Easy Updates with Positive Returns for Denver Sellers

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When it comes to return on investment, there are some upgrades that’ll bring a highly positive return. They break down into two major categories: inside the home and outside the home (curb appeal).

One of the most common things we find to get a positive return on investment is repainting the garage. If your garage door is a little bit banged up, it doesn’t cost a lot of money to repaint, and it sure makes a good impression on curb appeal. If you have chipped or cracked concrete, have it poured or mud-jacked.

Then look into some typical landscaping. You don’t need to go crazy or plant expensive bushes; even just a little extra water and fertilizer can perk up your lawn and curb appeal.

When it comes to the interior, remember this: Kitchens and bathrooms sell homes! These are some of the most profitable upgrades you can make because this is where people spend the most amount of time and the rooms that buyers are most interested in when looking at a property.

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Get positive returns on these home investments.

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If you’re selling a home vacant and you really don’t want to go through the upgrades and invest the money back into the home, staging can be a really good alternative.

The reason why staging works so well is because the human eye has been programmed over thousands of years to find anomalies and discrepancies and anything wrong with a home. Imagine yourself walking through a vacant home with scratches and dings in the walls and spots in the corner of the carpet. It’s because your eye is looking for imperfections and anomalies.

Even just some furniture or pictures on the wall, staging your home draws the eye away from the discrepancies and help your home show much better, and garner you a better price.
Check out the link I’ve provided below for some interesting stats and figures. As always, it would be my pleasure to be a resource for you regarding anything real estate-related, so give me a call or send me an email and let’s talk about it.

What Denver Buyers Need to Consider for Future Resale

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Are you considering resale down the road when purchasing a home in Denver? There are some key things to focus on with the intent of resale down the road.

There are hundreds of things to do (or not do) when considering a home for resale. Three stand out to me as the most important though.

1. Never buy a home that backs to a busy road. The same goes for homes that back to a commercial property. You’ll eliminate any future buyers who are worried about road noise.
2. Desirability of style. In my experience working with buyers in the Denver metro area, the least desirable styles are bi-level, then tri-level. Ranch and two-story are going to be very similar, but a ranch will always price out higher per square foot than a two-story will.
3. Location. I’ve attached some cool links that show the 20-year appreciation throughout the Denver metro area. You might be surprised to see which parts of the city appreciated better than others.

In this link I’ve included the amount of fix and flips that are taking place here in the Denver area and what those areas are getting for a return on investment.

If you’re curious about any of those hundreds of other do’s and don’ts of to consider for resale or you have any questions for me, feel free to reach out. I’d love to work with you!