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Home Selling Strategy: How to Boost Your Property’s Sale Price

Here are some strategies to prepare your home for a lucrative sale.

Are you planning to sell your home and wondering how to maximize its value without overspending? Today, we’ll explore some practical tips on getting the best bang for your buck when preparing your home for sale, whether it’s a minor touch-up or a more extensive remodel.

One recent example we encountered was a property with a potential market value ranging from $225,000 to $250,000, depending on its condition. The seller wanted a quick sale, so we opted for strategic updates to attract buyers without breaking the bank.

Firstly, we focused on enhancing the home’s curb appeal by trimming trees and giving the interior a fresh coat of paint. Additionally, we addressed minor cosmetic drywall marks. By investing in these simple yet effective improvements, we listed the property at $235,000, positioning it for a quicker sale.

Of course, one may wonder if investing in a complete kitchen and bathroom remodel, pushing the asking price closer to $260,000 to $265,000, would have been worthwhile. The answer lies in the budget allocated for the project. Typically, for an 1100-square-foot home, a kitchen and bathroom remodel can be done for around $10,000 to $14,000, depending on the quality of materials chosen.

“Our ultimate goal is to help you maximize the value of your property and achieve a successful sale.”

However, as a seasoned real estate professional, I always advise against spending money on upgrades that won’t yield a dollar-for-dollar return on investment. Instead, focusing on simple yet impactful updates like fresh paint and new flooring can often provide better returns.

Paint and flooring are relatively affordable and can refresh the look of your home, making them excellent choices to consider. These upgrades generally offer a good valuation return without breaking the bank.

Beyond these updates, the decision to invest further depends on what parts of the home have not been touched or need attention. It’s essential to weigh the potential return against the time it may take to recoup the investment during the sale.

At Exit Realty, we’ve successfully assisted sellers in navigating the remodeling process. If you have questions or need guidance on what upgrades may be worthwhile, we are here to help. Our team can recommend trusted contractors and explore potential financing options to support your home improvement efforts. Remember, our ultimate goal is to help you maximize the value of your property and achieve a successful sale.

If you’re ready to take the next steps or have any inquiries about preparing your home for sale, don’t hesitate to reach out to us by phone or email. We’re dedicated to providing personalized solutions that cater to your unique needs and goals. Let’s work together to ensure you get the best return on your investment and make the most out of your home sale.

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Testimonials

Sold a Single Family home in 2014 for approximately $125K in Union Park, Des Moines, IA.

Tim was always up front and professional. He did what we thought would be impossible and got our house sold within our deadline and on our terms. He is very knowledgeable and makes good use of his resources. He is not just a real estate salesman but a marketing specialist.

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