Recruitment is a crucial determinant of growth and success for real estate brokerages. Like your customer, the recruitment process can be visualized as a sales funnel, where potential recruits enter at the top, and the best-suited agents emerge at the bottom as ideal members of your team or brokerage. Understanding and optimizing each stage of this funnel is critical to streamline recruitment and attract top-tier talent. With that in mind, let’s break down a successful real estate recruitment funnel and how to optimize each stage:
1. Awareness
At this stage, potential recruits become aware of your brokerage and what it stands for. Think of this as your core brand narrative. Would an agent from the outside be impressed?
Optimization Tips:
Brand presence: Ensure your brokerage has a robust online presence, including an updated website and active social media profiles.
Content marketing: Establish yourself as a thought leader. Share insightful articles, market analyses, and success stories to position your brokerage as an industry thought leader.
2. Interest
Once aware, agents begin to show interest in what your brokerage offers. They may sign up for newsletters, follow you on social platforms, or attend webinars.
Optimization Tips:
Engaging content: Regularly post relevant content that addresses common questions or challenges agents face. Turn your brokerage into a solution.
Webinars and workshops: Organize events that showcase your brokerage’s expertise and the benefits of joining your team. Highlight subjects that are not inherently a sales pitch but naturally put your team in the best possible light.
3. Consideration
At this point, agents are actively considering joining your brokerage. They might reach out with queries, ask for meetings, or seek feedback from current agents.
Optimization Tips:
Testimonials: Share success stories and testimonials from your current agents. Real-world experiences can be the compelling piece of content you can share.
Transparent communication: Be clear about commission structures, growth opportunities, and your support to your agents. A lack of communication can make someone feel they made the wrong decision.
4. Intent
Agents are on the verge of making a decision. They’ve likely narrowed down their options and are comparing the benefits of various brokerages.
Optimization Tips:
Personalized outreach: Always use personalized communication to address any remaining concerns or questions they might have.
Showcase Technology: If your brokerage uses advanced tools and technologies that can simplify their workflow, highlight them without overwhelming them.
5. Decision
The crucial stage is where agents decide to join your brokerage. They’re convinced that your brokerage aligns with their goals and aspirations. The first 90 days are critical.
Optimization Tips:
Smooth onboarding: Ensure the onboarding process is seamless. From paperwork to training, every step should be organized and efficient.
Welcoming environment: Create a welcoming atmosphere, introducing new agents to the team and integrating them into your brokerage culture.
6. Retention
While technically outside the recruitment funnel, retaining agents is as essential as recruiting them. It’s about keeping them engaged and satisfied.
Optimization Tips:
Continuous training: Offer regular training sessions and development programs.
Feedback loop: Encourage agents to share feedback and act upon constructive suggestions.
Conclusion
A successful real estate recruitment funnel is more than just attracting potential agents; it’s about guiding them through a journey from awareness to decision, ensuring they feel valued and informed at every stage. By understanding the anatomy of this funnel and optimizing each step, brokerages can ensure they attract and retain the industry’s best talent, setting the stage for sustained growth and success.
Jim Turner is CEO of Brokerkit, a growth platform for brokers.
This article is part of a series put together by the Total Mortgage marketing team that provides loan officers and other sales professionals with a crash course in marketing and self-promotion. To read other articles in this series, click here.
When we talk about on-page optimization, we’re talking about factors that can influence how a page on your site will perform in a search result.
Everyone wants their site to come up at the top of the search engine results page (SERP), so there’s some serious competition. To increase your chances of claiming the coveted first position, you’ll want to make sure your page is optimized.
Fortunately for you, this blog will give you the ins and outs of on-page optimization.
Structuring Your Content
When a user comes to your site, you want your content to be structured in a way that makes it easy to understand. That means using a variety of headers and other organizational tools.
Title Tags
Tittle tags help search engines figure out what your page is about. They consist of the text that is placed in between the title tags in your HTML document. To anyone who isn’t a developer, you’ll think of title tags as what the results that up in blue in search engines.
Title tag = Title Tags: How to Improve CTR by 20%+ – Siege Media
Here are some quick tips for title tags:
Include your keywords: The first place someone will look is at your title tag. Make sure your targeted keywords are in the title tag, preferably at the beginning. Don’t go overboard trying to jam as many keywords as you can in your title tag. Not only will “keyword stuffing” get you penalized by search engines, but it doesn’t read well.
Optimize the length: You want your title tag to be between 50-60 characters.
Descriptive: For obvious reasons, you want your title tag to clearly reflect what your post is about.
Headers
After your title, the headers will be the next thing that a user sees. It’s important that the headers guide them to the information that they’re seeking. Internet users don’t have a lot of patience and aren’t interested in reading unnecessary words.
Often times, they’ll get to a site and scroll down, only reading the headers. If they don’t find what they’re looking for, they quickly bounce back to the SERP. Just like your title tag, it’s crucial for you to include keywords in your headers. We’ll talk later on about the different options you have with keyword use.
Sub-Headers
You might think that a simple header would do, but you’d be wrong. Dialing down into sub-headers makes it that much easier for users to follow the flow of your content. It’s not always necessary, but you have to think about what will funnel the readers attention down to the granular sections of your page.
Anything that helps the reader navigate your page will help on-site optimization. It might take a few posts to get a good grasp of when to include a sub-header, but stick with it. Feedback from friends or colleagues is invaluable.
Bullets vs. Paragraphs
Bullet points are nice and neat and are therefore easier to read than wordy paragraphs. That doesn’t mean you should go overboard, but if the time comes, don’t feel like it’s poor taste to use them. Readability is key when it comes to getting likes and shares, and will help keep your readers coming back for more.
One way to make intimidating paragraphs more approachable is to break them up. Since most readers scan through blogs, as opposed to reading them start to finish, you’re better off with smaller paragraphs.
Think about it. If you have a large block of text, the reader certainly isn’t going to jump in at the middle of the paragraph and start reading, and it’s entirely possible that they’ll skip over the whole thing. But if you break that paragraph into three smaller paragraphs, the chances greatly increase that they will read any one of them.
Images/Multimedia
If you’re trying to craft masterful blogs, you’re going to want to include images and videos. There is a lot of data that shows users are more likely to stick around and engage with your site if you have images and videos.
With text, bots can crawl your site and easily figure out what your post is about, but bots rely on your help in order to figure out what images and videos are about. That’s where the file name and alt-text come in.
File name
Search engines love when you feed them clues about your page. Often times, the file name of an image will be some random combination of numbers and letters. That’s not a very good clue. If you help search engines out by using descriptive file names, it will have a positive effect on your on-page optimization.
Alt-text
Alternative text (alt-text) is another place for you to drop a hint to search engines. As the name suggest, they are a text alternative for browsers in the event that they can’t be properly rendered. The same guidelines that apply to file name apply here. You want a clear description of your image.
Meta-Description
The meta-description is the text that appears underneath the title tag in the SERP. Its main goal is to get users to click the link and enter their site. The best way to do that is by combining informative text with a strong call to action. The user won’t know if they want to enter your site until they have an idea of what’s on that page.
One way to help them out is by using keywords. If you have the keyword they searched for in your title tag and meta-description, the odds are good that your page is relevant to their query. Also, when you type a keyword into Google, it appears in bold text if it’s in a meta-description. In the example below you can see the keyword I typed into google—quesadillas—is in bold. It makes it stand out more and draws the user into reading your meta-description, which makes it more likely that they will click through to your page.
Ideal Word Count
Search Engines Prefer Long Posts
Studies show that longer content outperforms shorter content by a substantial amount. What’s the magic number? Well, that depends on who you ask. Different studies have shown that the average word count of top ranked searches is 2,416, 1,890, 2,250-2,500, 2,000+.
They might disagree on the exact number, but they all share one thing in common: long-form content usually outperforms short content.
Why is this the case?
It’s a simple concept. You know a lot, so you write a lot. If there are two blogs on FHA Loans and one of them has 1,000 more words than the other, odds are, that blog is more informative. People think this way, and from what the data says, search engines do to.
Every Post is Different
The content of your page will also play a large factor in determining the ideal word count. Not every topic needs a 2,000+ word post about it. After all, the purpose of a post is to relay information to a curious reader, and if you can satisfy that need in under 1,000 words, then so be it. You want your posts to be readable and shareable, and excessive wording will most likely detract from both of those efforts.
Taking a look at some of the blog posts here at Total Mortgage, these findings ring true. For our mortgage rates blog, there is definitely a correlation between the length of the post and the number of views. There is always some degree of variation depending on market conditions and current events, but overall, longer content does better.
We’ve also noticed that nothing beats a good topic. It’s not something you can always count on, but if you strike gold, you might not have to write a novel to reel in a high amount of traffic. One of our top performing evergreen blogs is under 600 words, but that’s enough for it to rank #1 in google for our targeted keyword.
Which brings us to…
Keyword Density
Keywords are words used to classify or organize digital content, or to facilitate an online search for information. They are what people type into search engines, and they’re incredibly important.
The general theory used to be that the more you mention a keyword in a post, the more likely it is that your article will rank for that keyword. Now, it’s true that the more you use a keyword the easier it is for search engines like Google to figure out what your page is about, but it’s hardly true that there is a direct correlation between the times used and search ranking.
