March 1, 2019.
Why it’s possible to sell for more with the right home improvement
Here are some key takeaways:
- If you hope to sell this year, these are the top four home renovation projects that’ll bring you the greatest Return on Investment (ROI).
- Even a minor bathroom reno can have a major impact on both improving your quality of life and impressing interested buyers.
- Making upgrades to your landscaping or curb appeal can help attract more buyers at face-value. These are the renovations that rank second and fourth for the highest return on investment.
Selling and buying don’t have to be hard. LoanFly makes it easy.
There’s another reason to consider renovating and selling. 2019 is predicted to be a great year for sellers and buyers. Many homeowners have avoided listing because of the idea that rising interest rates and housing prices have put off homebuyers. But this year, buyers who couldn’t find an affordable home last year are coming back into the market.
NerdWallet’s 2018 Home Buyer Report shows an increase in optimistic buyers:
“Approximately one-third (32 percent) of Americans plan to purchase a home in the next five years. Millennials are most likely to have such a purchase in their five-year plan (49 percent), versus 35 percent of Generation X and 17 percent of baby boomers.”
The most common reason Americans want to buy a house? They say it’s a good investment. This makes 2019 an ideal year to sell or buy a home because buyers are highly interested, and there’s less competition among sellers, a phenomenon that may only last until 2020.
How to get a new house in 10 days
Will a low rate save you more money than a faster closing? Why not both? We’re a nationally-ranked mortgage lender that offers great rates, expedited in-house processing, ultra-fast loan closings, and bend-over-backward service that can get you into a new home in 10 days. Connect with a local loan officer to find out how.
For educational purposes only. Please contact your qualified professional for specific guidance.
Sources are deemed reliable but not guaranteed.