Michael Klacik's blog

Top Qualities for Attracting Young Home Buyers

If you're looking to sell your home, then you probably want to appeal to Generation Y. Gen Y, also called millennials, are those born between 1980 and 2000, and they now represent the second largest (and still growing) home buyer segment behind only Generation X. While their parents may have wanted a compartmentalized, suburban home with cable, millennials have different qualities in mind when shopping for a house, according to a new article by Bankrate.com. 

Youngstown Residential Developments Featured in The New York Times

Who wants to live in Downtown Youngstown?  Quite a few people . . . from YSU students and staff, to young business professionals, to retirees . . . all attracted to the urban lifestyle and convenience afforded by living in the entertainment district of Youngstown.

Residents have a choice of many great restaurants, lots of live entertainment, and cultural experiences all within walking distance of their apartment or condo.  According to statistics compiled by the Youngstown/Warren Regional Chamber, 6,000 people work in Youngstown's central business district, and approximately 1,000 people are expected to be living downtown by the end of the year.

The remakes of the old historic buildings are amazing.  For instance, the Erie Terminal Place ground floor offers an art gallery, brew pub and a cookie shop with 40 apartments upstairs. Amenities include on-site parking, a fitness center, social lounge, outdoor grills and wireless Internet.  The Wick Tower, now undergoing renovation, will feature 32 fully furnished up-scale modern apartments with a first-floor deli/cafe.

To read the full article:  http://mobile.nytimes.com/2015/05/27/realestate/commercial/youngstown-ohio-reinvents-its-downtown.html?referrer

Top Home Replacements for Return on Investment

According to the 2015 Remodeling Cost vs. Value Report, there are several main things to consider when looking to remodel your home before selling. Perhaps most importantly, simpler projects tend to yield the largest recoup of price. Replacing the entry door ranked number one in terms of cost recouped, at nearly 102%. Other replacements, such as garage door and window, also recouped over 100% of value in some markets.

Overall, the report shows a trend of smaller replacements yielding better results than expensive remodels. Also, the best replacements are the ones which contribute to a potential buyer's first impression of the house. This includes the entry door and windows, as well as siding. Only the minor kitchen remodel makes the top 10 in terms of cost recouped. Find more details by following the link below!

2015 Remodeling Cost vs. Value: Less Is More