Get Top Dollar When Selling Your Home!

Many sellers do not have the time or want to spend the cash to make every square foot of a home perfect for buyers. You do not need perfection a few small, inexpensive upgrades can significantly increase the value of your house.

Here are some tips to help get top dollar, no matter how much money you have available to invest.

Think curb appeal

The exterior of your home and the front yard are the first impression. Inexpensive improvements can add instant curb appeal, so do not overlook some easy fixes.

Make sure the lawn is mowed and the house numbers are visible and attractive. You can get inexpensive new ones at any home improvement store.

Try power-washing the exterior of the home or putting on a fresh coat of paint to brighten it up.

Make a home more inviting by adding some flowers or other plants.

If the home has a patio, add some cozy furniture to show buyers the outdoor entertaining potential.

Add great outdoor lighting, because people will be cruising by your listing at all hours of the day and night.

In some cases, you may find that a few larger external remodeling projects can really raise resale value, according to a report on remodeling impacts by the National Association of Realtors.

You may also want to consider a fence, which can help attract people with pets or young children, who are normally looking for a little extra privacy and safety.

Make upgrades indoors

Moving inside the home, plenty of projects require relatively small amounts of time and money.

In the kitchen, try a fresh coat of paint, new handles on kitchen cupboards or applying a new tile backsplash.

Take a hard look at your closets to see if they would benefit from extra shelves or additional organizing help. These upgrades make a home feel like it has been updated and help would-be buyers see potential.

Before buying new interior fixtures and materials, see what you can fix. Sure, new hardwood flooring would be great, but so would refinishing the wood flooring you already have (and likely for a lot less money). In fact, a hardwood flooring refinish typically recoups an estimated 100% of that cost upon resale.

Pick practical over pretty

It is great when you can add aesthetic elements to your home to attract buyers. But, many times, practical trumps pretty.

Pay a little attention to your roof. Wash it, clear it of any debris and take care of any small problem spots. If its beyond small repair, you may have to replace the entire thing.

Clean out the gutters to make them look nicer and more functional. After all, potential buyers will be looking at your home in all sorts of weather, and they will want to see that your water drainage system works.

Above all, make sure the major problems are addressed. Even if a potential buyer does not notice, a home inspector probably will, meaning your sale could fall through further down the line. You not only could lose that buyer, but you may end up having to fix them anyway.

Dozens of small, inexpensive home improvement projects can add instant appeal to your home.


Source: Tom Salomone, National Association of Realtors - and NerdWallet

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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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