In fact, it can create a bigger pool of interested buyers who will then compete to purchase your home. A reasonable-or lower-price does not mean you won’t get the best return on your home investment. The reality is that setting a sales price too high does not attract only people looking for high-end homes, but drives all sorts of buyers away. or to create the highest commission for the broker? That last scenario can happen when homeowners choose agents who inflate the value of a home, thinking that it automatically means more money for them. But would that price be set to attract the ideal buyer. If you used a traditional real estate agent, however, that fee would be based on your property’s final sale price. If your property is in a higher appraisal bracket, the money you give up in agent commissions could be significant enough to pay off credit card debts, fund higher education, or repay a large chunk of your new mortgage. What could you do with an extra $15,000? 20,000? 40,000? If yours is a modest house, you’ll want every penny coming to you from a sale. How to Keep More of What Your Home Sells For And unique features and creature comforts are something that will always set one home apart from the crowd. An eye-catching front entrance and landscaping will always make a terrific first impression. Choosing remodeling projects based on these criteria will serve sellers well for a long time.Ĭonsider this: energy costs will only continue to climb. What are buyers looking for now? Anything that increases energy conservation, curb appeal (or how your home looks to viewers from the street), and comfortable living spaces indoors and outdoors gets a second look from buyers. Although inflation will determine the actual dollar amounts involved in the years to come, those that recover the most from their investments now will probably do so until the whims of buyers change for good. Each year, they publish a list that has the greatest effect on the price of homes for sale. Remodeling magazine keeps track of popular trends across the country. While home remodeling preferences come and go, some long-term trends have remained strong and should continue to do so into the future. If yours doesn’t stand out, invest where your money will make the biggest splash. Remember that today’s buyers will compare your home’s entryway, kitchen, and energy efficiency with other properties on the market. If your architecture or interior design is dated or just plain ordinary, however, you might want to upgrade. General repairs to worn, weathered, or broken features are a must, so take inventory of your property to determine your fix-it priorities. Many buyers look to boost the price they can ask for their homes by making improvements before staging time.

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