10 Ways To Increase Home Value
Its a sellers market. Your the one calling the shots and you need to know how to get the most money possible when selling your home. Follow these tips for a boost in value and curb appeal to attract the qualified home buyers.
- Know The Market – Know When To Sell!
- Focus Your Efforts On Tasks That Carry The Biggest Returns
- A Little Paint Goes a Long Way
- Use Dead Space For Creative Storage
- Popcorn Should Be Buttered & Not On Your Celling
- Make Your Home “Feel” Larger
- Add A Room
- Find Problems Before Your Buyers Do
- Create Seating Areas
- Entry & Exit Plants
1. Know The Market – Know When To Sell!
The housing market has seen considerable volatility in the past 10 years. The days are gone when houses were the “safe” investment that always grew over time. Check the value of your home with our Home Value Calculator. Currently we are in a sellers market, which means you have more power to command top dollar! Hiring a Certified Realtor is still the best way show your property to the largest pool of buyers when the timing is right.
2. Focus Your Efforts On Tasks That Carry The Biggest Returns
Don’t work harder, work smarter. You don’t need to remodel every corner of your house. Focus on the big two: Bathrooms & Kitchens. Dollar for dollar, you will see the biggest returns in these areas. This golden rule has been used by interior designers for ages. Unfortunately, these two areas are not cheap to remodel when compared to a basic dining room or spare bedroom. These rooms require tile, countertops, fixtures and appliances. This is why they come with high ROI’s.
3. A Little Paint Goes a Long Way
Fresh paint is a relatively low cost task that makes your home feel brand new. You need to paint your home before selling if you have: scuffs, dents or scratches in your walls. Many people hire professional painting services, however don’t be scared of getting your hands “painty” and tackling a room yourself.
4. Use Dead Space For Creative Storage
Every buyer that walks into your home will be asking themselves, “now where can I store my stuff”. Stop making them think and propose a solution. Turn empty space into “organized” storage space. Buy cheep racks for the garage, or storage bins for the utility closet. All storage space is good space.
5. Popcorn Should Be Buttered & Not On Your Ceiling
Popcorn is the #1 thing that dates a home. Hire a professional or dedicate a day to scraping your ceilings. Its messy work, but your buyers will love the new look. Small things like this allow you to offer your home to a “higher caliber” of buyers which in turn, could make you more money.
6. Make Your Home “Feel” Larger
There are endless tricks in this category, but the easiest ones have to do with light & mirrors. Replace bulky drapes with clean shutters that can direct outside light into the room. A well lit room not only looks bigger, it holds a higher “value”. Mirroring closet doors or installing mirrors at the end of hallways can drastically enhance the feel of a small space. If you don’t trust us, install a large mirror in a room and spend time in their for a month. Now take out the mirrors and the room will feel drastically smaller!
7. Add A Room
Adding a room is another “Golden Rule” along side with remodeling your kitchen & bathroom for large ROI’s. Look for spaces that could serve as a bedroom and hire certified help to put up a wall. Keep in mind that everything will have to be inspected and licensed for it to pass as an official room. Also, most states require that a room have a door, window, and closet to qualify as an official room.
8. Find Problems Before Your Buyers Do
You know your home buyers will order an inspection, why not beat them to the punch? When selling your home, you want to have all the cards on your side. Don’t give homebuyers the chance to offer you less money for a home blemish that you didn’t even know existed.
9. Create Seating Areas
People are social creatures and they gravitate to areas that provide seating for people to gather. Turn your plain outdoor space into a social hub simply by installing seating. Do you have a dead-zone in your home that your not sure what to do with? Install creative seating which will draw buyers in.
10. Entry & Exit Plants
Understand the power of First & Last Impressions. They are the 2 most important points in a home viewing. Add plants and greenery around these 2 areas. When you sell, you can either leave the plants or take them with you to your new home.