When
you sell a house in a buyers market, many things work against you. If your home is too “beat up” and in need of
work, it may discourage interest from conventional buyers. What this means for you is, the only people
that may be interested in the home would be that of contractors or would be
home flippers, and more than likely they will lowball you on your price.
Taking
care of the repairs before selling the home will affect your asking price. You are much more likely to get more for your
home by taking care of the repairs, and too; you can certainly roll the cost of
the repairs into you homes sale price.
I
have found in the latest home statistics reports that you can recoup up to 75%
of exterior remodeling expense, whereas interior remodeling projects value
returns of 45% to 73%.
Here
are some quick, and easy, yet cost effective remodeling tips you can do to not
only increase your homes value, but you will also recoup most of your expense.
It’s a win win, for sure.
PAINT-Painting your home
is the most cost effective and profitable improvement you can make. A fresh coat of paint on the outside of the
home makes the outer appearance much more cleaners, and tents to hide
weathering. Paint the interior walls a
neutral color, I suggest an “Oyster White” on the walls, and the ceilings white
to make the rooms look much bigger.
LIGHTING- Replace those
outdated fixtures. Updating your décor
will attract buyers, whereas old fixtures can discourage buyers.
Planted
landscaping- Buyers are attracted to a well manicured, clean, and bright
colorful front yard and back yard. Sweep
up your patio and deck and decorate with potted plants and flowers. Trim up your trees and bushes, and toss down
a fresh layer of mulch in your flowerbeds.
Last
but not least…
Clean
the Garage- Believe it or not a clean, organized garage will set off a
very good impression to buyers. If your
garage has an unfinished wall, then toss up a piece of white board. Install shelves on the walls. Organize the
large items in your garage and free up the clutter as much as possible. Lastly, a fresh coat of white paint on the
walls will not only make your garage appear to look larger, but will also make
it look much cleaner. Buyers are
attracted to a large, clean garage.