Listing Courtesy of RE/MAX REALTY GROUP REHOBOTH
When it comes to boosting your Rehoboth Beach home’s value, the question arises about which of the possible improvements that you might undertake would wind up paying for themselves. At first blush, you might think this should be a cut-and-dried analysis—that is, any improvements that don’t at least add their own cost to the asking price should be disqualified.
But that would be to discount the fact that a property’s improved condition can speed its sale. When a few improvements might change the overall impression from ‘fixer-upper’ to ‘move-in-ready,’ true value is added. Too many days on market can wind up being costly to the seller, not only because of the inconvenience factor, but because interested buyers may assume a deeply discounted offer will have a better chance of being accepted.
In any case, especially when the budget for improvements is especially tight, there are some cheap fixes that can be counted as especially likely to recoup their cost. Here are three that Rehoboth Beach sellers can consider:
Let There Be Light
Nothing torpedoes a Rehoboth Beach home’s marketability like the impression that it’s a creaky old relic. We’re not talking about homes that merit ‘antique’ status, which is a plus, but those with rooms that seem gloomy: the opposite of those with bright, airy spaces that convey a cheerful feeling. Because rebuilding a room to actually expand its physical dimensions is expensive, one solution is to create an improved atmosphere with light: adding or replacing light fixtures.
To maximize your bang for the buck, consider adding a showpiece fixture or two—perhaps a chandelier or pair of wall sconces—in key locations. The kitchen, dining room, and entryway/foyer are all great choices for a hanging light fixtures. Buyers often tend to focus on those areas, and respond well when they are transformed into warm and inviting spaces.
Seed Your Way to Curb Appeal
It’s a truism that curb appeal is vital, but when time and budget make it impractical to deal with a full front yard do-over, one of the least costly improvements that immediately boosts eye-appeal is to put the lawn in top condition with a quick reseed. Brown patches and bare spots are a sure way to kill a lawn’s visual appeal, and even otherwise-healthy areas can get a boost from thicker growth. A variety of easy-to-use products are available that allow you to simply sprinkle an all-in-one mixture of fertilizer and seeds that will take root and grow quickly. Take a pass over the lawn now, and with consistent watering, by summer the entire yard can look terrific!
Update Vintage Plumbing
While appearance matters, buyers are still going to be very interested in the “guts” of the home. If you’re dealing with an older Rehoboth Beach house, it’s likely that the plumbing has seen better days. Fortunately, replacing or upgrading pipes doesn’t have to be as expensive and disruptive a project as used to be the case. Modern technology allows new plastic piping to be snaked between the walls through a few small holes. Amazingly, today’s plumbers can sometimes even avoid installing new pipes by lining existing pipes with self-expanding vinyl bladders that seal leaks and protect water quality.
I’m always happy to provide a no-obligation consultation to discuss which budget-wise improvements have a track record of adding appeal to Rehoboth Beach home buyers. Why not give me a Call/Text me Russell Stucki at (302) 228-7871, email me at firstname.lastname@example.org, visit more listings at www.beachrealestate.com.
There are many generalizations that can be truly instructive for homeowners with Rehoboth Beach homes for sale. The undeniable importance of “location, location, location!” is a good one; de-clutter! as a main order of business is another…as is the wisdom of researching neighborhood comparables.
Anybody with homes for sale in Rehoboth Beach can usually visit the National Association of Realtors® website for useful nuggets of that kind of information. However, one article that appeared there last week seemed to me to be less than real estate gospel—although it was thought-provoking. It dealt with features that might make some homes for sale harder to sell; features that most people might assume would improve rather than curtail a home’s appeal.
The article named seven otherwise “awesome” features that the author, Jamie Wiebe, thought belonged in that category.
First was a school next door, for the main reason that traffic tie-ups deter many buyers. That’s a pretty common complaint, yet even the author had to admit that younger buyers might see the advantage of having school within walking distance. This one is a tossup—but having school a block or two away would have to be a plus!
Next came middle-of-the-action location, meaning homes for sale on busy streets, because while “you might be intrigued by the activity,” future buyers might not. That’s true of any home for sale and any feature, of course; but it’s probably true that there is some degree of risk that the current popularity of being able to walk to frequent destinations (rather than drive or use public transportation) might fade over time.
More possible minuses were assigned to multistory homes for sale (which might be avoided by older prospects shunning stairs); big backyards and small backyards (fear of yardwork for the former, lack of privacy for the latter); a swimming pool (admittedly, a must in warm climates); and tile flooring (difficult to remove). That last one is where local readers with Rehoboth Beach homes for sale might realize that citing these ‘drawbacks’ is not a uniformly useful exercise, since potential buyers who appreciate the beauty and easy maintenance of tile flooring might not be giving much weight to how difficult it is to remove. And come to think of it, people who garden might actually be willing to pay more for homes with big backyards! Just as people who hate mowing might…etc.
But we shouldn’t be too critical of the author’s approach. It’s always a good idea to consider the pros and cons of how a property will be greeted by the public. And the seventh feature is one I think every Rehoboth Beach real estate professional will agree is questionable: over-the-top renovations. The risk of striking some prospective buyers as ostentatious is possible, but the higher probability is of pricing yourself out of the market.
Part of what I offer is marketing that emphasizes a property’s most marketable features in an unarguably positive light. Give me a call if you are interested in going over how your own home is likely to fare in today’s fall market! Call/Text me Russell Stucki at (302) 228-7871, email me at email@example.com, visit more listings at www.beachrealestatemarket.com.