decided to add a backsplash, updated the appliances and refinished the oak flooring. Total cost was $15,000. The seller kept the price comparable to sales in the area and ended up selling for $50,000 more than the asking price because interested buyers started a bidding war! The Lesson here? You do not need to bust your budget to sell your home, but you do want to have mass appeal. Kitchens are pivotal in home appeal.
MAKING A CASE FOR SPACE
We humans tend to accumulate an abundance of possessions and need space to store it. According to the National Association of Realtors®, most homebuyers would have preferred improved and greater closet space, as well as other storage options. Consider these statistics showing what buyers are looking for in a home:
• 93% wanted a laundry room • 90% wanted a bathroom linen closet • 86% wanted garage storage • 85% wanted a walk-in kitchen pantry
The fact is that storage is a plus, even if you do not have those features. Give buyers great storage, and you’ve won their hearts. If you can add new closets to your home easily, do so. Building a simple closet isn’t difficult if you are moderately handy. If you’re selling an older home, where closet space is typically minimal, this will help! If your rooms are already small, you might not want to take any square footage away from them. Existing closets can be updated to maximize the space at hand. If you don’t have the skills, or the funds to hire someone to build new space, consider investing in closet organizers to make the 33
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