Becoming a homeowner doesn’t always come with the knowledge of how to best maintain your investment, use these simple steps to help you avoid devaluing your property along the way. Below are some examples of seemingly simple fixes that can affect your bottom line, if left when you decide to sell.
1. Curb Appeal – Not every home owner will have a green thumb or love gardening but keeping up the exterior appearance of your home and lawn is vital. A middle ground is also important to keep in mind, you don’t want to go too far with the lawn jockeys and flamingos. Just as importantly, if you have an old fence falling down or overgrown bushes taking care of those eye sores can make all the difference. Make sure to clean gutters seasonally and power wash the exterior (and any decking). This move will make a very visible difference for a reasonable price.
2. Unpleasant Odors – Few things will force people back out the door faster than bad smells. If you have indoor/outdoor pets or cook a big meal try to be aware of when the showing windows might be for your property. Sometimes we can get used to certain smells in our living spaces as well so if you have any uncertainty just ask a trusted friend if they smell anything unpleasant. This tip is both free and priceless.
3. Presentation – How you present your home is always important so the potential buyer can see themselves and their things in your home. Receiving an offer is great compliment that someone likes your house enough to want to trade places with you and live there themselves, try to take a look from their perspective. Keep everything tidy and clean, including cabinets and closets (buyers love to explore how much storage space is available). Providing them a clean open space that they can personalize with their own possessions will make a huge difference.
4. Interior Aesthetics – Everyone loves to personalize their living space but there are a few helpful tips to tone it down for buyers. Avoid any bright paint colors that might distract from showings, and take the time to replace or replace any cracked tiles, plumbing/drainage problems, or discolored grout. Spending a few hundred dollars on neutral paint can bring in more offers (and stronger offers if they are accounting for paint costs they will need to spend right off the bat). Bathrooms and kitchens are two of the most important rooms for home buyers so ensure that appliances and cleanliness are in tip top shape when the lockbox hits the door.
5. Illegal home improvements – Even though doing things the right way can also be the long way, getting caught making home improvements without local approval or permits can catch up with you once you are under contract. These building discrepancies can open you up to deeper negotiation requests.
What other easy tips do you use to prevent devaluing your property? Ask one of our agents how you can add value to your home before it hits the market.