In My Neighborhood in 64064>Question Details

Bonnie Gooch, Home Seller in 64064

I have a condo in Oak Ridge Meadows. Super 2 would like to put it on the market this spring. What are the best upgrades to make to make it sell fast?

Asked by Bonnie Gooch, 64064 Fri Nov 26, 2010

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Spirit Messingham’s answer
Personally, I advise clean and no major damage. After that, in this market here in Tucson, AZ I normally advise not to put any more $ into it and list it at the right price (after reviewing the comps) for a "quick" sale. Best of luck.
Spirit
0 votes Thank Flag Link Wed Feb 23, 2011
Recommend to review the competiton determine what they have and bring your property "fashion forward"

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
0 votes Thank Flag Link Wed Feb 23, 2011
Please email me at wilmab@reeceandnichols and tellme when I can come take a look at it. Wilma Brown ABR CRS SFR WHS, Realtor at Reece and Nichols.
0 votes Thank Flag Link Wed Feb 23, 2011
I have sold a condo in Oak Ridge Meadows in the past year and found that even though we weren't the lowest priced condo that we were able to sell the property because the buyer thought it was the cleanest of all that he looked at in the area.

With a lot of competition in Oak Ridge Meadows you need to make sure your home shows well. On top of being super clean and tidy, paint rooms to a neutral color, repair any little dings that you can find, and remove as much clutter as possible. This includes removing personal items. As much as we all have great memories that we display they can be a distraction to a buyer. You want them looking at the home not at your pictures.

Hope this helps..
0 votes Thank Flag Link Tue Feb 15, 2011
I agree with the previous posts. You will have a lot of competition in Oaks Ridge Meadows so your unit must SHINE and be priced right. There has to be a reason why they chose YOUR unit over the others.

You have an end unit which is has more natural light - that is a natural positive you can use to your advantage. Make sure your windows are clean and allow as much light in as possible. This goes along with decluttering and minimizing your contents. You might have to store items in a storage unit to make your unit look as spacious as possible.

Your unit is almost 11 years old, and unless you have been making updates all along, there is probably a few things that need to be done and will cost you pennies. Take a REALLY good look at your woodwork. If it's painted, it probably needs a fresh coat. If it's a natural finish, find a varnish or urethane to match your wood color and touch up all the scuffs and scratches.

There are many inexpensive resources for paint, flooring & upgrades in Lee's Summit & Kansas City. Let me know if you need a list.
0 votes Thank Flag Link Sun Nov 28, 2010
Joleen has given you some excellent suggestions. When you find a realtor ask them if they have experience staging, tell them you want them to be brutally honest (sometimes agents try to be nice but that doesn't help you) and then do as they suggest. Walk out of your home and try to walk back in as a buyer - what do you see? Basically we don't sell our homes the way we live in our homes - you need to pre-pack as much as you can, buyers need to be able to visualize their things in the home.
P.S. a few personal photos are fine, it lets a buyer see that people live here but please just a few.
0 votes Thank Flag Link Sat Nov 27, 2010
go visit all the ones on the market now, take a look at the mls reports on all the ones that have been on the market over the past year and see what the ones that have sold had. That will tell you what the current competition has and what the ones that have sold had - then do your updates. DO them correctly, you can do it on a budget, but if the end result looks cheap, you will have made your situation worse, not better. Chose a Realtor to work with NOW, find one you trust who will deal with you honestly and tell you what you need to hear, not what you want to hear. Talk to them about days on market in your area. Go on and sign a listing contract that makes you MLS exempt but tells the agent that you are serious so that they will be serious and realistic with you. Consider putting your home as soon as possible while interest rates are still low and while the FHA is still allowing 50% of the condos in the complex to have FHA loans, before it goes back to 30%
Web Reference: http://www.yourstlhome.com
0 votes Thank Flag Link Sat Nov 27, 2010
Without knowing what our condo has and what it does not have and what price range you are in. It is truly very hard for us to say, what would be BEST....

