Out of all the questions we receive on our Facebook page, website or even on the phone, tips for increasing home value is always the most asked.
We understand why, too. After all, depending where you are in your life, the home you’re in might not be a forever home, even though it works great for you and your family right now. Having an idea of upgrades and renovations you might do to slowly prepare your home is never a bad idea.
So here are several tips we find not only useful, but also not difficult, that will have you thinking more about renovations you can do sooner rather than later.
1. Kitchen
The kitchen is the focal point to so many homes and the one room that is focused on the most during a walk around with potential buyers. Don’t think you have to do major renovations, however. Basic things like changing the paint color or even giving it a fresh coat is always a great start. If you’re appliances are severely outdated, consider replacing with stainless steel appliances. Adding a backsplash is always a great eye catcher and will show the attention to detail.
2. Get an Inspection
As HGTV says, “Not every home improvement is cosmetic. Deteriorating roofs, termite infestation or outdated electrical systems — you can’t fix it if you don’t know it’s broken. Hire an inspector to check out the areas of your home that you don’t normally see. They may discover hidden problems that could negatively impact your home’s value.”
3. Landscaping
Curb appeal truly does go along way, especially for those potential home buyers interested in your home. The best part about doing basic landscaping around the home is its not as costly as other home upgrades and can truly add the “wow” factor before the potential home buyers even enter the home.
4. Inexpensive tips for any room
While we do know that bathrooms also offer a great return and help increase value, it doesn’t always mean you have to demolish and start over from scratch. Basic changes such as removing wallpaper for paint and changing light fixtures is a great start and an easy way of updating a bathroom that looks modern.
5. Less is more!
If you’re getting your home prepared to showcase for an open house, your realtor may have mentioned this before: “declutter and show more space!”
When people are looking at a potential home purchase for the first time, having too many pieces of furniture can clutter a space, making it look much smaller than what it is. Sometimes, its best to take out pieces that you absolutely don’t need and opening the floor plan so people can visually see the space and have a better understanding of the potentials it has should they buy it.
There are so many tips for increasing home value. Taking on expensive, large projects to increase home value isn’t always an option, especially if you’re looking to buy a larger home. We hope these basic tips help! While they might seem simple, they can offer great value and help you in the future.
