Bruno Real Estate Advisors' Blog
Although property buyers fall in love with a home for different reasons, there are four factors that generally cause people to prefer one house over another.
For sellers, the cost of making their home more appealing to buyers can vary widely. It depends on how recently they've painted, updated, and made improvements to their property -- both inside and out.
When it comes to owning and maintaining a residential property, one thing's for sure: Deterioration is going to happen! It's also human nature to postpone taking care of needed updates, minor repairs, and issues like fading paint. Even though the condition of your home may feel comfortable to you, prospective buyers will see things through a different lens. If you think you're "too close to the trees to see the forest," your real estate agent can provide you with valuable tips and an objective point of view.
While there are a lot of qualities house hunters look for when they're sizing up a house, here are a few key factors that can make the difference between a quick sale and a home that lingers on the market for months or more.
- Brightness: Inadequate light -- both natural and artificial -- can have a negative impact on the impression your home makes on potential buyers. If you're fortunate enough to have newer windows that let in lots of natural light, then the look and feel of your home will be much more appealing. Heavy drapes can detract from that effect, as can overgrown bushes and trees. Lighting fixtures that are noticeably outdated or glaringly bright will also work against you. Since one of your objectives as a seller is to make your home as appealing and cheerful as possible, proper lighting is a feature that's well worth keeping in mind.
- Cleanliness: A factor that comes in "a close second" to brightness is cleanliness (Some might even put it in the number-one spot). Visible signs of dust, dirt, spills, or smudges can make an otherwise attractive home unappealing to prospective buyers. Undesirable odors can also turn off most, if not all people that come over to check out your house. A solution for some sellers is to have their house cleaner stop by more often to help them stay one step ahead of dirt, grime, and household messes.
- Freshness: There are a lot of ways to create a feeling of freshness in your home, including opening windows (weather permitting), adding a coat of neutral-colored paint to scuffed walls, and displaying fresh flowers in a couple rooms -- especially the kitchen. Baking soda can also help eliminate unpleasant odors in your refrigerator, sink, and garbage disposal.
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If you’re planning on buying a new home sometime in the near future, you may be wondering when the best time of year to buy a home really is. There’s many theories about when the best time of year to buy a home is. It’s widely known that inventory on homes available for sale picks up in spring. That means that inventory increases, but so too does the volume of competition for people who are buying homes. Just because spring is busy, in real estate that doesn’t mean that it’s necessarily the best time to buy.
Spring is, however, a great time to sell your home. The same goes for the summer as the buying frenzy continues right into the fall for most home buyers. As a buyer or a seller, you’ll want to have a good understanding of the housing market no matter what time of year you’re making your property transactions. Whether you’re buying or selling, you’ll want to know how to get the best bang for your buck. While many people are ready for a change after the long winter months, yet, many people can hold out through other times of the year.
The Market Changes With The Seasons
As the seasons change, so too do the number of people selling versus the number of people who are looking to buy. If you don’t mind the competition and know what you’re looking for, any time is a good time to buy. As a buyer, you’ll either be facing low inventory, tough competition, or a combination of the two. If you’re scoping out the type of home you’d like to live in, you’ll want to browse in the spring. Have your pre-approval ready just in case you find a home you love at the right price. If you’re not in a rush, spring shopping can give you a good idea of what’s out there for you. You’ll be able to narrow down the type of home you want and where you’d like to live when the time is right.
There’s Really No Golden Rule For Timing
When it comes to buying and selling real estate, there is no sweet spot during the year as to when you’ll have better luck. Being prepared and understanding the trends in your area are a good start. When you hire the right real estate agent, they can be your advocate throughout the process of either buying or selling. Agents can research different trends from the time of year that properties are sold in a certain neighborhood right through to the correct pricing for a home just like yours or the one you are looking for.
Curb appeal is a difference-maker during the home selling process. If you understand how to upgrade your residence's curb appeal, you may be better equipped than ever before to enjoy a fast, profitable house selling experience.
Now, let's take a look at three tips to help you improve your house's curb appeal.
1. Prioritize Lawn Care and Maintenance
If your lawn is covered in weeds and high grass, it may be overdue for a trim. Fortunately, you can mow the lawn, trim the hedges and perform assorted home lawn care and maintenance tasks to upgrade your residence's curb appeal in no time at all.
Of course, if you want expert lawn care assistance, you can always hire a home landscaping company. A typical home landscaping company employs friendly, knowledgeable lawn care specialists who can help you improve your lawn and bolster your house's curb appeal.
2. Eliminate Clutter
Lawn decorations may help you differentiate your home from others in your neighborhood. At the same time, these decorations may actually diminish the appearance of your home in the eyes of potential buyers. Also, lawn decorations may make it tough for buyers to envision what life may be like if they purchase your residence.
Remove lawn decorations, because if you have a clutter-free lawn, you can show buyers the true size and beauty of your lawn. And as a result, buyers may fall in love with your residence as soon as they see it.
3. Perform Home Exterior Repairs
If you notice cracked or chipped siding or other home exterior issues, don't wait to correct these problems. Because the longer you wait to perform home exterior repairs, the longer it may take to sell your residence.
For those who are uncomfortable about completing home exterior repairs on their own, it may be beneficial to hire a contractor. This professional will dedicate the necessary time and resources to ensure your home's exterior will impress buyers.
As you search for ways to improve your house's curb appeal, you may want to hire a real estate agent as well. In addition to offering recommendations about how to bolster your home's overall appearance, a real estate agent can serve as an expert guide along the property selling journey.
A real estate agent is happy to help you list your house, promote it to prospective buyers and host home showings and open house events. Plus, if you receive an offer to purchase your residence, a real estate agent can provide recommendations about whether to accept, reject or counter this proposal. A real estate agent will even negotiate with a buyer's agent on your behalf so you can maximize your house sale earnings.
Spend some time upgrading your residence's curb appeal – you'll be glad you did. If you can improve your home's curb appeal, you may be able to stir up lots of interest in your residence and reap the benefits of a quick, seamless house selling experience.