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How to Make Your Home More Appealing to Buyers

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How to make your home more appealing to buyers

Whether it’s a “buyer’s” or “seller’s” market, homebuyers will always have options when looking for homes in their preferred price range. Even in markets where home inventory is low, buyers can be patient and picky: very few of them are going to settle and pay full asking price for a home that doesn’t check many of their boxes. As a home seller, this means the ball is in your court. Prior to listing, your goal is to make your home the most appealing it can be so that you can get the highest possible offer for your property.

 

In this article, we’ll review some of the best value-boosting remodeling projects, discuss disqualifying factors you should address before listing, and evaluate the true value of making a good first impression. Let’s dive in:

Get a better ROI out of your remodeling project

There’s no hotter buzzword in home remodeling than “return on investment”, or “ROI.” You can’t watch a home remodeling TV show without hearing it about a dozen times. ROI is especially relevant to homeowners who are planning on selling their home because no one wants to sink thousands into a property months before they walk out the door. You want some degree of assurance that some of that value is going to come back to you when you list your home at a higher price and get better offers from buyers.

 

Amongst all the upgrades you can make to your home prior to listing, we recommend upgrading your kitchen and bathroom. You’ll see a high degree of ROI from both of these projects.

Eliminate any disqualifying factors

Your home just isn’t going to click for every single buyer out there. After all, there’s no accounting for taste: just because most buyers love your new quartz countertops doesn’t mean that every buyer will.

 

However, you should consider addressing any aspects of your home that might be universally unappealing for buyers or potential deal-killers. Here’s just a few of them to watch out for:

 

  • Aging HVAC Systems: No buyer wants to purchase a home where they have to worry about the air conditioner or furnace dying in their first year of owning the home. If you have an air conditioner that is starting to have problems, you might have trouble getting traction on your home sale until you replace them.
  • Roof Problems: Many states require sellers to disclose any past roof issues or water damage. However, even if yours doesn’t, it will still come up during the home inspection. Nothing kills a sale quite like existing roof problems. Have a professional roofer repair or replace your roof for a clean bill of health.

You only get one chance at a great first impression

For most buyers, the first look they get of your home is online. Home listing sites have dozens, if not hundreds, of available homes for buyers to scroll through. The buyer has already set filters for price and other preferences, so when they click on your listing, they’re probably going straight to the photo slideshow. They may only spend a couple of seconds here: making a good first impression can really make all the difference.

What are buyers looking for?

This is where that kitchen or bathroom upgrade can really be key. Most realtors agree that buyers in the millenial age group—the single largest group of homebuyers today—see upgraded kitchens and bathrooms as a must-have, with a preference for open floor plans that make the kitchen the center of home life.

The connection between curb appeal and maximizing your home’s value

The pictures of your new kitchen or bathroom may be just what it takes to get that prospective buyer to favorite your listing or send it along to their realtor. With dozens of buyers doing this, you’re going to see an uptick in buyers touring your home and—eventually—solid offers coming in for your home. Once you get the offer that’s right, you can move forward knowing that your effort and foresight helped you maximize the value of your home.

Pitfalls When Selling Your Home

Pitfalls? “But I just want to move up/ pare down and I KNOW my home is worth XXXX amount after all the upgrades we have put into it over the years!” Sound familiar?

Every real estate agent has heard this a time or two. Yes, we get it. You have a beautiful home, made fabulous memories and saw a home similar that went for tons of money. But, as real estate agents we are here to guide you to what the current market can bear. And, unfortunately that may be nowhere near what you have in your mind.

But you must also ask yourself, how fast do you want it sold? We ran into a graphic from realtor.com that pretty well explains the need for pricing your home correctly and RISMedia wrote a short post on it as well located at http://rismedia.com/2016/08/09/perils-of-overpricing/). You see, in the first few weeks your home is on the market, you may receive your asking price – even better. But as time goes on, the likely hood of you receiving your asking price dwindles. Take a look at real numbers:

Also remember how you felt when you bought your home many years ago. You loved it, right? But still you wanted to pay a fair price. Did you go see homes that were overpriced? I’ll bet not – and neither will buyers for your home come to see your home if it is not priced right.

