Do you want to get house ready sell without sacrificing profits? You’re probably on a tight budget and still working on selling your property by following a strict staging process. Basically, you want to sell your home quickly after preparing it for days. Here are five tips to finally meet the perfect buyer that will make a great offer.
Drawing Buyers In By Improving Curb Appeal
The primary step to consider in preparing to sell your home is to know the things that you need to do before anything else. Obviously, you need to prioritize first impression.
Your goal is to draw buyers in by improving the curb appeal of your home. It should be well-kept, clean and attractive so that many prospective buyers will check the property. Don’t forget to beautify the outdoor area by having a beautiful landscape, clean exterior walls and appealing porch area.
Get House Ready Sell Orlando Area
Even though you need to set aside a small amount of money to upgrade your home, this step shouldn’t be taken for granted. To minimize expenses, you should prioritize upgrading your kitchen and bathrooms. The other goal is to have newly-painted walls and well-arranged furniture.
Let Buyers Visualize Their Own Lifestyle in Your Home
One of the best ways to depersonalize your home is to have a minimalist interior design. To do this, you should clean your home. Don’t forget to remove picture frames and other personal items. This way, potential buyers can visualize their own lifestyle while touring your home.
Aside from that, having a minimalist interior design can help your real estate agent to formulate ideas to sell the property. Since there are no personal items that are visible in traffic areas of the house, it would be easy to inform prospective buyers about your suggestions of improving the house. So to get house ready sell Orlando area, just follow this tip.
Have a Competitive Price for Your Real Estate Property
It is important to research similar properties in your area that are for sale. Take note of the prices set by the sellers. If you have already studied the prices of other similar properties in your area, it will be easier for you to settle on the right price for you. Obviously, you can get house ready to sell in Orlando this way.
Be Sure to Choose the Right Time to Sell Your House
It is widely known that spring is the best time to sell your home. Being the time to beautify your house and the flowers bloom, it is the perfect season to make the property available on the market. Don’t forget to contact cash home buyers, too.
Now that you’re aware how to get house ready sell Orlando area, always do your own research to have complete information. After all, you need to do it right since it involves your home.
Many people want to know how to get cash offers for their homes. The usual reason behind this phenomenon is to sell houses quickly. Whether you’re preparing to list your property in the market, or trying to dispose your inherited realty, these recommendations are useful for you.
If you’re looking for a buyer who readily purchases houses, your best bet is to find cash home buyers. They’ll usually evaluate the property quickly before giving an offer. Once the cash offer is given, you’ll most likely close the deal immediately. After three to five days, you’ll receive the money from cash home investors as payment of your home.
You Can Avoid Costly Repairs
In addition, you can avoid spending extra money to update your property. Basically, the home staging process starts with creating a plan to beautify the house. Then, you need to have minor repairs. It is a very expensive process.
To avoid costly repairs, you can contact cash home buyers. Make sure to ask questions, including their willingness to buy homes as is. If the cash home investors purchase your house in its present condition, then there is no need for you to update your home. As a result, you can save money in the process.
Enjoy Flexibility with Cash Home Buyers
Many cash home buyers will work with you based on your situation. For instance, cash home investors will work with you differently if you’re about to face foreclosure proceeding. They will not follow the traditional route in buying your property that helps you fix your issues.
You Will Get an All Cash Offer
Every seller who seeks help from real estate agents to sell their homes set aside cash to pay for commissions. Aside from that, you will consider paying other fees such as appraisal and concessions. If you will sell your home to cash home buyers, there will be no additional fees.
Convenience in Selling Your Home
If you asked help from a real estate agent, many prospective buyers will visit your place to check the property. You’ll need to clean it all the time. However, coordinating with cash home investors is different. They’re the only people who will check your home. In addition, they will make it convenient and comfortable by communicating through phone calls before the scheduled visit. So get cash offer Orlando area this way.
Do you want to deal with cash home buyers Orlando area? These days, it is challenging to sell a house. The competition is stiff and there are many factors to consider in selling your home quickly. No wonder it is highly recommended to try coordinating with cash home investors.
Best Time to Sell Your House
According to a new study, homes listed from May 1 through May 15 sold faster compared to those listed on a different period. However, this time-frame may change depending on your area. Many people buy homes when the weather is good, so the aforementioned period can shift depending on regional differences such as climate of the place where you live.
