How Can I Increase My Home`s Value?

 

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How Can I Increase My Home`s Value?
Written By: Mark Carter ~ 10/16/2018

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Whether you’re planning to sell now, in a couple years or you’re simply looking to make your home as valuable as possible in the long term, you can potentially help increase its value with regular maintenance, renovations or even additions that could appeal to homebuyers.

Many homeowners are motivated to add value to a property when they're preparing to sell. It’s not impossible to add a couple thousand dollars to that price tag with some simple remodeling projects that can make your home look fresh and appeal to buyers.

Here are a few:

  • Fresh paint in neutral colors
  • New landscaping outside
  • Smart thermostat to save energy
  • New or refinished cabinets
  • New or well-maintained roof
  • New or well-maintained furnace or air conditioning

Maximizing value isn't just about cosmetic fixes – it's also about focusing on key areas like the roof and HVAC that would come up in a home inspection. Issues like leftover water damage on the ceiling from an old roof leak or a cracked window will show up in the home inspector’s report. If anything concerns the buyer too much, you may run the risk of the deal falling through.

An inspection may unveil some minor issues – or some major issues – and you need to understand that you might be asked to fix some of these things or you might offer your buyer’s a credit to move forward and close the deal.

Keeping an open mind and understanding that when buying and selling real estate it’s important to keep the end goal in mind.

Call me to discuss your particular needs and we can develop a plan to make it happen!


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