If you’re planning to sell your home, your REALTOR® will walk through the space and talk to you about areas that could use a little improvement. Perhaps there are a few cosmetic issues you should fix, a couple of upgrades that could help your home sell faster, or a minor touch-up here and there – but if you’re like many people, you want to get a jump on things before talking to your agent. This guide explains three fixes you most likely don’t need to make if you intend to sell; that way, you can save yourself the trouble.
3 Improvements You May Not Need to Make if You’re Selling Your Home
First, know that if your home has any major defects, you should fix them before you attempt to sell. That will help you get the highest possible price for your home, and it can help you sell quickly, as well. With that said, check out these three things you probably don’t need to improve if you’re selling your home (though you should talk to your real estate agent if you’re considering them):
- Repainting in “trendy” colors
- Major renovations
- Upgrades your neighbors don’t have
Here’s a closer look at each.
Unnecessary Improvement #1: Repainting in Trendy Colors
When you’re selling your home, you want it to appeal to as wide a range of buyers as possible. That means everything in your home should be neutral – including the paint. Buyers don’t generally purchase homes based on the way a colorful accent wall looks, but they do often choose to skip over homes that seem extreme or like they’ll need quite a bit of work. That means if you paint your walls in trendy colors, buyers may only see the amount of work they’ll have to do to restyle the space.
Unnecessary Improvement #2: Major Renovations
For the most part, people don’t need to make major renovations to their homes before selling. Doing so could end up eating into your profits. Worse, if you make renovations that buyers don’t like, your house can sit on the market unsold for months. If something is majorly outdated in your home, talk to your real estate agent about what you should do. In many cases, offering buyers a credit so they can make the upgrades or renovations themselves is the best way to go.
Unnecessary Improvement #3: Upgrades Your Neighbors Don’t Have
Though there’s something to be said for having the nicest house in the neighborhood, you don’t want to overdo it. If your home is the only one in your neighborhood with certain luxury amenities, you may not get the return on your investment that you’re hoping for. If you’re considering any upgrades to your home before selling, you should consult with your real estate agent first period your agent can let you know what buyers are currently willing to pay for those types of upgrades, as well as whether they’ll pay off in your situation.
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