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How Much to Spend When Preparing Your Home for Sale

Let’s get started and let’s get started with the MONEY! So, prior to putting your home on the market, I would suggest that you do the following 5 items:  

  1. Make a plan. Take some time to make a plan, and a budget on how much you want to  spend on the repairs of your home. This will help keep you on track to achieving your goal of netting more money when your house is on the market.
  2. You can spend as low as $200, or as high as $10,000. This is a rough estimate on  what needs to get done. Some things to help spruce up your home is; look outside at the landscaping, see what needs to be done- add a pop of color to your landscaping(you only get one time to make a first impression), you  can paint the walls a neutral color, or have an accent wall in some of the  rooms. Go around your house, with the eye of a visitor with the intent to see what you can do to make your home  inviting. Painting rooms an off-white color will give it a fresh palette for potential  buyers to entice them to picture themselves living there. This is a way that can help increase the value  of your home. 
  3. Another thing you might as easily do is change the lighting, or put light bulbs in some of the  rooms that you’re not using. This will brighten up your rooms. You may change the doorknobs, also. These are ways that are cost  efficient and can help give a different look to the room. 
  4. Next step is to get a fresh set of eyes to give you feedback on the improvements that you’ve done. The reason  for this is that you can receive feedback on how a potential will see your house. Once you get this unbiased information you can follow it up with tip#5.
  5. I would suggest speaking and calling up a ‘full-time real estate agent’ to come into  your home and give you a consultation. You should get an idea of what the current market conditions are, how houses  are selling in your area,  how the market is  trending, and what improvements can help put more money in  your pocket when you go to sell your home. This road map will lead to a smooth and quick sale for top dollar!

So, these minor improvements just take nominal effort on your part. Remember to:  

  • Start early by planning on what improvements you want to do. 
  • Create a budget. 
  • Speak with a full-time Real Estate Agent to help you put more money in your pocket and help you with your budget. 
  • See if it may be a good idea to replace or redo the kitchen; this will depend on what your  total budget is. 

Take the time to do this, and I’m sure you’ll get more money for your home when you go to sell your house!  

 

Want to watch videos to help you get a better understanding of selling your home. Check out my YouTube channel

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