Today’s home sellers should focus on curb appeal and home staging above larger-scale home renovations, according to a new survey from Zillow Digs. Zillow asked real estate agents and interior designers nationwide to identify the most valuable home improvements for sellers, and the experts agree that minor improvements like landscaping and painting walls in neutral colors save money and attract buyers faster. Agents agree that sellers should avoid costly projects prior to listing their home, as the increased sale price may not outweigh the time and money spent on the remodel. Instead, agents and designers recommend spending money on minor renovations that will bring the home up to current market standards while also appealing to the broadest number of potential buyers. “Buyers have more homes to choose from this year, compared to last year,” said Amy Bohutinsky, Zillow chief marketing officer and guest judge on NBC’s new reality show American Dream Builders. “And in a crowded market, sellers should prioritize spending time and money on upgrades that have mass appeal. Home buyers don’t want to feel as if they are paying top-dollar for someone else’s decorating style. An inviting exterior and landscape, fresh paint in neutral colors, and clutter-free spaces will always appeal to a broad range of tastes.” Source: Zillow
Article provided by Franklin American Home Mortgage Real Estate Newsletter
