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The Final Walkthrough
What Every Homebuyer Should Know
Why the Final Walkthrough Matters
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Verify agreed-upon repairs were completed as promised
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Ensure no new damage has occurred since your last visit
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Confirm that everything included in the sale—like appliances, fixtures, or window coverings—are still there
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Test key systems to make sure everything is functioning properly (HVAC, plumbing, electrical)
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Avoid costly surprises after closing
When Does It Happen?
Final Walkthrough Checklist
🛠️ Repairs & Agreements
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All agreed-upon repairs have been completed
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Copies of repair receipts or warranties provided
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Work areas are clean and damage-free
🚪 Structure & Fixtures
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Walls, ceilings, and floors are free of new damage
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No missing fixtures or hardware (lights, doorknobs, etc.)
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Windows and doors open/close and lock properly
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Screens, shutters, blinds, or drapes remain (if included)
🔌 Systems Check
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Lights and electrical outlets work
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Thermostat and HVAC system function correctly
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Plumbing: toilets flush, faucets run hot/cold water, no leaks
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Appliances run properly (fridge, stove, dishwasher, washer/dryer if included)
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Smoke detectors and carbon monoxide detectors work
💧 Water & Drainage
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Water heater is operational
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Check under sinks and around toilets for signs of leaks
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Test garbage disposal and exhaust fans
📦 Cleanliness & Leftovers
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Home is clean and free of trash or debris
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Seller’s belongings have been removed unless agreed upon
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Lawn and exterior areas are in expected condition
Download your printable copy to take with you to your walkthrough here.
What to Do If You Spot a Problem
Final Thoughts
Staging Your Home Matters
When it comes to selling your home, first impressions aren’t just important; they are everything. Staging your home matters. In today’s market, buyers often scroll through dozens of listings online before ever stepping foot inside a home. That means your property needs to shine from the start of the home buyer’s journey. Meaning in addition to staging your home, professional photography takes equal importance. Learn more about why here.
Whether you’re working with a cozy condo or a sprawling estate, staging can make all the difference in how quickly your home sells—and for how much.
What Is Home Staging?
At its core, staging is the process of preparing your home to appeal to the broadest range of buyers. It involves arranging furniture, adding decor, and even adjusting lighting or paint colors to highlight the home’s best features and create a warm, welcoming vibe.
Think of it as dressing your home for success. You wouldn’t go to a job interview without looking your best—and neither should your home when it’s trying to attract a buyer.
Why Staging Works
✅ It Helps Buyers Visualize Living There
Most buyers don’t have the imagination to see beyond your personal photos or eclectic furniture choices. A well-staged home offers a clean, neutral canvas that helps buyers imagine their own lives unfolding in the home.
✅ It Highlights the Home’s Potential
Staging draws attention to the best parts of your home—whether it’s natural light, a spacious layout, or a cozy fireplace—and minimizes distractions that might otherwise go unnoticed (think outdated fixtures or awkward room shapes).
✅ It Increases Perceived Value
According to the National Association of Realtors, staged homes typically sell for 5–10% more than non-staged homes. That’s a serious return on a relatively small investment.
✅ It Can Lead to Faster Offers
Homes that are staged spend less time on the market. That means fewer showings, less hassle, and potentially multiple offers in a shorter timeframe than the un-staged counterpart.
Staging Doesn’t Have to Mean a Full Makeover
Worried that staging means hiring an interior designer and buying all new furniture? Don’t be. Staging can be as simple as:
- Decluttering and depersonalizing
- Rearranging existing furniture
- Adding fresh flowers or a pop of color
- Brightening up rooms with lighting and mirrors
- Refreshing tired walls with a neutral coat of paint
Many real estate agents (including us!) even offer staging consultations or access to professional stagers as part of their listing package—so you’re not in it alone.
Windermere Ready Program
Need help with staging, repairs, or cosmetic upgrades? Ask us about the Windermere Ready program. It allows sellers to prepare their home for the market with expert guidance and the option of upfront funding for home improvement projects—with no upfront cost. It’s a game-changer for sellers who want to maximize their home’s value.
