Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking the time upfront to prep your house appropriately and create a solid plan can help bring in the greatest return on your investment.

Here are a few simple tips to make sure you maximize the sale of your house this fall.

1. Price It Right

One of the first things buyers will notice is the price of your house. That’s because the price sends a message to home shoppers. Pricing your house too high to begin with could put you at a disadvantage by discouraging buyers from making an offer. On the flip side, pricing your house too low may make buyers worry there’s some underlying issue or something wrong with the home.

Your goal in pricing your house is to gain the attention of prospective buyers and get them to make an offer. And with price growth and buyer demand moderating, as well as a greater supply of homes available for sale, pricing your home appropriately for where the market is today has become more important than ever before.

But how do you know that perfect number? Pricing your house isn’t a guessing game. It takes skill and expertise. Work with a trusted real estate advisor to determine the current market value for your home.

2. Keep It Clean

It may sound simple but keeping your house clean is another key to making sure it gets the attention it deserves. As realtor.com says in the Home Selling Checklist:

“When selling your home, it’s important to keep everything tidy for buyers, and you never know when a buyer is going to want to schedule a last-minute tour.”

Before each buyer visits, assess your space and determine what needs your attention. Wash the dishes, make the beds, and put away any clutter. Doing these simple things can reduce potential distractions for buyers.

For more tips, give me a call to schedule a house visit and I will provide you with a free evaluation that will help you get top dollar for your home.

3. Help Buyers Feel at Home

Finally, it’s important for buyers to see all the possible ways they can make your house their next home. An easy first step to create this blank canvas is removing personal items, like pictures, awards, and sentimental belongings. It’s also a good idea to remove any excess furniture to help the rooms feel bigger and make sure there’s ample space for touring buyers to stand and look at the layout.

If you’re unsure what should be packed away and what can stay, consult your trusted real estate advisor. Spending the time on this step can pay off in the long run. As a recent article from the National Association of Realtors (NAR) explains:

“Staging is the art of preparing a home to appeal to the greatest number of potential buyers in your market. The right arrangements can move you into a higher price-point and help buyers fall in love the moment they walk through the door.”

Bottom Line

Selling a house requires prep work and expertise. If you’re looking to sell your house this season, lean on a trusted real estate professional for advice on how to get it ready to list, how to help it stand out in today’s shifting market, and more.

There’s no doubt about the fact that the Raleigh / Durham housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house?

While home prices are still appreciating in the Raleigh market, they’re climbing at a slower pace because the rise in mortgage rates.  The jump in mortgage rates has caused house payments to nearly double over the past 12 months. This has caused many local buyers to drop out of the market or change their requirements for their next home purchase. Despite the increased cost of home ownership, the Research Triangle Region continues to be a very popular destination for people relocating for employment opportunities or those looking for an active retirement lifestyle.   Demand for housing is down slightly from a year ago but still the inventory of homes is not sufficient to meet current demand.  And in a shift like this one, the way you price your home matters more than ever.

Why Today’s Housing Market Is Different

During the pandemic, sellers could price their homes higher because demand was so high, and supply was so low. This year, things are shifting, and that means your approach to pricing your house needs to shift too.

Because we’re seeing less buyer demand, sellers have to recognize this is a different market than it was during the pandemic. Here’s what’s at stake if you don’t.

Why Pricing Your House at Market Value Matters

The price you set for your house sends a message to potential buyers. If you price it too high, you run the risk of deterring buyers.

When that happens, you may have to lower the price to try to reignite interest in your house when it sits on the market for a while. But be aware that a price drop can be seen as a red flag for some buyers who will wonder what that means about the home or if in fact it’s still overpriced. Some sellers aren’t adjusting their expectations to today’s market, and realtor.com explains the impact that’s having:

“. . . the share of listings with a price cut was nearly double its year ago level even as it remains well below pre-pandemic levels.”

To avoid the headache of having to lower your price, you’ll want to price it right from the onset. Kevin McVicker knows how to determine that perfect asking price. To find the right price, Kevin will balance the value of homes in your neighborhood, current market trends and buyer demand, the condition of your house, and more.

