Selling Home – upgrades that may pay off

“San Diego is a very competitive market, and buyers are paying special attention to any potential upgrades they think the home needs,” says Carlos Gutierrez, a real estate agent with Coldwell Banker Residential Brokerage La Jolla. “If the kitchen hasn’t been updated in a while, potential buyers will start subtracting from the list price of the home, and that could really impact a seller’s bottom line. By making the upgrades before putting the home on the market, you can add a lot of value and possibly get buyers in a bidding war.”

Here are some of the tips Gutierrez recommends for kitchens:

• Buyers are looking for light and bright in a kitchen. Make sure you have fresh paint in a neutral color.

• Changing out cabinet fronts or even the hardware makes a big impact for little money.

• Make sure the grout is clean and doesn’t need to be redone.

• Lighting is often overlooked by sellers, but not by buyers. Adding LED lighting, recessed lights or nice pendant lights will make a big impact.

• If you can’t afford new appliances, make sure your current appliances are clean.

Each of these upgrades can be achieved without a lengthy, expensive full remodel, you’ll note. “Small changes like these can bring you up to 5 percent when you sell,” Gutierrez adds. If you have a larger budget, “new appliances are always a great option because buyers notice them right away,” the agent says.

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