Tag Archives: curb appeal

Home improvements that pay off

The temptation is strong: Clean up the yard, declutter the house, and put it on the market without spending time and money sprucing the place up for sale. This is especially the case if you anticipate losing money on the sale.

Some real estate agents recommend you do little if anything to get your home ready for sale. This could work if you price the listing to look like a bargain. However, most buyers in today’s market are nervous and picky. They aren’t in a hurry and they want a house that’s move-in ready.

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10 DIY projects to sell your home faster

Paintbrush | Photo by Alan Cleaver

Photo by Alan Cleaver

“With the troubled housing market of the past five years and banks still reluctant to lend, its no wonder homeowners hoping to sell are sitting on the market for months at a time. Buyers, meanwhile, are trying to find a balance between their dream home and one that’s affordable.

For those trying to sell a house, what are some quick and easy DIY projects that can help sell your home faster? We asked experts to share step-by-step instructions for completing projects bound to modernize your home, from resurfacing cabinets to eliminating home odors to re-caulking bathroom grout.

1. Create a welcoming entrance
If you don’t immediately impress potential buyers as they enter the home, you’re setting yourself up for a tough sell. Creating a welcoming entrance is arguably the most effective way to sell your home faster…

2. Mulch
Applying mulch to your front and back yards is another inexpensive way to make your home more appealing to buyers…

3. Eliminating odors
You may not notice odors in your home, but prospective buyers will…

4. Resurfacing cabinets
Replacing your cabinets is undoubtedly a major expense and will likely require a professional to complete. Resurfacing your cabinets is a cost-effective way to spruce up your kitchen, though…”

Read the rest of this article by Yahoo! Homes here: “10 DIY projects to sell your home faster”.

4 ways to attract more buyers

Some buyers are looking for a home that’s located in a specific neighborhood. Others have more flexibility regarding where they live. But most buyers share one thing in common: They want a home that’s in move-in condition.

Start working on attracting buyers to your home by putting the property in good condition before it goes on the market. In most cases, it’s not a good idea to show your home to a prospective buyer before it’s ready to be shown. Photos should also wait until your home presents itself well.

homes for salePay attention to “curb appeal”; first impressions are lasting. Some buyers drive by without taking a look inside if they don’t like the way a house looks from the street. The yard should be clean and tidy. Replace the front lawn if it’s dead; the same goes for plants that have seen better days. Flowering plants make your home look festive and inviting.

Peeling paint should be touched up, if possible. If an entire exterior paint job is called for, consider changing the color scheme to enhance the appeal. One seller repainted the exterior of his home before selling without consulting his agent or a colorist. He repainted using the existing color scheme, which was out of date. The house didn’t sell quickly. When it did, the first thing the buyers wanted to do was change the color of the exterior.

Repair deferred maintenance, particularly if it’s visible from the street. You want to convey the impression that your home has been well maintained. If you can’t afford to repair and paint the white picket fence in front of your house, it would be better to remove it than leave it.

Houses that don’t have much architectural appeal can often be improved by the addition of shutters. Houses that don’t show much from the street can be enhanced with an architecturally intriguing gate or entryway. You want to peak buyers’ interest in seeing what they can’t see from the street.

HOUSE HUNTING TIP: List with an agent who can provide wide exposure for your home, including extensive Internet advertising. The vast majority of homebuyers search for homes online. Buyers discount Internet listings that do not have photos, and they gravitate toward those with many photos and quality photos. Make sure that the agent you list with will not put your home on the multiple listing service or Internet without plenty of quality, representative photos — 15 or more is good.

The importance of Internet advertising should not be underestimated. The Internet is global and available 24/7. Buyers often find the listing they want to buy on the Internet before their agent has seen it. After surfing the Internet, some buyers decide to buy outside the area they were focusing on if they see something elsewhere that appeals to them.

Local marketing may work in some cases, but you wouldn’t want to cut yourself short. Broad exposure of your listing to the market is an integral part of selling.

