Get Ready to Sell and Take Advantage of High Home Prices

rising home prices

Home prices are on the rise due to lack of inventory.

Median home prices are up nationally by $184,300 as of March, marking a 12% year-over-year increase, according to the National Association of Realtors. The rise in home prices is due to low inventory, yet buyer traffic has increased by 25% over the last year. This disparity in supply and demand means that now is a great time to list your home for sale in Woodstock.

If you’ve been vacillating over whether or not to sell your home, it’s time to take advantage of the current real estate market and make your move! Your first step should be finding a Woodstock Realtor to help you through the process from beginning to end. Take a look at some tips for getting your house ready to sell.

Don’t spend too much on home upgrades

Large upgrades like a new roof won’t earn you much more of an increase in sale price than will smaller changes, like upgrading door knobs ¬†and cabinet hardware, or interior painting in a neutral color.

Evaluate and improve your curb appeal

Take a look at your house from the street and try to imagine you are a potential buyer seeing it for the first time. What would make you want to look closer? What would turn you off from the home? Sometimes small tweaks like neatening up the yard, replacing the mailbox, or painting the front door can make all the difference.

Optimize your interior spaces

Use the same method (imagining you are a buyer) while walking through your home. Identify any problem areas and come up with inexpensive ways to fix them. For instance, removing clutter will help your closets seem larger, while you can easily update a bathroom with a new shower head, cabinet knobs, and towel rod. New towels and a new shower curtain can help cheer up the space without a costly remodel. Even rearranging your furniture can help your home look more spacious.

Your Realtor can help you identify what to change about your home, so give The Premier Group a call today. Our Woodstock real estate services can help you market and sell your home to take advantage of this seller’s market.

 

Image courtesy of ddpavumba via FreeDigitalPhotos.net