Matt Peedin - Cary Real Estate
Matt Peedin - Cary Real Estate
Matt Peedin - Cary Real Estate
Matt Peedin - Cary Real Estate

Phone: 919-210-8388 | Email: mattpeedin@kw.com

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North Carolina property tax explained

Dollhouse and piggy bank under blue sky

Dollhouse and piggy bank under blue sky

Figuring out your taxes is an important but confusing aspect of owning property. Here are some of the basic things you need to know about North Carolina’s property tax:

How does it work?

North Carolina’s property tax is based on the value of the property. To determine the current value of your personal property, a county assessor will come and evaluate it every eight years. Some counties may require an owner to have their property reappraised every four years instead of eight.

It is important to note that North Carolina does not have a statewide property tax, but all properties are subjected to taxation by its county. Additional taxes or fees can also be levied by local governments, fire districts, school districts, and the like.

Can the home value evaluation be appealed?

Because of the lengthy intervals between property assessments, it is imperative to get the value of your home done correctly. If you find there are some issues with your assessment, you can file an appeal to the local Board of Equalization and Review. In Raleigh, you may also appeal to the Property Tax Commission.

You don’t necessarily need a lawyer to appeal your property value evaluation. However, given the nature of the appeals process, getting a lawyer or someone familiar with these real estate issues can make it easier for you.

What are the exemptions?

In 2018, seniors with a total income of $29,600 or less are eligible for the homestead property tax exemption, reducing the assessed value by the greater 50% or $25,000. There are also property tax exemptions for certain types of personal properties depending on their use and ownership.

Do you want to know more about your real estate options in North Carolina? Check out this website for more information! You can also get in touch with me at 919-210-8388 or email MattPeedin(at)KW(dotted)com.

What to do when relocating

moving boxes

moving boxes

So, you have finally taken the leap and you’re now on your way to moving to your new home. Here are some important tips to help you through your relocation:

Start packing as early as possible

It’s best to get a head start on your packing once your moving dates have been finalized. Starting as soon as you can is great especially when you’re moving with children. With kids in the house, it will probably take twice as long to have things packed so it’s definitely better to prepare earlier than you usually would. If it would be possible to have some of the children’s things moved to the new location earlier than the big move then that would be a big plus to get the kids settled in faster.

Hire a good moving company

Figuring out a way to get all your stuff along with you in your big move is stressful, especially if you want to do it alone. Hiring a moving company to help you out will save you from all that stress. These moving companies have different offerings like inter-state moving, cross-country moving, and apartment moving. It never hurts to do your research and see their reviews online. You should also shop around and see which company will fit your needs and your budget.

Take care of utilities and subscriptions

Always remember to settle your utilities and cancel your subscriptions before moving. Notify your utility company of your move and set a transfer or installation schedule so you can have utilities set up in your new place before you move there.

Double-check everything

Before you head out, come up with an inventory of all your items from the bulky furniture to your clothes and jewelry to make sure everything has been packed for the move. It is very common during relocations to lose valuable items in between moves. Thus, it would be wise to label your things and double-check every box so that you won’t accidentally leave something behind.

Need help relocating? You can check out my website here. You can also get in touch with me at 919-210-8388 or email MattPeedin(at)KW(dotted)com.

Tips for selling your home

House model on human hands with dollar icon.

House model on human hands with dollar icon.

If you’re wondering how to go about selling your home, here are some helpful tips:

Price your home right

Putting the right price tag on your home for the first time is crucial as it will have an impact on how long your property will stay on the market. Doing research on the prices of real estate properties within your locality will give you a rough estimate of your home’s ideal selling price. Moreover, sellers should take into consideration the current physical status of your home – if there sections in need of repair or replacement. Overpricing your home may deter potential buyers, thus making its stay on the market longer and rendering it as less desirable. On the other hand, slashing your home’s price will also be detrimental to your house’s sale and to you.

Stage your home

You can easily attract buyers and increase your home’s value if you “stage” it, meaning that you should showcase your home’s best features and fix small problems that might be noticeable to buyers. You can do simple things to make your house ready for staging like cleaning it and keeping decor that may tend to personalize your home like family photos, varsity items, and the like. After all, through staging, you would want your buyer/s to picture themselves living in your place.

