Selling the home you’ve put so much work into can be a nerve-wracking and emotionally draining process. But with a bit of preparation, research,and foresight, you can get a good price for your home.
Read on as Guardian Garage Floors, your go-to company for garage flooring, shares the mistakes you need to avoid.
Home improvement projects can increase the resale value of your home, but their ROI varies. You can’t add $3,000 to the asking price just because you spent the same amount renovating your kitchen.
Prospective buyers value certain features more than others. Some might be willing to pay higher for new garage floors but not for a larger kitchen. As such, before pursuing a home improvement project, check its ROI.
Rushing Renovation Work
It’s tempting to rush home renovations, especially when a lot of prospective buyers are looking for houses in your area. Even if you manage to rush all of these and put the house on the market early, prospective buyers are unlikely to buy a sloppily renovated home.
Selling Your Home on Your Own
You also might be tempted to attempt to sell your home without a real estate agent, thinking you’ll be able to get more profit that way. You’d need to have an intimate understanding of the volatile real estate market to pull that off. The housing market experiences fluctuations every minute, and without a real estate agent to help you navigate through all the downturns and increases, you’re likely to get overwhelmed by the task.
Trying to Hide Damage
There’s also this temptation to try and hide the damage in your home. It might make your home somewhat more attractive to prospective buyers at first, but they’ll most likely hire a property inspector to look for signs of damage later on in the negotiations. As such, it’d be better to tell them about all the damage your home has suffered over the years from the start.
It’s best to hire a real estate agent to sell your home and a qualified contractor to tackle home improvement. Follow the advice they give you and you should have less trouble selling your home.
Guardian Garage Floors is a company specializing in garage floors and other kinds of home improvements. To request a quote, call (615) 278-9900 or (404) 334-2797 or fill out this form. We serve homeowners in Rome, GA, and Nashville, TN.