Final Thoughts
In today’s visual-first world, staging isn’t just an added bonus—it’s a smart strategy. The goal is simple: make buyers fall in love with your home from the moment they see it. With the right staging, your property can stand out, sell quicker, and command top dollar.
Thinking of selling? Let’s chat about how staging can set your home up for success. Connect with us here.
Professional Photography is Essential to Selling
When it comes to selling your home, the saying “a picture is worth a thousand words” has never been more true. In today’s digital-first real estate market, your home’s first showing happens online—and that means photos are everything. If you find yourself wondering why professional photography is essential to selling, keep reading.
Whether it’s on the MLS, social media, or a home search app, buyers begin forming their opinions of your home within seconds of first seeing it. If your photos are not grabbing their attention (in a good way), you could be missing out on serious interest—and serious offers.
The Power of Professional Photography
Still not convinced? Here’s what the data says:
Homes with high-quality photography sell faster than those with lower-quality visuals. 32% faster according to the National Association of Realtors to put it in perspective. That means less time on the market and more money in your pocket!
Professionally photographed homes sell for more money. For example, a study done by Redfin in 2013 found that homes sold for $3,400 to $11,200 more relative to their list prices when photographed professionally with a DSLR camera.
The National Association of Realtors also explains that 95% of buyers use online search during their home-buying journey. That means photography plays a significant factor in grabbing the potential buyer’s attention.
In a sea of listings, eye-catching photography doesn’t just make your home look good—it makes it stand out. It compels the viewer to click the link to learn more about the home.
What Professional Photography Can Do That Your Phone Can’t
While smartphone cameras have come a long way, professional real estate photographers bring expertise and tools that make a real difference, such as:
- Wide-angle lenses to capture entire rooms in one shot
- Professional lighting to ensure every room feels bright and inviting
- Editing and retouching that corrects colors and enhance details
- Composition expertise to highlight the most desirable features
- Staging advice to prepare each space before shooting
The goal isn’t to mislead—it’s to present your home in its best light, literally and figuratively.
Your Home’s Marketing Deserves More
Professional photography is not just about pretty pictures—it’s about marketing your largest investment effectively. Think about how much time and money businesses spend on branding and product photography. Shouldn’t your home, which is likely your biggest asset, get the same treatment?
As your agent, we make this a priority. Our listings always feature professional photography because we know how powerful visuals can be. We invest in this upfront because we know it pays off—faster sales, higher offers, and better results.
Bonus Tip: Combine Photography with Video & Virtual Tours
If you’d like to go the extra mile, consider adding a virtual tour, drone footage, or a cinematic walkthrough video. These additions offer buyers an immersive experience before ever stepping foot in the home. In many cases, it is these experiences that help the buyer(s) fall in love before they ever step foot inside the home.
Final Thoughts
Professional photography isn’t just a luxury in today’s real estate market—it’s a necessity. It can mean the difference between a buyer scrolling past your home and scheduling a showing.
If you’re considering listing your home, let’s talk about how we’ll showcase it to its fullest potential—starting with photos that tell a compelling story.
Curious how your home could shine? Let’s connect.
Safest way to dispose documents
Buying or selling a home can generate a lot of paperwork—some of it containing sensitive personal information. So, what should you do with it all once the transaction is complete? We suggest hanging on to most of it. As for the documents that you no longer need tossing them in the trash could put your personal data at risk. The safest way to dispose of old documents is through secure shredding.
🔐 What Should You Shred?
If a document contains any personally identifiable information (PII), it should be shredded. That includes:
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Tax returns
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Photo IDs and photocopies
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Bank statements
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Voided checks
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Pay stubs
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Credit card and billing information
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Sale receipts with personal data
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Anything with your name, address, phone number, or email
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Employment or customer records
❌ What Not to Shred
While it may be tempting to shred everything, hold onto:
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Property records and warranties (as long as you own the item or property)
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Tax documents less than 7 years old
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Legal contracts and loan documents (keep until fully paid or no longer active)
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Birth certificates, Social Security cards, and other official government IDs
For more detailed guidance, we recommend this helpful resource from Suze Orman.
💡 Why Shredding Matters
Prevent Identity Theft:
Over 16 million Americans fall victim to identity theft annually. Shredding documents helps prevent your personal data from falling into the wrong hands.
