Selling a home is both stressful and exciting. Most sellers want to get the highest possible price for their property. To do this, you need to make potential buyers want to live in this house. At the same time, it is important not to invest more money and effort in the renovation than is profitable. Not every investment translates into a higher selling price.
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There are several activities that are inexpensive to perform and will produce good results. First of all, finish the repair work that has been started.
Few people want to take over unfinished renovation work from others. So the first thing you should do is finish all the work you have started. These can include things like loose or missing moldings, handles, loose wires, and bad door handles. These are tasks that do not cost much time and money, but can give a big effect. They create a good overall impression and give positive signals to those who come to inspect the house.
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Give your home a neat and freshly renovated look
If your home isn't looking beautiful yet, it may be worthwhile to do some renovation before you sell it. The goal is not to replace the kitchen and bathroom, but to make sure the house looks freshly renovated and attractive. The main goal is to inform potential buyers that they can move in right away without having to start a major renovation. Here is a list of things you should consider before listing your home for sale:
- Painting ceilings and walls
- Repair of moldings, if necessary
- Repair damage to walls and ceiling
- Repairing damaged doors and drawers
- Replacing unsightly floors with e.g. new carpeting
- Replacing door handles
- Sanding and painting window frames.
When you remove paintings and other items hanging from walls, you leave holes and color differences between the rest of the wall and where the painting has long hung. Fixing it is cheap and repainting is refreshing for the whole house, especially when you choose the right color. Painting the slats is also an investment that is not expensive, but very effective.
Don't invest in a new bathroom or kitchen before selling
The bathroom and the kitchen are two of the most expensive rooms to renovate. In addition, it is very time-consuming. It is difficult to recoup the costs of completely refurbishing these rooms. You can optionally pass this work on to the new owner. People have different tastes, so you usually won't get back the money you invested in a new kitchen or bathroom when you sell it.
However, it pays to refresh such rooms a bit. Instead of installing a new kitchen or bathroom, you should ensure that these rooms are thoroughly and thoroughly cleaned. Clean up grout, fix small things and paint worn surfaces. Then decorate them with new towels, scented candles or a bowl of fruit before presenting. Styling before the presentation is a good investment. It is becoming more and more popular to use professional interior stylists to help furnish the property before the presentation. This styling includes the preparation of all the decorations by the stylist and sometimes also the furniture.
Sale of the building for a thorough renovation
If you are going to sell a badly neglected house, called an object for renovation, think carefully before you invest money in its renovation. Most potential property buyers decide to take out a renovation loan and have a clear plan to give the property its own character. Therefore, there is a limited return on your investment in a possible major renovation. Sometimes it doesn't make sense to spend time and money if you can't see that you might not benefit financially from it. Good financial control is always important, also when selling real estate.
Which doesn't cost much
Thoroughly clean and clean both the exterior and interior of your home. Remove unpleasant odors and traces of pets and possible cigarette smoke. Remove all personal items such as family photos. Create a sense of space by removing unnecessary furniture and decorations. Make sure the entrance to your home is clean and tidy. If you have a garden, cutting the grass and tidying it up will be necessary. Real estate is our greatest asset, and when selling, we naturally want to achieve the highest possible price.
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Source: forbrukertorget
Also read: Cleaning the facade - what you need to know
