Two Tips for Making Your Fixer-Upper Attractive to Buyers
It's a hard truth to face sometimes, but the reality is not all homes can be winners. If you have a house that needs work, you may have a hard time selling it. Here are two things you can do to make your fixer-upper home more attractive to potential buyers.
Highlight the Potential Market Value
Risk avoidance is typically a homebuyer's number one priority. They want to make sure they are getting a good deal for the tens or hundreds of thousands of dollars they are spending on houses and, at first glance, a fixer-upper home may seem like a losing proposition.
However, you can make your home more enticing by highlighting the different types of renovations they can do to the property and the value those upgrades can add to the home. For example, doing something as simple as replacing the front door can add 75 percent of the price tag of the door to the home's market value, not to mention the amount of money saved on energy bills. A kitchen remodel can add 67 percent of that cost to the home. Since the buyer will be getting ample use out of these items while living in the house, they're not really taking a loss.
Don't forget to showcase the home's positive features. If the home has unfinished basement space and hardwood floors, point them out. These two items can be renovated with minimum effort but provide maximum appeal to future buyers.
Invest in Minor Cosmetic Improvements
If you're selling your home as is, chances are pretty good you don't want to invest the money in fixing it up. However, you can still do minor cosmetic upgrades that can increase the house's curb appeal.
For example, painting the walls in a neutral color can cover imperfections and make it easier for potential buyers to imagine how they would decorate the space. Keeping the lawn neatly trimmed and planting a small garden will make the home's exterior look more inviting and, perhaps, get the buyers to focus more on how big the yard is rather than how worn out the roof looks. Minor repairs such as fixing leaky faucets, patching drywall, and repairing light fixtures can make the house look presentable.
Selling a fixer-upper home can be challenging, but people purchase these homes every day. Consult with a real estate agent like those at Sell 4 Free Real Estate Welsh Realty Corp for more tips on or assistance with selling your house.