Can you increase the value of a home by freshening, redesigning or changing the Interior Design before putting it on the market? As an Interior Designer in Big Sky we can only speak about SW Montana and from previous experience in Dallas, Tx but we definitely have seen it pay off time and again.
Let me ask you this. If you go into a home that has tastes that are several decades old versus a home that is up to date and furnished well, which are you going to drive a harder bargain for. One appeals to you and the other you know you will need to spend money to get it to the level you want. I know there are many factors that affect this decision such as location, needs, etc…but all things being equal putting a house on the market that is updated and shows well brings more money and sells it sooner than the other end of the spectrum. Over the last 18 months we have been asked by several realtors in Big Sky to freshen up a house that has been on the market for a while. Every time the Big Sky house sold quickly after putting it back on the market with the sell price being fairly close to the listing price. Coincidence? We don’t believe so! A redesign of at least part of the house gives buyers a vision and reduces some unknowns that affect home value. You certainly have to spend your money wisely but doing one or two rooms can change how buyers view the home.
The biggest rooms to consider are kitchen, den, master and master bathroom. Is it foolproof? No, but our experience is if you have two homes of comparable size and locale and one shows good taste in design and one does not it becomes easier for most buyers to trust what they see versus what they may not be able to picture.
Many times adding one accent or changing a few things that are out of date gives you an advantage over the rest of the competition in the market. At Tatom Design, we aren’t Realtors. They are the experts. We can only go by what we are being asked to do and what we have seen happen after helping a home become more desirable.
If you have a home in Big Sky or are looking at purchasing one and looking for Interior Design help, please feel free to email or call us to discuss your project! We would love to help! Also, please visit our Facebook page and give us a Like if you like what you see. You can also follow us on Twitter under @TatomDesign!