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If you’ve seen the Tom Hanks classic movie, “The Money Pit,” you know that while it’s funny happening to someone else, when your fixer-upper home becomes a money pit, it’s more like a horror movie. If you’re looking for a new property and considering an underpriced fixer-upper, you could end up with a nightmare full of endless home repairs.
Time to sell your home here’s what to do next
Timing your home sale can be tricky, especially when you take our unpredictable economic environment into account. Conventional wisdom says spring is the best time to sell a home. During the spring; gardens are blooming, the holidays are behind us, and the new school year is distant. Because spring is a favorite season to sell, there’s a huge increase in competition. You’ll need to use clever marketing and staging techniques to make your property stand out among the others.
Typically, you’ll want to avoid selling in December and January. Buyers tend to be distracted and budgets are often stretched thin during the holiday months.
Pricing—Selling at the Highest Price Possible
First, find out what your Ashburn home is worth by using a free online value estimator tool or by reviewing your recent property tax bill, which is a percentage of your home’s fair market value. Several factors determine your home’s market value—Property condition, square footage, lot size, location, amenities, and recent comparable sales.
There are some simple things you can do to increase the value of your home, starting with removing clutter, painting and washing the walls, and installing high watt bulbs to provide a brighter living space. Larger renovation projects, like redoing kitchens and bathrooms, typically yield a more substantial increase in sales price.
Deep Clean For A Great First Impression
Roll up your sleeves and give your appliances, windows, lighting, and every crevice inside the house a deep cleaning. Powerwash siding, shutters, and give the outside of your windows a good scrub to boost your home’s curb appeal! Maintaining your Ashburn home and not allowing grime to build up will keep these tasks manageable when it’s time to sell.
Get Your Toolbelt Out
You’ll want to repair any items that are noticeably broken. Other things may come up during your home inspection, but you can get ahead of this by checking gutters, drainage, basement leaks, flooring, cabinets and more. Applying a fresh coat of paint and fixing any areas where there’s chipped paint, as well as repairing grout in the kitchen and bathroom can give your home a well-cared-for appearance.
Applying a fresh coat of paint and fixing any areas where there’s chipped paint, as well as repairing grout in the kitchen and bathroom can give your home a well-cared-for appearance.