Upgrading a Home to Get it Sold, Fast!

Are you looking to sell your home? Here are some tips on Upgrading a Home to Get it Sold, Fast!

 

Upgrading a Home to Get it Sold, Fast!

Upgrading a home before selling it can be an attractive way to possibly market the home better by making it stand out for buyers with the idea that the changes will be reflected in the home’s sale price. However, there is a fine balance between a simple upgrade that can trigger a purchase faster, versus an upgrade that ends up eating into the profit of the sale.

Smart Electrical Upgrades

Electrical upgrades before selling home property that make sense involve the following.

First off, change out all the bulbs with proper CFL energy-efficient bulbs. It’s low cost, it’s easy to do, and the bulbs will last for a long time, which is a selling pitch to buyers, even though the cost is minimal to the seller.

Second, add sconces or room mood lighting where there are ready sockets built into the home. This avoids having to pay for any new installation costs and takes advantage of power sources that exist. Sell the fixtures with the home; their cost is minimal, and they could boost the home’s sale by a couple of thousand dollars because of appearances.

Additionally, outside backyard lighting is always a good pick. Landscape lighting is fairly inexpensive to buy and install. Most parts and kits can be bought at local big-box hardware stores. These kits illuminate the backyard and give it a mood setting in the evening, which adds an enhancement and selling attractiveness to the home.

Adding an automatic garage opener is not a bad idea if it’s not installed already. An opener makes it convenient to open and close the garage door securely, and buyers will appreciate that aspect as opposed to buying a home where they have to manually operate the garage door.

Adding better garage lighting is also a nice, low-cost feature that one could add to a home. Most times garage lighting tends to be a singular bulb. Instead, one could add a ballast unit that uses fluorescent bulbs and provides far greater lighting with more illumination. Fluorescent lightbulb ballasts are very inexpensive and are also available in kits from big box stores. They’re easy to install, and they don’t need to be fancy in the garage.

Electrical Upgrades to Use to Sell a Home

The upgrades one should avoid using to sell are those that involve significant cost commitment to make the change happen. Installation of new major light fixtures is going to cost hundreds of dollars mainly because of the labor for the electrician’s work to add new lines and sockets as well as the finishing of the walls and painting after the openings have been cut and the line has been drawn.

Avoid adding new appliance sockets. These are the power circuits and blocks that allow bigger appliances to be added to a home versus the standard plug sockets. These aren’t going to sell a home better, but they are going to cost a lot with an electrician and eat into the home sale’s profit.

Maximize Results with Minimal Effort

Remember that, when selling a home, the goal is to maximize the profit margin and minimize the cost spent trying to market the home. You’re already going to be spending a commission charge on both the broker and the real estate agent, plus paying taxes on capital gains (if they aren’t reinvested in another home within the year). There’s no need to add more serious costs that eat into your profit margin as a seller!

Smart property selling focuses on doing the least necessary to bring in the biggest traffic for marketing. This same rule applies to electrical upgrades as well.