According to Tampa Real Estate Insider, Florida housing markets are hot — especially in the Tampa-St. Petersburg-Clearwater area. This is due to a number of factors including low unemployment, higher education, low interest rates, and the availability of homes at various price points. In an interview with the Tampa Bay Times, real estate professional Martha Thorn indicated 2016 would be better than 2015, particularly in Bellaire Shore and Clearwater Beach. Bonnie Strickland of the Strickland Property Group told the paper more people are buying than selling, making it a great market for sellers. Because the demand for Florida homes, particularly those priced in the average range, is holding its own, this is a great time to consider a little update if you are looking to sell.
Floors and Walls
Any successful real estate professional will tell you the first things to consider when preparing your home for resale are floors and walls. Because floors and walls are the foundation of your home, they need to look sharp if you want to sell your home fast. Replacing a floor isn’t always the first thing one thinks about when considering a home decor update, but it should be. Does your kitchen still have that 1980s linoleum? How old are your bathroom floors?
Installing new flooring in the entryway and front room is typically less expensive than major remodeling projects, and provides a better return for your investment than putting in a new outdoor kitchen. Flooring options include natural hardwood, tiling and eco-friendly materials like bamboo or reclaimed wood. If your budget is on the smaller size, consider wood-look laminates or planks. Thanks to 21st-century technology, faux wood and tile are less expensive options that look like the real thing.
Re-painting your walls is another easy way to freshen up your home. Try a modern neutral color for an attractive look that’s also flexible when it comes to furniture and decor. You don’t have to buy the most expensive paint. Look for contemporary paint colors that aren’t too bold, and be wary of paints that claim to be primer, color and topcoat all in one.
If your home is valued at the high end of the Florida housing market, consider high-end paint and flooring. Spend a little extra on paint; you’ll get the finish that will help sell your home fast. Higher-end flooring styles include exotic hardwoods, marble, slate, stone, luxury vinyl and designer carpet. Consider expanding your search to include materials you hadn’t previously considered like cork or reclaimed wood. Coordinate your floor and wall colors; they should be aesthetically pleasing yet provide decor options that will appeal to most prospective buyers.
Kitchens and Bathrooms
The main rooms to consider remodeling – unless you have a desperate situation elsewhere – are your kitchen and bathrooms. If these rooms don’t appear well maintained, the entire house will seem neglected. Buyers will wonder what you might be hiding. Again, change the walls and floors if you need an updated look. Your cabinetry and countertops should also be relatively modern. Appliances don’t have to be brand new, but must be in good working condition. Bathrooms should have properly operating plumbing systems and above all else look clean. It doesn’t cost much to add lights or change a mirror — after you’ve fixed the floors and walls, that is!
The era of short sales is just about over and interest rates remain low. Start sprucing up your home to take advantage of today’s hot Florida housing market — or just because you can. If you’re in need of new flooring, contact Floor Coverings International Seminole today. We offer free consultations to the greater Clearwater, Seminole & Largo area.
Photo Credit: Billion Photos
How four Tampa Bay real estate pros see the market in 2016. (n.d.). Retrieved October 22, 2016, from http://www.tampabay.com/news/business/realestate/how-do-four-tampa-bay-real-estate-pros-see-the-market-in-2016/2262421