Home Upgrades Can Help Homes Sell Nearly 40% Faster than Those Without Improvements | SRES®

Home Upgrades Can Help Homes Sell Nearly 40% Faster than Those Without Improvements

Elyse
Home Upgrades Can Help Homes Sell Nearly 40% Faster than Those Without Improvements

Once your clients have decided to sell and move, it’s best for them and you that the home sells quickly.

Your clients may be interested in an analysis by Knock (https://www.knock.com/blog/home-improvements-buyers-love/) about what makes homes sell faster.

For example, homes in which homeowners have done upgrades sell 30% faster than those that don’t.

Plus, a full-on renovation isn’t needed to make properties move. Painting, new carpet, a bathroom vanity upgrade, and a power wash all contribute to reducing days on market.

Knock found that homes with modern renovation sold in an average of eight days compared to 12 days for those without improvements.

Homeowners who made two or more improvements helped their homes sell in an average of six days, nearly 40% faster than those who did just one.

The five projects that make for a faster sale are in the kitchen and bathroom. For example, a $1,319 kitchen cabinet repaint can help a property sell ten days faster, and a $1,043 bathroom shower remodel and $2,356 kitchen counter upgrade speed the sale by nine days.