Simple Ways to Increase Your Home’s Value

Want to boost your home’s value? Completing home improvement projects enables you to do just that, as you can perform these tasks regularly to maximize the value of your residence.

So which home improvement projects should you prioritize? Here’s a closer look at three important home improvement tasks that every home seller should consider:

1. Painting the walls.

Picking up a can of paint and various paint supplies ensures you can revitalize the walls in any room of your home instantly.

Over an extended period of time, the paint on your home’s walls may start to chip or peel. However, adding a fresh coat or paint (or two) to your residence’s walls serves as an inexpensive way to transform bland, unattractive walls into visually appealing ones.

Devoting even a few hours to paint the walls of your home can help you boost your home’s value. And ultimately, your new paint job may allow you to receive multiple offers at or above your asking price, too.

2. Installing a water filtration system.

Does your kitchen have a water filtration system? If not, you could be missing out on a golden opportunity to increase your residence’s value.

A water filtration system offers multiple benefits, as it ensures a homebuyer won’t necessarily have to worry about buying bottled water if he or she purchases your residence. Plus, this system is one of many features that may help differentiate your home from others in a highly competitive real estate market, thus making your residence that much more appealing to homebuyers.

Installing a water filtration usually is fast and easy as well. Furthermore, you won’t have to worry about breaking your home improvement budget to complete this project.

3. Cleaning up the front lawn.

High grass and weeds will damage your home’s curb appeal and may significantly reduce your chances of a quick sale. On the other hand, spending some time mowing the lawn, raking leaves and performing other essential front lawn care tasks can deliver long-lasting benefits.

A clean front lawn likely is one of the first things a homebuyer will notice about your home. And home sellers who are committed to maintaining a pristine front lawn can improve their home’s value and their chances of a quick sale.

Also, maintaining your front lawn can be easy if you spend even an hour per day performing yard work. Or for those who want to avoid lawn work altogether, professional landscapers typically are available that can keep your front lawn in great shape until your home sells.

As a home seller, you’ll want to take the necessary steps to up your home’s value before you add your home to the real estate market. And with any of the aforementioned home improvement projects, you’ll be better equipped to boost the value of your home quickly and efficiently.

Stay focused on increasing your home’s value consistently and keeping your residence in excellent shape. By doing so, you’ll be able to keep your eyes on the prize – maximizing your home’s value and selling your residence to the highest bidder.

Focus on These Key Items at Open Houses

Attending an open house is like going on a job interview. House sellers and their realtor may appear to be in total control of the process. But, that’s not the case. As a home buyer, you can put yourself in the driver’s seat by making a thorough review of the house. You can also ask home sellers or their realtor the following questions.

Answers to these open house questions could land you a great new homeowner deal

Several questions to ask realtors and home sellers can be asked as you walk through the house. It’s good to ask other questions after you have finished walking through the house and have a better idea of the house layout, features and amenities.

How many offers have you received on the house so far? Low interest in the house could be a sign that the house has problems or is located in a depressed neighborhood. It could also be a sign that the house just went up for sale or that you could get a good price for the house.

Why did you put your house on the market? Again, similar to a job interview, the answer to this question is revealing. Just as you’d want to know why someone left their job, find out why sellers want to part with their house.

Tell me how long your house has been on the market. Look to negotiate for a lower price if the house has been on the market for an extended period of time. This could prove to be a real bargaining chip.

Have you done anything since you put the house on the market to try to generate a sale? If so, what exactly did you do? Find out if the seller lowered the price on the house. Did they offer to pay the closing costs? Is the realtor advertising that the sellers will include appliances like a refrigerator, stove and oven or washer and dryer in to attract buyers?

More revealing questions to ask home sellers

How soon after the house is sold will the sellers be ready to move out of the house? Make sure that you can move into your new home when you’re ready.

Please tell me how long you have lived in the neighborhood. Also, ask what the neighbors are like.

What do you like best about the house and the neighborhood? Also ask sellers what they like east about the house and what they wish was different about the neighborhood.

Reach out to the home seller’s realtor if you want to schedule a private viewing of a house. Arrive to an open house early enough to give yourself time to explore the house fully. The last thing you want is to make a rush decision on a house. Another tip is to bring a relative or friend with you, someone who understands houses, including a house’s structure, pipes and wiring. Before you leave, meet with the realtor or house sellers and ask them the right questions. Answers to these questions provide you the information that you need to make a wise house buying decision.

Develop a Household Storage Plan

Your home is great, but in order to help it stand out to prospective homebuyers, you’ll need to separate your treasured belongings from your clutter. By doing so, you’ll be able to maximize the space in your house and make your home more attractive to homebuyers.

