Boosting Your House’s Resale Value
Posted on Sep 15, 2014
The economy might be looking more optimistic these days but life-wrecking debt is still an issue for many American families. This is why selling your house can be an attractive option for many who would want to lessen their financial worries. Selling your home can free you from mortgage and then maybe have some extra to settle other debts. This is why maximizing your home’s resale value is very important. The more profit you rake in from your house the more financial leverage you can have to stabilize your finances. Here are some tips in boosting the value of your home as soon as it hits the real estate market.
Trust the professionals
It is very tempting to do your own “DIY” home inspection and just use common sense in making sure your house is very attractive to interested buyers. The problem with this approach is that whether you like it or not, the truth stands: you know very little about houses and how the current market values a home. You might save up a lot from not hiring professional home inspectors and doing the inspection and recommendations on your own but you will surely miss out some key things that should have added more value to your home – in most cases you are better off in hiring a professional. You must realize that there are many homes out in the market and you need yours to stand out. By investing on home inspectors and real estate agents, you can gain insights on how you should renovate your home, what spaces you might need to add in your property, and what small things you can change to sell your home fast and at a higher price.
If you invest early on your home’s landscaping then you can be sure to boost up its resale value because by the time you are ready to part with it, there are already mature trees that provide shade and the grass is lush with grass and flowers are all over the yard exploding in color. These can make a home very attractive from the outside. Because you got the landscaping in placed early, you also need to make sure that the look you are going for in your yard is maintained. Even though your lawn is very green and landscaped but there are overgrowths everywhere and brown patches on some areas, this can still turn buyers off and seriously hurt your early investment on the landscaping. Do not forget to power wash your paths and sidings to make your yard pristine. Your outside spaces will provide buyers good first impressions. Do this right and expect to bag a great deal.
Go for low cost, high impact improvements
It is nice to do a major kitchen renovation but if your kitchen is still current-looking, a simple repaint on the cabinets and installation of much more energy efficient appliances can go a long way in adding resale value to your home. Installing new, modern looking doors can provide for a low cost facelift that makes your home more attractive. Do not forget doing some interior repainting. Choose colors that are neutral like gray. This adds a modern look to the house while making sure that the color will please more people because of its neutrality. The wilder the color options, the higher the chance that the house will not be seen as ideal by many prospective buyers.