Home Updates-What’s the New “In”?
Are you thinking of doing some updates in your home? Usually within about five years of the new “hot” item on the maket, something else comes along to replace it. If you’re wanting to keep the value of your home up or are looking to sell soon, it would be a good idea to think about what may need updating in your home. Remember, potential buyers will be comparing your home to new construction, so knowing what is “in” will help you get the most money on the sale of your home.
From my experience of being in homes the last 22 years, there are two top priorities for holding the value of your home and making it more desirable to the majority of buyers. The first is to think about what is on your walls and the second is to think about what is on your floors.
This may be tough news for some of you, but the days of wallpaper and border are gone. The new homes these days come standard with neutral wall colors and that’s what buyers compare your home to when they are browsing the market. If you have wallpaper or border in some of your rooms, consider taking them down and priming and painting them with a good beige, taupe or other neutral color that can go with any decorating style.
Additionally, many new homes come with wood floors or laminate wood floors throughout the house. This can help keep down smells if there are pets, they are easy to clean and they do not need to be replaced like carpet does. This is especially true for buyers looking at your home as an investment property and are considering renting it out. When most tenants move out, the walls need to be touched up and often carpet needs to be replaced. By having wood laminate floors, the risk is greatly reduced that the owner will need to replace the flooring before the next tenant moves in. This can save them a lot of money and give them an added incentive to buy your home.
So, before you hang more wallpaper or install more carpet, think about what potential buyers will be comparing your home to. Hopefully that will help you get more when you’re ready to sell.