You probably know that if you increase the value of your home before you sell it, you’re going to have a healthier return on investment come sale time. However, value can be objective. While some of your home improvements increase the literal bottom line of your house, others increase the perceived value of the home. The following three tips can show you what you need to do to increase the literal and perceived value of your home.
Home Additions
Having specialty home additions can help increase the value of your home. This can include a high-quality aquarium, a sunroom, outdoor kitchen, backyard putting green, in-home theater, or an indoor bar. Building companies like Scallon Homes can help with these types of home additions. If you’re thinking about selling your home, you may want to get some feedback from home professionals such as these to determine what types of specialty upgrades are hot sellers in the local market currently. Doing this allows you to decide which upgrades to make. You won’t be spending your money on improvements that won’t have a high return on investment when going this route.
Keep Your Curb Appeal Appealing
Did you know it only takes a potential buyer 10 seconds to make a decision about your home? While it would be nice if the buyer’s first 10 seconds with your home involved its interior, chances are the first thing a potential buyer will see is your home’s exterior. That’s why your home’s curb appeal should rank as a top priority if you plan on selling your house. However, it doesn’t need to be complicated. Adding a coat of paint to your door, clearing away dead leaves and branches and washing the windows are some simple ways to increase curb appeal without a lot of work.
Keep it New
Even the nicest houses start to look dingy over time. Keeping your home looking new by doing routine tasks such as refreshing paint, taking care of wood, and replacing broken fixtures is critical to making sure that your property’s value doesn’t decrease while you’re hoping to increase it. You don’t have to chase after all the latest trends, but it does pay to keep it classic and attractive.
Home improvements add value to your home, which, in turn, can increase your home’s ROI come sale time. Taking the time to make small improvements to your home before you open it to the public can mean the difference between your home selling or staying on the market indefinitely.