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4 Things You Can Easily Do to Increase Your Home’s Value
There are certain home improvement projects that will add more value to your home than others. The 2024 Cost vs. Value report is a good road map for home projects. The renovations listed are worthwhile ways to increase your home’s value, according to national averages in the report.
If you are selling your home or considering selling, these upgrades can easily attract homebuyers. Or, if you are simply looking to make updates to your home that make financial sense, these should maintain or increase your home’s market value.
1. Minor Kitchen Remodel, 96.1% Cost Recouped
There are different levels of kitchen remodeling. It can range from small changes to a complete overhaul of the space. Luckily, even a minor kitchen remodel should increase your home’s value. Details such as painting, adding a backsplash, and changing the cabinet hardware can give your kitchen a facelift.
If you’re ready to go further, add lighting or new, upgraded appliances. From there, changing the faces of the cabinets can also be a worthwhile home improvement project without breaking the bank. There are other ways to save on your 2025 kitchen remodel, such as keeping it simple and doing some of the work yourself.
2. Entry Door Replacement, 188.1% Cost Recouped
One of the biggest boosts to your home’s curb appeal (and market value) is the front door. Fiberglass or steel doors have a particularly high return on investment. In addition, they can also boost your home’s security and energy efficiency. Check out more information about replacing your front door, such as how to know if it’s time to do so and if you can do it yourself.
3. Garage Door Replacement, 193.9% Cost Recouped
Upgrading your garage door is another home improvement project that will add value to your home. There are many types of garage doors, so you have the opportunity as a home owner to purchase one within your price point and style. Most garage doors last 15-30 years, so this investment should last. You can also check out a chart of typical garage door costs here.
Although it’s possible for a skilled DIYer to install on their own, you may want to enlist the help of a professional. Bainbridge Island is also home to a local service vendor if needed: Bainbridge Island Garage Doors.
4. Manufactured Stone Veneer, 153.2% Cost Recouped
Manufactured stone veneer is another worthwhile home improvement project. While it looks like stone, it is usually touted for its lighter weight and ease of installation. Similarly, it can be used in a wide variety of different home projects. Inside your home, it can make a fireplace or accent wall stand out from the rest. Outdoors, it can enhance the front façade, pillars in the front of the house or even the chimney. Even the backyard can benefit. Sometimes it’s used to cover outdoor spaces like a BBQ area or an outdoor kitchen.
When deciding whether to use manufactured veneer stone or natural stone, consider the pros and cons of each. In some cases, natural stone may work better for your project even if it doesn’t have the same return on investment.
Bainbridge Island’s real estate market is strong. If you’re thinking of selling, reach out to any of our local experts. They would be happy to conduct a free Comparative Market Analysis. From there, you can discuss what upgrades would be most beneficial, local market trends, their top tier contractors, and your home selling timeline.
Must-Visit Museums in the Pacific Northwest
On rainy days, these local and regional museums are a great way to spend a day indoors. Our corner of the Pacific Northwest has many different types of museums to explore. Whether you want to keep it local or venture out a bit farther from home, this list has something for everyone!
Arts and Culture
Bainbridge Island Museum of Art (BIMA)
So many wonderful pieces of art are in the permanent collection at BIMA, which has a primary focus on the contemporary art and craft of the Puget Sound region, featuring more than 50 artists. You’ll also find a unique collection of artists’ books, and rotating exhibits showcasing different types of art. The museum frequently hosts special events, including films in their theater, lectures, and readings. Additionally, you can rent out areas of the museum for private events.
Admission: Free, donations accepted; memberships available
Hours: Daily, 10:00 AM to 5:00 PM
Museum of Pop Culture (MoPop) in Seattle
MoPop showcases local musical history with bands like Nirvana and Pearl Jam as well as Jimi Hendrix. There’s also a visual history of hip hop. In the non-musical exhibits, you can view the “Thrill of Horror Film” – complete with 50 terrorizing props like zombie heads from “The Walking Dead” and items from “Nightmare on Elm Street”. (The horror area is recommended for ages 13+.) You can also explore the world of magic and make-believe with memorabilia from cult classics like “The Wizard of Oz”, “Harry Potter”, and “The Princess Bride”. MoPop also has rotating exhibits on other topics, so check their current list for more details.
Admission: $25 – $31
Hours: Thursday to Tuesday, 10:00 AM – 5:00 PM (Closed Wednesdays)
Seattle Asian Art Museum
Located in Volunteer Park, the Seattle Asian Art Museum is home to an extensive Asian art collection that is part of the larger Seattle Art Museum family. In this eye-catching Art Deco building from 1933, you will find a contemporary Asian art exhibit, showcasing the work of 12 artists which, when displayed together, the museum says aims to “answer questions of who we are and where we belong”.
Admission: $9.99 – $17.99; children under 14 are free
Hours: Friday to Sunday, 10:00 AM – 5:00 PM
Special: Last Friday of every month is free
Museum of Glass in Tacoma
This unique museum showcases the wide variety of techniques used by glass artists. You’ll find exhibits featuring glassware from the nineteenth century, interesting pieces created during the studio glass movement, contemporary pieces, and art created on-site through the artist residency program. For interactive fun, you can sign up for a workshop that teaches glass blowing, mosaics, and more.
Admission: $10 – $18; children under 6 are free
Hours: Wednesday to Sunday, 10:00 AM – 5:00 PM (Closed Monday, Tuesday)
Special: Workshop prices vary
History Museums
Suquamish Museum
Open for almost 10 years, Suquamish Museum sits in the heart of the Port Madison Reservation. There are two exhibit galleries, an educational classroom space, a research space, a museum store, and beautiful grounds with a storytelling area. The staff often plan and host various educational workshops that are free with general admission. The permanent exhibit, “Ancient Shores – Changing Tides”, provides a window into Suquamish culture and traditions. The second gallery has rotating exhibits about historical events, customs and traditions, and pieces from Native artists. And, steps away from Suquamish Museum you’ll find historical sites like Chief Seattle’s grave and Suquamish Veterans Memorial.
