Renovations That Pay!


According to RISMedia housecall not all home renovations are equal!  ROI or return on investment is different for every upgrade or renovation that you might consider.  This is especially important if you are considering doing this to make your home more appealing.

Prospective buyers will usually focus on the kitchen and the bathrooms.  A kitchen that is budgeted for 6 to 10 percent of the total home value will get you the highest ROI.  This makes the kitchen the best room in the house to make ready for selling your home.

These are the top 5 projects in priority for receiving the best return on investment.  They are as follows:

  • Replace the Front Door
  • Install a New Fireplace
  • Remodel the Kitchen
  • Convert the Attic Into a Bedroom
  • Replace the Exterior Siding

If you are interested in the simplest and most inexpensive renovation ideas, focus on these.

  • Fix All Windows and Doors
  • Wash Down and Paint Walls
  • Update Lighting Fixtures
  • Replace Worn and Old Carpets

Prepare Your Home for Winter!

Yes winter is upon us and there is no time to waste!  You need to prepare your home for whatever Mother Nature decides to throw at us!  Here are important things to do to protect your home.

Inspect windows and doors for cracks.  Seal all openings with caulk or weatherstripping.  This is important to protect against water and air.

How about your insulation?  It tends to settle and you need to have someone inspect to make sure you have enough to properly insulate your home and keep those utility bills as low as possible!

Smoke alarms and carbon monoxide alarms need to have new batteries for your protection.

Taken a look at your fireplace.  See any loose mortar or missing bricks?  If it is prefabricated, look for cracks in the firebox.  Also make sure your screen is sufficient to protect against loose embers or sparks.

Had a roof inspection lately?  Should have your roof inspected at lease once a year for damage or decay to vent boots or loose or missing shingles.

Winterize your outdoor spigots and store your hoses.

Gutters need attention too and make sure they are clean.

Check your foundation for any changes and washing that could affect the stability of your home.

Keep your HVAC unit(s) working properly by having them serviced twice annually and have the duct work inspected as well.  Change filters monthly.

Set the thermostats slightly lower when going to work or sleep.

Dirt Cheap Home Staging Ideas!

According to an article in RIS Media’s Content Solutions, staging you home should not cost an arm and a leg!  While HGTV says $2,000.00 is a good number, you can accomplish the same effect for far less.  Here are the five ideas suggested in the article.

  1. Pack Away Personal Items

Packing away personal items is one of the simplest — and cheapest — things you can do to sell your house or condo quickly.  The main reason is to allow the buyers to view it as their potential home. Pictures are extremely distracting and potential buyers will stop and stare at people just to see if they know anyone.

In addition to attracting buyers, you want the buyer’s agent to enjoy showing the home because even if this particular buyer isn’t interested, the agent might represent someone who would be a good match.

The cost: $2 to $3 for a roll of packaging tape. You already have the scissors on hand and you can often score the boxes for free from a neighborhood store.

  1. Clear Clutter

Clearing clutter is the hardest thing for most people to do because you are emotionally attached to everything in the house.

Most homeowners are amazed at how much clutter they have after living in a home for a number of years. However, it does affect the way buyers see the home, even if you do not realize it. Clutter collects on shelves and countertops, and in drawers, closets, garages, attics and basements, etc.

Remove items from countertops in the kitchen and bathrooms. Put things in boxes and neatly stacking them in the corner of the garage. Anything extra should go in a small, rented storage unit.

Pack up 90% of your home!

The cost: The price of a storage unit varies (around $45 a month for a 5-by-5-foot unit).

  1. Rearrange and Neutralize

Rearrange the rooms in your home to reel in prospective buyers. Make sure each room has a distinct, useful purpose.

Not sure how!  Tour builders’ models to see how the rooms are furnished.

Remember builders are experts on preparing their product for prospective buyers.

Also closets should be neat and organized. And get rid of things you haven’t worn in years.

If your home has been painted recently, consider yourself ahead of the game. If not, take a paintbrush to the rooms that need it most. Sellers who paint the interior of their home will see a large return on the investment.

