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Archives > November 2016

Renovating before Selling?

A common question I get is whether or not to renovate prior to listing your home. This question is best answered at an in home appointment where we can go over the plans you are considering and also the comparable sales in your area. Considering other sold property and their level of updates will play a role in making the decision on your property.

Whether or not to renovate before selling depends on the timeline, financial ability and also the desired outcome. We can dive more into that at an appointment in your home.

This before photo was taken during the Pre- RENO consultation where I discussed with the Investors what would be a good course of action. As it turns out they were already thinking of knocking out this wall but questioned whether or not it would be worth it. I told them YES!! We don’t always knock out walls, so don’t panic! In this case, we chose to open the wall because of the stunning River Valley view. It paid off.

I also helped them choose their paint, flooring, back splash, fixtures and did the Staging for them.

The result? The first open house 4 days later resulted in a PENDING OFFER.

Some sellers are not 100% sure if they should take that on…I am here to help. Not only do I offer a Pre-RENO consult, I also offer options to have the work completed for you, manage the contractors and handle the details from start to finish!

Call /Text  780-218-7444

Jill Turgeon REALTOR, exp Realty

RESA Award Winning Home Stager

 

Home Staging Helps Real Estate Investors and Builders Maximize Profits 

When selling your investment property, are you tempted to leave the house empty? Decorating your house to sell, also called “home staging” will help you sell your investment in record time and get top dollar for your home.

According to home staging expert Debra Gould, investors who are preparing to sell shouldn’t skimp on furnishings and accessories in an attempt to save money. “When you’ve gone through expensive renovations, suffered with delays or extended beyond your budget, it’s difficult to stay motivated to the bitter end,” says Gould. “It can be tempting to say, ‘It’s good enough. The paint’s dry. Let’s put it on the market as is!’  This is shortsighted and can cost you a bundle! It’s relatively inexpensive to rent anything you need, and these finishing touches help ensure that you make the profit you deserve for all those costly renovations and repairs.”

Imagine it’s the Academy Awards. A big star is planning to wear a fabulous designer gown, so she decides she doesn’t really need to get her hair done. Does everyone talk about the fabulous gown? Of course not. All they can remember is the terrible hair!

Or imagine a fine painting that’s been placed in a frame from the dollar store. Does the painting have the same appeal as it would if it had been framed by a professional? Conversely, have you ever taken one of your child’s paintings and had it framed? What a difference it makes compared to how it looks when it’s stuck to the fridge with a magnet.

5 Reasons It’s a Bad Idea to Leave Rooms Empty When Showing Your House

  1. People don’t buy houses; they buy homes.
  1. It is difficult to understand how large a room is when there’s nothing in it to use as a reference point.
  1. People can’t visualize how furniture will fit in an empty space, and if they’re unsure, they don’t buy.
  1. When a room is empty, prospective buyers focus on negative details instead of falling in love with the overall space. Rather than looking at the flow of one room to another, prospective buyers get bogged down in questions like: Is the drywall smooth? Will those bumps in the carpet come out? Why  doesn’t the closet have a hanging bar? Why doesn’t that molding fit perfectly? Why is the light switch in the middle of  the wall?
  1. When a house or even a few rooms are empty, prospective buyers may become distracted from the house itself and shift their focus to the homeowners. Instead of focusing on whether this is the home for them, they may be busy wondering: Is this couple getting a divorce? Has the family left town? Are they selling because they have money problems? This train of thought can then prompt buyers to begin thinking, “Maybe I can put in a low-ball offer since the seller might be desperate.” Definitely not the picture you are trying to paint!

Home staging is about packaging a home to show off its best features and downplay the flaws. You romance the buyer and entice them into making an emotional connection with your house. So, bring in some furnishings and accessories to add character and warmth to the home. Taking the time for these final details will ultimately translate into a higher return on your investment.

Curious about what your home is worth and how my Home Staging services may benefit you?

Call/ Text Jill Turgeon

780-218-7444

REALTOR @ exp Realty

RESA Award Winning Home Stager

*edited for read ability