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5 Steps To Outshine Your Competition!

by Sherrie Toth
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Serious About Selling? 5 Steps to Make Your Home the Best on the Block

We all want to be good neighbors. But when it comes to selling your home, it’s not just about “keeping up with the Joneses.” It’s about outshining them at every opportunity!

If you’re looking to sell your home fast and for the most money possible, you’ll need a strategy to set it apart from all the other listings competing for buyers in Apple Valley. That’s why I’ve outlined our proven, five-step plan for serious sellers.

Use these five tactics to help your home get noticed, win over buyers in Apple Valley, and net a higher sales price than your neighbors!

 

1. Stage Your Home to Show Its Full Potential 

According to the Real Estate Staging Association, homes that are professionally staged sell 73% faster. When staging a home, you might rearrange the furniture to make a room feel larger or remove heavy curtains to make it brighter. The goal is to highlight a home’s strengths, minimize deficiencies, and help buyers envision themselves living in the space. 

Some sellers choose to hire a professional stager. Others opt to do it themselves, using guidance from their agent. We can help you determine the appropriate path to push your home ahead of the competition. The good news is, an investment in staging pays off. A 2018 survey found that 85% of staged homes sold for 6-25% more than their unstaged neighbor’s homes. 

2. Draw Buyers in with High-Quality Photos 

Many buyers use listing photos to determine whether or not to visit a property in person. Therefore, poor-quality or amateur-looking pictures could keep buyers from ever stepping through your door. That’s why we only work with the top local professionals to photograph our listings. 

Additionally, we’re always on site during the photo shoot to let the photographer know about unique or compelling selling features that they should capture. The extra effort pays off in the end. In fact, listings with high-quality photography sell 32% faster than the competition… and often for more money! 

3. Price It Properly From the Start 

Most buyers view homes within a set price range. If yours is overpriced, it can’t properly compete with other similarly priced listings. But if you price your home aggressively, it can be among the nicest homes that buyers have seen within their budget. This can lead to a fast sale with fewer seller concessions. And in some cases, it can create a bidding war. The result? More money in your pocket. 

4. Put on a Good Show(ing) 

Once buyers are interested enough to schedule a showing, it’s crucial that you make your home available—even on short notice. That means keeping it show-ready as long as it’s on the market. For most of us, our homes reflect the day-to-day reality of our busy (and sometimes messy) families. But keeping your home clean, fresh-smelling, and ready for buyers will help it sell faster … which means you can get back to your regular routine as quickly as possible! 

5. Use a Proven Promotion Plan 

We know that 93% of buyers search for homes online. That’s why we invest in the latest training and technology—to ensure our listings appear in the places where buyers are most likely to look. By utilizing online and social marketing platforms to connect with consumers and offline channels to connect with local real estate agents, your property gets maximum exposure to prospective buyers. 

 

Let's Get Moving

Are you thinking about listing your home? Get a jump start on your competition! Contact us to schedule a no-commitment consultation. If you do list with us, we will put together a custom plan to maximize the sales potential of your property! 

Joe and Sherrie Toth

RE/MAX Consultant Group | Apple Valley Lake 

330-388-6293 or email us HERE

 

Thinking Of Remodeling? Read This First!

by Sherrie Toth
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Will Your Remodel Pay Off? The Best (and Worst) Ways to Spend Your Budget

Whether you’re planning a minor update or a major remodel, it’s wise to consider how the money you invest will impact your home’s value.

We’ve taken a look at six popular home renovations and identified those that—on average—offer the best and worst returns on investment. So before you lift a hammer or hire a contractor, take a look at this list and see if your remodeling efforts will reward you when it comes time to sell.

 

 

RENOVATIONS THAT PAY OFF

These three common home improvement projects not only add function and style to your home, but they also offer a strong return on investment.

Minor Kitchen Remodel 

A minor kitchen remodel is one of the top investments you can make in your home. The key is to keep it modest in scale. Make an effort to keep your existing layout and paint or reface cabinets instead of replacing them. Update countertops with low-maintenance quartz and swap out old appliances for energy-efficient models. The average cost for a minor kitchen remodel is $22,500, and it’s likely to recoup more than 80% at resale. 

Wood Deck Addition 

A deck addition is a popular way to extend and enhance the use of your outdoor space. It’s the perfect spot for grilling, dining alfresco, and entertaining. In fact, 81% of surveyed homeowners said they have a greater desire to be home since completing a deck addition.For a 16 x 20-foot wood deck, you can expect to spend around $13,000. Fortunately, the money you invest offers an average return of 76%. 

Siding Replacement 

Everyone knows good curb appeal is important when selling your home. And while it may not be the most exciting way to spend your remodeling budget, new siding can make a big impression on buyers … and your selling price. Replacing 1,250 square feet of siding costs around $16,000 and will net you an average of 76% at resale. For an even greater impact, consider replacing a portion of your siding with manufactured stone veneer. A 300 square foot area will run you around $8,900, but you can expect to see a nearly 95% return when it comes time to sell. 

RENOVATIONS WITH WEAK RETURNS

These three popular remodeling projects are homeowner favorites. But don’t expect to see a high rate of return when it comes time to sell. Instead, consider them an investment in your current quality of life.

Major Kitchen Remodel 

For a major kitchen remodel, expect to spend between $66,000 (mid-range) and $130,000 (upscale). Unfortunately, you’ll only get back around 60% at resale. Of course, an outdated or non-functional kitchen could turn buyers off from your home completely … and keep you from enjoying it yourself! So if your kitchen needs a major remodel, choose carefully where to splurge and where to save.

In-ground Pool 

The average expense to install a standard 18 x 36-foot in-ground pool is $57,500, but the estimated return is only 43%. In addition to the installation cost, plan to spend money each year on maintenance, repairs, and insurance. However, 92% of surveyed homeowners said they “have a greater desire to be home” since installing a pool, and 83% have “an increased sense of enjoyment when they are at home.” For you and your family, the perks of a pool may be worth the price.

Master Suite Addition 

Master suite additions have become increasingly popular—both in homes that lack one as well as those with aging owners who can no longer accommodate stairs to an upper-level bedroom. But what’s the typical return at resale? With a median cost of $125,000, most sellers will only recoup around 52% of their investment. Nevertheless, in a survey of homeowners, the majority were satisfied with their decision to add a master suite, giving it a “Joy Score” of 10 out of 10.4

 

Analysis of Your Project

We’ve been talking averages. But the truth is, the actual return you can expect will vary depending on your particular home. If you have plans to remodel, call us or send us the details. We’d be happy to conduct a free analysis to determine how the renovations will impact the value of your home!

Joe & Sherrie Toth

740-390-0735

Email us: [email protected]

Looking for a home at the lake? Click HERE


 

 

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Photo of Toth & Team Real Estate
Toth & Team
RE/MAX Consultant Group - at the lake
22021 Coshocton Road Suite A
Howard OH 43028
Sherrie’s Mobile: 740-390-0735
Joe’s Mobile: 330-388-6293
Fax: 800-707-3176

RE/MAX Consultant Group | Apple Valley Lake | Toth and Team | 740-390-0735