Tips to Boost Your Curb Appeal and Sell Your Home
There is no second chance at a first impression, particularly when it comes to the real estate industry. No matter the state of the market, experts agree that a house that has curb appeal is more likely to sell than one that lacks it. Yet pouring too much time and money into the exterior can be overkill, which is why homeowners should find a good balance to move their real estate in Breckenridge.
A Return on Your Investment
The National Association of Realtors conducted a survey in 2013 that revealed 71 percent of potential homebuyers value curb appeal. What’s more, investing in the home’s exterior could potentially generate a 215 percent return on investment. Many of the tasks come with low price tags, though they may be labor-intensive.
In general, the experts suggest spending between 1 and 2 percent of the home’s value on performing items such as landscaping, power washing or painting. Homeowners can keep costs low by doing the labor themselves instead of hiring a contractor.
The Basics of Curb Appeal
Anyone who works in Breckenridge real estate will recommend assessing curb appeal, which is essentially how the house looks from the street. At the very least, experts suggest ensuring that everything appears well-maintained. Therefore, pulling weeds, fixing burned out light bulbs and polishing mailboxes should be on a to-do list.
Sidewalks, driveways and any other paths should be clear of debris. Keeping a kempt lawn and clean windows can also go a long way toward attracting potential buyers.
Homeowners who have money to invest in curb appeal should consider making a list of projects that are necessary and those that are desired. For example, realtors suggest making repairs to the roof, such as fixing loose shingles, over optional tasks. Additional musts might include:
- Painting the exterior: When a power wash will not take care of set-in stains, homeowners may want to consider hiring an exterior painting company to get the job done.
- Tending to broken items: Windows, gutters and siding should be repaired or replaced when they are damaged.
- Concrete restoration: Large cracks in sidewalks and driveways may be a turnoff to buyers, according to the National Association of Realtors.
Though these may carry large price tags and require help from contractors, most experts agree that the return on investment will make substantiate the cost.
The Facts About Landscaping
For those who have the time and money, landscaping is an excellent way to boost curb appeal. A Clemson University study estimates that the right design can increase a home’s value by as much as 7 percent. Further, it could decrease the time a home sits on the market by up to 15 percent.
While unique statues and foliage may please one person, it could turn off another. That is why the National Association of Home Builders advises homeowners to invest in improvements that add functionality instead of personal style.
A professional landscaping company can create custom designs that suit the home and boost curb appeal. Instead of focusing on hardscape items – such as brick pathways – a better investment may be to focus on plants. Exterior experts suggest using large, mature plants to create interest and variety in a space. Further, homeowners can add color to their yards by simply filling flowerpots or planting flower beds.
Work With Experts
The level of change required to boost curb appeal will vary from home to home. When trying to sell, updating the exterior may be just one of the many factors homeowners should consider, but it is often the most important part of enticing potential buyers into a home. Creating a welcoming environment is the first step toward generating offers. As leaders in real estate in Breckenridge, our team at Slifer Smith and Frampton Real Estate knows what it takes to make a home show-ready. Call us today at (970) 389-3714.