When it comes time to close one chapter and move on to the next, many homeowners focus on decluttering, deep cleaning, enhancing curb appeal, and putting a fresh coat of paint on anything that could use a little boost. These improvements do create a great first impression, but savvy buyers (and the home inspectors who provide their invaluable input) want more. They need to know they are investing in a structurally sound, well-maintained home. Nicely trimmed shrubs and a Pinterest-worthy pantry aren’t enough.
Addressing the less visible – but critical – facets of a property can make or break the deal. Let’s explore five often-overlooked areas that have a major impact on how buyers view your home. And whether or not they’ll make an offer.
Areas You Cannot Afford to Ignore
Before you plant the “For Sale” sign in the yard, consider addressing five crucial aspects that impact your home’s longevity, safety… and value:
1. Shoring Up the Foundation
This is a logical place to start; after all, without a solid foundation, the very stability of the home is in jeopardy. Long-term, you can see extensive, and expensive, damage to the structure, doors and windows, flooring, drywall, and plumbing and utility systems. That’s not to mention problems related to moisture, mold, and pest infestations. Foundation problems only worsen over time.
Taking steps now to repair or stabilize a compromised foundation will save money and ensure your home’s value doesn’t take a devastating hit. A trusted professional can evaluate the situation and develop an effective solution, especially if taken care of at the early stages.
If there is no damage as yet, consider preventative steps like foundation waterproofing. When buyers know that you have been proactive about maintenance, it increases their confidence in the property.
2. Addressing Water Damage
Buyers may love what they see, but if they or their home inspectors spot signs of water damage, they will likely walk away or, at best, put in a substantially lower offer due to concerns over structural issues, mold/mildew, and other problems lurking behind the walls and under the floors. As an owner, make sure to repair any leaks and improve drainage systems (e.gutters, sump pumps, yard drainage).
If there’s an underlying issue, you need to find it. If there doesn’t appear to be one, then you can guard against it. One highly effective way to do this is to waterproof the basement. Doing so can prevent significant leakage and moisture issues.
Remember, too, that homeowners’ insurance does not cover water damage if it is the result of improper maintenance or neglect. This will certainly be on buyers’ minds.
3. Inspecting the Sump Pump
This is an area that is not as interesting to talk to potential buyers about as, say, the beautiful marble countertops or the desirable school system. But it is no less important. A sump pump is responsible for pumping excessive water from your home so it doesn’t enter your basement, potentially causing water damage.
Is your sump pump in good condition? Does it have working backup batteries installed? Is the water draining quickly and efficiently? If you’re not sure, ask a professional to evaluate. Even if you have to replace it, it is an investment that will pay you back when it comes to selling.
4. Fixing Uneven or Damaged Driveways, Walkways, and Sidewalks
Uneven or damaged walking surfaces pose a significant risk in terms of injuries and accessibility. They can also become an insurance and liability nightmare. Many homeowners, for example, are unaware that (in most locales), they are responsible for maintaining the sidewalks adjacent to their property. If there is an issue or if someone gets hurt, it falls on them. Prevent this, and preserve your home’s value, by fixing cracks, gaps, settling, and other problems, and by ensuring your surfaces are properly waterproofed and sealed. Added bonus – it boosts your home’s curb appeal, too!
5. Look into the Crawl Spaces
Prospective buyers may not go shimmying into these areas, but their home inspector sure will. That’s because crawl spaces act as a barrier between your home and the ground. As such, they are vulnerable to moisture-related issues. Repairing any damage is key, but also consider installing a vapor barrier. This is a heavy-duty liner that blocks ground moisture from evaporating into the air, preventing mold/mildew development, pest infestation, wood rot, and structural damage.
Beyond the Surface
Today’s buyers are more informed, educated, and wary than ever before. They do see the gleaming windows and the colorful landscaping, but they look beyond that to evaluate what lies beneath. Purchasing someone else’s problems (whether or not they have fully emerged yet) is not on their agenda. A clean, dry, and properly-maintained home gives them the confidence they need to make an attractive offer. They know the property has been cared for, and this is one factor that helps your home stand out.
Let’s make sure your home stands out for the right reasons. As you prep for sale, contact Jaco for customized solutions.