Increase the Value of Your Home With These Easy Steps
A lot of people ask me "How do I increase the value of my home?" on a weekly basis. Well, here's how you can increase the value of your home quickly, whether you live in Appleton or anywhere else!
1. Make Space!
In this day and age, buyers want space, space, space! More and more people are looking for wide open floor plans with living rooms right off the kitchen, good “flow” in the house, and featuring an overall “open” floor plan.
What if your house doesn’t already have this open plan? Consider creating extra space by taking away kitchen islands or even thinking about opening up a non-structural kitchen wall to expose this space to the rest of the house. It could play HUGE dividends when it comes to the marketability of your home!
2. Cut Back Those Bushes
We all like a little vegetation. But when bushes and trees take over, they can seriously damage the vibe of your house. Dark interiors, blocked views, and even creepy mold can be exacerbated by letting vegetation get out of control.
Tangled trees and unkempt bushes can obscure views, darken interiors, promote mold, and block a good look at the house. But don’t just take it from me. According to a 2007 survey of 2,000 brokers conducted by HomeGain, (which is an online real estate marketing website) investing around 4-5 hundred dollars in landscaping may result in a gain of up to of four times that.
So don’t leave your buyers saying “Where’s the actual house?” Trim back those bushes and ensure that everybody can see the good stuff inside!
3. See The Light!
Did you know you can seriously raise the appeal of your home just by installing some new lighting inside? Whether it be a dimmer switch or utilizing the newly-popular sun tube (otherwise known as sunscoops, light pipes, or tubular skylights), thinking about lighting is a MUST if you want to increase the value of your home.
There are some other ways to lighten things up in your home: fix broken windows panes, ensure all windows open and close properly, and use high wattage bulbs to make small spaces feel large and soft lighting to make empty spaces feel warmer and more inhabitable.
4. Do The Basics!
You might be thinking about a huge upgrade to your house to increase the value, but don’t forget to take care of some of the little basics that can make a huge difference in the long run. Here are some basic things you can do to before you get to the big projects:
- Repair leaks and plumbing
- Replace old nasty rain gutters
- Inspect + fix septic system problems
- Install storm doors
- Insulate the attic or basement
Not only are tackling these issues wise, they might actually be totally crucial when it comes to selling your home. Houses that are getting attention these days are often in great shape. Just take it from John Veneris, the regional vice president of the National Association of Realtors, who says "What's important in this market, now more than ever, because there is so much inventory, the houses that sell are in pristine condition and are priced to the market."
5. Think About Floors
Flooring is a category where you can make big gains for a small investment. According to national statistics, an average investment of $600 to $900 can yield a return of up to $2,000.
But you may not even have to spend that - a few nails in the right places can eliminate squeaks in floors and make a big difference. Or maybe it’s repairing damaged boards, ripping up some old carpet, or repairing any broken tiles.