Should You Renovate Before Selling?
Many people believe that it's harder to sell your home in the winter than the summer. But there are some real advantages to selling during the colder months.
To begin with, far from the sometimes frantic action of the early spring market, sellers can take a little more time to carefully consider offers, and also with fewer homes on the market, there’s significantly less competition. Those things that lead people to make home purchases -- a new job, a growing family, up- or downsizing -- happen throughout the year, so there are still plenty of buyers available. The truth is, winter is a great time for playing up your home’s warm, family-friendly charm.
Start with the exterior
As for any other season, make sure the home’s appearance looks effectively maintained and taken care of, with eaves troughs clear and minor repairs covered. While you can’t fresh paint in winter, washing paintwork and also siding with comfortable soapy water on a mild day can make a huge difference. Make sure the windows are freshly washed also.
Tend to foliage
Make sure that shrubs and tree-branches bent down with snow don’t obstruct paths or entrances; brush the compacted snow off or prune whenever necessary. Ensure that the walkway is shoveled and ice-free before every single showing; not only will this be a courtesy and crucial to making the property look well maintained, but if any visitor slips and is hurt, you could be chargeable for damages.
Adorn the entrance
A wreath on the front door or porch presents a welcoming entrance. Plant urns with festive greenery, the fuller the better: with cedar or pine branches, tuck in sprigs of sacred, dried berries, magnolia leaves, corkscrew hazel or red toe branches with silver ball ornaments and perhaps gold thread ribbon woven through the device.-----
Many buyers want a quick, hassle-free sale and would do anything to make that happen when selling their home. But, renovating your home can cost you more, lowering your profits, so when is it actually a good idea to renovate your home before selling?
Because every home is different, some homeowners will need to spend money on their own to make a sale, while others do not. This not only depends on your home’s status quo but the condition of your local real estate market. There are many different methods that can be used to furnish a house before putting it on the market. These can range from a simple clean-up task to a complete renovation.
The deciding factor needs to be the return on investment, or ROI. The cost of improving your home before selling needs to spark a sale price that is certainly higher than whatever you put in, but this can be very tricky to assess. A good agent is able to help you go through the different stages, to determine what will be most effective for your particular situation. It helps with an agent on your side who's going to be well versed with your neighborhood and also the state of the market in general. If you are likely to spend money on your own home, it’s vital to make certain this money will probably be put to beneficial use and create a higher profit at the point of sale.
Here are a couple of things you could do to your home that are free and are exceptionally economical, that could greatly affect the value of your home.
1. Declutter: Clean your property and box up "ALL" personal possessions. Take away those family pics and Beanie Babies collection from inside the spare bedroom.
2. New Curb appeal, get some flowers, a layer of fresh mulch and edge your sidewalk, check your porch for a woodrot or any need for paint. Give it a new look and paint your front door.
3. Paint inside. Paint is one of the cheapest renovations that have the best return on investment. Yes, most people hate painting and you can make the mistake of choosing a color that a buyer wouldn’t like. Here's a tip. Paint neutral colors.