Are you planning to sell your home soon? Take some time right now to get it ready to receive the greatest pricing. While you may need to address some essential repair issues first, these cosmetic updates can help polish your house and set the stage for a faster sale.
Before you place your house on the market, remember to put yourself in the shoes of a possible buyer. Examine your surroundings to discover what needs to be updated, cleared away, or spruced up. Many times, small improvements can have a significant effect.
Before you start renovating and remodeling a house for sale, there are a few things you should know.
1. Get It Painted!
The lowest-cost improvement is painting with the highest rate of return, so it’s no surprise that 36 percent of house sellers opt to undertake it. A fresh coat of neutral paint may give the entire home a facelift when you’re attempting to sell.
Consider acquiring color choices from a qualified professional because paint colors can be problematic depending on lighting and other characteristics in the property.
2. Uplift the Kitchen
The kitchen is unquestionably the heart of any home. Thus it must be in excellent condition. A kitchen remodel is the best method to improve a property’s value by more than 12.5 percent, according to a 2018 survey.
Many aesthetic changes can completely transform the appearance without breaking the bank. It’s as simple as removing the cabinets, sanding them, painting them off-white, and replacing the handles.
3. Roof Replacement
Replacing your roof might yield a significant return on your investment. Because the roof is one of the most important components of a home, it will be a major issue for potential purchasers. A lousy roof may make or ruin a trade.
When it comes to a leaky or unstable roof, you have two options. You can choose not to replace it and sell the house as-is, knowing that the sale price will be low. Some banks, on the other hand, will not lend money to a homeowner who needs a new roof. If you replace the roof, you may be able to increase the market value of your home.
4. Go Solar!
Investing in solar power for your home is a fantastic way to help the environment while also saving money on your energy costs. In fact, there are additional advantages to adopting solar panels, such as attaining some degree of energy independence and increasing the perceived value of one’s home.
Solar panels will, without a doubt, raise the value of your home. A solar array of typical size can add $15,000 to the cost of a modern home. People are willing to pay that and more in some circumstances.
It is claimed that energy-efficient homes have historically sold faster and for more money than properties without solar panels.
5. Add Customization with a Twist
Unique designs such as textured walls, eccentric wallpaper, and unusual tiling, as well as built-in amenities, such as walled aquariums or high-end electronics, maybe just what you’re looking for, but they’re sometimes off-putting to purchasers.
A lot of stuff is perceived as a hassle by buyers, either in terms of upkeep or replacement costs. Buyers would likely exclude the cost of replacing these elements from their offers if your home has a lot of customization that might appeal to a wide audience.
6. Put the Clutter Away
Skip this suggestion and go on if you have a minimalist decorating style and few items. For the rest of us, it’s worth remembering that burying your home’s positive characteristics beneath mountains of junk will only make it more difficult for a buyer to fall in love with your home.
Send anything you won’t be using in the next few months to a storage facility. While you’re at it, take a look at your furniture and get rid of anything that doesn’t seem quite right or makes a room feel claustrophobic.
Before upgrading your home and placing it on the market, you should ask your realtor for a list of previously sold homes in your neighborhood and look at what kind of features and additions those homes have.
You have complete freedom as a homeowner to make any modifications you wish. After all, you’re the one who has to live there. If you want to remain for a while, don’t be afraid to invest in upgrades that will make your stay more comfortable and enjoyable.
However, keep in mind that if you decide to sell your property, you may need to spend on extra improvements or modifications to make it more appealing to potential buyers.