Some things to keep in mind when putting your home
on the market.
What are the two most important rooms in your
house (from a buyer's point of view)?
Should you spend a lot of money on re-modeling
before putting your home on the market?
The answers are given later.
As a seller, what you want to do is put yourself
in the shoes of a potential buyer. It's important
for you to see your house through the eyes of someone
looking at it for the first time. The best way to
do that is ask a friend or neighbour to come over
and take a look at your home as if they were in
the market. Many times, they will be able to suggest
improvements that you would miss.
A good first impression is important. A house's
''curb appeal'' is how it looks to someone driving
up to it for the first time. That's why it's a important
to have the landscaping and outside of the home
in good condition. Clear up the clutter in front
of the house. Make sure your lawn is mowed and the
bushes are trimmed. If a buyer's first impression
is favourable, they will want to look further. If
their first impression is not so favourable, this
will influence how they see everything else about
· What can you do to make your house as desirable
First we'll start with the simple things:
As stated, keep the lawn mowed and the yard free
Keep the walkways and steps free of ice, snow, toys
and leaves. Turn your porch lights on when showing
your home in the evenings. Try to avoid having strong
odours in your house - fresh baked cookies however,
would be great!
Do not smoke - if possible try to do your smoking
outside during the entire time that your home is
on the market. You could actually loose a sale to
Keep the drapes and blinds open. Let as much light
into the rooms as possible.
Have flowers and greenery throughout the house.
Keep the temperature at a comfortable setting.
Have the fireplace on if it's a cold day.
Turn the television off and have soft music playing.
If possible, keep the kids and pets outside.
Clean your bathrooms and kitchen. Don't leave dirty
Keep your closets free of clutter.
Clean those easy-to-forget rooms like the garage,
attic, basement, work area.
No dirty windows or mirrors.
The floors should be scrubbed and the carpets vacuumed.
And finally, don't interfere with the real estate
agent showing your home. They know what to point
out to the buyers.
OTHER THINGS THAT YOU CAN DO TO INCREASE THE APPEAL
OF YOUR HOME:
it is needed, paint both the inside and outside
of the house. It's best to use neutral colours.
Fill the holes and cracks on the walls and ceilings.
Replace your old wallpaper if it is in bad shape.
Otherwise, just make sure the walls are clean.
Remove the stains in the sinks and the tubs.
Replace the tile in your bath and kitchen if needed.
However, most of the time, a good mildew remover
and some grout will take care of unsightly tile.
Have your carpet cleaned.
Go around the house and tighten or replace missing
door and cabinet handles.
If doors are hard to open and shut or they squeak,
lubricate them. (Soap can actually work as a lubricant
on drawers and doors.)
This is the time to have those cracked windows fixed.
You can have the glass replaced at your local hardware
store or glass shop. It's not as expensive as replacing
the entire window.
Also, fix those leaky faucets and make sure the
drains in your tub and sinks are not clogged.
If your hot water heater or furnace needs replacing,
do it. Add the cost into the price of your home.
New buyers don't want the hassle right after moving
in. This would also give them the option of financing
the added cost - something they couldn't do after
Make the necessary repairs to your roof if it leaks.
If there are watermarks on walls or ceiling, cover
them with a coat of paint after you make the repairs.
NOTE: You must tell the buyers about material
defects on a property that would not be apparent
during a routine investigation.
Check the fence on your property. Repair and paint
it if necessary.
How about those cracks in your driveway? If it's
blacktop, have it resealed.
NOW FOR THE ANSWERS TO THOSE QUESTIONS:
What are the two most important rooms to a buyer?
Number 1 is the kitchen and number 2 is the bathroom(s).
This is why it's important to have both of these
rooms in top condition. Make sure your stove, refrigerator,
dishwasher, and garbage disposal are in good working
order. Replace the floor and the tile on the walls
- or at least make sure they look new. If your cabinets
are in bad shape, get them fixed. Replacing them
may or may not be cost effective.
(See the answer to the next question.)
For the bathroom: replace the shower curtain, clean
the tile around the tub (grout if necessary), make
sure there are no odours. Keep clean towels hanging.
Should you remodel?
For the most part, major re-modeling will not be
cost effective. In other words, you will probably
not make back all of the money you put into it.
The exception may be kitchen re-modeling (in the
$3,000 to $8,000 range). Here you may actually,
see a 'profit' for your efforts.
The next closest would be a bath addition ($10,000
to $12,000) and major kitchen re-modeling ($15,000
to $30,000). Studies have shown that these two may
not have a pay back of 100%, but they could be close.
Of course, the more you spend, the least likely
you'll be to make it up in price. This is especially
true if these additional costs put your house way
above the average price in your area. However, if
selling your house fast is very important, any re-modeling
will help. Homebuyers would rather see the home
improvements than be told how much potential the
Other re-modeling efforts that will probably not
bring you a return on your investment: bath re-modeling,
family room addition, master bedroom suite, attic
bedroom, a new deck, replacing your windows, replacing
your siding, and adding a sun room. If you want
to do these things, make sure you're going to be
in your home long enough to enjoy them. Otherwise,
leave them for the next owner.
Estate Made Real E-Zee for You!
(zdravko) Dimov, RRS
RE/MAX Ultimate Realty Inc.
Real Estate Made Real E-Zee for You!
is not intended to solicit clients or properties
currently under contract