If you are in the market to sell your home, it's only natural to want to show off your house’s best features. Staging and presentation play a major role in facilitating a fast home sale. This is why so many real estate agents have external staging teams to help them ensure that the home they are selling looks its best.
As a homeowner, there are a few renovations you can make in order to speed up the sale of your home. In this article, we will explore the do's and don'ts of remodeling before putting your house on the market.
First things first, you'll want to understand your home's most attractive qualities. Get a sense of what buyers on the market are looking for in new homes today. In 2023 research says that home buyers are looking for decadent outside spaces, large kitchens, and rooms that can be converted into home offices due to the work-from-home movement brought on by the pandemic.
Once you have done some research and surveyed what home buyers in your area are looking for, you can then showcase the most attractive qualities of your home. Think about staging and touching up these areas of the home, or even showing them first if you are giving tours on your own. Adding a fresh coat of paint or new floorboards to rooms that will be most attractive in your home based on research can help you speed up the sale of your home and price it appropriately.
If you're not quite sure where to start when it comes to renovations and remodeling, it is a great idea to prioritize your kitchen and common areas first. Renovations can be time-consuming and expensive. This is why it is so important to be strategic with your remodeling plan prior to putting your home on the market. Kitchens and common areas are the most frequently visited rooms in a home, so focus on making these spaces up-to-date and inviting for potential home buyers.
While you do want to make sure you facilitate a speedy sale of your home, it is important not to short-change yourself. When remodeling your home prior to putting it on the market, keep track of how much you are investing into each area of the home. Before deciding on a price point, look back at your records and take into account all of the new additions you have added. Doing a recent remodel can help you get a better understanding of what the real value of your home can be.
Even if you are in the midst of doing some remodeling to your home, it is important not to limit showings. If you find the right buyer during your renovation process, there is a possibility that you will not have to move forward with other projects you had planned. Showing off the home while it is in a remodeling state can be a smart way to showcase the potential of the home without pouring too much money into new projects.
As we mentioned before, home buyers in 2023 are looking for upgraded and expansive outside areas. Since so many of us now work from home due to the pandemic, it is important for home buyers to have an outdoor space where they can work and play. Upgrading the outside of your home does not have to be an expensive process. Adding a simple addition such as a porch, fresh flowers, or Shrubbery to add an extra element of privacy can go a long way.
Remember, putting your home on the market does not have to be a solo act! To understand the true value of your home and have a professional way in on your remodeling and selling process, contact VSells & Associates today.
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