When people make the life changing decision to sell their home they sometimes believe that they have to put their home on the market as quickly as possible. In theory, the quicker you list the quicker you can find a buyer for your property. The reality, however, is that without taking a little extra time to make sure your property presents itself in the best possible light you may be doing yourself a disservice and making it harder to sell your home. In today’s market, most buyers today would rather spend a little more money on a finished product rather than shopping for a discount. A lot of times the buyers simply don’t have the time, desire, or the capital to do the work needed on a fixer upper. By making even minor updates, your property shows better and will ultimately help attract more interested buyers. In this post we hope to give you four updates you should always consider doing prior to listing your house.
Roof: One of the first spots to make sure you have updated before you sell is your roof. When spending money on updates, the goal is always to realize a return on your investment when you sell. If your roof is nearing the end of its useful life it will cost thousands of dollars to fix and many times buyers don’t want to pay for a new roof before moving in to the property. If your roof is in shambles, your potential buyer will either look at other homes on the market or take the roof into consideration and offer well below the listing price. If it isn’t in good condition, they can use the roof to justify the amount they offer to you, and this makes it so you won’t have much leverage to work with. So, although updating the roof won’t be cheap, by spending s little extra money your home will attract more interested buyers that should push your sales price higher.
Kitchen Appliances:Over the past decade there has been a noticeable shift in what buyers find desirable in a house. Previously, buyers were more focused on finding good land and house space and would pay a premium for it. Today, most buyers are more focused on finding the perfect kitchen and bathroom for their home above all else. Large living rooms can also be appealing to buyers, but the kitchen is usually the first room that is noticed. Today, instead of knocking down walls and starting from scratch, you can simply update the appliances. New appliances can give the feel of an updated room without a full face-lift, saving you money and time.
Flooring: When they first walk into a potential home, many times the buyers eyes will go straight to the floors and to the walls. When a buyer walks in a house the last thing they want to see is thick, orange carpeting. Although the carpet may have been comfortable and appealing to you, it might not be what buyers are looking for in a new house. When selling, you always need to think about appealing to the greatest number of people, and if that requires making a change to your beloved orange carpet, then so be it. Today’s buyers, for the most part, want to see hardwood in the home in lieu of carpeting. To be safe, always check to see if you have hard wood floors under the carpet, as this can make the transition easier if all you have to do is remove the carpet vs having to remove the carpet and install the new floors. You may be able to get away with simply staining and restoring the existing floor instead of installing a new one. If you have existing hardwood you should give it an update and look to replace any boards that are worn and chipped. Inevitably, this is where buyer’s eyes will look and can change the way they think about your property, so every penny counts when it comes to your homes flooring as you prepare to sell.
Painting: As we previously mentioned, most buyers notice the walls and floors almost as soon as they walk in a property. If the walls haven’t been touched up in years it is always a good idea to freshen them up before you sell. A new coat of paint can do wonders on the look and appeal of not just the room, but the overall feel of the property. Another tip we can give you is to change the kids room that had multicolored walls to a uniform solid color. This will help make sure your house in desirable to the greatest number of people possible. Additionally, painting the hallway and removing the hand prints makes the house feel new and like it was taken great care of for years.
Updating your home prior to listing is almost always helpful and it can help your property sell faster and for the price you are looking for. If you are considering listing your property talk to your real estate agent and ask what updates you should make before you do so. We believe that with these tips in mind you can ensure others see as much value in your home as we do.