Owning a house is a financial and emotional decision capable of paying dividends as you build the equity in the house and see its value rise with time. The value of a property increases based on different factors, such as the community where the house is located and the housing demand in the area. However, you can increase the value of your house before selling by upgrading its looks. So, before you search for platforms with captions such as ‘we buy houses in Arizona‘, here are a few tips that can help you improve the value of your house.
1. Work on the finishes
The first step to take if you want to increase the value of your home is to work on the finishes. Making superficial changes can significantly impact buyers more than even extensive renovations. Many real estate agents talk about how much of a difference fresh paint could have on a building. Some experts even believe that a fresh coat of paint can increase the value of a house by at least 5%.
2. Consider energy-efficient appliances
Energy-efficient options help cut down the cost of utility bills. When you decide to sell the house, such upgrades will create an appeal for buyers. Many buyers out there are in search of energy-efficient features to cut down the overall cost for the homeowner.
3. Work on your curb appeal
Simple alterations to your landscape with features like fresh mulch and new plants can give your home the right appeal. Such changes usually don’t cost much and can be quickly done by yourself. This visual upgrade will sway both appraisers and potential buyers.
4. Work on your bathroom and kitchen
Several real estate agents often suggest that bathrooms and kitchens are the main selling points. More often than not, a remodeled bathroom or kitchen can give you a hundred percent return on investment and this number could even be more depending on your choice of finish. Your return on investment could even be more depending on the amount of labor you can do yourself, the finishes you choose and how many upgrades such changes give your home’s current condition.
5. Finish all unfinished spaces
The finished square footage is critical in determining the market value of your home. Even if you choose not to invest in a costly makeover, easy steps such as adding carpet to the room can transform such unfinished spaces into a haven. You should also declutter and clean your spaces, especially if you are trying to get your house sold. Remember to dust off high places and haul excess clutter and junk to a donation center.
6. A simple painting
If your home is looking a bit worn, simple DIY paint comes with a low cost of materials, but it can have a strong impression on the house’s aesthetics. Regardless of whether you are painting your bedrooms, living rooms, or your home door, bright paint could give it a fresh look.
Time to sell!
Selling your house can be a quick route to funding your projects, coming out of debt, and putting some money in your bank. Applying the tips highlighted in this piece should help increase the market value of your house and get it sold in good time!