For investors, trying to figure out how to sell a house can be challenging. If you are a “rehabber” trying to fix and flip a property, picking the right repairs and upgrades that will give you the most bang for your buck can be daunting…
By looking at the final picture of House #7 I will share with you what work we did and why. If you are trying to figure out how to sell a house fast, in this market, whether you are an investor or a home owner trying to sell their home, these tips apply just the same.
The very first tip on how to sell a house is to take excellent pictures of the house. We hire professional photographer. As you will see below the final pictures are bright, clear and wide. Take a look at the “before” pictures so you can compare the difference.
The one major change on the outside was a new roof. Other than that the $200 pressure washing job made a big difference of brightening the siding without having to repaint the whole exterior. We just repainted the shutters, trim garage and front door.
The major item here was going back with hardwood floors instead of carpet. If you look back at the budget we put together for the repairs, this was an optional item. Since we managed to save some money somewhere else we were able to afford the hardwood floors, and what a difference they made.
Staging furniture in the key areas of the house are another tip on how to sell a house. Staging helps a lot. It fills up the rooms and allows a potential buyer to visualize how nice the house can be for them.
We changed the layout of the kitchen by swapping the position of the stove and refrigerator and then adding an island. We also found a new cabinet supplier that for a bit more than what we have paid before can give us some very modern and nice looking cabinets.
As you can see we added some wording to some pictures to highlight key aspects of the house. I insist that pictures are one of the most important parts of the listing, since pictures are what brings a buyer to visit the house.
We covered up the 1980’s fireplace with drywall, added a piece of granite at the base and then some crown moulding and wood trim. It made a HUGE difference.
New tile in the showers and new cabinetry. Framed mirrors and staging touches.
I am a fan of painting weathered decks. Makes a big difference for a small price. However, sometimes just spraying with bleach and then pressure washing can be enough.
Can this picture be any more perfect!!! The sunlight, blue skies in the background, the glare...see what I am telling you about good pictures!
The back porch had a lot of rotted wood because of a bad drainage issue so we basically had to rebuild half of it including the roof and new screening.
If you are trying to figure out how to sell a house that you are rehabbing and flipping, by looking at these pictures and those of other properties you can better understand what changes and improvements you can make that will allow you to sell it quickly and make a profit.
When you are evaluating a potential investment you need to look for the improvements you can make to it that will increase it’s market value. That is one of the reasons I like real estate so much…unlike investing in the stock of some company, in real estate YOU have control over it…YOU can make it more valuable.