Repairs
and Improvements to make before you put
your home on the market
Suggestion
I:
The
top remodeling jobs in terms of "Return
on Investment" are adding bathrooms,
garages, family rooms and kitchen remodeling.
These extras can bring a big payoff. Project
Possible / ROI
Bathrooms could add / 24 %
Water views command about / 8 %
Waterfront increases value about / 18
%
Golf Course about / 8 %
Cul-de-sacs could increase value by about
/ 1.5 %
Garages could add / 12.9 %
Tennis
courts could add / 3.1 %
Family rooms could add / 7.3 %
Separate dining could rooms add / 6.2
%
Security systems could add / 5.6 %
Utility/mud room could add / 1.1 %
In-ground pools could can add / 7.9 %
In-ground sprinkler systems could add
/ 8 %
Built in appliances and islands can add
/ 5.3% to 8.4 %
Suggestion
2:
After
you have made basic repairs, the task of
selling your home boils down to making the
house as clean, clutter-free and inviting
as possible. Now is the time to make cosmetic
improvements from rearranging furniture,
painting a dingy room or freshening up your
front entrance with flowers. The difficult
part will be keeping up appearances as long
as your house is for sale. Go through this
checklist as least every other day to make
sure you home is tidy.
Front
entrance
Clean doors and windows
Sweep sidewalk
Polish doorknob
Shake out doormat
Water container flowers (replace if necessary)
Clean doors and windows
Keep the lawn and landscaping trimmed
Entryway
Clean doors and windows
Mop floor, shake out rug, vacuum carpeting
Water container flowers or plants
Dust shelves or entry table
Tidy up closet
Living
room, Family room
Stow away newspapers, magazines, books,
games, toys, and videos
Straighten out coffee table, bookshelves,
and other areas
Mop floor or vacuum rugs
Vacuum upholstered furniture; wipe down
leather or vinyl
Dust surfaces (including TV screen)
Sweep fireplace
Wipe down ceiling fan blades
Water houseplants
Kitchen
Mop or vacuum floor
Clean appliances
Wipe countertops, cabinets
Clean sink
Stow away kitchen sponge and dish towels
Open windows or run fan to remove cooking
odors
Bathrooms
Wipe wet shower stalls and bathtubs
Mop floors
Put out fresh towels
Empty wastebaskets
Clean sinks, mirrors and faucets
Stow away laundry
Bedrooms
Make beds
Mop floors or vacuum rugs
Stow away shoes, laundry, clothes, books
or toys
Open curtains or shades
Tidy up closet
Home
Office
Straighten out desk and bookshelves
Stow away files
Mop Floor or vacuum rugs
Dust surfaces, including computer screen
Polish cabinets and woodwork
Basement
Clear clutter blocking access to furnace,
electrical box or laundry room
Sweep stairs
Suggestion
3
With very little effort, you can transform
an average house into an above-average property
that is sure to get second looks from buyers.
Follow these guidelines to make sure your
property stands out above the rest:
Pretend
you're the buyer
The more pleasing and memorable the experience
of viewing your home, the more likely
a buyer is to either make an offer on
the spot or return to see it again. Set
aside your emotional attachment and act
on your instincts. Warm up the decor if
it seems sterile. Trim your shrubbery
if it blocks a clear curbside view of
the house.
Include
a decorating allowance
A buyer who likes your house could be
put off by the amount of redecorating
it may require. Consider an allowance
for new carpeting or fresh paint. Or,
do it before the home goes on the market.
Offer
financial help
Aiding a buyer financially can be tricky,
but in the right circumstances (for example,
if you have a lot of equity), covering
closing costs or several months of mortgage
payments can make a deal happen.
Paint
inside and out
Fresh paint is the most cost-effective
and profitable improvement you can make,
even if your home doesn't need a new coat.
Paint the interior walls a neutral color
and the ceilings white to make rooms look
bigger.
New lights
Replace outdated fixtures. This inexpensive
improvement can update old decor that
might have discouraged buyers.
New flooring
Install new carpet, linoleum, or tile,
and refurbish hardwood floors if needed.
Choose a neutral color for new carpeting.
New flooring will increase the market
value of your home, while shabby floors
can kill a sale.
Planted
landscape
Attractive front and back yards boost
the value of any property. Mow the lawn,
trim shrubs, and plant new bedding flowers.
Clean up perennial beds. Plant some trees
if the yard is barren, especially in the
front parkway. Sweep the patio or deck
and decorate with potted plants and flowers.
Completed
repairs
Before listing your home for sale, make
all minor repairs and try to catch up
on maintenance. If you've deferred maintenance,
get a professional home inspection. If
the inspection reveals problems, make
the repairs before listing the home. If
you don't, the buyer will probably discount
the offer price for more than the cost
of repairs or replacement. (See more information
at the Preparing for the Home Inspection
link).
A
Clean Garage
If
you use your garage for storage, clean
it out and rent a storage space. Paint
the interior white. If your garage is
unfinished, install wallboard or build
storage shelves on the back wall. A clean
garage will help solidify a buyer's impression
of a home in move-in condition
A
final note: These ideas could be
the deciding factor in someone buying your
home vs. another home in your geographic
area or possibly on your street in a Buyers
Market
Suggestion 4
Cost
vs. Value:
Have you ever wondered if it is worth the
cost and hassle to remodel or add on? Will
you get your money back? According to MAR:
National
Recouped / Michigan
Recouped
Minor
Kitchen Remode Nationall 88 % Michigan 102
%
Two-Story Addition National 84 %`Michigan
98 %
Bathroom Addition National 82 % Michigan
113 %
Bathroom Remodel National 82 % Michigan98
%
Exterior Painting National 76 % Michigan
108 %
Attic Bedroom National 75 % MichignanN/A
Master Suite National 72 % Michiigan N/A
Basement Refinishing National 69 % Michigan
N/A
Re-Roofing National 60 % Michigan N/A
Sunroom Addition National 60 % Michigan
N/A
Family RoomsNatioanl N/A Michigan 98 %
For
further details on any of these Add On and
Remodels, drop me an email and I will be
happy to send you additional information.