Category Archives: Home Sellers

Weekend Plans?

When you visit our models at Heritage Hill this weekend you may register for a chance to win a Weber gas grill! 

Wolcott Fair form for blog_fb

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

We’d like to invite you to visit our models at Heritage Hill In Wolcott on your way to the Wolcott Country Fair this weekend. We’re on Constitution Drive…just down from the fairgrounds off of Wolcott Road, (Rte. 69) – you can’t miss us! Conveniently located in close proximity to shopping, restaurants and major highways, Heritage Hill is a quiet little haven in the heart of it all. Best of all, Heritage Hill offers incredible value and opportunity for buyers of all ages to buy a brand new home with prices starting at just $259,900!

To enter our drawing for a chance to win a Weber gas grill, simply print & complete this registration form, pick one up at our
booth at the fair or fill one out when you visit our model home
during our special weekend open house.* It’s that simple!
(And we’ll even give you a nice thank you gift just for stopping by!)
 
 
*Special Open House Hours

Saturday, August 16th from 10 AM to 4 PM
Sunday, August 17th from 10 AM to 4 PM

Dir:  Wolcott Rd. (Rte. 69) to Constitution Dr.

P.S.  Buy a new home at Heritage Hill this year, and walk to the fair next year!!!

Calcagni New Agent Spotlight: Jim Bulger

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent JIM BULGER to the company’s Cheshire office.

James Bulger Calcagni Associates Real Estate

Jim Bulger, REALTOR

Jim is a full time REALTOR who specializes in seller and buyer representation, assisting first-time homebuyers, new construction, and rentals. He is a member of the Greater New Haven Association of Realtors, Connecticut Association of Realtors, and National Association of Realtors. “We’re thrilled to have Jim join our team,” said Steven Calcagni, “He is a great addition to our Cheshire office.”

Jim is a proud to call Cheshire home, where he lives with his wife and two kids, and recently retired from a long and successful career as a correctional officer for the state of Connecticut. He is very excited to begin his career in real estate, utilizing the tools and the supportive work environment which Calcagni Real Estate offers.

Jim is available to serve all your real estate needs throughout the Central Connecticut area and beyond. He may be reached at Calcagni Real Estate’s office located at 330 South Main Street, by calling (203) 272-1821 Ext. 334 or 203-228-3461 or by visiting: http://www.calcagni.com/JimBulger

How Landscaping Can Impact Your Home’s Value

Landscape

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, advises homeowners to properly maintain their landscaping, which can significantly affect property values.

“If a landscaping change is positive, it can often enhance price and reduce a home’s time on the market,” said Appraisal Institute President Richard L. Borges II, MAI, SRA. “But if the change is negative, it can lower the price and lengthen the time a home remains for sale.”

Curb appeal is essential when selling a home, Borges said, noting it’s the homeowner’s opportunity to make a great first impression. A home with lackluster landscaping or an exterior in desperate need of a fresh coat of paint will likely be unappealing to prospective buyers and ultimately could affect the home’s potential resale value, he said.

Landscaping is typically associated with lawns, trees, bushes and flowers. But other items also can be considered part of landscaping, such as fire pits, decks, patios, waterfalls, swimming pools and outdoor lighting, all of which could add to the value of the home.

Borges added that homeowners should trim growth regularly, replant approximately every 5 to 10 years depending on growth and not “overwhelm” the house. He also advised that homeowners check out what their neighbors have done and keep landscaping maintenance and improvements on par with neighborhood norms.

According to the International Association of Certified Home Inspectors, trees that are too close to buildings may be fire hazards. Additionally, larger tree root systems that extend underneath a house can cause foundation uplift and can leech water from the soil beneath foundations, causing the structures to settle and sink unevenly.

According to a recent study conducted by Lawn & Landscape magazine, about two-thirds of homeowners say they’ll get less than 60 percent of their landscaping investment back when they sell the home.

“Landscaping improvements could make an impact on resale value, and homeowners need to consider how long they’ll be in the home and whether to make short-term updates or plan for the long haul,” Borges said.

Borges said homeowners should ask themselves the following questions when it comes to the quality of their home’s green space:

• Is the landscaping attractive enough to make the prospective buyer walk through the front door? Keep the design contemporary and in line with comparable properties in the area.
• Could the landscaping provide cost savings? Landscaping that requires little or no water to maintain could be desirable depending on the geographic area.
• Is the landscaping energy-efficient for the home overall? For example, it’s a good idea to plant trees in a place where they block the sun in locations with year-round hot climates.
• Are the trees planted at a safe distance from the home and are they healthy and well maintained? Weak, old or damaged trees planted too close to a home or building could pose dangers to the home’s structure and will need to be removed. Consumers should also be sure that mulching or beds don’t get too close to wood around foundations to avoid wood-destroying organisms.

For more information on your home’s value, please contact one of our real estate experts at www.calcagni.com

Source: Appraisal Institute

Reprinted with permission from RISMedia. ©2014. All rights reserved.

Home Selling 101: Capital Gains

for sale

For those who sold their home this year, it’s important to understand how selling your home may impact your tax returns, now that tax season is upon us.  The following information explains how capital gains work for those who have recently sold a home.

