Selling your home? It can be a scary prospect, wondering what your home is worth and what you should expect from the market. On the one hand, you could be severely undercutting yourself if your approach is too conservative. On the other, if your estimate is too high, you’ll be setting yourself up for disappointment. Fortunately, there are numerous strategies to increase the value of your home without requiring an all-out renovation. Read on to see the simple steps you can take to get started on raising your return:
There’s a classic Catch 22 when it comes to upgrading your home security: All buyers are happier with a safer, more secure home, but many will balk at the unsightly bars across windows or 1984-esque security cameras in the corners. Thankfully, with smart door locks, you can revolutionize your home security while still maintaining a subtle, clean aesthetic in the home. Now you can have the convenience of locking or unlocking your doors from any room in the house, or even while on the move. Prospective buyers will be blown away by the ability to swipe a card or scan their fingerprint to gain entry, although traditional key designs are also available. This will smarten up your home security, add value, and leave prospective buyers feeling impressed and secure.
Fresh Coat of Paint
There is no cheaper and more effective way to completely modernize a home on the market than a fresh coat of paint. A paint job can update even the oldest of houses, and when paired with some other quick renovations (new tap hardware, new benchtops), the change can be night and day. It is simple, effective, and doesn’t break the bank.
Don’t get to thinking floors are beneath you. Once the walls are sorted, the next best change is ground-level. By replacing your carpet, or pulling it up to expose the untouched floorboards below, you can easily add extra value to a worn, lived-in home. This is also a great way to modernize outdated styles, which are often found in tacky bathroom or kitchen tiles. Combining the paint and flooring steps, you can bring your home into the 21st century without having to renovate anything substantial.
Power in the Right Places
One of the biggest frustrations when moving into a new home is to realize the mapping of the electrical outlets in a particular room is throwing a spanner in your planned furniture layout. It can be maddening, for example, a room is best suited as a study, but only has a single outlet in an inconvenient spot. Be the change you want to see in the world, by making life easier for the next owner and hiring an electrician to come through and add in more outlets where necessary.
If you own an older home, chances are the air-conditioning is either very basic if not non-existent. If air-con is irrelevant due to your geographical location, then turn your attention to central heating. If either is lacking the ability to adequately service the house in the most extreme weather of the year, then this is an essential change to make to your home. Back in the day, just having the main living room heated or air-conditioned was enough, but that won’t be adding extra value to the house in this era of perpetual convenience.
With these five steps, you’ll be on track to increasing your estimate and giving your home some great new features to add to the marketing material ahead of the sale. Good luck!