Using Interior Design to Help Sell Your Home
The new concepts that have come about in interior design psychology have allowed home sellers to make more profit in today’s competitive real estate market. This means it is well worth your time planning the changes you will make in order to sell your home for the highest price.
You need to develop a general design plan which keeps your target market and budget in mind. Supply and demand will really determine your overall design plan. How many houses are up for sale in your area currently? Per week, how many of those houses sell? Is the weather of the selling season cold, warm, or hot? Is the market favoring 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. To stand out from the competitors, you will still need to do a few things to your home regardless of your answers to the above questions.
You must know who your target buyers are. Take into consideration your neighborhood and the buyers who are purchasing homes close to yours. Are these buyers purchasing their first home, or are they moving up? This fact will be very important to your design plan, because the psychological needs of these two types are buyers are very different from one another. People buying their first home are seeking to control their own environment by buying, rather than renting. These buyers often have psychological needs including such things as safety and security, a sense of connection, comfort, and self-control. While move-up buyers also enjoy such benefits, they typically worry more about getting into a bigger home with more amenities for their self-esteem, comfort, and prestige.
You want to make a difference in your sales price, so only purchase items that will make a difference. Of all the repairs you can possibly make, fresh paint is your best investment. Also, new kitchen appliances, upgraded bathroom features, and new lighting fixtures will give you a good return for your money spent. Hiring professional help can sometimes be worth the extra expense. It will be cheaper for you to hire professional painters than day laborers because they are able to work much faster. Tile installers, carpet layers, and electricians will also do a better job than day laborers because they know their trades very well.
Picking the perfect colors to paint your home will also make a huge difference in your paycheck at closing. Take a peek at houses near yours and choose your colors accordingly. Make sure you keep in mind that colors look darker on large exterior expanses than they do on the little paint chips at the store. Good luck on your sale!