Getting the Most Value Out of Your Home
So, you’re finally ready to put your home on the market — but you want more than just a return on your initial investment. Well, there are ways to boost your home’s resale value without having to break the bank.
GRAB SOME PAINT BRUSHES
Your pink and green walls may seem like a tasteful choice to you, but that can be a turnoff to some people. So, paint your walls a neutral color. It makes a home look fresh and clean, which increases appeal and bumps up the amount you can get out of your home.
SPICE THINGS UP WITH SOME PLANTS
Landscaping can definitely improve the curb appeal of your home. Planting trees for shade or privacy can draw in more potential buyers, which can drive up the price for your home. This is a relatively cheap way to bring out the best features of your lawn.
UPGRADE THE KITCHEN
Updating your kitchen almost always translates into added value. Appliances are becoming obsolete with greater frequency these days, so a new oven, dishwasher, or microwave might no be a bad choice. Sleek, modern counter tops are another big ticket feature that people are willing to pay more to have in their new home.
Energy efficiency is something more and more homebuyers are looking at when they pursue a house. After all, they are going to have to pay water, gas, and electric bills once they move in. Double-paned windows, enhanced attic insulation, LED lighting, and energy-saving appliances are all things that can drop utilities bills and raise your home’s value.
LET YOUR LIGHT SHINE
People love a well-lit space. New windows, light installations, and dimmer switches can bring more light into a home, and will raise the amount people are willing to spend on particular place.
INCREASE THE SQUARE FOOTAGE
Nothing increases a home’s value quite as much as the size. Price per square foot is often a guideline homebuyers use to evaluate the merits of a location. If you’re not willing to add on, then trying to make a space visually larger works too. The homebuyer will notice if you finish a basement, build a deck, or open up a room.
GET YOUR HOME INSPECTED AHEAD OF TIME
When someone puts a bid on your house, they’re going to hire an inspector to comb through every inch of the home. It’s a good idea to have your own inspector give the house a look before anyone tries to put a bid on the property. They can find things that could negatively impact the homes value. It’s better to have some of the hidden problems fixed beforehand, so you can squeeze the home for every dollar it’s worth.