Make An Upgrade Plan:
Monday, April 22, 2019
5 Best Tips to Increase the Value of Your Home
It's much easier to increase the value of your home than you think. Simple designs and various cheap accessories can help you win a higher price for your home even if you don't have any design experience. Just follow these simple steps to help your home sell for more.
Make An Upgrade Plan:
Upgrading and increasing the value of your new home is like a marathon, not a sprint. So, you should carefully write down all of your upgrade plans before starting anything, then gradually prioritize them based on your needs and spend accordingly. Don’t just dive into every upgrade, take your time and list the most important things first, finding the must-have things and then you can move to the fancy, decorative upgrades later.
If you’re planning to sell the home immediately after making some upgrades, then I recommend contacting an expert and only spend your money on the most valuable and cost-efficient upgrades that will bring you the best ROI. For example, a pool can be a useless upgrade in northern areas where the weather is colder, while in sunny/ hot locations it can prove to be a huge selling point and draw higher and multiple offers on a home.
One Room At A Time:
This is an important rule to live by because you can easily get overwhelmed if you look at the whole house. Once you’ve made your list, choose one room at a time depending on your time frames and budget, finish it and then jump to the next one. This way you’ll keep things under control, and your whole house won’t be a mess if anything gets delayed.
One room at a time strategy helps you keep your spending under control, you can paint one room in a weekend, another one can be tackled on the next and so on.
Break It Down Into Two Lists:
Make two lists, fill the first with all the small upgrades that you want for yourself, on the second list, write all the upgrades that’ll actually increase your home’s value.
Once the lists are done, you should start on a major upgrade, and then finish the smaller ones in the next couple of weeks or months. This enables you to save a little money and stress on major upgrades by taking breaks in between and completing the minor tasks. Apply this strategy and you’ll find out that your stress levels will decrease while your home value increases.
Keep It Clean:
Is your home up for sale? Then remember this, many clients prefer moving into the cleaner, more welcoming homes rather than a cluttered, unclean house. Cleanliness of your home also shows the buyer that you have a sense of pride in your home, and that you've taken care of your home. A clean home increases your chances of securing a higher price big time.
Many home buyers are particularily interested in a homes kitchen. If you think about it this is where we spend a good part of our lives entertaining, cooking and hanging out. So, no need to go cheap on the kitchen, because it usually returns every penny of your investments with considerable interest if done right.
You can use faux wood in the cabinets, make it look unique and fresh by changing the color and maybe add some DIY decor to further improve the beauty and presentation of your new home. You can give your kitchen a personal touch but keep in mind clutter is not good when showing a property. Remembering these 5 tips can help you get more interest and better offers on your home.