Upgrade Home Finishes
The look and feel of your home plays a key role in its value. Upgrading outdated finishes may help your house look more attractive to potential buyers and increase its overall sale price.
A fresh paint job is a popular low-cost way to boost your home’s resale appeal and make it look more updated. Similarly, replacing old appliances with energy-efficient models can both reduce your utility bills and improve your home’s value.
Energy Efficiency
If you’re planning a home renovation project, consider making energy efficiency upgrades that will cut utility costs for your family while boosting the property’s value when it comes time to sell. Homeowners are eager to buy homes with efficient heating and cooling systems, appliances, and insulation.
Installing a smart thermostat, LED light bulbs, and residential solar panels are a few simple tricks that will lower your energy bills and boost your home’s value. According to Freddie Mac, these installations increase home values because they reduce monthly expenses, giving homeowners more disposable income that can go toward paying the mortgage.
Declutter
Keeping your home free of clutter is one of the most inexpensive ways to increase your property resale value. Clutter makes a room feel smaller and less spacious, which can deter prospective buyers. Additionally, cluttered spaces can give the impression that major repair issues are lurking in the home’s unfinished space.
To make your home more attractive to prospective buyers, start by decluttering all your closets and storage spaces. Create piles for things you want to keep, things you might sell, and things you can donate. Be sure to label each pile so you can keep track of what you’re getting rid of.
Pre-Listing Home Inspection
When you schedule a pre-listing inspection, you can address issues before the buyer’s inspector uncovers them. This can save time, money and stress on both parties. It can also reduce the risk of buyers getting spooked by an inspection and asking for costly repairs or backing out of the sale altogether.
While it isn’t required by law, getting a home inspection before listing can make the selling process smoother and faster. Moreover, prospective buyers often ask sellers for price reductions and repair credits based on the results of their own inspection, so beating them to the punch can make the process more seamless for all involved.