Buyers expect a lot in this market. Years ago, the buzz phrase was “sweat equity,” and buyers hoped to end up with an investment by purchasing homes that needed work. With the shift in market, however, there has been a shift in attitude. Few buyers have the time or inclination to tackle large home improvement projects, and want a house that is move-in condition. Because many local markets are dealing with 7-10 months of inventory, buyers have plenty to choose from. You are trying to sell your home – what can you do to maximize your success? HomeGain has compiled a list of most recommended Home Improvements. These were compiled from a survey of nearly 1000 Realtors® who were asked which improvements they would recommend in order to help sell a house.
You can download the .pdf file of the report from this page (the link is halfway down on the right hand side of the page). Topping the list is decluttering/cleaning:
In this market, we would suggest that not only is it necessary to consider some of these low-cost improvements before you list your home – it is imperative so that you are as competitive as possible. You can’t control the market – price is determined by buyers, not by the seller or the agent. Two things that you can control are condition of your home, and price, and these characteristics are tied together.
Wondering what improvements make sense for your home? Call us and ask – we can quickly take a look at your home and help you to decide what will work for your specific situation!
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Great article, and right on the money. Although, I’ve never been a big fan of that report. I think the ROI column is regularly wayyy off. BTW: If you can find me a painter that will paint the outside of my house for $1000, send them over