Every seller wants to squeeze the most they can from their listing. Regardless of the circumstance, price is always an important consideration. Instead of simply listing your property and waiting for offers there are some things you can do that will help maximize your return. By making a few key updates and improvements you can completely change the appeal and demand of your property. Buyers will be much more likely to make offers and the offers received should be closer to your asking price. Here are four home improvements that all sellers should consider prior to listing.
Kitchen Updates.It is no secret that buyers are attracted to kitchens and bathrooms. In recent years the kitchen has become the focal point of the house for many buyers. While you don’t necessarily need to give the kitchen a complete facelift, you should look for updates. If you have lived in your house for some time it is easy to overlook areas that need improvement. Ask a friend or family member you trust to give you some honest feedback as to the first thing they notice with your kitchen. The odds are they will point out the floors, cabinets, and countertops. Changing any of these items could cost thousands but you can still give them an update. Simply painting or staining the cabinets will give them a new look and completely change the room. The same can be said with the floors, faucet, and walls. You should expect to spend some money, but you don’t need to break the bank to give the kitchen a new feel.
Damage Assessment. In most markets there is an ample supply of real estate. It is important that you present your property in the best possible light as soon as it hits the market. Any property with damage of any kind, regardless of how fixable it may be, is a major red flag. Prior to listing you need to walk the property and repair any lingering items you may have put off for years. Seemingly little things like an uneven gutter, chipped paint on the front railing, and a small hole in the basement must be dealt with. These items won’t get you thousands of extra dollars in the sales price, but it does help make the buyer feel confident. If there is no minor damage they will make an offer with confidence and help get your home sold quickly.
Fixtures. An interested buyer will inspect every inch of your property with a fine-tooth comb. Even items that are easily replaceable will be noticed. As you walk your property you need to notice any outdated fixtures that should be updated. Seemingly minor items like the outlet covers can have a huge impact on appeal. The same is the case with an old ceiling fan in the dining room and the light fixtures in the bathroom. Changing these items is often something you can do by yourself without costing thousands. First impressions matter with buyers and updating the fixtures is important.
Curb Appeal. A final area of improvement you should consider is with the exterior of the property. As important as the interior is, creating a positive first impression from the exterior is critical. Simply adding a fresh bag of mulch, trimming the bushes, cutting the grass and power washing the siding can completely change the perception of the property. Any overflow from the garage or residual garbage must be removed and all entry points clear. The curb appeal will often provide the first impression of the property, make sure it is a positive one.
You never want to have any regrets when your house hits the market. Spending just a little time and money making small improvements will end up having a huge impact.