If you sell your primary residence, you may be able to exclude up to $250,000 of gain – $500,000 for married couples – from your federal tax return. To claim the exclusion, the IRS says your home must have been owned by you and used as your main home for a period of at least two out of the five years prior to its sale.

There are a few catches: You also must not have excluded gain on another home sold during the two years before the current sale. However, special rules apply for members of the armed, uniformed and foreign services and their families in calculating the 5-year period.

If you do not meet the ownership and use tests, you may use a reduced maximum exclusion amount. But only if you sold your home due to health, a change in place of employment, or unforeseen circumstances.

An extra perk? If you can exclude all the gain from the sale of your home, you do not report it on your federal tax return. If you cannot exclude all the gain, or you choose not to, you must use Schedule D of Form 1040, Capital Gains or Losses, to report the total gain and claim the exclusion you qualify for.

How about for those with more than one home?

You can exclude the gain only from the sale of your main residence. You must pay tax on the gain from selling any other home. If you have two homes and live in both of them, your main home is usually the one you live in most often.

For more information on the home selling process, contact one of our real estate professionals at http://www.calcagni.com

Reprinted with permission from RISMedia. ©2014. All rights reserved.

Calcagni New Agent Spotlight: Donna Myjak

DonnaMyjak, Calcagni Associates Real Estate

DONNA MYJAK, REALTOR

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent Donna Myjak to the company’s Southington office.

Donna is a full time REALTOR who specializes in seller and buyer representation, assisting first-time home buyers, new construction, property management and rentals. She is a member of the Midstate Association of Realtors, Connecticut Association of Realtors, and National Association of Realtors.  “Donna is committed to providing professional and personal service to all of her clients. She is a wonderful addition to our growing Southington office,” said Steven Calcagni.

Donna lived in Southington for 13 years prior to moving to Cheshire, where she currently lives. She is very excited to expand her career in real estate, utilizing the tools and the supportive work environment which Calcagni Real Estate offers.  Donna has been involved in many facets of the real estate business, having worked in her family business for over 25 years, dealing with new home construction, property management and rentals.

Donna is available to serve all your real estate needs throughout the Central Connecticut area and beyond and may be reached at Calcagni Real Estate’s office located at 630 Main Street, Plantsville, by calling (860) 860-621-1821 Ext. 523, her cell 860-620-3300 or by visiting:  http://www.calcagni.com/DonnaMyjak

It’s 2014 – What’s Your Real Estate Resolution?

New Year

Everyone makes resolutions around this time every year – from taking up a long-delayed painting project, to finally remodeling that kitchen, or finally making up your mind about packing up and selling the place.

The web is full of real estate resolutions, so as we ease into the New Year, we’ll present a punch list of the best of these 2014 pledges:

Purge – Get rid of stuff you don’t want buyers to see and stuff you don’t want to move to your new home. It’s probably too cold, wet or snowy to hold a garage sale right now, but you can donate items for a tax deduction.

Just buy – You will never get there until you take that first step. Assuming that you have the capital to work with, now is the time to buy! Choose a property that you know will profit you one way or the other. It can be through rental or equity buildup or renovation for flipping – whatever it is, take that first step.

Remodeling? – Determining your return on investment should be one of the first things you research before starting any remodeling project. If you plan on selling your home someday, keep in mind that 80 percent is the ideal return on a remodeling investment. A few suggested improvements that can bring the greatest return on investment include kitchen improvements, new siding, a bathroom addition, and replacing windows.

Refinancing?
– Taking advantage of the current low interest rates might make refinancing a good option for you. A recent study indicates that more homeowners are switching from a 30-year fixed rate mortgage to 15-year fixed rate mortgage and bringing additional funds to closing to reduce their mortgage amount.

Finally – Potential homebuyers should resolve to shop around when looking for a home loan. They say lenders vary, often significantly, in the fees they charge and the interest rates they levy so keep searching until you find a lender that offers both good service and good rates.

To put your home buying or selling plans into action, contact one of our local REALTORS today- www.calcagni.com 

Reprinted with permission from RISMedia. ©2014. All rights reserved.

Calcagni New Agent Spotlight: Leanne DelRosso

Leanne DelRosso  Calcagni Associates Real Estate

Leanne DelRosso, REALTOR

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent Leanne DelRosso to the company’s Cheshire office.

Leanne is a full time REALTOR who specializes in seller and buyer representation, assisting first-time home buyers and new construction. She is a member of the Greater New Haven Board of Realtors, Connecticut Association of Realtors, and National Association of Realtors.  “We are thrilled to welcome Leanne back to the team,” said Steven Calcagni, “she is a great addition to our growing team.”

Leanne grew up in Cheshire, where she still lives with her husband and 4 children. She is proud to call Cheshire home and is excited to make real estate her full time career, “It is very rewarding for me to be able to help people transition to the next phase of their lives, whether it is finding their new home or selling their existing home- I will be there for my clients through it all. I love working with people and I am very dedicated and efficient, a great choice for such a big decision.” said Leanne.

Leanne is available to serve all your real estate needs throughout the Central Connecticut area and beyond. She may be reached at Calcagni Real Estate’s office located at 330 South Main Street or by calling (203) 272-1821 Ext. 314 and 203-915-9588, or by visiting:  www.calcagni.com/LeanneDelRosso