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Did you know that the median single-family home here in California sold for $777,500 as of last November? This price tag puts our state's houses among the most expensive in the country, but that doesn't mean every homeowner will earn a high ROI from their property!
If you aren't careful, small mistakes can make you miss out on thousands of dollars. To avoid leaving money on the table at closing, follow the home-selling tips below.
Boost Your Curb Appeal
Your home's exterior is the first thing a potential buyer will see. That first impression can be crucial!
Boost your home curb appeal by trimming bushes and shrubs, mowing the lawn, and cleaning the gutters. You may also want to add some vibrant plants and flowers to your landscaping for an attractive pop of color. A fresh coat of paint on your siding or door, especially if these areas are faded, can also go a long way.
Make Repairs and Replacements
Though not all buyers are looking for turnkey properties, basic home maintenance and upgrades can help attract more eyes to your house.
Tackle minor repairs like leaks and scuffed paint. You should also consider upgrading worn or broken light fixtures, door handles, and plumbing fixtures. These small changes can improve your home's appearance and functionality.
If you want to go above and beyond, consider making home upgrades that offer the best ROI. Certain bathroom and kitchen remodels, for example, can have a huge influence on your home's value.
Open Up Your Space
Potential buyers love seeing an open, spacious layout. To make this happen, consider investing in a storage unit to hide most of your personal belongings. This includes storage areas like your closets, basement, and attic.
To go a step further, consider removing non-load-bearing walls to create a more modern floor plan. Make sure to clean your windows and remove window treatments to let in natural light for a more open, airy feel.
Invest in Staging
Good home staging can help you minimize your property's flaws and improve its visual appeal. Get started by cleaning and decluttering your home.
From there, define each room's purpose and arrange the furniture to show off its potential. Take care to highlight the best features of each space, and create an inviting atmosphere with the right decorative touches.
Get Professional Advice
Selling on your own is possible, but it won't always earn you the highest possible price tag. Partnering with a real estate agent may mean sacrificing some of your profit to their commission, but their expertise may help you get much more money than you could alone.
In addition, property management companies can often help you figure out the estimated ROI of your property and decide when to rent or sell.
Try These Home-Selling Tips
If you're putting your home on the market, be sure to take advantage of these tried-and-tested home-selling tips. Though they'll cost you time and effort, the right approach can help you maximize your property's potential.
Whether you're selling, renting, or seeking property management, PMI American River is here to help. Contact our Sacramento office today at 916-573-0027 or fill out our online form.