There is nothing like neutral paint on the walls, trim and doors and it’s worth its weight in gold and gives the appearance of a clean and new home.

The cost: Anywhere from $12 to $50 per gallon for paint, plus another $10 to $50 for other painting supplies (primer, brushes, dropcloths, etc.)

  1. Scrub and Deodorize

Make sure your house or condo shines from top to bottom.

Cleaning and deodorizing a home before every showing is a must!

The goal is to help buyers imagine themselves living in the home.

If buyers see an unkempt home or smell something when they first walk in, they become turned off immediately. It spoils that first impression.

Have the house professionally cleaned so that everything is spotless — windows, sliding glass door tracks, garage, basement, ceiling fans, etc.

Bake something in the oven such as cookies or a pie, bringing cinnamon sticks to a slow boil in a pot of water or using air freshener to mask smells before each showing. Ridding the home of litter boxes is also a must.

The cost: Varies by the location and size of the home, but typically less than $100 to clean a 4-bedroom, 2,500-square-foot home. Cookie dough runs about $3.

  1. Enhance Curb Appeal

Whatever you do, do not overlook the home’s exterior when selling.

Curb appeal is the buyer’s first impression of your home.

And remember, you only have one chance to make a first impression.

Mow the lawn, make sure the sidewalk and driveway are free of clutter and debris, and ensure the house number is easily visible.

It may also be beneficial to pressure-clean the exterior of your home, driveway and sidewalk, if needed.

Another valuable low-cost solution is to use mulch or pinestraw.

It makes everything look trim and neat.

The cost: Mulch costs around $3 per bag and pinestraw around $5 per bale. The cost of renting a pressure washer varies, but you may be able to get one from a local hardware store for around $50 per day. It may cost double that to purchase a pressure washer.

Considering Buying a Newly Built Home?


Are you considering purchasing a new home in 2016? Did you know that in one of the fastest growing areas of the midlands there are nearly 300 new homes for sale? Have you considered how you will decide from so many homes which one will be right for you? Do you know which new homes are of the highest quality? If you have visited any of the new communities in the West Columbia, Lexington, Irmo, Chapin and Blythewood areas you have probably viewed the community and the homes under construction and that is a great first step. The question for you is who will represent your interests? Who will assist you in the home buying process and have your best interests in mind as you choose the right home for the right price. The M&R team has the answer for you. Our clients tell us the reason they chose us to assist them in buying their new home is the more than forty years we have been in business. During that time, we have developed a reputation as a company you can trust with a team of knowledgeable consultants that provide good advice and the ability to complete the sale. We will take the time to understand your needs. Also the steps we go through in the very beginning to make sure you are prepared and ready to purchase the home you have been dreaming about! That preparation includes understanding your lifestyle and future plans and how that will influence the community and home you will choose. At no cost to you, we will act as your representative and consultant in the new home buying process. We will take the time to assist you in choosing the right home for you. You will have access to each member of our team with over 40 years of experience in assisting new home buyers. This includes home inspectors and a licensed builder who can answer your questions and advise you all through the new home buying process. If you are planning on purchasing a new home, call me Gene Brazzell at 803-206-4616 or contact me on the web at and let me assist you in one of the most important purchases of your life, your new dream home. Let the M&R Realty Team with over 40 years of experience, serve your new home buying needs!

M&R Realty Best Realtor in Lexington SC West Columbia 2

Move In by Christmas!

If you want to move in before Christmas, better hurry to this renovated home on The Avenues only two blocks from Krispy Kreme and three blocks from Zesto’s.  This Avenues bungalow has been renovated with updates with an open floor plan!  The living room has a fireplace and hardwood flooring  that opens into a dining room which has open access to a new kitchen.  The kitchen has new flooring, new cabinets, new countertops, new appliances, new water heater and light fixtures.  The laundry room is just off the kitchen and has new flooring and cabinets.  The tile bathroom has been renovated to include new vanity, mirror, fixtures and a new tile floor.  The bedrooms have good closet space, hardwood floors, fresh paint, new hardware and doors and the master bedroom has a walk in closet.  The fenced rear yard is spacious.  This home is convenient to downtown Columbia, USC, Vista, Riverwalk, Zoological Garden, interstates, dining shopping, medical, etc.  and did I mention just two blocks from Krispy Kreme!

