.

 

Check out local newspapers and blogs for information on political issues and developments that could impact your new community. You may also want to search for online forums and Facebook Groups relevant to your new area. These can be a great place to find information, ask questions and just observe local attitudes and outlooks.

 

If you’re relocating for a job, find out if your new employer offers any relocation assistance. Many large corporations have a designated human resource professional to assist employees with relocation efforts, while others may contract this service out to a third party. Some employers will also cover all or a portion of your relocation and moving costs.

 

By gathering this information up front, you’ll be better prepared to make informed decisions down the road.

 

Let us know if you’d like assistance with your information gathering process. We have a wealth of knowledge about Flagstaff and nearby areas, and we keep a number of reports and statistics on file in our office. We would be happy to share information and answer any questions you may have.

 

 

2. Identify Your Ideal Flagstaff Neighborhoods

 

Once you’ve sufficiently researched your new area, you can start to identify your ideal neighborhoods.

 

The first step is to prioritize your “needs” and “wants.” Consider factors such as budget; commute time; quality of schools; crime rate; walkability; access to public transportation; proximity to restaurants, shopping, and place of worship; and neighborhood vibe.

 

If possible, visit the area in person to get a feel for the community. If you’re comfortable, strike up conversations with local residents and ask about their experiences living in the area.

 

Still not sure which Flagstaff neighborhood is the best fit for you and your family? Contact us for expert assistance! We are local real estate agents. It’s usually the most efficient and effective way to narrow down your options.

 

We provide neighborhood assessments and advice as a free service if you’re relocating to Flagstaff. Or, if you’re moving out of town, we can refer you to a local agent who can help.

 

 

3. Find Your New Flagstaff Home (and Sell Your Old One)

 

Once you’ve narrowed down your list of preferred neighborhoods, it’s time to start looking for a home. If you haven’t already contacted a real estate agent, now is the time. They can search for current property listings that meet your needs, typically at no cost to you.

 

Create another list of “needs” and “wants,” but this time for your new home. Include your basic requirements for square footage, bedrooms, and bathrooms, but also think about what other factors are important to you and your family. An updated kitchen? A large backyard? Double sinks in the master bathroom?

 

Narrow your list down to your top 10 and prioritize them in order of importance.2 This will give you a good starting point to begin your home search. Unless you have an unlimited budget, don’t expect to find a home with everything on your list. But having a prioritized list can help you (and your agent) understand which home features are the most important, and which ones you may be willing to sacrifice.

 

If you already own a home, you’ll also need to start the process of selling it or renting it out. A real estate agent can help you evaluate your options based on current market conditions. He or she can also give you an idea of how much equity you have in your current home so you know how much you can afford to spend on your new one.

 

Your agent can also advise you on how to time your sale and purchase. While some buyers are able to qualify for and cover the costs of two concurrent mortgages, many are not. There are a number of options available, and a skilled agent can help you determine the best course given your circumstances.

 

We would love to assist you if you have plans to buy or sell a home in Flagstaff and nearby areas. Please contact us at 888.446.5602 to schedule a free consultation so we can discuss your unique needs and devise a custom plan to make your relocation as seamless as possible. If you’re relocating outside of Flagstaff, we can help you find a trusted agent in your new city.

 

 

4. Prepare for Your Departure

 

While everyone considers packing a fundamental part of moving, we often overlook the emotional preparation that needs to take place. If you have children, this can be especially important. Communicate the move in an age-appropriate way, and if possible take them on a tour of your new home and neighborhood. This can alleviate some of the mystery and apprehension around the move.4

 

Allow yourself plenty of time to pack up your belongings. Before you start, gather supplies, including boxes, tape, tissue paper and bubble wrap. Begin with non-essentials—such as off-season clothes or holiday decorations—and sort items into four categories: take, trash, sell and donate/give away.5

 

To make the unpacking process easier, be sure to label the top and sides of boxes with helpful information, including contents, room, and any special instructions. Keep a master inventory list so you can refer back to it if something goes missing.

 

If you will be using a moving company, start researching and pricing your options. To ensure an accurate estimate of your final cost, it’s best to have them conduct an in-person walkthrough. Make sure you’re working with a reputable company, and avoid paying a large deposit before your belongings are delivered.6

 

If you plan to drive to your new home, map out the route. And, if necessary, make arrangements for overnight accommodations along the way. If driving is not a good option, you may need to have your vehicles transported and make travel arrangements for you, your family and your pets.

 

Lastly, if you will be leaving friends or family behind, schedule final get-togethers before your departure. The last days before moving can be incredibly hectic, so make sure you block off some time in advance for proper goodbyes.

 

Looking for a reputable moving company? We are happy to provide referrals, as well as recommendations on where to procure packing supplies in our area.

 

 

5. Prepare for Your Arrival

 

To make your transition go smoothly, prepare for your arrival well before moving day. Depending on how long your belongings will take to arrive, you may need to arrange for temporary hotel accommodations. If you plan to move in directly, pack an “essentials box” with everything you’ll need for the first couple of nights in your new home, such as toiletries, toilet paper, towels, linens, pajamas, cell phone chargers, snacks, pet food and a change of clothes.7 This will keep you from searching through boxes after an exhausting day of moving.

 

Arrange in advance for your utilities to be turned on, especially essentials like water, electricity, and gas. (And while you’re at it, schedule a shut-off date for your current utilities.) Update your address on all accounts and subscriptions and arrange to have your mail forwarded through the postal service. If you have children, register them for their new school or daycare and arrange for the transfer of any necessary records.

