the necessary improvements before you put your property on the
market is probably one of the most important things you can do for fast
and smooth selling process. The average buyer simply does not have
the "vision" necessary to see the job done (if you are planning to do
improvements prior to closing). A house that looks nice inside will
sell at a slightly higher price, but above all, it will sell much
If you are attempting to sell the house
as a "fixer-upper" be aware that even though many buyers say that this
is what they want, when confronted with the prospect of actually buying
one, they often run for the hills!
Cost Effective Home Improvements
you want to get the best price for the property you're selling, think
about some cost effective improvements your house need. There may
some improvements and other fix-ups you can do to enhance it in a
buyer's eyes and recoup money invested. Make a list of projects,
investigate how much a particular project will cost and compare it with
the typical return of such a project. Of course, you'll save even more
money if you have skills and knowledge
to take care of the improvements yourself because you'll eliminate the
cost of labor. It is very important that these improvements be made
you put your home on the market.
The Best Projects to Invest
Painting gives you
the best return for money spent. Which rooms should you paint? Any that
have dirty or marked walls or any rooms that are currently painted in dark
or special colors. Keep it neutral, off-white, beige or antique-white is the best.
One of the simplest way to improve your house's value is to improve its
lighting. Make sure all the lights are clean, work well and aren't
dimming. Brighter is better, so have the highest wattage available
and safe for each fixture.
Take a good look at your carpets. At the very least, all carpeting needs to be steam
cleaned. Any worn, stained or foul smelling carpet should be replaced.
You may be tempted to give a "carpet allowance" and that may work. Just
remember, most buyers do not have vision.
If faucets in the house are old or they drip, fix them or replace them.
If you have a little more to spend, it's a good idea to look into
kitchen remodeling. You could update the kitchen with more modern
features, such as new countertops, and appliances. If you don't have
money for replacing the cabinets, consider repainting them.
remodeling is another good return on your investment. If money is
tight, consider detailed cleaning and some replacement. Remove any evidence of mildew from
the shower and bathtub. Products
are available that spray on and quickly kill the mildew. Thoroughly clean sinks and tubs. If rust spots are on the porcelain,
attempt to remove them.
If you are renovating your house in order to sell, you must plan for changes that will meet
the needs of a majority of potential buyers and ensure that the
modifications are suitably up to date and will appeal to the maximum
number of people.
If cash is tight, investigate an
loan that you can repay on closing. Talk to your real estate
about other tips that can help boost a home's appeal and impress
buyers once they're in the door.