Admission: $5 for adults, $3 for seniors/students, $15 for family; children under 5 are free
Winter Hours: Wednesday to Sunday, 10:00 AM – 5:00 PM
Puget Sound Navy Museum in Bremerton
Explore a portrayal of life onboard one of the U.S. Navy’s nuclear aircraft carriers in the museum’s first permanent exhibit, and learn about the 100+ year history of the Puget Sound Naval Shipyard. Temporary exhibits change periodically. In the past, they’ve included exhibits on 3D printing and the Navy, African American Contributions to PSNS & IMF, as well as the history of women’s work in the Shipyard. You can also view a collection of artifacts and photography highlighting the region’s Naval history. Additionally, there are rentable meeting spaces for events, as well as volunteer opportunities.
Admission: Free; donations accepted
Hours: Monday and Wednesday – Sunday, 10:00 AM – 4:00 PM
Special Hours: First Friday of each month is open until 7:00 PM
National Nordic Museum in Ballard (Seattle)
Ballard has a large number of Scandinavian residents, so it is no wonder it is home to a Nordic museum. Explore the evolution of twelve thousand years of Nordic life and history, as well as immigration stories. Until March, you can see an exhibit called Mygration, an exhibition of works by Tomas Colbengtson and Stina Folkebrant. From March to July, enjoy immersive artwork created by Jónsi (Jón Þór Birgisson), lead singer of the band Sigur Rós in its first United States exhibit. This vast collection features over 80,000 artifacts from five Nordic countries.
Admission: $10 – $20; children under 4 are free
Hours: Tuesday to Sunday, 10:00 AM – 5:00 PM
Special: First Thursday of each month is free
America’s Car Museum in Tacoma
Whether you are a fan of NASCAR or have always wanted to see the sights on Route 66, this car museum has tons to explore. There’s a British Invasion exhibit dedicated to the influence of British cars from WWII to the 1960s. However, the cornerstone of the museum is the donated private collection of Harold and Nancy LeMay, whose name you will see in the emblem of the logo. The LeMays were the world’s largest car collectors, with over 3,000 in their collection at one time. The museum hosts a variety of speakers and special events, such as a family STEAM night once a month.
Admission: $10 – $18; children under 5 are free
Hours: Thursday to Monday, 10:00 AM to 5:00 PM; last entry at 4:30 PM
Museums that are Great for Kids
Kids Discovery Museum (KiDiMu) on Bainbridge Island
KiDiMu offers a fun world of imaginative play for young children to explore. They can enjoy various play areas like the giant marble run, the pretend grocery store, the giant light wall, the science exploration area, the treehouse, or the arts and crafts room. Also, KiDiMu offers a play-based preschool program and birthday party rental packages.
Admission: $9 for children and adults, free if under 12 months of age; $8 for military and $3 for EBT and Apple Health Families
Hours: Monday & Friday, 1:00 PM – 5:00 PM | Tuesday, Thursday, Saturday, Sunday 9:00 AM – 4:00 PM
Special: First Friday of each month is free
Bremerton Bug and Reptile Museum
Located in the area of Bremerton known as Navy Yard City, this bug and reptile museum is a fan-favorite for those who love creepy crawly things. There is an 8-foot ant farm to observe, multiple live snakes, other reptiles and insects, as well as a large variety of preserved insects and butterflies. Complete a scavenger hunt or check out the gift shop for lots of great STEM-based toys.
Admission: Free to visit; donations are appreciated
Hours: Daily, 10:00 AM – 5:00 PM
Hands-on Children’s Museum in Olympia
Set on a half acre, this interactive museum for kids has 150 exhibits and 10 gallery spaces. Creativity can run wild with maker spaces including tools like glue guns and sewing machines, a climbing gym with 9 pods, reaching 20 feet in the air, mini versions of a veterinary clinic, hospital, pizzeria, cargo ship, and more. Other fun activities are a light table, air maze, rocket launcher, woodland wind tunnel, plus lots of outdoor play spaces as well. Memberships and party bookings are also available.
Admission: Timed Entry Tickets starting at $14.95; $3.00 tickets for EBT families
Hours: Monday – Saturday, 9:00 AM – 5:00 PM, Sunday 10:00 AM – 5:00 PM
Specials: Save $2.00 when you purchase tickets online
Imagine Children’s Museum in Everett
This recently-expanded museum features tons of wonderful opportunities for kids of all ages. Exhibits include an interactive farm, a transit bus, an airplane, an area for kids under 3, tall timbers, a giant outdoor play structure, a replica of an archaeological dig, an animal hospital, a railroad area, a water table, air mazes, and more. You can book parties here, and they have seasonal special events as well as membership offerings.
Admission: $22.00 per person and children under 12 months are free; $3.00 tickets for EBT families
Hours: Tuesday – Sunday 9:00 AM – 4:00 PM
Spring Flowers: Where to See Seattle & Kitsap in Bloom
There are so many wonderful local places to enjoy spring flowers. From tulips to cherry blossoms (and everything in between), check out all of the fun spots where you can stroll, take photos, and relax in nature.
Bainbridge Island/Suyematsu Farms
With strong roots on Bainbridge Island dating from the 1930s, this farm operates activities year-round. They also pride themselves on being organic and implementing sustainable practices. Along with their Christmas tree farm and pumpkin patch, you’ll want to check out their beautiful flowers!