Ultimately, you’ll want to create a household storage plan to ensure you can make the most of the space at your disposal. And with the right skills and know-how, you should have no trouble storing antiques, photographs and other personal belongings and getting rid of clutter in your house simultaneously.

So what does it take to develop a household storage plan? Here are three tips to ensure you can create an effective household storage strategy:

1. Conduct a Home Storage Assessment.

Which items do you want to keep, and which items can you live without? Separating your treasured belongings from your clutter is essential and will enable you to free up space in your house without delay.

A home storage assessment also enables you to determine where you may be able to store various items as you showcase your residence to homebuyers.

For instance, you may want to keep holiday decorations in a box in your attic or basement. Or, you might consider placing all of your summer clothing in a storage bin under your bed.

But regardless of how you decide to use the storage space at your disposal, you’ll first need to perform a home storage assessment to ensure you’ll be able to maximize the space that is available.

2. Use Storage Boxes and Trash Bags.

For items that you intend to keep, use storage boxes to organize these belongings. Also, be sure to label each box accordingly. And if a box contains fragile items, don’t forget to mark it as such.

On the other hand, if there are items you plan to dispose of, be sure to place these items in trash bags. That way, you can put the trash bags out on trash day and eliminate various items from your home.

In addition, some items may hold value even if you don’t need them. And if an item looks like it’s in great condition, you may want to consider selling it online or as part of a yard sale.

3. Stay Organized.

Although you’d like to be able to sell your residence as quickly as possible, the real estate market offers no such guarantees. However, if you stay organized, you’ll be able to enjoy a clean, clutter-free home throughout the duration of the home selling process.

After you develop a household storage plan, be sure to follow it consistently. This will enable you to keep your house looking great and improve your chances of generating interest from homebuyers far and wide.

Remember, a pristine home is an attractive house, particularly for homebuyers who are searching for a residence that offers plenty of space and an awe-inspiring appearance. And if you create a household storage plan, you’ll be equipped to minimize clutter, maintain plenty of space and showcase the beauty of your house to prospective homebuyers at any time.

3 Factors for First-Time Home Sellers to Consider

Being a first-time home seller can be exhausting, especially if you want to maximize your house’s purchase price. Fortunately, we’re here to help you understand what it takes to succeed as a home seller, regardless of the real estate market’s conditions.

Here are three factors that every first-time home seller needs to consider before adding his or her house to the real estate market:

1. Your Home’s Condition

You’ve completed many home improvement projects over the years, and as such, you may have boosted the value of your house. However, despite these improvements, there may be a lot of work that needs to be done to ensure you’re able to generate plenty of interest in your residence among prospective homebuyers.

Getting a home appraisal often serves as a great first step on the home selling journey. A home appraiser will be able to give you a better idea about your house’s worth as well as potential areas of improvement.

As a home seller, you’ll need to consider the value of any repairs you complete. Ultimately, a home improvement project may help you boost the value of your house, but it also may mean that it takes longer for you to add your house to the real estate market.

Consider the pros and cons of home improvement projects. And if you need extra support, be sure to consult with an experienced real estate agent.

2. Your Home’s Price

Are you selling your residence in a seller’s or buyer’s market? Ideally, you’ll want to be able to offer your house in a seller’s market, i.e. a period in which there are more homebuyers than home sellers.

Conversely, even if you’re selling your house in a buyer’s market (a market that includes more home sellers than homebuyers), you may be able to make your house more attractive to potential buyers if you offer a competitive price.

Look at what similar homes in your area have sold for over the past few months. Also, be sure to work with a real estate agent who can provide insights into home selling and homebuying trends in your area. By doing so, you’ll be better equipped to list your house for a fair price and improve your chances of a fast sale.

3. Your Post-Sale Plans

If a homebuyer makes an offer on your residence that exceeds your expectations, how will you proceed?

You’ll need to consider your post-sale plans, as this will ensure that you’re ready for any home selling scenario that comes your way.

You may want to de-clutter your home as much as possible to make it easier to finalize a sale and relocate to a new address. In addition, you should try to work with a real estate agent who can help you sell your current home and find a new one that meets your needs going forward.

Just because you’re a first-time home seller doesn’t mean you can’t prepare like a pro. Consider the aforementioned home selling factors, and you may be able to improve your chances of optimizing the price of your home and speeding up the home selling process.

Improve the Quality of Your Bathroom

For home sellers, you won’t necessarily need a bold, beautiful bathroom to improve your chances of a quick sale. However, you should try to improve the quality of your bathroom as much as possible before you add your home to the real estate market.

