When selling a home, homeowners need to address maintenance items as well as keep the home looking its best to get the highest market value. For maintenance items, a pre-listing home inspection (click for previous post) will help bring to light any issues that may affect desirability of the property. The homeowner then may choose how to address the items.
This post is more about sprucing up a home to look its best without breaking the bank. Aside from LOCATION, LOCATION, LOCATION!, the curb appeal is another reason prospective home buyers will look at a property. A home seller can’t move the home, but the seller can improve the appearance of the home.
I learned this trick while showing a property to a buyer client. The subject property was a flipped property done by a large investment company from Los Angeles. Due to the increased competition for the limited inventory of properties that were able to be flipped for profit, the LA based company would work on sheer volume with ultra tight margins. The pictures looked great as the pictures showed the property had been upgraded. The exterior paint in particular looked great.
When my client and I previewed the property, I realized the exterior was not re-painted in whole. The investors paint matched the body of the property and touched up areas. They did however repaint the wood fascia and roof eaves. This translated to significant savings to the seller in reduced remodel costs.
Here are the steps to reduce your costs and make your home looking its best:
Pressure wash the exterior of the home
Patch and fix any wood damage or stucco damage
Repaint the wood fascia and eaves to give it a pop
Touch up paint to the body of the home as necessary
Keep in mind, some homes may look great with just pressure washing.
Happy Home Selling!!
Chris Chin |Broker & Owner
December 8, 2014