If you are getting ready to sell your home, make sure it’s ready for the market. With these tips, you can attract more buyers and (just maybe) bring a higher price for your property.
How Much Do These Improvements Cost?
We’d be naive if we didn’t address cost when preparing a home for market. How much you spend is important, and you have a long list of options for improving your house and making it more attractive to buyers.
With that in mind, we’ll talk about the general costs for these projects. However, pricing varies widely depending on where you live and what details you choose. Sources of information don’t provide consistent numbers, but we’ll do our best to find accurate, reliable data so you know, at least approximately, how much each project will cost.
Overall, the more you can do yourself, the less it will cost. If you can deep clean the home with your own equipment, it will be more affordable. Likewise, if you can rent cleaning equipment instead of hiring a professional, it will also be less costly.
Get Your Home Ready for Sale with These Simple, Budget-Friendly Improvements
Install a Water-Filtration System
Clean, healthy water is important for everyone, and while many people use filtering pitchers, it’s possible to have a water-filtration system installed directly into your home’s water. Instead of pouring tap water into a pitcher, letting it drip through the filter, then drinking, it’s possible to have water from the tap that has already been filtered.
Water filtration systems can be extremely attractive for homebuyers in rural areas, small towns, and large cities. Even if your city has good water, filtration can remove chemicals, reduce nitrates, and lower excess fluoride, among other benefits.
According to HomeAdvisor, whole-house water-filtration systems cost about $1,000 to $4,200 or more, although there are more affordable options. Under-sink systems, which provide filtration only for one faucet, cost about $200 to as much as $1,300. These numbers are largely supported by costimates.com, which says that a home water-filtration systems costs from $1,400 to $2,100.
Improve Your Landscaping
Curb appeal matters. Even if a buyer has looked at online photos, what they see when they actually visit the property can make a big difference. Improving the “curb appeal” for your property can take a lot of directions and can include costly remodeling projects. However, it’s usually just as effective to simply clean the exterior. Pick up toys and tools, mow the lawn, trim shrubs, rake the leaves, or even plant a tree. All of these simple maintenance items will create a more visually attractive home.
In most cases, this simply costs time, not money. Assuming you have basic yard tools, you can improve the landscape with no financial cost. However, if you need to hire a professional, the expense should be small. If you have an ugly stump, for example, this usually costs about $90 to as much as $600 if you have a particularly large one. Even clean-up services usually cost somewhere between $450 to $1,500 if you don’t have the time (or the drive) to do it yourself.
Enhance the Home’s Energy Efficiency
More than ever, people are concerned with energy efficiency. They want homes that use less energy, and many prefer homes that actually create their own energy (think solar panels and windmills).
If your home is equipped with energy-efficiency upgrades, it can separate your property from the competition and make your home far more attractive to potential buyers. And you don’t have to go all-out with massive upgrades like solar panels; energy-efficient windows and doors are often enough to entice buyers.
These upgrades come in many different forms, so they also have a vast range of prices. According to HomeAdvisor, upgrading an electrical panel can costs about $1,139 on average, while installing a home automation system, which monitors energy use to increase efficiency, costs about $763 on average. Unfortunately, solar panels are still expensive; HomeAdvisor says the average cost is over $23,000, while HomeGuide says they cost from $10,626 to $26,460. With these prices, it’s probably best to stick with windows, doors, toilets, and other cost-effective energy improvements.
Deep Clean the House from Top to Bottom
Like improving the exterior landscaping, this is a project that can be completed for free and only requires a little dedication and a lot of spare time. If you have an open weekend that you can dedicate to cleaning, it will make your home far more attractive to buyers.
People want clean. Even those of us who are naturally messy, cluttered people prefer cleanliness. Vacuuming, sweeping, dusting, and generally picking up the house will make a big difference.
Again, you can complete this step almost for free, outside of any cleaning products and tools you might have to purchase. If you want to spend, you certainly can do so; HomeGuide says that house cleaning services cost an average of $91 to $185 for an entire house, although this will likely go up if your house is large and significant cleaning is needed.
Replace Old Carpets
Old carpets are ugly. They are also virtually impossible to clean. Instead of hiring a professional cleaning service and getting spotty results (pun intended), it may be best to simply replace the carpets with new flooring.
If you decide to tear out the old carpets, you can replace them with either new carpets or hardwood flooring. Hardwood or tile flooring are often the better option, as they tend to create higher indoor air quality. This is because rugs and carpets trap and release dust and other airborne particles.
HomeGuide says that carpet installation costs about $1,800 to $7,200 total, depending on how much you need installed. This does not include the cost of removing the existing carpet.
Dedicated Service for Your Next Mortgage
If you need a high-quality loan for your purchase, contact the team at Home & Mortgage today. We will provide the service and guidance you need to make the best choice for your next home. From helping you get approved to fast closing services, we are ready to help with all of your mortgage needs!