Take a look at your local real estate listings and you’ll notice that house prices over the course of the last few years have been extremely high, but that may be changing. Rates have risen to their highest point in nearly eight years, putting many home sellers in a bit of a bind.
However, that doesn’t mean that selling your house for a fair price in this market is impossible. By following these easy, affordable tips, you can find ways to increase your home’s worth and make a decent profit after putting it up for sale.
Like many industries, real estate companies have highs and lows in different months. If you’re looking to maximize the return on investment for your home, you’ll want to list it during the spring and summer months. These are usually considered the best months for homeowners to sell their houses. Although there will be more homes on the market, creating increased competition, you’re still better off listing your house during May through July than during the winter.
First impressions are everything, especially when it comes to selling a house during a booming market. If your home’s exterior doesn’t impress potential buyers, then you’re immediately downgrading the building’s worth and losing money. Even if the inside looks spiffy, the outside needs to reflect the home’s true value.
Fortunately, giving your home “curb appeal” doesn’t have to be difficult. Start by tidying up your landscaping and giving everything a fresh coat of paint. Clear out any debris and consider power washing sidewalks and driveways. If necessary, have any cracks or unsightly issues fixed by a handyman before you host any viewings.
According to HGTV, some home upgrades pay off more than others. For instance, remodeling a bathroom or kitchen will help more than repainting all of the walls in the house. Another great way to spruce your house up is to convert unused space, like attics and basements, into usable guest bedrooms or offices.
At D&R Home Solutions, we buy homes in this difficult market. We want you to get top dollar for your home quickly. No matter how run-down your home may be, we can help you inspect the house and determine its true value.
If you’re interested in our services, we offer a free consultation to homeowners in the DFW area. We’ll come out to your property and discuss all of your options with you after an inspection.