Preparing Your Home For Sale

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The Spring Real Estate market is in full swing! If you’ve been thinking of listing your home, or even just doing some updates, these are the ones that will pay off the most and give you the biggest return on investment.

According to Realtor.com, curb appeal projects add to the overall value of the house more than interior projects. The top curb appeal project? New garage doors, where you can expect to recoup 97.5% of the money spent. After that, the next two are manufactured stone veneer and a wood deck. The reason that these types of projects top the list is because the outside of your home, especially the front, is something everyone will notice, as it’s the first thing they see. Curb appeal is very important and these numbers support that idea. Check out last month’s blog post for more curb appeal tips!

Maintenance items also top the list. Things like new siding, roofing, HVAC, and smaller items such as replacing leaky faucets or ripped screens, are even more important than a fancy new kitchen (even though that is nice as well!). Buyers want to make sure that the home they are looking at is sound, with everything in working order. They don’t want to worry about the important systems failing after they move in, so it is better to take care of everything beforehand and give potential buyers peace of mind.


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As for interior projects, a minor kitchen remodel is the way to go with a return of about 80.5%. A minor remodel is when your space needs a cosmetic update. Instead of creating an entire new kitchen space, minor remodels focus on upgrading what is already there. Things like refacing cabinets and changing dated hardware, installing a new sink and fixtures, and new lighting fall into this category. A basic kitchen remodel gives the outward appearance of a complete overhaul without the added price tag.

Other updates that we often recommend during staging consultations are changing dated light fixtures and freshening up paint (choose a neutral color like a light gray). These smaller projects can often be done yourself, and can have a big impact. What projects are on your to-do list?

Shop Small Saturday: Minted Spaces

     That's right! This week I'm featuring my own company. The reasoning is two-fold. First off, it's wedding week for us. I simply lost track of time and didn't line anyone else up. Hint hint wink wink, if you want to be featured, please contact me! Secondly, something pretty cool happened last week and it was a testament to why you should be hiring local small companies when trying to sell your house. 

 

 

      We staged a home in North Raleigh a couple of weeks ago. It had been vacant while on the market for 55 days before the realtor and home owner decided to invest in home staging. It is a seller's market here in the Triangle! At least that's what all the realtors are shouting from the rooftops. And it is true! So then why should a house sit on the market for 55 days? 

 

 

     The answer? Without furnishings, it can be difficult for a viewer to tell which room is what. Even I as a home stager had the blue prints of this particular home sent to me because I could not tell from the listing which was the living room and which was the dining room. That's a problem! Most potential buyers are not going to go through that much trouble. Especially if the next home they look at online is beautifully laid out and furnished.

 

 

     Ok, so it's day 55 and we come in and stage it. Keep in mind that I typically do minimal staging as I largely work with those on a budget. It really is a sellers market and homes don't need too much. Mostly viewers just need to be able to tell what a room is used for and how their furniture may fit in a space.

 

 

   On day 60 I get an email stating that they are under contract! I'm sure the homeowner is glad they decided to invest in staging for a couple of weeks rather than a price cut! Moral of the story? Home staging works and can still be necessary even in a sellers market. I absolutely love stories like these, almost as much as I love saving my clients from a price cut!  

 

    We have more projects on the docks! I'm excited to see some more great results!