Selling your home to move on to better things in life is bittersweet. So, of course, you want to make the most out of the experience.
Getting a nicer home means you need to be able to milk your current home for everything it’s worth. This means you may need to make some renovations to raise its value before you sell. This article will go over a few of the most effective ways to do so and give tips for showing the house.
Finishing your basement can make a significant impact on the value of your home. Doing so increases the new homeowner’s living space, adding potential to the house’s capabilities.
Additionally, you should consider updating the finishes around the rest of the house. For example, get new baseboards, paint the walls, update the light fixtures, and wax your floors. This will make the house look fresh and clean to prospective buyers.
The kitchen and bathrooms can be enough to make or break the deal, particularly if the buyers don’t want to make the renovations themselves. These are two of the most frequented rooms in the house, especially when there are guests.
Therefore, you must put a lot of focus into these areas of the house. However, if you are on a tight budget, even small changes to the tile and sink can be enough to increase the value of your home.
If your appliances are outdated, it’s not only aesthetically unpleasing, but they’re using more electricity than necessary. When you update to modern, energy-efficient appliances, the rooms will look better, the new homeowner will save on their electric bill, and the house will be more eco-friendly.
To find energy-efficient appliances, look for the Energy Star sticker or ask an associate for help. If you need ways to cut costs, consider looking on social media marketplaces for used ones or find a discount appliance warehouse.
Building a deck will add square footage to your home, making it an inexpensive way to increase the market value significantly. Plus, they look good and create space for outdoor living and parties.
An excellent way to make your house pop and increase property value is to freshen up the landscaping. You don’t have to go all out. Just fertilize the grass, water it regularly, and add some plants with flowers to make the home look more attractive on the outside.
If your yard is in desperate trouble, consider hiring a landscaping company to help you plant new grass. Make sure you get a head start so that the grass has time to grow before you start showing the house.
Adding solar panels to your roof will do you more favors than you realize. Apart from drastically increasing home value, you’ll qualify for the solar tax incentive, save on energy bills, and achieve energy independence.
Of course, you may not want to invest in solar power just to move out of the house and not use it. Therefore, this renovation is ideal if you plan on staying in the home for a while before selling.
So if moving is still on the horizon, you could wait until you’ve seen a return on your investment. The panels typically last 25 years, so they’ll still be like new by the time you need to leave.
If you have an unused garage, consider renovating it into an additional living space. These offer so much variety in terms of usage. For instance, you can use the space as an office, quarantine area, guest room, or Airbnb to make extra money.
Showing day is your chance to give potential buyers the best first impression of your home. So you must make every detail count because you can slightly raise your home value if you present it well.
To make the most out of it, you should ensure that everything is clean and waxed. If you have carpets, consider renting a carpet cleaner. Then, make decorative flower arrangements to set around the house. This will quickly complete the look and give you a leg up in closing.
There are many ways to increase the value of your home, and some of the biggest ones are listed in this article. If you’re on a small budget, you can still do these things using online resources or doing it yourself.
However, keep in mind that some tasks are too dangerous for DIY, such as renovating the kitchen or building a deck. So it’s best to leave those to the professionals.