Increase your home’s curb appeal

The way your house looks from the outside is a very important factor when it comes to selling. No one will be interested in a house that doesn’t look great on the outside. Increasing your house’s curb appeal can be as easy as cleaning your front lawn and putting some potted plants in the garden. The first thing buyers will see when they look at your home is the exterior, so make sure it looks inviting enough for them to want to look inside.

Hire a real estate agent

There are so many factors to consider when selling a home. Some novice home sellers may even find the process overwhelming. Thus, if you’re looking to sell your home at the soonest then hiring a real estate agent is your best bet in achieving your goal. Real estate agents have in-depth knowledge about what the local market looks like and how to advertise a home for sale the right way.

Thinking of selling your home? Just give me a call at 919-210-8388 or email MattPeedin(at)KW(dotted)com.

Top 6 coffee shops in Raleigh, North Carolina

cups of hot coffee

cups of hot coffee

We all know that Seattle is best known for its coffee shops. However, the city of Raleigh is not far behind in terms of specialty shops serving your favorite cup of Joe. Here’s a list of the best places to get your caffeine fix:

Jubala Village Coffee

Jubala Village Coffee has turned coffee making into an art form. Their locally sourced coffee beans and masterful technique in crafting their brews is an experience to be savored.

Sola Coffee Café

Serving more than just delicious handcrafted coffee, Sola Coffee Café has an extensive menu that includes sandwiches, a variety of toasts, omelets, and their famous mini-donuts. This is the perfect place to relax with friends over a cup of coffee and good food.

BREW

BREW boasts of a rotating selection from the Raleigh Coffee Company. They have all the classics like espresso and macchiato, but for the more adventurous, they have an Iced Nitro Cold Brew which, as they say, cannot be described with words.

Liquid State

Liquid State serves simply prepared coffee and espresso drinks sourced locally from Carrboro Roasters. Liquid State also has tea, wine, and beer on their menu that pair perfectly with their pastries and South African vegetarian and meat pies.

Benelux

Benelux offers freshly made coffee which they roast in-house and is perfect with Belgian-style waffles. This coffee shop is unique in that it has its own cycling club that meets every Tuesday. If you’re a cyclist or just a regular coffee lover, this shop is great for taking a break and relaxing.

Sir Walter Coffee

Alongside the usual coffee house drink menu staples, Sir Walter Coffee serves an array of spiked coffee preparations and tea cocktails. If you want your coffee to have an extra kick, their one of a kind concoctions are a must try.

Want to know your real estate options in Raleigh, North Carolina? Just give me a call at 919-210-8388 or email MattPeedin(at)KW(dotted)com.

Telltale signs that you need to sell your home

sell house

sell house

Do you feel like you’ve outgrown your home but you’re not sure if it’s the right time to move on? Here are the signs that will tell you that it’s time to sell your home:

You can afford a better home

If you can afford a home that better suits your needs, then it’s a definite sign that you should be selling your house. Don’t settle for a house that doesn’t have the amenities you desire when you can do something about it. It’s better to move on and get an upgrade so you can live in a manner that is most comfortable for you.

Remodeling no longer adds value

Remodeling a kitchen or a bathroom can make a house feel like new again but it may not raise its value. This could happen if the houses in your neighborhood are in the same style and condition. If you can no longer add value to your home, then it’s definitely time to sell.

Your family is changing

Those with a growing family can gain a lot from selling their home and upgrading to one that is more spacious and appropriate. The same can be said for empty nesters who find themselves with too much space once their kids move out. If you find that your house no longer meets the needs of your family, then this is a sign that you should sell.

You’re looking for a new neighborhood

If your family is changing, you should be looking for a place that better fits your new lifestyle. Growing families may want to look for a place in a good school district while empty nesters would prefer a location where life is more slow-paced.

Looking for a great place to move? Check out the beautiful neighborhoods of Raleigh, Cary, Apex, Holly Springs, and many more in North Carolina. If you want to know more about these communities, just give me call at 919-210-8388 or email MattPeedin(at)KW(dotted)com.

Home buying tips

Tenants receiving their keys

Tenants receiving their keys

Buying a house is one of the biggest expenses you’re ever going to make. If you’re setting your sights on a new home, here are some tips to help you out:

Hire a real estate professional

When buying property, it’s always best to have someone with in-depth knowledge and experience on your side. Most homebuyers make mistakes that could have easily been avoided with proper advice. Hiring a real estate agent can help you throughout the buying process and also unburden you from unnecessary stress.

