Selling your home is stressful. And what most home sellers want is to sell their home quickly and to move on to their next chapter. If you’re going to be listing your home in the near future, there is no doubt going to be some prep work needed. There are some simple pre-sale updates that will raise your home value. You can easily tackle these yourself as opposed to more costly, and time-consuming remodels and renovations.
Gone are the days when all that was required for preparing your home for the market was putting a sign in the yard. A home rarely sells quickly and for profit without some prep work involved. The more you do, the more you net in return.
Before listing your home, read the tips that I’ve shared that will easily raise your homes value, that also yield you a higher return on investment (ROI). All without breaking the bank!
1. Get a Fresh Coat of Paint
Never underestimate the value of a coat of paint will provide for your home’s interior and exterior. It can affect the size of the room by making it appear larger or smaller. It can also bring a time-stamped home in the 21st century. Paint is money in a can that is quick, easy and inexpensive.
2. Update Your Light Fixtures
Nothing can time-stamp a home like outdated light fixtures. Not only that, your buyer will be left to wonder what else has not been updated and assume that your home hasn’t been properly maintained. Updated light fixtures can bring your home back into this decade. It’s a minimal cost that can yield higher returns.
3. Add More Living Space
Buyers will happily pay a premium for space. However, before you proceed with any renovation to increase your living space it is worth consulting with a professional prior to see if it is worth the investment. I would recommend finishing your basement before planning that addition. You also need to consider the purpose of the intended space, because that will affect the resale value of your home. A furnished rec room will net you more than creating a basement apartment.
4. Remove Signs of Aging
Considering that today’s buyer wants move in ready, the likelihood that the offers are going to come pouring in are slim to none if your home is decked out with shag carpeting and harvest gold appliances. While a complete overhaul may not be necessary, it is important to remedy any signs of aging that, at the very least, bring your home in to the right century.
5. Tune Up the Landscaping
Landscaping and curb appeal are the real first impression and is where it starts when your prospective buyer drives up. Adding perennials and flowers can make all the difference and implies pride in one’s home. This also means tackling any repairs, as well as updating little things like hardware, whether it’s a new mailbox, or house numbers.
6. Invest in Home Staging
Last but not least, home staging is a must in this day and age. Hiring a home stager will help guide you in the right direction in terms of what will help sell your home the quickest. We provide information and creative solutions in terms of paint colours, furniture layout and accessories.
These 6 easy home updates will not only increase your home’s value but also decrease the time your home is on the market. Today’s buyer wants move-in ready, so the more you do to update your home, the more appealing it is to potential buyers.
Wondering whether your home needs certain updates? Call us in for a consultation and we’ll make it well worth your while!
Until next time,