Not to mention, pricing your house fairly based on market conditions increases the chance you’ll have more buyers who are interested in purchasing it. This helps lead to stronger offers and a greater likelihood it’ll sell quickly.

Why You Still Have an Opportunity When You Sell Today

Rest assured, it’s still a sellers’ market, and you’ll still get great benefits if you plan accordingly and work with me to set your price at the current market value. As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:

“Homes priced right are selling very quickly, but homes priced too high are deterring prospective buyers.”

Mike Simonsen, the Founder and CEO of Altos Research, also notes:

“We can see that demand is still there for the homes that are priced properly.”

Bottom Line

Homes priced right are selling quickly in today’s real estate market. When you choose to work with Kevin McVicker, he will make sure you price your house based on current market conditions so you can maximize your sales potential and minimize your hassle in a shifting market.

If you’re interested in real estate investing, you need to know about 1031 exchanges. Why? This type of transaction can help scale and optimize your portfolio when executed strategically and under the right circumstances.

When you sell an investment property, you’ll pay some hefty capital gains taxes at the time of the sale if you have gains. These taxes will surface at the federal level. The amount will vary based on your income, but in most cases you’re looking at around 15%-20% for federal taxes on capital gains.

Depending on where you live, gain could also be taxed as income or gain at the state level. Further, accumulated depreciation recapture hangs around till the last mile and is taxed at a federal rate of 25%, with varying results at the state level. It would be advisable to get in touch with your CPA for a translation. (In some cases, capital gains taxes can go up to 28 percent).

However, you won’t owe any taxes at the time of sale if you execute your 1031 deferred exchange properly.

Also known as a “like-kind” exchange, a 1031 deferred exchange allows you to defer all capital gains taxes if you reinvest the proceeds in a new property or portfolio of properties of equal or higher value and maintain similar or higher loan amounts. There are other things that need to be considered, but these are the two big ones.

Did you know? You have to hire a Qualified Intermediary (QI) to facilitate 1031 tax-deferred exchanges. Nationwide, the average cost of a QI is around $1,250.

Pros of a 1031 exchange

Beyond the obvious plus of deferring capital gains taxes, there are a number of other reasons why 1031 exchanges are an attractive option for property investors. Here are a six key benefits:

#1: Opportunity to invest in a portfolio

“Like-kind” doesn’t necessarily mean a house for a house. It just means the new investment has to be investment real estate. The recent changes in tax law eliminated all exchange types except for real estate.

This means real estate investors win. Some of the most astute real estate investors have 1031 exchanged a single-family home in a highly appreciated market such as California in order to purchase a portfolio of rental properties in a lower volatility/more affordable state with better cash flow, which can generate greater returns over time.

#2: Ability to elect to reset your depreciation

As a property owner, you can write off “depreciation” of your asset to compensate for deterioration related to the wear and tear, aging or other structural obsolescence of the home. For example, the IRS recognizes 27.5 years as the depreciable time period for an investment property (your CPA can describe other acceptable methods). This means that every year, the amount of the value of your “improvements” (the value of the building) divided by 27.5 can be deducted from ordinary taxable income for 27.5 years. Translation: You have the potential to reduce the amount of income taxes you pay because of depreciation.

However, overall appreciation is typically realized in the value of the land and not the property. This is because assessors typically don’t have information on improvements made to the property unless there is a sale. So while your property may have increased in value based on structural improvements, you may only be able to achieve a similar benefit of depreciation as when you initially bought the property.

In a 1031 deferred exchange, your CPA may elect to reset the depreciable amount of your investment property to a higher value that would give you a bigger tax benefit. Again, see your CPA for a translation.

#3: Exposure to new markets

Want to invest in a market with growing potential? Like-kind exchanges aren’t constrained within state lines. This means you can capitalize on one of real estate’s best advantages, which is the diversification of risk. Getting your foot in the door of an up-and-coming market early could lead to bigger returns down the road.