Pay attention to your credit

Before buying a house, make sure your credit score is good. It’s ideal to have your finances checked by a professional who can help you tackle potential problems before these get out of hand. Incurring a bad credit rating will negatively affect your chances of getting a good loan with mortgage lenders.

Don’t go over budget

Going a couple of thousand dollars over budget may seem like a small price to pay for your dream home, but this is not the case. If you don’t have a good rein on your finances and you are not familiar with all the costs that come with being a property owner, then going a few thousand dollars over your original budget may snowball into something that will negatively affect your financial future.

Research about your neighborhood

Remember that when shopping for a house, it’s not just the structure you’re buying but its location as well. It would be prudent to get to know the neighborhood of the house you intend to buy through research and chatting with the locals. You will find out that talking to potential neighbors or picking up the local newspaper can reveal a lot about the place. The internet is also a friend in this case as there are several websites like Zillow.com or even travel websites like LonelyPlanet.com or NationalGeographic.com that may feature life in your chosen location. Try and to find out what that neighborhood has to offer.

Thinking of buying a house in North Carolina? Check out your real estate options here. You can also give me a call at 919-210-8388 or email MattPeedin(at)KW(dotted)com.

Discover Lake Johnson Park in Raleigh, NC

Lake Johnson in Raleigh, NC

A favorite destination located in southwest Raleigh, North Carolina, Lake Johnson Park offers more than 300 acres of recreational open space surrounding a sparkling 150-acre lake.

Take your family and friends to this exceptional park with these outdoor activities on your to-do list:

  • Explore easy and relaxing trails

    The park’s casual hiking and running trails are its best-known attraction. The east side features 2.8 miles of paved trail, while the west side brings you closer to nature with 1.5 miles of unpaved trail.  The paths are conducive to soothing and peaceful walks, with ample leafy canopies providing plenty of shade. Bikers are also welcome to traverse the paved greenway and woodchip trail leading to the boardwalk.

  • Take family and friends on a picnic

    Invite family and friends for a charming lakeside get-together. Lake Johnson Park’s picnic shelters are available for rent and can accommodate up to 20 persons for $7 an hour, or up to 35 people for just $9 an hour. The shelters, while already roofed, also benefit from natural shade and fresh breezes from the adjacent lakefront. Tables and grills are provided.

  • Hop on a boat and explore the waters

    Whether you bring your own boat or prefer to rent, Lake Johnson welcomes visitors to sail across its calm and mirror-like waters. Johnboats, canoes, kayaks, sailboats, and paddleboards are available for rent. While aboard your vessel, go fishing. You’ll find plenty of largemouth bass, catfish, crappie, carp, shell cracker, and bream in these waters.

  • Sign up for a class

    That’s right! There are classes you can take on Lake Johnson Park. Pick a fun course like gardening, fishing, nature photography, navigation, and environmental education for children.

If you want to explore more of Raleigh and other inviting Research Triangle communities in NC, browse the website to check out your options. For inquiries, call me at 919-210-8388 or email MattPeedin(at)KW(dotted)com.

5 advantages of working with a professional real estate agent

Meeting with financial advisor

If you are still on the fence about hiring an agent for your real estate needs, these 5 benefits of working with a professional will convince you to do it:

  1. Your agent’s training and experience will help you navigate the complexities of buying or selling a home

    Real estate is a nuanced and meticulous business. From understanding market price fluctuations, to sitting at the negotiation table, a buyer or a seller needs to consider a lot of steps and procedures. Tapping a trained and seasoned Realtor for assistance can spell the difference between a rewarding transaction and a stressful endeavor.

  2. Your agent can help you narrow down your buying options

    Shopping for a home is exciting, but it can also quickly become overwhelming with the sheer number of options out there. Guidance from a seasoned agent helps you stay on track with your buying goals, keeping the focus on your essential needs and the best value for your money.

  3. Selling your home is easier with the help of an objective third party

    Sentimental bias is a common roadblock when selling property. Emotional investment can get in the way of setting a fair, market-based list price and the final negotiations. Hiring an agent ensures that the transaction is carried out from a neutral standpoint.

