If you're trying to sell your home, you want to get the best offers you possibly can. And sometimes that means doing a little bit of work before your open house. If you can't afford to upgrade your kitchen, lay down new flooring or knock out walls, don't worry. There are several inexpensive fixes that you can do that will get you better offers when it comes time to sell your house.
New Paint and Moldings
One of the least expensive ways you can spruce up your home for the real estate market is to give it a new coat of paint. If you take a few thousand to paint the exterior and interior of your home, you can expect a return on investment of at least 141 percent when you sell your home. What's more, many buyers love custom moldings and trim because it gives the home loads of character and style. And they will pay extra for it.
Landscaping and Curb Appeal
A mature landscape designed with a wide variety of plants can increase the value of your home by 5.5 percent to 12.7 percent. Additionally, homes that are landscaped often get more interest and have more showings. If buyers don't like what they see on the outside, you're never going to get them inside. So it's always a good idea to do a bit of landscaping.
How much should you invest? The American Society of Landscape Architects recommends spending 5 to 10 percent of your home's value on landscaping.
Entry and Garage Doors
For a few hundred dollars, you can make your home safer and increase its value. By simply replacing your entry doors as well as your garage door, you can attract better offers. The goal with both of these project is to increase the safety of the home and make it more attractive while spending very little money. If you spring for a luxury garage door, you will probably only recoup approximately 75 percent of the cost at closing, so you want to choose an inexpensive option. If it's possible, you might even want to think about repairing your doors and/or giving them a face-lift instead of replacing them.
For more information, talk to a company like All Pro Quality Garage Doors, Inc.
Appliances and Extras
Appliances don't cost a lot of money, but it's sometimes difficult for new homeowners to pay closing costs, furnish their new home and come up with money for new appliances. If you include appliances in the sale, you will likely recoup all of your money. If new appliances make your kitchen look updated and modern, you will likely enjoy an even greater return on investment.
As you can see, there are several inexpensive ways you can increase interest in your home and get better offers. Sometimes selling a home isn't about big upgrades. It's often all in the details.