Resale Value

Efficient Ways to Increase the Resale Value of Your Home

FindItMore | Many homeowners believe that the value of their homes will continue to rise in the future. With the majority of Western people selling their houses and moving every five or seven years on average, it comes as no surprise that every homeowner’s goal is to increase the resale value of their homes. However, the road to selling can be a long one. People can’t just increase the home’s value in one snap.

Fortunately, there are plenty of ways to earn a top dollar price for your home. Especially when you consider the bonus points that determine how much the house is worth, like location and the popularity of its market. However, if these factors are out of your hand, there are still alternative ways to help you increase your home’s value. Read on to learn the tricks!

Sit with a pro

At the planning phase of selling your house in the eventuality, know that reputable project home builders and designers will be your A-Team. Therefore, inviting a realtor or an interior designer to come over would be a great way to discuss their ideas for necessary improvements, paint colors, or furniture placements. Find the best designers around you. Often designers would offer a complimentary consultation while some would require a usual rate of an hourly fee. During the consultation, designers will inspect each part of your house ‒ from the roofs, ceiling, walls, and flooring to minor details. By inspection, they can give you the ideal, estimated cost of the overall improvement to increase the home’s value.

As an alternative to an interior designer, you can find inspirations from design-oriented magazines, TV shows, or websites if you are on a tight budget.

Enhance curb appeal with a landscape

A messy lawn is not a good impression to potential buyers. If you really want to make them interested in walking through your front door, you have to prioritize the curb appeal of your home. Landscaping is the best, easiest, and most affordable way to catch anyone’s attention and increase the home’s resale value at the same time. And if you’re into gardening, it would really sound like a heaven’s blessing since you won’t have to hire a landscape architect. Shade trees are a good investment. Also, purchase local, drought-tolerant plants for less water and maintenance.

Increase light and space

Dark and cramped rooms are no good when it comes to real estate selling. Know that homeowners are attracted to spacious areas and natural light. Consider knocking down some walls to maximize and brighten up space. You can also add extensions for a home office, basement, or deck. Spare rooms can really add some value to your home and even recoup more than eighty percent of its cost at sale time.

Address all repairs (from major to minor)

Needless to say that prospective buyers dodge houses that will demand too many repairs. So, make sure you update all the necessary areas including bathroom and kitchen. Outdated bathroom and kitchen amenities and fixtures could be a huge turn off to buyers. Address all the needed repairs from big to small. Decluttering and replacing old stuff and essential appliances would also draw several dollar signs on your pricing.

Make each detail smarter

Most buyers are interested in modern houses with smart technology devices that can help make their daily lives easier. Make sure you provide some updated thermostats, fire and smoke detectors, security cameras, smart door locks, and automatic emergency lights. While these items do not really add a lot to resale value, they do add appeal to buyers.

Avatar

Admin

The aim of FindItMore is to serve to the reader to expand their information globally and sharing their experiences through it.

Leave a Reply

Your email address will not be published. Required fields are marked *