Speed Up Your Home Sale with These Fast Fix-ups
Small expenditures of money or time on carefully targeted projects can improve your chances of selling quickly -- and ensure you get the best price possible.
By Liz Pulliam Weston
You don?t have to spend a fortune renovating your house to ensure a quick sale at the best price. Some of the most effective fix-ups are also the cheapest.
Spending just $400 to $500 on fresh landscaping, for example, can boost your home?s value by $1,600 to $1,800, according to a survey of real estate agents conducted by HomeGain, an Internet real estate service. Spend another $300 on cleaning and de-cluttering your home, the survey found, and you could add another $2,000 or more to the sale price.
To pinpoint the projects that make the most sense, start by touring your property with fresh eyes, as if you were a prospective buyer. Drive or walk up to your house and see how it appears from the street. Walk through the front door and take a look around. You might ask a trusted friend to help you spot problems, clutter and weird smells that you?ve long since stopped noticing. Keep a pen and pad handy to list the projects that need to be done.
On the Outside
Here are some suggestions for the exterior of your home:
On the Inside
Once inside, inspect your floors, your walls, your kitchen, your bathrooms and your closets -- because your buyers will. Here?s what to tackle:
Beware the Big Projects
What about bigger projects, such as a kitchen update, a new roof or upgrades to an electrical system? Generally, you won?t get your money?s worth from these projects, but here?s what you should consider:
Consider a Pre-sale Inspection.
Hiring your own inspector before you put your home on the market can alert you to problems you didn?t know about, giving you a chance to fix them before they complicate -- or ruin -- a potential sale. If the repairs are expensive, you may face the same difficult choice described above. But that?s better than being surprised once your home is in escrow.