This year we’ve seen several major trends rock the real estate market here in Portland, and for the next week we’ll be looking back at the big real estate trends and concepts that have made 2011 a great year for the McDonald Group Portland Real Estate experts. Next up, the trend of renovating fixer-uppers with potential into eco-friendly dream homes.
We often hear about people buying low-priced homes in need of a lot of work with the idea that they’ll fix them up and greatly increase their value. This is a great idea–IF you can keep the cost of your renovation under control. Budgeting your renovation to maximize your return on your real estate investment is vital, and is the best way to take advantage of the buyers market we’re currently witnessing in the Portland metro area.
Never has it been easier to make smart renovations in the Portland area. One of my favorite posts on the McDonald Group Real Estate Blog linked to this Lowe’s commercial, called Don’t Stop Improving. You’ve got to check it out, it tells the happy story of a couple’s home renovations (and dancing) over the course of their life. From first apartments to first homes to expansions to retirement, this sweet commercial brought a tear to my eye. It reminds us here at the McDonald Group real estate offices why we do what we do–bringing people to the homes that will be a part of their life story.
If you’re looking for homes, apartments, or other real estate in Portland or Portland Suburbs that you can outfit with other renovations, check out our extensive list of Portland Real Estate Neighborhood guides. Many renovations are eco-friendly updates, and Portland real estate agents are focusing more and more on the potential energy benefits of the homes they are representing. If you need tips on how to make the most of your home’s energy uses in order to successfully sell your property, or if you’re looking for a Portland home that has been remodeled for smart energy use and sustainability, contact the McDonald Group Real Estate agents today.
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