What are the two key rooms that sell a house? One is the kitchen and the other is the bathroom(s).
Realtor.com states although in some markets the inventory is tight there are solid price increases. With this trend it is even more important to make sure your home speaks to buyers. So what key rooms should you concentrate on to help sell your home?
One key room that sells a house is the kitchen. Did you know that this one room makes up 30% of a buyers decision to buy or walk away? That is a lot of power for one room in a house! If you do not have a new or updated kitchen don’t fret because there are inexpensive things that you can do to help you sell.
Two key rooms that sell
Simple updates to a kitchen
First look at the appliances are they all working? Have they been updated in the last 5 years and are they all the same finish? If you answered yes to all those questions you are in pretty good shape.
Buyers still believe stainless is the way to go. Consider your market first before changing anything. If your market does not bear that price point, all black or white appliances are fine. The mismatched look does not convey well with buyers.
Next, look at your cabinets. Make sure the doors are aligned, insides cleaned and straightened out, clean the surface inside and out. Dirty rooms do not sell a house. If you cannot clean the cabinets of built up grime, try painting them with a fresh coat of high quality latex enamel paint.
Next look at your hardware, is it even in style anymore? If not change it out. Updating hardware can give a kitchen a facelift!
The bathroom is the next key room that sells a home. It does not have to be recently renovated but it does need to be spotless. A fresh coat of paint, keeping personal toiletry items away, clearing counter space, hanging new fresh towels can go a long way. Giving it a fresh feeling is important when selling.
Both in the kitchen and baths, pay attention to your lighting fixtures. If they are original to the house you need to update them. Look to see what is popular now. Spending under $100 to change them out will make a huge impression on the buyer. Small investments such as paint, updated hardware and lighting can have an enormous impact.
Kitchen and bathrooms weigh a lot in the decision making process. Why? Think of remodeling costs, the average kitchen remodel in 2013 was $56,199 to $110,792* and allowing the seller to recoup an average of 57% of that. A bathroom remodel can range from $16,603 to $51,737 whereby sellers recouping 53%.
If you are thinking of selling in the near future there are small improvements you can make that can have a big impact. A professional stager is an excellent resource to utilzie. If you are thinking you will be in your home a few more years, there is no better time than now to renovate because you get to enjoy the fruits of the labor and money invested! Have questions… let me know!
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