3 Ways To Maximize Real Estate Value

Dated: 06/23/2015

Views: 388

Many of us are interested in real estate as an investment. It’s a very profitable venture, and for some, it can even be a main source of income. Whatever your purpose in the industry may be, you’ll always want to get the most from your investment, which means you’re concerned with real estate value.

Even if you’re simply looking to purchase a home, you don’t want the value to plummet. After all, who’s to say you’ll live in the same space forever? Some day you may want to sell your home. Wouldn’t it be nice to make more money than you paid, or at least break even?

You’re anxious to get the most out of your property value. But the question at this point is how to best go about it? If you’re not sure where to begin, let us introduce three ways to maximize your real estate value.

#1: Give Your Bathrooms and Kitchen the Star Treatment

After all, they will do the most to add buyer appeal to your home, so treat them right! Believe it or not, when buyers are in the market for a new house, the biggest consideration for them is whether or not the kitchen and bathrooms are in tiptop condition. If you exert a little extra effort in taking care of these areas, your property will appear to be in better condition overall. While some treatments can be expensive (depending on how outdated your appliances are) the expenditure will be worth it when you can include “updated kitchen” in your listing.

Other, more cost-friendly upgrades include a fresh coat of paint and replacing the light fixtures. Adding dual sinks is also an easy project that will help your bathroom stand out.

#2: Neatness Counts

You probably don’t need an expert to tell you how important it is to keep your home clean when it comes time to sell, but it always helps to have a little reminder. It’s easy to forget such a simple concept when you’re deeply immersed in the hectic process of moving, but this doesn’t make it any less important.

What you might not have considered, however, is keeping proper décor. You want all of your decorations to have some thought and flow.

In addition to proper décor, clean and organize your garage. Keep up with yard maintenance and make sure everything is neat and trim. Though it may seem tedious, failing to properly maintain your home can result in thousands of dollars less from your final sale price. Maybe now you’ll be more inclined to tidy up.

#3: Hire a Real Estate Agent

We cannot stress the importance of seeking the help of a real estate expert enough. But more important than finding an agent, you must find the right agent for the job.

A good real estate agent will do everything possible to make sure you make the most money from your home. They will come up with a marketing plan that includes constant advertisement, a strong description, tools such as the MLS, and cooperation with other firms to gain maximum exposure.

Real estate agents are expert negotiators. They are not afraid to play hardball, and will not be intimidated by buyers. One of the best ways to maximize real estate value is to invest in a qualified and experienced agent.

Remember: You Can Do It

Don’t settle for less. You can make the most from your home if you are patient, follow these steps, and play it smart. You’ve put time, money, and energy into your home, so why not get the maximum amount out of it? You certainly deserve it.

Don’t let yourself be intimidated when it comes to selling. The important thing to remember is that buyers are probably more scared than you! Usually, they don’t know what they are doing, and they are playing with a lot of money. A buyer doesn’t want to sink all their funds into a property, only to later find out it was a poor investment of costly problems.

Put your buyers at ease by doing whatever you can to prove your home’s worth. Have everything running and in top condition. Show your prospective buyers how strong of an investment your property is, and you will get the most out of your home sale. 

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Chenea Powell

Whether it is your first home or the home you plan to retire in, I will be there to ease the process every step of the way! I find great pleasure in helping people achieve their goals in real estate a....

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