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.