As Spring is here, the housing market is getting more and more active. There are huge increase of “foot traffic” (prospective buyers visiting homes) as well as housing inventory (houses for sale). This article is good for sellers to prepare their houses for sale.
No one wants to spend money on a home they aren’t going to be living in, so when it comes time to prep your house for the market, you may wonder what kind of fixes will bring the most value to your home without breaking the bank. Consider making these five fixes to help your property sell.
1. Paint the walls
A bucket of paint doesn’t have to break the bank, and can make a world of difference. Tone down any vibrant wall colors and spruce up the other walls with a fresh coat of neutral paint. Avoid any tones that are intense and dark to ensure that your home appeals to the widest range of people.
2. Make repairs you’ve been putting off
If you’ve been working on some simple home repairs that have yet to be finished, or you know of some necessary maintenance needs that have to be handled, now is the time to take care of them. The buyer’s home inspector will find these issues anyway, so you’re better off fixing them now without holding up offers you could be getting in the meantime. In addition, it is not uncommon for a buyer to revoke an offer if the home inspection report comes back with an abundance of safety concerns and needed repairs.
3. Change up the flooring
Changing the flooring may seem like an expensive “fix,” but it doesn’t have to be. If you have a wood floor, re-stain it. If you have old carpeting, hire a professional cleaning company to make it look brand-new again, and replace any old, torn vinyl flooring. You also have the option of adding an area rug onto old flooring or carpets. Floors take up a huge part of the home, and if they are stained or dated, potential buyers will take notice—and more importantly, they will be turned off.
4. Install new countertops
Similar to the prior fix, this one can sound a little pricey, but as you’ve probably heard before, the kitchen and bathrooms are the main selling points of a home. If you’re serious about selling your property quickly, you may want to consider updating these areas with new countertops. Get rid of the laminate, and opt for natural stone, quartz or solid surface countertops. Buyers will notice.
5. Hire a stager
You will be amazed at how moving around some furniture can completely change the aesthetics of your home. Hire a stager, and let his or her expertise bring more value to your property, and a higher number than your asking price. It’s key to hire an experienced stager who has an excellent track record, and an even better portfolio, to ensure that you reap all the benefits.
With a few fixes, your home will be ready and primed to be put on the market. If possible, space these five fixes out over the course of a couple months prior to listing your home, and the renovations won’t feel like a major investment at all. With these small but effective tweaks, now you’ll be in a great position to sell your home and move on!