Monday, November 27, 2017
House and Home Real Estate Market Buying and Selling
If you're thinking of selling your home in 2018, it's never too soon to start preparing. Now is the time to get your finances in order and begin working on those minor projects around the house that will help you realize top dollar when it comes time to list.
When trying to zero in on where your money will best be spent, consider what most buyers are looking for. Some improvements may cost a few thousand dollars but are almost guaranteed to increase the value of your home, thus providing a high return on your investment. These include projects like replacing old, worn-out carpet, updating a dingy bathroom or finishing your basement.
Repainting is one household update that will provide a 200% return on your investment. Nothing makes a home look updated, clean and ready for new owners like a fresh coat of paint! Stick to a neutral palette to appeal to the masses and be sure to repair walls first and paint high traffic areas like the front entry, kitchen and great room.
Since we all know that kitchens sell homes, it's wise to do what you can to make yours more appealing to buyers, especially in an older home. You might be amazed at how easy it is to refinish or repaint cabinetry. There are some fantastic products on the market today that make this project a cinch – visit your local hardware store and ask an expert. Switching up your door hardware is another way to add dramatic impact without spending a fortune.
Another area to focus on when it comes to wowing potential buyers this spring is your home's curb appeal. Before the snow starts falling, take a good look at your home's exterior, including siding, roof, windows, garage doors, outdoor lighting, porch, walkway, driveway and your fence and deck. If repair or maintenance is needed on some of these items it's best to wait until the winter weather is over, but it's a good idea to know where your attention may be needed so you can start saving and planning!