Stay Compliant:
Businesses and individuals are legally responsible for safeguarding sensitive information. Shredding documents ensures you meet privacy protection standards.
Protect Employees & Clients:
Shredding is an easy way to ensure that anyone whose information you’ve handled is treated with care and respect.
Declutter Your Space:
Get rid of old files and enjoy a cleaner, more organized home or office!
🤝 We’re All In, For You.
At Windermere, we believe our role extends far beyond buying and selling homes. We are committed to empowering and protecting our community—and that includes helping you stay secure after the transaction is complete.
From educating clients on digital security to hosting events like this one, we are proud to stand by your side every step of the way.
📬 Got questions about what to bring or how the event works? Call us at 360.435.0700 or email us at arlingtonreception@windermere.com. We’re here to help.
Are You Ignoring Your Biggest Financial Asset?
How often do you check your bank account? Weekly? Daily? Multiple times a day if you’ve just booked a vacation or gone on a spending spree?
Now, ask yourself this: When was the last time you checked the equity in your home? Are you ignoring your biggest financial asset?
If you’re like most people, your bank balance gets far more attention than your home’s equity. But here’s the truth: Your home is likely your biggest financial asset—and it plays a huge role in your long-term wealth and financial security.
Why Home Equity Deserves More of Your Attention
Home equity is the difference between what your home is worth and what you still owe on your mortgage. As you pay down your loan and as your home’s value appreciates, your equity grows—often quietly, behind the scenes, while you go about your daily life.
It might not feel as tangible as the money sitting in your checking account, but over time, home equity can outpace your savings account by a long shot. The earlier you buy, the more time your equity has to grow. Not sure where to start but know that purchasing a home is in your future, don’t wait, connect now.
Real Estate as a Wealth-Building Tool
Buying a home early in life is one of the smartest financial moves you can make. Not only are you avoiding years of paying someone else’s mortgage (hello, rent!), but you are also building a financial cushion that can benefit you for decades.
Think of it this way: While your rent payments disappear each month, your mortgage payments are gradually turning into ownership—and growing equity. Over the years, that equity builds a powerful financial resource.
Equity in Retirement: More Than Just a Number
Fast forward to your retirement years. Maybe your 401(k) and savings accounts aren’t quite where you hoped they’d be. This is where home equity becomes your unsung hero.
Options like a Home Equity Line of Credit (HELOC) or a reverse mortgage can give you access to the equity you’ve built—without selling your home. This can be especially helpful for managing retirement expenses, covering healthcare costs, or simply enhancing your quality of life.
As Bill Perkins highlights in his book Die With Zero, the goal isn’t to hoard wealth indefinitely—it’s to strategically use it to maximize life experiences. Your home equity can help fund those bucket-list adventures, support family members, or allow you to retire more comfortably.
So, What Should You Do?
- Check your equity: Contact a local real estate professional (hi, that’s us!) for a quick home valuation. You might be surprised at how much your home is worth today.
- Understand your options: From HELOCs to smart refinancing, knowing what tools are available can empower you to make the most of your investment.
- Start early: If you haven’t purchased a home yet, consider it an investment in your future self. The earlier you start, the longer your equity has to grow.
Final Thoughts
Your bank account shows you what’s possible today. Your home equity shows you what’s possible for your future.
So the next time you log into your banking app, take a moment to think bigger. Your financial health isn’t just about what’s liquid—it’s about what you’re building. Real estate is one of the most reliable ways to build long-term wealth.
Want to know how much equity you have—and what it could do for your future? Let’s talk.
Empowering Realtors with Insider Insights
Anacortes Update 2025: Empowering Realtors with Insider Insights
We were thrilled to welcome a lineup of influential speakers, including:
✅ Matthew Miller, Anacortes Mayor:
✅ Elise Cutter, CEO of Island Health:
✅ Brett Greenwood, Executive Director of the Port of Anacortes:
✅ John Coleman, City Planner:
Why This Matters for Buyers and Sellers
These insights help realtors better guide their clients on how ongoing changes and future developments could impact property values and lifestyle choices. For instance, knowing when a home will be connected to Anacortes’ high-speed fiber network can be a major selling point, and we can help you determine when your current or future home is next in line.
