When it’s time to sell your home, it is naturally to look around and try to figure out what needs updated and which improvements might make your home sell more quickly or for more money. Home improvement shows make it look easy, after all. However, there are some home improvement fails you should probably avoid if you want to sell your home and save money.
The Modern Kitchen
According to Remodeling, in 2014, homeowners recaptured about 74.2% of the cost of a major kitchen remodel. They list the example that if you spend $54,909, you will recoup about $40,732 when you sell your home.
A beautiful kitchen can draw in home buyers. However, keep in mind that while it might make your home more competitive with others on the market, you also are spending an additional 25% or so that you will not recoup when you sell your home.
You’ll also want to stay away from the modern look and stick with something more standard, such as white cabinets and granite countertops. Everyone has different taste, so if you go too modern, the kitchen might turn some potential buyers off.
You may adore that wall mural in your entryway of Tuscany. It fits right in with your wine bottle collection, after all. However, the potential home buy may hate Tuscany, hate wall murals, or both. When it comes to wall murals, don’t add one if you don’t already have one.
If you do have one, ask for some feedback if your home isn’t selling. You might find that some buyers don’t relish the prospect of painting over that wall mural. It might seem like a minor thing, but people often want a home that is move-in ready and simply painting over a mural with a neutral color that matches the rest of the room can leave a better impression.
Dark or Odd Paint Colors
Just as with the wall mural, if you paint your home in dark colors or non-neutral colors, you can be sure there will be some buyers who hate it. While burnt orange may look great with your furniture, the potential buyer may have a purple chair that she loves and just knows will clash with the walls.
One of the least expensive ways to freshen up your home before selling it is with a few fresh coats of paint. Stick with neutrals to keep everyone happy.
Do It Yourselfer
Unless you really are handy and your projects turn out looking professional, it is best to avoid any big do-it-yourself jobs before listing your home for sell. If it looks like an amateur did the job, the potential home buyer may cringe at the thought of having to redo a tile floor or backsplash.
When it comes to big home improvements or even little ones, it is best to weigh out the pros and cons before making any changes. If you’re unsure what might create a home that is more attractive to potential buyers, Daniel and Bonnie Wan will be happy to meet with you for a consultation and help you figure out how to present your home in the best light possible.