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Boost Your Home's Value Before Selling: The Financial Benefits of Updating Your Home Before Selling

Traci Prantner

Selling your home is a significant milestone, and maximizing its value is often top of mind for homeowners. One of the best strategies to achieve this is updating your property before listing it on the market. Let’s dive into why these updates matter, how buyers perceive them, and how innovative programs like HouseAmp can help you transform your home and secure a higher return.


Why Updates Are Crucial Before Selling

When buyers tour homes, they are looking for properties that feel move-in ready. Even minor issues, like outdated fixtures or scuffed walls, can be deal-breakers. In most cases, buyers will factor repair costs into their offer by deducting more than the actual cost of repairs. For example, a $1,000 repair might result in a $5,000 reduction in their offer because buyers overestimate costs and want a cushion for unexpected expenses.

Additionally, buyers often have difficulty visualizing the potential of a home. A property that’s updated and well-maintained appeals to their emotions and practical needs, making it easier for them to envision themselves living there. This translates to more offers and less time on the market.


How Updating Your Home Pays Off

Here are some key financial benefits of making updates before selling:


  1. Higher Sale Price: Homes with completed repairs and modern updates sell for more. According to the National Association of Realtors, sellers see a return on investment (ROI) of 60-80% for many renovation projects.


  2. Faster Sales: Updated homes attract more buyers, reducing the time your property spends on the market.


  3. Reduced Buyer Negotiations: By addressing potential issues upfront, you avoid buyers asking for concessions or price reductions during negotiations.


Tap Into Equity with HouseAmp

One common challenge sellers face is financing these updates. That’s where programs like HouseAmp come in. HouseAmp allows you to access your home’s equity to fund necessary repairs and upgrades. The best part? You don’t pay until your home sells. This removes the financial burden and lets you focus on presenting your home in the best possible light.


Look at these Client's Before and After Photos





Final Thoughts

Investing in updates before selling is a proven way to boost your home’s value, attract more buyers, and sell faster. With the help of tools like HouseAmp, the process becomes even more accessible. If you’re considering selling your home, take the time to evaluate which updates will make the biggest impact—and watch the offers roll in!

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Peter & Traci Prantner
Realtors® | Remodeling | Handyman

Married Serving Florida

Heritage Real Estate Agency & Renovida

1112 New York Ave

Saint Cloud, FL 34769

Peter Cell Phone: (703) 628-5537

Traci Cell Phone: (321) 247-0856

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© 2019 by Peter & Traci Prantner, Married Serving Florida.

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