Every home is unique, so every pre-listing preparation plan looks different. What’s right for one home may not be right for another, so it’s best to consult with an agent. They’ll be able to help you find out what fixes and upgrades will bring the biggest return on investment.
These are the main questions you should ask your realtor before listing your home.
Should I refresh my walls and floors?
If you don’t have fresh paint or flooring in neutral hues, it may be a good idea to replace them.
For sellers that need to repaint, focus on the spaces where your buyer will spend the most time. This includes the living room, kitchen, master bedroom, and bathroom. If you do not wish to replace your carpeting or flooring, be sure to at least give them a good deep clean. Without new flooring, your buyer may put in a lower offer with flooring upgrades in mind.
Should I get a pre-listing inspection?
If you suspect your home has some issues (like damaged roofing, faulty wiring, or leaky plumbing), your buyer’s inspector will find it. This means you’ll have to pay for the repairs, slow down the sale process, and possibly take a hit on the final sale price. For major issues, it’s best to discover them and repair them before you list your home.
But, if you don’t suspect any major issues with your home, it might be best to wait. Inspections can cost anywhere from $300-$600, and the buyer will bear this expense if you wait. Your real estate agent will be able to help you decide whether or not a pre-listing inspection is a good idea for your home or not.
Should I make upgrades?
If all of the features of your home are outdated, you may be able to increase the value with a few bigger renovation projects. But, there are easier, smaller upgrades that can allow you to save money and still increase the value of your home.
Small upgrades like faucets, light fixtures, door handles, cabinetry hardware, and window treatments can completely change the look of your home without completely renovating it.
Your best option is to create a list of upgrades you’re willing to make (and the budget you’re willing to spend) and run it by your agent. They’ll be able to guide you on which upgrades may be worth your time and investment once it’s time to sell your home.
Ready to get started?
Selling your home is a task that begins long before your home is put on the market. With help from an expert agent, you’ll be in the best position to get the most equity out of your home sale.
Team Melton has over 50 combined years of real estate experience to assist you through every step of the process. Contact us today to get started on selling your home!