An Easy Guide To Raising Your Home's Value Before Selling It
It isn't enough to simply your house on the market and let everyone else know that you're selling it. No matter how much you think it's valuable or beautiful, the truth is, it probably needs some changes.
These are the things that simply must be done if you want to get the best possible price and blow potential buyers away. Now, it doesn't mean that you should renovate it completely, just to make a couple of crucial alterations.
Keep in mind that if you manage to successfully make some improvements, you'll be able to increase the value of your house. If you're not sure what you're supposed to do, feel free to check out these suggestions below.
Smart Ways To Increase Your House's Value
Focus On Superficial Defects
Although you may think that smaller issues and defects are not as noticeable or relevant as some larger ones, it still doesn't mean that you should overlook them. On the contrary. If neglected, they can make an impression that you didn't take care of your house properly. So what are the things that you should look out for?
- Messy walls, especially the ones close to light switches and door frames
- Peeling paint
- Squeaky doors, floors, or stairs
- Dripping taps
- Moldy sealant in bathrooms or kitchen
- Limescale pile-up on bathroom and kitchen fittings
- Destroyed lightbulbs
- Poorly fitted laminated flooring
Add More Usable Square Footage
Adding extra usable square footage makes perfect sense, especially when it comes to areas with limited accessible real estate where space and land are restricted. According to this guide, houses are generally priced and valued precisely by the livable square feet they consist of and the more livable it is, the better. For instance, if you add another room, bathroom, or any other valuable space to your household, you will boost its function and value.
Another great idea that is definitely worth considering is adding an individual mother-in-law suit. Namely, a majority of households do not come with this feature, so if you decide to take this step, you will definitely stand out from the competition.
And That's Not Everything…
External Wall Repair And Painting
One of the first things that potential buyers are going to notice is the exterior of your house, hence, it would be smart to make sure both your interior and exterior look breathtaking. Places that appear to be neglected, old, dilapidated are simply going to push them away.
That's why you should opt for a fresh coat of paint to refresh your property, to make it look trendy and attractive. Now, you have to be very careful during this process. Ensure to not use shades that are too bold, like lime green.
Why is this wrong? Well, if you do so, your home is going to stand out but not for the right reasons, and you do not want that to happen. Therefore, if you're not sure what to choose, you should either consult with a designer, or real estate agent.
Besides, nowadays, you can come across so many beneficial virtual painting programs that can provide you with a preview. Furthermore, you should also investigate the exterior of your house to see whether there are any noticeable signs of damage.
Remember that walls that are made out of weatherboard may contain panels that require replacing. Moreover, brick houses may require smaller gaps filled in with fresh plaster, while rendered walls may require fresh concrete to fill in cracks.
Energy-Efficiency
Now, you may not think that energy efficiency is the most entertaining and thrilling way to boost the value of your house, however, it doesn't mean that you aren't supposed to do that. Namely, a lot of real estate experts think that this is an extremely important step.
How come, you're probably wondering? It's because energy-efficient homes have become very popular in the past couple of years. So which energy efficiencies should be prioritized? According to some reports, these are eco-friendly features that buyers love and cherish the most:
- Cooling and heat expenses (33%)
- Doors, windows, and siding installations (29%)
- Energy-efficient lighting (23%)
- Energy-efficient devices (21%)
- Landscaping for energy conservation (10%)
- Solar panels installed on house (3%)
Now, does this mean that your entire house must be energy efficient? Definitely not. If at least some parts of your home are energy efficient, it's going to surely increase your home value.
There are so many ways you can raise your house's value, to think we just named a couple of them. Anyhow, all of these suggestions that were mentioned are going to help you get the best possible price.
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