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
$15,000 : 2910 South Taft, Indianapolis2 beds, 1 bathListed with F.C. Tucker Company
$25,000 : 6108 East 40TH, Indianapolis3 beds, 2 bathsListed with Ala Carte Realty
$28,900 : 3711 East 36th, Indianapolis2 beds, 1 bathListed with Artisan, REALTORS
$44,000 : 6143 Woodfox, Indianapolis3 beds, 2 bathsListed with Al Page Realty
$45,500 : 438 North Chester, Indianapolis3 beds, 2 bathsListed with Community Real Estate Services
$99,500 : 1449 South Earl, Indianapolis3 beds, 1 bathListed with F.C. Tucker Company
$62,000 : 4610 Karen, Lawrence3 beds, 2 bathsListed with Green Tree Solutions, Inc
$109,000 : 4219 MATHEWS, Indianapolis3 beds, 2 bathsListed with United, REALTORS
$30,600 : 501 South Holt, Indianapolis2 beds, 1 bathListed with RE/MAX Advanced Realty
$17,900 : 8110 East 47th, Indianapolis3 beds, 1 bathListed with CENTURY 21 Diversified Realty
See all Foreclosure Map Search-All.
(all data current as of 8/19/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.