When you are preparing to sell your home you don’t have to completely remodel it. In fact, you probably shouldn’t since you likely won’t get a get return on your investment. You do however need to put some effort into fixing certain things if you want to sell your home quickly and get a good price for it.
Fix the easy-to-fix problems
If your kitchen is too-small and outdated and it will cost tens of thousands to remodel it, let prospective buyers decide whether they want to invest in a fixer upper. But if you have a faucet that drips or dirty carpets, or some other problem that can be fixed by a reasonable amount of money, then take care of it before you list it. There’s no reason not to clean your carpets or replaced leaking faucets or fix any other easily fixable problems. They’re short, simple projects many of which you can do yourself for little money and they make your home easier to sell. Even though they’re little things, prospective buyers will notice.
Even though buyers know the home will be empty when they move in, it’s still hard to shake that negative impression they get when they see the home overly cluttered. There may be some buyers who are able to see the potential in the dirtiest and most cluttered spaces but most people can’t do that so take the time to declutter and clean up before showing your home. You may need to rent a storage unit temporarily to store excess things until you sell your home and move into a new one. You may want to pay for a professional home stager to make your home as presentable as possible. When decluttering, make sure to remove family photos since they hinder prospective buyers from being able to visualize themselves in the home which is what you want.
Price it fairly
If you’re like most people, your home represents your largest investment and not just monetarily. You may have spent years in it, growing your family, making improvements, pouring money into upgrades. I holds tremendous financial and sentimental value to you so it can be hard to put a dollar figure on it. But you have to. Don’t try to factor in that sentimental value into the price of your home. Remodeling work can be factored into the cost in some cases but it depends on what kind of remodeling. Remember that your home’s value is determined by the market and what people are willing to pay for it, not what you put into it. If you are planning to remodel before selling, try to prioritize less expensive upgrades that improve both functionality and aesthetics. Don’t spend a fortune on a luxury kitchen remodel that you won’t be able to recoup.
Get rid of eye-sores
Does your home have a patterned wallpaper that many would find unattractive? Does it have old, rusty baseboard radiators? These kinds of things create an immediate negative impression that prospective buyers won’t be able to stop thinking about even if everything else looks great. Tear down wallpaper and repaint everything a nice, neutral off-white or beige. Cover old baseboard radiators with shiny new baseboard radiator covers.