Are you looking for low effort, cost-effective ways to increase the asking price of your home? Whether you’re considering putting your home up for sale or it’s already on the market, you can increase its value by making minor changes that are sure to impress during showings, and catching any issues before potential buyers do. Here are five easy ways to skyrocket the value of your home.
- Prioritize your kitchen and bathrooms 🚽
When it comes to remodelling, it’s best to start with your kitchen and bathrooms. Since these two rooms affect the value of your home the most, you’ll benefit from spending the most time and money improving them. If you don’t want to make major renovations, focus only on what will give you the most bang for your buck; repainting and investing in a modern remodelling of faucets, cabinets, and countertops will leave you with a high return.
- Strategically rearrange your furniture 🛋️
Get rid of any clutter and move furniture slightly away from the walls to make rooms seem more spacious. Also, consider whether there are any rooms that you can turn into a bedroom with some rearrangement and a few new pieces. Transforming your at-home office into an extra bedroom is a simple way to substantially raise the value of your home.
- Invest in low-cost, high gain improvements 🖌️
Consider the ways you can revamp your home without hiring someone else to do it. Focus on the main attractions that people tend to see first, like kitchen cabinets and flooring. Touching up chipped paint and getting rid of dated wallpaper makes for a more fresh, modern look. Cleaning up makes a huge difference, both inside and outside: replacing old, worn out rugs and furniture can make an entire room look brand new, and a little landscaping goes a long way.
- Replace and repair 🔨
It’s important to fix any major issues before a buyer notices them. That’s why a pre-listing inspection and consultation with a realtor is critical: if you uncover underlying issues that could seriously decrease the price of your home, you’ll have the chance to fix them before your home is on the market. Problems with plumbing or insulation, for example, can diminish the value of your home. Although repair projects may not always be low-cost, they are often a necessary step in selling your home and getting reasonable offers.
- Lighten things up 💡
Lighting is often overlooked during the staging process. Besides doing a deep clean and adding modern décor, good lighting can contribute to a positive first impression of your home. Brighten up every room in the house by using higher wattage lightbulbs, and keeping blinds and drapes open to make use of natural light. Replace dark paint with lighter colours to create an illusion of spaciousness and boost your potential buyer’s morale as soon as they enter the room.
You don’t have to break the bank to maximize the value of your home, and if you know where to focus your efforts, you can make yours stand out in the most competitive housing markets. With these five refurbishing tips and a realtor’s professional opinion, you’ll be able to attract serious buyers and get the offers you’re looking for in no time.
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