 

You may want to have the house professionally cleaned before moving in. And if you plan to remodel, paint or install new flooring, it’s easier to have it done before you bring in all of your belongings.8 However, it’s not always feasible without someone you trust locally who can supervise. Another option is to keep a portion of your things in storage while you complete some of these projects. 

 

If there are no window treatments, you may need to install some (or at least put up temporary privacy film), especially in bedrooms and bathrooms. And if appliances are missing, consider purchasing them ahead of time and arranging for delivery and installation shortly after you arrive. Just be sure to check measurements and installation instructions carefully so you aren’t stuck with an appliance that doesn’t fit or that requires costly modifications to your new home.

 

If you own a car, check the requirements for a driver’s license and vehicle registration in your new area and contact your insurance company to update your policy.8 If you will rely on public transportation, research options, and schedules.

 

If you’re relocating to Flagstaff and nearby areas, we can help! We offer “VIP Relocation Assistance” to all of our buyer clients. Contact us for a list of preferred hotels, utility providers, housekeepers, contractors and more!

 

 

6. Get Settled In Your New Flagstaff Home

 

While staring at an endless pile of boxes can feel daunting, you should take advantage of this opportunity to make a fresh start. By creating a plan ahead of time, you can ensure your new house is thoughtfully laid out and well organized.

 

If you followed our suggestion to pack an “essentials box” (see Step 5), you should have easy access to everything you’ll need to get you through the first couple of nights in your new home. This will allow you some breathing room to unpack your remaining items in a deliberate manner, instead of rushing through the process.7

 

If you have young children, consider unpacking their rooms first. Seeing their familiar items can help them establish a sense of comfort and normalcy during a confusing time. Then move on to any items you use on a daily basis.10

 

Pets can also get overwhelmed by a new, unfamiliar space. Let them adjust to a single room first, which should include their favorite toys, treats, food and water bowl, and a litter box for cats. Once they seem comfortable, you can gradually introduce them to other rooms in the home.11

 

As you unpack, make a list of items that need to be purchased so you’re not making multiple trips to the store. Also, start a list of needed repairs and installations. If you have a home warranty, find out what’s covered and the process for filing a service order.

 

Although you may be eager to get everything unpacked, it’s important to take occasional breaks. Have some fun, relax and explore your new hometown!

 

Need help with unpacking, organizing or decorating your new home? Contact us for a list of recommended professionals in our area. And when you’re ready to start exploring local “hot spots,” we’d love to fill you in on our favorite restaurants, stores, parks and other attractions!

 

 

7. Get Involved In Your New Community

 

Studies show that moving can lead to feelings of loneliness and depression. People who have recently moved tend to be isolated socially, more stressed, and less likely to participate in exercise and hobbies. However, there are ways to combat these negative effects.12

 

First, get out and explore. In a 2016 study, recent movers were shown to spend less time on physical activities and more time on their computers, which has been proven to lead to feelings of depression and loneliness. Instead, get out of your house and investigate your new area. And if you travel by foot, you’ll gain the advantages of fresh air and exercise.12

 

Combat feelings of isolation by making an effort to meet people in your new community. Find a local interest group, take a class, join a place of worship or volunteer for a cause. Don’t wait for friends to come knocking on your door. Instead, go out and find them.

 

Finally, be a good neighbor. Make an effort to introduce yourself to your new neighbors, invite them over for coffee or dinner, and offer assistance when they need it. Once you’ve developed friendships and a support system within your new neighborhood, it will truly start to feel like home.

 

Want more ideas on how to get involved in your community? Contact us for a free copy of our report, “Welcome Home: 10 Tips to Turn Your Flagstaff Neighborhood Into a Hometown Haven.”

 

 

LET’S GET MOVING

 

While moving is never easy, these seven steps offer an action plan to get you started on your new adventure. To avoid getting overwhelmed, focus on one step at a time. And don’t hesitate to ask for help!

 

In a 2015 study, 61 percent of participants ranked moving at the top of their stress list, above divorce and starting a new job.13 But with a little preparation—and the right team of professionals to assist you—it is possible to have a positive relocation experience.

 

We specialize in assisting home buyers and sellers with a seamless and “less-stress” relocation. Along with our referral network of movers, handymen, housekeepers, decorators, contractors and other service providers, we can help take the hassle and headache out of your upcoming move. Give us a call at 888.446.5602 or message us to schedule a free, no-obligation consultation!

 

 

Sources:

  1. You Move Me -
    https://www.youmoveme.com/us/blog/105-tips-for-a-successful-relocation
  2. HouseLogic.com -
    https://www.houselogic.com/buy/house-hunting/must-have-items/
  3. Livestrong -
    https://www.livestrong.com/article/436651-the-effects-of-sunlight-fresh-air-on-the-body/
  4. Parents Magazine -
    https://www.parents.com/parenting/money/buy-a-house/make-moving-easier-on-you-and-your-kids/
  5. The Spruce -
    https://www.thespruce.com/starting-to-pack-for-your-move-2436470
  6. Moving.com -
    https://www.moving.com/tips/hiring-quality-movers/
  7. The Spruce -
    https://www.thespruce.com/unpack-your-entire-home-2435815
  8. HouseLogic.com -
    https://www.houselogic.com/buy/moving-in/before-you-move/
  9. HGTV -
    https://www.hgtv.com/design/real-estate/moving-checklist
  10. Moving.com -
    https://www.moving.com/tips/how-to-unpack-and-organize-your-house/
  11. ASPCA -
    https://www.aspca.org/pet-care/general-pet-care/moving-your-pet
  12. Psychology Today -
    https://www.psychologytoday.com/us/blog/is-where-you-belong/201607/why-youre-miserable-after-move
  13. The Daily Express -
    https://www.express.co.uk/news/uk/574171/Divorce-stressful-moving-home

 

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