With 2018 ahead of us and a booming economy, it appears that we are heading for good year in the real estate market. Home values are increasing, and some homeowners are thinking about putting their homes on the market later this winter or in the spring. Likewise, prospective buyers are combing the internet looking for properties.
If you are a prospective seller, most likely your home is the biggest financial investment you will ever make and the idea of selling your house is a big decision. That being said, in preparation for getting your home ready to sell, here are several easy and to some extent inexpensive ways to increase your home’s value and improve its marketability.
- Kitchen: The kitchen is the focal point of any home and the first room that you should look at and freshen up. If you have the budget, consider replacing old cabinets and counter tops with new. If you don’t have the money at the very least oil or paint the cabinets. A new coat of paint can make a huge difference on how a buyer may perceive your home.
- Bathrooms: After the kitchen, turn your attention to the bathrooms. A bathroom remodel is a great way to increase your home’s value. Again, if you don’t have the money for a full remodel a fresh coat of paint on the walls, new light fixtures and new grout along the edge of the tub or shower will make your house shine.
- Energy efficiency: If you are in an older home chances are that your furnace and water heater are as old as your home. Replacing those two units can set you back a lot of money, but you may be able to recoup your cost in the final price of the home. On the flip side, if you don’t sell your home you have at least upgraded your heat and water heater source and it will save you money in the long term.
- Lights: New light fixtures throughout the house and outside will cause buyers to take notice. Quality ceiling fans in the bedroom and living area give a sense of pride of ownership and makes your home show well. If you are able, strategically placed solar tubes in the home can make it bright and cheery.
- Curb Appeal: The way your home looks from the street is especially important. Curb appeal is the first impression that buyers have of your property. If your paint is weathered and flaking, consider a fresh coat. Nice landscaping, a clean driveway, and clean gutters can go a long way to impressing prospective buyers.
Your job as a seller is to make prospective buyers want your home more than your neighbors down the street. A buyer’s positive perception of the items listed will go a long way toward getting your home under contract.