Small Home Improvements – Spend a Little, Make a Big Difference

Home improvements can be a way to both increase the value of your home and to simply make living there more comfortable and enjoyable. But do you have to do a major remodeling job to accomplish that? Well the answer is no.

In fact if you’re considering a major improvement like a room addition or a complete remodel of a kitchen or bathroom, you may want to stop a moment and figure out how that’s going to impact on the value of your home. If you’re planning on staying in the house then it really doesn’t matter but if you plan on moving at some point, then you don’t want to overbuild. If you addition makes your home the most expensive on the block, you’ll have a more difficult time selling it than if you had made smaller changes.

An example of a small change that also has a great return on the investment is a steel entry door. If you haven’t looked at these recently you’re going to be surprised because they don’t look anything like steel. They come in a variety of attractive styles and mostly resemble rich hardwoods.

Thanks to the steel door’s appearance, security, and durability it has a return on investment of nearly 130% according to Remodeling Magazine. That’s pretty amazing when you consider that most home improvement projects will only return 8% of the original cost.

Following the steel door as the top small home improvement projects were adding an attic bedroom, adding a deck, minor kitchen projects like new counters or new flooring, and replacing siding. With the exception of the siding and the electrical and plumbing parts of the attic bedroom, these projects are pretty much do it yourself capable.

Here’s a couple of more ideas that can change the look and feel of the house without costing a fortune. Lighting can make all the difference in a room. If you have standard overhead fixtures, consider swapping out for track lighting. You’d be surprised the difference it can make in a kitchen. Also splurge on high end fixtures. Get really nice towel hangers for the bathroom and update the faucets.

If you’re planning on selling right away, invest in some landscaping. Curb appeal sets the tone for the whole sales experience. Nicely trimmed shrubs and a well cared for lawn goes a long way in setting a favorable first impression. Make sure the front yard and porch are clear of litter and anything that can detract from the house.

So think small home improvements for both adding value and making your home a more enjoyable place to live.

Small Home Improvements For a Quick Sale – Sell House Fast – Real Estate Education

When preparing your home for sale, the small improvements count to make you sell quicker!

To the seller, it may be more of a nuisance to fix a piece of wood rot, replace carpet, or paint some exterior trim. To the buyer it looks to them that this is deferred maintenance. They see some rot, and then begin to think, “What else have the sellers not taken care of?” Then they start picking apart the house instead of saying, “Wow this seller really takes care of his house.”

Also, the buyers think that it costs a lot more to do the improvements than it actually does. Replacing carpet may only cost $2000 – $3500, but a buyer may think it costs $5,000 – $10,000. Most buyers these days have enough money for their down payment or closing costs, but not both. They certainly do not have cash set aside to make these improvements after closing.

Most buyers I see in the market want to move into a house and do nothing. I had a listing recently where I advised them to repaint the exterior trim. I got a quote from my painter, and it was $3500. My seller was resistant and said that he would negotiate that in the contract if necessary. We later had a potential buyer come look at the house for a second time. I called to get feedback and the agent told me the biggest drawback to the buyer was that the exterior trim needed to be painted. To the buyer it was a huge deal and he thought it was too big of an undertaking. I told the agent I had a quote for only $3500 and they came back to take a third look.

Had we prepared the house perfectly prior to listing, and painted the outside, we could have possibly received the offer on the first or second look. The moral of the story is if there are things that you know need to be updated, fixed, or improved, do so before listing. It is going to make your home show better, sell quicker, and quite possibly sell for more money!

Nina Harris and The Suits Team with Keller Williams Realty Peachtree Road collectively have over 10 years real estate experience in the Atlanta market. Year after year they sell 50-75 homes, rank in the top 5 in their office, and continue to be top producers within Keller Williams Realty.