When it comes to selling your Lake Ozark home, ignoring what you consider a tiny flaw could delay your sale. It may even destroy it altogether. Why? When buyers see a torn screen or broken tile, they start to wonder what bigger problems haven’t been addressed. Also, they start adding up the cost of these repairs in their head. Then, they begin to discount those costs from the asking price. We’d like to offer this Lake Ozark Seller Tip: fix the small stuff or else you may risk losing a sale.
Lake Ozark Seller Tip: Make Repairs Both Big AND Small
A home inspection can help you suss out issues that may lurk in your Lake Ozark home before you put it on the market. This $200-$300 investment could pay off in a bigger asking price after all repairs are made. At the very least, you can get estimates on the cost of repairs to present to potential buyers if doing them yourself doesn’t fit within your budget.
Big Repairs/Changes to Consider
Millenials make up a huge portion of today’s buyers. They’re looking for open floor plans. If your kitchen is shut off from the rest of the home, you may want to consider knocking down a couple of walls to open it up. Same goes for the living or family rooms. Load-bearing walls require headers (which add cost to your renovation budget). But, non-load-bearing walls can be relatively easy to knock down. You’re also going to want to make sure to bring your kitchen into the 21st century. Avocado green and mustard yellow went out of style with shag carpeting.
Do you own a multi-level property? Is your laundry room in the basement? Are all your bedrooms on the top floor? While you may have gotten used to lugging laundry up and down those stairs, today’s Lake Ozark buyers prefer to have their laundry room on the same floor as the bedrooms. After all, that’s where the most laundry is generated. Even if you’ve just bought the most expensive, state-of-the-art washer and dryer that will stay with the house, buyers may balk at the laundry room’s current location. See if there is space on your bedroom level where you can create a dedicated laundry room. This may seem silly to you, but buyers will appreciate the change.
Small Repairs/Changes to Make
Like we stated before, even something as simple as a ripped window screen or broken tile can turn a buyer off. Window screens can be a pain to change out. Sellers don’t want to bother. But, buyers may insist they be fixed or else they’ll walk away. Other things to look out for: squeaky hinges, broken windows, discolored grout, sticky doors and/or locks, loose doorknobs, a broken doorbell, burnt out light bulbs, and missing drawer knobs or pulls (if you have any). And, since more and more people do at least some work from home, you may want to stage one of your bedrooms as a home office.
If you heed this Lake Ozark seller tip and make changes before you list, buyers will only see a great property for sale. But, if you balk at making any changes or repairs, no matter how small, you could risk losing the sale. When you’re ready to list, contact us. We’ll be happy to help you out.