Home Presentation Effects Price
Staging your house for sale can increase its value
A great deal of emphasis has been put on the proper staging of your home. Home sellers often state that there is nothing wrong with their home. So obvious damage, or shoddy repairs go overlooked. Messy living areas seem like the norm. Vendors have very little comprehension about how these items affect the price of their home.
Here is a list of how some relatively minor issues can reduce the price of your home.
Cracked or pealing paint can reduce to the value of your home anywhere from $1,000 to $10,000 depending on the severity of the damage. To put this in perspective the average homeowner can paint their whole house for approximately $500 to $1,000 in materials.
Untidy living areas are quite possibly the most common deterrent to the sale of a home. I have seen homes loose $500 to $20,000 because of the untidiness of the home. Clothing littering the floors, pet debris, overflowing garbage are just a couple of the items that potential homebuyers are unwilling to look past. Beside the relative ease of cleaning up the mess makes having a clean home essential to selling your home.
Mould or mildew which can sometimes be mistaken for mould can cause potential homebuyers to walk right back out of your home. Simple fixes like replacing caulking around windows, sinks and bathtub areas to prevent excess moisture can save you headaches during the sale process. This is one of those issues that can make or break the sale of your home depending again the severity of the issue. It is an issue that can cost homeowners from $250 to being unable to sell your home entirely.
Exposed wiring can be a major safety concern. So missing switch covers and electrical outlet plates can seem like a major issue to potential homebuyers. This should not be a major deterrent to the sale of your home, but it is an issue that can crop up. The overall reduction in value in minor, ranging from $100 to $1,000 meaning this is more of a hindrance to the sale of your home.
Clutter can be a huge distraction to the sale process. Personal pictures, large collections, nick-knacks and excessive furniture or books can make the home look cluttered and small. This makes it difficult for buyers to visualize the home the way they would like it. Clutter costs money, in the range of $1,000 to $20,000 in severe cases. The reason for this is that it leaves areas of the home hidden, visualization of the empty space difficult and it is hard to keep a cluttered home clean.
In most cases with the minimum of fuss vendors can stage their home for sale to maximize the value of their home. By applying some paint, cleaning, de-cluttering and fixing any damaged areas homeowners can be more confident about the salability of their home. So take a look around your home with a buyer’s eye to determine the areas that need improvement as you prepare for sale.
