It is common knowledge that you should do everything you can to improve the presentation of your home before trying to sell it.
This makes a lot of sense, but it’s not an absolute rule, and there can be some very good reasons why you want to essentially sell your home the way it is.
With that in mind, here’s a quick guide to the pros and cons of decorating your home before you sell it.
Quite clearly, you want to make your home a place where buyers want to live, and this will go far beyond the kind of “hard” specifications that they can read in a description, such as: B. the number of bedrooms and their size.
You want to offer them the prospect of a desirable lifestyle that spans all areas of the home, especially the kitchen and bathroom.
The reason kitchens and bathrooms are generally so important to the home sales process is that these rooms are usually the most difficult to update.
If you do this right, you can let your home race out of the market at the best price, while other nearby properties are overlooked.
The disadvantages of decorating your home before sale depend on the cost and effort involved, and whether they are likely to be justified by a faster sale and / or a higher profit.
A coat of paint and professional deep cleaning both cost very little and should be considered a must before every home sale.
Likewise, messing up doesn’t cost anything (in fact, it can even make some money if you can sell some of your things and could at least save money on moving expenses), so this should be done as standard.
However, once you go beyond that, you need to think carefully about your potential return on investment and be aware that the more expensive an update is, the more expensive it will be to get the money spent on it.
It’s also worth noting that expensive updates are usually important. So if something goes wrong, it can have a significant impact on your ability to sell your home in the first place, at least in the short term, until the problems are resolved.
You also risk creating a situation where the only way to recoup the money you spent on the upgrades is to value your home at a level that few buyers can afford even if you want to.
What you need to keep in mind here is that most buyers need mortgages. Even if a mortgage lender is willing to accept your higher valuation, the higher price translates into higher financing costs (and possibly higher stamp duty) while you sell your home “as is” and let buyers upgrade it for them become significantly cheaper and give them the opportunity to get exactly what they want.
Are indlu Real estate agents in Manchester It offers a no-sale, no-fee real estate agency service in the Northwest, as well as free online service House price estimation to find out how much your home is worth.