10 Tips for Increasing Your Home’s Value

Tips for Increasing Your Home’s Value

Have you been thinking about selling your home, but aren’t sure you can sell it at a high enough price? Making certain upgrades, improvements and getting the help of the right professionals can make it easier to sell your home at a higher asking price. Here are 10 tips for increasing your property’s value!

10 Ways to Increase the Value of Your Home

1. Paint

One of the most affordable and easy ways to increase the value of your home is to paint! Slapping a fresh coat of paint on interior rooms and doors makes your home look more appealing in photos and during showings. It’s a good idea to use neutral colors and hire a professional painter if you’re not good with the brush. Remember, you want to improve the look of your home, so it sells for more!

2. Upgrade Finishes

In high demand by homebuyers today are updated appliances and finishes throughout the home. This can be as significant as buying new energy efficient stainless-steel appliances and countertops, or simply installing new lightbulbs throughout your home. The bottom line is that buyers don’t want to see out-of-date finishes they will have to fix after moving in. Therefore, consider upgrading your home’s finishes to increase its value on the market. 

3. Clean & Declutter

Getting a deep clean and organizing your home before putting it on the market is a great way to increase your home’s value. There’s nothing worse for some buyers than to walk into a home with pet odors or think that they’re looking at the home of a hoarder when viewing photos online. Clean up after yourself, get the carpet and flooring cleaned and declutter your belongings!

Ways to Increase the Value of Your Home

4. Update the Kitchen

The kitchen is of high importance to buyers, since they will likely be spending a lot of time preparing and eating meals there. Having outdated counters, cabinets and appliances can be a major turnoff and cause your home to sell for less than it should. While a full-blown remodel may not be needed, it’s usually wise to invest some money into your kitchen before selling to add value to your home.

5. Improve Curb Appeal with Landscaping

To sell your home at a higher asking price, consider improving its curb appeal through tasteful and thoughtful landscaping. For example, when selling your home in Las Vegas, it can be a good idea to install drought tolerant or xeriscape landscaping. After you improve your home’s landscaping, it may sell for more because the buyers are happy to receive a beautiful, low maintenance yard and be moving into one of the best-looking properties in the neighborhood. 

6. Build an Addition

While adding on to your home can be a major undertaking, when done correctly it can add thousands of dollars onto your home’s value. Ideas for additions onto your home include a mother-in-law suite, home office, home gym or covered patio. Be sure to consult with experts on this one, as the costs of adding more square footage onto your home can be significant and when done incorrectly, won’t add as much value as one might expect. 

7. Stage the Home

If you want to increase your home’s value when selling, consider getting it staged. Working with a home stager can be expensive in some cases, but staged homes typically sell quicker and for more money. Your photos will turn out better and a staged home may have a better chance of impressing buyers at showings or open houses. 

8. Improve Energy Efficiency

Getting your home to be more energy efficient is a good way to increase its value and be more eco-friendly to the environment. This doesn’t mean you need to get an entirely new HVAC system installed or put in all-new windows. Instead, you can make small improvements like installing a smart thermostat or updating some of your appliances. Sealing windows and doors is another good method to improving your home’s efficiency.

9. Update Flooring

The flooring in your home is important to many buyers, which makes it something to consider updating when selling your home, if you want to sell it at a higher price. In many markets, carpet is out and instead, buyers want wood, tile or low-maintenance vinyl flooring. While flooring can get expensive and you may not recoup all of your costs, it’s still a good way to increase your home’s value before selling.

10. List with a Good Agent

Selecting the right real estate agent to list and sell your home can make all the difference in how much money you make from the sale. A good agent will cover specific ways you can improve your home to increase the value in that market. Additionally, they will have good vendors such as stagers and photographers that really make your house shine in online listings and during showings. Their strategy for pricing and marketing your home is everything; therefore, be choosy about the agent you work with to sell your home. 

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