#4: Trade up for higher-value properties

A 1031 deferred exchange lets you trade up to a property or portfolio of properties with higher returns or qualities that better match your investing goals — and you won’t have to pay tax on the new investment until you sell (unless you choose to do another 1031 exchange).

#5: Greater exit flexibility

Single-family homes can be traded in smaller amounts, which provides flexibility and freedom.

Purchasing a portfolio of single family rental properties gives you the flexibility to sell portions of your assets over time, on your time. One of the great things about single-family rental properties is the ability to accessorize. Commercial real estate typically trades in one big lump, which can create liquidity constraints. Single-family homes can be traded in smaller amounts, which provides flexibility and freedom.

#6: Build equity over time

There’s no cap on how many times you can do a 1031 exchange. That means you could turn a duplex into a fourplex into a single-family rental portfolio into a real estate empire.

Cons of a 1031 exchange

While 1031 exchanges can be a fruitful strategy, there are a couple of challenges to be aware of before you start the process. 

#1 There’s a tight timeline

There are very strict timeline requirements when it comes to 1031 exchanges. You have 45 days to identify which property(s) you plan to buy, and you must close on that property(s) within 180 days. So if you’re not prepared to make things happen quickly, a 1031 exchange may not be the best option.

#2 Finding “like-kind” properties can be difficult

In order to do a 1031 exchange, you must first identify which property(s) you’d like to invest the money in. However, it can be very challenging to find “like-kind” replacement properties that fit the bill, especially within the time constraints of 1031 exchanges. Keep in mind, gains deferred in a 1031 exchange are tax-deferred, but not tax-free. Have the right plan and resources in place. You don’t want to scramble and end up with a subpar property that doesn’t fit your long-term investment goals just to avoid taxes. Or worse yet, you could have to pay taxes on the entire gain.

#3 You’re taxed on “boot”

If you have any cash left from the sale after you close, the Qualified Intermediary will pay it back to you. However, that money (referred to as “boot”) is taxed as capital gains. Additionally, as we mentioned earlier in this article, accumulated depreciation recapture hangs around till the last mile and is taxed at a federal rate of 25%, with varying results at the state level.

If you used leverage, you also need take your loans into account, both on the property you’re selling and the new one(s) you’re purchasing. If your liability is going down, it will be treated and taxed just like cash boot.

Say, for example, you had a mortgage of $1M on the old property, but a mortgage of just $800K on the exchange property. You’d be taxed on that $200K gain.

Add Value To Your Home With These 9 DIY Improvements

Whether you’re prepping your house to go on the market or looking for ways to maximize its long-term appreciation, these nine home improvement projects are great ways to add function, beauty, and real value to your home.

The best part is, once you’ve secured the materials, most of these renovations can be completed over the course of a weekend. And they don’t require a lot of specialized skills or experience. So grab your toolbox, then get ready to boost your home’s appeal AND investment potential!

1. Spruce Up Your Landscaping

Landscaping improvements can increase a home’s value by 10-12%.¹ But which outdoor features do buyers care about most? According to a survey of Realtors, a healthy lawn is at the top of their list. If your lawn is lacking, overseeding or laying new sod can be a worthwhile investment—with an expected return of 417% and 143% respectively.¹

Planting flowers is another great way to enhance your home’s curb appeal. And if you choose a perennial variety, your blooms should return year after year. For an even longer-term impact, consider planting a tree. According to the Council of Tree and Landscape Appraisers, a mature tree can add up to $10,000 to the value of your home.²

2. Clean The Exterior

When it comes to making your house shine, a sparkling facade can be just as important as a clean interior. Real estate professionals estimate that washing the outside of a house can add as much as $15,000 to its sales price.³

A rented pressure washer from your local home improvement store can help you remove built-up dirt and grime from your home’s exterior, walkway, and driveway. Just be sure to read the instructions carefully—and only use it on surfaces that can withstand the intensity. When in doubt, a scrub brush and bucket of sudsy water will often do the trick.

3. Add A Fresh Coat Of Paint

New paint can have a big impact on both the appearance and value of a property. In fact, it’s one of the most effective ways to revitalize a home’s exterior, update its interior, and make it appear larger and brighter. The best part? Painting is relatively easy and inexpensive!

