10 Ways to Increase Home Value Before Selling

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Selling your house is no small task when you’re in the middle of the current housing market. We’re always on the hunt for ways to save money, especially on big home projects. Often people are put off with dated things they can’t change, so brick fireplaces can be a massive eyesore. Considering modernizing it with paint, but don’t paid it bright colours look for a color that will be neutral.

 

Here are 10 ideas to increase the value of your home before putting it up for sale. Make sure to check out Address Scoop before doing anything else. 

 

  • DIY Upgrades

 

While we don’t recommend all upgrades be completed on your own, there are a few different ways you can make affordable changes without outsourcing the work. One of our favorite ways is through faux paneling.

 

Building a brand new fireplace, for instance, would be too costly and time-consuming. Faux paneling for your fireplace is an inexpensive alternative you can do on your own.

 

  • Smart Technology

 

An affordable way to increase the value of your home is by turning your house into a smart home. Security cameras, energy-efficient lights, and electric thermostats can all be added for under $1,000 and give your home a leg up from the competition.

 

  • Curb Appeal

 

First impressions are everything when it comes to making large purchasing decisions like buying a house. Unfortunately, many people forget to mow the lawn on the day of the open house or don’t think to invest money in the landscaping. They’re going to get an idea of whether or not they could see themselves living there before they even walk through your front door.

Additionally, experts at Photography for Real Estate share that the front of your house is typically the first photo that people see in your online listing. If they are turned off by your front yard, you risk them not looking at the rest of your listing.

 

  • Enhance the Flooring

 

New and improved floors are an absolute must if you’re selling your house. Upgrading carpets to wood or even faux-wood floors is preferred by most buyers because they’re easier to clean and maintain. Even if you can’t afford the wood flooring, new carpets or hiring professional carpet cleaners can make a world of difference. 

 

  • Kitchen Renovations

 

Kitchen renovations are the number one way to be able to increase the overall value of your home. As an industry standard, you can expect to make a return of about 50% to 70% from what you invested. Upgraded appliances, new countertops, or improved cabinets can make a big impact.

 

  • Do All The Necessary Repairs

 

Selling your house means you’ll inevitably need to invest in repairs. When you’re getting ready to close on your house, you can easily expect to lose out if you have a broken furnace or a door that won’t close properly, and ensuring you get roof repairs done is equally crucial. Every little repair counts.

 

  • Declutter and Organize the Space

 

Remember how we said buyers want to envision themselves living in the home? They can’t do that if they’re busy trying to navigate around tons of furniture, moving boxes, and junk.

 

Take time before you have any buyers view your house to declutter. Since you’ll be preparing to move, it’s a great opportunity to downsize. Separate what you want to put in a yard sale or donate from the items you plan on taking with you.

 

  • Depersonalize The House

 

A part of decluttering also means depersonalizing the house. Remove framed photos of the family or things that inhibit the buyer from dreaming about it as their own. Keep them out of the way in the garage or consider renting a storage unit with your belongings while you’re in the process of selling.

 

  • Paint the Walls

 

Painting is one of the most affordable ways to increase the value of your home with one of the highest returns. The initial cost of painting the entire house may range from $2,500 to $5,000 if you hire someone. If that’s too expensive, buy the paint and put a little work into it yourself. Your return can be upwards of 36%, according to Zillow.

 

  • Don’t Forget the Bathrooms

 

Bathrooms can either be a sanctuary for bubble baths and self-care, or they can be a total nightmare. Make sure that you do any necessary renovations as well as a thorough deep cleaning of the bathroom. 

 

Conclusion

 

Increasing the value of your home doesn’t have to be difficult, but it does require some type of investment. Go through your home and see what repairs and renovations could be made. Make a list and prioritize them within your budget. If you’re smart about it, you can make an incredible ROI.