If you’re on the fence about a renovation on your house before putting it up for sale, you shouldn’t be. While these projects will require time and money, they’re valuable investments in getting your home sold quickly. The right renovation projects may even give you a well-needed boost in property value.
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Consult a Real Estate Agent
A good real estate agent is a valuable resource not only for buyers but also for guiding you. Since you’re thinking about the best renovations for your home, an agent can give you an objective assessment. They can also let you know which techniques other homeowners have used and the kinds of upgrades buyers like. If you haven’t settled on the right selling price for your home or even the right time to put it on the market, your real estate agent is great for that as well. According to Bankrate, when you’re looking for an agent, it’s good to get referrals from people you know. You don’t have to choose the very first one you find; feel free to interview at least three agents so you can find the one that works well with you.
Upgrade the Interior
Where the inside of your home is concerned, the two main projects that interest buyers are bathroom and kitchen renovations. According to HGTV, if you’re undertaking a kitchen renovation, you should set your budget based on your selling price. The rationale is that you’ll only recoup a percentage of your investment, so there’s no point in investing more than the house is worth. It can also be helpful to focus on the upgrades that buyers like. For a bathroom renovation, the first thing you should do is to replace fixtures that are over 15 years old. What’s more, buyers will appreciate improved ventilation, updated flooring, and better lighting.
Update the Exterior
To move your buyers from considering to definite, you can’t just pay attention to the inside. One of the major projects you can undertake is repairing or replacing your roof. Even if it doesn’t need any major repairs, refreshing the roof can make your home stand out in a good way. You can also do some landscaping and refresh the paint job. While it’s good to maintain some space in your backyard, buyers appreciate a nice, sturdy deck as well. This can be a particularly involved project, so don’t turn it into a DIY activity unless you’re comfortable with everything that’s involved. Since it’s also a structural matter, the last thing you want to do is give your buyers an unsafe addition.
Stage the Home Well
When you see staging on television shows, it’s highlighted for a few seconds and that’s it. The truth is that staging is a multi-step process that takes some time. In fact, it’s recommended that you declutter your home before you do your renovations; clearing out the rooms will make it easier for the projects to be completed. You’ll also need to clean the house thoroughly before it’s time for staging. Since the whole point of staging is to give your buyers an idea of what it would be like to live in the house, make sure to stick to neutral colors. It’s also recommended that you put away personal items and store any furniture that won’t fit in with the decor.
While you can’t lose with bathroom and kitchen renovations, you don’t want to forget about the outside of your house. The projects you decide to put the most focus on will definitely depend on the state of your house and what buyers in your area like. Just make sure you do your research and get guidance from a real estate agent before you commit to anything.
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