Using Interior Design to Help Sell Your Home
In today’s competitive real estate market, home sellers are making more profit due to the newer concepts in interior design psychology. You want to sell your home for the highest possible price, so it is well worth your time spent planning the changes you are going to make to the interior design.
Come up with a basic design plan, but make sure to keep your target market and budget in mind. Supply and demand will really determine your overall design plan. What number of houses in your area are currently up for sale? Per week, how many of those houses sell? Is the selling season weather cold, warm, or hot? Does the market belong to buyers or sellers? If the market is quick moving and buyers are lining up to put offers for homes in your area, you can do less. Whatever your answers are, however, you still need to do a few things to make sure your home stands out from competitors.
Make sure that you know your target buyers. Make sure to keep in mind your neighborhood and the buyers who are buying homes near yours. Find out whether they are buying their very first home, or whether they are moving up. This factor will make quite a difference in your marketing and design plan, since the psychological needs of these buyers are rather different. First time homebuyers usually focus on controlling their own environment by owning, rather than renting. Such things as safety and security, a sense of connection, comfort, and self-control are typically the psychological needs of these first time buyers. While move-up buyers also enjoy such benefits, they typically worry more about getting into a bigger home with more amenities for their self-esteem, comfort, and prestige.
When you take into consideration what things to include in your budget, make sure you only purchase things that will make a difference in your sales price. The best investment you can make as far as repairs go is fresh paint. If you spend money on new kitchen appliances, upgraded bathroom features, and updated lighting fixtures, then you will also get a good return for your money. Sometimes, employing professionals to help will be worth the added expense. Professional painters are very quick, and are usually much less expensive to hire than day laborers. Tile installers, carpet layers, and electricians will also do a better job than day laborers because they know their trades very well.
Deciding on the right colors to paint your home will make a great difference in your paycheck at closing time. Take a peek at houses near yours and choose your colors accordingly. Make sure you keep in mind that colors look darker on large exterior expanses than they do on the little paint chips at the store. Good luck on your design and on selling your home!