If you have ever tried to buy or sell a
home before, you probably already know that negotiations can be tough to get
the best price for yourself. The best way to quickly increase the value of your
home in readiness for a sale is to embark on simple, but value-increasing home
improvement projects.
These can be as extensive or as small as you would like
depending on your budget. Ultimately, the smarter your approach to improvements
before a sale, the better placed you will be to reap the rewards come sale
time.
Here are a few clever ways to increase your home's selling
price that won't take a lot of time or money.
Increase Curb Appeal
The first thing that potential buyers see when they approach
your home is the driveway, the front yard and the front door. Since so many
buyers make their decision based on sight alone, it is important to make a
great first impression. ‘Curb appeal’ is an important part of the process, so
you should be willing to spend some time tackling this. If you have a driveway,
rent a pressure washer to clean it completely. Mow the grass, plant some
flowers and even look to replace – or at least paint - the door if it’s looking
a little dishevelled. Seems minimal, right? But this alone may be enough to
plant a serious seed of approval before they even walk through the door.
Invest in Designer
Flooring
Flooring is something that many people overlook when selling
a home, but it represents a huge part of how potential buyers will perceive a
property. Old, cracked or unattractive flooring can set the tone for the rest
of the home, turning people off before they’ve even gotten past the entrance.
Although elegant designer
flooring might seem like a bit of an outlay at first, you might be
surprised to learn that vinyl is actually very affordable, and these days pack
a serious design punch. The contemporary styles can replicate the look of wood
or stone and will give your home a stylish, modern look.
Replace Existing
Window Treatments
Do people pay attention to windows and coverings? You bet
you they do! Since curtains, blinds, shades and shutters take up a large
portion of the home and are typically at eye level, any old and shabby blinds
or curtains should be replaced. Dusty curtains should be wiped clean. A simple,
sleek design works best for most homes, and white blinds can often be a
contemporary option that blends in cohesively without imposing much onto the
space. Replacing window treatments is a simple, but highly effective way of
revamping the look of your home entirely.
Add a Fresh Coat of
Paint
Perhaps the simplest way to increase the value of your home
is to apply a fresh coat of paint. This simple task instantly eliminates any
dings or scratches on the wall, and it makes the entire property look newer and
more valuable. If you only have time to do one thing before showing your home
to potential buyers, make sure it is repainting the interior of your home!
Update the Kitchen
The kitchen is often called the money-maker when it comes to
real estate. Buyers like to see a kitchen with new appliances and a modern
look. They want to be able to imagine themselves eating, cooking and entertaining
within the space. Therefore it’s a good idea to dedicate some time and budget
to this if you can afford to.
Simple ways to update your kitchen might include replacing
some of the older appliances or resurfacing the cabinets. If you are short on time
or money to do these larger projects, focus on thoroughly cleaning the kitchen
from top to bottom.
Light Fixtures
Ugly lighting not only detracts from some of your other
improvements, but it says something about the legitimacy of the overall
improvement process as this can represent a massive weak link in the chain.
Replacing old light fixtures with newer, stylish models does more than simply
update the look of your home. It also acts as a way to make the property more
energy efficient.
Signalling to potential buyers that the lighting is energy
efficient and environmentally friendly will likely go a long way in keeping
them interested. Select lights that allow you to dim in the main living areas
as this will help set an overall tone and this is something potential buyers
WILL test as they walk through your home. By the way - bright lights are fine
for task lighting such as in the kitchen and wet areas.
No matter where you live, you are competing
with many sellers in the same position as you. So think smart about how you
tackle your home improvements and you will add value to your property, enabling you
to demand a higher resale value. Increasing the value of your home is within
everybody’s reach, and the short term expense of doing so pays off in the long
run.
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