Top 10 Fall Home Decor Hacks of 2021

Food Trucks SLC

 

It’s finally autumn, and with the changing of the seasons comes not only the warm delight of a pumpkin-spice latte but also a chance to try out some new seasonal home decor. If you’re looking to decorate your home on a budget, we have some excellent fall home decor hacks for you to try!

 

Make-Over Your Fireplace

Show your fireplace some love this season by sprucing up your mantel with fall foliage or some autumn-colored beads. You might also add some pumpkins in different shapes and sizes. Finally, don’t forget to add some firewood to your fireplace to give it a taste of the outdoors.

 

 

Chic Fall-Inspired Centerpieces For Your Dining Table

Love having flowers for your table? Try hollowing out a pumpkin and adding in a large tin can. You can use this as a vase for your flowers, making for a lovely fall centerpiece!

Find an old wooden box or crate and add some faux pumpkins and other sprigs of fall foliage and a few candles. It makes for a stylish and cozy fall centerpiece for your dining room table or even the coffee table in the living room when guests are over.

fall home decor

Dollar Store Foliage

Believe it or not, you can find some excellent fall decor materials at your local dollar store. You don’t have to go to a big craft store to find sprigs of fall leaves, berries, and floral picks. Instead, use them to make an autumn wreath for your door or to decorate the pumpkins on your doorstep.

Decorate Your Front Door

Your door is the first thing your guests will notice, so you want to make sure it’s decorated for the season. A fall wreath, some porch pumpkins, or some leaf garlands will help set the tone for your home when guests arrive.

Bring Out Your Copper Collection

Use copper pans and fall harvest vegetables for some stunning fall decoration ideas for your kitchen! Arrange them in the space above your cabinets for an easy fall transformation.

front door decor fall

Preserve Your Pumkins

You can preserve your pumpkins in a bath of bleach and water. This will make them last longer since it inhibits bacterial growth so that you can display your real pumpkins for longer throughout the season.

Another hack for more miniature pumpkins is to preserve them in vaseline. Finally, avoid carving your pumpkins too early in the season, and opt for paint and glued decorations instead.

Create A Snack Bar Station

Speaking of your fireplace, it’s a great place to make s’mores! Set up a tray with marshmallows, mini wrapped chocolate bars, and graham crackers in mason jars with a few sets of sticks for a sweet snack station. No fireplace, no problem: you can make these on the stove, too.

Use Cozy Blankets in New Ways

We love using comfy blankets when the cool chill of fall rolls in, but did you know you can also use blankets for your decor? Adding them to your s’mores station or using them as a base for your pumpkin display adds a comforting layer to your decor.

Fall decor ideas

Make Your Fall Home Decor Dreams Come True

We hope you’ve enjoyed these fall home decor hacks! Want some more tips on home decorations for fall? Contact us today, and we can help make your dream home a reality. 

Steps for Transforming Your Home into a Rental Property

Transform your home into rental property

Did you know it is estimated that there are around 43.3 million homes for rent in the US? As a result, many property owners realize that renting out their property is a great way to get a recurring income. But do you know how to get started?

Unfortunately, it is not as easy as you might think. Read on as we discuss the steps to transform your home into a rental property. 

Why Transform Your Home Into a Rental Property?

This comes down to one factor, and that is a regular income from the rental itself. This can be used to go into savings, supplement your lifestyle or even pay off the mortgage. In addition, as the property appreciates, you stand to make a lot of money in the long term. 

Start by Checking All the Permits

Having the right permits for rental properties is essential, as you don’t want to fall on the wrong side of the law. Many municipalities will have their own guidelines on this, so check them thoroughly. In addition, it may be worth speaking to a local property attorney regarding this. 

Check Your HOA

If you are part of a homeowners association (HOA), they may have their own rules and regulations regarding rentals. Check in the documentation you got when buying the property, or speak with the members who run the association. This article may help you work out what you need to know about HOAs

Research Taxes

Make sure you are filing the correct taxes from your home rental. Filing late or incorrectly can result in major penalties and fines. 

