Turning $1K into $3K When Preparing Your House For Sale


Turning $1K into $3K When Preparing Your House For Sale
By Scott Rogers • April 25, 2019
Sometimes, spending $1,000 on improvements to your home can be extraordinarily worthwhile -- providing you with $3,000 more in an eventual sales price! This isn't a formula for turning $1K into $3K for every would-be home seller -- but hopefully it's enough to get some helpful discussions started. Here are three types of improvements that can be very financially helpful to make to your home before listing it for sale... Renewing Improvements - Sometimes an improvement, such as pressure washing and staining a deck, can breathe new life into an outdoor space -- eliminating a buyer's concern that they will have to completely replace an element of a house. Another example of this would be gutters that are sagging and have peeling paint -- an easy fix (nails, sanding, paint) to breathe new life into them. These types of improvements can make a buyer more comfortable paying more for your home. Complicated Improvements - Some improvements or repairs to a home can seem overwhelming to a buyer, such as repairing a half dozen pieces of exterior siding on a variety of sides of a home. To a buyer, this seems complicated -- where will I get the siding, what if it doesn't match, how do I just replace one piece, etc., etc. If, before you list your home for sale, you hire a professional to take care of what is a relatively easy and inexpensive repair, you'll provide some relief to would be buyers - and they're likely to be willing to pay more for your home. Elevating Improvements - If you have a house that was built 30 years ago you might still have the original light fixtures (likely brass) throughout your home. You might be able to replace all of those fixtures with something more modern (brushed nickel, for example) and completely change the class or category or feel of your home. This type of improvement can elevate the feel of your home to make it feel younger, more modern, and potentially result in a higher sales price. There is not "one size fits all here" -- it starts with a conversation about which potential improvements to your home do and do not make sense to pursue. Let me know if you'd like to chat. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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