Deciding to sell your home is a big decision to be made. And if you really want to earn from it and not just break even, there are several factors to the success of it. One is by looking for credible real estate agents to guide you on the technical and legal aspects of listing and transferring your home to its new owner. The other is by working to increase your home’s value. A couple of home improvement projects and smart purchases can definitely raise the value of your house.
Here are few simple and cost effective tips that will help you to increase the value of your home.
Improve your home’s interior
There are several ways you can improve the look and feel of your home. One of the easiest is by applying a fresh coat of paint. You can hire painting contractors or you can do it yourself simply by following our painting tutorial. Have a realtor look around your house and help you decide what kind of changes would sit well with the current market. You house may be too outdated for several people’s taste. So improving the paint job of your home could attract more potential buyers. Aside from painting the walls, make sure that there’s adequate lighting present in the house. You can try installing mood lights to improve the ambiance. You can also replace old light bulbs with LED ones for a more polished look.
Invest in new appliances
Replacing your old appliances with new ones could definitely uplift the feel of your home. Upgraded and modern appliances are attractive to potential buyers. It also updates your home and helps you get rid of high energy consuming old models. Make sure to match your new appliances with how you envision your interior to look. From a new fridge, a stove top, and down to the washer, update all the stuff that’s looking old and worn out. You may have to shell a lot on this aspect, but it’s sure to add value to your property.
Don’t forget your home’s exterior
You property’s exterior is the first thing your clients will see when they approach your home. Update your windows, repaint your doors, and improve the landscaping on your front yard. First impressions are so important. You can work on your windows as well and update the exterior sidings too. If you want your home to stand out in the neighborhood, you should check out our guide on how to improve the exterior of your home.
Do any necessary maintenance and repairs
Buyers are very particular with the existing maintenance of the house. Of course they want to invest in a home that’s well-maintained and has no issues whatsoever. You wouldn’t want to scare them off by leaving a plumbing issue they’ve got to shell a thousand dollars to fix. Got a leaking roof? A plumbing problem? Heater issues? Address all pertinent issues and make sure your house is functioning properly. Otherwise all the efforts you put into updating your interior and exterior will be in vain. You shouldn’t only take care of big issues, you should address all visible small issues as well. Buyers become suspicious when they notice even small issues and even couple small issues can turn them away.
Remodel certain parts of your home
Not the most affordable of upgrades but it’ll certainly increase the value of your home. Work on your kitchen by updating the wall paint, the cabinets, drawers, and all else that looks outdated. The kitchen is high value area that buyers notice first. Make sure your countertops are pleasing and matching with the cabinets. You can also try knocking off a wall separating the other areas of the house to make it more open. Of course this needs professional supervision and a total redesign. But the investment you put on remodeling your kitchen will be easily earned back when you’ve seen the new value of your home.