Transcript for Getting the Most Profit When Selling Your Home
Next tonight our real money team is back. Now is the busiest time for buying and selling houses. The latest number homes sold in March spent an average of 55 days on the market. We have simple secrets how to transform your home and boost the value. ABC's Paula Faris shows us how to put real money in your pocket. Reporter: Mira and Chris home sweet home isn't so sweet. Their Atlanta four bedroom home hit the market four months ago for $170,000 but so far -- No offers? It was a bit of disheartening. We were getting great house. Hoping you find that perfect home. This is buying and selling. Reporter: Real money teamed up with HGTV buying and selling. Twin brothers and real estate experts to figure out why this house isn't selling and turned these digs into a buyers dream. Step number one, cut out the clutter. Every time a buyer walks through the house, ikk, I don't like that where they just write off the house and walk away. Even though it's actually adding value. Reporter: Step number two, point. You cannot under estimate the power of paint. How much does that cost. Reporter: The brothers say for just $30 of paint you could add thousands of dollars to your home. You be the judge. Look at before and after. Now it looks like a brand new space. Wow. Step number three, replace old fixtures like busted lights to make the room feel new and in the kitchen update your faucet. Paint the cabinets and replace the hardware. What kind of investment return? Instantly. The kitchen alone raised the value about 12 grand. Reporter: Light up a room with bright er bulbs and more lighting. And finally step number five, if you're going to invest in one big renovation pick new counter tops and floors. The brothers were able to sell the home for $30,000 than they're initial list price. That's real money. Reporter: We can't stress enough the power of paint and decluttering. It does not cost much but can add thousands of dollars to the value of your home. They sold their home for more than list price and created a bidding war. Four offers in four days. What is worth renovating and what's not? Counter tops and floors, you will recoup the value. You want to avoid installing a pool or converting a bedroom into something for personal use. You don't get return on that. No you won't. Thank you very much. Great to have you here.
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