To get the maximum return at resale, stick with a modern but neutral color palette that will appeal to a broad range of buyers. According to a recent survey of home design experts, cool neutrals are a safe bet when it comes to interior paint. And respondents chose white and gray as the best exterior paint colors to use when selling a home.⁴ However, it’s important to consider a property’s architecture, existing fixtures, and regional design preferences, as well.  

4. Install Smart Home Technology

In a recent survey, 78% of real estate professionals said their buyer clients were willing to pay more for a home with smart technology features.⁵ The most requested smart devices? Thermostats (77%), smoke detectors (75%), home security cameras (66%), and locks (63%).⁶

The good news is, many of these gadgets are fairly easy to install. And some of them, including smart thermostats and light bulbs, will pay for themselves over time by making your home more energy efficient. In fact, many manufacturers report that smart thermostats can cut back on heating and cooling costs by 10-20%.⁷  

If you already own a smart speaker, like Amazon Alexa or Google Home, choose devices that will pair with your existing technology. This will enable you to create a truly integrated (and in many cases voice-activated) smart home experience.

5. Modernize Your Window Treatments

Smart—or motorized—blinds are also growing in popularity, and several manufacturers make models you can order and install on your own. But they’re not the only way to modernize your window treatments.

If you have old aluminum blinds, consider replacing them with plantation shutters, which are energy efficient, durable, and have strong buyer appeal.⁸ Roman and roller shades are another stylish alternative, and they come in a variety of colors and fabrics, which you can personalize to meet your design and privacy preferences.

Fortunately, upgrading your blinds has gotten easier and less expensive in recent years. There are a number of retailers that specialize in affordable window coverings that are simple to measure and hang yourself.

6. Replace Outdated Fixtures

Drastically transform the look and feel of your home by swapping out dingy and dated fixtures for contemporary alternatives. Start by assessing your current light fixtures, faucets, cabinet hardware, door knobs, and even switch plates. Then prioritize replacing those that are particularly outdated or in highly-visible areas, such as your entryway or kitchen.

Even if your home is fairly new, consider trading your builder-grade fixtures for higher-end options to give it a more upscale appearance. And forget the old rule about sticking to one metal tone throughout your property. According to designers, mixing metal finishes can add interest and character to a space.⁹

For more designer insights and decor trends you can refer to our recent report: “Top 5 Home Design Trends for a New Decade.”

7. Upgrade Your Bathroom Mirror

A minor bathroom remodel offers one of the best returns on investment, with a $1.71 increase in home value for every $1 you spend.¹⁰ We’ve already explored several improvements you can make to your bathroom: new paint, fixtures, and hardware. Now complete the look by upgrading your vanity’s mirror.

Before you purchase a new mirror, examine your existing one to see how it is attached to the wall. Some vanity mirrors are glued to the wall and difficult to remove without shattering the glass or damaging the sheetrock behind it.¹¹

If you prefer to keep your existing mirror, you can paint the frame—or add one if it’s currently frameless. There are several online retailers that will send you the frame components cut to your specifications, which you can assemble and mount yourself. Much like a work of art, your vanity mirror serves as a focal point for your bathroom, so let your creativity shine through!

8. Shampoo Your Carpet

Carpet is notorious for trapping dust, dirt, and allergens. It’s one of the reasons that most buyers prefer hard surface flooring.¹² But if you love your carpet, or you’re not ready to invest in an alternative, make an effort to keep it clean and odor-free.

To properly maintain your carpet, you should vacuum it weekly. Experts also recommend a deep shampoo at least every two years.¹³ Fortunately, this is a cheap and easy DIY project you can knock out in about 20 minutes per room. According to Consumer Reports, you can rent a machine and purchase cleaning fluid and supplies for around $90. With an average return on your investment of 169%, it’s well worth the effort and expense.¹⁴

9. Customize Your Closet

Real estate professionals estimate that a closet remodel can add $2500 to a home’s selling price.And while a professional renovation can cost upwards of $6000, there are many high-quality DIY closet systems you can customize and install yourself.¹⁵

Experts recommend taking a thorough inventory of your wardrobe and accessories before you get started. Make sure frequently-worn pieces are easy to reach, and store seasonal and seldom-used items on high shelves. Place shoe racks near the closet entrance so they are easy to access.¹⁶ A little planning can go a long way toward building a closet that you (and your future buyers!) will love.