Stay Informed & Get Involved
Cheers to Connection & Collaboration
What $1Million to $1.5Million Can Get You in Anacortes Today
If you are dreaming of living in the picturesque town of Anacortes, WA, where stunning views meet small-town charm, you may be wondering what kind of home you can expect in the $1 million to $1.5 million price range. Whether you are seeking breathtaking water views, a brand-new construction, or a luxurious retreat with ample space, Anacortes offers a variety of impressive homes that fit the bill. Let’s take a closer look at some standout listings currently on the market that highlight the unique lifestyle and quality you can expect in this price range.
🌊 1. 3910 W 3rd Street, Anacortes – $1,297,500
4 Beds | 3.5 Baths | 2,740 Sq. Ft.
This stunning New Construction home offers panoramic views of Guemes Channel & San Juan Islands. Thoughtfully designed with luxury in mind, it features an open-concept floor plan with stylish kitchen boasting high-end appliances, walk-in pantry with built-ins, and partially covered deck that provides the perfect place to enjoy the ever-changing maritime scenery year-round. The primary suite offers a private sanctuary with a spa-like bath with heated floors.
Listed by: Windermere Real Estate/Anacortes Properties / Gina Davis / Kimarie Henning
🏡 2. 3808 Beadle Lane, Anacortes – $1,270,000
4 Beds | 4 Baths | 2,891Sq. Ft.
This brand-new construction blends contemporary elegance with functional living. The home boasts a spacious layout, highlighted by captivating Mt. Baker views, a stylish kitchen with stainless-steel appliances, an inviting great room, a primary suite that feels like a luxurious getaway paired with a second primary suite and two additional bedrooms. Enjoy outdoor entertaining all year long with a covered deck with heaters plus a 3 car garage and fenced yard.
Listed by: Windermere Real Estate/Anacortes Properties / Gina Davis / Kimarie Henning
🏡 3. 3809 Beadle Lane, Anacortes – $1,100,000
4 Beds | 4 Baths | 2,768 Sq. Ft.
Another gem in Beadle Lane’s charming five-lot community. This newly built home offers similar elegance and thoughtful design with subtle differences. Offering gorgeous Mt. Baker views, an open-concept floor plan with a stylish kitchen with stainless appliances, walk-in pantry and covered deck with heaters. The elegant primary suite boasts a spacious en-suite with heated floors. Plus a two car garage and fenced yard. With high-end materials and modern finishes throughout, this home provides a move-in-ready opportunity in a prime location.
Listed by: Windermere Real Estate/Anacortes Properties / Gina Davis / Kimarie Henning
🌄 4. 4222 Mitchell Drive, Anacortes – $1,059,000
3 Beds | 3 Baths | 2,562 Sq. Ft.
This quality-built beauty offers breathtaking views of the Sound, Mount Baker & March Point. The elegant design showcases floor-to-ceiling windows in the breath-taking vaulted great room, beautiful open kitchen with eating bar, a private wrap around deck and beautifully landscaped yard create an ideal space to soak in the serene surroundings. Primary bedroom is vaulted with a 5-peice bath, walk-in closet, office nook and access to the deck. Includes an RV/Boat pad next to the garage. Extra privacy with a greenbelt behind the property.
Listed By: Pettruzzelli Inc
🏡5. 1917 Tweed Place, Anacortes – $1,300,000
2 Beds | 3 Baths | 2,730 Sq. Ft.
Offering breathtaking views of Burrows Bay, the islands, Olympic Mountains, and the picturesque marina. The main level features a seamless blend of hardwood and slate flooring with a chef’s dream gourmet kitchen with granite countertops, stylish backsplash and center island. The lower level features a luxurious primary suite complete with a jetted tub and large walk-in shower. The beautifully landscaped yard and outdoor living space make this a fantastic choice for entertaining or simply unwinding after a long day in the recessed hot tub on the lower deck to soak while soaking in the views.
