If you’re considering putting your house on the market, it’s never too early to start figuring out what it will take to make your home irresistible to prospective buyers. Common thought as i’ve shared in my previous post, is that a home owner must do everything from A-Z to make their home attractive to potential buyers. While there is a case to be made regarding that thought, the current market does NOT support that belief.
We recently listed a home for $828,000 in the city of Monrovia. Within two hours of being actively on the open market we had received 2 offers and 24 hours later we had 7 in had. For our clients (sellers), this was enough to shut the door and evaluate the offers in hand, all at or above listing price. Take a look at the photos below, as you can see there wasn’t much done prior to listing. Other than a cleaning and certain safety mandated upgrades the total dollar amount prior to listing was less than $1,000.
In THIS current real estate market the reality is that what was deemed “necessary” in the past is not the case now, there are SO many buyers out there that they are willing to look past the cosmetic aspect of the home in fear of losing the deal.
If making improvements is something you would want to still do, my advice would be to make improvements you know you’ll enjoy. But no need to go over the top.
Also, when you are ready to begin planning the selling of your home, get the advice of an experienced realtor, preferably me, and they can hell you find out how to increase your home value and marketability. They will use their knowledge of your local market to help you focus on which home improvements will do the most to increase your home’s appeal — upping the odds of getting solid offers soon after your listing hits the market – a key factor in getting the best price.