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Apple, Apple Burning Bright. To Get to You I Have to Drive All Night.

If you need service for your Apple device, there’s an Apple store for that in Greenville; there’s an Apple store for that in Charleston; and there’s an Apple store for that in Augusta.  But, if you live in Columbia or the midlands of South Carolina, there is no Apple store; at least not yet.  Rumors are swirling that there could be an Apple store in Columbia in the near future.  What could be taking Apple so long?

According to the 2012 Census Bureau information, Columbia has a population of over 131,000 people, Charleston has a population of over 125,000 people (not counting tourists), Greenville has a population of over 60,000 people (not counting the surrounding areas of Anderson and Spartanburg) and Augusta has a population of over 197,000 people.  These figures may not include the outlying areas but you get the idea. Apple is missing out on a lot of business in Columbia and Apple customers are driving a lot of miles when they need service for their Apple products. Columbia with its growing population and the University of South Carolina student population has a lot of Apple users and certainly should have rated having an Apple store long before now.  If you are like me, you have had to drive to an Apple store to get service for your Apple iPhone, iPad, etc.  The closest location for an Apple store would be Augusta.  Been there twice.  Hope I don’t need to go to the Apple store again but if you or I do, hope the next visit to an Apple store is in Columbia.

Does this look like a Chic-fil-A?

My first memory of Chic-fil-A in the Columbia area was at Dutch Square Mall near the current AMC theaters.  The Chic-fil-A was in a food court area and was usually busy selling their staple of Chic-fil-A sandwiches, waffle fries, nuggets, brownies; oh well you know what they serve.  There are at least seven Chic-fil-A’s in the greater Columbia area and they really stay busy.  Is there room for one more?  There appears to be a new one under construction at the busy and growing intersection of I-20 and US Hwy. 378.  next to the Wingate Hotel on Saluda Pointe Ct.  It should do well as there is a significant amount of traffic daily in this area.  Not to mention three new schools nearby and the probability of more businesses and homes in the coming years.  So remember when you are stuck in traffic in this area, you can at least enjoy a Chic-fil-A sandwich.

FHA Retreats from the Mortgage Market reports that the Federal Housing Administration will begin to reduce its market share beginning in January, 2014.  FHA will do this by lowering its maximum loan limits in most housing markets, thereby forcing higher end buyers to move to private sources.  Approximaely 650 counties across the country will be affected by these lower limits.

For 79 years the mission of the Federal Housing Administration was to help limited resource buyers to become homeowners.  This has been done by requiring lower down payments and less stringent credit standards the result of which was to make FHA the primary source of lending for first-time homebuyers.

After the mortgage meltdown, FHA took the place of private lenders who left the risky market.  Loan limits were raised by the Economic Stimulus Act of 2008 to provide emergency measures to make sure mortgage credit was widely available during this time of declining lending by private lenders.  Fewer private lenders meant FHA grew its share  to one-third of all home loans in 2012.

This action will help FHA get back on solid financial footing.  Since FHA was responsible for a large portion of the loans made in the beginning years of the Great Recession.  Many of these loans went bad and the result was a significant financial loss.  In order to dig out, FHA repeatedly raised its insurance premiums in the ensuing years to increase its reserves.

This action has those in favor who say that private capital has returned to the mortgage markets and FHA now has a lesser role to play and the result will be a lesser burden to the taxpayers.  Those who are concerned about this withdrawal believe the strength of the housing market is still in question due to the decline in pending home sales for the past five months.  In addition, mortgage applications have declined for the past five straight weeks.  At the same time rates and prices are rising faster than the growth of individual income.