To get top dollar for your home, renovations may be necessary. However, some renovations can prove costly and they don’t always add value to your home. Here are three inexpensive renovations that are sure to improve the resale value of your home.
First Impressions Matter
Your home needs to have curb appeal. If the potential buyer doesn’t see that, it will be difficult to get the price you want. Spend money and time landscaping your yard. Pressure wash your driveway. Paint your front door. Make your porch look welcoming. If you do all of this yourself or with the help of family and friends, the costs will be reasonable.
After a prospective buyer is impressed by your nicely kept lawn, you will want to continue impressing him/her with your interior design. Buyers know what they want when it comes to the number of bedrooms and baths. You have something they want or they would not be looking at your home. Now, you need to keep their attention.
Freshening Up the Interior
Each room needs to be freshly painted in a neutral color. Old wallpaper and borders should be stripped and walls repainted. Make each room look larger by clearing any clutter. If possible, remove any unnecessary furniture and store it somewhere else. Have any carpets professionally cleaned, and be sure to polish any hardwood flooring. In the bedrooms, de-clutter your closets. Your kitchen and bathrooms should be sparkling. Clean and organize counters and cabinets. Again, most of these suggestions cost little but add great value to your home. The bottom line is the home has to be clean, clean, clean.
When you think of upgrades, you many automatically assume major costs with little return. However, many upgrades may be within your budget. Consider making some of these affordable upgrades to your home.
Living Areas/Family Rooms – If you’re going for a more elegant touch, add some crown molding. For a more rustic feel, add box beams. Improving the ceilings of main rooms will add value to your home.
Hardware and Fixtures – Painting and changing the hardware on your cabinet doors can change the look of a room dramatically. Add new fixtures such as lighting and doorknobs for a more updated look.
Kitchen - Do you have a kitchen that needs updating or sprucing up or maybe that is why your are moving, you don't want to put the money into updating the kitchen. Here are a few suggestions, try adding a nice backsplash, changing out the counter tops if you can, either paint the cabinets and change out the hardware or just change out the hardware, try putting a nice tall faucet as a focal point, you can also change out the kitchen light fixture will add character depending what you hang there.
If you are unsure about just what to do to spend as little as possible before putting up on the market, please call me and I would be happy to walk through, no charge and help you determine if you need to do anything or just staging will help get it sold. I will walk through and tell you what areas are very important to buyers and where, if anything, needs to be tweaked to spend the minimum to get the biggest return. Also if you need anything done I can supply you with a list of handymen or contractors depending on what you need.
If you are thinking of selling in 2015, March is the best time to be getting your home up on the market. You want to position yourself to be the leading one in your neighborhood going up on the market, as the more homes in the immediate area start coming on the market, it drives more competition which will reflect in the price range you will receive. If you have any questions at all, call me, Let's Talk!!
Message from Karen:
If you are thinking of selling, call me for a FREE home evaluation in your neighborhood, from staging, pricing, housing values, interest rates, how appraisers are valuing properties, now that the guidelines have changed. I would love to sit down and talk with you. Just call me and let me know how I can help with your real estate needs, buying or selling. I give exclusive representation. If you are not sure whether you want to sell for fear of not finding that perfect larger home, click on the Search All Area Listings properties below and start searching the areas and see what is out there. I do have a list of contractors whether you decide to remodel or purchase. I can supply you with a list of contractors.
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Notary, ABR, AHWD, CRS, e-Pro, GRI, SFR