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Article #168: Selling Features And Upgrades

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In most markets today, buyers are more is very important. We all know about fuel
selective and demanding. There's more to costs...
choose from and they expect quality and Insulated windows are always a plus,
upgrades. You may be facing a dilemma as Typically, they pay for themselves in
to "what to fix first" or not having any five years, The cost: for an average
additional funds for projects. Below are 2,600-square-foot home, estimate about
the most important features when it comes $10,000 for new windows. Well-placed
to selling your home. I would be happy to skylights are also a good touch to add
walk through your home with you, and value.
point out your home's most important Decorating - Neutrals always work best -
"needed projects" also, give you easy and they make rooms appear bigger and
cheap tips room to room. Contact me brighter. However, we are in danger of
Kitchen - Putting in a new kitchen is going overboard with the minimalist look.
always a safe and predictable way to Put neutral colors on walls, floor and
spend money. Today, people like a big fittings, but introduce some color
kitchen with a lot of workspace. They through paintings, and soft furnishings
look for solid surface counters and to give your home warmth and appeal. Pack
high-quality flooring, such as wood, away as many personal items as you can
laminate, tile or stone. New/modern such as photos. Allow the potential buyer
lighting is also desirable and can to view the home as their own with no
completely change the feel of the mental obstructions.
kitchen. They want newer appliances in Natural materials - People like natural
working order. It helps to have a window materials. Ceramic tile, hardwood floors,
over the sink and being open to another granite. We've gone back to a real
room is quite desirable in today's appreciation for historically true
market. Not only will you add materials. And simulated works just as
considerably to the value of your home - well. The look is very popular.
you will also get a lot of pleasure from In floor coverings - especially bathrooms
it! or kitchens - look for ceramic tile or
Bathrooms - Buyers are looking for master wood rather than linoleum, which can tear
baths that give a little room to roam. A and be seen as "Cheap" Buyer's will often
big asset: spa or whirlpool tubs. It's a overlook an outdated vanity when they see
big selling feature. ceramic tile flooring. In the rest of the
Some other features buyers are seeking: house, wood or laminate products are a
separate showers with steam and/or plus over wall-to-wall carpet.
multiple jets, Newer fixtures, double But if you have carpet, it should be a
sink, and separate room for the toilet. good product and well maintained so that
Modern lighting, storage/linen space, a person doesn't have to walk in and
ceiling vent and heat lamp combination. think, 'I'm going to have to spend five
Master suites/Loft conversions - These grand right off the bat. If possible make
offer fantastic value for money, but room for a "Decorating allowance" for the
don't be tempted to squeeze two rooms buyer this way it doesn't hurt your
into a loft space. Instead convert the budget up front and comes out of your net
loft into a master bedroom with en-suite proceeds.
bathroom, a guest bedroom, a teenage Yard/Landscaping - There is not a lot you
bedroom or a family games room. What's can do with the size of your yard.
important is that you keep it as a large However, if you have an unsightly
room, giving your home instant 'wow' landscaping you need to spend money
factor. Buyers are very excited about A tidying it up. It will increase the value
well-appointed master suite. The wish of your property instantly. Make sure you
list: a luxurious bathroom, lounging include a deck or patio area. Smarten up
areas and walk-in closets, preferably his the front appearance and replace any
and hers. fallen boundary fencing. Remember to keep
Closets/Storage - Space is a huge selling the yard a focal point just as the
feature. Beyond the his and her closets, interior is. Families will be spending
buyers want to see SPACE! Make sure you time in the yard as well as the living
have removed all unnecessary items and room. Make landscaping and gardens child
your closets and linen cabinets are pet friendly if possible.
almost bare! A buyer WILL open your Study/Den - Nearly 8 out of 10 households
"Secret hiding places" Garages and attics now have a computer. This has created an
are also important. As long as they can essential need for a study in many homes.
envision their belongings fitting in YOUR Turning an under- stairs cupboard or a
home, they will be satisfied. There's section of your finished basement into a
only so much we can control. If you have study can be a great asset. But make sure
an older home chances are your closets it is away from the main living and
were designed for the days of "a few sleeping areas.
garments." Today's new construction Entertainment systems - Most new homes
allows added space to accommodate our are now pre-wired for surround sound and
fashion must haves and of course our broadband points. If you are thinking of
10-20 pairs of shoes EACH. having your house re-wired, remember to
Exteriors - Many people spend thousands include this at the same time. It will
improving the inside of their property save you a lot of money in the long term.
without giving any thought to the Basements - What used to be used only for
exterior - big mistake! If you've got an a coal shoot, work shop, storage, and
old roof and outdated paint, I don't care laundry, is now a living space! People
if you've updated the kitchen, bath and expect a rec room, finished walls and
added gold faucets, first impressions are flooring. If your basement is not
a must and can add as much as 5 percent finished, it should at least be DRY and
to 10 percent to the value of the home. clutter free. If your whole upstairs is
Roofs are expensive to replace and a good remodeled and modern, but the basement
roof is considered standard equipment in has water problems, THAT'S what the buyer
a house. If your roof has problems, will remember unfortunately. Add extra
expect to take a hit in the price. Before lighting, clean up what I like to call
entering the home, a buyer shouldn't see "Creepy corners." Glass block windows are
flawed porches, loose handrails, rusty now standard and expected. Be sure to pay
gutters or awnings. They will attention to the stairs leading to the
automatically raise an eyebrow to the basement. Paint, secure hand rails, and
rest of the home. If the exterior hasn't make it's as appealing as possible.
been maintained, they will wonder what Again, going back to first impressions.
else they're not seeing. If you know you've got to have something
Windows - People are looking at exposures fixed, fix it Otherwise, people will
and windows, It's been a cold winter for subtract the cost or not make an offer on
most of the country and energy efficiency the house.






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