The Key to Home Valuation
An average realtor will tell you what your home may be worth right now. An exceptional realtor can tell you both what it is worth in its current condition as well as what it could be worth with various improvements. At Joe’s Dream Homes, we will advise you on the improvements that most effectively balance cost and effort with time on the market and property value. We will then combine various marketing strategies to ensure the property sells as quickly as possible. Above all, this is our specialty. Here are some important considerations when it comes to putting an estimated value on your home:
The First Sight: Appraisers can knock off hundreds, even thousands of dollars from your home’s value just for having a poorly maintained yard, stained carpet or unanswered maintenance questions. More importantly, those same issues can cause doubt for your potential buyers about the condition of the rest of the house, and are often the reason that they decide not to make an offer.
Small Subliminals: You may not have to remodel the entire kitchen to sell your home. Changing out your old brass faucets or door handles for more updated brushed nickel or burnished bronze can make a huge difference. Similarly, adding doorknobs or wood doors to your outdated cabinets can make them look new at a fraction of the cost. In some communities, granite countertops, tiled floors, new paint, carpet or wood floors can be the upgrades you need to reach a whole new group of buyers.
Address the Mess: Clutter isn’t just an eyesore; it will cost you money too. Many experts say that a clean, clutter-free house can appraise 10 percent higher than the exact same messy home.
Out With the Old In With the New: An old TV or a ragged piece of Grandma’s old furniture can make an entire room look dated. When it comes to selling your home, look at all your furniture and belongings objectively, not emotionally.
The Naked Truth: Is there any other kind? Carpet on top of carpet is a dead giveaway that there’s a stain underneath. You don’t want to give the appraiser or homebuyer the impression that you’re trying to hide something.
Remove Excess Furniture: In most cases, the cost of temporary storage will be more than covered by the realized gain in your home valuation. Maximize your space and how it’s perceived. The less furniture you have in a room, the larger the space looks.
Show Property in its Best Light: If there is a feature in your home that’s special, point it out. Open the shutters for a beautiful view. If you have a phenomenal walk-in closet, keep the door open for the potential buyers to see it upon arrival.Everything in Your Home Should Work: If something doesn’t work properly, you only have three options: Replace it, Fix it, or Remove it. When appraiser and buyers come to see your home, it will be a hands-on experience. If there’s a door, button, or knob that’s broken or loose, fix it.
Are you ready to sell? We’ll provide a free in home consultation and market analysis. Schedule your valuation today.