Maximizing Your Home’s Value: Tips for Sellers
Thinking about selling your home? In the Wisconsin real estate market, every detail counts – and that’s true for your home as well.
Our team of trusted and experienced real estate agency in Wisconsin compiled the list of the best ways to make your home stand out, and at the same time get the most for it. These tips cover from well-known hacks to some lesser-known ones, meant to get your home noticed and ready for selling.
Understand Your Local Market
It all starts with knowing the market vibe in Wisconsin When you want to be successful and get the best value for your home, start by knowing what is going on in the market in your area. Market dynamics vary vastly even within the same state. For instance, the market in Milwaukee may experience varying dynamics from those of Madison and Green Bay. Observe how homes in your area are selling. Are they staying listed for an extended period? How are competing homes being priced in the same neighborhood? These are some questions to guide you in setting a competitive and realistic price.
Enhance Curb Appeal
First impressions are lasting, and the curb appeal of the outside of your home is your buyer’s first impression. Outdoor upgrades can help it speak volumes about the home itself. So, paint your ugly front door, or replace your old mailbox. New house numbers are nice touch. Plant softeners like flowers, or add new mulch. Trim overgrown bushes.
Update Interiors
You don’t always have to renovate the inside of your home to update it. Small updates can yield giant returns, including repainting the walls a neutral color, updating certain light fixtures, or replacing outdated faucets and door handles. If you compete in Wisconsin, you might want to check to see if the fireplace works or if the heating system is functioning efficiently and effectively.
Refresh Key Areas of Your Home
Focus on updating zones that have the most value impact on buyers. The kitchen and bath are the two rooms that are most likely to make or break the sale. A simple kitchen update may be replacing old appliances with energy-efficient models and adding new countertops. Bathrooms can be updated with regrouting of tile, updating toilets and fixtures. These improvements don’t have to break the bank, but they will update the space and make your home more attractive to potential buyers.
Depersonalize and Declutter
How can you sell your home quickly and for more money? Your buyers have to be able to visualize themselves in the space. And they can’t do that if there are too many reminders of you, the present owners. So the very first step in preparing your home to hit the market is de-personalizing and de-cluttering. Take down personal photographs, your favorite mementos, family heirlooms – all reminders of your life in the space. All personalized décor goes as well. Decluttering not only looks better but also makes the space feel bigger – a crucial plus in buyers’ eyes.
Stage the Home
Staging your furnishings and decor – making sure a home is staged to best suit its real estate needs – is a powerful tool in making your home look its best. In Wisconsin, where the season can flip from wintry to seemingly green in a heartbeat, consider seasonal staging (especially if you’re selling in the off-season). Set-ups with thick throw blankets and a fire in the fireplace imbue a home with coziness in the colder months, while light fabrics and blooming flowers can brighten up a spring or summer atmosphere.
Invest in Professional Photography
This is especially given that most home buyers begin their search online. That means that having integrity in how you take pictures so that you get the best photos possible and hiring a professional photographer are more important now than ever before. A good photograph makes a world of difference online and can create a better impression of the property being offered.
Offer Extras
The professional touches can make all the difference. Offering to pay for closing costs, or a transferrable home warranty, can be very attractive to a buyer on a tight budget or shopping for the first time. Staging your home and offering proof of a recent paint job or remodeling can provide buyers with time to move out of their current homes.
Price It Right
Probably the single most important factor in selling your house is to price it according to the market. Price it right: competitive yet realistic, based on the market analysis of your property. The area your home is located in will dictate price but if your real-estate agent feels that, for example, a quick sale is top of your agenda and is ‘hot’ for a home like yours in your area, they will be right.
Looking for guidance on how to sell a home in Wisconsin? You’re in luck. Selling a home can be a quick and successful venture if you have the right strategy and know what steps to take. Contact our team at Modern Realty Partners for expert assistance on selling your home.