Tips on Preparing Your Home for the Fall Market
Have you been considering selling your home? If so, now might be the perfect time – nationally, home prices have increased 5.9% year over year as buyer demand remains strong and sale inventory has decreased. To help maximize the sale price of your home, we would like to share 7 tips to help prepare your home for the fall market. As always don’t hesitate to get in touch if you have any questions!
An oldie but goodie, Marie Kondo’s perennial question still holds dear. Does it spark joy? Remove items that no longer serve a purpose in your home or life.
Organize & Categorize
Maximize your space by organizing common goods/products then categorizing them using aesthetically pleasing and multifunctional containers. Check out The Home Edit on Instagram for inspo.
Along with exterior painting, landscaping also determines whether your home feels inviting from the outside. If you’re not sure where to start, local garden centers often offer free design services, or ask your neighbors for recommendations. The average homeowner spends about $3,502 for landscaping and $1,465 on a designer, according to the American Nursery Landscape Association.
We truly believe in the power of paint – it can be very transformative whether it’s used on the interior or exterior. Painting the exterior can enhance curb appeal and helps make a strong first impression for potential buyers. This fall, the exterior trending colors are Dovetail by Sherwin-Williams, Teal Mosaic by Behr Ultra and Aesthetic White, also by Sherwin-Williams. While on the interior, a fresh paint job provides an instant facelift. For interior paint color, we recommend white or light, neutral tones.
Key Room Updates
Consider undertaking minor remodels of key rooms that will provide the biggest average return at resale such as the bathroom or kitchen. According to HGTV, a minor bathroom remodel has an average recoup rate of 102%. Replacing the tub, tile surround, floor, toilet, sink, vanity and fixtures costs approximately $10,500. The average return is $10,700 at resale, a return of investment of 102%.
ICYMI – Insider Tips for Prepping Your Home for Sale Webinar
For more great tips, check out our October webinar, which features Eden Roundtree from Odin + Friday Home Staging below.
And don’t forget if you are considering selling, Compass Concierge can help cover the upfront costs associated with these improvements and services with no interest. Click here for more information or get in touch to learn more.