Preparing Your Home for Sale: Why Making Strategic Updates Can Maximize Your Return
If you’re considering selling your home, it’s important to know that buyers are out there and willing to meet today’s high prices. However, they have high expectations for move-in-ready homes.
““Buyers are still out there and they’re willing to pay today’s high prices, but only if the house is in really good shape. They don’t want to spend extra money on paint or new appliances.””
Given the steep prices in the current market, many buyers may not have the budget for additional upgrades after moving in. This means that if your home is outdated or requires significant work, potential buyers might either pass it over or offer a lower price than you anticipated.
Many homes are reaching their prime remodel years, typically between 20 and 39 years old. The number of homes in this category is substantial and rising. If your home falls into this range, making selective updates could be crucial to attracting buyers and selling your property quickly.
Why you need a Real Estate Agent:
When considering upgrades, partnering with a local real estate agent can help you make informed decisions. Not all home improvements offer a high return on investment. Before you spend money on costly upgrades, be sure the changes you make will have a high return on investment. It doesn’t make sense to install new granite countertops, for example, if you only stand to break even on them, or even lose money.
A knowledgeable real estate agent can guide you on what changes will appeal to local buyers and offer the best value for your money. They understand the local market and can help you prioritize which updates will make your home more attractive and increase its value.
Successfully selling your home today requires more than just listing it for sale.
Ensuring that it is in excellent condition to meet buyer expectations is key to achieving a favorable sale. By making strategic improvements and working with a local real estate agent, you can enhance your home’s appeal and secure the best return on your investment.
Need help?
Contact me today to start your journey toward making meaningful home updates that get you return on investment.
Jill Beckett-Hill
Office: 614-457-4000 ext. 116
Mobile: 614-563-9819
Email: jill@beckettrg.com