You can’t think of staying in your current living space for too long. Certain life events necessitate selling it off in favor of a new one that aligns with your priorities. Perhaps you’re looking to switch careers and have to move in close to your new workplace or you’re planning to add a new member to the family. No matter the case, selling your property will always be on the table. You just have to make sure it’s going to sell fast and at a reasonable price.
Thinking about the extra cash you need to finance your new home, you will need to consider improvements that are guaranteed to draw in motivated buyers who are more than willing to match your price range. It won’t be easy if you’re in a market with a great deal of selling activity. By focusing on the improvements that matter, you can make the most out of the sale so you can transition to the next chapter with more time and money to spare:
1. Focus on Improving Curb Appeal
Considering the number of homes that are up for sale in your neighborhood, you will need to make sure your property has a fighting chance in attracting buyers who are eager to match your asking price. It matters to focus much of your time and resources on enhancing your home’s appearance from the curb. Great curb appeal makes all the difference in getting your home the attention it deserves, so consider giving the exterior walls a fresh layer of neutral paint.
Also, consider fixing up your lawn by trimming the grass at an optimal length and cutting off overgrown branches. Other than, you should also invest a total overhaul of your roofing system to give your home a more high-end appearance. The same can be said for your garage. If you’re in Alberta, reach out to a Calgary garage door repair service if you’re looking to upgrade your driveway in a bid to complement the rest of your home’s exterior appeal.
2. Go for Kitchen Upgrades
For interior improvement, it matters to focus on areas on which most buyers base their decisions. One of these is the kitchen. Younger buyers are more drawn to a kitchen that has a large layout, allowing optimal space for ventilation and movement. What’s more, many of these buyers are eager to pay top dollar for a home that features energy-saving appliances, especially ones with functionalities that coincide with smart home concepts.
Refurbishing the kitchen should also include replacing the flooring with a material that could last a lifetime and opting for additional fixtures such as a countertop or kitchen island. Built-in ovens and stoves as well as custom hardwood cabinets are also major deal-makers so you should consider these as well in your planned renovation.
3. Spruce up the Bathroom
Even if you have a cozy bedroom and a large enough living room, most buyers might be turned off by the presence of outdated bathrooms. Younger buyers, in particular, will want to live in homes where they can experience spa-like pampering. A basic bathroom might fall short of matching these expectations, so consider upgrading to a more sophisticated concept.
For the shower area, go beyond porcelain tiles and replace the walls and floor with granite.
Standalone bathtubs and toilets fitted with sensors and an automatic flushing system are also effective draws. You can go all out by adding heater floors as well as smart technology that includes faucets with motion sensors and virtual mirrors. The overall cost might be too much but these upgrades are guaranteed to attract high-value buyers.
4. Include Lifestyle Features
For many high-value buyers in today’s market, listings that feature amenities that align with their personal and professional needs are must-haves. Consider yourself fortunate if your home already comes with a dedicated space perfect for working remotely or running a business. It’s also a major consideration among these types of buyers to view a home that has a fitness center and a leisure space. .
Whichever the case, it matters to know what features are the most sought-after in today’s market. That way, you can set aside the time and resources to convert empty rooms into lifestyle spaces big enough for the new occupants to use and convert to their liking.
Endnote
You still have enough time to spruce up your home before the next real estate selling season, so consider these essential tips to make sure it sells fast and at a high rate of return.