The housing market currently favors sellers with the majority of homeowners getting their asking prices without problems. Some homes are even selling above-market prices. You may not have a problem getting an offer on your home, but don’t you want to get the most out of your investment?
You can increase your home’s value without putting a lot of money into a project and here are a few tips to help you get started.
Add a Nursery
Do you have a room that’s rarely in use? With a can of paint, you can easily repurpose the space.
Homes with dedicated nurseries can command a higher asking price. If you decide on a nursery, don’t forget to install inexpensive outlet covers. It’s an added touch potential buyers will appreciate.
Painting the walls and trim gives the space a fresh look but stick with a neutral color. Let the new homeowners choose the nursery color.
Does Your Home Have Curb Appeal?
Never underestimate the power of curb appeal. It gives potential buyers their first impressions of your home.
Look at your home from the street. What do you see? Are the windows dingy or does the siding new a good power washing? You also want to survey the yard, driveway, and entranceway.
Adding some blooming plants is an inexpensive and eco-friendly way to brighten up the yard. A planter by the front door adds a welcoming touch. Go ahead and give your front door a fresh coat of paint. Don’t get too exotic with the paint color, instead, stick with neutral tones.
Wash any oil stains off the driveway and don’t forget to keep the lawn neatly mowed.
Organize Closets and Drawers
Something almost every potential buyer looks for in a new home is storage. A house can never have too much storage space.
Buyers want to see how much storage your home has to offer, and it’s hard when your closets are packed with stuff.
Spending some time organizing your closets can increase your return on your investment.
You don’t want to cram your belongings in the garage, attic, or crawl space. Buyers often want to see these areas, especially if it’s where the utilities are located.
Renting a storage unit is a cost-effective solution, and some facilities will even pick up your belongings for you.
Don’t Forget About the Little Things Around the House
You are used to a loose doorknob or drawer handle, but it can cause buyers to offer a lower price.
The little details around your home matter to buyers. Take a walk around your house and check for the following, making any necessary repairs along the way.
• Check all doorknobs and drawer pulls, tightening any that are loose. If it’s in your budget, consider replacing the knobs and pulls. It gives your home an updated look without a huge expense.
• You want to ensure all kitchen and bath fixtures are clean and working properly. Fixing leaks gives potential buyers peace of mind that they are not purchasing a home with plumbing problems.
Repairing faulty wiring is something else you don’t want to ignore, but it’s also a good idea to call an electrician. It is an added expense, but it will increase your home’s value.
Conclusion
Increasing your home’s value only takes a few steps, and it is also cost-effective. Remember, curb appeal is vital for a good first impression, and don’t forget to give the house a good cleaning.
Whether you’re adding a nursery or updating the fixtures, we are here to help with ideas to ensure you get the best asking price.
Karl Kennedy
Author of ProjectorTop.com
