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The Costs of Transforming Your Home into a Buyers Dream House
Turning your house into the home of a buyer's dreams doesn't have to cost a great deal of money. In fact, armed with some paint and the determination to work hard, most home sellers usually need to invest only about $500 to spruce up their homes for a quick sale. A little paint, inside and out, and some good, old-fashioned "sweat equity" will go a long way toward transforming the look and feel of your home. If you have a Restore outlet (the thrift store for Habitat for Humanity) near you, you'll also be able to save considerably on lighting fixtures, "oops" paint, and other building materials. If you shop carefully, you can also find great sales at the various home building supply stores that are springing up around the country. They carry just about anything you'll need, and their prices are generally quite good, compared to department and retails stores. So how much should you spend on transforming your house? As I mentioned earlier, if your home needs only paint, you can spend $500 or less to get it looking great. But if you have to upgrade fixtures or carpeting, the cost of completely going through your home may run up to $8,000. When you begin to approach that upper figure, it's worthwhile to do a cost vs. benefit analysis to see how much added value your home will gain, and how much quicker it will sell once the work is done and the fixtures upgraded. If your home sits on the market for several months, those added mortgage payments may end up costing you more than a new built-in range or new carpet. So weigh each upgrade to see if it will help sell your home quicker, and for more money. Most of the time, it's not necessary to replace every appliance and carpet in your home to get a quick sale. Elbow grease can replace cash outlay in most cases, and will help transform your house into a home that a potential buyer won't be able to live without. (c) Copyright 2004, Jeanette J. Fisher. All rights reserved. Professor Jeanette Fisher, author of Doghouse to Dollhouse for Dollars, Joy to the Home, and other books teaches Real Estate Investing and Design Psychology. For more articles, tips, reports, newsletters, and sales flyer template, see http://www.doghousetodollhousefordollars.com/pages/5/index.htm
MORE RESOURCES: Sellers are flooding the home market while buyers sit on their hands in these US cities — creating a historic imbalance New York Post The housing market is finally buyer-friendly. Here’s where sellers are cutting prices. - MarketWatch Real Estate Transactions, June 16 edition Hopkinton Independent Real estate transactions sungazette.com Erie County real estate transactions Buffalo News Trump Just Disclosed He Received Millions Of Dollars From This Saudi Real Estate Developer Last Year Forbes Selig loses control of 9 more assets, including company's headquarters tower - The Business Journals Selig loses control of 9 more assets, including company's headquarters tower The Business Journals Real estate transfers in Adams County from June 2-6, 2025 Muddy River News Eastern CT Association of Realtors holds event at Norwich Inn & Spa to honor their own Norwich Bulletin Real estate broker’s take on Denton housing market: Price cures all defects Denton Record-Chronicle Richland County property transfers recorded June 9-13 Mansfield News Journal Real Estate Transactions | June 2-6, 2025 Republic-Times U.S. Commercial Real Estate Market Turns a Corner Amid Rising AI Momentum and Shifting Demand Patterns Boston Real Estate Times 34th annual Real Estate Center Dinner spotlights students, program supporters University of Cincinnati eXp Realty Honored by National Association of Hispanic Real Estate Professionals Direct Selling News Real Estate Sold: June 18, 2025 Lebanon Local Compass sued over unsolicited calls, texts Real Estate News by RealEstateNews.com Jamestown property on Bayview Drive sold for $2.3 million tops latest Newport County sales Newport Daily News Conversational marketing is the new pipeline: How AI is redefining intent in real estate HousingWire The Boulos Company Brokers Sale of Fully Leased Commercial Property in North Hampton, NH Boston Real Estate Times House on Georgetta Drive sells for $1,925,000 East Bay Times Kayne Anderson Real Estate closes opportunistic debt fund at nearly $1.7bn Alternatives Watch Katelyn Klingler Leveque & Kiamesha-Sylvia G. 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Then I felt the wrath of Gen X. Business Insider Nederland 2025 Epique PowerCON Accelerates the Future of Real Estate The National Law Review E-Leon: Prioritizing Mental Health in Real Estate Arizona Digital Free Press Real Estate Roundtable: Becky Walker Baton Rouge Business Report Nemmers Realty Bellevue Herald Leader Italy Real Estate Market Set to Surge to USD 11.3 Trillion by 2033 at a CAGR of 1.1% | IMARC Group openPR.com Saudi Arabia Real Estate Market Set to Surge to USD 132.65 Billion by 2033 at a 7.0% CAGR openPR.com Greater China property, finance firms face rising distress: AlixPartners South China Morning Post MLB star turned real estate developer Alex Guerrero asks $75M for a Miami spec mansion — with an 18-car garage New York Post Radio Real Estate 6/14/25 My Bellingham Now See how much real estate prices have changed in Napa last week The Press Democrat Real Estate in the Modern Era: Investing Beyond Bricks and Mortar Muddy River News Vendor & Real Estate Partners Dollar Tree Lawrence mayor on taxes: ‘We need more people to share the burden,’ he tells local real estate leaders Lawrence Journal-World Pinellas Beaches Real Estate June 10-16 The Gabber Newspaper June 6-12 Gulfport Real Estate Sales The Gabber Newspaper |
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