Do These 5 Home Improvements to Make Your Home Sell
Its tax season and like 8 out of 10 Americans
, you are probably going to be getting back a moderate amount of money ($2,800 according to CNN Money
) as a tax refund.
And if you are like most of us, you might be thinking of paying down some bills (always a good thing) or buying some big-ticket item like a vacation or cruise.
But if you are thinking about selling your home in the next few months or so, you might want to consider using your tax refund to make some quick home improvements.
By using your tax refund for minor repairs and quick improvements, you can increase the overall value of your property but also make easier for you to get top dollar when listing your home for sale.
Below are five suggested ways for you to get started using your refund windfall on home improvements to get your home ready to be put on the market.
A New Coat of Paint – Paint is one of the most inexpensive yet best ways to improve the way your home looks and get it ready to list in the marketplace.
Over time, all paint dulls and loses it luster.
So you will probably be amazed at how fresh and nice-looking a living room or bathroom can appear with a new coat of paint on the walls.
In the used car industry, vehicles for sale are often spruced up using hot colors fondly nicknamed “Resale Red”. The idea goes that the brighter the color, the bigger the sale price.
This is opposite is true when selling a home.
The key to success in this instance is to use neutral or classic color schemes. All too often homeowners paint rooms to match their own personal tastes.
This can be a big mistake, because you want other people to be able to see themselves living in those rooms, not the other way around.
Increase Curb Appeal with Doors – Painting your front or back door in a eye-popping color is also a great way to improve a home’s curb appeal.
Here in Asheville, often house hunters will fall in love with a home simply because it has a red door and it stands out in their minds when compared to the other homes they might have seen.
Also a fresh coat of paint on a door (both outside and in) hides scuff marks and pet scratches from the dog or cat!
Many people think that a red door is lucky, so don’t be afraid to use a pop of color on your exterior doors to give yourself all the luck you can when trying to sell your home!
Pressure Wash Your Home – Over time, any type of exterior gets dingy, but a pressure washer treatment can quickly restore your home to its former beauty.
Give your home a face-lift by cleaning up your exterior walls before you put it on the market.
Pressure washing the outside of a home is another way to increase the curb appeal when you put your house on the market. You may have lived in your house so long that you have actually forgotten what the siding color really looks like!
However, using a pressure washer incorrectly can damage a home exterior, so if you’ve never used this type of equipment before, you should take the time to practice with it or hire a professional.
And in either case, you should not pressure wash your home if you think it's been painted with lead paint. (Typically, these are homes that were painted before 1978. If you’re not sure, you can buy a test kit or have it checked out by a professional).
Fix Wood Flooring – We all know about the “carpet and cover it up” syndrome where harried homeowners simply install new carpet over worn wood floors rather than having them refinished.
But refinishing your hardwoods is another great way to make your home look its best. For many people nicely polished wood flooring adds character to a home and brings out its uniqueness – and they are willing to pay top dollar to have them.
If you want you can always do this yourself or you are rushed you may want to choose to hire someone to do it for you. Either way, refinishing your hardwoods is a great home improvement idea that will help sell your house fast!
Get a New Roof – Getting a new roof (roof replacement) for your house might seem like a huge expense and we admit that a new roof may not be as fun a other improvements you could make but it is a much smarter investment.
The roof of any house makes up the largest visible space on your home's exterior. This means it is one the first places people's eyes are drawn to. A stylish upgrade can dramatically boost any home's curb appeal.
Plus a new roof is always a major selling point could help your list agent sell your home faster and for possibly a higher price.
And according to a report released from Remodeling Magazine,
you can recoup 71.6% of the cost of roof replacement when you sell.
We hope that this article has given you some ideas on how you can invest your tax refund to improve your home's value.
But if you have any other questions about what you can do to improve it before you sell
and how to list your home for sale
, then we invite you to contact our Asheville home listing specialist, Skye Streppa
, at 828.210.1684 or by email TeamStreppa@gmail.com.