|
Condition
of Home
The
condition of your home is one of the most important factors in a
successful sale. Your first step should be a personal assessment
of your home's condition. Make a list of things you would want done
or changed if you were going to purchase your property. There are
two types of improvements that should be included on your list.
These are cosmetic changes and physical repairs. While a home in
perfect, like new condition will be easy to sell, it is not always
in your best interest to perform every repair and improvement you
can think of. This is especially true of major cosmetic repairs
because you might not get a return of your investment when you sell
your home. For example, it is wise to have your yard well groomed
and in appealing appearance, but it is unwise to invest thousands
in professional landscaping. Always keep the property's lawn mowed
and free of leaves, and also remove anything you might have had
stored on your property. As a result, your property will be more
appealing to the eye and will appear larger with less space taken
up by items such as a boat or an extra car. Remember, first impressions
are the most important and all potential buyer's first impressions
will occur when they view your home's exterior and yard. This is
referred to as curb appeal. View your property from the perspective
of a potential buyer's first impression. Is the yard clean? Is the
exterior of the home clean? Again, it is best to focus on reasonable
repairs or improvements. Many of these improvements can be done
yourself or at little cost to you. Now is not the time to invest
thousands on paving the driveway, but the time to prune trees, bushes,
and hedges, and pick up all the leaves. Also, remember what appeals
to you might not appeal to all potential buyers. A clean, well-groomed
yard appeals to just about everyone and this is the first thing
potential buyers will see. Now that the yard has been taken care
of, perform tasks such as cleaning the exterior of the house itself.
All windows should be clean as well as the gutters and siding. This
all ties into the value of the first impression.
As with the exterior of your home you should also try to see the
interior of your home through the perspective of potential buyers.
Since people's tastes can be extremely varied, it is best to have
a neutral or conservative decor. Similar to the exterior, the interior
should be free of any and all clutter. This includes every room,
the attic, the basement, and the closets. Potential buyers will
be able to view these areas at their true potential if they are
not cluttered. If you have excessive furniture, it should be removed
and clear pathways should be created throughout the house. Also,
now is the time to have the carpets or rugs thoroughly cleaned.
You can either do this yourself or have it professionally done.
Besides your home's overall cleanliness, the condition of the kitchen
and master bedroom are of high importance. These areas deserve a
high level of your attention in preparation to sell because of the
higher level of scrutiny they will be under. Resist the temptation
to completely update the kitchen. Again, tastes vary greatly and
a redone kitchen might be no more appealing to a potential buyer
than your last kitchen. Your real estate agent can offer sound advice
on what you should and should not consider in remodeling options.
As with the exterior, not all interior improvements will be returned
in the resale value of your home.
After
you've completed a list on your own, walk through your home with
your real estate agent. Your real estate agent can explain all the
improvements that will increase the speed that your property can
be sold and how much your home can be sold for. Most importantly,
your real estate agent can explain what improvements are most likely
to show a positive financial return when you sell your home. .
|