Rand Fishkin, Founder of the highly respected inbound marketing company Moz, says that you should definitely include the keyword in your headlines and a couple times in the body of your post, but other than that, you really don’t have to stress repetition.
Readers want to be reassured that the page they’re on has the information they’re looking for, and seeing keywords in the headers will not only keep them from leaving, but get them to read the copy below it.
As for keyword density metrics, Rand says, stay away.
The long and short of it is that there is no ideal keyword density. You should strive to write posts that naturally have the keyword in it. After all, no one wants to read a clunky keyword stuffed post.
Semantically related keywords
Search engines are always refining and expanding their methods. One of the most important advancements they’ve made in recent years is the ability to recognize semantically related keywords. The best way to explain this is with an example. Say your keyword is “how to buy a house.” If you type that into google and scroll down to related searches, you’ll find semantically related keywords.
Google knows that someone searching for “how to buy a house” could very likely wind up wondering about any of these keywords. As stated earlier, you don’t want to keyword stuff. However, if you use various semantically related keywords throughout your post, the copy doesn’t get clunky and you’ve made it much clearer to Google what your post is about, which will help you rank in the SERP.
Selecting the right topics
No matter how well your page is optimized, if your topic selection is terrible, you’re not going to get viewers to read any of your posts. Fortunately, we created a blog post entirely devoted to Creating and Curating Content.
Experience Matters
On-page optimization sets you up for success. If your posts aren’t fully optimized, you’re missing out on users, conversions, and new clients. It’s not unusual for someone who is new to all of these concepts to feel a little overwhelmed. One benefit that loan officers at Total Mortgage have is the ability to engage with a seasoned marketing department. We’ve been blogging for almost a decade, and know all the ins and outs of on-page SEO.
Whether you don’t want to deal with on-page optimization, or you would want us to show you the ropes—we’ve got you covered.
Carter Wessman
Carter Wessman is originally from the charming town of Norfolk, Massachusetts. When he isn’t busy writing about mortgage related topics, you can find him playing table tennis, or jamming on his bass guitar.
Inside: Looking to celebrate Christmas on a budget? This guide has you covered with creative and affordable ways to do just that.
Are you stressed out about how to afford a fabulous Christmas on your budget? Worry not.
This festive season isn’t about how much cash you fork out, it’s about creating lasting memories and spreading joy.
Why let financial woes dampen the joyous yuletide spirit when you can celebrate a charming Christmas on a budget?
Remember, it’s your money, your decisions, and your rules – no guilt trips or social pressures should force you into spending Christmas in debt.
Today you will learn:
Determine your Christmas budget: Figure out what’s a comfortable amount for you to spend and stick to it religiously.
Be creative with gift giving: Homemade presents or heartfelt letters can be more valuable than pricey items.
Find simple ways to save money: Use these money saving tips to enjoy a festive holiday season.
This holiday season, celebrate responsibly, within your means, for a Christmas that’s merry, bright, and totally guilt-free!
Why Celebrate Christmas on a Budget?
Embracing a budget-friendly Christmas can prove to be not only a smart choice but one filled with warmth, delight, and genuine joy.
Enjoy valuable family bonding time with exciting games and shared activities. Volunteer work, a day of holiday baking, or a simple drive-through Christmas lights sightseeing trip can leave a lasting impression. Look through this Christmas bucket list.
Opt for economical, yet thoughtful gifts or stick to fun gift exchange rules, such as the “four gift rule” for your kids. Remember, it’s the sentiment behind the gift that matters the most.
In essence, an economical holiday season needn’t be a dull affair, rather it’s an opportunity to make it more heartfelt and unforgettable.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
What to buy for Christmas on a tight budget?
Yes, friend, you can buy meaningful Christmas gifts while sticking to a budget.
In fact, the thought behind a gift is often what makes it special, not the price tag.
A few ideas include homemade gifts, gift cards, subscriptions, and second-hand items. With a little creativity, you can find the perfect present for everyone on your list without spending a fortune.
Below you will find plenty of great gift guides for Christmas that won’t break the bank.
Benefits of a Budget Christmas
1. Allows you to plan ahead and stay on track 2. Prevents overspending 3. Buy gifts that are within your budget 4. Focus on quality over quantity 5. Ensures that everyone gets a gift 6. Helps you avoid debt during the holidays 7. Prevents you from feeling stressed out about money during the holidays 8. Be creative and come up with unique gifts 9. Save for next year’s holiday budget 10. Stay connected to the spirit of the holidays
Savings with Christmas on a Budget
From homemade Christmas decorations to unique gift ideas, it’s possible to create magical moments that’ll last a lifetime without a hefty price tag.
Embrace the true spirit of Christmas – love, family, and togetherness, rather than commercialism, and read on to discover how.
Learn the simple ways to celebrate the festive season without breaking the bank with our creative and budget-friendly Christmas ideas.
1. Think about a No Gift Christmas
Having a No Gift Christmas is a creative and budget-saving alternative to traditional holiday festivities, especially suitable if funds are tight. Why not consider it?
Here are some benefits:
You can alleviate the holiday stress often associated with spending on gifts.
It fosters the idea of Christmas as a season of togetherness, not just gift-giving.
It offers the potential for unique and memorable experiences, like volunteering or creating fun traditions with your loved ones.
Remember, having a memorable Christmas doesn’t have to cost much, or anything at all Learn more about a no gift Christmas.
2. Make Your Own Gifts
DIY Christmas gifts are your perfect solution. They not only save pennies but are laced with your love and creativity.
Start by exploring plenty of creative gift ideas available for free online. Need help? Look for “homemade gifts for Christmas” and you’ll be surprised.
Compile a list of possible gifts from homemade candles to personalized coupon books, keeping the recipient’s likes in mind.
Remember, your efforts will reflect in your gift. So, unleash your creativity and let the magic begin.
3. Borrow Instead of Buy
Borrowing instead of buying is a clever way to have a festive holiday while keeping things budget-friendly. This concept is simple: swap decorations, games, or even gifts with friends, neighbors, or family
Discuss your idea with your circle and organize swapping parties to exchange items.
The key is to creatively engage and make it a fun, budget-conscious activity. After all, Christmas is about sharing and caring!
Remember, return borrowed items in their original condition to maintain trust.
4. Attend Free Events
The Christmas season doesn’t have to be a strain on your wallet. Attending free community events can provide fun and festive celebrations:
To find these events, check your local newspaper or community websites. Be sure to:
Take advantage of free refreshments, but also bring your own to share.
Consider hosting a potluck dinner before or after community events.
Attending free events supports your local community.
Remember, Christmas is about togetherness, not extravagant spending.
5. Make Your Own Decorations
To create a festive atmosphere this season, you could repurpose items around your house or make your own decorations.
Choose a color theme and gather items in those shades, then place them together on a mantel or coffee table to create a coordinated layout.
For a natural touch, clip pine needles, branches, or herbs from your garden, and enhance them with glitter.
Additional budget-friendly options include taking advantage of sales and discounts at thrift stores or crafting handmade decorations such as ribbons from fabric strips or Christmas cookie ornaments.
6. Keep Track of Your Christmas Expenses
Just like throughout the year, budgeting is critical to your financial success.
Nothing changes with Christmas, it is crucial to track and budget your holiday expenses. Jot down every potential cost – from the Christmas tree, and food, to holiday décor.
Be thoughtful about what you really need and opt for items you can use for years.
This is one of the cash envelope categories I recommend saving for. To effectively manage your expenses, assign specific dollar amounts to each item on the list, ensuring you stay within your budget.
Enjoy guilt-free spending and effortless saving with a friendly, flexible method for managing your finances.
Start Your Free Trial.
7. Share the Spirit
Embracing frugality during the holiday season can not only help you save money, but can also create memorable experiences and meaningful connections.
Small gestures, such as sending heartwarming physical letters to loved ones instead of emails, can still convey thoughtfulness and spur the holiday spirit.
By centering your holidays around family activities and endeavors, like homemade ornaments or a scavenger hunt with small gifts, the focus shifts from materialism to fellowship and unity.
Find more frugal Christmas ideas.
8. Check Out Bargain Stores
Bargain stores provide the perfect solution for savvy holiday shoppers looking to save money without compromising on quality or variety. Not only can you find unique, quirky gifts, but you can also keep a lid on your spending while doing so.
Stores like consignment shops or websites such as Craigslist often have high-quality used toys that are nearly new if you’re willing to look carefully.
Another option is to look at discount retailers like TJMaxx as they often host sales during the holiday season, making it even easier for you to save money while hunting for the perfect gifts.
9. Save Money Throughout the Year
Automating your savings for the Christmas season can be a practical and efficient strategy. The 100 envelope challenge is perfect for this!
By setting aside just $50 each month, you could accumulate up to $600 by December, providing a decent budget for your holiday expenses. This method can ease the financial stress during the holiday season, letting you enjoy the festivities without worrying about overspending.
Consider setting up automatic transfers to a high-interest savings account. This ensures your Christmas funds grow without your intervention.
Lastly, try a no-spend month where you only cover essential bills, giving your savings a significant boost.
10. Start a Side Hustle for More Money to Spend
Engaging in side hustles throughout the year can help you significantly cover your holiday expenses.
