Areas To Improve Before Selling Your Home
When selling your home, it is important to look at specific areas to improve for buyers. It can be expensive to try to take on larger remodeling projects before selling. Many small investments can end up giving you a higher return on investment if you focus on the right areas.
According to the 2016 Zillow Group Report on Consumer Housing Trends:
41% of sellers paint the interior or exterior
31% renovate the bathroom
27% add curb appeal
26% install new carpeting or flooring
Not sure where to start? Here are five areas of your home that can be given special attention before selling!
1. The Kitchen
Your kitchen is one of the most significant areas that buyers are most likely to pay attention to. Here are great investments to make for your kitchen:
Paint walls/trim
Paint cabinets
Replace backsplash/paint existing
Replace hardware (cabinet pulls)
Install new sink faucet
“Minor kitchen remodel will recoup about 81% of its cost in average resale value” - https://www.moving.com/tips/6-most-valuable-home-improvements/
2. The Bathroom.
Aside from the kitchen, your bathroom is the next space that will give you a great return on investment. Here are the top improvements to make for your bathroom:
Paint walls/trim
Paint/replace vanity
Replace tile/paint existing
Add new large mirror
Replace shower curtain
“Mid-range bathroom model will get you a ROI of 70.1% nationally” - https://www.moving.com/tips/6-most-valuable-home-improvements/
3. The Living Room.
The living room is one of the main areas that stand out in your home to buyers. Here are a few simple ways to update your living room:
Paint walls, trim, or fireplace
Replace carpet/flooring
Update window treatments
Replace old light fixtures
Reduce clutter
“Replacing lighting throughout the house can be a simple update for a small investment” - https://hermoney.com/invest/real-estate/2019s-5-most-profitable-home-improvements-you-should-make-before-selling-your-home/
4. The Main Bedroom.
The main bedroom can be one of the most influential factors to buyers. To improve your bedrooms’s style, here are a few updates you can do:
Paint walls/trim
Update light fixtures
Install new carpet
Replace door knobs
Add light staging
“Replacing carpet or repairing flooring is an improvement that 26% of homeowners make. Wood floors are preferable to carpeting” - https://hermoney.com/invest/real-estate/2019s-5-most-profitable-home-improvements-you-should-make-before-selling-your-home
5. The Exterior.
The exterior of your home can be one of the most important factors, given that this is the buyers first impression of the home. Here are the most important improvements you can make to your exterior:
Mowing or re-sodding/planting grass seed (if necessary)
Edging flower beds
Pull weeds & lay fresh mulch
Trim the shrubs and bushes
Update the walkways/accent with lights
“29% of sellers spruce up their landscaping as part of their presale prep” - 2018 Zillow Consumer Housing Trends Report