Preparing your Schaumburg Home for Sale - 6 worth the price fix ups!

By
Real Estate Agent with RE/MAX Suburban
https://activerain.com/droplet/s5h

6 Worth-the-Price Fix-Ups

Simple and affordable do-it-yourself projects can greatly increase a 6 worth the price fix upshome's resale value, according to HomeGain's annual home improvement and staging survey done in April 2011.

The company surveyed nearly 600 real estate professionals to discover which DIY home improvement projects give sellers the biggest return for their buck. Here are six projects under $1,000 (amounts are estimated) that made the list.


1.    Cleaning and decluttering. Remove any personal items, unclutter countertops, organize closets and shelves, and make the home sparkling clean. ◦ $290 Cost ◦ $1,990 Return

2.    Brightening. Clean all windows inside and out, replace old curtains, update lighting fixtures, and remove anything that blocks light from the windows. ◦ $375 Cost ◦  $1,550 Return

3.   Smart staging. Rearrange furniture, bring in new accessories and furnishings to enhance rooms, incorporate artwork, and play soft music in the background. ◦ $550 Cost ◦ $2,194 Return

4.   Landscaping enhancements. Punch up the home’s curb appeal in the front and back yards by adding bark mulch, bushes, and flowers and ensuring current plants and grass are well-cared for and manicured. ◦ $540 Cost ◦ $1,932 return

5.   Repairing electrical or plumbing. Fix leaks under the sinks, remove any mildew stains, and ensure all plumbing is in good working condition. Update the home’s electrical with new wiring for modern appliances, fix any lights or outlets that don’t work, and replace old plug points with new safety fixtures. ◦ $535 Cost ◦ $1,505 Return

6.   Replacing or shampooing dirty carpets. Steam-clean carpets, replace any worn carpets, and repair any floor creaks. ◦ $647 Cost ◦ $1,739 Return




 
Excerpted from HomeGain’s 2011 Home Sale Maximizer Survey: www.homesalemaximizer.com.

Posted by

 

lyn sims remax suburban  Lyn Sims    Schaumburg IL Area    Northwest Chicago Suburbs  ●  (847)230-7324
 
 
©2007-2021
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Illinois Cook County Schaumburg
Groups:
Advice for Sellers
Local Expert
Tags:
seller advice
home staging advice
schaumburg homes

Spam prevention
Show All Comments
Rainmaker
710,880
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

Lyn

I'm surprised painting didn't make the top list. This is almost always one of the things we undertake if the walls are painted a bold color (orange, for example) or are horribly smudged, flaky or peeling.

Another trick I learned from a stager: One of my clients had a hideous rusty brass light in the breakfast nook. The stager recommended painting it black -- and it made a world of difference.

Jan 29, 2012 01:10 PM #1
Ambassador
2,306,898
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

There are things that sellers can do to help show their home off to it's best advantage and they need to make sure they haven't missed any of these inexpensive spruce-up advantages.  Nicely done.

Jan 29, 2012 01:21 PM #2
Rainmaker
926,706
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Lyn, those are all great fairly low-cost enhancements that can make big returns.   And, thank you for your generous offer, I might take you up on that later.....

Jan 30, 2012 09:19 AM #3
Rainmaker
1,189,015
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Those are great returns for little money.  I think painting didn't make the list because the return isn't that high.

Jan 30, 2012 10:30 AM #4
Rainmaker
1,677,741
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Ron:  The learning curve here can be very steep.

Jane:  Interesting, that is true. Some people are still painting in colors that hurt your eyes.

Judi:  It really is for their advantage & not very costly at all to show their best.

Pacita:  OR, they could paint it that burnished bronze color also. I think that the $10 brass chandelier's that builders put in their homes should be outlawed. Especially when they are over 20 years old.

 

Jan 30, 2012 11:21 AM #5
Ambassador
3,987,460
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Lyn, I'm sending this to one of my to-be sellers!  GREAT list and thanks for sharing it.  It's always nice to be able to show that the return is so much better if they do a few simple tasks.

Jan 30, 2012 03:15 PM #6
Rainmaker
1,289,786
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

What's the old saying, Lyn???  Sometimes it's the little things??  The lack of cleaning sends up warning signals about the entire home and how well it's been maintained.  A little elbow grease fixes that and goes a long way towards securing a sale.  Keep on preachin' ...

Gene

Jan 30, 2012 03:24 PM #7
Rainmaker
1,677,741
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Debe:  I like the idea showing the ratio of effort to $$'s. It doesn't really take much effort on the sellers part to make the house shine.

Gene:  Yep, I just keep saying it over & over agin.

Jan 31, 2012 04:43 AM #8
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,677,741

Lyn Sims

Schaumburg Real Estate
Need help with Schaumburg Area Real Estate?
*
*
*
*

Additional Information