Using Interior Design to Help Sell Your Home
The new concepts that have come about in interior design psychology have allowed home sellers to make more profit in today’s competitive real estate market. 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.
While keeping your target market and budget in mind, develop a general design plan. The overall design plan mostly will depend on supply and demand. In your area, how many houses are currently up for sale? How many of those houses up for sale sell each week? Is the selling season weather cold, warm, or hot? Does the market belong to buyers or sellers? If there are buyers lining to make offers on homes in your neighborhood, the market is moving fast and you can be prepared to do less. It doesn’t matter what your answers are to the previous questions, you still need to make sure and do a few things so that your home stands out amongst the competition.
You must know who your target buyers are. Consider the buyers who are purchasing homes near yours. Are these buyers purchasing their first home, or are they moving up? Due to the fact that the psychological needs of these two types of buyers vary considerably, this will play an important part in your marketing and design plan. People buying their first home are seeking to control their own environment by buying, 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. Finding a larger home with more amenities for their comfort, self-esteem, and feelings of prestige are usually the psychological needs of buyers who are upgrading.
When considering your budget, only spend money on items that will make a noticeable difference in your sales price. Of all the repairs that you will be making, fresh paint will be your best investment. Spending money on new kitchen appliances, updated lighting fixtures, and upgraded bathroom features will also give you a great return on your investment. Sometimes, employing professionals to help will be worth the added expense. Professional painters work very quickly and usually cost less than day laborers. Hiring tile installers, carpet layers, and electricians will be a better choice than day laborers, also, because they are so good at what they do.
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. Keep in mind that colors look much darker on huge exterior expanses than they do on the little paint chips you pick up from the store. Good luck on your design and on selling your home!