Looking for ways to increase your home’s value?
Putting your home on the market and analyzing your home’s value can be stressful, especially when you want to get bang for your buck. A lot of the time many home owners hold a certain expectation for their listing price. But, it is important to keep a couple things in mind. What have you done in order to retain your home’s value over the years? One important factor is maintenance.
1. Get A Home Inspection
Getting a home inspection prior to receiving an offer is a great way to get a better understanding of your home’s value. Many times, Buyer do not waive the home inspection and things are found that can potentially the transaction falling through. According to the DIY Network, “Not every home improvement is cosmetic. Deteriorating roofs, termite infestation or outdated electrical systems — you can’t fix it if you don’t know it’s broken. Hire an inspector to check out the areas of your home that you don’t normally see. They may discover hidden problems that could negatively impact your home’s value.
2. Don’t Procrastinate-Make those repairs!
We know, repairs mean money, Keeping up with maintenance can be time consuming. But, it is important to keep in mind that the longer you procrastinate at making certain repairs, you are risking matters getting worse and in the long run you could potentially end up paying more for something minor. According to This Old House “Before thinking about a fancy upgrade to the kitchen, address the basics. Insulate the attic, repair plumbing leaks, replace rusty rain gutters, inspect the furnace and the septic system, replace or repair leaky windows, install storm doors, weed the flower beds.” Small changes make a BIG difference when it comes to increasing your home’s value. You don’t have to spend a fortune. Keeping up with your landscaping and curb-appeal also makes an impact on the first impression of your home.
3. Consider staging your home.
Staging your home is important when it comes to Showings, Open House, and of course your home’s photos that will be posted online (which a lot of the time is the Buyers first impression). Try spending time with a professional stager to get some advice as they know what it takes to make your home more appealing. A couple things that will need to be done is de-cluttering, keeping it clean, and organized.
Many Buyers want to feel as if the home is already move- in ready and well taken care of. It is important to think about the qualities you look for in a home and apply those to your current home. Professional stagers also have great advice about moving furniture to make a room appear larger & more spacious (which is a big deal to buyers) ..Also, adding simple little details that make a difference. Refreshing a paint job with neutrals also has been proven to help sell your home faster, for the most money.
Check out our Featured Listings