Spring Home Improvement

Get the Jump on Your Spring Home Chores

The weather is here. Ready to dive into those long-delayed spring home improvement projects?

By starting now, you’ll likely get ahead of the demand for the contractors you need to get the job done right.

Whether you’re seeking to knock out routine maintenance chores or enhance your home’s curb appeal here are some top projects to think about.

Stain Your Deck

Many contractors recommend staining or sealing your deck at least every two to three years. As with many home-improvement projects, preparation is key. Before dragging the pressure washer out of the shed, use a deck cleaner and brightener to better prepare the wood for a new protective layer of stain or sealant.

Repair Winter Storm Damage

Most homes sustain at least a few problems during the winter months. Finding and addressing them now can prevent larger problems down the road. Look for dampness in the basement, damaged shingles, or pinpoint roof leaks, loose or warped fence boards and other such items.

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Home Sales Decline Statewide

According to the February 2023 Virginia Home Sales Report released this week by Virginia REALTORS, there were 6,505 home sales across Virginia in February. This is a 20.3% reduction compared to February 2022, or 1,655 fewer sales. This marks the 15th consecutive month ending with a decrease in sales activity in the state’s housing market, as interest rates have more than doubled during this period.

Even with the slowdown in sales activity, home prices continue to trend up in many parts of the state, a reflection of the tight inventory conditions that persist in most areas. At $370,000, the statewide median sales price rose 5.7% from this time last year, a $20,000 price jump.

The statewide average days on market in February was 38 days, eight days longer than a year ago. In addition to homes staying on the market longer, Virginia’s sellers, on average, are getting slightly less than their asking price.

“This is some good news for buyers that are active in the market,” Virginia REALTORS 2023 President Katrina M. Smith said. “Nearly all of Virginia’s markets have more active listings available than they did one year ago.”

At the end of February, there were 14,558 active listings on the market statewide, 2,416 more listings than last year.

“Active listings are building up, but keep in mind that it’s not from new listings, which remain down,” Virginia REALTORS Chief Economist Ryan Price. “February saw a 22% reduction in new listings since the same time last year, reflecting hesitation from sellers.”

Following the collapse of Silicon Valley Bank and Signature Bank and the subsequent drop in mortgage rates, it’s possible there could be an influx of buyers who might have pushed pause when rates were trending up. While this could provide a boost heading into the spring market, overall sentiment for buyers remains low, the association reported. n

Spring chores

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Repair Siding and Trim:

Be sure siding is tight and caulked where it meets trim. Where wood windowsills or sashes are showing signs of rot, use epoxy wood filler to repair the area. It’s a great time to address areas that need a fresh coat of paint.

Improve Attic Insulation

Insulation isn’t just to keep out the winter chill. Good attic insulation will help keep down those summer heating bills, as well.

Service Your HVAC system

It’s a good idea to have an HVAC contractor check out your system and replace filters now to ensure you won’t be trying to find one available during the dog days of August when they will be booked up with other jobs.

Clean Out Gutters and Downspouts

April showers are on the way and overflowing gutters and downspouts can cause water damage to your house. Scoop out loose debris and then use a high-pressure nozzle on a hose to flush them out.

Spruce up the Landscaping

Spring is the best time to plant trees and it is best to prune dormant trees and shrubs before they begin producing foliage. And it is a good time to aerate your lawn and spray for weeds. n