Add curb appeal and value to your house before you sell it
This is the first of what I plan to be many blogs in my HOME SELLER SERIES BLOG that I am going to write to target home owners who have listed their house for sale in the past but it didn't sell according to plan and/or homeowners who are currently getting their house ready before they list it for sale.
Real Estate Professionals know that many things can factor in the sale of a house being unsuccessful.
So what are some tips that can add value and curb appeal to home owners property? Here are some things that I can share
#1 Power wash your house exterior
You MUST I repeat you MUST power wash the dirt,mildew,and grunge off the outside of your house. And not just the exterior of the house but the driveway also. Why? Powerwashing your house can add value to your house. It would only make your house look more appealing to home buyers who would be interested in buying your house.
How long does it take to make an first impression?According to Psychology Today online article,First impressions,it takes a mere seven seconds to make an first impression. So if you are a home owner who is trying to sell a house,you need to make an impression with home buyers quick (especially in a competitive buyer's market)who will have many other houses on sale to choose from.
#2 Paint your house
According to a Remodeling Expense Infographics
on www.remodelingexpense.com,painting the master bedroom would yield a 75% to 150% ROI and painting the kitchen would yield a 200% ROI. So make sure you hire a professional painter to paint your house if you are not good with the paint brush. Painting your house will not only make your house look new but home buyers would see the house as a house that has been well maintained.
And also make sure you use the right color of paint-VERY IMPORTANT. What colors of paint would that be? Glad you asked. According to WOW 1 DAY Painting blog Best painting colors selling house,interior colors that motivate home buyers to buy your house are Light Gray,Taupe and White. Resist the urge to make a statement with color. An appraiser will mark down the value of a house that’s painted a wildly different color from its competition.
#3 Make sure your roof is fixed (HOME BUYERS need to remember this one)
Every human being wants a good roof over the head right? Well try to give the next home buyers who will buy your house one too. Now why did I say try to? I am pretty sure many roofers will tell you that replacing a roof is not cheap.
According to the "Remodeling Impact Report" from the National Association of REALTORS®, the national median cost of a new asphalt shingle roof is about $7,500. And if you install a new one, you'll get that back -- plus a bit more. A new roof has an ROI of 109%.
However some people who are trying to sell a house might not be able to afford to spend $7500 that they are no longer have plans of living it. Spending $7,500 might not only make sense but cents as in money to some homeowners. $7500 is A LOT IN CENTS.
But if a home inspection report reveals to the home buyer(s) that the roof needs to be replaced or fixed,try to negotiate something with the home buyer and Real Estate Agent by possibly giving the home buyer a credit at closing that they can use to hire their own professional roofer who will repair the roof for them.
Make sure you get a professional roofer to inspect the roof to help you determine whether you should replace your roof or not.
#4 Make your yard look nice
A well maintained front yard boosts the curb appeal of any house. According to Consumer Reports online article 8 ways to boost your home value Curb Appeal will boosts a home value 3-5%.
So if you are not a home gardener,then hire a someone who is a Local Professional Lawn Maintenance. If you're selling your house anytime soon, any work you do now will reap benefits in your home's selling price, usually 100% or more according to the "Remodeling Impact Report" from the National Association of REALTORS®.
5. Get a good Mailbox
While many home owners might overlook this they shouldn't. An upscale mailbox, architectural house numbers, or address plaques can make your house stand out. Mailboxes range from $50-$300 depending on size and style.
#6. Add a Fence
A picket fence with a garden gate to frame the yard is an asset that would add value to your house. Not only does it add visual punch to your property, appraisers will give extra value to a fence in good condition, although it has more impact in a family-oriented neighborhood than an upscale retirement community.
Home buyers especially ones with children and pets would be more willing to buy a house if it had a fence.
Expect to pay on average $2,000 to $3,500 for a professionally installed gated picket fence 3 feet high and 100 feet long.
If you already have a fence, make sure it’s clean and in good condition. Replace broken gates and tighten loose latches.
#7 Maintain your house
Remember those small projects that you have around the house that needs to be done but you are always putting it off for some reason? Well now is the time to find time in your busy schedule and get them all done. Nothing appeals worse to ready,willing,able and motivated home buyers than things like hanging gutters,missing bricks from the front steps, or peeling paint. That means that if you don't fix it,the home buyers are going to have to fix it. And many home buyers who are looking to buy a house that is in move in ready won't be willing to take on that project.
Here are some maintenance chores that will dramatically help the look of your house:
Not only can these deferred maintenance items damage your home, but it can possibly decrease the value of your house by as much as 10%. Example: If you list your house for sale at $500,000,these unfinished projects could possibly cost you $50,000. $50,000 IS A LOT OF MONEY. Can you afford to leave that much money on the table when you are trying to sell a house that you want to make as much money possible from? I DIDN'T THINK YOU DID.
Please continue to follow my blog as I share more tips in my SELLER SERIES BLOG