Spring is the Perfect Time for New Beginnings – Thinking about selling your home? Here are some tips to get the most value from your home.
Spring is the Perfect Time for New Beginnings
Thinking about selling your home? Like many people, you may find it difficult parting with your home. Perhaps your kids grew up in your home. Or maybe you’ve lived in your home so many years it feels odd to consider living anywhere else.
Once you’ve made the decision to move, here are some tips to get the most value from your home:
1. Take an Objective Approach – Although it may sound impossible, do your best to see your home (and matters relating to your home) from an outsider’s perspective. For example, ask your realtor for his or her opinion on any improvements to help your home show at its best. Talk to others who know who have gone through the process of selling their home to prepare yourself for the inevitable stress which will come with it.
2. Deciding When to Sell – There may be specific factors that affect the timing of when you list your home for sale. Perhaps you have found a new home already and want to move soon, or perhaps you are moving to a new city for a new job or to be closer to family members. Also, seasons may affect the pricing of a home.In many areas, spring tends to be a better time for sellers.
Vancouver is no exception. The number of home sales in Greater Vancouver jumped 36.3 per cent in February over last year, while the number of listings dropped 38.7 per cent according to a Vancouver real estate firm. Despite a strong surge in open house signs popping up across Metro Vancouver, the increase in supply is still strongly outweighed by the current demand.If you don’t have a specific reason that dictates the timing of when your home has to be listed, talk to your realtor about the right timing for you
3. Declutter Your Home – All your beloved possessions are of course meaningful to you – but when it comes time for selling, all those things may make your home look cluttered. Think about what you can either discard or pack up early. It is common for realtors to recommend for example, that family photos be taken down before showing the home. Critiquing your home and putting yourself in the shoes of a buyer is a good way to make your home as marketable as possible.
4. Make Minor Repairs – Though there might be a bit of an upfront cost, there can be a larger payoff in the end. Go through your home and take note of things which need to be fixed – things like cracked tiles, doors that won’t close, or holes that need patching up. Some buyers may look past these minor flaws, but some potential buyers may be dissuaded from giving an offer. Bear in mind, though, that huge makeovers may not be worth it. Completely re-doing the kitchen or bathroom may end up costing more than the increase in value of your home, so be smart about the makeovers.
5. Do a Bit of Outside Maintenance – Make the home look good from the outside so that people want to see what’s on the inside! A good first impression matters. Moe the lawn, tidy up for front yard, and do any minor repairs for the outside. Sometimes a new paint job can go a long way.
6. Have Your Home “Show Ready” At All Times – Having your home completely presentable at all times may not be realistic for everyone, but do your best. You’ll never know when there’s going to be another potential showing!
7. Find the Right Real Estate Agent – Finding the right person to help sell your home can take time. They need to be someone that you trust, and they also need to be knowledgeable about your housing market. Start by asking friends and family for any recommendations. You can also try looking on signs in the neighbourhood, or doing your own research online. Try to look at a few candidates before you make your final decision, and ask each one of them for a market assessment which should be provided free of charge.
8. Get Help with Packing – Once you have an accepted offer on your house, the harder work is just about to start! Give yourself lots of time to sort and pack up your whole home and don’t underestimate the amount of time it may take, especially if it is your first downsizing. To avoid getting overstressed, don’t be scared to seek help from family, friends or outside hired help.
Selling your home is no easy task – it is often stressful and emotional. Talking with friends and family can help better prepare you and alleviate the stress. And remember – once it’s all over – you have a new home to look forward to. Happy Moving! (Legacy Senior Living works with several partners that offer downsizing and moving services to assist in making your move as stress free as possible. Contact us to learn more. 604.240.8550)
This article has been reprinted with permission from our Community Partner, Stephanie Chan of Home to Home Advisory Services Ind. Stephanie offers downsizing and moving services to seniors making a lifestyle change ensuring them a smooth transition to their new home.
Downsizing and Moving Assistance Services Include:
- Assistance with floor plan mapping
- Helping the senior decide what will fit and what to keep
- Sorting and packing items from the current home
- Supply of all boxes and packing materials needed for the move
- Selling or otherwise dealing with items that are not being kept
- All logistical planning
- Supervision of the move
- Unpacking and help with placement of items
- Re-routing essential services and change of address notifications