By delivering food, completing microtasks, selling gently used items, or shoveling snow, you create extra earnings that can go directly into your Christmas fund.
For instance, extra income from a seasonal retail job could help finance gift-purchasing without straining your usual budget.
This strategy not only prevents potential post-holiday debt but also allows you to enjoy the season without financial stress.
In fact, more people are interested in how to make money online for beginners.
This is the perfect side hustle if you don’t have much time, experience, or money.
Many earn over $10,000 in a year selling printables on Etsy. Learn how to get started by watching this free workshop.
If you’ve ever wanted to make a full-time income while working from home, you’re in the right place!
This intensive training combines thousands of hours of research, years of experience in growing a virtual assistant business, and the power of a coach who has helped thousands of students launch and grow their own business from scratch.
11. Shop Online Instead of Going to the Mall
Shopping online for your Christmas gifts can seriously ease your holiday stress, and potentially save you money.
Let’s explore why skipping the mall and clicking your way to a merry Christmas might be your best bet this year:
No dealing with holiday crowds or cranky shoppers.
Enjoy sales and deals without leaving your home.
Track prices over time to grab the best deals.
Use Rakuten to save even more money on purchases.
For smart online shopping, prepare a list of gifts before diving in. Take advantage of the “wish list” option on platforms to curate items of choice and make sure you first glance over deal sites before making purchases.
12. Have a Christmas Potluck
Host a festive potluck! Invite friends and family, asking each to bring their favorite dish.
Here are some tips for a successful event:
Get organized and ask guests to bring specific types of food. This prevents duplicate dishes and ensures a balanced meal.
Introduce a fun element. Try a cookie swap or a silly game like “Guess the Cookie.”
Keep decor simple. A large vase filled with greenery and baubles can effectively replace a pricey Christmas tree.
Remember simplicity is key in food and decor. Costly ingredients and complicated recipes aren’t prerequisites for a memorable Christmas.
Remember, the holiday is about togetherness, not extravagance!
13. Make Your Own Cookies
There’s a unique pleasure derived from making your own cookies during the holiday season instead of buying them. More so, the cookies you’ve invested your time and creativity into can double as thoughtful, homemade gifts, adding another level of sentiment.
Apart from being a cost-effective option, it brings an opportunity to bond with friends and family during cookie exchange or decorating gatherings.
Making your personally crafted cookies also gives you control over ingredients catering to specific dietary needs or preference
Indeed, making your own cookies adds value that surpasses the mere cost savings, it infuses the holiday season with warmth, joy, and a sense of shared experience.
14. Cross Off Activities from your Christmas Bucket List
Having a joyful Christmas doesn’t necessarily mean overspending. In fact, integrating cost-effective activities into your holiday routine can make the season more meaningful and fun.
This Christmas Bucket list post offers an extensive and diverse list of creative ideas for budget-friendly Christmas shopping, gifting, and celebrating.
Additionally, downloading the free printables and a Christmas Budget Template will make the process even more manageable and fun.
15. Have a No-Gift Party
A no-gift Christmas party is an affordable and fun holiday celebration where attendees do not exchange gifts. It’s a great option for those looking to save money and still enjoy the festive season.
Here are steps to make it happen:
Step 1: Decide on the party type, either a simple gathering or a potluck dinner.
Step 2: Inform guests about the no-gift policy in advance.
Step 3: Organize exciting, cost-effective activities such as a game night.
Step 4: Engage guests with games for a joyful event.
Expert Tip: Conversation and laughter are your best tools.
16. Make a Christmas Memory Book
Creating a Christmas memory book is an affordable and engaging way to celebrate the holiday season, especially when you’re on a tight budget.
To start, you can utilize items already at your disposal in your house such as old photos, greeting cards, and crafts.
Spend some time penning down heartfelt messages and your favorite holiday memories associated with each picture or craft. Embellish the pages with affordable decorating materials like glitter, stickers, or color pens.
Not only does this create a personalized touch, but it also serves as a nostalgic keepsake that can be cherished for years to come.
Tip: Digitize your memory book by creating an electronic version. This can also help preserve the original items.
17. Spend Time With Loved Ones
Celebrating Christmas on a budget doesn’t mean skipping on the fun.
It’s about cherishing time spent with loved ones, harnessing creativity, and making priceless memories that last a lifetime.
Here are some cost-effective activities you can embrace this festive season:
Share stories of memorable Christmas experiences.
Organize virtual celebrations with extended family and friends.
Create your own family-themed board game.
Bake Christmas cookies or make a popcorn Christmas tree.
Stream a Christmas church service.
If snow is around, engage in snow play.
Dance to classic Christmas music.
Put together an annual family calendar.
Participate in one of these Christmas Challenges!
Remember, it’s not about what’s under the tree that matters, but rather, who’s around it.
18. Stash Christmas presents all year
Do what I do! Begin addressing the issue of holiday budgeting by stashing Christmas presents all year round.
This is a smart and stress-reducing move!
Find deals throughout the year rather than spending lavishly in December. Hang on to items like discounted gifts in your secret gift closet!
As you build an inventory of diverse items, you will be ready for birthdays or sudden party invites – you’re always prepared!
Just be careful to stop shopping when your list is fulfilled to avoid overspending.
19. Write a Christmas Gift List
Creating a Christmas gift list can be an effective way to manage your holiday spending. This helps you understand the overall picture of your holiday expenditure.
Start by writing down the names of every person for whom you consider buying a gift.
Then, determine how much you’re willing and able to spend on each individual. This helps you understand the overall picture of your holiday expenditure.
Take time to brainstorm potential gift ideas within your decided budget for each person. This process can be even easier and more informative if you’re able to reference a gift list from previous years.
Ultimately, the goal is to ensure that your total intended spending is reasonable and manageable for your personal financial situation.
Remember, you may not need to buy gifts for everyone on your list – some individuals might appreciate homemade or free gifts just as much.
20. Choose Great holiday things to do for less
Set aside the societal notion of linking the joy of holidays to copious spending, and welcome small, inexpensive, yet heartfelt gestures.
Adopting a mindset that finds value in low-cost or even free activities, especially during the holiday season, can not only alleviate financial pressure but also create cherished memories.
Instead of focusing on extravagance and materialistic desires, turning attention to experiences and emotional bonding can revolutionize the celebration!
You can always find things to do on Christmas Day.
21. Think Outside the Box With Gifts
Finding affordable gifts doesn’t mean you have to sacrifice quality or thoughtfulness.
By utilizing a gift guide such as the 4 gift rule – something they want, need, to wear, or read – you can ensure a well-rounded and meaningful set of gifts for each child.
Alternately, consulting lists of inexpensive yet creative suggestions like those curated by Money Bliss can help you find unique presents that won’t break the bank. These affordable finds range from books, gadgets, to personal care items, and home accessories.
Regardless of budget, the key to successful gift-giving lies in understanding the recipient’s needs and interests.
22. Consider Re-Gifting
Re-gifting is a practical, budget-friendly, and environmentally-friendly way to celebrate Christmas. It allows unused or unwanted items another chance to be appreciated and might save you some cash too.
Here are some regifting tips:
Ensure the gift is in good condition, unwanted but quality, and not linked back to its original giver.
Consider the preferences of the new recipient, ensuring the gift suits them.
Completely re-wrap the gift to give it a fresh appearance.
Some may debate the etiquette of re-gifting but remember, it’s more about the thought and less about where the gift originated.
Making smart choices can ensure a successful and fun re-gifting experience this festive season.
23. Use Gift Cards or Cash App to Stay on Budget
Purchase a prepaid gift card from your favorite store to ensure you’re limiting your spending to a specific amount and preventing the temptation of overspending.
If you’re planning to shop from a range of places, opt for a Mastercard of Visa prepaid card. While there may be an activation fee, it’s ultimately going to be less than what you’d potentially overspend.
Another great option is using the Cash App card and learn where you can load your Cash App card.
Also, you can use budget tracker apps like YNAB or Simplifi. These can help you meticulously keep track of your spending and stay within your budget.
Remember, the key is to stick to a budget and avoid falling prey to impulsive purchases. Using gift cards or these budgeting apps makes it easier to limit and monitor your expenses.
24. Use Money Gift Ideas Wisely
Money gift ideas can be an excellent alternative to traditional presents, especially when budgeting is a critical aspect.
Too many times, money gift ideas are overlooked as impersonal, but a money gift box or money cake will definitely surprise the recipient.
This will guarantee you will stay within your target budget by using money gift ideas.
For larger families, a gift exchange with a set price limit can keep costs manageable.
25. Donate to Charity Or Volunteer
Volunteering at a charity is a meaningful way to give back during the holiday season that doesn’t put a strain on your budget.
Instead of buying more items a person may not need, you’re investing time, money, and energy in causes they care about. Although this doesn’t require a financial commitment, it’s a generous gift full of sentiments.
Furthermore, donating money to a charity in someone’s name is a thoughtful and effective way to honor someone who already has everything they need. It allows the recipient to feel the joy of giving, yet remains a budget-friendly option for the giver.
If you’re keen on frugal yet meaningful ways to celebrate Christmas, how about considering charitable donations? It’s a splendid alternative to traditional gift-giving – not hard on your wallet, plus it makes a difference!
