Selling your home this spring? Here are a few tips to improve your chances of a sale. HomeGain.com recently surveyed nearly 1,000 real estate agents, asking them to identify the top 12 do-it-yourself home improvements that can help sell a home faster. Cleaning and de-cluttering ranked as highest return on investment, no doubt in part because it was the least expensive. Its cousin, home staging, which largely involves removing unneeded furniture and other decorations, came in second. According to the HomeGain survey, the top five home improvements that Realtors recommend to home sellers based on cost and return on investment (from highest to lowest ROI) are: Cleaning and de-cluttering continues to rank as the top suggested home improvement (since the survey was originally conducted in 2000), recommended by 98 percent of Realtors, costing less than $200 and returning a value of nearly $1,700 to the home's sale price, or an 872% return on investment. Rounding out the top 12, the list of low cost, do-it-yourself home improvements includes: updating electrical, replacing or shampooing carpets, painting interior walls, repairing damaged floors, updating kitchen, painting outside of home, and updating bathrooms. The home improvement projects with the highest price increases to a home's resale value is Updating the Kitchen ($1,200 cost / $2,850 price increase), followed by Painting the Outside of the Home ($900 cost / $1,815 price increase) and Home Staging ($300 cost / $1,780 price increase). Most of these projects involve the interior of the home. It is important to recognize that these steps alone will not sell a home. Contact us at ira@bestbuyersbroker.com for more suggestions and tips.
**************************************************************************************** Best Buyer’s Broker Realty is an Exclusive Buyer Agent specializing in Long Island real estate (Nassau and Suffolk properties) and neighbouring Queens County properties. We don’t take any seller listings (yet we have more homes for you to see than most agents) and never have any potential conflict of interest like other agents who also represent sellers. We represent buyers only, 100% of the time. We can show you more homes for sale because we have access to MLS, FSBOs, Exclusives (homes that agents try to keep secret), foreclosures and homes not on the market that may be of interest to you. We are not your traditional real estate agent. Our goal is to advise and protect home buyers and help them obtain the lowest price and best terms on their dream home. Call us at 516-887-6901 to see how we can help you save time and money. Or visit our sites at http://bestbuyersbroker.com or http://bestbuyerbroker.com *****************************************************************************************
RE/MAX Advantage - Colorado Springs, CO
Colorado Springs Rea lEstate 719-459-5468
This is a good list. I would say at the very least- CLEAN and de-clutter. It doesn't have to cost much at all.
Feb 25, 2011 08:20 AM
Serving Mentor, and all of Lake County, Ohio - Mentor, OH
Keller Williams Realty- Mentor, Ohio
Ira, I see that your own personal definition of home staging may be somewhat lacking.
To use your words... "home staging, which largely involves removing unneeded furniture and other decorations, came in second."
May I suggest you have a little chat with some professional stagers... and perhaps expand your views. Just a thought.
Feb 25, 2011 08:22 AM
Keller Williams - Stockton, CA
Ira - Thanks for the interesting and informative blog. It is amazing what a small investment will do for a property.
Feb 25, 2011 08:23 AM
MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY
MJ Decorators Workshop
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