13 Feb Holding Real Estate to a Higher Standard
PHOTOGRAPHY BY DON C JOHNSON
For most families, your home is the largest asset you have in your portfolio. Unfortunately, most homeowners do not have a standard process for evaluating their home value. You may not be in a position to sell your home in 2015, but preparing your home for a future sale is still critical to maximizing your home’s value when the time comes.
Most homeowners read national trends for the home market. While those trends are important, state and city trends have more bearing on your home’s value. Helping you understand how the Forney area market is performing and trending will help you know how to maintain and position your largest asset.
Your neighborhood, specific floor plan or lack of updates can have a large impact on your home’s value.
Exalt Realty would welcome the opportunity to be your Real Estate Advisor for your largest asset. For those homeowners considering selling in 2015, below are a few tips from our agents on how to maximize your home’s value before placing it on the market.
1.) Curb Appeal and Land-scaping – This sets the tone for your potential buyers’ visit and could possibly increase the value of your home by 5-12%, as studies have yielded over the years. Fresh mulch, colorful plants, lush green grass and a warm inviting front door color can all lead to the biggest impact for setting the tone.Exalt Realty would welcome the opportunity to be your Real Estate Advisor for your largest asset. For those homeowners considering selling in 2015, below are a few tips from our agents on how to maximize your home’s value before placing it on the market.
2.) De-Clutter – You can visually enhance and increase the square footage of your house by removing some of the clutter that has accumulated over the years. Potential buyers want to visualize your home with their items instead of yours. Organize closets, pantries, cabinets, and utility rooms to optimize function and space.
3.) Let There Be Light – Maximize the light in your home! Good lighting is the one thing that every buyer cites that they want in a home. There are inexpensive ways to achieve this. Clean the windows, change the lampshades, increase the wattage of your light bulbs. Make your home bright and cheery. Buyers will be wowed and it will make your home more desirable.
4.) Bathroom Updates – It’s amazing what updated fixtures and a good cleaning will do for your bath when selling your house. Bathrooms have a great ROI, and in most cases you can update yours without spending a lot. Replacing outdated light fixtures, vanities, and faucets will help this important part of your home stand out. For an extra touch, display luxury towels and roll up a few to place with scented soaps in a basket on showing days to create an inviting space for buyers.
5.) Outdoor Living – The goal is to make an inviting place for you and your guests to linger and enjoy the beautiful Texas weather. Focus more on appealing function and less on purely decoration. A seating area with comfortable pillows and a simple coffee table can be a great start. Adding a small tabletop fountain can incorporate the calming rhythm of running water.