Most people know it is hard enough to buy gifts for the woman you who has everything or kids who have everything.
How to Make a Christmas Budget
A lot of joy and goodwill is associated with the holiday season; however, it also brings with it the challenge of managing finances meticulously to avoid slipping deep into credit card debt.
One of the effective ways to keep your finances under control during this festive time is by creating an efficient Christmas budget.
In the following sections, we will delve in detail into the simple process of creating a feasible Christmas budget that you can adhere to.
Step 1: Decide What You Want to Spend on Christmas
Determining how much to spend at Christmas depends on your individual budget and financial situation.
On a general basis, most people will overspend at Christmas in order they don’t look broke or not generous.
However, that thought process is backward if you are trying to reach your financial goals. You need to decide on how much you want to spend at Christmas time.
That is why these consumable gifts tend to be popular.
Expert Tip: Avoid surpassing your Christmas budget to prevent feeling the pinch of holiday debt later on. Stick to your allocations and plan things out in advance.
Step 2: Make a List of Christmas Gifts
Creating a list is essential for budget-friendly and stress-free Christmas shopping.
This prevents you from forgetting someone important by intuitively documenting all the people you intend to get gifts for. Also, allows for the clear allocation of your total Christmas budget, preventing overspending on some individuals and under-spending on others.
If you aim to economize, consider the 4-gift rule: something they want, something they need, something to wear, and something to read. This method provides thoughtful gifts for children while maintaining a manageable budget.
More importantly, a well-planned list significantly reduces the time spent shopping and aids in buying gifts early before the holiday rush begins.
Expert Tip: Don’t forget to consider items like stocking stuffers, last-minute gifts, or teacher’s gifts, and the cost of extra food for holiday gatherings.
Step 3: Prioritize Your Spending
Prioritizing where to spend money relative to your financial goals is crucial to achieving long-term financial stability and health. It ensures that your money is allocated effectively, giving priority to necessities and matters that directly support your objectives.
This practice can also prevent unnecessary expenditures and helps in averting serious overspending, especially during high-spending periods like the Christmas season.
Thus, you will need to prioritize your Christmas budget before the festive season. It helps prevent overspending and keeps you debt-free.
Step 4: Limit Your Christmas Spending
First, it is important to abandon the notion of a “perfect Christmas” and focus on enjoying the holiday within your budget.
You can even educate your family members about the concept of holiday budgeting and involve them in your planning process.
Consider proposing less expensive alternatives to traditional gift-giving within your extended family such as handmade or recycled gifts, or conducting a white elephant exchange with budget-friendly novelty items.
Don’t overlook smaller gifting costs that can accumulate, like Christmas stockings – instead fill them with practical, affordable items that your family needs.
Save money on wrapping supplies by using items readily available at home like newspaper or butcher paper and involve the kids in a fun, cost-saving activity by having them create homemade gift tags.
Remember, sticking to your budget doesn’t mean letting go of the Christmas spirit. It’s about celebrating responsibly and starting the New Year without financial stress.
Step 5: Ignore Sales and Keep it Simple
Sales, sales, sales – the deal is too good to pass up!
Here are key ways to overcome this common dilemma.
Resist impulsive purchases compelled by sales, and stick strictly to your shopping list.
Pause before purchasing an item not on your list, consider the necessity.
Keep emotions in check, they run our shopping decisions.
Conquer emotional spending, stay true to your budget.
Discourage additional spending once your list is fulfilled and the budget exhausted.
Remember that it’s better to focus on affordable presents rather than seeking the perfect, but expensive, gift.
Step 6: Shop for Christmas Gifts Early
Start early. Begin watching for sales on items from your Christmas gift list way before the season’s rush.
Begin monitoring for sales early, especially during holidays that precede Christmas, to stretch your budget further.
Make use of Black Friday and Cyber Monday. They provide excellent opportunities to snag deals on your gifts.
Expert Tip: Remember to stick to your list. If it isn’t on your list, pass it up. It’s challenging but keeps your budget in check.
Step 7: Reuse and Recycle Holiday Decorations
Start by taking stock of items in your house. Don’t limit yourself to traditional decorations—choose a color theme and scan your home for items that fit and can be repurposed.
Use the resources outdoors. Pine branches, pine cones, mistletoe, and holly can be fashioned into decorations from nature’s catalog.
Even consider trading decorations with friends or family. This can bring a new look to your home without the need for new purchases.
Get creative with items from dollar stores that can be combined to appear high-end and save costs.
How to buy gifts for Christmas on a budget?
Maintaining a budget doesn’t mean you can’t enjoy giving gifts this Christmas.
Use these gift guides to help you out:
Remember, the joy is in the giving, not in the cost of the gift.
Time to Create Your Holiday Budget and Make it Memorable
Regardless of your financial situation and the extent of your holiday plans, this guide will help you maintain financial stability while fully embracing the Christmas spirit.
By setting aside a prescribed sum for your holiday expenses, you’re able to enjoy the season without the stress of unexpected expenditures or financial shocks after the holiday haze has cleared.
Celebrating Christmas on a budget doesn’t mean skipping the fun or the warmth.
With just a dash of creativity and thoughtful planning, you can make the yuletide season enjoyable and meaningful without breaking the bank.
Use the festive tips provided and start planning your budget-friendly Christmas now. Remember, the true essence of Christmas isn’t in extravagant spending—it’s about love, joy, and spending quality time with those who really matter to you.
Don’t forget to access a free printable worksheet for your customized holiday budget.
Know someone else that needs this, too? Then, please share!!
Creating a sleek space is simple and can involve elevating pieces you already own.
If your living room is feeling dull or just plain outdated, elevating your living space to have a more modern and sleek feel is your solution. Modern decor seamlessly blends style with functionality, creating an ambiance that feels timeless but also in the moment. It’s also important to note that modern and contemporary styles hold key distinctions, and we’ll note some differences to look for later.
From the muted perfection of neutral tones to the boldness and power of a few carefully placed statement pieces, our 13 tips will transform your living room into a modern masterpiece. No matter your personal aesthetic, crafting a living room that transcends time and trends feels unmistakably modern.
What makes a modern space, modern?
Modern decor is defined as distinct features that, together, create a sleek, clean and sophisticated aesthetic. As decor trends evolve and experience fluctuating popularity, modern decor shines in what seems to be timelessness. However, like everything else, modern decor retains some strong influences with aesthetics developed decades ago.
That’s perhaps why the term “modern” is frequently misused in the realm of interior decoration. Its confusion with the contemporary style is fairly widespread.
The modern style that we encounter today actually stems from a German design movement that originated at the cusp of the 20th century, specifically the Bauhaus movement. This so-called “modern” style in furnishings and decor dominated the early-to-mid 20th century before transforming to another style we love today, mid-century modern.
Modern design pays homage to natural materials, employs neutral or earthy tones and embraces a minimalist approach by removing excessive embellishments. While contemporary styling can encompass a diverse color palette that carries some brash, bohemian influences at times, the modern style more strictly adheres to monochromatic hues in lieu of anything overtly loud or adventurous.
Modern vs. Contemporary: Telling Them Apart
Because the distinctions between modern and contemporary styles still probably seem confusing, we’ll break it down into bullet points so you get the exact style you’re going for. If contemporary calls to you, great! You’ve found new language for the look you envision, and that’s never a bad thing.
Modern
Functional furniture pieces with clean lines
Minimalistic vibes, mid-century influence
Neutral color usage throughout most of the room
Furniture that serves more than one purpose
Sparse natural material embellishments that add visual interest
Contemporary
An eclectic fusion of diverse influences
Bold patterns and textures, and sometimes colors
Dramatic and sculptural lighting fixtures
Functional art pieces that blur the line between form and function
Global inspirations
Signature furniture pieces with unique silhouettes and unconventional shapes
Eclectic mix of classic pieces with modern elements
13 modern living room tips to update your space
The key to a successful modern living room design is finding a balance between functionality, aesthetics and your personal style preferences. These tips offer guidance to work conjunctively with your own unique tastes to achieve your modern masterpiece.
1. Paint the walls a neutral color
If you’re allowed to paint your walls in a rental (make sure to check with your landlord first), this is a great way to set the modern tone in your space. Whether that be a crisp off-white or a cool grey, neutral wall tones can shift the space from feeling dull to more modern in a few paint strokes.
2. Install open shelves
An open display shelf is a great way to combine clean lines and functionality. For a rustic modern look, try a wooden ladder propped up against the wall and adorned with your favorite decor items.
3. Adorn the room with a natural rug
Modern living rooms often feel too simple, leading to a sterile feeling that just isn’t homey. Add visual interest to the space with textures like a natural rug. A faux cowhide rug, furry rug or even a woven jute rug can break up the monotony of neutral tones and minimalist furniture while maintaining a stylish and inviting atmosphere.
4. Illuminate the room with a simple floor lamp
By incorporating a simple floor lamp into your modern living room decor, you create a well-lit and visually appealing space. This piece offers some creative freedom when it comes to choosing the style of the lamp.
5. Make a statement with an artistic focal piece
A statement art piece serves as the visual center of attention in your living room. It’s the first thing that catches the eye when someone enters the room, which sets the tone for the entire space. This is important in modern design, where bold and captivating art piece breaks the monotony of minimalism and adds intrigue.
