Trulia, Other/Just Looking in San Francisco, CA

What are some effective ways to increase the value of your home before selling?

Asked by Trulia, San Francisco, CA Fri Mar 2, 2012

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5
Patrick Fields’ answer
Kitchens and bathrooms will be the most common answer to your question regarding increased value, but do not discount the importance of addressing repairs, landscaping, and paint (in and out, not to mention a deep interior cleaning -especially windows.)

While these factors do not necessarily impact "value" in the same way, they do each impact marketability and consumer appeal.

I recommend going on a property tour with your agent to see those properties that received contracts in your area in less than 30 days that are still in an active option/pending status (available to show.) This will give you an idea of the elements that each home offered (beyond price) that contributed to a quick purchase offer - then compare to yours, decide what your home lacks, set a budget, and implement the improvements.
1 vote Thank Flag Link Fri Mar 2, 2012
You don't have to do expensive remodels to increase the value of your home; on the contrary, over improvements can back fire and actually decrease the value of your home.

Basically, it's a good idea to do things to make your house seem bigger and brighter with open space floor plans.

This may incude cleaning, getting rid of clutter, and good natural light coming in from the outside.

Don't forget your curb appeal clean up too, as this is what all people see before they enter your home.
0 votes Thank Flag Link Fri May 18, 2012
Paint is the easiest and cheapest. And not only walls--if you have really dated cabinets or vanities, paint them in a high gloss or matte black and put new knobs on them. Window coverings--if they are dated then get rid of them. It's all about big surface areas because that is what catches the eye.

Then get rid of all your junk even if you think you don't have much, less is better and will make the space look bigger.
0 votes Thank Flag Link Tue Mar 6, 2012
Hi,

Before you go and start spending 10's of thousands remodeling or upgrading a home you need to discuss this with a Realtor who can help you evaluate the market in your area and to evaluate several different avenues.

It can be anything from freshening up with paint and refinished flooring, to fully staged or just sell it “as is”. If you are planning on staying in the house for a while yourself then appropriately upgrading the kitchen (don’t just add Granite onto old cabinets or use 5 different types of tile) and bathrooms can be the most effective. Remember large projects such as these do not mean that you will get all your money back.
0 votes Thank Flag Link Sat Mar 3, 2012
Depending on the specifics of the property, there are the obvious things you can do to make improvements however, some of the most important touches to improve value, look and appeal are best implemented by an experienced Realtor. Consulting with the right professionals offers you the best results without overspending. It all depends what you do and how you do it and not on how much you spend. Realtors see hundreds of properties and deal with both buyers and sellers. Having a pulse on the market, buyer demand and their desires is key. In my case I tour and analyze over 1500 properties annually providing me with fantastic insight.

Best of luck,

Oggi Kashi - 415.690.3792 direct
Broker Associate, Paragon Real Estate Group CA DRE 01844627
All data from sources deemed reliable but subject to errors and omissions, and not warranted.
Web Reference: http://www.oggikashi.com/
0 votes Thank Flag Link Fri Mar 2, 2012
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