Preparing to list your home? What home improvements should you do and what ones have the greatest return on investment? When you are putting your home up for sale, you have two main goals; a timely sale, and receiving the best possible price. In order to achieve these goals, your home needs to present itself in the best possible light. While every homebuyer has different ideas about what the “perfect home” is, you as the seller need to ensure that your home appeals to the widest variety of home buyers possible.
So What Does This Mean:
De-cluttering: This is always the first thing because it makes your home look much more organized — even down to how many items you have on your fireplace — and it makes your rooms look much larger. Organizing goes hand in hand with de-cluttering as buyers want to see how they can organize their stuff.
Paint and Clean: First, you must make certain that your color palette throughout your home equals or is superior to your competition. No, buyers cannot see beyond that. If you seek professional advice, you will paint the correct colors. Touch up, freshen up and clean everywhere! Wallpaper is a huge negative, so consider taking it down prior to listing.
Updating: If you need granite or new appliances, and you are trying to maximize your profit and your competition has it, you better have it as well! Perhaps you need updated light fixtures or doorknobs? If so, then do it! Buyers typically consist of two working spouses or partners and have busy lives. You must be proactive and make sure your home equals or exceeds your competition!
Exterior: The same holds true for the outside. Fresh mulch, flowers, and power washing (if required) are essential! Remember, this is the first thing that a buyer sees.
Staging: Professional staging or, at a minimum, a stager’s advice is essential! It is a proven fact that a staged home sells for more money and in a much quicker amount of time. I utilize the service of Julie Pelly, owner of Creative Staging. I strongly recommend to sellers that she and her team evaluate every home prior to going on the market. Some homes need redecorating, accents, or perhaps updated or missing furniture at every price point. Typically, a stager will use items in a seller’s home and redistribute them.
Preparing your home for sale can seem overwhelming at first. Home Improvements may or may not be necessary, but be receptive to doing them — keeping in mind your return on investment. Utilize a real estate professional and home staging expert to help you develop a customized plan of action. The results will be amazing and the return on investment will be worth it! You must do everything possible to make your home stand out from your competition! Lighting rooms before showings and having your home show in the best possible way will pay back dividends. The real estate market in the Philadelphia suburbs including Bucks, Montgomery, and Chester counties changes almost on a daily basis! Put your best foot forward to stay ahead of the curve. Remember, a home buyer may only visit your home once. Are you totally prepared?