How to Improve the Resale Value of Your Home
Take a look below at some areas to focus on to improve the resale value of your home:
Staging and Decluttering
More and more research is showing how powerful the staging and decluttering process is. A properly staged home sells faster and for more money than one that is not professionally staged. Part of the staging process is decluttering your home. No home can be staged to be attractive to buyers if it is cluttered and unorganized.
Put the time into decluttering and organizing your home before you even contact a professional staging company. From there research a couple of potential professional stagers. They will have more ideas to stage your home and will probably declutter it further.
It doesn’t mean that your stuff is not nice or does not fit, but the staging company will be able to put things together in order to make your home appeal to the most amount of buyers.
Clean = Maintained
Although this may not be true in absolutely all cases, it is generally true and will make the home look maintained and appealing to buyers. A buyer has choices and most will choose not to see past dirt, grime, or trash. If they do pursue the home further, most of them will use the dirty areas as bargaining chips to get you to come down on your asking price.
This is a task most homeowners can do themselves and it can increase their sales price by up to 5%.
Focus on Curb Appeal
When potential buyers arrive at your home, their first impression is based off of your curb appeal. A well-maintained and well put together exterior and grounds area tells the buyer that this house is taken care of and it is attractive. Bright flowers, fresh cut grass, no trash, and an appealing walkway go a long way in attracting buyers and boosting resale value.
Update or Upgrade Kitchen and Bath
These two areas are most often the two most important rooms when selling your home. Renovations in these areas can increase the sale price of your home by up to 7%. Choose a neutral palette that will appeal to most buyers so that you do not turn others away.
If you are not looking to break the bank in these areas new fixtures, paint, and hardware will make the area look refreshed.
Details Count
The small things that you have learned to live with can be a big deal to buyers. The sticking door, the knob that doesn’t work, or the damaged drywall might not be a big deal to you, but can turn buyers away.
Don’t try to overwhelm yourself. Choose to do what you can handle and hire the rest out so that your home is ready to get the most money it can.