Improvements to Increase Your Home’s Value Before you Sell
You could be considering selling your house, and you want to make sure that you present it in the best possible light. These types of substantial modifications demand large expenses that you won't necessarily recoup when you close on the property, despite the fact that it may be tempting to perform a complete makeover of the kitchen or install a new outdoor deck. In point of fact, certain improvements could end up decreasing the value of your home.
When it comes to making renovations to your home, it is generally preferable to avoid huge projects in favor of putting your money towards minor upgrades that will both increase value and make your home more appealing to potential buyers.
Up Your Curb Appeal with Landscaping
The first impression is the most important. If you ask any REALTOR® what the most significant factor is when presenting a home to potential buyers, you can bet that they will respond the curb appeal of the property is the most critical factor. When potential buyers arrive at your property for the first time, they will frequently judge whether or not it is "the one" based purely on the exterior.
What prospective buyers perceive on the outside of a home is likely to have a significant impact on how they feel about the home overall. Buyers have a tendency to notice more of the good and have a larger tolerance for the not-so-good, but if your curb appeal is on point, they won't notice as much of the bad. On the other hand, if the exterior of your home is lacking or, even worse, appears to have been neglected, the majority of buyers are going to take one look at it and walk away before they even set foot inside. This is because they believe that the inside of the home will be just as bad as the outside.
Not only will spending a few hundred dollars on landscaping assist in bringing in potential buyers, but it may also have a significant impact on the amount of money you make back. The most exciting part? There is no requirement for you to get help from an expert. This is a task that you are more than capable of completing on your own unless you have a really detailed plan for your landscaping, in which case we would advise against it.
The majority of the time, the only thing that the external landscaping need is a little bit of TLC. Take care of flower beds that are overrun with weeds and prune plants that have become unmanageable. Place a new layer of mulch on the ground, and then plant flowers that are native to the area. Increasing the curb appeal of your home can be accomplished with minor renovations such as those listed here.
Give Your Kitchen a Facelift
Because kitchens are frequently regarded as the heart of a home, prospective buyers frequently place a significant amount of emphasis on this particular space. In addition to this, it is customarily the location where they will meet with their agent at the conclusion of a showing to discuss how they feel about the property as a whole. Having a positive first impression is, therefore, quite valuable in this setting.
In spite of the fact that a completely remodeled kitchen that features quartz countertops, state-of-the-art stainless steel appliances, and freshly installed cabinets can vastly increase the desirability of your property among prospective purchasers, the additional cost is typically not worthwhile for home sellers.
A comprehensive remodel of your kitchen can run you a big penny and possibly much more than that. The Cost vs. Value 2019 Report published by Remodeling Magazine estimates that the average investment of a mid-range, full kitchen remodel in the United States is $66,196. However, only 62.1 percent of that cost is recouped after the home is sold.
Our suggestion? Cabinets made of dark wood are a thing of the past. Instead, opt for a more streamlined appearance by selecting satin nickel hardware and white cabinets. These do-it-yourself renovations will save you a significant amount of money while also increasing the allure of the primary living space in your house to prospective purchasers.
Upgrade Your Bathroom Fixtures
In addition to the kitchen, buyers will remember negatively any bathrooms that are more than a few decades old. In point of fact, many people consider these two rooms to be the most important in the whole house. However, just with kitchens, completely remodeling your bathroom may end up costing you more money than the space is actually worth.
When it comes to modernizing your bathroom, we suggest making a few select tweaks here and there to bring out the space's full potential. Start by repainting the cabinets, repairing the old hardware, and updating the dated faucets rather than purchasing a new vanity to replace the one that is antiquated instead.
Instead of purchasing a new bathtub, you should give the one you already have a thorough cleaning and then refresh the grout by caulking it over. Installing new towel racks and replacing light fixtures are two further examples of inexpensive improvements that can have a significant impact.
Add a Fresh Coat of Paint
A home can be greatly improved by simply applying a new coat of paint. Walls that have just been painted make rooms appear more light and contemporary, as well as cleaner. One of the simplest and most effective home upgrades you can make is to paint your walls.
You can conceal any dents or scuffs that have appeared on your walls over the course of time for a negligible sum of money and a little bit of your time. Beginning in high-traffic spaces such as living rooms, kitchens, and bathrooms, move on to less lived-in rooms only if necessary after you have completed the high-traffic areas.
It is recommended that you keep with light, neutral hues such as beige, off-white, or light grey, even though you might have a predilection for vibrant or vivid colors. Buyers will have an easier time visualizing themselves living in the home if the color choice is neutral. While you're at it, don't forget about the finishing touches. Apply a new coat of white paint with a high gloss and caulk any seams that are exposed after you've done that.
Make It Energy Efficient
This one is especially crucial in regions that are prone to excessive heat or cold (hello, summers in Texas!). The promise of a lower monthly electricity cost and eco-friendly enhancements will appeal to purchasers who are concerned about their impact on the environment. Instead of spending thousands of dollars on solar panels, try making adjustments that are more manageable and cost-effective.
In order to make your home more energy efficient, one of the simplest things you can do is switch out your incandescent light bulbs with LED light bulbs, which consume far less energy and last significantly longer. There are LED light bulb packs that are friendly to the environment that can be purchased for as little as $12.
If you are thinking of upgrading any of the appliances in your home, you should make sure to get ones that are good for the environment and economical to run. Even if an appliance has a high Energy Star rating, this does not guarantee that it will use significantly less power than the one you now have. Be sure to evaluate how many kilowatt-hours the new appliance will use in comparison to the one it will replace.
Choose Forged Home! No matter what your circumstances are, the staff at Forged Homes is committed to providing you with a cash offer that is both credible and competitive for the purchase of your home.