Everyone wants a beautiful home, and when the time comes, will make them money when they sell. Repairing your home is common before selling. Taking the time to do home repairs before selling can add thousands of dollars to your sale price.
Picking the right repairs for your home can be tricky. With quick-changing styles and tastes, it’s important to choose repairs that will appeal to any buyer. Thankfully with a little elbow grease and DIY spirit you can have a beautiful home that sells. These important repairs to make before selling a house not only beautify your home but will impress new buyers.
Here Are 3 Money Making Home Repairs To Make To Your Home Before Selling Your Home!
Painting
Who doesn’t love a fresh coat of paint? Painting a home is a great way to revitalize your home. With the right paint colors as well you can possibly earn more for your home when you choose to sell.
Top Selling Paint Colors Are:
- Gray
- White
- Tan
- Light Blue
Zillow reported that Gray Paint is one of the best home repairs to make before selling. Homes with gray paint in the exterior or interior, increased a home value, and sale price on average by $1,100.
Painting is one of the most important repairs to make before selling a house, as it gives a home a fresh appearance. Whether you choose to paint the exterior, Interior, or even the front door, painting a home is one of the easiest ways to make money before you sell.
Fresh coats of paint are the top improvement made by house flippers and private mortgage note buyers. No matter what colors you choose to paint your home, painting is a low-cost, high return DIY that anyone can do!
Change Windows
While a much larger repair than others on this list, no one can deny the importance of great windows on a home. Boasting an array of benefits to homeowners and potential buyers, new windows are one of the top-selling home repairs.
The National Association of Home Builders survey showed that energy-efficient windows are ranked desirable by 90% of home buyers, so replacing windows might be a good place to spend your pre-listing improvement dollars. New windows can add over $9,000 in home value and a return on investment of 85%.
Windows are ironically often overlooked aspects of a home, and one that buyers are looking for. Curb appeal and temperature control are just some of the perks of adding new windows to your home.
Why You Should Add New Windows Before Selling Your Home:
- Improved Home Value
- Energy Efficiency
- Home Buyer Desirability
- Improved Lighting
- Improved Temperature Control
- Smaller Energy Bills
If you want to learn more about adding windows, read more here. New windows are one of the top home repairs to make before selling. It makes your home more attractive and appealing to buyers.
Flooring
Flooring is one of the most important home repairs to make before selling your home. As floors are one of the most common features buyers look for when home shopping.
A recent study conducted by the National Association of Realtors found that 54% of buyers were willing to pay more for homes decked out in hardwood. And in 2019, new wood flooring ranked as the #4 most popular project to attract potential buyers, right below kitchen-related projects and HVAC replacements.
The study also showed that while real hardwood floors had the best resale value, homes with any new floors (manufactured, carpet, etc) sold better than those without.
If new floors aren’t in your budget before you sell your home, repairing and deep cleaning your existing floors may help in the sale of your home.
Before you list your home for sale, you should evaluate the wear of your floors. Carpet, should always be deep cleaned, and not have any stains. Tile floors should be patched if there are any cracks or chips. Wood floors should be sanded and refinished to be appealing to buyers. These simple repairs can make a big impression on a potential buyer.
Floors are one of the most important repairs to make before selling a house. Buyers are willing to pay more for a home that has nice floors. Depending on the condition of your home, adding new flooring or repairing your existing flooring can make an impact on how well your home sells.
Summary:
When real estate investors look for homes, they often look for home repairs that will wow and impress buyers. These money-making home repairs to make before selling your home can add thousands of dollars to your sales price.
The Top 3 Money Making Home Repairs To Make To Your Home Before Selling Are:
- Painting
- Replacing Windows
- Repair Or Replace Flooring
About the Author: Catherine Way is the Marketing Manager at Prime Plus Mortgages: Mortgage Notes For Sale . She has created content for the following industries: Real Estate, Mortgage, Finance, Business, Real Estate Investing and many more.