How to increase your home value when getting ready to sell

How to increase your home value when getting ready to sell

A home is an investment so it’s only natural to want to get as much of a return on that investment as you possibly can. If you’ve been thinking about putting your home on the market, you’ll be happy to know that there are many things you can do to increase its value. Curious to know what they are and how you can use them to your advantage during the selling process? We thought so. Keep on reading.

Make Easy Aesthetic Improvements

This shouldn’t come as a surprise, but one of the quickest and easiest ways to entice buyers is through optics. As a seller, the goal is for your home to look as up-to-date and visually appealing as possible. The good news is that this can be accomplished without having to go full-on extreme makeover on your home. The key is to make small yet impactful upgrades that

Making a few aesthetic improvements to the interior here and there can make a big difference in how people view your home. Those improvements can include:

  • Repainting: Giving your walls a fresh coat of paint is a quick and easy way to upgrade the interior of your home as well as erase any cosmetic signs of wear and tear to your walls. It’s best to stick with neutral hues as they will appeal to a wider variety of potential buyers than bolder more lively colors. Pro tip: Lighter colors can make small spaces seem larger. Darker colors have the opposite effect.
  • Replacing bathroom vanities and fixtures: While a full bathroom remodel can definitely increase your homes resale value, it’s a costly and expensive undertaking. A quicker and more economical way to give your bathroom a facelift is to replace any existing vanity and hardware with more modern fixtures. It can be as simple as replacing a small mirror above the sink with a larger one (as mirrors make small spaces seem bigger) or replacing a standard shower head with one that is detachable and adjustable. Pro tip: Waterfall shower heads can turn even the most basic bathroom into a spa like experience.
  • Depersonalizing: You want to make is easy for potential buyers to envision themselves living in your home. Reducing the amount of personal items like family photos or decor that’s specific to your personal tastes makes it easier for buyers to imagine the space as their own. Pro tip: Remove any oversized or bulky decorative pieces to avoid making any spaces look too small.
  • Decluttering: This goes hand-in-hand with depersonalizing, but make sure you get rid of any clutter while you’re at it. While you’re in the process of selling, your home should look more like a staged showroom than something that’s lived in on/./k a daily basis.

Boost Curb Appeal

When you’re selling, the inside of your home isn’t the only place you should consider sprucing up. Curb appeal is ususally the first impression a home makes on a buyer, and research shows that having good curb appeal makes a big difference when it comes to attracting buyers. According to a study by Michigan State University, it can increase your perceived home value by anywhere from 5% to 11% and it may even help your home sell faster.

As for how to boost curb appeal, it’s fairly simple. There are a few small projects that, if done well, will have a sizeable impact. Some examples of these include:

  • Elevating your landscaping: Landscaping can have a huge impact on the curb appeal of your home. Usually, it’s simply a matter of pruning your trees and bushes so that they look their best and don’t obstruct view of the home in any way. Other times, this can mean replacing dead or discolored patches of grass with sod. Not to worry, the cost of a mini front yard overhaul can be folded into the listing price for your home. Pro tip: Including upgrades like fruit trees, a footpath or a birdbath can really boost the wow factor of your front yard.
  • Making your front entry more inviting: Your front entry is the face of your home. You can make sure it’s having the right impact by repainting the front door, replacing any hard-to-see house numbers, reinforcing any wobbly railings or even investing in a swing if you have a porch. Pro tip: Adding a smart doorbell or lock to the front of your home is a great and low cost way to make an older home feel more modern.
  • Letting there be light: As a seller, the last thing you want to have happen is a buyer trip on the way to your front door of your home. Adequate outdoor lighting will ensure the safety of prospective buyers and allow them to more easily check out the front of the home during evening showings. Pro tip: Motion sensor and walkway lighting not only add style to the front of your property, but they also ensure safety.
  • Keeping it maintained: It may seem like a no brainer, but you’d be surprised how often yard maintenance is overlooked by sellers. While you’re waiting for the offers to roll in, it’s imperative to stay on top of routine tasks like mowing the lawn or raking leaves. A clean and well-kept yard makes a great first impression and shows buyers that you have put a lot of care and time into the property has a whole. Pro tip: Always keep your front yard clear of equipment and be sure to remove any broken or unused fixtures like weathered lawn furniture or rusted children’s swing sets.

Stay On Top Of Maintenance

Speaking of maintenance, now is the time to do all those little fixes and repairs that have been idling on your to-do list for a while. These could be tasks like fixing a squeaky door, repairing a toilet that runs constantly, re-caulking a shower, replacing finicky doorknobs and locks or swapping out

You never know what a buyer will notice about your home. Little details that may seem inconsequential to you, could be deal breakers for them. With that in mind, it’s also best to ensure that the central systems in your home are functioning properly before you put it on the market. It’s a good idea to have professionals give you an overview of the state of the wiring, plumbing and ventilation in your home. This will allow you to proactively address these issues with prospective buyers or resolve them, which will enable you to be firm on the listing price of your home.

Keep it Clean

Last, but certainly not least, it’s vital that you keep your home clean. The cleanliness of your home really makes a difference to potential buyers. Your home should always look and smell clean anytime buyer is coming to view the property. Hiring a professional cleaning service do an initial deep clean is always a great option. If you have carpeted floors, it’s best to have them shampooed as well before you open your home for viewing. Then, your only job is to maintain the space between showings. One last thing, don’t forget to wash any dishes that are in the sink, sweep the floors, and make your beds prior to any showings. This will ensure that potentials buyers experience the home at it’s best.