But then again, you are a smart seller – otherwise you would not have a realtor to guide you in the current market, the proper price and even a price reduction if we ever need to. We are here to get the best price on your home the market will allow and help you in all the process along the way until your home is sold!

4 Bedroom 2.5 Bath updated home in a great neighborhood has it all. 12526 Goodwood


This updated home in a great neighborhood has it all


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Description

$210,000
Single Family Home
Main Features
4 Bedrooms
2 Bathrooms
1 Half Bathroom
1 Unit
Interior: 2,440 sqft
Lot: 13,376 sqft
Year Built: 1974
MLS #: 2015015339
Location
12526 Goodwood Blvd
Baton Rouge, LA 70815
USA
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Large 4 Bedroom House on Corner Lot – 9403 Redwood Dr


Large 4 Bedroom House on Corner Lot


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$149,900
Single Family Home
Main Features
4 Bedrooms
2 Bathrooms
Interior: 2,246 sqft
Year Built: 1974
MLS #: 2015014575
Location
9403 Redwood Dr
Baton Rouge, LA 70814
USA
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Beautiful 3 BR 2 Bath Home In Denham Springs-23708 Springhill Dr

 


Beautiful well maintained home in South Point with open living room.

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Description
$159,500
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
1 Unit
Interior: 1,754 sqft
Lot: 8,400 sqft
Year Built: 2004
MLS #: 2015012524
Location
23708 Springhill Dr
Denham Springs, LA 70726
USA
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REDUCED $439,900-One-of-a-kind 4 Bed 3 Bath Home With In-ground Swimming Pool-17740 Shady Elm

 


One-of-a-kind 4 Bed 3 Bath Home With In-ground Swimming Pool

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Features
Description
$439,900
Single Family Home
Main Features
4 Bedrooms
3 Bathrooms
Interior: 2,968 sqft
Lot: 13,500 sqft
Year Built: 2007
MLS #: 2015011674
Location
17740 Shady Elm Ave
Baton Rouge, LA 70816
USA
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PENDING-Duplex For Sale-Each unit 3 Bedroom 2 bath – King Bradford Dr


Duplex-3 Bedroom 2 Bath Units For Sale


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$135,000
Multi Family
Main Features
3 Bedrooms
2 Bathrooms
2 Units
Interior: 2,786 sqft
Year Built: 1984
MLS #: 2015010118
Location
15869/15871 King Bradford Dr
Baton Rouge, LA 70816
USA
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SOLD-4 Bedroom 2.5 Bath Home for sale. 1174 Aurora Pl


4 Bedroom 2.5 Bath Home for sale.


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$285,500
Single Family Home
Main Features
4 Bedrooms
2 Bathrooms
1 Half Bathroom
1 Unit
Interior: 2,302 sqft
MLS #: 2015010189
Location
1174 Aurora Pl
Baton Rouge, LA 70806
USA
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SOLD-Close to LSU-3 Bedroom 2 Bath House For Sale – 1389 Harwich


Close to LSU-3 Bedroom 2 Bath House For Sale.


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$159,900
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
1 Unit
Interior: 1,278 sqft
Lot: 8,750 sqft
Year Built: 1999
MLS #: 2015009349
Location
1389 Harwich
Baton Rouge, LA 70820
USA
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SOLD 3 Bedroom 2 Bath Garden Home in heart of Baton Rouge in gated community – 2951 Wildflower

 


Garden Home in heart of Baton Rouge in gated community.

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$322,500
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
1 Unit
Interior: 2,025 sqft
Year Built: 2008
MLS #: 2015009032
Location
2951 Wildflower Lane
Baton Rouge, LA 70809
USA
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