Sellers, Agents Mostly Agree on Top Home Improvement

Sellers, Agents Mostly Agree on Top Home Improvement

By Melissa Dittmann Tracey, REALTOR® Magazine

Both real estate agents and home sellers see the value in simple home improvement projects, saying theySellers, Agents Mostly Agree on Top Home Improvement Projectsbelieve small renovations can go a long way in helping a home sell faster and for more money, according to a recent Realtor.com survey.

Home sellers may not need as much convincing as previously thought on the reasons why you should spruce up your property before the for-sale sign goes up, according to a survey of 450 REALTORS® and more than 1,600 home owners.

But as sellers realize the importance of home improvement projects to improve a home sale, are they targeting the right projects to attract home buyers?

Apparently so, according to the survey.

Sellers and agents agree on the top three areas of a home that sellers should focus their most time and budget on with home improvement projects. Those are:

  • Kitchens
  • Bathrooms
  • Exterior of the home.

They also tended to agree on what low-cost projects are most important address prior to resale:

  • Decluttering
  • Painting
  • Landscaping projects

As for what’s not worth the time or money, they agreed again: Spending time on the closets, garage, hardscaping (which is landscaping for driveways or other paved surfaces), and installing new windows.

Real estate agents also had two extra recommendations when prepping a home for sale that sellers didn’t rank top on their lists: Having the carpet steam cleaned and the house professionally cleaned. Also, agents recommend spending most of the landscaping attention on the home’s front yard, whereas sellers favored spending more attention to the home’s backyard than front.

Sellers also apparently are willing to put some money behind these renovations. According to the survey, about 24 percent of sellers plan to budget $2,000 to $5,000 on home improvement projects; 22 percent budget $5,000 to $10,000; and about 17 percent budget $10,000 to $20,000.

7 comments:

getarugoriental said...

This post is so useful and makes a bit of extremely pleasant data on home improvement. It is the first occasion when I visit your blog, yet I was amazingly dazzled. Continue posting. Oriental Rugs New York

Danieal Brian said...

Got the exceptional platform even as being at home which I was seeking out for almost a decade and trust me I'm now not dissatisfied with the piece!joybx.net

American Insulation Co said...

I really like this post as you have shared here. I would like to thank you for posting it. Keep Posting. Davie Florida Attic Insulation

jaytechplumbing said...

Recently I read your blog and it was very good. I'm really impressed with this blog. The content was really appreciating. Thanks for sharing this.
residential plumbing company in Guelph

Laura bush said...

Your blog had very good knowledge about house cleaning and that was really commendable ideas you have good knowledge on house cleaning please share more information with us.Home Remodeling Contractors Longview WA

louisdhe said...

You have a genuine capacity to compose a substance that is useful for us. You have shared an amazing post about home improvement. Much obliged to you for your endeavors in sharing such information with us.
Interior design Calgary

miladrealestate said...

Really, You have shared authentic ideas about house selling. These are valuable for those who are confused about which type of house is better for their living. Your way to represent such informative thoughts. palo alto condos