Sunday, May 5, 2013

Prepare Your Home for the Boston Real Estate Market


If you have recently decided to sell your Boston home, congratulations! You’re entering a fantastic market for sellers as home prices continue to climb and mortgage rates remain below 3.5% for a 30-year fixed loan. While you’re probably eager to stick a “For Sale” sign in the front yard and get your home listed in the MLS (Multiple Listings Service), there are some things you need to consider and steps you need to take before you’re ready to officially put your home up for sale. Here are my tips for making sure your home is ready for the Boston real estate market.

Determine a budget for updates
Sure, homebuyers may be impressed by a new Jacuzzi tub or a new roof, but it’s not likely you’ll get a big enough return on your investment to make it worth the cost. When preparing your home for the Boston real estate market, my advice is to spend as little money as possible and focus on minor touchups throughout your home that will highlight existing features. As a Boston real estate agent, I’m very familiar with what local homebuyers are looking for. I’d be happy to help you decide what repairs and improvements will grant you the greatest return on your investment.

Clear out the clutter
Personal knickknacks, family photos and stockpiled newspapers and magazines can be distracting as homebuyers walk through your home. To make clearing the clutter out of each room as simple as possible, I suggest you create three piles: Keep, throw away, and donate. Don’t toss everything into a closet, either! Buyers will be peeking in every nook and cranny to see how much storage space is available in your Boston home.

Neutralize the décor
You may like those neon wall colors you chose for the kids’ bedrooms, but that doesn’t necessarily mean potential buyers will feel the same way. When preparing your home for the Boston real estate market, it’s best to try to appeal to a wide range of buyers. I suggest that all of my clients re-decorate statement rooms to follow a more neutral palate. A muted interior design scheme will also prevent buyers from being distracted by your taste in home accessories and help them focus on the floor plan and features.

Make all necessary repairs
Take a walk through your home with the scrutinizing eye of a homebuyer. Does the bedroom door squeak when it’s opened and closed? Does the kitchen sink have a leak? These nuisances are a part of your daily routine and can be easily overlooked as you make routine repairs around your home. Take the time to fix these problems before listing your home on the Boston real estatemarket, or hire a professional to take the tasks off your hands.

Once you have decided to sell your home, please contact me for more tips on how to prepare your home for the Boston real estate market. With thorough planning and preparation, I’m confident your home will receive multiple offers at, or even above, your asking price. I look forward to working with you!


Lucas Garofalo
Keller Williams Realty
(617) 861-3631
Lucas@LucasBostonHomes.com

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