No one should ever sell for less than what they deserve when it comes time to selling their home. And for most of us, our home is our most valuable asset that we will ever own. More than just a roof over the heads of your Family, it's a savings fund and a retirement vehicle to secure your financial future. So when you do sell it, you need to make sure that you get it right.
Ok, so we get it. There is a lot of pressure to sell your home for as much as you can.
It's challenging to make sure that when you do sell, you are squeezing every last dollar out of the sale price. Since 2007, we have helped over 500 families navigate the unpredictable home market successfully and achieve above average results. Selling their home for a higher price in a shorter amount of time. The problem is there's so much noise out there on how to prepare your home for sale. Plus, you don't want to spend money investing in your home for no reason.
Shelling out $5,000 just to make back $4,000 is silly and a waste of your hard earned money. This can leave you feeling helpless and like you don't know what or who to trust. The good news is we've spent hours doing the research, reading the articles, scouring the bowels of the Internet and using what we've learned with hundreds of our clients to help them win. The result is this easy to implement list of the top 4 most impactful ways to increase your home's value. all doable in a weekend.
This list will take you from feeling lost and befuddled in the process to excited and confident that you've invested wisely in the areas in which your money will be repaid in dividends. So let's get started! Paint your front door black and earn an extra $6,200. According to the popular online real estate Web portal, Zillow. After examining about 135,000 photos from across the US since 2010. Zillow found on averages, houses with black or charcoal grey front doors sold for as much as $6,271 more than expected. Landscaping pays off, and they're an extra 300%.
Six applications of fertilizer and weed control, a project that could cost roughly $300, returns $1,000 at the sale, according to a survey by the National Association of Realtors. If you're willing to spend a bit more, a stone-lined walkway estimated cost of $4,700 returns about $5,000. This also really increases the curb appeal of the home quite significantly, so it's a great investment. Taupe is your new living room color and earned an extra $2,800.
Zillow also discovered that light Taupe living room selling nearly a $2,800 premium over their white walled counterparts. The same was true for light blue bathrooms, but take a second to think before you go too crazy with the rollers. There are some paint colors that can actually end up hurting your wallet. Zillow also found that homes featuring things like red kitchens, for an example, sell for about $2,300 less than expected.
Declutter your space to create openness to earn an extra 1 to 5%. It surprises us every time we show buyers homes to the point where it really doesn't surprise us anymore. People simply just don't create space in their homes by decluttering and rearranging their furniture. Take a look at each room in your home and focus on both the flow of the room from the doorway, yet also look at each wall. You notice that there is no open wall space.
If so, you'll want to fix that, but we cannot provide an exact number on this return. We have seen it in our client home that decluttering and creating space provides a better return on homes versus ones that do not prepare for sale. In fact, the National Association of Realtors supports our findings, reporting that an increase of 1 - 5% on the dollar value offered by buyers in comparison to similar homes when they were professionally staged. The fact is, you work hard for your money, and when selling your home, you deserve to be rewarded.
Sure, you don't need to do everything to your home in preparation to sell it.
However, living with the thought of achieving a subpar price, leaving money on the table will make it really tough to sleep at night. It doesn't have to be a difficult sale, one that has your home sitting on the market too long. Getting offers well below what you deserve and an overall painful process. You can get it done faster, make it easier on yourself. And best yet, get the money your home deserves.
When the time comes to sell your home, preparing it as best as possible makes all the difference, and using the 4 tips above will keep incredible results for your financial future. But don't just stop there. The realtor you hire to guide your home for sale, market it right to buyers, negotiate like your life is at stake, will multiply your end results.
Book a Sellers Discovery call today and see how we're ensuring we're helping our sellers get every penny in their home sale and even nothing on the table. Let us know what you think about our tips in the comment section. Plus, share any that you might have for other people to enjoy as well.
See you next time.
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The Germyn Group
Darin Germyn PREC* & Adam Howsam
Macdonald Realty LTD
email@example.com | 604-542-2444 | www.germyn.ca