Getting your home ready to sell – how much is enough and how much is too much. There is a lot that can be done to ready your home for sale. Sometimes there are home improvement or refresh projects that should be done. Sometimes there isn’t any need to spend the money nor time. The amount of preparation needed depends on a few factors.
Those factors include: (1) the seller’s interests such as maximizing sales proceeds or just getting a quick sale, (2) the material condition of the home, particularly in comparrison to other homes selling or that recently sold nearby, (3) the seller’s budget and schedule, and (4) buyer demand.
Home improvement and refresh projects – those that make the home more presentable and desirable to buyers – can include many things.
Some projects will increase the value of a home, yet that is not always important because then buyers are facing a higher sales price. The projects that are better are those that entice buyers to select your home over other homes that they may be considering. Those projects may include some painting, cosmetic repairs, and cleaning.
I recommend your decisions on getting your home ready to sell, be guided by the the following points.
- Improvement projects that will attract buyers to see your home.
- Improvement projects that will entice buyers to want to buy your home.
- Trends in improvement projects in other homes that are selling or recently sold. Buyers often consider that the standard, especially if you want the same sales price as those other homes.
The refresh projects, or home improvement projects, are countless and vary widely by home and by owner’s preferences. Yet, here is a list of some to consider:
- Partial or full painting
- Partial or full recarpeting
- Deep cleaning, decluttering, and removing unsightly items (always!)
- Replacing door and cabinet hardware, faucets, and similar items that are corroded or worn.
- Repair grout and caulking in floors, tile walls, countertops
- Ensure all windows and doors function properly
- Ensure kitchen appliances, lighting fixtures and ceiling fans, HVAC, water heater, and other systems function properly
- Trim and clean-up the yard, remove trash and dead plants
- Secure loose items like handrails, doors, steps
The below video presentation provides additional information about getting a home ready to sell. Additional information about Virginia-based real estate transactions is provided in numerous blog posts at our Good Info To Know webpage: https://veteranrealty.us/good-info-to-know/
