Selling your home isn’t as easy as putting it online and making a quick buck. It’s a complicated process, and for some, it might just be overwhelming. However, this article highlights how can have fun selling your home while increasing its overall value.
For starters, we’re going to share with you a simple truth - if your home is in good condition, you’re more likely to receive offers. Well-maintained homes tend to justify higher costs. We’ve listed down a few ways in which you can brighten up your home to increase its value. The list goes from most-expensive to least-expensive, so you can quickly strike off options that don’t work for you.
If you live in an area that experiences harsh temperatures, energy conservation could play a significant role in increasing the overall value of your home. You may consider installing LED lights, insulation in the attic, double-paned windows, and other efficient appliances. You can also install solar panels on the roof to enjoy reduced electricity bills and gain a definitive return on your investment when you sell.
Renovate & Maintain
According to a survey conducted by Chubb, over 58% of homeowners renovate their houses each year. Homebuyers, however, tend to move away from homes that require apparent repairs or show the need for regular maintenance. So, the first step under how to increase your home's value is to consider renovation a part of your yearly spend thereby ensuring your home looks appealing to buyers. Replace whatever major component that needs repair, like the water heater, the roof, or the floor. Tackle the one that requires significant improvements so that buyers don’t take one look at your home, and turn away.
Smart it Up
As per a survey conducted by Coldwell Banker, buyers are looking for ‘smart’ technologies that make their homes more secure and efficient. They’re looking for smart gadgets like fire detectors, security cameras, carbon monoxide detectors, automatic and remotely operated locks, thermostats, and lights. Installing these gadgets in your home will give it an edge and will only cost you around $1,000 - a small price compared to the returns it can bring in.
Hire an Inspector
Before you put your house on the market, it’s good to have it looked over by a home inspector. The person would take a good look at your home, inform you about any impending repairs, or mold and will help you ascertain the ‘health’ of your home. The best part about home inspectors is that they can give you a list of problems that solve your ‘how to increase your home value’ dilemma. They will also provide you with a certificate, which shows how well-maintained your home is to all buyers.
Nothing looks better than fresh paint inside and outside your home. If you’re planning to sell, it’s good to give your home one last fresh coat. Houses with bright colors reflect warmth and new beginnings. If you don’t want to go all out, give your front door a makeover - it might just have the same impact. However, if you’re not interested in painting anything, try landscaping. Adding flowers can make your home instantly welcoming - and who doesn’t like buying a house that feels like home?
Clean & Scrub
The least expensive thing on the list is super easy to accomplish. Take a walk around your home to get an outsider’s perspective and figure out the answer to the question - how to increase your home value. When you see your home from a vantage point, you can clearly see things that stand out. Start by looking at all your windows. Bright and clear windows reflect well on any home and invite buyers in. If they’re not clean, it’s a bad sign. Later, take a step inside - clean everything and remove unnecessary items. Ensure your things don’t end up overwhelming buyers!
Considering the number of memories you make in your home, selling it is never easy! However, this article lists ways in which you can give your home it's one last makeover. Doing this will significantly increase the value of your home, justify its cost, and bring in numerous buyers. Don’t wait, start fixing up your home today!