Curb Appeal Is Important Even In A Hyper-Sellers’ Market
Athough we’re still solidly in a sellers’ market – and it looks like things are going to stay that way for a while – some things are as important now as they were in the last buyers’ market. How a property presents from the street is a prime example.
Your home’s curb appeal is the first chance to impress potential buyers. Whether buyers are wowed by a beautiful and well-maintained yard or are repelled by dirty exterior walls and an overgrown lawn can significantly impact your home’s sales price if you’re thinking of selling it this spring.
When buyers pull up to a house, they want to be able to picture themselves living in and coming home to it. Dead grass and chipped paint can make that even more challenging to visualize. Making sure your home is prepared – both inside and out – before you put it on the market could help it sell faster and for top dollar.
Here are a few tips from the Northeast Tennessee Association of REALTOR® (NETAR) and the National Association of REALTORS® (NAR) to make sure your curb appeal is making the best impression on potential buyers:
- Clean your house. It’s not only the inside of your home that needs to be kept clean of dirt and grime. The outside of your home should be just as spotless. Clean your outer walls with soapy water and wash your windows inside and out. According to the NETAR and NAR, washing your house can add $10,000 to $15,000 to the sale price.
- A new coat of paint. After you’ve cleaned your home’s exterior, the next step is to apply a fresh coat of paint. A new coat of paint is like a face-lift for your home. But don’t try to make a statement with your home’s color. If your home is a wildly different color from the other homes in your neighborhood, it could negatively affect your home’s appraisal.
- A well-manicured yard. Your front yard creates your home’s first impression to prospective buyers, so make sure that your lawn is green and trimmed and your shrubs and flower beds are well-tended. It is important to keep your yard neat, raking any fallen leaves and pulling any weeds. If there is a barren tree in your front yard, cut it down and replace it with grass.
- Repair the roof. If your roof is damaged, dirty, or missing shingles, it can have a negative impact on the value of your home. If your neighbors’ roofs are well maintained or have been recently replaced, it will make yours look especially ragged. Sometimes a good cleaning is all you need to have your roof look like new. However, that isn’t a project you will want to take on yourself without the proper equipment; hire a professional with the right tools and training who will be able to clean your roof without damaging it.
By making a few simple changes to your home’s exterior, you can increase your home’s value and hopefully help it sell more quickly.
NETAR is the voice for real estate in Northeast Tennessee. It is the largest trade association in the Northeast Tennessee – Southwest Virginia region representing over 1,400 members and 100 affiliates involved in all aspects of the residential and commercial real estate industries. Pending sales, Trends Reports, and the regional market analytics can be found on the NETAR websites at https://netar.us/voice-real-estate-northeast-tennessee.