Considering selling your home and moving to a new city? It can be a smart move, especially if you live in a city like Tampa, Florida, where home values are skyrocketing. The median sale price of a home in Tampa in April 2023 was $417,500, according to Redfin data. This is greater than the national median sale price of $388,800, according to Bankrate, and it reflects a rise of 4.4 percent year over year. It gives you the perfect opportunity to start fresh in a new city.
Selling a property may be thrilling, but it can be equally challenging, particularly if you want to draw in buyers and get a fair price. Planning the home renovations and the move simultaneously can be another challenge since there are simply too many factors to consider.
Therefore, to lessen your workload, we have done the necessary research and created a list of recommendations to assist you in making choices that increase the market value of your property before you put it up for sale.
Let’s take a look.
1. Reduce Clutter and Move your Belongings
It is important to declutter your home before you start any remodeling or repairs for your Tampa home. This will help you get a better idea of your available space and make it easier to stage your home for potential buyers.
After you’ve finished the decluttering process, it’s a good idea to move your possessions to a storage unit, or preferably your new home, to ensure they’re out of the house and safe. However, shifting your belongings to the new city you’re moving to without causing damage or losing anything is challenging. Therefore, to guarantee your belongings move safely out of the city, hire the best long distance movers in Tampa.
Additionally, clearing up the clutter in your house and moving your items can give you a room that seems like a blank canvas. This blank canvas enables you to complete further minor renovations before listing your home for sale. Utilizing this spotless setting will allow you to concentrate on making your property more appealing and presenting its full potential to prospective purchasers.
2. Update The Bathrooms With New Fixtures And Furnishings
According to Zillow, even simple bathroom upgrades can result in a good return on investment. Outdated bathrooms with corroded fixtures and drab color schemes can be quite off-putting. Invest in replacing outdated bathroom fixtures with timeless styles made of durable materials like brushed nickel or stainless steel. The need for frequent replacements is reduced by using durable materials, which also minimizes maintenance expenses.
Moreover, regrouting and caulking are important bathroom maintenance steps. Grout and caulk can deteriorate and change color over time, giving the bathroom a messy appearance. The bathroom will look clean and well-kept if you take the time to re-grout the lines and caulk around the shower, tub, and sink areas.
Last but not least, don’t undervalue how important it is to incorporate natural elements into the bathroom. These components contribute to better air quality while also enhancing aesthetic appeal.
3. Modernize The Kitchen
A kitchen remodel could be a game-changing investment that greatly increases the home’s charm and value. Improvements to the kitchen go beyond aesthetics; they raise the standard of living.
Therefore, give solid-wood kitchen cabinets with a modern design and ample storage some thought. For residents who want to spend time in the kitchen, the appearance of the cabinets is quite significant and has a big impact on how they view the property they are about to buy. An enormous turnoff and potential customer deterrent are antiquated, worn-out, or low-quality cabinets. Installing new cabinets can increase the value of your property while enhancing the kitchen’s appearance.
Consider discussing potential cost-saving strategies with your contractors to make the changeover to new cabinets more affordable. Contractors usually have good relationships with regional wholesalers, which could get them competitive prices.
4. Spend On Smart Home Technologies
In the age of technological advancements, smart house technology is becoming a popular feature for purchasers and landlords. Incorporating smart home technology can be crucial when upgrading an outdated property because it raises the home’s value.
One of the key elements of smart home technology is the installation of smart thermostats. With the help of these tools, homeowners can remotely control the temperature of their house, assuring optimal comfort and energy efficiency.
Incorporating smart locks into the house is another practical aspect. Smart locks increase security by allowing occupants to lock and open doors using their smartphones. Eliminating traditional keys reduces the possibility of keys being lost or stolen and reduces the need for costly lock replacements.
5. Pet-Friendly Home
Consider how you can accommodate pet owners and foster a pet-friendly atmosphere before listing your house. Making sure your home is spotless, odor-free, and pet-friendly is a crucial step in doing this. To remove any remaining pet odors and stains, thoroughly clean the carpets, furniture, and floors. This can be crucial for prospective buyers who have allergies or sensitivities.
Moreover, giving pets their area can also be a major selling element. This could be a tiny, enclosed space furnished with a pet bed, toys, and possibly a water and food station.
Also, consider how to make your outdoor space pet-friendly and safe. Verify that fences are solid and that no dangers—such as poisonous plants or sharp edges—could injure dogs. Pets have plenty of room to play and wander in a well-kept garden or backyard, which also improves the appearance of your home as a whole.
When considering selling your home, make an effort to focus on improvements that offer exceptional comfort and raise the value of your property. You could make improvements above expectations and attract more potential buyers. To make your property more desirable, make use of smart home technology, and renovate key rooms like bathrooms and kitchens.
These focused upgrades will boost home values and attract prospective buyers, ensuring your home sells at a good price in the cutthroat Tampa real estate market.