If the time has come to sell your home, then one of the things that you should be focusing on is trying to get as much money out of it as possible. And one of the funny things about the real-estate market is the psychology of perceived value. You want that idea to work in your favor instead of against you.And to do this, there are five fairly simply ways to improve the fiscal value of your home before selling it, including doing a quick remodel of a room or two, improving the curb value, shoring up obvious details that people focus on, adding lighting, and going green.
Do a Remodel
In terms of perceived value, if there’s one room in your home that really stands out as amazing, it will improve the value of your entire home. For instance, if you decide to do a kitchen remodel, it might cost a few thousand dollars, but if you do it right, it could potentially increase the asking price of your home as much as ten thousand dollars. The point is to do the math, and if you have to spend some money to make more money back, that works in your favor.
Improve the Curb Value
When was the last time you considered the curb appeal of your home? Does it look, from the curb out front, like it’s valuable? One of the easiest ways to up the asking price of your house is to simply make it look better from the outside, by doing things like cleaning up the front door entryway space, or putting a fresh coat of paint on the front-facing windows.
Shore Up Obvious Details
And people who are looking to buy are quick to point out things like landscaping that hasn’t been trimmed, dirty gutters around your roofline, or any things that look bad but don’t cost a lot to fix. You should handle these details ahead of time, and you’ll see how much the overall appeal of your home goes up. You may also want to add a unique feature by installing a commercial flagpole in your home. The flags could help with the advertising when you come to sell too.
Adjust the Lighting
Homes with better lighting inside tend to sell for more money, and are just generally more appealing. So if you have to spent a few hundred dollars to get some really great light fixtures, or overhead lamps, or track lighting, do it and watch the perceived value of your house go up significantly!
The final way to add value to your home is by going green, either by including things like solar panels to the package, or replacing appliances like air conditioners, furnaces, and washers and dryers with new, energy efficient models. Just be sure that the spending makes sense in that you’ll get more out of it than you put in, and you’re well on your way to making money on the sale!