Feature

Make More When Selling Your House

Posted by aaron on March 15, 2006 3:20 PM

If you're a DIYer, here are some tips and suggestions to increase your homes value--both when your planning improvements and when you finally prep for the sale.

According to research originally done by HomeGain, here are a few poven ways to increase your home's selling value....

Clean / de-clutter - 973% Average Return on Investment: Remove clutter by storing items in basement, attic or friend’s home. Rent a storage space or sell excess items, if needed. Keep every room very clean during open homes. Do pre-open house cleanliness inspections.

Lighten and brighten - 865% Average Return on Investment: Replace any burnt-out bulbs and use higher wattage bulbs, if possible. Have defective electrical components repaired or replaced. Make sure skylights are clear and keep drapes open during the day.

Staging - 251% Average Return on Investment: Buy some fresh flowers, live plants and other decorations to liven up the home. Dispose of old furniture or other large items. Consider renting furniture or hiring a staging consultant.

You can get the full list of suggestions here and a Home Sales Maximizer calculator here.

Some of the statistics seem a bit dubious (I'd challenge their suggestion that unseen improvements like plumbing upgrades can return 260%) but the list is indeed worth a read.

(via Lifehacker)

« Previous Entry | View All | Next Entry »

Posted by aaron on March 15, 2006 3:20 PM | Filed under Headlines: Money

 

Comments

So, in the clean/de-clutter department, I guess your seller owed you money when you bought the "House in Progress"! Maybe they should have paid you to take it off their hands! If the "crackhouse" were cleaner it wouldn't have made a difference. It still would have had a leaking roof, broken windows and a collapsing garage only cleaner!

Posted by: Gary at March 16, 2006 7:51 AM