Tuesday, October 6, 2020

Spruce up your Home Office or Workspace


Whether you work from home or have carved out a space for something you love like crafting, reading, or writing, your home office is a place that should inspire the flow of creativity and allow you to get down to business. But often, that's not the case. In fact, home offices can be the most neglected spaces in our homes. Now is the time to change that! With many of us working or even schooling children from home, you owe it to yourself to set up a proper office(or school) space. It's vital you have somewhere to concentrate that's separate from your home life — and is hopefully a nice space to spend time in.

To help you out on this rather specific front, we have pulled together some useful tips from experienced home-workers. Also keep in mind that having a home office can entitle you to certain tax breaks, so your investment can end up right back in your pocket. 


1. Choose the Right Space

Decide if your home office would be better off in another room. When you first started working from home, may have set up your home office in an obvious place: a spare bedroom, guest room or basement.

But there could be a better place. If you rarely use your dining room or formal living room, consider setting up shop in one of those rooms.

If you work from home full-time, you're going to be spending as much time in your office as you do in the rest of the house. Don't treat your working space as a second-class accommodation -- give it the importance it deserves. 


One important consideration is ensuring you can switch off when you're not working. For this reason, it's advisable you can shut the door on your office and "leave" work.

Watch out for a home office space that initially seems ideal but turns out to be too hot or too cold, too noisy or too quiet. Avoid moving your equipment, furniture and supplies several times by trying out your new home office space for one month.

That should give you enough time to decide if you’ve picked the right place to set up shop.


2. How About a Stand-Up Desk?

With the news in that sitting down all day will kill you, if you're creating your home office from scratch, why not consider a stand-up desk? 

A new office and working setup is the perfect time to make a dramatic change to how your work, and it might just save your life.


3. Consider Your Corners

If you're sticking with a traditional desk set-up, then think right angles; consider using an L-shaped arrangement because of the two work surfaces. 

Hide things you don't want to look at.

Modern offices have lots of cords. Run a power strip behind your desk and plug everything into that. As for office equipment? “I hate how printers look,” says my friend Charlie. “It depresses me when I see a printer.” 

So that can go in the closet. Just don’t try to skip owning a printer with copying and scanning capability. Having to run to a Office Max for basic functions can take a big chunk out of your day. 


4. You Deserve a Throne

Avoid using a backbreaking, pain-inducing, kitchen chair and replace it with an ergonomically correct office chair in a patterned or colored fabric.

We concur. Pain from bad working posture, and in worst case scenarios, repetitive strain injuries, are no joke.

Save money where you can, but spend as much as you can afford on a decent chair -- your back will thank you for it.


5. You Can't Have Too Much Storage Space

A cluttered workplace is depressing. Your best bet for having a clear desk and tidy working environment is to have a place for everything.

Add shelves above or next to your desk to gain more storage space and to reduce desktop clutter. You can use open shelves or a hutch that sits on your desk to increase your storage space.

A tall, four-shelf bookcase -- ideally with adjustable shelves -- can hold dozens of books and reference materials.

In addition to open shelving, consider solutions like attractive storage boxes for bits and bobs that would look messy out in the open.

Get creative with storage

Filing cabinets aren’t the most attractive pieces of furniture, but you do need a place to put papers you use frequently. The biggest issue with home offices is that you wind up having paper everywhere. If you’re the sort of person who needs to see something to remember it exists, try wall storage: magazine type racks, or children’s library-style display shelves.

If you need book cases, get nice ones–big enough that you don’t need to overstuff, and artful enough that they’ll look great as the backdrop in your video conferences. And if you’re using the guest bedroom? It probably has a closet. Trick out that closet with a shelving system, so you minimize the need for storage in the main office area.


6. Good Lighting Is Crucial

In addition to your space's existing lighting, do invest in additional sources of light to make your workspace brighter and more inviting.

Task lighting for your desk area is essential, and even a couple of smaller lamps for mood lighting will make a difference.

In addition to helping you avoid eye strain, light can improve your mood --- just think what a difference some cheerful lamps will make when the winter nights draw in.

Embrace Natural Light

When putting a new desk into a home office, a lot of people kind of reflexively put it right up against the wall in the darkest corner of the room. What they’ve inadvertently done is recreated the corporate cubicle. And who wants that? Move your desk close to the windows, but place it parallel to the panes. This ideal set-up gives you the happiness benefits of natural light, and a good reason to turn away from your computer every few minutes to take in the scene.