GET A COMPLIMENTARY ANALYSIS OF YOUR PROJECT   We’ve been talking averages. But the truth is, the actual impact of a home improvement project will vary depending on your particular home and neighborhood. Before you get started, contact us to schedule a free virtual consultation. We can help you determine which upgrades will offer the greatest return on your effort and investment. Just fill out the form below.

Sources:

1. HomeLight –
   https://www.homelight.com/blog/improve-curb-appeal-landscaping/
2. National Association of Realtors –
   https://www.realtor.com/advice/home-improvement/landscape-renovations-that-pay-off/
3. HouseLogic.com – https://www.houselogic.com/save-money-add-value/add-value-to-your-home/adding-curb-appeal-value-to-home/
4. Fixr –
   https://www.fixr.com/blog/2020/01/14/paint-color-trends-in-2020/
5. T3 Sixty –
   https://blog.coldwellbanker.com/wp-content/uploads/2018/01/CES2018-Smart-Homes-An-Emerging-Real-Estate-Opportunity.pdf
6. Consumer Reports –
   https://www.consumerreports.org/smart-home/smart-home-tech-upgrades-to-help-sell-your-house/
7. American Council for Energy Efficient Economy
   https://www.aceee.org/sites/default/files/publications/researchreports/a1801.pdf
8. Forbes – https://www.forbes.com/sites/trulia/2016/07/05/10-upgrades-under-1000-that-increase-home-values-2/#47b0d3162e60

Whether you’re planning a simple refresh or a full-scale renovation, it’s important to stay up-to-date on the latest trends in home design. Sellers who make tasteful updates can generate increased buyer interest and, in some cases, a premium selling price. And buyers should consider which features of a home will need updating immediately (or in the near future) so they can factor renovation costs into their overall budget.

Even if you have no immediate plans to buy or sell, we advise our clients to be thoughtful about the colors, materials, and finishes they select when planning a remodel, or even redecorating. Choosing over-personalized or unpopular options could hurt a home’s value when it does come time to list your property. And selecting out-of-style or overly-trendy elements could cause your home to feel dated quickly.

To help, we’ve rounded up five of the hottest home design trends for 2020. Keep in mind, not all of these will work well in every house. If you plan to buy, list, or renovate your property, give us a call. We can help you realize your vision and maximize the impact of your investment.

Photo by Rethink Design Studio – Browse living room ideas

1.  IN: Sustainability / OUT: Fast Furniture

Consumers have become increasingly eco-conscious. Many are shunning the mass-produced, “fast furniture” popularized by retailers like IKEA, opting instead for higher-quality pieces that are built to last. And the availability of non-toxic, environmentally-friendly furniture and decor options is set to grow in 2020 and beyond.

At the same time, there’s been a noticeable shift toward individuality in today’s interior design. Instead of following the latest fad, more homeowners are opting to embrace their personal style and invest in items they believe will “spark joy” (à la Marie Kondo) for years to come.

Want to know more about Marie Kondo’s famous organization method and how it can increase your home’s value? Contact us for a free copy of our recent report, “Top 6 Home Organization Upgrades That ‘Spark Joy’ for Buyers.”

To incorporate this trend, designers recommend layering old and new pieces for a curated look that you can build over time. Instead of purchasing a matching furniture set from a big-box retailer, buy one or two sustainably-sourced pieces that complement what you already own. Try searching estate sales and Craigslist for vintage classics or well-built furniture that can be refinished. And to accessorize your room, mix sentimental items with newer finds to create a truly personalized space.

