Warning: include(/home/content/t/o/n/tony4greathome/html/wp-content/plugins/wp-super-cache/wp-cache-base.php) [function.include]: failed to open stream: No such file or directory in /home/content/67/3133667/html/wp-content/plugins/wp-super-cache/wp-cache.php on line 65

Warning: include() [function.include]: Failed opening '/home/content/t/o/n/tony4greathome/html/wp-content/plugins/wp-super-cache/wp-cache-base.php' for inclusion (include_path='.:/usr/local/php5/lib/php') in /home/content/67/3133667/html/wp-content/plugins/wp-super-cache/wp-cache.php on line 65

Warning: include_once(/home/content/t/o/n/tony4greathome/html/wp-content/plugins/wp-super-cache/ossdl-cdn.php) [function.include-once]: failed to open stream: No such file or directory in /home/content/67/3133667/html/wp-content/plugins/wp-super-cache/wp-cache.php on line 82

Warning: include_once() [function.include]: Failed opening '/home/content/t/o/n/tony4greathome/html/wp-content/plugins/wp-super-cache/ossdl-cdn.php' for inclusion (include_path='.:/usr/local/php5/lib/php') in /home/content/67/3133667/html/wp-content/plugins/wp-super-cache/wp-cache.php on line 82
tips for home sellers

Posts Tagged ‘tips for home sellers’

Four Upgrades To Avoid When Preparing Your Home For Sale

Friday, October 15th, 2010

If you’re thinking about putting your house on the market and want to stand apart from all the other homes for sale in your neighborhood, there are a few things you can do; remodeling a bathroom or kitchen is always good. But be careful to stay away from certain pitfalls that could derail your chances for a quick sale at a price you like.

While making improvements is always good, you don’t want to overdo it. If you spend a ton of money remodeling, you’ll probably never recoup your investment. Plus, with the economy the way it is these days, you most likely don’t have a bunch of extra money to throw into a house you’re leaving.

Real Estate experts agree that small things like new countertops and appliances in the kitchen, simple bathroom remodels, and energy-saving improvements will pay off in the long term. However, they also agree there are several upgrades that aren’t worth your time – or money.

Below are four upgrades experts say to stay away from when it comes time to prepare your house for sale.

From Investopedia:

1. Over-the-Top Improvements
Before you invest tons of money in an elaborate full-house renovation project, consider what the competing properties in your neighborhood have to offer. While you want your house to stand out from the competition, you shouldn’t make unwarranted upgrades that greatly exceed other properties in the area. Not only will you end up losing money, but you may even scare off potential buyers.

Find out how similarly priced homes in your neighborhood measure up, and make improvements based on your specific marketplace

2. A Swimming Pool
Believe it or not, a swimming pool rarely adds value to a home in this day and age. First of all, it usually costs a small fortune to have an in-ground swimming pool installed. Secondly, you’re probably not going to recoup your investment. Why? Because many homebuyers view an in-ground swimming pool as a high-maintenance hassle and safety hazard.

3. Replacing A Popular Feature
Before you consider making a major home change, such as converting your garage into a game room, take a look around. If every other home in your neighborhood boasts a two-car garage, you should probably think twice. Do you really want to be the only house in the area with no garage? Most homebuyers would prefer to have a sheltered place to park their car than a room to play ping pong and darts.

4. Daring Design
We all want to design and decorate our home so that it reflects our unique style. However, if you’re trying to sell your home, now is not the time to incorporate bold design choices into the décor. If your home already beams with your eclectic tastes, try to tone it down before you plant that “For Sale” sign in the front yard. Homebuyers should be able to imagine themselves living in your home.

Upgrades To Avoid When Selling