Real estate can be unpredictable, and will not always bring a profit to the average homeowner. One thing the average homeowner can expect is being able to sell their home for what they paid for it. This means they will have lived rent-free for however long they resided in their home. There are several things a person can do at little to no cost that will increase the sale price.
Appearances contribute to a large factor when selling a house. Taking the time to do a little landscaping, cleaning the walls, and steam cleaning carpets go a long way towards increasing property value. A clean, fresh-smelling house will always help to open a buyer’s wallet. One trick to creating a fresh scent of mixing one part water with one part Pine Sol in a spray bottle. Spray this mixture a couple of times throughout your home will give a positive response from any potential buyer.
The bigger the house, the more money you can expect to get. There’s not much you can do to make an empty house look bigger, however, if you are showing your house while still living in it, then there are a few tricks to make your rooms appear larger than they are.
Prospective buyers like to imagine what a house will look like with their furniture in it, so having your personal affects around will help with this. Keeping a tidy home when selling is common knowledge, but try keeping most of your stuff organized and out of sight. This reduces the clutter and allows for more open area to be seen.
Moving furniture against walls will also open the floor space up. If you have a flat screen TV, consider spending the money to mount it on the wall. TVs and the stands they sit on take up a lot of dead space. Mounting a TV can add at least 15 square feet of floor space. This can mean a lot, especially to a buyer with a family.
Some people decide that having a yard sale would help clear out a bunch of possessions before moving. This is a good idea, but may not be the answer to freeing yourself of your worldly possessions. If holding a yard sale turns out not to be as successful as you anticipated, and throwing away this stuff is not an option, then you can look into renting storage space.
While renting storage space is not a very common practice when selling a home, it does have several benefits. Moving what you can into storage forces you to prepare for your actual move sooner and not wait until the last minute to do so. Also, clearing out extra items that you can do without for a while will open up rooms, closets, and garages.
A garage is a common place that homeowners decide to use for storage. So having a clean garage will help improve a buyer’s offer. The same goes for closets. How much stuff do you have in your closets that haven’t been opened since you moved in? Put these items in storage if you think you can’t part with them. Closet space is a big factor when it comes to buying a home. A well organized and free of clutter closet will show a buyer exactly how much space there is.
Walls and Floors
Everybody has been given the advice to repaint walls and replace the carpet in a home they are about to sell. You won’t be given the same old suggestions here, but you will be asked to consider taking this advice to the next level.
A fresh coat of paint is an easy and relatively inexpensive way to give your house a new look, but a buyer will be expecting this. As long as the aroma of freshly painted walls can be detected throughout the house, why not use a two-toned colour scheme? Using two different types of colour on your walls takes a little more experience than simply repainting a room with one colour. This will show a buyer that you put a little more effort into the sale of your home and they may possibly believe that you hired a professional painter to make this happen.
Replacing your carpet is one way to add value, but everyone knows this trick and clean floors is expected by most home buyers. The way to take this approach to a new level is by changing the type of floor you currently have. If replacing the carpet is something you already plan on doing anyway, then why not upgrading to a better floor type? If your floor currently has tile, then replace it with carpet. If carpet is the material being replaced, then go with a wood floor. The added value that a new floor type will bring will normally pay for the replacement and perhaps more.
Driveways and Garages
This is an area of your property that is usually overlooked. If there are oil spots or other stains left from your vehicle or outside activities, then take to time to clean them off. The easiest way to accomplish this is by using a pressure washer. These are fairly common pieces of equipment, but if you don’t know anyone who has one to borrow from, then check with your local hardware store. Hardware stores usually have construction equipment such as this for rent at a reasonable price.
If rental prices are too expensive for you, then take a look down the aisle with washers for sale. Pressure washer prices have become very reasonable over the years and a homeowner can find many uses for owning one of their own. For instance, they are useful when washing cars, cleaning off the siding to a home, and maintaining BBQ grills. There are more uses, but these seem to be the most common.
Wood staining is the last idea that someone would consider when trying to improve the value of their home. It is a skill that many have never attempted, but is actually very easy to do. The time involved may take a while, but the results are well worth the wait. A few of the items which can be stained are kitchen cabinets, doors, closets, door frames, base boards, and window frames. Considering almost everywhere you look in a home has areas that can be stained, the new and fresh look may just be worth your time to think about.