The worst thing any homeowner can do before selling their property is to just list the house on the market. Real estate agents won’t even list homes that haven’t gone through MRH: maintenance, renovations, and home staging. You’ll be in a much better position to sell your home for what it’s worth after going through MRH.
MRH: Maintenance, Renovations, and Home Staging
MRH starts with maintenance. Nothing matters unless your house is up to code. You’re just wasting money renovating and home staging if you haven’t taken care of the 4 most important maintenance aspects:
- HVAC Air Condition and Heating Systems
All four must be in top shape before you can move on to renovations. Don’t skip on maintenance. It’s not worth it. Soon, you’ll understand why.
After maintenance, it’s time for renovations. The big thing about renovations is that they aren’t cheap, and they take time.
- Renovation costs – Ensure that you over budget for renovations. You want some breathing room because the renovations you need are likely much greater than the renovations you want.
- Time costs – Remember, the goal is to sell your home for the highest possible price. Take time doing the necessary renovations to reach that goal.
- The final part of MRH is home staging. Expect to spend at least $2,000. You could spend from $5,000 to $10,000 depending on your home staging goals. Hiring a home staging expert might be worth it.
There you have it, MRH: maintenance, renovations, and home staging. The bottom line is that you want to ensure you sell your home for the highest possible price. Skipping any MRH step can lead to buyers passing purchasing all together. Some buyers take off double the cost of renovations.
Follow MRH and sell your home for what it’s worth!