Do you know what the two spaces in a home that buyers most closely judge and critique are? They are the kitchen and master bathroom. These spaces can make or break deals, but by updating or renovating these two areas you can significantly increase the value of your home and secure a positive return on investment.
Spending a little bit of extra time in these two spaces can go a long way when selling your home. These are the most influential rooms in your house and will be scrutinized by buyers accordingly. Below are a few suggestions on how you can upgrade these spaces and increase the asking price of your property:
- The bathrooms – Repair loose tiles and grout. Replace old tubbing and tile caulking. Focus your attention on the counter corners, shower corners, and base of toilet. Clean all mildew from the walls, windows and ceilings.
How do other bathrooms in your area look? If they are clean, updated and modern, yours should be too. It’s not unusual for a seller to be uninformed about current trends in the market, that’s what real estate agents are for. A good real estate agent can tell you how your bathroom compares to others in the area and what you can do to compete or create more value.
- The Kitchen – Clean ovens, inside and out. Wash off cooktops and exhaust fans. Clean and deodorize your refrigerator and dish washer. Wash front of cabinets and secure any loose handles. Buyers love an updated and well-kept kitchen. This is no surprise to experienced sellers. Ask your agent for advice on this space and what you can do to improve it. There are endless ways to enhance this area, but you don’t want to go too far and overdo it. Your kitchen may only need a small touch up, which can be inexpensive and simple. There are situations where a complete renovation is warranted. An appropriate budget and timeline will need to be put in place to tackle this. Work with an agent to figure out which route will yield the highest returns. At the end of the day, this will be a worthwhile investment where you’re likely get your money back and more.
Ask yourself honestly, are the kitchen and bathroom counters and cabinets in bad condition or outdated? If they are, updating them will almost always give you a positive return in a good selling price and quicker sale.
A common concern is whether you will lose or make money after fixing up or renovating certain parts of your home. If you are unsure of what to do, connect with an agent certified by AdvantageU – Home Sellers Resource. They will listen to your concerns and tell you about the things that will and won’t get you a higher selling price for your home.
For now, please feel free to download a copy of the Ultimate Home Sellers Checklist. visit https://resources.advantageu.com/ultimate-home-sellers-checklist/