Renovating your home to sell can be an exciting and overwhelming time. To help make sure you don't make any major mistakes with renovations, we've rounded up some key things to avoid.
While we all hope to be a renovation reality star, not all make-overs make sense to do when you’re renovating to sell. To help you avoid some costly mishaps, we’ll go over everything you should do to help your home sell for top dollar. Here’s our go-to renovation guide for sellers.
1. Not Asking a Professional for Help When Selling Your Home
If you’re wondering how to sell my house fast, start by reaching out to a home sales professional. They can help you gauge if selling your home as-is or fixing it up will be worth the investment. In some cases, selling your home quickly, for cash is the better way to go.
In some areas, making a few small renovations can really help your home increase in value. A professional can help you see where you’ll get the most return on your investment.
2. Trying to Do Everything Yourself
While you may fancy yourself as a do-it-yourself maven, some things are best left to the professionals. Electric, HVAC, plumbing, and major exterior work are all examples of this. If you have no idea how to re-wire a lighting fixture, don’t do it.
Trying to do everything yourself can actually cost you more in the long run. Not only will it have to be re-done, but it could also cost you at inspection time. A professional contractor can also give you kitchen remodeling ideas and renovations for bathrooms that won’t break the bank.
3. Remember Both Indoor and Outdoor Renovations
While kitchens and bathrooms are often thought of as giving the most bang for your buck, certain outdoor renovations are also worthwhile. Adding a deck, for example, can give you an 80% return on your investment.
Don’t forget your curb appeal either. Giving your front door a refresh or updating your landscaping are all inexpensive renovations that can help your home sell faster.
4. Not Creating a Home Renovation Budget
One of the most important things you can do when renovating to sell is to create a budget. Creating a realistic budget will help make sure you don’t overspend. You want to make sure you’re getting as much of your money back as possible.
5. Not Sticking to a Timeline
A timeline is an important part of any renovation. If you’re trying to sell your home quickly, this is especially critical. To help keep yourself on track, sketch out a timeline for having each project completed. Share this with your contractors as well and give yourself a buffer to account for any hiccups.
How to Avoid Mistakes with Renovations
Knowing how to avoid mistakes with renovations will help your home sell quickly and for more money. Some of the best things to do when you’re renovating to sell are to create a realistic budget, timeline, and goals.
Keep in mind the projects that will give you the best return on your investment. You want to get back as much as possible when you sell. For more great tips, visit the home section for helpful resources and ideas.