Where to Spend Money to Save Money When Selling Your Home
Wednesday, January 15, 2020, 6:00 AM | Leave Comment
Regardless of why you are selling your home, you probably want to make as much money as possible.
While the value of your property plays a huge role in the price you’ll fetch, there are changes you can make to your house to turn a bigger profit.
Below are just a few areas in which you can spend some money in order to save – or even make – more when you sell your house.
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Tuning Your Utilities
Your utility systems are always important to potential buyers. Not only do buyers want to ensure that you have working HVAC, plumbing, and electrical systems, but they also want to know that they’re not going to spend too much to keep their potential new home running. If you want to convince your buyers that your house is worth a little extra, ensuring that these systems are in great shape is a great route to take. Not only will it look great to buyers, but it will save you from surprise repairs after an inspection.
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Marketing
Real Estate marketing is one of those areas in which spending a little ahead of time can net you a much bigger profit. Your goal as someone who is selling his or her home is to get as many eyes on your house as possible so that you can get as many people to put in offers as you can. If you invest in a solid marketing strategy, you’ll have a better chance of getting great offers and you might even spark a bidding war on your property.
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Home Staging
Part of selling your home is selling the story of what it could be. If you are willing to work with a staging company, you can help would-be buyers to see the potential in your property. With a little luck, the money you spend on staging can turn into a better offer on your house.
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Landscaping
Not only does landscaping bring direct value to your home, it will bring in more interested buyers. Since your front yard is the first thing that most people will see, taking some time to make sure it’s in good shape is a must. While spending a few hundred dollars to ensure that your yard is in good shape probably won’t drive up your sales price, it will definitely keep it from plummeting due to disinterest.
Don’t be afraid to spend money in the right ways when you sell your home. Think about what would be attractive to buyers and then invest in those areas. With luck, the money you spend will be recouped when you sell your home more quickly.
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Meghan Belnap is a freelance writer who enjoys spending time with her family. She also enjoys being in the outdoors and exploring new opportunities whenever they arise. Meghan also enjoys researching new topics that help to expand her horizons. You can often find her buried in a good book or out looking for an adventure. You can connect with her on Facebook and Twitter.
