Selling Your House
5 Savvy Fixes to Help Your Home Sell
Get the maximum return on your spruce-up dollars by putting your money in the areas buyers care most about
Color Expert, Interior Decorator, & Design Blogger (http://thedecorologist.com). The Decorologist creates spaces that nourish the eye and nurture the soul. It's about helping you define your personal style, gain confidence in your choices, and express yourself through the decoration of home. Admitting you need help is the first step!
No one wants to spend money on the home they are getting ready to sell, but it can be crucial if you want to sell the house quickly and for the price you want. Beyond basic decluttering and cleaning, there are areas where some money may need to be spent. While there are some areas that aren't necessary to spend money on, you may need to spend a little cash in order to get your property sold.
Painting the walls in updated neutrals and on-trend colors will set your home apart and help home buyers remember each room. Open areas all should be painted the same color — maybe a light griege or muted-down color. You'll want to skip the dark or intense colors in these areas.
Master and guest bedrooms are best painted in muted but distinct colors. Muted versions of blues, greens and yellows are good bets.
2. Make Necessary Repairs
Go ahead and make any repair work that you have left unfinished. Not only will the buyer's home inspector find those issues anyway, but you are hindering offers if there are obvious repairs that need to be made.
Unfinished repairs or projects reflect badly on the overall maintenance of the home and send up a red flag to would-be buyers. Nothing will make a buyer pull out of a deal and run for the hills faster than a home inspection report riddled with needed repairs and safety concerns.
3. Replace Old Carpet
If you have old or stained carpet, you should consider replacing it before putting it on the market. Often a professional cleaning is enough to get it ready to show, but sometimes that just won't do the trick. Stained or dated carpet is a huge turnoff to potential buyers, especially if you have pets. Even pet lovers are not interested in buying a home with carpet stained by other peoples' pets.
And before you even mention it, "carpet allowances" really don't work well anymore. Mortgage companies are increasingly reluctant to allow a contract with repair and update allowances. Besides that, most people don't have the luxury to stay a few extra weeks in their previous home after the closing date while new carpet is being installed. Fresh, new carpet is even more crucial when selling an empty property, since that is all buyers will see in an empty room.
Same thing goes for vinyl flooring — you're going to have a hard time selling if it's old, torn or stained. Replace it with a clean, neutral vinyl or vinyl composite tile (VCT).
4. Install Solid-Surface Countertops
You've probably heard that kitchens and baths sell houses. If you are interested in getting your house sold quickly, replacing laminate countertops in the kitchen will help make that happen. We can argue the particulars, but solid-surface, natural stone or quartz countertops will help sell your home.
When a property is above the $350,000 range, I highly recommend the upgrade. If it's below that, there is absolutely nothing that will sell a home faster and for more money. Buyers on the lower end will swoon over them and will always choose a home with solid-surface countertops over other homes in their price range that don't have them.
More on choosing kitchen counters
5. Find a Stager
Investing a few hundred dollars with a really good home stager can help you make tens of thousands when selling your home. Not all stagers are created equal. Do your homework and find a stager with a good track record and a great portfolio so you can see the work before investing in a consultation.
Spread out the cost — and enjoy some fixes yourself. If you are considering moving within the next couple of years, don't wait until the last minute to improve your home to make it more marketable. Do a little at a time so that you can spread out the cost. Why not enjoy the improvements yourself before your house goes on the market?
Guides to selling your house
How to Sell Your House Faster to a Younger Buyer
Ideabook published on Aug. 6, 2012.
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