Ideal Season to Sell to Cash Home Buyers Orlando
For many home sellers, spring is the best time to offer your property to cash home investors in your area. One huge reason is that it is the time to beautify the garden where the flowers bloom during spring time. Aside from that, people stay in their home during the season since they’re usually busy with activities relating to the Christmas season.
Benefits of Selling During Spring
There are other benefits to sell your home during spring season. Aside from the presence of buyers, it is also perfect for hiring photographers to take photos of your place. The staging process is easier and you can achieve a lot during this time.
It is also the best time to welcome visitors or prospective buyers in your home to check the property. If you’re planning to have an open house event, this is the perfect time for you. The sun is usually out and the weather is fine.
What to Remember before Selling
If you can’t sell during spring season, you can opt for other time. However, you need to double your efforts to make it successful. After all, there are still people who need to buy homes during summer, autumn and winter.
Based on recommendation, summer is not the best time to sell your home. At this time of the year, people are very busy because they’re going to have vacation in other places.
When it comes to autumn, it is alright to sell your house at this time. However, buyers usually ask you to move out quickly so they can prepare for the next season. If you’re going to sell to cash home buyers Orlando area, this is not an issue. The cash transaction with them is quick and convenient for you.
Do you want to sell house quickly in your area? We know that real estate professionals suggest following realistic staging ideas to be successful in selling a home. After all, it is highly recommended for homeowners to clean their home before selling it. To sell house quickly in your area, these four home staging ideas are perfect for you.
Be Sure to Paint Your Home Beautifully
Even though it is common to hire a home stager, it is still better to do the work yourself to save money. One of the primary things to do is painting your home to make it look more appealing to the buyer.
However, make sure to choose the right colors such as gray, beige, sage, light blue and yellow. For many interior designers, painting your house with earth-toned palette provides warmth and charm.
Arrange Your Furniture Creatively
The next thing to do is to arrange your furniture artistically. Don’t put too much furniture against the walls of the room. The purpose is to add graphic square footage in a creative manner. In addition, opt for a minimalist interior design so that potential buyers can visualize themselves as owners of the property.
Have Fresh Bedding in the Bedroom
Once you start offering your home to buyers and even to cash home investors, they will visit your property to check it. One of the focal point to attract them is making sure that you have fresh bedding. To make it even more inviting, add pillows in neutral colors and extra comforters.
If you want to show off your interior design skills, be creative in your indoor staging endeavors. Start planning for a minor repair of your kitchen and bathroom. Later on, showcase the curb appeal to complete your home arrangement.
Stage Each Room for One Purpose
Essentially, buyers and cash home investors may check the functionality of the house. The purpose is to know if it’s possible to use all corners of the home to their advantage.
In case of cash home buyers, they may give you a cash offer after a quick evaluation of your house. They’ll probably purchase your property as is. As such, there is no need to spend a lot of money to follow these four staging ideas. Just plan ahead of time and be wise in preparing your home before selling it. That is one of the ways to sell house quickly in Lake Mary, too.
Are you looking for fast home buyers in the Orlando area? There are many ways to spot the best alternatives when it comes to selling your house. However, you can be successful pertaining to the real estate industry if you will find the best-selling techniques.
Take Down Your Memorabilia at Home
To forget about the emotional aspect of preparing your home to sell it is really essential. So the first step is to collect all your personal items and stage your house properly. Choose a minimalist interior design and make sure that the set-up is neutral. In that way, guests will be able to visualize your home as their home.
Find Fast Home Buyers in Your Area
If you’re an avid reader of local magazines and blogs about real estate business, you’ll probably find fast home buyers. These entrepreneurs don’t mind investing money on your property because it’s their primary business. As a result, the closing of the deal is really quick and you can have money as soon as possible.
Set a Reasonable Price of the House
Are you really planning to sell your house quickly? Don’t overprice your property. Check the pricing structures of the properties in your area and study it very carefully. Your goal is to have a competitive price that will attract fast home buyers.
If ever you have spent money to update your property, be sure to consider your expenses before setting the price of your home. Essentially, you’ll only make minor upgrades because most fast home buyers purchase homes as is.
Schedule a Visit by Cash Home Investors
Once you have communicated with cash home buyers, they’ll quickly contact you for the evaluation of your home. It will only take two to three days so the seller can decide immediately. After the evaluation process, you will receive a cash offer.
