Inexpensive Renovations Will Make Your Dallas Home Sellable

While recession time everywhere, its important for sellers to come with unique and novel ways to sell their property

. Im sure real estate advisors would agree that while the market is indeed fragile with a number of Dallas bank owned homes and Dallas foreclosures up in line for sale, home owners arent contributing to add to the sale-ability of their house. Inexpensive repairs like new carpets, deep cleaning and decluttering, inexpensive yet cosmetic renovations, cleaning the yard, trimming the lawn, getting it rid of debris, helps in increasing the overall appeal of your house. The prospective buyer has to be assured that theres minimum stress involved when he comes to settle.

While cosmetic renovation helps in getting your house up to date, remember to avoid going overboard with the renovations. A general rule to be followed is to locate the most expensive home in your area and renovate it accordingly so as to not increase its value by more than 20% of the costliest home in the area.

Generally when real estate advisors estimate a property, they base their decision on two factors; the features and the condition of the property. While features includes the number of bathrooms, number of bedrooms etc, condition of the property includes the extent of repair work that a prospective buyer would have to undergo in order to make the house livable. To ensure that sellers and real estate agents lap up your home easily make sure that the condition of the home is great and requires minimum repair work.

Installing energy efficient devices like solar panels, low flow toilets, are sure to attract potential buyers. Also minor repairs like removing and replacing broken and old sinks, taps and worn out plastering helps to sell your property.

While most of us think that the money spent on renovation is directly proportional to the increase in the value of the property this couldnt be farther from the truth. A person looking for a home in your area has a specific budget in mind and a value thats beyond the estimation of the buyer looking for property in your area, wouldnt make sense. The value of your house is determined by the neighborhood that the house is located. As earlier said, the renovation shouldnt be drastic (unless required).

So the next time you put up your Plano real estate or your Richardson real estate up for sale, remember to pay attention to the condition of the property and not just features, as the houses do not sell on features alone.

by: Mark Herrera

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