When selling your house, you want to make a profit on what you originally paid for it. At the very least, you want to get your money back. There are certain things that you need to focus on in regards to the design of your house that can add more profit than you may realize. While some require time and effort, others are little touches that can make all the difference. Here’s how to improve your home value.
5 Ways to Improve Your Home Value
Change the Color
If you have bold colors lining your walls, many buyers won’t like that. Go for neutral colors such as white, beige and light grays in order to appeal to a wider audience. Put yourself in their shoes – if you walked into a house that couldn’t easily be molded into something that was your style, would you be more or less inclined to make an offer? This is something that is relatively simple to fix before putting your house on the market. Not only does it give a blank canvas to potential home buyers, but lighter colors appear to make rooms look bigger (a definite selling point).
If you haven’t had a kitchen remodel or bathroom redesign since you moved into your house, you might want to consider getting one done. Even if you won’t be benefiting from it personally, it could add thousands to the value of your home. Buyers are always looking for amenities within the house that meet their needs. If they were looking for a house to renovate, they’d get a run-down property where they could do the renovations themselves. Even though it might cost a bit of money upfront to do a bathroom or kitchen remodel, it can increase your home value by thousands.
Keep It Clean
This is an obvious one, however, many people who are selling their home make the mistake of ignoring this tip. The cleaner your house is, the more likely it is to sell. Keeping things minimalistic and decluttering all of the possessions that you don’t actually need is a great way to keep on top of things.
Think of Repurposing a Room
If you have a relatively small house, extending it could increase your home value by up to 30%. Adding a conservatory, making extra rooms by converting an unused garage or loft, or even adding a small porch are all great ways to increase your home’s appeal.
Ensure Everything Is Working
When people come to view your property, they are going to want proof that everything is in working order before putting in an offer. Tiny nicks are easy to cover, and holes and cracks in walls are simple to fill. Everything else (such as electrical and plumbing problems) should be fixed by a professional before you have anybody coming into your house to look around. These things can be relatively cheap to fix in the grand scheme of things.