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Sarah Jones | Park 27 Blog

Tuesday, November 19, 2024   /   by Sarah Jones

Buying An Apartment Abroad

Buying an Apartment in Italy





















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The latest news from The Chris Small Group...






















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Buying an Apartment in Italy
 
So how did I come to own a second home in Central Italy? It's easier than you might think!

When friends and clients find out that I own an apartment in the heart of the city, the first reaction is usually, "Wow, how did you do that?". Once I f ...

Thursday, November 7, 2024   /   by Sarah Jones

The Institute of Luxury Home Marketing

The Institute of Luxury Home Marketing



















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The Institute of Luxury Home Marketing
In my last newsletter, I spoke about REALM Global Network and what makes it such an incredible organization and how it can benefit my clients. In case you missed it, REALM provides me and my team with fantastic, cutting-edge information and the ability to learn from my peers who live and work all over the world. In addition to REALM, I am a member of the Institute of Luxury Home Ma ...

Thursday, November 7, 2024   /   by Sarah Jones

Myth vs reality - improvements = value increase

Myth vs reality - improvements = value increase




















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Myth vs. Reality: All Improvements and Repairs Increase the Value of Your Home
 
Here's the reality:

Return on Investment (ROI) Varies: Not all improvements and repairs yield a significant return on investment. While some renovations like kitchen upgrades or adding a bathroom can increase value, others may not add as much value as expected. The ROI depends on various factors including the local real estate market, the quality of the renovation, and current trends.

Over-Improvement Risk: Over- ...

Wednesday, November 6, 2024   /   by Sarah Jones

Overpricing A Property

Overpricing A Property


















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Overpricing a Property
Overpricing your home when selling it can have several negative consequences:

Limited Interest: Potential buyers may be deterred by the high price, reducing the pool of interested parties. This can lead to your property staying on the market for longer periods, which can be both financially and emotionally taxing.

Appraisal Challenges: If the asking price is significantly higher than the market value, it may not appraise a ...
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