Every homeowner wants to improve the perceived and real value of their home! However, improving a house value isn’t something that can happen overnight. It’ll take a little planning, and if you plan well, it can make a house worth more when the residence is placed on the market. How much it improves the home’s value will depend on several factors, such as the recently-sold comparable properties in the neighborhood, the real estate market, the school district and other economic factors. Ultimately, any improvement in value will provide you with more buying and negotiating power.
When Renovation Isn’t the Answer
If you assumed that the only way to increase your home’s value was to go through a renovation, that isn’t always the case. In fact, many homeowners are unable to afford a major renovation project that takes months to accomplish. But they might be able to give their property a smaller facelift instead.
Below are some tips on improving the value of your home. These ideas range from modest to moderate in price, and more importantly, they can all be completed in less than a week!
- Add a deck. Not only will a new deck add to the overall charm of your home, but it will also give your house more outdoor living spaces. This can be quite an asset if your home’s square footage is on the smaller size.
- Remove the clutter from the exterior and interior of your home. Most homeowners have clutter somewhere. Maybe it’s the pile of brush in your backyard that has been on your to-do list for months. Or maybe it’s your basement filled with boxes and old furniture piled high from floor to ceiling. It could even be a garage where cars couldn’t possibly fit in among the clutter. Decluttering is essential to improve your house’s value, especially because it allows you to show off the full size of your living and storage spaces.
- Finish all little maintenance tasks. You might be surprised at the difference replacing the hardware on your cabinetry or fixing broken window screens can make in the value of your home! Go around your property and look for the imperfections. Then, fix them yourself or hire someone else to do it.
- Landscape the exterior. Does the outside of your home look inviting? If not, it’s time to do a little landscaping. Simply grooming your lawn and planting some new bushes, trees or perennials can add visual interest and ambiance to your home. Remember that home buyers need to be attracted to the exterior of a house before they want to see the interior!
- Paint throughout the house. Painting is one of the most inexpensive methods for improving the value of your home. A fresh coat of a neutral-hued quality paint is well worth the price. You’ll see an instant difference in every room.
- Update and clean the flooring. Is your carpet old and shabby? Are your wooden floors in need of sealant? Call a professional and tackle this task right away. Your updated floors will allow anyone who visits your home to instantly feel like the property is move-in ready. Plus, the air quality will be improved thanks to the remodel or deep cleaning!
Feeling a little overwhelmed at the thought of making your house worth more? Call your CENTURY 21 Core Partners team or contact us and we’ll be happy to share more suggestions to help you make the most of your listing!