10 Minimum Improvements to Make Before Selling Your Home
Do Home Buyers Want Fixers or Fixed Up Homes?
Some home buyers want to buy a fixer upper home, but generally these buyers want a home that will require light cosmetic repairs. Buyers who gravitate toward fixers are those who either don't qualify to buy a more expensive home or those who want to make a profit by fixing the home themselves.
Fixer-upper buyers will discount the price of the home to allow for the repairs, and, for the inconvenience, even more. Say a home is worth $100,000 fixed up, but it needs a new roof. A new roof might cost $10,000. A buyer most likely will not offer $90,000 for this home. Otherwise, they could buy an identical home with a new roof for $100,000 and not have the hassle.
A buyer for this type of home might offer $75,000, or even less. In this scenario, a seller would be smarter to pay for a new roof and sell the home for $100,000.
Before Fixing Your Home Up
Before deciding to make specific repairs before resale, take an afternoon off to tour other homes in the neighborhood. Compare these homes to yours. If, for example, most of the homes on the market have upgraded kitchens, you should concentrate on fixing the kitchen.
This doesn't mean you need to buy designer appliances and tear out the cabinets. But a minor kitchen remodel would be a good investment. A fresh coat of paint on the cabinets and new hardware go a long way in giving your kitchen an updated look.
Make a list of everything that is defective, broken or worn out in your home. If buyers spot problems or malfunctioning systems, they will wonder what else in the home has been neglected.
Here are the top 10 minimum improvements to make before selling your home:
Selling a home requires preparation, patience, and, in today's market, a reality check. When you meet with me for a Home Staging Consultation, I break the process down into manageable steps and offer tons of helpful home selling tips and advice.
Some home buyers want to buy a fixer upper home, but generally these buyers want a home that will require light cosmetic repairs. Buyers who gravitate toward fixers are those who either don't qualify to buy a more expensive home or those who want to make a profit by fixing the home themselves.
Fixer-upper buyers will discount the price of the home to allow for the repairs, and, for the inconvenience, even more. Say a home is worth $100,000 fixed up, but it needs a new roof. A new roof might cost $10,000. A buyer most likely will not offer $90,000 for this home. Otherwise, they could buy an identical home with a new roof for $100,000 and not have the hassle.
A buyer for this type of home might offer $75,000, or even less. In this scenario, a seller would be smarter to pay for a new roof and sell the home for $100,000.
Before Fixing Your Home Up
Before deciding to make specific repairs before resale, take an afternoon off to tour other homes in the neighborhood. Compare these homes to yours. If, for example, most of the homes on the market have upgraded kitchens, you should concentrate on fixing the kitchen.
This doesn't mean you need to buy designer appliances and tear out the cabinets. But a minor kitchen remodel would be a good investment. A fresh coat of paint on the cabinets and new hardware go a long way in giving your kitchen an updated look.
Make a list of everything that is defective, broken or worn out in your home. If buyers spot problems or malfunctioning systems, they will wonder what else in the home has been neglected.
Here are the top 10 minimum improvements to make before selling your home:
- Patch all holes and cracks in walls and ceilings.
- Fix all broken appliances and HVAC systems.
- Repair leaky faucets.
- Replace worn carpeting.
- Repaint dark or marred walls with neutral paint (not white).
- Replace broken windows.
- Repair the roof.
- Change outdated light fixtures / ceiling fans.
- Replace old linens / window coverings.
- Fix code violations.
Selling a home requires preparation, patience, and, in today's market, a reality check. When you meet with me for a Home Staging Consultation, I break the process down into manageable steps and offer tons of helpful home selling tips and advice.
Staging South Tampa offers home staging consultations (staging to sell), room re-designs (staging to dwell) and wall color consultations.
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Posted by Ann Alderson's Staging Blog at 10/19/2010 1:41 PM 
Categories: home for sale, home for sell, decorating to sell, condo, sell fast, home improvement, Tampa stager, real estate, home staging
Tags: Ann Alderson home for sale home staging home for sell decorating to sell home improvement Tampa stager real estate sell fast
Categories: home for sale, home for sell, decorating to sell, condo, sell fast, home improvement, Tampa stager, real estate, home staging
Tags: Ann Alderson home for sale home staging home for sell decorating to sell home improvement Tampa stager real estate sell fast
Before I bought a fixer, my Realtor told me that 99% of home buyers want a home ready to move in and only 1% can see the potential of a fixer. Your listed advice is good.
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