gmhTODAY 08 gmhToday May June 2016 - Page 41

Low-Maintenance Features that Attract Millennial Buyers T The millennial buyers today generally want energy effi cient and low maintenance homes. The Smart Home has answered that call for low maintenance living. Beyond that there are a few things sellers can do when replacing items in the home or purchasing a new home that fall into the same category. • If you can buy a brick home there is hardly any maintenance unlike a wood or vinyl sided home that can have wood rot, color fading or peeling paint and vinyl. • Low maintenance metal roofi ng is one of the most durable roofi ng materials on the market. If installed correctly they do not absorb water which reduces risk of damage from the elements and lessening the potential for costly repairs. • Low maintenance features inside the home are very practical especially in the kitchen. Some of the least fussy fi nishes are black stainless steel and quartz. The black stainless steel reduces smudges. It has a matte fi nish and resists smudges and cleaning efforts. Quartz counters have a non-porous and stain and scratch resistant fi nish that does not require deep cleaning or sealing like many other countertop choices. • Wall paint can also be low-maintenance by choosing the right fi nish for the room. Satin paint is easy to clean and is great in kitchens and bathrooms and also on stair rails and banisters.. A semi-gloss paint is ideal for baseboards or moldings. The very important thing when picking paint is to not buy the cheapest paint. A more expensive paint will usually cover better and be easier to maintain. Remodeling can affect your insurance Be sure to consider checking your Homeowners Insurance after you do any major remodeling. You will need to be properly covered in case of a fi re or natural disaster that is covered by insurance. If you buy a fixer home and you remodel the kitchen with high end appliances and counters your coverage may not be high enough to cover those in the event of a disaster. You may receive a discount on your insurance by replacing your roof since it is one of the largest factors in insurance coverage and can bear the brunt of many kinds of storms including wind. Homeowner’s policy limits may need to be raised if you add square footage to your home. The insurance you paid when purchasing the home was based on the square footage at the time of purchase. The Insurance company will usually only give you the coverage for the square footage that was quoted at the time of purchase. It is the same if you finish a basement. If coverage has not been added you may not be covered for any type of water intrusion on your improvements. Quick Stats Local Trends Single Family Residential in Morgan Hill Active Homes Sold Days On Market Sale To List Ratio JANUARY 85 24 39 99.5% FEBRUARY 64 21 37 99.3% MARCH 53 36 26 100% Teri Nelson, Realtor Intero Real Estate Services 408.425.5200 BRE#00858151 41