If you’re selling your home in Ellicott City, you may be thinking about making a few renovations, upgrades or improvements to boost its resale value – and if that’s the case, here’s what you need to know.
3 DIY Projects That Can Bring You Cash at Closing
While not all home improvements pay off at the closing table, some pay off in other ways – such as a faster sale, more potential buyer interest, or buyers being willing to make trade-offs to get your home. While ultra-luxe touches (like a fully equipped home theater) may not improve your return on investment, practical projects can.
So where do you start?
First, talk to your REALTOR®. He knows what’s selling in Ellicott City and what buyers are asking for but not getting from the homes currently on the market. Your agent might suggest one (or more) of these DIY projects to improve your home’s resale value:
- New or refinished kitchen cabinets
- Expanded outdoor living space
- Extra storage space
Here’s a closer look at each.
DIY Tip #1: New or refinished kitchen cabinets
If your cabinets are already in good shape, they might just need a fresh coat of paint or stain to look new again. Fresh colors can transform the entire kitchen. However, sometimes cabinets can’t be “refreshed.” In cases like those, it may be a good idea to replace them entirely.
Pro Tip: This might be a job you want to hire a professional for. If prospective buyers see a sloppy paint job in your kitchen, it’s going to make them wonder what else is sloppy around the house – and it could even cost you a sale. A good paint job takes a while (it’s not a morning project), so if you can’t dedicate yourself to make it great, it may be a good idea to call in the pros.
DIY Tip #2: Expanded outdoor living space
While you should always spruce up your curb appeal before you list your home for sale, you might want to consider turning some outdoor space into living space. That means adding touches that make people want to spend time there – patio furniture, a grill, a covered area for inclement weather or sun shade, and a fire pit are always great ways to expand outdoor living space.
You don’t have to build an entire deck. You can make most of these additions in the grass or over stone pavers in your backyard. You should talk to your real estate agent if you’re thinking about adding outdoor living space; that way, you know what’s selling and what’s not before you dive in with both feet.
DIY Tip #3: Extra storage space
Everybody wants more storage, but how do you get it without sacrificing living space? You look for odd spots, like recessed areas that aren’t being used for anything but decor. You can add a pantry, build storage into your garage, or even put in closet organizers to give prospective buyers more room to stash their belongings. Adding storage space can be a valuable asset when you list your home for sale in Ellicott City and the surrounding communities.
Are You Selling a Home in Ellicott City?
If you’re thinking about selling your home in Ellicott City, I can help. Call me at 443-955-1227 or 410-465-5822 to discuss what needs to happen so you can sell quickly and at the right price!
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