We have witnessed quite a ride in the first 3 months of 2020. There are so many unpredictable factors ahead of us with the ongoing pandemic. One thing we know is that real estate market has been hotter and busier than any other 1st quarter in the last decade. The continuous sliding of mortgage interest rates give consumer the incentive to shop for their houses early. This is an indication of a sizzling house market this spring and summer ahead. If you plan to sell your house soon, it is definitely “seller market” since inventory is so low, and demand is very high. Does that mean you should throw your house on market in whatever condition it is in? Yes, you can but what if a little effort can get you more money in less time? Here are the top five recommended repairs to make before selling your home.
- Repaint walls. Giving your home a fresh coat of paint is one of the most cost-effective ways to spruce it up, and generally, it can be a do-it-yourself project. Make sure cover any walls with scratches and chips and consider updating any accent walls with a more neutral coat. The new trend in 2020 one paint color room makes it easy. Tones like grey, beige, and green are leaders for this trend. Ready to kick it up a knot? Adding warmth and character to the space by painting interior doors in rich colors.
2. Repair floors. Hardwood floors are a very desirable feature in a home, so you want to ensure they look their best by fixing scratches or dull areas. If your carpet is worn or stained, consider replacing them. And don’t forget the tile in your kitchen or bathrooms. Re-grouting can go a long way in making dingy tile work look brand new!
3. Refresh the landscaping. Show buyers your home is the full package by dressing up the outside as well as the in. Clean walkways and driveways, plant seasonal flowers and plants, trim hedges and trees, install outdoor décor pieces and fill in mulch and gravel.
4. Fix your fixtures. Leaky faucet? Rusted drains? Loose drawer handle? Making these small fixes can make a big difference to potential buyers with detailed-orientated mind.
5. Improve your kitchen. An outdated kitchen can be a real eyesore in a home. Updating cabinetry, repairing or replacing countertops, and installing new faucets and sinks may be worth the investment.
Obviously adding these repairs and upgrading takes time and money. You can decide how much and how far you would go depends on the time and budget you have. Remember, when you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells.