BOB UPTON, Realtor®, CBR's Blog
In a competitive selling market, it’s vital to make sure you take advantage of any way to give your home an edge over the competition.
Many sellers make expensive home improvements in the hopes of attracting buyers. But, even if you’re on a budget, there are ways to boost curb appeal and increase the value of your home to make your home competitive in today’s seller’s market.
In today’s post, I’m going to cover eight low-cost upgrades you can make to your home today. We tried to keep all of the upgrades under $100 so that you can stick to your budget while still making a big difference in your home.
1. Paint the front door ($30)
One of the first things a potential buyer will notice about your home is the front door. Putting on a fresh coat of paint, especially one that pops and contrasts with the color of your home, will help to make it stand out on the block.
2. Paint your interior trim and baseboards ($75 - $100)
Baseboards often get dirty or scuffed up over the years. Putting a fresh coat of paint will make the entire room look like new. Stick with white for most rooms--it will brighten them up and make them feel clean.
3. Replace your outlet and light switch plates ($20)
They get dirty, they crack, and they get covered in messy paint every time you repaint your walls. Outlet and switch plates see a lot of wear and tear, and a dirty one can be off-putting for potential buyers.
For just a few dollars each or less, replace them all to give the rooms of your home a facelift.
4. Replace fixtures ($50 - $100)
Whether it’s the knobs of your kitchen cabinets or faucet fixtures, there are a number of small items in the kitchen and bathrooms that can be upgraded.
Stainless steel is now out of style, with homeowners choosing brushed nickel and bronze over the traditional stainless.
5. Choose a new shower head ($30 - $50)
Installing a shower head is a lot easier than it looks. Plus, luxurious looking shower heads can be purchased for less than $50 on Amazon, making them a great choice to add a touch of indulgence to the shower.
6. Add new bright, energy efficient lighting ($30 - $50)
Bright LEDs can make a room feel more spacious and modern, and it can save you a few dollars on the electric bill. Installing new lights throughout the home is a good way to show off what lies within.
7. Paint or replace your mailbox ($20 - $80)
Mailboxes can easily get dirty and dented over the years and most of us pay little mind to them. But prospective buyers likely will be on the lookout for any signs of neglect when they view your home. Having a freshly painted mailbox will leave a good first impression.
8. Rent a pressure washer for a day ($50 - $100)
Pressure washing the exterior of your home can make a huge difference when it comes to upgrading curb appeal. Vinyl siding gets dirty quickly and isn’t all that easy to clean.
You can rent a pressure washer from The Home Depot or your local hardware store for typically less than $100 a day.
If your house is currently on the market or you're preparing to put it up for sale, the secret of success lies in the lyrics of an old popular song called "Accentuate The Positive." Although it was originally published in 1944, the song has been resurfacing for years on television, in movies, and music recordings.
"Accentuating the positive and eliminating the negative" may seem like basic, old-fashioned advice, but when homeowners follow it, they increase their chances of selling their home faster and for the highest possible price.
Although your real estate agent will provide a ton of helpful advice on how to present your house in its best light, there are dozens of things you can start doing now to improve its marketability, curb appeal, and the positive response you get from real estate agents and buyers.
- Avoid or minimize any aspect of your home and property that gives the impression of neglect. That could include anything from peeling paint and cracked windows to overgrown bushes and weedy yards. Weeds growing out of cracks in walkways, driveways, and concrete flooring often looks the worst -- but weeds, in general, always detract from the appearance of a home for sale.
- Reduce or eliminate anything that might create a feeling of "unpleasantness" in the minds of prospects. In other words, if there's anything about your home that might cause buyers to cringe, frown, gasp, crinkle their nose (in displeasure) or shake their heads, then you probably need to take corrective action -- and fast! A prime example would be pet odors, stains, and loose fur, which can be major turnoffs for many people -- especially if they have allergies!
- If little or no interior painting has been done over the past five or ten years, there's a strong chance that your walls are faded, marred, and looking worse for the wear. A couple coats of neutral-colored paint can often infuse a more vibrant, updated appearance to those tired-looking rooms. Subtle, light colors -- although, not necessarily stark white -- are often advisable. The objective is to appeal to as many people as possible, without taking any decorating risks that might alienate anyone.
- Speaking of "harsh versus eye-pleasing," your home's lighting is another important thing to scrutinize when looking for cost-effective ways to increase the attractiveness, appeal, and marketability of your home.