Making strategic improvements before listing your home can significantly boost its value and attract more potential buyers, ultimately leading to a faster and more profitable sale. From minor upgrades to major renovations, knowing where to focus your efforts can make all the difference.
According to Notable, a leading lending firm, certain home improvements consistently yield the highest returns and enhance buyer appeal. By investing in the right areas, you can create a lasting first impression and increase your chances of securing the best possible offer.
Here’s a closer look at the key upgrades that can maximize your home’s value and help you achieve a successful sale.
| 73% | 25% |
|---|---|
| Staged homes spend approx. 73% less time on the market | Staged homes on the market can sell for approx. 25% more |
Staging – No doubt, staged homes will spend less time on the market and even produce higher offers resulting in increased final sales price. Staging a home can be as simple as decluttering and minimizing the amount of furniture or moving pieces into another room to creating a picture-perfect settling with small props. Transform your home’s appeal instantly, make it more inviting, and leave a positive impression with thoughtfully staged placement.
| 5% |
|---|
| Repainting walls increases home value by an average of 5% |
Fresh Paint – Now, let’s take a look at repainting walls. While it might only improve the home value by 5%, remember that first impressions are everything. A simple touch of color or modern neutrals can elevate the overall presentation, creating a lasting impression during showings. When a homebuyer walks into your home and sees that it is “move-in ready,” that’s less work for them and a huge selling point and advantage over other homes on the market.
Kitchen Update – The kitchen holds significant importance for buyers, a simple update to cabinet doors or hardware can make all the difference. Keep the counters free of clutter and ensure overhead lighting is up to date.
| $11K |
|---|
| Bathroom remodels result in $11k higher sale on average |
Bathroom Update – Bathroom remodels are a big decision and can greatly benefit from updates. You don’t have to pull up the tile and do a complete make-over but consider refreshing fixtures and adding moderns touches for an impactful transformation. For example: simply updating the lighting fixtures, mirrors, faucets, and cabinet pulls and door handles so everything matches can make a tremendous difference. Fresh towels and a few flower/plant accents will add to the ambiance.
Flooring – Replacing old carpet or flooring can help buyers get a glimpse into the stylish and well-maintained haven they could call their own. At best, hire a professional to clean all carpets, hardwoods, and woodwork.
Home Exterior and Landscaping
Elevate your home’s curb appeal with professional landscaping that showcases a well-maintained and inviting exterior. Power wash exterior of the home, decks, and driveway/walkway, and ensure any gates/fencing are repaired. Refresh mulching and flowerbeds, and stage potted flowers on both front porch and back deck areas.
How to start unlocking your home’s potential
Preparing your home for sale can be a game-changer, and LivNow has partnered with Notable to make the process seamless with our Market Ready Program. This innovative financing solution allows homeowners to invest in strategic improvements without upfront costs, ensuring your property stands out in the market and maximizes its value.
With this hassle-free financing option, you can enhance your home’s appeal, attract more buyers, and secure top dollar—all without financial stress.
Ready to unlock your home’s potential? Contact us today to learn more about how the LivNow Market Ready Program can help you make the most of your home sale!
This article was written in conjunction with Notable.
