As stagers, we have the opportunity of seeing a vast variety of homes for sale in various states of condition. That stated, we at BlueGrape are often asked by Sellers what they might be able to do aesthetically to make their home appeal to more buyers and sell it faster. The amount of information on the web concerning this very subject can be contradictory and confusing, often suggesting major a major investment. To sum it up, in our experience working with sellers, unless the home is in almost inhabitable condition, these three items are worth the time and money spent on home improvements to sell:
You can expect to recoup anywhere from 60% to 120% of your investment by remodeling your kitchen. However, although buyers prefer an updated kitchen, don’t go overboard. Be sure not to make your kitchen more elaborate than the rest of the house, or too fancy for the neighborhood. Often merely a coat of paint on old, stained cabinets or upgrading the countertops can make a dated kitchen look updated and on trend.
As is the case with the kitchen, your bathroom remodel should be at the top of the list. Once again, use common sense and keep the bathroom remodel restrained and aesthetically in harmony with the style of your home. If your home has only one bathroom and you have room for an addition, definitely invest in adding one. Paint or replace old cabinetry, removed tired shelving and clean the tile. If you have an outdated or colored toilet and vanity, definitely replace them with standard white. It is an inexpensive alteration that can pay you back greatly. On average sellers recoup anywhere from 80% to 130% of cost by adding a bathroom.
Backyard Deck, Adding or Upgrading
If your backyard and deck is appealing, the entire house generally will be more appealing to buyers. Staging with beautiful outdoor seating can help, but if your existing deck is in poor or outdated shape, definitely make the small investment to either have it repaired or replaced. If you don’t have a deck but have space to add one, you can plan to recoup from 65% to 90% of your investment. A simple trick to upgrade a bland deck and make it more upscale is to add a pergola. That little subtle sophistication will appeal to buyers and help make your home that much more desirable.
These few simple tricks that you can often do yourself if you’re handy won’t break the bank and will pay you back in the long run. In fact, in many cases the home will actually go over the asking price. Now, get to work!