Uncategorized February 23, 2023

Spring Into Action: Boost Your Home’s Value With Our Expert Tips!

Preparing to sell your home or planning for a remodel this year?

We can help you to determine where to best spend your time and money along with which improvements are most valuable in your local market.

With the spring buying season just around the corner, now’s the time to start getting your home ready to sell. There are more homes for sale than there were at this time last year, but inventory is still historically low. Homes that are updated and priced at market value are attracting multiple buyers and are still selling fast.

According to Danielle Hale, Chief Economist at realtor.com:

“In a market where costs are still high and buyers can be a little choosier, it makes sense they’re going to really zero in on the homes that are the most appealing.”

Curb Appeal Always Wins

One way to prioritize updates that could bring a good return on your investment is to find smaller projects you can do yourself. Little updates that boost your curb appeal usually work well. Investopedia puts it this way:

“Curb-appeal projects make the property look good as soon as prospective buyers arrive. While these projects may not add a considerable amount of monetary value, they will help your home sell faster—and you can do a lot of the work yourself to save money and time”

Once you are ready to sell, small cosmetic updates, like refreshing some paint and power washing the exterior of your home, create a great first impression for buyers and help it stand out.

Not All Updates Are Created Equal

When deciding what you need to do to your house before selling it, remember you’re making these repairs and updates for the next owner. Let’s help you prioritize projects that will help increase the value of your home.

The 2022 Remodeling Impact Report from the National Association of Realtors (NAR) highlights popular home improvements and what sort of return they bring for the investment (see graph below):

Bottom Line

Let’s connect today for the best advice on the updates you should invest in. We have the local knowledge and have the latest insights of what your house needs to sell quickly once you are ready!