Everyone has advice about the real estate market, but not all of that unsolicited information is true. So when it comes time to list your home, you’ll need to separate fact from fiction.
Below I’ve identified the top three real estate myths — and debunked them so you can hop on the fast track to selling your property.
I need to redo my kitchen and bathroom before selling.
Truth: While kitchens and bathrooms can increase the value of a home, you won’t get a large return on investment if you do a major renovation just before selling.
Minor renovations, on the other hand, may help you sell your home for a higher price. New countertops or new appliances may be just the kind of bait you need to reel in a buyer. Check out comparable listings in your neighborhood, and see what work you need to do to compete in the market.
My home’s exterior isn’t as important as the interior.
Truth: Home buyers often make snap judgments based simply on a home’s exterior, so curb appeal is actually very important.
The good news is that it doesn’t cost a bundle to improve your home’s exterior. Start by cutting the grass, trimming the hedges and clearing away any clutter. Then, for less than $50, you could put up new house numbers, paint the front door, plant some flowers or install a new, more stylish porch light.
Home shoppers can ignore paint colors they don’t like.
Truth: Moving is a lot of work, and while many home buyers realize they could take on the task of painting walls, they simply don’t want to.
That’s why one of the most important things you can do to update your home is apply a fresh coat of neutral paint. Neutral colors also help a property stand out in online photographs, which is where most potential buyers will get their first impression of your property.
Hiring a professional to paint the interior of a 2,000-square-foot house will cost anywhere from $2,000 and up, depending on labor costs in your region. You could buy the paint and do the job yourself for $200 to $500. Either way, if a fresh coat of paint helps your home stand out in a crowded market, it’s probably a worthwhile investment. Get in touch with us if you are thinking of selling and want more advice! We can also connect you with our team of professional tradespeople!