6 Tips To Increase Your Home Value
Whether you just bought a house or you have lived there for years, the best way to boost your home's monetary value is by making a plan. You will make out better if upgrades are made intentionally and not on impulse. Start by making a list.
1. Clean your house .
A clean home can attract buyers like a magnet. A house can NEVER be too clean. By making a clean house your first concern, you do a couple of things at once. First, you stay ahead of any maintenance issues, spotting possible problems before they become expensive ones. Secondly, you do not allow dirt and clutter to build over time. Finally, a clean house is healthier for you and your family. Also, de-cluttering is a form of cleaning. Just as dirt builds up, so does clutter. Don't just move your junk around. Get rid of it . When it's time to sell you will feel confident about what you are presenting to the buyer.
2. Weigh the benefits of remodeling versus selling.
Should I stay or should I go? It's a question many homeowners ask themselves.. Here is how to tell if there is more value for you in fixing up, or moving on. First, estimate your costs to buy a new home. Add up the realtor and home selling costs (packing, moving and the new loan financing). Don't forget hidden items. The buyer may ask you to replace the carpet before you sell. Or, what if you have to replace appliances? Make your best effort to include everything it will cost in time and money to sell your home and buy a new place. Then, estimate what you may get for your house and how much cash you will leave with to put down on a new home.
If you like your neighbors and your school district, consider remodeling. You can get exactly the home you want and you won't risk any buyer's remorse. Estimate the cost of making the most importantl renovations . Decide what you would like to do and go price shopping at your home improvement store. Call contractors(RyCass Remodel And Restoration, LLC.) and get estimates.
Look at what it would cost to move, then what it would cost to remodel. Add in the factors such as friends, schools and work commute. When all is said and done, you may find you get more equity by staying in your home and remodeling.
3. Curb appeal.
Want a new perspective on the value of your home? Walk across the street, turn around and ask yourself, "Does my house have curb appeal?" What do you see? Does your home look attractive, inviting and structurally sound at first glance?
Make a list of ways to accentuate the positive and down play the negative. If you have a nice curvy walkway, decorate it with flowers or lanterns. Land scape a beautiful front yard, or paint your front door red to draw the eye there. These things add value.
Curb appeal doesn't stop at your property line. Your home will be more valuable if you live in a place where everyone pays attention to appearance. Host a neighborhood cleanup party. By adding curb appeal to your entire neighborhood, you will all boost your home values. When you're looking at your curb appeal, don't forget the side and rear views. Buyers willwalk around and peek over fences.
4. Upgrade the kitchen.
Ask any real estate expert what the No. 1 upgrade with the greatest return is, and the answer will be the kitchen.
- Do a mini-remodel. Change the paint. It sounds simple, but it works.
- Add a splash of color with a new backsplash. New tile is attractive.
- Go stainless steel.
- Add a Kitchen Island.
- Hang a pot rack with fresh new pots, pans and a hanging wine bottle holder.
5. Beautify your bathroom.
The bathroom is the workhorse of any house. There is lots of wear and tear, so you want to keep it functioning well and make good looking upgrades along the way.
- Focus on your faucet. Bathrooms are not utilitarian anymore. People like to feel relaxed, like they are in a spa.
- Go granite or marble with your countertops. If you are toying with the granite idea, your bathroom counter is most likely smaller than your kitchen counter and less expensive. This is a great place to start your first granite project.
- Get rid of overhead lighting in favor of wall mounts. This will add warmth and value to your bathroom.
- Heated floors attract buyers.
- Upgrade your bath area. With an 85 percent return, install a shower with body sprays and stone surround tile.
- Keep it clean. Freshen it up with new grout.
6. Hire a certified home inspector.
You go to the doctor for physical exams and take your car in for checkups. Why not do the same for your house? A home inspection can be a valuable thing, whether you are selling or not.
If you are selling, get your own inspector before you put your home on the market. The last thing you want is to have a contract on the table, only to hear the inspector has found dry rot. If you know in advance, you can take care of it. If a home inspection turns out well, it is likely the buyers will feel good about their purchase and not ask for costly fixes or concessions.
Why bother having an inspection if you're not worried about selling now? Keep those records to show future buyers you have maintained your house all along. Planning ahead will save you moneyin the end. it will also give you time to fix any problems that the inspector finds. You can fix problems on your terms for far less than you will likely spend if you wait.
I hope you find this Blog helpful. Remember RyCass Remodel and Restoration, LLC is always here for help with your Remodeling needs. Feel free to contact us at 407-542-4600 to schedule your free home consultation