Budget Buster: Selling Your Home Now!

Posted in General Blog | 10/11/2012

Windsor Home

Windsor Home

Sellers incorrectly guess that they can’t sell their home because they can’t afford to make the necessary updates or repairs.  It costs money to sell a home there is no doubt, but it doesn’t need to break the bank, especially if the bank is low on funds.  Many people don’t have lots of extra cash these days.  There are not many who have not felt the heat that our economy has wrecked on us the past few years.

However, let me tell you that there are things you can do that can make a world of difference for little money.  Each of the suggestions below cost less than $500.  You don’t need to spend thousands of dollars if you can’t afford it.

1. Create First Impression:

The most important thing you can do when selling your home is to create a good curb appeal so you will attract buyers.  If buyers do not like what they see on the outside, then they won’t make an appointment to see your home.  Period.  Clean the outside of your home, create a pleasing entry way, plant some flowers, wash the windows, paint the front door if needed and switch the hardware if dated.  Place a welcome mat at the front door and make sure all outside lights are cleaned and working.  Making sure there is good curb appeal usually requires more elbow grease than money.

2.  Get Rid Of Personal Belongings and Clutter:

Here’s where you can actually make some money.  If you plan on selling your home and do not want to take items that will not work in your new property, then have a large yard sell and get rid of it.  What doesn’t sell, donate.  The point here is that buyers do not want to see clutter.  If you have excess furniture, store it or sell it.  Remember, the less furniture you have, the larger a room looks.  Store or sell the following as well:

  • Knick-knacks
  • Clothing (buyers want to see organized closets)
  • Kitchen Equipment (if you have two toasters and too many pots and pans, get rid of extras as you want to show an organized kitchen)

3.  Carpets:

If your carpeting is dirty and stained, yet you can’t afford a professional carpet cleaner, then rent a steamer and do it yourself.  Polish and clean all hardwood or ceramic flooring, clean ceiling fan blades, wipe down doors and create an overall spotless home.  A clean home speaks volume to a buyer.

4.  Paint:

A gallon of paint costs pennies compared to a room that is in dire need of a new colour.  If you have a bright colored room, paint it neutral.  Even if your entire home on the inside is covered in orange paint and there is no way you can afford to change every room, then focus on the entry way, kitchen, family room and master bedroom in that order.  It is amazing what a fresh coat of paint can do for re-sale.

5.  Stop Smoking:

At the very least, make sure your smoker takes his habit outside.  The thing is, smells are a big deal breaker.  If your home smells of smoke, a scented candle, potpourri or room fragrance won’t cover it up.  In the kitchen and bathrooms, clean with bleach. Talk to your real estate agent about how to clean your walls or drapes to rid of any offensive odors.

6.  Stop Faucet Drips:

A dripping faucet calls attention to itself and may make the buyer think there is a problem.  If you can fix the problem yourself you will save in plumbing bills.

7.  Dingy and Dinged Baseboards:

Beat-up baseboards detract greatly from the appearance of your home, yet they are easy and inexpensive to fix.  To remove smudges and scrapes try one of the magic erasers they sell in the cleaning aisles at the grocery store. They work great on painted surfaces.  If painting is necessary, consider a washable eggshell finish.  The colour makes the trim look crisp and clean.

8.  Repair Cabinet Scratches:

If your kitchen cabinets have seen better days and look tired and worn, there are several products on the market that can be used to spiffy them up.  Talk to your real estate agent who may have some recommendations on how to make your cabinets an appealing part of your kitchen.

Again, many of these projects take elbow grease and cost little.  Dedicate your weekends to go over each of the above and rest assured that these repairs will not go unnoticed.

Finally, if some repairs are just out of your control, then remember to price your Windsor home well.  An overpriced home that needs a new roof won’t attract the buyers that you need.  Be willing to negotiate when you receive an offer.   Remember, the key is to sell your home at the best possible price.

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