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6 Common Blunders That Can Decrease Your Home's Value

Do not overlook the strength of strong curb appeal —A visually appealing and well-kept exterior can boost your home’s value by up to 7 percent, as stated by certain sources. real estate study From the University of Texas at Arlington. However, researchers suggest multiplying that figure by two during a sluggish real estate market.

A nicely kept outside area doesn’t just make the property more appealing; it also indicates to potential purchasers that the house has been properly maintained, according to the statement. Cindy Morrison , a real estate agent in Tulsa, Oklahoma.

“The attractiveness of a house from the street has always been one of the key initial impressions that can captivate prospective purchasers—this is that instant attraction,” she explains.

On the other hand, if your house doesn’t have good street presence, you might discourage potential purchasers, leading to inadequate bids and extending the period your property remains for sale. In turn, this increases the leverage of buyers during negotiations, as previously mentioned. Cristal Clarke , a real estate agent in Montecito, California. Sadly, your neighbor's poor curb appeal Can also adversely affect the worth of your property as well.

Up next, real estate professionals reveal the most significant errors in curb appeal that might be decreasing your home’s value and complicating its sale.

1. Overgrown Landscaping

Unkempt lawns, overgrown trees , and overgrown gardens convey a sense of neglect to potential buyers, according to Clarke. She suggests bringing your yard up to par by eliminating any dead plants , pruning trees, and rejuvenating garden beds With vibrant flowers or new mulch. Developing a well-groomed, verdant exterior space is essential for appealing to sophisticated potential buyers, according to her.

Additionally, if you have overgrown shrubs that are obscuring your house, it might be best to swap them out for plants that highlight the home rather than camouflaging it, as suggested. Cara Ameer , a real estate agent associated with Coldwell Banker Vanguard Realty.

2. Lack of Landscaping

An empty yard featuring little vegetation might render the property seem sparse and unwelcoming, particularly for luxury homes where landscaping is seen as part of the house’s aesthetic appeal, according to Clarke.

Incorporating trees, shrubs, or floral gardens can lend a softer look to your house and create a warmer welcome for visitors.

You might want to think about including low-maintenance plants To ensure the yard seems approachable for prospective purchasers, advises Bonnie Stein, an associate real estate agent in Westchester County, New York.

3. Flaking Paint or Worn-Out Exterior Appearance

Flaking paint or a dull facade reduces the house’s visual appeal and suggests neglect, according to Clarke. Painting the exterior Undertaking renovations on your residence is a costly undertaking, and if you decide to proceed down this path, it's wise to be aware of what lies ahead. paint colors Can assist you in selling your home for a higher price.

If you're hesitant about making such a substantial commitment, particularly if you doubt whether the hues will connect with potential buyers, Clarke suggests at least giving the front door, shutters, or siding a new coat of paint. Such modest updates can significantly enhance your home’s street-facing charm and create a renewed sense of freshness.

4. Incorrect House Numbering or Obsolete Mailboxes

The house number on your residence is extremely crucial for curb appeal Because these are the digits that prospective purchasers will initially concentrate on when searching for your property during an open house or showing. Should the address numerals be worn out or peeling, it would be wise to replace them with new ones that are consistent with your home’s architectural style Is a simple method to enhance your street-facing attractiveness, according to Ameer.

Similarly, if your mailbox is outdated, rusty, or beginning to tilt, you ought to replace it, according to Ameer. Property owners come up with various reasons for this replacement. stylish mailbox options to select from options that enhance their interior decor, including contemporary styles compatible with planters as well as classic, envelope-style mailboxes.

5. Political Posters

If you're putting your house up for sale when an election is happening, steer clear of displaying banners or candidate signs that show your political leanings. Larry DeVardo A sales agent at Coldwell Banker Realty in Hillsdale, New Jersey mentions this.

"In this atmosphere, any topic with political overtones will stir emotions, and you could inadvertently alienate up to half of your possible customers," he warns.

6. Cracked Driveways

If you're planning to put your house up for sale, it's wise to give your driveway and garage thorough power washing, remove any weeds those appearing in the fissures, and attempt to remove any oil spots on the driveway.

“Ashir says that old driveways and pathways with fissures that appear unclean and have never undergone pressure washing might create a poor perception. Potential buyers could be deterred by the state of the driveway and decide against exploring the property further, despite any interior renovations.”

If the driveway is in bad condition, you might need to consider full replacement or provide a discount to the buyer so they can decide on the appropriate course of action. driveway material they want to install.

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