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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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From the National Association of Realtors these trends can increase
the value of your home in the eyes of a prospective modern day buyer.
http://members.houselogic.com/articles/home-improvement-tren…
1 vote Thank Flag Link Tue Oct 2, 2012
Each person sets and creates what he considers value. If you mean how do you maximize the prices you might be offered for your home, understand that some improvements enhance value while others do little. It also depends on when you do the improvements, because if you do them and enjoy them first, then the percentage you recoup is not generally as pertinent as if you were to do an improvement in order to sell. Statistically, very few improvements return 100% of their costs, but making your home appear more pleasing generally maximizes the positive frame of mind of those looking. Pay attention to curb appeal, cleanliness, aromas/odors, paint condition, etc., because these are often the difference offered for two otherwise comparable houses. Also listen to a real estate professional regarding removing clutter, staging (if needed), and curb appeal.

Richard Brody
Licensed Salesperson
Daniel Gail Sotheby's International Realty
richardbrody@danielgale.com
0 votes Thank Flag Link Fri May 31, 2013
Value use to be in the eye of the buyer. Now value is more in the hands of comps sold in the past the 3 months and the appraisers.

Dan is correct, cleaning, neutral painting and fixing items are the quickest way.

Good luck
0 votes Thank Flag Link Fri May 31, 2013
There are many ways to increase the value of your home. The best thing that I see is to have the home clean, paint where needed and make sure all of the minor repairs are done. Don't forget the yard, curb appeal is important.
0 votes Thank Flag Link Wed Apr 10, 2013
This post that I recently wrote on my blog might be of help. It can be found here on Trulia or if you go to http://www.realestatewonderwoman.wordpress.com Hope this helps and as always if you need any further assistance feel free to contact me. kringwold@yahoo.com or 910.333.4690

-Kalyn Ringwold a.k.a Real Estate Wonder Woman :)
0 votes Thank Flag Link Wed Sep 19, 2012
When it comes to Interiors, I'd say keeping the space updated and clean is the most important.

We are so stuck on advising people to paint their walls beige, that we forget about the room as a total composition. Perhaps a bold wall is ok if the furniture is all neutral OR maybe you want to make a wall recede by painting it a dark color so the space feels larger. In both cases, color is OK. Just try to pick accent colors that will reflect a 2012 buyer's taste. Also note, the more wall colors, the choppier the house will feel. Limit changes in wall color, especially for open concept plans.

Here is another tip: Remove all interior accessories at once from one space. Every knick knack, candle stick, kid's art etc. Look around at the space uncluttered. Now only add back the colors, textures, and materials that will enhance the room. Every time you add one accessory, step back and decide "yes" or "no". This type of visual editing is a muscle that designers exercise all the time. The more you do it in a mechanical way, the easier it will become. Start with the powder room and work up to the Living Room.

When decluttering - Don't forget to sell those old items of furniture before you move. Otherwise, you're paying for the movers to haul it away only so you can dispose of it later. Check out local auction houses that will come to pick up the pieces and then sell them for you. Remember, furniture (minus antiques) needs to be updated just like clothing or cars. It's funny that we get new mobile devices every year, but think a family room sofa should last 25!

When in doubt, find a storage locker that you can rent. This way you can organize the extra stuff off site while your agent is busy showing your uncluttered and updated home to potential buyers.
0 votes Thank Flag Link Tue Sep 18, 2012
Great answers! I often make a few appointments for a seller to see the competition.They love that idea. It really gets them involved and educated. It's a real eye opener for some sellers. After seeing a few homes a seller said, OK to new carpet,appliances and price reduction....SOLD!

Curb appeal is very important as well. The yard,deck or patio should not be overlooked....first impressions!
Best to you!
0 votes Thank Flag Link Sun Mar 4, 2012
Carla is correct with #1 hire a realtor to assess the value of your home for your neighborhood, then make changes to sell your home for the maximum value for your neighborhood, there is no point in making updates that would put you expectations far beyond your homes value based on the market.
Michael
0 votes Thank Flag Link Fri Mar 2, 2012
7 Steps a Seller Must Take to Increase Value of Home Before Selling

1) Call a Realtor to Walk you Through the Process
2) Declutter, Reomove Personal Items & Clean, Clean, Clean!
3) Paint if needed (inside or out)
4) Replace or Update Flooring if needed
5) Landscaping should be in best condition possible
6) Compare your house to other neighborhood homes and determine what other things need to be done such as granite, refacing cabinets, updating bathrooms, etc.
7) Stage IT!!

Go to this Great Site that tells you value remodeling does in your area: http://www.remodeling.hw.net/2010/costvsvalue/national.aspx
0 votes Thank Flag Link Fri Mar 2, 2012
The most effective thing any Seller can do is clean and "declutter".

Declutter means - anything you don't need on a daily or weekly basis - no fudging! - get it out of the home or stored away neatly ONLY in an attic. Decluttering not only includes simple 'things", it includes personal items and kitchen items.

Built-in shelving looks larger when it's almost empty, so don't show us how much stuff CAN be crammed in there - let Buyers imagine their things there. The same goes for kitchens. No matter how well-stocked your counter is with coffee makers, microwaves, blenders, juicers, breadmakers, etc - the Buyer sees stuff in the way, not room for their stuff.

Front yard curb appeal, through the entryway to the home are the next most important. This is what the Buyer first notices about your home, and what you are faced with everyday upon your arrival. Does it look good, or look unloved?

I provide all of my listing clients with 3 awesome resources - 6 Worth the Price Fixups, a simple Home Enhancement Checklist, and a complimentary session with a staging professional.
0 votes Thank Flag Link Fri Mar 2, 2012
When selling your home you want to do things that aren't extremely expensive that really help with resale. So you are really looking for cosmetic items that will really dress up a home. The two least expensive things to do that add a lot of value are painting and replacing any worn carpet. Next to that are fixtures. Many home buyers do not like to see brass in a home because it makes it feel dated.

That said, there a a remodeling cost vs. value repport done by city that shows the average cost in Raleigh and the average resale value. Send me a Private Message if you would like a copy of this report.
0 votes Thank Flag Link Fri Mar 2, 2012
We have an expression in real estate that we all love; "it depends". It depends on your budget, your home, the location, the condition of your home and lots of other things. The main thing would be to upgrade anything that screams time warp.

I recommend starting with things that are free:
Clean, sounds simple, but I mean really, sparkling clean top to bottom
Get rid of clutter
Take down window darkening drapes and shades
Clean up yard and trim all shrubs
Create a welcoming entry
Neutral paint and decor

Buyers are looking for bright open spaces that are move in ready and homes that are well maintained.
Good luck.
Web Reference: http://mariescheuring.com
0 votes Thank Flag Link Fri Mar 2, 2012
Hello -

Best answer: depends on age/condition of your home, what your direct competition is like and market conditions & having a seasoned professional Realtor come out, look over your home and give you advice!

You may find this blog post I wrote helpful -

http://caryrealestate.com/selling-your-cary-home/top-5-ways-…
0 votes Thank Flag Link Fri Mar 2, 2012
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