Check the Mortgage

Your mortgage will contain an occupancy clause, which states it is your primary place of residence. This entitles you to lower interest rates and smaller down payments. However, if the bank finds out you are not living at the property and renting it out, they could cause problems, so check the legalities before going ahead. 

Determine How You Will Manage the Property

Owning rental properties is very rewarding, but it is a lot of hard work. In fact, it is often easier if you have a lot of them and can do it full time instead of balancing them with a job. If you don’t want the hassle, consider hiring home rental companies to do it for you. 

Home Renovations

Check the property to see if any major renovations are required and budget accordingly. This article on surviving a bathroom remodel can give you guidelines on one of the most tackled rooms in the home. 

House and Landlord Insurance

Finally, protect yourself with the necessary insurance. Accidents are bound to happen, and you need to protect the home and yourself as the landlord.

Getting Started

Now you know the steps to transform your home into a rental property, you can begin earning extra income. Cover yourself legally, do your research, and make some renovations.

If you are thinking of buying, selling, or renting in the Salt Lake City area, Market Source Real Estate should be your first stop.

We even offer relocation services if you are new to the area. So contact us today and let us help you find your dream home. 

How to Find the Right Tenant for Your Rental Property

Tenant for Rental Properties

Did you know, 16% of low-income tenants cannot pay the full amount of their rent every month? So how do you prevent problems such as this from happening? The key is to make sure you find the right tenant for a rental property.

Doing so takes careful planning and follow-through. Let’s take a look at what you need to do to make sure you find the perfect tenant for your properties.

Set Your Own Rental Criteria

Well-thought-out rental criteria are key to making sure your future tenants will be a good match. A common requirement is that the tenant has a gross income of at least three times the monthly rent. This ensures they have the income to pay the rent.

You should also make sure they have steady employment or a co-signer with steady and sufficient income to ensure that your tenant will continue to pay their rent. You may also want to consider a minimum credit score.

Setting lifestyle requirements for your rental properties is also a good idea, especially for your primary residence. For example, will you allow smoking and pets in the unit? Some landlords also find it helpful to have requirements based on possible criminal history.

Get To Know the Applicant at the Property Showing

Showing the property provides a great time for you to meet and get to know the applicant either in person or virtually. As a result, you can better understand who they are and how to work with them.

Try to pay attention to how they act. For instance, do they show up on time? Do they seem friendly and nice to work with? These types of characteristics can indicate that they may be a pleasant tenant.

Check the Tenant’s Rental History

A tenant’s rental history can indicate how they will be if they rent from you. You should reach out to their previous landlords to confirm that the tenant actually rented from them and paid the rent on time.

In addition, ask if they took good care of the property and left the unit clean and in good order when they moved out. You can also check if they were disruptive to any other neighbors.

Research the Tenant Credit Report and Run Background Check

credit report can be a great tool to learn about the tenant’s payment and debt history. This can be an indicator if they will pay on time and be able to afford your rent.

You may choose to run a background check to see if the tenant has a criminal history. Just note that there are guidelines for using criminal background information if you are evaluating someone as a potential renter.

Use a Real Estate Agent

A real estate agent can make the process easier. Instead of going through each of these steps, an agent could take the lead on it. In addition, having a property manager or real estate agent can allow you to have a more hands-off approach to renting.

In addition, they can make it easier to ensure that you follow landlord-tenant law and don’t risk legal trouble by infringing on tenants’ rights.

Find the Perfect Tenant for Rental Properties

Finding the right tenant for rental properties can be an overwhelming process. First, you need to make sure you identify useful rental criteria and that your potential tenant meets them. However, a real estate agent can make finding a tenant and property management much easier.

Contact Market Source Real Estate to get started with your rental property today.

