Marshall and Susan Christy's Blog
As a home seller, it is important to do everything possible to transform an ordinary kitchen into a comfortable, attractive setting. With an awe-inspiring kitchen, you may be able to differentiate your house from others that are available in a competitive real estate market. Plus, your house's kitchen might even lead some homebuyers to submit offers immediately following a home showing.
Clearly, a top-notch kitchen can make a world of difference when you sell your house. But how can you determine whether a kitchen overhaul is necessary?
Here are three questions to consider before you embark on a kitchen renovation.
1. When do I plan to sell my house?
If you intend to sell your home quickly, you may have limited time at your disposal. Therefore, a complete kitchen overhaul may not be an option.
On the other hand, if you have several weeks or months to plan ahead, it may be worthwhile to evaluate your kitchen and find ways to improve it.
Consider your home selling timeline closely. That way, you can examine various home improvement projects and determine whether a kitchen renovation is a priority.
2. How much money do I have to complete a kitchen renovation?
A kitchen renovation can include everything from simple upgrades to a massive overhaul. As such, the costs associated with a kitchen renovation may vary.
Assess your home improvement budget and plan accordingly. If you have the funds available, you may be able to revamp your entire kitchen. However, if your financial resources are limited, you may need to consider cost-effective measures to enhance your kitchen.
Remember, there are many quick, easy ways to bolster your kitchen. Wiping down the walls and ceiling can help your kitchen dazzle. Meanwhile, repainting the kitchen walls and mopping the floors also provide simple, effective ways to improve your kitchen's appearance without breaking your budget.
3. Is a kitchen renovation worth my time?
A home appraisal may prove to be exceedingly valuable, particularly for home sellers who are on the fence about completing a kitchen renovation.
During a home appraisal, a property inspector will examine your residence and provide a report that highlights your house's strengths and weaknesses. This report can help you establish a price range for your home. In addition, the report may provide you with insights into whether a kitchen renovation may enable you to boost your home's value.
Lastly, if you're still uncertain about a kitchen renovation after a home appraisal, a real estate agent may be able to provide extra support.
A real estate agent understands the ins and outs of selling a home. Thus, he or she can evaluate your residence and help you decide whether a kitchen renovation is worth your time.
When it comes to a kitchen renovation, it is essential for home sellers to examine all of their options. Consider the aforementioned questions, and you should have no trouble determining if a kitchen renovation is right for you.
As a home seller, you likely want to set a "fair" initial asking price for your residence. Because if you fail to do so, you risk pricing your home outside of your target buyer's price range. Perhaps even worse, you risk pricing your house too low – something that may cause you to miss out on the opportunity to maximize your home sale earnings.
Ultimately, there are lots of things that you can do to ensure you establish a fair initial asking price for your residence, and these include:
1. Study the Local Housing Market
For home sellers, it is important to perform plenty of research before you list your residence. If you assess the local housing market closely, you can obtain insights that you can use to set a fair initial asking price for your home.
Evaluate the prices of available houses in your city or town that are similar to your own. This will help you determine the price range for comparable houses in your area.
Also, find out how long some of the recently sold houses in your city or town were available before buyers purchased them. This can help you differentiate a buyer's market from a seller's market so you can price your house appropriately.
2. Conduct a Home Appraisal
A home appraisal delivers immense value, as it enables you to receive a property valuation. Once you have a property valuation in hand, you may be better equipped than ever before to determine how to price your house.
In addition to a home appraisal, you may want to conduct a house inspection as well. During a house inspection, a property expert will review your home and identify any underlying issues. You then can use a house inspection report to prioritize home repairs and upgrade your residence before you add it to the local real estate market.
3. Work with a Real Estate Agent
As you search for ways to get the best price for your home, you may want to hire a real estate agent. In fact, if you have a real estate agent at your side, you can receive comprehensive support throughout the house selling journey.
A real estate agent will learn about your home and help you determine exactly how to price it. Next, he or she will promote your residence to buyers. And if a buyer submits an offer to purchase your residence, a real estate agent will help you decide whether to accept, reject or counter this proposal.
Furthermore, a real estate agent is a home selling expert who is happy to share his or her housing market insights with you. If you ever have concerns or questions as you navigate the house selling journey, a real estate agent can address them.
Setting the right price for your home sometimes can be difficult. Thanks to the aforementioned tips, you can establish a fair initial asking price for your residence. As a result, you may be able speed up the home selling journey and optimize your house sale earnings.
Before you sell your home, you may want to invest in property upgrades. That way, you can enhance your residence both inside and out and boost your chances of enjoying a fast, profitable house selling experience.
Ultimately, there are many questions to consider prior to investing in home improvements. These questions include:
1. Which home improvements should I prioritize?
It may be beneficial to have a professional home inspector evaluate your residence. Because if you receive a home inspection report, you can learn about your residence's strengths and weaknesses. Perhaps most important, you can use this report to establish home improvement priorities.
There is no shortage of qualified home inspectors available in cities and towns nationwide. If you reach out to a home inspector today, you can take the first step to identify and address various problems throughout your house.
2. How much should I spend on home improvements?
Although you would like to improve your residence as much as possible, there is only a finite amount of money at your disposal to allocate to property improvements. If you create a home improvement budget, however, you may be better equipped than ever before to get the most out of your available funds.
