There are many things you can do to help your home sell faster. The problem is that some of them will produce little or no return on investment – that is, they may cost you more than you can recover when you sell. Unless your home is in such disrepair that you’re having trouble finding a buyer (or the right buyer at the right price), you should really only consider home improvement projects with positive ROI.
If you spend $3,000 on interior painting (or…. $500 and some sweat equity), can you set your asking price $5,000 higher?
If you install new kitchen appliances for $5,000, can the updated look and convenience of brand new appliances allow you to set a price $8k higher?
What if you invested $20,000 on a new bathroom? Will the upgrade command an extra $30k for your listing price?
It’s better to make those improvements that either cost very little, or that you can be assured will yield a good ROI. With that in mind, here are 5 projects you can do right now to sell your home more quickly in Boston.
1. Declutter Ruthlessly
One simple – and virtually free – thing you can do sell your Boston home faster is simply to declutter. Get rid all that junk that buyers won’t find appealing. It sounds simple, but many sellers either neglect to do it or don’t do a thorough job.
The ruthlessly decluttering principle holds true for all items – furniture, knickknacks, area rugs, personal keepsakes, pictures on the wall, and anything that you wouldn’t want to see if you were house hunting yourself. Just repeat to yourself – Less is More. That means you should get rid of anything and everything you don’t plan to take to your new home – and then make another pass and get rid of more. Use the KonMari method of decluttering if you’re inclined! The goal should be to remove your stuff and personality so that potential buyers can envision your house as their home.
2. Paint Walls
Painting is fairly inexpensive, requiring mostly time and effort, and it can have a huge impact on how fast you sell your home. Nearly every real estate agent and stager recommends painting interior walls for the simple reason that it works well and freshens everything.
Painting will brighten rooms, making them seem cleaner, larger, and more inviting. Just keep in mind that neutral tones and colors like beiges and grays work best. These colors help achieve the blank palette effect to help buyers imagine their belongs in your home and themselves living there, which helps you sell faster and at a better price.
Even if you hire a professional painter, painting will more than pay for itself. It will help you sell your home faster in Boston, and less time on the market almost always means a higher sale price.
3. Create a Welcoming Entry Area
The importance of a great first impression cannot be overstated. Curb appeal creates a critical first impression, and your entry area is another important element of curb appeal.
If you don’t immediately impress potential buyers as they enter your home, you’re setting yourself up for a tough sell. Creating a welcoming entrance is arguably the most effective way to sell your home faster.
And here are some of the things you can do to create that welcoming entrance:
- Pull weeds, mulch beds, and trim bushes and hedges.
- Paint the front door, or replace it if you need to.
- Put up new, stylish address numbers, which are both easy and inexpensive but noticeable.
- Toss objects that clutter the entry area and make it less inviting.
4. Improve Your Interior Lighting
Working to optimize lighting is also a key ingredient to sell your home faster in Boston. It will make the interior seem much lighter and brighter, roomier, and more inviting.
Aim for 100 watts for every 50 square feet. Replace bulbs as needed and supplement with lamps if you need to. You usually want to have 3 types of lighting in each room – ambient / overhead lighting, task-specific lighting (such as pendant lights, under-cabinet lighting, or reading lights), and accent lighting (such as table lamps or wall sconces).
If you already have sufficient lighting, simply cleaning the globes and covers and replacing the bulbs may do the trick. But if you do need to add lighting, look for high hats or recessed down-lights in the ceiling (ideally with a dimmer function) for most rooms, and the addition of a floor lamp and bedside lamps for bedrooms.
Try to avoid brass and gold fixtures because they look dated. Brushed nickel and chrome finishings look much more modern.
5. Refinish Cabinets and Update Hardware
The kitchen is probably the most important room in a house for buyers. So a kitchen remodel or upgrade will certainly help you sell your home faster in Boston.
But will it yield a good ROI?
You can do almost as well with simply spiffing up your kitchen by refinishing or painting cabinets and replacing hardware. If your cabinets are older, painting them will get rid of the dated look and make them look almost new. And installing hardware on the cabinets (again brushed nickel, chrome, or silver) will make the kitchen appear newer and brighter.
These 5 projects that you can do right now to sell your home faster in Boston are a great beginning, but there’s much more that you can do (like staging) to sell faster. The trick is in figuring out which of the many things that will help you sell faster will also pay for themselves. So ask us! Our real estate agents at NextHome Titletown Real Estate will know exactly what will appeal to buyers.
Find out how our experienced agents can help you sell your home faster in Boston. Contact us today at (617) 657-9811!
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