If you are thinking about selling your house fast in NJ, upgrades can be a first step that many people take. However, it is tricky to decide what upgrades are worth the investment (and time) and which are not. In this post, we will talk about what are the upgrades you should do and which you shouldn’t!
3 Upgrades To Invest In:
A fresh coat of paint can easily make a room look completely renovated! It’s amazing the effect that it has! Choose always neutral colors and add a touch of vivid colors elsewhere like a piece of decoration or pillows in the couch, or dare and paint the front door with a really vivid and bright color (I love the yellow ones!)! Painting is a relatively low-cost upgrade that can have a big impact and will make your house look much better!
Plus a fresh coat of paint will cover and dings in the wall, nail holes, etc.
Do: A Kitchen & Bath Facelift
Pay attention here – we’re talking about a facelift, not a major renovation.
If you do a facelift to the Kitchen and Bath, you will cause an amazing impression.
It’s easier and cheaper than you think. You can buy new drawer pulls, new faucets, and even resurface the cabinets! Some appliance manufacturers sell new and alternate colored faceplates.
For example, swapping out the front of your dishwasher to match the other appliances is a great way to save money and tie things together.
You can take the same principles to give your bathroom a quick makeover. Vinyl tiles can go on the floor, right over what you currently have. Do a deep cleaning of the grout, and re-grout if needed.
Fix any cracked tiles or broken hardware. (Wobbly towel racks, etc.) Another option to a complete shower renovation is to install a pre-fab cover. This is much cheaper than doing a whole shower overhaul.
I always say this, but it’s worth to repeat: you never have a second chance to cause a good first impression. Small fixes and additions to the landscape will instantly increase your curb appeal. Keep the lawn mowed, plant some flowers, and cover dirt parts with mulch or rocks (or both). It’s also a good idea to have trees and bushes trimmed.
Maybe throw a fresh coat of paint on the mailbox or hang up a bird feeder and some hanging plants. Small touches and a well-groomed yard will draw anyone in.
3 To Forget About:
Don’t: Finish The Basement
You won’t have the full return on the investment. Also, keep in mind that finishing a basement can be expensive and time-consuming.
There’s always the personal preference as well. I have kids, so I’d rather have carpet in my basement, and make a really big playroom for them. Others would rather have tile floor, and maybe build a man-cave. When it comes to the basement, personal preference is really important.
When pricing the home, account for the unfinished space and let buyers know that is reflected in your pricing.
Don’t: Add a Patio, Deck or Pool
Believe me – you don’t want to spend that amount of money, mainly because you won’t have the return on the investment. Instead, try to freshen-up the space. Use plants or pavers to tidy up and beautify, paint what needs to be painted, and try to keep it clean.
Pools here in New Jersey are not a must – we roughly have 5 hot months during the year, so the benefit of having a pool is not worth it, and prospective buyers with small children may worry about safety and many people may not want to worry about the hassle and upkeep of maintaining their own pool.
Don’t: Do A Major Renovation to The Kitchen or Bathrooms
Don’t waste your money with a complete overhaul unless it is absolutely necessary due to water or fire damage. The cost does not make sense, especially when homebuyers will have their own tastes. Many homeowners would prefer a credit to the home price allowing them to upgrade on their terms.
In summary: Don’t over-improve… keep it simple!