Usually, the most cosmetically appealing home on the market is the first to sell at a higher price. As I have mentioned, the real estate market has been rapidly changing, and demand has decreased considerably because of higher interest rates at around 7% on average. So, if you have been thinking about selling your home in the short or long term, it’s essential to keep it updated because once we put it out for sale, buyers will compare it to other homes on the market.
But what are the most beneficial upgrades regarding Return On Investment (ROI)? Here’s our top 5 list:
1. Believe it or not, a “refresh” of the most common spaces will be the best cost-effective project. Declutter, deep cleaning, a fresh coat of paint, and staging will do the trick. You must focus on the kitchen, living room, primary bedroom, and primary bathroom.
2. We all know that the first impression matters most, so focus on improving your curb appeal. All you need to do is clean the front of your home, add some new plants, a fresh coat of paint, and update your front door.
3. New flooring and paint throughout the home. It will immediately give a fresh feel to the property.
4. Remodel kitchen and bathrooms. Although these projects are a little more costly, they usually give sellers a 60 – 90% ROI.
If you are ready to sell but believe your home needs some updating, I am here to help! I have the White Glove service as part of the services I offer to my clients. This program is designed to provide luxurious and comprehensive home preparation services so that your home stands out from the competition. We can take care of anything your home may need, from painting to complete floor reconfigurations. And the best part is that there are no upfront costs! That’s right, you do not have to pay out of pocket to get your project going. You have up to 400 days to pay it back through the sale of your home.
This full concierge service includes a free and no commitment estimate, professional staging and design, high-impact upgrades, landscaping, packing and moving, temporary housing, strategic home renovations, virtual staging, valuation services, and furniture consignment.
White Glove is the ideal solution for elevating your property and your experience. In the end, luxury is not a price point but an experience, right?
Ready to take the first step into buying or selling your home? Just respond to this email! It would be an honor to help you reach your real estate goals and dreams!