This is the most exciting part because you don’t have to wait for a long period of time to sell your property. The all-cash transaction is perfect for you because you don’t have to pay commission or any related fees to a real estate agent.
Lastly, cash home buyers will only visit your property once. You don’t need to stage your home so many times for potential buyers. After all, it is very arduous to welcome a lot of guests every day in order to find fast home buyers.
For most of home owners, selling a home is probably one of the most important financial transactions they will ever make. Keeping this in mind, it’s interesting to know that most people still end up making some grave mistakes. Mostly, these mistakes are the result of failure to prepare and losing control of their emotions during the negotiation process.
The good news is that you can use a few solid negotiation tactics to sell your home fast without any hassle. Let’s take a look at them.
Be open to the buyers
The first step in the negotiation process is to let the potential buyers know what you need, and it should be done in a clear and reasonable way. For most buyers, the price of a property is the No.1 factor to consider during a purchase decision.
What you need to do is evaluate the buyer’s offer based on your market analysis and other factors, which will give you a pretty good idea of what a good offer looks like.
Apart from the price, make sure you give some thought to other things as well.
What do you want from the deal?
Do you want to sell at the highest price?
Do you want the closing to satisfy your work, school or travel time-frame?
Do you want to resolve some repair or maintenance issues?
These are a few things you need to pay heed to. Be open to the buyer so you can take it to the next level.
Use the Option Period
One negotiation tactic is to benefit from the option period. Options period provides a security for buyers, thus allowing them to terminate the contract without any reason. However, in this case, the seller will keep the option fee.
For sellers like you, the option is a type of protection over the long haul. Once this period is over, you have a sigh of relief that the deal is almost confirmed.
The buyers use these days to inspect the property and ask questions that they may have. Once the ball starts rolling, buyers will find it easier to stay on the track.
Adopt a cooperative approach
In the process of negotiation, things like conflict and opposition has no place. Make sure you don’t use the adversarial approach. You may want to try your level best to keep good relationship with buyers. Remember: your goal is to sell your house at your desired price, not to create a conflict.
At times, a buyer may write a note spelling out why your property is not their cup of tea. In the note, they may list some deficiencies in your property. While responding to the buyer, you should never be defensive.
Be sure to act in a way that will arouse their interest in your house. Here it’s important to note that the process of negotiation usually starts with some distrust between both the parties. But your goal, as a seller, is to behave and react in a way that will develop trust between you and the buyer. Without trust, it may not be feasible to keep moving.
Keep your cool when dealing with an adversarial buyer
You may not be adversarial, but you may come across a buyer who is adversarial. They might make snide remarks, emotional statements, and give you threats to terminate. In this case, creative solutions may not work.
When dealing with an aggressive negotiator, you need to keep your cool and avoid giving emotional responses. Being angry or defensive may lead to a no-win battle.
While talking to the buyer, listen to their argument without accepting or rejecting whatever they may be saying.
Your tactic should be to compare factors, such as pricing to outside data. The idea is to let the buyer know that your proposal is reasonable. Your counteroffer should be as appealing to the buyer as possible. You have to find ways to present your house in a way that it will interest them.
Build Trust With The Buyer
It’s important to gain the buyer’s trust if you want to make them more cooperative and take it to the next level. How can you do it? Below are some tips that may help:
If the buyer has something to say, you should pay attention.
Answer their questions as soon as you can.
Appreciate them for taking interest in your property.
Respond to the offers in time.
Explain each property condition in an easy to understand manner.
Tell them how fun it is to stay in your house.
If you want to sell some of the items in your house, ask them if they want to buy any of them.
Respond to each offer
You may get some unreasonably low offers from some buyers. Most sellers don’t respond to such offers, which may not be a good approach. There could be other possible reasons why they made such a low offer. For instance, the buyer probably is not familiar with the property prices in your area.
It’s better to give them the benefit of the doubt and provide sales data. This may build their confidence and they may develop some interest in your offer.
Another scenario is also possible: the buyer may start off low moving up gradually after a bit of negotiation. So, it’s better to respond to each offer that you get while your house is on the market.
