I’m sharing four tips you need to prepare your home for sale, and four more tips that cost little or no money.
Here are four tips to help you prepare your home for sale, followed by four more inexpensive (or free) ways you can boost your home’s value on the market.
First, let’s discuss four factors to keep in mind as you prep your house for sale:
1. The market’s condition. In a strong seller’s market, you don’t need to do much; there’s little inventory and not much competition. If you price your property judiciously, it will sell no matter what.
2. Price point. In the average price points, you don’t need to do much to sell a home. However, in the higher price points, around $400,000 and above, your house’s condition becomes more of a factor.
3. Selling conditions in your neighborhood. If every home in your neighborhood has granite countertops, and yours has Formica, for example, that could negatively impact your sale. Also, if all the listings in your neighborhood are renovated before they sell, you need to do the same for your home.
“Do you have the money or skills to make the necessary changes to your home?”
The above tips should be followed, but not everyone can achieve them. If you find yourself in a situation with limited resources, the great news is that these following four tips will still help you get a high return on your investment:
1. Declutter. The more personal items you can remove from your house’s living areas, the better off you’ll be. Buyers want to be able to see themselves in your home, and decluttering doesn’t cost a thing.
2. Paint. Generally, painting is inexpensive. Repainting the entire interior of your house can cost as little as $2,000. This will dramatically change the perception of your home.
3. Curb appeal. First impressions are everything in real estate, so do everything you can to make the first glimpse buyers have of your house look as excellent as possible. Cleaning up your front yard and updating the landscaping will take you far.
4. Eliminate odors. If your home smells like pets or stale cigarettes, it may turn off buyers. These odors are relatively easy to get rid of, but you’ll have to do some research as to how.