Listed by: Re/Max Gateway
🌄 6. 2305 Sundown Court, Anacortes – $1,495,000
3 Beds | 3 Baths | 2,635 Sq. Ft.
Experience unparalleled luxury in Anacortes condo featuring high-end custom finishes throughout. An impressive 80-foot mural by renowned artist Jennifer Bowen, adds a unique touch of artistic elegance. Nestled against a protected forest offers privacy in this 1bedroom with den and media room condo. The interior is adorned with marble, metals, handmade glass, and fine textiles, complemented by many walls of custom DeWils cabinetry and lighting. The residence comes with luxurious designer furniture that convey with the sale. Enjoy seamless indoor-outdoor living with 2 expansive decks plus a trail to Washington Park, beach, and boat launch is out your front door.
Listed by: Realogics Sotheby’s Int’l Rlty / Kristopher Lee
🚢 7. 5320 Ferry Terminal Road, Anacortes – $1,250,000
2.02 Acres
Great location for a residential development, townhomes or apartments, no density maximums just fit your development within the parking, landscape and height parameters. Next to the Washington State Ferry terminal, a block from the Guemes Channel Trail, and close to town – perfect spot to develop.
Listed by: Windermere Real Estate/Anacortes Properties / Nate Scott
🌲 8. 13532 Slice Street, Anacortes – $1,275,000
2 Beds | 2 Baths | 1,332 Sq. Ft.
Welcome to the sweetest upscale beach retreat you’ve been dreaming of! This stunning 2 bedroom, 2 bath low-bank beach home offers breathtaking SW views of Similk Bay and boasts luxurious upgrades throughout. Relax by the cozy fireplace in an open floor plan perfect for gatherings. Known as the best Dungeness crabbing/oyster location on the island! This property offers more than just beauty – it’s an experience! With elegant finishes, a massive deck with custom remote awning and a spacious fenced yard, there’s plenty of room to enjoy the outdoors. Tuff Shed for extra storage, gated area for additional parking. Just steps from the beach, this home is an idyllic coastal escape!
Listed By: Windermere Real Estate/Anacortes Properties / Debbie Macy
🏠 9. 4111 R Avenue, Anacortes – $1,265,000
3 Beds | 3 Baths | 3,054 Sq. Ft.
Breathtaking territorial views of Fidalgo Bay and a peek-a-boo glimpse of Mt. Baker! This spacious 3-bedroom, 2.75-bathroom residence offers over 3,000 sq. ft. of living space, including a main-floor primary suite and an expansive deck perfect for entertaining or relaxation. The massive lower level is a blank canvas, offering endless possibilities for a home office, gym, or additional living space. Abundant storage throughout, plus a 2-car garage, ensures convenience and comfort.
Listed by: eXp Realty
🎉 10. 11517 Coronado Drive, Anacortes – $1,400,000
3 Beds | 3 Baths | 3,463 Sq. Ft.
This magnificent estate offers breathtaking water views of Burrows Bay and exquisite architectural design. The main level features a front deck and entry, formal living room with fireplace, formal dining room, family room with fireplace, an eat-in granite chef’s kitchen with a walk-in pantry, an office/library with built-in shelving, storage and desk with access to the rear deck. Upstairs is the primary suite with water views, ensuite bath with jetted tub, stall shower and walk-in closet plus a 3-car garage.
Listed by: American Dream R. E. Services
🏙️ 11. 1502 5th Street, Anacortes – $1,250,000
0.33 Acres
Rare Guemes Channel waterfront zoned light manufacturing in the City of Anacortes. Located along the prime working waterfront of Fidalgo Island, this property is perfect for your maritime use business with great waterfront access. 200 feet of sheltered waterfront in a prime area located adjacent to Anchor Cove Marina. 15,945 ft of uplands with an additional 31,363 sq ft of tidelands. Easy access to the downtown corridor.
Listed by: Windermere Real Estate/Anacortes Properties / Colleen Craig
Why Anacortes?
Living in Anacortes means enjoying breathtaking scenery, easy access to the San Juan Islands, and a vibrant local community. With a range of outdoor activities, excellent dining options, and a rich cultural scene, Anacortes is the perfect place to call home—whether you are retiring, working remotely, or simply seeking a peaceful getaway.
Ready to Explore More?
If any of these homes catch your eye or if you are ready to explore more options, reach out to us today by clicking here! Our team at Windermere Real Estate is ready to help you find your dream home in Anacortes. Call our Anacortes office at 360.293.8008 to schedule a private tour or learn more about these incredible listings!
