The Home Remodels That Will Most Increase Your Selling Price

increase your selling price

So you are ready to sell, but you know that there are a few things in the home that could stand some updating in order to increase your selling price. Your remodel budget is limited, and you are wondering where to spend it. The good news is that there are some solid answers. But there are certain remodeling jobs that can increase your selling price more than others.

Whether you are getting ready to sell or simply want to remodel now for the best value when you do sell later, these are the remodels that give you the best return on investment.

The Kitchen

Remodeling the kitchen is one of the most important things you can do in your home, especially if the kitchen is dated. It is often one of the first rooms a potential buyer will see, and it should make an impression. The kitchen is often considered the soul of the home, and most people spend a good deal of time here. Upgrades to countertops, cabinets, and appliances are one of the wisest investments you can make in your home.

The Bathrooms

Second only to the kitchen, the bathroom is the room in the house where dated fixtures or flooring can cost you a sale. People want a bathroom that is clean, comfortable, and modern, a place of privacy and peace. Spending money on a bathroom remodel will almost always be the best way to spend your money, and you will see it in your selling price.

Curb Appeal

Getting people in to look at your house is the first step. Spending some of your remodel money on the exterior of the house and the landscaping is the best way to do that. Improving the look of the house from the outside means you can bring more people in to look and to buy. There is no underestimating the importance of curb appeal.

An Addition

With a small house, adding on square footage can mean adding a lot to the selling price. If you can swing it, an addition is a smart way to make your house worth a lot more money.

Remodeling your house now for a better sale price later is a smart move. The sooner you do it, the more you will be able to enjoy it before it is time to sell and move on. With these smart remodels, you will make maximum profit. 

Joe Schutt

Committed to representing your interests with the highest level of integrity, I am dedicated to service excellence focused on personal attention and building a solid trust relationship. I listen carefully and make my clients feel comfortable in exploring their full range of real estate options and then encourage them to relax and rely on my expertise to insure that the details run smoothly and efficiently. Google+

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Myth #1: If You Hire An Agent Who Will Advertise Your Home, It Will Help Sell Your House

Surely you’ve seen the ads. In fact, as a whole, they’re hard to miss. Newspaper real estate sections and the free real estate magazines you pick up in grocery stores and realty offices are full of page after page of nothing but house advertisements. However, decades of research show that less than one percent of buyers actually buy the house they called on from the ad. How can this be? Why would agents/brokerages keep paying for these ads, you ask? Well, keep reading.

Fact or Fiction?House ads are designed to serve agents and their brokerages, not maximize value for the consumer. When you select a real estate brokerage or agent based on the quantity of house ads they run, it’s a recipe for disaster. In essence, you’re selecting an agent by default, and in hindsight, I don’t think anyone wants to do that.

Agents who run house ads do so as an enticement for you to call them. When you call, the agent immediately knows you’re a hot prospect, and they begin asking questions about what type of home you’re looking for. They now have the opportunity to convince you they can help you find a match. As soon as you agree, you’ve selected your real estate agent by default.

In reality, consumers should be the ones doing the interviewing by calling agent and asking about their qualifications and experience. We all have access to the same property information, so anyone you work with should be able to find a match to your property. What you should be looking for in a agent is a match to your personality and style.

It’s important to me for my prospective clients to understand how the Multiple Listing Service (MLS) works. The truth of the matter is that more than 70 percent of all homes sold are sold through the MLS by effective real estate agents, not classified real estate advertising, or house ads. Additionally, those agents who consistently run tons of house ads often have less time and money to provide high-quality service.

Rather than advertising homes, my agents and I at Unit Realty Group choose to advertise ourselves and the services we can provide. We know long-term success in real estate is ultimately about developing a partnership with our clientele, and we don’t want clients to choose us by happenstance. This creates a win-win situation in that consumers who choose us as their real estate professionals have a knowledgeable sounding board for any questions that might arise at any time. Much like having a family doctor or lawyer, many savvy consumers prefer to have a Realtor® with whom they have developed a relationship long before they need to buy or sell a home.

So when selecting your real estate agent, pay no attention to who is running the most house ads. Agents who tell you they’ll advertise your house are only serving their own needs, not helping you. If at the listing presentation the agent promises to advertise your home, they’re doing so primarily for their own personal gain, leaving less time to focus on doing the most effective things to get your house sold.

Joe Schutt

Committed to representing your interests with the highest level of integrity, I am dedicated to service excellence focused on personal attention and building a solid trust relationship. I listen carefully and make my clients feel comfortable in exploring their full range of real estate options and then encourage them to relax and rely on my expertise to insure that the details run smoothly and efficiently. Google+

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