Best Places to Buy Vacation Property in Utah

Vacation Properties in Utah

Whether you’re looking for a second home where you can spend family vacations or you want to expand your property portfolio, Utah is an excellent choice. With large cities, quaint towns, and breathtaking natural landscapes, Utah has it all.

So if you’re looking for vacation properties in Utah, what are the areas you should be browsing?

Keep reading as we review the top towns and cities in Utah that make great locations for buying vacation homes.

Logan

When discussing vacation properties in Utah, we couldn’t neglect Logan. The population of Logan is booming, making it an ideal time to invest in property there.

One of the biggest attractions is Utah State University. If you’re looking to rent out your vacation property, Logan is one of the most lucrative options on our list, as rental prices are particularly high.

Salt Lake City

Boasting the largest population in Utah, Salt Lake City makes a fantastic choice for your vacation property for many reasons. In addition to the great nightlife and restaurant scene, there’s also a wide variety of neighborhoods.

Some of our favorite areas of the city are the historic neighborhoods such as The Avenues and Capitol Hill. As you can imagine, the backdrop of the Oquirrh Mountains never gets old.

Park City

Next up on our list of great places in Utah is Park City. Situated about 30 miles east of Salt Lake City, Park City is home to some of the best skiing resorts in the country.

If you’re an avid skier and you find a beautiful vacation property for sale in Park City, this is surely too good of an opportunity to miss.

St. George

Another hotspot for vacation rental properties in Utah is St. George. Located in the southwest tip of the state, St. George is an exceptional choice for those who love the outdoors.

Near both state and national parks, not to mention the Grand Canyon, St. George makes perfect sense for those who love to hike and explore while on vacation.

Southern Utah

Last but not least, there are many great locations for buying rental properties in Southern Utah. With options such as Cedar City, Bluff, and Hurricane, this is where to go if you want to be near the jaw-dropping sandstone panoramas.

If you’re looking to rent out your second home, there are plenty of companies offering vacation property management services here.

Those Are Your Best Options for Vacation Properties in Utah

Having explored the top locations when looking for vacation properties in Utah, it’s time to take the next step. Consider which of these places speak to you and what you’re looking for from a vacation home, whether that’s the thriving scene of Salt Lake City or the stunning backdrop of St George.

If you’re looking to buy or sell a property in Utah, Market Source Real Estate has your back. Click here to contact us, and our expert realtor team will be honored to get to know you and your specific needs.

Should You Buy a Property With an ADU in 2021?

Accessory Dwelling Unit

Buying a house can be an exciting time. It’s a chance to find your new home and a new place to make years of memories. However, any house you buy is an investment.

As such, you want to find a home that appreciates as time goes on. Several features can help attain that increased value, one of which is an accessory dwelling unit.

An accessory dwelling unit (ADU) is a smaller, secondary building or space resting on a larger building plot. They can significantly increase your home value in 2021. In this article, we’ll explore more about ADUs and how they can benefit your household.

Are ADUs Worth it?

ADUs are excellent ways to add long-term equity and value to your property. So long as they remain well-kept, an ADU automatically adds significant value to your property when you decide to sell it.

You can also use an ADU as a way of making passive income. For example, if your ADU is a detached one (not in a garage or other space joined to your home), you can rent it out to people and collect money from their rent and bills.

However, to understand this more fully, we’ll first need to examine types of ADUs. You can learn more about this in the next section.

Types of Accessory Dwelling Unit

There are several types of ADUs in 2021, each with its advantages. One of the most common forms is the built-in ADU.

This form is a part of the house but separated by an interior wall. A universal feature of built-in ADUs is their separate entrance and exit from the main structure.

Another frequent ADU type is the above-garage ADU, which consists of an apartment building over a free-standing or attached garage. Often, business owners love to use the above-garage ADUs as an office for their home business.

Carriage houses are the last common ADU type. These are usually free-standing, small houses that share the primary home’s lot. They’re often located near the property entrance to give them a sense of privacy from the main household.

