Spring is a peak time in the real estate market. If you’re selling your home, having a few months to prepare can make the difference in how appealing it is to potential buyers and quickly your home sells. Here are some valuable suggestions on steps to take to ensure your home sells for the price you want.
Plan A Home Inspection
When you’re selling your home, it’s a good idea to have an inspection done for any potential issues before you place it on the market. If problems are uncovered once you list your home, it could take longer to sell and cost you more money to make necessary improvements.
Research Homes For Sale
One of the biggest decisions is whether to sell your home or buy another home first. Research home prices in the area in which you plan to move. A realtor can assist you with market prices and how fast homes are selling in your region, so you’ll have an approximate idea of how long it will take you to find a new home. A realtor can help you with the financing during the transition phase of the sale.
Talk To Several Realtors
You should interview different realtors to find out what they can offer in your price range. Don’t automatically choose the realtor that says they’ll sell your home faster than anyone else. The realtor should provide you with a market analysis and be familiar with the local area in which you plan to buy your next home.
Early Spring Cleaning
Everyone has items that clutter their home. Before your house goes on the market, do a thorough cleaning and get rid of the clutter. Potential owners want to envision themselves living in your home and don’t want to see your family photographs or children’s art projects and toys scattered around the house. Put away kitchen items you use everyday when you’re having a showing.
Make Improvements To Your Home
Expensive renovations to your home isn’t always an option, but aesthetic improvements will make your home appealing to buyers. Give interior walls a fresh coat of paint. Replacing old light fixtures and ceiling fans or replacing bathroom fixtures and grout will give your home a new appearance.
You could find local contractors who don’t charge a lot to make cosmetic improvements such as painting kitchen cabinets or refinishing floors to spruce up the interior. Determine what your budget must be to make the necessary improvements and how much time will be needed to get everything done.
Packing months before your home goes on the market may not sound feasible, but it’s a good time to go through your attic and basement and give away or sell items you won’t need. Items you won’t need right away can be packed and put aside.
Put items aside to host a Spring sale as the time gets closer for you to move. Packing away unnecessary items give your home a larger appearance, and potential buyers can determine where they want to place furniture when they move in.
Make Your Home Sparkling Clean
Make sure everything inside and out is clean and sparkling. Furniture should be polished, floors should be clean, and carpeting should smell fresh. Before you put your home on the market, have a cleaning company come in to give your home a thorough cleaning and have your carpets professionally cleaned.
Return On Your Investment
You probably don’t want to spend a lot making home improvements before you sell, but making upgrades can give you the most ROI. For example, if your floors are vinyl tile, you may upgrade to laminate or hardwood floors. Older appliances can be upgraded to newer, more energy efficient brands. Replacing older appliances with stainless steel models are a plus. Wood-grained counter tops can be replaced with granite or quartz.
Check Out Homes in Your Area
When you’re selling your home, a little homework goes a long way. Look at listings in your area. Find out how long the homes have been on the market. Look at houses in a similar price range with amenities that match your home. Researching the local market will give you an idea of what upgrades you need to make to your home and what your asking price should be.
Curb Appeal is Essential
Some buyers decide whether or not they like your home when they see it for the first time. Mulch your plant beds, trim excess growth from shrubs and trees, make sure your lawn is manicured, and make sure the exterior of your home looks welcoming. Small touches like painting the trim and front door or potted plants on your front porch can give it the “wow” factor.
Although you may have to spend money for a Spring sale of your home, by making necessary improvements, you’re more likely to get a good return on your biggest investment.