6 Must-Do Home Improvement Projects to Tackle Before Selling a House
May 3, 2016
Selling your home might feel like a rush to the finish line. The market is hot right now, you think—so you should hurry up while you can still get a good price. Or perhaps your dream home was just listed, but you can't move in until your current place sells ... so you should expedite this, right?The problem is, if you move too fast, buyers see right through the fact that you skipped important home renovations. And this, my friends, might end up costing you time and money. Lots of both, in fact.So take the time to sell your home right. These six home improvements will make your home sell faster and for more cash. And some of them aren't even very much work.
1. Spruce up the grounds
This is one of the easiest—and cheapest—tricks in the book: Good landscaping can add up to 28% to overall home value. Why pass up free money?
“When it comes to houses, they are often read by their cover,” says Helaine Newman, a Realtor® in Fairfax, VA. “Homeowners should make sure their home is nicely landscaped so buyers want to come in.”
Hire a landscaper to give your front yard the once-over, or just clean up the details yourself (e.g., edge the lawn, plant flowers), and update the outdoor furniture on the front porch to give the space a fresh, “buy me now” appeal.
But if you don't have time for a full overhaul of your front yard, small changes can still have big impact.
“At least replace your welcome mat with a new one and paint or restain your front door,” says Kary J. Bartmasser, a Realtor and broker in Beverly Hills, CA.
2. Love the hardwood
Still rocking that old-school carpeting? Get rid of it, like, yesterday.
“One of the biggest turnoffs for buyers is dirty old carpet,” says Newman. “To get the best price possible, it is worthwhile to invest in wood floors.”
Right now, carpeting isn't just an aesthetic choice—it's a choice that can actively turn away buyers who can't see beyond it. Instead of noticing what a wonderful, light-filled living room you have, they can think only about just how much money it will cost to get rid of that nasty old carpet. Do it yourself and save them the trouble. What you have underneath might be far more presentable, with a bit of cleaning and refurbishing. If it isn't, a new floor is a worthwhile investment.
Decided to keep your carpet? At the very least, make sure to clean it thoroughly before buyers come trekking through your home.
3. Fix windows and doors
So you're selling an older home, complete with creaking windows and doors that don't open and close easily after years of use. Maybe you're hoping buyers will overlook the problems in favor of “charm.”
“You'd be surprised how many people list their property thinking no one will notice that the windows and doors are not opening and closing because they look pretty,” says Lori Aronsohn, a Realtor in Los Angeles. “When the showings start, believe me, potential buyers are going to open and close windows and doors and learn that something is awry.”
You're not just irritating buyers by refusing to fix broken windows and doors. Ignoring basic repair work might actually cast a pall on your entire home.
“Buyers will suspect that other hidden items in the house haven't been kept up either,” Aronsohn says.
4. Paint (and wash!) walls
If any of your rooms are doused in a dark shade, such as eggplant or emerald, cover it up with a coat of light or neutral paint. Buyers find it easier to picture themselves living in a home with neutral walls—plus, they'll make your home seem larger, cleaner, and far more appealing.
If you still can't bring yourself to paint over the hues you've so carefully selected, consider this: After living in a home for a few years you may become a bit blind to how your walls are showing to newcomers.
“Peeling paint, fingerprints, and dings seem to go unnoticed in a lived-in home,” Bartmasser says. “Fresh paint on the walls in a neutral color is always best, but if your budget does not permit that, washing the walls and doors goes a long way.”
5. Clean the cabinets
If you've never sold a house before, you might be surprised by how bold buyers are. Digging through your drawers? Peeking inside your cabinets? How dare they! But buyers are expected to be little investigators—so be prepared before they start sleuthing.
Buyers “should be able to see how much storage is available rather than the clutter you might have there,” says Will Johnson, a Realtor with the Sell and Stage Team in Hendersonville, TN.
Also, check for any loose drawers, hardware, or shelving so buyers don't wonder what else might be amiss. And hide those strange or semi-incriminating items that aren't at all meant for public display.
Before putting your home on the market, bring in a second set of eyes (your Realtor or stager is perfect for this) to look over your lighting. Is it dated? Does it serve the space poorly?
“Lighting is similar to clothing or hairstyles,” says Karen Gray Plaisted, stager and owner of Design Solutions KGP in Warwick, NY. “They can go out of fashion and make a beautiful home look dated. Finding relatively inexpensive light fixtures can make a big impact and be well worth the investment.”
Check out your favorite home improvement store for cheap, modern lighting that can make your home go from old news to new and stylish in no time. The ROI can be pretty darn impressive.