If you’ve decided to sell your home, no doubt you want to increase the odds of getting a great price for it as well as sell it fast. To do this, you have to make sure it’s as attractive as possible to potential buyers. The following are five tips you should use to help you make fixes before you put your home on the market.
Look at Comparable Houses to See What You Should Do
An easy and accurate measure you can use to find out what you need to do is to look at houses that compare to yours. Making sure that yours meets or even surpasses the standards set by other houses will make it attractive to potential buyers. Work with a real estate agent if possible to make your odds of selling fast even better. In 2019, 5.34 million existing homes were sold, as shared by the National Association of Realtors. The number of newly constructed homes sold that same year numbered 682,000, according to the U.S. Census Bureau. It’s clear to see that many more people are buying existing homes, so give yours a chance of getting sold by getting it up to standard.
Plumbing and HVAC
Before you put your home on the market, make sure that the plumbing system is sound and there are no leaks in the pipes and ducts. If you have doubts about the condition of the piping, get a plumber to inspect it. Also ensure that the HVAC is clean, works well, and has no leaks. You could get a technician to have a look at it and make sure that it’s in good condition and won’t fail in a few months to come.
Stick To Your Budget
While fixing up your home, it may be tempting to get everything in perfect condition and disregard your budget. This is not a good idea, as some things are negligible for home buyers and won’t give you a worthy return on your investment. A whopping 46% of homeowners who had set a budget ended up exceeding it in 2016. To avoid falling in the same predicament as they did, work with a real estate agent who will share with you the most important fixes to make, and those that you can ignore.
Painting is the easiest and fastest fix you can do, and yet it makes the biggest impression. To make your house completely appealing, paint the interior as well as the exterior so your house looks great from outside all the way in. Use mild, pastel colors as these tend to be the most attractive for a large number of people. Avoid loud, trendy colors unless you’re using them for a highlight, so that in case the buyers who come looking don’t like it, they have a smaller surface to contend with or repaint.
Upgrade the Basics
Discerning home buyers will often be keen on the basics. These include the roof, plumbing, wiring, doors, windows, and heating and cooling. It is important to get these in good condition, therefore, as the heat gained and lost through windows is responsible for between 25%-30% of the energy used for residential heating and cooling. With people becoming more conscious of saving energy, this is something that can have your home sitting on the market for a while if it’s not updated.
Selling a home is not hard if you follow a few simple suggestions on the best practices. Take the time to get your home in good working order, therefore, and you will be surprised at just how fast you will find a buyer.