The flower fields are an excellent spot for your next event. Whether you’re looking to host a flower party, make your own wedding bouquets, or take advantage of the exquisite photo opportunities, you can reach out to the farm to schedule your next event. Additionally, they have a Dahlia tuber store and a U-Pick Dahlias farm opening on July 5, 2025.
For everlasting floral beauty, consider utilizing their expanding floral subscription service. Most subscriptions begin mid-May, so you’re not too late. They’re partnering with other local farms as well to ensure the bouquets have a beautiful variety of blooms. For more information, you can also follow their Facebook and Instagram accounts.
Bloedel Reserve
Founded by Prentice and Virginia Bloedel and then opened to the public in 1988, this 140-acre reserve enriches people’s lives through nature. If you want to take advantage of their peaceful grounds and year-round events, consider becoming a member. View their exciting events calendar, which includes everything from mindful walks to explorations for kids and phone photography workshops. In addition, the venue is available for weddings and private events. You can’t go wrong visiting during any time of the year, but we love spending the afternoon there in spring!
Bainbridge Gardens
Bainbridge Gardens is a family-owned garden center that has been in business for over 60 years. They are a great place to go if you want to start or spruce up your own garden. The six-acre nursery sells house plants, trees and other native plants. The company also offers one-hour consultations to help get you started.
In addition, you can take advantage of their upcoming events. Whether you want to grow vegetables or bonsai, their wealth of knowledge and inventory is sure to get your personal garden blooming soon.
Blomst Flower Farm
A local micro-flower farm, Blomst Flower Farm has been operational since 2020. Blomst grows specialty cut flowers with organic methods on Bainbridge Island and in Poulsbo. You can purchase the flowers at Bainbridge Island Farmer’s Market when it opens on April 5, 2025. There is also a farm stand located on Golden Lane. For more information, check out their website, Facebook and Instagram.
Nearby Spring Strolls
Buck Lake Native Garden
Located in nearby Hansville, Buck Lake Native Garden is completely run by volunteers. With the goal of educating the public about the beauty of native plants, local foliage fills this space.
From the months of April through October, volunteers work tirelessly to keep up the lovely grounds. There are work parties the first and third Mondays of each month from 9:00 AM – 12:00 PM. They also have an active Facebook page so you can follow it to learn more.
Heronswood Garden
Also near Bainbridge Island, Heronswood Garden in Kingston began in 1987. It was purchased by the Port Gamble S’Klallam Tribe in 2012 and now showcases plant species from around the world and incorporates elements of the Tribe.
With 15 acres, Heronswood Garden is divided into six different garden areas. Visitors are welcome year-round, but beginning in April the garden is open five days a week. Check out their events and their spring flower sale at the beginning of May.
Seattle
Only a short ferry ride away, the city of Seattle offers another beautiful bounty of spring flowers to enjoy. One of the best spots to check out is the University of Washington and all it has to offer.
University of Washington
The main UW quad is surrounded by cherry trees and their annual blooming attracts thousands of visitors each year. They even have a live Cherry Blossom Cam to view the trees. This year, the U District Cherry Blossom Festival will take place from March 21- April 6. Visitors will not only get to enjoy the spring flowers and blossoms, but the local restaurants and shops nearby have gotten into the spirit with cherry-blossomed-themed items and discounts. For additional details, view the map, tree information, and more.
While you’re on the UW campus, be sure to check out the UW Botanic Gardens. The Washington Park Arboretum is over 230 acres and it runs jointly with the city of Seattle. Towards the south end of the gardens is the Seattle Japanese Garden which is managed by the city and has a small entrance fee. It is now open for the 2025 season and ready for visitors!
A Day Trip for Tulips
Skagit Valley Tulip Festival
A bit of a trek from Bainbridge but worth the day trip, the Skagit Valley Tulip Festival is a popular spring experience. The events begin on April 1st this year. You can visit up to five farms and can buy tickets online for each farm. Before you commit to the drive, you can check out the bloom status to make sure it will be full of photo opportunities.
Wherever you decide to go to see the spring flowers bloom, know that there is plenty to enjoy here on Bainbridge Island, across Kitsap County, in Seattle, and beyond.
What to Know Before Moving to Bainbridge Island
If you’re thinking of moving to Bainbridge Island, we have the inside scoop to help you get started. Often referred to as “The Rock” by locals, Bainbridge Island has a rich history. It is full of hidden gems and is home to a thriving arts and culture scene. Featured in Vogue, The New York Times, and Sunset magazine, it’s an incredible place to visit and an even better place to live.
It’s not your typical island
Bainbridge Island is not a typical island because it is not completely reliant on boats or ferries. You can easily drive on and off the island using Agate Pass Bridge, which connects you to the rest of Kitsap County. Agate Pass Bridge makes it easy to explore other small cities within the Kitsap Peninsula, such as Poulsbo or “Little Norway.” Bainbridge Islanders can easily drive off the island to shop at big box stores like Costco and Target, visit the Olympic National Forest, or spend the day in small cities like Port Townsend or Gig Harbor.
It’s only a 35-minute ferry ride to Seattle
Whether you need to get to Seattle for work or pleasure, the ferry only takes 35 minutes. You can drive, bike, or walk onto it. Local Windermere Bainbridge Island Broker, David X. Nghiem, says “Talk to a local to understand living with a ferry schedule. Take your time learning the different neighborhoods on the island before you choose one.”
Routes may be impacted by weather or maintenance, but the Washington State Department of Transportation has a detailed website and app to keep you abreast of any changes.
There are three distinct areas on the island
While the downtown area of Bainbridge Island is well-known since that’s where the ferry terminal is, there is much more to explore. As David X. Nghiem mentioned, before moving to Bainbridge Island, it’s important to get acquainted with different parts of the island. There are three general areas of the island, each with their own unique neighborhoods and amenities.
