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Home Esthetics
If your home does not have the adequate “curb side appeal,” you maybe setting yourself to loose thousands of dollars, therefore, you must make the necessary adjustment to meet marketable standards. The opinion of others in regard to your home’s esthetic is important. If the aspect of the home is not esthetically pleasing, you may loose potential buyers, devalue or depreciate your home value and those neighboring your home, or attract investors who want your home as is for less than market value. Thus, this outcome is not in line with your best interest. On the contrary, if your home is esthetically pleasing you will attract ready and able buyers willing to pay for your asking price. Hence, this is inline with your goal. Below are helpful tips in improving home esthetic.
Exterior
A new fresh coat of paint.
Remove stains from concrete driveways.
Remove weeds from pavers
Add landscaping: Make sure grass, flowers are trim
Interior
A new fresh coat of paint
Remove stains from carpets
Consider replacing carpet vs. tiles (observe budget)
Add or recondition kitchen
General maintenance
Check for leakage and correct if needed
Replace old bulbs
Overall Improvements
One of the biggest mistakes a FSBOer can do is over improve the property. The last thing you want to do is add thousands of dollars to improvements that won’t give return for your money. It is not going to repay itself. For instance, let say you have a good size backyard and you want to add a pool. You interview several contractors and hire the one with the best quote. A few months later you tally your investment between $15,000-$25,000. Then, a month later you decide that you want to sell your home. You obtained several appraisers and all concluded that the pool’s added value was $5,000 dollars. You recheck you total investment and realized that you have over improved your home and as consequence lost $10,000 – $20,000. The lesson learned here, allow investment maturity. This will in some cases positively build your equity and perhaps a greater return for your investment. Keep in mind that not all improvements whether small or big behave in the same manner. This is due to the Real Estate dynamic environment and its influence on real property. The bottom line, do your homework! Carefully consider all the steps needed towards improving your property.
