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Cheap Repairs Can Equal Big Profits

 
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Petra Brinkmann-Wulf

When you buy or sell your home you want to maximize your profits without breaking the bank. Fortunately there are ways of making inexpensive improvements that can do exactly that.

You do not have to be a skilled professional tradesperson to improve the saleability of your home. All you need is some time, effort and a few good tools in your arsenal.

When it comes time to sell your home first impressions are very important and the first thing most buyer will see is the state of the homes around yours. It may be difficult but ask your neighbours to help by clearing their homes from junk, yard waste and other items that detract from the neighbourhood’s beauty. Help them understand that they also improving the value of their own homes.

For those that are a bit stubborn you can offer to do some of the yard work for them, take items to the dump or even offer to reward them with a small cash incentive that they can claim at the end of your successful sale. Finding creative ways of cooperation is the key.

Show your neighbours ways of increasing their homes curb appeal by trimming the hedges, mowing the lawn and other simple landscaping jobs. You may even want to invest in buying some plants for them. Once they see how nice their home can be they will take more pride in it.

One of the most important parts of selling a home is the home inspection that can reveal some maintenance and repair issues. Be preemptive in this department. Take the time to repair or replace any minor problems like leaky plumbing or minor electrical issues. The better the results of the home inspection, the less likely the buyer is going to come back to try and renegotiate a lower price.

If your home has carpeting replacing it can be costly and may not give you the best return. But simply having it shampooed will make a huge difference. Some minor damage to hardwood floors can be camouflaged by laying down a area rug or with creative positioning of furniture. Buyers will still find these and other flaws when they look closer but your intent is to give a good first impression and to show your home’s potential when a little more work is put in.

Even if the paint on the walls of your home looks fine it can become dull, faded or dirty, especially in areas like the kitchen from cooking. A fresh coat of paint will go a long way to brightening and breathing new life into your house. This will also give a chance to patch any small holes or cracks in the walls.

If you have any cracked or broken windows it is a good idea to replace them as these can give a buyer the opportunity to negotiate a price reduction. Even a home with new windows that are just dirty can fetch a lower selling price so give them a good cleaning.

All of this extra effort will give the buyer the feeling that you have pride in your home which can equate to a higher offer being made. Put yourself in their shoes. If you would be willing to pay a little more for a well maintained home chances are they would be too.

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As a specialist in Wasaga Beach Real Estate and surrounding areas Petra Brinkmann-Wulf can assist with your real estate needs. If you are in the market for cottages Wasaga Beach is a prime area so feel free to visit the site and search for property.

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Article published on March 05, 2009 at Isnare.com
 
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