If you are planning on selling your home, you will want to take on some simple home improvements before listing it in order increase its value and sell more quickly. Here are six tips to follow when trying to increase your home’s appeal to buyers.
1. Avoid Accruing Debt – You will want to make sure that your home improvements are cost effective and do not require financing. It is important that the money you put into repairs or improvements can be recouped in the sale. For example, instead of completely gutting and renovating a bathroom, a more cost effective improvement would be to invest in sink, counter or bathtub refinishing. Tub refinishing can update the space without all the disruption and major investment of a complete bathroom remodeling.
2. Curb Appeal – Let’s be honest, in the competitive world of real estate, first impressions always count. An unkempt front entry or yard can turn buyers away from your home before they’ve even stepped foot inside. Cleaning and sprucing up your lawn, flowerbeds and walkways is an easy and inexpensive way to make your home more inviting.
3. Urgent Repairs – If there are any urgent repairs such as leaky pipes or faulty electrical wiring, these should be prioritized. A home inspection will likely uncover these types of problems anyway and buyers would make an offer accordingly so you may as well get it taken care of before the house is listed.
4. Neutralize and Paint – Just because you love chartreuse in the powder room, doesn’t mean everyone will! Neutral colors and uncluttered spaces make the house seem larger and make it easier for people to envision their own furnishings in the home. Besides that, a new coat of paint on the walls and trim can freshen up the look of any room.
5. Cosmetic Upgrades – If time and budget permit, you can consider additional remodeling projects to update your home. According to realtors and decorators, the most important areas to update are the kitchen, bath and flooring.
6. Stage It – It is time to clean, declutter, organize and stage your home. A clean and organized house gives the impression that the home has been well cared for and will be easy to maintain. If your closets or storage areas are bursting at the seams, you may want to move some of the clutter out of the house before the showings. Too much clutter and disorganization makes buyers think the home isn’t big enough to accommodate all of their things.
If you are considering making improvements to your house before selling it, talk to your realtor or local home improvement expert to see what areas of your home they recommend targeting.