Selling your home? Here are the improvements buyers swoon over:
Simple kitchen and bath improvements are what home shoppers desire the most, according to a new released today by home-buying platform Knock. Although the housing market is fiercely competitive, an updated home still tugs at buyers’ heartstrings, selling an average of 30% faster than a home without improvements.
“Getting a home ready for sale can be a stressful experience, and the supply chain constraints and contractor backlogs brought on by the pandemic have made it even more difficult to get work done,” said Knock co-founder and CEO Sean Black. “Three years ago, homeowners had to put a lot more work into their home before listing it. However, even in the current market with homes selling in record time, the data continues to support the benefits of getting your home show-ready.
The analysis found that homes with modern renovations sold in an average of eight days, compared to 12 days without improvements. Homes with two or more improvements sold two times faster – in an average of six days. Interior and exterior paint is the most common home improvement with 70% of sellers opting to refresh their walls at an average cost of approximately $3,500. However, prospective buyers crush the most on freshly painted kitchen cabinets, a project that can be completed for $1,319 on average.Consistency is key when choosing which renovations to make. If one room gets a fresh coat of paint, it is important that the rest of the house does as well.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Helen Mirren’s Under-$100 Eco-Friendly Sneakers Now Come in New ColorsBrazil-based brand Cariuma's organic cotton and canvas kicks often sell out — here's how to get them with an extra perk for the earth.
Read more »
Eco-Friendly Features Help Homes Sell Up To 10 Days FasterFeatures that reduce monthly energy bills can help a home sell faster and, sometimes, for more money.
Read more »
Ex-Google CEO Eric Schmidt on why in-office work is better: 'I don't know how you build great management' virtuallyEx-Google CEO Eric Schmidt on why in-office work is better: 'I don't know how you build great management' virtually. (via CNBCMakeIt)
Read more »
Zooey Deschanel’s Earth Day Post Honors BF Jonathan Scott ‘Who Values Protecting Our Earth' As Much As HerZooey Deschanel and Jonathan Scott's newest Earth Day Instagram photo is so swoon-worthy.
Read more »
Bitcoin (BTC) Price Analysis for April 23$BTC price analysis: if bulls cannot seize the initiative by the end of the week, the fall may continue to the zone around $37,500 Bitcoin BTC BTCprice
Read more »
The most expensive (and cheapest) two homes sold in San Francisco this monthSan Francisco's real estate market is like no other.
Read more »