Regardless of the state of the housing market, you want to get the most cash when you go to sell your home. You likely have more control over the value of your property than you realize. Lang Premier Properties presents five ways you can maximize your property value and the tremendous rewards such investments can yield upon sale.
Never underestimate the value of getting a home inspection BEFORE you list your property. Don't sit around waiting for a buyer to request one. Take the opportunity to address any issues that may arise upon inspection before you go to sell, thus increasing the perks you might be able to offer when listing your home. You don't want to wait until AFTER you list to find out you have problems. This could decrease the amount you can get for your property. Ask your professional, experienced real estate agent to recommend a certified home inspector who is also a licensed general contractor.
If it's been said once, it's been said a thousand times: PAINT! Enhance your home's value with a fresh coat of paint. Paint makes a room feel fresh and new, and buyers are willing to pay more for a property that requires little to no work. Make sure to stick with a neutral pallet as to attract the largest buyer audience.
Long-term savings is especially appealing to buyers and they are willing to pay more for energy efficient homes. Regardless of your budget, you can find ways to make your home more energy efficient such as installing energy efficient appliances and replacing old windows with new ones that are better sealed to prevent air leaks. Have your home audited by your local utility company to find out where you can make improvements as they will show you areas that need to be repaired, thus affording you the opportunity to make changes before you list your property.
4. Curb Appeal
Landscaping plays a huge role in increasing your home’s value. This is the most affordable way to increase your final sales price and you can begin by trimming overgrown bushes and trees, re-sod where necessary, and add colorful perennials and greenery in bare areas of your outdoor space. You can always consult a landscaper to design your outdoor area as they are experienced in choosing just the right plants that are low maintenance which will enhance your space.
5. Update Key Areas
Many times, it is the kitchen or bathroom that sells a home. Regardless of your budget, you should focus on both spaces in your home. Minor updates are not to be underestimated as a simple hardware update can yield positive results. If you can’t afford to replace your cabinets, consider painting them. Focus your finances on areas that will likely get the most attention from buyers: lighting, faucets, countertops, and cabinets. Once again, new paint will make the rooms look and feel brand new as well.
Endless piles of cash are not needed in order to increase the value of your home. Spend what you can afford and buyers will flock to a home where the money has been best spent. Buyers will be willing to pay more for your home, and that is key in any real estate market.
If you'd like to learn more, please don't hesitate to message Lang Premier Properties online or call us at 1-855-526-4466.