12 Remodeling Projects That Offer the Best Value at Resale

12 Remodeling Projects That Offer the Best Value at Resale: A new NAR report reveals which projects homeowners may want to prioritize if they plan to sell within the next year or two.

Wishing You a Happy New Year from Florida Realty Group

As we welcome a brand new year, all of us at Florida Realty Group want to say thank you. Thank you for trusting us with one of life’s biggest decisions, for allowing us into your journey, and for the relationships we’ve been honored to build along the way.

Your confidence in our brokerage means more to us than words can express. We are grateful for every client, referral, and connection, and we look forward to continuing to serve our community with integrity, dedication, and care in the year ahead.

Wishing you and your loved ones a New Year filled with health, happiness, and new beginnings.

 

Home Design Trends to Watch in 2026

Home Design Trends to Watch in 2026

Decluttering Before a Move: Mistakes to Avoid

Decluttering Before a Move: Mistakes to Avoid

Cape Coral Update to Rental Regulations

 Starting January 1, 2026, the Cape Coral City Council will implement new rules regarding rental properties in the city with a change to the fee frequency and cost.

All rental properties must still be registered. Long-term rentals (rented for more than six months) must register every year for $35. Short-term rentals (rented for less than six months) must register every year for $350.

If you do not register your properties, you are subject to fines:

First Violation: $1,000 Second Violation: $2,000. If you violate the registration ordinance more than twice in a 36-month period, you will be fined an additional $2,000. Late fees will be charged if you fail to re-register within 30 days of your initial registration. Don't forget to register your properties!

 

Happy Holidays

 

The 70% Rule of House Flipping

How it works:

1. Estimate ARV: Determine the property's potential market value after renovations are complete.
2. Calculate the 70%: Multiply the ARV by 0.70 (70%).
3. Subtract Repairs: Take that result and subtract your estimated cost for all repairs and renovations.
4. Get Your Max Offer: The final number is the maximum price you should offer for the property. 

Example:

• ARV: $300,000
• Repair Costs: $50,000
• Calculation: ($300,000 x 0.70) - $50,000 = $160,000.
• Max Offer: You should aim to pay no more than $160,000 to stay within the rule.

Why it's used:

• Profit Buffer: It accounts for profit, selling costs, holding costs, and unexpected expenses.
• Risk Management: Helps beginners avoid costly mistakes in bidding on flips.
• Quick Analysis: Provides a fast way to filter potential deals. 
• 
  
• Important considerations:
• Not absolute: It's a guideline, not a rigid law; market conditions and deal specifics can vary.
• Accurate Estimates: Overestimating ARV or underestimating repairs can break the rule.
• Professional Help: Consider professional inspections to get accurate repair and ARV numbers.