Preparing Your Home for Sale
(The following is taken from the Victoria Real Estate Board website.)
When your home is for sale, it’s often more than just the purchase price and location that will make or break a deal. Making your home look its very best and presenting it as a desirable place to live is also very important.
Work with your REALTOR®
Your REALTOR® can give you an objective opinion of what you need to do. REALTORS® have the experience and knowledge needed to identify problems and suggest improvements. In most cases, REALTORS® will not suggest major renovations; a few minor repairs here and there and a thorough cleaning are usually all that are required.
Cleaning up the homestead
Virtually all buyers are on the lookout for one thing — a clean home. Many will simply walk away if a home looks uncared for and, at the very least, an untidy home will fetch a lower selling price. Ensure your home is spotless and free of clutter. The two most important rooms in a buyer’s mind are the kitchen and the bathroom. Pay particular attention to these areas — they should sparkle and shine.
There are certain items that must be repaired if there are problems. A leaky roof, for example, must be fixed. Any electrical problems will have to be addressed. Furnaces, water heaters and plumbing also fall into this category.
Other areas may not need major repairs but will need attention. These can include leaky faucets, holes in window screens and any broken glass, etc. If some of your walls are too dirty to come clean, you may wish to consider a paint job. Carpets and rugs should also be clean and in good condition.
Outside and in
Take a close look at the state of your yard. If you are showing your home in the summer, trees and shrubs should be pruned and your lawn kept neat. Rake leaves regularly in the fall, and in the winter, ensure the walks and driveway are kept clear of any snow or ice.
To renovate or not to renovate
Usually, most renovations do not translate into an increase in selling price of more than the cost of the renovations themselves. Painting, wallpapering and modest landscape improvements usually recover their costs, but major projects such as new patios or add-ons rarely do.
Moving up or down
If you are selling your home because you need more space with a growing family, or if you plan on downsizing now that the kids have left home or you want less work, your REALTOR® can help. With access to the Multiple Listing Service® (MLS®) your REALTOR® can provide you with list of homes for sale that meet your needs and your budget. You can view all of the properties listed for sale on the Board’s MLS® system by visiting REALTOR.ca.