But don't forget the lamps

Even with great natural light, you’ll still need additional lighting for darker hours of the day. Most overhead house lighting is inadequate for work. It creates space with all the warmth of a hotel lobby. Try a few table lamps, which offer a nice soft glow and interesting design possibilities.


7. Think Tech

When you're setting up your space, don't underestimate how many sockets you'll need for your various tech items.

Just a PC, monitor, printer, phone and camera can soon see you juggling power spots. Invest in some decent, surge-protected extension leads that you can run around the room to where you need power most. Consider good-looking charging stations for smaller gadgetry that will still look attractive away from your main desk area. 

Also think about investing in a Wi-Fi printer, which can be kept further away from your computer.

Finally, don't let cable clutter ruin the aesthetic of your office. There are some really attractive solutions available that will keep your wires neat and tidy.


8. Don't Neglect Your Walls

Go for function, but don’t forget about style! It doesn't have to cost the earth to decorate your office. Visit thrift shops and flea markets for quirky, vintage pieces or indulge in some DIY creatvity. Etsy is a great source of fun and affordable art for your walls. If art isn't your thing, stick up a few light-hearted geeky posters or consider a series of text-based screenprints. A cheap pinboard can be made fun as well as functional.

Personalize thoughtfully

Putting photos of family on your desk or nearby is great, but when things don’t get changed around they become somewhat like wall paper. They cease to make us mindful. So rotate the photos, and include mementos of success, cartoons that make you laugh, even a scent that makes you happy–something you definitely can’t get away with in a cube.


9. Get Some Greenery

It's been proven that plants in the workplace can reduce stress levels and increase productivity.

Aside from these health benefits, plants are an inexpensive way to transform the look and feel of a room.

If you're not naturally green-fingered, then consider easy-to-care-for house plants, such as cacti, succulents, palms, ivy and heck, even a few spider plants will add a touch of nature to an office space.


10. It's Never Too Late For a Makeover

If you're reading this thinking that you'd like to improve your home office space, then why not just do it? It's never too late to start again with your home office design, layout and looks.

With a bit of hard work, some reorganization, a pot of paint, a few well-chosen accessories and one weekend, you could see your working space totally transformed.

It's easy to let things get stale and boring. If a change is as good as a break, a quick office makeover could be just what you need to reinvigorate your home-working life.




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What’s Your Home Actually Worth?

What’s Your Home Actually Worth?
Discover What Buyers Will Pay in Today’s Market

 

 

It’s easy to look up how much money you have in your savings account or the real-time value of your stock investments. But determining the dollar value of a home is trickier.

As a seller, knowing your home’s worth helps you price it correctly when you put it up for sale. If you price it too high, it may sit on the market. But price it too low and you may be losing out on a good chunk of money (nobody wants that!). For buyers, it’s important to know a home’s worth before you make an offer. You want your offer to be competitive, but you don’t want to overpay for the property.

Even if you’re not a buyer or seller right now, as a current homeowner you might just be curious about the value of your home. Keeping track of your home’s worth year over year helps you understand the trends in your market. So when you are ready to sell, you can take advantage of a good window of opportunity.

The good news is, a trained real estate agent—who understands the nuances of your particular neighborhood—can determine the true market value of your property … and at no cost to you!

THE THREE TYPES OF HOME VALUES

When you start the process of buying or selling a home, you’ll frequently hear the words appraised value, assessed value, and true market value. It’s important to know the difference between each one so you can make better, informed decisions.

Appraised Value

A professional appraiser is in charge of determining the appraised value of a home. These appraisals are typically required by a lender when a buyer is financing the property. And while the lender is the one requiring this information, the appraiser does not work for the lender. Your appraiser should be an objective, licensed professional who doesn’t have allegiance to the buyer, seller, or lender—no matter who is paying their fee.

The number the appraiser comes up with (the appraised value) assures the lender that the buyer is not overpaying for the property. For example, imagine a seller lists a home for $400,000. They reach a deal with the buyer to sell the home for $375,000. However, if an appraiser evaluates the property and determines that the appraised value is actually $325,000, then the lender will not lend for an amount higher than that appraised value of $325,000.

