When it comes to selling a home, a lot of people don’t know what is necessary to get their home into proper selling shape. Some people over think it and spend more than they need to on repairs. Other people may think that there home is just fine the way it is, but in the end have a hard time selling. The truth is, there are certain things you need and certain things you don’t. These guidelines will help you to see what repairs are essential and what things you can relax about when it comes time to get your home ready to sell.
Pre-listing home renovations that are worth your time and money:
- Water Stains – One of the worst things you can do is show your house with water stains present. Water stains are one of the first things a buyer will notice and they are the thing that will probably cause the buyers the most worry. Buyers who see water stains instantly think there must be issues with the plumbing throughout the house and that there could be a mold infestation. Make sure that if you have had to repair any leaks, you also repair any damage those leaks may have caused.
- Trip Hazards – Trip hazards are something that you definitely want to repair before listing your home. Not only are they dangerous, but they are extremely noticeable and can easily deter a potential buyer. If you have any uneven flooring or sidewalks, getting them fixed will be money well spent.
- Pet Damage or Odors – For obvious reasons, most buyers do not want to have the image of animals terrorizing the house they are thinking of buying. If potential buyers see animal damage or smell pet odor, they will worry that there are much more unseen problems that animals may have caused. Take the time to buff out animal scratches, fix torn screens, fill in dog holes, and make sure that your home is smelling brand new before showing it to potential buyers.
Renovations that you want to avoid:
- Outdoing the Neighbors – Don’t feel like you have to renovate beyond what your neighbors have done. Buyers are going to be willing to pay what similar homes in the area have sold for. Pouring tons of money into making your home look newer and nicer than the neighbors is taking away from the money that you could be putting into your new home.
- Bold and Trendy Colors and Decor – Just like with selling any product, you want your home to appeal to the masses. Bold and bright colors make it difficult for buyers to picture their own style in the home. Use neutral colrs to make the space look bigger and make it easier for buyers to imagine what life could be like in the home.
- Partial Updates to Kitchen or Bath – If you update some pieces of a room, and not others, it only makes the older parts stand out more. It is better to have an all or nothing mentality when it comes to renovating the kitchen or bathrooms. If you choose not to update the bathroom or kitchen, then the buyer is free to use their own vision to update things how they see fit.
There are so many things to consider when selling a home. Knowing what to do and what not to do with the home renovations can help ease some of that stress. If you are looking to sell your home, and need help financing your new purchase, please contact one of our mortgage professionals today! We would be happy to assist you with with your financing needs!