Although the buyer for your home could come from anywhere, you do want it to be exposed to the local agents. Your agent should hold the listing open for real estate agents as soon as it’s ready to be shown. Repeat broker open houses may be necessary to make sure a representative number of agents see the listing.

Public open houses are good exposure. Some buyers still find the home they buy at an open house. However, they don’t pay off like they did during the bubble market. Encourage private showings, which require that you make it easy for agents to show your home to their buyers.

THE CLOSING: The best way to attract buyers to your listing is to price it right for the market. Otherwise, all of your efforts will be for naught.

Dian Hymer, a real estate broker with more than 30 years’ experience, is a nationally syndicated real estate columnist and author of “House Hunting: The Take-Along Workbook for Home Buyers” and “Starting Out, The Complete Home Buyer’s Guide.” View the article here.

If you want to sell, I’m the Realtor for you! Give me a call at (619)337-3262!

Examine Features Now To Sell for a Good Price Later

Home for saleWhen you buy a home, chances are high that you will eventually sell as your life changes over time. In the United States, it’s estimated that homeowners change residences every five to seven years.

So when you are house hunting, it’s important to keep resale value in mind. Some features you may find desirable may not appeal to others when the time comes to put the house on the market. That would hurt both your ability to sell the house and to get a good price.

As you start your search, consider these factors that will affect resale value:

Exterior Features

Location: If you find the property that offers most of the features you are looking for and it’s going for a bargain price, don’t rush into it. There may be a reason the house is selling for a bargain, so carefully consider where the property is located. When you resell, for example, couples with small children are likely to be searching for quiet streets, large yards and proximity to shopping and schools. Rectangular lots generally sell better than oddly shaped or awkwardly situated properties. For many buyers, the determining factor is the neighborhood.  A home in a safe area will always fetch a better price than the same sized home in or near a less desirable neighborhood. In addition to a low crime rate, many buyers are also looking for a high-achieving school system.

Maintenance: A beautifully manicured lawn with landscaping may have curb appeal, but it is likely to be expensive and time consuming to keep up. You may be willing to pay a premium for it but the next buyer may not. A house with little to moderate landscaping generally has the best resale value. More buyers will also choose a home with exteriors, decks or patios that are made of low-maintenance materials.

Swimming pools: Pools can pose resale problems. Safety concerns means families with small children generally avoid them, as do buyers in regions where a pool is used only a few months of the year. Buyers will also be aware of the maintenance pools require. Keep in mind, however, in some upscale neighborhoods a pool is almost considered an essential.

Size: Resale value is also affected by the size of surrounding homes. Don’t buy the largest home in the area — a large house in the midst of smaller houses generally will sell for a lower price than if it is surrounded by homes of a similar size. Conversely, small or medium-size homes near a larger dwelling tend to increase in value.

Interior Features

Bedrooms/bathrooms: Homes with at least three bedrooms usually have good resale value. The price goes up if the master bedroom has its own bathroom. In any case, the home should have at least two bathrooms and they should be updated for resale purposes.
Kitchens: The center of many homes is the kitchen, which makes it the most important room in the house. Look for modern appliances, a large pantry, plenty of cabinets, attractive and spacious counter tops and adequate dining space. If there is a family room or dining room, the kitchen should be nearby.

Storage and space: In general, lots of closets and well-organized storage space will entice buyers, as will plenty of natural light. Walk-in closets add to the appeal, and garages boost resale value, particularly if they fit two cars. A separate laundry room is typically a great resale feature.

Character: One all-important aspect that will help sell a home is its character. A home’s distinctiveness, however subtle, can charm a buyer. Small touches such as granite counter-tops, French doors, an antique fireplace, or a picturesque view through a bay window can often cinch the deal. The more character your home has, the higher the resale value.

When buying a home, it all comes down to this: Purchase a house that suits your immediate needs and desires, but keep an eye on its resale value. You’ll reap the rewards when it’s time to move on.

This article is by BizActions.