As HGTV points out, home projects that pay off the most when selling your house are the kitchen and bathrooms. Unfortunately, these are also the home improvements that cost more and take the most time. If you need to sell your house quickly, large-scale remodels of these key areas probably won’t fit your time schedule.
All is not lost, however, because there are plenty of home projects you can complete in a week or less that will give you a better chance of a quick sale. The Renovation Roadmap offers all the tips, checklists and plans so that you can drive towards your deadline without fear of compromising your desired Close date. You can even see a webinar on kitchen remodeling ideas.
Our guest blogger, Suzie Wilson offers real-world advice from her life as a Realtor and author/blogger at Happierhome.net. Here are areas where she recommends you focus:
Kitchen and Bathroom
Hold on, didn’t you just hear that the kitchen and bathroom are a no-go given your time constraints? Well, yes, if you’re talking about a full renovation. But there’s still a lot of upgrades that you can complete quickly. In the kitchen, you can repaint cabinets, replace handles, update faucets and buy new appliances. Stainless steel appliances are currently in fashion, but check on current trends before you buy. This Old House has some tips on quick projects for the bathroom. Again, the faucets are a great place to literally add some sparkle, but you might also consider retiling, repainting and updating shelves, towel rails and the medicine cabinet.
Staging can be a quick and easy home project; although; some aspects can be somewhat time-consuming. For example, it’s a good idea to replace any worn carpets and furniture, while a fresh coat of paint in every room will cover up marks and stains to help the whole house seem new. After that’s done, declutter the house as much as you can: sell, donate, or put items into storage. Remove any personal items like family photos and fridge magnets to try to make the house as generic as possible. These steps will help people imagine the house as their own. Finally, clean the house from top to bottom; professional cleaners are usually a good investment.
First impressions count for houses as well as for people, so curb appeal is crucial. If your home looks shoddy from the outside, people might not even come inside to look around. If you can wow them from the start, they might overlook a few discrepancies in the interior. If your door’s looking old, replace or repaint it and replace the number while you’re at it. You might also choose to get the exterior walls cleaned or repainted, as well as your fence if you have one. Then get to work on the front garden. Cut the lawn, trim the hedges, and if you have time, transplant some plants.
Setting Your Price
To get a quick sale, you’ll probably need to undercut the market somewhat, unless your house is particularly attractive to buyers due to its location, square footage, or some other feature. Either way, you’ll need to do some math to calculate the profit you’ll make at different price points. To do this, take your sale price, deduct your outstanding mortgage plus the cost of the planned home improvements and then deduct the realtor’s commission plus any property tax you have to pay. Redfin has a calculator you can use to get an idea, but check with your realtor to get accurate tax and commission rates.
It’ll take a bit of work, but you could have your house looking almost brand-new in a week or two. And while you won’t get the same bang for your buck that you’d get with larger remodels, you’ll still be able to make your house much more attractive to your potential buyers.
Using remodeling checklists like the Renovation Roadmap helps you make the most of your time and ensures all your projects complete on time and look as great as your vision. Time is of the essence, and the earlier you get started, the more you’ll be able to accomplish! Where will you start?
About Suzie Wilson
Suzie Wilson’s passion is in helping people organize and style their homes so they’re not only beautiful but offer a relaxing, stress-free environment for every member of the family. Find out more at her site: HappierHome.net.
About the Renovation Roadmap
If you want to make the most out of your quick sale projects, then let’s get started – join our online renovation planner, Renovation Roadmap, for a self-paced program that helps you stay on budget and on schedule. You will not only learn how to get through your home renovation projects, but stay sane too – at every step from conception to completion.