Curb Appeal and Your ROI
First impressions count. Especially when it comes to selling your home. When buyer’s first pull up to your home, you want to impress them with your curb appeal and sell them before they even look inside. According to a recent study done by Michigan State University, the curb appeal of your home can increase the value by up to 11 percent.
Whether you’re preparing to put your home on the market or are looking for ways to increase your home’s value, focusing on curb appeal is a great way to get a High ROI. But where exactly should you focus? Keep reading to learn more about how you can improve curb appeal to increase the value of your home.
How To Improve Your Curb Appeal For a Higher ROI
Fix up the Exterior
One way you can bring in more buyers is by fixing up the exterior of your home. Start by going outside and taking a good look at your frontyard to see what needs to be improved. The first thing you should observe is your front door. If you have a budget around $1,000, you can purchase a brand new door, if needed, or for a more affordable option you can easily sand and paint your door for under $100.
Next, take a look at your windows. Sometimes they may just need a thorough cleaning. But if they’re broken or cracked, it may be smart to invest the couple hundred dollars to replace them. These are a few exterior items to invest in when fixing up your home to sell for top dollar.
Now let’s look at the home itself. One of the first things buyers look at is the paint job on the home. Is it worn down by the sun or dated? Think about whether you should repaint the exterior a new color or just freshen up the old paint. You can do this on your own for under $300 or hire a team to help you. At the end of the day, with paint being a high priority on a buyer’s list, this investment will go a long way in helping you get a great offer.
The last thing to look at fixing up is your garage. Not only does the garage door add to the curb appeal, but think about inside the garage as well. Buyers will want to visualize if they can organize their stuff in there, add a home gym, or just comfortably keep their cars out of the sun. Adding windows can brighten up the inside of the garage allowing for more workspace and storage or even just decluttering the space. Whatever will allow the buyers to see the potential of the extra space in the garage.
Manage the Yard
Managing the yard and landscape can range from a few hundred dollars to a few thousand depending on if you are going to do it on your own or hire a team. At minimum, you should have a fresh cut lawn with crisp trimming around the edges to bring out the curb appeal. If you don’t have your own trimmer or lawn mower, you can always borrow a neighbors or buy a new or used one. It will be much worth it.
Make sure to give your greenery a little TLC before putting it on the market. Adding in some low-maintenance greenery and flowers with some mulch will not only make the front of your home look clean, fresh and beautiful, but you will also avoid worried buyers visualizing themselves having to keep up with all of the foliage. Keep it light, simple and low-maintenance.
Decorate the Front Porch
This will add to your curb appeal and give you the opportunity to match the exterior with the interior. This will give buyers a first hand look at what they can expect going into the home. Take a look at what the neighbors around you have and some simple furnishings you can add to the front porch. You want to stage the outside just as well as you stage the inside.
If you stage some low budget, simple, sleek furniture on the outside it will give buyers a vision of sitting on their front porch in the mornings enjoying their coffee, or even some extra entertainment space. You can do this by adding in some outdoor furniture you already have, or even renting some modern staging furniture.
Get More From Your Curb Appeal
When looking at the numbers, it’s always a good idea to update your curb appeal before selling your home. According to a joint study by the University of Alabama and the University of Texas at Arlington, premium homes sell for an average of 14% more than those with an uninviting entrance.
Once your home for the market, it’s time to find an agent to help you Sell Fast and Receive Top Dollar for your home. Ranked as a Top Agent in Laguna Niguel, Rosemary has more than 20 years experience helping buyers and sellers in Orange County, and would be honored to help you sell your home. If you're ready to discuss selling before the end of the year, contact Rosemary Hieber today.
- M: 949.285.3215