6. Opt for acrylic or glass pieces
Acrylic and glass pieces are a great option for working with a limited color scheme. Plus, they look space-age and modern. For example, a transparent coffee table creates sleek sharp lines while naturally matching the colors around it. Acrylic furniture is also inexpensive and is easily repurposed in other rooms.
7. Add smart home technology
Part of the modern aesthetic is the newest and freshest technology. Smart devices complement modern spaces well and seamlessly integrate into the sleek and minimalist design. Think smart lighting, speakers and other on-trend appliances.
8. Go bold with geometric patterns
Introduce modern geometric patterns through rugs and throw pillows to infuse a contemporary vibe. Choosing a pattern that resonates with your personal taste is a great way to add personality to the space as well.
9. Play with decorative mirrors
Mirrors are great decor pieces that naturally reflect light which helps the space feel larger. On top of their benefits related to room size, they’re also neutral when it comes to fitting a color scheme. (And if you liked the one we featured two photos up, we linked to one similar to it here.)
10. Create continuity with strategically placed wood items
Wooden furniture is a staple when it comes to monochromatic living rooms. The natural color of the wood often seamlessly fits into the feel of the room, while remaining a timeless piece with repurposing opportunities in other decor themes down the road.
11. Remove furniture to create negative space
Negative space, which is defined as the intentional creation of empty spots, is a common theme in modernly decorated spaces. Less is more in a modern living room, so purging unnecessary decor items and furniture is a must.
12. Add wall-mounted shelves and open up floor space
If you struggle to fill large open shelving and want to utilize wall space, opt for wall-mounted storage, like floating shelves. This also creates more negative space, helping give your space a more modern feel.
13. Make use of monochrome
Picking one color and using varying shades is the most common theme found in modern decor. The easiest way to go about crafting your color scheme is to select a base color and gather shades, tints and tones of that color. Create depth with contrasting light and dark variations by consulting paint experts or using color templates on Pinterest and other design platforms.
Your modern living room awaits
Incorporating these tips can help you craft a modern living room that exudes confidence and functionality while keeping with the times. With these tips and recommendations, you can easily achieve a modern living space that embraces both contemporary aesthetics and your unique preferences — even without hiring an interior designer.
Remember, modern design is about embracing simplicity and making every piece count, resulting in a space that feels efficient and effortlessly up-to-date. Find your dream apartment to make your modern muse today!
At Rent., our goal is to be the most efficient digital resource to help people find and live in a place they love. We strive to help renters make informed decisions by providing them with valuable information and advice, including money-saving tips, local guides, HD photos and certified ratings and reviews from actual residents.
If you’re considering moving to Cleveland, Ohio, it’s crucial to carefully evaluate the advantages and disadvantages of calling this vibrant city home. Known for its rich cultural heritage, diverse neighborhoods, and unique attractions, Cleveland offers a distinctive living experience. Whether you’re contemplating purchasing a home in Cleveland or seeking an apartment for rent, we will delve into ten pros and cons to guide you in deciding if Cleveland aligns with your vision of an ideal place to live.
1. Diverse culture and arts scene
Cleveland’s cultural and arts scene is a vibrant tapestry of creativity and expression. The Cleveland Museum of Art, one of the top art museums in the nation, houses an extensive collection spanning various cultures and time periods. The iconic Rock and Roll Hall of Fame celebrates the history of music, and Playhouse Square offers world-class theater productions.
2. Affordable housing
One of Cleveland’s standout advantages is its affordability, especially in the housing market. The average sale price for a home in Cleveland is $117,000 compared to the national average of $416,000. You’ll find that your dollar goes much further here. This affordability opens up opportunities for both homeownership and quality rentals in neighborhoods that suit your lifestyle.
3. Thriving healthcare and research
Cleveland is a global hub for healthcare and medical research. The world-renowned Cleveland Clinic and University Hospitals are leaders in patient care and groundbreaking medical research. Living in Cleveland provides access to top-notch healthcare and opportunities for those interested in healthcare professions or medical research.
4. Great food and craft beer
Foodies and beer enthusiasts will feel right at home in Cleveland. The city’s culinary scene is diverse, offering everything from Michelin-starred restaurants to food trucks serving up delicious street eats. Craft beer lovers can explore a burgeoning brewery scene with an array of unique and flavorful brews.
5. Natural beauty and outdoor activities
Cleveland’s natural beauty is a hidden gem. The city boasts stunning Lake Erie shores, the Cuyahoga Valley National Park, and numerous parks and trails. These outdoor spaces provide ample opportunities for hiking, biking, and exploring nature, making it an ideal place for outdoor enthusiasts.
6. Sports culture
Cleveland has a sports culture that runs deep. With professional teams like the Cleveland Browns (NFL), Cleveland Cavaliers (NBA), and Cleveland Guardians (MLB), the city offers year-round excitement for sports fans.
7. Winter weather
While Cleveland shines in the warmer months, the city experiences harsh winters with cold temperatures and significant snowfall, 63.8 inches per year on average. Be prepared for challenging weather conditions during the winter months, including icy roads and snow-covered sidewalks.
8. Economic challenges
Cleveland’s cost of living may be lower than in larger cities, but it does face economic challenges. Job opportunities in certain fields may be limited compared to larger metropolitan areas, so job seekers should research their prospects carefully.
9. Lake effect snow
Cleveland is susceptible to heavy lake-effect snowfall, which can disrupt daily life during the winter season. Residents should be prepared for winter driving conditions and potential snow-related inconveniences.
10. Limited amenity hours
In some areas of Cleveland, you may find that amenities such as grocery stores, restaurants, and entertainment venues have limited operating hours, especially during the evenings. This can be inconvenient if you’re accustomed to the 24/7 availability of services in larger cities. Planning your activities and shopping accordingly may be necessary.
Deciding whether Cleveland is a good place to live requires thoughtful consideration of these pros and cons. By evaluating these factors in alignment with your personal preferences, lifestyle, and priorities, you can make an informed decision about whether Cleveland is the right city for you.
Townhouses offer convenience and amenities that appeal to a range of homebuyers. They’re also growing in popularity, with new townhouse construction up more than 28% from 2020 to 2021. Construction costs also increased during the same time period.
Whether you’re building an investment property or your own new home, determining the project cost is essential before breaking ground. The cost to build townhouses depends on the size, location, number of units, onsite amenities, and the style of the building.
What Is a Townhouse?
A townhouse, also called a townhome, is a type of single-family home that has two or more floors and a shared wall with at least one other home. Compared to different home types, like duplexes and triplexes, each townhouse is individually owned and has its own entrance. Given the high-density design, townhouses tend to be more common in urban and suburban communities.
Townhouses often have their own yard or garage, but may share other communal amenities, such as a pool or tennis court, with neighboring townhouses. These shared facilities are typically governed by a homeowner’s association (HOA), which townhouse owners pay fees to for managing amenities and providing services like landscaping and snow removal.
If choosing between a condo or townhouse, another distinction is that townhomes usually have more autonomy in customizing the exterior of their home and outdoor living space, and more responsibility for that space as well.
First-time homebuyers can prequalify for a SoFi mortgage loan, with as little as 3% down.
Recommended: What is a Townhouse?
What Determines the Cost of Building a Townhouse?
The cost to build townhomes depends on a variety of factors. The type of townhouse, size, number of units, location, and additions like garages and basements all contribute to the total construction cost.
Here’s what to consider when estimating how much to build a townhouse.
Type of Townhouse
There are different types of townhouse layouts and configurations, including traditional, stacked, and urban.
• Traditional: Generally organized in a row with two floors of living space, a basement, and garage.
• Stacked: Refers to townhouse units stacked in a multi-floor building, which typically have their own entrances.
• Urban: Similar to traditional townhomes, but often have more modern and spacious floor plans and higher prices.
Another key decision when purchasing a new construction home or townhome is whether to go with a modular or stick-built design. The components of a modular townhome are manufactured off-site, saving time and labor.
Stick-built townhouses are constructed on-site using a wooden frame and finished with a brick or vinyl exterior. This type of construction allows for greater customization, but generally comes at a higher cost than modular townhomes.
Recommended: Pros and Cons of Building a Townhouse
Square Footage
The cost to build a townhouse is impacted by the size, which is measured in square feet.
Townhomes cost between $111 to $125 per square foot on average. Because townhouses share walls and occupy smaller lots, they’re often more affordable than detached single-family new construction, which breaks down to an average of $150 per square foot.
Using the square footage to estimate total townhome cost is a fairly straightforward calculation. For instance, builders can expect to pay between $222,000 and $250,000 to erect a 2,000-square-foot townhouse based on the average range. Bear in mind that does not include the cost of the building site.
With these estimates, you can compare mortgage rates and determine what financing you qualify for.
Number of Rooms
The interior layout, including the number and types of rooms, is a key determining cost factor.
Not all rooms are created equal though, with kitchens and bathrooms being the most expensive due to appliances, tiling, plumbing, and more complex electrical work. The living spaces and bedrooms are generally simpler and cheaper to build.
💡 Quick Tip: You deserve a more zen mortgage. Look for a mortgage lender who’s dedicated to closing your loan on time.
Number of Units
By definition, townhouses are built in groups. Leveraging economies of scale to build multiple units or a complex could reduce the cost per unit. Keeping the design and floor plan consistent across units can also lower the price.
