Considering selling your home, don’t sell yourself short! The exterior of your property is the first thing potential buyers will notice, setting their initial impression that can be hard to change. Consider exterior projects that focus on adding value to your home by enhancing its curb appeal.
According to a study conducted by business professor Sriram Villupuram at the University of Texas at Arlington, homes with high curb appeal sell for an average of 7% more than those with a less inviting exterior. Villupuram’s research involved training computers to identify appealing features, such as well-maintained lawns, neatly trimmed shrubs, and vibrant flowers, by analyzing and comparing numerous Google Street View images of homes that have sold. Remember, even if it’s not the ideal time for you to sell due to your unbeatable interest rate, it’s still important to maintain your investment and stay on top of home improvements. This will give you a competitive edge when the market conditions align for you to confidently put your home up for sale. Budget-friendly ways to boost your property’s curb appeal:
Achieving a seamless harmony between the interior and exterior of your home is crucial. Keep an eye out for the upcoming July edition of our ‘Grounded’ newsletter, where we will explore interior home renovation projects that provide exceptional returns on investment. Stay tuned! |