In a recent survey of Realtors and homeowners planning to spruce up their homes before marketing their homes for sale, a vast majority of Realtors and home owners agreed that making the right improvements can increase the appeal of a property and boost the value in the eye of the home buyer.
Home buyers are aware of soft market conditions but want a home that is ready to appreciate, in the best possible condition. The most common home improvements recommended by real estate agents as a ‘must’ is the sellers’ repair of household items. Nearly half of home sellers planned to paint where ever necessary and apply new flooring where carpeting shows signs of wear or wood flooring needs freshening.
Home improvement budgets were $2,000 to $5,000 for 24 percent of home sellers planning improvements; $5,000 to $10,000 for 22 percent and $10,000 to $20,000 for 16.6 percent.
If budgets are tight organizing and de-cluttering the home and its contents can go a long way to giving you the best return on investment.
A ‘walk around the house’ can be a family session where everyone points out areas for improvement and create your ‘to do’ list. Keeping in mind that the overall goal in the selling process is to create a pleasant atmosphere where potential home buyers can imagine themselves living.