So, how much does it cost to build a townhouse complex? That depends on the extent of amenities included, as well as the number of units.
Location
Location, location, location. Where you choose to build a townhouse will impact the cost of construction and its value once completed.
The cost of labor varies significantly between regions. Paying builders and contractors typically accounts for 40% of new home construction expenditures. The location of the townhouse also matters in terms of costs related to accessing the site and sourcing materials.
Additions
Wondering how much to build townhomes with attractive amenities? Here’s what you can expect to pay for common townhome add-ons.
• Basement: Building a basement foundation costs between $24,000 and $44,500 on average.
• Driveway: The materials and installation costs for a new driveway range from $2 to $15 per square foot depending on the material used.
• Fencing: More affordable fence materials like wood, vinyl, and composite range from $10 to $45 per linear foot.
• Garage: Cost varies by size, with one-car garages ranging from $10,500 to $27,000 and double garages costing between $14,500 and $40,300.
• Pool: Expect to pay between $28,000 and $66,500 for an in-ground pool, with vinyl and fiber-glass lining typically costing less than concrete.
• Shed: Adding a storage shed ranges from $300 to $15,000, with pre-fabricated options usually costing less than custom builds.
💡 Quick Tip: Your parents or grandparents probably got mortgages for 30 years. But these days, you can get them for 20, 15, or 10 years — and pay less interest over the life of the loan.
Construction Cost for Building a Townhouse
Construction costs are often the deciding factor when thinking of buying or building a house. Townhouses are generally less expensive to build per unit than a detached single-family home.
In addition to the factors discussed above, townhouse construction involves a range of pre-construction costs, like purchasing land, building permits, and architectural or design fees. The materials and labor usually account for the majority of the expenses to build a townhouse.
Townhouses can be designed as starter homes or luxury properties, and project budgets can be structured according to the target market and expected return on investment. Still wading into the waters of homebuying? Consult a Home Loan Help Center for useful tips and guides to master the basics.
Recommended: Construction Loans for Building a House
The Takeaway
How much does it cost to build a townhouse? In short, it depends on the type of townhouse, size, number of units, location, and added amenities. But you can estimate roughly $111 to $125 per square foot or $225,000+ for a 2,000 square-foot abode, not including land cost.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% – 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It’s online, with access to one-on-one help.
SoFi Mortgages: simple, smart, and so affordable.
FAQ
How many townhouses can fit on an acre?
The number of townhomes that can fit on an acre will depend on what’s permitted by local zoning, as well as space allocated for landscaping, parking, and other amenities. However, an acre can accommodate around 20 two- or three-story townhomes.
How much are utilities in a townhouse?
Utility costs vary by location, unit size, personal energy use, and equipment used for heating and cooling. Due to their smaller footprint, townhomes typically have lower utility bills than single-family homes.
Should I buy a townhouse or single-family home?
There are pros and cons with either type of home. Townhomes may require less maintenance and include extra amenities, while single-family homes can offer more space and discretion in how you design and decorate your home’s exterior.
What are the disadvantages of living in a townhouse?
Living in a townhouse can mean less privacy from your neighbors and noise from shared walls.
Photo credit: iStock/vkyryl
*SoFi requires PMI for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Minimum down payment varies by loan type.
SoFi Loan Products SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
SoFi Mortgages Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility for more information.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Warmer weather and longer days call for firing up the grill and cooking delicious food. But you may need to take extra precautions. Grills cause an annual average of roughly 10,600 home fires each year. With less space, apartments are especially susceptible. Nothing puts a damper on summer barbecues like a visit from the fire department or having to head to the emergency room to deal with burns.
Luckily, these grilling safety tips will keep you, your family, your neighbors and your apartment safe.
Top tips for apartment grill safety
Prevent accidents and serve up some of the best barbecue cooking around with these grilling safety tips.
1. Check your local laws and regulations
For fire hazards and health and safety reasons, many municipalities, cities and towns have rules about grilling near or around apartment buildings and multi-family housing developments. Sometimes, landlords prohibit certain types of grills, while other times they’ll keep the grill a certain distance away from a structure.
2. Make sure you’re allowed to have a grill in your apartment
First things first, you should never use a grill intended for outdoor use inside your apartment. The smoke and flames can set off fire alarms, start fires and produce toxic amounts of carbon monoxide. No apartment complex will let you use an outdoor grill indoors. If they do, run as far away from that property as possible. It’s probably not a safe place to live if they allow you to grill inside. So, don’t even think about grilling inside your apartment. Try other options like ovens or stoves.
Secondly, you need to double-check what rules your landlord or apartment building has about using grills. Some may allow it with conditions, while others will flat-out prohibit it. Before investing in that great grill you saw, confirm your apartment complex and landlord actually allows it.
3. Can you use gas grills or charcoal grills?
Similar to reading the fine print of your rental agreement to see where you can use a grill in your apartment, you also need to see if there are rules about what kind of grill you can have. There are many different kinds, from solid-fueled grills to gas or charcoal.
Charcoal and gas grills are the two most popular and best known. Charcoal grills are great for adding a smoky flavor to your food. Gas grills use either propane tanks or natural gas. If your apartment doesn’t allow either of the above, electric grills are safe, easy to use and just as good at cooking as the other options.
4. Figure out where you can have a grill in your apartment
Location, location, location. When it comes to grills, it’s one of the most important factors. Your landlord might have strict stipulations about where you can use and store a grill. Some will allow grills on balconies or patios but may have specifications about how far to keep it from the building. It’s possible to safely grill on patios and balconies provided it’s not enclosed and the grill isn’t close to anything flammable.
5. Keep the grill secure
One minute, you’re grilling on your balcony or patio, preparing delicious food for your family and friends. The next minute, a strong gust of wind blows it over. Secure your grill to something sturdy and non-flammable using a strong chain. Also, keep it on a flat surface where it can’t roll away or fall over.
6. Keep starter fluids out of reach and safely stored
Another apartment grilling safety tip is to keep anything that could provide fuel and boost flames or coals away from the grill when not in use. This includes charcoal starter fluid, lighter fluid and any other flammable liquids. Securing them inside a metal container is one option.
Potentially dangerous grill accessories, like the meat thermometer, should also be kept out of reach of tiny hands.
7. Have a fire extinguisher on hand
You should have one in your apartment already. But just in case you don’t, make sure to get a fire extinguisher to keep by your grill.
8. Keep baking soda and salt close by
If you have a gas grill or charcoal grill, these two basic ingredients are your two best friends. Why? They’re excellent tools for stopping fires. In the event of gas grill fires or a grease fire, remain calm and follow these steps.
First, turn off the heat source if you can. Next, try to smother the flame to cut off its oxygen. This could be closing the grill tightly or placing a pot or pan over the flame. If you can’t cover the open fire completely or safely, throw salt or baking soda over it to extinguish the flame.
One thing to remember: NEVER throw water on grease fires. It will only cause flare-ups and make the fire even bigger.
9. Keep your grill clean
It’s important to keep your grill clean of built-up fat, cooking residue and other detritus. Fat buildup on grills can cause flare-ups as it melts and drips onto coals or other heat sources. So, make sure to thoroughly clean your grill after each use.
10. Keep the grill away from flammable materials
Place your grill in an open area far from anything that could easily catch fire. This is anything from other structures, like wooden partitions or columns on a balcony, to hanging baskets or furniture. Also, be careful of things like apron strings, shirttails and loose clothing. All it takes is one gust of wind to blow an apron string too close to the coals and lighting on fire.
11. Keep grills in a well-ventilated area
Smoke and carbon monoxide build-up are serious risks, so make sure to grill in well-ventilated, open-air places.
12. Check your gas grill or propane grill for leaks
A gas leak can turn grilling time into a disaster in no time at all. To check for leaks, mix some water and light soap together to form a soapy water solution. Using a spray bottle or brush, apply the mixture to the connection spots between the gas source and grill. Turn the gas grill on and watch for bubbles forming in the solution. If you see bubbles, that means there’s a leak.
Check for leaks when you haven’t used the grill in a while.
13. Keep children and pets away unless supervised
Never let young family members, children or pets play or hang out too close to the grill. Bumping into the grill can cause burns or worse.
14. Never leave the grill unattended while cooking
It doesn’t just put your meat and food at risk of overcooking or burning. Leaving your grill unattended is an invitation to all sorts of problems. Something could catch fire or someone could hurt themselves. Always monitor the grill when it’s in use.
Even after cooking, keep the lid closed at all times. Charcoal can stay hot for hours, and hot coal blown out of the grill can start a fire.
15. Keep a first aid kit handy
Hopefully, you won’t have to use it because you’ll be using all of these grilling safety tips. But sometimes, hot fat drips or grease can splash onto skin, in which case it’s great to have a first aid kit close at hand.
16. Use the common area grill
Some apartment complexes will have community grills in communal outdoor areas for everyone’s use. If you’re prohibited to have a grill in your own apartment, this is a great backup option for grilling food for events and gatherings.
All the above safety tips should still be closely followed. Since anyone in your building can use the grill, you don’t have a guarantee that everyone is taking proper care of the grill, like cleaning it correctly or frequently enough.
