Home Improvement

Boost Your Home’s Value with These 4 Smart Tips

If you plan to sell your home at some point in the future, it’s definitely a good idea to think about ways to boost your home’s value.

Simply offering the lowest price in the property market is not a guarantee you’ll have a crowd of suitors or sell fast, and certainly, won’t maximize profit. There are priority areas potential buyers look at when prospecting for the most suitable property for them and their family. To make yours stand out and sell your house at a good price, you simply have to do the little things that mean a lot to property hunters in the market.

Home Design Graphic - Boost Your Home's Value

 

So if you’re getting ready to sell your home (or perhaps want to spiff it up for your own better comfort and convenience), here are 4 smart upgrades and fixes that won’t cost you a lot of money.  And they can help you get a good deal.

1. Repair walls and repaint the property with a fresh coat

The exterior of your home is the first thing a potential buyer will notice about your property; and whether it offers a good representation of your home or not, it will surely leave a lasting impression on the mind. Repairs should be done early and well, and you should always plan to give the place a new lick of paint before starting the marketing of your property.

In essence, the walls of your home can be your best foot forward, and so you should make it look as good as can be. If they appear old, ugly and dilapidated, you might just be shooting yourself in the foot at the first hurdle.

A fresh coat of paint will instantaneously boost the attraction and boost your home’s value. Nothing works quite as magic when trying to transform your home than splashing on a good paint job; plus it costs you less in terms of time and money, especially if you can do it yourself. But you don’t have to DIY everything. If you don’t have the skills and time, hire the professionals.

It’s always best to use a neutral palette that will appeal to the tastes of as many potential buyers as possible. Remember that they will always imagine themselves living in the home, and bright colors are typically a turn-off.

2. Replace the doors and windows to a more modern and green variety

No one can fail to notice new doors and windows or their soothing aesthetic effect on the property. Modern windows instantly make the home look more stylish, eco-friendly and energy-efficient. A similar effect is achieved by adding new reliable branded furniture by a reputable furniture company. These are values a lot of buyers cannot resist.  This is a big job in some homes so it might be best to do it gradually over a few years if you have time.

3. Reinvent the kitchen and bath

What’s the first room most prospective buyers check out when they enter the property? The kitchen? That’s right. For some reasons, it’s considered the heart of the home – at least from a woman’s angle and women are considered the home keepers.

The bathroom is another one of the usually critically viewed rooms by prospective buyers; which explains why according to one consumer’s report, renovating the kitchen and the bathroom can boost a home’s value by as much as 7%.

4. Consider planting some trees

Besides making your home and environment appear greener, planting trees on your property increases the sense of privacy, reduces noise and helps with storm drainage. Trees can also help you save on energy costs with your air conditioning and heating systems by shading of the sun or blocking drafts.

But saving you money on utilities is not the only way planting trees can help boost your home’s value. Studies have also shown that the total resale worth of your home can climb by as much as 15%.

However, don’t forget that all of that beauty, calm, serenity and money-savings that come with tree planting also require that you constantly maintain it.  You may consider getting the neighbors involved as they will also enjoy a boost in property value if their home is within 100 feet of the trees.

The price range your home is in greatly affects how quickly your home can sell, but making it show well also a high priority.

About the author

Tre Pryor, Editor-in-Chief

Tre Pryor is the recognized expert Louisville Realtor who can:
  • List and sell your current home in Louisville,
  • Help you purchase your next Louisville home, or
  • Guide you in your relocation to Louisville, Kentucky
» Contact Tre now!