Investing in your property is never a bad idea whether you want to sell it or not. Understandably, it’s especially good to do so when you are looking to sell your home. Knowing how to increase the value of your property correctly isn’t something everyone knows. Luckily we are here to help you out by telling you what are the things that can easily be fixed so as to boost your property’s value. You will have to spend money in order to earn more money. We will mention both the big and the small things that you can do to increase the value of your property.
Low-cost changes that increase the value of your property
There are certain things that you can do that won’t cost you a lot of money but yet they will make a huge difference when you need to put a price on your home.
Cleaning
Cleaning your home both inside and outside is very important. Clean windows make a huge difference. Dirty doors are an instant turn off. The buyers don’t want to pay for a dirty home but they are willing to pay more if the house is clean. Get rid of any unusual odors and stains around the house you are trying to sell. Clean all the doors and door knobs. Check around your property to see if there is anything dirty on the walls.
Paint the walls
Paint gets dirty over time and the people who spend a lot of time there don’t notice it. But if a potential buyer walks into the house and sees dirty walls, in 90% of the times, the buyer won’t purchase the home. Investing in some paint for the inside and outside isn’t an expense. It should be on the top of your list of things that you will do to increase the value of your property.
Painting the walls won’t cost you much but will earn you a lot.
Change doorknobs, light switches and handles
These are also the things that get ruined little by little every time we use them. So changing them will make your doors appear much more expensive and new.
Declutter
Getting rid of unnecessary things that are lying around your home will immediately make it look better and fresher. Plus, if you organize a yard sale or sell those things online, you will earn a few extra dollars that you can invest in your property. You will have to declutter if you are going to be moving so it’s best to do it now. This is the key to handling relocation with ease, especially long distance relocation.
Moderate-cost changes to increase the value of your property
Depending on how and when you decide to make these changes the price varies. It can be both moderate and high-cost. The best time to do any sort of renovation on your home is late spring – May, June. And people usually move in the fall.
Change windows and doors
This is a very valuable addition. It does cost a bit more and you might need to hire someone to do it for you but it will be worth it in the end. Make sure you pick out nice doors and secure. Many buyers check to see how good the doors are. And have in mind that big windows are now very popular.
Change flooring
Tiles and wooden floors get damaged over time too. A nice investment is to change them or at least polish them. This will make your home look brand new.
Replace old toilets with new ones
Nothing will lure in a buyer like a nice new toilet. You can do the same with sinks, faucets, tubs, showers, etc. Or if you don’t feel like doing so, polish them to give them a nice shine.
Changing the doors and floors is a big plus.
High-cost changes
Here are the most popular high-cost changes you can consider.
Add more square footage
Adding a balcony or a patio is a great idea if you have the money to do so. Or finish an unfinished basement or attic. Make it look nice. Clean it. Take down some walls if possible. This gives the illusion that space is bigger than it actually is. Add on to the garage if you think that is possible.
Add a bathroom if there is only one
This is a serious job that needs to be done by professionals. And it’s very important to know where to put the bathroom. Putting it close to the first one is a bad move.
Add smart technology
Adding smart lights that can be controlled from an app on your phone is a thing no one is able to resist. This is a good investment for a new office too.
In this day and age, you can control your home from your phone. Many homebuyers are looking for such homes.
Don’t over-improve
Some people get carried away and invest too much money into the property that they want to sell. This isn’t a good idea because this will make a regular house too expensive and you will have less interested buyers. Plus what is the point of selling the property if you improved it so much? Remember to check the after-repair-value of your property before you start doing anything. Then figure out how much the investment will cost you and what’s your earning. If the amount isn’t very big, don’t even bother doing much. Leave it at the low-cost changes and stay stress-free. Sometimes things can get out of hand when people start investing in their property. Don’t put yourself in such a position.