Make your house look like a ‘million dollar listing’ for less
A new report reveals homes are promoting quicker and for a lot more money, however an additional indicator of a rebounding housing marketplace. According to the National Association of Realtors, complete-year sales of previously owned properties elevated by 9 % in 2012 over the earlier year. Plus, house prices jumped up 12.three %, the biggest percentage obtain since January 2005.
This will challenge sellers to sharpen their competitive edge as much more homeowners, encouraged by promising indicators, place their house on the market. Josh Altman, one of the prime ten realtors in the nation and star of Bravo&rsquos hit Tv show &ldquoMillion Dollar Listing: L.A.,&rdquo shares 3 techniques for generating homes more desirable to purchasers.
Set up hardwood floors
&ldquoInstalling hardwood floors is 1 of the smartest investments a seller can make,&rdquo stated Altman. &ldquoHardwood flooring is straightforward to set up, never goes out of style and is very desirable to homebuyers.&rdquo
Numerous hardwood flooring possibilities, like well-known bamboo varieties, allow home owners to effortlessly pick a floor that looks fantastic and fits within their price range. Property owners can even differentiate their floors &ndash and houses &ndash by transferring the flooring&rsquos warranty to the new owner. For example, Lumber Liquidators&rsquo Bellawood brand of prefinished hardwood flooring provides a certified 100-year transferable warranty.
Laminate or vinyl flooring is an additional option for receiving a fresh, updated appear. Laminate enables homeowners to get the appear of hardwood for significantly less, and there are even alternatives for DIY novices, such as flooring that easily clicks with each other without having glue or nails.
Enhance the curb appeal
Initial impressions matter, and residence acquiring is no distinct. &ldquoMaking a handful of updates to a house&rsquos exterior goes a extended way in making homes a lot more inviting and worthwhile,&rdquo stated Altman.
Property owners can put their green thumbs to function by weeding their garden, trimming plants and branches and adding colour by planting vibrant flowers in containers or planters. Straightforward repairs and updates supply a lot of bang for your house improvement buck, regardless of whether it&rsquos receiving a new front door, updating home numbers or painting the trim, downspouts and gutters.
Update the kitchen
Remodeling a kitchen can bring a property to the prime industry worth, and you don&rsquot have to tear down walls or break the bank to do it. &ldquoNo matter what budget a homeowner has, there are simple techniques to add that wow issue to a kitchen,&rdquo mentioned Altman.
Unique, stylish light fixtures can develop a warm and inviting environment, whilst new appliances add visual interest and assist improve the value of a residence. Even subtle touches like updating cabinet hardware or installing a tile backsplash behind a stove can give a kitchen the facelift it demands.