How to Get Better Return on Investment
Before listing your home on the Atlanta real estate market, think about ways to improve the return on investment for your sale. It’s not all about granite countertops although aesthetic improvements do help. Savvy buyers and their real estate agents can overlook older kitchens and bathrooms with the intent of remodeling them to suit their own tastes.
More importantly, structural maintenance must be considered. Go back to the bones. After all, who wants to find out problems after a home inspection? Maybe the roof needs to be replaced or the air-conditioner is on its last leg. Bringing extra rooms up to code as bedrooms can raise the selling price. These kinds of improvements add core value.
Home Maintenance Projects
Let’s talk about some home maintenance projects that could be more important than upgrading your bathroom or kitchen. Maintenance issues are responsible for driving down home prices. Common problems include roof, HVAC, window and siding problems, and basement mold or dampness. All of them diminish negotiation power.
Many sellers proactively order home inspections. They want everything fixed before listing their properties. Sellers can start by inspecting their properties. Make a list of every broken handle, cracked window, dripping faucets, clogged the drain, etc. Then call a handyman and other professional to fix them. Those who arrest the spirals of neglect before the buyers unearths them will be ahead of the game.
Aesthetic Upgrades
Curb appeal is important. Look for ways to improve the front yard and front door area of the home. Example upgrades may include some brightly colored flowers, a bench, and a good-looking front door to welcome potential buyers into the hearth of the home. Next move inside to modernize the countertops and floors and freshen the paint in these rooms. Neutral paint goes a long way in any room without breaking the budget.
Staging Tips
It takes only three seconds to create a first impression so make yours a good one. One of the best return on investment may come from staging. Proper placement makes the home looks bigger and well-kept. Staging techniques vary but here are some commonalities.
- Arrange furniture in small groupings. Float a couple of furnishings to add depth. Avoid pushing pieces against the wall.
- Decide on a purpose for each room. Remove furnishings and the core that do not align with the purpose. For example, a children’s room may have twin beds. A theater room would not have a dining table, etc.
- Consolidate knickknacks. Using odd numbers of similar items, create a statement.
Real Estate Agents – Atlanta Georgia
Please contact Butch Whitfield Group, Harry Norman Realtors, at 770.630.6668 or 404.897.5558 for more information about buying and selling homes.
