By Brooke Chaplan
If you've decided to place your home on the market, you likely want it to sell as quickly as possible. Partially, this is for your own convenience. More importantly, though, the longer that a house sits on the market, the lower its final price tends to be. Therefore, before you list your home, you need to be sure it's ready to attract as much attention as possible.
Related: Sell Homes Faster With a Home Stager On Your Team
One great way to do this is by making strategic renovations to various areas around your home. You want to be sure you're making the most of your remodeling budget to ensure it results in the biggest payoff. To help you come out ahead, here are three renovations that can help you sell your home faster:
Kitchen
A dated kitchen is one of the biggest turnoffs for potential homebuyers. A kitchen that's been renovated using quality materials often draws people in and causes them to overlook other potential flaws. Therefore, a kitchen renovation can be a great investment to make before you sell your home.
Quality finishes in the kitchen are crucial, as many buyers at all price points are looking for granite countertops (or something similar) and tile backsplashes. The cabinets should also be of decent quality and a neutral color that appeals to a wide range of people.
Roof
Since a roof is rarely seen except when you're coming and going, it might not seem like the best place to spend your renovation dollars; however, if you can state on your home's listing that the roof was recently replaced, you may gain more interest, potentially helping you to sell your home more quickly.
Be sure that the roofers you choose do a good job of sealing the roof cap and any protrusions, as you certainly don't want the next homeowners to be left with a leaky roof. Also, make sure that the color of the shingles matches the character of the home so buyers aren't turned off the moment they approach your house.
Bathroom
Moving back inside, a bathroom renovation is a great way to maximize the effectiveness of your remodeling budget. After all, no one wants to feel like they're living in someone else's grime.
A bathroom is one area where you can have a little fun with the renovation, adding unique features such as a tile tub surround or a designer light fixture that'll help your home stand out from others in your area. Again, quality installation is important here, as you don't want to put the future homeowners at risk of a major water leak.
Renovations can go a long way toward helping your home sell more quickly. Remember, it's important that you are disciplined in how you spend money on remodeling to be absolutely sure that you don't end up spending more than you get out of your home when you sell it.
Brooke Chaplan is a freelance writer and blogger. She lives and works out of her home in Los Lunas, N.M. She recommends looking up roofers in your area. She loves the outdoors and spends most of her time hiking, biking and gardening. For more information, contact Chaplan via Facebook at facebook.com/brooke.chaplan or Twitter @BrookeChaplan.
One obvious reason that these three renovations will help is that they are all perceived by potential buyers as big-ticket items – and ones they either can’t or don’t want to deal with. Here in NorCal, we still see new paint and carpet as making a big difference, too. Nothing will accentuate these top three like new paint and carpet.
I got such a good information on this topic it’s very interesting one. Thanks for sharing the best posts.I am very satisfied with your site and your posts they amazing. You made a good site it’s very interesting one
I’m sorry, but there are very few renovations that yield a return ON INVESTMENT. The very best ones return 100% OF THE INVESTMENT, aka, ZERO profit. Paint, carpet, sprucing up the outside will always help. But any major renovations are going to lose the seller time and money in most cases. The fact that so many people conflate return on investment with return of investment causes sellers to over-spend.
I really appreciate you for publishing this blog here about renovations sell faster; it’s really a helpful and very useful for us. This is really appreciated that you have presented this data over here, I love all the information shared. Great article!
I totally agree with you on this.
Good for anyone to consider when they are getting to list there home.
Outstanding post on home renovation. Thanks for inscription and sharing this post with us.