Can Changing the Color of Your Home's Exterior Help You Sell It Faster?
Curb appeal is one of the most important ingredients in a successful home sale. Buyers decide in seconds whether a house is likely to be a good fit for them, and the exterior color is one of the top factors that influences their opinions. Repainting the outside of your house might help you quickly sell it for top dollar. Appeal to a Wide Range of BuyersBefore you put your house on the market, think about how the general public will perceive it. Most people prefer houses with neutral colors that look attractive but don’t stand out. That makes white and gray good choices. You want buyers to think about how they could make the house their own. Buyers see a white house as a blank canvas full of potential. They might imagine planting flowers, repainting the front door or window trim, or making other changes. A bold color on the exterior might be a perfect match for your personality, but it can be an instant turnoff for a large segment of buyers. No matter how much you love a bright color that you chose, it will be in your best interest to repaint the house in a more neutral shade before you put it up for sale. Choose a Color Scheme That Fits the House’s DesignThe color of your home’s exterior should be appropriate for its architectural style. A color that looks amazing on one house can look out of place on another. For example, you don’t want to paint a historic home a bright color that would not have been used around the time when the house was built. Some properties look best when the house is painted a neutral color and the doors and trim are a bolder hue, while other homes look better with a more subdued accent color. On some houses, combining three colors can create a stunning effect. Select a Color That Fits the AreaDifferent colors tend to be popular in different regions. If you aren’t sure which color to paint your house, browse local real estate listings or just drive around and pay attention to which colors you see the most. Make sure that the color you select for your home’s exterior fits the neighborhood. If the other houses on your street are all painted neutral colors, don’t select a color that will make your house stick out like a sore thumb. If you belong to a homeowners association, you might be limited to a specific list of paint colors. Consult your HOA’s rules to avoid a fine. Find the Right Color to Sell Your House FastYour home’s exterior will make an immediate and lasting impression on potential buyers. A color that’s attractive and that has broad appeal can help you sell your house quickly and possibly get more than your list price. If you need advice on colors, speak with your real estate agent.
A Look at the Latest Luxury Living Trends: Which Ones Are Here to Stay?
The way that we view and value our homes has radically shifted over the last year. For luxury homeowners in particular, new priorities and preferences have quickly emerged, but it’s only fair to wonder which ones are here to stay? With this in mind, let’s take a closer look at a few of the most popular trends to recently emerge in the high-end sector. Extra Square FootageFor years, many buyers were looking to downsize from their previous residence, but that quickly came to an end as an abundance of space instantly became one of the greatest luxuries you could have. In the short term, buyers will likely continue to seek out larger homes than they would have just a year or two ago, but in the long run, it’s safe to assume that people will want to scale down to residences that are more intimately sized, easier to manage and have a lighter impact on the environment. Home Office Is a MustThe home office was thrust into the spotlight overnight and that won’t be going away any time soon. Remote work is here to stay and, as a result, couples will increasingly require that their next house have at least one well-designed office space. In all likelihood, two separate workspaces will become a standard feature in the luxury home in a short time. Urban FlightThe suburbs had their moment, but as we inch back to normalcy, it’s fair to say that urban flight will not be a long-term trend, even if remote work is. It’s no secret that the past twelve months have been a challenge for urban real estate markets, but there’s reason for optimism, nonetheless. In recent years, artists, musicians and so many others who contribute to cultural identity have been priced out of cities. Should prices become more affordable, it can pave the way for an urban renaissance in places that badly need it. New Appreciation for Outdoor SpacesA spacious backyard, a rooftop terrace or even a simple balcony has taken on added importance. Chances are, this won’t be going away anytime soon, as so many people have rediscovered the true value of immersing themselves in nature over the past year. For this reason, we can expect well-appointed outdoor spaces to remain a must-have feature for many homebuyers.
How to Think Like a Luxury Real Estate Agent When Selling Your Home
If you’re planning on selling a luxury property, you’ll need the assistance of an expert agent. But there’s still a lot you can do on your own to help move the process along. Luxury real estate is always a great investment, and you can be sure you’ll see the profit you’re looking for if you learn how to think like a high-end real estate agent. Create a psychological “buyer profile.” If you’re trying to sell your home to a specific type of buyer, you need to know the details of their personality: how they live, what their motivations are, what types of things they value in a property. Luxury homebuyers belong to a higher income bracket than the average consumer, and, as such, will be more discerning in their house hunt. Know what qualities will sell your property. Besides architectural features and awe-inspiring views, you should be very aware of the key features of your property that set it apart from other properties on the market. Luxury homebuyers won’t settle on the first property they tour just because it has an updated kitchen. They’ll be more likely to be sold on very unique features, such as natural privacy, a pool or proximity to private schools. Use social media to market your home. Selling a home is an art and a science. While most homes today are sold via online listings on an MLS, don’t underestimate the power of Instagram to highlight the qualities of your home. Luxury homebuyers spend a lot of time on the internet and there are a variety of high-end real estate hashtags that might put your home on the map. Especially if you’re trying to market to the millennial demographic, don’t discount the power of a good Instagram and other social tools to get the word out to the right buyer. Know that you’re selling a lifestyle. Not only are luxury homebuyers looking for elegance and sophistication, but they’re also looking for a home they can visualize themselves in. You don’t need to update every single appliance, but it is generally a good idea to stage your home in a way that makes it stylish and impeccable to your guests. Set out flowers, introduce a few coffee table books into your living room, and hang some notable wall art.
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