Myths Surrounding Real Estate Market – Busted!
Are you planning to list your home for sale in MD? Before taking any decision or further planning, you need to know some of the myths that surround the real estate market.
It is a truth that everyone will have some advice about the real estate market to provide you, but it is also true that all the information is true. Some when you are thinking of listing your homes for sale in Wheaton MD, you will need to realize the difference between facts and fiction.
Following are top five myths surrounding real estate along with the actual facts that clarify them!
Myth #1: Redoing kitchen and bathroom before selling home is beneficial.
Fact: It is true that kitchens and bathrooms add value to a home but major renovation just before selling home won’t get you a large return on investment. However, you can think of minor renovations as these will help you sell your home at a better price. For instance, you can add new countertops or install new appliances to attract potential buyers who can offer a better price for your beloved home!
Myth #2: Exterior of the home is not that important as that of the interior.
Fact: The exterior of your home is the primary parameter that every home buyer considers for judging the value of your home and hence curb appeal is significant. And the good news is that improving the exterior of your home won’t cost you a bundle. You can trim the hedges, cut the grass and clear away any clutter. Also, you can do some painting work outside and plant flowers!
Myth #3: No need to stage your home if it is clean.
Fact: It is true that cleanliness is the first step but staging the home by professionals will raise the bars. Staging can attract a wide range of potential buyers with different tastes. Identifying the best ways to highlight the best features of your home and compensating for its shortcomings is what professional stagers can do for you. For instance, they might suggest you to replace a double bed with a twin to make your bedroom look spacious. However, without hiring professional stagers also you can use some of their ideas and tactics to make your home sale ready. A staged home is a trend in the real estate market!
Myth #4: Granite and stainless steel appliances are old fashioned and not in demand.
Fact: Home buyers still look for granite counters and stainless steel appliances along with marble, quartz and concrete counters. These materials are always in demand and have mass appeal.
Myth #5: Paint colors do not matter and home buyers ignore the colors that do not appeal them.
Fact: While many home buyers understand that they need to take on the task of painting the walls, but they actually do not want to! That is why, one of the most essential things that you can do for upgrading your home’s appeal before selling is to apply a fresh coat of neutral paint. Neutral colored walls look great in online photographs and attract most of the potential buyers.
Conclusion:
Magnolia Realty is an experienced and trustworthy realtor in MD and DC areas. If you want to list your homes for sale in Wheaton MD and want to learn more about the current market’s status, then get in touch with them today.