A survey by Investopedia reveals that first-time home buyers rate the price of a property based on its looks. When it comes to buying a home, of course exterior appeal is important but no buyer will buy a home without a close inspection of the interiors and when it comes to interiors, trims and mouldings are a key aspect.
Designers suggest replacing trims and mouldings prior to sales because replacing them is easy and affordable. It also provides a feel of a well-maintained home to the buyers. Since wooden trims have a lower life typically, added maintenance costs and vulnerability to damage by pests and water, many modern architects suggest the use of plastic mouldings. Some drawbacks of plastic mouldings include lack of aesthetics, non-rigid appearance and perceived low quality. At Santa Luzia, we have found a new material – polystyrene, to manufacture trims and mouldings to overcome these drawbacks and give you the best bang for the buck.
Both a significant percentage of buyers and sellers expect that a home that is on the market would have had some recent renovations.
A recent study by the Home Research Improvement Institute of Indianapolis found that 51% of buyers plan to go for property that requires no major renovation works which suggests us the importance of remodeling before sales. Remodeling not only allows you to sell a home faster, but also at a better price.
Not every upgrade will impress the buyers and hence it is always a Sisyphean task to set a budget for a renovation. Be wise enough to assess the return on investment of each renovation before spending a lot of money and time on it.
The National Association of Realtors suggests that kitchen renovations, mid-range bathroom remodels and hardwood flooring refinish were the most preferred makeovers which had a good ROI too. For instance, a kitchen remodeling could potentially boost sales value by 3-7% while a bathroom remodeling may fetch you 2-3% more.
For budget players, refinishing flooring and painting the walls are the quickest and least expensive ways which assure to recover 100% of the costs.
Most of the home appraisers have found that replacing trims before sale has got a positive impact on the price tag of the house. Replacement of trims such as crown mouldings, baseboards, window and door casings and wainscots cost only about $1500 for an average sized home.
If a home is well kept, its value will benefit, says Penny Smith, owner of Penny Smith Appraisals in Newport Beach, California. Clean, sleek trim could improve a home’s value, but there’s really no way to estimate a blanket percentage, she says.
According to Mike Kozenko, an appraiser with Tyke Appraisals in Chicago, it’s impossible to say if changing trim alone has a significant impact on a home’s value. However, upgrading trim will likely help a home sell more quickly, he says.
Santa Luzia mouldings is a company with lot of tradition and has been in business over 70 years. These are polystyrene based and have remarkable wood like properties in appearance, rigidity and even the sound characteristics when one taps on it. At the same time, they are waterproof, termite-proof and maintenance free.
An added advantage of Santa Luzia products lies in the fact that these are available pre-painted and hence save your penny and time on painting. The baseboards are not only DIY friendly but are also sustainable and hence rightly suit the environment goals of the women and millennials.
Santa Luzia mouldings have many features which make them ideal for bathroom and kitchen remodeling, living room remodeling, laminate flooring, vinyl flooring and have a huge variety of colours and widths.
So, if you are remodeling your home and are considering buying trims and mouldings that will enhance the look of your home and improve your odds of closing the sale at a better price, please consider us.
If you would like our architects to provide free remodeling advice on your interiors, click here!
Have you taken this interesting survey on remodeling before home sale?