If you’re putting your home on the market, it might be time to perform some upgrades and updates to ensure a higher value. With a few simple improvements, you can significantly raise the initial cost of your home. We are not talking about serious remodeling that would cost you more than you can bear but minor changes that will impress real estate agents and potential buyers.
Despite the popular belief, a natural-looking house with transparent benefits and flaws won’t get under the skin of buyers and real estate agents. On the contrary, that can reduce the potential price of your property and scare away potential investors. Now, we know that a larger-scale remodeling project is not an option either because it will break the bank without a guarantee for payback. That’s why we listed some easy upgrades and updates to make on your home before you sell without breaking the bank. You can perform them on your own and at a low cost for attracting prospective buyers and getting reasonable profit from your property.
The first impression is very important when you’re selling your home. Both the real estate agents and buyers will be driven with the first look and value the rest of the house accordingly. For that reason, we highly recommend to homeowners that they spend some time and effort on cleaning up and improving the exterior. The outside of your house might raise the overall value of your home by up to 10%.
If you hire a professional, an exterior remodeling project can cost from $500 to $3,000 and more. However, if you take the job yourself and do some DIY upgrades and updates to your home before selling, the bill will be much lower in the end yet the home value significantly increased. Here is what we suggest:
All these home improvement tips for selling are inexpensive and require only a homeowner’s patience and effort. You don’t need to be a pro to mow your lawn, remove the dead trees and flowers, and plant new ones.
Once you finish up with exterior improvements, it’s time to take a look at the condition of the interior. One of the things that can significantly influence the opinion of real estate agents and buyers is fresh paint. Although the cost of a professional painting service can be high, there are some alternatives. You can take the brush in your hands and do the work on your own. We recommend a nice coat of neutral paint to give the entire house a fresh look. Buyers and real estate agents like to see a neat and clean interior and are more likely to rate the house higher for it.
Of course, if you don’t have much time, you can cover up some major dents, cracks, and faded spots. Another alternative to painting is washing the walls and decluttering. That will open up space and make it more aesthetically pleasing.
Flooring replacements, repairs, and cleanups are among the updates you can make to increase the value of your home. The full flooring replacement can be quite expensive and bothersome, which is why we don’t recommend it unless absolutely necessary. Luckily, some medium and light repairs and improvements can also significantly improve the condition of your flooring.
The flooring is one of the first things, along with the conditions of walls, that buyers will notice upon entering the house. That’s why it’s essential to perform deep cleaning before the assessment. Another option is to refinish and replace damaged, worn out, and faded tiles. If nothing of these steps doesn’t quite do the trick, consider getting a new carpet.
The kitchen and bathroom in your home will have a major impact on the opinion of real estate agents and buyers. The kitchen is the heart of every home, and most people prioritize it over other rooms. Now, full remodeling can be quite challenging and expensive, so we recommend minor but incredibly beneficial upgrades.
The good-looking kitchen is crucial for getting high scores during the house assessment, but the bathroom is a close runner up. These two rooms are equally important, and you want to make them sparkle for the assessment. Along with cleaning the bathroom and fixing other minor issues, here are some things you should do to raise its value:
We listed some of the most profitable home improvements you can do at low cost and with little effort. However, you can also inspect the house and look for other minor improvements you can do. Believe it or not, whatever minor thing you fix, upgrade, or replace, will boost the value of your home on the market. Don’t hesitate to touch up all the little things that look like they would improve the overall appearance of your home. Doorknobs, faucets, window frames, lightbulbs, you name it. All these things, when fixed and replaced with new ones, can lighten up your house and make it more appealing to the visitors.
Lastly, all the listed renovations to do before selling your home make a smart investment. It might not look like that at first, but these steps will ensure you get a higher price for your home in the end. By changing the perception of potential buyers and real estate agents that value your home, you get a better outcome. After selling the house, you’ll be able to cover the expenses of the renovation and gain a lot of extra profit.
We only recommend careful planning and budget monitoring when deciding on upgrades and updates to make on your home before you sell. Take your time and invest some effort to do the renovations by yourself. That way, you can save quite some cash and significantly improve the appearance of your house.
© 2024 Capstone Realty Professionals - All rights reserved