Are you preparing to sell your home? Ensure you’re getting the most out of it by making improvements ahead of your listing. This guide reviews the best spaces where you should invest your money.
How to Increase Home Value on a Budget
You don’t need to invest a ton of money in home improvements to see a huge difference. Aesthetically pleasing homes fetch much greater sale prices than those dated or unkempt. One of the first things you can consider is whether your own belongings are holding you back. Whoever buys your home may have a different sense of style and could be put off by your choices.If you work with someone who knows how to improve home value before selling, they may suggest moving your things out of your home before listing it. You could also have it staged. Professionals would bring in temporary furnishings and decorations while your home is on the market that reflects current interior design trends.Some other ideas you could consider include the following:
New Paint
Putting up a fresh coat of paint can transform your space, so consider this affordable improvement before you list your home. Houses with fresh interior and exterior paint jobs can bring in thousands more dollars than homes with older paint. One of the reasons behind this is that it gives your home a fresh and new look and removes scuffs, chips and other imperfections from your walls.
DIY Landscaping
If you want to avoid investing thousands of dollars in landscaping, you can still increase your home’s appeal with some affordable outdoor improvements. A fresh layer of mulch, trimmed shrubbery, and some new plants can go a long way.
Energy Efficient Appliances
Adding appliances with better energy ratings reduces your utility bills while you live in the home. When it comes time to sell, potential buyers will appreciate these features. You may get better offers as long as you leave these items behind when you move out.
Home Improvements Worth the Investment
While some home improvements come with hefty price tags, the right ones can give you great returns. If you’re going to spend a lot of time, energy, and money on your home, here are the areas you should focus on:
Kitchen
One great way to make an impression is to present potential buyers with a modern kitchen. New countertops, ovens, stoves and dishwashers can double your returns when it comes time to sell your home. Depending on how handy you are, you could save more money if you know how to do some of the work yourself.
Bathroom
After the kitchen, the bathroom is the second area of the home with the most significant wow factor. Redoing your bathroom adds instant value to your home. Consider updating your countertops, flooring, sink, faucet, or shower.
Exterior Improvements
Energy-efficient doors and windows are very appealing to potential homebuyers, but one area many people overlook is the roof. Some buyers may walk if they need to re-shingle after the sale because this can be expensive. So, inspect your roof and consider replacing it before you list your home.
Why You Should Try to Increase Home Value Before the Sale
Simply put, increasing your home value before sale puts more money in your pocket. One step savvy buyers take when searching for homes is to compare them with others listed in the same neighbourhood. If another house several blocks away has features yours doesn’t, you may lose the sale. The good news is that making your home marketable doesn’t take a fortune.Contact our team to learn how to increase home value before putting up a “For Sale” sign. Our experts can provide advice and help you through the selling process!