MINNEAPOLIS, MN JUNE 21, 2016
Southview Design recommends that new homebuyers look past lackluster curb appeal when deciding whether or not to buy a home, particularly in today's sellers market where competition for homes is at all-time highs.
The current real estate market is leaving many potential buyers on the curb having to make a quick decision about buying a home. Homes with good bones in desirable neighborhoods priced under $250,000 are in very short supply. According to the Minneapolis Area Association of REALTORS, pending sales were up 10 percent last month, and there's only a 2.3 month's supply of homes, which means that every home for sale would sell in just over two months if no new homes came on the market.
Despite the pressure to make a quick decision, most buyers still have a list of must-haves for their future home. However, a home lacking curb appeal that fails to make a positive first impression shouldn't stop a buyer from making an offer, said Southview Design landscape designer Karen Filloon. "It's not that hard to improve the curb appeal of a home," she said. "You can, in fact, create a new and improved first impression."
Filloon said the lack of curb appeal can be overcome with a front entry update that takes the homes architectural style as well as the homeowners personal style into account. Older homes in particular can have old hardscapes, crumbling concrete and an outdated look. Invest in landscaping, and you'll also get it back in the end, studies show. Professional landscaping can add as much as 15 percent to the value of your home.