Preparing to list your home? Here are a few things you can do to help increase the value!
As you prepare to list your home, there are a few things you might want to update before letting potential buyers take a look. Making even minor updates can seem overwhelming, but they don’t have to be! We’ve compiled a list of things you can affordably do to spruce up your home before listing!
#1 - Make your home attractive – inside and out.
Curb appeal is important to potential buyers – it is their first impression, after all. Consider mowing the grass, trimming the shrubs and straightening up your front stoop to attract buyers on their first look and increase your home’s value. Also remember that the kitchen is king! Adding new knobs to your drawers and giving your cabinets a fresh coat of paint could increase your home’s value and give you more money in the bank. According to a recent survey, 80% of homebuyers placed the kitchen in their list of top three most important spaces. Therefore, making some minor upgrades in the kitchen can provide long-term benefits!
#2 - Make energy efficiency a priority.
If you’re considering new appliances or windows for your home upgrades, keep an eye out for Energy Star certification. These items help lower your monthly costs and increase your home’s value to buyers. The less money that buyers have to invest in the home, the more money in your pocket after your house is purchased. Make sure you verbalize these upgrades and lower monthly bills to your Realtor as well, as these can justify your higher selling price.
#3 - Make your home an easy purchase for buyers by handling maintenance before you list.
Homebuyers don’t want a house that requires constant maintenance, so make upgrades that reduce maintenance frequency – like replacing the AC unit and having the wiring reviewed by an electrician. By doing this, you increase the value and give buyers some peace of mind when it comes to the amount of work that they would need to do. Large projects like new flooring, roofing or siding may cost you upfront, but that investment is reflected in your home’s selling price. Taking care of some of these bigger projects makes buyers more inclined to purchase a home with a higher value.
While these may seem like daunting tasks, they don’t have to be! Minor upgrades such as painting, replacing hardware and tidying up outside don’t take much time or money to complete. In the end, these minor adjustments could lead to a major increase in your home’s value!
