Greater Seminole County Real Estate Report 1-20-21: Ready to update your living room? Use these tips to create a space you will love and upgrade your living room to sell at the same time!
The kitchen is often thought of as the most important room in the home, but the living room is a very close second. It is the place where you spend quality time with your family, entertain friends, and make long-lasting memories with those you love. When renovating your living room, you want a space that you will enjoy for many years to come. However, you never know when you might decide to put your home on the market, making it essential to keep an eye on resale value. These tips will help you upgrade your living room to sell.
Know Your Buyers
Before you begin any upgrades, think about what type of buyer will be interested in your home. Is your home in a good school district? If so, families with young kids will be your target buyer. On the other hand, your home will appeal to young professionals if you are close to the business district.
For example, if young families are your target buyer, steer clear of white walls because they show dirt so easily. The bottom line is to keep any renovations functional for potential buyers.
Don’t Go Over-the-Top
You may think there’s no such thing as too much upgrading, but there is. No one will buy a $500,000 home in a neighborhood where all other houses are worth $300,000. It is advisable to research the market value of other homes in your neighborhood. Consult with a trusted Realtor to get an idea of how much your home will be worth after upgrades are complete. This helps ensure you can recoup your money when it is time to sell. Want to know how much your home is worth now? Estimate your home’s value with our instant home value calculator.
Lose the Popcorn Ceilings
Even if everything else in your living room is new, a popcorn ceiling will make the space look dated. This was a popular style in the 1950s, but not anymore. Removing a popcorn ceiling will instantly improve the look and value of your family room.
It is pertinent to note that any popcorn ceilings installed before 1978 may have asbestos. If this is the case with your home, you should have it tested and professionally removed.
Cracks in the walls and ceilings make living rooms look run-down. Mending cracks should be a part of your renovation plan. It will not only make the room look more aesthetically pleasing but increase the market value.
The kitchen isn’t the only room in your home that has hardware. Give your living room a boost by upgrading dingy outlet covers and switch plates. Elevate the look by updating light fixtures, ceiling fans, and doorknobs. Carefully chosen hardware can set the tone for the room.
Keep it Neutral
Keep in mind that not everyone’s tastes are not going to be the same. Be careful not to do anything too extreme that will be a turn-off to buyers. Of course, you can always change things up when it’s time to sell. This includes wild paint colors and unconventional built-ins. For instance, if you choose a bright paint color, you can always repaint it to a neutral color before putting your home on the market.
Plenty of Light
Light makes family rooms look and feel spacious. Adding additional lighting fixtures or enlarging windows are two options for allowing more light into the living room. You can also consider adding glass sliding or French doors that lead to outdoor space. This will make it feel as if the outdoor space is an extension of the living room, make it feel exponentially larger.
When It Is Time to Sell
These tips will help you not only create a space you will love but simultaneously upgrade your living room to sell. When it is time to sell, partner with the most trusted Realtor in Lake Mary. With over 30 years of experience, Gitta Sells is dedicated to helping sellers get top-dollar for their homes. I am happy to answer any questions you may have. Feel free to contact me at firstname.lastname@example.org or 407-330-2181.
Learn more about how to successfully market your home in a COVID-19 world!