How to Sell Your Home Quickly on a Budget
December 21, 2021 Mark MacFarlane

How to Sell Your Home Quickly on a Budget

Posted in Home Rental, Home Services, Investment Property, Real Estate Agent

How to Sell Your Home Quickly on a Budget

Sell Home Quickly Without Breaking the Bank

Are you interested in learning how to sell your house quickly and for the highest possible price?  In this article, we are going to explain what you can do to sell your house quickly without breaking the bank!

There are many things to consider when you are trying to sell a house quickly.  One of the most important questions is which area or room in the house is most important.  In other words, where should I concentrate my efforts and money that will help me sell your house quickly for the highest possible price?

Repairs, Painting, and Upgrades

Now that the two most important things have been completed, we can turn our attention to what repairs, upgrades, and improvements will help you sell your house quickly and provide a return on investment.  Unfortunately, this is where things vary widely, from house to house. But in general, here are the things you should consider repairing, upgrading, or upgrading.

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The first thing you should consider repairing is anything that is causing additional damage, like a plumbing leak.  Any condition that is causing or may cause additional ongoing damage should be repaired as soon as possible.  This will not only prevent further damage but a potential buyer who sees the unrepaired item will assume the entire home has been neglected.  Many buyers will not buy a home that they believe was neglected or the offer will be drastically reduced based upon the perceived neglect.

There other repairs you should consider doing is anything that may give the potential buyer the perception that the home has been neglected.  This can include broken screens, mold growing in the shower/bathtub, holes in the walls, or water stains caused by a previous leak.  Most of these items are inexpensive but go a long way in making your house look and feel well cared for.

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Repainting is one of the least expensive improvements you can do that provide the greatest visual impact and return on investment.  This does not mean you need to repaint the whole house, but wherever the paint has deteriorated or the walls are dirty, repaint those walls or rooms.  Concentrate on the main living areas and the entranceway.  The spaces you first see when you walk into the house.

For many homeowners, painting is a do-it-yourself project a word of caution.  If you are not capable of doing a professional-level paint job, then hire a professional.  A poor paint job will reduce the value of the home and make it harder to sell.  If you would like guidance on how to paint like a professional, please see our article How to Paint the Interior of Your Home Like a Pro.

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Deciding what upgrades to do and which ones to avoid is much trickier and will vary from house to house.  The general advice is to upgrade anything that is deteriorated to the point of being functionally obsolete or not functioning as intended.  The other consideration is upgrading anything that will give you a return on investment.  But keep in mind you will lose money on most upgrades.  Here are a few examples of potential upgrades to help guide you:

1. A kitchen that has cabinets that are 30 years old but are still in good functioning condition does not need to be upgraded.  Just make sure they are clean and you may consider refinishing/painting.

2.  An obsolete electrical panel that is not capable of safely serving a home with modern appliances would be considered functionally obsolete and the homeowner should consider upgrading.

3.  A water heater that is very old but functioning does not need to be upgraded.

4.  A bathroom that is very old and not in good condition might be a good candidate for an upgrade, especially if there is only one bathroom in the home.

5.  Replacing carpeting or deteriorated flooring might be a good investment.  Providing you choose wisely (don’t overspend) new flooring cannot only help you sell your house quickly, many times you will recoup your investment by selling for a higher price.

Final Thoughts

Remember – you cannot win it (sell it) if you cannot get them to come in it!  So if you want to sell your house quickly you need to start by sprucing up the outside of the home.  Then wow them with how clean, light, bright, and open the interior of your home is.  Some repairs are necessary, paint is your inexpensive friend but make sure you apply it professionally and choose wisely when doing any upgrades.

Finally, if you need inspiration or guidance we highly recommend you go tour model homes set up by new home builders.  Look at how they do it and duplicate that in your own home as much as possible. That is how you sell a house quickly and on a budget!

Brought to You by OutFactors

This information is provided by OutFactors, a home cash buyer. At OutFactors, we buy houses as-is for cash and close quickly. To get a cash offer on your home you just enter your address and answer a few simple questions about the house. The entire process only takes about 2 minutes and personal information is NOT required. Yes, that is correct! No email address, no telephone number, not even your name. If you like the offer, great, your home is sold. If not, just “X” out and go enjoy the rest of your day. To get a great cash offer click here!

For those who prefer a personal touch, we invite you to call us at 800-420-7030 to speak with our friendly and helpful customer advocates. We are here to help!

539 West Commerce StreetGold Best Cash Offer Button
Suite 1205
Dallas, Texas 75208
(800) 420-7030

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How to Sell Your Home Quickly on a Budget | OutFactors – Dallas Fort Worth, Texas