You want your condo to look upgraded and updated, freshly painted in current colors, or at least some accent walls in deeper impressive colors, flooring is always a good thing, but since we do not know what you have at the moment hard to tell. Nice kitchen appliances and counter tops are usually looked for....

But at the end it really comes to the financial situation when did you buy, how much do you owe the bank, what is your real equity if any, how quickly do you want to sell, and will you buy or rent once you sell?

In general the price will bring the buyers in, the condition or let's say how well your condo shows to the prospective buyer will sell it...

Do not spend more money than you can afford, Paint is usually inexpensive, unclutter, stage well, your Realtor or a professional stager could help with that, make it most pleasing and spacious looking to the next owners...

Take care and good luck to you... Also if your home is ready sooner than next Spring, you may consider putting it on the market earlier, when there is less competition, but have your Realtor check on that since
all areas are a little different - but the less condos you have to compete with the better for you.

Discuss all of the above issues with an area Realtor...
Take care and good luck
Edith YourRealtor4Life~! and Your Chicago/Northshore Connection
Working always in the very Best interest of her clients
0 votes Thank Flag Link Sat Nov 27, 2010
Bonnie - Since I can't see your condo and the condition it is in, here are the best "low budget" upgrades you can make to you home to make the best impressions for buyers.

First of all, curb appeal. Make sure that when buyers are waiting to get into your door that the area around the front and especially within the front stoop area are clean and appealing. A potted plant, a clean and appealing entry mat, a cute pottery barn type of statuary or decorator item that shares a sentiment like "Welcome" or "Happy Home". Make sure shrubs, bushes are neat and trimmed and healthy looking. Make sure your door is clean and does not look tired and beat up. Replace your door handle and dead bolt is they are looking beat up or flaky. If you have a mailbox and doorbell, make sure they are also freshly painted or new. Just look around the area standing at your front door and say what could be cleaner, neater, more appealing.

The next big upgrade you can make that makes the most significant impression is fresh paint inside with beautiful modern earthy colors. Stay neutral but don't be afraid to add some color. The best color choices that are popular today are browns, tans, greens and grey. Make it interesting but not risky.

The other is de-clutter, de-clutter, de-clutter. Remove personal items and pictures as much as possible. Kitchen counters cleaned off. Refrigerator clear (I know this is hard when you are have kids with such great artwork). You can change the whole look of your home, just by de-cluttering and cleaning thoroughly and maybe re-arranging your furniture to give the appearance of more space and better flow. Try some different things here with rearranging furniture in living area and bedrooms.

Finally, flooring is the next big upgrade - get your carpets cleaned. If they are really old, consider replacing. There are so many great cheap flooring options available that anyone can install.

Kitchens are #1 - make sure it looks sharp. Try things like replacing knobs and pulls, updating light fixtures and faucet to a quick and cheap makeover. Would a new back splash make a difference. Also, quick,easy, and do-it yourself project.

Don't let beat up furniture turn your buyer off - we are trying to help your buyer see themselves in the space. Have beat up furniture can be a buzz kill. Try slip covers for a quick easy fix to get those couches and kitchen chairs updated.

Best of luck to you - Please feel free to contact me personally for more ideas if you have a specific area that needs a facelift!
0 votes Thank Flag Link Fri Nov 26, 2010
some wood flooring is usually good, make sure bathroom &kitchen are in top condition, paint neutral color through out (light beige or sand color is usually a winner), and make sure all nail pops, baseboards CLEAN and painted if necessary, etc are taken care of. Also, take down personal photos, get rid of (or store) furniture and decorations that make rooms look crowded. Wall decor should be "just enough" and no themes.

These are just basic things that will go along way. I can also send you a list of things if you send me your email address. It is a great time to sell b/c it's a great time to buy. Listing in February is a good idea, because all the shoppers that want to move in spring will start coming out of the cracks.

Good luck!
0 votes Thank Flag Link Fri Nov 26, 2010
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