North Bainbridge Island is closest to Agate Pass Bridge. It’s also home to the beloved Bloedel Reserve and beautiful Meadowmeer Golf & Country Club. If you’re looking for a more rural area, Rolling Bay is a community of homes with acreage on the northern end of the island.
Central Bainbridge Island is where the ferry terminal is, so it’s a busier, more urban area. Known as downtown Winslow, it has an active Bainbridge Island Downtown Association that offers many fun events. There are more single-family homes and condos in this part of the island.
South Bainbridge Island is known for having homes with waterfront and mountain views. Crystal Springs, Point White, Rockaway Beach and Port Blakely are popular neighborhoods. There are also some newer developments like Pleasant Beach Village. There you can enjoy the historic Lynwood Theatre and popular Fort Ward State Park.
Learn about the housing market before moving to Bainbridge Island
Bainbridge Island is a part of Kitsap County, but its housing market is very different from the rest of the county. It has many more multiple-offer situations and all-cash buyers. The average sale price is also quite different compared to the average for Kitsap County. For example, in 2024’s fourth quarter, the average sale price was $1.56M whereas the average sale price for Kitsap County was $682K. To learn more, watch our brief quarterly market stats video below.
Outdoor activities are everywhere
No matter where you end up living on the island, there will be plenty to explore. Windermere Bainbridge Broker Pauline Simon sums up the joy of our local outdoor activities: “I love living on an island where you have access to the gorgeous Puget Sound. You can enjoy dock jumping off the Point White dock on the south end or at the Hidden Cove dock on the north end. We also have many delightful road ends and parks that make bird watching, polar plunging, paddle boarding and kayaking easy.”
Bainbridge Island is also home to many conservationists, so protecting green spaces is also important here. The Bainbridge Island Parks & Trails Foundation has developed a trail system throughout the island for visitors and locals to utilize on foot or by bike. In addition, there are numerous aquatic activities available all around the island. For more detailed information, check out our free Guide to Bainbridge Island.
Ben Hoover, also a Windermere Bainbridge Broker, has a great piece of advice as you adventure: “Keep a good flashlight (with extra batteries) in your car. This place gets super dark at night! I wasn’t used to this moving from Seattle. Seeing the stars is awesome but it does take some getting used to!”
There are unique cultural events
The Bainbridge History Museum is only a 10-minute walk from the ferry terminal and explores the vast history of the island through exhibits and events. One upcoming event, the History Huddle – Yama on April 10, 2025 will explore the Japanese history of the island.
There is also the Bainbridge Island Japanese American Community which supports the education and community outreach about Japanese Americans of Bainbridge Island. They are currently offering tours of the Japanese Exclusion Memorial and host an annual Mochi Tsuki festival. Although this year’s festival has passed, keep an eye out for next year’s, and watch our video below to get a glimpse of this wonderful event.
Just off the island, the Suquamish Museum, also has a plethora of exhibits exploring the history of the Suquamish tribe. They host a variety of wonderful art and educational events and are a research center. This article about the Suquamish Museum describes the rich history and lists nearby historical sites.
From inspiring art exhibits to interesting film and music festivals, Bainbridge Island Museum of Art offers something for everyone. Check out their events and art installations for Black History Month, or their upcoming World Music Festival. Additionally, the Bainbridge Island Film Festival, Dia De Los Muertos, and Bainbridge Pride Festival are other fun events to attend.
There is a lively art scene
The arts are incredibly strong on Bainbridge Island. There are numerous galleries and First Friday Art Walks are an excellent opportunity to explore the scene and enjoy small bites along the way. Our office participates and we love showcasing local artists and musicians.
The Bainbridge Island Museum of Art is completely free and offers a plethora of exhibits and events every month. If you are an artist or creative of any kind, get connected with the Bainbridge Artisan Resource Network (BARN). BARN classes and workshops are offered for all types of artistic mediums from video production to weaving, screenplay writing to cooking.
If art through movement is more your forté, the Bainbridge Ballet offers dance classes for children through adults and hosts productions throughout the year. The Bainbridge Performing Arts is a nonprofit community theater organization with classes and performances for everything from improv to the symphony.
And finally, there are also artistic opportunities for little ones. The Kids Discovery Museum (KiDiMu) is a safe indoor space for children to explore, create, and have fun. KiDiMu has art supplies and projects, building materials, Summer Camps, Sing Along events, and more.
The schools and family resources are excellent
Speaking of kids, the family resources and schools on Bainbridge Island are top notch. There are also wonderful youth services, including a Boys and Girls Club and Bainbridge Youth Services.
Bainbridge Island School District has seven schools for grades K-12. There are also a number of private schools on the island for grades K-12. If you have a younger child, check out our Guide to Bainbridge Island for a list of early childhood resources.
Use professional resources for purchasing a home
When it comes to buying a house on Bainbridge Island, choose a local expert. The market is more competitive here than in surrounding areas. You want someone who really knows the nuances of each neighborhood, has an established network of local vendors, and has built strong relationships with other brokers and lenders. Our Windermere Bainbridge Island agents are here to assist you.
If you want to purchase a vacation home, our real estate experts can help with that as well. If you think you may need home management services, consider our colleagues at Bainbridge Ready. They’re licensed and insured and expertly manage island homes while owners are away.
It rains, but it’s not as bad you might think
An article about moving to Bainbridge Island wouldn’t be complete without mentioning the weather. You may be imagining a move here might include many gray days filled with rain. But as Andy Moore, Windermere Bainbridge Island Broker, points out, “It doesn’t rain nearly as much as folks imagine. PS – Don’t tell anyone.”
