If you're thinking about selling your property, you're probably wondering about its worth and how the market will treat you in terms of a fair selling price. For that, you need to make sure that your home has exceptional value and desirability. With the guidance of a realtor, you can potentially increase the value of your home.
Given a little time and effort, many of the following makeovers are simple and economical. So, read the blog to grab a few ideas to improve your home.
A Swimming Pool
Installing a pool is an eye-catching addition to your home. It can be a fun space. In addition, it’s a go-to hangout spot during get-togethers and parties. But most homeowners ask a similar question – will a pool add value to our home?
Like any home makeover project, a well-designed pool should raise your home’s value. However, that depends upon four main things – buyer’s behavior, your neighborhood, regional climate, and pool quality. Other factors to consider are its maintenance, insurance and utilities.
So, if you’ve ever dreamt of owning a pool at home, then call in the pool companies and bring in the joy for years to come.
New Lighting Fixtures
Nothing is worse than a dark room unless it has old light fixtures. However, when you add new, stylish lighting fixtures, it can make a huge impact on your closing deal. Potential buyers would definitely fall for great lighting. After all, the room will look spacious and pleasant to live in.
The type of lighting fixtures you can incorporate can be LED or recessed lighting; these two are popular options among potential buyers because they are energy-efficient and have dimmer switches.
If your home lacks natural light, then make sure you invest in new lighting fixtures in your entire home.
Repaint the Exterior
Peeling or outdated paint may significantly reduce the visual attractiveness of your property. Exterior paints play an important part in optimizing the attractiveness of your home, improving its resale value, and making it stand out among the neighboring homes in such a circumstance. Additionally, statistics say, consumers and designers think that a good-looking exterior painting enhances the home’s value by 2-5%.
Besides repainting exterior walls, you can place plants and flowers too. They’ll provide a calming effect to your outdoors, attracting buyers.
So, opt for repainting the exterior part of your home or placing plants and flowers. It will be an economically effective option to bring a good impact while selling your home.
Replace Your Front Door
Because it is part of your home's front, a fashionable front door adds value to the property. Investing in a new entry door, in particular, increases the value of your property.
Your front door, as part of an appealing house exterior, will attract potential buyers when they walk into your property. The more people that come to your house, the more likely it is that potential purchasers will fall in love with it.
This way, you may generate healthy competition, allowing you to get the most out of your home. Furthermore, the likelihood of your house being sold as soon as feasible is high.
Prioritize Space, not rooms
Homebuyers seem to look at space more rather than rooms, in particular, ground floors. Segmented rooms are a major turn-off. Hence, if you’ve non-load bearing walls, then knock them down and increase the space to make it more functional.
For instance, nowadays, potential buyers are attracted to a large kitchen in connection with the living space. It provides natural sunlight and allows people living inside to connect more.
While you want to enhance your home and boost its value, you also want to be careful not to over-improve it. You don't want to spend money on a makeover that will not yield a return on your investment. Putting high-end equipment in a home in a middle-class area, for example, would be an over-improvement.
Hence, before you embark on the renovation project, do some research in your region to determine how much the home will be worth after the repairs. And then pick any one or all of the above ideas to improve your home's desirability.
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