It is time to move out of your home.
You may be upgrading, downgrading, or anything in between. Either way, you want the top dollar for your home. You look around and realize that you need to do some home improvements. These improvements may increase your chance to reach that goal.
You’re first thought is “Which items on the home improvement am I supposed to prioritize first?”
For resale, the most wanted item on your list isn’t necessarily the item that is most important. As inspectors, we have seen amazing improvements as well as terrible ones.
When it comes to improving your home, having an inspection done is an awesome way to keep any surprises from coming up in the future.
The last thing you want is for the buyer to get an inspection, find a lot of problems in the house, and negotiate the price way down from what you were expecting.
So, here is some advice to help you get through your next steps in selling your home.
Get an inspection.
You might be thinking “Ya, of course they are going to recommend this because they are an inspection company. I don’t want to spend extra money on an inspection that doesn’t have to be done!”
What if spending a few hundred dollars on an inspection could make your home sell for a few thousand more?
Like mentioned above, a sellers inspection can help you tremendously. This will allow you to compile a list of issues that need to be fixed before they are presented to the buyer.
A cracked light switch plate, missing caulking on a window, or a broken door nob can all be simple and inexpensive fixes on your home. But, if not fixed before hand, it can add to the long list of problems that have to be recorded on the inspection report.
Imagine being the buyer and seeing a list of 50 things, rather than a list of 30 things.
Even if the 20 extra problems are super simple fixes, they are still 20 extra problems that may sway the decision of a buyer. Many inspectors will give a discounted inspection price for a sellers inspection.
Call around and ask if you can get a deal for this.
Hire Good Professionals
We all want a little bit of Chip and Joanna Gaines within us. It’s easy to think we can conquer a home improvement project that we have never done before.
But, before you get brave, consider hiring a professional to complete the work.
We can’t tell you how many times we’ve walked into homes that had worse repairs than the outdated room.
Some home improvements, if not done properly, can result in much larger and more expensive issues.
A few examples:
- One home we inspected wanted to improve the upstairs master bathroom. It started out with a shower/bath combo. They separated it and put a jacuzzi tub and stand up shower in there. It looked so beautiful and what you would want. Well, there was a game room directly below this particular master bathroom. When we inspected the house, the ceiling of the game room was caving in. It looked like the jacuzzi could collapse at any moment. The original bathroom was not created to bare the weight of the new jacuzzi tub. It needed additional support installed underneath before this improvement was completed.
- Another home wanted to add on a large closet to the master bedroom. For resale, this was an awesome idea. The space used was in the attic. They hired someone to do the job, but went with a repair man that was inexpensive. When the job was all done, they stepped in and realized the framing was not done properly. So, when they went to step on the floor, they easily had the dangers of falling through. The insulation wasn’t installed properly and made the master bedroom very cold or very hot. Long list of problems short, they wasted $5,000 on the add on. In the end, they had to hire a better/more reliable professional. This professional had to completely re-do the job.
Lessons to learn here – don’t attempt a home improvement job yourself if you aren’t experienced AND don’t hire the least expensive repair man for your job.
In the end, it could cost you double the amount you were expecting.
Research the Best Home Improvements for Your Budget
According to Consumer Reports, the kitchen still takes number one priority when potential buyers are looking at a home.
Re-doing the floors, putting a fresh coat of paint on the cabinets, and updating the counter tops can potentially add thousands of dollars to your homes value.
A larger size of the home doesn’t necessarily mean it is more appealing anymore either.
A 2,000 square foot home can feel the same as a 3500 square foot home.
Strategically opening up and efficiently utilizing the space of your home can make a huge difference.
Doing research on the best home improvements to increase value can really help when getting your home ready to sell.
Fix the Small Things
Many things that have to be mentioned in the inspection report to give full disclosure to every client.
Some of these issues may be a simple $5 fix from your local Lowe’s. If they are not fixed, they have to be put in the report.
A buyer may not see it as an inexpensive fix when there are 10-30 items like this. To them, it is another item wrong with the house. You can avoid the buyer being overwhelmed with repairs is to fix the simple things.
Items to check that can be easily fixed and avoided in an inspection report are:
- Cracked light switch covers
- Burnt out light bulbs
- Broken door knobs
- Loose toilets
- Loose recepticals on the walls
- Missing parts to a light fixture
So, if you are a person that hates to have the glass part on the closet light fixture, put it on before the inspection to avoid any mention of something missing.
A home inspection views everything wrong with he house. There is bound to be issues with your home no matter what condition it is in. Make sure you get the top dollar for your home when you are ready to sell. Don’t hesitate to reach out to an inspector, appraiser, or a remodeling company. The more you know, the better the deal will be.
Use Parker Inspections for your home inspection. We will be thorough and honest in every inspection. Contact us at 918-978-6844. Our prices are easily read and affordable.