Things To Update Now If You Plan on Selling Within The Next Year
There are many updates that you should consider making to your home if you plan to sell it in the next year. For instance, it may be easier to sell your home after putting new appliances in the kitchen or ripping up the carpet in the living room. It may also be helpful to put on new siding, paint the garage door or repair the roof. Let's take a look at why these upgrades might make it easier to sell your property.
The Kitchen Is the Most Important Room In the House
Most buyers will demand that any homes that they look at have functional kitchens, and adding a new stove, refrigerator or dishwasher can help you meet that demand. This is because it will be able to cook dinner, store leftovers, and clean dishes in an efficient manner. It may also be a good idea to add a skylight or other features that will make the space feel more open and inviting.
Wood Floors Always Look Good
While carpet may be more comfortable to walk on, wood floors are generally more attractive to buyers. Therefore, it can be worth the time and effort it takes to rip up existing carpets and refinish the wood that is sitting underneath them.
The Exterior Is the First Thing That People Will See
A home that has dilapidated siding, missing shingles on the roof, or has a dirty garage door will generally sell for less than one that has been kept in good condition. In fact, painting exterior doors can provide you with the best value for your dollar. In some cases, you can increase your home's value by $4 for every $1 spent on paint and other supplies.
Furthermore, you can recoup up to 75% of the cost of repairing your home's siding or roof when it is sold. Even if your actual return on investment is lower than 75%, making these repairs will make it much easier to sell the property in a timely manner.
Be Sure to Check the HVAC System
Prior to putting your home on the market, the home's heating and cooling systems should be thoroughly inspected. This can help a buyer feel more confident that he or she won't be liable for a major repair weeks or months after taking possession of the house. It may also be a good idea to have the water heater, pipes, and gas lines checked for any signs of damage.
If you're planning on selling your home in the next 12 months, it is important to start preparing today to put it on the market. Doing so can help you fix any issues it might have and make the property more attractive to buyers.