While rain is often in the forecast, especially in the winter, it’s often a drizzle that’s done within a few hours. And, when you’re surrounded by lush, green forests and beautiful beaches, the rain isn’t as big of a deal. If you’re at all worried about it, we have some PNW tips to help you survive and thrive in our weather year round.
Bainbridge Island’s prime location, rich cultural history, interesting arts scene, various outdoor activities, and family-friendly vibe make it an exceptional place to call home.
7 Real Estate Myths Debunked
Real estate myths abound in today’s market. They can wreak havoc on a home buyer’s chances of landing their dream home, generate missed opportunities for sellers, or lead to costly mistakes. We debunked some of the most common misconceptions facing homebuyers and sellers.
Myth #1: No one with a low locked-in rate will sell their home
Known as the lock-in effect, many homeowners who secured historically low interest rates in the years leading up to the pandemic are reluctant to sell their homes. However, life circumstances will always force homes to be sold, even with a low interest rate. Marriage, kids, divorce, career changes, and other personal reasons are still motivators.
Additionally, there are creative ways to take advantage of the low rates through an assumable mortgage. Most government-backed loans are assumable, so speak to your realtor and lender to see if this is a feasible option for your situation and the home you’re looking to purchase.
Myth #2: I should price my home on the higher side
It is important not to price your home too high. Homes that are properly priced sell faster and for more. If it’s priced too high, you risk having it sit on the market. Using a Comparative Market Analysis (CMA), your real estate agent will be able to properly price your home using local market data and their industry expertise.
Myth #3: All real estate agents are the same and just handle the paperwork
While there is a lot of paperwork involved in home sales, a real estate agent’s services extend way beyond that. There are numerous benefits to working with a real estate agent. They understand the local market, have access to a wide range of listings, and have experience project managing and guiding clients through what can be an overwhelming process. Furthermore, having a strong negotiator in your corner can be incredibly advantageous. Well-connected local agents also know the neighborhoods, community resources, and many great local vendors. Our Windermere Bainbridge Island agents are highly rated local experts ready to assist you.
Myth #4: For Sale By Owner (FSBO) will save me money
In an effort to save money on real estate agent commission fees, some sellers believe it’s better to do a ‘For Sale By Owner’ transaction. However, it’s important to closely analyze the risks involved.
If you do not price the home properly, you risk losing potential buyers, increasing your property’s time on market, or undervaluing the home. So much goes into effectively preparing and marketing a home. A successful seller’s agent knows which updates will benefit your home before putting it on the market, how to properly prepare to list it, the benefits of partially or fully staging it, etc. Furthermore, professional photography, brokers’ tours, and print and digital marketing campaigns can really make your home shine and generate the best possible offers. And, did you know that For Sale By Owner listings are not found on the MLS? That really limits your marketing reach. Additionally, negotiations and a variety of legal forms are part of this complex process. Having a knowledgeable advocate in your corner can be incredibly beneficial.
Myth #5: Renovating your home before selling will always increase its value
Deciding which upgrades to make to your home before selling is crucial. At a minimum, the home should be in good working order. However, not all upgrades are equal. Certain home projects have a much greater return on investment than others. Check out the Cost Versus Value Report from the trade publication Remodeling.
Consulting with a local real estate agent is also a good idea. After conducting a Comparative Market Analysis and pre-listing inspection, you can decide together what upgrades would be beneficial based on your personal situation, timeline, and the local housing market. Should you need access to funds to complete specific projects, the Windermere Ready Program is also available.
Myth #6: You don’t need a home inspection
Home inspections are incredibly valuable tools for both buyers and sellers. For sellers, a pre-listing inspection can prevent any surprises when the home goes to market. A pre-listing inspection can identify any maintenance issues that need to be completed. It can also help the real estate agent price the property correctly if you choose to forgo an expensive repair, such as a new roof.
Similarly, the prospective home buyer benefits from a home inspection. If the seller had a pre-listing inspection done, you could choose to accept that one or have your own done. This inspection can also be utilized in negotiations with the seller.
Myth #7: The only up-front cost for buying a home is the down payment
Purchasing a home requires more than just a down payment. There will also be closing costs. These costs typically include origination and underwriting fees, as well as title and appraisal fees. Many states also require a transfer tax to be paid. Then, there are the costs associated with moving itself, such as renting a truck or hiring movers. Finally, most lenders will want to see a cushion in your bank account. New home purchases often result, such as appliances or needed repairs listed in the inspection report. When analyzing your home-buying budget, be sure to consider these costs to avoid any unwanted surprises.
Home buying and selling is a complex, rewarding process. Working with a knowledgeable team of experts will help make this journey simpler and smoother.
The Benefits and Risks of Refinancing a Home Loan Right Now
Refinancing a home loan can be confusing, especially with fluctuating interest rates. A true refinance replaces the current mortgage, and with over 50% of homeowners carrying an interest rate below 4%, it’s important to evaluate if refinancing is a smart move for you.
Reasons to Consider Refinancing
Here are five reasons you might be thinking of refinancing.
- Lower Interest Rate: Reducing your interest rate can lower monthly payments and save money over the loan’s life.
- Shortened Loan Term: Paying off your mortgage faster can save on interest.
- Switch to Fixed Rate: Moving from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage provides payment stability.
- Cash-Out Refinance: Access home equity for home improvements, debt consolidation, or other financial needs.
- Remove Mortgage Insurance: Eliminate PMI from your payment if your home has gained enough equity.
While every homeowner has a different financial situation, looking at example scenarios can help you zoom out to examine the bigger financial picture. Let’s say you have $20,000 in credit card debt with an average interest rate of 18%. Your monthly payments are high, and you’re struggling to pay down the principal. By refinancing your home and taking out $20,000 in equity, you could pay off this debt at a much lower mortgage interest rate, say 4%. This could significantly reduce your monthly payments and save you money in interest over time. However, it’s important to ensure that the new mortgage payment is manageable and the overall financial benefit outweighs the costs of refinancing.
