Repairs or Touch-ups to Improve Value

 

First of all, keep in mind that you don’t need a giant improvement to achieve your goal. Small improvements introduced in almost every room, including the exterior of the house is what we are aiming for.

Here are some tips to get you started:

  • Clean, clean, and clean. Nothing looks more appealing and eye-catching than a neat and clean house. So start improving the appearance of your house by cleaning out the debris, making your garden look like an ideal place and painting or polishing the front door to make it more welcoming.

De-cluttering is also a part of cleaning, so get rid of things you don’t need to make room for new ones.

  • The first glance is usually enough to tell a lot about a house.

Go out and see how other people would judge your exterior.

Does it need repainting? Is there a walkway that you can highlight by introducing some flowers?

Keep it simple but try to make it neat.

That’s what we look for when we are inspecting houses to buy one.

  • The kitchen usually needs an upgrade whether it has been used or is still new and untouched.

Renovating it using modern décor is going to instantly improve the value of your home.

Why?

Because people have an eye for the kitchen and they want it to be just perfect.

Even if they would have to compromise on other rooms, they will buy a home just because its kitchen is well-maintained and inviting.

  • Other than the kitchen, bathrooms are something people usually inspect very closely.

Replace the faucets, and clean up the bathroom counter. We would again emphasize on simplicity because simple and neat arrangements are usually easy to clean and maintain.

What to Invest in?

So, you’re done decluttering, cleaning and upgrading.

What’s next? Well, if you have a good investment to make for your home, it is recommended to divide it into three or four parts to bring some really impressive improvements to your home.

Here are some areas you might want to think about seriously:

  • Lighting: If you are not very satisfied with the lighting system in your house, replace it.

But for this you would need to buy fixtures and other equipment for each and every room in order to make it look consistent and attractive.

  • Plumbing: Many old homes have rusty pipes and even some leakage in the plumbing that needs serious attention.

Your home will not sell fast and at a price you have in mind if you haven’t already invested in making the plumbing system better and improved.

  • Flooring: Most people nowadays look for hardwood floors or alternatives that are easy to manage and provide health benefits instead of carpeting.

Tiled floors are also fairly acceptable.  If you think this improvement would bring you high profits, make it right away.

  • HVAC Replacement: With the passage of time, new and more energy-efficient systems are being introduced to the market that incur a one-time cost and help you save huge amounts of money on utility bills. If you want to add a new and unique selling point to your ad, make this replacement as part of your home improvement strategy and see how offers start coming.

What’s really worth repairing?

Remember that it is not wise to spend your money on each and everything just to have it repaired. Not all things are worth repairing; some need to be thrown out and others need to be replaced. This is one principle that most people follow when they stage their home.

Inspect each and every aspect of your home and then come up with a plan that will go with your budget and also bring improvement to your home. You may want to replace outdated appliances in the kitchen. Repairing these machines is not an option, so you will have to get rid of them and buy new ones.

If your budget doesn’t allow this upgrade, simply give the ones you use a color-boost or something like that to at least improve their appearance.

If you already have wooden floors installed at home, look for scratches and be prepared for some refinishing. This is one aspect most home buyers would look into closely, but there’s no need to replace the entire flooring.

Wooden floors look great even if they are old and worn out. Give them a little lift-up to make them more attractive and appealing.

Nowadays energy efficiency has found its way into many of our systems including the windows. Now people look for the latest windows and other systems that are designed to be more energy efficient providing a number of health and environmental benefits.

Replace your old windows for these new ones if you want to improve the value of your home through small yet significant changes.

If your bathroom floors are tiled, look for any flaws or cracks especially if the tiles are white or light colored. These types of flaws are hard to conceal even if you arrange everything else very neatly.

So, before investing in other bathroom accessories and putting in your efforts to de-clutter it, replace a cracked floor tile.

 

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Ricardo Medeiros
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Recent Blog Posts

When preparing your home for sale, you need to fix things up, declutter, perhaps slap a fresh coat of paint on a few walls. That’s all part of getting your property ready for buyers.

But there’s another type of preparation that you also need to do. And, the sooner you do it, the less stressful your move will be.

You need to get all your paperwork together.

Here’s what to gather:
 

  • Property documents such as deeds, easements, surveys, liens, etc.
  • Mortgage documents, plus any other loans (i.e., line of credit) that use the property as collateral.
  • Maintenance and service agreements that may continue with the new owners.
  • Warranties and guarantees that are transferrable to the new owners.
  • Recent utility bills, such as water, electricity, etc.
  • Rentals (i.e., water heater rental.)
  • Home security agreements and codes.
  • Contracts for any work done on an ongoing basis. For example,
         lawn maintenance.

 
Getting these records together early will ensure you’re not scrambling at the last minute to find them. Some of these documents, such as warranties, also make for attractive selling features.

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When considering whether or not to sell their home, many people think about market conditions. They consider whether it’s a buyer’s or seller’s market. They look at trends. They try to time the sale to get the best price for
their property.

While market conditions certainly can play a role in deciding whether you should sell now rather than later, many other factors can influence that decision too.

For example, you might have outgrown your home and need more space. Perhaps you need an extra bedroom or a larger kitchen. If you wait until market conditions are perfect, you may languish for months — or even years — in a home that’s too small for you.

The same can be said for downsizing.

Another “non-market” reason you might want to sell your home sooner rather than later is the neighbourhood. Is there another community more suited to your lifestyle that you want to get into? If it’s a particularly desirable area, you don’t want to wait too long to make a move. If you do, you might lose some good opportunities.

There’s also the emotional side of the decision to consider. You might simply want to move for no other reason than you need a change. That’s as good a reason as any to put up the For Sale sign and find your next dream home.

Other non-market reasons for selling include:
 

  • Wanting a shorter commute to work.
  • Desiring a different style of neighbourhood. (Rural rather than urban.)
  • A change in family situation.
  • Living closer to relatives and friends.
  • Wanting a particular property feature, such as a backyard with
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The point is, don’t just consider market conditions when deciding to sell. Look at all the reasons and then move forward with confidence. After all, you can sell and buy in any market.

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What is it about your property that stands out? What will buyers like most about it? What are your home’s most enticing features?
 
Answering those questions will help you determine which features to emphasize when selling your home. After all, you want buyers to notice and appreciate your property’s best characteristics.
 
But here’s the challenge...
 
It can be difficult to determine which features of your home are particularly desirable to buyers. You live there! So, there might be a fantastic characteristic of your property that you’ve gotten used to. You might not even realize its value.
 
One way to gain perspective is to ask friends, “What is it about our property that you like most? What stands out to you?” Ask them to be candid. Often, they’ll reveal characteristics about your home that may surprise you. You’ll definitely gain insights that will help you when listing.
 
Another technique is to compare your property to others in the neighbourhood. Buyers often target neighbourhoods, so realizing how your home stands out can be helpful when marketing it. For example, your property might have a larger backyard than most others on the street, or it might have a lot of recent upgrades.
 
Another way to discover your home’s most attractive features is to talk to me. I can tell you what buyers will like most about your property.

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