Posted on : 18-05-2013 | By : Guest | In : Home Care
Certain aspects of a property make it worth more on the real estate market. There are the typical listing specifications such as acreage and square feet, but the margin money can be made on the actual features of the listing. If you are a current homeowner and have a desire to sell in the near or distant future, it’s best to take care of certain parts of a home. Below I list those specific parts, and why it matters.
A strikingly important and visible component of a property is the floor. Floor material can be tile, hardwood, carpet and marble among options. The point is that the floor of a home is both heavily used and very important when a potential sale is concerned.
The carpet in your house should be regularly cleaned to prevent wear. Similar to the roof principle, cleaning carpet on a regular basis will be much more of a financially sound plan than a complete replacement later on. If you have tile, marble or wood floor be careful to sweep before cleaning and use very pH neutral cleansers.
Priority: Keep your floors clean and both you and a potential home buyer will be more pleased with how they appear. Keeping a home buyer from thinking “Oh no, I will have to replace this whole floor area” can save you thousands and thousands during negotiations.
A high quality and well maintained roof is a great selling point in negotiations for a real estate sale. For one, it’s a piece of the house that keeps the entire structure together. Not only does it hold practical value, but it’s very visible and the appearance matters.
It is very, very important to maintain your roof. For one, it prevents a complete replacement that can cost well over $10,000 for a decently large house. Secondly, maintaining the layers of the roof can allow you to sell prospective buyers on the idea that they won’t be paying the hefty replacement price either!
Priority: Take care of your roof. You, as well as your future buyers, will both be rewarded. With many things in life maintenance is more cost effective than an entire replacement and when a roof is concerned, it’s no different.
An aspect that has a surprisingly large influence on home value is the yard, and it’s important that you maintain it when considering a future sale. Maintaining the yard means all grass, bark or gravel as well as landscape. The entire lot outside of your physical property can make a massive financial difference on the closing date.
When a potential home buyer pulls up to your property, the first thing they notice is the yard. A good first impression that enables an onlooker to breathe a sigh of relief could really help your bank account. Aside from the financial, it’s best to maintain a yard for fun if for no other reason. It can’t hurt, and you get outside while doing it!
Priority: Make your yard look nice and be even better. Whether this means installing a complex sprinkler system early on or simply fertilizing the lawn on a regular basis, it will be worth it down the road.
Property specifications like size, style and acreage are the foundation of a real estate transaction. However, certain features of the property can make or break a sale and it’s important to take care of your home. Some areas are more important than others, but the principle is the same. Take care of your home and it will reward you later on.Tim Richmond writes about the mortgage industry, real estate, green building, personal finance and home ownership. He currently writes for the Native American mortgage specialists 1st Tribal Lending.