BIGGEST BANG FOR YOUR BUCK ARIZONA RENOVATIONS
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“What Renovations Are Going to Get Me The Biggest Bang For My Buck?”
When coaching our clients on how to prepare their home to go on the market we always spend some time talking about updates and renovations. The question inevitably comes up, “What renovations are going to get me the biggest bang for my buck?” Well, let’s talk a minute about what your goal is. Specifically, when you are going to be selling your house, your goal is to maximize your profits. By spending too much, you will decrease your profits, but if you don’t do some updating, you will also lose money at the negotiation table. We recommend looking at the following areas (listed from most important to least).
Before we get started, let’s just say this right up front. YOU ARE NOT DOING THESE UPDATES OR RENOVATIONS FOR YOU! This is not about what you like or what your style is. We want to do the things and put in the items that will appeal to the MOST people possible. Okay, now with that said, let’s move on.
First, let’s look at the front of the house. Curb appeal is huge! I have a conversation with my buyers that if we pull up to a house and they don’t like the neighborhood, or the look of the house and they know they would never purchase this house, we don’t get out. You want people to get out of the car. So, take a look at the front of your house. What do you see? Are the bushes and tree’s trimmed back, is the garage door in good repair, is the front door freshly painted? Spruce it all up and get it looking inviting and better than the neighbor’s yards.
Second, let’s look at the Kitchen. You can spend so much money in the kitchen! Focus on the countertops, the backsplashes, updating the appliances and flooring. Don’t go overboard, you don’t want to have the nicest stuff in the neighborhood, but it does need to be updated.
Next, the flooring. Let’s be honest with ourselves, how does the carpet really look? If you want to do a little updating from the laminate up to tile or from the tile up to the hardwood, that would be great. Again, keep in mind that you don’t want to have the nicest stuff in the neighborhood and you aren’t doing this for you.
Bathrooms! More specifically the Master Bathroom. My favorite update is the shower. At the very least, the shower doors. My next favorite update is the light fixtures and mirrors. Those can be quick, cheap and HIGH IMPACT updates. Then look at the countertops, the bathtub (if there is one) and flooring.
The next place to look, would be the backyard. Especially here in Arizona, we love our backyards. Whether or not you have a pool, make your backyard a place that people want to hang out. Clean it up, de-clutter it, put the yard tools away, make it look like you’re ready to host an outdoor party back there.
If you still want to look at any other areas in your house, the last two things I would consider would be the closet organizing systems and any energy efficiency improvements. By focusing on the first 5 areas, you can really get your house ready to show and impress everyone who comes in to see it! Remember, our goal is to get your house sold at the best price possible to maximize your profits and to get it sold as quickly as possible too!
If you have any other questions or would like additional information on how to get your house sold, please contact us at Your Red Door Team. The foundation of our business are the relationships that we form with our clients and your referrals to us are the greatest compliment you can give us. We will take excellent care of them.
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