You may have thousands of reasons for selling your home, but for the person buying it, there is only one reason to do so – because they like it. And it’s simply common sense to know that homes that look good attract the most prospective buyers and convert into sales.
So if you live in Louisville and are planning to sell your home, the first thing you must do is to ensure that it is in top condition. And if it’s not, then get down to making some much-needed repairs and improvements, because:
- Beauty is skin deep: No matter how practical your home is on the inside, if the exterior is shabby and unkempt, you’re never going to be able to find a buyer. So first things first – get your exterior spruced up and your lawn clean and free of clutter. Only then can you expect people to notice the FOR SALE sign on your lawn.
- First impressions are important: People going through your home with the intent to buy it are not going to be impressed when they see a house that’s been well-lived in but not well-maintained. They must be wowed by how good your house looks and by how comfortable it seems, and improvements go a long way in making an old house look new.
- Buyers don’t want to incur additional costs: When you renovate your home to make improvements, you save them the cost of giving the house a makeover. This gives them the feeling that they’re buying a new home for the price of one that has been lived in for a while, a psychological advantage that works for them.
- You can sell your home for a higher price: And most important of all, when you make improvements to your home, there’s no doubt that the asking rate goes up. You can hike up your price according to the going rate in your neighborhood and city.
When you plan to sell your home after an improvement project, it’s important to keep your renovation budget to the minimum. While you may want to go over the top and splurge on accessories and stuff that you think will add value to your home, putting in a pool or a bar is not the way to go.
It’s not only expensive but also difficult to maintain, and people are not going to pay a whole lot more for exclusive items like these. So when you embark on an improvement project in order to attract prospective buyers, stick to the basics that every home needs and leave the comforts and exceptions for the new homeowners to decide. Also, stick to what is common in your neighborhood because you cannot ask more in an asking price than the prevailing rate for that location.
What you can do however is to tell them of the options available to them so that they will be more interested in your home. Use not just your home to sell your home, but also your mind.
