One of the trickiest things for most homeowners is deciding what to add to their home to increase the price or what they could do to achieve this. The last thing that any homeowner trying to sell wants to deal with is having their home sit on the market for months and months.
If you are considering selling your home, especially for the first time, you might be at a standstill and can’t decide what to do. Well, the first thing to do is contact a professional, such as these Wandsworth estate agents, and second, to consult them regarding all the improvements that need to be done to raise the price of your home.
This article will provide a few tips on what to add to raise the price of your home, as well as general tips for raising the price. Happy selling!
Spruce Up the Curb Appeal
One of the easiest things you could do to raise the value of your home without jumping in and renovating your kitchen would be to increase your home’s curb appeal. What is the one thing you want potential buyers to do when they first see your house? You want them to say “I want to live there.”, even without seeing the inside.
By adding a stone walkway with planters and easy-to-maintain plants leading up to the front door or porch, you can immediately increase the curb appeal of your home. This also means that you should consider fixing the gutters, replacing any bulbs that aren’t working, and replacing any cracked windows.
Consider the Lighting
Another aspect of you should consider improving would be the lighting since this can make a big difference to potential buyers. In case you aren’t aware, lighting can affect many things, including mood and energy levels. As such, having great lighting in your home will definitely increase the price, especially if you use lighting cleverly, such as to make rooms seem bigger or highlight architectural centerpieces within the home.
More than this, you should also look at how many windows you have and how big they are. You might find that you could add a window or two since natural lighting is also something potential buyers look for.
Update the Bathroom and Kitchen
If you truly want to increase the price of your home substantially, the two rooms in your home that you should consider adding onto or remodeling would be the bathroom and kitchen. Did you know that by having a great kitchen, you could add around 4-7% more value to the price of your home? This makes sense since the kitchen is considered to be the heart of the home.
The bathroom is as equally important as this is another room where people will be spending a bit of time. A great tip for the bathroom would be to try and use as much of the old bathroom as possible since remodeling a bathroom can be quite expensive. Instead, try to install new towel racks, faucets, or even a new door and lighting. This can make all the difference in the world without needing to spend thousands of dollars.
Livable Square Feet
Another tip for those who are trying to increase the value of their home as much as possible would be to try and increase the amount of livable square feet available. Why? Because reports show that the value of a house increases with the amount of livable square feet. The good news is that there is a lot that you could do to increase this.
For example, you could add a patio, or an outside living area, which is incredibly popular for families. You could even increase the amount of livable square feet by adding another bathroom, and since a great bathroom already increases the price of your home, you will be killing two birds with one stone.
Give it Another Coat of Paint
Finally, the last tip on this list for those looking to increase the value of their home would be to give it another coat of paint. When you first bought the house or first repainted it, it might have been a great color for the time, but times change, and so do the colors of paints that buyers are interested in.
As of right now, especially if you are reselling, the two best colors to use would be neutral colors and blues. Neutral colors are great for the home’s interior since it allows prospective buyers to imagine the colors they would use.