Ep 53: Home Upgrade Trends

We'll examine some recent real estate headlines about national home upgrade trends. Colleen will examine how much those headlines apply to the Oregon real estate market

On This Episode:

[0:43] – Headline: The 10 upgrades homeowners say you “must” do before selling. Agree or disagree with the list?

[4:23] – Landscaping is definitely a recommended upgrade in a lot of situations. Colleen also has a great list of preferred vendors who can help with necessary home improvements.

[4:57] – Headline: The true cost of proximity. The premium you pay for a home with close proximity to amenities is really high. The national average is almost 25% higher pricing for homes with great proximity & walkability.

[5:48] – Colleen says the Pacific Northwest is even higher than the national average based on her experience.

[7:58] – Headline: Buyers are taking their time. Lots of buyers are taking more than 3 months to buy a home.

Colleen Quotes:

“On average, we show 7 to 10 homes before a buyer chooses one. After 20 you’ve really exhausted all the available homes in the inventory. So then we need to go back to your wants & must-haves list.” – Keeping It Real Estate Podcast

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Show Host

Colleen Benson

Colleen is a licensed Principal Broker in the State of Oregon. She has more than 20 years of experience as a Realtor and has helped build the top Keller Williams team in Salem. Her tremendous team now serves buyers and sellers throughout the Willammette Valley and the Oregon coast. She is the host of the Keeping It Real Estate radio show on 104.3 FM KSLM. The show plays Saturdays and Sundays at 1pm and has been on the air since January of 2019. Don't hesitate to reach out to Colleen if you have any questions about buying or selling real estate in the area!​

Helpful Resources

Home Selling Guide

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