When you’re preparing to sell your home, you’ll want to receive the best value. Leaving your home as it is won’t just cut it—you’ll have to make taking care of it your top priority. Luckily, it’s not too difficult to do this: keeping up with repairs and making improvements over time is a surefire way to increase your home value. No matter your reason for increasing your profit, here are a few ways to help you raise the price value of your home.
Make it look nice.
First impressions will get you far in life, and that includes the first impression someone has of your home. In addition to a maintained landscape, a well-kept exterior will be the first thing that grabs a potential buyer’s attention, and something as simple as planting flowers or repainting the door can capture a buyer’s eye. Once the exterior is taken care of, focus next on the kitchen and the bathroom—if either of these rooms is outdated, they can keep your property from reaching its highest valuation.
This doesn’t mean you need to splurge on making either room look like they belong in a home magazine, however. A minor kitchen remodel will see an 81% return on your investment into the room, while bathrooms will see a 70% return.
Make it low-maintenance.
Buyers don’t want to go into a home purchase worrying about maintenance or renovation (unless, of course, they’re home flippers looking for that exact thing). If something in your home will require constant maintenance, replace it before putting it up for sale to calm any fears of a future replacement and net a higher price for the property. Minor improvements also make a difference: replacing carpet with hardwood floors, or wood siding with vinyl siding will make things easier for the future homeowners and increase home value.
Make it bigger.
The bigger the property, the more value it’ll have in the long run. The square footage of a property will exponentially increase your property value, as the price per square foot is often one way people compare homes that are similar in style and upgrades. Even if an appraiser doesn’t recognize the increased property value, a buyer will. You can increase your home’s size by adding a room, finishing the basement, or building a deck.