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Inexpensive Ways to Increase your Home Sales Price


Despite the amount of snow that has been fluttering from the skies recently, spring will be approaching with the next few weeks, so it is definitely time to make sure your home is in prime selling condition. Real estate experts are predicting that this spring is going to be the best market sellers have enjoyed during the last few years. Even so, it will still remain a buyer's market, so sellers need to find ways to increase their home sales price and to take full advantage of the last few weeks of winter to give their homes a competitive advantage when warmer weather does arrive.

What is the first thing sellers should do? Make sure the exterior of their home is up to snuff. Remember that buyers are usually attracted to the outside of a home first, so it is important to reel them in by making sure that your home is as appealing as possible on the outside. Touching up the paint and giving the front-entry a remodel are small things that you can do that can go a long way toward attracting buyers.

It is also important to make sure that all of your lawn as well as your hedges and flowers are well maintained. Many sellers unfortunately have landscaping that is either too heavy or overgrown and this can conceal the real beauty of a home. Make sure everything is trimmed so that the real appeal of your home can shine through. Add in some splashes of color to herald the arrival of spring to make buyers want your home to be at the top of their 'want to see' list.

Painting does not have to be restricted to the exterior. Adding a fresh coat of paint to the inside is another relatively inexpensive way that you can make your home stand out from the competition as well. The key is to make sure that you stick with a conservative color choice. Remember that just because burnt orange is your favorite color, does not necessarily mean that buyers will like it. Go with something such as a light cream or yellow with a contrasting white to give everything a fresh and crisp look.

Your floors are another area that you may want to pay attention when giving your home a fresh new look for spring. You do not need to spend a lot of money to make your floors look more inviting. Even something as simple and inexpensive as cleaning the carpets can make a huge difference. Many carpet cleaning companies run specials that will allow you to have carpets in several rooms cleaned all for one low price. When the carpets look and smell fresh and clean buyers may not feel as though they need to try to low ball the price with thoughts toward having to replace the carpets at some point in the future.

Does your home need any major repairs? Lending standards are now demanding higher down payments, which means that buyers often do not have much additional cash to make improvements or repairs after they have purchased a home, so it is important for sellers today to handle any major home repairs. You might even consider hiring a home inspector to professionally examine your home and determine which repairs should not be ignored. This is an investment that can prove to pay off well when your home does sell.

Another option to consider is placing all of your appliances under warranty. This is a step that can provide buyers with more confidence in the home and motivate them to make an offer. If your home happens to be older, a home warranty can negate any concerns buyers might have and help you to get your home under contract faster. Buyers may also be more willing to offer closer to the asking price and not be so concerned with trying to negotiate if they have more confidence that they have some type of recourse if the appliances should fail.

Finally, you might consider paying for a home inspection yourself. This is something that home buyers usually pay for after a home is under contract, but in this market you may find that the cost of an appraisal can help to attract buyers as well as a higher sales price. The cost of such an inspection is usually only a few hundred dollars but could net you thousands more on the home sale price as it can ease the worries of buyers when they are trying to decide between several homes for sale.


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