If your house has good curb appeal, you may get a lot of offers. Be sure to present each offer fairly. One tactic is to let all the parties know that you have received more than one offer. Ideally, it’s better to let all the parties know that you have got many offers as this may help you get the best price for your house.
In short, if you are going to negotiate the sale of your house, know that the process requires a lot of patience. But if you know the tactics explained in this article, you may find it easier to negotiate effectively with each buyer, thus selling your house for the top dollar.
You may not be an experienced real
estate seller like some people. In fact, most people get involved in
just one real estate transaction in their whole life. It’s not
surprising, then, that for first time sellers the process can become quite confusing. If this sounds like you, know
that you need to understand common real estate terms so you can actively
engage in a conversation with your agent or the agent of the buyer.
One way to read up on the common real
estate terms is to consult Google. But to save you time, we have
spelled out 15 frequently used real estate terms in this article that
you may need to use when you put your property on the market.
Breach of Contract
A breach of contract happens when
either the seller or the buyer fails to follow the terms of the
contract. The contract can be in written or oral form. In real estate, a
breach of contract occurs when the buyer tells you, the seller, that
they don’t want to buy your house any more because they have found
another property that they like better.
This breach may allow you to file a lawsuit against the other party so you can seek damages from them.
Contingency offer
This offer to buy a home comes with certain conditions that should be met before the transaction
happens. For instance, a potential buyer may make you a contingency
offer to buy your home only if they succeed in selling their house. If
they fail to sell their house within a certain period, the offer will
end and you will have to put your house back on the market.
Cloud on a Title
In real estate, a cloud on the title
refers to another ownership claim in the history of the deed related to
your property. Often, this claim may occur when someone bought a
property but, for someone reason, didn’t record the deed following the
correct procedure.
General Warranty Deed
General Warranty Deed guarantees the
buyer that the property in question is not subject to any title issues
or pending legal actions, and that the seller has full rights to sell or
convey it.
Inspection Period
After the buyer has accepted the
offer, they will hire a home inspector to get a better idea of the
condition of the home. The home inspector may take up to 7 days to
complete the inspection and issue a report.
Multiple Listing Service (MLS)
An MLS is a huge marketing database
developed by real estate brokers. The purpose of this database is to
offer correct information about properties that are on the market.
Information from this database is shared on the websites of brokers so
the public can get the required information as soon as possible.
If you want to get the best offers
for your house, make sure your house is listed on the MLS. A real estate
agent may be able to help you with this.
Property Lien
If money is owed on your property, a
property lien may be put on your property deed. As a result, you can’t
transfer the deed until the lien is paid off. As soon as the payment is
made, the lien holder will “free” your property deed.
Title Insurance
This type of insurance is paid to the
mortgage provider or homeowner if someone proves that the house or
building is his or her property. If you want to get a loan, you may need
to provide Title Insurance with your mortgage lender.
Possession
After a property sale is completed,
the buyer of your house can occupy your house at the time of closing or
on an agreed date. If you want to continue living there until you have
bought a new house, you can pay an agreed amount of rent to the buyer.
Appraisal
Appraisal is done to get an estimate
of the value of a property based on the written analysis of an
appraiser. Usually, buyers require an appraisal to get a better idea of
the market value of the property they are going to purchase.
Buyer’s Agent
As the name suggests, a buyer’s agent
is a real estate professional who guides a buyer throughout the process
of buying a property.
Sales Contract
Sales contract is a legal agreement
with you and the buyer in a real estate transaction. It involves a
specific price, time and set of terms. As soon as you accept this
agreement, it becomes a legal sales contract.
Down Payment
There is a difference between the
deposit and down payment. In a financial transaction, the down payment
is a cash amount that the buyer agrees to put up to purchase your house.
It can be 5% to 25% of the total value of your property.
As-is
If you want to sell your property “as-is”,
you want to sell it in the same condition it is now without spending
any money on repairs and maintenance. In the case of an as-is contract,
the buyer is given enough time to thoroughly inspect your property.
Closing
Closing is the final stage in a
property transaction. The attorneys or title agent will disperse the
funds after having the buyer and the seller sign the legal documents.
After the closing, you move out of the house and the new owner moves in.
Understanding these real estate terms
is important for you if you want to sell your house without any
surprises or confusions in the process. By knowing these terms, you will
have a better working relationship with your real estate agent, and as a
result, you will have a better chance of finding the best buyer for
your house.
