Making improvements to your home can be a great way to increase its value. Whether you’re looking to make some cosmetic changes or more significant renovations, there are several ways to add value to your home. Here are some helpful tips on how to improve home value:
Increase Curb Appeal.
First impressions matter, so take some time to spruce up your home’s exterior. Power wash your siding, paint the trim, plant some flowers, and make sure your lawn is well-manicured. These simple steps can go a long way in making your home more inviting to potential buyers.
Update the Kitchen
The kitchen is often one of the most important rooms in a home so a well-updated space can add value. Even small changes, like refacing cabinets or adding new hardware, can make a big difference.
Updating your kitchen could be a great way to increase its value if you’re planning on selling your home soon. A well-updated kitchen can make your home more comfortable and enjoyable. It’s worth considering some kitchen update ideas.
Here are a few kitchen update ideas to get you started:
- reface your cabinets
- add new hardware
- install a new backsplash
- paint your walls or cabinets
- update your appliances
- add a kitchen island
- install new countertops
Which of these kitchen update ideas you choose to implement will depend on your budget and the extent of the update you’re looking for.
We suggest talking to a kitchen designer or contractor if you’re unsure where to start. They can help you determine which kitchen update ideas will work best for your space and budget.
Bathroom Makeovers.
Like the kitchen, bathrooms are also important rooms in a home. A fresh coat of paint, new fixtures, or even just decluttering can give your bathroom an updated look and feel that will impress potential buyers.
Here are a few ideas to get you started:
- Give your bathroom a fresh coat of paint in a neutral color.
- Update your fixtures.
- Get rid of any clutter.
- Add some greenery.
Get Energy-Efficient.
Making your home more energy-efficient is good for the environment and can save you money on your utility bills. And potential homebuyers will be impressed by your eco-friendly efforts. Some easy ways to make your home more energy-efficient include adding insulation, sealing drafty windows and doors, and investing in energy-efficient appliances.
Stage Your Home.
Once you’ve made all the necessary repairs and updates, it’s time to stage your home for showings. This involves decluttering, depersonalizing, and arranging furniture to highlight your home’s best features. Staging can be a lot of work, but it’s worth it if it helps you sell your home faster and for more money.
Hire A Real Estate Agent.
Selling a home is a complex process, so it’s important to have someone on your side who knows the ins and outs of the market. A good real estate agent will help you price your home correctly, market it effectively, and negotiate with buyers. The National Association of Realtors reports that homes sold with the help of an agent sell for $40,000 more on average than homes sold by their owners.
Set A Realistic Price.
One of the most important factors in selling your home is setting the right price. If you price your home too high, it will sit on the market for a long time without any buyers. But if you price it too low, you’ll miss out on potential profits. The best way to find the right price is to look at comparable homes that have recently sold and consult with a real estate agent.
Prepare Your Home For Showings.
Once you’ve found a buyer and they’re ready to see your home, it’s important to make a good impression. You don’t need to go overboard with expensive renovations, but there are some simple things you can do to make your home more appealing to buyers:
- Declutter and depersonalize your space by removing personal items like family photos and mementos. You want buyers to be able to imagine themselves living in your home, and that’s hard to do when it’s full of your stuff.
- Make sure your home is clean and tidy. A potential buyer is more likely to be turned off by a messy house than by a few personal items.
- Make any minor repairs, like fixing broken light fixtures or leaky faucets.
These little things can significantly affect how buyers perceive your home.
Negotiate the Sale.
Once you’ve found a buyer who’s interested in your home, it’s time to negotiate the sale. If you’re working with a real estate agent, they will handle most of the negotiation for you. If you’re selling your home without an agent, you’ll need to be prepared to negotiate yourself.
Some things to keep in mind during the negotiation process include:
- Be willing to compromise. Both you and the buyer will likely have a list of must-haves and nice-to-haves. Be prepared to give up some of your must-haves to reach an agreement.
- Know your bottom line. Before you start negotiating, know how low you’re willing to go. This will help you avoid getting taken advantage of during the negotiation process.
- Don’t get emotional. Getting attached to your home can be easy, but it’s important to remember that this is a business transaction. Getting emotional can cloud your judgment and cause you to make decisions you may later regret.
Following these tips can increase your chances of getting the home value you want from selling your home. Give Empire State Builders a call today for a free estimate.