The peak spring season is nigh in real estate, and as sellers prepare to list their homes, they would do well to keep the following best practices in mind to maximize profits.
According to Zillow's research, home sellers can rake in the biggest profits by keeping up with current design trends, installing new windows, doing a mid-range bathroom upgrade, and improving the home's curb appeal. "Smart" curb appeal projects like updating paint inside and outside the home and basic landscaping cost about $3,000, but the right new door color can add $6,000 to the seller's profit.
The typical seller has 13 years’ worth of wear and tear on their home, and that can make it tough to know where to start. But we know they do: Sellers average 2.2 renovations or improvements to prepare to sell their home, with 79 percent making at least one. And for good reason: Nearly a quarter of sellers who make improvements sell above list price, compared with 16 percent of sellers who don’t.