Renovations can be a great way to improve the value of your home before selling. We've discussed the benefits of hiring a licensed contractor for the bigger projects but you can also do some things yourself and save money. Here are a few of both that you may want to consider before listing your property.
1. Kitchen Upgrades- There's nothing like walking into a kitchen with new appliances. Spending a few thousand dollars will pay back when the buyers happily walk into a kitchen with a clean, up to date oven, stove and refrigerator.
2. Small Things- Grab a few gallons of paint and give your front door a fresh coat. While you're at it, place a few potted plants next to the front door. You can also stop by your local garden shop and pick out some plants and flowers to add to the front yard.
3. Market Trends- Watch for clues with homebuyers. What is popular in home design? Open kitchens, modern bathrooms, tiled floors? Keep an eye out for what's in demand and apply and/or enhance those areas.
4. Stay Neutral- Some people enjoy bright colors in their living space but this can be done with accents. If you're looking to freshen up the walls, stick to white, beige and sand tones. Don't overdo it with brightly painted rooms and accent walls. The new owner can take care of that after escrow. You're better off appealing to a wider group of people by staying with neutral colors.
5. Neighborhood- What's happening in your neighborhood? Are there other homes on the market, any recently sold? Your real estate agent is a helpful tool to get your home sold.
6. Don't Go Overboard- If you're not knowing what to do or how to do it, ask for help. There are many experienced contractors that are able to give advice. Just be sure they are licensed and ask for recommendations from friends and family for reputable sources.
7. DIY- For the smaller changes and upgrades, do it yourself. If you need to freshen up the paint on a few rooms or add some shelving, take a look at some magazines or online and get to work! It can be fun learning new things and feeling the sense of accomplishment doing a job yourself.
Getting your home ready to sell can take some time and energy but with the right tools and tips, you can be well on your way to a home in escrow!