In today’s market, preparing your home for sale is more important than ever. Depending on your budget and the condition of your home, there are low-cost, minor changes you can make for a high impact or more substantial upgrades that will provide you with a greater return on investment.
Curb appeal seems to be on everyone’s list of the most important things to focus on when preparing your home for market.
But there are also many other measures that you can implement as a seller to make your house shine and stand out from the competition.
In today real estate world, kitchens are often the most critical part of a home for potential buyers, and the first room they want to see when they visit a listing. Even if people don’t cook, they want a spectacular kitchen. It is much more than a place to cook meals, it is the focal point, the heart of every home, the place where everyone gathers and it has replaced the living room in today’s lifestyle.
While there’s no hard and fast rule on how much you should invest in a kitchen, or how much of a return you’ll get on that investment, most agents agree that it’s definitely worth the money. You can generally expect to recoup 1 to 1.5 times your investment on a recently remodeled kitchen. If you do not have the budget, or simply do not want to invest in the remodel, it is important to show that your kitchen has the potential to become a great kitchen and to make it look as spacious as possible: decluttering is key to reach that goal. That goes for every other room in the house as well.
Today’s buyers are also looking for luxurious master suites and bathrooms. After the kitchen, buyers want to look at the master suite when visiting a home. They expect a large room, with large closets (walk in preferably), lots of windows and light, and a large luxurious bathroom with double sinks, a large tub and separate stand up shower. Depending on your property’s price range, you may want to do just cosmetic improvements to your master bath (fresh paint, possibly new countertops) or a full out renovation adding granite countertops, a jet tub and a roomy stand-up shower if your home is $2 million or over. Next to the kitchen, the master bath renovation is the most impactful you can do to your home. You’re can be fairly confident that what you will get back what you invest into a master bathroom remodel when you sellyour property. Next to the kitchen, a master bath remodel generally provides sellers with the best resale return on investment.
Here are a few tips to get you started:
Do’s and Dont’s of Selling Your Home Online - MSNBC Video