Transform Your House For a Quick Sale: 6 Simple DIY Tips

Remodeling a house for sale can be challenging but also fun project. If you put a little effort to it, it will pay off shortly.

DIY projects are an affordable way to make your property shine before sale, and they can easily turn into profit.

A little bit of painting, remodeling, and working on landscaping will result in a great sale. Just follow this simple advice, which is manageable even for busy parents.

brown wooden dining table with white chairs near kitchen

Choose Property that has Potential

If you’re looking to flip a house (buy it and then sell it at a higher price), the first thing to think about is whether the real estate you’re considering is appropriate or not.

Get familiar with the neighborhoods that are the most wanted among clients and that have a good surrounding for families, such as schools, kindergartens, parks, stores, etc.

Look for houses that don’t need some major adjustment. Cosmetic changes are faster but very effective for sale.

Don’t rush into buying property. While being swift is often advantageous, it can also leave you with a hurdle of unexpected hindrances/roadblocks. Be sure to thoroughly check the property for any hidden issues that might cost a lot, or take a lot of time to repair. If you aren’t sure, sometimes it’s best to play it safe, especially if you have a lot to lose – you have to weigh the risk.

In many places (cities, towns, villages, etc.) in the world, there are strict regulatory measures that can heavily affect your planning schedule and your budget. For example, if you need to do some plumbing or electrical work done on the house before you sell it (regardless of how minor or simple they might be), instead of going the DIY route, you might be required to hire licensed professionals.

This can increase your preparatory costs by a lot, as well as increase the time of the repair, because the companies might be overbooked at that time.

How to Stay on Budget

There are a few DIY projects that add the most value to the house: remodeling the kitchen, bathrooms and painting.

Try to keep costs under control to make sure you don’t get over your budget, or at least to minimize over costs.

Make sure you put all expected costs on paper. In that way you will know what should be your priority in remodeling, and what can be done if there are funds left.

Cosmetic repairs usually pay off the most. Simple painting walls, adding some new details and refreshing some old furniture can enhance house appeal significantly.

white ceramic bathtub

First Impresion is Crutial

When planning your budget for a DIY project, make sure to prioritize things that are important to make a good first impression on buyers.

Painting exterior walls, changing the mailbox, and adding some plants in the frontway are usually the best projects you can do to give an old house some shine.

If you do it right, with little cost you will make a big difference in house appeal.

Avoid Big Repairs

Every major work on the house, like changing floors or moving plumbing, takes a lot of time and can extend your project for more time than you initially planned. Also, it can go over your budget which reduces your profit from the sale.

If there are some repairs for safety concerns, prioritize them, and for the rest of the house, try to work as much as possible with what you already have.

Do-it-Yourself as Much as You Can

As the abbreviation DIY says, do it yourself whenever you can. That is the best benefit of this project. Reduce labor costs and prioritize projects that you can do on your own.

Choose projects that is in level of your skills and that will make your work a lot easier to handle.

How to Sell Fast

If you are doing the sale without realestate agency, invest in marketing, do open houses, and online listings. This are all effective ways to sell.

But if you don’t feel like doing that hard work by yourself, just hire professional sellers or buyers.

If you are interested in finding the right company to buy your house, just google it. For example, if you live in Dallas, type “sell my house fast Dallas TX” into a search engine, and dozens of results will appear. If you live in Atlanta, then write ‘Atlanta GA’, instead. You can use that exact same approach regardless of where you live in the world.

Hint: The ‘fast’ will provide you with real estate companies that have a proven record in efficiency; you don’t want your house sitting on the market for way too long.

Statistics

Good Projects for Return on Investment

The Remodeling Manazine conducted a study where they found that remodeling kitchens and bathrooms provide some of the highest returns. A minor kitchen remodel can enhance an average return of 81% on the initial investment, while a mid-range bathroom remodel can see about a 70% return on investment.

Better Appeal = Better Price

According to the National Association of Realtors (NAR), improvements to curb appeal (e.g., landscaping, exterior painting, etc.) can increase a home’s value by up to 7% (on average). This data means that by leveraging this strategy you get a 1.09 (USD) return on every 1 (USD) spent.

Home Sales and Renovation Trends

Based on a recent statistical analysis by the Texas A&M Real Estate Center, a 25% increase in home sales has been reported in the Dallas-Fort Worth (U.S.) area, in recent years. Data also shows that homes were selling by up to 430% faster than in other areas in Texas. After further investigation, it has also been found that homes which have updated/renovated kitchens, bathrooms, and curb appeal improvements were selling approximately 20% faster (on average).

Conclusion

If you love DIY projects, investing in houses and selling them after remodeling is a great business full of creativity and, in the end, good profit.

Make sure to plan your budget well, prioritize work that must be done for safety, and later work on things that are the most important for lifting sale price, such as kitchen and bathroom remodeling, painting the exterior, etc.

When you finish remodeling, consider selling your house to the best local house-buying company, and you will get your profit fast.

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