17. Use an electric grill
If you can’t have a gas or charcoal grill and your apartment building doesn’t have communal ones, you can always invest in an electric grill for indoor use. Completely safe for indoor use, an electric grill will still meet all your grilling needs without potentially lighting home fires.
Grill safely and happily with these tips
Just because you live in an apartment doesn’t mean you have to forego homemade barbecue. With these grilling safety tips, grill and cook food safely in your apartment without worry.
Zoe Baillargeon is an award-winning writer and journalist based in Portland, Oregon, where she covers a variety of beats including travel, food and drink, lifestyle and culture for outlets like Apartment Guide, Rent., AFAR.com, Fodor’s, The Manual, Matador Network and more. In her free time, she enjoys traveling, hiking, reading and spoiling her cat.
Considering taking out a $350K mortgage to purchase a home? It’s important to understand the upfront cost associated with a mortgage and to factor the monthly payments associated with it into your budget.
So how much will a $350K mortgage cost per month? This will vary based on factors such as interest rate, the terms of the loan, and more.
Total Cost of a $350K Mortgage
Monthly mortgage payments are a recurring expense homebuyers should include in their budget, but there are also some one-time and long-term costs they should keep in mind when determining how much home they can afford.
Upfront Costs
The largest upfront cost associated with a mortgage is likely the downpayment on the property. The median downpayment on a home is 13%, but if a buyer wants to avoid fees, including private mortgage insurance, they may have to put at least 20% down.
If a buyer puts 20% down and takes out a $350K mortgage, they’re likely putting down around $87,500.
On top of a down payment, buyers are expected to pay for some or all of the following before closing, including:
• Abstract and recording fees: $200 to $1,200 and $125, on average, respectively
• Application fees: up to $500
• Appraisal fees: $300 to $400
• Attorney fees: $150 to $400/hour
• Home inspection fee: $300 to $500, on average
• Title search and title insurance fees: $75 to $200
These may all be non-negotiable costs, but it’s also worth keeping in mind your wants for a new home, including furnishings and the cost for professional movers. 💡 Quick Tip: Buying a home shouldn’t be aggravating. SoFi’s online mortgage application is quick and simple, with dedicated Mortgage Loan Officers to guide you from start to finish.
Long-Term Costs
Payments on a $350K mortgage are due every month, but there are also long-term costs on the horizon for homeowners. It’s important to factor in the costs of maintenance and repair to a property over time.
In general, it’s good to follow the 1% savings rule. That means a homeowner should aim to set aside 1% of the home’s purchase price annually and earmark it for repairs or maintenance.
Saving this upfront can keep homeowners from dipping into emergency funds for repairing the HVAC or fixing a leaky roof.
First-time homebuyers can prequalify for a SoFi mortgage loan, with as little as 3% down.
Recommended: First-Time Homebuyer Guide
Estimated Monthly Payments on a $350K Mortgage
The cost of monthly payments on a $350K mortgage will come down to a few factors:
• Downpayment: How much the buyer puts down initially
• Loan term: Including the length of the loan (15- vs. 30-year) and the structure of the payoff schedule (fixed-rate or adjustable-rate mortgage)
• APR: The annual percentage rate of the mortgage
Monthly Payment Breakdown by APR and Term
The APR a homebuyer gets when applying for a $350K mortgage will vary based on market rates as well as the borrower’s financial history.
APR and the mortgage term will impact the total mortgage paid each month. As you can see, the monthly payments for a 15-year loan can be much higher than the payments for a 30-year loan. Remember, though, that over its lifetime, the 30-year mortgage is typically more costly because interest costs are higher.
Interest rate
15-year term
30-year term
3%
$2,417
$1,475
3.5%
$2,502
$1,571
4%
$2,588
$1,670
4.5%
$2,677
$1,773
5%
$2,767
$1,878
5.5%
$2,860
$1,987
6%
$2,953
$2,098
6.5%
$3,049
$2,212
7%
$3,146
$2,329
Keep in mind these estimates do not include insurance or property tax estimates, which may be rolled into monthly payments.
Consider using a mortgage calculator to determine monthly mortgage estimates based on APR and loan terms.
Recommended: The Cost of Living by State
How Much Interest Is Accrued on a $350K Mortgage?
The total interest a homeowner will accrue on a $350K mortgage depends on the interest rate and loan length. An owner will pay more in interest the higher the rate and the longer the loan length.
On a $350K mortgage at 4.5% interest and 30-year loan term, you would accrue around $288,423.49 in interest over the life of the loan. Borrow the same amount at the same rate for a 15-year loan term, and you would accrue $131,945.77 in interest. 💡 Quick Tip: To see a house in person, particularly in a tight or expensive market, you may need to show the real estate agent proof that you’re preapproved for a mortgage. SoFi’s online application makes the process simple.
$350K Mortgage Amortization Breakdown
Another helpful way to contextualize monthly payments on a $350K mortgage is through an amortization schedule, which breaks down payments by interest and principal.
For example, if a buyer secures a $350K mortgage with a 4.5% APR over a 15-year loan, their monthly payment will be roughly $2,677. With a longer loan term, an owner has lower monthly payments. However, it takes longer for a homeowner to pay down the principal, and over the life of the loan, the borrower with a 30-year term will pay more interest. Here’s an amortization scenario for a $350K mortgage with a 4.5% APR and a 30-year loan term, showing how the payment breaks down between interest and principal each year:
Year
Beginning balance
Interest paid
Principal paid
Ending balance
1
$350,000.00
$15,634.49
$5,646.31
$344,353.71
2
$344,353.71
$15,375.09
$5,905.71
$338,448.02
3
$338,448.02
$15,103.79
$6,177.01
$332,271.03
4
$332,271.03
$14,820.03
$6,460.77
$325,810.28
5
$325,810.28
$14,523.21
$6,757.59
$319,052.71
6
$319,052.71
$14,212.76
$7,068.04
$311,984.70
7
$311,984.70
$13,888.08
$7,392.72
$304,591.99
8
$304,591.99
$13,548.45
$7,732.35
$296,859.66
9
$296,859.66
$13,193.25
$8,087.55
$288,772.11
10
$288,772.11
$12,821.70
$8,459.10
$280,313.02
11
$280,313.02
$12,433.09
$8,847.71
$271,465.32
12
$271,465.32
$12,026.59
$9,254.21
$262,211.16
13
$262,211.16
$11,601.49
$9,679.31
$252,531.86
14
$252,531.86
$11,156.82
$10,123.98
$242,407.90
15
$242,407.90
$10,691.73
$10,589.07
$231,818.84
16
$231,818.84
$10,205.27
$11,075.53
$220,743.33
17
$220,743.33
$9,696.44
$11,584.36
$209,159.00
18
$209,159.00
$9,164.27
$12,116.53
$197,042.50
19
$197,042.50
$8,607.65
$12,673.15
$184,369.37
20
$184,369.37
$8,025.45
$13,255.35
$171,114.03
21
$171,114.03
$7,416.49
$13,864.31
$157,249.75
22
$157,249.75
$6,779.57
$14,501.23
$142,748.54
23
$142,748.54
$6,113.40
$15,167.40
$127,581.15
24
$127,581.15
$5,416.62
$15,864.18
$111,716.98
25
$111,716.98
$4,687.81
$16,592.99
$95,124.00
26
$95,124.00
$3,925.53
$17,355.27
$77,768.75
27
$77,768.75
$3,128.24
$18,152.56
$59,616.20
28
$59,616.20
$2,294.31
$18,986.49
$40,629.73
29
$40,629.73
$1,422.08
$19,858.72
$20,771.02
30
$20,771.02
$509.77
$20,771.03
$0.00
These monthly payments do not take into account additional costs, like taxes and insurance, that may be bundled into the monthly payment.
What Is Required to Get a $350K Mortgage?
The mortgage process can be confusing, but here are a few requirements to expect during the process:
• Your credit score will impact your APR. Borrowers need a score of at least 500 for some mortgages, but most lenders require a score of 620 or more
• Prequalification can be an important tool in the buying process. You will provide some basic information and the lender will do a soft credit inquiry. You’ll emerge with a sense of what rate the lender might offer.
• Once you know how much money you need to borrow, getting preapproved for a mortgage is an important step. You’ll fill out a mortgage application and provide documents, such as proof of income, tax returns, and bank account statements. If you’re preapproved, you’ll receive a letter granting conditional approval to borrow the amount within a certain window, typically 60 to 90 days. SoFi’s Home Loan Help Center offers more information on this process.
The Takeaway
A home is a serious purchase, and creating a budget beforehand is important. Understanding monthly payments on a $350K mortgage could help you determine if you can afford the home in the long run and help you budget for future expenses.
Factors like the loan length and APR will impact the monthly mortgage payment, and it’s worth considering different types of loans to determine which is the best fit for your finances.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% – 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It’s online, with access to one-on-one help.
SoFi Mortgages: simple, smart, and so affordable.
FAQ
What’s the monthly payment on a $350,000 mortgage?
The monthly payment on a $350K mortgage could range from $1,500 to $3,200, depending on the loan’s interest rate and term. And that’s not including some fees that may be incorporated in the loan payment, such as insurance payments.
How much down payment do I need for $350,000 mortgage?