Home Equity and Long-Term Investment
Home Equity builds over time based on national and local housing appreciation trends. A home is a long-term investment. The graphic below shows the 10-year appreciation of a $1.2M Bainbridge Island home. At the end of 10 years, the home has built up about $500K in equity, which can be tapped. The key to refinancing is understanding that some equity must stay in the home, such as 20% for conventional and FHA loans. A VA loan requires that 10% equity stays in the home.
Cost Analysis
When considering refinancing, it’s important to understand the costs involved and how they impact your overall financial picture.
Here are some key costs to consider:
- Closing Costs: These can be up to 2.5% of the loan amount and can include:
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- Administration Fees: The cost to process the loan.
- Appraisal Fees: Usually between $-0- and $800, this fee covers the cost of assessing your home’s value.
- Escrow and Title Insurance Fees: Protects against any legal issues with the property title.
- Recording Fees: Charged by the local government to update public records.
- Prepayment Penalties: Some existing mortgages have penalties for paying off the loan early. If your current mortgage closed within one year, check with your loan officer.
- Points: You can pay points to permanently lower your interest rate. One point equals 1% of the loan amount.
- Other Fees: These can include credit reports, flood certification, and tax service, which may amount to less than $200.
Consumer Awareness
Understanding and being informed about the refinancing process and its impact on your finances is essential. It helps you make better decisions.
Here are some tips and strategies to discuss with your trusted loan officer:
- Evaluate Your Financial Situation: Ensure refinancing aligns with your long and short-term financial goals, including total payment analysis and future appreciation benefits.
- Understand the Loan Terms: really understand the new loan terms, including the interest rate and monthly payments.
- Consider the Break-Even Point: Calculate how long it will take to recoup the refinancing costs with your monthly savings.
- Consider the Impact on Your Credit: Refinancing can affect your credit score. Multiple credit inquiries can lower your score temporarily, but the long-term benefits of a lower interest rate can outweigh this.
- Plan for the Future: Think about how refinancing fits into your overall financial plan. Will it help you achieve your goals? It may help you pay off debt, fund your child’s education, or make home improvements.
Break-Even Point
To determine if refinancing is worth it, we’ve included an example of a break-even calculation, which is the time it takes for the savings from the lower monthly payments to cover the refinancing costs.
Here’s a simple formula:
If your refinancing costs are $5,000 and you save $200 per month, your break-even point would be: 25 months
If you plan to stay in your home longer than 25 months, refinancing could be beneficial.
Work with a Trusted Local Lender
Here at Windermere Bainbridge Island, we’re proud of our partnership with Penrith Home Loans. Cherie Kesti, a trusted, local Penrith Home Loan Officer, is an excellent resource. In fact, she provided most of this article’s helpful information. Cherie can provide a comprehensive analysis of your refinance options. She will tailor it to your goals, factoring in the current equity in your home. If now isn’t a beneficial time, Cherie can help you understand the equity target and optimal conditions needed to better align with your financial objectives. Simply contact her to get started.
Sustainable Living & Bainbridge’s Environmental Nonprofits
Bainbridge Island is a vibrant community at the forefront of sustainable living. Just a quick ferry ride from downtown Seattle, it is home to many environmental nonprofits. Check out the important work being done to ensure Bainbridge Island remains an eco-friendly place to live.
Preservation and Restoration
Many organizations are involved in the preservation and restoration of Bainbridge Island’s land and water. Since 1989, the Bainbridge Island Land Trust has helped protect over 1,400 acres. Over 1,000 of those acres are open for public use. Additionally, the Bainbridge Food Forest supports farmland protection. It is dedicated to creating a locally-sourced food system. Likewise, Friends of the Farms is working tirelessly to preserve local agriculture and support the farming community on the island.
Also, Bainbridge Island Parks & Trails Foundation works with stakeholders to improve parks, trails, and recreational opportunities, funding and mobilizing resources. The Bainbridge Island Watershed Council is committed to restoring the watersheds and the shorelines of the island. They do this through stewardship, outreach, and education.
One way to help Bainbridge’s forests is to join the Weed Warriors. Simply grab your gloves and sheers. This group has weed-pulling events to promote forest health.
Sustainable Living Practices
Many local organizations focused on sustainable living practices are part of the Sustainable Bainbridge initiative. Bainbridge GreenWays is on a mission to reduce the need for cars on the island. They advocate for a network of trails and paths to allow residents to walk or bike safely to school and work.
Meanwhile, ReFashion Bainbridge encourages residents to rethink their role as fashion consumers and their environmental impact. They host a fall clothing swap and a fun, annual Re-Fashion show.
If you want to reduce your carbon footprint, check out the Bainbridge Island Zero Waste group. Their website contains interesting blog articles and useful information with best practices. They also list upcoming events. Additionally, they have a comprehensive guide about what to do with old household goods lying around.
Educational Resources
Preservation, conservation, and sustainable practices take time to adopt. But the more you know, the easier it is to get involved. EduCulture: Education in the Field includes a program for school children and educators called Edible Education. They host farm tours, field study opportunities, and farm-to-fork programs.
Bainbridge Beach Naturalists hosts beach explorations for the public. The goal of these explorations is for residents to gain a greater understanding (and appreciation) of the animals that inhabit the shoreline. Moreover, they are also a part of monitoring beaches and reporting findings to other stakeholders throughout the area and state.
