8 TIPS FOR MONTECITO HOMEOWNERS FROM HGTV
Whether you’re selling a Montecito Luxury Estate, Hope Ranch ocean view estate or a Santa Barbara home there are things you, as a seller, can do to increase home value. We’ve all heard the phrase a thousand times, “location, location, location,” but what else can you do to improve the chances of selling your home in today’s competitive marketplace?
Here are 8 tips from HGTV that can reap big rewards when it comes time to list your home.
1. Plan a remodel
Believe it or not, the fastest way to increase home value is by making a plan. Homeowners will fare better when it comes time to sell if upgrades are made intentionally. That means never start a major remodel on impulse. Consider these numbers: home improvement projects cost about 20 to 25 cents on the dollar. The other 75 to 80 cents spent go directly back into the home through increased value.
2. Take your time
Increasing your home value is not a marathon. Start by making a list of the things you would like to update. Take the list and categorize it by how much a particular renovation may cost, including your time and money. You can easily find this info by doing your due diligence and checking prices on the internet.
Once you have a categorized list, take a look and prioritize what is a real “must-have” and what is more of a dream. Talk to a Realtor, like me, to find out what sort of return those improvements may bring.
3. Tackle one room at a time
It can feel pretty overwhelming to do all the upgrades you want at the same time. Instead, harness the energy that comes from new ideas by making the commitment to tackle one room at a time. Whether it’s a simple coat of paint or knocking down a wall, by tackling one room at a time you keep projects achievable. By strategizing your timing, you will see your dreams take shape as you transform each room before moving on to the next.
4. Create curb appeal
You’ve heard about the importance of curb appeal when it comes time to sell your home. Buyers should be so impressed with the front of your home that they can’t wait to get inside.
When you consider curb appeal, make sure to pay attention to detail. Start by taking a digital photo and look at your home in black and white. The truth comes out when the color is removed. You’ll actually be able to see the cracks in the walls and any other glaring flaws.
Your home must be prettier, cleaner and in better condition than your neighbors. It’s easy. Just start with sweeping your driveway, walkway, and porch or entry of dirt and debris. Get rid of leggy bushes, wilted flowers, and broken tree limbs. Plant fresh flowers in your front garden or in containers at your entry. Power-wash the exterior and hand-wash your windows. Touch up paint around the windows, if needed. Paint the front door a fresh, modern color. Replace the door hardware and porch sconces.
Check this list of the top landscaping contractors in Santa Barbara. Your real estate agent can also share their preferred providers in the area.
5. Concentrate on small improvements proven to pay off
For those Montecito homeowners torn between improving your home’s decor versus making upgrades to increase home value, I have good news. Doing a little bit of both will actually pay off.
Separate your list into upgrades for your home value and upgrades just for you. The list of upgrades for your home should include things like replacing old faucets, permanent lighting and doors. Upgrades for you should include furniture, artwork and window treatments.
6. Upgrade the kitchen
It is not surprising that the No. 1 upgrade with the greatest return is the kitchen. Believe it or not, having a quality kitchen hosting state-of-the-art appliances and other high-end accouterments can attract potential home buyers and clinch a sale.
- Mini remodel
Change the paint. It sounds simple, but it works.
- Splash of color
Add a splash of color with a new backsplash. New tile is attractive.
- Smart Appliances
Smart kitchen appliances are a hot ticket item for buyers.
- Add green
Fresh plants and herbs can be the missing link in an already-beautiful kitchen. Aesthetically, their vibrant colors are a welcomed accent, and having fresh ingredients handy makes any meal better.
- Mini remodel
7. Beautify your bathrooms
Bathrooms have an 85% return when it comes time to sell. There are a few things to keep in mind when tackling those important rooms in your house.
Today’s bathrooms are not considered utilitarian space anymore. Homeowners like to feel relaxed, like they are in a spa. Forget the drop-sink. Home buyers want the under-mount sinks. Go granite or marble with your countertops. Add warmth by nixing overhead lighting and installing wall mounts instead.
Heated floors, a shower with body sprays and stone surround, and a freestanding soaking tub will attract buyers like honey to bees. Besides, if you are not selling right away, you can enjoy your upgraded bathroom until the time comes to list.
8. Keep your house clean and tidy
Home buyers love touring a bright and sparkly home. Keeping your home de-cluttered and clean can attract buyers like a magnet.
Making a clean house a priority and staying on top of maintenance issues can really pay off. By not allowing dirt and junk to build up over time, you can prevent things like mold that can spread unchecked. Besides, a clean house is healthier for you and your family.
If you’ve read this post about how to increase home value and are thinking about selling your home, you’re probably also contemplating purchasing a new one. If so, consider that all the images in this blog are from my new listing, Iconic Modernism by Barton Myers, just featured in this article on Realtor.com.
Appreciate the indoor-outdoor lifestyle? Then, this exceptional steel and glass home is for you. Designed by world-renowned architect Barton Myers, it has been described as “One of the six most beautiful houses in the world!” by Architectural Record.
So if you’re a qualified buyer, I’d be happy to arrange a tour of this property for you; or of any that may be of interest from my portfolio of fine homes in Montecito, Santa Barbara, Hope Ranch, Summerland or Carpinteria. Just give me a call at 805.886.9378 or email me at Cristal@montecito-estate.com and we can discuss all the ways to increase the value of your Montecito home.