Be it any big or small step you are planning to take in your life, people will offer you lots of advice and suggestions that will put you into nothing but confusion. Likewise, if you think of selling a home, chances are you will be offered with so many home selling myths that home sellers look on as hardcore truth. Let’s learn about those myths and facts you should avoid falling for. Have a look.
While making one of the biggest decisions of your life which is selling your home, chances are you will get a wealth of information from people or online which is not accurate and up to the mark. Everyone has their own opinion about selling a home that might baffle you and make it cumbersome for you to understand what could be right for you. And sorry to say, you might end up taking a wrong decision or step in your home selling process.
Thus, we have identified below the top home selling myths and facts you need to clear up and move forward in the right direction while selling a home in Canada.
Myth 1: The Kitchen and Bathroom Needs Renovation Before Selling
Reality: There is no denying that kitchens and bathrooms add to the value of a home, however, even if you make renovations in these spaces before selling your property, you will not get an exorbitant return on the investment.
On the other hand, if you make minor renovations within your home, you might get a higher price for the property when you sell. Think of new appliances as well as trending countertops to incorporate to draw the attention of buyers. Also, compare the listings in your neighbourhood and analyse what else you need to work upon to be tough competition in the market.
Myth 2: The Exterior of Your Home is Not as Important as the Interior
Reality: Needless to say, the exterior gives a representation of the interior. Similarly, homebuyers make a snap judgment about the house based on its exterior, so it is important to make it appear inviting.
Most buyers go through the property online at least once to check how it looks. In case they find the yard or patio cluttered and see the driveway is all broken, they do not even bother to visit the property and check it out from the inside.
The good thing is you do not need to spend much to improve the exterior of your house. A few changes here and there and you are done! Cut the grass, trim the hedges and clear away the clutter in your front yard to give a new, fresh look. Also, you can invest a little in painting the front door, installing a stylish porch light and planting some flowers to put up new house numbers – it will cost you less than $50.
Myth 3: If the House is Clean and Clutter-free, There is No Need of Staging It
Reality: Keeping the home clean and tidy before selling it is a good thing, however, it is not enough as per professional home stagers. Just removing the dirty laundry and sweeping the front steps won’t work anymore.
It is important to make your home appeal to a wide range of tastes. Thus, home stagers identify skillful ways to give a perfect highlight to the best features of your home and make up for its faults. For instance, they may ask you to replace your double bed with a twin bed so that it appears spacious and bigger and to remove the blinds from a window to enjoy the breath-taking view.
For this, there is no need of hiring a professional stager. You can search some of the tactics of home stagers and use them to get your home ready for resale. Do not miss out on staging especially when you live in a locality where staging is a trend. Remember, an upstaged house doesn’t get the attention of the buyers and seems inferior when compared to staged houses on the market.
Myth 4: Stainless Steel Appliances and Granite Counters Do Not Draw the Attention of the Buyers
Reality: A large number of buyers do look for stainless steel appliances and granite counters. Other than these, concrete, quartz and marble counters too catch the attention of homebuyers.
According to a real estate agent, a lot of shoppers prefer to shun away from anything old-fashioned. However, stainless steel and granite are not outdated as yet and do appeal to many. You will get to see them in various newly designed homes and also in interior design magazines.
The agent also suggests that you need to be particular about whether you are designing your home for yourself or to sell it in the future. You can decorate your home how you would like to if moving to a new home is not in your mind for a long time. However, if you plan to put your home on the market anytime soon, make sure to stick to the elements that appeal to the majority.
Myth 5: Home Shoppers Will Not Go for the Colour They Don’t Like
Reality: Moving requires a lot of work and repainting the walls could be a pain for most home buyers.
This is the reason it is suggested to repaint the walls before putting your home on sale. It is one important task you need to work upon. Modify the decor of your abode by applying a fresh coat of neutral paint on the walls. Neutral colours are liked by one and all, and they do make a property look attractive and stand out in online pictures where potential buyers will get an eye-grabbing impression about the property. After all, a fresh coat of paint does make a difference in redesigning homes. Not just that, it will also make your home stand out among others in the market which will ultimately make a worthwhile investment.
Summing it Up
Whether you are planning to buy or sell a house, it is advised to be wise and do some thorough research on current housing information and trends. Further, educate yourself and make sure the information is accurate and doesn’t involve any sort of myth or fact that is not realistic. The real estate world is continually evolving, thus, you must have a clear understanding of what could be the best possible decision for yourself while making a move, be it buying or selling a property.