by Allie Moffett
You’ve decided to take the next step in your life and move to a bigger and better home. Congratulations! While this time is full of excitement and preparation for your new place, it’s important to leave your well-lived-in home looking well-loved. It may be time for some updates – but how do you know where to invest your dollars? Kelli Bastin of Bond Real Estate shares six things to consider before you kiss your old home goodbye.
1. PLAY THE LONG GAME
There is something to be said for maintaining your home over time. These items rank of high importance when it comes to passing home inspections and should be in top shape when you list your home for sale: HVAC, roof, foundation, plumbing, and electrical. While these items aren’t “glamorous,” they are integral to the safety and overall function of the home.
2. BANG FOR YOUR BUCK
If you’re all in and committed to the remodel, updating the kitchen – the heart of the home – is known to have the highest ROI with bathroom updates second in return.
3. ATTENTION TO DETAIL
If you’re looking to invest more of your resources in your new home but still want to give your old home some love, some smaller ticket items that make a huge impact include a fresh coat of neutral paint, fresh landscaping (I always recommend BLACK mulch), a new or refreshed front door and new lighting and hardware throughout the home.
4. ALL UPDATES ARE NOT CREATED EQUAL
If you’re taking the time and money to refresh your home before it hits the market, make it really count. Avoid updates that may be very personal to you and your lifestyle, but not to the everyday person. For example, most buyers would also prefer a modernized kitchen over a hot tub or home theater.
5. TO DIY OR NOT TO DIY
When it comes to taking on these projects yourself or hiring a professional, it truly depends on the project and how handy you are. But be warned: when walking through homes, customers can spot shoddy work from a mile away! If you’re not confident in your abilities, a professional may be the way to go.
6. IS IT REALLY WORTH IT?
Is there proof that making these updates truly pays off for sellers? According to the National Association of Realtors, 67% of value is recovered in kitchen upgrades and 71% is recovered in bathroom upgrades. It’s important to consider your unique house’s needs, though, and bringing in a professional will ensure you’re using your time and money as wisely as possible.
Connect with Kelli to explore your home’s needs. Learn more at bondrealestateco.com.
