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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Amy Uliss, Agent, Framingham, MA
Fri Mar 2, 2012
Reduce the clutter in all of your rooms as well as the garage and yard. Buyers have a very difficult time seeing their possessions in the same space as the sellers. This will also help to make areas appear larger and thus gives the buyer an idea of how they can use the space. If the second floor room has a treadmill and clothes thrown everywhere, the buyer cannot imagine using it as their home office. If you have a queen size bed in a very small bedroom, the seller cannot see their two twin size beds in it for the kids. In addition, change light bulbs to make the space brighter but only after you have painted the walls and trim with a fresh coat of paint.
Web Reference:  http://www.mdmrealtyinc.com
2 votes
Deborah Doug…, Agent, Andover, MA
Fri Mar 2, 2012
When preparing your home for sale you want to make it appealing to the greatest amount of people. You want to fix, repair, and replace the glaring problems without redoing everything...

So, the exterior sells the home first so clean up, trim up and paint if necessary
Refresh your front door by painting and having flower pots or something nice to invite those in..
De-Clutter the home from top to bottom. This includes the attic, basement and garage. Remember, these spaces are for storage but have things organized and neat and clean.
Skinny down to minimum in closets and cabinets. You want people to see there is more than ample space.
If hardwood flooring, expose it if in decent shape. Rugs are fine but show some hardwood
Clean and clean again and this does include the windows...people love clean homes and it is automatic in making others realize the home has been taken care of!

These are great fixes for minimal money invested..When finished ask your agent to come in and provide feedback...Happy selling!
1 vote
Jeff Smith, , Boston, MA
Fri Mar 2, 2012
I'm assuming you want to increase the value of your home by a good factor for the money you spend to do it. If that's the case, be careful to avoid doing improvements that don't do that, like spending tons on a new kitchen or bathroom! These things would certainly increase the value of the home, but maybe not by as much as you are going to spend to get them done. If you have a limited budget and are trying to boost your asking price beyond what you are spending to enhance your home, here are my suggestions in order of bang for the buck:
1. Get rid of all clutter.
2. Clean your place till it sparkles.
3. Tidy up your yard
4. Paint whatever looks bad or way outside the mainstream. Remember: you're the only one who finds that sun goddess mural you painted in the kitchen in 1988 charming. And even though you may have shocked the bourgeoisie at the time, magenta may not be a good color for the dining room. People want to see a space that is more or less a tabula rasa to imprint themselves.
5. Tear out any wall to wall carpeting and refinish the floors.
6. If your house is empty, stage it. If it is full, get rid of that stuff.
7. If your home has an odor, open up some windows and some boxes of baking soda. To find out if your home has an odor, ask someone who doesn't live there, preferably your rudest friend!
8. Now fix the most glaring problems with your house, the ones that are the least expensive to fix but shout out to a potential buyer that the place has problems, such as a broken switch plate, or a missing piece of molding.

Every home is different, so your best advice will come from the real estate professional standing in your living room.

Good Luck!
1 vote
Bobby Woofter, Agent, Boston, MA
Fri Mar 2, 2012
If you want to be cost effective there a few things you can do that have a big bang for the buck:

Paint. Inside, outside. Paint is cheap compared to the return it will recieve

Replace hardware. Upgrade Doorknobs, hinges, light fixtures, face plates on electrical pannels and last but not least, upgrade your showerhead. A really nice looking showerhead is dirt cheap and makes a good impression compared to the basic showerhead most people have

Bobby Woofter
Web Reference:  http://mybostoncondo.com
1 vote
Heidi Zizza, Agent, Framingham, MA
Fri Mar 2, 2012
Kitchens and baths! After that attack the master. People want new.
1 vote
Carla Hill, Both Buyer And Seller, Yorkville, IL
Fri Mar 2, 2012
I agree with some of the other responses.

