OfflineOnce you have done the inspections throughout the property you should head to the back yard. In the back yard of a property you are looking for anything that can add value to the property. Can the property be subdivided? Do you have a deck? What about a fence.
Fences and decks can add some of the best value for the back yard. The largest percentages of people that drive the sale of a house are woman. Woman want security and privacy in a house, fences allow this. Decks improve the mood in the back yard and can give a great at home feel.
Another great value for a back yard is a shed. Spending a few hundred dollars to have a shed put in can add a lot to the value of the property.
Some people that look at the back yard will look for pools to improve the value of a home. Unless the pool common for the area and in demand the pool will be a liability for the home more than a value.
Always look at the house itself like you would the front. The back however is not the aesthetic focal point for the house. Keep in mind again that we are not trying to make the white house replica but one that is nice, looks and feels good.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
True on all points.
We also used opposite strategy for a rental recently. The latest house we rented out, we actually REMOVED part of the fence that had been there. We left the side fences (between the houses), actually moved one side all the way over, but the part toward the alley we took out. 2 reasons. To open up the backyard AND to deter anyone having pets. Everything in the house is brand new. We redid the whole downstairs and didn't want an animal tracking in mud on the new carpets. Of course, if we ever go to sell it, adding that fence back in will be a selling point.
Trees and landscaping, too, are pluses.
Rina
"Obstacles can slow you down, but they can only stop you with your permission." Dean Graziosi (BARM pg 101)
"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11
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Make sure your back yard does not have any liabilities!! If your fence is leaning fix it. If the shed is old and leaning to one side....TEAR IT DOWN!!
Make sure the play ground equipment is secured.
In my area two years ago, a family was moving the equipment around and the slide was not secured. A little boy climbed up on it and it fell and seriously hurt this little boy.
Everything in your yard, you have responsibility for. We want our properties to be assets, not liabilities.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
Being somewhat of an ocd freek when it comes to my lawn, I have to say that in my little part of the town, the back is just as important as the front. Decks are great, but in upstate New York preasure treated lumber doesn't cut it anymore, because of our very harsh winters and sometimes wet summers, composite is the only way to go and it is expensive. I am not saying build a deck on every prop that you buy, but make the back as good as the front. Who knows, your renter or buyer might be ocd like me about their lawn. Not to disagree with you nstreet, but shrubs,lawn,fences etc, should all be in top shape....Jan
having trimmed scrubs, fresh cut grass, a "NICE" fence, not some old metal thing, flower beds(front & back possibly), ALL of these ADD major CURB APPEAL to a property, SULLY.
YOUR HERO, SULLY