When you decide to sell your home, there are probably some issues you’ve neglected for a while that need fixing, or you’re just hoping the next owner will take care of. However, when potential homebuyers look at your home, these issues can make or break a sale.
With our B4USell Listing Enhancement Loan, we can help you upgrade your home before you list it on the market. The hope is, by making these upgrades, you’ll be able to increase your home’s value and reap the rewards. This loan option can help with several renovations, but we’ve listed five significant upgrades that will help you get more out of your sale.
Though it may seem like a daunting task to update your front or backyard, it can be pretty affordable. Whether you plan to DIY or hire a professional, creating a beautiful, green landscape will help sell your house. When a potential buyer steps onto your new patio, they can start to imagine all the summer barbecues they’ll be hosting. If they have kids, having a big backyard with lush green grass is probably important to them. In addition, adding a fire pit to your outdoor seating makes the area more inviting to potential new homeowners.
Much like giving your landscaping a lift, making sure the exterior of your home is pristine will help to solidify that great first impression. Sprucing up your exterior can give new life to your property. A fresh coat of paint, new siding, clean gutters and in no time, your house will look picture perfect. Even if you’ve owned your home for decades, adding some small improvements like planter boxes or an upgraded mailbox can freshen up your home for potential new owners.
Do you have attic space you’ve been using for storage or an unfinished basement? By finishing these spaces, you are immediately raising your home’s value and adding square footage. You could potentially turn your attic into a playroom and your basement into a guest room, and maybe potential homebuyers will start rolling in! Plus, attic insulation helps lower your heating bills since that warmth won’t be able to escape as easily.
Even though you have lived with your refrigerator humming or your showerhead leaking for years, you should fix these issues before it stops a sale from happening. Swap the old refrigerator for a newer model or maybe install a new, sustainable washer and dryer unit to entice environmentally friendly buyers. Many millennials rely on telling Alexa to turn down the lights, asking Siri to play music, or checking their Ring doorbell to see who is at the door. Upgrading your home’s technology, appliances and gadgets can help make it more appealing to younger homebuyers.
In the Details
When decorating your home, you want its design to feel as consistent and cohesive as possible. Choosing a neutral color scheme can help buyers see themselves living in your house. A colored accent wall is appealing but painting a whole room a bright color or keeping your dated shag carpeting is probably not a good idea. Imagine having brass fixtures in one room and silver in another—that’s an easy fix, right? Spend a few hours looking for any inconsistencies around your house and try to fix them.
With some updates made, now you’re ready to put your house on the market! Renovating and enhancing your home before you list it will encourage potential homebuyers to think of your home as their future house.
To learn more about American Eagle Mortgage’s B4USell Listing Enhancement Loan, speak with one of our many Loan Advisors today.