How much is my house really worth? This question may be on your mind if you are thinking of selling your home.
You may be imagining the profit you will be making from the sale. Maybe
you are trying to figure out how much you will need in order to pay off
your mortgage and how much you will have left to use as a down payment
on another house.
No matter why you are having these fantasies, know that you can
estimate the value of your house in more ways than one.It is a matter of
evaluating your home while being mindful of state of the real estate
market.and keeping in mind that the real value is only what a potential
buyer is willing to pay for your house. Take factors, such as the home’s
age and condition, into account. Your buyers might disagree with your
price when there is a disparity between list price and the house’s
features.
That said, you can use many approaches to get a pretty good idea of
how much a potential buyer can pay for your property based on the
current market conditions. You even have the option of hiring a real
estate firm like Orland Sell My Home. When we buy a house, in any condition, we make sure to do so at the value it is worth. Let’s look into it further:
The Wrong Ways To Evaluate a Home
As a homeowner, you may be confused
by several different numbers that you may have heard of being used to
figure out the value of a house. Let’s take a look at some of those.
Property Tax Assessment: In
each jurisdiction, there is a formula in order to figure out the value
of a house for tax assessment; however, know that this price has nothing
to do with the current market value of your house. In other words, the
present value of your property may be higher or lower than your tax
assessment.
Homeowner’s Insurance:
Actually, homeowner’s insurance value is figured out on the basis of the
cost that may incur to replace your house, not the land. Therefore, the
value of homeowner’s insurance is affected in comparison to the market
value.
Mortgage Balance: This is the
amount you owe at any time during your mortgage loan period, and it
reflects your home loan. You can calculate your home equity by deducting
your loan payment from the market value of your property.
The value of your neighbor’s home:
While your neighbor’s house may look quite similar to yours, it can’t
be 100% identical. You still need to consider a lot of other factors for
an accurate estimate. Your real estate agent can help you with this
based on the value of nearby properties and other important factors.
Purchase price of your house:
No matter how long ago you bought your home, the price you paid won’t
represent the current value of it. In fact, the present value of your
house may be a lot higher or lower than it was when you bought it years
ago.
Your Desired value: while you
are free to put your house on the market with your desired price tag,
know that it may not get sold for that price, as your desired value
doesn’t represent the real value of your home. If the asking price is
too high, your home will just stay on the market with no or very few
offers.
Comparative Market Analysis (CMA)
If you work with a good real estate
agent or realtor, they will carry out a comparative market analysis
based on the latest market data in order to help you figure out the
value of your home.
If you have decided to sell your
home, the buyer’s lender will require an appraisal, meaning they will
have to get an estimate of the current market value of your house. In
the absence of appraisal, the buyer will have to bring more cash to buy your house at your desired price.
A CMA is based on data. Besides, you
have to have local market knowledge so you can know which homes you
should compare your home to. Price interpretation is another factor that
will help you know the value of your home.
Most real estate agents look for similar houses that were sold in your area over the past 2 to 3
months. Apart from this, they will also take into account other homes
that are on the market in addition to those homes that were removed from
the market because they didn’t sell.
The realtor will compare your home
with other homes based on a number of factors, such as the number of
bedrooms, bathrooms, and the condition of your house. In addition, they
will also consider the amenities in the neighborhood, such as schools,
parks, and hospitals, to name a few. If you have no idea how the realtor
is going to make the comparison, you may ask them to show you some of
the houses that were recently put on the market. Alternatively, you can
go to online property listing websites to see high quality photos of
those properties.
In short, you may find it tempting to
evaluate your house on your own and put it on the market to get it sold
at your estimated price, but this may not be the best approach to sell
your house at the best price possible. According to many studies,
overpriced homes that stay on the market for a long time are sold at a
much lower price in the end. So, it’s better to work with a good real
estate agent to figure out the best market value of your property and
then get it sold for top dollar.
You get home from work to find random
stuff all over the place. Shoes are on the bed; the sink is full of
dirty dishes. But this is not what is making you worried. It’s the call
you got from your real estate agent about getting your home ready within an hour because some potential buyers are coming to see your house.
If you have never sold a house
before, you may be finding it hard to get your house “show-ready”. This
gets even more nerve-wracking if you want to sell your house as fast as
possible. Now, the million-dollar question is, How do you go about
dealing with this situation in an easy manner?