How to Support Local Nonprofits
If you have little time to spare but want to show your support, check out the annual Red Envelope Campaign: One Call for All. A local tradition since 1960, it services all of the non-profits on Bainbridge Island. The campaign raised over $2,000,000 in 2023. Currently, the 2024-2025 campaign is accepting donations.
Sustainable Homes for Sale on Bainbridge Island
If you seek a sustainable living community, check out the Grow Community. This is a Net Zero neighborhood on Bainbridge Island. The community boasts solar power to cut down on energy costs. Additionally, it has what’s called a ‘5-Minute Lifestyle.’ Everything someone would need (grocery stores, doctors, the library, restaurants, etc.) is intentionally within a short walking or biking distance. The neighborhood has a great walkability score.
Additionally, the community is meant for all ages and includes a broad range of housing types. Residents can enjoy nature in many of the green spaces. There are native plants, a community garden, and a large park with open space for residents to gather. If this type of community piques your interest, contact one of our highly-rated local real estate agents. Many homes in the community have sold, but there are some new ones coming to market. Our agents will also be able to discuss other options that might fit your interests and needs. They’re highly knowledgeable, and many of them grew up here or have lived here for years.
North Kitsap Fall Festivities You Won’t Want to Miss
Local fall festivities are a highlight of the recent season change. Bainbridge Island and nearby cities host many enjoyable activities to get in the spirit of autumn. Whether it’s kicking off the season with Oktoberfest, celebrating the spookiness of Halloween, or burning off sweet treats at the local Turkey Trot, this time of year is sure to be a blast.
Pumpkin Patch at Bainbridge Island/Suyematsu Farms
Bainbridge Island/Suyematsu Farms’ pumpkin patch is open and ready for you. It includes a tractor ride around the pumpkin patch and a Kiddie Hay Maze. Keep an eye on their website and social media for updated event information. It’s a local favorite!
Squash Hunt at Bloedel Reserve
This fun activity for the family runs from October 1 – October 31. Children can get a special sticky bracelet to gather nature items on the scavenger hunt. Take a photo with the garden’s largest gourd and guess its weight for the chance to win a special prize. Timed tickets are required with entrance to the reserve. The tradition began in 2011 and has a fascinating history.
Pumpkin Walk at Bainbridge Gardens
Similarly, the Pumpkin Walk at Bainbridge Gardens also runs from October 1 – October 31. Many families have turned this free event into a family tradition. The Pumpkin Walk runs along the Nature Trail and features hundreds of hand-painted pumpkins. Not only is it fun to enjoy a range of cleverly painted pumpkins, but you can also add your own painted pumpkin to the walk. If you’re there on a Saturday, you can enjoy the food trucks too. Donations are accepted and will benefit the Bainbridge Island Boys and Girls Club.
Tarot Card Reading at Eleven Winery
If you’re looking for something different to get into the Halloween Spirit, check out the Tarot Card Reading happening at Eleven Winery on Saturday, October 5th from 4:00 PM – 7:00 PM. Each reading is $20 and no reservations are required. Jessica from Down to Earth Oracle will be there for those looking for a mystical time while sipping wonderful wine.
Poulsbo Beer Run – Oktoberfest 2024
If beer is more your style, consider the Poulsbo Beer Run on October 5th. Spots fill up quickly and registration ends on September 26th (register here). If there are still spots available, registrations will be accepted during package pickups on October 3rd and 4th. This four-mile run (or walk) includes a tasting at five breweries and a cider house.
Trick or Tree: Glow-In-The-Dark Candy Egg Hunt
In Poulsbo, the Olmsted Tree Farm will be hosting a glow-in-the-dark candy egg hunt for six nights in October, starting Oct. 11th. There will be family entertainment, games, a fire truck and the popular Great Candy Grab. (Essentially, children sort through loads of straw to find as much candy as possible.) For those brave enough, you can also roam the Spooky Woods. Last year the event sold out, so buy tickets now.
Haunted Hayride at Battle Point Park
If you have teens or are simply looking to celebrate the scarier side of the season, check out the ever-popular Haunted Hayride at Battle Point Park. The event is hosted by the Bainbridge Island Metro Park & Recreation District. It will run the weekend of October 15th – 17th from 5:30 PM – 9:00 PM and tickets can be reserved here. Many slots are already full, so run to get your spot.
Haunted Heronswood
In Kingston, the Freaky Family Fun Night at Heronswood Garden will take place on Friday, October 18th from 5:00 PM – 9:00 PM. Advanced tickets are not required, and tickets can be bought at the gate. Younger children can stick to the illuminated pumpkin trail, while older kids can try out the Trail of Terror. Creepy characters will walk the grounds and there will be scary mood lighting throughout.
Bainbridge Island Halloween Walk (Hometown Halloween)
On October 31st, businesses on Winslow Way close at 3:30 PM to sponsor a trick-or-treating event. Local businesses hand out candy, and there is free hot cider. And, attendees can vote for the best merchant costume! Our Windermere Bainbridge Island office loves participating and giving out candy. Watch the video below to get a glimpse of the fun we’ve had in the past.
Bainbridge Island Turkey Trot
After all the candy from Halloween and before a huge Thanksgiving meal, consider participating in the Bainbridge Island Turkey Trot. It will take place on Thursday, November 28th. The event runs throughout Battle Point Park and supports Helpline House Food Bank and Social Services of Bainbridge Island. It’s the perfect way to wrap up a season of fall events before the winter festivities begin. We’re also proud supporters of Helpline House and greatly appreciate their vital work in our community.
If you’re new to the area and want to keep abreast of more fun, local events, check out our Guide to Bainbridge Island. We also have a Kitsap Events Guide, which lists annual and recurring events happening each month.
