Raise Sale Value Through Property Presentation

For most people, the home is the single most valuable asset they own

. Therefore, when the time comes to sell their property, receiving maximum value is of supreme importance. Making the right choices when it comes to interior styling and property presentation can add tens of thousands of dollars to the final sales price of many properties. When you list your home for sale, look over it with a critical eye and identify those projects and renovations which will offer the best value for your investment dollars.

Consider implementing projects such as the following, to raise your homes value:

1. Update to Suit Current Trends Neighborhoods and their composition change over time. Taking advantage of this fact can help add tens of thousands of dollars to the sale price of your home. Is your neighborhood filled with empty-nesters? Focus on upgrading the appearance and style of the property, while reducing the amount of needed maintenance work. Are families more common? Then consider building a small addition to your home instead. Investing $10,000-$30,000 in property presentation can net you $50,000-$80,000 at closing.

2. Use Interior Styling Correctly Many homeowners miss out on a lot of money because they keep outdated or non-neutral interior styling elements in their homes during the listing, rather than removing or updating them. One client spent $18,000 in a complete change of their styling elements; they later set their initial asking price $50,000 higher than they had anticipated.

3. Pay Close Attention to ROI ROI is the single most important metric you should pay attention to when considering renovation projects prior to the sale of a property. Identifying which developments are going to raise the final sale price the most is key. Sometimes this involves updating aesthetics or interior styling; sometimes it can involve a small addition or change to the floor plan. You want to implement the projects that will cost you $20,000, and add $40,000 or more to the sales value.

4. Never Forget the Kitchen and Bathrooms In most situations, work done in the kitchen and bathrooms has the largest impact on the final sale value of your home. Crunch the numbers; you may be surprised at the possible return on a full renovation prior to sale. One client spent $26,500 to completely gut and refurbish their kitchen. When the house sold, they had nearly tripled their investment, receiving nearly $75,000 extra because of the improved property presentation.

So take a look at some of the different aspects of your property presentation and interior styling when the time comes to sell your home. A little research can help you identify the best projects, given the trends of your city and neighborhood. Properly renovating and styling your home will really impact the bottom line at sale time.

by: R Armstrong

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