Certain projects tend to have a higher payoff than others.
If you are planning to update or repair parts of your home, it is important to realize that certain projects tend to have a higher payoff than others, especially if you plan to sell your home at some point in the future. While that outdoor shower might seem like a dream to you, it is likely that your potential buyers will not appreciate your tastes. The same can be said for major aesthetic changes to the inside, such as painting your walls neon pink or installing a lime-green carpet.
It is important to keep your updates and repairs in line with what the general buyer will pay for, especially if you plan to sell your house in the future. Choosing the correct projects can not only help you make your money back after selling your home but also turn a profit and have a big payoff.
Here are some of the top projects that can boost the value of your home:
If you can’t get potential buyers into a home, how do you ever expect them to buy your house? While curb appeal might have little practical use, it is extremely important when it comes to selling your home and maximizing profit. Your home should look like something out of a picture when they pull up. For example, your landscaping should be tasteful and trimmed; your lawn should be cut and your house should be clean. It is absolutely possible to sell your house to them before they even get into the front door if you approach curb appeal correctly and give it the amount of importance it deserves.
Replace the Front Door and Windows
This fits in with increasing curb appeal, but is so important that it deserves its own mention. Windows and doors are the most overlooked part of the house but can have a huge impact on potential buyers. Having new windows can reel the buyer in and help them get over any apprehension they might have for purchasing your home. Plus, you might have to replace them before potential buyers agree to purchase it anyway. However, Time explains a number of important things you should keep in mind when getting new windows. Firstly, not all windows are the same. Aesthetics is important. You should try to get your new windows as close to the originals as possible.
Apply New Paint
Scruffs, scraps, and discoloration are common on painted walls over time. After all, you are living in your home; you can’t expect the paint on the walls not to get damaged as you go about your day-to-day life. Potential buyers, though, will not appreciate walls that are obviously not freshly painted or are painted a color that does not match their aesthetic. Paint color is important. You shouldn’t settle for whatever paint is on clearance and probably should not purchase an outrageous color that is only going to match the aesthetic of a very small group of people. Instead, choose a neutral color such as shades of gray and brown. Light, subtle blues are also good choices.
Stage Your Home
You want buyers to fall in love with the space inside your home after being wooed by the outside. However, even if you’ve done all the right updates, your house could easily fall flat if you don’t stage your home correctly. Having the wrong details can throw the whole room off and make your house feel average at best. Staging can have a lot of steps and be overwhelming, but it is actually a lot easier than you might think. Simply keeping your home clean can go a long way.
Projects are a wonderful way to sell your home quickly and for top dollar without spending much money.