Northern California, the Bay Area, and Silicon Valley are gorgeous, beloved places to live for those who value the outdoors and a vibrant lifestyle. Menlo Park is a beautiful community in this region that offers pleasant weather, excellent schools, and stunning scenery. Home to many venture capital firms, private equity corporations, and other financial services and employers, the local economy is strong and offers plenty of high-earning jobs.
When residents put their Menlo Park homes up for sale, they naturally want to sell them for a top-dollar price. Here are several tips that can help you do just that.
Have your home inspected
Any savvy buyer will have their prospective new home inspected before purchasing, of course, but you should still conduct a pre-inspection. This extra effort will show potential buyers that you pay close attention to detail and that you are selling with honesty and integrity at heart. Buyers will certainly appreciate an inspection that gives them advance notice of any potential problems they may encounter with the property. This may help them feel more comfortable moving forward with the sale.
Set up your rooms properly
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After years of living in a residence, many homeowners begin using the rooms for a purpose other than that for which they were designed. For instance, as your family evolved, maybe you needed to use that office space as an extra bedroom, or vice-versa. A children’s playroom may have been utilized as a storage area instead. You may even have a loft space or finished basement that you are not using
Before putting your home on the market, it’s a good idea to set up each room for its intended purpose. Place cozy beds in the bedrooms, a desk and efficient lighting in the office, and a well-designed table and chairs in the dining room. With the rooms staged and set up as intended, buyers can more easily envision themselves in your home and living their daily lives. This often translates to more offers, as buyers will feel comfortable imagining your home as their very own.
List your home under value
This strategy may seem counterintuitive, but it can work, depending on the current state of the Menlo Park real estate market. Statistics show that homes listed 10 to 15% below market value attract 75% to 90% of the buyer's pool. Frequently, in a seller’s market, the increased interest may lead to a bidding war between prospective buyers, a solid strategy that can drive up the sale price of a home.
Consider the curb appeal
A vital component of your home’s first impression is its curb appeal. Amping up your curb appeal involves painting or replacing the front door, sprucing up the entryway, and repairing, cleaning, and resealing the driveway and sidewalks. It’s also a good idea to update the landscaping with fantastic new flowers and shrubbery or trim the existing hedges if they look shabby.
Speaking of your home’s first impression, don’t forget about the mailbox! After all, the mailbox is usually the first thing buyers will see as they look for the street number to locate the house. Therefore, keeping the mailbox or address signage in pristine condition creates an excellent first impression and tells buyers that you care about the finer details. Make sure that your mailbox looks brand new and isn’t rusted. If the mailbox is mounted on a post, replace the post if it’s worn or broken, and make sure that the box is secure, straight, and easy to read. It might be a good idea to touch up or repaint the mailbox in a color that matches well with the exterior of your home.
Speaking of your home’s first impression, don’t forget about the mailbox! After all, the mailbox is usually the first thing buyers will see as they look for the street number to locate the house. Therefore, keeping the mailbox or address signage in pristine condition creates an excellent first impression and tells buyers that you care about the finer details. Make sure that your mailbox looks brand new and isn’t rusted. If the mailbox is mounted on a post, replace the post if it’s worn or broken, and make sure that the box is secure, straight, and easy to read. It might be a good idea to touch up or repaint the mailbox in a color that matches well with the exterior of your home.
Update your kitchen and bathrooms
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The kitchen and bathroom are two of the most hit-or-miss rooms when selling a home. The flooring, tiles, countertops, cabinets, and appliances that line these areas frequently go in and out of style, taking on an outdated look that quickly reduces the appeal of the entire house and makes buyers worry about having to do their own renovations. Tile and grout also pick up unsightly traces of mold, mildew, and soap scum that can be hard to clean.
Spending the time and money to update your bathrooms and kitchen can go a long way towards impressing buyers and boosting your final selling price. Check out some classically designed, thoughtful trends for colors and textures of the shower walls, tile floors, countertops, and sinks. Make sure your appliances are modern, sparkling clean, and fully functional.
It’s a given that when buyers tour your home for the first time, they will carefully scrutinize the kitchen and bathrooms. If you put in the effort to upgrade these areas, you’ll be sure not to disappoint them.
Give buyers information about the neighborhood
When people buy your piece of Menlo Park real estate, it’s not just the building they will call home — it’s the entire neighborhood. A trusted realtor will take the time to let prospective buyers know where the most fashionable stores, the most outstanding restaurants, the gorgeous parks, and the family-friendly venues are located so that they feel comfortable imagining themselves living in their new community. Your realtor can make excellent recommendations for recreation and entertainment opportunities that match the buyers’ interests and lifestyles. This small gesture can significantly impact a buyer’s decision to bid big on your home.
Pay attention to the extras
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Sometimes, it’s the little things that count. Extra technology upgrades, like security cameras, updated lighting systems, smart home appliances, automatic garage door openers, and carefully installed sprinkler systems, add to the value and appeal of any residence. Buyers will appreciate these various features that will make living in their new home more convenient, enjoyable, and relaxing.
If you’re lucky enough to live in the beautiful, lively community of Menlo Park, you already know that you have a fantastic property on your hands. After just a few updates and renovations, you’ll be sure to attract plenty of interested buyers and get the highest offers possible. With these tips in mind, contact Menlo Park real estate expert Elyse Barca today. With more than $1 billion in sales under her belt, Elyse will bring the expertise, experience, and connections to get that “Sold!” sign on the front lawn in no time.
*Header photo courtesy of Shutterstock