Photo by Wander Designs – More dining room photos

2.  IN: Cozy / OUT: Cold

Designers are moving away from cool grays, industrial finishes, and stark modernism. In 2020, there’s a big emphasis on creating warm and cozy spaces through color, texture, and shape.

Gray has dominated the color palette for the past decade. This year, expect to see a move toward warmer neutrals, earth tones, and nature-inspired shades of blue and green. Warm metals, like gold and brass, will also continue to trend. And hardwood floors are heating up, as cool gray and whitewashed finishes fade in popularity. Expect to see a rise in classic choices like walnut, mahogany, and oak in richer and darker tones.

Furniture will also get cozier—and curvier—in 2020. From rounded sofas and curved-back chairs to oval dining tables, softened-angles are dominating the furniture scene right now. And designers expect softly-textured fabrics—like velvet, shearling, and mohair—to be big this year, as homeowners strive to add a touch of “hygge” (the Danish concept of calming comfort).

Want to warm up your home decor? Try one of the top paint colors for 2020: Benjamin Moore’s First Light (soft pink), Sherwin Williams’s Naval (rich blue), or Behr’s Back to Nature (light green).

Photo by Halo Interior Design – Search powder room design ideas

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3.  IN: Bold / OUT: Boring

Bold is back! After years of neutral overload, vivid colors and prints will take center stage in 2020. Expect to see geometric designs, color blocking, and floral and botanical patterns on everything from pillows to rugs to wallpaper.

The hottest trend in interior paint right now is bold trim and ceilings. Monochromatic rooms (e.g., walls, ceilings, and millwork painted the same color) will be big this year, as well as high-contrast pairings, like white walls with black trim. Color is coming back to kitchens, too, and two-toned color schemes continue to gain steam. In 2019, 40% of remodelers chose a contrasting color for their kitchen island.¹ While white was still the top choice for cabinets, blue and gray are increasingly popular alternatives.

If you’re ready to “go bold,” separated spaces like laundry and powder rooms are great places to start. It’s easier to incorporate busy wallpaper or a bright wall color in an enclosed area because it doesn’t have to flow with the rest of your decor.

Of course, clients always want to know how design choices could impact their home’s value. The reality is, neutral finishes are still the safest bet for resale. If you’re prepping your home to go on the market, stick with non-permanent fixtures—like artwork and accessories—to brighten your space.

Photo by CplusC Architectural Workshop – Discover staircase design ideas

4.  IN: Nature / OUT: Industrial

Biophilic design has been big the past few seasons, and it isn’t going anywhere in 2020. It centers around the health and wellness benefits of connecting with nature, even while indoors, and it’s impacted the latest trends in color, prints, and materials.

As we mentioned previously, floral and botanical patterns are hot right now, along with nature-inspired hues, like blues, greens, and earth tones. We’re also seeing a heightened use of organic shapes and sustainable materials in furniture and furnishings, including wood, wicker, rattan, and jute. This infusion of nature coincides with a decline in the popularity of urban-industrial fixtures. Designers predict that concrete floors and Edison light bulbs are on the way out.

Want to bring in elements of biophilic design on a budget? Houseplants are a great place to start. But you can also enhance your home’s natural light and create a visual sightline to the outdoors by removing heavy curtains and blinds. And when the weather is nice, open your windows and enjoy the breeze, sounds, and smells of nature. These simple acts are scientifically proven to help reduce stress, boost cognitive performance, and enhance mood!²

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Photo by Wickes – Browse kitchen photos

5.  IN: Functional / OUT: Fussy

In 2020, homeowners want design that’s beautiful, but also liveable. With the rise in remote workplaces, online shopping, and virtual exercise classes, many of us are spending more time at home than ever before. Cue the growing appeal of multi-functional spaces, like a combination kitchen/office or gym/playroom. Real life—and rising housing prices—necessitates creative use of limited space.

Durable, low-maintenance materials will also surge in popularity this year. Engineered quartz—which is more stain, heat, and chip-resistant than natural stone—is now the #1 choice for kitchen countertops.¹ Waterproof, wood-look luxury vinyl is the fastest-growing segment in the flooring industry.³ And improvements to water and stain-resistant performance fabric has made it a mainstream option for both indoor and outdoor upholstery.

