Can Add Value with New
Fletcher 30-Year Veteran of the Carpet Business & Consumer Advocate
As more “for sale” signs pop
up across the nation, many homeowners are finding they need to spend a little
money to make their homes more appealing to potential buyers. Adding extra
value to a home may help sell a home more quickly and for more money in
today’s unique real estate market.
A fresh coat of paint, new window
treatments and beautifying the yard are a just a few of the more common and
less expensive do-it-yourself projects that can add value and curb appeal to
any home. But few projects can add a bigger “WOW” factor to a home like new
carpets, says Alan Fletcher founder of Abccarpets.com,
a free carpet information resource for homeowners.
“I receive emails from
consumers who are in the planning stages of buying new carpet, but lately
there has been an increase in questions from homeowners who are planning to
sell their homes” Fletcher says. Common questions are “What color or style
of carpet will help sell my home fastest?” or “I’m selling my home soon,
what grade of carpet should I select?"
To help sell a home with worn
carpet some realtors suggest offering homebuyers a "Carpet Credit” or
suggest lowering the price of the home enough to cover the cost of carpet
replacement. “That’s not a positive approach, says Fletcher. To help sell
a home faster and maybe for a higher price I recommend replacing worn-out
or pet-damaged carpets with a new medium-grade, neutral-color carpet.
amount you spend should be somewhat related to the home's value. "You
don't want to install an apartment-grade carpet in a million-dollar home. You
should be realistic and not spend too little nor too much. You can find a
medium-grade carpet for about $30 per yard including pad and installation.
(about $3.50 per square foot)
There have been several
television programs designed to help home sellers address issues like “Enhancing
Curb Appeal” or “How to Stage a Home.” These popular programs show how
sellers can go to great lengths to make a home look more appealing and
prevent potential buyers from having negative thoughts or concerns. “A
matted down or pet damaged carpet is very unsightly and unsanitary and
certainly does not provide a positive reaction. In fact, a worn out carpet may
even send a signal that the seller may be financially distressed. If this
happens, sellers may only receive “low ball” offers.” Fletcher warns.
“In the 90’s, selling a home
was quick and easy here in Portland Oregon. Even without good curb appeal many
homes sold the same day they were listed. Even if the carpet was worn out and
severely pet damaged it didn’t seem to matter, people were buying up homes
and fixing them up as fast as they could. “Those days are gone for now, says
increase in fuel prices in 2021, I think people will
be investing more money fixing up their homes.” Fletcher suggests that
consumers who are considering buying new carpet should take the time to learn
about carpet before they begin shopping. "By doing a little “carpet
homework” folks can learn how to choose wisely, avoid scams and negotiate a fair
& square deal.” said Fletcher.
over 30 years in the carpet
business and author of “The Complete Carpet Buying Guide“,
Fletcher claims that buying carpet today is more costly, confusing and time
consuming than ever before. “There are so many unscrupulous carpet dealers
and dozens of common carpet scams to watch out for” says Fletcher.
need to buy the most expensive grade of carpet if you plan to sell your home
soon, but you need watch out for retail carpet scams. "As with any
product or service you plan to purchase, if the deal sounds too good to be
true, you would be wise to read all the fine print before you agree to
buy!" warns Fletcher.
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