Selling a property is no small task. And as it’s most likely your biggest investment, getting as much bang for your buck as possible is probably topping your list of priorities.
Luckily, there are some tried and tested things you can do to increase the value of your property when it goes on the market. Today, we’ll be looking at 7 of them.
Energy efficiency
Making your home as energy efficient as possible before you put it on the market will appeal to environmentally-conscious buyers and those who want to save a few pennies on bills. Solar panels, improved insulation, new windows, and CFL bulbs are just a handful of the things you can implement to make your home more energy efficient.
Deep cleaning
Having your home deep cleaned both inside and out can add a surprising amount of value. Deep cleaning inside your home has the potential to add around $2,000 to the overall value of your property, largely because it lets potential buyers know that the building is well looked after.
A clean property makes it easier for buyers to see any structural damage or repairs that need to be done. If your home is in ship shape even after a deep clean, then that stands you in great stead.
You may also be surprised to learn that having your home’s exterior professionally pressure washed and your fences pressure washed can add a huge $15,000 to your asking price.
Think modern
While your home doesn’t need to have all of the latest bells and whistles in order to sell, there are some modern touches that buyers are likely going to expect. Simple things such as up-to-date security (think motion sensors, flood lights, new sets of locks) can be appealing for buyers.
Be mindful of how many plug sockets you have and where they’re located. In this day and age, people have more electronics than ever. So, having good access to plenty of plug sockets is something that buyers are definitely looking for.
Even updating something as simple as your toilet to the slightly bigger modern style can add value to your property. Because it’s a small task, you should get a higher return than if you were to renovate your entire bathroom.
Painting
When someone comes to view your home, it can be tricky for them to imagine it as their own. Keeping things as neutral as possible can help your property be seen as more of a blank canvas. Choosing the right paint colors is a really effective way to achieve this.
It’s always beneficial to give your property a fresh coat of paint before you put it on the market. But opting for more neutral shades or even just pure white can make it much more buyer-friendly, too. This simple task can add thousands of dollars to the value of your property.
Bedrooms
The number of bedrooms a property has a big impact on its price. If you have spare rooms such as an office or playroom, converting them into an extra bedroom could add a significant amount of money to the value of your property. Similarly, converting your attic into a bedroom can make a notable difference to your home’s value.
Gardening & yard maintenance
Some experts say that a well-maintained yard can add around 10% to the value of your property. So, it really is worth considering what changes you can make to your outdoor space to make it more buyer-friendly before you put your home on the market.
Carrying out basic yard maintenance tasks, adding in some attractive plants, and maximizing the amount of sunlight your yard gets can all make a difference with very little effort on your part.
First impressions
We all know that first impressions matter. Think about what a buyer will be seeing first and make sure that those parts are in tip-top condition. Give your front door a lick of paint, have any necessary structural repairs done, and do any little DIY jobs such as fixing faucets, tightening toilet seats, and grouting. Chances are these smaller details will be reflected in the price of your home.
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