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Sellers can’t afford to not make home improvements anymore
Updating your home before selling can be a significant factor in selling your home quickly, and for more. A well-maintained and updated home simply appeals to a wider range of potential buyers. Homes that are renovated or refreshed for the market sell faster than the homes that sell as-is. In today’s competitive real estate market, updating your home with strategic home improvements can give you a significant advantage.
Since potential buyers typically rely on snap judgements to decide whether or not they like a home, 99% of NAR members state that curb appeal home improvements matter when selling a home. So creating an unforgettable first impression with key curb appeal updates is an essential step to garnering interest in your listing. Updating your home – inside and out – can also make it more functional, comfortable, and attractive to live in, which can help generate more interest and lead to a quicker sale.
Additionally, updating your home before selling can also increase its market value, making it more appealing to potential buyers who are looking for a home with a higher resale value. This can be particularly important for homes that are in need of significant repairs or upgrades, as investing in these updates can not only increase the value of your home but also help it sell more quickly. Furthermore, updated homes often sell for higher prices than homes that have not been updated, giving you the opportunity to maximize your investment and sell your home for the highest possible price.
Whether you’re planning to sell your home in the near future or just want to ensure it maintains its value, investing in home improvements is a smart move. Now, we’ll explore 4 reasons why home improvements are mandatory if you want to sell for more:
1. Boosts Your Home’s Resale Value
One of the primary benefits of home improvements is that they can significantly increase your home’s resale value. By making updates and upgrades, you can make your home more appealing to potential buyers, which can lead to higher offers and a quicker sale.
Home improvements to focus on:
- Exterior updates
- Updated lighting fixtures
- Fresh paint
- Modern decor/staging
- Kitchen refreshes
By narrowing your focus to only the updates that will earn you more money, you guarantee that the investment in your home will not be in vain. In fact, the average ROI for Curbio projects is 269%. Meaning for every dollar you spend on your home, you make $2.69.
2. Improves Energy Efficiency
Investing in energy-efficient upgrades, such as new windows, insulation, and HVAC systems, can help lower your energy bills and make your home more environmentally friendly. These upgrades can also be a selling point for potential buyers, who are often interested in finding a home that’s energy-efficient.
3. Adds More Living Space
Adding more living space, such as a finished basement, sunroom, or deck, can help make your home more attractive to potential buyers. When considering which home improvements to invest in, the wisest place to start is on updates that will increase square footage.
The best returns come from adding a bedroom or bathroom, opening a floor plan, or enclosing a patio to become a sunroom. Buyers are always looking for an extra flex space, especially now that working from home is so common.
4. Makes Home More Functional
Making repairs and maintenance upgrades, such as fixing a leaky roof, replacing outdated plumbing, or repairing damaged flooring, can help ensure your home is in top condition for potential buyers. These types of home improvements can also increase your home’s value and help it sell for more.
While you’re adding functionality, keep safety and security in mind as well. Adding smoke detectors, installing a security system, or upgrading your electrical system can not only increase the value of your home but also give potential buyers peace of mind.
If you’re thinking about selling in this market – you’re probably convinced at this point that you are among the 87% of homeowners that needs to make at least some home improvements. But sticker shock is a real thing! Especially when you take into consideration how many expenses you absorb in the home sale process. To ease the burden but still make key updates that will help your home sell faster, and for more, use Curbio. Curbio is a streamlined solution for an industry typically fraught with complications, delays, and challenges. Plus, homeowners don’t pay a dime until the home sells – and they pocket the profit. That’s right! 0% interest, $0 down, and 0 hidden fees.
To reiterate, Curbio offers:
- 0% interest
- $0 down
- 0 hidden fees
- 0 credit checks
- 269% ROI on home updates
- 50% faster project completion
- $80,000 on average in profit to the homeowner
Why not let someone else take over the headache and stress of improving your home for market? Save your money, your time, and your sanity. Learn more about how Curbio works and get started today.