Top 5: Highest ROI Pre List Projects

TOP 5: HIGHEST ROI PRE LIST PROJECTS

If you’re thinking of prepping your house for a Winter or Spring listing, here are the top 5 improvements to consider, to help you stand out from the competition.
 
1. PAINT- A fresh coat of the right color will make the biggest impact for a very reasonable investment.
 
2. KITCHENS & BATHS- Are there any small investments that might make a big impact? (i.e. painting an old vanity, new cabinet knobs, staging etc.)  Small updates like these can help these rooms compete with more updated kitchens and baths by showing buyers how good they can look, without an expensive remodel.
 
3. REPAIRS- If there are repair issues that you know will come up in inspections, best to evaluate whether taking care of those in advance makes sense.
 
4. LIGHTING-A few well chosen light fixtures can be a great low cost improvement to update any room.
 
5. MAINTENANCE AND CLEANING- All Buyers want a house that has been well maintained.  Making sure that your house presents as such is impactful and well worth the investment.
If you’d like some guidance on where to spend your “Listing Prep Dollars”, I’m happy to help you through this process, along with my team of professionals.  Consider it a mini flip with a low price tag and a big return on investment!
       


     

Veronica Powell
503.936.3475

Top 5 Reasons To Prep Your House For Market (Even With Low Housing Inventory Levels)

With such limited inventory, a seller might think, “Why bother prepping my house for market, when Buyers are competing for listings?”  I get where that is coming from but here are a few things to consider before taking that short cut.

1) Buyers are competing for “the good ones”, the ones that make Buyers feel at ease and in love.  A property that comes with an obvious “to do” list does not garner those same emotions.

2) Emotions are what sell properties.  By the time a Buyer walks in the door, they know several things already work for them (i.e. Location, BR/BA, etc.), or they wouldn’t be in the house to begin with. What Buyers are looking for is a house that they can imagine themselves living in.  This is much harder to do when all you see is projects or clutter.

3) The “ugly ducklings” are not the houses selling the first weekend.  The “beautiful swans” are.  In this market, a house that is on the market for more than that first weekend already starts to look stale and has Buyers wondering: “What’s wrong with it?”

4) With expert guidance, improvements can literally double (if not more!) your return on pre- market prep investments.  Painting, trim touch ups, updated light fixtures, staging, all of the items that you are dreading doing, a Buyer will dread even more.  Once it’s done, the stack of offers will have made all of that effort worthwhile.

5)  Every Buyer wants a house that has been well maintained.  It looks better, feels better and can be an indication of how a house will inspect.  Start things off in the right direction by catching up on things that have maybe fallen by the wayside in the years that you’ve been in your home (i.e. HVAC service, gutter cleaning, roof moss treatment etc.).  It will result in higher Buyer interest and a more committed Buyer.

If you’d like to discuss how my team could transform your home, to make the most of your investment, I’d be happy to meet with you to discuss your budget and the best options for your situation.  To truly take advantage of the strong Seller’s market, your house still has to shine!

 

Veronica@LivingRoomRE.com

503.936.3475

Washington County Treasures

For Buyers looking for more affordable property taxes, or just more options in our current low inventory market, searching slightly further west can still get you a relatively “close in” property.  With lower property taxes, it can also give you a little more buying power.  Many of these homes are still within city of Portland boundaries, even though they are within Washington County tax jurisdiction (vs Multnomah County).  If Beaverton feels, or sounds, too far out, there are options!  This lovely home in the West Slope neighborhood was just the right fit for my Buyers.

I’m happy to share all of these little pockets with you to help you find just the right fit for your needs.  Give me a call if you’ like to discuss what you are looking for in your next home.

Veronica Powell

503.936.3475

Veronica@ LivingRoom RE.com

Willamette Heights Architectural Treehouse

Great lines, great location, great light.  This was the one!

Located just a short walk from the Leif Erikson trailhead and Forest Park, this treehouse has oversized windows to take advantage of hill top views and a few mountains too!

Walkable to everything in the Alphabet District this is urban living at it’s finest.

If you’re in search for a modern oasis like this one, reach out!  I’d be happy to help.

Veronica Powell

503.936.3475

Veronica@LivingRoomRE.com

Beaverton Beauty- SOLD!!!

 

The market (and the weather) are both HOT, HOT, HOT!  This beauty sold in just 4 days with multiple offers.

If you’ve been considering selling, now is the time!!!  Inventory is low and multiple offers over asking price are the norm.

If you have a house that you would like to sell, or are looking to purchase, I would be happy to help.

Veronica Powell

503.936.3475

Veronica@LivingRoomRE.com