Harmony Harvest Bowl
After indulging in the Herbed Chicken with Wine Sauce from the Windermere Recipe Book—an absolute flavor-packed delight—we couldn’t let a single bite of leftovers go to waste. Determined to find a follow-up recipe just as delicious, we set out to create the perfect next-day dish. And trust us, it did not disappoint!
This Harmony Harvest Bowl brings a vibrant dish to the table. It is a flavor-packed bowl featuring tender shredded chicken, crisp colorful vegetables, hearty grains, sweet bursts of fruit, crunchy nuts, even cheese! Every bite is a perfect balance of texture and taste!
But don’t just take our word for it. Try it out for yourself and let us know what you think.
You might just find yourself preparing this ahead to send it in lunches, or feeding an entire crew by setting out all the fixings and more to let everyone Mix-and-Match to their liking.
Lets get to it.
Harmony Harvest Bowl Ingredients
- 1 1/2 cups of wild rice blend
- 2 2/3 cups unsalted chicken broth
- 2 Tbsp. butter – try Karrygold pure Irish Butter its a fan favorite
- 1 1/2 tsp. kosher salt, divided
- 1 lb of Brussel sprouts – washed, trimmed, and cut in half
- 2 small sweet potatoes – cut into small cubes
- 2 Tbsp. olive oil
- 1 tsp. ground black pepper
- 1 tsp. garlic powder
- 1 tsp. paprika
- 1/2 tsp. cayenne
- Shredded chicken from Herbed Chicken with Wine Sauce or a rotisserie chicken – shredded
- 2 cups of fresh baby kale
- 1 Honeycrisp apple – cut into cubes
- 1/2 cup of crumbled goat cheese
- 1/4 cup roasted sliced almonds, salted
Balsamic Vinaigrette
- 3 Tbsp. balsamic vinegar
- 2 tsp. honey
- 2 tsp. Dijon mustard
- 1 garlic clove – finely chopped or grated
- 1/4 tsp. kosher salt
- 1/4 tsp. ground black pepper
- 1/3 cup olive oil
Instructions
- Preheat your oven to 450ºF.
- Using a mesh strainer rinse your rice under water for about a minute.
- Add broth, butter, cleaned rice, and 1/2 teaspoon of salt to a medium saucepan.
- On medium-high heat bring the mixture to a boil then reduce the heat to low, cover, and cook about 45 minutes until the rice is tender.
- Remove the rice from heat but keep covered another 15 minutes then fluff the rice with a fork.
- While the rice is cooking, prepare your baking sheets with foil then drizzle olive oil over Brussel sprouts and sweet potatoes- toss to make sure they are well coated.
- Sprinkle with the remaining teaspoon of salt, pepper, garlic powder, paprika, and cayenne. Toss again to coat and spread evenly on baking sheet.
- Place baking sheets in preheated oven for about 12 minutes then stir to flip veggies and continue cooking for another 14 minutes until they are brown and tender.
- While veggies are cooking prepare the balsamic vinaigrette by adding balsamic vinegar, honey, mustard, garlic, salt, and pepper to a jar with a lid. Shake vigorously. Ingredients should be well mixed.
- Add olive oil and shake again.
- Store in the refrigerator and shake prior to each use.
- Prepare bowls with baby kale, rice, Brussel sprouts & sweet potatoes, shredded chicken, apple, goat cheese, top with roasted almonds, and drizzle with balsamic vinaigrette.
We know your tastebuds will thank you. If you tried this recipe and loved it don’t just share it with a friend but also let us know. Email us here.
Guide to Buying a Home in 2025
Whether you are a first-time homebuyer or you are looking to buy your next dream home, navigating the real estate market can feel overwhelming without the right guidance. With the right preparation and a solid game plan, you can unlock the door to your new home in no time!
Follow along for 5 key steps to make your home-buying journey a smooth and rewarding one.
1️⃣ Connect with a Real Estate Agent
Even if you are just considering a move, you should start by talking to a trusted real estate agent. A good real estate agent will provide you with up-to-date insights on market trends, mortgage rates, and the home-buying process. Your agent can also help you connect with lenders, inspectors, and other key professionals that will help you every step of the way.