When figuring out this number, an appraiser will compare the property to similar homes in your neighborhood, and they’ll evaluate factors such as location, square footage, appliances, upgrades, improvements, and the interior and exterior of the home. 

Assessed Value

The assessed value of a home is determined by your local municipal property assessor. This value matters when your county calculates property taxes each year. The lower your assessed value, the less property tax you’ll pay.

To come up with this value, your assessor will evaluate what comparable homes in the neighborhood have sold for, the size of your home, age, overall condition, and any improvements or upgrades that have been made. However, most assessors don’t have full access to your home, so their information is limited.

Assessments are done annually to determine how much property tax you owe. Many counties use a multiplier (typically between 60%-80%) to calculate the final assessed value. So, if the assessor determines that the value of the home is $300,000, but the county uses a 70% multiplier, the assessed value of the home would be $210,000 for tax purposes.

If your assessed value isn’t as high as you envisioned, don’t sweat it. Many homeowners appeal their assessment in favor of a lower valuation so that they can save money on property taxes. If you’re interested in appealing your property tax assessment, let us know. We offer complimentary assistance and would be happy to help you build your case.

True Market Value

True market value is established by your real estate agent. It basically refers to the value that a buyer is willing to pay for the property. A good real estate agent is an expert in determining true market value because they have hands-on experience buying and selling properties. They understand the mindsets of buyers in your market and know what they’ll pay for a desirable house, townhouse, or condo.

As a seller, knowing your true market value is important because it helps you choose how much to list your property for. It can also help you decide if you want to make any improvements to your home before putting it on the market. Your agent can help you figure out which updates and upgrades will have the biggest impact on your true market value.

WHAT’S THE DEAL WITH ONLINE CALCULATORS?

When figuring out your home’s value, you might be tempted to see what popular real estate sites like Zillow, Redfin, and Trulia have to say. When you use an online calculator to determine your home’s value on these sites, it is just an estimate. It’s not an actual appraisal or the “true market value.” These sites all have their own algorithms for coming up with their estimates. For example, Zillow comes up with their “Zestimates” by calculating “public and user-submitted data, taking into account special features, location, and market conditions.” 

These online estimates can be a great starting point for opening up the conversation with your real estate agent about your home’s worth. But even Zillow recommends that you use a real estate agent for coming up with the actual market value of your home. The site says that once you get your “Zestimate,” you should still get “a comparative market analysis from a real estate agent.”

Having an agent involved in this process is essential because they understand the market better than a computer ever could. They’re showing property in your city every single day, and they know the particular preferences of buyers and sellers in the area. Young professionals, large families, empty nesters, and other groups are all looking for different things in a home. A local agent has most likely worked with all of them, so they understand what every segment in your market is specifically looking for.

HOW AN AGENT FINDS YOUR HOME’S TRUE MARKET VALUE

So, how does an actual real estate agent determine true market value? They’ll start by doing a comparative market analysis (CMA). This means they’ll compare your home’s features to similar properties in your area. For the CMA, the agent looks at the below factors to influence their assessment of your home’s worth:

 

      Neighborhood sales - Your agent will look at similar, recently sold homes in your neighborhood to see what they sold for and what they have in common with your house.

      The exterior - What does your home look like from the outside? Your agent will factor in curb appeal, the style of the house, the front and backyard, and anything else that impacts how the house looks to everyone walking and driving by.

      The interior - This is everything inside the walls of the house. Square footage, number of bedrooms and bathrooms, appliances, and more all influence the overall market value.

      Age of the home - Whether you have a newer or older home affects the number your agent comes up with as part of their assessment.

      Style of the home - The style of your home is important because buyers in different markets have different tastes. If buyers prefer ranch-style homes and you have one, then your home may sell for a premium (aka more money!).

      Market trends - Because a local agent has so much experience in your market, they have their finger on the pulse of your area’s trends and know what buyers are willing to pay for a property like yours.

      Location, location, location - This one’s probably the most obvious. Your agent will think about how popular the area is, how safe it is, and what schools are like.

A computer algorithm simply can’t take all of these factors into account when calculating the value of your home. The reality is, nothing beats the accuracy of a real estate agent or professional appraiser when it comes to determining a home’s true market value.




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