UPGRADES TO CONSIDER WHEN SELLING A SHADOWRIDGE HOME
Most of the homes in Shadowridge were built in the 1980’s. Over the years many have been upgraded, particularly their kitchens and bathrooms. Most online reports say the return on investment you will receive when you upgrade will be less than your cost. Even though, it is my sales experience in Shadowridge (12 years) upgrading homes need to be done to bring the home current and competitive with others that are on the market. Many of the homes that come on the market are upgraded. Shadowridge is a highly desirable area and sellers know buyers prefer the upgraded homes.
First impressions are all important. The front of your house is the first thing potential buyers see, so make sure it's stately and welcoming. Repainting the door is a simple upgrade that makes a big difference. A dirty, dull, beige front door looks uninviting and drab. A bright colored door is desirable. Also be sure the door handle is in good working order. Any dated door hardware should be replaced, it is the first thing a buyer touches. If you're going to spend money, do it where everyone will notice—on the front of your house.
When determining which areas of the home exterior need improving, try approaching the house from the curb to the front door. Add plants and a new fresh welcome mat to the entryway. Adding new house numbers is a nice touch.
I am often asked which upgrades will give a good return on investment. The feature that rises to the top is the garage door. Over the years a lot of the original garage doors have been replaced which is great. If yours’ hasn’t, it is something that needs to be done. This curb-appeal enhancer will get you back almost every dollar you spend on it. Be sure to inspect the stucco exterior for repairs or if it needs painting.
Paint provides dramatic results. You can hire a professional or do it yourself. If you decide to hire a professional to do the work, be sure to get more than one proposal. I have found over the years painting quality and price vary considerably.
Think about which areas of the interior of your home prospective buyers care about most. For instance, a recent Realtor.com report found that 80 percent of homebuyers said the kitchen was one of the most important spaces in their home. Most people consider the kitchen to be the heart of the home, and because of this, updates are extremely important. Shadowridge kitchens were built in the eighties and the contractors used small white square tiles for the kitchen counter tops, today they are dated. Over the years, sellers in Shadowridge have been updating their counter tops and buyers love it. Upgrading to granite or something similar gives the kitchen a great new look. Adding a matching new counter back splash is also desirable.
Instead of replacing cabinets (which is expensive), adding fresh paint has proven to be a good alternative. A couple coats of new paint can make an outdated kitchen look much more modern and clean. Updating the cabinet handles after painting is a natural improvement.
You might also consider replacing dated appliances with new stainless steel models. Granite countertops and stainless steel appliances, both considered pricey upgrades for years, are now standards.
Lots of my buyers made favorable comments when they saw a new kitchen sink and faucet had been installed. Kitchen upgrades are desirable and improve your chances of selling your house quickly.
Bathroom upgrades include can include countertops and new fixtures, but avoid anything too trendy. Choose classic colors like off-white that will appeal to people with both traditional and contemporary tastes. There’s no need to splurge on fancy fixtures. For quick touch-ups on existing sinks, toilets, and tubs, consider hiring a surface-restoration company that recoats ceramic, porcelain, and fiberglass fixtures with a chemical bonding agent that looks like shiny new porcelain. Check the fixtures particularly the shower to see if it needs new caulking.
You Can Never Have Too Much Light. A lot of folks overlook lighting’s role, but lighting adds to the atmosphere. Buyers like light and bright homes. All rooms should have adequate lighting. Owners in Shadowridge have replaced dated kitchen florescent tubing light with recessed lights and it makes a very nice visual upgrade. If a room has no overhead lighting, you can have a electrician add a fan with lighting.
Flooring is key to the look and feel of a home and wood floors are pricey but never seem to go out of style. Laminate floors are less expensive but appealing. Inspect the carpet, be sure it is clean and replace it if necessary.
Most Common Home Improvement Projects
Every year, Remodeling Magazine compares national average costs for popular remodeling projects with the value those projects retain when the homes sell. Each year this cost vs. value analysis turns up similar trends on which projects deliver the most return on investment (ROI).
· Replacing your front door and your garage door are relatively cheap projects delivering 85-100 percent ROI due to their high functionality plus curb appeal.
· Siding replacements and wood deck additions are slightly more expensive projects delivering 70-80 percent ROI.
· A minor kitchen remodel will deliver 70-80 percent ROI, whereas a major kitchen remodel will deliver about 65 percent ROI.
· Window replacement will deliver 68-78 percent ROI.
· Roof replacement will deliver 60-70 percent ROI.
· Bathroom remodel will deliver 60-70 percent ROI.
As these generalized figures demonstrate, few individual home improvement projects recoup their full cost as a standalone item. Collectively they raise the value and speed up the sale
Other desirable updates include the following:
1. Update light switches and electrical plates to give your home a fresh look and a tech upgrade.
2. Crown molding adds charm and value to a home.
3. Replace older water heaters.
5. Replacing thin 2 or 3 inch baseboards with new 5-6 inch boards is a nice touch .
6. Buyers like double paned windows and sliding glass doors.
I hope the preceding has been helpful, with questions regarding the upgrading of a home, give me a call.
Steve Blair 760-216-8008 firstname.lastname@example.org