Selling Your Cape Coral Home? Wait...Here Are 5 Do-It-Yourself Tips to Increase Home’s Value
Selling your home is all about getting what your home is worth. Especially for those who have spent years or decades living in their home, there may be things you've overlooked that can easily increase your home's value, often by a substantial amount. Before putting your Cape Coral property on the market, take a look at the following do-it-yourself projects. Sometimes, just a few changes can make all the difference in the selling price.
Knowing What the Buyer is Looking For
According to HomeGain's national survey of over 500 real estate professionals, there are certain home projects that will make a big impact on the potential buyer. Instead of spending your dollars on improvements that may or may not matter, we've got a highly targeted list of the 5 top improvement projects that have proven again and again to pay off for the seller:
- Kitchen Updates: Home improvements that boast the highest return from investment dollars take place in the kitchen and bathroom. If your kitchen is equipped with mismatched or outdated appliances, this is the perfect place to start.
From a buyer's point of view, they are going to be walking through your home with an imaginary calculator in their mind and there is no way to get around outdated appliances. You can clean them and insure they are in working order, but you can't hide the fact that they are over a decade old. Investing in a matching set of stainless steel kitchen appliances doesn't have to break the bank. If you catch a deal from Lowe's or one of the other major appliance chains, you can pick up a 4 piece kitchen set for under $2,000. Offering a home with all new, under warranty appliances is one of the biggest selling points and can do wonders to take the attention off of an otherwise outdated kitchen. Somehow, those cabinets from the 90's aren't such a distraction when surrounded by new appliances.
2. Bathroom Updates: Bathroom upgrades don't have to break the bank either. A pedestal sink has a clean, modern, beachy look and can be purchased with a matching commode for just at $400. This can be a quick fix for an otherwise outdated bathroom. Those tiny blue tiles from an earlier decade can look pretty charming when paired with some updates.
3. Painting Your Home's Exterior: In order to impress your potential buyers right from the time they pull into the driveway of your Cape Coral property, you may need to invest in painting the exterior. Sometimes a good pressure wash is all you'll need, but if the paint is chipped or fading, a fresh paint can take years off of the appearance of your home. In the potential buyer's mind, painting the home's exterior is a huge inconvenience. Realistically, you can either do the job yourself, or have it professionally done in one weekend.
4. Let the Sun Shine in: According to survey's, and we know this to be true from personal experience, a home without proper lighting is a hard sell. Potential buyers want light, bright, airy looking interiors. From a psychological standpoint, darkness is depressing so let the sun shine in.
Clean all of the windows on the inside and out and remove any furnishings or clutter that may be blocking natural lighting. Replace drab, heavy curtains or take them down altogether. If your Cape Coral property boasts large windows or a slider overlooking the canal, be sure to capitalize on this feature. Natural lighting is best, but also make sure all of the fixtures are in working order. Light fixtures or ceiling fans that are outdated should also be replaced.
5. Shampooing or Replacing Carpeting: One often overlooked improvement is the flooring. If your carpeting isn't outdated or too far gone, steam-cleaning is a minimal expense that can yield huge results. When a potential buyer sees stained carpeting, they automatically think about how much it will cost to replace it. By having the carpets professionally cleaned and stain free, you'll stop that invisible calculator that's in the buyer's mind.
Take these 5 top improvements and decide if they are applicable to your Cape Coral home. Even with these improvements, be sure to consult with a knowledgeable and qualified real estate agent to help you further assess whether or not your home is "market ready."
If you don't have a real estate agent currently, we'd be more than happy to assist you. We've been selling Cape Coral property for decades and we know what the buyer is looking for. Call our offices today. You'll be glad you did!