Who Can Build An ADU?

Who can build an ADU often depends on the building codes in your area. Usually, an architect or contractor is the standard. These workers have the experience to construct what you need.

Moreover, they have more reputability as builders. As such, they can more quickly receive the required building permits for the job.

Benefits of ADUs

We’ve noted several benefits of ADUs throughout this article. First, they help to add long-term value to your property. As such, you can sell the property for more than you purchased it.

Another benefit is its potential for earning passive income. Owners of ADUs can use the space for house renters. Alternatively, you can use the ADU for your storage or workspace.

Mortgages and Taxes on ADUs

The biggest downside to ADUs is the increase they bring to your property taxes. When you add an ADU, most areas factor it into your property taxes and mortgage payments. However, if you use the ADU as a source of income, you can offset the additional costs.

Search For a Property With an ADU

As you can see, an accessory dwelling unit brings many advantages. For example, you can use it for extra space to work from home or use it for additional income.

Suppose you’re interested in owning an ADU; excellent! Use our services to search for properties with ADUs in the Salt Lake City area today.

Top Salt Lake City Neighborhoods for Buying a Charming Older Home

Market Source 928 N Terrace Hills

Moving to Salt Lake City is one of the best decisions you’ll ever make. Salt Lake City has a unique history and is one of the countries most livable cities.

One of the best things about moving to Salt Lake City is the charming older homes. Here are SLC’s top historical neighborhoods.

SLC’s Top Historical Neighborhoods

Salt Lake City has 14 local historic districts, so you are sure to find what you are looking for. The city designates these districts to maintain their historic character.

This means you can be assured that the distinctive architecture of your neighborhood is protected over time. Here are three of SLC’s top historical neighborhoods.

The Avenues

One of Salt Lake City’s oldest and most significant residential areas, The Avenues became a local historic district in 1978. The Avenues is unique as it contains the broadest range of architectural styles in the state, starting in the 1860s. As a result, it is the perfect district for buying an old house. Other neighborhoods might be home to more luxury homes, but none have the diversity of The Avenues.

Over one hundred architect-designed homes are in The Avenues, with styles ranging from Queen Anne to Prairie Style. Such integration of architectural style is unique and gives The Avenues great character.

This diversity is due to the original subdivision of the blocks. Each block was divided into four lots. As the city evolved, more and more of the actual lots were subdivided. Thus, creating diversity dependent on the time of the subdivision.

Several important public buildings are also in the area, including the Danish Evangelical Lutheran Church and the Madeleine Choir School.

Capitol Hill

The Capitol Hill district is the oldest residential area in Salt Lake City, with over 130 years of residential development. Capitol Hill became a local historic district in 1984.

The streets of the Capitol Hill area are not typical of the rest of Salt Lake City. This is a product of the steep hillside, making the area unattractive for redevelopment. Thus, preserving much of the historic buildings and sites.

The Capitol Hill District is a cross-section of the City’s historical resources and architecture. Ranging from the mansions of Arsenal Hill to the workmen’s cottages of Reed Street. The buildings in this district represent the original life of the city.

University

The University District has panoramic views extending over the city. The area mainly contains residences constructed between 1900 and 1920. The neighborhood was built to serve the university, with many homes being constructed for faculty and staff.

During the 1950s, the region also became occupied by students. This growth leads to the construction of apartment buildings which caused residents to seek its local historic district designation, granted in 1991.

Today the area contains primarily medium to large historic homes and apartments of a wide range of architectural styles. In addition, there are some commercial buildings geared towards the students located around the 200 south and 1300 east intersection. Many of which operate out of historic buildings.

The North East Corner is occupied by a historic park that has an art gallery.

Historic Districts in Salt Lake City

These three are our picks of SLC’s top historic neighborhoods, but with 11 others, you won’t have any trouble finding the right community and home for you.

For more information on relocating to Salt Lake City, find out everything you need to know here. We’ve got the best information for your upcoming relocation!