To make a 20% down payment on a property with a $350,000 mortgage, you would need $87,500. Many buyers make lower down payments, however. Some as low as 3%.
Can I afford a $350,000 mortgage on a $95,000 salary?
It would be difficult to cover the monthly payments for a $350,000 mortgage on a $95,000 salary — you would be better off borrowing less. Use an online mortgage calculator to zero in on the amount you can truly afford to comfortably borrow.
Photo credit: iStock/Joe Hendrickson
*SoFi requires PMI for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Minimum down payment varies by loan type.
SoFi Loan Products SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
SoFi Mortgages Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility for more information.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
In the realm of interior design, it’s often the smallest details that make the most significant impact. Enter wall molding and trim – the unsung heroes of home transformation. From the graceful curves of crown molding to the intricate wainscoting, these architectural accents can elevate any living space.
Whether you’re adding wall molding to your home in Chicago, IL, your condo in Birmingham, AL, or just want to learn more, this Redfin article will cover the different types of wall molding. We also have expert advice, along with tips and tricks for adding these decorative elements to your home. Let’s get started.
What are wall moldings?
Wall moldings, also known as wall trim, are decorative architectural elements that adorn the edges and surfaces of walls in homes and buildings. Wall moldings come in various shapes, sizes, and styles, and they are typically made from materials like wood, plaster, or composite materials. They can include details like baseboards along the floor, crown molding along the ceiling, chair rails at a mid-height level, and wainscoting on the lower part of the wall. Wall moldings not only provide texture, depth, and character – but they also create a sense of elegance and sophistication in a space.
“Adding wall molding is a transformative touch that can infuse elegance and depth into your rooms,” shares Fred Weiner, CAPS, principal of THP Builders. “It’s a fantastic way to create architectural interest and define spaces. From framing artwork to delineating accent walls, wall molding opens a world of design possibilities.”
10 types of wall moldings to add to your home
From the rustic charm of beadboard to the intricate detailing of panel molding, each wall molding option is brimming with charm and the potential to transform your space.
1. Crown molding
Crown molding, also known as ceiling molding, adds a touch of elegance where the walls meet the ceiling. It comes in various profiles, from simple to sophisticated designs, and serves to visually expand the height of a room.
2. Corbel Molding
Corbels are decorative brackets that protrude from a wall, adding architectural flair. They can be placed under shelves, countertops, or as standalone accents.
3. Casing molding
Trim pieces that frame doors and windows are called casing molding. They form a border around these openings, often with smooth, straightforward profiles that blend with the surrounding architecture.
4. Chair rail molding
Chair rail molding in a home is a horizontal strip that runs along walls, typically at the height of a chair back. It adds a horizontal line of interest to the walls while protecting them from chairs and furniture.
5. Picture rail molding
Picture rail molding is a horizontal strip positioned higher on walls, designed for hanging artwork and decorations without damaging the wall surface. It acts as a practical and aesthetic solution for displaying items.
6. Baseboards
Baseboards are the molding that runs along the bottom of the wall where it meets the floor. They provide a clean transition between the wall and floor while protecting the wall from potential scuffs and damage.
7. Panel molding
Panel molding creates the illusion of raised or recessed wall panels, adding depth and texture to the surface. It usually consists of strips that form geometric patterns.
8. Wainscoting
Wainscoting is a decorative treatment where panels or molding are applied to the lower portion of walls, typically below chair rail height.
9. Beadboard
Beadboard is a type of wall paneling featuring narrow, vertical planks with rounded ridges or “beads” between them. It adds a cozy, cottage-like charm to interiors.
10. Cove
Concave, curved molding that creates a transition between walls and ceilings with a smooth, sweeping profile is known as cove. Cove molding is an excellent choice for adding a touch of soft elegance to a room, as its curved design can help soften the hard angles of walls and ceilings.
Why you add wall moldings and trim to your home
Adding moldings to a home offers numerous benefits that enhance aesthetics and practicality. These decorative features can elevate the overall ambiance of a room. Here are a few ways it can enhance your home.
Adds character. Liz from The Cape Coop Farm shares, “Wall molding adds instant character and texture to any wall. Many molding projects are easy for beginners – particularly with straight lines like a board and batten design. If you are slightly more experienced with cutting angles, the possibilities are endless with intricate geometric designs and crown moldings.”
Inexpensive way to add dramatic visuals. “Wall molding designs can be a quick, versatile, and relatively inexpensive way to add dramatic visual impact and character to your home,” says Mandy from Aviator Jayne, a home store in Owosso, MI. “We have even found many molding designs to be really DIY-friendly. If you like to tackle projects around the house, consider adding a simple board and batten to your dining room for warmth, or perhaps molding in a geometric shape to the walls of your bedroom for an elevated look.”
Increases property value. Celia Boutell, an interior designer shares, “The benefits of adding wall molding include an elevated aesthetic by adding depth, texture, and elegance to give your room a more polished look. Architectural interest, room definition, covering imperfections, and increasing property value. Well-executed molding can enhance your home’s value by adding an upscale touch to your interior design.”
Tips for adding wall molding to your home
Elevate your home’s style with wall molding using these essential tips. Learn how to effortlessly integrate decorative elements for a beautifully transformed space.
Plan the design. Before you start, envision the look you want to achieve. You’ll want to consider the type of molding, its placement, and the overall style of your home. Planning helps ensure a cohesive and well-executed design. “Picture frame molding is a simple and timeless style that can be done easily and affordably on your own,” says Casa Del Marmol, an interior design company. “You can even dial it up a notch by adding a wallpaper mural inside each box panel. Wainscoting of this type can be extremely versatile as well. Fresh paint, wall décor and lighting can add additional layers of dimension and can be swapped out over the years as styles change.”
Wall molding will suit all homes – you can’t go wrong. “One homeowner may choose to install molding to create a very traditional look, such as chair railing and the traditional box molding that is often seen accompanying it,” adds Marcia Socas, a DIY home project specialist. “Alternatively, someone else may use molding to create a more modern pattern and style, for example, octagonal shapes or other patterns created with molding. Whether a traditional installation or a modern expression, wall molding suits every homeowner’s design choice and truly takes a room to the next level.”
Choose appropriate materials. Select molding materials that align with your home’s décor. Wood offers a classic appeal, while lightweight polyurethane options are easier to install. Make sure the material matches the aesthetic you’re aiming for.
Opt for two paint sheens. “If you’re looking to elevate a simple molding, try using two paint sheens, a flat on the walls and satin on the molding, or go one shade darker on the molding,” says Sagent Builders servicing the greater Chicago area. “When applying molding, use trim sealant and glue all the corners for the most successful installation.”
Try moldings on more than just walls. “Just like boxed molding designs have been traditionally used to add a sense of luxury to walls, we’re now seeing molding used on doors, ceilings, and cabinet faces to elevate a room and give it more interest,” shares Lanada Duncan, owner of b.e. decors Interiors. “With these new peel-n-sticks, trendy sizes, and designs that’s hit the market, you can be even more creative with your application and add panache to a space.”
A final note on wall moldings and trim
Incorporating moldings and trim into your home’s interior is akin to adding the final strokes to a masterpiece. These subtle yet impactful details have the remarkable ability to transform any home into an elegant and timeless space full of character.
DuBois native Emily Kelley’s passion for “making a house a home” has been recognized by a national publication. A spread on her kitchen and dining room is featured in the September 2023 issue of Country Sampler magazine.
Kelley, who currently resides in Pittsburgh, graduated from DuBois Area High School in 2000 before leaving the area to finish college. She moved to Pittsburgh in 2009 after her husband, Ryan Kelley, finished his tours in the U.S. military.
After working mainly for nonprofit organizations doing social work, Kelley transitioned to being a stay-at-home mom in 2014, where she currently homeschools her children.
Country Sampler, “a resource for any country decorator,” features country-lifestyle articles, as well as a catalog of decorating products that “provide all the tips and tools you need to make your house a country home,” according to its website. The publication takes viewers inside the homes of country enthusiasts, featuring “room by room home tours,” home decorating tips and authentic and unique styling ideas.
Kelley has always loved to decorate their rental homes over the years, she said.
“When my husband and I bought our home in 2012, I could really make things ours,” she said.
Around four years ago, Kelley says she restyled their home, transitioning from a more “boho-style” to “farmhouse, leaning towards a vintage/antique” theme.
She began posting photos of her home decor work on Instagram, and was contacted by photographers with Country Sampler magazine in September 2022.
In October of last year, Country Sampler did a photo shoot at the Kelleys’ home of her fall decor. The photos feature a rustic, farmhouse-style atmosphere, with various items in autumn colors and accents.
For Kelley, decorating their home has been somewhat of a blank canvas she could make all her own.
“I absolutely love making our home a cozy space,” she said.
She also enjoys the thrill of “junk hunting,” and finding pieces to repurpose, then “styling different spots for different seasons.”
“I’ve always loved art and being creative. Our home has just turned into my canvas to create with.”
The issue featuring the Kelleys’ kitchen and dining room hit the newsstands July 25. Seeing her work in a national publication, she said, feels like a dream.
“I obviously love looking through decor-related magazines,” she said. “Never in a million years would I have expected to see our home featured. It’s an honor to have had them recognize my style and share (it) nationally.”
Visit www.countrysampler.com for more on Country Sampler.