Introduction
It’s that time of year, isn’t it? Well, it is if you're considering selling your home. When selling your home there are many factors to consider, including pricing, marketing, and timing. However, one of the most important things you can do to increase your chances of a successful sale is to refresh your home's appearance and curb appeal. Not only will this help your home stand out from the competition, but it can also add significant value to your property's listing price.
The Importance of Curb Appeal
What is curb appeal, you ask? Curb appeal is the attractiveness of your home as seen from the street. Really, it's the first impression potential buyers will have of your property when they drive up, and it really can make or break a sale. According to the National Association of Realtors, 94% of real estate agents say that curb appeal is important in attracting a buyer. In fact, a well-maintained and attractive exterior can increase a home's value by as much as 10%, which is no small potatoes.
Added Selling Value of Home Upgrades
There are many home upgrades you can make to improve your home's appearance and increase its value significantly. Here are a few that are particularly effective:
Interior Paint
One of the easiest and most affordable ways to refresh your home's appearance is with a fresh coat of interior paint. Neutral colors like beige, gray, and white are popular choices that can appeal to a wide range of buyers, as they can easily envision their furnishings in a home with a neutral palette as opposed to one that is say a bold purple or warm red. According to the Cost vs. Value Report, painting the interior of your home can have a return on investment of up to 107%. That type of ROI is beyond exceptional and should have you scrambling to call us for your quote now
Exterior Paint
Just like interior paint, a fresh coat of exterior paint can do wonders for your home's appearance. A faded, cracked, or peeling exterior home is not appealing and leaves the prospective buyer knowing they will need to account for getting the house painted in their home-buying budget as well. Avoid this by having the exterior freshened up and by choosing colors that compliment your landscaping and neighborhood, and be sure to repair any cracks or damage before painting. According to the Cost vs. Value Report, painting the exterior of your home can have a return on investment of up to 60%. Again, that is an incredible ROI!
Kitchen and Bathroom Cabinet Painting
Kitchen and bathroom cabinets are often a focal point in a home, and outdated or worn cabinets can be a true turnoff for potential buyers. Fortunately, you don't have to replace your cabinets to give them a fresh look. Painting your cabinets can be an affordable alternative that can add significant value to your home. According to the Cost vs. Value Report, a minor kitchen remodel (which includes painting cabinets) can have a return on investment of up to 72%.
Garage Floor Coating
Nowadays many buyers are looking for a garage that is not only functional but also visually appealing. The garage has really elevated its functionality within the home and completing it with a garage floor coating is a trend that isn’t going away anytime soon. When considering the installation of a garage floor coating, it’s important to know the difference between a DIY type floor system, a one-off painter type of floor system, and a professionally installed garage floor coating. Hiring a professional floor coating company to coat your garage floor can make a big difference in its appearance and longevity. Not only does it look great, but it can also help protect your garage floor from stains and damage. According to the Cost vs. Value Report, a garage floor coating can have a return on investment of up to 94%.
Landscaping
A well-manicured lawn and attractive landscaping can make a huge difference in your home's overall curb appeal. When working on creating curb appeal, it’s important to trim any overgrown trees or shrubs, plant an array of colorful flowers and shrubs, and add mulch or rocks to define planting areas and add visual symmetry throughout your landscape. According to the Cost vs. Value Report, a landscaping upgrade can have a return on investment of up to 100%.
Window Upgrades
Windows are one of the most important features of a home, providing natural light, ventilation, and energy efficiency. If your windows are outdated or in poor condition, they can be a major turnoff for potential buyers. Upgrading to new, energy-efficient windows can not only improve your home's appearance but can also save money on energy bills which is a big win for potential buyers. According to the Cost vs. Value Report, a window replacement can have a return on investment of up to 72%.
Conclusion
When it comes to selling your home, first impressions, like most things in life, really are everything. By refreshing your home's appearance and curb appeal, you can make a great impression on potential buyers and increase the value and desire of your property. From interior and exterior painting to landscaping and garage floor coatings, there are many home upgrades that can help your home stand out from the competition.