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Are You Ready to Sell Your House in Chicago?

Jan 31, 2019 | Around Town

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The real estate market in Chicago can be tricky, and if you’re preparing to sell your home, there are several things you’ll want to consider. Many buyers and agents are working together to modernize spaces and make homes feel move-in ready. To close the deal quickly, it’s important to appeal to today’s buyers. So, if you’re getting ready to list your home, what can you do to accelerate the sale?

What sells?

The first thing sellers need to consider is what buyers are looking for. In the past, many buyers were prepared to buy fixer-uppers and homes in need of a facelift. They were prepared to put in the work as a part of their purchase. Today’s buyers? They often prefer a move-in ready spot. They’re ready to pay for the house they want and would rather not have to think about making updates and changes.

Renovate or Stage?

This isn’t about staging your home with fancy furniture and art, though it’s also not a massive construction project. For many sellers, light renovations can go a long way. Many houses have great bones and design, and it’s more the color schemes and aesthetics that need updating. You want to make permanent changes to the home that will eliminate objections from potential buyers.

What to update?

So, you’re ready to invest in modernizing. Where do you direct your efforts? One of the easiest places to start is to look at finishes. Neutral is key here. Consider things like cabinets, backsplashes, light fixtures, and drawer pulls. The kitchen tends to be one of the smartest rooms to invest in, with bathrooms and living rooms also making an impact on buyers. These alterations don’t necessarily need to be expensive, but they can quickly change the feel of a home. In general, striving for simplicity is a smart goal. You want to modernize, neutralize, and make your home ready for today’s buyers.

Need some help?

Your real estate agent can often tell you if renovation is needed. If you’re not sure where to get the best bang for your buck in this type of renovation, consider bringing in some professional help. Renovation Sells, a Chicago-based firm, specializes in these kinds of projects. Led by general contractor and rehabber Michael Valente, this firm can help you get your home sale-ready with projects ranging from $5,000 to $40,000.

 

Sellers don’t need to panic about finding a buyer. With a bit of time and attention before putting their house on the market, they can create a space that buyers will want to move into. Look at your home from the modern buyer’s perspective, determine a budget that makes sense for you, and get ready to accelerate your sale.

 
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