It is always wise to invest a bit more into your home before selling, since that small investment can mean a substantial increase in the asking price. Deciding on what exactly to spend the designated budget can at times be a bit tricky, that’s why you should consider all your options.
This article is here to prevent you from overlooking some ideas that could potentially bring you quite a profit.
A fresh coat of paint
Simple, yet effective. Both interior and exterior of your home can benefit from a quality paint job. First of all it will add to your home’s curb appeal, and make the rooms seem fresh and clean. You can go for a completely different color scheme or just put a fresh coat on the already existing one. Either way an investment such as this one can really have a positive effect on your ability to increase the asking price.
Upgrading the existing doors and windows
Due to the weather conditions, temperature changes and just age a lot of windows and external doors tend to deteriorate. This diminishes the visual appeal of your home, but it also affects the energy bill. Investing in new, quality windows and doors can really spike up the selling price. It will diminish the energy loss, improve the overall look of your home and leave a great impression on the potential buyers.
Adding a granny flat to your property
With the ever changing economy, having a separate living space in your backyard can do wonders for your asking price. Consider hiring granny flat builders you trust and add value to your selling home. The benefits are numerous. First of all, granny homes are great if you want to have grandparents stay with you without interrupting the family dynamics. It is also a great option for guests who desire to stay for longer periods of time. And finally, the best selling point is the owner’s ability of renting it out and adding an additional income source for the family.
Investing in landscaping
Your home’s curb appeal is of utmost importance for buyers, for some, first impressions are all that matters. So investing in a bit of landscaping is a great way of increasing the value of your entire property without dedicating a big chunk of budget to the renovation work. A new layer of concrete on the driveway, some new plant seedlings and a freshly mowed lawn can really improve on the general visual appeal of a house.
Stunning kitchen upgrades
It goes without saying that all kitchen appliances need to be replaced before your home can go on the market. New, stainless steel stove, dishwasher and fridge are what the new owners are definitely expecting. But in order to really up your remodel game, consider installing some led light fixtures and replacing the countertops. For most families kitchen is the most used part of the house, and that is why it is one of the rooms that is essential for obtaining a better price for your home.
Don’t forget about the bathroom
Water damage, mold, aged fixtures, all of these are bound to drop your asking price substantially. So investing in your bathrooms is a must before selling your home. Start by replacing all the fixtures and if needed even the vanities like the tub and sink. Next comes a detailed rub down and you might also consider replacing the tiles. Finally, add new lighting fixtures and replace the mirrors, so that the bathroom feels warm and cozy.
Don’t forget about the attic and basement
A finished basement can really up your home’s price, so installing fresh flooring, painting the walls and even adding some furnishing is a great option. In addition, you might also consider turning your basement into a flat, so as to offer potential buyers an additional income stream. As for the attic, adding quality insulation and some storage space is a great option, it will increase the home’s energy efficiency and space use by quite a lot, thus bumping up the possible asking price.
So there you have it, 7 possible ways to increase your home’s value before putting it on the market. Go over your budget for remodels and upgrades and decide which of this options is most suitable for your home.
You may also be interested in: 7 Pro Tips to Help Your Home Sell Faster, For More Money
Writer: Lana Hawkins
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