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First impressions count when it comes to putting your house on the market and home buyers definitely judge a book by its cover. Us Realtors consistently rank curb appeal as one of the most important factors in both selling a house and the price it fetches.
Fortunately, exterior improvements don’t have to be elaborate or expensive – that’s why they rate so highly in terms of return on investment. Curb appeal is one of the first issues that you should tackle when you’re ready to put your house on the market, and remedies range from remodelling to simple maintenance.
Curb Appeal Matters
Buyers decide within a few seconds if they want to see the inside of a house, and very often they say “yes” or “no” based on the view they see from the street. Well-maintained houses are fortified against fluctuations in the real estate market – most people looking for a new home want a house that’s already in move-in condition. A neglected lawn or dilapidated exterior raises questions about how well the rest of the structure has been maintained: if the previous owner couldn’t put a lick of paint on the door then how well would they have dealt with plumbing or electrical problems that could cost thousands to fix?
Many Realtors say a house with curb appeal can be sold for a higher price–about 10 percent more, according to some sources.
Improvements With Impact
The good news for sellers is that exterior improvements that draw approval from Realtors–and buyers–aren’t that expensive. Curb appeal projects have dominated the top 10 improvements in Remodeling Magazine’s annual Cost vs. Value Survey for many years, including years of economic downturn. The most recent survey notes that changes to doors, windows and siding brought higher returns on investment for the year surveyed than projects inside the home. Entry door and garage door replacement also receive top marks from Realtors surveyed.
Other front yard elements with substantial returns on investment are paved driveways, decks and patios.
Curb Appeal Basics
What if you want to sell in the near future without having to make extensive exterior renovations? You can still bring the curb appeal of your home up a few notches with some simple fixes. Small changes can amount in a significant payback:
Lastly, it’s easy to become blind to small flaws in a home you’ve lived in for years, so nothing beats the eye of an experienced real estate team to give you some honest feedback that could make the difference between settling for a lowball offer and getting the right price for your home.
Contact Tru Real Estate Team today and let’s get your home sold!