Sellers should focus on
home improvement projects that either add value to the home or that attract
buyers' eyes and pique their interests. Make them forget any other houses they viewed
and want your house instead.
Don't randomly select
home improvement projects based on your own tastes or suggestions from friends,
either. You won't be the one living in the home, after all. Research houses in
your community and compare features and appraisals to get a better idea what
people in your area want. A swimming pool may be a popular upgrade in a
Southern suburb filled with young couples and families, for instance. But in
the North, a hot tub will have greater appeal. A community with older
people, no matter where in the country, will probably value a car port or
garage over a pool or spa.
Here are three
home-improvement project categories that almost anyone can tackle without a
large capital investment.
1.Boost Your Curb Appeal
You'll never get a second
chance to make a first impression. When potential buyers drive up to your home,
if they don't like what they see immediately, they may not get past the
exterior to find the great things inside.
It's not about planting
expensive trees, installing fountains or other fancy upgrades. In fact, some of
the most value-added outdoor home-improvement projects cost little to nothing,
except for your time. The
National Association of Realtors® (NAR) suggests some of the following property improvements:
Get out your pruning shears: If your home is on the market, keeping the lawn mowed is a
given. Keeping plants and flowers watered is also essential. Pruning trees,
shrubs and other greenery is more easily overlooked, but it is one of those
touches that will make your home stand out. Follow a pruning
guide, like the one provided
by Better Homes and Gardens, to get the most out of your efforts.
Dig into some mulch: Mulching is another often overlooked landscaping project with
a tremendous impact. It helps conserve moisture, protects roots, discourages
weeds, and other benefits. You can choose between all-natural mulches and
decorative mulches, such as stone. You can even use compost that you create
yourself or mown grass and fallen leaves.
Show off your green thumb: Purchase outdoor containers that complement your home's style
and plant something unusual or interesting, NAR suggests. Place plants on the
patio or around the home's entrance to immediately create a more appealing
exterior. Plant bright flowers and foliage to provide a splash of color.
Clean up your home's exterior: Spend a weekend cleaning your gutters, windows and especially
your siding, among other exterior items. Rent or purchase a power washer for a
very affordable price to really make your home shine.
2. Add a Coat of Paint
Like a wash and wax for
your car, a new coat of paint makes anything look better and brighter. To
improve your home's value and attract buyers, consider a fresh paint job,
inside and out.
The "safe"
advice is to choose neutral colors, such as beige and off-white, and to avoid
vibrant or gender-specific hues such as orange, purple or red. However, safe
isn't always the best bet, argues real
estate agent Todd Kroepel. "Keeping a home
vanilla so that buyers can choose their own style and décor … ignores the fact
that most buyers lack the ability to visualize the home differently," he
cautions. Don't be afraid to add splashes of color and a touch of texture—it
can be good to leave a dash of style evident.
Consider painting an
accent wall in your living room with a contrasting color, or add some
texturizing product instead. Adding hand-painted borders in the bathroom, by
using stencils that run vertically or horizontally, is another classy touch.
Before painting, outside
or in, ensure that the surface is clean and properly prepared. Use a primer to
cover previously unfinished areas or bare wood, to better cover over dark or
bold colors, or to block out stains. Inside your home, sand surfaces slightly
if you don't use a primer, to help paint adhesion.
3. Update the Kitchen or Bathroom
Everyone appreciates a
well-put-together and comfortable bathroom or kitchen. Renovations to these two
rooms usually generate buyer interest and offer a high rate of return on investment
when it comes time to sell.
Updates don't always
require a large expenditure and a messy, lengthy remodeling period either. Some
of the simplest things can change the entire feel of the room. Do as much, or
as little, as you choose—just don't get too attached to the results.
Replace sink and bathtub fixtures: Switch out generic faucets and handles for newer,
better-quality hardware. Think about using brass for a startling contrast, or
select a style completely different from the current one.
Install a new sink: As long as you're replacing faucets and such, why not replace
the bathroom or kitchen sink as well?
Refinish the cabinets: Solid wood responds well to sanding and refinishing with stain
and a polyurethane top coat, or even paint. Newer cabinets often require
refacing with veneer instead. Veneer kits make the job fairly simple: Adhere
the material to the cabinet box (the portion left after removing doors and
drawers) and then purchase new drawer fronts and cabinet doors to complete
the makeover.
Upgrade your countertops: Replace laminate with stone, tile or even a concrete
countertop. If you have old ceramic tile, clean or regrout to refresh the look.
Add lighting and accessories: Think in layers when it comes to lighting. Adding accent
lights or task lights in any room of the house makes it more visually
appealing. Other little touches include changing door knobs, light switch and
outlet covers, or installing ceiling fans or a medicine cabinet. Consider
swapping old light switches with dimmer switches or energy-saving, programmable
lighting controls.
Highlight energy-savers: Speaking of saving energy, programmable thermostats, upgraded
insulation and proper weatherproofing are music to many home buyers' ears.
While you can hire
professionals to do the work for you, rolling up your sleeves and doing it
yourself will increase the amount you recoup when you sell your home. Each
project will increase the value of your property, no matter where you live, and
help you sell your home faster.
Your local San Diego real estate expert,
Stephen Nissou
Nissou Realty Group | Keller Williams Realty
Direct 619-250-4541 | Office 619-873-2772
Nissou Realty Group | Keller Williams Realty
Direct 619-250-4541 | Office 619-873-2772
Stephen@StephenNissou.com
CalBRE # 01443193
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