If you are reading this article you want to earn the most money in the sale of your home, right? Our Real Estate Agents certainly don’t blame you for that!
So where do you start? What is the homebuyer looking for in your area? What will they spend the most money on? Where do you invest the renovation money? In this article, our Real Estate Agents can help you learn renovation success secrets to make the property look like a million dollars while watching out for black hole money pits.
Interior Walls and Flooring — Vanilla Is Mutual
I’m not talking about ice cream flavors. Natural colors are a safe bet. Forget about the rainbow, carpet, and even linoleum are out. Replacing the flooring with wood will grab you top dollar.
The best look for uptick taste and style is a white oak unfinished which can be cheaply stained. You can expect a 15% hiring selling price after this little trick.
The best interior paint color is either a white or off white. Whites make rooms appear larger which will earn you a higher sold price.
Go For Affordable Lighting
Interior lighting is a curveball that’s really easy to overspend on and miss the mark big time. Most homebuyers choose to take down and throw away the seller’s lighting choices and replace them with something that is more their own fashion.
So what should you do to make sure you impress the buyers and not overspend? The answer is simple. The more invisible the light the better. Amazon has plenty of tastefully quiet lighting options which are ridiculously affordable and gets the job done every time.
Kitchens and Bathrooms
Your first thought should be,”how do we make this place seem pricey without spending any money?” A fresh coat of paint goes a very long way. The brighter the better in shades of white.
Don’t even think of glossy paint as that screams cheap or rental property — pick a matte color. You may be able to salvage the kitchen cabinets and simply paint them too instead of dropping hundreds or thousands on custom cabinets. New hardware could give the kitchen a fresh vibe on the cheap too.
Have you ever heard of reglazing? Rather then demoing and replacing the tile reglazing is an inexpensive alternative which provides you the flexibility of picking endless colors or mix and match for an elevated look.
Based on your market and target sales price appliances may make a large difference to the buyer. Here’s an area of the house you can lose your shirt if you’re not careful. Purchasing the improper appliances alone can set you back.
Does Staging Really Make That Much Of A Difference?
The short answer is 100% yes! The longer answer is there are just two reasons our real estate team advices you to stage a property with interior and exterior furniture and props.
Most experienced Real Estate Agents will inform you that staging creates the vibe and lifestyle story that attracts buyers who are prepared to take the multiple offer bait ramping up the selling price.
On the other hand, coupled with high-resolution photography, the staged properties are displayed in their best light which attracts hundreds of potential buyers, which creates mobbed open houses, which creates the power and thrill necessary to attract multiple offers and ramp up the sales price. Does that make sense?
Smart elevated renovations and staging aren’t always enough. You will need to hire the ideal local Realtor who has their finger on the pulse of marketing and the neighborhood-style tendencies which are commanding top dollar.
Getting your home for sale in front of the group of prospective buyers can mean the difference between 15-20% more money in your pocket. It’s crucial the Real Estate Agent you employ has a proven marketing plan and hard stop offering deadline.
The Listing Agent needs to have a clear line of communication with the buyer’s agents leading them down the path to where the sellers want them to be. Nothing is left to chance.
If your Real Estate Agent tells you the market will tell us what the house is worth and they’re floating around similar to a jellyfish in the ocean — you better searching for a new agent.