How To Sell a Home in a Buyer’s Market
Planning to sell your old house to buy a new one? It’s important that prospective buyers see your home at its finest. Don’t let that discourage you from trying to sell it. When you have a list of things you need to do to get it ready, the task seems less overwhelming. Here are some simple tips on how to sell a home in a buyer’s market by sprucing up the appearance of your home without spending a lot of money. These little tricks can pay big dividends at closing.
Make a few upgrades, like Kitchen and Bathroom Cabinet Refacing.
Kitchen renovations will get you 70-80% return on your investment in most cases. Ever have a party at your house? Where does everyone hang out? The kitchen! Sure the food draws them in, but the warmth of the kitchen keeps them there. This truly is the heart of the home and is instrumental in finding a new buyer for your property. If you have a dated kitchen and you need to fix it up in order to sell your home, but you find yourself short of the typical $30-40K for a full upgrade. What do you do? Consider kitchen cabinet refacing. An updated kitchen is the most important remodel you can do in your home to attract a buyer; however, if you overdo it, you may never get your investment back. The fact is, most buyers know how labor intensive and costly it can be to remodel a kitchen. That’s why homes that have remodeled kitchens by refacing the kitchen and bathroom cabinets tend to sell quicker and for better prices.
Here are some other things to think about:
Give the rooms a fresh coat of neutral paint.
You’d be surprised how a fresh coat of paint can liven up a room and improve its appearance. Make sure the colors are neutral, too. Crazy or bold colors could scare off a potential buyer. If it’s possible, stick with the same neutral color throughout the entire house. It gives the impression of a “fresh slate” that the new owners can have their way with.
Landscaping, Fences and Gutters = Curb Appeal!
First impressions of your home are key. As potential buyers see your home from outside you want to make sure that your grass has been recently trimmed and your flowerbeds are free of weeds and freshly mulched. Make sure your shrubs are neatly trimmed as are not blocking windows or the entryway.
Hire somebody to look at your house.
When you’ve lived somewhere for several years, you begin not to notice little things that others might notice. Pay somebody a small fee to come in and make a list of things they see that could be fixed or improved. It might just be the best money you spent on your home.
With these suggestions, like Cabinet Refacing, you can be well on your way to selling your home quick. But be sure that you don’t put so much work into the home that its cost is much more than other houses in the neighborhood. Make the improvements as simple as possible without sacrificing quality and you’ll get a fair price for your home without waiting too long.
The value of a property depends upon several factors, such as the location, size of the house other amenities and the overall market trends in terms of appreciation and depreciation. But before putting your house on the block, you have to get the right value for your house. Get the property evaluated by 2-3 brokers to get an accurate quote.
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