Does Your Home Really Have Selling Power?

A home is more than just the house we happen to live in. It’s more than a place for us and our family to feel warm, comfortable and safe. It’s more than the memories we build within its walls and faces. To take a cold, hard (and profitable) look at it, it’s an asset. It’s what we can use to build our own financial security and take a step up to the next level of comfort. But only if we work on it. We need to recognize what sells in a home and what we can do to improve it.

# Space

There’s no denying it. When it comes to selling a home, the absolute king in setting a price is the space you have in it. That’s one key to consider if you have a team of builders ready for your dream home. Economically, it could make more sense to keep more space than you immediately need. If you’re looking to add value through space, there are a few different methods, too. Conservatories and extensions can be a great addition, if you incorporate them well. Converting lofts and finishing basements both give extra square footage and let you list another room, which has value all its own.

# The exterior

A home needs to have more than just the attractive statistics to its name, of course. Providing that’s all well and good, you need to consider the wow factor. A home needs to impress its buyers, often it does that visually. Curb appeal is a huge part of making a home look more valuable and getting people to check it out in the first place. Don’t show off an overgrown garden, keep it unique and attractive. Similarly, put effort into having a warm, welcoming doorway. It can give that right cosy appeal that prospective buyers want to see.

# The interior

It’s not just the exterior that matters, however. There’s a bit of a rule that goes around with those in real estate. It goes like this: kitchens sell homes. Bathrooms are a close second. So how you decorate and present them can very much make an impact in how much selling power your home has. You want to emphasize light and space, making both look like they have as much as they can get of both. At the same time, avoid going too far into your own tastes. People can get put off by some silly things, even if it is changes they can easily make themselves.

# Pool or no pool?

It’s the big question in making a home more sell able. Does a pool in the garden add any value or not? In all honesty, it depends on where your home is. Pools are more than a luxury. They’re a significant cost when it comes to maintaining it. In some neighborhoods, that kind of expense isn’t all that considerable. In others, it may strike prospective buyers as too much of a bother. Do your research on your area to find out whether getting a pool is an investment or just a bit of fun for you.

The Three Steps to Stress-Free Home Buying

Buying a home can, famously, be quite a trying experience. With the huge amount of money which is often involved, this is no great surprise. Add to that the fact that moving house is in itself stressful at any time – and what do you have? One of the most stressful experiences of your life – potentially. But it doesn’t have to be like that. There are techniques and methods for making the entire process as easy as possible. Whether you have been through it many times before, or you are a property virgin, help is at hand. If you are wondering how to make the process as stress-free as possible, then this post will help you. Here are the three main steps to having a happy home buying experience.

#1. Preparation

There is, unfortunately, quite a lot that can go wrong when you are moving home. This is particularly so when you are purchasing the new house. However, this shouldn’t put you off the process altogether. It just means that you need to be as prepared as possible. Being prepared for such a drastic change in your life is a fine idea indeed. This is not the kind of thing you want to rush into without much thought. If you have decided that you want to buy a home at some point, then get your preparations started early. Contact your realtor, and your mortgage broker, as soon as possible. This way, you can start to think about the financial side of things as early as possible. This is sure to be a big help.

Also, try to have all your relevant documents to hand. This is the best time to get all that sorted – before you are rushing around trying to find things! Be prepared early on, and you will experience much less stress overall.

#2. Flexibility

The whole house-buying process is a long one, even when it goes as smooth as possible. Bear this in mind, and remember the importance of flexibility. This is a quality which any budding home owner would do well to harbour. It is important that you are flexible with your timescales, so that you reduce the amount of stress the process causes. It is a wise idea to become resigned to the fact that you will probably be waiting quite a long time before you are settling into that house. This is just a part of the process. Be flexible, and plan for the whole thing to take quite a long time.

#3. Budgeting

The financial side of things is, obviously, quite an important aspect to the process. Creating a fair budget not only makes it less stressful for you, it makes your realtors’ job easier too. Your mortgage broker is also likely to be grateful. Most of the time, they will demand to know what your budget is, anyway. But it is a good idea to have a range in mind, not a fixed figure. The real estate market can be unpredictable, so get a clear idea of both your lower and higher estimates. And remember that, at some point, you might have to throw it out the window altogether.