Did you know that 5.8 million homes sold in the U.S during May 2021? It was a 45% increase from the previous year. With the average home sale being over $350,000 now is the perfect time for selling a home.
Are you considering starting the selling process for your home? Are you wondering how to increase home value before the sale?
The following guide will explain what increases home value and how you can easily upgrade your home. Read on to learn how to get more out of your home sale with a few simple tips.
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Home Renovations
Kitchens and bathrooms make a strong impression on homebuyers. They also become dated faster than other rooms of the house. Spending money to upgrade these rooms is a great way to add overall home value.
Finishing an unfinished basement or any other unfinished space instantly adds value to a home. Building out this extra space adds square footage to your home and is typically very affordable.
Energy-efficient Home Features
Energy efficiency is attractive to homebuyers because it helps save money on their utility bills. Upgrading a furnace or even something as simple as the microwave makes a difference.
Consider upgrading to a smart thermostat to easily improve the heating and cooling cost of a home. This is a simple and inexpensive upgrade that’s even easy to install yourself.
Other technologies to consider include smart lighting, smart fire detectors, and smart locks. Upgrading to smart technologies is an easy way to set your home apart.
Staging to Increase Home Value
Find expert agents like those at Jeff Cook Real Estate to help you stage and sell your home. Home staging is an effective way of adding value and selling your home faster.
Home staging techniques have been found to increase the value of homes up to 10 percent. Staging includes preparing the home for a showing. This is done by doing things like redecorating, rearranging furniture, cleaning, and anything else to present the home in the best way possible.
Maintain and Improve Landscaping
Curb appeal is very important to first impressions and it makes a big impact on the overall value of your property. Adding to existing landscaping or finishing different outdoor areas is inexpensive and easy to do on your own.
If nothing else, maintain the landscaping you already have. Trimming hedges, keeping the yard mowed, and spraying weeds are simple tasks that will attract more buyers.
You might also consider power washing and painting the exterior of your home if needed. Fixing cracks in driveways and walkways is another quick way to spruce up the exterior.
Ready to Sell Your Home?
Now you know a few easy ways to increase home value. Poper staging, cheap appliance upgrades, quick renovations, and maintained landscaping will have buyers interested and ready to spend more on your property.
Did you find this article on increasing home value helpful? Check out the rest of our blog for more real estate tips and other useful information.
