Now that the holidays are behind us, many are readying their homes to put on the market in the early spring. I thought it apt to discuss some do’s and don’ts with regard to home projects and what will impact your sale the most. If you plan on living in your home for a while yet, but ultimately want to sell, be sure to keep your own enjoyment in mind. I can’t tell you how many people I meet who complete renovations on their home just prior to selling it that have been on a “to do” list for years. Enjoy the fruits of your labor if you can, before you share it with the next homeowner. That said, unless you never plan on selling, remember to take into consideration design choices and how they will impact the future sale. If you don’t mind repainting neutrally over a floor-ceiling mural you created in your daughter’s room, then have at it. Be mindful of tile design, or anything that is more permanent and difficult to re-do later.
There are always specific upgrades that impact the value and desirability of any given home. In Kensington and Talmadge in particular, there are a few items not mentioned below to key in to that definitely impact your value and ease of the sale. These items include foundation repairs, drainage upgrades, sewer line upgrades/repairs, and electrical upgrades. These items almost always come up throughout the course of most sales I work with as many of the homes still operate with original components, so if you have it within your financial reach to address these issues while you are enjoying your home, the more prepared you will be to maximize your return when you ultimately go to sell – and you won’t be hit with a huge bill when prepping the home, nor will you experience a significant hit in price. If you would like referrals for contractors to address any structural or cosmetic component to your home, or to have a professional opinion of what would be a good design upgrade for a future resale, please feel free to contact me any time. I would be happy to come by your home to give you my thoughts and referrals – pressure free.
Here’s to a prosperous 2016 for all!