Managing Expectations When Buying a Home
Buying a home is an exciting process, but there are many steps involved. The timeline can vary greatly based on your situation, needs, wants, and goals. We’ve compiled some tips below to help you manage your expectations, which will reduce stress and result in a smoother, more enjoyable process.
Create a Focused Approach
As soon as you start seriously considering the prospect of purchasing a home, make a list that clearly details your needs, wants, and nice-to-haves. Home buyers, especially first-time home buyers, will often talk about a few specific things like a minimum of three bedrooms, a fenced yard, a big kitchen, or their ideal work commute. However, those few details aren’t enough to paint a clear picture. It also won’t filter out that many homes for sale online, and in this process, specificity is your friend.
To create a focused approach, try listing all of the things you’d love if you could wave a magic wand and have this property right now. If you’re doing this with a partner, create separate lists without talking and then come together to share. Also, when collaborating, it can help to do this with sticky notes so that you can put them up on a wall and compare, compile, and categorize needs or deal-breakers, wants, and nice-t0-haves. Get as clear as you can by asking yourself questions like these:
- What is the minimum square footage you need?
- How many bedrooms and bathrooms are necessary?
- Which type of home suits you best?
- If you’re looking at a waterfront home, do you prefer or require a low bank or high bank?
- If you’re buying land to build a home, what is your minimum lot size or acreage?
- Is it really important to you to be within walking distance of a downtown area, specific school, and/or nature?
- What driving distance is a deal-breaker for your work commute?
- What characteristics do you look for in a neighborhood? If you’re looking on Bainbridge Island, which neighborhood will suit your lifestyle best?
- How much are you willing to go over the asking price if a multiple-offer situation arises?
- If you’re downsizing, will this be a home where you can age in place?
- If you’re open to a home that needs some repairing or remodeling, what is your ballpark budget to set aside for that?
- What is your ideal timeline and what is a timeline that you can make work?
(Check out this article if you need to buy and sell simultaneously.)
Learn as Much as You Can Beforehand
It’s easy to look at houses online, but what will really help you is to learn as much as you can before you tour homes. Your Realtor should have extensive knowledge of the local real estate market. Working with a local agent can benefit you in many ways. Not only will they know the latest about your specific market, but they can also tell you about neighborhoods that may suit you best, which schools are known for what, and the amenities that are near homes you’re eyeing. Highly rated local agents also have strong ties to the community, so they can serve as a valuable resource long after closing. They will answer your questions, lay out a general timeline, and guide you through the process. The more you understand the complexities of the market and the home-buying process, the more you’ll know what to expect.
Choose Your Agent Carefully
Choosing your real estate agent is a very important decision. With a highly knowledgeable local agent, you’ll be able to better understand what to look for and what to avoid. You’ll be able to turn to someone who can discuss market trends and provide local insider information. Your agent should be a great listener, a skilled problem-solver, and a strong negotiator. And, if you’re buying here in WA, be sure to watch the video below so you’re aware of our real estate law changes.
Useful Tips from a Local Interior Designer
Whether you’re wanting to update your home or you’re preparing to sell it, you’ll probably benefit from working with an interior designer. While there are many great local interior designers, we know that some of our agents here at our Windermere Bainbridge Island office are fans of Kim McCall Design, so we connected with Kim and her team to learn some tips of the trade.
Tell us about your team & the history of Kim McCall Design. How did you get started?
I am fortunate to have a talented, diverse team. We came together over the years with a shared passion for creating beautiful spaces.
I started my design practice in 2005 and my staging business began organically during the housing market crisis in 2008. The market was flooded with inventory and agents were looking to differentiate their listings and make them stand out. To help agents I provided consultations with their clients to prepare their homes for sale, and the rest is history!
Since then, we have grown into 3 warehouses with vast inventory for staging and a thriving interior design practice.
What interior design styles or trends are you seeing a lot of right now?
Clean, modern design in architecture, furniture, lighting, and plumbing is popular now. More smart home capabilities: programmable LED lighting, heating/cooling, security systems, and window coverings can all be controlled through a phone.
Are there any interior designer myths that you commonly hear?
The myth is that an interior designer comes into your home and imposes their own sense of style. Most clients know what they like but don’t know how to achieve their vision. I get to know my clients on a personal level to understand their wants and needs.
I simplify the process and guide them on a curated journey with the goal of elevating their home within their budget. I offer streamlined ideas and options that bring forth the client’s vision in an unexpected way. My goal is to make their house feel like their home.
What are a couple of ways people can refresh their home without spending a great deal?
Don’t be afraid to move furniture and art throughout your home. Sometimes, the smallest changes have a big impact on how we feel about our space. Many people hang their art too high. To achieve a gallery look, start by lowering your art to eye level height. Pair down by storing some of your collectibles and rotating your items on display.
Which local vendors, suppliers, or shops do you love to utilize?
Furnish Bainbridge, Tasdemir Rugs, Eagle Harbor Window Coverings, Modest Home, Mallory Paint Store, Conservatory Coastal Home, Clark Construction, Cogwheel Construction…This is just a short list we have so many great local options!
What home remodeling projects are the most popular right now? And why do you think this is?
Kitchen and bathroom remodel projects are the most popular. The kitchen is the heart of the home and serves as a gathering place for family and guests to enjoy. Bathrooms are a private space to unwind. I like to find a balance between form and function by pairing beautiful finishes with luxury appliances and fixtures.
Are there any interior designer social media accounts that inspire or excite you?
There are so many people that inspire me, to name a few: Amber Interiors, Studio McGee, Amy Storm & Company.
What’s one design secret that you can share with us?
Use plants and organic elements to soften spaces and add visual interest. Adding texture with rugs, textiles and accents can help to create a layered harmonious space.
Thanks Kim & team! For more ideas, check out our article about home decor inspiration, which features some great local finds.
