In the real estate business, curb appeal is the name of the game. The home that grabs the attention of a buyer as soon as they arrive is the home that will sell for the best price. That’s why you should plan to do some remodeling before you place your home on the market. Here are four reasons that remodeling will add curb appeal to your home – and dollars to the offers you receive.
It Saves Buyers the Trouble
It’s easy to look at a house and envision what you could do by repainting this room, updating the carpet in that room, and replacing the porch railing. Of course, that all takes time and money, and many home buyers are too impatient to do the work. They prefer to pick a home that’s already had all that work done so that it’s as close as possible to move-in ready when they close, leaving nothing to the imagination.
It Indicates Your Attentiveness
When things are in good condition on the outside, we assume the same is true inside. That also goes for when things look bad. In other words, a homeowner who has had a remodeling company, someone like Cardinal Remodeling & Design, LLC, do some exterior updates and cosmetic improvements tell a would-be buyer that the owner has kept up with the home’s maintenance and that major systems like HVAC and plumbing are also in good condition.
It Keeps You Up with the Joneses
Nobody wants to own the most out-of-date house on the street. When a would-be buyer turns the corner and sees that your home appears to be 15 or 20 years behind on colors and condition, your offer will suffer – if you get one at all. At the same time, you don’t want to go too trendy. Colors come and go, so don’t commit your property to a radical paint scheme that will look dated before you close the sale.
Other Sellers Are Doing It
The tighter the real estate market, the more important it is to set your listing apart. When shoppers are seeing listings for lots of homes similar to yours, you can’t give the other listings an edge. Those that have been renovated will push ahead of you, hurting your offer and endangering your sale. That’s why it’s important to update your home to be something that would appeal to people scouring the housing market.
Selling real estate is all about ROI – your return on investment. With the right kind of remodeling work, a dollar spent on the work can easily give you back that dollar plus more.