If you’re looking to sell your house, or refinance your mortgage in the coming year, early in the new year can be an excellent time to get a jump on those lingering home improvement projects that are preventing your residence from meeting its full potential. But are you left wondering if certain upgrades are more important than others? And, if you’re not looking to spend a lot of time or money, how do you prioritize that “To Do” list to maximize your return on investment?
Simple Ways to Increase Your Home’s Value
In today’s Real Estate Market most buyers are looking for a move-in ready home. With just a little bit of money and effort, you can make a significant increase in the value of your home.
- Focus on Curb Appeal. Buyers often drive by the property first. Get a potential buyer’s perspective and look at your home from the street. What can you do to improve the look? Simple things, such as cleaning up the landscaping and making your entry decorative and welcoming can go a long way to create an inviting and appealing first impression.
- Clean, Declutter, and Depersonalize. Everyone wants a home that feels open and fresh. Deep cleaning and decluttering your home are a great first step to help create that feeling. If you are willing to spend even a little bit of money to sell your home, the best thing you can do is repaint the walls in a neutral color and clean your carpets, if they need it. (Pro Tip: they probably need it!).
- Bonus points for Kitchen & Bath. Ready to go the extra mile? Consider refreshing your kitchen and bathrooms. Consumer reports estimate you can increase your home value by as much as 7% through kitchen and bathroom renovations.
Try not to take repair recommendations from your realtor personally. They are simply trying to help you sell your home quickly. Everyone has different tastes, but a clean and well-maintained home never goes out of style.
In the hunt to buy or sell a home? Contact us today for help marketing your current home, or to answer any questions you have about getting started!
Frontier Insurance Agent, Real Estate Broker