Whether you’re using an agent, selling your home for sale by owner, or selling to a real estate investor for cash, you want to get the most possible money out of your home that you can. When you’re competing with many other houses on sale in your neighborhood, it pays to be able to differentiate your offering from everyone else’s. Some features make your home more attractive while others – even though pricey – won’t impress buyers very much.
Fundamentals – these home improvements include a newer roof, functional HVAC system, clean floors – things that all buyers expect to be in place and functioning when they view a home. These items are essential if you want to get top dollar, but are considered bare-minimum basics by most buyers.
Updated kitchen – this is one of the most desirable types of work you can do to compete with other houses on sale. A remodeled kitchen, along with new windows, each tend to return roughly 80% or more of your investment in them.
Niche features – these highly personalized projects, such as wine cellars and swimming pools seem like they would add value to your home but because they are preference features, they won’t appeal to all buyers and tend not to add to the price you can ask.
Think hard before investing too much into your home before selling. Study other sales in the area to get a good idea of what you're competing with and what buyers want. Anything above and beyond that could be a waste of time and money.
If you don't want to deal with remodeling your home, consider selling your home as-is to an investor, such as myself.