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10 Ways To Boost The Resale Value Of Your Home
Selling your home is a big decision. Its success will hinge on numerous factors, one of the most crucial being resale value. Whether you’re getting ready to put your house on the market or looking for ways to spruce up your home without breaking the bank, we have 10 ways to boost the resale value of your home.
#1: The War of the Walls
Walls; we see them more often than we realize. We live and work between them. We take great care in decorating them with wallpaper, paint, borders, photographs, and a variety of wall hangings. When’s the last time your walls received a little TLC?
Repainting or wallpapering is a cost effective means of increasing your home’s resale value. If you’re not sure whether the walls could use a touch-up, ask the real estate agent you’ll be working with to walk through the house. They can provide an unbiased opinion about whether your walls look like an unattractive war zone.
#2: Make the Kitchen Sizzle
It doesn’t matter if a prospective homebuyer is a cook or not, the kitchen is traditionally considered the heart of the home. It’s a prime attraction for interested buyers, and if it’s not clean, it could kill the sale.
For a minimal expense, you can freshen up by replacing the kitchen faucet and the cabinet door handles. You can also brighten up the space by upgrading older light fixtures to attractive, energy-efficient ones.
#3: Upgrade the Appliances
Do the kitchen appliances match? Are they the archaic spot of the house you never got around to updating?
Replacing mismatched appliance covers with matching ones and upgrading the appliances from ancient to modern can substantially boost your home’s resale value. Not to mention, these updates will make photos of the house pop, catching the eye of browsing buyers.
#4: Showoff the Storage Space
Potential homeowners are often in the market for more space, especially storage. Even if your house isn’t hefty on closet and additional storage areas, you can incorporate some do-it-yourself suggestions to improve functionality and boost the appeal. For example:
Install a wire or laminate closet system
Increase usable shelving space in pantries and entry closets
Clean up and organize your current storage space to show off its functionality and usability
#5: Check All Moving Parts
The mechanics of your home matter, especially since they’ll be subject to scrutiny during the inspection process. Mind your mechanics by checking all moving parts.
It’s well worth calling the plumber or the electrician to fix those little quirks you’ve come to accept. Fixing a faulty outlet or water leaks can be huge, and the work will show potential buyers the property has been well taken care of and is worth every penny of the asking price.
#6: Inspect What Lies Beneath
Flooring is much like walls. We’re exposed to it every day, but we often ignore the eyesores in our own home.
A professional carpet cleaning is an inexpensive, value boosting pre-sale project. No one wants to take out a mortgage on a home in need of intense floor attention. Get ahead of a possible deal breaker by investing in immaculate floors. They’re about as important as a well-maintained and attractive roof.
#7: Keep It Bright
Homebuyers shopping in the Hampton Roads real estate market are expecting bright homes. The entire area tickles the senses with connections to the ocean. Don’t let your house be the dreary, dark corner of Hampton Roads.
If the dining and living room is drab due to dull recessed lights, replace them with an eye-catching chandelier. Invest in energy-efficient lighting, and ensure the windows are clean to let in as much natural light as possible. While you’re at it, if you have ceiling fans, attend to the blades to ensure they look their best.
#8: Update Your Entry
The front door is likely one of the first things potential homebuyers will see. Boost resale value by ensuring the door reflects the beauty of your home’s interior.
If the current door has a flimsy knob, spring for a good-looking handle-and-lock set. If the front or back door opens to an outstanding view, think about replacing them with a window-sporting door.
Before putting your home on the market, take the time to research the local market and speak with an experienced real estate agent. Find out if houses with a certain number of bedrooms or specific rooms are selling better than others.
In as little as a week, you can update your home with expanded space. For example, the only reason a den is not considered a bedroom is the lack of a closet. Add a closet, and you have an additional bedroom. This type of expansion can be tackled for less than $2,000.
#10: Pay Attention to Curb Appeal
Finally, it’s important to consider curb appeal. Tend to your landscaping. Ensure the yard looks well maintained. Reduce any outdoor clutter. Investing in a good landscaper can be a cost-effective means of infusing your property with a little extra value before it hits the market.
Don’t forget to talk with your real estate agent. Not only are they a door to serious homebuyers, but they are also a knowledge source. No one knows how to represent and spruce up a home for sale better than an agent.
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....