How to Earn Top Dollar for Your Nashville Home for Sale

How to Earn Top Dollar for Your Nashville Home for Sale

  • Debbie Gregory
  • 05/29/22
 
The energetic city of Nashville, TN, is full of graceful character, unique shops and restaurants, and an impressive music scene. There's no shortage of excitement from the gorgeous Centennial Park to the bustling Broadway, whether you’re looking for outdoor adventures or entertainment.

Nashville, of course, is also home to beautiful properties. If you’re the proud owner of one of these stunning homes on the Nashville real estate market, you may wonder how to sell it for the best price.

You’re in luck if you can catch the Nashville real estate market during rising home sales and purchase rates. Of course, an experienced Nashville real estate agent can help you sell your home fast and for top dollar. However, as the homeowner, you can make a few changes and improvements on your end to increase your property value and maximize your returns.

Evaluate the aesthetics

Your home aesthetics start from your bedroom to the curb and every corner or space in between — here are some ideas to improve your home's aesthetics and increase its resale value.


Repair any visible damage


Fixing a few issues before listing your beautiful home can add value to your sale. Most homeowners are strictly interested in homes in “ready-to-move-in” condition. Repair any misaligned closet doors, cracked windows, or leaky sinks. While making minor repairs may amount to a significant investment and some hard work, it improves the appeal of your home.


Elevate the walls

If your interior and exterior walls aren’t already gorgeously designed, consider a fresh coat of paint to update the space. This is especially true if your wall treatment is dated or faded or if your walls are decked in overly bright paint colors and gaudy wallpapers, as this may turn off potential buyers. Revamp your wall décor by choosing from expert-recommended color options.


Update your flooring

Outdated carpets can be an eyesore. Consider updating your current flooring to more elegant options, such as hardwood flooring, ceramic tile, or stylish laminate. It may be good to refinish existing hardwood to add some shine.


Light up your home

Updating the lighting is an inexpensive way to increase your home’s value. Add in a gorgeous chandelier, wall sconces, or elegant floor lamps to really up the ante of light in your home.  Natural lighting will also make a room more appealing. So, open up the blinds and clean your windows!


Boost curb appeal and landscaping

You want your home to make a good impression when prospective homebuyers pull up to the driveway.  Aside from the fresh coat of exterior paint, invest in a new front door, update your siding, and clean your driveway and front walk.

Also, pay attention to the landscaping because a well-landscaped home will typically price 5.5% to 12.7% higher. Take advantage of this opportunity to upgrade the lawn, polish up the patio, and install classy garden furniture.

Clean and stage your property

Photo courtesy of CannonSafe
 
The first impression is often the only impression a buyer needs. Declutter your space, and ensure you clean the exterior and interior of your home thoroughly.

In most cases, buyers don't pull the trigger until they are emotionally invested in your property. Of course, it is easier for prospective homebuyers to visualize a staged property as their future home. Stage your space by designing a focal point and adding a sense of character to each room.

To declutter your space, rent a storage unit and fill it up with items that a professional stager recommends, probably around 80% of your things, such as art, furniture, and knick-knacks. It’s also a good idea to take all your family photos down from the walls so that the buyer can visualize their personal decor and sentimental items within the space.

Upgrade your home systems and amenities

A modern home with upgraded amenities is an automatic call for a higher price point. Here are a few ways to make your home stand out.


Kitchen and bathrooms

Photo courtesy of Meeks Restoration
 
A well-equipped kitchen and modern bathroom are major deciding factors for potential homeowners. Not only does the architectural style of the kitchen and bathroom reveal the age of your property, but it also may scream “future costs” for the buyer.

Buyers are typically more intrigued by a home with an already-renovated kitchen and upgraded bathrooms. Of course, most buyers would like to avoid the high costs of doing such a renovation themselves. Install state-of-the-art fixtures and finishes in both rooms to attract potential buyers. While kitchen and bathroom renovations tend to be relatively costly, they can increase your home value.


Add smart home technologies

Photo courtesy of TechHive
 
Adding some smart home devices to your space may draw in higher offers. Smart home technology is relatively new and rapidly developing, and homeowners often want convenience and ease of operation in their day-to-day home activities. Smart home technology automates almost every task, from playing music on command to turning lights on.


Update appliances

Make your home feel more modern with an updated oven, refrigerator, air conditioner, home theater, etc. These upgraded, shiny appliances add a sense of sparkle and “newness” to your place that will attract more buyers.

Hire a professional home inspector


Hiring an expert home inspector eliminates doubt about the property’s upkeep over the years. Few buyers are willing to purchase a property before a home inspection and subsequent repairs are complete.

A professional inspector crawls into every imaginable (and unimaginable) space to conduct a thorough assessment. Of course, the inspection may likely reveal an unseen issue, regardless of how diligently you maintain your home.  Your home inspector will be able to provide a knowledgeable opinion on any necessary repairs.

Create a digital home history

Buyers looking for houses for sale in Nashville want well-maintained, updated, move-in-ready homes. Online services, such as HomeZada, allow property sellers to create online digital footprints that detail a home's maintenance records, warranty documents, floor plans, and more.  A digital footprint will enable you to showcase all your home offers so that buyers will want to see the property in person.

Hire a knowledgeable real estate agent

Photo courtesy of Savings.com
 
Nashville is home to thousands of real estate agents and firms. While each has its unique selling point, ideally, you want a Nashville realtor focused on selling your home rather than just making a profit. While these two are correlated, finding a client-centered Nashville real estate agent translates to higher chances of getting high-paying prospective homebuyers.

A skilled agent is an excellent resource for all aspects of the selling process. First, your real estate agent will evaluate the market and determine when it’s the best time to sell. The Nashville real estate market can fluctuate, and ideally, you want to sell your home when the buyer demand is at its peak, and inventory levels are at their lowest.

Second, your agent can help you estimate your property's worth based on many factors such as the current market and your home's condition, age, amenities, and any renovations you completed. Unfortunately, it is a common mistake for sellers to want to set prices too high, hoping to go lower as time goes on. An overpriced home may deter buyers and even raise suspicions about the property, so real estate agents typically suggest taking the opposite approach.

If you price your home slightly below the market value, you will create a sense of urgency for active buyers who understand the market. Also, a relatively low starting price increases the odds of multiple offers. The more offers you receive, the better your negotiating position.
 
Debbie Gregory is an industry-leading Nashville realtor with over 12 years of experience in marketing and real estate. With an expert home seller's guide and a successful track record, you can feel confident with Debbie on your side. Contact the team today to ensure you get top dollar for your luxurious Nashville home. 

*Header photo courtesy of Angi



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