If you plan on moving, it’s always a terrific idea to increase your home’s value and get a little bit more to stick back in the bank. Some ideas might be better than others when it comes to improving your home in a way that adds substance and value, so with that here are 9 tips on how to increase your home’s value.
1. Get Creative with Additions
One of the most simple and obvious ways to increase your home’s value has to be an addition. Anything that translates into additional square footage for your property is added value, and buyers will think so as well. Of course “easier said than done” is a phrase that might apply strongly here, but if you think outside of the box a bit that might not be the case. Building a deck or similar add-on would be an easier idea for an addition.
2. Don’t Neglect Curb Appeal
Nothing will turn more buyers away than having a home that looks tattered and ugly just from the street. Some ideas for improving curb appeal might include cleaning with a pressure washer to updating outdoor staples such as the mailbox.
For your landscape, low-maintenance plants will provide a great opportunity to beautify your yard without costing you a lot of time and money. Better yet, buyers tend to like gardens and landscapes that don’t entail massive responsibilities too.
3. Keep it Clean
It’s easier for buyers to envision themselves in a home that’s clean and free of personal items. Cleaning is a major step that should be taken before a home goes up for sale. As someone who might not be ready or thinking about selling yet, you can plan ahead by keeping your home in a relatively tidy state that will make this step easier once it does become time to sell.
4. Get an Inspection
A house inspector can find problems that might be lurking behind the scenes without you even knowing it. It’s a good idea to discover areas in need of repair before they get worse or your house is about to go up for sale. Additionally, recent repairs tend to give buyers some piece of mind knowing there’s less chance of needing an emergency repair as soon as they buy the home.
5. Get Rid of Ceiling Popcorn
Popcorn Ceilings are a major turn-off to any home buyer in the market right now. They more than anything can contribute to a home feeling old and dated, but removing them isn’t always a straight forward affair. If you’re lucky, you can remove them on your own with tools easily found at a local home improvement store, but first you should have the ceilings checked for harmful substances by a professional. Popcorn ceilings sometimes contain asbestos, and if yours does it should be removed professionally.
6. Old Carpets are Bad Carpets
Old carpets can be a lot of trouble for selling a home. Stains, smells and other forms of wear will dissuade buyers. In addition, carpets tend to be a high-maintenance home furnishing. If possible, replacing your carpets with hardwood will make the floors last longer, and will give your home charm too.
7. Repaint your Walls
Repainting your walls is a common tip, but it’s impact on home buyers should not be underestimated. In addition to removing old smells potentially trapped in the paint, repainting the home in neutral colors is appealing to buyers who may see it as a canvas they could later personalize themselves.
8. Energy Efficiency Appeals to Everyone
Energy efficient appliances can add a ton to the value of your home, besides saving you money on your bills. This is particularly true in areas prone to extreme temperatures, where buyers will take note of the potential to save on harsh heating or cooling bills.
9. Give the Entrance some Love
The front door of your home is one of the most important areas for impressing home buyers. It makes up a major factor of your curb appeal alone, and is sure to be an area that gets extra attention as potential buyers enter the home while it’s being unlocked.
Thankfully improving the entrance is not a major undertaking to get it in top notch shape. New and energy efficient doors are cheap and easy to buy and install on your own. Sometimes you can make do just by repainting your old door in a buyer friendly colour like beige. Symmetrical potted plants are another decoration that’s known to make the entrance area seem more warm and appealing.