You
have had enough and want to upgrade to a new home. You have looked online and know exactly what
you want and all you need to do now is sell your old home. You start the process and that’s when the bad
news comes. Your home is not worth what
you thought it would be worth and without a little help; your listing agent
does not think that it will sell without some real help. Sure, you had heard about how home values
have dropped over the years but you never realized just how much. Also, you have lived in your home for ages and
made it a place that is extremely comfortable to you. Now, of course, you can’t
afford the new home you wanted if you can’t sell your existing home. What do you do now? You can either forget your dreams of a new
home or you can do things to help the value of your existing home in order to
make the sale easier. Time to fix up the
property so that it today’s buyers will be interested and will offer you the
amount of money you need to move on.
When
getting your home ready to sell, there are five key things to look at that will
help the value and make buyers take notice and luckily these improvements will
not break the bank. First and foremost,
you need to think of first impressions. You
can’t get people to look at the inside of your home if your landscaping is
scaring buyers from even stopping at your home.
Buyers might think that if you ignore your yard, you are more likely to
ignore other areas of upkeep of your home, thus lowering the overall
value. Curb appeal makes a difference,
so make sure your landscaping is tidy and not overgrown. If necessary, spruce up your tired yard by planting
some bright flowers and create a welcoming atmosphere around your home. The second area to look at improving is your
bathroom. If you can’t remodel your
whole home, just improving the bathroom can entice more buyers than you
think. But if you can’t afford a
complete remodel, minor improvements, such as paint, new light or plumbing
fixtures, or even replacing old shower curtains, can go a long way to changing
the look and appearance of an outdated bathroom. After, the bathroom, the kitchen is third most
essential room to improve. Cabinets play
a major role in a buyer’s decision about the kitchen, so if you can afford it, replace old and tired cabinets when you can.
If not, either paint or clean and polish existing cabinets to improve
the overall look of the room. Replacing
outdated appliances is another way to add value to your home and the return on
investment is pretty high. The fourth thing
to think about is lighting.
Unfortunately, most homes in America are not lit properly. Bright lighting makes rooms look more
spacious, so for every 50 square feet you should aim for a total of 100 watts. There should also be at least three different
fixtures in each area. You need ambient light (overhead), task light (pendant,
under cabinet, reading, etc.), and accent light (table lamps or on walls). The last area to consider is Going
Green. Today’s buyers are extremely
interested in ways to improve a home’s energy efficiency by lowering their
carbon footprint, and thus decreasing high energy costs. Small things like programmable thermostats,
water-saving faucets or toilets, tankless water heaters, energy efficient
appliances, to solar panels are definitely things to think about to attract
energy conscious buyers to your home. Besides,
energy efficiency is something that will never go out of style. So before your dreams of a new home go up in
smoke, consider these areas to attract new buyers to your home as well as
increase its value at the same time.
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