Would you power wash a single Beckley area house for $12,000? Absolutely, who wouldn't, right! Let me breakout my power washer and tell me where to go, I can be ready in 5 minutes! Hold on just a minute and let me explain. Yes, the real estate market is HOT and homes are selling FASTER than generators at Lowe's during an ice storm. But that does not mean you shouldn't do the basic minimums in preparing your Beckley WV home to go on the market.
Things like trimming the shrubs, power washing the house, side walks, and driveway still should be done to maximize your Beckley Home for Sale value and ultimately the selling price. The goal is after all to get the most money for your home, right? So, how do I make $12,000 power washing a house?
Well a recent study of homes, by the University of Alabama and the University of Texas at Arlington, proved that homes with high curb appeal tend to sell for an average of 7% more than similar houses with an uninviting exterior. Furthermore, that premium can rise to as high as 14% in slower real estate markets with large housing inventory, according to a study, published in the Journal of Real Estate Finance and Economics.
The average selling price of Beckley WV area homes sold last month was $172,286 that equals $12,060 at 7% in home value you can realize by sprucing up the outside of your home. If you think about it, curb appeal plays a big part in the selling of your Beckley area home. It is first apparent in the pictures people see online, the better your home looks, the more people it will attract to look at your listing. It also sets the tone when people come look at your home. If your home looks fresh, clean, the bushes are trimmed and the yard is well kept buyers will be eager to see more and the showing starts off positive. But if the outside is neglected, then the showing starts off negative and may get worse from there. Potential buyers will start to wonder, if the outside is neglected, what else has been neglected that they cannot see. This all adds up to a lower selling price and longer time to sell if your curb appeal is not as good as it could be.
So I ask the question, would you power wash your own house and trim the bushes for $12,000 or more? I think most Beckley area home owners would say yes. We are definitely not talking about a lot of cost for such a great return on investment. Do you want a professional opinion on your curb appeal and what you should do to maximize your Beckley home's value? Give us a call today at 681-254-5200. Want to know what your Beckley home would sell for today? Get a FREE Instant Beckley WV Home valuation now by clicking here.