Increasing The Value Of Your Home
Friday May 12th, 2023
It's selling time!
You have chosen to put your house on the market and you are moving on to a new adventure. To get the best selling price for your property there are a few improvements to be made before putting it on the market. These improvements both big and small are essential because they can enhance the property's aesthetic appeal, increase its functionality, and attract a wide variety of potential buyers. In today's blog, we are sharing tips and tricks that will guide you in maximizing the value of your home and ensuring that it stands out in the competitive real estate market.
Renovate The Kitchen And Bathroom
Renovating the kitchen and bathrooms can significantly increase a home's resale value. These areas must look their best because they're heavily used daily, and they're some of the first areas potential buyers check when viewing a home. Consider upgrading the cabinets, countertops, flooring, and lighting or installing new appliances. These changes can make the kitchen look fresh, modern and visually appealing to buyers. Lastly, if your kitchen lacks space, consider adding more storage cabinets and counter space to maximize its functionality.
Update The Exteriors
The home's curb appeal is the first thing the potential buyer sees when they visit your home, and it sets the tone for the rest of the house. The exteriors should be visually appealing and well-maintained. It's important to take care of the landscaping and clean up the gardens regularly. Consider pressure washing your siding/walkway, updating your outdoor lighting and giving your front door a fresh coat of paint and a wreath for an inviting touch. These simple changes will significantly improve the curb appeal and attract more potential buyers, even those in your own neighbourhood.
Make Necessary Repairs
Take care of any necessary repairs within the home such as leaking faucets, chipped or damaged flooring, and broken doorknobs, which can turn off potential buyers. You can also repaint your walls, replace worn carpets, and update light fixtures. To be on the extra safe side consider hiring the services of a professional inspector to ensure all repairs have been taken care of. These minor upgrades can go a long way in improving the overall appearance of your home and adding value to it.
Upgrade The Lighting
Good lighting can make homes appear larger, brighter and more appealing to a buyer. Consider upgrading old ceiling fans, outdated sconces, or pendant light fixtures to brighten up the living spaces and give the home a more modern appearance. These new additions will showcase the beautiful features of your home and all that it has to offer.
Add A Fresh Coat Of Paint
There is nothing like a fresh coat of paint that can instantly refresh and brighten up a home! This is an important upgrade that needs to be made within your space with the buyer's interest in mind. We all decorate our homes differently, and what we love may not be appealing to a potential buyer's taste. We want the buyer to be able to see themselves living in your home, which is why we recommend painting the home in neutral tones. Neutral colours like beige, grey, or white are universally loved and can make the home appear larger while providing a clean canvas for the buyer to work with.
Enhance Energy Efficiency
Upgrading to all energy-efficient appliances and reinforcing insulation can help homeowners save money on energy bills. Additionally consider upgrading your home's heating and cooling systems, and replacing old windows and doors. These improvements can entice energy-conscious buyers who are looking for an eco-friendly home to say I'm sold!
These six home improvements can add significant value to the home and increase its resale value. Homeowners can choose relatively inexpensive improvements but make the most significant impact, such as updating light fixtures, repairing leaks, and freshening up the paint. Highlighting the home's best features and functionality will help the home buyers to see just how perfect your property is for them and help you to sell it for top dollar moving forward.