  4. Your agent’s local knowledge can lead you to property finds

    Local real estate specialists offer more than just knowledge about a particular location; they can also provide you with unlisted properties sourced through their local networks.

  5. Your agent can refer you to local vendors and service providers

    Being rooted in the local community, your agent can help you find the most reliable resources around – from professional cleaners, to routine maintenance and repairs, to other community service providers.

For your real estate needs in Raleigh, Durham, Clayton, and other Research Triangle communities in NC, browse the website. For inquiries, talk to me, Matt Peedin. I bring over 10 years of industry experience to the table, so you know that your goals are in good hands. Call me today at 919-210-8388 or email MattPeedin(at)KW(dotted)com.

4 ways to maximize your basement, attic, and garage storage

Open Garage Interior

If you feel that your house is starting to get a little too cluttered, it’s time to put your basement, attic, and garage to better use. Here are 4 expert tips to make the most out of these spaces as your go-to storage solutions at home:

  1. Safety first

    Before beginning any work in the attic or basement, take time to ensure that the stairs and doorways are clear of any hazards. You should also sweep the floors and check dark corners for exposed nails or other potential injury risks.

  2. Consider the possible risks of using these areas for storage

    You’ll likely stop paying attention to the things you keep in storage as soon as they’re put away, so make sure that your storage space won’t ruin your belongings over time. Before stashing your stuff, check for risks involving extreme temperatures and humidity, flooding, and rodents and other pests.

  3. Figure out what you can store given your storage room’s conditions

    When you already know the risk factors involved in your storage space, you can organize your things accordingly. Personal and delicate items, such as clothes, photos, and important documents belong in low-risk spaces, whereas more durable items like suitcases, trunks, Christmas decorations, and toys outgrown by kids can be stored in less than ideal conditions.

  4. Brighten up your storage spaces

    When you have a hard time seeing things, you’ll have a similarly hard time getting things done. Increase the lighting in your basement, attic, and garage. Not only will this improve visibility, it will also make these spaces seem larger and more pleasant to be in.

If you’re looking for a home in Morrisville, Apex, Garner, and other great Research Triangle communities in NC, browse the website to view your options. For inquiries, call me at 919-210-8388 or email MattPeedin(at)KW(dotted)com.

8 tips for boosting your curb appeal

Brand new suburban house

Making a strong first impression can help you fetch a rewarding deal for your property. Use these 8 tips to make your home’s curb appeal an instant selling point:

  1. Put yourself in your buyer’s shoes

    Walk around your neighborhood and take note of the parts and elements of the neighbors’ homes that seem “off” – things that need repairing, cleaning or replacing. Do the same with your house and look at the property using an outsider’s perspective to identify the parts that you need to clean, fix, or update.

  2. Get fresh eyes to look at your property

    Ask a neighbor to take a look at your curb, too. They may spot certain defects that have become too familiar for you to notice, like chipped paint, cobwebs, and cracked steps.

  3. Learn when and how to take the best photos

    Today, 9 out of 10 home buyers begin their home search online. This makes high-quality photography an important piece of your selling strategy.  If you’re taking photos on your own, learn the best times to shoot (e.g. the “golden hour” just after sunrise or before sunset) and the best angles to put the beauty of your house on full display.

  4. Pay attention to your roof

    Just because it’s not in your direct line of sight, it doesn’t mean that your roof goes unnoticed among buyers. Have yours shingles cleaned, or replaced if necessary, before any buyer visits.

  5. Add color to your front yard
  6. If you need an instant boost to your front yard, the right choice of decorative foliage will do the trick. Look for annual plants that bloom any time of year.

  7. Update your house numbers

    Make your home easy to find by cleaning or updating your house numbers. Consider the design of the home to make sure that the numbers pop out against the wall or front door without being an eyesore.

  8. Pressure wash

    Give your sidings, deck, paths, and driveway a good scrub with a trusty pressure wash. If you don’t own a pressure washer, rent one or hire a professional washer.

  9. Make things bright

    Light gives a home’s aesthetic appeal a huge boost. Open shutters and curtains to let natural light brighten up interior spaces during a visit – and look good from the outside, too. You can also install exterior lights that highlight the best portions of your front yard, porch, and paths.

To learn more about selling your home, check out our Sellers page. For inquiries, give me a call at 919-210-8388 or send me an email at MattPeedin(at)KW(dotted)com.