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How Much Should You
Spend To Get Your Home Ready To Sell?
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When you get
ready to sell your home, it's important to make it sparkle,
especially when compared to your neighbors' houses. Every real
estate agent knows that well-polished houses not only sell
faster, but they also sell for higher prices.
When
planning the "spruce up" strategy for your home, you'll first
want to consider how much you want to spend, and then how much
of that money to allocate to the outside and the inside in
order to help sell your home the most quickly and for the best
price.
How much should you spend? The answer is
simple: as little as possible. The idea is to make your home
shine by addressing areas that will make a good impression on
buyers, without spending money you won't be able to recoup at
sale time. Generally, that means a serious clean-up, inside
and out. Then, depending upon your budget, you can make
relatively inexpensive (but often dramatic) upgrades, such as
paint, new knobs for kitchen cabinets, or new towel racks in
the bathroom.
On the outside, make sure your home
looks nice from the street, since that's the first impression
every buyer will have. Keep the lawn mowed and the sidewalks
edged. That's important, and doesn't cost anything extra,
since you'd be doing that whether your home was for sale or
not. Plant a few annual flowers along the walkway and around
the house. They'll add a touch of hominess and color, and make
a good impression on buyers.
Keep flower gardens and
shrubbery well-maintained, and make sure the front door is
nicely painted and opens easily without creaking. If the paint
is peeling on the outside of your home, especially the windows
and doors, it's time to repaint with a color that attracts
your buyer's profile.
If there are shingles missing,
they should be replaced, but don't put on a new roof unless
it's absolutely necessary; you'll rarely recoup such a major
expense. If the driveway is covered with oil stains, there are
some good products that can remove them without a great deal
of cost.
Inside, go through each room, doing a
thorough cleaning and removing clutter. Have a friend walk
through with you, telling you what catches their eye, because
you may have grown accustomed to things that will create a
negative impression in the minds of prospective buyers. If
rooms need paint, repaint them, using colors that you know
your buyers will love.
Pay special attention to
bathrooms and the kitchen. If the floor looks old and worn in
the kitchen, new linoleum tiles are easy to install and can
instantly give old kitchens new sparkle. Repair or replace any
dripping faucets--another relatively inexpensive repair that
can pay big dividends.
You don't have to spend a lot
of money to get your home ready to sell, but you do want to
make it as attractive as you can (without spending a lot) if
you want to sell it quickly--and at the highest possible
price.
Copyright 2006 Jeanette J. Fisher. Publish with
active links. Jeanette Fisher,
author of interior design, real estate investing, and home
staging books teaches home sellers five ways to get more money
from their home sale. Home Staging Free home seller's
reports http://sellfast.info
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