5 Inexpensive Steps to a Speedy Home Sale

Written by Posted On Tuesday, 10 February 2015 13:10

5 Inexpensive Steps to a Speedy Home Sale

If you’re a homeowner considering a move, you may be wondering what’s next. Do I need to renovate the kitchen? Repaint the exterior? Replace the flooring? Before taking on a costly remodel, consider this: these measures don’t always recoup the highest percentages in return. Many sellers have much more success by investing in upgrades that boost their home’s value in the process. The best part? Both sides of the transaction profit.

Consumer Reports recommends completing these updates:

1. Paint key rooms.
In the grand scheme of things, painting is one of the least expensive ways to freshen up your home for sale, but it can cost up to $300 a room if you’re hiring a pro to do your entire home. Save big by painting just a few select areas: high-traffic rooms, like the kitchen and bathrooms, and rooms with brightly-painted walls. You can save even more by doing the project yourself – a gallon of paint averages about $30.

2. Spruce up the exterior.
Your home’s exterior is the first impression for many buyers online and in person. Aside from keeping up with maintenance like mowing the lawn and trimming shrubs, assess the outside of your home for any repair work – a fading front door, cracked siding or a loose step – that needs to be completed before selling. And don’t forget about the roof. If it needs to be replaced, choose an inexpensive but durable option, like standard, three-tab asphalt shingles. They cost approximately $75 per 100 square feet, including installation.

3. Upgrade the bathroom.
Bathrooms can become a point of contention for buyers if they’re not in tip-top shape. Rather than taking on an expensive renovation, make minor upgrades that have an impact. Caulk the tub, re-grout tile, and install new fixtures. Larger, less costly fixes are also a possibility if you know where to look – a new vanity, for instance, can cost less than $1,000 if you shop around.

4. Make kitchen repairs.
Buyers want to be wowed by the kitchen, but that doesn’t mean you have to fork over tens of thousands of dollars to make that happen. Focus on making repairs that cost well under $500, like tightening a leaky faucet or eliminating burn marks on countertops. For a cheap alternative to repainting your cabinets, consider updating your hardware in a modern finish.

5. Clean, clean, clean.
Even if the home has been renovated top to bottom, a messy appearance can be the ultimate deal breaker. Fortunately for sellers, de-cluttering and de-personalizing doesn’t have to cost a dime. A short list that will help buyers visualize living in the home:

- Vacuum, dust and wipe all surfaces regularly while your home is on the market.
- Pare down closets to the bare essentials.
- Replace family or otherwise personal photos with neutral wall art.
- Cut clutter in cabinets and on bookshelves.
- Keep counter and tabletops clear, especially during an open house.

If the project is overwhelming, consider hiring a professional cleaning service or organizer to cut through the chaos. A pro can cost anywhere from $600 to $2,500.

Source: Consumer Reports

Reprinted with permission from RISMedia. ©2015. All rights reserved.

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Diana Merola

Diana Merola has lived in the Colorado Springs/Monument area for the past 13 years.  She is a graduate of The University of Texas where she earned her Bachelor's degree in Business with a concentration in Marketing.  In 2004, Diana further earned her real estate broker license and is associated with Shorewood Real Estate as a Broker Associate.  She will guide you through a smooth real estate experience, communicating with you throughout.  Diana's attention to detail will impress you and often her listed homes sell ahead of the average, selling homes in all price ranges. Through good markets and slow markets, you can count on Diana to help you get your property sold. You are most important and you are assured the one on one attention you deserve.

Diana is an active member of the Pikes Peak Association of Realtors, National Association of Realtors, and the Colorado Association of Realtors.  She has extensive experience with Relocations, Military families & USAA members.

Diana began her career working with Fortune 500 Companies, marketing in several Southern and Eastern states around the country eventually becoming a District Manager.  Over the years, her development of business, keen skills and public relations afforded her the opportunity to become a successful business owner and Entrepreneur.  Diana's success was enhanced by the support of her husband Ken and when it came time for his business move to Colorado, Diana supported his move as well.  Diana sold her own business in a short period of time and came to realize the start of a career in real estate.  Diana’s extensive business  knowledge, attention to detail and negotiating skills are all benefits as a Realtor but it is the genuine care she has for her clients that really drives her.  Diana's husband is an Engineer in Colorado Springs.  They have three wonderful kids. Their youngest graduated Lewis Palmer High School in May Summa Cum Laude and is attending the University of Colorado, Boulder studying computer science. He also volunteers with Diana for the Fostering Hope Foundation. Their daughters, one in her last year in college and the other a Physician Assistant love to spend their time in the Colorado mountains snowboarding or climbing "The Incline".  Who can resist the beautiful snow and Colorado blue skies!! 

But when it's time to for business, Diana would love to put her experience to work for you.  Whether you need to sell your home or find your perfect home, Diana can help.  "Call anytime, I am only a phone call away.  I look forward to hearing from you."

A Special Thank You to our Military Men and Women For Your Dedication to our Country!
 Including my father who at the age of 17 left his senior year to enlist in the Navy to fight in
 World War II and later in the Korean War.  My heart is with you, the military families.

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