Selling your house is a big deal! After all, you’re parting with the one place you’ve loved more than anywhere else for years.
You may be lovingly amused by the creaky door or used to the peeling paint, but potential homebuyers aren’t! That’s why some home remodeling may be in order before you up and sell.
However, there are some things to keep in mind about planning home renovations before a sale. As any certified home appraiser will tell you, not all additions to a home increase its value. Let’s look at some essential factors you should assess during your pre-sale home renovation.
The Bottom Line
At the end of the day, you’re making these changes because you want to get a reasonable price for your home. That’s why you should be sure that you’re not throwing money into problems that aren’t getting you a good ROI.
Create a budget and renovation plan very carefully. Preferably, this should happen after you’ve already had a professional home appraisal service give you a report on the problems with the house. That way, you’ll be able to keep spending on a minimum and target your renovations at things that will bring the home’s value up.
What you’re Making Changes To
Don’t go into a pre-sale home remodel with a full-scale project plan that will take you months! Changes that you make pre-sale should focus on what will bring your home’s value up.
For example, one definite way to boost future value is a pleasant façade. If your lawn and trees are trimmed, and everything on the outside looks nice and new, buyers are more likely to be interested.
Similarly, investments in a better kitchen, bathrooms, and garage could increase your home’s value. Instead of trying to add flashy features, you should re-align your home back to a more mainstream look.
The Universal Appeal
Speaking of the mainstream look, there’s a reason why realtors and home appraisers recommend fixing up the baseline items in your house first. Potential buyers don’t want to buy a house that’s made for a particular vision. Instead, they prefer investing in a space they can make their own.
Whatever change you make should have enough appeal that any family could imagine themselves living there.
This is the part that a home appraisal service will always investigate thoroughly. The one aspect of your home you can’t skimp on is its functionality. The foundation, the doors, lights, cabinets, plumbing, fans, appliances, etc. are all things that an appraiser checks before giving you the final value of your home.
If any part of your home isn’t functional, this would be the time to identify and address it. Essential elements of your home that aren’t functional can drive your value down, which is precisely what you don’t want.
In summary, watch your expenses, improve the functionality, and make sure your home appeals to as many people as possible. If you’re still a little lost on where to start, we’ve got your back at Torlai Appraisal Service in Stockton, CA. We provide full estate appraiser services San Joaquin, including FHA appraisals. Call us on 1-209-466-1333 to set up an appointment.