How to Increase Your Home Value before Selling?
Are you not sure whether or not you need to renovate your home? If you are looking to sell your house in the future, then renovation is a must. Since homebuyers are never going to settle for less, how do you increase your home's value before selling? This article answers all questions you might have.
1. Add Beauty
One of the best things you can do to improve the value of your house is by making it more attractive. Although making your home more beautiful will make you enjoy living in a lovely space, it will also have a lot of value when you decide to sell it. According to experts, making your home prettier can increase its value by up to 5%. To do this, you donít have to invest in very expensive things, but you should be aware of what most buyers look for.
2. Do Regular Maintenance
First, maintenance is not what will improve the overall value of your property, but neglect will scare aware potential buyers. This will make your house harder to sell, even if you hire some of the best real estate agents. Find out if things like A/C are in their best working conditions. Inspect your home regularly, and fix all damages as soon as you spot them. Through maintenance, you will prolong the lifespan of various components and save you a lot of money in the long-run. It is advisable to thoroughly inspect your home after every four weeks.
3. Upgrade Your Kitchen
Your kitchen is one of the most active communal areas in your home. Your potential buyers will ask for a workspace with good cupboards, taps, and bench-tops. If you don't have these things, consider working on them right away. The common mistake done by sellers is to upgrade the kitchen with fancy things such as marble bench-tops and stainless steel appliances. While these things look great, some buyers will be turned off as soon as they see them, assuming that the house is too expensive for them. Just give augment your kitchen with simple but classic appliances to keep your potential buyers interesting in striking a deal with you.
4. Paint The Interior Walls
In interior design, some trends come and go. Today, you will notice that most modern homes have colored walls instead of blank. Thus, to compete fairly with other sellers, you want to give your interiors attractive paintings to show buyers that they have finally found the right house. Most buyers will feel that a blank (white) wall is boring, and they might not end up buying. Colored ones, on the other hand, are attractive and exciting, so you should paint your interior walls as a way of increasing the overall value of your home.
5. Convert Your Garage To Living Space
If you don't use your garage to house a vehicle, then it can serve as a perfect living space. This trick works best if you have an extra parking space outside. The first thing you should do is to confirm if your garage is perfect for conversion and whether you are allowed to do that. In some cases, you will need planning permission to convert your garage into a living space, so make sure to confirm that. Once you have converted the garage into an extra room, you can comfortably sell your home at a higher price.
6. Convert Loft to an Extra Bedroom
Note that an extra bedroom will increase the value of your home by around 15%, so this is something you should consider doing. Though most lofts are easy to convert to an extra bedroom, you should seek help from an experienced architect or builder. If this is something you are excited about, you might want to start looking for the types of conversions available and the cost.
If you are working on a tight budget, then you should go with a roof light conversion. Most of the time, the conversion will take you around one week, but you will see the benefit when it is time to sell your home to willing buyers.
There are many ways to increase the value of your house to attract the best buyers. For instance, you can install a modern bathroom and rework the patio. Before you do anything trying to increase your home value, it is imperative to understand what modern buyers are looking for. However, we are certain that you will never go wrong with the ideas shared above. You will notice that most of them are budget-friendly and won't take a lot of time to complete.
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