Now that functional is hot, what’s not? Designers say that mirrored furniture, open shelving, and all-white kitchens are too impractical for today’s busy families.

So how can you start enjoying the time and energy-saving benefits of this design trend? Begin by structuring each room so that it best suits your needs. And when purchasing furniture or fixtures, choose options that are durable and easy-to-clean. The truth is, design fads come and go. But a comfortable and relaxed home (that you don’t spend every spare minute maintaining!) can help create memories to last a lifetime.

DESIGNED TO SELL

Are you contemplating a remodel? Want to find out how upgrades could impact the value of your home? Buyer preferences vary greatly by neighborhood and price range. We can share our insights and offer tips on how to maximize the return on your investment. And if you’re in the market to sell, we can run a Comparative Market Analysis on your home to find out how it compares to others in the area. Contact us to schedule a free consultation!

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Radon is the second leading cause of lung cancer after cigarette smoking. If you smoke and live in a home with high radon levels, you increase your risk of developing lung cancer. Having your home tested is the only effective way to determine whether you and your family are at risk of high radon exposure.

Radon is a radioactive gas that forms naturally when uranium, thorium, or radium, which are radioactive metals break down in rocks, soil and groundwater. People can be exposed to radon primarily from breathing radon in air that comes through cracks and gaps in buildings and homes. Because radon comes naturally from the earth, people are always exposed to it.

The U.S. Environmental Protection Agency and the Surgeon General’s office estimate radon is responsible for more than 20,000 lung cancer deaths each year in the U.S. When you breathe in radon, radioactive particles from radon gas can get trapped in your lungs. Over time, these radioactive particles increase the risk of lung cancer. It may take years before health problems appear.

People who smoke and are exposed to radon are at a greater risk of developing lung cancer. EPA recommends taking action to reduce radon in homes that have a radon level at or above 4 picocuries per liter (pCi/L) of air (a “picocurie” is a common unit for measuring the amount of radioactivity).

Your chances of getting lung cancer from radon depend mostly on:

• How much radon is in your home–the location where you spend most of your time (e.g., the main living and sleeping areas)
• The amount of time you spend in your home
• Whether you are a smoker or have ever smoked
• Whether you burn wood, coal, or other substances that add particles to the indoor air

The chances of getting lung cancer are higher if your home has elevated radon levels and you smoke or burn fuels that increase indoor particles.

Protect Yourself and Your Family from Radon

Having your home tested is the only effective way to determine whether you and your family are exposed to high levels of radon. Steps you can take to measure and reduce radon levels include:

• Purchasing a radon test kit
  • Find a Radon Test Kit or Measurement and Mitigation Professional
• Testing your home or office
  • Testing is inexpensive and easy — it should only take a few minutes of your time. It requires opening a package and placing a small measuring device in a room and leaving it there for the desired period. Short-term testing can take from a few days to 90 days. Long-term testing takes more than 90 days. The longer the test, the more relevant the results are to your home and lifestyle.
• Sending the kit to appropriate sources to determine radon level
  • Follow the directions on the test kit packaging to find out where to send the device to get the results.
• Fixing your home if radon levels are high
• Stop smoking and discourage smoking in your home.
  • Smoking significantly increases the risk of lung cancer from radon.
• Increase air flow in your house by opening windows and using fans and vents to circulate air.
  • Natural ventilation in any type of house is only a temporary strategy to reduce radon.
• Seal cracks in floors and walls with plaster, caulk, or other mate­rials designed for this purpose.
• Contact your state radon office for a list of qualified contractors in your area and for information on how to fix radon problems yourself. Always test again after fin­ishing to make sure you’ve fixed your radon problem.
  • Ask about radon resistant construction techniques if you are buy­ing a new home.
    • It is almost always cheaper and easier to build these features into new homes than to add them later.

For more information on testing your home, check with your state radon office or call the National Radon Hotline at 1-800-SOS-RADON.

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