In a highly competitive real estate market, homebuyers will look for any reason not to buy your home. On the other hand, home sellers who offer a residence with an exceptional bathroom can reduce the risk of alienating homebuyers. Furthermore, home sellers may be able to transform a subpar bathroom into an outstanding feature if they devote time and resources to make bathroom improvements.

You don’t need to spend a lot to make significant bathroom improvements, either. In fact, here are three simple, affordable bathroom improvements that every home seller needs to know about:

1. Painting the walls

If the paint on your bathroom walls is fading or peeling, it may be time for a new paint job. Fortunately, you usually can pick up low-cost paint supplies at any hardware store quickly and easily.

Although hiring professional painters also is an option, you may be able to paint your bathroom walls yourself to save money. Remember, your bathroom likely is smaller than other rooms in your house, which means a new paint job won’t necessarily require a significant time and resource investment.

2. Updating bathroom fixtures

The little details can make all the difference in the eyes of a homebuyer. And home sellers who update bathroom fixtures can boost their bathroom’s chances of making a great impression on homebuyers during a home showing.

Drawer pulls, towel racks and other bathroom fixtures often are simple to update in just minutes. In addition, these bathroom improvements require minimal time and money, ensuring you’ll be able to complete bathroom fixture improvement projects to enhance your bathroom’s appearance without delay.

3. Adding caulk and grout

Bathroom caulk and grout details may be overlooked by many home sellers, but those who want their homes to stand out in a competitive marketplace should consider adding straight, clean lines of caulk and grout.

Placing new lines of caulk and grout around a bathtub and sink can help these pieces sparkle. Ultimately, caulk and grout improvements are fast and effective too, making them valuable options for home sellers.

It is important to note that improving the quality of a home’s bathroom rarely, if ever, requires a full-blown overhaul. Instead, focus on making minor improvements over an extended period of time. And, of course, be sure to keep your bathroom looking pristine – that way, if a homebuyer wants to view your residence, your home’s bathroom will stand out for all the right reasons.

Bathroom improvements offer superb options for home sellers who want to transform a good residence into a must-buy. These improvements typically won’t require substantial time and resources, but they can serve as key difference-makers that will help set your home apart from others on the real estate market.

Take advantage of bathroom improvements, and you’ll be better equipped to improve the overall quality of your residence.

What Buyers Want

Today’s homebuyers are savvy and they know what they want. If you are looking to get top dollar or a quick sale you will want to make sure you home has what it takes to meet the high standards of today’s buyers.

Here are a few things that top buyer’s lists:

1. Smaller: Believe it or not buyers are purchasing smaller homes but that doesn’t mean they are sacrificing for smaller spaces. Open and flowing floor plans are big hits with buyers today.

2. Energy Efficient Appliances: Buyers know energy efficient appliances save money and they want them in the home they purchase.

3. Storage: Who doesn’t love storage? Built-ins, custom closets and shelving sells homes.

4. Outdoor living space: Living space on a deck or patio increase the square footage and usable space and buyers are looking for a private outdoor area to relax and entertain.

5. A kitchen with eating area: Kitchens sell homes. Buyers want a large kitchen with a designated eating area.

6. Home office: More and more people are working from home and need a place to work that is away from the hustle and bustle of the main living area.

Think about inventive ways to use space in your home to show a buyer that your home has everything they want. You may want to use a home stager to help you showcase these areas.

 

Staging a Pet-Friendly Home

Staging your home for potential buyers can be quite the hassle. You may start moving your furniture around spontaneously, or become tense when your children or spouse make messes in a room that you just prepped for show. With all of the planning that one can put into making their home shine, one crucial step in home staging is often overlooked: your family pet.

For the sake of simplicity, I will outline a few things that you must keep in mind when cleaning up after your pet in a home for sale.

Pet presence – For obvious reasons, some pets can’t leave the house. Giant enclosures, aquariums, and disabled pets are hard to relocate sometimes, and a lot of people will be understanding of this. But if your dog or cat is healthy, then you’ll want to strongly consider relocating your pets temporarily. Many people aren’t pet owners, and don’t like being around an excitable golden retriever or a yippy chihuahua when they are trying to imagine their family occupying your home. Remember….You are trying to make the potential buyer as relaxed as possible. Ask a friend if they wouldn’t mind looking after your loved one for a bit, and if all else fails, look into a reputable boarding service for your pet.

Fur – Fur can get everywhere. Even in places that you, as a resident of your home, don’t necessarily notice all of the time. Be sure to give your couches, chairs, and love seats proper attention. That means taking the pillows and cushions off, and using a hand vacuum or brush to remove all of the fur you see. After you are sure that they are thoroughly cleaned, use a fabric freshener to finish it off. Try to do this well in advance of the potential buyer, as some people have sensitivities to fabric fresheners.

