Selling a house is often saddening and daunting, given the emotional attachments and memories that the living space has captured. But sometimes, times are tough and selling your house is the only option. People often feel overwhelmed by the rut that comes with selling their houses. So what should you do, and how do you approach the whole process of giving up that house? Below are a few small investments for you to check off!
First up is cleaning and decluttering. You have made that house your home with your belongings and shenanigans. More so, your memories and moments. Now, it is time for a takeover! A new set of people with a unique perspective and way of living will occupy your space.
Begin by giving a thorough and detailed clean to every room, nook and corner, ceiling and wall that makes that house your home. By doing so, you will discover quite a lot of piled up clutter. Get rid of this instantly! Next up, you might come across stashed up family photos and other personal items, such as an archaic and aged family heirloom. These hold sentimental value to your family. So take them aside and preserve them in a safe space. The cleanup has now depersonalized your residence.
Next up is a rearrangement of the furniture and fixtures. Your home should look inviting and welcoming for the new occupants. Free up some space for them to stroll around freely. If need be, put the bulky and hefty items in storage. Get rid of the crowd of clutter!
Curb appeal measures the attractiveness of your property and its surroundings when viewed by bystanders and onlookers from the street. Think of this as an augmented aspect, if you may. Selling a house requires a good first impression, even more so if you are selling it quickly. The very first thing that a prospective buyer sees is the exterior of your home. That is, how your home fits into the surrounding neighbourhood. Below are a few ways that you can enhance curb appeal.
Paint the front door of your residence
Plant some flowers; have a garden bed if possible
Sweep away spider webs and cobs, and debris from your windows and porches
Wash and clean up your windows
Nicely manicure your trees, shrubs and the lawn
Keep in mind that a tidy and clean exterior not only looks aesthetically pleasing but also signals to prospects that you are a good caretaker of your residence and its surroundings.
While fixing up your home will give you an upper hand and that competitive edge, do remember to weigh the costs and expenses of the improvements against your home market value. As an informed seller, do your due diligence! You must assess the value of your residence after the repairs and upgrades to know if they are worth your time and money. Improvements that do not translate into a good return on investment (ROI) are unwarranted. So disregard them! Not many are aware that kitchens and baths carry the highest returns. So, before going to the roof or installing skylights, take care of them first.
Other improvements that can render a high ROI are:
Replacement of the siding with fibre-cement or vinyl
Replacing your windows
Addition of a deck
Adding a steel front door
As a precaution, do consider touring other homes in the neighbourhood with your agent. You will get to see, first-hand, the conditions and the amenities that reside in them. Also, you can compare the homes on other parameters such as upgraded kitchens, for instance. You need not go overboard with swanky and designer appliances. Minor remodelling of your kitchen shall suffice. Sometimes even installing modern hardware can give your kitchen a captivating appeal.
When getting to the repairs, keep a note of everything deemed defective, broken or worn out. The buyers might fancy a check to spot any problems or malfunctioning as they tour across your residence. You may lack the time for any significant renovations, so attend to quick repairs. Some easy fixes that you can consider are:
Inspecting and fixing up any loose tiles
Tightening any leaky faucets
Give a polish and finishing paint
Take care of your doorknobs and handles; tighten them if need be
Get rid of any carpet stains
At the minimum, you must look at patching and fixing holes and cracks in the walls and ceilings. Even get by with fixing broken appliances and HVAC systems.
If your finances allow for more, you can also consider replacing broken window glass and repairing the roof, if necessary. Also, you can change dated light fixtures or ceiling fans, worn or stained carpeting. If there are any code violations, get them fixed. Any serious buyer will inspect your home for such details.
A stager helps you showcase the best assets of your home to impress potential buyers. These items are sold for the best possible price. So, if there are priceless artworks or furniture that you no longer need or that the new occupants would not require, you can consider selling them at the best possible price. Note that the staging process is complex and cumbersome. It is by no measure an easy feat. But, there are merits of subscribing to staging. As per the National Association of Realtors, staged homes sell about 88 per cent faster than their non-staged counterparts and for 20 per cent more too.
If you are pressed for time or funds, then go for that first impression. You can set it up by doing trivial tasks such as tidying your yard and, if possible, adding a fresh coat of paint. Bear in mind that empty homes don't need as much work as furnished rooms, but on the other hand, rusty or battered furniture can downgrade the appeal.