The first thing you need to do is
develop a team to get things done more efficiently. This team may
include you, your kids, your spouse and some other family members or
friends. Next, simply follow the tips given below to get your house
ready in no time.
#1 Clean the TV and the Toilet
Begin with the TVs, tables and
toilets. Why should you make a start with them first? A few extra things
on the table can actually make the whole room look cluttered.
Therefore, remove all extra items and wipe the table with a clean rag.
Even if you have to keep a few necessary items out, make sure you remove
the rest.
As far as the toilets go, make sure
you wipe down the base/bowl until no traces of dust are left behind. And
the lid should be on the toilet as the buyers won’t want to see what is inside.
Although the TV may seem neat and
clean to you at first glance, know that it’s the center of attention in
living room. When the TV is off, dust and other nasty marks tend to
stand out. Therefore, it’s important that you clean the TV and the area
around it.
#2 Remove the toys
You may want to collect all the toys
from all the rooms, put them in a toy bin and then put that bin
somewhere else, preferably a closet or garage. You don’t need to
organize the books or toys. Just get them together, put them in a box
and hide the box in a place where the buyers won’t be able to see it.
#3 Hide the dishes
If your sink is teaming with dishes,
you may want to do them as soon as possible and then put them away. An
easier way is to stash them in the oven. While it may sound crazy, it
works great. The buyers are unlikely to open up the oven to see what is
inside. Before you put the dishes in the oven, be sure the appliance is
cool. You don’t want to burn yourself.
#4 Get rid of pet hair
Your house is clean from all sides,
but have you taken care of the pet hair? Pet hair can be a big turn off
for some buyers, especially the buyers who don’t keep pets. So, what you
need to do is use a rubber glove to remove pet hair from the furniture.
You can also use a lint brush if you don’t have access to a pair of
rubber gloves.
#5 Store unnecessary appliances
You may be in love with your coffee
maker, but the problem is that the appliance covers a lot of space on a
countertop. Your countertop should be as empty as possible so that
buyers can see how much usable space there is in the kitchen.
If the countertop has no free space, it will make a negative impression on the buyers.
So, you should remove as much of the clutter and appliances from the
countertop as possible. You can always set them out again after the
guests have gone. Remember: the effort is worth it.
#6 Make the beds
Although it’s obvious, most
homeowners forget about it, especially when they are in a rush. It’s
important that you tidy up each bedroom. You should make all the beds
and clean the nightstands as well.
The easiest way to make sure all the rooms are ready is to make the beds early in the morning.
#7 Open the windows
Make sure you open a window in each
room. This will let the fresh air in, and a few minutes with the windows
open will remove stale air and bad odors.
#8 Wipe the baseboards
Don’t forget to wipe the baseboards
as this is the most neglected area in a house when it comes to cleaning.
In fact, this area collects a lot of dust and dirt which can make it
look ugly. Even if you are in a rush, you can wipe it down quickly. It
won’t take more than one or two minutes, and it’ll make a big
difference.
#9 Open curtains
Check each room, except the bathroom,
and open the blinds and curtains to allow fresh air and light into the
rooms. This will also make your rooms look bigger than they really are.
If you don’t have the time to clean the bath, you can close the curtains partially, preferably three-quarters of the way.
Bonus tip: To keep things organized, make sure you spend a few minutes every day and put things where they belong, one by one.
If you don’t want to do things in a
rush next time, we suggest that you spend 10 minutes each day making
sure each item is in the right place. This way you won’t have to do
things in a hurry when you get a call from buyers saying they will be
with you within an hour to view your house. This will make the viewings
go much more smoothly.
Before you sell your house,
experts suggest that you consider some important home upgrades. At
this stage, you may be wondering what type of upgrades will help you
sell your home faster and get the highest return on investment. If you
think it’s not worth it, you should think again as the investment can
almost always be recovered at resale. Given below are 10 home upgrades
that can pay off at resale.
Painting
Although painting your house is a
time-consuming project, it is not as costly as some of the other
upgrades you may want to do. In fact, painting is on the list of most
cost effective ways of adding to the value of a property, especially if
you know how to do it on your own. Fresh paint and neutral tones may
transform your house into something that has a greater curb appeal.
Paint will give your house new life.
