Selling a home in today’s aggressive marketplace can be challenging. The good news is there are a few tweaks that can give homeowners a serious leg up on the competition.
With the warmer months being the most active time of year to buy and sell real estate, it’s important to ensure your home is seen in the best light possible.
“Despite the influx of homes for sale this season, the process of buying and selling a home can be simple, efficient and enjoyable,” said Wendy Froehlich of Homes.com, one of the nation’s top online real estate listing and lifestyle resources.
According to Homes.com, the top five projects that improve home equity are:
If adding an additional bathroom isn’t an option, upgrade existing ones.
Adding a dual vanity to a master or secondary bath improves functionality, allowing multiple people to use the space. Change out fixtures like faucets and shower doors to increase aesthetic appeal. If you’re on a budget, replace light fixtures or switch plates to help refresh the space.
When working with a small space, highlight storage options with shelving and update or remove wall decor, paint or wallpaper.
Kitchen renovations can cost anywhere from $20,000 to $40,000 and more. If that’s not in your budget, upgrading cabinetry and paint does wonders to liven up even the most outdated spaces.
Add crown or decorative molding to “shape out” the kitchen cabinets and modernize the space. Repaint cabinets, or add new hardware to add visual interest and brighten dark spaces.
Curb appeal adds immediate interest to any home’s exterior. According to Remodeling Magazine, improving outdoor spaces can increase a home’s resale value dollar-for-dollar.
Frame the front walkway with items that add visual interest, like flowers, potted plants, large rocks of various sizes and solar-powered lights. If yard space is scarce, hanging plants are another great, low-cost option.
Extend outdoor projects to the backyard — power-wash decks or patios and clean screened-in areas.
Extra Room or Den
Extra room or den improvements can optimize livable space. Whether transitioning the extra room to a home gym, office or family room, the basics remain the same: maximize the space.
Maximize space by including shelving and storage units. If the opportunity exists, make the space feel open and inviting by creating an open stairwell, a trick that visually connects the upper part of the house with the lower, and filters natural light into the space.
Making homes stand out in a sea of real estate listings isn’t always easy. More tips on increasing home values can be found at www.Homes.com.
courtesy of State Point Media
Tags | home improvement tips