Reports say 26% of homeowners opt to update their floors before selling their homes in a bid to increase home value. What are some other home renovations that can increase the value of your home in the eyes of potential buyers? If you’re pondering this question, we’re here to help.
In this blog post, we will discuss 10 ways to fetch a higher price on your home before putting it on the market. Keep reading for more information!
How to Sell Your Home
The first step is to find a reputable real estate agent like Brett McCurdy who knows the market well and has a proven track record of successful sales. Once you’ve found an agent you trust, it’s important to be realistic about your home’s value.
It’s easy to get attached to our homes and want to sell them for more than they’re worth, but overpricing your home will only make it harder to sell.
Work with Brett McCurdy to come up with a fair listing price, and be prepared to negotiate. With a little preparation and effort, you can increase your home value before selling your home.
Home renovations are a great way to add value to your home. Not only will they make your home more attractive to potential buyers, but you may also be able to recoup some of the costs through a higher listing price. Here are 10 of the most effective:
1. Maintain Your Home
Make sure the exterior of your home is well-maintained. This includes power washing the siding, painting the trim, and keeping the lawn neatly trimmed. Remember, first impressions matter!
Buyers will be more likely to make an offer if they see that your home is well-cared for. Look at landscaping as an investment. Even adding a few flowers or shrubs can make a big difference. This will add value to your home allowing you to list for a higher price.
2. Create Lots of Lighting
Lighting is important in making a space feel warm and inviting. If your home feels dark and dreary, potential buyers will be turned off. Consider adding additional light fixtures or even changing out light bulbs to brighter ones. This is an easy and inexpensive way to make your home more inviting.
3. Paint Interior and Exterior Walls
One of the best ways to increase the value of your home is to give it a fresh coat of paint. This will make it look clean and new and will appeal to potential buyers. Choose neutral colors that will help make your home feel more spacious.
4. Fix Leaks & Drips
Another easy way to increase the value of your home is to fix any leaks or drips. This will show potential buyers that you have taken care of your home and that it is in good condition.
5. Kick the Kitchen Up a Notch
The kitchen is one of the most important rooms in the house and potential buyers will be paying attention to it. If your kitchen is outdated or in need of some repairs, now is the time to take care of those things.
You may even want to consider doing a complete kitchen renovation if you have the budget for it. This will increase the value of your home.
6. Update the Bathrooms
Bathrooms are another important selling point for potential buyers. If you can afford it, a bathroom renovation may be something to think about. This will add value to your home.
7. Finish the Basement
Complete your unfinished basement to increase the livable space in your home and make it more presentable to people who might want to purchase it! Just make sure to do it right so that the space is livable and up to code.
8. Fix Up the Flooring
If your floors are in bad shape, potential buyers will take notice. This is why it’s important to make sure they are in good condition before putting your home on the market. You may need to replace carpet, refinish hardwood floors, or deep clean tile flooring and grout. This is an investment that will increase your home value when it comes time to sell your home.
9. Update the Landscape
According to many sources, cleaning up and revamping the landscaping prior to placing your home on the market has one of the highest returns on your investment compared to all other updates. There is no need to tackle large expenditures throughout the home, when some of the quickest and most visual impacts can be made to exterior for great a great curb-appeal boost. These include clearing out flower beds, adding mulch, pruning plants/trees, and clearing unsightly debris laying around the yard. Check out http://www.BAMSLandscaping.com for our affliated company who can offer many more suggestions on boosting curb-appeal.
10. Add Smart Storage Space
Potential buyers are always looking for extra storage space. If your home doesn’t have much storage space, now is the time to add some. You can do this by installing shelves in the garage or adding a storage shed in the backyard. This is an easy way to increase the value of your home and make it more appealing to potential buyers.
11. Clean, Clean, Clean
Another important thing to do when selling your home is to make sure it is clean. This means deep-cleaning each room, as well as the exterior of your home. This will make your home more appealing to potential buyers and could even help you get a higher price for your home.
12. Update the Hardware and Fixtures
Another easy way to increase the value of your home is to update the hardware and fixtures. This includes things like door handles, light fixtures, and cabinet hardware. This is an inexpensive way to update your home and make it more appealing to potential buyers.
Simple Fixes Increase Home Value
Whether you’re just starting to think about selling your home or are getting closer to putting it on the market, these 12 ways to increase home value will help set you up for a successful sale. Of course, there are always other things you can do to prepare your home for sale, but following these tips should give you a good head start.
If you’re looking for more specific advice for your situation or would like some help from an experienced real estate agent, please get in touch today!