Using Interior Design to Help Sell Your Home
In today’s competitive real estate market, home sellers are making more profit due to the newer concepts in interior design psychology. It is therefore well worth your time to plan the changes that you will make so that you can sell your home for the highest possible price.
Come up with a basic design plan, but make sure to keep your target market and budget in mind. Supply and demand will be the biggest factor in your overall design plan. How many houses are up for sale in your area currently? How many of those house are sold each week? Is the weather of the selling season cold, warm, or hot? Does the market belong to buyers or sellers? If the market is quick moving and buyers are lining up to put offers for homes in your area, you can do less. It doesn’t matter what your answers are to the previous questions, you still need to make sure and do a few things so that your home stands out amongst the competition.
It is necessary to know your target buyers. Make sure to keep in mind your neighborhood and the buyers who are buying homes near yours. Are these people buying their first home, or are they upgrading. Due to the fact that the psychological needs of these two types of buyers vary considerably, this will play an important part in your marketing and design plan. People buying their first home are seeking to control their own environment by buying, rather than renting. Their psychological needs often include such things as safety and security, a sense of connection, comfort, and self-control. Finding a larger home with more amenities for their comfort, self-esteem, and feelings of prestige are usually the psychological needs of buyers who are upgrading.
When you take into consideration what things to include in your budget, make sure you only purchase things that will make a difference in your sales price. The best investment you can make as far as repairs go is fresh paint. Spending money on new kitchen appliances, updated lighting fixtures, and upgraded bathroom features will also give you a great return on your investment. Hiring professional help can sometimes be worth the extra expense. Professional painters work very quickly and usually cost less than day laborers. Hiring tile installers, carpet layers, and electricians will be a better choice than day laborers, also, because they are so good at what they do.
Deciding on the right colors to paint your home will make a great difference in your paycheck at closing time. Take a peek at houses near yours and choose your colors accordingly. Keep in mind that colors look much darker on huge exterior expanses than they do on the little paint chips you pick up from the store. Good luck on your sale!