Neutralize your home in and of... decor (color), personal pictures and items, clutter (less is more), staging the home can be an important detail that highlights the homes features and qualities. Start packing, get rid of anything that is not the most complimentary of that room to the point of model like, I like to call it "modelize your home". Ask for help! Chances are the Realtor who you choose to list your home is likely to have some experience in staging, take advantage of the "FREE" service. We really do know what will sell a property. Good Luck! Moving to Illinois by chance? Call me... 630-558-1729
1 vote
Kevin Vitali, Agent, Tewksbury, MA
Fri Mar 2, 2012
The three most effective ways to increase value for any ones budget are:

1- Clean, clean again and clean some more!! Cleaning costs you nothing but time. Buyers love a sparkling clean home. Maybe you have no money to do repairs but a good cleaning is invaluable.

2- De-clutter- Start packing get rid of items you are not using. Less is more when it come to selling your home. Get rid of kitchen appliances off of your counter, get rid of any clutter, items in the bathroom should be packed away and so on...

3- Paint!! while painting is not free like the other items it is one of the lowest cost items that can create big returns, if walls are worn or dirty or you have very stylized colors paint a nice neutral color and not white!! make sure you use flat paint. If you are not capable of doing a good job hire someone.

As far as other things to consider consult with a REALTOR. Many of my seller clients contact me months before a home is marketed so we have the time to do the necessary items.

Don;t forget the outside of the house too. First impressions are everything.
1 vote
James Furlong, Agent, Brookline, MA
Fri Mar 2, 2012
Some low cost things would be fresh paint, yard clean-up, fix any small items of damage, general clean-up and de-clutter. Kitchens and bathrooms often sell a house. Small things like new cabinet hardware can make a difference. Granite counters are not that expensive anymore and can easily be installed on your existing cabinets. In the bathroom - maybe you should replace that toilet, or at least the toilet seat. A new medicine cabinet is an easy replacement job. If you have cast iron radiators - paint them the same color as the walls in the room (that metallic silver is so 1800's). A new light fixture can re-make a room. It might just be the right time to dump those vinyl mini-blinds - some new 2 inch blinds make your rooms look modern. These things do not cost a lot of money but can make your home much more attractive. Please feel free to call (617)620-0669 if you need help in marketing and selling your home. I work in all the towns of Greater Boston.
1 vote
Stephen Morr…, Agent, Boston, MA
Fri Mar 2, 2012
Certain improvements yield a better return than others. My list in order of most likely highest return is;
-Clean and de-clutter
-Fresh paint
-light landscaping(trimming, mulching beds, etc)
-Improve lighting
This is without seeing your home, so it's somewhat general.
Kitchens and baths tend to increase value by only 50% of the cost
1 vote
Masha Sender…, Agent, Newton, MA
Fri Mar 2, 2012
-Update heating and/or a/c systems.
-Upgrade kithchen
-Upgrade bath
-Replace carpets with h/w floors
-Update roof and/or siding and/or paint the outside if necessary.
-Invest a little in "presentation": landscaping and staging
1 vote
Mikel DeFran…, Agent, Canton, MA
Sun Nov 25, 2012
Decluttering and Painting are 2 of the best returns on your dollar.
0 votes
Territory.c…, Agent, MA,
Fri Mar 30, 2012
De-personalize (pic's, statement artwork, etc)
Stage furniture in the way that shows all the space off best
Have a pre inspection done so there are no surprises to you when a buyer has their own ... That way you can fix some things and everything else you can either sell "As Is" or give a credit. Helps with organization and pricing.

Then price aggressively, about $5-10K under market value

Web Reference:  http://territory.com
0 votes
Ralph Lanzet…, Agent, Canton, MA
Wed Mar 28, 2012
Two of the best things you can do is to have a professional home inspection and an appraisal by a bank appraiser. Both of these reports will highlight areas that are in need of attention and then you can make a decision as to which area you want to improve upon.
0 votes
Kenzo Tatsuno, Agent, Waltham, MA
Fri Mar 2, 2012
Cost effective ways are usually painting, reduce clutter, etc. I would be happy to set up a meeting with you at your property to review first-hand, which is always the best way. I have helped sellers stage their homes and do not charge additional costs for this advice.

Please feel free to contact me with quesitons.

Sincerely yours,

0 votes
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