If you can’t paint your home
yourself, you may look for a good professional. Just make sure you
choose an experienced one because you don’t want to spend twice as much
on the painting project by having to go back and do it again. The job
should be done in one go.
Siding
Some buyers like a house that has a siding. They don’t prefer traditional wood
because it requires more maintenance. Quality siding, however, requires
less repair work and can last a lot longer than traditional wood because
it is resistant to damage from things like termites, rotting, and fire,
to name a few.
If you are looking for some good
options, you may want to look into aluminum or vinyl siding. It’s a cost
effective choice, especially if you are on a budget.
Composite vs Wooden Decking
It’s important to note that decks are
not meant for hanging bird feeders or grilling hot dogs in the summer.
While they do serve these purposes, their real purpose is to offer
outdoor living space.
In the case of siding, composites are
considered a better choice than wood. On the other hand, for decking,
it’s the other way around. The cost of wood decking is significantly
lower than the cost of composite decking. According to rough estimates,
you can save up to 60% if you opt for wooden decking.
Upgrading the Kitchen
Kitchens sell houses. Yes, that’s
true. Unlike other rooms in a house, kitchens are the center of
attention as far as buyers are concerned. In fact, a kitchen is the
heart and soul of your home.
If your kitchen doesn’t have a great
curb appeal, we suggest that you upgrade it. A kitchen remodeling is a
big project. That’s why potential homeowners will prefer your home over
the others in the neighborhood if you have already upgraded your
kitchen. You can recover up to 80% of the remodeling cost after the sale
is completed.
When it comes to working on a home
upgrade project, it’s not a good idea to save money on fixtures or
appliances. Most homebuyers find stainless-steel appliances more
valuable and attractive. In the same way, granite countertops may also
add to the appeal of your house. Although laminate countertops can be a
great choice in a rental unit, know that most buyers won’t find them
appealing.
Keeping this in mind if you have a
small house to sell; be sure not to spend too much on top-end materials
and appliances. As a matter of fact, the majority of home-buyers prefer a
house with three bedrooms and two bathrooms. So, if you are going to
sell a house with two bedrooms and one bathroom, and you have set aside a
budget of $25k to spend on your kitchen, know that you won’t be able to
recover your investment.
So, what should you do in this case? If you want to be on the safe side, you can opt for cosmetic updates only.
Energy Efficient Windows
Every homeowner wants to save on
energy bills, and one of the smartest things that they can do is install
energy efficient windows. This type of window can help keep your house
warm in the winter and cool in the summer, thus saving you a great deal
of money on your electricity bills.
According to many reports, you can recover up to 70% of your investment that you made in vinyl windows.
Bathroom Renovation
Another way to get a great ROI is to do a bathroom upgrade provided you opt for classic features, such
as quality subway tiles. Actually, what they do is add to the appeal of
a house by making it desirable to both traditional and contemporary
buyers.
Landscaping For Curb Appeal
One thing that is most important when you are selling your house is the curb appeal. The exterior of your house can make a great first
impression. Keep in mind that you won’t get a second chance to impress
your potential clients.
According to the founder of the
Corcoran Group, Barbara Corcoran, buyers make a decision within 8
seconds when buying a house. Therefore, it’s important to make the best
possible first impression by improving the curb appeal of the house.
You can plant perennials and trees in
your yard for making your house beautiful. They are great to look at
and help with shading, filter pollutants under the ground, and stave off
erosion. The front door should also be replaced and 90% of the cost can
be recovered easily.
Central Air-Conditioning
You may also consider installing a
central air conditioning system. In fact, this type of cooling system is
a lot more energy efficient than regular window air conditioners.
That’s the reason most home buyers love them.
Basement Maintenance
Although you don’t have to add a
bathroom, flooring, insulation or drywall to your basement, make sure
it’s not wet. A damp basement may disappoint a good buyer during an
inspection or viewing. So, if your basement is damp or wet, make sure
you hire a professional to get it fixed.
Attic Insulation
For more efficiency, you can spend a
bit more money and insulate your attic. It will make your house more
appealing to every buyer. The good news is that adding a new layer of
insulation is an inexpensive project that you can do yourself as well.
This upgrade has over 107% returns on investment.
In short, if you perform these
upgrades, chances are that you will be able to sell your house at a much
higher price, and the upgrades will pay off.
