04 Aug How to increase the value of your home before selling
You may have recently bought an old home and thought to yourself, “I could live here for a while”, or it could be that you’ve owned your home for the last 10-15 years and it’s looking a little bit tired.
Whatever the case may be, you’re probably wondering how you can increase the value of your home prior to its sale. It’s been said that for every dollar you spend on your home you should get $2 back, so if you spend $1000, you should aim to get $2000 back, for $20,0000, it should be $40,000, and so on.
When you’re on a budget though, it can be tough to know how you can increase the value of your home without spending a considerable amount of money, but here are some tips to help you do exactly that.
Tidy the backyard
It could be that you’re so busy working, or with kids that you just don’t have time to look after the backyard in your property, however, if you do, the resale value may be much more than if you just left it as it is. This is because it will look as if the home has been not just lived in, but also loved, and cared for. It will also help prospective buyers picture themselves in the home and think about the changes that they would make if they were to purchase it.
Renovating your home or yard is important and can really help increase the emotional attachment that buyers have when they look at your property. The renovations and garden maintenance doesn’t even need to be expensive. You can just plant a few trees or flowers and you’ll see the place has immediately brightened up and looks much more homely rather than just a blank space of land.
Paint sections of your home
Although you may want to paint the full exterior and interior of your home, that’s not always financially viable, so as an alternative, you could paint the doors and window trim and you’ll immediately see the house looks brand spanking new. This will create the perception that the home has been cared for and treated with love. Even simply cleaning the walls can help you increase the resale value of your home. Don’t just stop at the walls though. If you’re serious about increasing the resale value, then clean the interior, so that includes bathrooms, kitchens, guttering, old pipes or anywhere else that dirt could possibly sit.
Tidy your home
Just like your yard needs to be presentable, the interior does as well. Just because you’re still living in the home doesn’t mean you can get away with a messy home. Prior to open homes, clear away the clutter and give the home a good vacuum, mop and dust. A clean home will help people envisage themselves living in the home without feeling like it belongs to someone else. They’ll be able to see the space exactly how it is and determine whether it is structurally right for them.
Carry out repairs
When you have lived in a home for a few years it’s easy to say, “i’ll get around to it” when it comes to repairs but you never actually do. If you’re selling your home then it’s essential that you get some repairs done, even if it’s just small repairs on superficial things. You’d be surprised when you see the difference a small repair can make. It could be the difference between a few thousand or substantially more.
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