Preparing Your Home for the Real Estate Market

Apr 29
07:25

2010

Martin Cooper

Martin Cooper

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You've made the decision, whether by necessity or for other reasons, to sell your home. As with any sale, you need to prepare your 'product' for the market place. This means more than doing a thorough cleaning, though that would be a fine place to start.

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The first place to start would be with those minor repairs that need to be done. Take a tour of your home's interior and look for those items that aren't quite up to par. You'll want to carry a note pad and pen with you to jot down these items as they are discovered,Preparing Your Home for the Real Estate Market Articles so that none are overlooked. Some things should automatically go on the list, like a fresh coat of paint in all the rooms, if you've lived there more than two years. But there are other things that may or may not be an issue in your home. Are there faucets that leak or no longer look their best? Has the flooring been damaged or significantly worn in any of the rooms. Are there any holes in the walls that need repair?

Once you have your interior list, it's time to do the same for the exterior. Does the siding or window trim need repair or replacing? Does your exterior finish need a fresh coat of paint or stain? If it is vinyl or steel siding, a thorough washing with a power washer should be done shortly before it is placed on the market. Some other items to consider would be the doors and windows. Does the garage door operate correctly? Do any of the window screens need repair? Do any of the doors need adjusting? If you have a deck or other outdoor entertainment areas, check them for needed repairs and updates to their finishes as well. And while you are outside, take a look around the yard. Is your lawn irrigation system fully functional? Are there areas of the lawn that need new sod or seeding? As you look over these repairs lists, take time to assess some of the items as to whether a simple repair will suffice or whether the additional cost of a full replacement of the item might be a better investment.

Once you have your repairs accounted for and underway, it is time to de-clutter. Start the process with your closets and other storage areas. Sort the items into two categories: things to keep and things to get rid of. Then make decisions about that pile that you aren't going to keep. Decide how they will be disposed of and put your plan into action. Next is determining what other items in the house can be moved into storage during the time your house is on the market. Pre-packing and putting as much as possible in a separate storage area away from your home will provide a much more attractive showing of your home.

Now you're ready to show your home to your real estate agent and ask for additional suggestions for improving the market appeal. Your agent may suggest some additional changes or investments that would increase the value or make an impact on potential buyers. For instance, updating your kitchen appliances can totally transform the appearance of your kitchen, a key selling point for many buyers. Listen to your agents advice and make any additional changes or improvements you feel you can afford. Then turn it over to him to make the sale.

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