Are you thinking about selling your Atlanta home? Unfortunately, you just missed a blazing hot seller’s market within the past few years that would have probably yielded you an enormous amount of money over the selling price. But there is still some opportunity to make good money on the sale of your home, even though the Fed has raised interest rates to control the out-of-control real estate market. So how do you do it? The best way to get the most bang for your buck is to fix critical areas of your home that will result in a high return on investment (ROI). So, consider these critical areas you should concentrate on when selling.
While it may seem obvious that the outdoor areas should be on this list, many homeowners don’t seem to put this high on their priority list. But the beauty and interest you create outdoors could be why buyers want to enter. So make sure you focus plenty of your renovation budget on this home area. Putting a fresh coat of paint on the door or upgrading the door entirely can make a difference. Another crucial area of focus is on the landscape itself. Cutting the grass and adding mulch may be all you need to do to the landscape. But if you’re much more ambitious, adding some fresh flowers that are in season may be a good idea, and even upgrading some hardscapes. Finally, don’t forget to ensure that your house exterior is clean or has a fresh coat of paint. You may not get a second chance to make a first impression. So, put most of your energy into this part of the house so buyers will want to view other parts.
Bathrooms have become more than just a place to bathe and use the toilet. Today’s bathroom has become quite the retreat for many homeowners. They want them to have a spa-like feel with plenty of room and great lighting. So, if you want part of your home to invest in your remodeling budget, consider enhancing your primary bathroom. If you have more budget left over, consider getting all of your bathrooms upgraded. On average, you’ll recoup 70 percent of your investment.
As with bathrooms, this area of the house is critical. Buyers want a kitchen that is spacious and functional. It doesn’t hurt to put top-quality appliances in this area, also. You may recoup somewhere between 58 percent and 81 percent for a kitchen remodel. Remember that you may not have to go all out to achieve great results. Focus on the flooring, lighting, appliances, and hardware, and you’ll be able to get good money for your investment. If you don’t have much budget for replacing cabinets, consider painting or staining them to achieve a fresh look.
A Splash of Paint
Don’t underestimate the power of paint. Freshening your interior could yield over 100 percent return on investment, while the exterior could generate about 55 percent. Not only will paint bring in an excellent investment return, but it can also make your house look new. So, make sure that you take advantage of this economical solution for getting your home ready to sell.
While these aren’t the only upgrades you can make to get your home ready to sell, they are certainly some cost-effective ones. You don’t have to upgrade every nook and cranny of your home to get buyers’ interest. Just focusing on those with high ROI may be all you need to get it off the market.
Image of a nice house courtesy of 11226026 © Harperdrewart | Dreamstime.com
Mel Childs is the author of this article and the owner of Move Me To Atlanta. She also owns her own writing company in the suburbs of Atlanta, Georgia. Additionally, she has written freelance for various publications, including Bob Vila, This Old House, Lawnstarter, WikiLawn, Homelight, Fixr, LeadsForward, Upscale Magazine, Black EOE Journal, Ancient Origins,