2025 Real Estate Resolutions: Start the Year with a Winning Plan
The start of a new year is the perfect time to set intentions and make plans to build and focus on your financial situation and possibilities. For anyone and everyone, real estate continues to offer the best opportunity to build wealth, create stability, and turn goals into action. We’ve been in this business for more than three decades and have seen that every real estate journey is unique, and you need professionals who can guide you with expertise, care, and a commitment to your personal definition of success.
Whether you’re thinking about selling, considering investing or simply strengthening your financial foundation, there are four tangible steps you can take today to set yourself up for success in 2025 and beyond.
Work to Improve Your Overall Property Value
If you're ever planning to sell, increasing your property value now can pay off big later. Think of your home as not just a place to live, but a significant financial asset. One of the best ways to enhance this asset is through thoughtful upgrades and diligent care.
Start by prioritizing high-impact renovations. Kitchens and bathrooms often yield the greatest return on investment when it comes time to sell, so consider updates like modern fixtures, energy-efficient appliances, or a fresh coat of paint in neutral tones.
Landscaping can also add instant curb appeal and create a warm first impression for potential buyers but it doesn’t tend to increase overall property value.
Beyond aesthetic upgrades, regular maintenance is key. Simple tasks like servicing your HVAC system, repairing small cracks in the foundation, or cleaning gutters can preserve your home’s value and prevent costly repairs or a disadvantageous inspection report.
Explore Real Estate Investing Opportunities
If you’re looking to expand your portfolio, real estate remains one of the strongest investment strategies you can make. Whether you’re a seasoned investor or just beginning to explore this avenue, the start of the year is an excellent time to take stock of your financial goals and explore opportunities.
Start by clarifying your goals—appreciation or cash flow or tax-advantaged purchases like a 1031 exchange. Each investing opportunity requires careful planning and advising and will have different rates of return. Knowing the market you want to invest in is also critical. For our Utah clients, you may want to look for neighborhoods with growing job markets, strong school districts, and new development projects both in AND outside of Utah. These are signs of areas that are likely to see appreciation over time while areas outside of Utah may have a lower barrier to entry due to lower list prices.
Equally important is securing the right financing. From exploring loan options with investment-specific strategies or leveraging existing equity like HELOCs, understanding your financial options can open doors to possibilities you previously thought were out of reach. As always, having the right professionals—like a knowledgeable agent, property manager, and lender—by your side can make all the difference.
Build Equity for Long-Term Wealth
For homeowners, building equity isn’t just a passive benefit of homeownership—it’s a powerful tool for creating financial freedom. The more equity you build, the more flexibility you have to reinvest in your property, fund other investments, or simply enjoy the peace of mind that comes with owning your home outright.
Accelerating equity growth doesn’t require big lump sum payments. One simple strategy is to make a little extra payment each month, which will directly hit your mortgage principal, even if it’s just rounding up your monthly payment.
Tracking your progress is equally important—not just with your mortgage statements but with your home value in the market. Connect with your Blakemore agent for regular market updates and equity reports to make informed decisions about when and how to leverage your equity.
Start the Year Strong with a Real Estate Consult
This year, whether you’re preparing your home for sale, exploring investment opportunities, or building wealth through equity, every step you take will bring you closer to your goals. We’re here to help you turn any resolution into reality. Reach out today to your Blakemore agent or to our Principal Broker for a consultation to help you create your winning plan or just to take you to coffee to chat on all things real estate.
