Selling a House: A How-To Guide for Post-Bubble Times

Carol Kopp  Jun 17, 2009 11:00 am

Selling a House: A How-To Guide for Post-Bubble Times
 
Three steps to sold.
 

 

Step 2:  Get the Grunt Work Done

We made about $2,700 from our house clearance, so that was our budget for fixing up the house. That meant the work had to be done by me and my sister, plus volunteers, including her daughter and her daughter’s fiancé, who (jackpot!) had construction experience and one of those crazy ladders that goes around corners to paint stair wells.

“Estate condition” was an accurate euphemism for our suburban townhouse. Built in the 1970s, it was well maintained but not updated. The house did not have cathedral ceilings or big windows that later tastes demanded. But it had more space and higher-quality details than many expensive houses built during the boom. And it had more property, backing right up to a state park -- the kind of land developers can’t find any more.



All we had to do was brighten it up a bit. We scrubbed every inch of the carpets and floors, and polished up the kitchen cabinets. We took down all the curtains to maximize the light. Major upgrades were not an option, but we replaced the bathroom hardware with snazzier items.

Painting was the grueling part -- and I don't mean the trips to Home Depot (HD) and Lowe's (LOW). Neutral colors are the safe option, but white walls creep me out, and I argued that others must hate them, too. I caved on the hallways, painting them a sand color. I chose light, modern colors for all the rooms. My only big mistake was the master bedroom color, which was supposed to be “Bird's Egg Blue,” but turned out a shocking shade that my niece dubbed “Smurf Blue.”

Outside, we hacked down evergreens that blocked the light, trimmed out-of-control bushes, and heaped mulch around plant beds. A couple of bags of grass patch revived muddy ground along the front path. Petunias and fast-growing impatiens made the front of the house look pretty within a couple of weeks.

Finally, I got my own furniture out of storage and spread it around the house for a comfortable and uncluttered look. My furniture isn’t “Pottery Barn cute,” which real estate agents adore. It’s more “ Brooklyn flea market,” but at least it was cheerful.

26 of 28 (93%) found this helpful
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Comments (8) See All Comments »
06-17-2009, 4:23 pm
Absolutely, In fact, you might as well sort through all the clothing at once and haul it off to a charity thrift shop. The chance of finding buyers on your sale day for any particular size and style is dim, while a thrift shop can get the stuff into
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06-17-2009, 7:40 pm
This piece is such a refreshing change from "We invested $10K for (dubious) upgrades and now it's worth X amount. We're waiting (and waiting and waiting) for the market to come back so we can sell."

I'm gla
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06-17-2009, 10:46 pm
This was a well-organized project. I'd speculate that many families cannot work together, in such circumstances, with result that pleasant outcomes become impossible to achieve. I understand what was involved, physically, with what you went
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06-18-2009, 6:31 pm
We just received a contract on our mother's Pennsylvania condo after nearly 9 months on the markets. The Pa 4.5% estate tax would have been more onerous, had our mother not been living in assisted living and NH for several years before her dea
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06-18-2009, 6:50 pm
Just fyi: The link to Bank Rate Monitor in the story (http://www.bankrate.com/brm/itax/state/state_tax_home.asp), gets you to a page from which you select a state. For each state, income tax info is displayed but there are tabs for the state's
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