If you’re actively preparing to list your home for sale, resist the temptation to make major home improvements. Nationwide, home improvement projects recoup just 58 cents on the dollar, says Remodeling Magazine.
Rather, for a better return on your time and money, focus on the minor projects instead. It’s the smaller projects in Fishers that tend to have a bigger, long-term payoff.
So, how do you determine which projects are the “smaller ones”? It’s obvious when you think like a buyer.
Consider : Home buyers don’t always notice when your home is in working order. In fact, they expect it to be that way. What they do notice, however, is when things are “broken”. When a buyer sees torn screens in your windows or burnt out light bulbs, it makes him wonder what else in the home has not been cared for.
This is one reason why — especially during warmer months — it’s sensible to hire an exterminator prior to selling your home. If a prospective buyer uncovers bugs in your bathroom, it can leave a lasting, negative impression — one that won’t likely lead to a purchase contrast.
So, with “small repairs” in mind, here are 5 simple projects that you can tackle in a weekend, and that will help your home show better. Each is low-cost and high-impact:
- Repair or remove torn screen doors
- Fix all leaky faucets and toilets
- Touch up holes and cracks in paint, interior and exterior
- Apply a lubricant to squeaky doors and cabinets
- Get “clutter” into storage and physically out of the way
In addition, you’ll want to pull weeds from your yard, seed any bare spots you find, and lay down fresh mulch, where appropriate.
You won’t need to spend big bucks to get your home ready for sale but the time spent on repairs will have a pay-off in the end. Homes that show better often sell much faster, and at higher prices.
Below are some of the most recent foreclosure listings, which could likely benefit from some repairs and updates. For an advanced foreclosure search, check out our Advanced Foreclosure Search
$109,900 : 7727 Platini Place, Indianapolis3 beds, 2 full, 1 half bathsListed with Wynkoop Brokerage Firm, LLC
$40,000 : 448 South Webster Avenue, Indianapolis2 beds, 1 full bathListed with Ala Carte Realty
$15,900 : 1246 Shepard Street, Indianapolis2 beds, 1 full bathListed with US Realty
$39,900 : 3460 West 79th Street, Indianapolis2 beds, 1 full bathListed with Indiana Central Homes
$49,900 : 4632 North Kitley Avenue, Lawrence3 beds, 2 full bathsListed with Diverse Property Solutions Ind
$152,900 : 5520 Oles Drive N, Indianapolis3 beds, 2 full bathsListed with United Real Estate Indpls
$45,900 : 2609 Southeastern Avenue, Indianapolis4 beds, 2 full bathsListed with Wynkoop Brokerage Firm, LLC
$105,000 : 11631 SIGNET Lane, Indianapolis3 beds, 2 full, 1 half bathsListed with Atlantis Realty Group, INC
$30,000 : 3120 East 46th Street, Indianapolis3 beds, 1 full, 2 half bathsListed with Al Page Realty
$98,800 : 4928 Guion Road, Indianapolis3 beds, 2 full bathsListed with BandWagon Real Estate, LLC
See all Foreclosure Map Search-All.
(all data current as of 5/23/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.