Also, it is important to remember that some home improvements are quick and simple to complete. If you can perform home upgrades on your own, you may be able to save money in comparison to hiring a professional contractor to complete these tasks for you.
3. How much time should I commit to home improvements?
Think about when you want to list your home. Next, you can craft a home improvement timeline that allows you to determine which property upgrades you want to complete and when you want to finish these projects.
Generally, it is helpful to give yourself as much time as you can to perform home improvements. And if you have sufficient time to complete home upgrades, you'll ensure that these tasks are always finished correctly.
As you get ready to list your residence, you may want to hire a real estate agent too. This housing market professional can examine your house and offer home improvement recommendations and suggestions. Furthermore, a real estate agent may be able to put you in touch with the best home improvement professionals in your area.
A real estate agent provides comprehensive assistance throughout the property selling journey as well. He or she will help you list your residence and promote it to the right groups of buyers. And if you receive an offer to purchase your home, a real estate agent will help you analyze this homebuying proposal and determine the best course of action.
Ready to transform your ordinary home into an attractive option for buyers? Allocate time and resources to perform home improvements – you'll be glad you did. If you upgrade your residence, you can show off the true beauty of your house and increase the likelihood of a successful property selling experience.
Effectively staging your home can make a difference when selling your home. It can help you reach your asking price, or it can mean the difference between making a sale and not making a sale.
With so much at stake, it’s clear that home staging is a good idea. However, if you plan on living in your home while it’s on the market it can cause a big change in your lifestyle. It can mean putting most of your belongings in storage and be constantly rearranging furniture and moving your valuables around.
In this article, I’ll give you some tips to help you get through the difficult time of living in a staged home. I’ll talk about how you can make the most of this situation while still making the important sale on your home.
Decluttering and removing personal items from your home
There are two important things to remember when cleaning out your home before staging it. You want to declutter and you want to remove your personal presence in the home.
In terms of decluttering, not only is this a good time to start packing up items you won’t need until you move into your next home, but it is also a good time to do some cleaning. When going through your home, ask yourself if you’ve used the item in question within the last year or two. If the answer is no, you might be able to throw away or donate the item.
When someone views a home they want to be able to picture living there. That’s hard to do if it is filled with the photos and heirlooms of another family. If you’re unsure about whether something is too personal to keep on display in your home, there’s a good chance that it’s better off to put it in storage.
Use your free time at home to your advantage
Living in your home while it’s on the market gives you one important advantage--you’re able to spend more time prepping your home for sale. Use your free time and weekends at homes to paint your walls bright, neutral colors. You can also experiment with arranging furniture in a spacious and welcoming way.
This is also a good time to take care of small issues that might turn off potential buyers. Runny faucets, creaking doors, and other cosmetic fixes are all simple but important fixes to make while still living in your home.
Adopt a “clean as you use” mentality
Since people are coming to view your home, you’ll naturally want it to be as clean and tidy as possible. But rushing to clean everything before someone views your home makes it more likely to overlook a dirty countertop or misplaced towel.
A good practice is to simply clean up after yourself as you use items. That means wiping down the counter or oven after use, making sure you don’t leave products out in the bathroom, and sweeping the floors at the end of the day.
While it can be difficult to live in your home while it is staged for sale, it also has its advantages. As you go through this process, remember that it isn’t forever, and that it can save you time and money in the long run.
Selling a house sometimes can be complicated. But if you understand the home selling journey, you may be better equipped than other sellers to avoid potential pitfalls.
Now, let's take a look at three tips to help you simplify the home selling journey.
1. Analyze the Local Housing Market
The age and condition of your home may have far-flung effects on how much a buyer is willing to pay to acquire your residence. At the same time, the local real estate sector can have major ramifications on your property selling experience.
A home seller who analyzes the local housing market can identify real estate patterns and trends. Then, this seller can use housing market data to establish a competitive initial asking price for his or her residence – something that may lead to a quick, seamless home selling experience.
Don't forget to review the prices of recently sold houses in your city or town too. By doing so, you can see how your home compares to these residences and price your house accordingly.
2. Assess Your Home
If you've maintained your home over the years, you may be in a good position to maximize your house sale earnings. On the other hand, if your home requires repairs, there may be no time like the present to complete property improvements.
Oftentimes, it is beneficial to conduct a home inspection and appraisal prior to listing a residence. During a home inspection, a property expert will examine your residence and offer insights into any underlying property issues. Meanwhile, during an appraisal, a property expert will craft a property valuation based on your residence and various housing market factors.
3. Hire a Real Estate Agent
If you're unsure about how to navigate the home selling process, you may want to hire a real estate agent. That way, you'll have a home selling expert at your side to help you identify and eliminate assorted property selling hurdles.
A real estate agent understands what it takes to sell a home, regardless of the current housing market's conditions. He or she first will meet with you and help you create a property selling strategy. Next, a real estate agent will set up home showings and open house events to promote your residence to prospective buyers. And if you receive an offer to purchase your house, a real estate agent will provide recommendations and suggestions about how to proceed with this proposal.
In addition, a real estate agent will go above and beyond the call of duty to ensure you can get the best price for your house. He or she is ready to negotiate with a buyer's agent on your behalf, and as a result, can help you optimize your home sale earnings.
When it comes to selling a home, complications may arise. Fortunately, the aforementioned tips can help you streamline the home selling process and ensure you can enjoy a fast, profitable property selling experience.