Litter – No matter what kind of animal you have, odds are you have do deal with some form of waste. It may sound pretty obvious, but make sure your litter beds are clean and well hidden. Even if you own an exotic pet like a reptile of amphibian, this includes you too. Many people don’t like snakes, but they’ll like a messy snake cage even less. Another important thing to remember as an exotic pet owner is this: even though you may not be able to smell anything offensive coming from your reptile’s cage, that doesn’t mean that there isn’t an odor. Many people who live with reptiles get used to the subtle odors that emit from the cages, and will tend to spot-clean their animal’s cage without giving it the proper scrub-down that it needs.

Odors – Don’t use air fresheners to mask pet odor. It is meant to freshen the air…Not cover pet odors up. Instead, use powdered cleaners on carpets and rugs that your pets frequent. These can be purchased at your local pet store in the cleaning isle. Odds are, if someone has a severe allergy to animals, then they are going to be at risk of having a reaction. The cleaner the house, the less dander will be in the home.

Cheap Fixes to Add Value to Your Home

Are you looking for inexpensive ways to add value to your home without breaking the bank? Whether you’re getting ready to sell your home or just making some home improvements for your own enjoyment, it isn’t that difficult. There is an old saying that kitchens and baths sell homes so these tips focus on those two rooms.

Here are some good strategies to help you started:

The kitchen

For just a few hundred dollars:

-Replace the kitchen faucet

-Add new cabinet door handles

-Update old lighting fixtures

 

With a slightly larger budget:

-Give the cabinets a makeover by refacing them

-Get a facelift for your appliances buy ordering new doors or face panels for them

 

The bath

-Replace the toilet seat

-Add a new pedestal sink

-Replace the old bathroom floor with easy-to-apply vinyl tiles

-Re-grout the tile and replace any chipped tiles in the tub and shower

-If a new grout job won’t do, try a complete cover-up with a prefabricated tub and shower unit

Remember the actual cost of the renovation, and the value it adds to your home, depends on many factors including the real estate market value in your area.

What Buyers Want in a Home

What do buyers want in a home? Is it location? Is it size? Could it be an endless list of amenities ? According to a survey done by The National Association of Homebuilders, they want all of the above.

According to the survey, buyers say they want a home that is approximately 2,000 square feet. Unfortunately, only one-third of the current homes on the market have 2,000 or more square feet of livable space. Most homes are nearly 40 years old and don’t have many of the amenities buyers want.

So what is a seller to do? If your home is smaller than what most buyers want, play up on your homes good points. Here are some other features buyers want that could help overcome the objection to the homes smaller square footage.

Location: Buyers may consider a smaller home if it’s located in the best school district or in a great commuter location.

Possibilities: A smaller home may have potential for expansion, making the home suddenly more appealing.

Great space: The home may not have the square footage buyers want, so show off the space it does have. Remove any furniture that doesn’t complement the home, making the home seem spacious and uncluttered.

If your home is smaller than what many buyers want, emphasize the amenities that it does have. Help buyers see the potential in your home. Don’t let them rule it out just because its current condition doesn’t meet all of their needs.

 

 

Staging Your Home

When selling your home, you want it to appeal to a wide variety of people, not showcase your personality or preferences. While you might love deep red walls in your dining room, it might be too bold for a potential buyer. Your goal is to sell your home and having the right buyer appeal is key. There are a few things to think of when staging your home.

Paint color is a must unless you already use neutral colors in your home. When looking for paint colors think of beige, olives, yellows, tans and greys. Outdated wallpaper patterns are a big no-no. Not only will an outdated look not be appealing to a buyer but the thought of having to take it down after buying the home can be a negative to a buyer. Taking down the wallpaper, fixing any imperfections in the walls with spackle and sanding, and applying a new coat of paint will go a long way. Choosing a paint with a low sheen will help hide any imperfections that may still remain.

De-cluttering your home will give it a clean, organized look that will appeal to a buyer. Minimal items should remain in your home and going through your space to take out anything you don’t need and sending it to storage is ideal. Think about your furniture as well, since often too much furniture can cause spaces to look small. In addition, by pulling furniture away from the walls and placing them in conversational groups, you add space to a room.

Having the right decorative items can help to create an inviting space. Rather than having items lined up, trying grouping different items together, like on the coffee table. Hang pictures and art work in groups as well, avoiding a traditional straight line on the wall. Make sure that you have things such as decorative towels and soaps in the bathroom to help set the scene. Adding the right lighting can help set a welcoming mood. Make sure you have a variety of lighting in each space, from table lamps, to accent lighting, and whole room lighting.

Basically, when staging your home, you want to make it a place that someone would want to live. Little touches here and there can really make a difference. With a little investment you will attract the right buyer .