If you’re considering putting your home on the market, you’ve likely wondered what you should do to maximize the value of your home and capture the best possible price. While it may be tempting to gut the kitchen or add another bedroom, these types of renovations generally don’t increase value enough to make it a profitable investment.
Don’t let that stop you from making some minor improvements to not only increase the value of your home, but also make it more pleasant for you to live there while you’re prepping for a sale. Consider these changes:
Invest in your curb appeal. From the cover photo on your online listing to the view potential buyers see when they drive by, your curb appeal plays a key role in getting people to cross the threshold and see what your home has to offer. If your house looks a little boring compared to your neighbors’ homes, plant a few flowers or paint your front door an attractive and inviting color.
You can spend just a weekend trimming hedges, planting some geraniums and replacing the house numbers over your garage. These types of improvements cost next to nothing but make a significant difference in your curb appeal.
Reduce maintenance costs and labor. Think about your home and what might cause a buyer to see dollar signs and headaches. Is your furnace old, or are your dishwasher’s trays rusted out? Consider replacing older carpet with low-maintenance laminate or hardwood flooring and switch out wood siding for vinyl.
Invest in efficiency. Some home buyers may be looking for a home that’s environmentally friendly, but all buyers will welcome enhancements that lower monthly bills. Double-paned windows, improved insulation in the attic and LED lighting are among the improvements you could make to attract buyers to a more efficient home.
Think bigger. While adding a bedroom may not offer the return on investment you’re looking for when seeking to increase the value of your home, there are other ways to increase the living space of your house. Consider finishing your basement or adding an extra bedroom in your attic. Even adding a deck to the back or side of your home can give the impression that there are more places to kick back and enjoy your house.
Make a minor update. While you may have the urge to invest in designer cabinets and reconfigure the design of your kitchen, a new coat of paint on the cabinets, a new faucet and updated flooring may give you all the benefits of a redesign without the cost. Buyers tend to notice outdated kitchens and bathrooms, so consider a small investment in these rooms to increase the value of your home.
When it’s time to sell your house, Dani Beyer Real Estate will walk you through each part of the process, including updates that might increase the value of your home. Here’s what one of our clients had to say about selling their home:
We’ve used Dani to sell our home twice. It was a wonderful experience both times! Highly recommend Dani and her team! She made the process very easy for a busy, on the go family of 5. I love how the majority of the paperwork is all done online. I recommend her to all of our friends with realtor needs!
To begin the selling process, or if you have questions about where to invest your dollars for the best possible selling experience, contact us at Dani Beyer Real Estate!