When it comes to making home improvements in order to sell your home more quickly and at a higher price, the most important consideration is whether or not the project will have a greater finanical impact on the offer than it did on your wallet. If it's a DIY, you must also monetize your time in order to determine whether or not the project is worthwhile. Here are 5 inexpensive DIY projects that can add a great deal of appeal to your home and likely attract more buyers.
1 - New Paint. You've heard it before but we'll say it again, new paint can dramatically change the look and feel of a home. Plus, there's just something about that new paint smell that makes a home feel fresh. Stick with neutral, warm colors that will appeal to a broad variety of potential buyers. Pinterest has no less than infinity suggestions for the perfect paint color!
2- Crown Molding. Crown molding adds a simple element of luxury to a room that can subtly make buyers feel like the home is worth more. You can purchase decorative strips from your local hardware store and have them cut to the measurements of your room, or for a lower cost you can buy unfinished strips, cut and paint them yourself. But be prepared, if you do the cutting yourself, the project will require a little brain power and a bit of math!
3- Replace your front door. We all know first impressions are critical, so if the entrance to your home doesn't welcome potential buyers, it will be harder to impress them once they're inside. Take a drive around a neighborhood with nice, recently built homes a little above the price range of your home to see some new and popular styles. Selecting one of these styles will help give your home a more updated feel!
4- Replace hardware and fixtures. This is the easiest and least expensive upgrade on the list, but it often gets overlooked. When you've lived in your home for many years, you get used to the look of your hardware and fixtures, and may not notice that they're making your home look dated. Take a stroll through a couple of open houses for recently built homes and get some style ideas for new cabinet doorknobs, drawer handles, curtain rods, outlet covers, light plates, and bathroom hardware.
5- Install Ceiling Fans. Spring and Summer months are when the real estate market really picks up, so it's the perfect time to make this upgrade. Not only are ceiling fans great for energy efficiency, something LOTS of buyers are focused on, but the circulation of air helps eliminate odors and keep rooms feeling fresh and comfortable. Who doesn't want to take a nice summer nap under the gentle breeze of a ceiling fan?
These 5 DIY improvements are quick, easy and inexpensive, but they will make a remarkable difference to potential buyers. For more tips on how to sell your home quickly and for a higher price, reach out to one of our experts, 617-236-0353.