There's Never Been A Better Time To Spruce Up Your Home
There’s Never Been a Better Time to Spruce Up Your Home
As society slowly emerges from the COVID-19 pandemic, several phenomena are also occurring: People are streaming out of the cities into areas where there's more space, the real estate market is booming as a result, and people are itching to redecorate their spaces. Many people are taking advantage of housing shortages to sell their homes for a premium — but not all homes fly off the market, even in the current scenario.
Powerful statistics suggest that sprucing up your home in targeted ways can help you sell it faster and for more money. Jennifer Fieo outlines a few ideas below:
Make Your Home Move-in Ready
A recent survey by Coldwell Banker showed that 80 percent of prospective buyers prefer a move-in ready home. By and large, families and buyers older than 30 would even sacrifice their ideal size house in favor of one that doesn't require renovations or significant updates. What's more, only 6 percent of buyers want to tackle a fixer-upper, so if you're thinking about selling, it's wise to take a good look around and assess whether your home is all it can be.
If you're not sure how your house stacks up against the competition in your area, seek the advice of a licensed real estate agent who will show you your home's "comps" and steer you in the right direction.
Take a Targeted Approach to Renos
Depending on the timeframe you have before your house goes on the market, you may want to focus on low- to mid-range projects to get the most bang for your buck. This Old House lists a few areas worth special attention when it comes to ROI:
- Curb appeal
Unless your kitchens and baths are in terrible shape or have serious functional issues, you probably don't need a massive renovation, but spending a few thousand dollars here can significantly increase your home's value. Granite or solid-surface countertops in the kitchen and bath are one such investment that will bring great returns.
If your cabinets are outdated, having them professionally painted or refinished will make your kitchen look new and updated. Pay attention to your flooring, too — replace old, outdated, or dirty carpets, refinish hardwood flooring that has seen better days. Finally, give prospective buyers a fantastic first impression by making sure your landscaping is neat, attractive, and functional. Having a great backyard is especially enticing to buyers.
Take before-and-after photos of all your improvements to show potential buyers, and make sure to keep all of your receipts for tax purposes.
Envision How Your House Will Show
Put yourself in the place of a prospective buyer walking through your front door. What do you notice? Make sure you deep-clean every room so they are not only visibly clean but also have no unpleasant odors. Enlisting the help of professional furniture cleaners is worth the investment, as they come with industrial-strength tools and are accustomed to servicing a wide range of fabrics and materials. Finding a reputable pro is easy; simply do an online search for “best upholstery cleaner near me” and check out the companies listed on sites like Angi.
Next, arrange each room to showcase your home's functionality and flow. Though your decor isn't staying with the house, it does affect the buyer's overall impression.
One simple, low-cost improvement you can make is to give your home a fresh coat of paint in every room. Choose three or four neutral colors that pair well together, and don't forget to either touch up the paint on your trim or thoroughly clean it if it's wood.
You've come through a trying season, so go easy on yourself even as you prepare to sell your home. If it all seems too much right now, just focus on the areas that make you feel refreshed and at peace. It's possible that after a little makeover, you may just want to stay in your home a bit longer, regardless of the hot sales market.
Image via Unsplash
The RE/MAX Realty Unlimited team at Jennifer Fieo represents the Tampa Bay region's finest properties with exceptional skill using the most innovative technologies currently available. Jennifer Fieo offers ultimate privacy and security, speed, and efficiency. Reach out to us today! (813) 494-4873