Thinking of selling your home in 2015? You’re not alone. According to the National Association of Realtors, about 5.3 million homes will be sold this year. Homeowners know that if they want their home to stand out among all these other homes for sale, it’s worth it to put a little work into it before putting it on the market.
On average, pre-sale home improvement can increase the sales price of your home by about 12%. “With median single-family home prices hovering at about $205,000, that’s a potential gain of $24,600,” according to Consumer Reports.
So what rooms should you remodel to increase the value of your home before you put it on the market? Learn about the two most important ones to give some love to in this week’s blog.
Pre-Sale Home Improvement Projects
The kitchen is usually considered to be the most important room in the house to give attention to before you put your home on the market.
If you’re looking to make a fast sale, you don’t have to give it a major overhaul. But, you should do things like minor repairs you’ve been putting off, give the walls a fresh coat of paint, and update cabinet hardware and old fixtures and curtains. These improvements are affordable and will give your kitchen a breath of fresh air that buyers will appreciate.
If you’re planning on selling in a few years, or if the kitchen is very behind the times, it might be worth it to invest a little more. This includes things such as new countertops, floors, and appliances. These will add more value to the kitchen, and you can enjoy them yourself until you sell!
Next to the kitchen, the bathroom is the second-most important room to give some pre-sale TLC to. Consumer Reports found that 42% of real estate professionals “said the bathroom is one of the most important rooms of the home to have in good shape.”
New fixtures, paint, caulk in the tub, and new grout in the tiles are quick upgrades any homeowners should perform. As for color, a neutral white or gray is usually best. Bold colors can turn some buyers off.
If you want to invest more, consider new flooring, a toilet upgrade, and a vanity countertop upgrade.
Pay Off Your Bills and Remodel Your Kitchen and Bathroom Today
Are unpaid bills and debts preventing you from doing the home improvement projects you need? With a loan from Your Project Loan, you can pay off your bills and tackle projects at the same time! It has never been easier to take on your debt and home improvement projects with just one loan. Contact us today or fill out a simple 60-second loan application to learn more!