How To Make Your Home More Marketable? | Tips from Real Estate Expert

Tracy Wick, a Senior Real Estate Specialist, joins Attorney and Financial Advisor Chris Berry in this episode of Daily Wisdom.

The market at the moment is a seller’s market. There are more buyers for every listing which means we’re seeing a multi bids situation for homes that are in good moving condition. So sellers are asking, what can I do to make my home more marketable? First of all, why would sellers even address curb appeal? Because according to a study done by Michigan State University, a home with landscaping and effort put into curb appeal can increase perceived home value by 5 to 11%.

Here are some tips to increase the curb appeal of a home and market value.

3 elements of increasing the Curb Appeal
1. Landscaping / Spring Clean-up
2. Front Porch Entry
3. Outdoor Entertaining aspect

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Episode Transcript

 

Market Value

What can I do to make my home more marketable? And what I’m going to just share with you today is my tips for increasing the curb appeal of a home and the market value.

Christopher Berry is a leading state attorney and advisor in the area of retirement and legacy planning. He has been featured in publications, such as Forbes, Kiplinger’s, Crain’s Detroit and more. He’s the host of the weekly radio show and podcast, The Chris Berry Show. He’s a national thought leader as it relates to retirement and legacy planning. And has authored the Amazon best-selling book, The Caregiver’s Legal Guide.

Hi, this is Chris Berry with Castle Wealth Group, and I’m very excited and honored to have Tracy Wick. Who’s a real estate expert based in Novi. And she’s going to tell us what’s going on in this market. So Tracy, tell me what’s going on.

Thank you so much, Chris, for having me today. I’m super excited to talk about the market. The market is a sellers market at the moment. There are more buyers for every listing, which means we’re seeing multi bid situations for homes that are in good move in condition. So sellers ask me, “What can I do to make my home more marketable?” And what I’m going to just share with you today is my tips for increasing the curb appeal of a home and the market value. So take a look at this, these visuals that I have here, you’re going to notice a very tidy contained real landscape bed, flowers. So please visit Flower Day down at Eastern Market, it’s opening this coming weekend. And get some beautiful colorful plants for the front of the home. And also, I’m going to talk a little bit about featuring that outdoor entertaining element because that’s very hot for buyers right now.

 

Tips for Improving Home Appeal

Now why would sellers even address curb appeal? They’re like there are so many buyers, why would I need to bother? Well, there was a study by Michigan State University that said that sellers will realize five to 11% bump in value if they have curb appeal and they develop that at their home. So that’s why it’s very important to take a look at that. Some buyers and I’ve been with them, we will pull up to a home and if they don’t like the way the home is presented from the outside, they will not even get out of their cars. So there are three elements of increasing the curb appeal, one is the outside landscape. The second one is the front porch entry. And the third way is the outdoor entertaining aspect. So quickly here, you’re going to see mulch and that’s because what’s involved in a spring cleanout is basically getting rid of all this debris in your yard and putting a fresh bed of mulch down.

These are the checklist for what to do in a spring cleanup, what you wanted to attend to, and it’s tidying up and making the outside crisp and welcoming. And what better way to welcome a buyer to your home than to have a really amazing front porch. Here, you’re going to see the trends for front porches. Notice the rugs, the double layering of welcome mats, the outstanding hardware and numbers that they have, and even a swinging porch swing. So here’s some of the neat ways that you can jazz up your front porch and add greenery to make it pop and even do your own potted plants, even add faux boxwoods. If you don’t have a green thumb. And I encourage all homeowners that are thinking about selling to follow some of these quick tips to really boost their curb appeal.

Awesome. That was great. Thank you so much, Tracy Wick and stay tuned. We’ll have Tracy back to talk more about real estate and what’s going on in this hot market. Thank you so much, Tracy.

Castle Wealth Group has clients across the nation and helps families plan with tech preserve what is important by creating a retirement and legacy blueprint.

 

 

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