Are you looking to put your house on the market? Perhaps it’s time to size up to match your family needs or maybe you just fancy a change and are heading to a new city. No matter the reason, you want to make sure you are getting the best sale value for your home. After all, you are not just parting with a piece of property! You are parting with a place your family has created memories in and connections with. Sometimes it is worth putting a little extra work into your home in order to increase the ultimate market value. Check out these tips to increasing home value.
Talk to Experts
As this general contractor’s license guide demonstrates, there is a lot of value to be placed in the expertise of a licensed contractor or realtor. Both can identify areas for improvement and provide guidance on how to go about it. This can be anything from a bathroom renovation with a general contractor or changing paint color and furniture placement with the guidance of an interior designer.
Some areas that need improvement are not immediately apparent. This can be something like a termite infestation, electrical updates, or deteriorating roofs. It is difficult to identify these needed improvements without an inspection. A thorough inspection can find hidden leaks or other issues that can become major issues later on. Identifying these early on and practicing routine checks can help ensure your house retains value over time.
A fresh coat of paint goes a long way to improving the appearance of a home without high cost. New colors can make a room appear clean and updated, which translates to value. Colors can go a long way in helping the home as well. Neutral colors are popular among home buyers as they leave a blank canvas to work with.
Curb appeal is a real thing when it comes to increasing the value of your home. After all, first impressions last a life time. Increasing home value starts with that first impression. Some simple ways to do this is through landscaping.
Plant a tree early on that will grow to a shade tree providing coverage to your home, cutting energy costs, and looks good while doing it. Native plants to your region are a good idea because they will withstand weather conditions and provide greenery to make the home more appealing. You will need to avoid a messy lawn by continuously shaping edges and trimming the grass.
Update and Renovate
Updates to major use areas like the bathroom and kitchen translates to major home value increases. Bathroom updates can be as simple as changing outdated wallpapers or adding modern lighting. If you have a larger budget, you can replace vanities and plumbing or add tile. An updated, modern bathroom is essential for top dollar.
This also goes for the kitchen. Stained sinks and ancient microwaves are not ideal for those on the home buying market. New models show a modern appeal that will help your home increase in value. This renovation doesn’t have to be done all at once. You can start by swapping out one item and gradually replacing everything.
A large scale remodel might involve countertop replacement, custom cabinets, or energy-efficient appliances. The kitchen is the social hub of the home, so putting value here puts value everywhere.
Ultimately you want to put into the home what you expect to get out of it and these small and large-scale changes will help with the final market value of your home. Whether you are looking to sell tomorrow or are planning for a decade from now, you can increase your home’s value with these tips.