Selling your house is not something that can be described as an easy process. Of course, depending on how much sentimental value it has to you. Naturally, this doesn’t have anything to do with your asking price for the house and the property that comes with it. Instead, we can see that there are many other factors used in determining the final value. Naturally, it needs to be said that the owner of the home can influence the majority of these factors. Of course, one of the biggest factors is conducting renovations that can make your home much appealing to potential buyers.
It’s needless to say that every owner is willing to do whatever it takes to increase the value of their property. However, every owner house owner needs to be aware of the fact that investing in certain aspects will simply not result in a higher return. Sadly, we can see that many of them make a mistake like this. But there are smarter and much cheaper ways to enhance your home’s resale value. If you would like to learn about how you can save your money in pretty much every situation, visit xpertmoney.com.
Now, we would like to talk about a couple of tips and tricks on how you can upsurge your house’s value, without breaking a bank. Let’s take a look at these.
1. Kitchen Makeover
Talk to any real estate agent and you will learn that kitchen renovation is one of the most important things you can do for increasing your home’s value. Depending on its state, you will need to perform a complete renovation or just replacing some appliances and cabinets. In most cases, you will need to replace older cabinets and appliances, without redoing the whole space.
Thankfully, you will see that this is not something that will require too much investment on your behalf. Sometimes, you will just need to refresh them a little bit. It involves cleaning and repainting them, which you certainly can do on your own. According to experts, making a proper investment in a kitchen can almost doubt profit when you sell the property. Without a doubt, the kitchen is where you should start.
2.Give Your Garden a New Look
One of the most negative factors that can inflict a serious blow to the home’s value is having an overgrown garden. Just think about it, the front garden is the first thing that a potential buyer sees. Leaving a proper first impression is something that increases the chances of selling. When you decide to upgrade its looks, you can go two ways. You can change it completely or just make small variations.
Of course, you should consult a real estate agent about how you should handle this situation. But you can be sure that this will not require too much of an investment on your behalf. For example, if you have decided that you don’t want to redo it completely, you can think about adding some beautiful plants that can make your front garden more appealing and inviting. We cannot stress enough how important this is.
3. Repair Damaged Floors
Now, we would like to talk about repairing damaged floors. Maybe you didn’t know that this kind of investment can ensure 100% of the investment. If we are talking about replacing the whole floor, this percentage goes up to 91%, which is still pretty impressive. Once again, this is what can make a great first impression. When the potential buyers start scrolling the images on a site, this is one of the first things that will be noticed.
In some cases, this is an investment that can be pretty high. Thankfully, there is a compromise you can make and lower your investment. For example, if you use laminate, you will see that this is a low-cost solution. The reason is that the costs are between $3 and $7 per square foot. However, it is important to stick with the style that will complement the overall style used in the house.
4. Adding Energy-Efficient Windows
We can see that energy efficiency plays a pivotal role in people’s decision whether they will buy a house. With that in mind, we can see that having older kinds of windows in your household will affect the property’s value. Therefore, it wouldn’t hurt you to think about adding some new ones. In case you are interested in increasing the value significantly, you should add energy-efficient windows.
It needs to be said that adding this will not require too much of an investment. At the same time, you can expect to recoup around 75% of the costs, which is pretty high. The average price of these windows revolves around $120 per one. Plus, you can count on the green energy tax credit for this kind of upgrade, which only adds to the overall profit you have made.
5. Boost up Your Living Room
Last but not least, we would like to say that a living room is one of the most important factors in enhancing your home’s value. At the same time, it will not require too much effort. Just a simple repainting can boost the value significantly. Furthermore, you should think about including some smaller appliances, like scatter cushions. If not, maybe you can add a layer of paint to it and give it a fresh look.
In case the living room is small, then you should include a mirror on the opposite side of the windows. That way you will create an effect that will make it look bigger than it is. Also, think about replacing an old carpet and include a new one that will add a whole new vibe to space. Last but not least, you should not forget about performing a declutter.
As you can see adding value to your household is not as hard as many people believe it is. Here, we’ve presented you with the top five simple and cheap ways you can do that. We’re sure you’ll find them useful.