2️⃣ Set Your Budget
Understanding your finances upfront will save you time and stress later. A mortgage advisor can help determine how much you can afford, explore financing options, and find potential loan programs that make homeownership more accessible to you.
3️⃣ Think Long-Term
Your home is an investment. Be sure to consider your future needs. Will you need more space, a home office, or proximity to schools and parks? Choosing a home that fits both your present and future lifestyle ensures a smart and long lasting investment.
4️⃣ Research Neighborhoods
Beyond the house itself, the neighborhood and community matter. Look into factors like local schools, amenities, commute times, and potential future developments. Consider how these factors affect your lifestyle now and in the future. Your home should not only fit your lifestyle, but it should fit your budget as well!
5️⃣ Define Your Dream Home
Make a list of your must-haves vs. nice-to-haves. Tools like mood boards or Pinterest can help you visualize your ideal space. Always share your vision with your agent—they can help find a home that balances both practicality and potential.
🔹 Bonus Tip: Stay informed! Real estate trends shift constantly, so follow local market reports and keep in touch with your agent for the latest insights.
📩 Ready to start your home search? Connect with a Windermere agent today and take the first step toward your next home!
Maximize Your Tax Refund
Maximize Your Tax Refund: Invest in Your Future Through Real Estate
Tax season often brings a pleasant surprise – a refund. As of February 7, 2025, the IRS reported an average refund amount of $2,065. That is an 18.6% increase from the previous year. Check out the details here.
If you’re contemplating how to make the most of this windfall, consider channeling it into real estate. Continue reading to discover several ways you can maximize your tax refund by investing in real estate.
Building Wealth Through Homeownership
Homeownership is a proven strategy for building wealth. Consider this, median sales price for all the Northwest MLS Housing Market (Washington State), rose to $640,000 in 2024. This is up 6.7% from the year prior. This positive increase reflects steady appreciation over the years.
By investing in property, you not only secure a place to call home but also position yourself to benefit from potential market gains.
Smart Ways to Utilize Your Tax Refund in Real Estate
Boost Your Down Payment
Saving for a down payment is often a significant hurdle for prospective homeowners. While the traditional 20% down payment offers benefits like avoiding private mortgage insurance, it’s not a strict requirement. If 20% seems unattainable you’re not alone. NerdWallet exposed that in 2023, first-time buyers typically put down 8% of the home’s purchase price.
Whether your goal is 20 or 8% your tax refund can bring you closer to this goal. The closer you are to your goal makes homeownership more attainable.
Cover Closing Costs
Closing costs encompass various fees, including loan origination, appraisal, and title insurance, typically ranging from 2% to 5% of the loan amount. For example, you would pay between $10,000 to $25,000 in closing costs in addition to the down payment on a $500,000 home loan.
Allocating your tax refund toward these expenses can ease the financial load at closing, allowing you to preserve other savings.
Purchase Mortgage Points
If current interest rates are a concern, consider using your refund to buy mortgage points. Each point, costing 1% of your loan amount, can reduce your interest rate, leading to substantial savings over time.
This upfront investment can lower your monthly payments and decrease the total interest paid over the life of the loan.
Make Extra Principal Payments
Applying additional funds directly to your mortgage principal can shorten your loan term and reduce the total interest paid. Even small extra payments can have a significant impact over time. Always consult with your lender to ensure there are no prepayment penalties.
Hot tip: Consider making an extra payment every year (perhaps your tax refund) and you could save thousands in interest over the course of the loan. For example, if your monthly mortgage payment is $3,000 and you making one extra payment a year it has the potential to save you $100,000 in interest and could cut 6 years off your mortgage.
Just imagine your future self, lounging in your dream home, sipping a cup of coffee, and thinking, “I’m glad I invested that tax refund wisely!” By making strategic decisions today, you can pave the way for a comfortable and secure tomorrow.
Partner with a Real Estate Professional
Embarking on the real estate journey can be complex. You don’t have to navigate it alone. A knowledgeable real estate agent can provide personalized advice, helping you make informed decisions that align with your financial goals. If you’re ready to explore your options, connect with us today. Let’s turn your tax refund into a steppingstone toward your dream home.
