When you increase the value of your house, you’ll be able to list it for a higher price, get better offers and even sell it faster. But, when you work to increase the value of your home, you want to do so strategically by taking on projects that will pay off and be worth your time and resources.
Here are 10 ways you can increase the value of your home, making it possible for you to get more offers and sell it for a higher price.
Do a Deep Clean
Perhaps the easiest way to prepare your home for the real estate market is to do a deep clean. Rent carpet cleaners, floor scrubbers and steamers to make sure your home is clean from top to bottom. (Please, browse HSS Hire’s extensive range of cleaning and floorcare equipment by clicking here.)
This deep clean should also include removing clutter, which can make rooms look smaller and takes away from the overall look and feel of a home. Get rid of things you don’t need, organise things you keep and consider renting a storage unit to relocate some of your belongings while you show your home.
Enhance Landscaping and Curb Appeal
The outside of your home is the first thing potential buyers and renters see, so make this first impression count. Make sure your landscaping and garden are in excellent shape by removing dead plants, adding new ones, arranging pots on the porch, trimming trees and keeping the grass mowed.
Things like porch lights, shutters, landscape lighting and door decorations can also add to your home’s curb appeal. Remember that the key is to make your home look neat and welcoming without distracting from the house itself.
Invest in New Appliances
New appliances are a big investment, but one that is well worth it. Things like a new stove, refrigerator, dishwasher and bathroom fixtures are very attractive to buyers and can substantially increase the value of your home.
Potential buyers will be impressed with the new appliances and will be confident that they won’t need replacing any time soon. You may want to consider purchasing energy efficient appliances, which are good for the environment and can help homeowners lower their utility bills.
Redo Cabinets and Countertops
While you are updating your kitchen, redo the cabinets and the countertops for a new look and a big impact. Installing completely new cabinets and counters can be very beneficial, but if you aren’t able to to make this big of a change, consider redoing the ones you already have.
You can remove cabinet doors and repaint or stain them, or even replace the front panels with glass. New hardware, like knobs and drawer pulls, makes a big difference and can make a kitchen look more modern and new. You can also install a new countertop without having to install new cupboards, which can be an affordable way to update a kitchen.
Add a Fresh Coat of Paint
New paint can make almost any room look dramatically better. Go with light, neutral colours that will match all styles of decor and appeal to more buyers. When you choose lighter colours, a new coat of paint can make a room look cleaner, brighter and even bigger.
This project is relatively inexpensive but can make a big difference. You can make the job easier to take on by doing one room at a time and slowly repainting your entire home, or just the rooms that need it.
Install New Flooring
The flooring in your home is one of its most used features. It takes a lot of wear and tear, especially in high-traffic areas. Floors that are old, worn or outdated can take away from the style of a home, so installing new ones will not only make your home more functional, but also more beautiful.
Choose wood, tile, carpet or vinyl flooring that goes with the style of your home but that is neutral enough to appeal to many different tastes.
Update Plumbing Systems
Sometimes we overlook plumbing systems until we have a problem like a leak, clogged appliance or broken pipe. Hire a professional plumber to inspect you system and tell you if it needs to be updated. Replacing rusted, broken and inefficient parts will make your system run more smoothly and will also significantly increase your home’s value.
Remodel to Make More Room
Remodelling to open up areas in your home and make more room is a great way to add to its value. Consider doing things like removing walls or half walls, restructuring the kitchen’s layout and even updating your basement to make it more functional.
When you make strategic updates like this, you are enhancing your entire home by making it more open and even more functional, which increases its value.
Install New Light Fixtures
Outdated light fixtures aren’t very stylish and usually aren’t very efficient. Update light fixtures with models that look modern, emit adequate light and are energy efficient. Go with fixtures that match the style of your home, but that could fit into many decor themes.
Good lighting also adds depth, interest and function to your home, which will make it more appealing to buyers and renters.
Improve the Bathroom
Even small changes in the bathroom can make your home more attractive to buyers. Installing a new shower head, mirror, towel racks and toilet are all excellent updates. Doing things like repairing broken or chipped tile and recaulking showers, bathtubs and sinks also makes a big difference.
These 10 projects will help you make your home more attractive to buyers, sell or rent it faster and increase its value. Get started this weekend by choosing one or two projects and getting busy!
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