A recent study by economic think tank Kiplinger surveyed thousands of recent homebuyers to determine the most crucial elements in making them “fall in love” with a house.
Here are common improvements homeowners should consider before selling.
A knockout front door
Love at first sight must happen with homes, too, because this was No.1 on the Kiplinger list.
To make a great first impression, the front door is key.
The most efficient way to improve the front door is to repaint it. But if you have the time and budget, consider a door that stands out with style and character.
Some examples include Dutch doors, double doors with transom windows, or an antique door.
Once inside the home, high ceilings are high on the list of most impressive features.
However, this is not possible for every home. An easy improvement could be painting your entry white, ceilings and all.
Another tip is to position art slightly lower to give the illusion of high ceilings and a sense of spaciousness. Or, using the same concept, try hanging a mirror so that a window can be reflected in it.
Most newly developed neighbourhoods are lined with modern house designs that appear identical.
Although ‘brand new home’ appeal is an attractive selling point, it may be a challenge to stand out.
One option for people in this situation should be to repaint the house, to remodel the front garden and to add in new lighting fixtures.
In today’s economic climate, few buyers can afford to purchase a house that is exactly the way they want it or to build brand new.
Therefore, fixer-uppers are becoming more popular, and in many cases the opportunity to take on a project is a part of the excitement.
According to the Kiplinger study, most homebuyers wanted a home that had a good base, but had plenty of opportunity to make improvements so they could make it their own.
“Good bones” is a phrase tied to an older home.
It means that with some TLC and cosmetic changes, the house can be transformed, while embracing charm and character with all the foundational elements.
There are pros and cons of buying an older home or a brand new home. Consider a contingency budget for unforeseen expenses often involved in renovations.
With the competitive market, potential buyers are urged to consider all of their options and to get advice from professionals.